The start-up, valued at US$2.2 billion, secured funding from a private equity entity under Shanghai State-owned Capital Investment. ( read original story ...)
Judicial intervention ensures compensation for fraud bank card withdrawal
A few years ago, Wynne encountered an incident that has been impressed upon his memory. It happened that one of his bank cards saw a fraudulent withdrawal overseas, causing a loss of 5,000 yuan ... ( read original story ...)
Discover the Thrills of the 2025 Checkered Flag Carnival in Shanghai
Discover the Thrills of the 2025 Checkered Flag Carnival in Shanghai ... ( read original story ...)
Tesla planning lower-cost ‘E41’ Model Y to regain China market share; Shanghai production to start 2026
Tesla is set to produce a lower-cost version of its Model Y electric vehicle with the aim of regaining market share in China, its second-largest market, Reuters has reported. Citing three sources, the ... ( read original story ...)
China should not prioritise low prices in drug procurement plan, European lobby group says
A European business lobby group urged China to take steps not to prioritise low prices over product safety in the country's centralised drug procurement programme. ( read original story ...)
Hyundai strengthens collaboration with China’s Thundersoft
Hyundai Motor Group has signed a new “strategic cooperation framework agreement” with Chinese software firm Thunder Software Technology Company. ( read original story ...)
Technology boosts indoor skiing industry in south China
With a total investment of 36.7 billion yuan, a new indoor ski venue is scheduled to open in Shenzhen by the end of 2025. With a snow area of 100,000 square meters, it is expected to set a new record ... ( read original story ...)