Freshippo, Alibaba Group’s digital intelligence-powered new retail company, has officially launched its supply chain center in Shanghai. The center, with a total area of nearly 1 million square feet, ... ( read original story ...)
Tesla’s China deliveries account for more than half of global sales
Tesla’s deliveries from its Shanghai factory more than doubled in the second quarter, accounting for over half of its record global sales, according to a Chinese trade group. Tesla (TSLA ... ( read original story ...)
Tesla is laying off a bunch of its Shanghai Gigafactory workers, weeks after Elon Musk visited and praised their hard work
Tesla is laying off some staff at its Shanghai factory, per Bloomberg. Elon Musk recently visited this location and praised staff for their hard work. ( read original story ...)
Chinese firms showcase breakthroughs in key technologies at global AI conference in Shanghai
The development of China's artificial intelligence (AI) is gaining momentum, with domestic tech firms showcasing various breakthroughs in key technologies at the World Artificial Intelligence ... ( read original story ...)
Shanghai invites Merck to invest more in R&D for sustainable development
Shanghai Party Secretary Chen Jining met with Merck Group's CEO Belen Garijo and her delegation on Wednesday. Chen said that the 20th National Congress of the Communist Party of China outlined China's ... ( read original story ...)
US’ Moderna to Set Up China HQ in Shanghai to Promote Localized Vaccine, Drug Production
Us vaccine maker Moderna has announced it will set up its Chinese headquarters in Shanghai to promote localized research and development, production, and sales of mRNA vaccines and drugs in China. ( read original story ...)
Chinese “Signals” Will Boost The Country’s Anemic Private Sector Investment – Harvard Business School’s John Quelch
Quelch, who still serves as honorary chairman of an international advisory board at CEIBS, expects government “signals” to turn that around. “I think it's just a matter of lightening the regulatory ... ( read original story ...)