China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales expected to remain flat this year, consultancy Bain and Company said at the launch ... ( read original story ...)
Shanghai reform program proves successful
While implementing the reform measures, he added, Shanghai has achieved major goals in four aspects, including introducing a number of first pilot programs by aligning with World Bank standards, ... ( read original story ...)
Elon Musk had a pre-inauguration meeting with China, lining him up as a Trump-Beijing intermediary
Trump advisor Elon Musk has longstanding business ties in China. ( read original story ...)
Shanghai introduces authorized economic operator system into industrial sector
East China cosmopolitan Shanghai made a further innovation in optimizing its business environment by introducing an authorized economic operator (AEO) system into its industrial sector, becoming the ... ( read original story ...)
Legislature Members Propose New Ways for Shanghai to Safeguard Chinese Firms Going Global
Shanghai has been particularly affected by the increasing global economic uncertainty and risks due to its robust and outward-oriented economy, so company representatives proposed new ways for it to ... ( read original story ...)
Shanghai economy surpasses US$695.6 billion in 2024
Shanghai's economy exceeded 5 trillion yuan (US$695.6 billion) in 2024, mayor of the east China metropolis, Gong Zheng, said Wednesday. ( read original story ...)
Sinopec Shanghai Petrochemical to spend US$2.91 billion to improve operations
Sinopec Shanghai Petrochemical Company said on Tuesday it will upgrade its operations by investing 21.31 billion yuan ($2.91 billion). To maintain its capacity in crude oil processing and make other ... ( read original story ...)