In the first seven months, Shanghai had 52,000 foreign trade enterprises with import and export business, an increase of 6.1 percent year-on-year. Among them, foreign-invested enterprises contributed ... ( read original story ...)
China Scuttles a $5.4 Billion Microchip Deal Led by U.S. Giant Intel
Intel calls off its planned acquisition of Tower Semiconductor, an Israeli chip maker, after waiting in vain for 18 months for a review by Chinese regulators. ( read original story ...)
Shanghai expands scope of virtual asset trading to become a ‘data industry innovation highland’ worth US$69 billion by 2025
Some 5,000 data products are expected to be listed on the Shanghai Data Exchange by 2025 These products are focused on major industries that include finance, logistics, technology and manufacturing ... ( read original story ...)
International Youth Day 2023: Shanghai Electric Takes Onboard Over 700 Graduates from the World’s Leading Universities in the Latest Hiring Drive
SHANGHAI, Aug. 15, 2023 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) ("the Company") announced that over 700 employees, who recently graduated from top-notch universities around the world ... ( read original story ...)
Shanghai’s retail industry sees signs of a customer-centric resurgence
Despite the closure of one of Shanghai's most popular and aesthetically pleasing department stores in Xujiahui, which is a core area for shopping in Shanghai, there are signs of a reviving ... ( read original story ...)
Covestro AG starts production at new plant for polyurethane elastomers in Shanghai
Covestro AG has started production in its new plant for polyurethane elastomers systems at its integrated site in Shanghai, China. Groundbreaking for it had been announced in summer 2022. The ... ( read original story ...)
Giant symbol of love draws crowds at the Bund
To celebrate the upcoming Qixi Festival, also known as Chinese Valentine's Day, the Bund Finance Center (BFC) has set up a large balloon art installation titled "Balloon of Love" along the Bund in ... ( read original story ...)