China's new action plan to enhance cross-border financial services in Shanghai is set to bolster the city's heft as an international financial center, officials said, highlighting the country's ... ( read original story ...)
Toyota inks deal for wholly owned Lexus factory in Shanghai
SHANGHAI] Toyota Motor is set to become only the second carmaker after Tesla to operate a wholly owned factory in China after it formally agreed this week on a new electric vehicle plant near Shanghai ... ( read original story ...)
Tariff-hit China exporters reluctant to heed government calls to sell locally
Eno Qian, who runs a clothing factory in eastern China, says she makes a 20 yuan ($2.74) profit for every item she sells abroad and only a tenth of that on domestic sales, making a shift to the local ... ( read original story ...)
Shanghai’s new steps to support high-quality development of private firms address urgent needs
"Shanghai may not have served as a start-up place for private enterprises. But it is always the place for these companies to seek higher level of growth or tap into the overseas market. Shanghai's ... ( read original story ...)
Robotaxi maker Pony.ai sees Trump’s trade war hitting sentiment, overseas expansion plans
SHANGHAI (Reuters) -China-based robotaxi developer Pony.ai Inc said on Thursday that U.S. President Donald Trump's trade war with China was likely to dampen its international expansion plans, but it ... ( read original story ...)
Shanghai easing cross-border finance
The new action plan to further improve the facilitation of cross-border financial services provided in Shanghai will help facilitate Chinese companies' overseas outreach, which is in turn conducive to ... ( read original story ...)
Tech war: Shanghai chip firm doubles quarterly profit as China expands supply chain role
Semiconductor design firm Montage Technology is currently one of the world's three main suppliers of connector chips to the DRAM market Chinese semiconductor company Montage Technology reported a ... ( read original story ...)