China's commercial hub Shanghai on Friday announced 100 billion yuan ($13.79 billion) in funds to boost its integrated circuit, biomedicine and artificial intelligence (AI) industries. ( read original story ...)
US companies remain confident in Shanghai’s business environment
Despite economic and geopolitical challenges, US companies remain committed to their investments in Shanghai, said Eric Zheng, president of the American Chamber of Commerce (AmCham) in Shanghai. ( read original story ...)
Shanghai leads in attracting global companies
Shanghai proved its appeal as an ideal foreign investment destination as 30 regional headquarters of multinational corporations and 15 research and development centers were certified during a ceremony ... ( read original story ...)
Russian Business Faces China Trade Crisis
In August, the Moscow Exchange risks losing its second clearing bank for Chinese yuan in a month, industry insiders warn. ( read original story ...)
Shanghai Goes Global For Tourism Boost
Shanghai's new tourist campaign aims to welcome visitors to the city through initiatives, incentives and events. ( read original story ...)
Accelerate Shanghai’s Development as An International Financial Center and Explore New Paths for the Internationalization of the Chinese Yuan
Since the initiation of cross-border trade settlement in Chinese yuan in 2009, the internationalization of the redback has achieved remarkable milestones. In May 2022, the IMF increased the yuan's ... ( read original story ...)
Shanghai-based USI opens new manufacturing plant in Tonalá, Jalisco
Global electronics company Universal Scientific Industrial has opened a new $82 million plant in Tonalá, Mexico, in Guadalajara's metro area. ( read original story ...)