Shanghai, South China's Guangdong and Hainan provinces in April to look into their business environment. Other provinces on the list include Northeast China's Liaoning and Jilin provinces, East ... ( read original story ...)
Shanghai planning US$13.8 billion fund of funds in pursuit of ‘several world-class industry clusters’, with eye on AI, biotech and semiconductors
Mainland China’s commercial and financial hub plans to set up a 100 billion yuan (US$13.8 billion) fund of funds focusing on key technology sectors to fire up the local economy. ( read original story ...)
Shanghai sees 21 new projects underway from investment
Shanghai's appeal to companies from home and abroad remains unchanged, which can be proven by the 21 new projects incurring 52.4 billion yuan ($7.3 billion) of investment landed in the city on Friday. ( read original story ...)
Shanghai Introduces New Guidelines for Cosmetic Advertising
Shanghai issued New Guidelines for cosmetics advertising, covering aspects such as product classification, efficacy claims, and endorsement. ( read original story ...)
China’s ‘Princess of Wahaha’ Zong Fuli looks to revive US$2 billion family beverage business after founder’s passing
The death of Zong Qinghou, formerly China’s richest man, is thrusting his only child into the spotlight. Her family fortune has dwindled as rivals outsell Hangzhou Wahaha Group by latching onto new ... ( read original story ...)
Mumbai becomes Asian capital with most billionaires, bumping Shanghai: report
The city of Mumbai has officially surpassed Shanghai as Asia’s capital city with the most billionaires, according to a new Hurun Global Rich List 2024 report. Mumbai, India’s financial ... ( read original story ...)
Apple’s Cook visits Shanghai to ‘double down on China strategy’: Wedbush
CEO Tim Cook traveled to China last week as part of a plan to bolster the tech giant's presence there despite geopolitical tensions, according to Wedbush. Cook was one of several U.S. business leaders ... ( read original story ...)