Qihoo 360 reported a net loss of 1.56 billion yuan in the third quarter, compared with a 431 million yuan profit in the same period last year The Shanghai-listed company blamed the huge loss on ... ( read original story ...)
Private sector essential driver of development
Reviewing the course of China's reform and opening-up over the past more than 40 years, the importance of the private economy cannot be exaggerated. It now contributes more than 50 percent of tax ... ( read original story ...)
Shanghai business optimism hits record low as Covid controls linger
More than half of the Chinese companies surveyed by a leading US business lobby in Shanghai believe the country’s economic management is deteriorating. The American Chamber of Commerce in Shanghai ... ( read original story ...)
COVID-19 in Shanghai: 11 local infections, 22 imported patients
The city reported no locally transmitted confirmed cases, 11 local asymptomatic infections, four imported confirmed cases and 18 imported asymptomatic infections for Thursday, said the Shanghai Health ... ( read original story ...)
Beijing mayor Chen Jining tipped for ‘surprise’ promotion to top job in Shanghai
Chen arrived in Shanghai on Thursday evening and an announcement is expected on Friday, according to sources Appointment seen as part of President Xi Jinping's strategy to put people with strong ... ( read original story ...)
Shanghai’s industrial output, trade see robust growth in Q3
SHANGHAI, Oct. 27 (Xinhua) -- The major economic indicators of China's business hub Shanghai were better than expected, official statistics showed Thursday. The city's value-added output by major ... ( read original story ...)
Shanghai reports new COVID-19 community case, wet markets under scrutiny
Shanghai reported a COVID-19 community case on Thursday, with the 31-year-old female having visited several fresh food markets in the city's downtown area. Shanghai reported a COVID-19 community case ... ( read original story ...)