Local LED business acquires competitor

General LED has about 25 employees, while Acolyte Group has about 28 employees in its U.S. offices, according to LinkedIn profiles. Each manufacturer has additional offices overseas. Both have offices in Shanghai, and General LED has an office in Dubai. ( read original story ...)

Driverless van makes debut at Shanghai campus

A driverless electronic van is being tested on the campus roads at Shanghai Jiao Tong University. The vehicle, which has a maximum speed of 15 kilometers per hour, was developed by a team led by Yang Ming, a professor of the university’s electronic ... ( read original story ...)

Shanghai banking sector assets hit 14.8 trln yuan

Chinese 100 yuan banknotes are seen in a counting machine while a clerk counts them at a bank in Beijing on March 30, 2016. [Photo/Agencies] SHANGHAI - Total assets in Shanghai's banking sector saw steady growth in the first quarter of 2018, according to ... ( read original story ...)

This Bank In China Is Managed And Operated By Robots

China has established a bank in Shanghai where everything is run entirely by robots. The robots greet customers and manage their accounts as well. The bank is named as China Construction Bank (CCB). It is equipped with many smart automated tellers which ... ( read original story ...)

WuXi AppTec raises $902.62 million in Shanghai IPO

China's leading global contract research outsource provider WuXi AppTec, successfully listed on the main board of the Shanghai Stock Exchange on Tuesday, marking the nation's first unicorn enterprise to get initial public offering approval on the A-share ... ( read original story ...)