The office vacancy rate in Beijing climbed to 21 per cent in the fourth quarter of last year, from 17.9 per cent in the fourth quarter of 2020 Downward pressure on China's office property market is ... ( read original story ...)
Shanghai unveils measures to reduce operational costs for enterprises
Furthermore, Shanghai aims to reduce energy costs for enterprises based in industrial parks, offering discounts on electricity, natural gas and water usage. The continuation of off-peak electricity ... ( read original story ...)
China: Shanghai’s AI incubation hub drives AI innovation with robust ecosystem and policy support
Shanghai, China - Recent China's first AI incubation hub in Shanghai has become a key driver for the city's thriving AI industry, which surpassed 450 billion yuan (about 62 billion U.S. dollars) in ... ( read original story ...)
China Developers Buy Land at Premiums After Housing Rules Eased
Chinese state-backed developers are starting to buy land at a premium again after the government eased limits on home prices to revive a slumping market that’s been a drag on the economy for more than ... ( read original story ...)
Porsche’s High Prices And Outdated Tech Are Killing Its Sales In China, Could It Happen Here?
Chinese smartphone giant turned automaker Xiaomi proudly announced last week that its SU7 Ultra sedan has lapped the Shanghai International Circuit almost 1.5 seconds faster than the previous record ... ( read original story ...)
Promising Chinese Stocks Worth Watching – February 21st
Duolingo, UP Fintech, Universe Pharmaceuticals, Wynn Resorts, and Diageo are the five Chinese stocks to watch today, according to MarketBeat’s stock screener tool. Chinese stocks refer to shares of ... ( read original story ...)
Shanghai’s global shipping hub ambitions take essential cargo on board
Shanghai is moving full steam ahead with plans to turn itself into an international maritime hub, aided by China's efforts to promote the RMB as a medium of foreign exchange and by new financial ... ( read original story ...)