Shanghai ramps up elderly care amid aging population

January 18, 2025

Shanghai is going all out to build a high-quality elderly care system and improve services to ensure its senior residents can live happily and healthily, said Jiang Rui, head of Shanghai Municipal Bureau of Civil Affairs, at a news conference on Jan 17.

Shanghai ramps up urban renewal to boost living quality

January 18, 2025

Shanghai is intensifying efforts to improve living conditions and upgrade urban spaces through a slew of urban renewal initiatives, according to Pei Xiao, deputy director of the Shanghai Municipal Commission of Housing and Urban-Rural Development.

Shanghai's biopharma industry set to exceed 200b yuan output in 2024

January 17, 2025

Shanghai's biopharmaceutical industry, a key driver of the city's economic growth, is projected to exceed 200 billion yuan ($27.28 billion) in output value in 2024.

Shanghai sees strong growth in sci-tech innovation

January 17, 2025

Shanghai witnessed significant progress in science and technology innovation in 2024, with substantial growth in key indicators, according to a news conference held by the Shanghai Municipal Government on Jan 16, 2025.

Shanghai elevates sports events with new certifications

January 17, 2025

Shanghai has recently completed certification for a new set of "Shanghai Sports" brand events, including five upgraded events and seven new ones.

Hero Esports Asian Champions League reveals games, $2m prize pool

January 17, 2025

The Hero Esports Asian Champions League, Asia's first international, multi-title esports tournament hosted by the region's largest esports company Hero Esports based in Shanghai, has recently revealed its first lineup of game titles and a total prize pool of $2 million for this year.

COMAC to invest 10b yuan in R&D

January 17, 2025

The Shanghai-based Commercial Aircraft Corporation of China Ltd intends to invest 10 billion yuan annually in research and development in Shanghai in the upcoming three years, along with another 10 billion yuan annually in fixed asset investments in the city.

Two cruise ships bring over 9,000 domestic, foreign tourists to Shanghai

January 17, 2025

Two cruise ships, the MSC Bellissima and Royal Caribbean's Spectrum of the Seas, returned to the Shanghai Wusongkou International Cruise Terminal on Jan 16, with over 9,000 domestic and foreign tourists arriving in Shanghai through the port.

Shanghai financial industry's added value rises 6.9% to $90b

January 17, 2025

The added value of Shanghai's financial industry jumped 6.9 percent year-on-year to 659.12 billion yuan ($89.9 billion) in the first three quarters of 2024, Zhou Xiaoquan, executive deputy director of Shanghai Municipal Bureau of Finance, said at a news conference on Jan 16.

Shanghai to make itself highland for industrial innovation in AI

January 17, 2025

Shanghai will make continued efforts in 2025 to make itself a highland for industrial innovation in artificial intelligence, Zhang Ying, director of Shanghai Municipal Commission of Economy and Informatization, said at a news conference on Jan 16.