Foreign access to value-added telecom services expanded

China's top industry regulator launched a pilot program on Oct 23 aimed at expanding access to value-added telecommunication services for foreign enterprises, with United States-based electric vehicle maker Tesla Inc among the first group of companies participating in the trial.

Lin-gang Special Area unveils new policy to support development of equity investment cluster

The policy aims to fully leverage equity investment in serving the real economy and promoting technological innovation, accelerate the establishment of a comprehensive financial service system for sci-tech enterprises throughout their lifecycle, and drive the integrated development of innovation, industry, capital, and talent chains in the area.

Improved guidelines for Shanghai's international business district

Introducing more foreign investment while facilitating domestic companies' outbound reaches are of equal importance to the development of Shanghai's Hongqiao International Central Business District, according to the set of new guidelines released by the municipal government on Friday.

Shanghai passes green building regulations

The Standing Committee of the 16th Shanghai Municipal People's Congress passed the Shanghai Green Building Regulations on Sept 27, marking a significant step towards sustainable urban development.

Shanghai to further optimize local property policies

Shanghai will further optimize local property policies to better meet people's living demand, including lowering the threshold for non-local buyers, reducing down payment for both first-time and second home purchases, and expanding VAT exemption during home trading.

Green action plan unveiled in Shanghai

Shanghai is advancing toward greener development and high-quality growth, but further efforts are needed in energy supply, institutional arrangements and technological innovation, according to officials and experts.

Shanghai unveils action plan to be leading global fintech hub

Building on previous initiatives released in 2020 and 2021 for the construction of Shanghai as a fintech center, the new action plan outlines 31 specific measures and policies across seven key areas.

Shanghai to expand subsidies for trade-ins of used products

Shanghai has introduced a comprehensive plan to boost economic activity and to support its sustainable development through a series of trade-in programs.

Shanghai unveils plan to enhance urban resilience with sponge city initiatives

The plan outlines a multi-faceted approach involving green infrastructure, water conservancy projects, and technological upgrades to create a more sustainable and resilient urban environment.

China allows foreign owned hospitals in certain areas

China plans to allow wholly-owned foreign hospitals in Beijing, Shanghai and seven other cities or regions, the Ministry of Commerce said on Sunday.