Shanghai offers up to 10% subsidy for technical upgrades

To ease the financial pressure on enterprises, the city is offering subsidies of up to 10 percent.

K visa launched to attract STEM talent

On Aug 14, China introduced the K visa, marking a new addition to China's visa categories for foreigners. The visa will come into effect on Oct 1.

Shanghai revamps fund rules to boost MNC regional headquarters (2025)

The revised Measures of Shanghai Municipality to Manage the Fund for the Development of Regional Headquarters of Multinational Companies was issued on Aug 27.

Shanghai streamlines large-scale performance approval

Shanghai introduced a "one-stop" reform for approving large-scale commercial performances on Aug 18, aiming to streamline cross-departmental approval processes, reduce paperwork, and shorten approval times.

Lin-gang unveils plan to build global data processing hub

The plan outlines five core tasks and 15 measures to ease cross-border data flows, capture opportunities from global industry shifts, and strengthen digital trade.

From camping to dog walks: New park rules start on Sept 1

Shanghai's updated park rules take effect on Sept 1, making visits safer, more comfortable, and easier to enjoy.

Innovation vouchers boost Shanghai's tech scene

The Shanghai Municipal Commission of Science and Technology, in collaboration with the Shanghai Municipal Bureau of Finance, has revised the management measures for the city's sci-tech innovation vouchers.

Shanghai relaxes purchase, lending to boost property sector

Shanghai on Aug 25 rolled out a series of measures to further stimulate the property sector, including the removal of purchase restrictions on suburban homes.

Shanghai unveils plan to build world-class shipbuilding base on Changxing Island

The plan aims to develop global capabilities in high-end equipment manufacturing, core technology innovation, industrial chain, flagship factories, and a dynamic innovation ecosystem.

Initiative aims to boost Hongqiao Overseas Trade Center

To further enhance functions of the Hongqiao Overseas Trade Center, the Shanghai Hongqiao International CBD Administrative Committee has introduced a series of supportive measures.