Expanding multinational companies build more regional headquarters in Shanghai China to expand registration-based IPO system New financial talent training base unveiled in Shanghai China's home prices continue to ease in December 2022 Sony Group appoints new president, raises profit outlook Shanghai extends subsidies for electric car replacements Shell annual profit hits record US$42.3 billion China to promote steady recovery of property sector: senior official BYD expects quadrupled net profit in 2022 Significant international cooperations reached in Shanghai's bonded area Chinese premier stresses enhancing role of finance in stabilizing macroeconomy US Fed hikes rates for first time in new year Chinese bourse turnover exceeds 1 trillion yuan amid New Year rebound China completes major tasks in 3-year SOE reform France and China promote low-carbon development at summit Lexus chief to take over Toyota as founder's grandson steps down China allows cities to set lower limit on first-home mortgage rates Pfizer sees big reversal after reporting record high revenues, earnings in 2022 China's home prices ease in November with fewer cities seeing a decline Musk says China rivals 'work hardest, smartest' Samsung Electronics' Q4 operating profit tumbles on lower chip demand With FTZ plan firmly set, Hangzhou gets ready for First Global Digital Trade Expo China's tax and fee cuts, refunds, deferrals exceed 4 trillion yuan in 2022 China's central bank continues to add liquidity via reverse repos China to extend three structural monetary policy tools IMF projects China's economic growth to reach 5.2% in 2023 More theme parks and activities planned for Gen-Z Tesla reports record profits, confirms long-term outlook Six major Chinese state banks sign agreements to boost real-estate market Boeing to deliver last 747, the plane that democratized flying Three of China's biggest banks to provide support for property developers Chinese luxury electric car brand Voyah makes debut in Israel Unilever names Dutch dairy boss Schumacher as new CEO ESG and sustainability take focus in China development goals China's manufacturing PMI expands in January China's open borders and push to stoke economy may revive dealmaking, advisers say River cruise operators launch packages for Chinese tourists RMB remains 5th most active currency by value in December Mexico presents products of Jalisco at 5th CIIE Philips cuts 6,000 more jobs after sleep device recall China's high-end passenger car sales up 11.1 pct in 2022 Policies of buying a home in Lingang further optimized for non-locals