Shanghai Select

Shanghai is on a brand-building campaign to enhance its profile globally. This ongoing series focuses on city industry and economic news related to the elevation of the city’s reputation in four target areas – services, manufacturing, shopping and culture.
Shanghai is on a brand-building campaign to enhance its profile globally. This ongoing series focuses on city industry and economic news related to the elevation of the city’s reputation in four target areas – services, manufacturing, shopping and culture.
Shanghai's GDP rose by 6 percent in 2019 - China Economy News
Economy

Shanghai's GDP rose by 6 percent in 2019

The services sector led Shanghai's economic growth last year, according to data from the city statistics bureau, while the disposable income of its residents was up by 8.2 percent.
Once dingy wet markets clean up their act to woo back customers - China Economy News
Economy

Once dingy wet markets clean up their act to woo back customers

Wet markets have come under threat from online markets that deliver fresh food to the door. To survive, they have had to adopt to changing times. 
Specialized parks aim high to promote new ideas - China Economy News
Economy

Specialized parks aim high to promote new ideas

Though it is small compared with other industrial parks in Shanghai, Zhangjiang AIsland has big ambitions.
Shall we dance? Tesla in tune with city policies - China Economy News
Economy

Shall we dance? Tesla in tune with city policies

Tesla's story is testament to Shanghai's relentless pursuit of a better business environment and to China's determination to accelerate the opening of its markets to foreigners.
Advice for businesses: Don't stay stationary - China Economy News
Economy

Advice for businesses: Don't stay stationary

A single-window service for trade management is set up by Shanghai Customs to allow goods declaration to be handled online for seamless transportation of imports and exports.
Foreign insurer sets up base in Shanghai - China Finance News
Finance

Foreign insurer sets up base in Shanghai

Allianz SE chairman and CEO says at the official opening ceremony that the launch of the new firm underlines the positive long-term cooperation existing between China and Germany,
Tesla delivers first China-made Model 3s to general customers - China Auto News
Auto

Tesla delivers first China-made Model 3s to general customers

The electric carmaker has delivered its first locally produced Model 3s to buyers. At a ceremony, the company also announced that it will start making its Model Y in Shanghai.
Startup plies niche market in foreign trade payments - China Tech News
Tech

Startup plies niche market in foreign trade payments

Banks are caught in a dilemma. They are waking up to the fact that they have snubbed a legion of "long-tail" customers whose business they now need.
Billions spent on New Year's Day - China Economy News
Economy

Billions spent on New Year's Day

Tourists make up almost 30 percent of money spent in Shanghai though the total was slightly down on the previous year because it was just a one-day holiday.
Shanghai upgrades business environment plan - China Economy News
Economy

Shanghai upgrades business environment plan

City government says it will make further efforts this year to comprehensively optimize the business environment as it announces the latest version of its development plan. 
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