Biz / Economy

Shanghai aims to ride the waves of the cruise tourism economy

The city expects to handle 25.7 million people on cruises by 2022, according to a report by the Shanghai Academy of Social Sciences.
Biz / Finance

Shanghai Pilot Free Trade Zone issues new preferential policies for foreign financial institutions

The new rules are part of the FTZ's latest effort to further liberalize the economy and widen the opening-up of its financial sector.
Biz / Company

Starbucks opens outlet in China's coffee production base

US coffee giant Starbucks opened its first outlet in Pu'er City, Yunnan Province on Thursday, placing the coffee chain close to China's largest coffee production base.
Biz / Event

Four major procurement alliances formed for import expo to be held in November

The four major purchasing alliances will help  Shanghai trading group make deals with targeted matchmaking for industries.
Biz / Finance

Shanghai shares fall amid worries over rising China-US trade tensions

Lingering worries over the matter cloud investor appetite, and China will take comprehensive action to protect the country's interests.
Biz / Company

UnionPay International eyes upcoming summer travel season

UnionPay International said it aims to ride the upcoming outbound summer travel season, with the number of participating merchants doubling from last year, reaching a new high.
Biz / Tech

Ant Financial to team up in support of small business owners

Ant Financial's online lending affiliate MYBank said it aims to team up with 1,000 financial and technology service providers to cover more grassroots financial demands.
Biz / Company

Fraser Suites, a signature in serviced luxury apartments

Frasers Hospitality Group has introduced its newest location of serviced luxury apartments in Dalian.
Biz / Company

European luxury hotel group thinks Chinese

Kempinski Hotels, Europe's oldest luxury hotel group founded 121 years ago, in conjunction with Beijing Tourism Group developed and launched NUO brand.
Biz / Auto

Volvo opens 1st US plant as CEO worries about tariff threats

Auto manufacturing giant Volvo Cars opened its first North American plant in Charleston on Wednesday, as its CEO expressed concerns over recent US tariff threats.