Economy

Shanghai unveils industrial digitalization 'lighthouse' applications and investment - China Economy News
Economy

Shanghai unveils industrial digitalization 'lighthouse' applications and investment

By 2025, Shanghai will enhance industrial digitalization with smart factories and digital diagnosis. The blueprint aims to cover 80 percent of large-scale manufacturing citywide.
Over half of China's home appliances sold via online channels: report - China Economy News
Economy

Over half of China's home appliances sold via online channels: report

China's online retail sales of home appliances accounted for 58.2 percent of the total last year amid the country's e-commerce boom, a report showed.
Digital, MNCs find perfect base in Changning - China Economy News
Economy

Digital, MNCs find perfect base in Changning

E-commerce companies and multinational headquarters are booming in downtown Changning District in Shanghai.
Shanghai unveils ambitious plans for cultural and creative industry - China Economy News
Economy

Shanghai unveils ambitious plans for cultural and creative industry

Shanghai will step up efforts in developing new digital cultural and creative products, cultivating new digital cultural and creative business modes and forming a cluster of firms.
Shanghai kicks off 2023 Spring Consumption Season - China Economy News
Economy

Shanghai kicks off 2023 Spring Consumption Season

Shanghai begins its 2023 Spring Consumption Season, with a number of promotions and events across the city. The campaign aims to encourage spending and drive economic growth.
Asia's GDP expected to grow 4.5% in 2023: report - China Economy News
Economy

Asia's GDP expected to grow 4.5% in 2023: report

The weighted real GDP growth rate of Asia in 2023 is estimated to be 4.5 percent, an increase from 4.2 percent in 2022.
Chinese premier calls for global efforts on economic risks, challenges - China Economy News
Economy

Chinese premier calls for global efforts on economic risks, challenges

Chinese Premier Li Qiang met on Monday with attendees at an international development forum, calling on them to reinforce confidence and stabilize expectations.
China extends, improves tax relief policies for businesses - China Economy News
Economy

China extends, improves tax relief policies for businesses

For self-employed individuals under the same condition, their corresponding individual income tax payments will be halved.
Cooperation opportunities abound as top execs visit China again - China Economy News
Economy

Cooperation opportunities abound as top execs visit China again

Global business executives, including Apple chief executive Tim Cook, visited stores and factories, shared visions at a Beijing forum and met with top Chinese government officials.
Put Shanghai's population in the picture - China Economy News
Economy

Put Shanghai's population in the picture

Shanghai's resident population in 2022 was 24,758,900, with 25 percent of the population aged 60 years and above, and a relatively high life expectancy at birth of 83.2 years old.
China's non-financial outbound direct investment surges in Jan-Feb CIIE venue hosts two exhibitions as trade shows back with a bang China's home price uptick points to stabilizing property sector Alibaba restructuring bodes well at the start Alibaba says will split into 6 groups, separate IPOs expected Tesla's Model S and Model X vehicles on shelves in Chinese mainland China's home prices up in February in major cities Apple to host Worldwide Developers Conference in June BYD reports surging net profits in 2022, up 445.86% on year Amazon opens e-commerce training center in east China Super Brand Mall leads way with green certificate SVB loans, deposits sold to First Citizens Bank New York-based Flagstar Bank acquires partial assets of Signature Bridge Bank Projects fuel development of Anhui Province Chinese-branded passenger car sales surge 37.3 pct in February Disney to begin 7,000 job layoffs this week Shanghai firms speed up globalization with new brands, digital services China pilots privately offered funds in property sector China's home prices slightly up in January Baidu cancels Ernie Bot's livestreamed product launch Vitesco electrifies China market with investments, big plans McDonald's promotes sustainable regenerative agriculture Science and innovation entrepreneurs join competition HK financial regulators welcome UBS' acquisition of Credit Suisse UBS to buy Credit Suisse: Swiss government Xi'an showcases tourism in Shanghai, along with potential tourism investment SAIC Motors starts first self-operated shipping route from Ningde to Mexico Amway to invest 600m yuan in its Guangzhou base over 5 years Chinese phone brands eye high-end market with photography and AI features China's home prices continue to ease in December 2022 Shanghai set to construct leading computing network Toshiba says it will 'support' US$15 bn takeover bid Musk, China's BYD deny report on Tesla ending battery supply cooperation China to promote steady recovery of property sector: senior official Shangyu bets on high-quality growth of manufacturing and expects Shanghai a part of it UBS seeks US$6b in govt guarantees for Credit Suisse takeover: source Idea of ESG catching on with enterprises Consumers experience voice command functions in cars prompting improvements Tencent reports rising revenues, net profits in Q4 of 2022 China's NEVs sales surge in February to 439,000 units China allows cities to set lower limit on first-home mortgage rates Epson launches green, digitalized strategies in China
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