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Business

New electric carmaker launched

Zhiji Motor, a high-end smart electric carmaker, was launched by SAIC Motor, the Pudong New Area and Alibaba Group in Shanghai yesterday....

Hu Yumo | November 27, 2020, Friday

Report offers tips on tech innovation

Automakers must take user-related factors into account when carrying out technological innovation, according to an industry study released by JD Power China yesterday....

Xiao Hu | November 27, 2020, Friday

Tesla plans charging pole plant in Shanghai

United States electric carmaker Tesla says it is to invest 42 million yuan (US$6.42 million) to set up a plant for the production, research and development of charging poles in Shanghai....

Anna Hu | November 27, 2020, Friday

Fast growth in software, digital trade

Shanghai’s software and digital trade has shown great potential for development, with imports and exports of computer and information services as well as the digital trade based on software information...

Huang Yixuan | November 27, 2020, Friday

Stocks end mixed amid turnover fall

Chinese stocks closed mixed yesterday.At the close, the benchmark Shanghai Composite Index edged up 0.22 percent to 3,369.73 points....

Yuan Luhang | November 27, 2020, Friday

Auto cluster aims for further upgrades

Shanghai has a good foundation and advantages in terms of the development of the automobile industry and will further improve its innovation and technology level in this sector....

Hu Yumo | November 27, 2020, Friday

Cheers to investing in best Moutai

As luxury spending rebounds in China, consumers with money to burn have a new habit beyond fancy bags and watches: a taste for collector editions of fiery domestic liquor Moutai, not to drink but to hold...

November 26, 2020, Thursday

France set to impose 2020 ‘digital tax’

France will require online technology giants to pay a new “digital tax” on their 2020 earnings, the finance ministry said yesterday, despite Washington’s warning that it could retaliate with new tariffs...

November 26, 2020, Thursday

Regulator targets OTA technology

China is to enhance supervision of Over-The-Air technology in the automobile industry to ensure user safety, the State Administration for Market Regulation said yesterday....

Hu Yumo | November 26, 2020, Thursday

NEV share slump drags down index

China stocks closed lower yesterday, dragged down by electric vehicle shares....

Yuan Luhang | November 26, 2020, Thursday

Private Chinese firms soar in Hurun rankings

PRIVATE Chinese enterprises proved to be resilient with the combined market value of the top 500 companies rising 55 percent from a year ago, according to the latest ranking by Hurun Research released ...

Ding Yining | November 26, 2020, Thursday

Xuhui offers business-friendly environment

Xuhui District has fully undertaken the spillover effects of the third China International Import Expo and created a high-quality investment environment for foreign enterprises....

Hu Yumo | November 26, 2020, Thursday

Bitcoin soars to near all-time high

Bitcoin homed in on its all-time high yesterday after hitting US$19,000 for the first time in nearly three years....

November 25, 2020, Wednesday

Provisional EU nod for 737 MAX

European regulators gave draft approval to Boeing’s 737 MAX yesterday, paving the way for a formal flight clearance in January after an almost two-year ban caused by fatal crashes....

November 25, 2020, Wednesday

Suzhou’s continued rise brings it closer to Shanghai

The gross domestic product of Suzhou increased 2.4 percent in the first three quarters this year despite the COVID-19 pandemic, 1.7 percentage points higher than the country’s average of 0.7 percent....

November 25, 2020, Wednesday

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