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SHANGHAI MUNICIPAL GOVERNMENT
Chinese AI startup StepFun to unwind offshore structure to pave way for IPOShanghai-based StepFun, which develops general-purpose foundation models, has decided an onshore corporate structure would be more appropri...- WeRide receives permit for robotaxis in ShanghaiWeRide, in partnership with Chery Group and Jinjiang Taxi, will deploy fully driverless ride-hailing robotaxis on public roads in the Pudon...
- Toyota to set up wholly owned EV, battery unit in ChinaToyota Motor is set to create a new fully owned subsidiary in Shanghai to develop and manufacture electric vehicles and batteries for Lexus...
- Tencent-backed AI chip startup Enflame raises $2.7 billion from state-linked investors, othersThe deal came as the development of generative AI, boosted by the success of OpenAI's ChatGPT, raises investor interest in companies workin...
- Elon Musk asked to boost investment in Shanghai by China's top party officialShanghai party chief Chen Jining told Elon Musk the city is keen to deepen cooperation with Tesla on electric vehicles and energy storage, ...
- China finds new virus subtype, daily cases top 13,000The new iteration of the virus, isolated from a mild Covid-19 patient in a city less than 70 kilometers (43 miles) from Shanghai, evolves f...
- Tesla's China factory to resume production on Monday with help from Shanghai government amid coronavirus epidemicThe company had warned that it would see a 1-1.5 week delay in production of Model 3 cars.
- View: Should India follow China’s cluster model?Delhi is projected to overtake Tokyo and become the most populous city in the world.
- Tesla moves closer to deal to build cars in ChinaChina levies a 25 percent duty on sales of imported vehicles and has not allowed foreign automakers to establish wholly owned factories in ...
- BRICS bank approves USD 75 mn loan for solar project in ChinaThe loan was given to Shanghai Lingang Distributed Solar Power Project with a maturity length of 17 years under an agreement signed between...
- China, India can join hands to tackle urban pollutionIt is a fact that environmental pollution is a challenge for cities around the globe and that's why major consensus has been reached to sav...
- Tesla Motors picks China over India to set up manufacturing baseShanghai has emerged as the front-runner to become the production base for Tesla in an investment that may be valued at about $9 billion.
- China to launch dark matter probe by 2015-endThe DAMPE will observe the direction, energy and electric charge of high-energy particles in space in search of dark matter.
- China stampede: 32 bodies identified amid public furyMany residents said the number of police was lower than that deployed on National Day because the government had not organised any formal e...
- China to launch world's largest exhibition complex in 2015National Exhibition and Convention Center in Shanghai, expected to be completed in March 2015, is set to host it's first exhibition as a tr...
- India seeks more Chinese investment to bridge trade deficitIndia today sought to increase Chinese investments into the country, to bridge the ballooning USD 35 billion trade deficit.
- Tiananmen type trouble averted in Shanghai: Ex Chinese PMThousands were killed when the Chinese military deployed battle tanks to break the massive anti-government student protests in 1989 at the ...
- China to build Free Trade Zone in ShanghaiChina has announced plans to set up a pilot free trade zone (FTZ) this year in Shanghai's Pudong New Area, the booming city's financial and...
- Bright Food in talks to buy UK's United BiscuitsBright Food Group Co. Ltd., Shanghai's biggest food and dairy company, is in discussions about a possible purchase of the U.K.'s United Bis...
- Ouster of Shanghai 'boss' may derail boomAre Shanghai’s days as the freewheeling, red-tape slashing golden boy of China’s economic boom coming to an end?
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