Nearly 3 million restaurants, cafes, and other food service establishments in China have closed in the past year, according to Radio Free Asia (RFA). A significant number of these closures have been due to bankruptcies,

More than half of the American businesses in China, the highest level in five years, say they are concerned about a further deterioration in the bilateral relationship between the world's two largest economies,

Shanghai has announced plans to issue another round of consumption vouchers, as the Chinese metropolis tries to reverse a downturn in consumer spending. The city of 25 million people disclosed on Thursday that retail sales had fallen 3.

China's Pudong District opens a humanoid robot training base, training 100 robots now with a goal of 1,000 by 2027, enhancing applications in manufacturing and services. View on euronews

Shanghai launches China's first humanoid robot training base, aiming to train 1,000 robots simultaneously by 2027 for widespread commercialization.

Chinese aircraft carrier CNS Fujian returned to a dry dock at Jiangnan Shipyard in Shanghai from a sea trial on January 7.

China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales expected to remain flat this year, consultancy Bain and Company said at the launch of its latest 'China Luxury Report' on Tuesday.

Zhang Runbin, a member of the Shanghai Municipal Committee of the CPPCC, said that the rule of law will lead to the best business environment. It is thus necessary to further strengthen the protection of the property rights of private enterprises and entrepreneurs' legitimate rights and interests.

Apart from the COVID-19 pandemic factor, another driving force behind the exodus might be their smaller pay packages.

SHANGHAI -- Shanghai recorded over 6.7 million inbound tourist trips in 2024, an 84 percent increase from the previous year, partly thanks to the country's loosening visa policies, local tourism authorities said Thursday.

On Thursday the mayors of Athens and Shanghai signed an agreement for the twinning of the two cities, signaling closer cooperation.

With a long-standing commitment to addressing the most crucial and practical issues faced by the public, Shanghai has already successfully implemented over 1,100 livelihood projects since 1986. The positive outcomes of these initiatives have garnered favorable feedback from the city's residents.