# Shanghai
Latest news and articles about Shanghai
Total: 23 articles found
Off-Season Rebound: China’s Big-City Second‑Hand Housing Market Warms Ahead of Spring
Second‑hand home sales in China’s four first‑tier cities have warmed in January despite the traditional off‑season, led by Beijing and Shanghai where transactions rose while listings fell. The rebound is concentrated in core districts and school‑district properties and reflects a mix of policy support, reduced asking inventories and recovering buyer confidence, though price recovery remains uneven and fragile.
China Pushes EVs and Rural Consumption While Tightening Auto Data Controls — What It Means for Global Auto Markets
China’s central government has made rural consumption and NEV adoption a policy priority while issuing stricter rules on automotive data leaving the country. Complementary municipal support in Shanghai and robust private financing in autonomy and supply-chain contracts signal expanding demand and deepening domestic capabilities, even as data governance raises compliance costs for foreign firms.
Shanghai to Buy Second‑hand Flats for Affordable Rentals, Pilots in Three Central Districts
Shanghai has begun buying second‑hand flats to convert into guaranteed rental housing for new urban residents, youth and graduates, piloting the scheme in Pudong, Jing’an and Xuhui. Backed by China Construction Bank, the programme aims to speed up delivery of affordable units using existing stock, bolster market liquidity and address urban rental shortages while posing valuation and governance challenges.
Shanghai Bets on AI: Tencent Executive Says the City Has ‘All‑Round’ Advantages for an AI Boom
Tencent vice‑president and Shanghai political adviser Li Qiang says the city has comprehensive advantages in AI — spanning chips, compute, data and talent — and is a welcoming place for AI startups and professionals. Shanghai’s mix of universities, capital markets and corporate R&D positions it to translate research into commercial AI products, even as chip supply constraints and regulatory issues temper prospects.
Shanghai Lawmaker Urges Schools, Platforms and Courts to Close Gaps in AI Education, Data Governance and Credit Repair
At Shanghai's municipal meetings, CPPCC member Tong Lin called for reforms to AI education, platform data governance and credit restoration for bankrupt companies. He proposed a staged AI curriculum with an approved textbook list and education accounts for minors, an industry association to standardise data dispute resolution, and automated court data links to speed credit repair for entrepreneurs.
Shanghai Pushes to Turn ‘Space Compute’ into a Strategic Industry — UCloud CEO Urges Labs, Standards and Cross‑Regional Clusters
Ji Xinhua, chairman of cloud firm UCloud and a Shanghai municipal delegate, has urged the city to fast‑track “space compute” by creating a dedicated funding programme, a national key laboratory, in‑orbit testbeds and industry alliances. His proposals span hardware, software standards for domestic GPUs, an AI‑for‑Science compute pool and regional cooperation to position Shanghai as a hub for a strategically important, fast‑growing sector.
China’s Marriage Registrations Rebound — But Will Babies Follow?
China saw a notable rebound in marriage registrations in 2025 after years of decline, driven by procedural reforms, local cash incentives and expanded leave policies. While the rise eases short‑term demographic anxieties, structural barriers—childcare burdens, career penalties for women and changing social preferences—mean higher marriage rates may not translate into a sustained rise in births without deeper reforms.
Shanghai Moves to Supercharge the Second‑hand Economy with 'Internet+' Push and Tighter Rules
Shanghai has issued guidance to expand its second‑hand goods market by scaling an “Internet+” model, improving trade‑in and registration procedures for cars and electronics, and encouraging third‑party testing and appraisal services. The package aims to boost consumption, formalise trading practices and advance circular‑economy goals, while posing enforcement and data‑privacy challenges.
Shanghai Offers Cash Bonus for Energy‑Efficient Appliance Upgrades to Spur Consumption and Cut Energy Use
Shanghai will subsidise purchases of top‑rated energy and water‑efficient household appliances with a rebate equal to 15% of the sale price, capped at 1,500 yuan per item and available for six categories of products. The move aims to boost consumption, accelerate replacement of inefficient appliances, and support domestic manufacturers while advancing municipal energy‑efficiency goals.
Shanghai Rolls Out Cash Incentives to Push Energy‑Efficient Appliance Upgrades — ¥1,500 Cap Per Item
Shanghai will subsidise purchases of top‑rated energy and water‑efficient household appliances — refrigerators, washing machines, TVs, air conditioners, computers and water heaters — at 15% of the sale price up to ¥1,500 per item. The measure aims to stimulate consumption and accelerate household upgrades while supporting municipal energy‑saving goals, though its impact depends on implementation and recycling capacity.
Shanghai Bets on a ‘Rocket Star City’ in Minhang to Forge a RMB100 billion Commercial Space Hub
Shanghai has announced plans to build a 9.3 km2 commercial-space cluster in Minhang—“Rocket Star City”—aiming to establish a full reusable-rocket industry chain and annual capacities of up to 150 rockets and 500 satellites by 2030, targeting roughly RMB100 billion in industry output. The initiative accelerates China’s push to industrialise commercial space but faces constraints around launch access, regulation and workforce scaling.
Bright Dairy Repackages Itself for 2026: From High‑Protein Yogurt to Museum Tie‑Ins and City‑Exclusive Milk
Bright Dairy launched a broad 2026 strategy in Shanghai that combines product science, cultural branding, upgraded subscription services and experiential tourism. The company is betting that premium, functional dairy products and city‑specific storytelling will deepen consumer loyalty and lift margins as it expands its industry chain control.