# Shanghai
Latest news and articles about Shanghai
Total: 42 articles found
On His Way to Play Ping‑Pong, a 72‑Year‑Old Veteran Pulls an Octogenarian from a Shanghai Canal
A 72‑year‑old retired soldier in Jinshan, Shanghai, rescued an octogenarian from a canal while on his way to play ping‑pong by improvising a rope from a discarded bedsheet. The incident highlights elderly vulnerability near waterways and the role of bystander action amid uneven lifesaving infrastructure.
Chinese Second‑hand Housing Market Shows Signs of Stabilising as Owners Stop Selling at a Loss
Since early 2026, China’s second‑hand housing market has shown signs of stabilisation as listings fall and price declines narrow nationwide. Lower mortgage costs and improved rental yields have reduced owners’ incentive to sell at a loss, but the recovery is uneven and depends on spring market behaviour and broader economic conditions.
Inland Rise and Coastal Pause: How Jiangsu and Chongqing Rewrote China’s 2025 Consumption Map
Jiangsu surpassed Guangdong to become China’s largest provincial retail market in 2025, while Chongqing overtook Shanghai as the country’s top retail city. The data show stronger consumption growth in central and western provinces driven by targeted subsidies, tourism and night‑time economy initiatives, while first‑tier cities such as Beijing face structural headwinds.
Apple Goes Live in Shanghai as Siri Upgrade Stumbles: A Global Experience, Minus a Clear Reveal
Apple has scheduled simultaneous, in‑person “Apple experience” events in Shanghai, New York and London for 4 March, emphasizing hands‑on media engagement while offering no livestream or product clues. The company is also grappling with setbacks to a major Siri upgrade, which may push flagship AI features out of the March iOS 26.4 update into later releases.
China’s 70‑City Housing Data: Monthly Drops Narrow but Year‑on‑Year Slump Deepens
January 2026 housing data from China’s National Bureau of Statistics show month‑on‑month price declines across first, second and third‑tier cities have narrowed, but year‑on‑year drops remain substantial, particularly in resale markets. Shanghai bucks the national trend with annual gains in new‑home prices, highlighting persistent city‑level divergence.
Shanghai Drives a Split China Housing Market as Nationwide Prices Continue to Slip
January’s housing data show a market of two halves: Shanghai leads an isolated new‑home price recovery while most cities — particularly second‑ and third‑tier markets — continue to see year‑on‑year price declines. Resale prices are sliding more sharply, underlining ongoing stress for household wealth, developers and municipal revenues.
Shanghai Lawmaker Calls for Citywide AI Governance — From Mandatory Watermarks to a Content‑Safety Detection Hub
A Shanghai deputy and securities technologist, Zhan Tingting, has called for a Shanghai‑specific, citywide AI governance system combining a municipal content‑safety detection centre, mandatory non‑removable digital watermarks for AIGC, new local AI laws including protections for minors, and shared tools to detect AI‑enabled financial manipulation. The proposals aim to balance rapid AI adoption with data security, market integrity and public resilience.
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.