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Shanghai planning US$13 8 billion fund of funds in pursuit of several world-class industry clusters , with eye on AI, biotech and semiconductors

Mainland China’s commercial and financial hub plans to set up a 100 billion yuan (US$13.8 billion) fund of funds focusing on key technology sectors to fire up the local economy.

Shanghai mayor vows to attract even more foreign business after Tesla and Boston Scientific factories to buoy economy

Mayor Gong Zheng said more landmark deals are in the works as Shanghai tries to burnish its image as an international investment magnet.

Shanghai s premium office and retail vacancy rates suggest healthy growth, even if overall vacancies continue to rise

Shanghai s premium office and retail vacancy rates suggest healthy growth, even if overall vacancies continue to rise
scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.

Shanghai s major power generator Shenergy increases coal reserves, completes maintenance ahead of summer heatwave

Shanghai s major power generator Shenergy increases coal reserves, completes maintenance ahead of summer heatwave

The state-owned power generator said it will continue to boost reserves amid forecasts for a surge in electricity demand during the summer The Shanghai Waigaoqiao No 3 Power Generation plant, one of Shenergy's key assets, has stored 200,000 tonnes of coal Shenergy has increased its reserves of coal and conducted thorough maintenance as one of Shanghai's major power producers moves to help avert an energy crunch in the city amid an expected.

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