Shanghai FTZ Entrepreneurial Base for Overseas Professionals opened its first overseas service station in Be'er Sheva, Israel, recently. Be'er Sheva is the "cyber capital" of Israel and the global center of cyber security technology. The service station aims to promote China-Israel cooperation by pooling their talent and innovation resources. The FTZ Entrepreneurial Base has signed contracts for...Read more
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Shanghai's Pudong New Area announced the inauguration of a data engineering center and BIM & 3DGIS public service platform on July 5, marking the latest achievements of the area's smart city construction. The integration of BIM, or Building Information Modeling, and 3DGIS, or 3D geographic information system, will greatly contribute to smart city construction. Backed by Pudong...Read more
Shanghai Pilot Free Trade Zone will implement the Trade Adjustment Assistance program on a trial basis from July 15. The TAA program was first introduced in 1962 to reduce the damaging impact of imports felt by certain sectors of the US economy. It was then adopted by the EU, Japan, South Korea and other economies, officials...Read more
SHANGHAI will accelerate opening up in financial services to build an international financial center and serve the Belt and Road initiative, authorities told the Lujiazui Forum on Tuesday. Zhou Xiaochuan, governor of the People’s Bank of China, said the Cross-border Interbank Payment System will soon be launched in Shanghai to help internationalization of the yuan and...Read more
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