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Two more banks to open capital operation centers in Shanghai

2021-07-01

The China Guangfa Bank and Hengfeng Bank have recently been approved by the China Banking and Insurance Regulatory Commission to set up their capital operation centers in East China's Shanghai.
Pudong receives major legislation boost to reform and opening-up

2021-06-24

The Standing Committee of the Shanghai Municipal People's Congress on Wednesday passed a decision that the city's congress and its standing committee will be able to create laws specific to Pudong New Area as part of efforts to promote high-level reform and opening-up of the district.
BlackRock further expands presence in Pudong

2021-06-24

BlackRock, the world's largest asset management firm headquartered in New York, has been increasing its investment in China's financial sector and expanding its business in the country, especially in Shanghai's Pudong New Area.
First day sees 4,475 lots of crude options traded

2021-06-23

Crude oil options were introduced at the Shanghai International Energy Exchange on Monday, and 4,475 lots of crude oil options worth about 50.7 million yuan ($7.8 million) were traded.
Cars sail out of Shanghai every day

2021-06-23

At Haitong International Automotive Terminal in Shanghai's Waigaoqiao Port Area, thousands of cars are parked up in lines after inspection, waiting to be shipped around the world.
Pudong New Area customs streamlines foreign trade procedures

2021-06-21

The customs office in Pudong New Area in East China's Shanghai has been working to improve its services for local foreign trade companies, especially since China's new customs law came into effect.
Officials, envoys hail role of Shanghai in opening-up

2021-06-18

Zheng Haiao, deputy director of the Policy Research Bureau at the Management Committee of China (Shanghai) Pilot Free Trade Zone, described his job as something like a "woodpecker".
Shanghai sees foreign trade jump 18.8% to $239b

2021-06-17

Shanghai saw its total import and export value surge by 18.8 percent year-on-year to 1.54 trillion yuan ($239.8 billion) in the first five months of the year, Shanghai Customs District said on Thursday.

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