Economics

On July 1st, the summer transportation officially started. According to the railway department's forecast, the Yangtze River Delta railway is expected to send more than 150 million passengers this summer, more than 10 million more than the same period in 2019, an increase of more than 7%, and will set a new historical high. Starting from that day, the Yangtze River Delta Railway will implement a new train schedule, adding 9 pairs of direct passenger trains from the Yangtze River Delta to Beijing, Henan, Jiangxi, Shandong, Gansu, and other areas. Multiple managed passenger trains will also be added between major cities in the Yangtze River Delta region. According to the railway department, this year's railway summer passenger transportation period starts from July 1st and ends on August 31st, totaling 62 days. During this period, the passenger flow of the Yangtze River Delta railway is expected to exhibit six characteristics: firstly, the overall passenger flow shows a "smile" curve of "high at both ends and low in the middle"; The second is the passenger flow, which includes tourism and family visits

On June 29th, an immersive ideological and political class integrating various methods such as situational dramas, TED speeches, and youth thinking began at the Poly City Theater in Minhang.The theme of the event is "Concentrate, Cast Soul, Gather Strength, Practically Work, Promote Taxation and Take on Courageous Responsibility", focusing on the development process of tax work, guiding party members and cadres to draw spiritual strength from the theme education, and transforming what they have learned and gained into new impetus, new measures, and new achievements to promote high-quality development of taxation and entrepreneurship.

Recently, BASF Shanghai Innovation Park Phase III project was officially completed, which includes two newly built R&D buildings. Since 2012, BASF's total investment in the Shanghai Innovation Park has reached approximately 280 million euros. Ma Lanli, Executive Board Member and Chief Technology Officer of BASF Group, said, "By expanding BASF Shanghai Innovation Park, we can respond more quickly to the growing demand in China and even the Asia Pacific market." BASF is one of the world's largest chemical companies, which entered the Chinese market in 1885. Currently, Greater China is BASF's second largest market globally, second only to the United States. The Shanghai Innovation Park was opened in 2012 and is BASF's largest research and development base in the Asia Pacific region. In 2015 and 2019, BASF Shanghai Innovation Park completed two expansions, further strengthening its role

High quality development=low-speed development? The Chinese economy has shifted from high-speed growth to high-quality development. Some people believe that since it is high-quality development, speed is no longer important and can be slowed down, even without further mention. In their eyes, quality and speed are an irreconcilable contradiction. Undoubtedly, entering the stage of high-quality development and building a modern economic system, we must adhere to the principle of quality first; Indeed, the core of high-quality development is not speed. However, reasonable growth is still a goal worth pursuing. This is determined by our vision of struggle.There is no standard definition of "moderately developed countries" internationally. Integrated World Silver

The Shanghai Hongqiao EMU Application Institute is no longer just a "4S repair shop" for EMUs, but also serves as a party class classroom, telling the development process of Chinese EMUs from introduction to leading the world; The Y701 train from Shanghai West to Jiaxing is not only a tourist train, but also a red party lesson is presented in the carriage... As July 1st approaches, the Party Committee of China Railway Shanghai Group Co., Ltd. has launched a "retrace the main road, bravely act as the 'locomotive'" party lesson. "102 years ago in the summer, the First National Congress of the Communist Party of China was attacked by patrols from the French Concession in Shanghai. Thirteen representatives were urgently transferred by train to a small boat on Nanhu Lake in Jiaxing, where they completed all the agenda of the congress..." On the Y701 train, lecturer Fan Jiaolu told the students about that thrilling history. Old tickets for South Lake cruise ships in the 1930s and Shanghai old tickets

As of the end of 2022, Shanghai has included 670 types of parks under the management of the urban and rural park directory, including 438 urban parks, 172 pocket parks, 59 rural parks, and 1 theme park. By the end of 2025, Shanghai will add more than 600 new parks through construction or renovation, bringing the total number of parks to over 1000. How can the landscaping industry assist Shanghai in building a "park city"? How can we contribute to the implementation of the "dual carbon" goals? At the 19th China International Landscape Industry Trade Expo, which opened on June 29th, many enterprises were eager to give it a try and rubbed their hands together. Walking around the park without leaving home, wearing a virtual reality headset display device, the Mianqing Park, built and opened earlier this year, will come into view. With the control handle, you can stroll around the park

On June 30th, the Shanghai project of the National Bulk Commodity Warehouse Receipt Registration Center was officially launched and put into operation, marking a new stage in the construction of the full warehouse registration project and better serving the construction of the unified national market. The project is jointly constructed by the Pudong New Area Government in conjunction with the China Free Trade Zone Management Committee, Lingang New Area Management Committee, Shanghai Local Financial Supervision Bureau, Shanghai Municipal Commission of Commerce, Shanghai Customs, Shanghai Futures Exchange, and Shanghai Commodity Warehouse Receipt Registration Co., Ltd. The aim is to create a digital commodity warehouse receipt registration and publicity system, achieving unified registration, digital supervision, integration of futures and cash, and industry finance interoperability for commodities. This is also another important progress after the pilot launch of low sulfur fuel oil and No. 20 rubber varieties in the Zhejiang Free Trade Zone and Qingdao Free Trade Zone in the early stage. The registered varieties for the Shanghai project are

At the 11th China Vehicle Thermal Management Technology Annual Conference held from June 29th to 30th, Li Jiang, President of the China Refrigeration and Air Conditioning Industry Association, stated that currently, China's new energy vehicles have entered a period of full market expansion, and the application scope of automotive thermal management has also been greatly expanded. Efficient, energy-saving, green, and low-carbon thermal management technology has become a focus of industrial research. The popularity of the automotive thermal management industry in the past two years is a microcosm of the transformation in the automotive parts industry. The thermal management system was originally an essential technical means for improving energy efficiency in automobiles. On fuel powered vehicles, the main function of the thermal management system is to control the car's air conditioning and coordinate various components such as the engine, gearbox, motor, etc. to maintain a suitable working temperature range. But in the era of electric vehicles, the engine system of cars has changed, and the thermal management system must also follow suit

Recently, a special dispute over a financial loan contract worth over 100 million yuan was successfully resolved at the Shanghai Banking and Insurance Dispute Mediation Center. The uniqueness of this case lies in the fact that the parties and the mediation center are located in Beijing, Heilongjiang, and Shanghai, making communication and coordination difficult if traditional on-site mediation methods are used. But through the Shanghai Banking and Insurance Dispute Mediation Center's "one-stop dispute mediation platform", mediation is convenient and fast, and parties can solve problems in a timely manner no matter where they are. After logging in to the mediation platform online, the mediator and the parties realized online "face-to-face" mediation through remote video conference, greatly reducing the time cost and transportation expenses of the parties. This online mediation platform has also been successfully connected to the Shanghai Financial Court's online platform for resolving financial disputes, and third-party officials can also access the online mediation platform

Today, the 3-day 2023 Shanghai World Mobile Communication Conference has come to an end. Affected by the epidemic, MWC Shanghai ceased operations in 2020 and 2022, and reduced its scale in 2021. This year marks the first time since 2019 that MWC Shanghai has fully returned to offline hosting. In 2019, China officially issued a 5G commercial license. Four years later, how is China's 5G network built and used? This conference has become a sample for observing the development of 5G in China. Over the past four years from 5G to 5.5G, the achievements of China's 5G network construction have become one of the most concerning issues for many attendees. At the 5G Development and Innovation Forum, Wang Zhiqin, Vice President of the China Academy of Information and Communications Technology, stated that as of May this year, the total number of 5G base stations in China has reached 2.844 million, accounting for a significant portion of China's total

With the opening of more direct flights from China to New Zealand, starting from mid to late July, New Zealand fresh milk from the world's recognized "golden milk source" New Zealand will continuously "fly" to China on a frequency of 3 to 4 flights per week. "On the first day of milking, the second day of flying, and the third day of arriving at Chinese consumer dining tables, New Zealand's supply capacity of '72 hour imported fresh milk' is expected to return to pre pandemic levels by the end of this year," said Sheng Wenhao, CEO of New Zealand's Asia Pacific region. On June 30th, a partnership and product launch event for New Zealand was held in Shanghai. More than 10 New Zealand companies signed a series of cooperation agreements with their respective Chinese partners, covering areas such as dairy products, meat, fruits, pet food, maternal and child health, personal care, and sustainable environmental development. New Zealand 4

The Ministry of Natural Resources and the Shanghai Municipal People's Government have further expanded the scope and depth of cooperation, and coordinated the formation of a series of urban planning activities in Shanghai. The Shanghai Municipal Government's press conference revealed today that related activities such as the 2023 Shanghai Urban Space Art Season, Urban Design Challenge, and Metropolitan Planning Expert Consultation are about to kick off. The Urban Space Art Season will set up 20 exhibition areas throughout the city, with a focus on a series of urban planning activities. Wang Weiren, Deputy Secretary General of the Shanghai Municipal Government, introduced that the city space art season was held to showcase the Chinese path to modernization model of Shanghai; Holding an urban design challenge to integrate innovation and support high-quality development and construction in the region, enhancing the brand value of Shanghai as the "City of Design"; Holding a consultation meeting with experts in urban planning, with the aim of benchmarking against the highest standards and best levels, and creating a high level with an international perspective

About 12000 satellites were launched into low Earth orbit, forming a space "star chain", thus providing high-speed Internet services to users around the world, supporting streaming media, online games, video calls and other services. The maximum download speed has reached 301 megabytes per second. Tesla CEO Musk's "Star Chain" plan is actually quietly being laid out in Shanghai. The Shanghai World Mobile Communications Conference, also known as "MWC Shanghai", is currently underway. The reporter learned from the "Digital Shanghai" exhibition at the conference and the accompanying "New Infrastructure Leading the New Future of Digital Industry" forum that although sea and fiber optic cables currently account for more than 90% of international communication, Shanghai is looking ahead and accelerating the construction of a new intelligent network that integrates land, sea, air, and space development. If you want to build a house, first cure its foundation. Tang Wenkan, Deputy Director of the Municipal Commission of Economy and Information Technology, introduced at the forum that this year

In my impression, Huangpu District is the Bund Suzhou River and the century old Nanjing Road, with historical buildings and commercial activities being its best representatives. However, in recent years, as the trend of technology returning to the city continues to strengthen, a number of new science and technology innovation centers, such as Silicon Lane and Shanghai Style Smart Valley, are becoming new business cards of Huangpu District, highlighting the science and innovation vitality of Shanghai center's central urban area. Shanghai is building a technology innovation center with global influence, and fundamentally, the development of science and technology innovation is the driving force for high-quality economic development and transformation. On June 29th, the reporter visited two high-tech enterprises in Huangpu District for science and technology innovation services. Their incubation experiences may provide new ideas for technological innovation in super large cities. "The future competition is the competition of data," said Hu Junqing, Chairman and CEO of British Software, as he delved into the subdivision track. In 2011, Hu Junqing won

Recently, the Shanghai Banking Association formulated and released the Self Discipline Convention on Creating a Sustainable Credit Market Environment for the Shanghai Banking Industry. The Self Discipline Convention emphasizes that member units should adhere to the general principle of seeking progress while maintaining stability, operate in accordance with the law and regulations, based on changes in the interest rate market and the strategic positioning of the bank, adhere to the principle of deposit to loan, play the guiding role of LPR in loan interest rates, and reasonably determine the pricing level of interest rates. Interest rates should not be used as a single means to attract customers, while balancing the social responsibility and commercial sustainability of banking institutions, and maintaining the bottom line of avoiding systemic risks. The scope of application of the Self Discipline Convention refers to all member units of the guild engaged in credit business, in other words, basically all banks in Shanghai. So, what is the significance of Shanghai's banking industry's move? The era of interest rate acquisition has passed, in fact, relying on lowering

A certain citizen moved and entrusted someone to handle broadband relocation services at the telecommunications business hall. When the principal brought broadband equipment from their old address to the business hall, but did not bring the broadband household owner's ID card and only brought their own identification as the principal, they had to run back again to collect the full identification document as usual. Now, the salesperson will tell the citizens: there is no need to run anymore, nor do they need to bring the device terminals. They can directly handle the relocation online. After the submission is completed, the citizens can wait for the telephone contact of the telecommunications engineering personnel to install the new address. At the same time, Shanghai Telecom can also apply for the coexistence of two broadband addresses for the convenience of citizens to handle business. Starting from July 1st this year, Shanghai Telecom has launched a service commitment of "online all-around service, with a maximum of one run". Citizens can use the "China Telecom" APP, WeChat official account, "Shanghai Telecom" and "China Telecom

What is fashion? The explanation of "Cihai" is "a phenomenon of the spread of external behavior patterns.". Whether it can become fashion depends on whether it meets people's aesthetic preferences and whether it can be used to express a love and appreciation for beauty. This month, on the beach of Qinhuangdao, Hebei, five gorgeous and wild style touring cars ignited the hot summer night. People gathered on both sides, exchanging up close with artists singing and dancing in the cars. These installation artworks created by the contemporary artist Ma Liang's team specifically for the Anaya Theatre Festival actually use a large amount of household waste, which was completed in Shanghai and sent to various parts of the country for display. As the implementation of the Shanghai Municipal Regulations on the Management of Domestic Waste approaches its fourth year, the widespread popularity of these touring vehicles is a strong evidence that garbage classification is considered a new trend and integrated into people's lives. The eighth thing to do when opening the door, garbage sorting

5G is on the rise and 6G is coming. 2023MWC Shanghai World Mobile Communications Conference is being held. As the next generation communication technology of 5G, 6G has become a hot word. Public information shows that compared with 5G, the transmission capacity of 6G can be increased by 100 times, and the network delay may also be reduced from milliseconds to microseconds. Second, the 6G network will be a fully connected world that integrates terrestrial wireless and satellite communications. Achieve seamless global coverage by integrating satellite communications into 6G mobile communications. In addition, 6G will use the terahertz frequency band, which is a much higher frequency band than 5G. This means that the "densification" of 6G networks will reach an unprecedented level. By then, people will be surrounded by small base stations. Reporters learned from the 2023MWC conference that the domestic three

You can also take public transportation throughout the city by swiping your social security card, and the functions of your Shanghai social security card will be further upgraded. The reporter learned today that starting from June 30th, Shanghai will issue social security cards with transportation functions. Holders can take public transportation such as buses, subways, and ferries throughout the city, and support their use in other cities across the country that have opened the transportation joint one card function. On December 3rd last year, Shanghai achieved "one code access" for buses, subways, and ferries. The Municipal Transportation Commission introduced that the upcoming social security card with transportation functions has more transformative significance. It has been completed with strong support from the Municipal Development and Reform Commission, Municipal Public Security Bureau, Municipal Social Security Card Center, as well as Shentong Group and Jiushi Group. The scope of travel use is consistent with the joint card of the Ministry of Transport's connectivity standards. The social security card with new features is the same as a regular transportation card, and can be used on Shanghai buses, subways, taxis, and more

In the middle of 2023, global IPO activity continued to slow down in the first half of the year, while the-share market showed relative activity. According to the "Mainland China and Hong Kong IPO Market" report released by Ernst & Young on June 29, Mainland China is still an important region for global IPO activities, with the number of IPOs and the amount of funds raised accounting for 28% and 50% of the world's total respectively. Among them, the top two global IPO funds are from the Chinese mainland market, namely the Shanghai Stock Exchange and the Shenzhen Stock Exchange. In the world's top ten IPOs, Chinese companies occupy 5 seats, and the industries involved are technology, energy and power, retail and consumer goods. In the first half of 2023, a total of 173 companies are expected to go public in the-share market, raising 210.4 billion RMB, and the number of IPOs increased by 2% year-on-year. But the amount of funds raised is lower than the same period last year.

The Lupu Bridge, the sixth bridge on the Huangpu River in Shanghai and known as the "world's largest arch," has recently completed its first structural repair since its construction. Since 2015, Shanghai's urban bridges have entered a peak maintenance period, with several iconic bridges undergoing maintenance and renovation, including Zhejiang Road Bridge, Nanpu Bridge, Yangpu Bridge, Songpu Bridge, etc. Why did the Lupu Bridge, which is younger than them, start "strengthening and keeping fit" early on? The Jiefang Daily Shangguan News reporter learned that after this maintenance, the Lupu Bridge still needs to consider upgrading, reflecting the new concept of urban municipal facility operation. How long can disease removal last? June 28th is the 20th anniversary of the opening and operation of the Lupu Bridge. Why did a young bridge who had just turned 20 start maintenance work early? The design period of the main structure of Lupu Bridge is 1 year

Recently, the first unmanned intelligent general aviation refueling service station in China has been put into use at Shanghai Gaodong Heliport, marking a new level of supply guarantee for general aviation aviation fuel in China. According to the East China Civil Aviation Administration, in recent years, China's general aviation has entered a period of rapid development. Due to the characteristics of general airports and aviation customers being scattered, small, and far away, the supply of aviation fuel for general aviation is facing many challenges. For example, Shanghai Gaodong Heliport is currently operated by the East China Sea First Rescue Flight Team of the Ministry of Transport, mainly responsible for carrying out search and rescue tasks for ships, aircraft, fixed facilities, etc. in distress at sea, and shoulders the important mission of the "last line of defense" for maritime life and property rescue. Due to frequent emergency rescue missions, irregular flights of aircraft throughout the sky, and tight fuel supply requirements, this airport has brought great challenges to aviation fuel safety assurance

The peak of summer travel is approaching, and regions such as Xinjiang and Gansu are popular tourist destinations. On June 29th, the reporter learned from Spring Airlines that starting from July 15th, a new 9C7307/8 round-trip route from Lanzhou to Fuyun will be opened. The flight schedule of this route is every Tuesday, Thursday, and Saturday, and it is currently available for sale, starting at a minimum of 409 yuan. Depart from Shanghai, transfer through Lanzhou, and arrive at Fuyun. It is reported that as early as March 2009, Spring Airlines launched its first flight from Shanghai to Lanzhou and established its Lanzhou base in 2019. At present, Spring Airlines' routes in Lanzhou cover East China, North China, Northwest, Southwest, Central South, etc. The scale of Spring Airlines' Lanzhou base has become the second largest base after Shanghai. This summer, the star destinations for Spring and Autumn Airlines' "Jinglan Fei" products are also Zhangye, Yining, Kashgar, and Kela

Do you know the Classic of Mountains and Seas? This encyclopedia of ancient social life, which was written from the Warring States period to the early Han Dynasty and is known as one of the three wonders of ancient times along with the Book of Changes and the Yellow Emperor's Inner Canon, is both extensive and profound, as well as obscure and difficult to understand. Today, well-known stories such as Kua Fu chasing the sun, N ü wa repairing the sky, Hou Yi shooting for nine days, and Da Yu controlling floods all come from the Shan Hai Jing. In order to help people better understand this traditional Chinese work and promote the creative transformation and innovative development of excellent traditional Chinese culture, a large-scale immersive art exhibition called "Exploring the Classic of Mountains and Seas", which utilizes technology, cultural and creative elements to create immersive cultural and tourism new consumption content, opened on June 28th in Shanghai and will continue until the end of October. Since ancient times, the Classic of Mountains and Seas has been regarded as a masterpiece. It includes history, mythology, religion, astronomy, geography, folklore, ethnicity, and objects

At 13:00 today, the temperature in Shanghai has reached 35.9 ℃, which is so hot that it doesn't seem like it's in the rainy season. As of the time of publication, the high temperature yellow warning is being maintained. Do you feel unbearable heat? The good news is that the fever in Shencheng is about to subside. The Shanghai Meteorological Bureau issued a warning this afternoon that strong convective weather is expected to hit Shanghai starting from the afternoon. Affected by the southward pressure of the Meiyu belt, there will be a strong convective weather process in Shencheng today and tomorrow, accompanied by lightning, thunderstorms, strong winds, and local hail. In terms of precipitation, there will be a strong convective weather process from this afternoon to tomorrow during the day, accompanied by lightning, thunderstorms, strong winds, and local hail. Uneven distribution of rainfall during the process. Accumulated rainfall is 30 to 50 millimeters, locally 80 to 120 millimeters, and the maximum hourly rainfall intensity is 50 to 70 millimeters. In terms of strong winds, it is expected to be affected by convective clouds from this afternoon to midnight

This year is the sixth consecutive year that Shanghai has hosted the World Artificial Intelligence Conference. The 2023 World Artificial Intelligence Conference will be held from July 6th to 8th at the Shanghai World Expo Center and the World Expo Exhibition Hall, with sub venues set up on the west bank of Zhangjiang and Xuhui in Pudong, and simultaneous activities held in industrial clusters such as Minhang. Today at a press conference of the Shanghai Municipal Government, it was revealed that the preparations for the conference have entered the final sprint stage. Wu Jincheng, Director of the Municipal Commission of Economy and Information Technology, introduced that the theme of this conference is "Smart World, Generating the Future". The overall structure of the conference activities is set according to "1+1+2+10+N", including 1 opening ceremony, 1 closing ceremony, 2 plenary meetings on scientific and technological innovation and industrial development, 10 themed forums, and N ecological forums. The conference will fully leverage "technology indicators, application display platforms, industry accelerators,"

Today, the international cruise brand Royal Caribbean announced that the ultra large luxury international cruise ship "Ocean Spectrum", specially designed for Chinese vacationers, will return to China in April 2024. It will operate 48 cruise vacation routes ranging from 4 to 7 days to Tokyo, Osaka, Kobe, Fukuoka, Kumamoto, Nagasaki, Kagoshima, Okinawa, and other places. The relevant route tickets will be available simultaneously from now on. Royal Caribbean is the first international cruise ship leading enterprise to announce its return to the Chinese market after the national transportation authority released the pilot plan for international cruise ship resumption and the Shanghai Municipal Government adopted a three-year action plan to promote high-quality development of the cruise economy. The "Ocean Spectrum", built at a cost of nearly 1.25 billion US dollars, has a total weight of 168000 tons, a length of 348 meters and a width of 41 meters. It has a total of 16 passenger decks and 2137 guest rooms, with a maximum capacity of 5622

On June 28, 2023, the Joint Conference of Trade Unions to Promote the High Quality Integration Development of the Yangtze River Delta was held in Shanghai. At the meeting, 40 people were named as the first "Great Craftsmen of the Yangtze River Delta", and 10 craftsmen from Shanghai were selected. Previously, under the guidance of the All China Federation of Trade Unions, the Federation of Trade Unions in Shanghai, Jiangsu, Zhejiang, and Anhui provinces and cities passed the "Plan for the First" Yangtze River Delta Craftsman "Tree Selection and Naming Activity" at the September 2022 Joint Conference of Trade Unions to Promote the High quality Integrated Development of the Yangtze River Delta. It was decided to select 40 trees for the first "Yangtze River Delta Craftsman" and reached a consensus to jointly carry out the "Yangtze River Delta Craftsman" Tree Selection and Naming Activity every two years. In October 2022, the organizing committee of the tree selection activity launched the first "Yangtze River Delta Craftsman" tree selection and naming activity. The recommended candidates are generally selected from the provincial and municipal level craftsmen named in Shanghai, Jiangsu, Zhejiang, and Anhui, and should be selected

Recently, self media released information claiming that "Shanghai Electric was defrauded by India for 8.8 billion yuan and claimed 2.1 billion yuan in compensation." In response, Shanghai Electric's official website issued a statement stating that the relevant reports seriously distorted the facts. In 2008, Shanghai Electric, as the main equipment and service supplier for the Sassoon Power Station project in India, signed an Equipment Supply and Service Contract with a contract amount of 1.311 billion US dollars. The statement states that the power plant project was put into commercial operation in 2015 and the operation of the power plant is in good condition. Shanghai Electric has received nearly 90% of the payment for this project, and has initiated arbitration for the remaining payment that has not yet been received. The arbitration has won and entered the execution stage. And the Mumbai court in India has dismissed the lawsuit filed by Indian Reliance against Shanghai Electric for a claim of approximately 2.1 billion RMB in 2022.

On June 28th, the only pedestrian overpass along the Huangpu River that connects the riverside walkway, "Huaqiao · Hanging Garden," was officially unveiled. It is connected to the newly emerging South Bund Financial Cluster on one end and the waterfront on the other, making it a rare Pujiang landscape balcony. Little did they know that besides the excellent river scenery, there is also a century old shipping history hidden here. The layout of "Huaqiao · Hanging Garden" is trumpet shaped, extending towards the river. The curved garden road is not only lined with layers of trees, flowers, and plants, but also equipped with seven unique cultural signs. The reporter scanned the QR code on the signboard with his phone, and in the Shanghai dialect read aloud by linguistic experts at East China Normal University, a section of historical memories of the Dongjiadu area unfolded. The "Dongjia Road Ferry" sign tells the story of the transformation of the old pier site under the journalist's feet