Economics

The 38th Shanghai International Medical Equipment Exhibition opened today, with exhibits covering in vitro diagnostic reagents, medical disinfection and sensing equipment, medical protective equipment, medical consumables, medical information technology products, and other types, attracting more than 900 exhibitors from around the world to participate. It is predicted that the new population aged 60 in China during the 14th Five Year Plan period will increase by 34% compared to the 13th Five Year Plan period. Moxibustion robots, intelligent nursing robots, and transportation vehicles... Many exhibitors are focusing on the fields of elderly care and rehabilitation services. Behind this lies the deep insight of domestic and foreign enterprises into the Chinese health and wellness market - the culture of home-based elderly care is prevalent, professional rehabilitation institutions are flourishing, and niche needs have not been fully met. There is great potential for the future. In the medical robot exhibition area, Zhejiang Qianyu Intelligent Technology Co., Ltd. showcased an intelligent moxibustion robot that can

The "5G new call" technology allows you to have an additional simultaneous interpretation when communicating with foreign friends; Millimeter wave technology allows passengers to enjoy high-definition online experience while swiping the screen inside subway carriages, without the hassle of lagging; With the support of metaverse technology, virtual human e-commerce anchors are tireless, making consumers unable to resist placing orders... In the major exhibition areas of the 2023MWC Shanghai World Mobile Communication Conference, which opened on June 28, another batch of information and communication "black technology" has opened the audience's eyes. At the "5G New Calling" technology exhibition area of China Mobile booth, the reporter saw a foreigner appear on the screen after a viewer dialed the other person's phone number. This foreigner speaks Chinese and that foreigner speaks English. Because the screen displayed simultaneous subtitle translation, the conversation between the two had no sense of discord. 5G new calls have simultaneous translation function. The staff informed us that

China has built the world's largest and most advanced broadband network infrastructure, with a total of over 2.844 million 5G base stations and over 650 million 5G mobile phone users. It has achieved a historic goal of "connecting fiber optic networks to cities, 5G to counties, and broadband to villages and villages.". This is what the reporter learned from the 2023MWC Shanghai World Mobile Communication Conference, which opened on June 28th. This year marks the tenth year of the MWC Shanghai World Mobile Communications Conference, with the theme of "time waits for no one", showcasing solutions and applications in fields such as mobile phones, laptops, gaming devices, as well as 5G, artificial intelligence, augmented reality/virtual reality, and the Internet of Things. The MWC Shanghai World Mobile Communication Conference has set up the "Digital Shanghai" exhibition area for the first time, focusing on the digital transformation of Shanghai city and reflecting 5 aspects

All 1396 enterprises in the food production field in Shanghai have made public commitments to fulfill their main responsibilities for food safety through online or offline signing of commitment letters today. They have strictly implemented a three-level job responsibility mechanism, equipped and established a responsibility system where the main person in charge is responsible for the overall responsibility, and the food safety director and food safety officer are graded to ensure that any problems can be identified, investigated, and held accountable. The companies that have made commitments include representatives of Shanghai food production enterprises such as Kerry Grain and Oil, Bright Dairy, Xinghualou, Tai Tai Le, Hairong Food, and Zhongyin Babi. Promises are not empty slogans. Once a food production enterprise fails to fulfill its main responsibility for food safety as promised, fails to establish a food safety management system in accordance with regulations, and fails to equip, train, and assess food safety directors, food safety officers, and other food safety management personnel in accordance with regulations, they shall be held accountable

The night economy has become a new growth pole for consumption in Shanghai. The reporter learned from the first Shanghai Nightlife CEO Conference and 24-hour Vitality City Forum held on the afternoon of June 28th that according to data from key monitoring sample enterprises, since the opening of the 2023 Shanghai Nightlife Festival, the nighttime passenger flow has increased by 23.1% compared to the same period of the 2022 Shopping Festival. According to monitoring by the Consumer Market Big Data Laboratory, as of June 25th, the total nighttime consumption in Shanghai in June was 42.746 billion yuan. Especially in the first week of the June Nightlife Festival, nighttime consumption accounted for nearly 30% of the total daily consumption, reaching the highest point in nearly three years. According to data from Meituan, during the 2023 Shanghai Nightlife Festival, with the release of Shanghai Nighttime Play Guides such as the 2023 Must Eat List and 2023 Bar Guide, Shanghai will dine in restaurants overnight

At the recently concluded 6th Digital China Construction Summit, 5 digital scenes recommended by the Shanghai State owned Assets Supervision and Administration Commission won 1 first prize, 1 second prize, and 3 third prizes in professional competitions. These innovative scenarios cover multiple tracks such as industrial collaboration, business management, production and operation, and user service, and are the latest achievements in the digital transformation of state-owned enterprises in Shanghai. The technological innovation capabilities demonstrated by Shanghai state-owned enterprises in the new stage of development have once again been recognized by peers nationwide. State owned enterprises are an important material and political foundation of socialism with Chinese characteristics.

On June 28th, the "Modernization New Journey Series" published by China Development Press was released in Shanghai. This series of books is edited by Long Guoqiang, a member of the Party Group and Deputy Director of the Development Research Center of the State Council. It is designed according to the "four in one" architecture of cutting-edge industries, development space, business environment, and infrastructure. In the first quarter, all 11 books have been published and distributed, including "Future Industries", "New Finance", "Metaverse", "Hydrogen Energy Industry", "Rooting in the Real Economy", "Service oriented Manufacturing", "Future Community", "New Industrialization Base", "Advanced Manufacturing Cluster", "Optimizing Business Environment", and "Typical Cases of High Quality Development". The series of books on the new journey of modernization has distinct characteristics, adhering to the guidance of political, cutting-edge, and practical aspects, and providing practical suggestions for embarking on a good journey of modernization. The series of books adheres to the principle of

Recently, SAIC Group has unveiled 49 high computing power and high specification automotive chips that urgently need joint research and development to the Shanghai Automotive Chip Industry Alliance, seeking the feasibility of domestic substitution. As a result, very few were rejected by alliance members, and most chips were classified as "negotiable", greatly boosting industry confidence. This is the information obtained by the reporter from the Shanghai Integrated Circuit Industry Cluster Innovation Achievement Exchange and the First Work Conference of the Automotive Chip Industry Alliance. In Shanghai, a key city in the automotive industry and a highland in the integrated circuit industry, an automotive chip industry alliance has been established this year, and a demonstration service platform for automotive chip testing has also been awarded a license. In addition, Shanghai has compiled the "Yangtze River Delta Automotive Electronic Chip Handbook" for three consecutive years, achieving regional cooperation and progress. This series of major actions are all accelerating the automotive electronics industry

How can the cultural and tourism industry, which has rapidly recovered after three years of pandemic, achieve faster and higher quality recovery and rebirth? At the 4th TRUE Cultural and Tourism Productivity Summit held today at Shanghai International Tourism Resort, experts, scholars, and senior practitioners from various fields focused on the theme of "recovery, renewal, and regeneration". They held various forms of industry exchanges around "cultural and tourism investment" in the context of cultural and tourism recovery, such as themed forums, professional institution evaluation and distribution, investment matching meetings, investment and financing docking meetings, cultural and tourism project roadshows, and cross-border integration exhibitions, to share cutting-edge trends in cultural and tourism investment and promote industrial collaborative cooperation. Since the beginning of the 14th Five Year Plan, major cultural and tourism projects have led the high-quality development of the industry. Various regions have successively released investment lists for major projects. In 2022 alone, there were over 3000 major investments in the cultural and tourism field nationwide, with a total investment amount exceeding 3%

When it comes to "old friends" at the CIIE, it is inevitable to mention American smart building industry giant Johnson Controls. It was one of the first contracted exhibitors for the first CIIE and has never been absent for five consecutive sessions. It will participate in the exhibition for the sixth time this year. What is the reason for making an annual commitment to pursuing a PhD? Johnson Controls Asia Pacific President Lang Zhiwen said that through the window of the CIIE, Johnson Controls can feel the changing trends in the Chinese market, actively adjust development strategies, continuously improve product digitization and low-carbon levels, and attract more potential customers. Every year there is a sense of freshness and new gains. This is the reason why an old friend firmly chose to pursue a PhD. In 2018, the first China International Import Expo was held in Shanghai, where "old friends" have an inexplicable bond. This is the world's first national level exhibition with an import theme, fully reflecting China's firm determination

On July 2, China Eastern Airlines' Shanghai Xi'an Karamay route will be open to traffic, which is the information obtained by reporters from the Shanghai Karamay "ushering passengers into Karamay" and the two cities' route promotion meeting on June 27. The promotion meeting was jointly organized by the Karamay Municipal Government and the front headquarters of Shanghai Aid Group. At the meeting, Dong Aihua, Deputy Secretary of the Karamay Municipal Party Committee and Chief Commander of the Front Headquarters of Shanghai Aid grams, said, "We should strive to realize the market-oriented and commercial operation of the Shanghai Xi'an Karamay route before the departure of our group of cadres of Shanghai Aid grams, so as to meet the demand of business customers not only in the peak tourist season, but also in the off peak season and even in winter, so as to achieve year-round flight." The opening of this route is another achievement of the cooperation between Shanghai and grams jointly promoted by the Front Headquarters of Shanghai Aid grams and multiple resources. The distance between Shanghai and Karamay is 4200km,

On June 27th, the largest cloud based research intelligent computing platform for universities in China, Fudan University CFFF "Qiewen" No.1 and "Jinsi" No.1, were officially launched. Fudan University has also signed strategic cooperation agreements with China Telecom Group Co., Ltd. and Alibaba, and launched the first World Science and Intelligence Competition and held the first Science and Intelligence High end Forum. The intelligent computing platform CFFF, jointly deployed and constructed by Fudan University and China Telecom, includes the "Qiewen-1" scientific intelligent computing cluster and the "Jinsi-1" dedicated high-performance computing cluster. The total scale of CFFF computing power has reached 28 PFlop/s. China Telecom connects the Shanghai Fudan campus computer room with the Alibaba Cloud Ulanqab Super Data Center 1500 kilometers away through the 100GOTN high-speed dedicated line, ensuring high-speed data on and off campus

Small and micro enterprises account for 90% of the main body of the Chinese market, serving as a thermometer and barometer of consumer recovery, as well as a driving force for nurturing employment and creating economic vitality. Through data insight and research from Taobao Tmall, Alipay, Flying Pig and other platforms, the observation report of microenterprises released by online merchant bank yesterday shows that the "night economy" has become the driving force of many small and micro businesses in cities, and more and more small and micro businesses in Shanghai light up the night life in Shanghai by extending business hours and other ways. The report shows that the night economy is growing rapidly, with a high proportion and diverse business formats. The market size is growing against the trend, and night consumption accounts for more than half of the daily consumption. 68% of small businesses nationwide are embracing the night economy, and more than half of small and micro businesses in Shanghai plan to delay their operations until after 21:00. Most community supermarkets are extending their operating hours. Since 2020

Yesterday, a notice on the increase in fees for various scenic spots and travel agencies during the peak tourism season in Xinjiang circulated among many tourism practitioners. The notice solemnly introduced the background of the summer tourism boom in Xinjiang this year and proposed that "in order to balance the stable order of the tourism related service industry in Xinjiang, advise car and hotel companies to control prices, it is now recommended that all travel agencies increase their cost budget by 20% after July 1st to ensure service quality...", with the name "Xinjiang Cultural and Tourism Bureau Association". In response to this, the Xinjiang Tourism Association immediately issued a statement stating that the issuing unit "Xinjiang Cultural and Tourism Bureau Association" does not exist, and the document does not comply with the writing standards of official documents, the language is not clear, the wording is inappropriate, and there are typos. This notice is an online rumor. Tourists and tourism companies are advised to be vigilant and not believe in rumors. Xinjiang Tourism Association

Using candles, electric heating appliances, etc. to heat and melt lacquer wax, sugar, etc., and then pressing seals into various shapes, the sales of lacquer seals on online platforms are quite impressive and popular among young people. However, it is currently difficult to define which type of product this type of product belongs to, and there is no corresponding product standard. Many products are untraceable and have questionable quality, and there are hidden dangers such as burns, punctures to the human body, electric leakage, and misleading consumers to confuse lacquer wax with food. Especially for minors under the age of 14, one of the main consumer groups of lacquer seals, these safety risks may multiply. The Shanghai Municipal Administration for Market Regulation today exposed a batch of fire paint seal products that have been found to have significant safety hazards through risk monitoring, and issued consumer warnings. In just over a minute, it may cause burns. Place the lit candle at the bottom of the candlestick, and then

Amidst the scorching sun, on the morning of June 27th, at the entrance of Daning Jiuguang Department Store in Jing'an District, a long line of service stalls was crowded with people. The event "Welcoming the Summer Home Appliance Service Peak and Bringing Brand Home Appliance Repair Services into the Community" was being held here. "Do not trust search engines or short video advertisements", "Do not dial the repair phone number on mailbox advertisements or expired warranty cards", "Do not easily let the" street guerrilla team "come to your door"... At the event, the organizers -962512 Shanghai Home Appliance Service Hotline, Shanghai Home Appliance Industry Association, Shanghai Jiaodian Home Appliance Business Industry Association, and Shanghai Electronic Product Repair Service Industry Association sent personnel to distribute promotional videos and explain to community residents, teaching them how to "avoid pitfalls" in home appliance maintenance. The event received guidance from the Shanghai Municipal Commission of Commerce and support from the Jing'an District Commission of Commerce,

Eight years ago, because her son was going to attend an international high school, Wenzhou native Sprite came to Shanghai to accompany her. At that time, she would not have imagined that in the bustling Shanghai, she not only opened a coffee shop, but also became a brand homestay landlord with dozens of properties in just 5 years. When meeting with the reporter, it was the afternoon of the last day of the Dragon Boat Festival holiday, which was also the peak time for tenants to check in during the day. Almost every few minutes, Sprite's two phones vibrate or ring. "Password error, we can't enter the room!" "We are a family of three bringing our parents to play. Can you accommodate 5 people in your room?" "How far are you from the Bund?"... Various needs and inquiries continue. ". During the conversation, she had to occasionally pick up the phone and reply to WeChat, feeling extremely busy. The first homestay just opened and became popular by 20

On June 26, the first ship "Maersk Charleston" of the 15500 TEUs large container ship project built by Hudong Zhonghua Shipbuilding Co., Ltd., a subsidiary of China Shipbuilding Group, for the Canadian SEASPAN Company, was named and delivered at China Shipbuilding Changxing Shipbuilding Base 66 days earlier than the contract period. So far, Shanghai, East and China have delivered a total of 9 ships in the first half of this year, with new orders exceeding 20 billion yuan, 56% and 72% of the annual plan respectively. "Maersk Charleston" is independently developed, designed and built by Hudong Zhonghua, with completely independent intellectual property rights, and is classified as DNV Classification Society. The ship is 366 meters long, 51 meters wide and 30.2 meters deep, with a service speed of 22.0 knots. Its container capacity reaches 15516 standard boxes, and 1733 cold box sockets are also set up,

On June 26th, Shanghai Hong'ao Real Estate Co., Ltd. and relevant departments of the Planning and Natural Resources Bureau of Putuo District signed a land delivery confirmation letter, and simultaneously obtained the construction land planning permit and real estate certificate on the spot. This is the first time in Putuo District to achieve "land delivery is certificate delivery" through "full online processing" throughout the city, and also marks the official implementation of the "land delivery is certificate delivery" service reform for Shanghai's real estate projects. After obtaining the land of Block 24 in Putuo District, Hong'ao Real Estate has financing needs for project development and needs to apply for land planning permits and real estate certificates as soon as possible. After understanding the situation, the Planning and Resources Bureau of Putuo District collaborated with multiple departments to provide full process assistance services for enterprises, successfully achieving the first full process online processing in Shanghai, where "land delivery is certificate delivery". Previously, after obtaining land, developers had to obtain two certificates for at least a month, and also

According to the requirements of the "Regulations on Central Ecological Environment Protection Supervision Work" and the "Regulations on Shanghai Ecological Environment Protection Supervision Work", and with the approval of the Shanghai Municipal Party Committee and Government, the second round of routine inspections of ecological environment protection at the municipal level in Shanghai has officially started this year.Today, the city's ecological environment protection inspection team officially entered the two inspected areas of Changning District and Qingpu District. Two districts organized and held mobilization meetings for inspection reports. The inspection team will be stationed from June 26 to July 14, 2023. The inspection work mainly adopts listening to reports

Boasting that eye patches can prevent cataracts, hand made advertisements containing "soft pornography" content, and children's cosmetics claiming to be "food grade"... The Shanghai Municipal Administration for Market Regulation today exposed a number of cases filed and investigated this year that infringe on the legitimate rights and interests of key groups, including the elderly and the young. Some unscrupulous merchants are closely targeting the elderly population, selling elderly products and food to them by exaggerating product functions and fabricating past honors. This kind of behavior not only scams the elderly for money, but may also delay the treatment of the condition, causing damage to the life, health and safety of the elderly. On May 30, 2023, law enforcement officers from the Minhang District Market Supervision Bureau found that the Tongxiu Health Massage Shop in Minhang District was promoting eye patches to the elderly in the form of health lectures, claiming to have preventive effects such as cataracts. After investigation, it was found that the content of the involved PPT courseware and on-site marketing personnel

The World Mobile Communications Conference (MWC Shanghai), which was suspended due to the pandemic in 2020 and 2022 and reduced in scale in 2021, has finally made a significant comeback and will be held in Shanghai from June 28th to 30th. MWC, the World Mobile Communications Conference, is one of the largest communication exhibitions in the world, with its main venue located in Barcelona. Due to the rapid rise of mobile communication forces in the Asia Pacific region, starting from 2012, MWC has added an exhibition at the China Shanghai station, namely MWC Shanghai. The organizer of the conference, GSMA President Gerhard, stated in a pre conference media communication meeting that since June 2019, China's 5G commercial license has been issued for 4 years, and China's 5G has jumped from a period of large-scale commercial use to a period of rapid development. According to the 2023 annual report on the development of China's mobile economy released by GSMA, in 2025, China

On May 25th, the journal Nature published a cover paper titled "Curling Rules: Flexible Silicon Chips for Flexible Solar Cells.". The author of this paper is from the Shanghai Institute of Microsystems, Chinese Academy of Sciences. At a laboratory located in Jiading District, Shanghai Microsystems Institute, researchers bent and rolled a single crystal silicon solar cell as thin as paper, unfolded it, repeatedly bent and rolled it, and then unfolded it again. This solar cell is intact as before, without any breakage. Seems ordinary? The pun on paper title "Curling Rules" in Nature magazine highlights the groundbreaking value behind it. The curling rule refers to the object of discussion in the paper - a curlable solar cell; Another layer of meaning is the scientific value contained in this type of battery - monocrystalline silicon was originally brittle, brittle, and difficult to bend, but the latest research results

At the recent Carbon Expo and Shanghai International Trade Fair, Shanghai Electric's booth has become quite different from the past. In my impression, thermal power and nuclear power equipment manufacturing are representative businesses of Shanghai Electric, but now the most eye-catching and consulted products on Shanghai Electric's booth are the newly released "wind, solar, storage, and hydrogen" products, all of which come from the new energy field without exception. On June 11th, Shanghai Electric announced its first "Shanghai Electric Group's Dual Carbon" Action Plan, announcing that the company will achieve its own carbon neutrality by 2035 and full value chain carbon neutrality by 2055, significantly ahead of the national "dual carbon" target. What drives traditional energy manufacturing giants to quickly enter the low-carbon track? This seems to be not just due to national strategy and social responsibility. In the field of new energy with multiple Shanghai Electric negative

"Go to Fei County." Old Yang was carrying a woven bag with some weight, speaking in a dialect, intending to buy a long-distance bus ticket back home. However, he was informed by the ticket seller that the flight from Shanghai Zhongshan Bus Station to Fei County had been cancelled. Standing in the empty waiting hall, Lao Yang felt a bit confused for a moment. The long-distance bus station is helplessly going downhill. In Shanghai, they once created and witnessed their own shining moments like buses before the opening of the subway. At its peak, there was a busy flow of passengers and it was difficult to find one. Now, Honor is no longer here, with one passenger station after another being shut down, and the original 30 to 40 bus stops have been reduced by nearly half. Its decline seems hidden and silent. For those migrant workers, elderly people, and other groups who still rely on long-distance passenger transportation, facing the Hamlet question of "survival or death" in the industry, they

Recently, the "Three Year Action Plan for Shanghai to Promote High Quality Development of Exhibition Economy and Build an International Exhibition Capital" was officially released. By 2025, Shanghai's ability to allocate global resources for exhibitions will be further enhanced, its global influence and competitiveness will be further enhanced, its market mechanism will be more mature, exhibition enterprises will be more dynamic, brand exhibitions will be more concentrated, and the International Exhibition Capital will be fully built. The plan to create new advantages of "exhibition+industry" proposes that by 2025, the total exhibition area in Shanghai will reach about 22 million square meters, with international exhibitions accounting for 80% of the total exhibition area. There will be 50 exhibition projects with a single exhibition area of over 100000 square meters, and the exhibition level will continue to improve. The number of exhibitions selected for the world's top 100 commercial exhibitions is in a leading position among major exhibition cities in the world.

Traditional pig farms not only cause heavy pollution, but also have high carbon emissions, making them an industry that many rural areas avoid. However, Langxia Town in Shanghai has vowed to break tradition. The pine forest pig farm project that has settled here is not just an ordinary path. Not only can pigs be raised upstairs, but organic fertilizer can also be used for farmland and vegetable fields. It can also reduce emissions while generating electricity through biogas. The Songlin Pig Farm, such a versatile high-tech pig farm, is a silhouette of Shanghai's exploration of rural land consolidation. In cities with limited spatial resources, 45 square kilometers of arable land and 35 square kilometers of forest land have been gradually transformed, and the scale of reclamation has exceeded 100 square kilometers, leaving sufficient space for the upgrading of rural industries. In the past 13 years, what has Shanghai done correctly and how has it been achieved? To lay a solid foundation for rural revitalization, Shanghai's agricultural GDP accounts for less than 1%, but the proportion does not indicate its status. upper

On the last trading day before the Dragon Boat Festival holiday, the three major indexes in Shanghai and Shenzhen all fell by more than 1%, and the Shanghai Composite Index fell below 3200 points. On June 26th, A-shares will enter the last 5 trading days of the first half of the year. What will be the trend? According to CITIC Securities, currently, the triple expectation of economy, policy, and market sentiment is at a bottom, and the three major games of theme, policy, and position adjustment are becoming increasingly fierce, with market fluctuations still significant. "The policy will not be absent in the end, but it will be difficult to exceed aggressive market expectations." CITIC Securities still believes that the more cautious economic growth goals and the idea of "not making up for a big illness" make the focus of this year's policy to achieve high-quality development for a long time, promote social stability and the restoration of endogenous power, and the probability of pursuing strong stimulus and recovery is not high. In terms of configuration, CITIC Securities suggests adhering to performance as the main focus and ignoring incentives

Shanghai Huafeng Ultrafiber is glad that it was "forced" to participate in the analysis of industrial Internet logo five years ago, so that it can take the lead in today's turbulent digital transformation of manufacturing industry. Identification analysis of industrial Internet, a new technology that leaves traces for production and enables "dialogue" between different machines, has become a strategic battle for new industrialization. Superfiber leather, the flagship product of Huafeng Superfiber, is a new material known as the "Rolls Royce of Fabrics". It is mainly used for professional equipment, clothing, luggage, and interior of new energy vehicles at home and abroad. Huafeng produces 150 million meters of ultra-fine leather annually, ranking first in the global market share. However, it is plagued by the dilemma of "bad currency driving out good currency" - the more links and advanced the materials go through from upstream raw materials to downstream processing, trade, and retail, the greater the risk of counterfeiting and collusion. Huafeng Superfiber. 5 years

Enterprises often face the dilemma of self certification in order to enjoy government relief or assistance policies. If you want to apply for rent reduction, social security reduction, or participate in government procurement or bank loans during the epidemic, but don't know which department can provide a small and medium-sized enterprise identity statement for the enterprise. For example, in the process of enterprise growth and development, if one wants to choose another good tree to settle in, they may face a dilemma due to encountering regional "soft nails". This indicates that even if a company's subjective initiative is active, there are still times when it cannot be achieved by its own efforts. The government work report presented at the first session of the 14th National People's Congress proposed to "promote better integration between effective markets and promising governments.". Behind the efficient market, how can the government be considered successful? The reporter recently interviewed multiple innovative enterprises and relevant regulatory service departments, outlining a "promising government" and addressing the frontline demands