Tide turns as 2 districts see no new cases out of quarantine
Shanghai News

Tide turns as 2 districts see no new cases out of quarantine

Two suburban districts in Shanghai achieved the dynamic zero-COVID-19 goal yesterday amid the declining trend in the city’s pandemic resurgence. Jinshan and Chongming districts hit the target on a community level, according to Wu Qianyu, a senior health commission official. The target means the resurgence is...
‘Santa Claus market rally’ fades
Shanghai News

‘Santa Claus market rally’ fades

Stock markets mostly retreated yesterday as a “Santa Claus rally” showed signs of fatigue amid lingering fears over the Omicron variant and uncertainty about economic prospects for 2022. COVID-19 cases have surged across the world, prompting governments to impose new measures to limit contagion while the...
5 officials in dock for senior ‘death’ error
Shanghai News

5 officials in dock for senior ‘death’ error

Four officials and the director of a senior home in Putuo District have been held accountable for an incident in which an elderly citizen, who was considered “dead,” was transferred to a funeral parlor. The Shanghai Commission for Discipline Inspection and Supervision announced yesterday afternoon that...
June target as city sets out timetable to exit lockdown
Shanghai News

June target as city sets out timetable to exit lockdown

SHANGHAI yesterday provided its clearest timetable yet on lifting the COVID-19 lockdown, as the city government plans to fully restore normal life from June 1. Vice Mayor Zong Ming said that Shanghai would reopen in stages, with movement curbs largely to remain in place until Saturday...
7 detained for selling COVID vehicle passes
Shanghai News

7 detained for selling COVID vehicle passes

Seven suspects have been taken into custody for allegedly selling pandemic passes, Shanghai police said yesterday. Hongkou District police began its investigation last week after receiving a tip that someone was selling pandemic vehicle passes for as much as 4,000 yuan (US$600) each on the Internet....
Sauntering out while staying in
Shanghai News

Sauntering out while staying in

Being locked at home hasn’t dented public enthusiasm for exploring the city. Now, modern mapping technology makes it possible for people to “walk” in the city without breaching coronavirus restrictions and to share the experience with others. Lavater Ye, who is in the customs declaration business...
Container throughput up
Shanghai News

Container throughput up

The container throughput of Shanghai exceeded 3.08 million TEUs (twenty-foot equivalent units) last month, 82.4 percent of that in the same month of last year, a transport official said yesterday. During the first four months, the city’s ports handled 15.35 million TEUs, up 1.8 percent year...
Learning from the locals:  how to innovate in China
Shanghai News

Learning from the locals: how to innovate in China

China represents a huge growth market for many companies. Yet many Western multinationals struggle to innovate at the pace of Chinese start-ups. This difficulty is rooted in several practical business considerations. Strategic portfolio decisions are driven by headquarters, while research and product development teams are typically...