Big capacity expected for ABB robotics factory in Shanghai
The robotics manufacturing and research facility of ABB, which started construction in Shanghai in 2019, is expected to achieve an annual production capacity of 100,000 robots.
Investors flock to Shanghai amid pandemic
Despite the faltering global economy due to the COVID-19 pandemic, the cosmopolitan city of Shanghai has kept its allure for foreign investors who are optimistic about their prospects in the market.
JPMorgan building more ties with China
JPMorgan is working to introduce all of its major business lines into China to build a more complete financial service platform in the fast-growing market, a senior official of the leading global investment bank said.
Volvo construction unit expects 50% sales growth this year
Sales of Volvo Construction Equipment in China, an arm of Sweden's Volvo Group, are expected to see year-on-year growth of 50 percent this year, according to Chen Lin, vice president of Volvo CE China Sales Region, on Nov 2.
Lujiazui a center for financial leasing business
Lujiazui is currently home to 214 financial leasing companies, four of which make the list of China's top 10 companies.
Lujiazui boosts spillover effect of CIIE
Nearly 30 exhibitors at the China International Import Expo (CIIE) have set up operations in the Lujiazui area of Pudong since the first edition launched in 2018, according to the local administration.
Waigaoqiao hotbed for intelligent manufacturing
The International Intelligent Manufacturing Industrial Park of Waigaoqiao is now home to 41 of the world's top 100 machine tool enterprises, seven of which are in the top 10.
Financial leasing business soars in Lujiazui
Porsche invested 197 million yuan ($29 million) to set up its financial leasing company in Lujiazui Financial district in Pudong, Shanghai on Sept 9.