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Shanghai will offer rent reductions or exemptions for small and micro-sized tech firms in scientific and technological innovation hubs to help these firms address financial burdens arising from the latest COVID-19 wave in the city.

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China is considering additional fiscal policy support while mounting an all-out effort to put existing measures into place, providing a strong buffer against downward pressures on the national economy, officials and experts said on Tuesday.Read more

China has released a guideline to accelerate the establishment of a unified domestic market amid efforts to build a high-standard market system and promote high-quality development.

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All major EMS business outlets in Shanghai's Jiading district have started operations with a total of 120 workers returning to work.

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Multinational corporations in Shanghai have implemented contingency plans to maintain production as the city's authorities have introduced measures to help businesses in the city return to normal operations.

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Jiading district, Shanghai's automobile production hub, has taken various epidemic prevention and control measures to help local enterprises resume production.Read more

Machines have started to buzz again at carmakers including Tesla and Volkswagen in China after a hiatus of weeks because of COVID-19 outbreaks in the country's two major vehicle-producing cities.

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Shanghai is on track to resume production and ensure smooth logistics following a COVID-related citywide lockdown since April 1, as the city moves to safeguard its industrial and supply chains.

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Jiading Fahua Pagoda

The Fahua Pagoda, 40.8 meters tall, is a square, brick-wood structure with seven stories, accessible by ladders.