Shanghai, all the best


Shanghai produces news all the time and is becoming among the most advanced cities in the world. These three novelties prove it
Rapid growth in software and digital trade

Shanghai's software and digital trade has shown great advantages and potential for development, with imports and exports of computer and information services as well as the digital trade based on software information technology both posting fast growth in the year to date.

The two-day 18th Shanghai Forum on Software, hosted by the city's government and organized by the Shanghai Commission of Commerce and the Shanghai Commission of Economy and Informatization, was launched on Thursday.

"Driven by the wide application of software and information technology, the digitalization of service trade in Shanghai has quickened its pace, and realized the optimization of structure and the improvement of quality,” Zhou Lan, deputy director of the city's commerce commission, said in his speech at the forum’s opening session.

Tesla to invest in charging pole development

US electric carmaker Tesla says it is to invest 42 million yuan (US$6.42 million) to set up a plant for the production, research and development of charging poles in Shanghai.

The factory will be put into production in the first quarter of 2021, the company said, with initial plans to produce 10,000 charging poles a year, mainly V3 superchargers.

This move will accelerate the popularity of the V3 supercharger to provide an efficient charging service system for Chinese consumers, the company said, givingusers a range of 250 kilometers after a 15-minute charge.

Shanghai launch for new electric carmaker Zhiji Motor

Zhiji Motor, a high-end smart electric carmaker, was launched by SAIC Motor, the Pudong New Area and Alibaba Group in Shanghai on Thursday.

The company, to be based at Pudong’s Zhangjiang Hi-Tech Park, has raised over 10 billion yuan (US$1.52 billion) in its initial round of financing so far.

Zhiji Motor will focus on technological innovation and application, as well as create a new operation model by integrating and utilizing SAIC Motor's resources in research and development, manufacturing and marketing.

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