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Some companies find niche markets in the industry by

producing specialized bicycles for health, sports and slow urban lifestyles. Century-old bike-maker Shanghai Phoenix Enterprise (Group) Co Ltd and Tianjin Flying Pigeon Cycle Development Co are transforming to produce sports and leisure bicycles based on the fast growth for these types of products. The output of such bicycles priced above 1,000 yuan saw an 18.5 […]

Yi pledged to use more market-based commercial fund

 He also said improving transparency for projects’ financing is needed, especially for green financing, and using local currencies in BRI investments to curb exchange rate risks. “The opening of local curr ency-denominated bond markets will effectively attract long-term funds and reduce risks of currency mismatches,” he said. Christine Lagarde, managing director of the International Monetary […]

According to the Shanghai Municipal Commission of E

conomy and Informatization, the trade-in program targets the 603,000 vehicles complying with State-III emissions standards or below in this city. Shanghai also encourages owners of public service vehicles — such as buses, sanitation vehi cles, postal cars, taxis and light logistics vehicles — to replace their current vehicles with electric ones. The city will improve […]