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16:58 Apr 25

Porsche's new China R&D Center will open in the second half of the year in Shanghai’s Jiading district, the German carmaker said at the #AutoShanghai2025. The first phase of the 10,000 ㎡ facility will focus on integrated infotainment and driver-assistance solutions for the Chinese market and house over 300 engineers.

16:17 Apr 25

Dongfeng Motor signed a deal with Saudi Arabia’s Universal Motors Agencies at the #AutoShanghai2025 to make Saudi Arabia a core hub for the Chinese carmaker’s Middle Eastern expansion and a gateway to the Gulf region.

16:17 Apr 25

STO Express’ first-quarter net profit widened 24% to CNY236 million (USD32 million) from a year earlier, the Chinese courier said in its latest earnings report released yesterday. Revenue rose 18% to CNY12 billion (USD1.6 billion).

16:17 Apr 25

Himalaya told National Business Daily today that it is unaware of any sale plans after reports claimed the Chinese audio platform is exploring a potential sale to Tencent Music. Himalaya’s valuation is much lower than the CNY10 billion (USD1.4 billion) discussed three years ago, when talks reportedly stalled over management structure disagreements, according to iFeng Tech.

16:16 Apr 25

Alibaba Cloud’s #ESG initiatives focus on replacing traditional IT with cloud computing, promoting green transformation through the data-driven tool Energy Expert and leveraging generative AI to assist in ESG report generation, Tony Fang, VP of Alibaba Cloud International, said at a forum today. #ShanghaiClimateWeek

16:16 Apr 25

Benchmark Gensuite is using Genny AI, an integrated AI suite for sustainability, and Responsio, a disclosure response management tool, to streamline operations, Naveen G.V, Chief Global Development Officer at the EHS platform provider, said at a forum on green AI held in Shanghai today. #ShanghaiClimateWeek

16:16 Apr 25

Chinese action-adventure sci-fi film Bureau 749 and director Lu Chuan swept the 16th Golden Broom Awards, China's equivalent to the US' Golden Raspberry Awards, and were named as last year's most disappointing film, director and screenplay. The Dream of The Red Chamber and The Journey of Flower were the two other worst films.

16:15 Apr 25

Suzano, the Brazilian pulp and paper maker, drew attention to its suite of #AI-powered sustainability tools at a forum on green AI held in Shanghai today. Among them are Jaguar, a centralized #ESG data lake; Tetrys, a digital platform for analyzing forest productivity and risk scenarios; and Marvin Blue, a tool for real-time plantation monitoring, Marina Negrisoli, Suzano’s head of sustainability, said in a keynote speech. #ShanghaiClimateWeek

16:15 Apr 25

ShanghaiClimateWeek, the China ESG Alliance and AlibabaGroup co-hosted the “Build Green AI for a Broader Sustainable Future Business” forum today. The event shared insights about building and applying green AI and unveiled the 10 Promising Climate Techs to Watch in 2025.
US Share of China’s Wine Market Is Likely to Shrink Amid Higher Tariffs, Industry Sources Say
US Share of China’s Wine Market Is Likely to Shrink Amid Higher Tariffs, Industry Sources Say
Apr 25 2025
[In Photos] Android ‘Employees’ Turn Heads at Shanghai Auto Show
[In Photos] Android ‘Employees’ Turn Heads at Shanghai Auto Show
Apr 25 2025
Chinese Toolmakers Answer Tariff Threats With Innovation, Diversification, Canton Fair Shows
Chinese Toolmakers Answer Tariff Threats With Innovation, Diversification, Canton Fair Shows
Apr 25 2025
Pony.ai, Tencent Team Up on Robotaxi Services
Pony.ai, Tencent Team Up on Robotaxi Services
Apr 25 2025
Sinopep Points to Chinese Biopharma Firm’s Competitive Edge Amid Higher US Tariffs
Sinopep Points to Chinese Biopharma Firm’s Competitive Edge Amid Higher US Tariffs
Apr 25 2025

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