Prosperity also known as an “air taxi”, is developed by AutoFlight , a leading eVTOL developer based in Shanghai. [Photo provided to chinadaily.com.cn] AutoFlight, a leading electric vertical takeoff and landing (eVTOL) technology company, recently delivered the first Prosperity eVTOL aircraft to a pioneering operator in Japan for Advanced Air Mobility, which marks the first … Continue reading Shanghai company completes world’s first delivery of ‘air taxi’
Tag: shanghai
China Eastern Airlines to launch direct flight between Shanghai and Saudi Arabia’s capital
A plane of China Eastern Airlines takes off from the Shanghai Pudong International Airport in Shanghai, Dec 9, 2023. [Photo/Xinhua] China Eastern Airlines will launch direct flights between Shanghai and Saudi Arabia’s capital Riyadh on April 27, an important extension of the flight network in the Middle East by the Shanghai-based carrier, according to official … Continue reading China Eastern Airlines to launch direct flight between Shanghai and Saudi Arabia’s capital
Mainland shares getting back on track
Investors check share prices at a securities brokerage in Shanghai. [Photo/China News Service] Foreign investors’ rising interest in Chinese mainland equities — their exposure to A shares has increased recently — can be attributed to the obvious value of the stocks and China’s continued efforts to optimize its capital market structure, said market mavens and … Continue reading Mainland shares getting back on track
New board for niche sector SMEs begins trading
The new board for small and medium-sized companies specializing in niche sectors, commanding high market share and boasting strong innovation capacity started trading at the Shanghai Equity Exchange on Monday, with the first batch of 162 companies successfully floated. The new board is directly connected to the China Securities Regulatory Commission, the country’s top securities … Continue reading New board for niche sector SMEs begins trading
Designer outlet mall operator posts robust growth
Shoppers visit Tianjin’s Florentia Village in February. [Photo/Xinhua] Florentia Village achieved robust growth in China last year, the operator of designer outlet malls said. Maurizio Lupi, CEO of Florentia Village, said its seven villages in the country attracted over 25 million customers in 2023, a nearly 30 percent increase in footfalls. As of end-February, the … Continue reading Designer outlet mall operator posts robust growth
Tim Cook: No supply chain more critical than China
Apple CEO Tim Cook (Central) and Wang Chuanfu, CEO of BYD, (Left 2) at Apple’s Shanghai office on March 20, 2024. [Photo provided to China Daily] Apple CEO Tim Cook said in an interview with China Daily in Shanghai on Wednesday that “There’s no supply chain in the world that’s more critical to us than … Continue reading Tim Cook: No supply chain more critical than China