Shanghai Civil Affairs Bureau and Shanghai Housing Management Bureau issued an implementation plan to advance “property+eldercare” services. Districts and neighborhood offices will select suitably mature residential communities and guide property managers to develop locally adapted forms of property-plus-eldercare. The plan supports property managers signing cooperation agreements with professional eldercare institutions to bring trained services into residential communities. Property firms that

2026-08-13

Shanghai Civil Affairs Bureau and Shanghai Housing Management Bureau issued an implementation plan to advance “property+eldercare” services. Districts and neighborhood offices will select suitably mature residential communities and guide property managers to develop locally adapted forms of property-plus-eldercare. The plan supports property managers signing cooperation agreements with professional eldercare institutions to bring trained services into residential communities. Property firms that wish to provide home-and-community eldercare are encouraged to set up dedicated eldercare departments or form independent home/community eldercare service entities to offer diversified, professional services to owners.

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2026-08-13

Guangdong provincial government and Alibaba (China) Co., Ltd. signed a strategic cooperation framework in Guangzhou on Aug. 13. The signing was witnessed by Guangdong Party Secretary Huang Kunming, Deputy Party Secretary and Governor Meng Fanli, and Alibaba Group CEO Wu Yongming. Parties agreed to deepen cooperation through the 15th Five-Year period, targeting artificial intelligence, cloud computing, e-commerce, smart logistics, cultural tourism and travel, and public services, with an emphasis

2026-08-13

China’s fuel-price adjustment window opens at 00:00 on Aug. 15. Industry consultancy Longzhong Information says international crude weakened over the cycle, prompting a domestic refined-fuel cut of about 0.15 yuan/liter, expected to be the fifth reduction this year. Filling a 70‑liter tank would save roughly 11 yuan.