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Shanghai’s transport, logistics basically returned to normal levels, said official

China’s financial and commercial hub of Shanghai has been accelerating resumption of transport and logistics after a two-month Covid lockdown was lifted on June 1 and the city’s highway, waterway, airway and railway transport volume has largely returned to normal levels before a COVID-19 outbreak hit two months ago, said an official from the Ministry of Transport on Monday.

China’s civil aviation authority in talks with some countries to increase regular international flights, several Chinese carriers resume some international flights

The Civil Aviation Administration of China (CAAC) was talking with some countries to gradually and steadily increase regular international passenger flights to meet the needs of personnel exchanges, the regulator said at a press conference on Friday, in response to questions about whether there will be more international flights in the second half of this year.

China’s unsold residential properties rose in 2021 for first time in six years, property market to gradually recover this year – top state think tank

China is expected to see property sales by floor area grow at a slower pace in 2022, property prices rise slightly, new construction starts decline further and the growth of real estate investment slow significantly, according to a new report released by the Chinese Academy of Social Sciences (CASS), a top government think tank.

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