Tag Archives: Shanghai

First China-made “smart” ship debuts in Shanghai

China’s first “smart” ship embedded with a domestically-developed intelligent navigation system made its debut in Shanghai Tuesday.

The 179-meter-long ship, Great Intelligence, is 32-meters-wide and 15-meters-high, with a maximum loading capacity of 38,800 tonnes. It is installed with SOMS, a China-Developed marine system with autonomous learning ability and intelligent operation system. It can analyze real-time navigation and meteorological data, pick the best routes and alert the crew to hidden dangers in advance.

Developed by China State Shipbuilding Corporation (CSSC), Great Intelligence will be used by Sinotrans Shipping to transport coal and salt between China, Australia and Southeast Asia.
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CCDC opens Shanghai headquarters

China Central Depository & Clearing (CCDC), which serves the national financial market by providing central registration, depository and settlement services, opened a new headquarters in Shanghai Monday.

Five of CCDC’s core services — the cross-border RMB bond issuance center, the cross-border RMB bond settlement center, CCDC Collateral Management Service Center, ChinaBond Pricing Center, and the Shanghai Data Service Center — have been connected to the Shanghai headquarters to support making the city an international financial hub.
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