Monday, July 27, 2026
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Press Release GlobeNewswire

Budweiser China Co-Hosts Global Night-Time Economy Dialogue in Shanghai, Highlighting Multinational Companies’ Role in Urban Consumption Growth

June 11, 2026
in GlobeNewswire, Web3
Reading Time: 9 mins read
5
SHARES
249
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

Shanghai, China, June 10, 2026 (GLOBE NEWSWIRE) — Budweiser China, together with the Shanghai Association of Foreign Investment, co-hosted the “Global Nighttime Economy Dialogue—Igniting Nightlife in Shanghai” on the opening day of 2026 “Shanghai Tonight,” bringing together global experts, government representatives, academics and business leaders to explore how Shanghai can further unlock the value of its night-time economy through international collaboration, major cultural and sporting IPs, and experience-led consumption.

The dialogue highlighted Budweiser China’s growing role as a connector between global platforms and local consumer experiences. As Shanghai continues to rank first in China’s night-time economy index for five consecutive years, the discussion focused on how multinational companies can help the city move beyond extending business hours to creating richer, more sustainable urban experiences after dark.

“Global Nighttime Economy Dialogue—Igniting Nightlife in Shanghai” dialogue

A Global Conversation, Grounded in Local Realities

The Shanghai dialogue brought together a group of practitioners who have spent years shaping the night-time economy in cities across the world.

Participants included Liu Min, Deputy Director General of the Shanghai Municipal Commission of Commerce; Shen Danna, Vice Mayor of Huangpu District; Qiu Wen, Director of the Huangpu District Commission of Commerce and Huang Feng, President of the Shanghai Foreign Investment Association. International experts included Andreina Seijas, Founder of Night Tank and Academic Lead of the World Economic Forum’s 24-Hour Economy Initiative; Michael Kill, CEO of the Night Time Industries Association and Vice President of the International Nightlife Association; Ariel Palitz, Nightlife Advisor to the New York City Hospitality Alliance and former Executive Director of the New York City Office of Nightlife; Merlijn Poolman, Founder of the Dutch Night Mayor Foundation and former Night Mayor of Groningen; and Lutz Leichsenring, Co-Founder of VibeLab and former Spokesperson of the Berlin Club Commission.

Representatives from academia and media included Yang Yudong, Editor-in-Chief of Yicai Media Group and China Business News; Zhang Yina, Associate Dean and Professor at the School of Social Development and Public Policy, Fudan University, and Director of the Fudan Consumption Big Data Laboratory; Cao Yixia, Research Fellow at the Institute of Applied Economics, Shanghai Academy of Social Sciences; and Liu Chang, Head of Content and Agenda at the World Economic Forum. Corporate representatives included Craig Katerberg, Chief Legal and Corporate Affairs Officer of Budweiser APAC; Rohan Chindooroy, Global Director of Economic and Government Affairs at AB InBev and Konnie Zhu, Vice President of Corporate Affairs at Budweiser China.

The discussion focused on two central questions: how the night economy can empower the high-quality development of Shanghai’s service industry, and how to activate the international appeal of the night economy to help build an international consumption hub.

Participants exchanged views on public-private collaboration, community engagement, the integration of culture, commerce, tourism, sports and exhibitions, and the challenge of adapting successful international models to local realities. Representatives from AB InBev also shared insights drawn from the company’s global experience supporting night-time economy initiatives, highlighting lessons from international markets and examples of how global platforms can be adapted to local contexts.

While approaches differ from city to city, a common theme emerged: thriving night-time economies are rarely built by government or business alone. They depend on collaboration across sectors, long-term planning and a steady supply of experiences that give people reasons to stay, explore and connect.

The Growing Role of Global Companies in Local Economies

The role of multinational companies emerged as a recurring theme throughout the discussion.

The topic was further explored in a joint report released during the event by Budweiser China and the Fudan University Consumer Market Big Data Laboratory. The report, named Shanghai Nighttime Economy High-Quality Development Special Report, examined the relationship between consumption patterns, nighttime lifestyles and urban economic activity, highlighting how international companies like Budweiser China can contribute by introducing global IPs, connecting consumption scenarios and helping create destinations that attract both residents and visitors.

From left to right: Konnie Zhu, Vice President of Corporate Affairs at Budweiser China; Shen Danna, Deputy Head of Huangpu District Government; Liu Min, Deputy Director of Shanghai Municipal Commission of Commerce; Professor Zhang Yina, Vice Dean and Professor at the School of Social Development and Public Policy, Fudan University, and Director of the Fudan Consumer Market Big Data Laboratory

Huang Feng, President of the Shanghai Association of Foreign Investment, noted that multinational companies are becoming increasingly important partners in urban development. 

“The prosperity of the night economy cannot be separated from multinational companies with global vision and deep local cultivation capabilities. Budweiser China’s deep integration of top international IPs with Shanghai’s local consumption ecosystem has not only enriched the nighttime choices for citizens but also set a benchmark for foreign enterprises participating in urban economic development.” he said. 

Andreina Seijas, Founder of international consultancy Night Tank, said: “The most successful 24-hour cities are those that view the night not as a separate economy, but as an extension of urban life. Shanghai has a unique opportunity to leverage its cultural assets, public spaces and global appeal to build a more vibrant, inclusive and resilient city after dark.”

From Global IPs to Local Experiences

AB InBev has also maintained a long-term dialogue with the city, participating in the Shanghai Mayor’s International Business Leaders’ Advisory Council (IBLAC) for five consecutive years, where issues such as consumption growth and the night-time economy have increasingly featured on the agenda.

The discussion highlighted a broader trend shaping night-time economies worldwide: the growing use of major cultural and sporting IPs to create destination experiences that extend beyond traditional retail and hospitality.

Budweiser China’s experience offers some examples of that approach.

Through its “Mega Brands, Mega Platforms” strategy, the company has spent years connecting global music, sports and entertainment properties with local consumer experiences. The goal is not simply to sponsor events, but to create platforms that bring together culture, commerce and community.

In 2025, Budweiser introduced Tomorrowland, one of the world’s best-known electronic music festivals, to China. The event attracted visitors from both China and overseas, extended visitor stays in Shanghai and generated additional spending across hospitality, dining and retail sectors.

During the FIFA Club World Cup 2025, Budweiser launched its “Glory Home” pop-up activation on Shanghai’s Nanjing Road Pedestrian Street, combining sports fandom, entertainment and retail in a single destination, achieving substantial on-demand retail growth.

Looking ahead, the company is preparing a series of large-scale initiatives tied to the 2026 FIFA World Cup, including public viewing events and immersive fan experiences designed to bring people together through shared passions.

These efforts coincide with broader changes taking place across Shanghai’s night-time economy. As the city’s five popular night-time economy zones continue to evolve, consumer demand is becoming increasingly experience-driven, creating new opportunities for businesses, cultural institutions and city stakeholders alike.

Building an All-Hours Economy

For Craig Katerberg, Chief Legal and Corporate Affairs Officer of Budweiser APAC, the significance of the night-time economy extends beyond individual events or brands.

“We are proud to host global experts who are leading and innovating the night-time economy. At AB InBev, we believe high-quality night-time economies are built around meaningful experiences that bring people together and create long-lasting connections and moments,” said Katerberg. “Through our Mega Brands, Mega Platforms strategy, we connect global platforms with local consumers to create vibrant night-time experiences that grow local businesses, enliven urban culture and create a future with more cheers.”

Katerberg added that AB InBev will continue facilitating night-time economy exchanges that feature global best practices and that showcase Shanghai’s role in growing the night-time economy for people to enjoy experiences together.  

Craig Katerberg, Chief Legal and Corporate Affairs Officer of Budweiser APAC

As Shanghai continues to experiment with new models for nighttime consumption, many participants believe its experience may offer useful lessons for other cities across China.

The broader consensus emerging from the dialogue was that the future of the night-time economy will depend less on extending operating hours and more on creating meaningful reasons for people to engage with cities after dark. Achieving that goal will require cooperation among governments, businesses, academic institutions and local communities.

With top global events like the 2026 FIFA World Cup approaching, Shanghai’s nighttime consumption is poised to enter a new phase of growth, creating fresh opportunities for collaboration among governments, businesses and local communities.

Against this backdrop, industry observers note that multinational companies represented by AB InBev are increasingly evolving from participants into co-builders of the urban night-time economy ecosystem. Their changing role reflects the growing maturity of Shanghai’s night-time economy and a broader shift toward more collaborative models of urban development.

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.

ShareTweet1ShareSendShare2
Previous Post

Shufti Ranked as a Leader in G2’s Summer 2026 Identity Verification Grid® Report

Next Post

UPDATE – Volcano Engine and Bingo Group’s Milestone AI+IP Collaboration Launching June 10 Across Multiple Chinese Platforms, Announced by Data Hash

Related Posts

BYD Australia and Smart partner to make EVs more affordable for Australians

SYDNEY, July 26, 2026 (GLOBE NEWSWIRE) -- BYD, the wo ld’s leadi g ma ufactu e of ew e e gy vehicles, a d Sma t, Aust alia’s leadi g sala y packagi g a d ovated leasi g p ovide , today a ou ced a st ategic pa...

Read moreDetails

Silvaco to Accelerate Physics-Based Digital Twins for Semiconductor Design and Manufacturing Using NVIDIA AI and Accelerated Computing

SANTA CLARA, Calif., July 26, 2026 (GLOBE NEWSWIRE) -- Silvaco G oup, I c. (Nasdaq: SVCO) (“Silvaco”), a leadi g p ovide of TCAD, EDA softwa e, a d semico ducto IP solutio s, a d NVIDIA, a global leade i accele ated computi g a d AI, today a...

Read moreDetails

NVIDIA Expands NVIDIA Agent Toolkit With NVIDIA PhysicsNeMo and CUDA-X Libraries to Transform How the World Engineers, Designs and Builds

News Summa y: NVIDIA expa ds NVIDIA Age t Toolkit with e-a chitected NVIDIA PhysicsNeMo lib a ies a d updated NVIDIA CUDA-X lib a ies, e abli g softwa e develope s to build auto omous AI e gi ee s with AI physics skills, accele ated solve s...

Read moreDetails

TOESCOIN Announces Engagement with Crypto-Focused Investment Firm

DUBAI, U ited A ab Emi ates, July 26, 2026 (GLOBE NEWSWIRE) -- TOESCOIN ($TOES), the p emium toe-tappi g memecoi o Sola a, today a ou ced that it is i discussio s with a majo Japa ese VC fi m with oots i t aditio al ve tu...

Read moreDetails

SodaSlim Updated Announces July 2026 Launch of New Gummies Dietary Supplement Formulation

New Yo k City, NY, July 26, 2026 (GLOBE NEWSWIRE) -- Additio al i fo matio about the compa y a d its July 2026 gummies dieta y suppleme t fo mulatio is available o the compa y's official website at SodaSlim SodaSlim stated that the July 2026 lau ch eflects...

Read moreDetails

HorseFil Announces July 2026 Launch of New Gummies Dietary Supplement Formulation

AURORA, CO, July 26, 2026 (GLOBE NEWSWIRE) --  Ho seFil has a ou ced the lau ch of its ew gummy dieta y suppleme t fo mulatio , i t oduci g a p oduct desig ed a ou d a combi atio of ami o acids a d bota...

Read moreDetails

LONG DeFi Introduces Cloud Computing Solutions Designed to Support Digital Asset Infrastructure Development

New Yo k City, NY, July 25, 2026 (GLOBE NEWSWIRE) -- As global dema d fo digital i f ast uctu e co ti ues to ise, ge e ati g stable passive i come th ough cloud computi g se vices is becomi g a ew a ea of...

Read moreDetails

CertiK Intel3D: H1 2026 Wrench Attacks Report Reveals 33% Surge in Physical Crypto Crime, Estimated Losses Top $124 Million

NEW YORK, July 25, 2026 (GLOBE NEWSWIRE) -- Ce tiK ece tly eleased its I tel3D: H1 2026 W e ch Attacks Repo t, eveali g that physical coe cio agai st c ypto holde s i te sified i the fi st half of 2026. Ce tiK eco ded...

Read moreDetails

NAVER, NVIDIA and Brookfield to Expand Korea’s National AI Factory Infrastructure Buildout

News Summa y: NAVER, NVIDIA a d B ookfield pla to i vest i gigawatt-scale, multi-te a t AI cloud i f ast uctu e to powe the ext ge e atio of AI compa ies i Ko ea a d the U.S. NAVER a d NVIDIA team pla to...

Read moreDetails

SK Group and NVIDIA Expand Strategic Partnership Across AI Factories and Next-Generation Memory

News Summa y: SK G oup a d NVIDIA expa d st ategic collabo atio with a $500-billio -plus i itiative spa i g AI facto ies a d ext-ge e atio memo y. SK Telecom to build 2-gigawatt NVIDIA Ve a Rubi DSX AI Facto y to se ve...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Top Cross-Chain DeFi Solutions to Watch by 2025

    176 shares
    Share 70 Tweet 44
  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    179 shares
    Share 72 Tweet 45
  • Top Layer 1 Crypto Projects to Watch in 2025

    31 shares
    Share 12 Tweet 8
  • Understanding Soulbound Tokens SBT Their Definition and Significance

    75 shares
    Share 30 Tweet 19
  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    94 shares
    Share 38 Tweet 24
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

There are currently no events.

Latest on Web3Wire

  • Mapex AI Accelerates Global Growth in Geospatial Intelligence through Strategic Government Projects and International Partnerships
  • BYD Australia and Smart partner to make EVs more affordable for Australians
  • Silvaco to Accelerate Physics-Based Digital Twins for Semiconductor Design and Manufacturing Using NVIDIA AI and Accelerated Computing
  • NVIDIA Expands NVIDIA Agent Toolkit With NVIDIA PhysicsNeMo and CUDA-X Libraries to Transform How the World Engineers, Designs and Builds
  • TOESCOIN Announces Engagement with Crypto-Focused Investment Firm

RSS Latest on Block3Wire

  • The Algorithmic Monographs: A Five-Volume Civil Code for the Age of Autonomous Intelligence
  • Ali Sadhik Shaik: Practitioner, Scholar, and Author – Focused on the Governance of Intelligent Systems
  • The Klyrox Protocol: A Decentralized Framework to Close the AI Accountability Gap
  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age

RSS Latest on Meta3Wire

  • The Algorithmic Monographs: A Five-Volume Civil Code for the Age of Autonomous Intelligence
  • Ali Sadhik Shaik: Practitioner, Scholar, and Author – Focused on the Governance of Intelligent Systems
  • The Klyrox Protocol: A Decentralized Framework to Close the AI Accountability Gap
  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Founder’s Note
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Web3Wire Whitepaper | Tokenomics

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!

The Klyrox Protocol | The Algorithmic Monographs

Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News

Media Portfolio: Block3Wire | Meta3Wire

  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.