Is there any downtime or data loss risk during VPS upgrade?

No, when upgrading your VPS to a higher plan (same location), there will not be any downtime or data loss, the only difference would be the new resources limits.

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Do you provide trial period/testing for VPS and dedicated servers?

No we do not. Considering that we need to install the OS and pay colocation fees in advance to...

How long does it take to setup a VPS/Dedicated Server ?

VPS servers are usually activated within 24~48h, while dedicated servers are setup within 48~72h....

Can I run a proxy site on my VPS?

No, SinoHosting does not allow any proxy related service on its VPS.