The Shanghai Composite Index dropped 0.91 percent to close at 3,246.1 points on Friday. The Shenzhen Component Index declined by 1.26 percent, while the ChiNext startup index fell by 1.2 percent.
The Shanghai Financial Court. [Photo provided to chinadaily.com.cn]
The State-owned company will actively promote overseas projects using Hualong One technology, a domestically developed third-generation reactor design, said Yu Jianfeng, its chairman.
The Tibet Ningsuan Technology Group, with an investment of more than 11.8 billion yuan, is building the world's highest big data center in Lhasa, the regional capital.
The Shaolin Temple performers have toured the world since their appearance at the 2008 Beijing Olympics. Photo provided to China Daily
The Shanghai municipal government on Monday released a 23-point action plan to develop the city's "online new economy", which employs technologies like artificial intelligence, 5G networks and big data to transform and empower traditional industries. The bevvy of measures is aimed at transforming the metropolis into a budding highland with global influence and national superiority by 2022 by prioritizing four goals and identifying 12 key industries for development. Under the "Four 100+" initiative, Shanghai is aiming to foster over 100 innovative enterprises, roll out over 100 application scenarios, nurture over 100 brands and achieve over 100 key technological breakthroughs, said Wu Jincheng, chair of the Shanghai Municipal Commission of Economy and Informatization, a key industrial development planner. A total of 12 sectors under the auspice of the plan are given priority, including industrial internet, consumer-facing fresh produce e-retailing, online education, online finance and telemedicine.To ensure smooth implementation of the plan, local authorities have pledged to launch six dedicated initiatives and introduce five measures to construct ecosystem parks that will bolster its development.
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The Shanghai government said on Friday that Shanghai Disneyland will be closed from Saturday.
The Three Gorges Reservoir in Central China's Hubei province is likely to embrace the largest flood in its history on Thursday because of sustained heavy rain, the Ministry of Water Resources said.
The State Council Taiwan Affairs Office confirmed on March 29 that Lee had been detained on suspicion of harming national security. In April, the office also accused Taiwan of harming cross-Straits relations by playing up Lee's case.
The Shapingba District People's Court in Chongqing heard that in the incident which occurred in March this year, Feng grabbed the steering wheel and the bus driver's arm in a burst of anger after the driver declined his request to pull over.