Shanghai shifts focus to ocean related resources as city taps new seams to maintain high-quality edge in region
Several other measures were published in June, including the expansion of categories of imported exhibits for agricultural and livestock products, and the simplification of export and disposal procedures for exhibits after the expo.
Shares of China Unicom rose by 10 percent, the daily trading limit, to 8.22 yuan per share right after trading resumed Monday morning after months of suspension.
Shanghai's goal of becoming an international financial center will depend on technologies such as blockchain, mobile payments, credit scoring and financial risk controls provided by Ant Financial.
Shares of Microsoft Corp, Walmart Inc and Oracle Corp — all contenders for TikTok's US assets — fell Monday as China's new rules around tech exports mean a deal with TikTok owner ByteDance could require Beijing's approval.
Shanghai Mayor Ying Yong said that one of the major purposes of holding the exposition is to enhance Chinese domestic brands' global awareness and influence.
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Shao Yu, cheif economist of Orient Securities Company Limited, said, "The [government work] report has sent a clear message that the government will strengthen supervision over shadow banking, Internet finance, and financial holding companies. I'm looking forward to seeing local governments and law enforcement departments implement their work."
Shanghai's reputation for manufacturing can only be maintained through consistent research and development, technological upgrades and investment, Wu said.
She added the bridge over the Yuzhao Pond is the only cross-shaped bridge in China.
Shares of Ford Motor Co. slipped early Monday.