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Technology steps up to the plate in efforts to save the planet - March 05, 2021

Everyone applauds the idea of saving the planet by creating a greener, more sustainable environment. The hard part is achieving that goal. Shanghai has set a goal of becoming a model “green city” of carbon

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China Has Become the World’s Top Destination for FDI, Highlighting Its Resilience - March 03, 2021

According to the latest Global Investment Trends Monitor released at the United Nations Conference on Trade and Development on January 24, the foreign direct investment (FDI) flows to China have seen

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Hongqiao plans duty-free shopping expansion - February 26, 2021

Shanghai Hongqiao International Airport is to apply to expand duty-free shopping places and pilot a tax refund policy. The Hongqiao area will be developed as an international open hub with stronger capacity,

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City aims to be global new-energy vehicle hub - February 26, 2021

Shanghai aims to produce 1.2 million new-energy vehicles by 2025 with output value exceeding 350 billion yuan (US$54.2 billion), accounting for more than 35 percent of the city's automobile manufacturing

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AI robots steal the show during Spring Festival - February 20, 2021

Artificial intelligence (AI) technologies, including four-legged ox robots and virtual and intelligent shopping “guides," shined during the Chinese New Year holiday — used to boost innovation and the

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Official boost for development of Hongqiao - February 20, 2021

The State Council has agreed to a draft guideline submitted by the National Development and Reform Commission for the development of the Hongqiao Central Business District as a latest step toward further

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Banking and insurance sectors helping boost local economy - February 10, 2021

Shanghai’s banking and insurance sector provided strong support and risk guarantees to facilitate healthy development of the local economy in 2020, according to the local regulator. At the end of 2020,

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City to ensure adequate food supply at fair prices during holiday - February 10, 2021

Shanghai authorities are buckling down to ensure adequate food supplies and stable prices during the Spring Festival. The city’s wholesale markets have strengthened links between production and sales

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City's strategic industries output jumps 8.9% - February 10, 2021

Shanghai’s strategic industry output jumped 8.9 percent in 2020 thanks to rapid development in new-energy cars, integrated circuits, artificial intelligence and biomedicine industries, the city’s industry

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Housing market on fire, authorities try to hose down prices - February 06, 2021

Shanghai’s property market blows hot and cold. When the market cools, the government steps in to facilitate homebuying; when it gets frothy, the brakes are applied. On January 21, the city government

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