Shandong has invested 6.95 billion yuan (about .02 billion) this year to construct 5G infrastructure and its application, said Zhang Hongyi, director of Shandong Communications Administration.
Shanghai rolled out its financial opening-up policies in mid-May in fields including banking, securities, insurance, financial markets and free trade accounts. The opening-up has also touched upon policies for bank-card clearing institutions and nonbank payment institutions.
Shanghai rolled out its first batch of favorable policies to attract regional headquarters in 2002. In late July, the municipal government introduced another 30 policies to further facilitate the development of regional headquarters. The policies took effect on Sept 1.
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Shanghai is no stranger to jazz. The music genre was wildly popular in the city in the 1920s when the domestic entertainment industry was flourishing. Jazz has since been an indispensable part of local culture.
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Sha Zukang, a former United Nations undersecretary-general for economic and social affairs, and honorary chairman of the International Green Economy Association, made the remarks at a green economy forum during the ongoing China International Fair for Trade in Services in Beijing.
Shanghai enterprises have expanded to 178 countries and regions, with 70 percent of investment overseas coming from the Shanghai FTZ, according to Shang Yuying, head of the Shanghai Municipal Commission of Commerce, at a press conference Wednesday.
Shares of home appliance companies such as Qingdao Haier Co Ltd, Gree Electric Appliances Inc of Zhuhai and Midea Group Co Ltd were popular targets of investors.
Shay added: "The holiday season has grown far beyond the period between Thanksgiving and Christmas. Thanksgiving is still a hallmark of the season, and there's billions of dollars in shopping still to come."