Shares of Micron Technology Inc, which gets 13 percent of its business from Huawei, were down 4 percent. Broadcom, which depends on Huawei for 5.3 percent of its revenue, fell 6 percent. Qualcomm, reliant on Huawei for 2.6 percent of sales, also dropped 6 percent.
Shanghai authorities released a management guideline on Tuesday for Lingang to facilitate overseas investment, commodity and capital flows, transportation, employment and information exchanges.
Several ministry-level departments, including those for industry and information technology, healthcare security, and finance, have responded recently to issues of public concern.
Shan became director when the museum was beset by controversies, including a crowding problem, a burglary and a case of someone damaging its exhibits.
Shanghai Hongqiao Railway Station is one of Asia's biggest traffic hubs in terms of passenger volume, and a showcase for China's railway system. It handles over 60 million passengers every year, with over 330,000 people passing through each day during peak seasons.
Shandong plans to build a platform for high-end industrial cooperation between China and Japan and improve its trade facilitation services. Measures will be implemented to encourage Japanese enterprises to invest in Shandong and promote port cooperation between the two sides, Liu added.
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Shanghai Party Secretary Li Qiang said that globally well-known brands cannot be built in haste. The government will help local companies better establish their brands overseas, taking advantage of the China (Shanghai) Pilot Free Trade Zone, to allow local companies to access the world's mid to high-end value chain.
Several ministries and commissions, including the Cyberspace Administration of China, the Ministry of Agriculture and Rural Affairs, and the National Health Commission, will launch a series of policies on industrial informatization and digital economic development at the event.
Shanghai will also pull in strength to promote the construction of hard X-ray infrastructure and next generation of photon science facilities, among others, to support the development of integrated circuits, artificial intelligence and biomedicine, which the city has upheld as the three core strategic industries.
Shanghai also plans to complete the construction of "four international centers"-those for economy, finance, trade and shipping, which were put forward in the mid-2000s, Ying said.