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Shanghai issued this year’s first yellow alert for high temperature on Tuesday, which also marked the start of the hottest period of summer according to the Chinese lunar calendar.

Shandong Provincial High People's Court overturned original judgment and has sentenced the man who was convicted for life for stabbing four debt collectors to five years on Friday.

Shanghai has seen a sharp decline in the use of disposable items in the accommodation and food delivery sectors since the city's regulation on waste treatment took effect a month ago.

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Shanghai Rural Commercial Bank said in a statement that it will transform up to 400 of its offline branches to specialize in offering financial services to small and medium private enterprises. By 2020, over 80 percent of its client managers would be focusing on private enterprises.

Shanghai has since 2013 adopted similar practices during autumn when fallen yellow leaves create a visual spectacle on the streets.

Several newly opened lines at the end of last year also eased pressure for the travel rush, China Securities Journal said. The nation's total operation length for the railways extended to over 131,000 kilometers, with more than 29,000 km for high-speed rails, official data showed.

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Shareholders also approved the appointment of French alliance partner Renault SA's chairman Jean-Dominique Senard to replace Ghosn. Renault owns 43 percent of Nissan.

Shanghai Disney Resort will build the world's first Zootopia-themed land, featuring characters and stories from one of The Walt Disney Co's newest and most popular animated films, Zootopia.

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Shanghai has outshined all the other cities in terms of real estate preparedness, boasting low cost volatility and a robust pipeline of new office space.

Shares of JD.com soared 12.44 percent on Monday, leading the gainers in the top 10 stocks by weight in the S&P US Listed China 50 index.