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Shanghai-based smart car developer NIO, considered by some to be "China's Tesla" and launched its NIO ES8 electric SUV model last Sunday.

Several prominent pension fund of funds providers, such as HuaAn Funds and Bosera Funds, have publicly highlighted the use of passive funds, including ETFs, for portfolio construction, due to high efficiency and low transaction costs, the report said.

Several ministry-level departments, including those responsible for education, development and banking, have responded recently to issues of public concern.

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Shareholders who tendered their shares after May 4 received the consideration of 5 per share, and holders of American Depositary Shares, who tendered them after May 4 received per ADS, on Wednesday.

Several months after rolling out a six-wheeled, cooler-sized package delivery robot named Scout to a test area north of Seattle, Amazon is ready to send the little blue bot on a greater journey, to Southern California.

Shanghai will push forward the development of projects worth around 60 billion yuan (.8 billion), including integrated circuits, passenger jet manufacturing and smart internet-connected automobile making, said Chen.

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Severe floods hit the upper and middle reaches of the Yangtze River in recent days, as well as some nearby rivers and lakes.

Shares of Shanghai International Airport Co. rose 0.87 percent to 56.8 yuan on Thursday.

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Shanghai has had several successful projects to move old buildings, including a school in 2009 and a concert hall in 2002.

Shared study space is just one of a bunch of new services that have popped up in recent years in the sharing economy sector in China.