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Shanghai-listed Joyson announced on Monday that its wholly owned subsidiary KSS Holdings Inc had signed a memorandum of understanding with Takata to acquire the latter's assets, excluding its ammonium nitrate propellant business.

Shanghai's Hakkasan is a relative newcomer to the city's competitive dining scene, but it enjoys a big boost from a corporate parent that knows how to deliver an elegant experience, Mike Peters reports.

Shanghai was also a national pioneer in approving expats' work permits at the district level and for establishing a dual-level network for management of and services for expats that has gradually formed at the city and district levels.

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Shamshad Akhtar, former under-secretary-general of the United Nations and former executive director of the Economic and Social Commission for Asia and the Pacific, made the remarks during the Global Think Tank Webinar.

Shares of Boeing lost .39, or 2.48 percent to settle at S330.28 in trading on the New York Stock Exchange on Wednesday as its biggest supplier said it was having trouble meeting Boeing's demand as it seeks to increase production of its 737 aircraft.

Shanghai, with a per-capita disposable income of 36,577 yuan and Beijing, with 34,573 yuan, are the two regions with the most advanced modern service industries. They saw the highest concentration in terms of industries such as information transmission, software and IT technical services, finance, scientific research and technical services in the country. These industries carry the highest incomes in recent years in China.

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Shanghai and Tianjin have drafted regulations on shared bike companies. The rules specify a service life of three years for the bikes and demand that companies hire at least one maintenance employee for every 200 bikes.

Several Democratic contenders for the White House, including New York Mayor Bill de Blasio, condemned the decisions.

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Shang Yuying, director of the Shanghai Municipal Commission of Commerce, said the city has so far signed cooperation agreements with 23 countries and regions that are a part of the initiative, which has become a major factor behind the increase in Shanghai's trading activity.

Several weeks ago, Wu's teachers and classmates at Renmin University visited her, offering her assistance on updating her job-hunting and interviewing skills.