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Sharing the same district with Beijing's subsidiary administrative center - both in the capital’s east Tongzhou - the theme park has drawn wide public attention after its detailed development plan was released in 2015.

Shares of Walt Disney Co dipped 1.3% after the company said it would lay off about 32,000 workers, up from the 28,000 announced previously. Jobs will be cut mainly at Disney's theme parks.

Shanghai enjoys unique advantages in AI categories such as connected cars, smart manufacturing and medical image recognition, said Mao Junfa, an academician of the Chinese Academy of Sciences. The advantages include having several leading companies for the sectors as well as pilot zones where such technologies can be piloted.

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Shanghai's Zhangjiang Artificial Intelligence Island is stepping up efforts to explore innovative application scenarios by encouraging industry leaders to empower smaller companies in a bid to jointly foster the entire AI industrial chain.

She added, "We lower the bar for the standard of evidence from victims if we find they are likely experiencing domestic violence. We call for judges to help such victims collect evidence in accordance with the law to reduce their burden of proof."

Shanghai's Wusongkou Cruise Port, which is currently Asia's busiest cruise port and the world's fourth largest, expects to double its passenger volume to 5 million passenger trips by 2023, according to Wang Younong, chairman of Shanghai Wusongkou International Cruise Terminal Development.

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Shanghai will commence construction of Phase 4 of the Pudong International Airport, the country's largest aviation hub and the world's third largest in terms of cargo throughput, within this year, Shanghai mayor Ying Yong said.

Sewage disposal facilities are seen in Qingdao, East China's Shandong province in this Feb 23, 2017 file photo. [Photo/VCG]

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Shanghai is expected to see 270 billion yuan (.1 billion) worth of investment in 48 key projects in the "new infrastructure" realm over the next three years as the city aims to move up the global information technology ladder.

Shark Tank star Kevin O’Leary, aka “Mr. Wonderful,” was blown away when he saw Amazon’s agreement to acquire video doorbell maker Ring for a reported price?of more than billion. “I couldn’t believe the price tag,” he said on CNBC this week. “Unbelievable.”