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Several days later, Finance Minister Liu Kun said the "actual cuts" to the central government's operational costs may exceed 10 percent, leaving only "necessary spending". The Ministry of Finance said "expenditures for providing general public services" will get a close look but did not share clearly defined areas or specific items to trim.

Shares of Poly retreated 0.1 percent to 10.07 yuan at Tuesday's close.

Shares of consumer-oriented technology and macroeconomy-sensitive companies are expected to sustain the rally on the Chinese mainland bourses, thanks to the extended policy support from the government and improved corporate earnings, experts said on Tuesday.

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Several of the states that have named the Sacklers as defendants allege that the family has drained billions of dollars from the company since 2007, the year Purdue paid a 5 million fine to settle federal criminal and civil cases charging that it has improperly branded OxyContin.

Shanghai was an important birthplace of China's domestic industry in modern times, and created numerous Chinese brands known for classic quality products.

Several GOP-controlled states are pushing abortion bans in an attack on the high court's 1973 Roe v. Wade ruling that legalized abortion nationwide.

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Shanghai has around 170,000 foreign residents.

Shanghai on Nov 7 released a map outlining the characteristics and resources of its 16 districts so as to give investors a better understanding of the city's existing industries.

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Shanghai officially launched a comprehensive portal for administrative services in October 2018, which applied technologies such as blockchain, AI and big data.

Shanghai Hongqiao Railway Station became the first railway station built upon the 5G digital indoor system after China Mobile Shanghai and Huawei Technologies Co Ltd partnered to launch the network's deployment there on Monday.