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Shanghai's latest plan targets to turn district into global business, trade center

Shanghai had announced a three-year plan earlier this year to build the four brands of the city — services, manufacturing, shopping and culture — to become a shopping hub that will offer the world’s trendiest and most value-for-money products.

Several towns including Yingli, Shangkou and Jitai have finished the work, allowing displaced residents to gradually head home, the authorities said.

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Several people in Kyushu, the country's third-largest island, were reported injured by the heavy storm.

Shanghai has announced a batch of new measures to deepen reform, further opening-up, technological innovation, industrial upgrading and modern urbanization of the Pudong New Area, and strives to double the area's GDP to 2 trillion yuan by the area's 35th anniversary of opening up, said Ma Chunlei, deputy secretary-general of the Shanghai Municipal Government and director of the city's Development and Reform Commission.

Shanghai saw rising foreign capital inflows totaling about .67 billion during the first quarter this year, up 4.5 percent year on year. [Photo/Sipa]

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Shanghai launched its first 5G industrial park on Thursday to boost the development of the superfast technology and intelligent manufacturing.

Shares of Athene and Ares were little changed. Bank of America Corp, FT Partners, Citigroup Inc and Lazard Ltd advised members of the buyer group. The law firms were Winston & Strawn LLP, Hogan Lovells US LLP, Debevoise & Plimpton LLP and Sullivan & Cromwell LLP.

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Sexton, from Emory University School of Medicine, said: "Getting a flu vaccine is very helpful. If people are sick with respiratory symptoms, they should put on a mask in a healthcare waiting room to avoid infecting others."

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.