Shanghai is speeding up the construction of a smart city and a total of 20,000 5G base stations will be built to promote the full coverage of 5G networks in the city by 2020.
Shanghai's GDP reached 3.01 trillion yuan (5 billion) last year with the largest contribution from the tertiary sector, which made up 69 percent of the total.
Shanghai has already formulated plans to transform the Wusongkou Cruise Port into the world's third-largest in terms of passenger trips and create an industrial chain in the city's northern Baoshan district, according to Su Ping, deputy director of Baoshan district.
Shao Quanmao, vice-mayor of Shaoxing, pledged that the local government will create a better business environment and do its best to support the development of the new company.
Shared bikes play a positive role in meeting the public's need for "last mile" transportation, lessening urban transportation pressure and establishing a low-carbon transport network, according to the guideline.
Shake Shack may expand to other cities in southern China and Beijing in the future, he says.
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Shankar Aryal, director general of DoI told Xinhua on Friday that he saw a growing investment pledges from Chinese companies in the areas of hydropower, cement, herbal medicines and tourism sector in recent years.
Shapiro also expressed his views on the future tech trends. In terms of 5G, the hottest buzzword recently, he said: "Advancing 5G-the next generation of wireless connectivity - and increasing available spectrum will revolutionize our world."
Shareholders will not be allowed to interfere in the operation of insurance funds. At the same time, insurance funds must only be managed by registered firms and channel entities are not allowed to step in, according to the guidelines.
Shanghai has kept its position as the city with the largest total trade volume through its port. The container throughput of Shanghai Port, which totaled 43.3 million TEUs (twenty-foot equivalent units) last year, has ranked first in the world for 10 consecutive years, according to the report.