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Shanghai's total retail sales of consumer goods grew 7.7 percent in the first six months year-on-year, which Tang attributed to the proliferation of Alipay's mobile payment solution and Ele.me, an on-demand food delivery platform owned by Alibaba. Ele.me's daily transaction volume has topped 100 million yuan (.7 million).

She also believes that aircraft leasing is seen as a renowned industry in Ireland, less risky than other industries, so Chinese companies are likely to consider it as a stable return on investment.

Shanghai, where around one-third of families resort to regular domestic service, has taken a range of steps to secure a sufficient supply of nannies, especially those caring for seniors and newborns, for the upcoming Spring Festival.

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Shanghai meets five-year plan goals despite pandemic

Shanahan officially took over the Pentagon early in January as acting US secretary of defense after his predecessor, James Mattis, who resigned on Dec 20 over policy disagreements with Trump, including whether to withdraw US troops from Syria.

Shanghai-London Stock Connect has been developed jointly by Shanghai Stock Exchange and London Stock Exchange Group, with the support of both the Chinese and UK governments and in collaboration with regulatory authorities.

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Several of the biggest companies on the list saw their share prices drop on Friday. They include heavyweights like Kweichow Moutai Co Ltd, the world's largest distiller, automaker SAIC Motor Corp Ltd and consumer appliance giant Midea Group Co Ltd.

Shao's homestay is one of thousands popping up all over the Zhejiang countryside as the region's improved environment and infrastructure attract more wealthy, urban, car-driving Chinese to explore the province's rural areas.

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Shanghai is now home to 222 time-honored brands, 180 of which are of national importance, making it the No 1 among all Chinese cities.

Shanghai Disney Resort concluded its 2018 Disney Inspiration Run on Sept 16, 2018. [Photo provided to chinadaily.com.cn]