Shanghai Stock Exchange launched a center in Guangzhou, capital of Guangdong province, on Friday, to better serve the Guangdong-Hong Kong-Macao Greater Bay Area and deepen supply-side reform in the financial sector.
Shanghai, with its open and healthy business environment, high-quality public services and solid industrial foundation, attracts young talent like magnets, said Zhang Weiwei, director of the China Institute of Fudan University in Shanghai.
Shameem Ahsan, chairman of e-Generation, told Xinhua recently that in the technology sector, China and Chinese companies are now leading globally.
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Share-pledging refers to shares being pledged as collateral for loans. The recent broad decline in the stock market highlighted the risk of large-scale selling of pledged stocks by some listed companies' lenders.
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She added that Mediterranean cuisine has become popular in China as well. Once the China-EU Geographical Indications Agreement takes effect (at the beginning of 2021), many famous Greek agricultural products will have greater access to the Chinese market, she added.
Shanxi Yitong Environmental Energy Technology Group finished construction of its first heating station with an environmentally friendly boiler in late 2017. It plans to put seven more stations into action this winter.
Shanghai ranks No 1 in terms of financial openness and development level of the funding sector. Beijing is the strongest in capital market utilization and capability of talent absorption. Shenzhen, meanwhile, is the most developed in the development of local financial institutions, risk management capability and financial policies.
Shanghai-based startup Flowerplus provides regular flower delivery services directly to customers' homes. The company said it started to expand its offline channels at the beginning of this year. Its brick-and-mortar stores cover Beijing, Shanghai and Shenzhen.