Several retail categories, including tickets, toys a sports/outdoors, also saw five percent gains.
Shanghai Securities News quoted Zhou Weifeng, a fund manager with JIC investment Group, as saying that the Chinese economy is shifting to a new stage of development led by consumption upgrade and technology innovation, so stocks in related areas, including medicine, home decoration, new energy vehicles and industrial automation, may prove good picks.
Shazhou village in Hunan province, where the story of "the half blanket" took place, is becoming prosperous thanks to the development of tourism. Provided To China Daily
Shale gas is natural gas that provides a new clean energy source. In 2011, the State Council of China categorized shale gas as the country's 172nd mineral asset and started to manage the gas as an independent mineral resource. The US started to explore shale gas in the 1980s.
Shanghai-based Yitu Technology, a startup engaged in artificial intelligence and facial recognition technologies, is betting big on AI chips and speeding up the industrial use of AI technologies.
Shares of Amazon hit record highs last week and some analysts think the growth won’t stop for the foreseeable future.
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Shaimergenov congratulated China on the brilliant results it has achieved during the past 40 years, and noted that it has set an example of a developing country becoming the second-largest global economy.
She added the loan balance of Beijing's banks for high-tech companies had totaled 408.9 billion yuan by the end of June.
Shanghai has taken a substantial step in standardizing autonomous driving testing through an international partnership that is expected to catapult the city to the forefront of self-driving equipment development.
Shanahan reaffirmed the US commitment to an independent, sovereign Iraq that is capable of defending itself, the release said.