Similarly, British Museum's revenue from merchandise reached about 0 million in 2015. Without entrance fee, a large part of its revenue comes from cultural and creative products.
Shenzhen has been at the forefront of China's reform and opening-up, leading to an impressive economic takeoff that left behind a very precarious economy with cheap manufacturing and assembly to become a center of innovation rivaling Silicon Valley, and a bustling financial center, said Giusto.
Shopping centers that host supermarkets for daily necessity supplies will continue to play a big role in offering convenience and friendly shopping services among local residents, the report said.
Shu was also fined 50 million yuan (.2 million), Wuqing District People’s Court in Tianjin said in its ruling.
Shenzhen-based Skyworth's Coocaa system is fully integrated with Baidu Inc's DuerOS conversation-based AI system, for the joint development of technology, content, data and operation.
Since 2015, the giant property developer has been diversifying its portfolio in sports, in addition to film and hotel businesses, by completing a group of high-profile acquisitions of world-class sports assets. It is now a top event organizer in triathlon, mountain biking and running events, the filing said.
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Shenzhen's Center for Disease Control and Prevention announced in early July that the city was experiencing a serious shortage of DPT (diphtheria-pertussis-tetanus) vaccines, which fell 175,000 doses short of demand. Supplies also couldn't meet the demand for other category 1 vaccines, including those for leprosy, Japanese encephalitis (JE) and epidemic cerebrospinal meningitis group A and C.
Similar changes are also taking place in Shanghai.
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Sherry Xie, the online sales manager of Kaimen, noted that consumers in China today no longer view price as the top priority when buying products, but instead look out for quality, design, safety and sustainability.