Shares of Amazon are down more than?10 percent in after-hours trading today after the Seattle tech giant missed analyst expectations for profit and revenue during the 2015 holiday quarter.
She adds that, under the framework of the Belt and Road Initiative, Chinese-funded enterprises have provided more job opportunities in Africa.
Shanghai denizens walk past the skyscrapers of the city's Lujiazui financial district on May 16. [Photo/Agencies]
Shanghai should better connect domestic and international markets in order to improve its high-quality development and facilitate China's deepened round of reform and opening-up, according to the proposed new five-year plan and development goals for 2035 released on Thursday.
Shanghai is now home to some 50,000 overseas companies, the highest number of foreign firms among all cities on the Chinese mainland.
Shanghai K11 Art Mall. [Photo provided to China Daily]
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Shan Jixiang, former director of the Palace Museum who retired last year, had proposed the moving of all parking lots out of the museum compound when he was in office. However, no specific measures have been taken yet in this direction.
Shares of Hong Kong-listed CR Beer closed 0.99 percent lower at HK.1 per share on Friday, with a peak of HK.15 during the day's trading.
Shanghai's justice authority said it will encourage domestic law firms to cooperate more with firms outside the Chinese mainland to achieve the city's goal of an all-around, multilayered platform by 2020 for legal services in cases involving foreign parties.
Shanghai's proposed 14th Five-Year Plan (2021-25) says that high quality will be the highlight of its future economic development through strengthening the city's four major functions-allocating global resources, initiating technological innovation, leading development of high-end industries and opening up as a hub. Those functions were stressed by President Xi Jinping during his visit to Shanghai in November 2019.