Shanghai has set up four alliances to better facilitate procurement and preparatory work for the inaugural China International Import Expo that will be held in the city in November.
Shanghai had the highest minimum monthly wage across China by June, according to the latest national minimum wage standards released by the Ministry of Human Resources and Social Security.
Shanghai topped the other five regions with a minimum monthly wage of 2,480 yuan, followed by Beijing, Guangdong, Tianjin, Jiangsu and Zhejiang.
Seventy-five percent of the money was spent on public transport, and authorities attracted 57.8 billion yuan of investment through public-private partnership and build-operate-transfer modes, it said.
Shanghai-based Ximalaya Inc, owner of a Chinese audio-sharing app that has become popular in recent years, not only provides a large number of books in audio format but allows its millions of users to create and share audio content.
Share of the Seattle company are down more than eight percent in trading today — following news Thursday that Amazon missed analysts’ expectations. Amazon posted a 7 million during the third quarter, or 95 cents per share. Analysts expected a loss of just 74 cents per share.
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Several days later, Finance Minister Liu Kun said the "actual cuts" to the central government's operational costs may exceed 10 percent, leaving only "necessary spending". The Ministry of Finance said "expenditures for providing general public services" will get a close look but did not share clearly defined areas or specific items to trim.
Shanghai United Imaging Healthcare Co Ltd, a company specializing in developing and manufacturing advanced medical products, said it is focusing on its plans to invest 2.2 billion yuan (3 million) in three phases to build the world's largest medical imaging equipment manufacturing plant in southwestern Guizhou province by 2020.
Shared bike companies are cooperating with the government by promoting "smart" parking zones for the bikes.
Shanghai will intensify inspections and introduce smart technology to prevent floods and falling hazards during the flood season this year.