Shanghai's Zhangjiang Artificial Intelligence Island is stepping up efforts to explore innovative application scenarios by encouraging industry leaders to empower smaller companies in a bid to jointly foster the entire AI industrial chain.
Several ministry-level departments are also making preparations.
Shares of Apple, Amazon, Netflix, Home Depot and Google-parent Alphabet closed higher as the market regained more than half of Monday's loss. Technology and financial stocks also climbed.
Several reasons, including the availability of labor, the cost of manufacturing and the infrastructure in China, have made it a preferred site for American companies for production.
Shanghai's animation industry is estimated to hit 10 billion yuan (.51 billion) in revenue, and the revenue of its online gaming industry will reach 90 billion yuan by 2020, Jiefang Daily reported Tuesday.
She added that the SGR has improved logistics while reducing the cost of transporting bulk goods in the region.
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Several COVID-19 vaccines have already begun phase 3 clinical trials in the United States, including vaccine candidate AZD1222, co-invented by the University of Oxford and its spin-out company Vaccitech, vaccine candidate mRNA-1273, developed by the US National Institute of Allergy and Infectious Diseases (NIAID) and American biotechnology company Moderna, and vaccine candidate BNT162b2, developed by American biopharmaceutical company Pfizer and German company BioNTech.
Shanghai-based Juneyao Airlines became the first privately owned carrier in China to launch an intercontinental direct flight, as the carrier's first air journey between Shanghai and Helsinki, Finland, took off on Friday.
Several US government branches have stopped using DJI's products. The US military stopped using DJI drones in 2017, and the Senate Armed Services Committee agreed to a provision banning future Pentagon purchases of Chinese-made drones.DJI is still the preferred choice of state and local public safety agencies, the company stated in the letter, where it noted how it has helped police in New York and California.
She also called for efforts to upgrade global security governance.