Shanghai's Huangpu River was dotted with 15 white sailboats on Thursday morning as they sailed across the river to celebrate the 15th Maritime Day, which fell on July 11.After cruising around the river, the sailboats returned to their west side start point, the international passenger transport center in Hongkou district.A series of activities were held on the day, including maritime lectures, maritime culture experience, and a display of Chinese aircraft Liaoning at the People's Square metro station.The celebration culminated with the Yangtze River Delta Shipping Integration Development Forum, during which Shanghai was named fourth among 43 international shipping centers, following Singapore, Hong Kong and London, according to the Xinhua-Baltic International Shipping Center Development Index published on Thursday.
Shanghai-based Gartner Research Director Sandy Shen said that Chinese tech firms were becoming a hot draw for talent globally, given the market fluidity, fast pace and the receptive attitude toward new technologies among Chinese consumers.
Shanghai Disney Resort announced on Monday it would reopen some shopping, dining and recreational establishments around the facility, while Disneyland park will remain closed.
Several sectors like medical, automotive, machinery, consumer electronics and toys are already making use of 3-D printing technologies in China, they said.
Shanghai released a document on Wednesday listing 30 guidelines to boost the sports industry-part of its effort to build itself into a global city of excellence by 2035.
Shanghai alone contributed 110 billion yuan, accounting for 56 percent of total, according to property consultancy JLL.
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Shanghai Electric Group Co Ltd, the power company with over a 100 years' history, is also seeking to expand into overseas markets.
She added that the reduction amounts to a loss of about 5 billion, which is "larger than the size of South Africa's economy."
Shares of smaller US suppliers, which are more dependent on ZTE, pared losses after the news, including optical component makers Acacia Communications Inc, Oclaro Inc and Lumentum Holdings Inc.