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Shanghai Huali Microelectronics Corp, the city's largest integrated circuit investment project, saw its first lithography machine installed on its 12-inch wafer silicon assembly line on Monday, strengthening China's capacity to manufacture high-end chips.

Shares of Boeing lost .39, or 2.48 percent to settle at S330.28 in trading on the New York Stock Exchange on Wednesday as its biggest supplier said it was having trouble meeting Boeing's demand as it seeks to increase production of its 737 aircraft.

She added that the city has not seen an outflow of capital after the legislation decision. That and the increasing secondary listing of China concept stocks as well as the surge of the local Purchasing Manager's Index in May show investors' confidence in Hong Kong, Lam said.

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Several researchers work at a biopharmaceutical company in a life sciences park in Gu'an, Hebei province. [Photo/Xinhua]

Shao Zhiyong, director of the education bureau in Shanghai's Yangpu district, said: "The guideline has not only identified potential campus security risks but focuses on corresponding prevention measures. It invites the participation of security personnel, parents, lawyers and society for a comprehensive safety risk prevention and control system."

She added that compared with giants in the field, small education startups can focus on education business, which deserve more investment.

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Shanghai's total expenditure on research and development (R&D) accounts for more than 4 percent of its GDP, significantly higher than the national average.

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.

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Shanghai has issued a warning that air pollution is forecast to climb to the severe level on Friday night, and that it will persist until Sunday, the municipal environment and weather authorities said.

Shanghai has reported no new confirmed indigenous COVID-19 cases since March 3, and the government has therefore decided to further downgrade the public health emergency response level according to relevant laws and regulations, the office said.