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Shanghai Securities News quoted Zhou Weifeng, a fund manager with JIC investment Group, as saying that the Chinese economy is shifting to a new stage of development led by consumption upgrade and technology innovation, so stocks in related areas, including medicine, home decoration, new energy vehicles and industrial automation, may prove good picks.

Shanghai and Tianjin have drafted regulations on shared bike companies. The rules specify a service life of three years for the bikes and demand that companies hire at least one maintenance employee for every 200 bikes.

Shanghai-based biopharmaceutical company Junshi Biosciences announced on Sunday its SARS-CoV-2 neutralizing antibody, named JS016, has entered clinical trials at Huashan Hospital Affiliated to Fudan University. Junshi and United States-based Eli Lilly and Co are collaborating to co-develop JS016 globally, with Junshi leading clinical development in China and Lilly leading clinical development in the rest of the world.

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Seventeen children and nine adults at an elementary school in Cudahy, located in the southeast of Los Angeles County, were treated for minor injuries, according to the Los Angeles County Fire Department. No one was taken to a hospital, and no evacuations were initiated.

Shanghai grabbed the second spot on the list of most favorite cities among Chinese graduates due to its convenient transportation, and high-quality education and medical services.

Shanghai's reputation for manufacturing can only be maintained through consistent research and development, technological upgrades and investment, Wu said.

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Shanghai has adopted the facial recognition technology to assist with various traffic violations including jaywalking and driving in the wrong direction.

Shantha Bloemen, Mobility Africa's principal director and founder, said the tricycles were being assembled locally and although they would initially be costly, their cost was expected to go down with increased production.

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Shale gas production reached 10.3 billion cubic meters, followed by coalbed methane with 5.6 billion cubic meters and coal gas with 2.8 billion cubic meters, up 1.3 billion, 1.3 billion and 0.6 billion cubic meters respectively year-on-year.

Shanghai will keep introducing and implementing more opening-up policies as it continues to make a name for itself as a key global investment choice, according to municipal authorities.