The Shanghai Financial Court, which specializes in finance-related lawsuits and is the first of its kind in China, began operating on Monday. The new institution is meant to provide a better business environment for investors from home and abroad, officials said.
Shanghai has demonstrated its determination to accelerate its digital push and outrank peer cities in the digital economy through two major agreements with Chinese internet giants.
Industry insiders said the gas shortage that hit China last winter is unlikely to reoccur this year, thanks to rising competition among domestic suppliers, a more open and liberalized domestic gas sector and more international supply agreements.
STOCK INDICES
Shanghai Composite 3199.16 0.45% 14/02
Shenzhen Composite 10431.91 0.67% 14/02
Hang Seng 30515.60 2.27% 14/02
Nikkei Average 17103.53 0.18% 14/02
Dow Jones 24640.45 0.16% 13/02
Nasdaq 7013.51 0.45% 13/02
TEDA: Enabling funding for China
Cities, governments and industrial parks the world over are rushing to create tech industry hubs.
Baidu
Robin Li passed Wang Jianlin as the richest man in China today by just $64 million, according to the Bloomberg Billionaire Index.
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