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Shao said the Belt and Road has offered chances to "bring competitors together".

Shanxi, Yunnan, Guangdong and Guizhou took similar measures recently, with local authorities beefing up efforts to coordinate with relevant departments to help companies resolve difficulties in getting employees back to work, reviving industrial chains and ensuring smooth logistics.

Shanghai Ballet will make its debut at the Lincoln Center in New York with four performances of Swan Lake from Jan 17 to 19.

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Shares carrying the "special treatment" tag sank on Monday as the central authorities clarified rules for delisting aimed at improving market compliance.

Share prices of EV makers including Tesla Inc and Nio Inc have surged in recent months.

Shares of NetEase rose 1.5 percent to 5.87 Wednesday in New York.

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She added that the tariffs could lead to a smaller economy and fewer jobs by increasing the prices that US companies pay for imports, which include things like parts and materials used to make finished products. Higher prices reduce the return to labor and capital, which would incentivize Americans to work and invest less, leading to lower output.

Shanghai-based HiSilicon, the chip arm of Huawei Technologies Co, said it has already started work, with most employees engaged in remote work. The company said it is pouring in resources to maintain normal operations while preventing its employees from getting infected by the virus.

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Shanghai Party Secretary Li Qiang said that the functions of a megacity like Shanghai go far beyond what is required within the city itself. Shanghai's role involves a wider area, including participation in global cooperation and competition on behalf of the country, Li said.

Shanghai's Party secretary Li Qiang said at the Lujiazui Forum last month that the launch of the STAR Market has not only brought together financial capital and technological innovation but provided a key opportunity to build the city into an international financial center.