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Several minutes later, a 6.0-magnitude quake with the depth at 623 km under sea floor, and is believed to be an aftershock, struck off the province, he said, adding an analysis on the status of the last quake is being undertaken.

She added China's banks issued a total of 1.54 trillion yuan of new loans in June.

Shanghai and Shenzhen are among the world's top five most attractive cities for digital talent, together with Dublin, Santiago and Bangalore, the report showed.

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Shanghai’s research and development capabilities have also been highlighted. An additional eight new R&D centers of multinational companies have settled down in the city in the first half, with the total number of such R&D centers amounting to 434. Among them, 57 are Asia-Pacific or even global R&D centers.

Shanghai's Zhangjiang zone, home to both Ankon and EVCard, has become a hub for numerous innovative businesses, currently estimated to number around 500,000.

She added that stormy weather also affected air routes in the Yangtze River Delta region and Pearl River Delta region, causing massive delays and some cancellations in Shanghai, Guangzhou and Shenzhen.

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Shanghai plans to further relax limits on overseas financial institutions to enable more global players to operate there, and to attract more large firms to set up regional headquarters in the city. For example, more overseas financial institutions will be able to hold a 51 percent stake in joint ventures in pilot programs.

Several observers surveyed by GeekWire?pointed to the need for redundancy in cloud storage as?a key takeaway from the outage.?Redundancy in this case can mean spreading data across multiple regions, so that an outage in one area doesn’t cripple an entire site, or using multiple cloud providers.

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Share price of Hainan Airline Holdings Co Ltd, the carrier owned by HNA Group, rose by the 10 percent daily trading limit to close at 1.76 yuan (25 cents) on Thursday in Shanghai. Shares of HNA Innovation Co Ltd, which engages in the business of tourism and real estate development, also jumped by 10 percent while those of HNA Infrastructure, which offers airport management and infrastructure services, soared by 8.76 percent.

Shares on the benchmark Shanghai Stock Exchange have climbed 19.6 percent over the past year, boosted by the economy's early recovery from the coronavirus pandemic.