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Several hours before the PBOC meeting, the US Federal Reserve implemented an emergency rate cut of 0.5 percentage point, the largest cut since the 2008 financial crisis, to help calm financial markets and stabilize the economy as the outbreak spreads to more parts of the world.

Shanahan also noted some "destabilizing activities" in Asia and emphasized the US's military presence and commitment in the region. He called for more communication between the US and Chinese militaries to settle their differences and build a constructive relationship.

Shanghai will launch a local snack festival on May 15 and 4,700 restaurants across the city will be offering discounts during this special period.

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She added, “We’re always innovating on behalf of our customers and shoppers consistently tell us that they value reviews from other shoppers who they know have purchased the product on Amazon.”

Shanghai will offer proper funding, favorable policies and a better business environment to further boost the private sector, city mayor Ying Yong told Xinhua News Agency in an interview published on Thursday.

Shanghai recorded the highest per capita disposable personal income in the first half of 2018, Ecns.cn reported on Tuesday.

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Shanghai Disney Resort said on Wednesday it has officially implemented its new food policy for guests and adjusted security screening procedures for a more pleasant visit.

Shares of Guoxuan High-Tech jumped 6 percent in Shenzhen trading after the report, more than doubling its gain for the year. The company provides batteries for Chinese car manufacturers, including BAIC and Geely.

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Shang Fei, 37, from Beijing, opened a home party space in 2011 for consumers to play board games and sing karaoke. In 2016, he closed it and founded a hot-pot brand.

Shandong has the second-largest built area of 4,609 square kilometers, and Jiangsu, the third, has 4,189 square kilometers.