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Shanxi had been a major focus of the nation's poverty relief campaign, due to its large area of impoverished regions.

Shares of companies authorized to sell duty-free products soared on Wednesday, with the renowned department store Wangfujing Group Co Ltd rising from the daily limit of 10 percent, for the second consecutive day, to close at 49.69 yuan.

Shanghai, which has the oldest population in the country, is taking the lead in this respect, and elderly residents generally feel that they are receiving better social care and welfare than ever before, experts said.

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Shang Yang, an AI analyst at research company Equal Ocean, said: "The United States plays a leading role in algorithm research, while China is a forerunner in terms of the product development and commercialization of technology. Chinese enterprises such as Ping An are good at converting technologies into commercial applications, and then introducing such applications to other countries and regions. Southeast Asian countries are their targets as these countries are usually underdeveloped in AI technology, and their governments are willing to support AI development.

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.

Shanxi Huaxiang Group Co Ltd, Ways Electron Co Ltd, Hangzhou Li-On Microelectronics Co Ltd, Zhejiang Gongdong Medical Technology Co Ltd, Zhongyan Technology Co Ltd, Qingdao Sentury Tire Co Ltd and Hunan Huawen Food Co Ltd will be listed on the A-share market, the China Securities Regulatory Commission said in a statement.

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Shanghai saw rising foreign capital inflows totaling about .67 billion during the first quarter this year, up 4.5 percent year on year. [Photo/Sipa]

Shanxi has vowed to cut the levels of PM2.5 and sulfur dioxide by 40 percent during the period.

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Shanghai-related stocks advanced on Monday as the city's Party chief Han Zheng last Thursday confirmed plans to reinvent its pilot free trade zone as a world-class free port. Experts said such an ambition would be accompanied by plans to further relax import cargo Controls and streamline customs clearance in accordance with international practices.

Shares of Boeing fell .43, or 5.7 percent, to 3.27 on Thursday, but were recovering in after-hours trading.