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Bucking the national trend, Shanghai has managed to attract more foreign investment and also offer a higher rate of return for investments, according to a white paper released by the local authorities on Tuesday.
The jobs market in Shanghai is currently stable but the effects of the global economic slowdown will be clear to see in the early part of next year, a spokesman for the municipal government said Tuesday.
Construction of a new railway station in Hangzhou began over the weekend, the Ministry of Railways said in a news release on Monday.
In 1978, combined imports and exports through the port city of Yantai totaled only $26 million. Thirty years later, the figure has increased by 1,000 times - this year it is projected to surpass $27 billion.
"For 30 years, Qingdao has danced with the world, met great economic partners and made tremendous social progress," said Xia Geng, mayor of Qingdao.
The city of Yantai, China's top producer of wine, is becoming increasingly well-known internationally as a home to quality appellations.
Top talent approved by the Shenzhen government will receive housing subsidies and enjoy other favorable policies, the municipal personnel bureau said Friday.
The command center that is in charge Beijing's railway dispatching system was put into use Friday, Liu Xiaoming, director of the Beijing Municipal Committee of Communications, announced at the center's launch ceremony.
The provincial capital of Guangdong has made significant progress in urban forestation as it developed its vibrant and now-renowned economy.
China's largest crude oil storage tanks, located in Shanshan county, the Xinjiang Uygur autonomous region, have started operation, said sources with Xinjiang Oilfield Corporation, a subsidiary of China National Petroleum Corporation (CNPC).
China's economy has made tremendous achievements since the reform and opening-up policy that began some 30 years ago. Shanghai, the country's financial hub on the front line in the opening up, has undoubtedly become a major engine of domestic economic growth, helping propel in the whole country. Today's Shanghai is a prosperous city full of vigor and with an abundance of development.
The northeastern port city launched new policies to lure talents to boost its software and service outsourcing sector.