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Shanghai has set a growth target of 70 percent in tourism revenues over the next five years to 2015, local authorities said on Feb 17.
The trade volume of Shanghai's housing market slumped 40 percent on the first day of a new local property tax, and transaction volumes fell further over the weekend, according to figures from the Shanghai Real Estate Trade Center.
China's Ministry of Education has approved a plan by the United States-based New York University (NYU) to open a separate, full degree-granting campus in Shanghai in the coming years.
A senior housing official in this coastal municipality said on Sunday that the government will not reclaim residential lands after their leases expire.
This eastern financial hub aims to achieve an 8-percent annual GDP growth rate over the next five years while ensuring residents' incomes keep pace, said Shanghai mayor.
Australian mineral explorer Aurox Resources Ltd is planning to sell a 50 percent stake in its A$1.3 billion ($1.2 billion) Balla Balla magnetite iron ore mine to a Chinese partner to help fund the project.
TAIPEI: Tingyi (Caymen Islands) Holding Corp plans to raise as much as NT$17.1 billion ($532 million) in Taiwan depository receipts, the biggest offering by an overseas Taiwanese company returning to the island's stock market.
Polar icebreaker Snow Dragon arrives in Antarctic
Xi's vision on shared future for humanity
UN's top environmental honors go to three in China
German trains collide near Duesseldorf, several people injured
China beats Germany 7-4 in men's curling Olympic qualification
Bayern beat Paris Saint-Germain 3-1 in UEFA Champions League
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