Stay updated with breaking news from Putuo District. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Experts called on Monday for macroeconomic policy moves to help stabilize market expectations and alleviate businesses' burdens in order to help them cope with any possible shocks brought by the rising prices of raw materials and weakening domestic demand.
The U.S. government has ordered all non-emergency staff at its Shanghai consulate and their families to leave the city due to a surge in Covid cases and lockdowns.
Shanghai residents are on the brink of running out of food and basic necessities after being confined to their homes for more than two weeks - yet China remains adamant over its COVID-zero policy.
China should stick to dynamic zero-COVID policy rather than “lie flat,” said Wu Fan, a leading expert with?Shanghai's?COVID-19 medical team, noting that antivirus measures should be properly followed to tame the virus with the lowest costs.
Shanghai will launch another round of nucleic acid testing and then be divided into three zones to manage the outbreak at the regional level based on the test results and exposure risks, the city's vice mayor Zong Ming said at a news briefing on Saturday.