BEIJING (Bloomberg): China's President Xi Jinping called for increased efforts to develop the Yangtze River Delta region as part of the government's push to boost the domestic market amid a weak global economy and rising tensions with the US.
The region, which includes Shanghai, and the provinces of Jiangsu, Zhejiang and Anhui, should utilise global talent and businesses to create a new development model, Xi said at a meeting with local officials on Thursday (Aug 20).
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