27-06-2022, 02:03 PM
Shanghai's leader declared victory in defending the financial hub against Covid-19. He said the two-month lockdown was "completely correct".
Shanghai "broke the repeated stalemate of the epidemic, realised and consolidated the fruits of dynamic clearance in society, and won the battle to defend Shanghai," Mr Li Qiang said at the city's Communist Party congress on Saturday (June 25), echoing triumphant claims in state media earlier this month.
Mr Li also gave credit "to the important instructions of General Secretary Xi Jinping".
Shanghai eased more of the rules that have curtailed normal daily activity since late March, announcing plans to let restaurants in some areas deemed lower risk resume dine-in services this week.
The city reported just four local cases for Sunday, with two found outside quarantine.
Shares of liquor stocks advanced Monday after the announcement about eateries in the city of 25 million people, helping the consumer staples subgauge rise 2.3 per cent, among the best performers on the CSI 300 Index.
Tsingtao Brewery Co, Wuliangye Yibin Co and Luzhou Laojiao Co all rose at least 3.8 per cent.
The fate of Mr Li, a 62-year-old who once served as a top aide to the president, is being closely watched ahead of a Communist Party meeting later this year at which Mr Xi’s expected to secure a third term in office.
The question is whether Mr Li will get a seat on the seven-member Politburo Standing Committee, the ruling party’s most powerful body, possibly even as premier.
More at https://shrtco.de/bZ8JZ8
Shanghai "broke the repeated stalemate of the epidemic, realised and consolidated the fruits of dynamic clearance in society, and won the battle to defend Shanghai," Mr Li Qiang said at the city's Communist Party congress on Saturday (June 25), echoing triumphant claims in state media earlier this month.
Mr Li also gave credit "to the important instructions of General Secretary Xi Jinping".
Shanghai eased more of the rules that have curtailed normal daily activity since late March, announcing plans to let restaurants in some areas deemed lower risk resume dine-in services this week.
The city reported just four local cases for Sunday, with two found outside quarantine.
Shares of liquor stocks advanced Monday after the announcement about eateries in the city of 25 million people, helping the consumer staples subgauge rise 2.3 per cent, among the best performers on the CSI 300 Index.
Tsingtao Brewery Co, Wuliangye Yibin Co and Luzhou Laojiao Co all rose at least 3.8 per cent.
The fate of Mr Li, a 62-year-old who once served as a top aide to the president, is being closely watched ahead of a Communist Party meeting later this year at which Mr Xi’s expected to secure a third term in office.
The question is whether Mr Li will get a seat on the seven-member Politburo Standing Committee, the ruling party’s most powerful body, possibly even as premier.
More at https://shrtco.de/bZ8JZ8