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China to help Shanghai auto and chip sectors recover from lockdown

Drugmakers also among key businesses covered in plan to revive economic activity

A worker at an SAIC Motor-Volkswagen plant in Shanghai in 2019. The Chinese automaker has paused production in the city.   © Reuters

BEIJING/SHANGHAI -- China will assist automakers, chip producers and other key businesses in getting back on track from the lockdown in Shanghai as protracted coronavirus-related restrictions squeeze economic activity in the country's commercial and financial hub.

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