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The molecule shows remarkable potency in selectively targeting sGBM tumors and those displaying further gene mutations.

The municipal government of Shanghai said it will make Pudong New Area contribute more to the high quality development of the nation and achieve the goal of 2 trillion yuan (0.7 billion) GDP (gross domestic product) in seven years, official sources said on Tuesday.

The move is expected to release about 1.38 trillion yuan of funds for commercial banks, said Ming Ming, an analyst with CITIC Securities.

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The move came as part of the country's decade-long efforts to deepen offshore renminbi pool by offering diversified investment products.

The narrow measure of money supply (M1), which covers cash in circulation plus demand deposits, rose 6 percent year-on-year at the end of May, down from 7.2 percent at the end of April.

The narrow measure of the money supply (M1), which covers cash in circulation plus demand deposits, came in at 60.13 trillion yuan by the end of August, up 8 percent from last year.

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The money will be used to evacuate people affected by typhoon Maria in Fujian and Zhejiang provinces and people affected by rain-induced floods in Jiangxi province, to serve as living allowances for people affected by the disasters in the three provinces, and to rebuild their toppled and damaged houses.

The most active iron ore future on the Dalian Commodity Exchange, for delivery in September, slumped 5.85 percent to 829.5 yuan (0) a metric ton at closing. The lowest price during Friday's trade was 816 yuan a ton.

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The move came after Honor outperformed its target for 2019 in China and posted growth in overseas markets despite the curbs from the US government.

The move comes as the nation grapples with a serious labor crunch caused by its rapidly aging and shrinking society.