Shanghai Stock Exchange got approval earlier in July for the bond pilot. On July 6, Zhejiang province and the Inner Mongolia autonomous region successfully issued local government bonds on the stock exchange.
Shanghai has highlighted the development of biomedicine as a strategically important sector in its ambition to become a global hub of science and innovation. Zhangjiang is China's first biopharmaceutical hub that is currently incubating more than 400 biomedicine companies.
Shang Zhiqiang, deputy director general of the Inner Mongolia Department of Commerce, said Guangdong, which borders Hong Kong and Macao, is one of the country's economic powerhouses and has rich experience using offshore investment and seeking Sino-foreign cooperation.
Shares of Hainan Airlines opened flat at 1.93 yuan Wednesday in Shanghai.
Shanghai is aiming to become a smart city with a wide application of technologies such as big data, IoT and artificial intelligence by 2040. This goal has presented a host of business opportunities for companies across all industries.
Sharon Hanna
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Shanghai ranks first among Chinese cities in preparedness to manage financial uncertainty, according to a survey of 17 major business centers in the Asia-Pacific region.
Shanghai-based China Eastern Airlines will become the first carrier globally to use 5G networks after it starts pilot operations for the same at the newly opened Beijing Daxing International Airport. Such a move will help the airline to provide smarter services such as facial recognition for check-ins and boarding.
Shaoxing lies in the southern part of the Yangtze River Delta region. The time-honored and economically prosperous city is the hometown of many outstanding people, including Wang Xizhi, the most prominent figure in the history of Chinese calligraphy, and Lu Xun, one of the most influential Chinese writers.
Several decades ago, it took 15 days to transport goods from downtown Chongqing to Wulong - by boat to Fuling via the Yangtze River, and then on via the Wujiang River. People then carried the goods to the county's mountain villages.