Shao said sales of at least 17 branches would surpass 10 billion yuan in the next three years.
Shanghai Hongqiao Railway Station is one of Asia's biggest traffic hubs in terms of passenger volume, and a showcase for China's railway system. It handles over 60 million passengers every year, with over 330,000 people passing through each day during peak seasons.
Several ports in China, including those in Hebei and Shandong provinces and Tianjin Port, the largest in northern China, stopped receiving coal transported in diesel trucks last year to cut vehicle exhaust emissions and coal is now carried by rail, according to local environmental authorities.
Shanghai Pudong Development Bank was fined more than 58.5 million yuan for 19 offences including allocating too much money raised from WMPs to risky assets.
Shanxi is known for its historical commerce that was developed by the Jinshang merchants, who were said to have dominated commercial circles in North China for about 500 years since the 14th century.
Shan said the museum will work with online booking platforms and mobile apps, as well as digital payment channels such as Alipay and WeChat Wallet.
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Shanghai will roll out a three-year action plan to promote 5G in key industries such as manufacturing, transport, medical care, education, leisure and entertainment and the city's administration.
Shanghai Zhenhua Heavy Industry Co Ltd, the world's largest port machinery manufacturer, plans in the next decade to make automated container terminals a new growth engine of the company, said Song Hailiang, chairman of ZPMC and vice-president of China Communications Construction Co Ltd, during an earlier interview with China Daily.
Shanghai Pharmaceuticals said in a separate statement that the acquisition of Arbor is in line with the company's international development strategy. It will continue to look for acquisition opportunities for high-quality overseas assets.
Shanghai-based food conglomerate Bright Food Group Co has confirmed it will sell the majority of its stake in UK cereal brand Weetabix to US cereal company Post Holdings, the group's spokesman told China Daily on Tuesday.