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Shanghai rolled out its financial opening-up policies in mid-May in fields including banking, securities, insurance, financial markets and free trade accounts. The opening-up has also touched upon policies for bank-card clearing institutions and nonbank payment institutions.

Shares of Fengfan rose by 4.7 percent to 34.94 yuan by midday Friday.

Several primary roads, including the Panamericana Sur, or South Pan-American Highway, sustained damage, temporarily blocking or restricting the flow of vehicles, and electricity was disrupted in a few communities.

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Sharif said that China's adoption of new policies on rural-urban migration is worth being emulated by cities and towns globally.

She added that her son likes playing soccer and has been training at youth clubs in Hunan province since he was 5 years old. This year, due to the temporary shutdown of outdoor training after the coronavirus outbreak, Lu Shu has been forced to exercise at home.

Shanghai-based startup Flowerplus provides regular flower delivery services directly to customers' homes. The company said it started to expand its offline channels at the beginning of this year. Its brick-and-mortar stores cover Beijing, Shanghai and Shenzhen.

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Shared future for mankind

Shanghai is speeding up the construction of a smart city and a total of 20,000 5G base stations will be built to promote the full coverage of 5G networks in the city by 2020.

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Shares of Hong Kong-listed Tongda Group, a consumer electronic casing maker, surged at one point by 6.22 percent to HK.22 (28 cents) on Monday.

Shanghai's advantage also lies in its function as a core city in the affluent Yangtze River Delta region and that a rising number of its younger generation who once studied or lived abroad would like to have the kind of healthcare services that they experienced overseas, Loo said.