Several low-budget films won unexpected praise in 2017. "Twenty-Two" featuring the tales of 22 comfort women became the first Chinese documentary to surpass 100 million yuan at the box office, and "Seventy-Seven Days," an adventure film targeted at outdoor enthusiasts and young art-lovers, also raked in more than 100 million yuan.
Shares of Baidu rose 8.81 percent in extended trading.
She added the company will reach 2,500 stores by the end of this year to become the country's largest coffee chain operator in terms of number of outlets and cups sold.
Shanghai Rural Commercial Bank said in a statement that it will transform up to 400 of its offline branches to specialize in offering financial services to small and medium private enterprises. By 2020, over 80 percent of its client managers would be focusing on private enterprises.
Shanghai has unveiled its first dedicated artificial intelligence incubator as part of its push to make AI a cornerstone of its industrial transformation.
Shanghai GM, a joint venture between General Motors Company of the United States and SAIC Motor of China, will upgrade the software to eliminate the potential safety hazard, said the statement.
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Shanghai enterprises have expanded to 178 countries and regions, with 70 percent of investment overseas coming from the Shanghai FTZ, according to Shang Yuying, head of the Shanghai Municipal Commission of Commerce, at a press conference Wednesday.
Shanxi is a demonstration province for the development of the general aviation industry in the country. It strives to develop short-distance air traffic to improve its transportation system.
Shanghai borders screened 20 million inbound tourists and 12 million parcels last year and blocked more than 7,000 entries involving 124 dangerous non-native species.
Shangri-La Hotel Beijing said on Tuesday that it has "strict policies" in place regarding cleanliness, and that the recent media reports, which the hotel said it cannot validate, does not reflect their "high standards".