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Several hotel owners agreed to his proposal.

Shanghai Xiaoi Robot Technology Co Ltd, which is into artificial intelligence, aims to go public in 2019.

Shanghai-based enterprises are also well-positioned to expand their businesses to 178 countries and regions. Notably, the trading of goods with countries along the Belt and Road Initiative account for one-fifth of the city's overall import and export volume.

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Shanghai shifts focus to ocean related resources as city taps new seams to maintain high-quality edge in region

Several well-known foreign investors are ready to enter the Chinese financial market, a swift response to the country's vow to accelerate opening-up and the reflection of an optimistic outlook on the stability of the world's second-largest economy, according to central bank officials.

Shanghai has formed an artificial intelligence industrial alliance dedicated to "resources matchmaking" as the city gears up to become a global leader in pioneering the latest AI practices.

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Several opportunities have arisen from China's early recovery from the COVID-19 epidemic and the government's policies to encourage innovation, investment and foreign trade activities, they said. Both State-owned enterprises and private companies have significantly deployed capital and manpower on research and development to further compete with established global rivals, said Ning Gaoning, chairman of Sinochem Group Co Ltd, a Beijing-headquartered centrally-administrated SOE.

Shares of UPS and Fedex were both down this morning. Bloomberg cited analyst estimates that Amazon accounts for 5 to 10 percent of UPS revenue, and FedEx has said the retail giant makes up less than 3 percent of sales.

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Seventy-nine percent of the surveyed said they are concerned that they or someone they know will be infected, up from last week's 66 percent.

Share-pledging refers to shares being pledged as collateral for loans. The recent broad decline in the stock market highlighted the risk of large-scale selling of pledged stocks by some listed companies' lenders.