Shanghai-based conglomerate Fosun also invested in acquiring stakes in aesthetic medical equipment and material suppliers, aesthetic medical information providers, and aesthetic medical clinics-in a bid to profit from the fast-growing market throughout the entire value chain.
Shang said China Mobile has already participated in setting up 5G international standards, and established a 5G joint innovation center, adding it will ramp up efforts to develop 5G key technologies and promote innovative applications related to 5G.
Shanghai's download speed of fixed broadband network reached 41.95 Mbit/s in the third quarter this year, while Beijing and Tianjin's were 40.4 Mbit/s and 39.54 Mbit/s, respectively, in the same period, according to a report on broadband rates in China.
Shanghai residents have made special visits to Shanghai Peace Park in recent days to bid adieu to the more than 30 kinds of animals living on the park's animal island, which the park plans to close for reconstruction on Dec 30.
Shanahan, in his job as deputy defense secretary, has largely focused on internal Pentagon reform and issues like the creation of a Space Force, a project championed by Trump but resisted by some lawmakers and some in the Pentagon.
Shares of ZTE in Shenzhen also surged by the maximum daily 10 percent following the announcement of the news. The telecom equipment and smartphone maker ceased most of its operations in April after the US government imposed a seven-year ban on its purchase of crucial US technologies, including chips, for allegedly violating sanctions to export goods to Iran.
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Shanxi Coking Coal, for instance, developed 44 projects in emerging industries with a total investment of 12.84 billion yuan. Its newly developed business sectors cover logistics and big data.
Shares in steel and wine industry led the losses.
Shanahan, 56, was thrust into the role in an acting capacity in January, after Jim Mattis abruptly resigned over policy differences with Trump.
She Zhending (second right) and his colleague check the quality of an artificial skin product at his company's laboratory in Shenzhen.[Photo provided to China Daily]