Shanahan, a longtime Boeing Co. executive, was nominated for the deputy job in early 2017.
Shanghai plans to build high-end manufacturing parks for biological medicine by 2020 to complement and develop interactively with Pudong New Area's Zhangjiang, known as China's pharma valley, according to a three-year action plan.
Share price of the company added 1.76 percent to finish at 77.89 yuan on Shanghai Stock Exchange on Friday, while on Hong Kong bourse it edged down 0.12 percent to end at HK.3.
Shanghai has introduced a new regulation to crack down on bribes offered by commercial entities to doctors and other medical workers in pursuit of sales of drugs and medical equipment.
She added that the only way to keep case numbers down was for those who displayed symptoms to get tested as early as possible and to self-isolate for the 14-day period when directed to do so.
Shanghai realty agents said transactions in the preowned home market are "sloppy" because both supply and demand are "bearish".
糯冰种翡翠玉镯
Shanghai has pioneered China's opening-up of the financial sector. In November last year, German insurer Allianz was approved by the China Banking and Insurance Regulatory Commission to set up the country's first foreign-controlled insurance company in Shanghai.
Shanghai-headquartered SAIC Motor Corp showcased its manufacturing capacity in Lingang Area on Thursday, where many high-end cars by the company come from.
Shandong has been most heavily affected by the rainstorms in northern China. Flooding caused by heavy downpours since Monday in the province affected about 91,000 people in six cities, according to local civil affairs authorities.
She added that the reduction amounts to a loss of about 5 billion, which is "larger than the size of South Africa's economy."