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SHANGHAI - Shanghai will increase its statutory minimum wage by 5 percent to 2,420 yuan (2) per month from April 1, making it the highest in the country, local authorities announced Wednesday.

Russian Foreign Minister Sergey Lavrov said in talks with State Councilor and Foreign Minister Wang Yi last month that the two countries' strategic coordination is strong and can withstand blows from any external sources.

SEOUL -- South Korean prosecutors planned to summon the Lotte Group chief Friday for his alleged involvement in a corruption scandal embroiling former President Park Geun-hye that led to her impeachment and arrest.

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SCI, one of the world's most selective citation databases for scientific literature, has become one of the core criteria in awarding professional titles and evaluating teachers, students, disciplines, resource allocation and university rankings, according to a guideline issued by the Ministry of Education and the Ministry of Science and Technology on Sunday.

SAIC Motor Corp, the best-seller of Chinese passenger cars for 14 years, saw a year-on-year decrease of 28.1 percent in first five months to 769,000 units.

SHIJIAZHUANG - Wang Baoan, former head of the National Bureau of Statistics, was given a life sentence for accepting bribes Wednesday.

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SOEs have been asked to increase spending on research and development (R&D), make greater efforts on basic research and application of major technologies, according to the document.

SHENZHEN - The mission of the Asian Infrastructure Investment Bank (AIIB) to support infrastructure investment is good for the world's economy, and the institution is operating "to the highest international standards," according to Sir Danny Alexander, the bank's vice president and corporate secretary.

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SOEs' debt-to-asset ratio stood at 64.5 percent as of the end of June, down 0.1 percentage point from the same period last year, according to the ministry.

SHANGHAI - Three universities in Shanghai started offering HIV self-test kits in vending machines on Tuesday to promote HIV testing on campus while protecting privacy.