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Shadow banking, or the lending business outside the banking system, has drawn high attention from the country's top leadership, as the sector can spark systemic risks and has expanded at a 20-percent-plus annual rate in China for years since 2008, the report said.

Shanghai, which has a subtropical climate, usually experiences its hottest weather between June and September, with the highest on record being 40.8 C in 2013.

Shares of IBM rose more than 6 percent in after-hours trading.

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She added that her team has been in discussion with the San Francisco School District to include what's been exhibited at the facility into the curriculum of their schools to educate their school kids on the WWII history that should be passed on from generation to generation.

Shared bike companies like Ofo rely mainly on CNSS, whereas Mobike and Ming-Bikes combine CNSS and Bluetooth. Improper parking of bikes may cause the locking mechanism to fail which in turn would raise the user's expense.

She added: "Nor is it reasonable to believe that the known and potential benefits of these products outweigh their known and potential risk.

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Shadow banking assets shrank by 16 trillion yuan in the past three years from the peak level, while the growth of real estate loans fell by 3.3 percentage points year on year.

Shanghai-based China Eastern Airlines first resumed hot food services on 12 of its major domestic business flights starting from Aug 1, launching more than 500 varieties of dishes. Since Monday, the carrier has resumed offering hot meals for most of its domestic flights that connect regions with low risk of infections.

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Shanghai will also build specialized and world-class shopping streets and make the city a popular place for consumers to purchase high-end products, as indicated by the city's action plan for boosting consumption from 2018 to 2020.

Shares of Amazon.com are up more than 16 percent in trading this morning,