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Banking sector to be opened more for foreign investors

Bao Xinhe will become president of the University of Science and Technology of China, replacing Wan Lijun.

Barbara Vaccaro, from Italy, who has lived with her family in Shanghai for seven years and plans to remain, said they are very impressed with the country's and the Shanghai government's efforts to care for all residents, including those from overseas.

Baidu has formed a partnership deal with Udelv that will see self-driving vans powered by Apollo 3.5, the first open source autonomous driving platform that can perform in complex urban and suburban driving scenarios, to offer delivery services to US retailers such as Walmart Inc.

Based on a model which tracks the epidemic on a state-by-state basis, Fulcrum economists forecast that a combined response of full lockdowns, partical lockdowns and no lockdowns to the virus in different US states "would lead to a large drop in activity -- in effect, a double dip -- of about 7 percentage points through the whole economy while the lockdowns last," the article said.