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Several Chinese and Cuban companies presented their perspectives for development and cooperation to promote new commercial ties.

Shares of Baidu rose 8.81 percent in extended trading.

Shanghai Cooperation Organization communique hits out at protectionism

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Shares of other brewers include China Resources Beer and Beijing Yanjing Brewery, which both gained more than 7 percent.

Several trials of the controversial drug hydroxychloroquine for possible use against COVID-19 are resuming around the world after the retraction of a study into its effects and side-effects.

Shanghai was the first city to abolish GDP targets five years ago. That is not to say that GDP will become irrelevant, because it is still important for job creation, which remains a priority for the central government. Less-developed inland provinces will still regard economic growth as important," he said.

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Shandong is putting effort into developing emerging industries of a new generation of information technology, high-end equipment, new energy and new materials, modern marine, medical and health care, as well as transforming and upgrading competitive industries of high-end chemical engineering, modern efficient agriculture, culture creativity, boutique tourism and modern financial services to accelerate high-quality development, Ling Wen said during a speech at the conference on behalf of the Shandong provincial government.

Shanghai has relaxed its household registration permit system, or hukou system, by granting domestic students from designated universities the permits when they graduate and work in the city, according a policy released on Sept 23.

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Shanghai's animation industry is estimated to hit 10 billion yuan (.51 billion) in revenue, and the revenue of its online gaming industry will reach 90 billion yuan by 2020, Jiefang Daily reported Tuesday.

Shanghai Cooperation Organization calls for nations to find common ground