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Shanghai views enhancing the rule of law in the financial industry as an important part of the city's constant efforts to optimize its business environment, according to Liu Xiaoyun, president of the Shanghai Higher People's Court.

Shanghai is the first Chinese city to have an advanced aging population. Official statistics showed that by the end of last year the number of Shanghai residents age 60 or older hit 4.58 million, accounting for more than 31 percent of the city's permanent residents. Nationally, the proportion was 16.7 percent.

She added that once the hosts of livestreaming apps notice illegal content, they must stop transmitting, retain the videos and report to the police.

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Shanghai's efforts to become a global tech hub started gaining steam in 2016 when it officially announced its ambition to transform itself into a science and technology center of core functions with global influence by 2030. Four major tasks, including establishing a comprehensive national science center and implementing basic projects and strategic programs, were identified as being crucial to the achievement of this goal.

Shanghai adopts prompt steps to help businesses get back to work

Shanxi machinery firm is using tech innovation to enhance efficiency, improve product quality

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Shanghai released a document on Thursday with 30 guidelines to boost the tourism industry and build itself into a world-class tourism city by 2035.

Shanghai will spare no efforts in ecological conservation, he said. A trash-sorting campaign has been rolled out citywide, and the city plans to address the challenge of comprehensive program for properly dealing with all trash by 2020.

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Shanghai became sister cities with Liverpool in 1999. Liverpool staged a pavilion at the 2010 Shanghai Expo, and businesses from Shanghai have been visiting Liverpool's International Business Festival ever since it began in 2014.

Shanghai's wholesale and retail sales jumped 9 percent year-on-year to 607.93 billion yuan in the first six months of 2019, with the accommodation and catering retail sales reaching 58.22 billion yuan, up 2.9 percent from same period of last year.