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Shanghai also issued a yellow alert for fog on Monday night, and some suburbs later upgraded the alert to orange. At least six flights were canceled at the city's two airports on Tuesday.

Several cities across China, including Hancheng in northwest China's Shaanxi province, currently have elevated monorail construction plans.

Several taxation officers in Jiangsu province who were held accountable for the tax evasion were punished, Xinhua News Agency reported, citing the local tax branch.

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Shanghai's metro system is one of the longest in the world. [Photo provided to China Daily]

Shanghai-based Ctrip.com International Ltd, a Nasdaq-listed travel agency, predicted in a recent report that 650 million Chinese will travel in the eight-day Golden Week holiday from Oct 1 to 8, among whom about 6 million will choose to go abroad, setting a record.

Shanghai lawmakers are soliciting public feedback for a draft regulation on the city's non-motor vehicle safety management.

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Shares of Xiaomi opened down at HK.60 (.16) on Monday, more than two percent below its offering price of HK and extending Friday's lackluster performance when the company's shares closed gray market trading at HK.10.

Several hours before Dombret's speech, the vice-governor of China's central bank said there is huge room for the yuan to increase its global use, as many countries are stepping up demand for yuan-denominated assets.

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Shanghai aspires to become a world-class financial hub and shipping services center by 2020, according to the city's long-term plan for the second decade of the century.

Shares of Hong Kong-listed CR Beer closed 0.99 percent lower at HK.1 per share on Friday, with a peak of HK.15 during the day's trading.