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Shanghai has been among the pilot cities for a new visa system since the beginning of this year.

Shares of the liquor maker hit a new intraday high of 990 yuan Wednesday, pushing its market capitalization up to more than 1.2 trillion yuan. So far, Moutai's shares have increased by more than 60 percent from 598.98 yuan at the beginning of the year.

Shanghai continues to be a budding highland for attracting and spending foreign investment, the city mayor Ying Yong said on Wednesday.

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Shanghai's AI ambition was first outlined in a municipal plan issued in November 2017, when the city authorities pledged to expand the scale of the industry to more than 100 billion yuan (.2 billion) by 2020. Along with this goal in industrial output, the city is looking to set up a dedicated industrial fund, introduce 60 emerging AI technologies from local companies, and host six demonstration zones and 60 AI applications in the same period of time.

Shares of Amazon dipped more than 2 percent in after-hours trading after the company missed profit expectations for its second quarter earnings report.

Several cities have already begun to tackle the problem. Nanjing and Xuzhou, in Jiangsu province, have issued notices forbidding real estate sales offices from taking pictures of visitors without their consent.

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Seventy-five economic and trade cooperation zones have been set up, creating more than 200,000 jobs for local people.

Shanghai courts will also select experts and scholars from regulatory agencies, institutions and research institutes to serve as assessors－members of the public who assist judges and evaluate evidence－and participate in case reviews and trials, according to the policy.

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Seventy large and medium-sized gold mines with gold reserves of more than 2,400 tons have been discovered in the peninsula since 2011, according to Yu Haifeng, director of the Geological Exploration Department under Ministry of Land and Resources, in a press release on May 3.

Shanxi, an inland province, now eyes more trade and cultural ties with the BRI economies, thanks to the development of the initiative.