The Caixin service industry reading was the same as the official nonmanufacturing purchasing managers index released by the National Bureau of Statistics on Saturday, which also suggested activity expanding in November.
The Central Economic Work Conference made it clear that local governments must avoid past simple and unscrupulous practices in dealing with environmental problems.
The China Financial Futures Exchange, where three stock index futures contracts are listed, announced in September that it would lower margin requirements of stock index futures contracts.
The Caixin China General Manufacturing Purchasing Managers' Index returned into the expansion territory in May and stood at 50.7, the highest level in the last four months, said a report released by media group Caixin on Monday.
The Chinese government has also set 2020 as the target for eliminating poverty nationwide.
The Chinese central bank announced Sunday that it will cut the cash amount required to be reserved in commercial banks by 50 basis points starting July 5, a measure to facilitate targeted lending to small and micro enterprises.The fund, to be released through cutting the reserve requirement ratio in the five largest State-owned banks and 12 joint-stock commercial banks, could reach nearly 500 billion yuan (.9 billion), as the People’s Bank of China, the central bank, estimated in a statement on its website.This part should be used “to support the market-oriented debt-to-equity swap projects, and to leverage the same amount of private capital participating in the investment”, according to the statement. Another 200 billion yuan -- to be freed from postal savings banks, city and non-county rural commercial banks, and foreign banks -- will be lent to small and micro enterprises to lower their financing costs, it said.Financial institutions’ activities in both of the two ways will be supervised by the PBOC’s macro prudential assessment framework, a set of tightened regulatory standards to prevent systemic financial crisis, the statement said.
合川人流与无痛人流
The Chinese mainland will continue to promote cultural exchanges with Taiwan despite a disruption by political activists at a music concert on Sunday, an official said on Wednesday.
The Children's Hospital of Fudan University started using seven sets of games aimed at different ages and conditions on Tuesday. They include role-playing games or other activities that distract a child during potentially painful procedures or give them a better understanding of the human body.
The China Securities Regulatory Commission said last June that qualified wholly foreign-owned enterprise and joint-venture companies can apply to become privately offered fund managers at the Asset Management Association of China.
The China-Europe rail service is considered a significant part of the Belt and Road Initiative. It is expected to boost trade between China and Europe.