The central bank is expected to reduce the liability costs for banks, drive loan pricing lower and underpin the real economy by taking forceful measures, said analysts led by Ma Kunpeng with SWS Research Co Ltd in a report.
The central government will also offer stronger support to the city after the national security law's enactment, including financial support to buttress its status as an international finance center, Zhang said.
The city's emergency rescue center also dispatched six ambulances equipped with intensive care units to the site, said Wang Xudong, deputy director of the Tianjin Health and Family Planning Commission.
The central government will exercise its supervisory power strictly to ensure that the committee performs its duties in accordance with law, safeguard national security and Hong Kong's prosperity and stability, and protect the legal rights and freedoms of Hong Kong residents.
The city has set up a mechanism to ensure financing for small and medium-sized tech businesses, as they are less likely to get support from banks due to valuation and development concerns.
The century-old zoo has been closed to the public since Jan 24, the beginning of the Spring Festival holiday, after health authorities advised the public to stay indoors amid the coronavirus outbreak. It received more than 240,000 tourists during last year's week-long Spring Festival holiday.
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The center, built by Chindata Group, supports artificial intelligence-based computing power basic services. It is based in Chindata's energy data industrial base in Datong, namely Taihang Mountain Energy and Information Technology Industrial Campus of the Pan-Beijing Area, and has an IT volume of 50 megawatts - Asia's highest level for a single data center.
The center will offer fast-track services for patent applications to companies in information technology and high-end equipment production, two areas with high demand.
The central government also expanded coverage of its relief plan. Tang Chengpei, vice-minister of civil affairs, said at the news conference that this year, those whose family earnings are above the poverty line but who suffer serious disability or severe diseases were included in the relief plan.
The city's traffic authority lowered the speed limit on a number of highways, including the East China Sea Bridge.