PPI grew 6.4 percent year-on-year for January-August, unchanged from that in the first seven months.
PBOC said the cut, the third this year following reductions in January and April, was "a targeted, precision regulation" to boost funding for small and micro firms as well as to support the debt-to-equity swap program. The cut will take effect on July 5.
Panda Power Plants is the first panda-shaped solar power plant in the world. The capacity of its first-stage project is around 50 megawatts, equivalent to providing power for 120 Chinese families for a year.
Passengers from Macao enter Zhuhai at the Hengqin checkpoint. The checkpoint, as a major transit point of the Guangdong-Hong Kong-Macao Greater Bay Area, was put into operation on Aug 18. [Photo by Guan Mingrong/For China Daily]
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Participants in the 131st Rose Parade greet spectators along Colorado Boulevard in Pasadena, California, on Wednesday. [LI YING/XINHUA]
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Passengers have been expecting the discount passes since the Tianjin government announced in February that they would be issued, said Zou Yirong, from the marketing department of Tianjin Research Institute for Advanced Equipment, affiliated with Tsinghua University in Beijing.
Part of a reform to facilitate easier vehicle registration, it will enable car buyers to choose license plate numbers and receive their vehicle licenses directly after purchase.
Passengers get off a Boeing aircraft operated by China Eastern Airlines at the international airport in Kunming, Yunnan province. [Photo/Agencies]
Part of the valley reopened on March 8. To meet the growing market demand, the airport, which can greatly reduce the travel time between the valley and outside decided to resume its services.