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The New York-based multinational will enter China's bank card clearing market through its joint venture in China, Express (Hangzhou) Technology Service Co.

The National Health Commission sent an investigative team to Shangluo, Shaanxi province, on Sunday, it said in a statement.

The NMC warned local authorities to reduce outdoor activities and take precautions against flooding, flash floods and landslides.

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The PBOC will use monetary policy tools, such as open market operations, to achieve the objectives, the statement said.

The MoU has a two-year term which will be automatically extended unless a request for amendment or termination is demanded by either of the two parties.

The PLA garrison in Hong Kong has been an active participant in blood donation and has helped numerous patients in Hong Kong to recover, said Dr Lee Cheuk-kwong, chief executive and medical director of the Hong Kong Red Cross Blood Transfusion Service.

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The Ministry of Health reported on Saturday that 908 patients are currently in intensive care units throughout the country, with 666 on mechanical ventilators and 121 in critical condition.

The National Bureau of Statistics reported last week that China's top-line GDP growth rate in the first quarter was 6.4 percent, at the upper end of the government's target of 6 to 6.5 percent growth for 2019. This faster-than-expected growth gives policymakers some breathing room to continue a stable monetary policy and to implement fiscal policies aimed both at transforming the economy and at reducing the risks of accumulated debt.

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The PBOC decided to cut the reserve requirement to zero in September 2017, when it said the renminbi exchange rate returned to float around an equilibrium level with rational market sentiment.

The National People's Congress, China's top legislature, released a decision on Feb 24 banning the hunting, trading and transportation of wild terrestrial animals for purposes of consumption.