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The fourth largest State-owned commercial lender by assets in China said on Wednesday its main investors will settle trades for its crude oil futures trading product at -.63 per barrel.

The generally stable inflation gives the government leeway to maneuver monetary policy in the coming months, with its focus shifting from an easing bias to stabilizing market entities and employment, Wen said.

The fund raised will mainly be used to acquire new businesses with great potentials in China including education, health care and technology, said Antony Leung, chairman and co-founder of New Frontier.

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The government plans to start renovation on 2.89 million homes in rundown urban areas in 2019, meaning the country had achieved 71.6 percent of the annual target by the end of last month.

The government aimed to raise the percentage of added value, generated in the manufacturing sector, to 35 percent of the total in all industries by 2030, which is equivalent to the level of Germany, from 25.3 percent as of 2017.

The government will allocate HK billion on the first phase of the Hong Kong-Shenzhen Innovation and Technology Park in the Lok Ma Chau Loop and inject HK billion into the Innovation and Technology Fund to support research and development.

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The government is taking a two-pronged approach in procuring vaccines, said Secretary for Food and Health Sophia Chan Siu-chee at a press briefing.

The fund will be mainly used to reduce the city’s non-essential functions, renovate old communities and shantytowns and improve overall community environment, revealed an official from its budget control department.

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The global credit rating agency Moody's called China's newly-issued regulations on peer-to-peer lending platforms are "credit positive". [Photo/IC]

The geological environment of the resettlement area is safe, and the ecology of the reservoir area is in good condition, the review said.