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The Ministry of Finance, jointly with other government departments, issued a notice recently to inject 2 billion yuan of special funds into some pilot cities each year, and the fund will be used as the compensation for small and micro enterprises' credit risk.

The PBOC may further ease monetary policy through tools, such as reserve requirement ratio cuts, lending rate reductions and the re-lending mechanism to shore up M2 and aggregate financing growth on an annual basis, said Lu Ting, chief China economist with Japan-based Nomura Securities.

The National Institute of Population and Social Security Research has estimated that the number of the 20-year-olds will dwindle to 1.08 million in 2025.

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The NEMA spokesman said Abaco's power grid had suffered extensive damage.

The Palace Museum in Beijing has opened a new section housing royal furniture－the Nandaku Gallery of Furniture.[Photo/VCG]

The NDRC, China's top economic regulator, revealed details of the meeting on its website on Wednesday night.

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The Municipal Government of Shanghai looks to further increase the cross-border trading volume by announcing new measures to improve the business environment at ports.

The National Office Against Pornographic and Illegal Publications on Tuesday reported its work progress in the first quarter of 2018.

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The PBOC's original plan might have been influenced by Libra - the digital currency plan raised by the world's largest social network in June. It sparked discussions among Chinese financial regulators, driving the designer to rethink various models which can involve more non-governmental institutions in the CBDC development and issuance process, Yang Dong, director of the Research Center of Finance Technology and Cyber Security at Renmin University of China, told China Daily.

The Netflix stock sell off raises the question: Could this be the time for Amazon to make a bid?