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The charges, contained in an indictment issued in US District Court for the Eastern District of Virginia, were revealed during a press conference held by the Justice Department officials in Washington D.C.

The central parity rate of the yuan, or the daily trading reference rate against the US dollar, weakened by 44 basis points on Wednesday to 6.9823. The onshore yuan exchange rate strengthened to 6.98 per dollar on Wednesday.

The central bank also said that if commercial banks refuse to lower loan rates by setting a "hidden" minimum lending rate, companies can report them to regulators.

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The center will get funding from the ministry and Beijing municipal government.

The city government said it plans to designate the affected building and nearby areas as a "special support zone for contagious diseases" to prevent the infections from developing into a bigger cluster infection.

The circular introduced tariff adjustments to reduce import costs, advance opening up to a higher level and allow other countries and regions to share in China's development.

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The ceremony was held to celebrate the 30th anniversary of the founding of the New York office of the China Association for International Exchange of Personnel (CAIEP).

The chief executive will chair a steering committee overseeing measures to control the infection outbreak, and four working groups headed by senior government officials will be established. An advisory group consisting four seasoned experts will be formed to provide suggestions to the chief executive.

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The central bank will implement more open and favorable financial policies to steadily advance the internationalization of the renminbi. [Photo/VCG]

The chain has suffered a continuous decline in business since 2013. The auction, announced in March 2016, was part of its worldwide strategy to revive growth.