The central bank skipped reverse repo Friday.
The city's Office of Emergency Management has already declared an emergency and opened 500 "cooling centers" on Wednesday.
The city's development and reform commission said the industry has become of one of the city's industrial priorities, due to its capital, technology-intensive features and huge market potentials.
The central bank has tried to strike a balance between financial deleveraging, aimed at defusing risks and shoring up economic growth.
The change is catching some Postal Service customers?off guard, who may find it shocking that an institution of its size can evolve?the way it does business. On?Twitter, one person said it’s “kind of like magic,” and another person called it?a #pleasantsurprise.
The central bank reiterated that the property sector will not be used as a means of short-term stimulus, and vowed to maintain efforts to ward off systemic financial risks.
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The central bank report showed East China's Jiangsu province had 565 small-credit companies by June, the most of any provincial-level region, followed by Liaoning province in the Northeast and Guangdong province in the South of China.
The central government will not sit by if the situation in Hong Kong deteriorates to a point that Hong Kong Special Administrative Region government cannot handle, Zhang Xiaoming, director of the Hong Kong and Macao Affairs Office of the State Council, said at a symposium in Shenzhen, Guangdong province, on Wednesday.
The city of Shanghai has implemented a three-year action plan to become a world leading manufacturing hub by 2020. The metropolis aims to establish two world-class industrial clusters and have added value of strategic emerging industry to account for more than 20 percent of its GDP.
The cities of Buffalo and Rochester, N.Y., are joining forces as one economic corridor in hopes of convincing Amazon that the region is a worthwhile contender for HQ2, the proposed second headquarters for the Seattle-based tech giant.