The renewed strength of the US dollar in the past two weeks, when the dollar index that measures the greenback against a basket of peers rose by nearly 2.5 percent to a new peak of 93.0516 on Tuesday, the highest since December, has added depreciation pressure on the Chinese currency.
The regulation, as part of the Party's basic laws and regulations, stipulates the Party's leadership over political and legal affairs and translates the Party's long-term successful experience in leading the nation's political and legal work into institutional achievements, according to a statement released after the Thursday meeting.
The removal of the 30-site limitation imposed on international fuel retailers has been well received among oil firms.
The report said the ministry, having made a general plan for 5G application, is estimated to formally issue 5G licenses at some point this year.
The relatively stable performance of China's A-share market on Thursday has reflected its resilience against the recent global market turmoil caused by uncertainty surrounding the pandemic, said Xu Gao, chief economist at BOC International (China) Co.
The region, located around 100 kilometers southwest of the nation's capital, will see its energy mix optimized, and act as a guide and demonstration hub for clean heating in the north, said Guo Zhi, chief economist with the National Energy Administration, during the international clean heating exhibition 2018 held in Xiongan on Saturday.
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The report explains that large urban areas are highly productive for three reasons.
The removal of policy barriers is part of the National Development and Reform Commission and the Ministry of Commerce's new "negative list" that eased restrictions in various sectors including banking, automotive, commodities and agriculture.
The report mentioned that during the epidemic, Chinese brands displayed "resilience" in the crisis. The internet, software and information service industry, food and beverage industry, and pharmaceutical industry are considered to be the main sectors that will increase their brand communication budgets in 2020. Social responsibility of these companies also has been demonstrated in the epidemic. Companies of different sizes and types have used the power of branding to convey positive values.
The report estimated China had cut dispersed burning of 49.38 million tons of coal in 2019, among which about half was from household use, up 22 percentage points from 2018.