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Increasing the annual bond quota in the middle of a year is rare, but it is possible and advisable, said Robin Xing, Morgan Stanley's chief economist in China. Besides, he said the government's deposits or some financial surplus from previous years could be used for stimulus.

Information providers that violate the stipulations will be punished. Punishments include being publicly criticized, being blacklisted as discredited personnel, receiving administrative penalties or being accountable for criminal activities.

Indian Air Force Exercise, Feb 17, 2019. [Photo/IC]

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Information posted online on platforms including web pages, blogs and micro blogs will be able to be treated as digital evidence in civil disputes according to a guideline released by China's top court on Thursday.

In this sector, China posted another exceptional quarter in the fourth quarter, with growth exceeding 20 percent, reflecting notably the outstanding performance of Aptamil brand during Nov 11 - China's and the world's largest online shopping event – and including some benefits from the earlier timing of Chinese New Year.

Initial COVID-19 vaccination is set to start as early as Monday, he said, adding it is the next step in the efforts to protect Americans, reduce the impact of the COVID-19 pandemic, and help restore some normalcy to the lives of the American people and the country.

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Independent economist Song Qinghui said the founding of a deposit insurance fund company will help to define the obligations of local governments and the related regulatory bodies. Financial institutions will be better armed to address various problems based on market rules.

Indeed, Liu's work reflects the trials and triumphs of enabling such previously backward areas to move forward from the grassroots up.

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In the wake of the novel coronavirus outbreak, the used car market is likely to become a vital force in the continued development of China's auto industry, according to insiders.

In this year's gaokao, or China's college entrance examination, the young man from a low-income family scored 669 points and applied to Peking University, where he was accepted as a student in the School of Journalism and Communication.