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The country's pension insurance fund has an accumulated surplus of more than 4 trillion yuan (5 billion), but differences among provincial regions make it necessary to coordinate programs, Yin said.

The cuts came mainly as discounted payments to pension funds as well as unemployment and work injury insurance, which are shared by employers and workers, he said.

The country's forex reserves generated an average annual return of 3.68 percent between 2005 and 2014, according to the 2018 annual report of the State Administration of Foreign Exchange (SAFE).

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The daytime temperatures could be as high as over 50 C, and nighttime temperatures could drop by 30 degrees. Humidity stays below 20 percent and there are sandstorms from time to time.

The death of eight primary school students who drowned in a river in Chongqing on Sunday should serve as a warning to Chinese parents to watch their children as the summer vacation approaches, State Council officials said.

The data showed increases of 15.56 million and 22.36 million from those numbers at the end of last year, respectively.

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The deal is a clear success for T-Mobile Chief Executive Officer John Legere, who will be the CEO of the combined company and who pushed back at critics arguing a more concentrated market would lead to higher prices.

The couple, who have a 10-month-old daughter, became engaged over Easter, NZ Herald quoted a spokesman for Ardern as saying.

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The county is ready for a final examination by state poverty alleviation authorities before being removed from the country's list of poor counties.

The deal was announced this morning, with financial terms undisclosed.