The city has more than 3,600 bicycle stands that have been installed 200 to 300 meters apart. Users hand over a returnable deposit of 23 pounds () and can use a bike for free for the first hour. They can get subsequent free hours, as long as they return the bike to a bike stand, dock it and undock it every hour.
The central government has planned a fiscal budget deficit of about 3.76 trillion yuan this year. China's deficit-to-GDP ratio is projected at more than 3.6 percent, while the IMF estimated the global average fiscal deficits will more than double to 9.9 percent of GDP this year from 3.7 percent in 2019.
The city of mountains and rivers has recently become a hot travel destination in China thanks to its unique landscape and delicious food.
The city is lined with a grid of straight, wide streets and avenues. Its emerald-green parks, gardens and fountains infused with crystal strands are spectacular.
The central government's top authority for Hong Kong and Macao affairs announced on Monday a new series of policies that grant residents of the two special administrative regions equal access to subsidies for home purchases, school scholarship and financial support for social science research on the mainland.
The city will continue to improve infrastructure and public services, as well as hold symbolic festive and night events in the night consumption clusters, according to the bureau.
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The central government's economic stimulus policies will help Hong Kong to maintain its status as a major international financial center for a long time, he said. With its free market economy and mature and sophisticated financial markets, Hong Kong has traditionally been considered the primary "gateway" in and out of the mainland by international businesses and investors.
The central government will support Hainan in establishing trading venues for global energy, shipping, commodities, property, equity, and carbon emission rights, said Xi.
The central bank vowed to strike a balance between epidemic containment, economic activity restoration and risk control, enhance counter-cyclical adjustments and steadily push forward work on defusing risks, Yi said in an interview with the Financial News and China Finance, the PBOC-affiliated newspaper and magazine.
The city is also home to the largest national-level big data themed event.