The city's Secretary of Mobility Andres Lajous said that the Chinese-made vehicles represented the best value for a city looking to better manage the mobility of its large population.
The city had 4,647 new college graduates this year, and 4,475 of them found employment. With an employment rate of 96.3 percent, more than 74,700 rural residents have job opportunities and revenue has hit more than 593 million yuan ( million).
The central government released the Regulation to Implement the Foreign Investment Law on Dec 31. The regulation was passed at a State Council executive meeting earlier in December and took effect on Jan 1.
The central bank had suspended open market operations for 12 work days prior to Wednesday, citing sufficient liquidity in the banking system.
The central bank also said that treasury bonds with maturities of one, three, five, seven and 10 years all saw lower rates of return last year.
The center was launched at a workshop on global digital finance development and governance co-sponsored by the NIFA, the World Bank and the Hangzhou municipal government.
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The change applies to sellers who participate in the Fulfilled by Amazon program, in which the tech giant handles shipping and logistics on behalf of other merchants. Amazon says it has to prioritize essentials because of increased demand as thousands of Americans practice social distancing and turn to online shopping to fulfill their needs.
The city state reported 233 new cases on Sunday, taking its total number to 2,532.
The city remains home to the largest number of regional headquarters for multinational corporations, including 653 companies' regional headquarters and 79 Asia-Pacific headquarters. The latest entrant includes Nasdaq-listed GDS, which is looking to set up its China headquarters in Shanghai, on top of an additional 555 million yuan investment to bolster growth.
The city has imposed fines of up to 2 million pesos (about ,100) for those who organize clandestine parties.