The goal is to prevent a temporary crisis from permanently harming people and firms through job losses and bankruptcies."
The framework for both the Senate and House bills was developed in secret over a few months by a half-dozen Republican congressional leaders and Trump advisers, with little input from the party's rank-and-file and none from Democrats.
The government reiterated the need to encourage private businesses to take part in the mixed-ownership reform of State-owned enterprises, with private companies set to receive more incentives in the restructuring of SOEs via share acquisitions.
The government pro-supply measures have effectively reined in the rising momentum of coal prices during this year's peak season when high temperatures usually lead to a surge in power demand.
The funding plan is significantly larger than the request from the White House, which initially asked for .5 billion to fight the ongoing spread of the disease.
The funds raised through the special COVID-19 bonds need to be injected into infrastructure construction projects that can earn some profits, or into projects for containing the virus, so as to increase inputs into the research and development of vaccines, medicines, and rapid-testing technologies, set up more mobile laboratories, ensure emergency supplies, and strengthen public health and epidemic prevention at the primary level, Wang said.
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The fund manager has signed distribution agreements with Agricultural Bank of China and e-commerce giant Alibaba Group Holding's affiliate Ant Financial to distribute fund products on the mainland through physical and digital channels.
The girl sent digital gifts of money to show affection to her favorite hosts, Liu said - mostly young, fashionable men who livestream their daily lives, music and video gaming.
The government believes the law will serve as a deterrent against masked violent protesters and rioters and will assist police in carrying out law enforcement, Lam added.
The government also pledged to create a social atmosphere conducive to political reform. This is so it can promote constitutional development in accordance with the Basic Law and relevant decisions by the Standing Committee of the National People's Congress, the spokesman said.