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The PPI data came along with the release of the consumer price index (CPI), which showed consumer inflation easing to 3.3 percent in April amid retreating food prices as the country fast-tracks the restoration of economic activities amid further epidemic containment.

The PBOC lowered the one-year MLF interest rate by 30 basis points between February and April to the current level of 2.95 percent.

The Netherlands-based ING Bank started a strategic alliance with BOB in 2005 by acquiring a minority holding. Both parties have built a sound platform for business transactions since then. As the largest single shareholder of BOB, ING Bank held a 13.03 percent stake in the Beijing-based commercial lender as of Sept 30.

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The Office of the US Trade Representative on Tuesday released a final tariff list targeting 279 product lines from China.

The Nasdaq kept the bull running on Monday, although the S&P and the Dow Jones Industrial Average finished lower.

The National PTA announced today that Amazon’s Kindle will be the exclusive sponsor of a new Family Reading Experience?program that will encourage children to read.?

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The NBS data suggested slower growth in property investment and fixed-asset investment but faster growth in consumption, as retail sales increased 10.7 percent year-on-year in May on the back of strong online sales figures.

The NDS special units also launched nine special operations elsewhere since early Saturday.

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The National Day holiday, which runs from Oct 1 to 8, sees a surge in passenger flows as leisure travel has become a major holiday entertainment due to improving living standard.

The National Development and Reform Commission said on Thursday that China will explore ways to establish a social credit repair mechanism.