The central bank is supporting joint action under the G20 mechanism and the global financial safety net to work out a policy mix, in particular measures targeting small and medium-sized enterprises that would help address the short-term impact of COVID-19, and bolster long-term economic recovery, a statement said on Wednesday.
The central government approved a guideline to boost the blossoming sharing economy at a State Council executive meeting on Wednesday, saying it will help the nation adapt to the global technological and industrial revolution and foster new growth momentum.
The city at the center of the Guangdong-Hong Kong-Macao Greater Bay Area in southern China will give subsidies to insurance intermediary institutions when they are first established, as well as for their operations and management.
The chairman of New China Life Insurance Wan Feng said the overall return on insurance investment will keep heading down in 2019, probably no more than 4.5 percent.
The city noted that starting from Monday the service will not only be open to local permament residents but also to the deceased without local household registration who died and were cremated in the city, according to the city's civil affairs bureau.
The city government also wants the output value of its energy conservation and environmental protection industry to reach 15 billion yuan within the same time frame, double the value recorded in 2016, the commission said.
唐山红血丝消
The city has experienced a warm front and the southwesterly inland wind was not very strong. This, coupled with low humidity and low cloud coverage, resulted in temperatures rising very quickly, according to the local weather station.
The central bank admitted that constraints exist in the structure and within certain fields in the monetary policy transmission.
The city's disaster prevention headquarters has ordered thorough inspection of flood control facilities. Ports, scenic areas, and construction sites have also been advised to take precautionary measures.
The ceremony in Zhongshan Park, named after Sun, was presided over by Liu Jiaqiang, deputy chairman of the Revolutionary Committee of the Chinese Kuomintang (RCCK) Central Committee, and was attended by representatives from all walks of life in Beijing.