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The central bank also is promoting the tools of equity financing, encouraging private equities, securities companies and financial asset investment companies under the commercial banks to raise funds. The central bank will provide the initial leading fund, according to the governor.

The central parity rate of yuan strengthened 298 basis points to 6.537 against the US dollar Tuesday, the strongest level since May 2016, according to the China Foreign Exchange Trade System.

The city has laid out a program of highly purified rare earth metal materials covering an area of 0.45 square kilometers, with annual output of 30,000 metric tons, which is expected to be the largest highly purified rare earth materials area in the world.

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The center, Techcode Langfang, will be designed to help promote the commercialization of research findings of the Beijing-Tianjin-Hebei region.

The city has to stringently control its size while the overall land for construction decreases over time, according to an overall urban plan for Shanghai (2017-35) released by the State Council on Monday.

The central government is also making efforts to diversify people's lives due to travel restrictions amid the epidemic outbreak.

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The central leadership announced on Saturday a historic decision to establish the Xiongan New Area in Hebei province as part of measures to advance the coordinated development of the Beijing-Tianjin-Hebei region. The new area, similar to the Shenzhen Special Economic Zone and the Shanghai Pudong New Area, is of national significance and "crucial for the millennium to come", according to an official circular.

The central bank has tried to strike a balance between financial deleveraging, aimed at defusing risks, and shoring up economic growth.

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The change came when it was announced on April 1 that China will establish the Xiongan New Area in his part of Hebei. The area will hold the same national significance as the Shenzhen Special Economic Zone and the Shanghai Pudong New Area, according to a circular issued by the Communist Party of China Central Committee and the State Council.

The citation for the prize worth 9 Swedish million kronor (.1 million) said the researchers isolated a gene that controls the normal daily biological rhythm. They "were able to peek inside our biological clock and elucidate its inner workings".