The municipal government of Shanghai has also launched several measures to help local companies trim business costs by lowering taxes and institutional transaction costs.
The misconduct included bad assets, bond defaults, shadow banking, capital embezzlement and irregular inflow of loans or wealth management funds into the property sector.
The move marks its latest push to offer smart home appliances, and to bring cutting-edge products to the mass at an affordable price.
The move is considered a joint effort between local brands and the retail sector to bring local brands closer to young consumers in China.
The most recent and biggest US-based company to move into delivery service is Starbucks, operator of about 14,000 stories in the US. It has started delivering in San Francisco with plans to expand to Boston, Chicago, Los Angeles, Washington and New York.
The move came after the PBOC conducted 280 billion yuan of reverse repos Thursday, and 240 billion yuan Wednesday.
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The move is regarded as part of the company's campaign to contribute to the country's ongoing poverty relief efforts.
The minority government unveiled by Prime Minister Justin Trudeau in late November sets a target of net-zero emissions by 2050 and protecting 25 percent of Canada's land and oceans by 2025 as shown in the throne speech outlining the government agenda, which officially opened Canada's 43rd parliament.
The move is part of Oppo's broader push to stand out amid intense competition among 5G smartphones, which are becoming increasingly popular and affordable in China.
The nation's largest self-service bookstore - 178 square meters - opened on Wednesday in Shenzhen. Customers enter via face recognition technology, locate books based on internet of things technology and pay through their mobile phones.