The State Council, the country's cabinet, will issue administrative licenses for financial holding companies, while any without a license will need to cease business.
The Shanghai Composite Index gained 1.09 percent to close at 3414.49 points on Monday, while the Shenzhen Component Index rose by 0.74 percent to 13955.28 points. The total trading value on the Shanghai and Shenzhen bourses exceeded 953.9 billion yuan (5.2 billion), up 27 percent from the previous trading day.
The Shanghai municipal flood control headquarters said it had relocated a total of 190,000 people from coastal areas by early Sunday morning.
The Shanxi store in the city of Taiyuan, the provincial capital, caused huge buzz on the internet after the owner created an extra-sour type of ice cream made with Laochencu (mature vinegar).
The Sunday meeting between Kim Jong-un, top leader of the Democratic People's Republic of Korea, and US President Donald Trump at the truce village of Panmunjom was hailed by the international community, as it relights the hope of advancing the long-stalemated denuclearization talks.
The South Korean coast guard also sent a vessel and rescue helicopter to the spot.
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The State-backed travel retailer, currently operating 248 duty-free stores across the Chinese mainland, Hong Kong, Macao, Taiwan and Southeast Asia, aims high to expand its global business footprint.
The Supreme People's Procuratorate, together with the State Administration for Market Regulation and the National Medical Products Administration, announced that the nationwide campaign will run until December.
The Top 500 list is considered one of the most authoritative rankings of the world's supercomputers. It is compiled on the basis of machine performance on the Linpack benchmark by experts from the United States and Germany.
The Times Square in NYC. [Photo/Agencies]