The People's Bank of China, the nation's central bank, injected 1.2 trillion yuan into the financial system on Monday and lowered interest rates for financial institutions to procure the funding by 0.1 percentage point. Analysts said the move signaled more monetary easing measures in the future to help the economy ride out the virus.
The Second Plenary Session of the 19th CPC Central Committee, held from Thursday to Friday, was presided over by the Political Bureau of the CPC Central Committee. General Secretary Xi Jinping delivered an important speech at the session.
The September 2020 contract lost 1.62 percent to close at 4,701.8 points. The December 2020 contract was down 1.84 percent to finish at 4,635.2 points. The March 2021 contract went down 1.86 percent to finish at 4,595 points.
The Pentagon is also making available 2,000 ventilators for hospitals, a number that will likely fall far short of the expected need. "When you look at how many people who may need it, 2,000 doesn't put much of a dent into it," he said.
The People's Bank of China and the State Administration of Foreign Exchange on Tuesday unveiled new rules with immediate effect for the QFII and RQFII programs, which provide financial institutions with quotas for inbound investment.
The SASAC will hold a meeting in Beijing next month to guide local SOE reforms for the next stage to restore and boost their earning ability, said Weng. The three selected pilot areas currently are required to carry out reforms with different priorities and offer policy headroom to combine top-level system design with primary-level innovations to forge maximum reform momentum.
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The ROK's Yonhap News Agency said on Monday that Moon "is known to be hoping" that the United States and the DPRK will hold talks as senior officials from both sides arrive in Pyeongchang.
The Political Bureau has upheld Marxism-Leninism, Mao Zedong Thought, Deng Xiaoping Theory, the Theory of Three Represents, the Scientific Outlook on Development, and Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, and enhanced Party's leadership over all work, according to the document.
The Putuo District People's Procuratorate in Shanghai approved the arrest of a man surnamed Wang and woman surnamed Zhou on suspicion of sexually assaulting a nine-year-old girl in late June, the city's prosecuting agency said on Wednesday.
The RT channel has several projects in the works with Chinese partners, said Margarita Simonyan, the channel's editor-in-chief. She said she feels a strong desire from Chinese media to cooperate with their Russian counterparts.