The PBOC may further ease monetary policy through tools, such as reserve requirement ratio cuts, lending rate reductions and the re-lending mechanism to shore up M2 and aggregate financing growth on an annual basis, said Lu Ting, chief China economist with Japan-based Nomura Securities.
The Ministry of Water Resources and the National Energy Administration, along with another two government agencies, launched a campaign at the end of last year to eliminate small hydropower stations.
The No 2 and 3 nuclear reactors in Karachi, Pakistan, using Hualong One technology, are also making construction progress as per schedule.
The PCR test fee will be cut by 20 percent to 9,000 tenge, or , the statement added.
The NMC warned local authorities to strengthen preparations to reduce losses, considering that two typhoons had hit the regions days before.
The OLMT is the most efficient and environmentally friendly transportation system for a modern big city, said Wang Yunlin, executive deputy general manager of the Orange Line Project.
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The MoU on further development of industrial cooperation was signed in Beijing by He Lifeng, chairman of the National Development and Reform Commission of China, and Airbus CEO Guillaume Faury, witnessed by Chinese President Xi Jinping and visiting French President Emmanuel Macron.
The New York Stock Exchange in Lower Manhattan on Monday, December 31, 2018, the last day of trading for 2018. [Photo/IC]
The PBOC said in a statement Friday that it continued to suspend open market operations as total liquidity in the banking system remained high.
The NPL ratio declined for the first time since 2012 to the current level in the last quarter of 2016, an encouraging sign for an economy plagued by piling debt.