The central bank has issued monetary actions of 9 trillion yuan this year to tackle the COVID-19 pandemic, while enterprises may save 1.5 trillion yuan this year through the timely measures enacted by companies to boost the real economy. During the first 10 months of this year, financial institutions saved enterprises around 1.25 trillion yuan, said the report.
The central government has attached great importance to farmland protection, the ministry said. Those involved in the illegal use, sale and transfer of permanent farmland covering more than 0.33 hectares or ordinary farmland covering more than 0.66 hectares will be subject to criminal prosecution. Farmland in China is classified as permanent when its use for nonagricultural purposes is prohibited. Ordinary farmland can be used for other purposes in certain circumstances.
The city's GDP increased by 3.8 percent in 2017, and registered 4.7 percent growth in the first quarter of 2018. The 2.8 percent unemployment rate from February to April this year was the lowest in two decades.
The chamber believes the white paper fails to clarify key concepts such as definition and forms of "foreign subsidies," "leveraging effect" and "material influence," which will create great legal uncertainties and grant the EU more discretionary power.
The city will work to offer better administrative services for companies and organizations that set up branches in Guangzhou, according to Chen. The goal is to help build the Guangdong-Hong Kong-Macao Greater Bay Area into a global financial center, he said.
The central bank still has policy space to lower the lending rate, possibly through cutting the one-year loan prime rate to 4 percent as early as Friday to shore up economic growth, according to Wen Bin, chief economist at China Minsheng Bank.
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The checkup includes all the regular ones such as blood tests and urine analysis, as well as the less common PET-CT examinations for tumor markers. Shuttle service is provided for the up and down trips to the hospital. An interpreter will escort the tourists during the checkup process.
The chief technical director of GCHQ's National Cyber Security Centre, Ian Levy, said in a BBC Panorama documentary, that "the security in Huawei is like nothing else – it's engineering like it's back in the year 2000 – it's very, very shoddy and leads to cyber security issues that we then have to manage long term. "
The central government required the Beijing-Tianjin-Hebei area's governments to cut PM2.5 concentrations by 25 percent from 2013 levels by the end of 2017.
The city government will strictly limit urban development and cap the population.