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The central bank also said that the Medium-term Lending Facility loans that would mature in the first quarter will not be rolled over but liquidity will be able to offset the funding shortage that usually occurs ahead of the Chinese Lunar New Year.

The central government has allocated subsidies of 50 million yuan for the companies to carry out the measures.

The center said driving in the affected regions should slow down, while airports, freeways and sea ports should take appropriate safety measures.

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The city's taxi commission has instructed drivers and owners to disinfect their cars at least once a day.

The city also needs to look at building complementary industry sectors that go beyond traditional tourism and the gaming industry.

The central bank also projected that the US economy will shrink by 6.5 percent in 2020, followed by a 5-percent gain next year.

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The central Chinese city in Hubei province on May 14 has carried out a citywide campaign to offer voluntary and free COVID-19 testing to those not tested before. The testing ended on June 1.

The city government has promised to clean the water pipes in the area and continue to monitor the quality of water supplied to Hubu village.

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The central bank's preemptive move to fine-tune the renminbi's pricing model will help ease the selling pressure facing the currency in the second half of the year, after helping push up the yuan on Thursday, analysts said.

The city's strength in tourism and hospitality, the richness of its cultural heritage and support from the motherland all inspire confidence, she said in an exclusive inter view with China Daily.