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The chairman added that China Huarong would continue to consolidate its market-leading position to facilitate the exit of loss-making "zombie" companies and to support the debt-for-equity swaps of commercial banks.

The center urged local authorities to take precautions with roads, railways, electricity infrastructure and telecommunications, and advised residents to reduce unnecessary outdoor activities.

The challenge is run by New York-based business consultant Luminary Labs, and supported by Amazon Web Services. Find all the details on applying at the challenge’s website.

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The central bank will carry out "dynamic adjustment" in its policy for commercial banks' reserve requirement ratio in the targeted manner in the near future and will ensure financing to be more inclusive and supportive for smaller firms, Chen Yulu, a deputy governor of the PBOC, said on Monday.

The city's manufacturing shift is emblematic of the broader trend in China as the "world's workshop" built upon low labor and production costs is taking on new forms.

The city and county claim that the proposal is protected by non-disclosure agreements with private landowners and therefore can’t be released to the public.

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The city government of Prague repeatedly made wrong moves on Taiwan and other major issues concerning China's core interests, grossly interfered in China's internal affairs, and openly violated the one-China principle, the office said in a statement.

The city has provided a hotline for reporting such needs, and the bureau will take care of the arrangements, Li said.

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The chairman of the Democratic National Committee called for a recanvass of the Iowa caucuses Thursday after a software glitch created inconsistencies in the vote count.

The central bank cut the interest rate of re-lending funds that aim to help agribusiness and small businesses by 0.25 percentage point to 2.5 percent. After receiving the re-lending funds at a favorable rate, small commercial lenders will issue loans to small businesses at a rate of no more than 4.55 percent. The spread between the two interest rates is 205 basis points.