The move aims to support Hainan to deepen its reform and opening-up in an all-round way and promote the implementation of the pilot policy in the Hainan pilot free trade zone, said Yuan.
The move toward direct settlement has strengthened people's sense of advancement and helps promote healthy economic and social development with easier flow of human resources, Li said.
The move came as China strives to upgrade its labor-intensive manufacturing sector through technological innovation, as it faces a shrinking working age population and rising labor costs.
The model is popular in the United States, and sales could reach 6,000 to 7,000 a month. Hyundai hopes the Palisade could change the Chinese people's impression.
The move is to offset the influence from factors such as the use of Contingent Reserve Arrangement (CRA) and fiscal expenditure to maintain stable liquidity in the banking system, said the People's Bank of China (PBOC) on its website.
The move is aimed at bringing order to activities on the market, promoting rational movement and optimal allocation of human resources, and supporting employment and entrepreneurship, according to the regulation.
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The motorway will have a positive social impact and promote economic development of Pakistan by stimulating the economic activities in the entire area along its alignment, said Abbasi, adding that the motorway will connect major cities and will ensure efficient and safe transportation of passengers and goods to and from big industrial and economic hubs of the country.
The multilateral lender said China has room to provide more policy support if needed, including on green investment and strengthening the public health system and social safety net.
The minor conservative Righteous Party and the centrist People's Party denounced Moon's appointment of Kang despite their resistance, though the appointment is a right given to the president.
The mother and son arrived at Hong Kong International Airport from New York, on Saturday and returned to Macao by a charter bus arranged by the Macao government.