The meeting also urged stronger financial support for the real economy across the board. In the first seven months of this year, financial incentives including interest rate and fee cuts and deferred loan repayment in principal and interest have saved businesses over 870 billion yuan.
The ministry also strengthened supervision on procedures of the farmland construction while further improving a nationwide monitoring system, it said.
The ministry said with China's economy steadily recovering, it expects major economic indicators to keep improving, while the decline in fiscal revenue would continue to narrow.
The meeting, presided over by State Councilor Yang Jiechi, is one of a series of BRICS meetings during China's rotating presidency of the BRICS bloc this year.
The maximum financing amount of each fund will be about 50 billion yuan, while 5 billion yuan would be the lower limit. Individual investors can subscribe to the funds between Monday and Friday and institutional investors on next Tuesday (June 19). Each individual investor can purchase 500,000 yuan at the most from each fund.
The metro systems in seven cities, including Shanghai, Hangzhou and Nanjing, will recognize other cities' payment codes on their respective mobile apps, marking the first integration of this kind in China.
辽宁省沈阳哪家医院治甲状腺结节病
The ministry said the US government has repeatedly generalized the national security concept and abused its national power to suppress Chinese companies, seriously violating market competition principles and international trade rules.
The measure would then move to the Republican-controlled Senate, where there may be enough GOP defections for approval. The law that spells out the rules for emergency declarations seems to require the Senate to address the issue too, but there's never been a congressional effort to block one and some procedural uncertainties remain.
The mi 5S smart phone, Huawei P10 and Samsung Galaxy S8 Plus have inbuilt security chips, meaning users can simply download the Beijing one-card pass app. Other mobile phone users need to go to replace the original SIM card with a different SIM to enable the payment. At present, iPhone's are not compatible with that technology in China.
The measures will not only help banks increase their presence in China but are a boon to many other foreign businesses, analysts said.