Liu, who is a member of the National Committee of the Chinese People's Political Consultative Conference, the nation's top political advisory body, said that the current market liquidity is sufficient to support the new issuance and the issuance should avoid side-effects, such as growth in interest rates.
Local SOEs are also making full use of this approach. Two coal companies in North China's Shanxi province in March signed debt-to-equity swap agreements with the local State-asset regulator and China Construction Bank, worth a total of 20 billion yuan ( billion).
Local residents of Huangling village in Wuyuan county, East China's Jiangxi province, fill their bamboo trays with red chilis, chrysanthemum, corn and tea for air drying and winter storage. This ancient agricultural custom incidentally creates a beautiful scene.
Liu, 83, a resident of Xinhe in Mishan, Heilongjiang province, began the work in 1972 when he noticed villagers and vehicles were inconvenienced by the terrible condition of the dirt roads, especially on rainy days.
Looking forward to the release of detailed measures, Lie advised policymakers to make a complete set of measures that will support all enterprises in a certain industry.
LivingSocial has been burning cash, and last year it cut 400 staffers. Amazon invested 5 million in the company in 2012, but it took a 9 million write down on its investment last year after the company hit roadblocks.
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Local government helps decorate their houses and sets service standard. Registered poor families would enjoy preferential policies such as subsidy for rice-growing and healthcare insurance.
Local media reported severe flooding, showing cars underwater and people swimming through Macao's streets. The region's mega casinos were running on backup generators.
Longfor Properties said early this month it would issue 0 million of senior notes due in 2020 and use the proceeds for refinancing only.
Local authorities are being asked to carry out employment surveys in rural areas and to provide employment information for migrant workers in a timely manner.