The PBOC said in a statement Thursday that it would conduct open market operations in a flexible way to meet the seasonal liquidity needs of banks near the year end.
The No 1 Branch of Shanghai Prosecution Service has initiated the prosecution against Wu on charges of illegal fundraising and embezzlement, according to a statement by the prosecutor.
The National People's Congress on May 28 voted overwhelmingly to approve a decision on establishing and improving the legal system and enforcement mechanisms for the HKSAR to safeguard national security.
The Ministry of Finance said the tariff cut will enrich domestic market supply and meet the diverse needs of the people to provide more plentiful and affordable consumer experiences.
The PBOC will also develop more green finance products, expand financing channels, roll out industrial standards and set up green credit mechanism, according to Chen.
The National Hurricane Center in Miami said the eye of Michael was about 25 miles (40 kilometers) east of Macon in central Georgia at 2:00 am Thursday. The storm had top sustained winds of 60 mph (96 kph) and was moving to the northeast at 20 mph (32 kph).
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The NEEQ saw asset restructuring 45 times, worth 4.67 billion yuan, and 226 mergers and acquisitions worth 36.46 billion yuan.
The PPI data came along with the release of the consumer price index (CPI), which showed consumer inflation easing to 3.3 percent in April amid retreating food prices as the country fast-tracks the restoration of economic activities amid further epidemic containment.
The NDB previously approved 0 million in nonsovereign loans to Transnet SOC Ltd, a large South African rail, port and pipeline company, to expand Durban's port capacity and a 0 million sovereign-guaranteed loan to Eskom, South Africa's electric public utility, for renewable energy projects. South Africa now has 0 million in loans from the NDB.
The PBOC called the rate rise a "normal market reaction" to the Fed's hike, and said it reflected supply and demand in the money market.