PBOC said the cut, the third this year following reductions in January and April, was "a targeted, precision regulation" to boost funding for small and micro firms as well as support the debt-to-equity swap program.
Pakistan has expressed enthusiasm for the initiative because it includes the China-Pakistan Economic Corridor, said Fatima Zakir, manager of Fight Media Group in Pakistan.
PPP projects that do not follow standard procedures are not allowed, the planner stressed.
Participants read brochures at the China-Qatar construction material and equipment fair held in Doha on Nov 21, 2018. [Photo/Xinhua]
Pabuk with a 75-km speed per hour hit the shores of Pak Phanang district and Tha Sala district on the mid-day of Friday, reported the Meteorological Department.
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PARIS — US President Donald Trump and French President Emmanuel Macron worked Saturday to ease tensions after a dustup over their comments about European security that threatened to divert attention from a weekend ceremony marking 100 years since the end of World War I.
Part of the class of 2020 students at Peking University attend a graduation ceremony on campus on Thursday. Most of the university graduates watched the graduation ceremony online due to the COVID-19 pandemic. [Photo/Xinhua]
Pakistan-listed Fauji Foods mainly produces and sells dairy products. It is registered in Lahore, the country's second-largest city.
PHNOM PENH - Premier Li Keqiang on Wednesday called on five nations living on the Lancang-Mekong River to consolidate political will and deepen economic ties to promote regional peace and sustainable development.