The nation will work to develop tourism into a major driver of economic transformation. By 2020, investment in tourism is expected to grow to 2 trillion yuan, and the sector's overall contribution to the national economy will reach 12 percent, according to a State Council five-year tourism plan (2016-2020).
The move makes Hainan the ninth region to adopt such a policy, joining Beijing, Shanghai, Tianjin, Guangzhou and Shenzhen in Guangdong province, Guiyang in Guizhou province, Hangzhou in Zhejiang province, and Shijiazhuang in Hebei province.
The moves follow a drop in auto sales in the world's largest auto market. In the first 11 months of this year, China's auto market saw a sales decline of 1.7 percent year-on-year to 25.42 million vehicles, while output fell 2.6 percent to 25.33 million vehicles, the CAAM data showed.
The move should supplement liquidity in the financing system, while it doesn't mean monetary easing or massive economic stimulus, said a PBOC spokesman.
The moves are part of Huami's broader mission to be a data-driven, cloud-based company offering healthcare insights. Huami has been helping Xiaomi design and manufacture wearables including smartwatches and fitness trackers, but also developed its own branded smartwatches and other smart wearables.
The move was aimed at offsetting the impact of tax payments and government bond issuances and keeping liquidity in the banking system at a reasonable and ample level, the PBOC said on its website.
济南 正规医院无痛人流手术费用
The name Kindle Fire: Hot or Not?
The mountaineering team included MAPKU members, Peking University students faculty, alumni and mountaineering enthusiasts. The youngest team member was 21 years old, while the oldest was 55.
The most remarkable Chinese contribution, perhaps, has been the construction of modern railways that crisscross the African continent.
The move is aimed at promoting mutual benefit and development of the two State-owned companies, according to the State-owned Assets Supervision and Administration Commission of the State Council.