The city of San Jose, California, is exploring methods to encourage residents and businesses to produce less waste while renegotiating with waste recycling contractors.
The central bank warned in the notice that acute problems such as excessive lending and borrowing, extremely high interest rates, improper debt collection and privacy infringement have emerged in the industry and they could lead to financial and social risks.
The city incubated and introduced 1,204 enterprises and signed partnerships with 78 new type of R&D institutions during the first five months of the year, according to a report in Nanjing Daily.
The change came as Moody's expects the country's general debt to rise further, despite ongoing reforms are likely to transform the economy and financial system over time, Taylor said.
The chives, which can be harvested two or three times a year, are more profitable than corn. The output value of chive crops per hectare can reach at least 300,000 yuan, more than 20 times that of corn and 10 times that of rice, Wang said.
The city and district government will shoulder the costs for the tests, it added.
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The center, built and managed by China, monitors major earthquake subduction zones -- where the Earth's plates converge -- in the South China, Sulu and Sulawesi seas and provides 24-hour uninterrupted warning services, said Wang Hua, a State Oceanic Administration (SOA) official.
The city's GDP in the first half of last year was 1.5 trillion yuan, representing 6.3 percent growth year-on-year.
The central government saw higher-than-expected revenue last year, Li said, adding there was double-digit revenue growth in the first two months of this year.
The city used to boast factories and industries, but many of them have closed in recent years. However, Chinese businesses have confidence in the port, bringing confidence to locals.