The central bank will strongly support Shanghai's aspiration to become an international financial center, Yi Gang, governor of the People's Bank of China, said at the Lujiazui Forum in Shanghai on Thursday.
The ceremony this week honored 271 projects and nine scientists with national prizes. Two Chinese scientists – explosives expert Wang Zeshan and virologist Hou Yunde – won China's top science awards.
The central bank also said that it would establish a countercyclical capital buffer regime, which became effective from Sept 30, to protect the banking sector from periods of excess aggregate credit growth that have often been associated with the buildup of systemic financial risks.
The central bank should let the market play a greater role and does not need to intervene unless the currency witnesses sharp depreciation or appreciation going beyond the benchmark, which is 7.5 percent on average each year on either side, according to the Jingshan report by China Finance Forum 40.
The center is said to be the first in the country to use robots to help treat children with autism.
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.
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The change will take effect before Tesla rolls out its first Chinese-made Model 3 vehicles, electric vehicle news website Electrek reported.
The challenge of the real estate market will be well handled and efforts will be made to "resolutely stem property price rises", according to Xinhua. The process of establishing a long-term mechanism for the stable and healthy development of the property sector will be accelerated, it said.
The central auditing committee should strengthen its top-level design as well as planning and coordination, Xi said.
The city has made 1,200 hospital beds available for anyone suspected of having coronavirus, officials said.