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The central bank may also deliver more rate cuts, including a cut in the one-year benchmark deposit rate, to meet policymakers' requirements of saving jobs and rescuing smaller businesses, analysts said. Lower interest rates will help create a favorable financing environment for further bond issuance, they said.

The central bank meeting on Wednesday, chaired by PBOC Governor Yi Gang, stressed that "stabilizing expectations" was among the authority's priority tasks. In addition, monetary policy should focus on extending credit and innovating new tools, said a statement on its website.

The chemical is no longer used by most major manufacturers of microwave popcorn. It's unclear if the chemical was present in the young man's vaping products, which have been thrown away, doctors told NBC News.

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The city of Hong Kong hosted celebrations on Tuesday, marking the People's Republic of China's 70th anniversary.

The city's transportation authorities said the following day they would not impose a lockdown, but strict precautions would be implemented on provincial highways and at railway stations and airports.

The challenge in China for DeLaval, which is part of Tetra Laval Group that also owns Tetra Pak and Sidel, is particularly stiff because 62 percent of the local dairy farms are medium - or large-scale businesses, home to 3,000 to 5,000 cows each, according to China Dairy White Paper, published in July.

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The chairman also pledged to reduce Wanda's corporate debt through all available means, including the sale of non-core assets and minority stakes of the businesses it controls.

The central bank cut the RRR four times in 2018, and the ratios for large banks decreased by 2.5 percentage points to 13-14.5 percent.

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The city will this year establish a center dedicated to providing IPR services to high-tech companies.

The central bank will also increase the use of regulatory technology, or "regtech," to boost its capabilities in identifying, preventing and dissolving financial risks, including both cross-sector and cross-market risks, with technology such as big data, artificial intelligence and cloud computing, it said.