The LPR was a new anchor for all bank lending, and the new method was seen as a remarkable achievement of the country's long-lasting market-driven interest rate reform. It is the price of loans banks offer to their best clients, which replaced the existing one-year benchmark lending rate as a reference.
The M2, a broad measure of money supply that covers cash in circulation and all deposits, rose 8.4 percent year-on-year to 202.31 trillion yuan at the end of January.
The Ministry of Commerce, General Administration of Customs and National Medical Products Administration made the announcement jointly.
The Indian Association in Shanghai has always been actively involved in local activities. For the past six years, hundreds of Indians in the city have been donating blood as a way to give back to Chinese society.
The IMF raised its forecast for China's average annual economic growth for 2018-20 to 6.4 percent from 6 percent, but warned of piling up risks that may affect sustainable growth.
The Lyon Sino-French Institute, established in July 1921, witnessed a unique period of exchange between China and France. President Xi visited the former site of the Lyon Sino-French Institute as part of his state visit to France in March 2014.
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The Kenya Flower Council will sign an MoU with Funfree International Trade Co Ltd to expand flower exports to China.
The Ministry of Agriculture and Rural Affairs has launched a crackdown on the illegal use of chemicals and additives to ensure food safety.
The Lu'an Mining Industry Group signed debt-to-equity swap agreements with the local State-asset regulator and China Construction Bank Corp worth 20 billion yuan ( billion) in March.
The INE's president, Lorenzo Cordova, said that when his organization's activities begin, there will be "no room for fraud" in the elections.