The nation will consider transferring State-owned assets into preferred stock and the State special share management system, a senior official said.
The move was launched by the Chinese Society of Forestry and gained support from the State Forestry and Grassland Administration, several schools, research institutes, nongovernmental organizations and enterprises.
The move will affect about 40 bicycle couriers who?carried packages?for Amazon’s one- and two-hour delivery program in the city. One contracting firm told couriers?in an email that the bike delivery program in Seattle was an exception, and that Amazon’s?shift to full vehicle delivery was intended to create a more uniform process for its?Prime Now cities.
The month's rapid credit growth was a result of a series of precautionary measures to ease the negative effects of slowing domestic demand and external headwinds, according to Sun Guofeng, head of the bank's monetary policy department, at a news conference.
The money will be used for research and development, as the company seeks to build a smart logistics assets service platform.
The move from Hong Kong's de facto central bank followed the Federal Reserve's decision to raise interest rates by a quarter of a percentage point in the third hike this year.
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The nation's foreign exchange regulator is also studying the use of blockchain and artificial intelligence to enhance cross-border trade financing, as well as preventing capital flow risks, Lu Lei, deputy head of the State Administration of Foreign Exchange, said on Sunday.
The monetary authority is asking commercial banks to use the 5 billion fund to increase financial support for small, micro and private companies.
The ministry's comments came after US President Donald Trump signed a memorandum on Thursday that could impose tariffs on up to billion in imports from China and restrict Chinese investment in the United States.
The move will also help prevent legal risks, resolve disputes, and improve operation, management and decision-making based on rule of law, as well as provide solid legal protection for the development of the private economy, he added.