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The central government's assistance is the only way Hong Kong can overcome its latest crisis during the COVID-19 pandemic, said Eliza Chan, a member of the National Committee of the Chinese People's Political Consultative Conference, the country's top political advisory body. Close collaboration between the Hong Kong's health authorities and mainland advisers is paramount if the city is to take advantage of relevant experience from across the border, said Chan, senior consultant of Deloitte and a solicitor from the Hong Kong Special Administrative Region.Hong Kong is facing its worst wave of the pandemic. If it's left unchecked, it will very likely trigger a collapse of the city's fragile hospital system and leave further economic ruin in its wake, she said. "Despite its best efforts, Hong Kong cannot solve the human and testing resources shortage on its own.""With one of the most effective and successful responses to the pandemic in the world across the border, the decision to seek the mainland government's assistance was a practical and obvious one," Chan said."Not only can mainland experts provide technical advice on building temporary hospitals, they can also help us greatly increase our testing capacity," she said.Responding the recent claim that DNA of Hong Kong residents will be secretly collected by the mainland experts, Chan said remarks that China would use this opportunity to collect DNA samples for surveillance purposes should be strongly condemned. "We should always put public interest, health and safety above politics. These smear campaigns are consistent with the general anti-mainland sentiment and mistrust among many people in Hong Kong," she said."It is abundantly clear that these conspiracies are aimed at undermining the relationship between the central government and Hong Kong," she added.Chan said that in combating these misinformation campaigns, the government should better inform the public with more details and examples of the assistance that the mainland will provide. "Ultimately, actions speak louder than words. What is most important is for the mainland teams sent to Hong Kong to demonstrate their professional qualities and carry out their jobs transparently," she said.

The city's success complements a 2014 plan by China's State Council to boost the development of the sports industry. The plan states that the value of the industry is expected to reach 5 trillion yuan by 2025.

The center now has 29 sports teams, with a few of them newly established, including the one for aeronautical pentathlon and naval pentathlon, which were founded in 2015 and 2017.

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The changes started to roll out in the U.S. Friday. Amazon says the changes?will be evident in two primary ways:

The central bank increasingly relies on open-market operations,including MLF and PSL tools, for liquidity rather than cuts in interest rates or reserve requirement ratios.

The central bank also conducted 80 billion yuan of seven-day reverse repos and another 70 billion yuan of 14-day reverse repos on Monday.

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The central bank will continue to work with other departments to push forward the financial market's opening-up process in a prudent manner, the statement added.

The central government will as always support Hong Kong in growing its economy and improving the people's livelihoods, President Xi Jinping said on Thursday during his trip to mark the 20th anniversary of Hong Kong's return to China.

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The center is located in Yinchuan Comprehensive Free Trade Zone, an important force to expand Ningxia's trade and boost economic development. The zone was established in September 2012 with the approval of the State Council.

The central government's efforts in taming the residential property market to prevent excessive speculation are beneficial to the whole industry, and will present opportunities to developers like HKR International Ltd, said a senior executive of the Hong Kong-based property developer.