The rate also affects the yield small savers earn on passbook accounts. Low rates are good for the stock market because, in part, winning investments offer higher returns than bank CDs or bonds.
The railway is part of a major high-speed rail line connecting Chongqing; Changsha, capital of Hunan; and Xiamen in Southeast China's Fujian province.
The provincial narcotics control commission said local police cracked over 9,000 drug cases and uncovered over 66,000 drug users in the January-August period.
The provincial flood control headquarters has issued a red alert for geological disasters. China has a four-tier color-coded weather warning system, with red the most severe, followed by orange, yellow and blue.
The provincial government will continue to provide assistance to foreign trade enterprises to hedge the adverse effects of the epidemic with favorable policies and aim to meet the established targets for trade growth this year, Lu said.
The province in East China has seen year-on-year increase of its foreign trade. Its cargo imports and exports reached 1.78 trillion yuan (9.47 billion) in 2017, 1,215 times of the amount in 1978.
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The rain could cause at least six major rivers to flood, and the water level in some small and medium-sized rivers is expected to rise above warning levels, it said.
The quality of a moderately prosperous society and socialist modernization is determined by agricultural competitiveness, rural environment, and rural incomes, said Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission.
The ratio of demand and supply for skilled workers has hovered for years around 3-to-2, according to Xinhua News Agency.
The protests began following the Oct 4 parliamentary elections, with the participation of 16 political parties. Preliminary results showed that four parties crossed the 7-percent threshold to enter the parliament.