The centerpiece of the show is a 9-meter-tall golden dog lantern which is meant to usher in the Year of the Dog. Measuring three stories high and weighing 1 ton, the massive installation consists of more than 10,000 joints that took five electricians a month to solder.
The city's total fixed-asset investments exceeded 17.7 billion yuan in 2018, which is 26,000 times larger than that of 1959.
The central bank will innovate and take advantage of structural monetary policy tools, such as targeted cuts of reserve requirement ratio, medium-term lending facility and re-lending, to increase credit support on micro, small and private companies, as well as manufacturing producers.
The central bank has increasingly relied on open market operations for liquidity management, rather than cuts in interest rates or reserve requirement ratios.
The central committee of the Kuomintang (KMT) party in Taiwan conveyed its condolences and expressed hope that quake-hit residents can weather the difficulties and complete post-quake reconstruction as soon as possible, said Ma Xiaoguang, mainland spokesperson for the State Council's Taiwan Affairs Office.
The city of Kitakyushu in Fukuoka Prefecture has been hit by a second wave of coronavirus infections, after a recent spike in new COVID-19 cases led to the government deploying its cluster response team to the city.
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The civil affairs bureau of Aba Tibetan and Qiang autonomous prefecture has sent 20 tents, 400 quilts, two electric generators and 400 sets of clothes to the site.
The city, located in the northern part of Jiangsu, will be connected with Shanghai by high-speed rail by the end of this month. The opening of the railway, which will reduce the travel time between the cities to less than 2.5 hours, is set to accelerate the economic and cultural cooperation between the cities, said Wu Xiaodan, chief of Yancheng's publicity department.
The city is also making every effort to create a globalized and convenient business climate, fully compliant with international laws, for international investors, said the mayor.
The central government has rolled out a series of measures to offset the negative impact including cutting interest rates, reducing or exempting tax and fees, issuing favorable policies for companies including airliners to sell bonds and raise funds in the stock market to replenish capital.