The Chinese central bank decided to inject more than 800 billion yuan (5 billion) through a broad cut of the cash amount that financial institutions must hold as reserves, or the reserve requirement ratio (RRR), to keep liquidity ample and provide cheaper financing for the real economy.
The Chinese government is implementing more and more stringent environmental protection policies, so as to improve the current air pollution situation. Especially in smog-plagued Beijing and nearby cities, the Ministry of Environmental Protection has issued stricter emission standards and published regulations to reduce production of heavily polluting industries.
The Chinese embassy in the UK said the Metropolitan Police had notified the embassy that they had discovered a woman believed to be Yan dead at her residence. The embassy notified Yan's family and will provide assistance as needed. At the family's request, the embassy urged respect for the family's privacy.
The China-proposed Belt and Road Initiative, which aims to spur global economic growth through international cooperation in infrastructure building and other areas, presents El Salvador's agriculture with another opportunity to benefit.
The China Securities Regulatory Commission said last June that qualified wholly foreign-owned enterprise and joint-venture companies can apply to become privately offered fund managers at the Asset Management Association of China.
The China Securities Regulatory Commission (CSRC) said it would work to develop a capital market with more standardized rules, transparency, openness, vitality and resilience, while adhering to the supply-side structural reform in the financial sector as specified in the statement released after the country's annual central economic work conference.
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The Central Election Commission said about 3 million citizens will be eligible to vote for their future leader at 2,375 polling stations, including 37 outside the country.
The China Chain Store & Franchise Association has released a guide to self-service operations. It includes how the sector should be regulated, and covers management models, merchandize safety, food safety and post-service.
The Chinese fast-moving consumer goods segment has been seeing a recovery of sorts from the second quarter of the year, despite the 2-percent decline during the first half, Kantar said in a report. The sector is likely to witness positive growth in the second half as the epidemic control measures are bearing fruit. There is a strong demand for quality and sophisticated global brands in China, said Yu.
The China SME Confidence Index rose to 54.7 in November from 54.5 in October, rising for the second consecutive month, according to a report from Standard Chartered Bank.