On average, every small and medium bank will receive about 100 million yuan from the RRR cut, and it will save nearly 6 billion yuan in financing costs for these banks. The RRR for more than 4,000 small and medium depositary institutions will drop to 6 percent, a relatively low level historically according to the PBOC.
On a monthly basis, the CPI dropped by 1.2 percent last month, down from a 0.8 percent rise in February, pointing to easing inflationary pressure, the bureau reported.
On that subject, Sabaitiene said, "We want to further expand our [China and Lithuania] cooperation and investment, which is still at the beginning stage".
On Tuesday morning, the MEM activated an emergency response and sent rescue teams to the stricken areas to provide guidance in disaster relief.
On Tuesday, Trump said at a White House meeting with government officials and school administrators "we're very much going to put pressure on governors and everyone else to open the schools."
On an earnings call with reporters Thursday, Amazon CFO Brian?Olsavsky called the employee count decrease “purely seasonal,” pointing to increased hiring at fulfillment centers during the fourth quarter.
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On her social media page, Lam said, quoting China's ambassador to the US, this law is also to promise a peaceful living and investment environment for US citizens who work and live in the city.
On stage, girls wearing masks take turns introducing themselves. Meanwhile, men sitting behind two rows of desks offstage express their interest by turning on a light on their desk.
On Wednesday, the State Council announced efforts to develop the sharing economy, amid efforts to boost innovation and entrepreneurship.
On Wednesday, Airbus delivered its first European and Chinese-made single-aisle A320neo aircraft, a new fuel-efficient version of A320, to Air Asia from its center in Tianjin. Air Asia is also the largest global customer of Airbus for its single-aisle aircraft.