The China Banking and Insurance Regulatory Commission, the top banking and insurance regulator, will intensify its crackdown on illegal lending by banking and insurance institutions that finances leveraged stock investments, a commission spokesperson said on Saturday.
The Chinese economy may be hitting the bottom rung of its growth cycle or will bottom out in one or two years, according to a leading academic and former top government advisor.
The ChiNext Index, China's NASDAQ-style board, gained 3.44 percent to close at 1,497.61.
The Chinese central government as well as many local governments have rolled out measures to boost car sales. Carmakers also have introduced new sales approaches including live streaming car sales to reach consumers who were staying at home.
The China National Commission for Disaster Reduction and the Ministry of Emergency Management jointly activated a level-IV emergency response, the lowest level, on Monday, the ministry said in a statement.
The China Coast Guard said it will maintain pressure against such crimes and pay attention to uncovering some major and individual cases.
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The China Brand Development Index continued to rise in 2019, hitting 111.69 in the fourth quarter last year, while the figure is estimated to drop at the beginning of 2020, with about 95.83 - 98.47 in Q1 according to the China Brand Development Research Center as cited by People's Daily.
The Chinese Association of Plastics and Aesthetics did not answer calls from China Daily on Wednesday.
The China Program also launched the US-China Perception Monitor site to identify bias from both the United States and China when it comes to viewing each other on various issues.
The China Merchandise Reserve Management Center said on Monday that 20,000 metric tons of frozen pork were scheduled for release on Thursday, bringing the total amount of pork released from the center to more than 220,000 tons since September.