The move is among a number of measures to accelerate cultural and business activities during night time in China. Many cities, especially metropolises such as Beijing, Shanghai and Guangzhou, have rolled out plans to support nighttime consumption, aiming for new economic momentum in the service sector between 6 pm and 6 am.
The most likely targets for cuts would be official overseas trips, vehicle usage and hospitality, areas known as the "three public expenses", which are often in the budgetary crosshairs, according to Wang.
The municipal government of Ulan Bator has approved at least 50 sites for such infrastructure centers to be built in the coming years.
The most recent accident occurred on Dec 17, when a gas outburst in a coal mine in Anlong county resulted in 16 deaths.
The move also reflects a broader trend in which internet companies jump on the bandwagon of group-buying in search of a new growth engine, especially since the COVID-19 outbreak, to tap new consumption potential from price-sensitive consumers.
The move followed an injection of 150 billion yuan through seven-day reverse repos on Wednesday.
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The move came as Tencent aggressively builds its own ecosystem by promoting paid reading on WeChat, which has about 889 million users. Meanwhile, Apple banks on iPhone users spending more within its iOS ecosystem to boost its service revenue.
The most important festival to Chinese, Spring Festival usually falls in January or early February. This year, Spring Festival Eve falls on Thursday, one day after Valentine's Day.
The move comes as Oppo plans to invest 10 billion yuan (.47 billion) in research and development (R&D) this year and expand its R&D staff to over 10,000 people.
The most authoritative study on the problem was conducted by the Equal Opportunities Commission's Working Group on Education for Ethnic Minorities. Its recommendations were published in September and highlighted three main recommendations.