The central bank is accelerating its efforts to introduce a government-backed digital currency, aiming at securing a cutting-edge position in the global cryptocurrency race, said Wang Xin, director of the PBOC Research Bureau, at a seminar at Peking University recently.
The city has designated more than 2,234 roadside business areas, 82 promotion areas on streets near large shopping malls and 17,891 vending spots, creating more than 100,000 jobs, the city government said.
The cities in the Bay Area, commonly known as the"9+2", comprise the Guangdong province cities of Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen and Zhaoqing, plus the two special administrative regions of Hong Kong and Macao. Hong Kong, Guangzhou and Shenzhen have dominated the region for decades, with the highest GDPs and economic growth.
The challenge of sustainable transition is "common for all of us", he said. "But in this transition, the position of China is particularly crucial. And I am very happy to see China and Chinese institutions are taking an active role in the global arena and are taking the next step to find the best technological solutions."
The city would grant Amazon the tax breaks over 15 years. If Amazon adds 4,000 jobs and expands to a?second office building, an additional million in tax breaks could be possible.
The centrality of New Zealand was one of the themes discussed at the recent Building the Southern Link conference in Auckland. The conference on June 25 attracted more than 150 international experts, businesspeople and key stakeholders from New Zealand, China, Argentina and Chile.
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The city government will also work to ensure that more administrative services can be accessed online and the public only need to make one single trip to government offices to get things done, he said.
The city's Bureau of Emergency Management confirmed on Saturday that the last missing worker was found dead, raising casualties to 11.
The central government lambasted radical protesters in Hong Kong on Sunday for blatantly trampling on the national dignity and the principle of "one country, two systems".
The change in policy allowing those over 70 to take driving tests, in effect since Oct 22, has been welcomed by the elderly.