The municipal government of Shanghai announced 100 policies on Tuesday to address the central government's call for further opening-up, as the city seeks to speed up the pace of building an open, international economic system.
The move aims to protect local residents by preventing the spread of COVID-19 in the country's most populous region, she said.
The moves are part of the company's five-year trade and investment program in the country, which was announced during British Prime Minister Theresa May's visit to China in January.
The money can be used for shopping in designated businesses in Shenzhen's district of Luohu, which funded the program.
The mother hopes that schools and teachers can provide psychological counseling or guidance to help students stay positive.
The move is supposed to prevent unexpected market fluctuations and ensure ample liquidity, the People’s Bank of China said on Sunday.
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The move marks a step forward as the first group of online courses in higher education are being promoted overseas, said Wu Yan, head of higher education of the Ministry of Education.
The most recent and biggest US-based company to move into delivery service is Starbucks, operator of about 14,000 stories in the US. It has started delivering in San Francisco with plans to expand to Boston, Chicago, Los Angeles, Washington and New York.
The momentum is expected to continue over the next 12 months. According to Deloitte estimates, about 150 to 180 companies are likely to raise funds from the STAR Market next year, with the total financing amount expected to be between 250 billion yuan and 300 billion yuan. Nearly 170 companies will raise 170 billion yuan on the ChiNext. Another 150 companies may go public on other boards of the A-share market, raising approximately 170 billion yuan.
The move signals regulators' efforts to reduce operating costs of securities firms and other financial institutions as part of capital market reforms that focus on vitalizing market entities, said Hong Rong, founder of Shanghai-based investor education platform Hongda Education.