The new rules will also expand the usage of the fund, allowing it to offer capital support to insurers if they face liquidity crisis. The maximum amount of capital insurers can obtain from the fund as liquidity support cannot exceed 15 percent of the outstanding value of the fund in the previous year, the report said.
The national security legislation for the Hong Kong SAR has the fundamental purpose of safeguarding national sovereignty, security and development interests as well as the enduring peace and long-term prosperity and stability of the region, he said.
The new opening-up measures will further deepen investment cooperation between China and other countries and regions, and facilitate more extensive capital, technology, management and personnel exchanges.
The new policy will benefit more than 300 million patients with the diseases who are covered by the basic medical insurance scheme in rural and urban areas, the statement said.
The new insurance product addresses customers' all-rounded needs in the prevention and early diagnosis of serious illness, and offer access to treatment, ongoing care and financial support, according to the joint venture between the largest United States life insurer, MetLife Inc, and Shanghai Alliance Investment Ltd.
The natural disaster destroyed 184 houses, four school buildings, and dozens of infrastructure facilities, including roads, bridges and water channels in the province, Sutopo said.
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The new project will be equivalent to nearly 20 million metric tons of standard coal, cutting carbon dioxide emissions by 52 million tons per year, according to Lu.
The new system aims to further improve the examination process for university graduates and deal with their hukou matters, enhancing work efficiency and increasing Shenzhen's attractiveness for talent, the announcement said.
The new centers will be set up in Hangzhou, capital of East China's Zhejiang province, and the city of Ningde in East China's Fujian province, respectively.
The new capabilities, unveiled Wednesday at Amazon’s Alexa Live event, come as Alexa usage has spiked during the pandemic with people spending more time at home. Engagement with Alexa skills has nearly doubled over the last year.