The central bank has released a guideline on the intensified efforts to build Shanghai into an international financial hub on Feb 14, and approved the application of Master-Card to set up a domestic bank card clearing institution on Feb 11, PBOC Vice-Governor Chen Yulu said in a recent news briefing.
The city has the largest water area and the least land of any Chinese prefecture-level city.
The city will widen channels to bring in global talent and fuel the city's efforts to establish a science and technology innovation center, according to a report delivered on Monday by Mayor Chen Jining to the second session of the 15th Beijing Municipal People's Congress.
The chairman set a deadline of May 4 for the State Department to hand over documents regarding the decision to withhold funding from the WHO.
The city government will reward labor recruitment agencies that help companies employ workers . If labor recruitment agencies manage to recruit 100, 300, or 600 workers for industrial production enterprises, they will be granted between 30,000 and 100,000 yuan accordingly, provided that the new workers are employed for at least three months.
The central Pacific gets fewer hurricanes than other regions, with about only four or five named storms a year. Hawaii rarely gets hit. The last major storm to hit was Iniki in 1992. Others have come close in recent years.
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The chief executive of HSBC has stepped down after less than two years in the job, as the banking giant revealed solid first half profits but warned it faced "challenging" geopolitics.
The city's first so-called cabin hospital was established in seven days before it began to admit patients. Mainland experts supported its design, construction and management.
The central bank reiterated the importance of the financial sector in serving the real economy at an insider PBOC meeting on Friday presided over by central governor Yi Gang, who asked relevant departments to properly implement the monetary and credit policy in a precise manner.
The central authorities of finance, taxation and customs jointly announced last week to further ease the duty-free shopping quota from 16,000 yuan 30,000 yuan, as a move to boost tourism and domestic consumption as Hainan island targets becoming a free-trade port.