The move came amid the rain of domestic criticism over his performance in his first meeting with Putin in Helsinki, and Russia's request to question American citizens including former US ambassador Michael McFaul.
The moving story took place in Hezhou, South China's Guangxi Zhuang autonomous region, last September. In the video, an aged woman limping on a crutch seems to have trouble walking quickly, so misses the last seconds of a green traffic light. She looked helpless in the video.
The move is part of the ministry's broader effort to promote investment in the manufacturing sector, which China aims to upgrade with cutting-edge technologies.
The move has assuaged concerns of massive job losses in the breeding sector.
The move aimed to offset the impact of factors including tax payments and government bond issuance and keep liquidity in the banking system at a reasonable and ample level, according to a PBOC statement.
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.
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The move followed shortly after Mobike's cash-strapped rival Ofo Inc came under fire for stalling on deposit refunds. Once touted as investor darlings, the two companies seem to be pedaling toward an unforeseeable future due to overexpansion and struggling to find profitable business models, analysts said.
The nation's consumer price index, a gauge of the prices of goods and services, rose by 2.5 percent year-on-year in September. Analysts said consumer inflation in the fourth quarter is expected to be mild, but China should get prepared for the effect of possible spikes in international oil prices on domestic inflation.
The move will improve the yuan yield curve in the region and help in yuan internationalization, said a statement on the PBOC website.
The municipal government of Shanghai said it will make Pudong New Area contribute more to the high quality development of the nation and achieve the goal of 2 trillion yuan (0.7 billion) GDP (gross domestic product) in seven years, official sources said on Tuesday.