The nation's macro leverage level, or the total debt-to-GDP ratio, is likely to rise continually, and a task of the macroeconomic policies is to keep the ratio stable. It should strike a balance between economic stability and risk prevention to leave room for a long-term sustainable growth, Yi Gang, Governor of the People's Bank of China, wrote for a piece in a magazine run by the country's forex regulator on Sunday.
The move comes as China's major e-commerce players are looking to bulk up their logistics businesses to support their global expansion and boost revenues by offering services to third-party entities.
The move came after several cases of illegal solid-waste dumping in areas including Guangxi, Henan and Anhui, which caused harm to the local environments.
The name South by Southwest (SXSW) was a play on Alfred Hitchcock's classic thriller North by Northwest, referring to Austin's location on the map.
The mixed-ownership reform of SOEs will be deepened, and the establishment of modern corporate systems will be pushed forward to refine their market-oriented operating mechanisms, the Cabinet said.
The nation's service trade grew 11.1 percent year-on-year to reach over 4.3 trillion yuan from January to October last year.
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The move came after US President Donald Trump unveiled his new Afghanistan strategy Monday night in a national address, calling a rapid exit of the US troops from Afghanistan "unacceptable" and pledging a shift from a time-based approach to one based on conditions.
The move aimed at offsetting impact of government bond issuance and payment to keep liquidity in the banking system at a reasonably sufficient level before the Spring Festival, according to a statement on the website of the PBOC.
The motive of the attack was not immediately clear. But initial investigation suggested it was an act of retaliation after the owner refused to let a gang sell drugs in the bar, Garcia said.
The movie brought the story of the ancient cave murals to a wider audience, as well as being passed down from one generation to the next.