The Ministry of Transport holds a news conference in Beijing on June 11, 2019. [Photo/Chinanews.com]
The NDRC said in a statement that the new move is part of the country's larger drive to fight the COVID-19 outbreak and inject new impetus to economic growth. It also said it is necessary to cultivate new types of consumption and foster consumption upgrading.
The Ministry of Transport said on Monday that it would conduct research prior to issuing policies next year on autonomous technologies.
The Ministry of Finance set the coupon rates for the five-year and seven-year special treasuries for COVID-19 control at 2.41 percent and 2.71 percent, respectively, lower than expected.
The NDRC will continue to push the construction of key projects under the initiative while helping companies implement risk-control mechanisms, preventing irrational overseas investments, said the spokesperson.
The PBOC also warned that ultralow interest rates may lead to a huge amount of funds flowing into "zombie enterprises", fueling debt and increasing the leverage ratio, resulting in a fragile financial system.
山东高中生戒除网瘾教育机构
The NDRC price monitoring center cited the rising crude oil price in the global market for raising the prices of processed fuels in China this time. It has also asked major Chinese oil companies, including China National Petroleum, China Petrochemical and China National Offshore Oil, to work to ensure stable supply and pricing.
The PBOC data showed that the country's gold reserves remained unchanged at 59.24 million ounces, and valued at .1 billion.
The National Meteorological Center issued a blue alert, the lowest level for strong convection weather, on Sunday morning, warning torrential rains, gusts, thunderstorms, and even hail could hit a vast portion of China before Monday noon.
The National Chinese Alligator Natural Reserve in Xuancheng and Wuhu cities, Anhui province, is home to more than 15,000 Chinese alligators. [Photo by YE JINGWEN/FOR CHINA DAILY]