The central bank considered the launch of a cryptocurrency three years ago, and the issuance would take Hong Kong's experience as a reference, according to Zhou Xiaochuan, the central bank's former governor.
The city's economic pillar has gradually shifted to green industries - to organic foods such as blueberries and pine nuts, and to free-range pigs. Last year, nearly 50 percent of the city's GDP came from forest foods, wood art and tourism, the city government said. Long Shirong, a sales manager at Yilin Group, which makes forest products, said: "Yichun is in the Lesser Khingan Mountains, which has millions of hectares of forest. It has many rare resources, its air is full of negative ions, its water has never been polluted by factories and its black soil is fertile. Green food has a promising future here."
The city government has attached great importance to this new economy, and has issued a package of policies including tax cut, office rent and human resources.
The central government would do well to raise funds for infrastructure projects by issuing national debt, to make fiscal deficit and government debt explicit.
The central bank will keep market liquidity reasonably sufficient to meet practical demands and avoid either a cash shortage or soaring inflation, and that the increase in M2 money supply and aggregate financing should match or be slightly higher than the nominal GDP growth, he said.
The city also reported several major breakthroughs in the biomedicine sector over the past few years, including development of medicine and high-end medical equipment.
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The central government has urged SOEs to carry out mixed ownership reform in a bid to stimulate their vitality and boost their earning capacity.
The central bank on Wednesday also dropped the phrase that "the stance of monetary policy remains accommodative" from the statement. But Fed Chairman Jerome Powell played down the significance of this change.
The ceremonial and symbolic nature of his visit aside, Trump will be taken to Japan's Maritime Self-Defense Force base in Yokosuka, Kanagawa prefecture, on Monday to board the Japanese helicopter carrier Kaga.
The city's supportive measures to boost the new economy have benefited numerous companies, with Chengdu Haier Sen Hospital being one of them.