The move will also strengthen the bank's administrative function when it comes to macro prudential regulation, which is a key to forestalling and defusing major risks - one of the "three critical battles" to win by 2020, Xu said.
The move came right after smartphone maker Samsung Electronics Co Ltd pushed its new products in China earlier this month and latecomers such as Smartisan Technology also launched its low-priced handsets on Monday.
The move aims to reduce debt risks for private businesses and boost the growth of the private economy, said the National Development and Reform Commission.
The move indicates that each family could only arrange one member to go out for grocery, for every two days, and the district's transportation are under comprehensive control to tighten the entrance and exit from Sunday.
The move came after California Governor Gavin Newsom on Thursday ordered 40 million residents to remain at home.
The model's fuel consumption per hundred kilometers is 2.1 liters, and its carbon dioxide emissions are 50 grams per km.
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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 most effective way to eradicate pollution is to recover the wreckage, but the owner's opinion should also be considered in salvaging sunken ships as required by international agreements and laws, Zhi said at a news conference.
The money was donated to The First Affiliated Hospital of Zhejiang University Friday, and will be used for training, research and development (R&D).
The move came after China officially kicked off commercialization of 5G services last week, with the nation's telecom operators announcing their 5G data plans.