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The move shows the Democratic Progressive Party's desire to take control of cross-Straits relations by prohibiting nongovernmental communications, said Liu Xiangping, a professor of Taiwan studies at Nanjing University in Jiangsu province.

The most recent RRR cuts came on Jan 6, through which the ratio for big banks was reduced to 12.5 percent from 13 percent, and for small and medium-sized banks to 10.5 percent from 11 percent, according to the PBOC.

The move comes after an article published on a public WeChat account operated by Hanzhou Lianke Meixun Biological and Medical Co, which cast doubt on the product's efficacy, went viral on Sunday.

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The moves came after vehicle sales in China plummeted in January, the 19th consecutive month of decline.

The mobile CT machines are able to scan a patient in eight seconds on average. Images and data can be transferred to doctors via smart functions using 5G technology.

The move follows the launch of an investigation last month into Quanjian Nature Medicine Technology Development, a health product company based in Tianjin, that was accused in an online report of making exaggerated claims in advertisements and being involved in a pyramid scheme. After the investigation by local authorities, 18 suspects, including the chairman and founder of Quanjian, were detained on suspicion of organizing a pyramid scheme and engaging in false advertising.

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The much-loved temple fairs in the Temple of Earth and Dragon Pool Park attracted 1.7 million tourists from China and abroad.

The move aims to better facilitate the high-quality development of the real economy, while protecting companies' right to be informed, make their own choices and trade fairly, said the circular.

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The multiple arrests prolong detentions without trial and are an oft-criticized prosecution tactic in Japan's criminal justice system.

The nation is also undergoing an innovation and technology revolution with two leading and fast growing technology innovation clusters — the Guangdong-Hong Kong-Macao Bay Area led by Tencent, Huawei and DJI and powered by the Hong Kong and Shenzhen capital markets, and the Shanghai-Hangzhou Bay Area led by Alibaba, Netease and Hikvision and powered by the Shanghai stock, bond, currency and commodity exchanges.