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The central bank injected 57.8 billion yuan of net cash into the market in November.

The city is a budding hot spot for attracting some of the world's iconic projects. For instance, Tesla's Gigafactory 3 recorded the largest single foreign investment Shanghai has ever received, whereas Shanghai Disney Resort marked the biggest ever joint venture in the services sector in China.

The central government collected more than 8.1 trillion yuan in fiscal revenue, up 7.1 percent year on year, while local governments saw fiscal revenue expand 7.7 percent to top 9.1 trillion yuan.

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The central government is paying close attention to the COVID-19 epidemic in Hong Kong, and has mobilized mainland health professionals to aid the battle against COVID-19 in Hong Kong, including helping build community-based treatment facilities and interim hospitals as well as bearing relevant expenses.

The center will seek to explore new opportunities in China's healthcare market.

The city has accelerated the setup of R&D innovation organizations. Local government and Shenzhen-based Huawei teamed up on Monday to jointly establish a national industrial innovation center, while Guangdong province last week announced it was establishing a new provincial-level laboratory for artificial intelligence and the digital economy in Shenzhen.

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The charges followed a months-long investigation that involved the Manhattan district attorney's office.

The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

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The central bank has banned initial coin offerings last year as part of effort to prevent risks and prevent illegal fund-raising, according to Zhou.

The central government has vowed to cut taxes and fees and expand effective investment to keep the country's economic growth within 6 percent and 6.5 percent this year, according to the Government Work Report released at this year's session of the National People's Congress.