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The PBOC said the exchange rate fluctuation is normal. In the long term, the renminbi's value will depend on China's economic fundamentals. While in the short run, the market demand and supply, and the US dollar's value will have a great bearing on the renminbi.

The Ministry of Finance is working on delivering the quota of newly issued general and special local government bonds, as well as for the special treasuries for COVID-19 control, according to Liu.

The Ministry of Industry and Information Technology said China currently has 563 enterprises making disinfectant and sterilization products.

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The PBOC official noted that market sentiment worldwide has improved recently.

The National Energy Administration is working together with other authorities to further implement the plan for enhancing capabilities to meet the demand for charging NEVs, actively support innovation in the charging business model, and promote the integrated development of charging service platforms.

The PBOC said in a statement that Monday's operation was aimed at maintaining reasonable and sufficient liquidity in the banking system.

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The NFL is gathering more viewers in China as a result of streaming deals with Chinese internet giants. More than 4 million people watched the NFL's conference championship games (Patriots-Kansas City Chiefs in the AFC, New Orleans Saints and Rams in the NFC) on Jan 19.

The Nissan recall involves 48 of imported Infiniti Q50 produced between March 17, 2014 and Jan 9, 2017.

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The PBOC chose an innovative monetary policy tool, the "targeted medium-term lending facilities" or TMLF, which debuted in December 2018. It is a special scheme for the central bank to lend money to commercial banks, or a type of re-lending.

The PBOC lowered the RRRs by 100 basis points for regional banks on April 15. Earlier, it had cut RRR by 50 to 150 basis points for qualified banks in March, aiming to stimulate lending to small and medium-sized enterprises.