The city used to boast factories and industries, but many of them have closed in recent years. However, Chinese businesses have confidence in the port, bringing confidence to locals.
The central bank stated in its latest monetary policy report that it may take additional measures to hedge against exchange rate risks and to minimize the negative impacts from foreign exchange market fluctuations.
The city said it will continue to attach great importance to the prevention and control of the epidemic while making coordinated efforts to promote economic and social development.
The central business district in Beijing. [Photo/Sipa]
The central bank announced recently that it will increase its quotas for relending and offering rediscounts to financial institutions by 150 billion yuan (.53 billion), to ensure targeted loans can be channeled to private firms. The move follows an expansion of the same amount in June.
The central bank data showed a total of 680 billion yuan of reverse repos were set to mature this week.
中山搜索引擎优化排名
The city is presently planning to set up an AI fund containing more than 100 billion yuan as well as 10 public platforms for AI innovation, six demonstration zones and 60 AI applications.
The central bank said on Sunday in its first-quarter monetary policy report that it will further step up countercyclical adjustment to support the economy and fend off risks. It will use both quantitative and structural policies to keep liquidity at a reasonable and ample level, and support the economy, especially smaller businesses, through the hard times.
The ceremony honored 279 projects, seven scientists and one international organization with national prizes.
The central government is planning to issue documents aimed at supervising all phases of fixed asset investment projects by local governments.