The ceremony was supported by the publicity department of the Hainan Provincial Party Committee and the People's Publishing House. Joint organizers include the Hainan Federation of Humanities and Social Sciences, Hainan Daily, Hainan University, and Hainan Phoenix Xinhua Publication and Distribution Co Ltd.
The central bank uses monetary tools such as the MLF to manage short- and medium-term liquidity in the banking system of the world's second-largest economy.
The central bank has been using the MLF to channel funds more directly to sectors of the economy that need it most.
The chief executive also announced a number of measures to help break the city's political impasse.
The city's former chief executive Leung Chun-ying underlined in a social media post that anyone who breaks the law in Hong Kong will be brought to justice in accordance with the law.
The central authorities will take tough actions against the practice of formalities for formalities' sake and bureaucratism, extend inspection to cover all fronts, and consolidate and develop a sweeping victory in the fight against corruption.
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The central government will also offer stronger support to the city after the national security law's enactment, including financial support to buttress its status as an international finance center, Zhang said.
The city had 4,647 new college graduates this year, and 4,475 of them found employment. With an employment rate of 96.3 percent, more than 74,700 rural residents have job opportunities and revenue has hit more than 593 million yuan ( million).
The central bank will control the issuance quota of the digital RMB, working out unified technical, security and application standards. In addition, it will manage digital RMB wallets, which allow users to deposit money into an account stored on their electronic devices.
The center, based in Hengyang, will produce an array of devices for Amazon, the report said, citing unnamed industry sources.