The central bank will work to maintain the flexibility of the yuan's exchange rate, enhance macro-prudential management if necessary to stabilize market expectations and maintain the basic stability of the yuan's exchange rate at a reasonable and equilibrium level.
The chance to work on this project, which the Spaniard ranks among his most memorable, came in 2013 when he took up an offer by BIE to develop the creative concept for the facility. Having been fascinated with Chinese culture for many years, Vasquez jumped at the opportunity.
The central bank cut the reserve requirement ratio — the proportion of cash that must be kept in reserve at commercial banks — by 0.5 percentage points on Monday, a move that's expected to inject about 800 billion yuan (4.9 billion) into the financial system. In 2019, the central bank reduced the ratio requirement three times to counter economic slowdown risks.
The central government collected 591.9 billion yuan in fiscal revenue last month, up 0.9 percent year on year, while local governments saw fiscal revenue rise 2.9 percent to 704.4 billion yuan.
The central bank and related government departments have jointly issued timely risk alerts on alleged illegal fundraising activities at virtual currency exchanges and have taken actions to restore market order, Gong said.
The center of Vamco, the 22nd typhoon of the year, was at the central coastal waters of Vietnam at 5 am Sunday morning, with winds of up to 126 kph near the eye, according to the National Meteorological Center (NMC).
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The central government has decided to upgrade an industry that has created jobs for tens of millions of rural women - household service.
The charge for shuttle buses running between the three ports was set at 450 yuan per vehicle per trip.
The city is ramping up border controls such as locking down all border villages, prohibiting cross-border movement and heightening precautions against illegal immigration.
The city of Austin, Texas. (Flickr Photo / Stuart Seeger)