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The MIIT also vowed to expedite the commercial use of 5G technology and crack down on irregularities such as crank calls and arbitrary charges.

The MIIT's guidelines on the industry required new EV sales to take up 25 percent of total new car sales by 2025, which means the EV market will expand by six times, delivering vast opportunities in the EV battery sector, Song said.

The International Atomic Energy Agency said work on the use of thorium as a fuel for nuclear power began at about the same time that the first studies on uranium and plutonium started.

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The Iran Daily first reported a credit line of billion from Beijing-based CITIC Group, a State-owned investment firm, to finance water, energy and transport projects.

The Majaswadi Residential Masterplan was approved, and the developer has taken the project into the construction stage, which will take another 10 to 15 years to complete. The finished project will have around 5,000 units.

The MA700 project is in the trial production and test phase. And the first MA700 is scheduled to roll off the production line this September and the maiden flight is expected to take place within the year, the AVIC said. Large parts of the plane's fuselage middle section and nose section were delivered in May.

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The LPR will also become the new anchor for home mortgages. But the mortgage rate for 2020 will remain unchanged. Starting in 2021, mortgage loan borrowers can either choose a fixed rate or a floating rate that changes along with the LPR, according to the PBOC.

The MAX, Boeing's best-selling jet, has been grounded worldwide since March 2019, following crashes in Indonesia and Ethiopia that killed a total of 346 passengers and crew.

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The Ministry of Commerce will revise guidelines and focus on the automobile circulation chain to promote the development of the auto market for its next step, according to Zheng.

The London RMB Business Quarterly report shows that daily RMB foreign exchange market transactions averaged roughly 70 billion pounds in the second quarter of this year, up nearly 14 percent on the previous quarter and over 30 percent year-on-year.