The punishment is in alignment with existing rules and laws. It shows that regulators are determined to deleverage financing in acquisitions, said Cheng.
The province hopes to attract more big name companies and scientific research institutes to set up research and development centers in the province, Ma said.
The push for profits has been stopping companies from manufacturing in an environmentally friendly manner, say industry insiders and observers.
The quake, which struck at 11:23 am local time (0223 GMT), logged 3 on the Japanese seismic intensity scale which peaks at 7 in the prefectures of Aomori and Hokkaido as well as surrounding areas.
The racing venue built on the former site of the plant has four tracks covering 2.4 square kilometers. Shen Yiping, chairman of the plant, which is a subsidiary of Shougang Group, said the venue includes entertainment facilities such as a stage and sightseeing trains.
The reforms aim to avoid administrative interference in the legal system.
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The recently released plan sets a target of reducing the cluster's average density of PM2.5 — fine particles of a diameter 2.5 micro-meters or less, tiny enough to enter the bloodstream — from Oct 1, 2019, to March 31, 2020 by 4 percent year-on-year. It also calls for a 6 percent reduction in the number of days in the area with severe pollution in that period.
The provincial government also rolled out a scheme this May to spur cruise ship growth by 2035, with the aim of establishing a preliminary layout of harbors and shipping lines.
The province's exports continued to enjoy a strong rebound while the decline of imports was narrowing, it said.
The quota for each agent is 500 and every agent can receive up to 60,000 HK dollars.