The PBOC's balance sheet showed that "deposits of nonfinancial institutions", which refers to the deposits at the PBOC by payment institutions, increased to 1.24 trillion yuan by the end of November 2018. It was only 123.8 billion yuan in January and rose 10 times within 11 months.
The National Meteorological Center issued a blue alert, the lowest in the country's four-tier color-coded weather warning system, for Typhoon Hagupit on Sunday.
The New York Times reported on Monday that top Trump administration officials will discuss whether to prevent the sale of an aircraft engine produced in part by GE at a cabinet meeting on Feb 28. It also said stopping such licenses would be a big financial hit to companies like GE.
The National Accountability Bureau (NAB) court in the capital Islamabad announced the verdict.
The NDRC has asked major Chinese oil companies, including China National Petroleum, China Petrochemical and China National Offshore Oil, to ensure stable market pricing.
The Ministry of Human Resources and Social Security announced, on July 19, the prices of 36 pharmaceuticals would be put into the list covered by the medical insurance fund, after the authorities negotiated substantial price reductions.
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The PBOC may further ease monetary policy through tools, such as reserve requirement ratio cuts, lending rate reductions and the re-lending mechanism to shore up M2 and aggregate financing growth on an annual basis, said Lu Ting, chief China economist with Japan-based Nomura Securities.
The National Supervision Law also includes a special chapter on supervision of the commission and its staff members, which stipulates that the standing committees of people's Congresses can hear and review work reports of supervision commissions at the same level, and conduct law-enforcement inspections.
The NDRC said in a statement that the new move is part of the country's larger drive to fight the COVID-19 outbreak and inject new impetus to economic growth. It also said it is necessary to cultivate new types of consumption and foster consumption upgrading.
The Ministry of Finance said the tariff cut will enrich domestic market supply and meet the diverse needs of the people to provide more plentiful and affordable consumer experiences.