The move is in line with a broader push for green car use in the island province.
The move came as China called for intensified efforts to develop big data and further promote the integration of big data with the real economy to spur long-term growth of the country.
The most active No 1 Soybean contract for January 2021 delivery gained 16 yuan (.3) to close at 4,339 yuan per ton.
The name is in homage to Chulin, who in 1982 became the first giant panda to be born in Madrid.
The most populous city in the country has been the hardest hit with over 36,000 cases reported by Monday afternoon, according to data compiled by the the Center for Systems Science and Engineering (CSSE) at Johns Hopkins University.
The move meant a net cash withdraw of 20 billion yuan (.9 billion) from the market as previous reverse repos matured on Tuesday. The 12-day suspension has led to a total of 450 billion yuan being drained from the banking system.
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The month-on-month growth of output and sales stood at 6.3 percent and 4.8 percent, respectively, sustaining a warming-up momentum.
The move means that the market access threshold for NEV startups will be dramatically lowered, which is an important measure to optimize the development of the NEV industry, said Cui Dongshu, secretary-general of the China Passenger Car Association.
The move was aimed at expanding the range of yuan-denominated financial products of high credit rating in Hong Kong and improving the yuan yield curve in the region, said the PBOC statement.
The move prompted archaeologists to start the first underwater archaeological dig in Sichuan. Temporary dams were built in Jiangkou, and water was drained before Gao's institute started the dig in January.