The central bank didn't change its monetary policy tone as "prudent and neutral", pledging to maintain "appropriate monetary and financial environment" for high-quality development and supply-side structural reform.
The central bank also injected 200 billion yuan via the medium-term lending facility (MLF). The interest rate for the one-year MLF stood at 3.3 percent.
The circular stressed that such activities should be nonprofit, and shouldn't disrupt teaching activities or add a burden to teachers and students.
The challenges include how to foster research and development capabilities for high-quality products, digitalization, and optimization in organization and management.
The central government will circulate a notice to commend the districts that stand out in the assessment, and allocate more funds — 400 million yuan (.5 million) was allocated in 2016 — for the next year's poverty alleviation work as an encouragement, he said.?
The city has already had 20 main streets that have embraced the green waves, scattering in the second, third, fourth and fifth ring. This year, the city’s Second Ring Road will see a network of green wave streets.
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The central government ensures the rights of workers in the heat. The All-China Federation of Trade Unions has issued a directive prompting employers to reduce work time and workload during times of high temperatures.
The circular required tourist sites to encourage visitors to reserve visiting slots in advance to control visitor flows and prevent large gatherings.
The city will also increase departure frequencies and shorten intervals of urban rail transit and buses.
The central bank set up a research team six years ago to explore the possibility of launching a digital currency to cut the cost of circulating paper money and boost policymakers' control over money supply.