In order to tighten supervision of the financial system, the central bank is planning to include some financial institutions on a list of Domestic Systemically Important Financial Institutions, which it said should be regulated under higher standards. "The assessment methods and supervision standards are still under study," Zhou said on Friday.
In his opinion, lack of motivation was the main reason why many large and medium-sized commercial banks were not keen on offering small business loans.
In other economic news, Boeing announced further job cuts Wednesday.
In his speech, Li said Egypt and China are ancient civilizations, adding there has been intensive cooperation since the two countries established diplomatic relations in 1956.
In his words, "Pompeo's China speech Thursday not only misrepresented history but advocated a policy for the most important relationship of this era that is neither viable nor coherent. That he delivered it at the Nixon Library only added insult to injury."
In just six months, the coronavirus has transformed consumer shopping habits and tested the ability of companies deemed “essential” to keep their workers safe. Amazon became the subject of intense scrutiny amid anecdotal accounts of outbreaks at warehouses across the country. For months, Amazon declined to disclose the number of coronavirus cases among its workforce, fueling criticism that the company was intentionally opaque about the issue.
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In his speech, Bangladeshi Ambassador to China Mahbub Uz Zaman highlighted the significance of the historic day while highlighting the role of the government in upholding the spirit of the liberation war by advancing Bangladesh into a progressive middle-income country by 2021.
In parallel to the clinical development process, the program will continue scaling up the manufacturing process to potentially allow the production of more than 1 billion doses annually, and build up vaccine inventory which – if the vaccine is proven to be safe and effective –could be deployed rapidly upon licensure, the company said.
In late December, Apple apologized for the slowing down of iPhones with older batteries amid lawsuits and consumer outrage. It said the company will cut the price of out-of-warranty iPhone battery replacements from late January to December 2018.
In one case, police were accused of rounding up a father and his two young daughters who were accidentally caught between police and protesters during a violent clash at a Sha Tin shopping mall in July.