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The central bank sold 20 billion yuan one-month bills and 10 billion yuan of six-month bills, with the bid interest rate at 2.8 percent and 2.85 percent, respectively, according to the statement.

The city also strives to improve its overall ability to provide services for the Olympic Games including transportation, accommodation, catering, medical treatment, volunteer and security, Xu said.

The central bank's preemptive move to fine-tune the renminbi's pricing model will help ease the selling pressure facing the currency in the second half of the year, after helping push up the yuan on Thursday, analysts said.

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The city aims to make 100 million yuan ( million) worth of export merchandise available domestically through online channels, spanning 10 major categories and 500 types of products.

The championship, which aims to boost Ningxia's international profile as a wine growing region, has reached the final draw for its competitors.

The central government is also mulling specific support policies and will provide policy and funding support for the new area's major projects in transportation, ecology, water conservation, energy and public services, said the NDRC head.

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The central bank said ICOs are an unauthorized illegal public financing move, and speculation and hyping of virtual currencies disturbs economic, financial and social order.

The center has taken measures to protect the health of donors and staff, including checking body temperatures, providing hand sanitizer, following social distancing practices and enhancing disinfection of surfaces and equipment.

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The central bank is "committed to using our full range of tools to support the economy ... to assure that the recovery when it comes will be as robust as possible," Powell said at a news conference.

The city government is investigating who may be responsible and will hold them accountable, it said.