The National Bureau of Statistics reported that average home prices in Beijing fell for the first time in more than two years in June. It said Shanghai prices declined 0.2 percent month-on-month, while Shenzhen home prices stalled in June, and Guangzhou's grew 0.5 percent, which was lower than the 0.9 percent gain in May.
The National Development and Reform Commission and the National Energy Administration released a document last April, stipulating that all gas supply entities must have sufficient gas storage by 2020, with gas supply companies to have a storage capacity no lower than 10 percent of the contract sales of that year; local governments at or above the county level to have storage capacity able to meet at least three days of gas demand; and urban gas enterprises to have a storage capacity of at least 5 percent of their gas consumption.
The New York Times reported Boeing is reviewing whether two bundles of wiring are too close together, which could lead to a short circuit and potentially result in a crash if pilots did not respond appropriately.
The Ministry of Transport together with related departments will launch a nationwide safety inspection of ride-hailing platforms including Shouqi Limousine & chauffeurs, Shenzhou Zhuanche, Caocao Zhuanche, Yidao Yongche, and Dida Chuxing, through the end of this year.
The New Year's Eve is only two days away. I have been looking forward to the "Icebreakers" dinner, and to the opportunity to sit down with friends old and new and share with you my thoughts on the past year and my expectations for the new year.
The PBOC conducted 80 billion yuan (.38 billion) of seven-day reverse repos, a liquidity-injecting process in which the central bank purchases securities from commercial banks through bidding with an agreement to sell them back in the future.
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The National Supervisory Commission announced late on Sunday that 64-year-old Meng is being investigated for suspected lawbreaking without giving details, but the ministry statement made it clear that he is suspected of taking bribes.
The PBOC said in a statement that Thursday's operations are aimed at offsetting the impact of factors such as government bond issuance and maintaining reasonable and sufficient liquidity in the banking system.
The NEV projects were mostly under planning three years ago, which meant that overcapacity is likely to follow, insiders said.
The National Transportation Safety Board, which investigates accidents around the country soon after they happen, has indefinitely delayed a number of those investigations.