Jin also noted that China's effective coronavirus containment has set the stage for the gradual recovery of the country's civil aviation sector as air passenger volume last month reported narrower declines from a month earlier.
John Zeng, managing director of LMC Automotive Shanghai, said the dual-credit scheme will even help to change carmakers' over-reliance on SUVs, which tend to consume more gasoline than sedans, for growth. Earlier this month, Great Wall Motor, China's largest SUV producer by sales, became a stakeholder of a new energy carmaker Yogomo, which analysts believe is a move to brace for the scheme.
Just last week, Alibaba disclosed that its transaction volume will be lower than expected for the quarter ending this month. Already, its?volume had declined to 34 percent in the June quarter from 50 percent-plus in recent years.
Jiuzhaigou, a scenic area on the UNESCO World Natural Heritage list in Sichuan province, will partially reopen on March 8 after a devastating earthquake in August.
JingChi completed autonomous driving tests in a closed venue in less than five weeks. It had obtained a license for testing autonomous vehicles on California's public roads in June.
Jointly with China Central Television, the CCDI produced a three-episode TV documentary, which featured interviews with former officials of discipline inspection agencies convicted of graft.
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Joint products will include games, television series and comic books featuring Marvel characters developed for users in China and abroad.
Joseph Seacrist, economic development coordinator at Watertown in New York, underlined the necessity of globalization in today's fragmented world.
Jin Mei, chief representative of the PBoC in Europe, said: "In line with the initiative of the Belt and Road, the usage of RMB in countries along the Belt and Road has been steadily expanded. The aim of our latest report is to focus on the RMB cross-border usage along the Belt and Road countries, which could be the catalyst for RMB internationalization in the future.