The mechanism aims to liberalize cross-market capital flow to form a unified market and same trading prices, so as to facilitate monetary policy transmission and strengthen the capacity of the bond markets in serving the real economy, a PBOC statement said.
The merger of the two parties, along with a number of independent politicians joining will see 149 lawmakers comprising the new party, which is pitching itself as a party that can mount a united front against the ruling Liberal Democratic Party-led coalition.
The ministry also urged education authorities nationwide to set up a regular supervision mechanism and improve the accountability system to punish those involved in child abuse.
The ministry released a statement on Monday via its WeChat account, saying that 62 vessels – including maritime law enforcement vessels, and rescue and decontamination ships – had by Sunday joined in tackling the aftermath of the collision. So far the job has been carried out in an orderly manner.
The measures have kept the region-which had experienced frequent terrorist attacks in the past-stable for more than three years. As a result, tourism in the region has boomed and significantly contributed to economic growth, he added.
The ministry will announce unified national emission standards for new vehicles, to encourage the research and development of automobiles that can run on alternative fuels such as natural gas, liquefied petroleum gas, ethanol and biodiesel.
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The ministry said it will partner with other ministries to build industrial internet security management systems to inspect and share information on cybersecurity vulnerabilities and establish mechanisms to deal with cyber emergencies.
The meeting urged further overhauling of business-related charges by government-affiliated institutions, commercial banks, industrial associations and intermediary agencies. Unjustifiable charges in logistics will be overhauled, and charges on a regular container in import and export will be brought down to under 0 before the end of next year.
The mechanism has become a key platform and thruster for the common development of both countries, he said.
The measures include boosting credit support, alleviating financing difficulties and creating a more fair and convenient financing environment for small and micro enterprises, said CCB Chairman Tian Guoli.