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The PBOC's new tool debuted a few hours before the US Federal Reserve raised its key interest rate for the fourth time this year. After which, the federal funds rate climbed to a target range of 2.25 percent to 2.5 percent, the highest level since 2008.

The PBOC stressed efforts to enable structural policy tools to play a more effective role in supporting the real economy, especially medium-sized, small and micro businesses, to tide them over difficulties.

The National Tourism Administration has unveiled a roadmap for the development of the sector for the next three years. It has appointed 20 enterprises as state-level tourism bases, covering a wide range of industries, including wine-making, alcohol, dairy products and cosmetics.

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The Nasdaq exchange is reflective of the innovative companies and their acumen in creating new technologies, the expert pointed out. He said the US institutional marketplace provides an easy source of capital for global investors to invest in these companies.

The National Hurricane Center says Subtropical Storm Alberto has come ashore on the Florida Panhandle.

The Mongolian People's Party congratulates the CPC on its achievements over the past five years and wishes the Congress a complete success.

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The National Health Commission said on Thursday the outbreak that has sickened dozens of people in the central mainland city has been linked to a new strain of coronavirus, and further investigations are needed to unravel the novel strain.

The National Retail Federation, a trade group in Washington, said tariffs will increase consumer prices.

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The NDRC approved 380 corporate bonds in 2017. Only four of them were from private enterprises, according to NDRC data. But from now on, the NDRC will likely facilitate more private enterprises' bond issuances, especially high-quality corporate bonds, analysts said.

The Ministry of Transport has suggested doubling a key new energy target for the transportation sector, as the current goal could be met three years ahead of schedule, according to Cai Tuanjie, a ministry official.