Given a 1 percentage point blanket RRR cut, the central bank would inject 1.5 trillion yuan (0 billion) worth of liquidity into banks, the report said. If the central bank only rolled out a targeted RRR cut of 1 percentage point for small and medium-sized banks, it estimated an injection of about 720 billion yuan of liquidity.
German families moving to Taicang will probably feel at home, said local residents knowledgeable of the bilateral relations.
Girls from ethnic groups get a real opportunity thanks to vision and determination of school professionals.
Gas output expanded from 68 billion cubic meters in 2007 to 137 billion cubic meters in 2016. Proven reserves of natural gas surged from 6.1 trillion cubic meters in 2007 to 13 trillion cubic meters in 2016, ninth in the world.
Given the experience in China, it is clear that homegrown technologies can succeed outside the mainland, he said. "This year is going to be a big year for Baopals, as we'll be launching our global service. Expats leaving China can continue buying things they love here, and foreigners everywhere can discover the treasures of China's online shopping."
Germany's competition authority expressed similar concerns in a confidential letter to its EU counterpart, according to a story in the German newspaper Frankfurter Allgemeine Zeitung in January.
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Geek on the Street: Why are you in line for an iPhone 4S?
Global bond fund managers welcomed the approval of launching northbound trading of the Bond Connect, saying this is a progressive and incremental step to open the world's third-largest bond market after the United States and Japan, with a total debt value estimated at .5 trillion.
Given the stable performance of the yuan and expectations of balanced capital flows, China's foreign exchange reserves remained stable in April, reaching .095 trillion by the end of last month, compared with .099 trillion by March, according to data released by the administration on Tuesday.
Given the relatively higher interest rate level in China, compared with other major economies, the yuan-denominated assets will continue to be attractive for global investors and more foreign central banks are likely to increase their holdings of yuan assets as reserves, she said.