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The central government set an annual target of increasing financial support to keep micro, small, and medium-sized business operations stable. In the Government Work Report, it said it will increase large commercial banks' inclusive financing to micro and small businesses by more than 40 percent this year, along with an expansion in the scope of the government financing guarantee and significant reduction of guarantee fees.

The city is home to 154,000 people and will become a manufacturing center for assembling CRRC rail coaches by 2018.

The city's Development and Reform Commission released an announcement one day ago to suspend the price-cap policy for new housing which was released one year ago, and then canceled the suspension after it triggered misunderstanding at the market.

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The city's new economy grew 9.3 percent to over 1 trillion yuan, accounting for 33.2 percent of the city's GDP.

The city of Coeur, d’Alene, Idaho. (Flickr Photo / D. Taylor)

The city held the first promotional event between late March and early August 2019, which brought its tourism revenue up 32.1 percent year on year and saw a 10-percent increase in the added value of its cultural industry.

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The city's handmade porcelain gained recognition along the Mari-time Silk Road as early as the 17th century, but now faces challenges from industrialized production.

The center warned local authorities and residents in mountainous areas to take precautions against flooding and geological disasters.

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The change may mean less monetary liquidity in the market, as the government strengthens measures to tackle risks.

The central business district in Chongqing in August 2018. [Photo/VCG]