Local governments are encouraged to introduce preferential policies to support the issuance of green debt financing instruments and provide financial incentives for issuers, the PBOC said.
Local authorities have organized relief efforts.
Local retailers continued to outgrow their global counterparts in China during the third quarter this year, the report said. The Sun Art group saw its share value increase by 0.4 percent over the last quarter, driven by growing basket sizes. Yonghui and BuBuGao grew on the back of more new store openings.
Liu was so shocked by the family's wretched living conditions that within a few days she and some volunteers returned with much-needed supplies.
Liu urged banks to make use of instruments like local government special bonds, perpetual bonds and second-tier capital debt for supporting the real economy and small and medium-sized enterprises. "Banks should adopt various measures to augment capital, and strengthen the ability to serve the real economy and support small and micro enterprises."
Local authorities should assist people who have been stranded for a long period to settle down, according to the ministry.
Located in the LuOne Mall in Shanghai's downtown area, the pop-up store will be selling White Rabbit candy-flavored milk tea and related merchandise till mid-August.
Longkou village in Poyang county, Jiangxi province, stands inundated by floodwaters on Thursday. FENG YONGBIN/CHINA DAILY
Local governments have since put job creation at the top of their work agendas, unveiling policies with solid tax and fee cuts to encourage enterprises to offer more posts.
Long Shui, from Changsha, Hunan province, said people stayed at home and traveled less during the past New Year holiday due to the freezing temperature. The freezing rain and snow made it difficult to drive and it was almost impossible to call a taxi.