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The move aims to boost bilateral trade and investment, facilitate the use of the two currencies in trade and investment settlement, and reduce exchange costs for market players, said the China Foreign Exchange Trade System (CFETS) in a statement.

The nation is encouraging cross-border e-commerce transactions by easing the annual cap on cross-border online purchases and adding categories of imports to the duty-free list, according to the Ministry of Finance.

The move Friday afternoon followed revelations from Bloomberg and others about an Amazon team consisting of thousands of people who listen to Alexa voice recordings as part of a program designed to improve the company’s voice assistant.

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The nation has also spared no effort in the search and rescue of crew members from the ship and will cooperate with Iran to investigate the accident, Lu Kang told a news conference in Beijing on Tuesday.

The move is aimed at creating a complete system of intra-Party regulation by the time the CPC marks its centenary in 2021, and ensuring the CPC's core status in the great cause of socialism with Chinese characteristics in the new era.

The move to lift the investment caps is the latest in a series of policies designed to gradually open up the country's financial sector. According to a statement issued by the PBOC and the State Administration of Foreign Exchange, foreign investors under the QFII scheme will be allowed to make inward remittances in the currency of their choice. China will also simplify outward remittance procedures for QFIIs' securities investment gains and lift other restrictions, it said.

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The move came shortly after Beijing city authorities greenlit road tests of self-driving cars in the capital in mid-December. But the national regulations will apply to all cities across the country.

The movement is widely considered a great patriotic and revolutionary campaign pioneered by advanced young intellectuals and joined by people from all walks of life to resolutely fight imperialism and feudalism.

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The move is also expected to improve the net profits of listed companies in nonfinancial sectors by 125 billion yuan, he said.

The most active crude oil contract for February delivery was down 5.6 yuan (<云转化_句子>.8) to close at 482.5 yuan a barrel.