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The rise of the credit and money supply was mainly because of the countercyclical monetary policy actions to encourage commercial banks' lending and offset the economic slowdown risks, said Ruan Jianhong, head of the PBOC's statistics and analysis department.

The resumption of work in the country's manufacturing sector has been increasing rapidly, and the country will resolve any issues companies face amid the fight against the novel coronavirus, China's top industrial regulator said.

The ride-hailing giant aims to further integrate Ofo's last-mile mobility solutions with its own ride-hailing capabilities, and has participated in nearly every financing round of Ofo since its first investment in September 2016.

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The resolution to be authorized by the 19th CPC National Congress states that the cause of socialism with Chinese characteristics, the CPC and China will enter a new phase of development.

The river-snail noodle, or Luosifen, is an iconic dish in Liuzhou, known for its pungent smell.[Photo/Xinhua]

The sales volume of Apple's iPhone reached 3.6 million last month in China, dropping 7.7 percent from April, while the number witnessed a slight increase year-on-year with 3.05 million mobile phones sold last May, according to CINNO Research, a Shanghai-based consulting platform.

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The resort meanwhile said it will continue to expand the variety of food inside the park and encourage guests to use over 50 drinking water fountains and over 20 hot water dispensers for free.

The rule will take effect from July 1, with three news indicators introduced to gauge liquidity risks, according to the China Banking and Insurance Regulatory Commission.

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The result came after discussions between IMF officials and senior officials from Chinese government, the People's Bank of China, private sector representatives, and academics to exchange views on economic prospects, reform progress and challenges, and policy responses, the fund said.

The rights and freedoms of people in Hong Kong have been fully guaranteed in accordance with law, which is a fact acknowledged by anyone who sees the matter without bias, the spokesperson said.