The beneficiaries of the equipment will also receive scholarships for six weeks training on ICT skills so that they find careers in the lucrative sector.
The authorities in Shanghai issued the country's first permits on Monday to conduct operational tests of smart and connected vehicles, marking the latest step in China's efforts to speed up commercialization of autonomous driving.
The banking sector in Hong Kong has a 150 percent liquidity coverage ratio and 20.6 percent capital adequacy ratio, which are higher than international standards. The banks also saw a 2.4 percent increase of deposits from the beginning of this year while nonperforming loan ratio stood at a low level of 0.56 percent, according to the HKMA.
The biggest problem for the development of the industry is lack of expertise in caring for the elderly, and many young people are reluctant to do the job, Cao said.
The bank's lending rate is much lower than other options and will help companies cut financial costs by 20 percent, according to Zhang Yongyan, vice-general manager of the corporate banking department at CZBank's Beijing branch.
The balance of payments also improved in the quarter, while the yuan's exchange rate moved flexibly against the US dollar, the report noted.
宝贝排名优化
The bill is expected to die in the Republican-led Senate, with Senate Majority Leader Mitch McConnell calling it a "partisan stunt".
The at-home connected speaker maker today made two key announcements related to Amazon and Spotify.
The authorization on Wednesday replaces a billion buyback program that Amazon’s?board approved in 2010.
The ban restricts travel for tourism or leisure, but allows border trade to continue, as well as travel for medical purposes.