The city is also planning to create two world-class shopping streets, 10 local first-class core business districts, and 20 special shopping districts by 2020.
The check point in Zhuozhou has opened all six of its channels and has equipped 20 police officers-twice the normal number-as well as 18 medical workers per shift to ensure smooth passage, Wang said.
The central area will also be part of a mechanism to make the city cleaner, Cai said.
The central bank's monetary policy committee held the first quarter's regular meeting on Friday. The members achieved a consensus to continue the counter-cyclical measures and strengthen coordination between monetary and fiscal policies. Policy fine-tuning should be at the proper time, to prevent risks with the priority of stabilizing growth, according to a statement after the meeting.
The central bank cut the IOER from 0.99 percent to 0.72 percent in 2008, to ease the headwinds of the global financial crisis.
The central bank made the operations to ease tight liquidity near the end of the year partly due to tax payments and maturing open market operations.
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The central bank's relending and rediscount program, as well as the regulatory policy allowing eligible small businesses to delay loan or interest payments until the end of June, are both targeting companies that have already received loans. But MSMEs have difficulty in obtaining loans from banks, for they cannot offer fixed assets as collateral.
The charge related to DAS dated back to 1999 when the company invested 19 billion won ( million) in establishing investment consulting firm BBK, which faced a legal lawsuit for stock price manipulation in 2001.
The ceremony also unveiled a series of wildlife-themed photo exhibitions, film screenings and salon sharing sessions to promote upcoming activities which will take place across China. These efforts are part of China's lead-up to the London Conference against Illegal Wildlife Trade in October, which will attract more than 40 countries to participate, including China, and provide an opportunity to discuss and agree on ways to tackle wildlife crime together.
The central authorities' decision to support the development of Shenzhen also boosted the prices of technology companies on Monday as Shenzhen is the home of many high-tech and innovative firms.