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The change in the method of setting the yuan's daily central parity rate against the dollar will better reflect the market supply and demand, lessen possible "herd effects" in the market and help guide the market to focus more on macroeconomic fundamentals, the China Foreign Exchange Trade System said.

The central bank will work with qualified operational institutions to jointly develop an ecosystem and platforms of digital currency wallets, the PBOC official added and clarified that some designated commercial banks are the only institutions where people can make exchanges involving digitalized currency.

The circular stressed that cases involving unpaid wages for migrant workers should be handled fairly and efficiently, through developing easier and more ways to file cases and settle disputes.

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The central bank carried out the operations to offset the impact of a tax payment peak and maturing reverse repos.

The ceremony, held at the national palace, was witnessed by Malaysia's head of state Sultan Muhammad V.

The chief executive and principal officials of the HKSAR government will soon go into communities and hold dialogues with citizens to find solutions to long-standing problems including housing, the rich-poor gap and opportunities for the young, Cheung said.

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The central environmental inspections began as a pilot in Hebei in January 2015. The first full round took place in 15 provinces last year. The remaining 15 provincial regions will be reviewed this year, with a new round of inspections expected to start this month.

The central government will not "pay the bill" or provide bailouts for local governments and financial institutions when default risks arise, said the report.

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The city's infection rate has remained steady at around 2 percent for several weeks, and was at 1 percent on Friday.

The central government has full authority to safeguard Hong Kong's constitutional order, the Hong Kong and Macao Affairs Office of the State Council said on Tuesday.