Renminbi is already in use in Hong Kong, and the status of e-CNY is the same as cash in circulation, said Yue. The digital currency will be an additional payment option for those who need to make cross-border purchases.
Ren said since some consumers are becoming more cautious, luxury brands should improve branding and design to enhance uniqueness.
Rescuers from Blue Sky Rescue Team, the country's first registered nonprofit volunteer rescue group, instructs students in emergency first aid skills for a drowned person at a primary school in Bozhou, Anhui province, April 26, 2018. [Photo/VCG]
Renminbi-denominated bonds will become one of the preferred investment options for international investors as China now offers a channel for offshore investors to access local notes, potentially boosting fund inflows in the future, said experts.
Reports said that only one track will be used with trains running every half an hour in each direction in the first experimental stage. When both tracks operate, there will be trains in each direction every 20 minutes in the second stage. In the future, the link will be able to operate six trains per hour in each direction at peak times.
Republican US Senator Cindy Hyde-Smith speaks during an election night party in Jackson, Mississippi, US, on Nov 27, 2018. [Photo/Agencies]
江门市精神疾病医院
Representative institutions and those holding temporary activities covered more than 400 overseas NGOs from 28 countries and regions, since those two groups may overlap in some areas. The subject areas involved include economy, education, health, technology, environment and poverty alleviation, according to the ministry.
Residents in Zhengzhou buy pork at a local supermarket, Jan 27, 2019. [Photo/IC]
Representatives from research institutes, NGOs, think tanks and enterprises also attended the symposium.
Regulators, investors and industry experts have been hoping that the reform will bring about a fundamental transformation of the board by injecting new energy into the Shenzhen stock market, which has been competing with Shanghai and Hong Kong to attract promising and valuable innovative companies.