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As the coronavirus outbreak is plunging the world economy into its worst downturn since the global financial crisis more than a decade ago, more coordinated actions from central banks worldwide are needed to prevent a global recession, and China will have more space to ease monetary policy, said Ming Ming, an analyst at CITIC Securities.

As the Chinese yuan is not freely convertible under the capital account, the central bank has to purchase foreign currency generated by a trade surplus and foreign investment in the country, adding funds to the money market. Such funds are an important indicator of cross-border foreign capital flows and domestic yuan liquidity.

As they left the train, they received a message saying the people responsible would visit them and apologize the next day.

As the major project of the "one axis" layout, the construction of Beijing's ice sports training base is well underway, according to Ma Zhiyong, deputy director of the Yanqing sports bureau. He said Beijing has also built outdoor skating rinks to meet the needs for public training and education.

As the country is turning into the world's largest market for new energy vehicles, Gestamp recognizes China will continue to become a strong pull for growth.