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Bank's reserves freed up in April are required to pay back loans borrowed from the central bank's medium-term lending facility, according to earlier announcement by the central bank.

Back in 1978, Zhang was not able to find a job after graduation from primary school. One year later, she started to follow some of her neighbors who sold small commodities as street vendors. Several items, including buttons, memorial medals and watch straps, were all she could offer on her "shop"-a wooden table.

Banks need to improve their evaluation mechanisms to strengthen confidence, readiness and capacity in their lending to such enterprises, it was urged at the meeting. The government will support banks in formulating inclusive financing plans dedicated to these enterprises and guide banks toward proper interest rate determination.

BUCHAREST - Modernizing old infrastructure, balancing the energy mix and moving towards interconnectivity in the region are common goals of the Central and Eastern European (CEE) countries grouped in the "16+1" cooperation format, top officials said Thursday.

Beachgoers are seen on Milk Beach as smoke haze from bushfires in New South Wales blankets the CBD in Sydney, Australia, on Dec 7, 2019. [Photo/Agencies]