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Concerted efforts, global partnerships crucial to tackle COVID-19 challenges
Commercial and residential demand takes a hit
Coal has long been burned for heating in northern China, a practice that is blamed for the lingering winter smog. The 28 cities are those included in an action plan released by the ministry in August. The plan asked these cities to cut concentrations of PM2.5 - hazardous fine particulate matter with a diameter of less than 2.5 microns - by at least 15 percent year-on-year from October to March. Under the plan, 3 million households in the 28 cities will use electricity or gas for heating this winter, so massive reconstruction projects had started.
Competitors have also attracted some eye-catching investors.
Commercial banks' borrowing costs from the central bank, or the re-lending rate, will be lowered by half a percentage point to stimulate loans to small businesses, according to a statement from the central bank on Monday.
来源：资阳报