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Banks, including nine national large banks and local banks from 10 provinces, should use the special relending funds to provide loans to companies on a list. The companies were selected by central and local governments, and funds must be used directly to contain the coronavirus, said Liu Guoqiang, vice-governor of People's Bank of China, the central bank.

Baidu said it will provide technological support in artificial intelligence to help the centers for disease control, scientific research institutes and other research organizations to accelerate R&D efforts. It will also offer big data analysis technology to support the timely detection, rapid response and scientific management of the epidemic.

Based on international practice, companies usually declare a force majeure when they are unable to meet contractual obligations for reasons that are beyond their control.

Babu Siren, who is from the Mongolian ethnic group, and a large number of other desert dwellers are now reaping the benefits from the work of local companies and communities.

Bank of America Merrill Lynch expects up to 0 billion in green bonds will be issued this year, and green bonds have the potential to reach trillion of annual issuance by 2020, playing a major role in boosting countries' commitments to tackle climate change.