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As of the market close on Wednesday, US stock markets had declined about 30 percent from all-time highs reached less than a month ago. In a surprise Sunday evening announcement, the Fed announced that it would cut its target interest rate to zero and also would carry out a huge 0-billion quantitative easing program. Ordinarily, stock prices would rise in response to such a massive liquidity injection.

As of March 23, 13,155 such enterprises in Hubei had resumed work, with 1.71 million employees having returned to their posts, accounting for 60.3 percent of the total.

As of the end of June, 2,021 PPP projects had entered the implementation phase, with a total investment of 3.3 trillion yuan (7 billion), according to the MOF website.

As of 1 pm Monday, the 11 people had all been pulled from the debris and four of them were confirmed dead. Among the four deaths, one was found dead at the site while three others died in hospitals after emergency treatment failed, according to the local government.

As part of the country's new energy vehicle program, many local authorities and companies are showing great enthusiasm for the segment entitled to central government subsidies.