To accomplish the dual task of epidemic prevention and control work amid continuous construction, CTCE set up an overseas leading group in March committed to the "most stringent preventive measures in construction to forbid any infections".

In addition, market supervision authorities will forbid such entities from producing or selling imported and exported goods related to the dishonest records for a certain period.

Earlier this year, the National Information Security Standardization Technical Committee released a draft rule to seek public feedback, which would forbid companies from processing data from cars not related to vehicle management or driving safety.

Late last month, the National Information Security Standardization Technical Committee released a draft to seek public feedback, which would forbid companies from processing data from cars not related to vehicle management or driving safety.

The authorities in Hainan province announced in April 2018 that it will forbid sales of non-electrified vehicles starting from 2030.

The Netherlands and Norway are to forbid sales of traditional cars from 2025 and the United Kingdom and France will follow suit from 2040.

In addition, Chinese regulators forbid cardholders from using cash withdrawn from credit card accounts to make debt payments or financial investments.

They and Alipay all posted responses late on Monday to tighten supervision on fund transfers and forbid services, including payment and settlement, related to cryptocurrency trading and initial coin offerings.

The new rules also forbid false and circulatory capital injection among different subsidiaries within the same group, or using share pledges for financing, the Ministry of Finance said.

Under the new law, the CSRC could also forbid securities trading by individuals engaging in serious securities legal breaches for a period and even lifetime, on top of the current ban on being hired as senior officials in listed firms and carrying out securities business.

Breaking through restrictions that forbid the use of debt funds as capital funds for local construction projects, the new rule will help ease the problem of a lack of capital for infrastructure investment by local governments, "said Xia Yanyan and Ma Shunfu, analysts at the research department of China Lianhe Credit Rating Co Ltd, in a report.

He said that regulators should take a hard line on small business owners who intentionally violate rules and forbid them from using the loan amount for real estate or stock market investments as the money was granted for the healthy development of the real economy.

According to the report, Tao Ling, deputy head of the financial stability bureau at PBOC, said the new rules for China's asset management sector were never meant to clamp down on shadow banking or forbid investing in nonstandard credit assets.

The regulators also plan to forbid financial institutions from using other FIs, or so-called "channel" firms, to raise and invest asset management product funds, so as to avoid rules on bank leverage ratios and on the scope of investment.

The regulators also decided to forbid a financial institution from using another financial institution, a so-called "channel" firm, to raise and invest asset management product funds to keep such products off balance sheets and thereby avoid many regulatory requirements, such as restrictions on leverage and the scope of investments.