Premier calls for banks to simplify lending process for first-time entrepreneurs
Banks can make new loans to small and micro enterprises if the companies have problems in repaying an old loan, according to a new government policy unveiled on Thursday.
The Chinese government has again proved its ability to maintain economic growth despite widespread pessimism. Yet the pickup in the second quarter has failed to erase market concerns about continued downward pressure in the year's second half.
New task force to begin seizing illegal assets moved abroad
Robots designed by the University of Science and Technology of China amazed the audience and won the championship for the first time at the RoboCup, which concluded on Friday in Joao Pessoa, Brazil.
Beijing will forbid building new hotels, hospitals, office buildings, school campuses and industrial facilities in its central area, according to a new restriction on industries issued on Friday.
A shipbuilding company in Liaoning province is making a replica of a warship that was sunk during a Sino-Japanese naval battle more than a century ago, using funds from local businesses and individuals.
Technical difficulties may no longer be a barrier to using desalinated seawater in Beijing, an expert said at a conference on Tuesday. Ruan Guoling, an engineer at the Tianjin Institute of Seawater Desalination and Multipurpose Utilization, said Beijing was trying to develop new supply channels to meet increasing demand. "Desalinated seawater could be a viable alternative in the future," he added. The conference was hosted by the China Association for Science and Technology.
"China is ready to work with the ROK to increase pragmatic exchanges and cooperation between the two armed forces, so as to safeguard regional peace and stability."
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