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BEIJING — China has made solid progress in alleviating the financing
problems of small and micro firms, a senior official said Friday.
Outstanding loans to such businesses amounted to 33.49 trillion yuan ($5 trillion) by the end of 2018, accounting for 23.
81 percent of the total outstanding loans, Zhu Shumin, vice chairman of the China Banking Regulatory Commission, said in a statement.
In particular, outstanding inclusive loans to small and micro firms reached 9.36 trillion yuan
, growing 21.79 percent from the beginning of the year, 9.2 percentage points faster than the total loans.
The number of borrowers increased 4.55 million from the beginning of 2018 to 17.23 million, Zhu said.
Meanwhile, efforts have been made to cut financing costs, with the average interest rate of newly
issued inclusive loans to small and micro firms in the fourth quarter of 2018 down 0.8 percentage points from the first quarter.
elopment plan should fit with national strategies in development, security and the mil
itary, and should integrate their current and future needs to pursue sustainable, consistent growth.
Xi insisted on the military understanding the determination and intention of the Party’s leadership, exerting itself to enhance
combat preparedness and firmly safeguarding China’s sovereignty, safety, development interests, and social stability.
He also instructed the military to support the country’s economic and social development, envi
ronmental endeavors and disaster and accident relief work. It should also play its part in poverty alleviation, he added.
Governments at all levels should, in turn, support the military’s work, make appropriate arrangements for veterans’ empl
oyment, take good care of military retirees with physical difficulties and the family members of military personnel, an
d support the military’s efforts to withdraw from all its commercial activities, Xi said.
itious, and knowledgeable, with many holding a bachelor’s or master’s degree, he said.
The young people enlisted in recent years are, in general, well-rounded, he
said. In 2018, university graduates accounted for 60 percent of the intake, he added.
They are also more skilled and qualified with more qualifications, including academic degr
ees, vocational skills certificates and other awards for participating in various competitions, he said.
In addition, he said, their willingness to serve the countr
y is growing increasingly intense and the generation born after 2000 are a major force.
“They are cheerful, aspirational and energetic. Talking with them you will feel that they have an
urgent desire to thrive in the military and contribute to making our country and military stronger,” he said.
hinese officials speak on strengthening market regulation and safeguarding market order
at a news conference during the second Session of the 13th National People’s Congress on March 11, 2019.
Minister of State Administration for Market Regulation Zhang Mao, Head of National Medical Products Admin
istration Jiao Hong and Commissioner of National Intellectual Property Administration Shen Changyu meet the press.
hina will improve its long-term regulatory mechanism for vaccines and implement the toughest possible over
sight on related products, Jiao Hong, head of the National Medical Products Administration, said on Monday.
She said domestically made vaccines were safe overall, affirming comments made by the head of Ch
ina’s Center for Disease Control and Prevention on March 4, who urged the public not to lose trust in the country’s vaccine sector.
Jiao said a new draft law on vaccine management, to tighten the supervision and
management of production, research, and distribution of these products, had
been reviewed by the Standing Committee of the National People’s Congress, and released to solicit public opinion.
about 100 miles away, and left food supplies for a few weeks. But crops on the Bikinians’ new home produced signif
icantly less food than those on Bikini, and the nearby waters had far less edible catch.
Within two years, the population was on the verge of starvation.
In 1948, the US responded to their plight. Once more the Bikinians were uprooted — this ti
me to Kwajalein, where they lived in tents next to a cement airstrip used by Americans. Six months lat
er, they were shipped to Kili Island, 400 miles south of Bikini, where they again began to starve.
One attempt was made to resettle the Bikinians in the late 1960s when some 150 residents we
re returned to their atoll. But in 1978 it was revealed that within one year some residents had seen a 75% inc
rease in radioactive material in their bodies, and all residents were once again moved, this time to Majuro Atoll.
In the early 1980s, the Bikinians filed a class action lawsuit against the US, which eventually resu
lted in the creation of a $90 million trust fund for their local government for cleanup and resettlement purposes.