Loans for small firms with a credit line of 5 million yuan or less will be included in the scope of collaterals for the central bank's medium-term lending facility operation.
Loeffke said it's important for countries to have dialogues and build a strong relationship. He recalled one episode in the 1970s when he was a US Army representative during the Strategic Arms Limitation Talks between the US and the former Soviet Union.
Located in Port Elizabeth, a shipping hub in South Africa, the plant is a joint venture between BAIC and South Africa's state-owned Industrial Development Corp, a financial company providing capital support for the country's companies and investment projects.
Local officials and national names, like Rep. Alexandria Ocasio-Cortez, were vocal critics of the process by which New York courted Amazon. They held demonstrations and heated hearings with Amazon executives, criticizing the incentives and lack of transparency in the bidding process.
Loongson Technology, Hunan Goke establish strategic partnership
Loans under new development modes reached 9.2 billion yuan last year, accounting for 87.9 percent of last year's total loans for pro-poor tourism, according to the bank.
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Looking ahead, economic and trade cooperation between China and Europe promises a broad prospect. With a medium-high growth rate of around 6.5%, the Chinese economy has entered a crucial stage of consumption and industrial upgrading, leading to growing demands for high-quality consumer goods, advanced technology and equipment and quality services from Europe. Meanwhile, improved economic performance, expanding household consumption and increased infrastructure investment in Europe will generate new opportunities for Chinese businesses. The EU's investment in China only accounts for 4% of the EU's total overseas investment, and Chinese investment in the EU only takes up 2% of all FDI flowing to the EU. This is not commensurate with the size of the two economies and spells out enormous potential for further investment cooperation.
Liu was speaking at the opening ceremony of the Poverty Reduction and Development Conference of the Forum on China-Africa Cooperation 2018 in Beijing on Tuesday.
Local authorities in Wuhan have ordered e-commerce, group buying and direct delivery services to provide daily necessities to residents kept indoors by the epidemic, he said.
Local police started investigating the case in 2005.