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Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, said in an interview with Financial News on Nov 7, "For large banks, their loans to private companies should account for no less than one-third of their new corporate loans. For small and medium-sized banks, the proportion should be no less than two-thirds. Banking institutions altogether should try to attain the goal of granting no less than 50 percent of their total new corporate loans to private companies in three years."

HONG KONG - Former Chief Executive of China's Hong Kong Special Administrative Region Donald Tsang Yam-kuen's bail application was granted by the region's High Court on Monday.

HONG KONG - An earthquake of 6.9 magnitude jolted 6 km SW of Pastrana, Philippines on Thursday, the US Geological Survey (USGS) said.

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HAIKOU -- Hainan, an island province in southern China, established its first marine animal rescue and breeding center on Thursday.

HANOI - Vietnam exported nearly .5 billion worth of phones and their components to China in the first quarter of this year, up 4.8 times against the same period last year, according to the General Department of Vietnam Customs on Tuesday.

HEFEI/XINING/CHANGSHA - Following incessant heavy rainfall in recent days, several provinces in China have initiated emergency response for flood control.

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Guo is currently a member of the Political Bureau of the CPC Central Committee and a member of the CPC Central Committee Secretariat; a State Councilor and a member of the Leading Party Members Group of the State Council, and concurrently Minister and Party Committee Secretary of the Ministry of Public Security; Deputy Secretary of the Political and Legal Affairs Committee under the CPC Central Committee; and First Political Commissar and Party Committee First Secretary of the Chinese People's Armed Police Force. He is Commissioner General of Police.

Guidelines for cases in the categories including false lawsuits, private lending, government information disclosure and illegal fundraising, have been introduced and applied in the court and the seven district courts within its jurisdiction.

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Guangzhou Alpha Omega Medical Technology, an Israeli medical device company specializing in neurosurgery and neuroscience, recently received 50 million yuan (.27 million) in investment from Guangzhou Sino-Israel Bio Industry Investment Fund.

HONG KONG - Dozens of residents in six floors of a Tai Po building where three cases of coronavirus infections have been confirmed will be sent to quarantine centers for tests, the government said on Saturday.