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hina strengthens financial support for small, micro businesses

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.

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hina offers tax relief to overseas talent working in Greater

  China’s Ministry of Finance Saturday announced a favorable tax policy for overseas talent working in the Guangdong-Hong Kong-Macao Greater Bay Area.

  Based on the individual income tax differentials between the Chinese mainland and Ho

ng Kong, overseas high-end talent and professionals in short supply that work in the Greater Bay Area will

get subsidies from Guangdong province and Shenzhen municipality to offset the differentials, according to the MOF.

  The subsidies will be exempt from paying individual income tax.

  The policy, effective from January 2019 to the end of 2023, applies to nine cities in Guangdon

g — Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing, the ministry said.

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We are the first Chinese dairy maker to sell products abroa

and we will introduce more products tailored to the preferences of local consumers. In Indonesia, the penetration rate of yogurt is low and there are not many brands available, so there is a huge market potential,” Yu said.

Li Shengli, a professor at China Agricultural University, said leading Chinese dairy firms Yili

Group and Mengniu Dairy, which are both among the top 10 global dairy producers, are expec

ted to increase their sales by 30 billion yuan ($4.46 billion) to 50 billion yuan in the next five years or so, and could

join the top five global dairy producers, bolstered by strong demand in China.Strengthening the safeguarding and utilization of cultural relics and inh

eritance of intangible cultural heritages were mentioned in this year’s Government Work Report.

This year’s two sessions witnessed a heated discussion among many NPC deputies

and CPPCC members about the issue of protecting, utilizing and developing cultural heritage.

In terms of how to realize the target and boost cultural self-confiden

ce based on China’s national condition, many NPC deputies and CPPCC members shared their opinions.

Gao Yun, an NPC deputy and secretary of the Huangpu district committee of the CPC, said that

we should establish the system of classified protection and proper use of historical buildings, formulate

the law of protection of historical buildings, and establish the system of property redemption of buildings.

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The President’s emergency Proclamation reasonably descr

  ribed the current situation as an ongoing ‘border security and humanitarian crisis,'” Boyd adds. “The cris

is at the border … may qualify as an emergency even though it, too, is not entirely new.”

  Twelve Republican senators banded together Thursday to deliver the f

orceful rebuke after expressing concerns that Trump’s use of the national emergency decla

ration as an end-run around Congress violates the separation of powers and sets a bad precedent that a woul

d-be future Democratic president could follow to unilaterally drive their agenda.

  The White House sought to pare back Republican defections leading up to the vote, with the President and White House aides

making clear to Republican senators that a vote against Trump on this issue would have ramifications come re-election time.

  Trump rejected entreaties from several Senate Republicans t

o agree to a compromise that would curtail his national emergency powers and instead fra

med the vote not as a matter of constitutional concerns, but rather as a litmus test on border security.

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However, in a social media post just before the attack, an acco

  unt that is believed to belong to one of the attackers posted a link to an 87-page manifesto that

was filled with anti-immigrant, anti-Muslim ideas and explanations for an attack. The manifesto was not signed.

  In addition, police are aware of a video shared online and broadcast live during the at

tack, which purports to show a gunman walking into an unnamed mosque and opening fire.

  ”We would strongly urge that the (video) link not be shared. We are working to have any footage removed,” the New Zealand police said.

  In a statement, a spokesperson for Facebook New Zealand, Mia Garlick, said videos that appeared to show the Christchurch shootings were quickly taken down.

  ”New Zealand Police alerted us to a video on Facebook shortly after the livestream co

mmenced and we removed both the shooter’s Facebook account and the video. We’re also

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Proposals on social issues included promoting emplo

yment, bolstering vocational and preschool education and better caring for elderly people.

Cao A’min, a CPPCC National Committee member, said the focus on the economy and emp

loyment this year is highly appreciated given the current economic challenges from home and abroad.

At the closing meeting, Wang, the top political adviser, called on all CPPCC mem

bers to strengthen their learning and education to improve their capabilities in performing their duty.

This year marks the 70th anniversary of the founding of the Peop

le’s Republic of China and the CPPCC, he said, adding that socialism with Chinese cha

racteristics has entered a new era and the CPPCC is shouldering more responsibility.

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Measures will better protect Yangtze ecology, minister says

Ecological protection on the Yangtze River still face crucial challenges and more meas

ures will be taken for better protection of the area, said Li Ganjie, Minister of Ecology and Environment.

He said that over 160 severe ecological problems were identified in 40

-plus cities and counties in 11 provinces along the river during a four-month secret inv

estigation jointly carried out by the ministry and local authorities since last August.

This year, the ministry will continue to implement the action plan concerning the river’s prote

ction released in late January with the National Development and Reform Commission, according to Li.

“We have eight missions included with four new ones projected to start this year,” he said.

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passengers of more than 30 nationalities and eight crew

An Ethiopian Airlines flight crashed shortly after takeoff from Ethiopia’s capital on Sunday morning, killing all 157 on board, authorities said, as grieving fam

ilies rushed to airports in Addis Ababa and the destination, Nairobi. Eight Chinese citizens are among the dead.

It was not immediately clear what caused the crash of the Boe

ing 737-8 MAX plane, which was new and had been delivered to the airline in November. Its last m

aintenance was on Feb 4 and it had flown just 1,200 hours, according to the airline’s CEO Tewolde Gebremariam.

He also told reporters that the pilot, who was a senior one and join

ed the airline in 2010, sent out a distress call and was given clearance to return.

The plane crashed six minutes after departing Addis Ababa on its way to Kenya’s capital, p

lowing into the ground at Hejere near Bishoftu, or Debre Zeit, about 50 kilometers south of Addis Ababa, at 8:44 am local time.

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Chinese Party and state leaders extended condolences to

ictims’ families. and were deeply concerned with the situation of Chinese citizens involved, Lu told a regular press conference in Beijing.

“We feel deeply grieved for it. We express deep condolences to all victims and sincere sympathy to their families,” Lu said.

According to Lu, the Chinese embassy in Ethiopia has established a coordination and liaison mechanism with the Eth

iopian side and got into contact with the relatives of the Chinese citizens who died in the accident.

So far, the identities of the eight Chinese citizens have been confirmed.

Four are employees of Chinese companies, two work for t

he United Nations and the other two come from Liaoning and Zhejiang provinces.

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The islanders were shipped to Rongerik, an uninhabited atoll

  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.

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