2016-01-28 12:31:38 CRIENGLISH.com Web Editor: Luo Bin
Premier Li urges more financial support for industrial upgrades
Chinese Premier Li Keqiang has called for more financial support for industrial upgrades as the country strives to restructure its economy.
A statement issued after an executive meeting of the State Council, chaired by Li, said the government will encourage financial institutions to offer credit support to high-tech enterprises.
Meantime, China also expects more financial support in the shape of "green loans" that help companies improve energy efficiency.
The country will encourage enterprises to raise money to reform old growth drivers through mergers and revamping of operations.
New thinking, supply-side reform stressed in agriculture modernization
Chinese authorities are vowing to achieve progress with reforms designed to modernize the agricultural sector by 2020.
The pledge comes as the country released a key policy paper on Wednesday.
The policy paper reports that total grain output increased 2.4 percent year on year to over 620 million tons in 2015, the 12th straight year of growth.
It also highlights reforms in the agriculture sector, and pledges to improve the competitiveness of agricultural products through high-quality farmland.
Mainland warns cross-Straits relations undermined without 1992 Consensus
The Chinese mainland has warned that cross-Straits relations will face a serious setback if the 1992 Consensus is not the political foundation of the mainland's relationship with Taiwan.
Ma Xiaoguang, spokesman for the State Council Taiwan Affairs Office, made the remarks in response to questions on the status of the new hotline between the mainland and Taiwan chiefs of cross-Straits affairs.
He says if the two sides maintain this political foundation, progress is safe.
Meanwhile, the spokesman denies that the Chinese mainland has set a cap on the annual number of tourists who can visit Taiwan.
Campaign sees 857 fugitives returned to China
More than 850 Chinese fugitives who had been living overseas were returned to China last year, under the campaign to round up suspects accused of economic crimes.
The fugitives were scattered across more than 60 countries and regions.
360 of them surrendered to police voluntarily under the Fox Hunt 2015 operation.
More than 200 of the suspects had been implicated in cases involving more than 10 million yuan.
Fox Hunt 2016 will be launched soon.
Chinese Zoomlion confirms bid for U.S. Terex
Chinese machinery maker Zoomlion has confirmed that it has delivered an acquisition proposal to U.S.-based Terex Corporation.
The proposal is conditioned on receipt of US and Chinese regulatory approval and Zoomlion shareholder approval.
Terex has also confirmed that Zoomlion has made a cash offer to acquire all outstanding shares.
It is in discussions with Zoomlion regarding the proposal.
Zoomlion will have the support of financial institutions for the acquisition.
China's Top Medical Authority Probes Hospital Appointment Scalping
China's top medical authority is set to investigate and punish scalping of hospital outpatient bookings.
A video clip showing a young girl weeping inconsolably, claiming hospital staff colluded with scalpers, went viral on social media this week.
A scalper offered the girl an appointment for the equivalent of 680 U.S. dollars.
The original cost of the booking ticket was around 50 dollars.
The National Health and Family Planning Commission announced on Wednesday that it will investigate the incident.
Obama hornors 4 for helping Jews during the Holocaust
President Barack Obama has honored four people posthumously for risking their lives to protect Jews during the Holocaust.
Speaking at the Israeli Embassy in Washington, Obama also exhorted his audience to fight what he said is a rising tide of anti-Semitism around the world.
He was the first sitting president to speak at the embassy.
Oregon sets up checkpoints around occupied refuge
State and federal authorities have urged a group of armed men occupying a U.S. wildlife refuge in Oregon to abandon the protest over land rights, a day after their leader and seven other people were arrested and one man was killed.
Law enforcement tightened security around the Malheur National Wildlife Refuge after occupation leader Ammon Bundy and his group were taken into custody.
Authorities declined to give details of what led to the fatal shooting of one member of the group, who had acted as a spokesman for the occupiers.
Sweden to expel up to 80,000 failed asylum-seekers
Sweden is to expel 80-thousand asylum-seekers whose applications have been rejected.
The country's interior minister says charter aircraft will be used to deport the migrants over several years.
More than 160-thousand migrants applied for asylum in Sweden last year, the highest per capita number in Europe.
Of the 58-thousand cases processed last year, over half of them were accepted.
UK to give sanctuary to unaccompanied refugee children
The United Kingdom is to give sanctuary to unaccompanied child refugees from conflict zones.
The Home Office is set to work with the UN High Commissioner for Refugees to identify "exceptional cases" of children in Syria and neighbouring countries.
However, the British authority says it will not take in anyone who has fled to Europe.
The UK has accepted 1-thousand refugees from Syria under the auspices of the Vulnerable Persons Resettlement Program.
It has committed to taking in 20-thousand by 2020.
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