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The Chinese government places high importance on the financial services targeting micro and small businesses. Premier Li Keqiang underlined the importance to smooth the policy transmission channels with targeted measures and encourage financial institutions to raise the share of loans to micro and small companies and cut their financing cost.
"The project has already got a partner in Egypt and we have begun its feasibility study," the Chinese businessman told Xinhua.
The Kyauk Phyu SEZ is part of the China-Myanmar Economic Corridor, and the project will benefit the people of Myanmar and promote the China-Myanmar paukphaw (fraternal) friendship, said the Chinese ambassador.
"China's reforms, coupled with its entry into the WTO, has let one in every ten people on this planet out of poverty. Could there be any question that this is one of the greatest achievements?" she asked.
In its next phase, the application of the BeiDou system will be tailored to suit customers' needs and will serve to monitor landslides and dam deformations using accurate positioning, according to Ping.
来源：资阳报