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In general, many banks will not loan out such a large sum of money to a rural resident as they might be unable to pay off the loans. However, since Wang was honored with an award for his hard work by the local government last year, it would be easier for him to get the 300,000 yuan loan.

DPRK-China relations have entered a new stage and enjoy broad prospects thanks to the efforts of DPRK leader Kim Jong Un and Chinese President Xi, said Kim Yong Nam, adding that Li's visit has injected fresh impetus into the bilateral friendship.

BEIJING, Aug. 26 (Xinhua) -- Children's books were a highlight at Beijing International Book Fair, which concluded Sunday.

Stressing that development is what African nations need most, Sisi said the Beijing Summit of the FOCAC demonstrates that China attaches great importance to Africa's development. Egypt fully supports China in hosting a successful summit, he said.

The Chinese side will further relax market access, treat Chinese and foreign companies equally, better protect intellectual property rights, continuously optimize the business environment and provide more convenience for foreign companies to invest in China, in order for China to remain a hot investment destination for foreign companies, said Li.