While B&R construction is in full swing, c

JINAN Jamaal Williams Youth Jersey , Nov. 17 (Xinhua) -- Volunteers in east China's Jinan city are raising funds via social media to buy 7.5 tons of cat food, which they say will be enough to feed 1,000 stray cats through three months of winter.


The fundraising was inspired by similar campaigns held earlier in other Chinese cities such as Beijing and Shijiazhuang, according to Zhao Wen, a volunteer.


Temperatures dropped dramatically across large parts of China on Friday. Many cities in the north are seeing temperatures below freezing for the first time this year.


Through a shop on WeChat, China's dominant messaging app, concerned citizens can pay for the cat food to be delivered to a Jinan-based warehouse Kevin King Youth Jersey , where volunteers will pick up the food to feed stray cats on the streets.


Receipts, photos and videos documenting the cat food delivery will be published online to ensure efficient and transparent use of funds, Zhao said.


Zhao and some other volunteers in Jinan regularly pay out of their own pocket to provide food and shelter for stray animals, but they are unable to afford large-scale feedings.


Starting November 6, volunteers raised 24,000 yuan (3,621 U.S. dollars) in ten days JK Scott Youth Jersey , which can buy 1.5 tons of cat food, Zhao said, adding that a cat food vendor is also extending help by giving a big discount on the price.


Winter is particularly hazardous for stray cats, as they have to withstand the chill with little food, volunteers say.


"On behalf of stray cats in this city, I'm asking for mercy," Zhao said. "Next year Josh Jackson Youth Jersey , I want to welcome the spring with them."




BEIJING, Dec. 3 (Xinhua) -- Chinese banks are looking to tap the opportunities arising from the huge investment and financing demands in the Belt and Road (B&R) regions, where investors are attracted by the potential of infrastructure and less-developed industries.


"Most countries along the B&R are developing economies that have numerous opportunities in infrastructure, rail transit, urban development, logistics, cross-border e-commerce and other areas Jaire Alexander Youth Jersey ," said Hong Qi, chairperson of China Minsheng Bank, a leading joint-stock commercial bank.


Infrastructure financing demand alone will amount to 10 trillion U.S. dollars in the next five years, Hong said at a recent forum.


Betting on these prospects, the Beijing-based lender has signed lending agreements worth over 10 billion U.S. dollars with businesses from more than 30 countries and regions, with more projects financed via public-private partnership in the pipeline.


Minsheng is not the only bank that has strengthened its push in the B&R. Other lenders including the Industrial and Commercial Bank of China and China Everbright Bank have also jumped into action. By the end of 2016, nine Chinese banks had set up 62 branches in 26 countries and regions along the Belt and Road Randall Cobb Youth Jersey , data from the China Banking Regulatory Commission showed.


"There are bright prospects for banks to finance the B&R," former Chinese Vice Foreign Minister He Yafei has said.


Proposed by China in 2013, the B&R Initiative aims to build trade and infrastructure networks connecting Asia with Europe and Africa based on ancient land and maritime trade routes. Analysts believe opportunities are sprouting for global businesses to increase their presence and investment in the to-be-booming regions where public facilities still lag behind.


Multilateral lender the Asian Infrastructure Investment Bank and the Silk Road Fund were founded to finance the B&R.


Backed by financial support, investment went up steadily along the B&R. During the first 10 months of 2017, Chinese investors put forward 11.2 billion U.S. dollars in 53 countries and regions along the Belt and Road.


Thanks to the capital pumped in, Asian infrastructure is improving rapidly, with transportation networks improved and more public facilities erected Mike Daniels Youth Jersey , ranging from power stations to hospitals.


"More tangible progress will have been made by 2020," said Zhang Yansheng, a researcher at China Center for International Economic Exchanges, citing railroads and expressways that will stretch to more areas including Southeast Asia and the Mediterranean.


"Investment growth in the B&R will pick up pace in a couple of years, with double-digits compound increase expected in 2018 and 2019," said Robin Xing, Morgan Stanley's chief China economist.


Not only will infrastructure improve Clay Matthews Youth Jersey , but global trade will also benefit, Xing said. "B&R countries will see a 10-percent increase in their exports in ten years because of Chinese investment as better ports and railways will facilitate cargo flows."


While B&R construction is in full swing, concerns about investment risks also linger mainly due to regional political and economic instability.


Risks facing Chinese state-owned enterprises (SOEs), major investors in the B&R regions, are completely controllable, Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission (SASAC) Aaron Rodgers Youth Jersey , has said.


Over the last three years, 47 Chinese SOEs supervised by the SASAC have taken part in 1,676 projects in countries and regions along the B&R spanning energy, infrastructure and industrial cooperation. The investment was well-planned and organized, and supervision of the decision-making process has been toughened, Xiao said.


Xing said the risks will be low. "Even if investment amounted to 60 billion U.S. dollars a year...it still only accounts for less than a third of China's current account surplus and around 0.5 percent of the nominal GDP."






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