The fund will provide more definitive support in investment and financing to push the initiative ahead, Yang said.
The government has been working with domestic shipbuilding giants and renowned universities to set up oceanographic research bodies in the city, Li said, adding that it is also making plans for constructing a large maritime museum.
The funding round was co-led by SDIC Fund and Sherpa Healthcare Partners. The company has now raised over 0 million from two rounds of fundings.
The government will come up with a supplementary budget within ten days and try to get it through parliament at the earliest date possible, he said.
The foundation also plans to build more of these facilities to meet local demand for medical care and emergency services, but obstacles such as the threat of terrorism remain, he said.
The giant panda reintroduction program refers to releasing captive-bred pandas to their historical distribution areas to live and reproduce after wild training so as to rebuild the wild population of the giant panda.
泽康体检预约平台
The goal "is to form a dynamic supervision system featuring the market subject's self-discipline, transparent operation, credit record keeping and the authorities' increasingly frequent spot checks," said Zhang Jianhua, deputy director of the Pudong market supervisory and administrative bureau. "It is almost impossible for business operators to take advantage of loopholes to evade supervision."
The government briefly considered issuing 50-year and 100-year bonds to pay down debt, but during testimony Tuesday before the Senate Banking Committee, Treasury Secretary Steven Mnuchin said there was no demand for those securities.
The future is much murkier for another Baytown steel business, Borusan Mannesmann Pipe. Without a waiver, Borusan may face tariffs of million to million annually if it imports steel tubing and casing from its parent company in Turkey, according to information the company provided to the AP.
The government will also work on rules to specify the category of the new economy sector, Yan said.