China wishes to bring more benefits to Myanmar, says ambassador
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Chinese Ambassador Yang Houlaan has said China would like to bring more benefits to the world, especially to friendly neighbouring countries, such as Myanmar, while pursuing its own development, according to news posted on the website of the Chinese embas
The ambassador expressed the wish during a reception hosted on Friday for representatives from news agencies, explaining the ideas behind the concept of the “Chinese Dream”.
The fast development in Myanmar and China provided unprecedented opportunities for the further development of the strategic cooperative partnership between the two countries, he suggested.
"Our cooperations are complementary, and thus have great potential", the Chinese ambassador said, "we always encourage qualified Chinese companies to invest in Myanmar and contribute to Myanmar's socio-economic development."
He said that the basis of public support for bilateral friendship should be cemented through a number of ways, such as more frequent social and cultural exchanges.
He also said enhanced mutual understanding and trust is essential to ensure that our traditional friendship will be passed from generation to generation.
The Chinese ambassador answered questions relating to major joint projects, trade and people to people exchanges between the two countries.
Some media in Myanmar were not invited to attend the reception hosted by the Chinese embassy in Yangon.
Credit Information Bureau to be formed
Myanmar will be formed a Credit Information Bureau to check up the background history of borrowers for financial loans, the senior adviser San Thein of the Small and Medium Enterprise Development Bank.
"The bureau will be formed with the assistance of Singapore and it is to eliminate the difficulties in financing for SME's owners," he told the ASEAN Economic Community Workshop in Mawlamyaing on May 18.
San Thein added the banks are financing up to 60% of the collateral of SME's investors. There will be no loan for an investor who is not able to provide any collateral. The goal of the bureau is to help for those are not legible to get a loan.
At least 90% of the SME in industrial sectors stopped running the business due to inadequate finance, according to industry ministry's statements.
"Lack of finance results losses to both the government and business owners. Credit Bureau is a must to form to develop SME sectors," San Thein said.
There are 126,237 small and medium enterprises in Myanmar.
Myanmar inspects China chickens
Myanmar health authorities inspect the imported chickens and chicken products from China border to prevent the epidemic of H7N9 into Myanmar.
Chickens and chicken products trading in Myanmar-China border are transferred to laboratories in Yangon to inspect the infection.
“Authorities will take examination over whether the infection of H7N9, a new form of bird flu happening in China, spread to Myanmar. Chickens and products will be examined in the laboratories of veterinary diagnosis section of Myanmar Livestock Breeding and Veterinary Department (LBVD),” said an official from the epidemiology section of the LBVD.
Six hundred samples of poultry products traded in Myanmar-China border townships – Muse, Lauk Kai, Lashio, Nam Kham, Konekyan, Mai Lar and Chinshwehaw will be transferred to Yangon within 72 hours as the first step.
The LBVD staff served in the rural areas must be trained for the laboratory experiments and research of the bird flu.
The inspection program will also take in the central Myanmar townships where bird flu has been epidemic.
These programs will be started by the end of this month; practitioners of the LBVD will lead.
Myanmar authorities destroyed the chickens and poultry products importing from China border while H7N9 was happening in China.
