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China greenlights 2 sci******
BEIJING, Oct. 30 (Xinhua) -- China's securities regulator has approved the initial public offerings (IPOs) of two companies on the science and technology innovation board.
Shanghai Prisemi Electronics Co., Ltd. and Hubei Huaqiang High-Tech Co., Ltd. will be listed on the Shanghai Stock Exchange's sci-tech innovation board, commonly known as the STAR market, according to the China Securities Regulatory Commission.
The companies and their underwriters will confirm the dates of the IPO and publish prospectuses following discussions with the stock exchange.
The STAR market, inaugurated in June 2019 and designed to support companies in the high-tech and strategic emerging sectors, has eased its listing criteria but adopted higher requirements for information disclosure. Enditem
Russia opens humanitarian corridors in Ukraine******
Russia announced new "humanitarian corridors" on Monday to transport Ukrainians trapped under its bombardment – to Russia itself and its ally Belarus.
The announcement came after two days of failed ceasefires to let civilians escape the besieged city of Mariupol, where hundreds of thousands of people are trapped without food and water, under bombardment and unable to evacuate their wounded.
The new "corridors" would be opened at 10am Moscow time from the capital Kiev and the eastern cities of Kharkiv and Sumy, as well as Mariupol, Russia's defense ministry said.
According to maps published by the RIA news agency, the corridor from Kiev would lead to Belarus, while civilians from Kharkiv would be permitted to go only to Russia. Russia would also mount an airlift to take Ukrainians from Kiev to Russia.
"Attempts by the Ukrainian side to deceive Russia and the whole civilized world ... are useless this time," the ministry said.
A spokesperson for Ukrainian President Volodymyr Zelenskiy called the move "completely immoral" and said Russia was trying to "use people's suffering to create a television picture."
"They are citizens of Ukraine, they should have the right to evacuate to the territory of Ukraine," the spokesperson said.
"This is one of the problems that is causing the humanitarian corridors to break down. They seem to agree to them, but they themselves want to supply humanitarian aid for a picture on TV, and want the corridors to lead in their direction."
Since Russia announced a special military operation against Ukraine on February 24, the two sides have had two rounds of negotiations in neighboring Belarus in search of a solution to the crisis, with no clear breakthrough in the first one and an agreement to open a humanitarian corridor to evacuate civilians during the second one on Thursday.
"We are ready to discuss some non-NATO models ... We are open to discuss such things in a broader circle, not only in bilateral discussions with Russia, but also with other partners," David Arakhamia, a member of the Ukrainian delegation said.
Arakhamia said NATO countries are not ready to discuss having Ukraine in the organization.
"The response that we are getting from the NATO countries is that they are not ready to even discuss having us in NATO, not for the closest period of five or 10 years. We would not fight for the NATO applications, we would fight for the result, but not for the process," said Arakhamia.
Russian President Vladimir Putin said on Sunday his country is ready for dialogue with the Ukrainian authorities and foreign partners.
Putin made the remarks in a phone conversation with Turkish President Recep Tayyip Erdogan, during which the Russian president also expressed the hope that the representatives of Ukraine will take a more constructive approach during the planned next round of negotiations.
The assault has sent more than 1.5 million Ukrainians fleeing abroad, and triggered sweeping sanctions that have isolated Russia in a way never before experienced by such a large economy.
Russia denies targeting civilians. It calls its campaign a "special military operation" to disarm Ukraine and arrest leaders it calls neo-Nazis.
The general staff of Ukraine's armed forces said Russian forces were "beginning to accumulate resources for the storming of Kiev," a city of more than 3 million, after days of slow progress in their main advance south from Belarus.
While Russia's advance in the north on Kiev has been stalled for days with an armored column stretching for miles along a highway, it has had more success in the south, pushing east and west along the Black and Azov sea coasts.
About 200,000 people remained trapped in Mariupol, most sleeping underground to escape more than six days of shelling by Russian forces that has cut off food, water, power and heating, according to the Ukrainian authorities.
About half the people in the city were due to be evacuated on Sunday, but that effort was aborted for a second day when a ceasefire plan collapsed as the sides accused each other of failing to stop shooting and shelling.
Economic Watch: China's marine economy sectors post steady recovery in first three quarters******
BEIJING, Nov. 11 (Xinhua) -- China saw its marine economy sectors recover steadily in the first three quarters of the year as COVID-19 prevention and control efforts took effect and demand gradually rebounded, according to the Ministry of Natural Resources.。
The marine economy is seen as key to building significant strength in the marine sector, and to economic transition and growth for China, a big marine country with a coastline of 18,000 km and sea area under its jurisdiction of about 3 million square km.。
Posting upbeat performances in traditional and emerging industries as well as foreign trade, China recorded a total output value of 6.2 trillion yuan (about 966.6 billion U.S. dollars) in its marine economy in the first nine months, data released by the ministry shows. The figure represents year-on-year growth of 9.5 percent and two-year average growth of 2.1 percent.。
Emerging industries have extended their fast recovery momentum, led by a strong performance from the renewable energy utilization industry, according to the ministry.。
More than 80 percent of key enterprises in the industry achieved year-on-year growth in operating income.。
More than 70 percent of key companies in the marine medicine and biological products industry and the marine engineering equipment manufacturing industry realized year-on-year growth in operating revenue.。
Traditional marine industries have also seen solid improvement.。
Offshore oil and gas production recorded steady growth in the first three quarters, with the national output of offshore crude oil and natural gas rising 7.6 percent and 6.3 percent, respectively.。
Also recovering was the vitality of market entities. Data shows that 13,743 enterprises were newly registered in major marine sectors during the first three quarters, an increase of 8.3 percent year on year.。
The foreign trade of the maritime industry rose steadily, with the total import and export volume increasing 23.2 percent year on year.。
China has included marine economy development in its Outline of the 14th Five-Year Plan (2021-2025) and the Long-Range Objectives Through the Year 2035. According to the plan, the country aims to build a modern marine industry system through measures including technological breakthroughs and the construction of demonstration zones for the marine economy. Enditem。