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China has announced a series of relaxed rules for merger and acquisition (M&A) loans targeting tech companies in a pilot program aimed at channeling more capital into sci-tech innovation and enhancing China's technological competitiveness, according to the country's financial regulator on Wednesday.
Prototypes of the world's fastest high-speed train, the CR450, with a test speed of up to 450 km per hour and an operational speed of 400 km per hour, are now undergoing type tests on Beijing's ring railways for future commercial services.
