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CHINA DAILY | HONG KONG EDITION Wednesday, December 23, 2020 | 3 TOP NEWS Signs of the times Space: Model Meeting vows competitive in reliability, cost more support From page 1 In China and many Western nations, an increasing number of newly founded private companies for small firms have started to design and build sat- ellites, generating huge demand for commercial launch services. Many of Li stresses importance of ‘well­calibrated these privately made satellites are set to operate in sun-synchronous orbit. and more effective policy operations’ In addition to the Wenchang launch facility, the rocket can also By WANG KEJU for micro, small and medium-sized be launched at the Jiuquan Satel- [email protected] enterprises,” Li said. lite Launch Center in the north- “The Central Economic Work western Gobi Desert. China will prolong policies on Conference has underlined that Research and development start- inclusive loan repayment exten- the necessary support for econom- ed in 2017 and took about three sion and the credit loan support ic recovery will be sustained, with years. Construction of the first Long program for smaller businesses, well-calibrated and more effective March 8 was completed in October. the State Council executive meet- policy operations.” “It is not common for designers ing chaired by Premier Li Keqiang It was decided at the meeting Posters about the battle against COVID-19 stand on exhibition in Qinhuangdao, Hebei province, on and engineers to build a new rocket decided on Monday. that the provisional deferral policy Monday. More than 80 pieces of art were displayed at the exhibition recording China’s efforts in com­ type within just over two years,” said These measures are being taken for both principal repayment and bating the virus. CAO JIANXIONG / FOR CHINA DAILY Song Zhengyu, Long March 8’s chief to keep the main economic indica- interest payment on smaller busi- designer. “From the very beginning, tors within an appropriate range, nesses’ inclusive loans will contin- we decided that this project must be maintain the continuity, stability ue to be carried out in the first market-oriented so the rocket could and sustainability of the policies, quarter of next year. In addition, be competitive in terms of its cost spur the vitality of market players loan repayment will be further and carrying capacity.” and anchor market expectations. extended within a proper time Former Hong Kong top judge calls As a result, the rocket’s design and Related departments devised frame. Inclusive loans granted to technologies are mainly based on two monetary policy tools this micro and small businesses will be those already used by the Long year, in an effort to offer intensi- extended as much as possible in for radical reform of court culture March 3A and the Long March 7. The fied, direct support to the real line with market principles and adoption of proven designs guaran- economy and help tide businesses based on consultations between By GANG WEN in Hong Kong Litton also voiced his concerns with the National People’s Con- tees Long March 8’s reliability and over difficulties. enterprises and banks. [email protected] on the abuse of the Basic Law over gress Standing Committee, the cost-effectiveness, he said. Those tools were the loan exten- Incentives will be put in place for the past 15-plus years by various nation’s top legislature. Mou Yu, a senior structural engi- sion which encourages local banks local banks that provide inclusive A former judge of Hong Kong’s counsels and how it was tolerated The Court of Final Appeal neer, said the vehicle is an ideal — urban and rural commercial loans for micro and small enter- top court on Tuesday called for a by the courts. upheld on Monday the constitu- option for communications net- banks and rural credit coopera- prises with a deferred repayment radical reform of the culture of the Litton cited the case of the anti- tionality of the anti-mask law as work operators to put multiple sat- tives — to provisionally defer period of no less than six months. city’s courts, which he said have mask law in which two High Court well as the government’s power to ellites into low orbit to establish smaller businesses’ inclusive loan The incentives will remain at 1 per- been favoring individual rights judges ruled in November 2019 invoke the emergency ordinance. their space-based networks. repayments with incentives in cent of the loan principal. over the public interest and “gone that the Emergency Regulations In another criticism of the city’s Project managers have estimated place, and inclusive credit loans The meeting also decided that on to completely the wrong track”. Ordinance, invoked to introduce judiciary, Litton said the courts’ that at least 10 Long March 8s will which provide local banks with the inclusive credit loan support Over a considerable period, the the ban, was incompatible with the judgments focus not on the real be used per year, given the strong concessional funding support. The program will be extended from the courts have raised the importance “new constitutional order” estab- issues but arguments put up by demand from domestic and inter- implementation of these policy end of this year as appropriate. of personal sovereignty way above lished after the 1997 handover. counsels, despite many such argu- national satellite businesses, while tools benefited over 3.1 million Concessional financial support at the community interest, said Hen- “The judgment that they ren- ments being quite absurd. its annual manufacturing capacity smaller businesses. 40 percent of the loan principal ry Litton, a retired judge of the dered was absolutely outrageous. The function of the court is not will soon reach 20. “This year, China’s economy was will continue to be given to eligible Court of Final Appeal, on TVB They had, in effect, assumed what to entertain arguments brought able to achieve positive growth. local banks for their issuance of Pearl’s weekly show Straight Talk. was a sovereign right to say what forward by the counsels, Litton Pursuit of reusability This is attributable to financial inclusive credit loans to micro and “Each time the court so decides, the constitutional order for the stressed. In order to increase its commer- institutions’ intensified support small enterprises. it directs personal sovereignty, Hong Kong SAR should be and He also noted the abuse of the cial competitiveness, the rocket is personal rights above community decided accordingly,” Litton said. process of public law, particularly expected to eventually become the interest. That trickled down to the In an opinion piece published the process of judicial reviews of first reusable model in the Long community,” he observed. in the local English-language executive decisions. March series. Never too early to learn Litton cited several court rul- newspaper South China Morning Litton took note of the startling Designers intend to develop an ings in which individual rights, Post in early September, the veter- spike in the number of judicial integrated first stage for the rock- such as freedom of expression, an judge said the judgment review applications, which was et’s future reusable variant. This freedom of speech and the right to showed “total insensitivity” to the almost 35 times higher in 2019 new first stage will consist of a core demonstrate, were elevated above policy of “one country, two sys- than it was in 1997. booster and two side boosters. the community interest. tems”, as the final power of inter- According to a Legislative Coun- Instead of breaking up and falling The reform must come from the pretation of the Basic Law lies not cil report, there were just 112 appli- back to Earth like the first stages of very top of the judiciary, he said. with the Hong Kong courts but cations for judicial review in 1997. all previous Chinese rockets, the new core and side boosters will stay together and make a powered land- ing on a recovery platform at sea. Mou said designers will strive to CDC says coronavirus mutation develop crucial apparatus for the pursuit of reusability, such as a from overseas not detected in China variable-thrust engine and vertical landing gear. By WANG XIAOYU Concerns about virus mutations strain’s pathogenicity — its ability Lu Yu, a senior scientist at the People visit a ski resort on Tuesday in Zhangjiakou, Hebei prov- [email protected] were thrust into the spotlight to cause infected people to show China Academy of Launch Vehicle ince, ahead of the upcoming Beijing 2022 Olympic Winter Games. recently when the United Kingdom symptoms — and its impact on the Technology, said that if engineers WEI XIAOHAO / CHINA DAILY A mutated novel coronavirus cir- announced over the weekend it overall death rate. could control the descent and land- culating overseas has not been would impose strict new lockdowns More efforts will also be devoted ing process of the first stage of a found in China, and Chinese in response to a new variant that to measuring the new strain’s rocket and recover it, then they researchers are closely monitoring appears to accelerate the transmis- response to antibodies triggered by could greatly improve the rocket’s virus mutations and examining sion of the coronavirus. vaccines, he added. cost-effectiveness and also reduce new steps to cope with them, Feng said a series of disease con- Zhang Wenhong, director of the risks and disturbances to residents Ministry blasts US according to a senior disease con- trol measures taken by Chinese Center for Infectious Diseases at living along its trajectory. trol official. authorities for months are “very Fudan University’s Huashan Hospi- “Making rockets recoverable and for visa policy attacks Feng Zijian, deputy director of effective” in containing imported tal in Shanghai, said the novel coro- reusable is an ideal approach to the Chinese Center for Disease Con- infections and stamping out local navirus is an RNA virus that reduce launch costs and boost mis- trol and Prevention, said that no transmission of the virus.

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