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Liu Li, an analyst at Shanxi Securities Co Ltd, said the move is an important step of further opening China's securities sector to foreign players and it will bring healthy competition and help introduce mature experiences and expertise from overseas institutions to the domestic industry.

Liu Guoqiang, deputy governor of the People's Bank of China, said the central bank will increase the re-lending and rediscount quota by 1 trillion yuan (1.56 billion) to provide small and medium-sized banks with low-cost funds at a one-year interest rate of 2.5 percent.

Liu has been engaged in the collection, planting and sales of the herb for eight years.

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Little Swan, established in 1958, has been a top domestic washing machine manufacturer. More than 90 percent of the company's sales revenue comes from its washing machine products.

Liquor has accounted for 66 percent of its Spring festival alcohol sales on its online and offline channels, with expectedly large sales in its medium-and high-end brands.

Liu Fuqing, deputy head of the CCA, said that the alliance will organize its members to take part in training this year, with a view to learning the regulations.

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Liu Senmiao, vice-president of Junlebao Dairy Co Ltd, a Chinese milk powder company, said his phone number became a hotline of sorts for distributors after one of the company's brands, Lepur, appeared on the approved list.

Liu Shaojian, director of Beijing's State-owned cultural assets administration center, said the city is working on establishing a cultural development fund, a risk compensation fund, a credit rating system and appraisal system for intangible assets, to help more cultural companies get financing and lower the risk of investment firms.

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Lin said she sincerely hoped that the efforts of the two business associations would lead to Chinese and Bulgarian companies achieving better results.

Little Kader, concerned about being caught doing a "woman's job", used to hide when he studied embroidery.