This is NEWS Plus Special English.
The European Investment Bank has given northeast China's Harbin City 50 million euros in low-interest loans to renovate residential buildings and school dormitories.
Harbin's bureau of finance says the loans will mature in 18 years, at an interest rate of 0.44 percent, much lower than almost 5 percent mid-and-long-term loan rate of China's currency, the renminbi, in domestic banks.
Many of the city's 800 buildings to be renovated were built in the 1980s and are not energy-efficient.
Upon completion, the projects will slash annual emissions of carbon dioxide by 270,000 tonnes, and greatly reduce emissions of sulfur dioxide and dust
You're listening to NEWS Plus Special English. I'm Mark Griffiths in Beijing.
Shanghai Disney Resort will officially open on June 16.
The resort will host a spectacular welcoming ceremony for the first group of tourists, as part of a multi-day grand opening celebration.
Shanghai Disney is the sixth of its kind worldwide. Construction of the resort started in 2011 with an investment of 34 billion yuan, roughly 5-and-a-half billion U.S. Dollars.
According to Walt Disney Organization, Shanghai Disney will feature attractions unseen in five other Disney resorts. The new attractions include those based on Marvel comics and Star Wars, and others inspired by Chinese culture.
This is NEWS Plus Special English.
A blockbuster film based on the Korean War in the early 1950s is being worked on by Chinese filmmakers. The film's director Oxide Pang says the film aims to commemorate Chinese soldiers who displayed great courage in the war.
Starring popular actor Liu Ye, the film, entitled "My War", is scheduled to be released by the end this year.
The film tells of the romance and friendship among a group of soldiers of the Chinese People's Volunteer Army who fought in the war. More than 183,000 Chinese soldiers died in the war which took place on the Korean Peninsula between 1951 and 1953.
The director said more than 100,000 rounds of real ammunition were used during the filming, which began in September and concluded recently.
