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Xinhua China News Digest at 16:00 GMT, Feb. 20

The following are China news stories moved by Xinhua News Agency as of 16:00 GMT, Feb. 20.

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* 1st Ld-Writethru-China Exclusive: Chinese university, school "shocked", "indignant" at reported involvement in Google cyber attacks

SHANGHAI, Feb. 20 (Xinhua) -- Two Chinese educational institutions blamed for cyber attacks on Google and other firms said Saturday the allegations are unfounded.

* China to tighten reins on animal feed to boost food quality, safety

BEIJING, Feb. 20 (Xinhua) -- Animal feed and feed additive companies are obliged to immediately recall products upon discovery of any defect that may result in harm to animals or people, a draft regulation made public Saturday said.

* Tibet markets boom after Tibetan, Lunar new years coincide with Valentine's day

LHASA, Feb. 20 (Xinhua) -- Markets boomed here during the golden week holiday when three festivals coincided on Feb. 14 -- the Tibetan New Year, the lunar New Year and Valentine's Day.

* First Dunhuang grottoes archaeological report likely to be published this year

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GANSU, Feb. 20 (Xinhua) -- The first volume of a lengthy archeological report on the Dunhuang grottoes on the ancient Silk Road is likely to be published this year, an archaeologist said Saturday.

* China promotes "red text messages" during Spring Festival to nurture healthy Internet environment

BEIJING, Feb. 20 (Xinhua) -- Chinese people have increasingly wished their family and friends a happy new year with a "red text message" as they celebrated the Spring Festival from Feb. 14 to Feb. 28.

BUSINESS & FINANCE

* China January inward FDI up 7.79 pct yoy; 6th straight monthly rise

BEIJING, Feb. 20 (Xinhua) -- Foreign direct investment (FDI) into China rose for the sixth consecutive month in January, up 7.79 percent year on year to 8.13 billion U.S. dollars, China's Ministry of Commerce (MOC) said Saturday.

* China strengthens lending regulations, focuses on credit risk control

BEIJING, Feb. 20 (Xinhua) -- China's banking regulator has issued two regulations that aim to tighten banks' lending and risk management controls.

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Duty editor: Chang Ai-ling @ 8610 6307 3665

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