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The art work, called "Eleanor", is inspired by a chance encounter between Liverpool-born artist Leonard J Brown and an elderly lady, and a character from one of the most famous songs by the pop group, The Beatles, called Eleanor Rigby.

Brown said the aim of his creation was to depict wealth and poverty. The old woman is described as a "bag lady" -- a name given to a poor and homeless woman.

The 1.57 meter work depicts the bag lady who, according to the Beatles song [url=http://www.cheapairmax270shoes.com/cheap-men-s-nike-air-max-270-flyknit-bold-black-orange.html]Cheap Men's Nike Air Max 270 Flyknit Bold Black Orange[/url] , died "without a penny to her name."

The artist said, "The sculpture serves to show people that money isn't the only way to make you happy and we should all be thankful for what we have."

"There are people in every town and city like Eleanor Rigby who live a lonely life and whose only worldly goods are kept in the bags that they carry."

"I asked the Bank of England to supply me with a million pounds worth of bank notes basically, and after many emails and telephone calls I was invited to the bank to collect it," said Brown.

It took six months to create the sculpture, using old 10-pound, 20-pound and 50-pound bank notes.

After successfully negotiating the handover of the banknotes with the Bank of England, Brown was eventually given the notes in the form of shredded pellets. Around 300 [url=http://www.cheapairmax270shoes.com/nike-air-max-270-womens.html]cheap air max 270 womens[/url] ,000 pound of the pellets were used to fill the sculpture's chest cavity, while the remainder were mashed and moulded to a steel frame.

The new sculpture has made its debut this weekend in the atrium of the Museum of Liverpool where it will remain on show until January, 2015.

The song, Eleanor Rigby, was included in The Beatles' 1966 album, Revolver, and was also released as a single.

Paul McCartney said he got the name "Eleanor Rigby" by combining the name Eleanor from an actress of that name who appeared in a Beatles film [url=http://www.cheapairmax270shoes.com/nike-air-max-270-womens.html]cheap nike air max 270 womens[/url] , with the name of a company he spotted by chance, Rigby and Evens -- hence Eleanor Rigby.

Beatles' fans prefer the more interesting version that the song was inspired by a tombstone bearing the name Eleanor Rigby, standing in a graveyard just yards from where McCartney was first introduced to the Beatles' lead singer, John Lennon in 1957. The tombstone of Eleanor Rigby remains a 'must' on Beatle tours around Liverpool.

WHEN Zhang Jiangli quit his high-profile job as a senior executive with a top multinational company to turn entrepreneur four years ago, he had little inkling of the kind of obstacles he was likely to face with his startup.

“Entrepreneurial companies need multiple rounds of financing. We lack collaterals while our business cycle of developing calls for flexible financial services. It sets us apart from the traditional companies and banks are hesitant when we approach them for loans,” Zhang said.

Zhang, along with four good friends [url=http://www.cheapairmax270shoes.com/nike-air-max-270-mens.html]cheap air max 270 mens[/url] , cofounded Singlera Genomics Inc, a bio-tech company based in California and Shanghai, in 2014.

Singlera Genomics is into precision medicine, focusing on non-invasive genetic testing for early, accurate and informative diagnoses. With cutting-edge proprietary technologies, it has been a darling of the venture capitalists.

“We wanted to transform our fruitful scientific research and achievements into practical technology and deliver tangible benefits to my country and my people,” said Zhang [url=http://www.cheapairmax270shoes.com/nike-air-max-270-mens.html]cheap nike air max 270 mens[/url] , the co-founder and CEO of this fast-growing company.

Earlier this year, Zhang’s startup was extended a 60-million-yuan (US$9.02 million) line of unsecured and guarantee-free credit from Shanghai HuaRui Bank.

The bank, the first local private lender which was set up in 2015, has been exploring the segmented markets to serve the small and micro startup companies that have long struggled to raise money from the industry and financial institutions.

Startup companies, especially those in the biomedical, science and technology sector tend to depend more on equity financing, as the research and development of new technologies and products involves considerable capital investment and are prone to risks [url=http://www.cheapairmax270shoes.com/]www.cheapairmax270shoes.com[/url] , forcing traditional credit bodies to step back.

While previously big lenders were hesitant to extend credit to startups, landing them into the arms of venture capitalists, there has now been a substantial shift in policy thinking among the bankers.

Commercial banks in China are feeling the squeeze in profit margins as interest rates begin to bite, inviting them to transform their business structure.

“There is fierce competition for large and high-quality clients, pushing the traditional market players to seek out small- and micro-companies,” Chen Zhong of Cowin Venture, a Chinese angle investor [url=http://www.cheapairmax270shoes.com/]cheap nike air max 270 online[/url] , told Shanghai Daily.

Innovation-driven economy

Moreover, as China strives to become an innovation-driven economy, banks are encouraged to support technology-based small-and-medium enterprises.

In April 2016, ten banks were selected for a pilot program on technology startups as per a guideline issued by the China Banking Regulatory Commission, the Ministry of Science and Technology and the People’s Bank of China.

Three banks from Shanghai, namely the SPD Silicon Valley Bank (SSVB), Bank of Shanghai and Shanghai HuaRui Bank were invited for the trial on investment-loan linkage mechanism.

Under the investment-loan linkage deal [url=http://www.cheapairmax270shoes.com/]cheap nike air max 270 shoes[/url] , banks can now provide financial services to technology and innovative companies in the early stages by making both lending and equity investments.

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