The 5.1 percentage point growth of leverage ratio is

s out of ou上海品茶微信女神会所r expectations, and it was maintained because of countercyclical policies,” said Zhang Xiaojing, a senior economist with the CASS.

But the deleveraging process should continue, and more measures will be introduced to ease the debt burden, especially

for the private sector, said Lian Weiliang, deputy head of the National Development and Reform Commission.

One of the key measures is to further promote the debt-to-equity s

wap program, to inject more social funds into indebted companies through holding the co

mpanies’ shares, the NDRC official said. “We will choose more qualified private companies to join this program.”

By the end of April, the total value of debt-to-equity swap reached 2.3 trillion yuan ($332.8

billion). More than 20 percent was for the centra上海品茶微信女神会所l State-owned enterprises, inclu

ding China Baowu Steel Group Co Ltd, State Power Investment Co Ltd, and China Shipbuilding Industry Corp, acc

ording to data from the State-owned Assets Supervision and Administration Commission.

www.pldyjo.cn

Responding to a question on China’s considerations behin

 behind sending Wei to this year’s Shangri-La Dialogue, Wu said that China chooses the head of its delegation in accordance with the situation.

He added that China and the United States are in active talks on whether Wei will meet Patrick M. Sha

nahan, acting US secretary of defense, during the event and information on that will be published later.

Wei has been in Singapore since Tuesday and has met with leaders of the Singaporea

n government as part of his visit to the Southeast Asian nation, Singapore media reported.

Zhao Xiaozhuo, a senior researcher of international military relatio

ns at the PLA Academy of Military Science, said that the attendance of Wei, as the second part

icipation of a Chinese defense minister to the Shangri-La Dialogue, shows that China plac

riuy8.cn

On behalf of our hundreds of millions of footwear cons

sumers and hundreds of thousands of employees, we ask that you im

mediately stop this action to increase their tax burden,” the group said.

The group’s reasoning echoes an earlier comment from David French,

senior vice-president for government relations at the Nat

ional Retail Federation, who said, “Saying that China is paying these tariffs doesn’t hold water.”

About 99 percent of all shoes sold in the US are imported. Last year alo

ne, it imported 2.5 billion pairs, nearly 70 percent of which came from China, ma

king the Asian country the largest source for US shoe imports, according to statistics provided by the FDRA.

tsinghuagxbedu.cn

All of the respondents said they wanted to install the app

pplication software platforms of the Fengyun satellites for weather forecasting, as well as climate and environment monitoring.

They also requested a range of services, especially in monitoring rainfall, droughts, dust stor

ms, heavy fog and lightning, in addition to training courses on Fengyun meteorological satellite data ana

lysis, remote-sensing applications and data collection.

Many countries along the Belt and Road have high mountains, deserts, oc

eans and a lack of accurate meteorological information. The number of me

teorological disasters in the regions is more than double the global average, the administration said.

Wei Caiying, deputy general-director of the National Satellite Meteorol

ogical Center, said that real-time disaster monitoring by meteorological satellites co

uld provide these countries with a scientific basis for disaster prevention and reduction.

www.settlementcloud.org

They will also increase the number of personnel exchan

anges to improve the experience and effectiveness of customs officers, Jin said.

China will continue to conduct joint law enforcement operations with other countries targeti

ng IPR violations, including Russia and the US. Customs officials of the EU, Japan and South Kore

a have responded positively to China’s proposal for law enforcement operations, he said.

“We have been encouraging domestic and overseas enterprises to conduct exchanges on t

echnology and protecting the lawful intellectual property rights of overseas enterprises in China,” Jin said. “We a

lso want other countries to intensify IPR protections for Chinese enterprises on their soil.”

Jin made the comments at a news conference organized by the State Council Infor

mation Office in Beijing for the release of an IPR protection report by the Chinese government.

www.chuangxiangjie.cn

hina’s growth a source of hope for allong proclaimi

With Chairman Mao Zedong proclaiming the founding of the People’s Republic of China on

Oct 1, 1949, the Chinese people began leaving behind a century of colonial humiliation and building a new life.

What remains poorly understood by the wider world even seven decades later is how dire were

the conditions in China during those days. While China sustained its triumph, Chinese people’s living stan

dard 70 years ago was barely 5 percent relative to their counterparts in the United States.

It was a dire starting point.

Transitions that raised China’s living standard

In the late 1970s, Deng Xiaoping introduced “reform and opening-up” policies

and established special economic zones, which ultimately facilitated China’s entry int

www.tcplea.cn

China welcomes financial institutions around the worl

 to participate in financing Belt and Road projects, Xi said, adding that multiple participants will bring common benefits.

Xi announced that China will support 5,000 people from innovative sectors in Belt and Road

countries in conducting exchanges, training programs and joint research in the next five years.

Xi called for joint efforts to facilitate trade and investment and oppose protectio

nism, saying that the flow of products, funds, technology and people can propel forces for economic growth.

According to Xi, more than 150 countries and internat

ional organizations have signed cooperation documents to jointly build the Belt and Road.

The BRI has opened new space for global economic growth and

built a new platform for international trade and investment, Xi said.

www.gzbbwhl.com

The book includes 42 articles drawn from speeches an

 public remarks made by Xi from September 2013 to July 2018.

Since Xi proposed the BRI in 2013, he has spoken about the initiative on many occasions.

The discourses have provided guidance for the country to develop international cooperation, i

mprove global economic governance and promote the building of a community with a shared future for mankind.

Russia – There is no alternative to the peaceful solution of nuclear and

other issues on the Korean Peninsula, Russian President Vladimir Putin said Thursday, follow

ing a meeting with top leader of the Democratic People’s Republic of Korea (DPRK) Kim Jong-un.

Russia, for its part, is ready to continue cooperation to reduce tensions on the peninsu

a, and to strengthen security in Northeast Asia as a whole, said Putin at a reception in honor of Kim.

Putin said he was convinced that with active participation of the international community and all inte

rested states, the goal of ensuring lasting peace, stability and prosperity on the Korean Peninsula can be achieved.

www.sh419es.com

A large number of Chinese cultural heritage sites are b

eing restored as well. We have no room for even the slightest error,” Song said.

Liu Qingzhu, a cultural heritage expert at the Chinese Academy of Social Sciences, said, “In anci

ent times, thunderstorms were the biggest threats for wooden architecture. They became much safer after l

ighting rods were widely installed. However, the use of electricity in restorations has created a new problem.”

Unlike the stone structures of much ancient architecture in the W

est, wood was the primary building material in ancient China. “If a fire similar to the one at Notre

Dame in Paris happened at a Chinese building, the whole building would probably burn down,” Liu said.

Hours after the fire in Paris, the Palace Museum in

Beijing, China’s former imperial palace from 1420 to 1911 and also known as the Forbidden City, held an eme

rgency meeting to go over its fire-prevention efforts. It is the world’s biggest architectural complex made of wood.

7893391.cn

AI major now available at universitiesigence-powered

Universities in China will welcome the first group o

f undergraduate students majoring in artificial intelligence in September.

According to a list issued by the Ministry of Education, 35 universities received approval to establish th

e four-year undergraduate AI-related majors amid the country’s drive to build a strong AI talent pool.

They include many prestigious universities such as Beijing Jiao

tong University, Beihang University, Nanjing University and Xi’an Jiaotong University.

Lin Youfang, vice-dean of the School of Computer and Information Technology at Beijing Jiaotong University, said the scho

ol plans to enroll about 30 undergraduate students majoring in AI in September.

There might be more students majoring in AI who transfer from other m

ajors through a selection process if the new major proves to be successful, he said.

www.prxffc.cn