ed it from repaying investors’ principal and interest. La

September, 53 people in the company were transferred for examination and prosecution.u’an, a county in

China’s Hebei province, 50 kilometers away from Beijing’s Tiananmen Square, is looking to build an innovation-driven coun

Emerging fields including online lending, investment, pension services, consumer reb

ates, financial mutual aid and virtual currencies have become “disaster areas” for economic crimes, said Gao.

Since the collapse of P2P online lending platforms beginning last Jun

e, public security authorities have investigated and handled more than 400 illegal fun

draising platforms and arrested more than 60 fugitives from 16 countries and regions.

“To grab excessive profits, the criminals keep changing and upgrading their criminal

methods, which are usually strongly deceptive,” he said. “Investors should be very cautious.”

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China has to walk a fine balance between local govern

nment debt management and stable economic growth, especially at a time when trade te

nsions with the United States have imposed more downward pressure, said economists.

More financial resources and investors will be involved in the debt resolution process, said Qiao Baoyun, head of the Acad

emy of Public Finance and Public Policy at the Central University of Finance and Economics.

The last round of local government debt swaps started in 2015 and ended in August 2018, w

hich saw 14.34 trillion yuan ($2.08 trillion) of local government debt being swapped into bonds.

Local governments are set to face more debt burden in the next three ye

ars, as many of the previously issued bonds are set to expire, income from land sales has

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Roads and buildings were illuminated Tuesday evening befor

I hope all Asian countries will respect and trust each other, co-exist in harmony, expand cross-border, cross-time-and-space as well as cross-civ

ilization exchanges, and jointly maintain the peaceful time that is more valuable than gold.

Asian people expect Asia of common prosperity

I hope all Asian countries will jointly promote economic globalization that is open, inclusiv

e, balanced, and beneficial to all, and work together to eliminate poverty and backwardness in some countries.

Asian people expect open, integrated Asia

Civilizations will lose vitality if countries go back to isolation and cut themselves off from the rest of the world.

Mutual respect, equal treatment among civilizations stressed

It is foolish to believe that one’s race and civilization are superior to

others, and it is disastrous to willfully reshape or even replace other civilizations.

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Perhaps most notably, the growth rate of women workers wa

s higher than men in new media operators and data analysts among the five professions, illustrating that burgeoning career opportunities and skill requ

irements are presenting an unprecedented advantage for women. That’s a change from the past, when women

normally had more household duties, especially in the era of universal two-child policy, he said.

Lu also said that the number of people engaged in human-centered job positions was growing faster than other rules.

“It implied that jobs requiring insights into people’s preferences and habits, such a

s marketing and human resources, are irreplaceable by machine intelligence so far,” Lu said.

A survey jointly conducted by research firm Trustdata and LinkedIn in April found career starters w

ere establishing their career goals earlier than past generations, exhibiting a stronger self-driven momentum.

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Trade agreements can affect the types of goods being

traded and they can redirect trade toward one country, away

from others. They cannot directly affect any country’s worldwide current account balance. A count

ry that saves less than it invests will have to borrow foreign funds to import foreign goods to make up that difference.

There are two ways to reduce the US trade deficit. A serious recession would reduce investme

nt, but nobody advocates that as a strategy. The only other path is to change the US financial and gove

rnment system to encourage increased savings. China has almost nothing to do with it.

Ironically, the disputes between the US and China center around both nations’ legitimate desires to

protect some current low-skilled jobs, or at least to allow an easier transition to new jobs and industries.

US administration’s economic policy has rightly focused on the need to

retain jobs for working-class people in the US. And, China’s companies that export to the U

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The traditional family model of the man bringing hom

the bacon and the woman looking after the family doesn’t seem to have changed much eve

n today. As a result, Chinese mothers still shoulder most of the responsibilities of raising kids.

In the absence of fathers, mothers are more likely to pay greater attention to their kids and their

education. This could not only prevent the children from learning life skills, but also make them bur

dens for their mothers. And the greater the burden they become, the more their mothers would be stressed out.

Yet such anxiety could be easily shared by, if not transferred to, other family members. A highly emotional yet anxious moth

er is more likely to make a wrong decision about her child’s education, which in turn could have a negative imp

act not only on the child’s healthy growth but also the health of the mother and the husband-wife relationship.

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Different from 3G and 4G technologies, 5G technolo

 will impact various industries and stimulate the emergence of many new products, services and industries.

China Daily’s app was named the “Highly Commended” news app of the year at the newsawards 2019 in London on Wednesday.

The result was announced at the gala dinner held at the Royal Lancaster London. Ch

ina Daily beat two other nominees – The Independent and the Belfast Telegraph – to win the honor.

The China Daily app offers “a powerful mix of technology and innovation, with great clarity on audience needs,” said the judges.

The automotive sector will most likely be one of the first industries to rely

on 5G, connecting vehicles to other vehicles, roadsides, traffic lights, buildings and the inter

net to process data across cars or in the cloud, according to the report.

As 5G technology has integrated various industries and technologies, the number of 5G Stand

ards-Essential Patents applications surged to more than 60,000 globally by the end of April, the report said.

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He underlined the importance of properly mitigating

various social conflicts, and said efforts must be made to address legitimate and lawful concerns to safeguard public int

erests, and also guide the public in voicing their concerns in a law-based manner to maintain social order.

Strong pressure must be maintained to crack down on crimes such as organized gang activity, violent and terroristic cri

mes, as well as those related to fraud, robbery, food and drug safety, and environmental protection, Xi said.

Calling social fairness and justice a lifeline for judicial and law enforcement work, Xi called for improving the mec

hanism of the use of power in law enforcement as well as the supervision over such powers.

Efforts should be made to help the public feel fairness and justice in every case, Xi said.

He also urged public security staff to improve their work so that human rights can be guarant

eed while crime is fought, and fairness can be ensured while efficiency of law enforcement is pursued.

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Opening up of film market leads to vibrancy

the 22nd film of Marvel Cinematic Universe, has made more than $2 billion globally wit

h over $576 million, nearly a third of the total, being contributed by the Chinese market.

The percentage of Hollywood films contributing to China’s box office has witnessed a gradual decline in recent years

thanks to the rise of successful Chinese films including The Wandering Earth and Dying to Survive.

Due to its explosive growth in third-and fourth-tier cities, the Chinese movie market is certainly poised to become the larg

est in the world in the not too distant future. Last year, China’s total box office exceeded 60 billion yuan ($8.9 billion), gra

dually closing the gap with the United States whose box office was about $11.6 billion. China has become such a form

idable force in the global film industry that international film producers cannot afford to overlook it.

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teps aimed at helping further develop countryside opt

hina will undertake key measures to further integrate the country’s rural and urban areas

and encourage the transfer and free flow of people and resources throughout the nation.

Measures include relaxing hukou (household registration) barri

ers, reforming zoning regulations for rural and residential land, marketing collective land

in rural areas for development purposes and increasing infrastructure spending in the countryside.

Experts said the new plan, announced by the Communist Party of China Ce

ntral Committee and the State Council late on Sunday, is aimed at helping realize steady progr

ess in rural revitalization, driving up the process of urbanization and further boosting the economy.

China has a three-step plan. First, it will initially build a framework an

d mechanism for integrated development of urban and rural areas, and gradually rem

ove limits on hukou registration in cities by 2022. Second, it will bring about an improved framewo

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