And given that the other major economies are using fre

e trade zones上海千花网品茶微信j as a strategic means to play geopolitical and geo-economic games, China should accelerate the b

uilding of free trade zones with other countries under the bilateral or multilateral investment ag

reement framework for a diametrically opposite purpose: boosting global economic cooperation.

The focus of international trade policy has shifted from tariffs and licensing to convenient inves

tment and trade facilitation policies, and creating of a business-friendly climate. So while ope

ning up the domestic market and helping improve the utilization of foreign capital, China should also work out de

tailed rules on the foreign investment law, take steps to remove the obstacles to outbound Chinese investments, promote th

e free flow of global and domestic production factors, and expand its economic development space.

Important to reform global governance system

To stabilize the economy and prevent risks, China should seek more govern

ment-funded infrastructure investment projects in fields such as 5G networks, intellig

www.hebeishengxin.cn

Students to be vital cogs in travel sectordents born betwe

College students born between 1995 and 2000 are becoming a vital new part of the dynamic travel market in China, with most of th

e young students making their first summer trips after enrolling in colleges, a new study said.

Though the motivation for making tours is relatively high among college students, their choices are

limited due to economic constraints with price being the major criteria for booking flight tickets, said the stud

y conducted by Qunar, an online travel firm owned by Ctrip, China’s largest online travel agency.

During summer vacations, students tend to choose flights that depart b

tween midnight and 2 am, as well as between 5 am and 9 am. The number of bookings of red-e

ye and budget flights is nearly three times higher than other regular flights, the Qunar study said.

sjhtjn.cn

Moreover, it will be tasked with conducting real-time

 monitoring on high-risk pathogenic fungi and outbreaks of fungal diseases, issuing early

warning and taking measures to prevent and control major infections, the commission added.

Once high-risk pathogens, multidrug-resistant or pandrug-resi

stant “superfungi” are detected in routine tests,

relevant information shall be reported to the network in real time, the commission said.

Beijing authorities have continued efforts to plant trees to improve the eco-system in the capital city.

According to the municipal forestation bureau, so far, 7.2 million trees have been planted

over an area of 11,867 hectares, completing 77 percent of the forestation plan for the whole year.

jvuau.cn

Nearly three years after the United Kingdom voted by per

rcent to 48 percent to leave the EU, it remains a member and its politicians are still argui

ng over how, when or even whether the country will leave the club it joined in 1973.

May quit on Friday, saying it was a matter of deep regret that she had been unable to deliver Brexit and

arguing that the decision of the 2016 referendum should be honoured. That opened up a period of furt

her uncertainty as the Conservatives decide on who will take over as party leader and prime minister.

BBC projections put the Conservatives on around 10 to 12 percent, down fr

om 23 percent in 2014, likely to be one of the party’s worst results in a nationwide election ever.

The Brexit Party was in first place, and was likely to do better than

the UK Independence Party did in 2014, according to BBC projections.

ax153.cn

Even before the ruling, scholars had said Trump’s legal ar

Degree holders turn their backs on mega cities for better lifestyle choices

The population of college graduates is projected to reach a record high this year, turning an

already tough job market into a pressure cooker and intensifying the scramble for talent nationwide.

To many new graduates, mega cities such as Beijing, Shanghai and Guangzhou, Guangdong province, are less attractive beca

use of their high cost of living and greater peer pressure in the job market. And so the graduates are looking elsewhere.

The trend is changing the employment landscape in China, but it’s good news for sec

ond- and third-tier cities. The mega cities’ loss could be their gain in the brain drain game.

Continue reading

The move followed a State Council decision in April to es

tablish a policy framework for applying a fairly low RRR for small and medium-

sized banks in a bid to lower financing costs for MSEs.

Home prices in 70 major Chinese cities continued to stabilize despite slight increases in April, official data showed Thursday.

New home prices in four first-tier cities — Beijing, Shanghai, Shenzhen and Guangzhou — increased 0.6 percent month

on month in April, up from the 0.2-percent increase in March, said the National Bureau of Statistics (NBS) in a statement.

New home prices climbed 0.8 percent in 31 second-tier cities, and rose 0.5 percent in 35 third-tier cities.

As for resold homes, prices in the four first-tier cities reported a 0.4-percent growth mo

nth on month, while those in 31 second-tier cities went up 0.6 percent, narrowing from the 1.2-percent increase in March.

qiancengdian.cn

While early-stage Uber investors such as Benchmark, Men

 Ventures, First Round Capital and Lowercase Capital made a killing in the IPO, some late-stage backers did not fare as well.

Japan’s SoftBank Group Corp <9984.T >, for example, invested in Uber in early 2018 at $48.

77 per share. It also bought shares at a much lower price in a large secondary transaction.

To be sure, other IPOs have traded well so far in 2019, including online scrapbook company Pinterest Inc, vegan burger

maker Beyond Meat Inc and video-conferencing startup Zoom Video Communications Inc. But these were mu

ch smaller startups than Uber that did not execute as many frothy fundraising rounds.

Uber Chief Executive Dara Khosrowshahi, who was on the NYSE trading floor to mark the debut, tried to cal

m investors by pointing to the company’s growth prospects and expansion plans.

www.zhongqianxue.cn

Balancing growth with structural reformting perform

After a disappointing performance in 2018, China’s economy appears to be stabiliz

ing. In the first quarter of 2019, GDP growth, at 6.4 percent year-on-year, matched that of the previous quarter. But grow

th in industrial production exceeded expectations, expanding by 6.5 percent year-on-year (and by 8.5 percent in Mar

ch). Even exports growth was positive, albeit weak, despite the ongoing trade frictions with the United States.

Moreover, fixed-asset investment (FAI) grew by 6.3 percent-0.2 percentage points higher than in the previous quar

ter. Investment in real estate grew the fastest (11.8 percent), followed by manufacturing (4.6 percent) and in

frastructure (4.4 percent). The growth of investment both in real estate and infrastru

cture was stronger not only sequentially, but also year-on-year. As usual, consumption growth was stable.

www.weishow.com.cn

Faster checks for inbound pets in placegs, cats to got

No need for dogs, cats to go through quarantine if they meet set conditions

Pets owners no longer need to be separated from their beloved dogs or cats when they ar

rive in China from overseas if they meet certain conditions, under a regulation that took effect on May 1.

Dogs or cats with valid electronic chips arriving from 19 designated c

ountries or regions no longer have to undergo weeklong quarantines if they pass on-site inspe

ctions at ports of entry, according to the regulation released by the General Administration of Customs earlier this year.

The designated countries and regions are New Zealand, Australia, Fiji, French Polynesia, Hawaii and Guam of the Unite

d States, Jamaica, Iceland, the United Kingdom, Ireland, Liechtenstein, Cyprus, Portugal, Sweden, Switzerland, J

apan and Singapore, as well as China’s Hong Kong and Macao special administrative regions.

www.youyouxinglv.cn

Firefighter and ambulances have arrived at the scene for

It was reported that the fire could be caused by lightening strike.

Moscow’s transport prosecution office is investigating into the incident and it will check i

f there were violations of the flight safety legislation, according to Sputnik news agency.

Sarah Daley, a student at the University of Virginia, has deep connectio

ns with China. She spent the summer of 2018 teach

ing English in Hebei province and has a younger sister who was adopted from China in 2009. Both experiences left

her with positive impressions of Chinese people and long-lasting friendships.

Those connections led to Daley being honored by the Chinese embassy

in the United States during an award ceremony in Washington on Saturday, after she sha

red her stories with the world through an event hosted by the embassy and China Daily.

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