Month: March 2019

The country will further open up its financial sector and

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accelerate the process to fully lower the market access threshold for foreign investments in

banking, securities and insurance, the premier said. Service sectors, including medical care and educ

ation, will be opened up along with transportation, infrastructure and energy, he said.

Li said China will further make it easier for foreign companies to set up a venture capital presence and will improve regulati

ons on foreign investors’ strategic investments in listed companies and their mergers with and acquisitions of domestic enterprises.

Also, preferential policies for investments from Hong Kong, Macao and Taiwan w

ill remain unchanged, and greater development opportunities will be offered for them, Li said.

Wang Huiyao, president of the Center for China and Globalizaton, said he was impressed by Li’s speech to cl

ean up rules and regulations inconsistent with the Foreign Investment Law as well as to launch a more streamlined negative list.

“It shows China’s attitude of further opening-up, which is a higher-level and more concrete commitment of China,” he said.

Leif Johansson, chairman of global biopharmaceutical giant AstraZeneca, said

Li’s speech reflects the determination to create a more open, fair and transpare

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But some were unmoved and the Northern Irish party cruc

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rucial to getting the agreement through said it would reject the deal again.

Britain was supposed to leave the bloc on Friday but Brussels agreed last week to put back the

divorce date until April 12 to give it a chance to resolve a three-year crisis that has split the country down the middle.

However, it still remains uncertain how, when or even whether the United Kingdom, the wo

rld’s fifth-biggest economy, will leave the EU. The possibilities that it will leave with no deal to so

ften the shock to its economy, or delay the departure date to hold a general election, have increased as other options fade.

While May’s deal continued to stumble, an attempt by parliament to take control of the proc

ess by holding a series of indicative votes on other options produced no immediate way through the impasse.

None of the proposals, many of which involved closer alignmen

t with the EU than May envisages, won the support of a majority of lawmakers.

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Chinese President Xi Jinping’s first overseas visit in 2019

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  levated China’s ties with Italy, Monaco and France to a new level, and injected new impetus into China-Europe compreh

ensive strategic partnership, Chinese State Councilor and Foreign Minister Wang Yi has said.

  When the world is undergoing profound changes unseen in a century, Xi’s Europe tour, hailed b

y the international community, is dedicated to deepening partnership for cooperation, improving global governance, and uphol

ding multilateralism, which shows China’s sense of responsibility as a major country, Wang said.

  In six days, the Chinese president attended over 40 events during his visit to five cities including Rome, Palermo, Monaco, Nice a

nd Paris, Wang noted, adding that it is a trip of friendship, cooperation and exploration that has delivered fruitful results.

  FRIENDSHIP & MUTUAL BENEFIT

  This year marks the 15th anniversary of the China-Italy comprehensive strategic

partnership, and next year will witness the 50th anniversary of China-Italy diplomatic relations.

  At meetings with Italian President Sergio Mattarella and Prime Minister Giuseppe Conte, Xi agreed with them to further i

ntensify high-level exchanges, consolidate political mutual trust, and elevate bilateral relations, Wang said.

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After 10 years of development, China’s new energy veh

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cles are starting to gain momentum in the private market. With the overall vehicle market remaini

ng flat, sales of new energy vehicles last year reached 1.25 million, up 61.7 percent year-on-year, and

the figure is expected to reach 1.6 million this year according to the China Association of Automobile Manufacturers.

China plans to stop subsidies on new energy cars by the end of 2020. To ensure a smooth transi

tion, the government decides to achieve this goal by enacting policy in several phases. This year’s subs

idy standard was slashed 50 percent on average from 2018, Xinhua reported, citing a person with knowledge of the matter.

The source said the proportion cut is basically consistent with falling ratios of general cost for co

mplete vehicles, while pointing out with the rapid expansion of the NEV industry some enterprises tend

ed to become reliant on long-standing subsidies, leading to weak competitiveness.

The statement also asked local governments to remove subsidies on purchases o

f new energy cars after a three-month grace period starting Tuesday. Instead, more funds will be used

to build infrastructure, including charging and hydrogen refueling facilities, and to facilitate relevant services.

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She said she hoped to hold a third vote on the agreement l

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later this week and was working to build support for the deal, which sets out the terms of withdrawing from the EU and the outline of future relations with the bloc.

May warned opponents that continuing to reject the deal could lead to a “slow Brexit” that postpones the country’s departure indefinitely.

With the March 29 Brexit day set almost two years ago days away and the withdr

awaal agreement lacking Parliament’s approval, European leaders agreed to a postponement last week to avoid a ch

aotic cliff-edge departure that would be disruptive for the world’s biggest trading bloc and deeply damaging for Britain.

However, the EU granted a shorter delay than May sought. It said if Parliament approves

the proposed divorce deal, the UK would leave the EU on May 22. If not, the government has until April 12 to tell the

27 remaining EU countries what it plans to do – leave without a deal, cancel Brexit or chart a path to a new option.

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It is not the first time in our European history to have suc

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 such an attitude. Any nation with very strong and rapid growth is always in a very difficu

lt position in public opinion because we are afraid about the strength of others,” he said.

“For example, we were afraid of cultural pressure from the United States in the 1960s, and 20 ye

ars later, we had the same feelings against Japan with its technological projects. Now, China is bac

k around the table of big nations. I think we have to accept that and not be afraid, but to discuss.”

Raffarin said the two countries are expected to close contracts and announce new projects. He also

said the dialogue between France and China could be very useful in forming a new vision for multilateralism in a changing world.

In addition to strong existing collaboration between France and China, including in the automotive, aviation and healthcare sectors, Raffarin said the most

important thing for the future of Sino-French relations is to identify third-country projects, such as the Hinkley Point C nu

clear power plant in the United Kingdom, which is jointly financed by China and France, as well as opportunities in Africa.

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We will step up efforts to expand cooperation with sho

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video platforms such as Kuaishou, Bilibili, Douyin and Huoshan, to obtain more data flows and encourage brands and buyers to do more live broadcasts,” Zeng said.

It also plans to tap into the social e-commerce sector, which is currently in its testing phase.

Experts say the livestreaming explosion is boosting China’s e-commerce sector. The new

format could display the commodities in more dimensions and increase users’ trust.

Cao Lei, director of China E-Commerce Research Center, said this method could attract consume

rs’ attention quickly and accurately as most of the livestreaming users are post-90s generation who are accusto

med to shopping online, as well as help online retailers to gain data flows and create a “real” shopping scenario.

“Immediate feedbacks could be given to merchants based on users’ instructions. Through their

mobile phones, consumers are able to talk with overseas buyers, which will greatly enhance users’ trust on the platform.”

China’s cross-border e-commerce sector has been growing rapid

ly over the past few years, owing to a rapid growth in the nation’s middle and high-income shoppers.

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But by allowing Tsai Ing-wen, the island’s “pro-independe

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ence” leader, to stop over in Hawaii on her way back to the island after an eight-day tour of thr

ee Pacific island nations this week, Washington is breaching all established protocols and violating the 1979

Joint Communiqué. Beijing lodged “stern representations” with Washington on Thursday against Tsai’s transit in Hawaii.

“We have consistently and resolutely opposed the United States or other countries which

have diplomatic relations with China arranging this kind of transit,” Foreign Ministry spokesman Ge

ng Shuang said in Beijing. Beijing has urged Washington not to send “Taiwan independence forces any wrong signal”, Geng said.

The method behind fluctuating policy of US

When the US intends to maintain good relations with the mainland, it significantly reduces the

use of or even refrains from mentioning the Taiwan Relations Act. But when Washington wants to put pressure on Beijing to fina

lize a deal or sign a trade agreement in its favor, it promptly resorts to using the Act. At times, even the island’s a

uthorities stir up trouble, prompting the US to use the Act to try and browbeat or incite the mainland.

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“If Thailand had not missed several good opportunities, the

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 Chinese squad would be in an even more embarrassing position.

“Chinese soccer is no longer among the best in Asia … for a long time now, we have been in the sec

ond tier. Although we call our league the Chinese Super League, the word ‘super’ only exists in the name.”

Retired Chinese international Li Yi, who helped Shenzhen win the 2004 CSL title, also expressed his concern online.

“The current Thailand national team players are all in their prime, and they will be strong opponents for Team China for the next few years,” said Li.

“Now the old generation of Chinese players is retiring, but the young guns still cannot

shoulder the responsibility. The qualifying games for the next World Cup are coming. We must try harder!”

Fans have now seen the home side lose its opening game of the China Cup in three c

onsecutive years-2-0 to Iceland at the inaugural edition in 2017, and 6-0 to Wales last year.

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Most Chinese and Myanmar students are Dai people and som

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of them are relatives, so the close ties between them are not broken by national borders. What th

e school has been doing is to further strengthen the special bond between the two peoples,” he said.

The school has preschool classes and first through third grades and all classes are taught in Chinese, Dai dialect and Burm

ese, Sun said, adding that students can take advantage of free tuition and nutritious breakfasts.

Jie En, 11, a Myanmar student at the school, said, “The teachers do not

treat us differently because we come from a different country, and people cannot tell wh

ether we are from China or Myanmar because we can also speak fluent Chinese.”

Myanmar students only need to show proof of identification and a b

irth certificate to register at the school and are allowed four entries into China a day, he said.

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