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multilateral trade agreements, saying that Chinese people value a promise as much as tons of gold.
China pays close attention to building a law-based government, abolishing improper r
ules, subsidies and activities that undermine fair competition and treating all enterprises equally, Xi said.
The president highlighted building infrastructure of high quality, sustain
ability, risk resilience, reasonable pricing, inclusiveness and accessibility under the Belt and Road Initiative.
Infrastructure is a bottleneck in the development of many nations
, Xi said, and building infrastructure can help countries give full play to their ad
vantages in resources and better integrate into the global supply, industry and value chains.
Xi called on countries to uphold multilateralism, promote green devel
opment and fight corruption with zero tolerance in the process of building the Belt and Road.
versity of St. Thomas in Houston, Texas, in the United States, said Xi
wants to convey a specific message: that China sees the BRI as a method by which it can make
a substantial and permanent contribution to lasting peace, common security and global prosperity.
“While some Westerners may scoff at the impact they think the BRI m
ay have on these issues, Xi genuinely sees the BRI as a global development project and will cont
inue to wholeheartedly put China’s money, resources and energies into this project,” he said.
Chen Weihua in Brussels, Bo Leung in London, Zhao Huanxin in Washington, Edith Muteth
ya in Nairobi and Chen Yingqun in Beijing contributed to this story.The profits of China’s major indu
strial firms surged by 13.9 percent in March, a drastic rebound compared to the 14-percent decline in January-Febru
ary period, official data from the National Bureau of Statistics (NBS) showed Saturday.
portunities for all UN member states to propose experiments they want to conduct using China’s space station,” said Simone
tta Di Pippo, director of the UNOOSA. “We have received more than 40 proposals before the deadline for sub
mission. We will announce the winners probably by the end of June after evaluation.” Di Pippo said these on the sideli
nes of the fourth China Space Day on April 24 to mark the anniversary of the country’s first satellite launch in 1970.
Moreover, Pakistan intends to send one of their astronauts to China’s space station by 2022, A
mer Nadeem, chairman of Space and Upper Atmosphere Research Commission in Pakistan, said after
the opening ceremony of China Space Day in Changsha, Hunan province, on Wednesday.
“Hopefully, the agreement on the matter will be signed very soon. We will select the candidates based on the agreement. Also, they
will come to China for some parts of the training,” Nadeem said. He added that Pakistan and China will furth
er enhance cooperation on several space projects focusing on satellite networks in future.
ancing needs, sustainable development and debt sustainability, according to Finance Minister Liu Kun.
“We will build a high-standard and high-quality financing system to s
upport long-term and sustainable BRI investment while preventing debt risks,” Liu said.
He suggested promoting financing cooperation for projects in
third-party countries, equity investment and attracting more private funding.
Enhancing debt and risk management is a key consideration for deepening BRI financi
ng cooperation, said Yi Gang, governor of the People’s Bank of China, the central bank.
“The debt issue in developing countries should be treated objective
ly. If debt growth is accompanied by infrastructure improvement, enhancement of people’s liveliho
ods and productivity and poverty reduction, it will be beneficial for the sustainability of long-term debt,” Yi said.