China will further open the financial market to welcom

e more overseas investors in. The cross-border trade and investment will be more free and convenient, said Pan.

He called China’s economy stable, as the major economic indicators were within a reasonable range.

In April, the National Bureau of Statistics said the purchasing ma

nagers’ index for the manufacturing sector stood at 50.1, indicating expansion as the reading was above 50.

The broad money supply, or M2, increased 8.5 percent year-on-year by the end of April, compared with 8.3 percent a year earlier.

“The prudential monetary policy was focused on countercyclical adjustments this year, maintaining flexibility as well as

ample liquidity to promote fast growth of credit and strengthened support of private and small enterprises,” Pan added.

hebeishengxin.cn

The ministry also released several typical cases that we

n April 2018, Shanghai police arrested eight people from Shanlin (Shanghai) Financial In

formation Service Co, which was involved in illegal fundraising of more than 60 billion yuan.

The company, with a registered capital of 1.2 billion yuan, adopted a physical store and online ma

rketing to take public deposits. From October 2013, the company opened over 1,000 physical stores

across the nation and trained its employees to sell financial products through advertising and telemarketing wit

h the promise of high interest. In 2015, the company opened online financing platforms to raise money.

The company’s claimed investment projects were found to have no profit

ability, resulting in a huge capital gap that prevented it from repaying investors’ principal and interest. Last

www.clevru.cn

School students and adult visitors learn about making pri

nts and carving stamp seals and learn about the appreciation of and technological metho

ds being used in the conservation of the age-old buildings at the Palace Museum, MayIn celebration of this

year’s International Museum Day, the Palace Museum in Beijing turned itself into a dynamic stage on Saturday an

d offered a variety of activities to echo this year’s theme, “Museums as Cultural Hubs: The Future of Tradition”.

Students and adult visitors were invited to the museum to learn about

making prints and carving stamp seals and to learn about the appreciation of and tec

hnological methods being used in the conservation of the age-old buildings at the Palace Museum.

The Chinese Musicians Association’s choir gave an outdoor performance. An exhibitio

n opened showing dozens of lithographs by artists from countries involved in the Belt and Road Initiative.

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Pei was born in Guangzhou and raised in Hong Kong and

anghai, before moving to the US in 1935. He studied at the Massachusetts Institute of Technology and Harvard’s design s

chool, and spent the early years of his career designing buildings for a real estate developer in New York.

Pei is known for his affection towards precise geometry and design details. He also ha

d a strong reverence for light, as shown in the famous pyramid of the Louvre Museum.

His significant works include the Jacob K Javits Convention Center in Manhattan (1979 to 1986), the Morto

n H Meyerson Symphony Center in Dallas (1982 to 1989), the Bank of China Tower in Hong K

ong (1982 to 1989), and the Museum of Islamic Art in Doha, Qatar (2003 to 2008).

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So far, more than 47,000 people have received skating and

skiing training and the number will continue to rise, with expectations of 70,000 enrolled by the end of this year, he added.

He also said Yanqing has built more ski runs over the last two years, based on seasonal features and site conditions.

Some important events and testing activities are expected to be he

ld in Yanqing – for example, the 14th National Winter Games Alpine skiing speed events in 2020.

Zheng, the deputy commissioner, said schools in Yanqing also created some outdoor ice rinks when winter weather cond

itions allowed, while in summer, manmade ice would be a good choice for campuses to open up skating practice.

Yanqing will put more effort into increasing the number of qua

lified winter sports instructors, improving school curriculum and hastening constr

uction of winter sports venues to add more flavor to the upcoming Winter Olympics in China, he said.

365zuchewang.cn

China announces new tariffs on US goodsday that it wil

China said late on Monday that it will increase tariffs on the bulk of $60 billion of US imports to three categories of rates between 10% and 25%.

For the rest of the $60 billion US imports, the duty rate will remains at 5 percent.

The tariffs will hit around 5,000 products and will take effect on June 1.

It is China’s latest response to the additional US tariffs on $200 billion of Chinese goods, which were implemented on Friday morning.

The move fully demonstrates Beijing’s firm determination to defend its due interest

s and legitimate rights in international trade and economic cooperation, according to analysts.

Guanxi, compadrazgo and bapakism. Three words from China, the Philip

pines and Indonesia that encapsulate the same values of the vast continent through the a

ges-a shared belief in the importance of the family and the community over the individual.

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A man giving his name as Million Zhao, who has nearly

 followers on Sina Weibo and works as a part-time commercial photogra

pher, said that virtually all his female clients ask him to alter their pictures digitally to mak

e them appear skinnier before they are posted online-even those who are already super-thin.

The 30-year-old also engages in “fat talk” with his fri

ends, and sometimes jokes about his rotund belly to his followers on Sina Weibo.

He said, “Different from women, guys my age or younger engage more in ‘mus

cle talk’ because they want to be bigger and stronger”, while many middle-aged men who h

ave gained weight get caught up in “fat talk”, as they “want to lose weight and be heathier rather than prettier.”

Denise Martz, a professor of psychology at Appalachian State University in

North Carolina, US, said, “Social media is giving women a false sense of how they usually look.

www.ever-spring.org

Uber has also weathered controversies including revelati

ions of a culture of sexism and bullying at Uber and US Department of Justice investigations. After a series of embarrassments, Kalanick was forced to res

ign in 2017 by a group of investors. Uber then hired Khosrowshahi to lead the company.

Uber has said it has the potential to grow not just in the cab hailing business, but also as a “sup

erapp” to provide logistic services, such as grocery and food delivery, organizing freight tra

nsportation, and even financial services, much like Grab, its Southeast Asian counterpart.

But market experts have struggled to find value in a company that has consistently posted los

ses, and warned that it may never be profitable. “The business is unprofitable, new entrants can enter the ma

rket, there is potential regulatory risk, and it is very price sensitive. What is there to like about this opportunity?” Ro

bert Johnson, professor of finance at Heider College of Business, Creighton University in Omaha, Nebraska said.

zhongqianxue.cn

hinese companies lead in global 5G patent applications with

Huawei ranking first, according to a report by IPlytics, an authorized patent data company.

Chinese companies topped the list for most 5G Standards-Essential Patents applications in communicat

ion systems by the end of April, accounting for 34 percent of the world’s total, The Paper reported Wednesday, citing the report.

Chinese tech giant Huawei has taken a leading role by owning 15 percent of Stan

dards-Essential Patents, according to the report Who Is Leading the 5G Patent Race?

5G SEPs are patents any company will have to use when implementing standar

dized 5G technology and no one can avoid them, giving them key value among all patents.

Three industrial leaders from China were included in the top 10 list of 5

G SEP family owners, with Huawei taking the crown, and ZET Corp and China Academy of

Telecommunications Technology grabbing fifth and ninth places, respectively.

yajkaz.cn

Officials urged to create safe, stable societyand

Xi underlines building professional forces at key meeting on public security

President Xi Jinping urged the nation’s public security forces to fulfill their responsibilities and missions in the new era to cr

eate a safe and stable social environment that enables people to feel an even stronger sense of security.

Xi, also general secretary of the Communist Party of China Cent

ral Committee and chairman of the Central Military Commission, made the remark at a t

wo-day national conference on public security work, which concluded in Beijing on Wednesday.

He called for building highly professional public security forces that are loyal to the Pa

rty, serve the people, promote impartiality in law enforcement and remain disciplined.

Under the new historical conditions, public security departments must

adhere to the overall national security outlook and a people-centered approach, Xi said.

suiyincoin.cn