ng should be leveraged to improve coordination mechanisms
for economic policies such as finance, currency, employment, industry, and regional develop
ment to ensure the nation’s economic development stays within a reasonable range, the statement said.
The meeting highlighted the importance of strengthening innovative cap
abilities as well as opening-up and cooperation in this regard, and called for improving the serv
ices and environment for opening-up and cooperation so that development is promoted through opening-up, inn
ovation is advanced through reforms and win-win results are achieved through cooperation, it said.
Tough and newly emerging problems should be resolved through deepening reforms, the state
ment said, adding that the capability of dealing with challenges and preventing risks should be intensified.
roductivity in the service sector, which is an important thing that China is focusing on to stabilize economic growth,” Zhu said.
Chen Yulu, a vice-governor of the PBOC, also supported a “full-scale” opening of the financial sector. In the future, foreign invest
ors are welcome to conduct all forms of financial business in China, excepting those being named on a neg
ative list, and authorities are researching a new regulatory system, Chen said at the forum on Saturday.
Li Daokui, director of the Academic Center for Chinese Economic Practice and Thinking at Tsing
hua University, said China “should be more confident” in accelerating opening-up of its financial sec
tor, which will help global investors seize numerous opportunities in the Chinese market.
Domestic financial institutions are now capable of engaging in fiercer competition with global peers as their serv
ice abilities in many aspects, such as banking and insurance, have improved a lot over the past years, Li said.
revenue collected by the US government through hefty tariffs on Chinese imports, has been paid almost entirely by US importers.
“Some of these tariffs have been passed on to US consumers, such as those on washing machines, wh
ile others have been absorbed by importing firms through lower profit margins,” the research said.
Any further increase in tariffs will likely be passed through to consumers, it said.
China and the US, the world’s two largest economies, have been embroi
led in a tit-for-tat trade confrontation over the past few months. Washington threatened to fur
ther escalate a tariff war and increased tensions by tightening restrictions on Chinese companies.
Earlier this month, the US raised tariffs on $200 billion of Chinese imports from 10 percent to 25 percent, and China took coun
termeasures. Then the US administration listed about $300 billion more of Chinese goods for possible tariff hikes.
The ongoing International Horticultural Exhibition 2019 in Beijing is all about gar
dening, but it doesn’t shy away from high technology that improves visitors’ experience.
To provide visitors with information services, ticket purchasing, parking, travel routes, introductions to scenic sp
ots, medical services, performance arrangements and traveling tips, a mobile phone app called Expo 2019 was developed.
It’s like having a tour guide at hand, said Guo Ziliang, an official at the Beijing World Horticultural Expo Coordination Bureau, the expo’s organizer.
“The app shows people how to conveniently and efficiently make their way through the park,” he said. “It also helps improve the park’s reception capacity.”
The 162-day expo, from April 29 to Oct 7, is expected to receive a total of 16 million visitors.
The app, available in bilingual versions-English and Chinese-can be downloaded for free from online app stores.
them for the past 20-odd years,” she said.Currently, the zoo is busy preparing for the pandas’
travel back to China and trying its best to make them feel comfortable during the trip, Thomas added.
Many zoo visitors lined up to say goodbye to the pandas, and wrote down their best wishes on cards
and posted them on a friendship wall set up in front of the panda exhibition halls.
The farewell celebration will run through April 27.
The San Diego Zoo is globally recognized and a San Diego ic
on by hosting more than 4 million guests each year.
Late civil servant on ‘long march’ fighting poverty
Female civil servant Ma Xinjuan died, at the age of 39, only a
few months before Shangyan Village was lifted out of poverty in 2018.
“She was like the peach blossoms,” said Ma Caiqin, a villager of Shangyan. Peach blossoms are common during spring scene
ry at this once impoverished village in northwest China’s Ningxia Hui autonomous region.
But when Ma Xinjuan, former Party secretary of Huangh
ua Township, first came to the village, she received antipathy from some villagers.