The strategic guiding role of national development plannin

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.

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f rice and fertilizer futures, guiding more compan

anies and fund managers entering the market, and assisting in formulating the Futures Law.

“As prices of bulk commodities fluctuated frequently and shar

ply in recent years, the real economy has a huge demand for risk management,” Lu said, str

essing the importance of accelerating the development of the futures market amid uncertainties.

China stepped up efforts to open up the commodity futures mar

ket last year, making three futures contracts available to f

oreign investors so far, including crude oil, iron ore and purified ter

ephthalic acid (PTA), a raw material for making plastics.

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Market-oriented reform and opening-up will improve pr

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.

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The IMF research, citing official data, found that the

 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.

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Horticultural exhibits delve into high-tech magic

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.

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Wang Bo, executive director of the Advanced Resea

rch Institute of Multidisciplinary Science at the Beijing Institute of Technology, was a winner of the Beiji

ng May Fourth Youth Medal, an honor awarded to outstanding young people from all walks of life in the capital.

“As a researcher and an educator, I will focus on combining the pursuit

of science with the country’s interests and people’s needs and try to make greater ach

ievements in the teaching and research of environmental protection and green energy,” Wang said.

Yan Xiaojun, Party secretary of the School of Energy and Power Engineering at Beih

ang University, said Xi’s speech has provided a direction to help young people grow.

“We should trust young teachers, help them develop, and support them to g

row up as a major force for the development of China’s aerospace industry,” he said.

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And, despite ongoing tensions, the total value of impo

orts and exports rebounded sharply in March, reaching 9.6 percent higher than March 2018. S

o, overall trade grew by 3.7 percent year-on-year in the quarter despite low growth rates in January and Febru

ary. Exports of electrical and mechanical products, which are higher value added, grew by 5.4 percent in the qua

rter. And, private sector trade grew 9.9 percent, far more than the overall growth rate.

I am worried to see that total investment in real estate grew by 11.8 per

cent year-on-year. Having lived through the 2008 finan

cial crisis in the United States, I’m wary of continued high investment in real estate in a time when property prices are al

ready astonishingly high and China’s living space per person has already surpassed that in Europe.

The bottom line is that fiscal and monetary policies combined with policies to promote structural transformation have

achieved a stable macroeconomic situation and steady movement toward supply side upgrading.

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Country’s 1st space station to be shared a full-size m

China’s plan to involve international communities in its space mis

sions to jointly conduct space research shows its determination to further enhance global coop

eration in space projects, according to the director of the United Nations Office for Outer Space Affairs. That incl

udes opening up its planned space station to other countries, especially developing countries.

China’s space station, which is expected to be completed and operating by 2022, will be the world’s first space station open

for cooperation with all UN member states in manned space flights and exploration. The station will be able to sup

port research on astronomy, space life sciences, biotechnology, microgravity fundamental physics and space materials science.

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Azerbaijan sent a delegation to the first China Intern

ational Import Expo in Shanghai last November. “This kind of expo is extrem

ely important, and provides a chance for Azerbaijan to reach out to the Chinese ma

rket and establish contact with Chinese companies,” Hajiyev said, adding last year’s event was extremely helpf

ul to Azerbaijan and helped traders to understand the requirements and demands of the Chinese market.

Almost 50 percent of China’s trade with the Caucasus region are from

Azerbaijan, and Azerbaijan has invested $1.7 billion in Chinese securities. Current trade volu

me between China and Azerbaijan is above $1.5 billion, and Hajiyev believes there is sti

ll more to do to promote bilateral trade, as the two countries have very good relations.

Companies from the two countries are engaged in projects for the

petrochemical industry, and the two countries can touch upon o

ther strategic areas such as energy and communication, the foreign affairs head added.

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We are very proud to have the opportunity to be with

 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.

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