Chinese firms ideal partners on Belt and Road Initiative

Firms from China and the UK are ideal partners in many countries along t

he Belt and Road Initiative, a China-Britain Business Council official said in Beijing.

“The UK has taken a very positive view on seizing these opportunit

ies for UK businesses, particularly our banks, our large consultancy firms and our infr

astructure companies,” said Jeff Astle, managing director of China operations at the council.

British expertise in areas of financial services, banking, legal services, consulting services around engineering pro

vides a broad range of opportunities for UK firms to collaborate with Chinese firms in other countries, Astle said.

“We benefit from many English legal jurisdictions in many

of these countries, the English language and our businesses have long history and experiences in these coun

tries. That means we are a great ideal partner for Chinese firms in many of these Belt and Road counties,” said Astle.

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The annual report estimates that total electricity cons

umption in 2019 is expected to grow 5.8 percent. Demand for coal is expected to hit 3.95 billion

tons, with the power sector still playing a significant role in the consumption of coal.

Consumption of oil is predicted to reach 620 million tons, up 1.6 percent year-on-year, while

the growth rate for natural gas consumption is expected to slow, with an annual consumption of 310 billi

on cubic meters in 2019, up 10.4 percent year-on-year, it said.The 2019 Beijing International Horticultural Ex

hibition (Expo 2019 Beijing) opens to visitors Monday, and will showcase a wide variety of flowers, fruits, vegetables and

herbs from across the world, including more than 300 rare and endangered plant species.

Nearly 20,000 volunteers across media, translation and giving directio

ns will work at the 162-day event, running April 29 – Oct 7. Click to watch their greetings in s

even languages: Chinese, English, Russian, French, German, Spanish and Japanese.

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Those involved in the BRI will strengthen synerg

y in development plans and initiatives of various countries and international organizations and in

tensify bilateral and the third-party market cooperation to help more countries raise their level of connectivity, Xi said.

He added that participants agreed that Belt and Road forums are an important platform for multilateral co

operation and should be held on a regular basis.

President calls for countries’ joint efforts in building Belt, Road in forum speech

President Xi Jinping pledged on Friday to take strong measures such as easing market

access for foreign capital and increasing imports to promote the higher-level opening-up of the country.

While delivering the keynote speech at the opening ceremony of the

Second Belt and Road Forum for International Cooperation in Beijing, Xi said that the p

urpose of building the Belt and Road is to achieve win-win cooperation and common development.

China will increase imports of goods and services on a larger scale, and it will further lower its tariff rates, Xi said.

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China to support 5,000 people for BRI innovation excha

China will support 5,000 people from innovation sector in Belt and Road countries i

n conducting exchanges, training programs and joint researches in the next five years.

Sustainable development under BRI stressed

China will work with other parties to promote a coalition of sustainab

le cities and an international coalition for green development under the Belt and Road Initiative.

China to invite 10,000 representatives of political parties, think tanks, NGOs from B&R countries

A total of 10,000 representatives of political parties, think ta

nks and non-governmental organizations from count

ries participating in the Belt and Road Initiative will be invited to China for exchanges in the next five years.

China to allow foreign businesses in more sectors with controlling or full stake

China will allow foreign investors to operate businesses in more sec

tors with controlling or full stake. China will roll out a new batch of pilot free trade zones.

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Last year, we issued an announcement offering op

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.

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Yi pledged to use more market-based commercial fund

 He also said improving transparency for projects’ financing is needed, especially for green

financing, and using local currencies in BRI investments to curb exchange rate risks. “The opening of local curr

ency-denominated bond markets will effectively attract long-term funds and reduce risks of currency mismatches,” he said.

Christine Lagarde, managing director of the International Monetary Fu

nd, said at the forum that China’s increased focus on the long-term success of BRI projects and the

BRI debt sustainability framework “are very welcome steps in the right direction”.

The further opening-up of China’s financial sector, such as the b

ond market, will enable diversification and foster renminbi internationalization, she said.

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The Belt and Road Initiative, which originated in C

 China but belongs to the world, has become an open and inclusive platform for international cooperation and a well-recog

nized global public good thanks to the concerted efforts of the parties involved, Xi said.

Calling think tanks significant forces for Belt and Road constructi

on, the president said developing think tank exchanges and cooperation helps deepen mu

tual trust, unite consensus and promote the BRI to achieve high-level development.

He expressed the hope that the think tank network would develop in-depth academic exchanges to promote solid coope

ration under the BRI and contribute to the building of a community with a shared future for mankind.

Also on Wednesday, a ceremony to mark the release of the English and French editions

of a compilation of remarks by Xi on the Belt and Road was held in Beijing by the State Council Information Office.

sh419as.com

After 9/11, the US surveillance became more intensif

fied. Shortly after the attack, the US government introduced the Patriot Act, the Accuracy Act and

the Foreign Intelligence Surveillance Act, which formed a comprehensive intelligence surv

eillance network. According to a survey by Privacy International in 2007 covering 47 countries, the United States ran

ked first in the monitoring index. But the United States didn’t stop there. In 2013, Edward Snowden, a technical an

alyst at the Central Intelligence Agency (CIA), exposed the Prism program. In this seven-year top-secret electronic sur

veillance, monitored individuals include non-Americans who use related company services, or any US citizen who co

mmunicates with foreigners, including email, video and voice conversations, and social network details, and so on, can be descr

ibed as large-scale indiscriminate monitoring. Surveillance states were finally formed.

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Overall, the country’s industrial output grew 6.5 percent

year-on-year in the first quarter, compared with 5.7 percent in the previous quarter.

The ministry said more than two-thirds of enterprises it surveyed received ample orders to

keep factories busy after the Spring Festival break, also signifying an upward trend.

Qu Xianming, an expert at the National Manufacturing Strategy Advisory Committee, s

aid the sound performance in the first quarter is the result of improved market expecta

tions and it mirrors the resilience and sustainability of the country’s manufacturing sector.

“The central government said in March that it would slash the value-a

dded tax rate of 16 percent in manufacturing to 13 percent. Such an aggressive cut sends a strong

positive signal to companies, which has motivated them to accelerate production and intensify investment,” Qu said.

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reviews naval parade on 70th birthday of Navy

Xi reviewed 18 vessels from 13 countries invited to participate in a naval parade on Tuesday afternoon.

The foreign vessels in the waters off eastern China’s coastal city of Qingdao saluted

Xi, who was on board the destroyer Xining, in their traditional manners as they passed by.

The destroyer Xining sounded its horn to ret

The vessels whistled and officers and soldiers stood in a ceremonial formation, saluting Xi as they passed by.

“Salute to you, comrades,” Xi called out to the officers and soldiers.

“Hail to you, chairman,” they replied.

Xi alternated the greeting with “Comrades, thanks f

or your hard work,” to which the officers and soldiers replied “Serve the peop

urn the salute, and Xi waved to the naval officers and soldiers aboard the vessels

i onboard the destroyer Xining gave an order to commence the naval parade on the sea off Qingdao at about 2:30 pm Tuesday.

A total of 32 vessels of the People’s Liberation Army Navy sailed in six groups, and 39 warplanes of the navy flew in ten echelons.

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