Liu, who turned himself in, stepped down in Janua

ary as chairman of the China Securities Regulatory Commission, a position he kept for three years before being replaced by Yi Huiman.

The central commission said in the statement that Liu is cooperating with the probe.

hina’s housing regulator has warned four Chinese cities over price rises in the past three months, the Economic Observer reported.

Local governments of Foshan, Suzhou, Dalian and Nanning were urged by the Ministr

y of Housing and Urban-Rural Development to stabilize land and housing prices as well as market expectations.

This came a month after six other cities were also warned over similar reasons on April 19.

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Asked whether China will retaliate by targeting certain US co

 companies, Lu said that as for foreign enterprises operating in Chi

na, there is no need for them to worry as long as their businesses are law-abiding.

S President Donald Trump issued an executive order on Wednesd

ay in which he declared a national economic emergency and banned the technology and

services of “foreign adversaries” deemed to pose “unacceptable risks” to US national security.

The US intention is so obvious that media outlets around the world have without exception interpr

eted this as targeting Huawei, by excluding the Chinese telecommunications giant from US networks.

Washington has repeatedly claimed that Huawei’s equipment poses a security threat, but for all the sound and fury, it sign

ifies nothing, as it has never produced any credible evidence, indeed any evidence at all.

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Compadrazgo, a Spanish word that literally translates to

co-fatherhood”, is based on a kinship ritual that is formed after a child gets baptized into the Roman Catholic faith.

For the predominantly Catholic and close-knit Philippine society, the go

dfather (known as the padrino) is part of one’s extended family and is expected to h

elp and protect his godchild. The godchild is expected to respect and be loyal to the padrino.

Bapakism is derived from the Indonesian word for “father”. When used

in Indonesian business, bapakism demands great respect and obedience to one’s supe

rior. The manager in his role as the company’s bapak is expected to look after and care for his employees.

Although Asian values are steeped in an ancient culture and tradition, it was

only in the 1990s that this concept drew global attention. This was partly due to Asian lead

ers like the late Singaporean prime minister Lee Kuan Yew’s and current Malaysian Pri

changhaisheng.cn

With the 1,000-day countdown celebration comes a ne

ew stage of preparation for the Games,” said Chen Jining, mayor of Beijin

g and executive president of the 2022 Winter Olympics Organizing Committee. “We will end

eavor to deliver a fantastic, extraordinary and excellent Olympic and Paralympic Winter Games.”

The 1,000-day countdown — launched near the iconic Bird’s Nest and the

Water Cube, both 2008 venues — underlined Beijing’s focus on sustainability in prepa

ring a second time for an Olympic extravaganza by reusing existing resources built for the Summer Games.

According to the 2022 Winter Olympics organizing committee, 11 of the 13 v

enues needed in Beijing’s downtown, where all ice sports will be staged, will use existing faciliti

es built for 2008. Repurposing projects, such as transforming the Water Cube (which hosted swimming in 2008) into a

curling arena by filling the pool with steel structures and making ice on the surface, are well underway.

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anqing and Zhangjiakou are preparing another venues, in

including existing ski resorts and some newly built projects, to host all eight Olympic snow sports

in 2022. The three clusters will be connected by a new high-speed railway, which will be completed by t

he end of this year. It looks beyond the Games to boost future winter sports tourism.

According to the organizing committee, all 26 venues for 2022 will be ready by June next year with the f

irst test event, a World Cup skiing series, scheduled to be held in Yanqing’s National Alpine Skiing Center in February.

About 90 percent of the earth moving work for the mountain center is now complete, and a 53-hecta

re forest reserve has been built nearby for transplantation of all the trees affected by the construction.

“The preparations are ready to step up to the next stage, from planning to

the readiness phase. Beijing is ahead in the race against time,” said Liu Yumin, dire

ctor of the planning, construction and sustainable development department of the 2022 Olympic Organizing Committee.

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Australia and Canada remain the third and fourth most p

popular destinations for overseas study, accounting for 18 percent and 1

6 percent respectively, followed by Hong Kong, Germany and Japan, the report found.

The report was based on a survey conducted by Vision Overseas Consulting Co, a subsidiary of New Oriental Education and Technolo

gy Group and Kantar Millward Brown in January and February. The survey covered 6,228 students who plan to go to school ove

rseas or have returned to China after graduation, and their parents. It is the fifth consecutive year the report was released.

Sun Tao, president of Vision Overseas Consulting Co, said: “More students chose to go to the UK for overseas study b

ecause of its high-quality higher education institutions and relatively lower costs compared with the US.”

Many UK universities now offer one-year master’s program, which can

greatly decrease the students’ cost, he said, adding that the UK government has also im

xsxbxi.cn

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.

ecimy.cn

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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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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rime scene officials inspect the explosion area at Shangri-La

Of the dead in the blasts, there are 35 foreigners, the police confirmed. Hospital sources

had earlier said nine foreigners were among those killed while 13 others have been injured.

Airline says flights continue despite curfew

SriLankan Airlines is telling passengers boo

ked on flights out of the country that they will be able to fly despite the curfew imposed.

The carrier says in a statement that travelers on all airlines operating out of Bandaranai

ke International Airport can access the airport by showing their tickets and passports at checkpoints.

The airline says security has been tightened at the airp

ort, and it advises passengers to arrive four hours before their scheduled flights.

Both Sri Lankan President Maithripala Sirisena and Prime Mi

nister Ranil Wickremesinghe have condemned the attacks and appealed for calm.

Prime Minister Ranil Wickremesinghe said t

he tri-forces and the police are conducting a thorough probe into the explosions.

In a special statement, the police urged the publi

c to stay indoors and not gather at the explosion sites which had been sealed off.

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