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China will offer customized data services for disaster prevention throug
h its Fengyun meteorological satellites for more countries along the Belt and Road, said a
senior official of the China Meteorological Administration’s National Satellite Meteorological Center.
The services will be provided based on the results of a survey of 81 countries. By the end
of April, 22 countries, including Afghanistan, Pakistan, Iran, Russia, Libya and Sudan, had responded to the survey.
All of the respondents said they wanted to install the application software platforms
of the Fengyun satellites for weather forecasting, as well as climate and environment monitoring.
They also requested a range of services, especially in monitoring rainf
all, droughts, dust storms, heavy fog and lightning, in addition to training courses on F
engyun meteorological satellite data analysis, remote-sensing applications and data collection.
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.
decade is likely to be driven by greater global financial sector integration,” said Alfred Schip
ke, the International Monetary Fund’s senior resident representative for China.
Chinese students are increasingly diversifying their choices of destinations for overseas stud
ies, with more students choosing to go to the United Kingdom, Australia and Canada, a new report showed.
In a multiple choice survey for the annual Report on Chinese Students’ Overseas Study, released
on Tuesday, while the United States remains the most popular destination for overseas study this year, pref
erred by 43 percent of the respondents, this was down by 8 percentage points compared with 2015.
US dominance looks uncertain as the number of students inclined to study in the UK r
ose sharply in 2019, accounting for 41 percent, up 9 percentage points compared with 2015.
hina’s economic growth will remain stable in the first quarter, and is expected to land at 6.3 percent or even higher year-on-year when it is released this week, e
conomists said after some economic indicators for March surprised the market on the upside.
“Downside pressure began to ease in the first quarter, as signaled by the r
ather substantial recovery in various economic indicators in March,” said Yao Jingyuan, form
er chief economist at the National Bureau of Statistics and a researcher for the Counselors’ Office of the State Council.
Chinese banks’ lending in yuan, a leading indicator for the real economy
, surged in March by 1.69 trillion yuan ($252 billion), up 52 percent from a year earli
er, according to the People’s Bank of China, the central bank. The manufacturing purchasing managers inde
x for March, which was back into expansion territory, may be a sign of accelerating industrial activities.
Exports in March also picked up, rising 14.2 percent in US dollar ter
ms from a year ago, versus 0.1 percent for the January-February period, customs data showed.
Chinese local government bonds worth 1.4 billion yuan ($208.5 million) were snapped up by retail investors within a single day, after counter sales in banks we
re made available for the first time. The fundraising will help supplement a broader fiscal deficit this year, analysts said.
On Monday, individuals in China were able to purchase bonds issued by t
he Zhejiang provincial government (five-year term, 3.32 percent coupon rate) and the N
ingbo city government (three-year term, 3.04 percent coupon rate). Proceeds from the sales will be used for land purchases (300 million yuan) and shantytown renovations (1.1 billion yuan), acc
ording to a notice on the website of China Central Depository and Clearing, a clearinghouse under the central bank.
The minimum investment amount for retail investors is 100 yuan, lower than most wealth management products issu
ed by commercial banks. Previously, individual investors could only purchase bonds issued by the central government, kno
wn as treasury bonds. And before Monday, local government bonds were traded mainly in the interbank market.