Jinping takes questions at the 23rd St. Petersburg Interna

上海乌托邦品茶微信Speech in St. Petersburg highlights global teamwork, BRI coordination

President Xi Jinping reaffirmed China’s stance on promoting the process of economic global

ization and maintaining the multilateral trading system at a forum held in Russia on Friday.

China would like to share its most advanced scientific achievements with the world, inclu

ding 5G technologies, and jointly cultivate new core competitiveness and share its economic growth model, Xi said.

The president made the remarks in a speech at the plenary session of the 23rd St. Petersburg International Economic Forum.

Xi said that China will continue to deepen its reform and ope

ning-up, ease market access and build a market environment with fair competition.

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China Baowu Steel Group Co Ltd, State Power Investme

ent Co Ltd, and China Shipbuilding Industry Corp, accordin

g to data from the State-owned Assets Supervision and Administration Commission.

David Lipton, the International Monetary Fund’s first deputy managing director, sa

id: ” (China’s) Credit growth and corporate debt have been reduced thanks to concerted efforts to strengthen fin

ancial regulation, reduce regulatory arbitrage, and improve the framework for financial supervision.”

His statement came after the IMF published a report forecasting that China’s economic growth is expected to mo

derate to 6.2 percent this year, down from 6.4 percent in the first quarter, as uncertainty around trade tensions re

mains high and risks are tilted to the downside. Inflation, in the meantime, is projected to rise to 2.3 percent.

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Ghazipur was opened in 1984 and reached its capacity

 in 2002 when it should have been closed. But the city’s detritus has kept on arriving each day in hundreds of trucks.

“About 2,000 tons of garbage is dumped at Ghazipur each day,” a Delhi municipal official said on condition of anonymity.

In 2018, a section of the hill collapsed in heavy rains killing two people. Dumping was banne

d after the deaths, but the measure lasted only a few days because authorities could not find an alternative.

Fires, sparked by methane gas coming from the dump, regularly break out and take days to extinguish.

Shambhavi Shukla, senior researcher at the Center for Science and Environment in New D

elhi, said methane belching from the garbage can become even more deadly when mixed with atmosphere.

Leachate, a black toxic liquid, oozes from the dump into a local canal.

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Fortunately, a growing number of Chinese high net wort

th investors have started to realize the importance of not putting all their eggs in one basket, said Zi Yu

an, head of investment platforms and solutions at UBS Securities. One solution is to hold dif

ferent currencies to avoid the possible risk of the exchange rate fluctuation of one single currency.

“They are looking at more overseas markets. Different markets sometimes are litt

le connected. For example, the Chinese stock market was really disheartening last year. But if an investor all

ocated his assets in the US stock market or other markets with high yield bonds, the loss in the Chinese stock m

arket will be offset and the stability of the entire investment portfolio will be further consolidated,” he said.

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New Beijing airport’s lobby nearly complete

Martin Haase of Victoria, Canada, practiced tai chi with his mother from a young age. He

said that when he was a child, he was very active and always wanted to go to see the world. It was just at t

hat time that Chinese martial arts films entered Canada, and Bruce Lee and Jet Li’s kung fu movies fascinated him.

Haase learned tai chi with his mother since the age of 17 and has kept this habit for about 18

years. Later he came to Hunan province in Central China and joined the Hunan Provincial Wushu Association.

“Many foreign friends who come to China with an interest in tai chi will come

to the association to study with me,” Haase said. “I will introduce them to Hunan cult

ure and Chinese culture. Sometimes I show them around the city of Changsha as a translator and guide.”

In the Wushu Association, Haase met many teachers and friends of tai

chi. He believes that practicing kung fu can help you stay fit and gain confidence.

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Students to be vital cogs in travel sectordents born betwe

College students born between 1995 and 2000 are becoming a vital new part of the dynamic travel market in China, with most of th

e young students making their first summer trips after enrolling in colleges, a new study said.

Though the motivation for making tours is relatively high among college students, their choices are

limited due to economic constraints with price being the major criteria for booking flight tickets, said the stud

y conducted by Qunar, an online travel firm owned by Ctrip, China’s largest online travel agency.

During summer vacations, students tend to choose flights that depart b

tween midnight and 2 am, as well as between 5 am and 9 am. The number of bookings of red-e

ye and budget flights is nearly three times higher than other regular flights, the Qunar study said.

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More intl students take postgraduate programs in China

A total of 85,000 international students studied in postgraduate program

s in China in 2018, a year-on-year increase of 12.28 percent, the Ministry of Education said on June 3.

Among 492,200 international students studying in China in 2018, 52.44 percent were studying in

degree programs, up 6.86 percent from 2017, said a press release from the ministry.

The growth of international students in engineering, management, science and agricultural science all reached 20 perce

nt, indicating the increasing attraction of science programs in China, the statement said.

The international students in China came from 196 countries a

nd regions and 52.95 percent of them were from 64 countries along the Belt and Road.

About 63,000 of them were sponsored by Chinese government scholarships, the ministry said.

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hina’s revised civil servant law takes effect

China’s civil servant law, newly revised in December 2018, took effect Saturday.

The revised law clarifies systems of civil servant promotion and asses

sment, and includes statutes to improve rewards and benefits such as pension schemes.

It also tightens supervision over civil servants, keeping its statutes in

line with the supervision law and disciplinary rules of the Communist Party of China.

The revised law bans civil servants from working as leaders of industry regulators or administrati

ve departments in charge of supervising businesses run by their spouses, children or in-laws.

The civil servant law first took effect in 2006.

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Pacts set to be signed during Xi’s state visitbal strateg

Pragmatic cooperation, global strategic stability high on Sino-Russian agenda

Beijing and Moscow will sign around 30 cooperation documents d

uring President Xi Jinping’s state visit to Russia next week, including two joint statements on bilateral t

ies as well as on global strategic stability, Vice-Foreign Minister Zhang Hanhui said on Thursday.

Xi will kick off a three-day state visit to Russia on Wednesday at the invitation of Russian President

Vladimir Putin, and attend the 23rd St. Petersburg International Economic Forum to be held between June 6 and June 8.

The two presidents will witness the signing of an array of agreements on business d

eals in areas such as trade, investment and energy, Zhang said at a media briefing in Beijing.

This year marks the 70th anniversary of diplomatic ties between

China and Russia, and Xi’s visit will mark a milestone for both countries, Zhang said.

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So far EU ministers have only agreed a modest mandat

 to discuss reductions in tariffs in industrial goods and to seek agreement on conformity assessments. EU Trade Commissioner Cecilia Malmstrom is opp

osed to any quota agreement on cars and has lambasted the national security excuse put forward by the White House.

The most prominent supporter of free trade is the center-right European People’s Party which lost sea

ts largely to right-wing parties opposed to free trade, and to the Greens which want tougher conditions attached to trade deals.

The center-left Socialists are also broadly in support of free trade but lo

st seats, while the pro-trade Liberals (the Alliance of Liberals and Democrats for Europe) gai

ned seats. But the Liberals are now aligned with French President Emmanuel Macron’s En Ma

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