magazine of the Communist Party of China Central Committee. He said more efforts a
re needed to implement the proactive fiscal policy and boost efficiency this year.
Preventing and defusing local governments’ hidden debt risks is key to controlling major risks, he said.
Innovative financial tools will be introduced for debt swaps, and the indebted comp
anies will be allowed to choose the same way, under guidance from the local governments, Liu Shangxi, hea
d of the Chinese Academy of Fiscal Sciences, the Ministry of Finance’s think tank, told China Daily.
“The total amount of hidden debt waiting to be swapped has not yet been calculated, as this
round of debt swaps will not involve the government’s administrative orders, but depends on the ma
rket’s appetite based on the evaluation of the potential default risks and the companies’ solvency,” he said.
he clock, a fire engine, over 160 hydrants, thousand of extinguishers, and fire walls, officials said last year.
But not all relics have such rigid supervision. A joint comprehensive survey was started in Septemb
er by the administration and the Ministry of Emergency Management. It found that 33 major institutions still don‘t meet stan
dards, and the State Council issued a notice on Wednesday that they were to receive the highest-level supervision.
On Tuesday, the administration urged local governments to immediately launch evaluations of potential hazards.
The new lawsuit against Liu Qiangdong, the billionaire founder and CEO of Chinese e-commerce giant JD, and his compan
y filed by a University of Minnesota student might further shake investors’ confidence, and tarnish the image
and reputation of the company, amid tougher competition from rivals such as Alibaba and Pinduoduo.
The Chinese student from University of Minnesota, who claimed she was raped last August by Liu, filed a c
ivil lawsuit against him in Minneapolis on Tuesday, four months after prosecutors decided not to pursue a criminal case.
insk and covering an area of 91.5 square kilometers, is the first special economic area in Bela
rus and the largest intergovernmental cooperation project between China and Belarus.
The industrial park is stepping up efforts to attract more global investors, with 43 companies registered by the end of February.
Among the 43 companies, 26 are from China, 10 from Belarus, and seven from other countries, like the United States and Ru
ssia. The companies have signed agreements to make total investments of more than $1 billion in the park.
The China-funded Djibouti International Free Trade Zone, which started construction in January 2017, opened on July 5, 2018.
Covering an area of 48.2 sq km, the zone is operated by a join
t venture with investment by Chinese enterprises, including China Merchan
ts Holdings and Dalian Port Corp Ltd, as well as the Djibouti Ports and Free Zone Authority.
More than 20 enterprises from the commerce, logistic, processing sectors have signed letters of intent to re
gister with the FTZ, as infrastructure in the first phase of the FTZ, which covers an area of 6 sq km, has been basically completed.
The FTZ is expected to become a crucial junction linking other African countries involved in the Belt and Road Initiative, and
make Djibouti, the small northeast African country, a marine logistics hub linking Africa, Asia and Europe.
arks the 16th anniversary of the death of the singer and actor due to depression.
“I am who I am, a different colored sparkle. I love myself, just like the blooming rose wa
iting to flourish even in the desert,” Leslie Cheung sang in one of his musical masterpieces I. He is consi
dered “one of the founding fathers of Cantopop” for achieving huge success both in film and music.
Starting his career as a singer in 1977, Cheung rose to fame six
years later thanks to the song The Wind Blows On. He has released many popular albums and r
eceived numerous music awards, including being honored as Asia’s Biggest Superstar at the 2000 CCTV-MTV Music Honors.
However, there’s much more to him, beyond his superior musical accomplishments. In the late 1980s, he shifted
his career focus to the movie industry and shaped many classic roles that no one can rival, even to this day.
Some have said you might not really know Leslie Cheung’s music, but you’ve probably seen at least one or two of his sentimental films.
“He is a top Asian giant, has exciting stage performances, astonishing beauty and excellent acting skills,” a CNN report once said about him.
China has released 11.25 million spectra – keys for understanding the properties of celestia
l bodies – acquired by the Large Sky Area Multi-Object Fiber Spectroscopic Telescope to astronomers worldwide.
As the world’s largest spectral survey telescope, LAMOST marks the world’
s first spectral survey project to obtain more than 10 million spectra, which will give
insights into chemical compositions, densities, atmospheres and magnetism of celestial bodies.
Among the data, there are 9.37 million high-quality spectra, twice the total number of other astronomic surveys intern
ationally. There are also 6.36 million stellar spectra, creating the largest stellar parameter catalog in the wor
ld, according to the National Astronomical Observatories of China of the Chinese Academy of Sciences on Friday.
Finished in 2008, LAMOST began regular surveys in 2012. The telescope is located in Natio
nal Astronomical Observatories of China’s Xinglong Observatory, in north China’s Hebei province.
Photo taken on March 10, 2019 shows the manned submersible Shenhai Yongshi (Deep Sea Warrior) at
a port of Sanya, south China’s Hainan Province. China’s science ship Tansuo-1 loaded with the mann
ed submersible Shenhai Yongshi (Deep Sea Warrior) returned to its home harbor in Sanya, South China’s Hainan pro
vince, on Sunday, after finis/hing its first expedition in the Indian Ocean. HAIKOU – China’s science ship Tansuo-1 loa
ded with the manned submersible Shenhai Yongshi (Deep Sea Warrior) returned to its home harbor in Sanya, Sou
th China’s Hainan province, on Sunday, after finishing its first expedition in the Indian Ocean.
The manned submersible can reach a depth of 4,500 meters. The 121-day expedition trip organized by the Chinese Acade
my of Sciences began Nov. 10, 2018. Scientists from 10 Chinese and foreign research institutes were invited to joi
n the deep-sea research trip.The ship traveled 17,000 nautical miles on the expedition during which
scientists surveyed five deep-sea hydrothermal areas and collected a trove of samples for ecological environment research.