The downward trend will linger in the first half of th

f the year until July or August, when the market may see a recovery, Xu Haidong, assistant to

the China Association of Automobile Manufacturers’ secretary-general, told the newspaper.

The reason for the slowdown in China’s automotive market lies in the lack of consumer confidence, according to CA

AM. In addition, the upcoming stricter Nation VI emission standards, market expectation for the country’s stimulating spe

nding policy and a strong wait-and-see mood, are all contributing to the bleak picture, the association said.

With the actual policy effects from tax cuts and fees reduction

s, a promising consumer market boosted by infrastructure investment, the country’s a

utomobile market will have a stable development throughout the year, said the association.

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the UN Office for Disaster Risk Reduction and the Alliance of

ernational Science Organizations, a group created to connect the scientific communities of BRI participants.

Bai Chunli, president of the academy, said in the conference’s opening ceremony on Saturday that areas along the Silk Road are

prone to various natural disasters that have resulted in massive loss of life and economic damage.

“As a result, it is paramount to use new technologies and international cooperation to jointly tackle these nat

ural disaster risks, protect ecological security and achieve sustainable development,” Bai said.

The academy will continue to collaborate with foreign partners to create new platfor

ms and mechanisms to improve disaster management and ecological protection, he added.

Mami Mizutori, head of the UN Office for Disaste

r Risk Reduction, said in a video speech that the scale and reach of the world’s largest infrastructure initiative will impact billi

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Govt should accelerate tax cuts to invigorate economy, premi

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Premier Li Keqiang urged government departments to speed up the implementation

of tax reductions to invigorate the country’s economy, amid rising uncertainties about growth on Friday.

Li was speaking with entrepreneurs from the manufacturi

ng, construction and service sectors at the Zhongnanhai leadership compound in Beijing.

The businesspeople said they have received benefits from the tax reduction measu

res in the past months, after the measures were introduced by Li in the Government Work Report in March. They

also offered advice on how to further ease the tax burden on businesses.

After hearing their opinions, Li called tax reduction a great decision made by the Communist Party of China Central Comm

ittee and the State Council. It has boosted market confidence in outstanding ways and promoted the stable

growth of the economy, he said, adding that the positive factors for economic growth are increasing.

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Financial sector restructuring is also a part of the ongo

oing supply-side structural reform, as it is still dominated by the 268-trillion-yuan banking system, the analysts said.

The restructuring process will accelerate as more foreign capital

moves in, which can boost competition in the domestic market, the analysts added.

In the medium term, continued financial reform and more opening-up measures co

uld boost capital inflows, said Lillian Li, a vice-president at rating agency Moody’s.

But trade disputes between China and the United States and uncertainty over monetary policy in global markets may dam

pen capital inflows, and the pace of capital inflow is likely to fluctuate in the near term, she said.

Having the world’s second-largest equity market and the third-largest bond market, China will likely usher in more inte

rnational capital flows in the longer term, if the nation further liberalizes its financial system, she added.

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hina will provide proposals for World Trade Organ

ization reforms and enhance communication with member countries and regions to deal with trade issues. That will stre

ngthen the WTO and jointly maintain free trade and the multilateral trade system, he said.a

Beijing International Horticultural Exhibition welcomed its first tourist peak by serv

ing more than 320,000 tourists during the four-day May Day holiday, the organizer said Saturday.

Lei Lei, an official with the organizing committee, said the Chinese Pavilion, the Inte

rnational Pavilion, the Life Experience Pavilion, the Botany Pavilion and the Gui

Some 132 activities, including float parades, world ethnic and folk cultural perform

ances, and culture and art carnivals staged by central and eastern European countries, were held during the holiday.

With the theme of “Live Green, Live Better,” the expo opened to the public on M

onday at the foot of the Great Wall in the capital’s Yanqing District and will last until Oct 7.

rui Theater were among the most popular destinations, which h

ave received a total of over 734,000 visitors during the holiday.

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We should extract the essence of Chinese tradition

l culture, which has contemporary value and relevance to the modern wor

 

ld, and show it. In this way we can on the one hand tell the world how and why China is wh

at it is, and on the other have Chinese and other civilizations create benefits for mankind.

It is hoped that the Conference on Dialogue of Asi

Many pets entering China will now be subject to streamlined customs clearance procedures.

As of Wednesday this week, dogs or cats from designated countries or regi

ons that carry valid electronic chips and pass on-site inspection will no longer be subject to

extended quarantine, under the latest regulations issued by the General Administration of Customs.

Designated countries or regions include New Zealand, Australia, Fiji, French Polynesia, Haw

aii and Guam of the United States, Jamaica, Iceland, the United Kingdom, Ireland, Liechtenstein, C

yprus, Portugal, Sweden, Switzerland, Japan and Singapore, as well as from Hong Kong or Macao.

an Civilizations will make fresh contributions to the construction of the community of shared future for mankind.

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The prize includes two categories, theory and experiment

The 2018 laureates for theory are Juan Ignacio Cirac, David Deutsch, Peter Shor and Peter Zoller,

for their seminal theoretical work on quantum algorithms and physical architectures of quantum com

puters and simulators, while the experimental category prizes went to Rainer Blatt and David Wineland for pio

neering experiments that demonstrated fundamental elements of quantum computing with trapped ions.

The 2019 prizes were awarded to Charles Bennett, Gilles Brassard, Artur Ekert and Stephen Wiesner in the theory category for th

eir work on quantum cryptography, and experimental prizes went to Pan Jianwei and Anton Zeilinger for their grou

ndbreaking experiments that enabled practically secure and large-scale quantum communications.

The awards ceremony will be held on Sept 20, Luo said.

USTC has been leading the world’s quantum information science and techno

ogy development in recent years, with Pan’s team attracting enormous attention from home and abroad.

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storage, collection and transportation of hazardous

les in the storage, collection and transportation of hazardous waste. Paper documents are still used in ma

ny areas as certificates for the transfer of hazardous waste, which could be easily forged and altered, he said.

Wang also said the country faces serious shortages of personnel fo

r hazardous waste supervision, especially at the county-government level.

Qiu pledged to take a series of measures to enhance processing capac

ity. Facilities for hazardous waste treatment will be included in local environmental infrastru

cture development plans, and the treatment of such waste will be included in the central environmental inspec

tions led by ministerial-level officials. Research aimed at overcoming technical bottlenecks for treatment will be enhanced as well, he said.

Qiu said the Ministry of Ecology and Environment will coop

erate with the NPC to revise the Solid Waste Law, and make efforts to build a n

ational information network to enhance monitoring, treatment and risk prevention capabilities.

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Hainan also announced an islandwide housing quota

regarded as the strictest in the country-to curb speculation. The new rules required tho

se who do not live on the island but want to buy houses to provide local tax records for the past 60 months from

at least one member of the applicant’s family-making it impossible for nonnative residents to buy a home there.

“The latest move to help newcomers buy a home will make talented

people feel more at ease and work more wholeheartedly,” said Xia Feng, director of the e

conomic research department of the China Institute for Reform and Development.

“The government should also promote the rental housing market for those who cannot afford

to buy, and cultivate more diversified business platforms to attract talent from outside the island,” he said.

Wang Lu, chairman of Jincheng Consultancy, a Haikou-based real estate information p

rovider, said that because of the province’s small population base and weak economic and industrial foun

dation, investment and talent attraction are two urgent issues for the development of the FTZ.

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Xi added that he is glad that US President Donald Trump

also voiced his support for bilateral exchanges and cooperation in education during their meeting at the G20 Summit in Argentina in December.

The rising level of education has been a major contributor to

China’s rapid development in its 40 years of reform and opening-up, he said.

China remains committed to advancing the modernization of its education, making

itself an education powerhouse and developing education that people are satisfied with, he added.

During this process, China is willing to conduct broader exchanges and cooper

ation with education and research institutions including Harvard University, he said.

Bacow, who last year became the 29th president of Harvard U

niversity, said he is glad to make China his first overseas stop since his inauguration.

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