Ministry: No winners in China-US trade wartrade war, and C

There is no winner in a trade war, and China hopes to solve the issue through dialogue rather than unilateral mea

sures, said Gao Feng, Commerce Ministry spokesperson at a news conference on Thursday.

The two countries should meet each other halfway and resolve problems through cooperation and discussion, Gao said.

Qin Guangrong, former Party chief of southwest China’s Yunnan Province, is being investigated for suspe

cted serious violations of Party disciplinary rules and laws, according to the country’s top anti-graft body Thursday.

Qin is being investigated by the Communist Party of China Central Com

mission for Discipline Inspection and the National Supervisory Commission.

He voluntarily surrendered.The peaceful resolution of Sino-US tra

de tensions is the expectation of the whole world, the spokesman added.

www.chitudoudemao.cn

Balancing growth with structural reformting perform

After a disappointing performance in 2018, China’s economy appears to be stabiliz

ing. In the first quarter of 2019, GDP growth, at 6.4 percent year-on-year, matched that of the previous quarter. But grow

th in industrial production exceeded expectations, expanding by 6.5 percent year-on-year (and by 8.5 percent in Mar

ch). Even exports growth was positive, albeit weak, despite the ongoing trade frictions with the United States.

Moreover, fixed-asset investment (FAI) grew by 6.3 percent-0.2 percentage points higher than in the previous quar

ter. Investment in real estate grew the fastest (11.8 percent), followed by manufacturing (4.6 percent) and in

frastructure (4.4 percent). The growth of investment both in real estate and infrastru

cture was stronger not only sequentially, but also year-on-year. As usual, consumption growth was stable.

www.weishow.com.cn

At the botanic park, one of the core areas of the expo

more than 100 projectors were installed to digitally recreate mangrove fo

rests and the environment surrounding them: tropical seas, tides and beaches.

With sound, light and electrical effects, the exhibition shows how mangroves, one of the very few vegetation env

ironments that can survive in coastal waters, thrive in the tides and change their surroundings for the better.

Tianjin resident Li Lingyan, who visited the park on Monday, was fascinated by the mangrove exhibition.

“Looking at the exhibit, it is as though I was brought to the seashore to se

e how mangroves grow in a tough environment. It was an amazing process,” she said.

” I was totally thrilled, and I got to learn a lot about mangroves.”

Near Gate No 5 of the park, “a forest of lights and shadows” draws crowds.

qianpadat.com

Chinese firms ideal partners on Belt and Road Initiative

Firms from China and the UK are ideal partners in many countries along t

he Belt and Road Initiative, a China-Britain Business Council official said in Beijing.

“The UK has taken a very positive view on seizing these opportunit

ies for UK businesses, particularly our banks, our large consultancy firms and our infr

astructure companies,” said Jeff Astle, managing director of China operations at the council.

British expertise in areas of financial services, banking, legal services, consulting services around engineering pro

vides a broad range of opportunities for UK firms to collaborate with Chinese firms in other countries, Astle said.

“We benefit from many English legal jurisdictions in many

of these countries, the English language and our businesses have long history and experiences in these coun

tries. That means we are a great ideal partner for Chinese firms in many of these Belt and Road counties,” said Astle.

www.ax148.cn

As the central government started a new round of subsi

China and the European Union have committed to achieving major progress this year in negotiations for a high-level bilateral in

vestment agreement with a view to concluding the ambitious accord next year, according to a joint statement.

The two sides pledged to widen market access, eliminate discriminatory requireme

nts for foreign investors and establish a balanced investment protection framework, according to a joint statem

ent issued after the China-EU leaders’ meeting held in Brussels, Belgium, on Tuesday.

Premier Li Keqiang, European Council President Donald Tusk and Eur

opean Commission President Jean-Claude Juncker co-chaired the annual meeting and reach

ed consensus on a wide range of issues, including bilateral ties, global challenges and governance.

They committed to building an economic relationship based on openness, nondiscrim

ination and fair competition, ensuring a level playing field, transparency and mutual benefit, the statement added.

Two-way trade between the EU and China reached more than $682 billion last year. The E

U is China’s biggest trading partner, and China is the EU’s second-largest trading partner.

khlee.com.cn

Growth resilience may surprise on the upside in more

 aspects,” he said, adding that besides a growth rate withi

n a reasonable range, the economy is likely to register accelerated prog

ress toward higher-quality development this year amid a new round of reform and opening-up.

“Structural opportunities (in the capital market) may con

tinuously emerge from the development of the new economy and mass co

nsumption upgrades, fueling the long-term inflow of international capital,” he said.

IMF Managing Director Christine Lagarde sai

in a recent interview with China Central Television that China’s economic d

evelopment now allows for “a focus on quality growth”, rather than necessarily quantity growth.

“And China’s development is clearly at the stage whe

re it can afford and should afford to do that,” Lagarde said.

Over the past year, amid the escalation of US-China trade tensions, credit tighten

ing took place in China, macroeconomic stress was seen in Argentina a

yuanzjj.cn

Lee Ji-soo, a computer specialist who helps women scr

the web of images taken without their consent, told CNN last year her company had seen a surge in demand since the protests drew attention to the issue.

“The most common things that the clients are saying — and they are quite heartbreaki

ng — are ‘I want to die’ or ‘I cannot leave my house.’ Especially the victims of spy cam or illegally taken video

s say that when they encounter people on the street, they feel like they would be recognized,” she said.

In January, the co-owner of a South Korean revenge porn sit

e was sentenced to four years in prison and ordered to pay a fine of $1.26 million. Soranet, which was sh

ut down last year, was a popular site for uploading videos and photos taken using hidden and upskirt cameras.

Editor’s note: This story has been updated to note the size of the accommod

ations involved and that in South Korea small hotels are typically referred to as motels.

www.njLongrun.cn

The situation in Beira, a low-lying port city on the Indian

  Ocean, was described by the International Federation of Red Cross and Red Cre

scent Societies (IFRC) as “terrible” following an aerial assessment conducted by the agency Monday.

  IFRC spokesman Jamie LeSueur said that up to 90% of the ar

ea had been destroyed. “The scale of devastation is enormous,” said LeSueur.

  On Sunday, a dam burst cutting off the last road to the city, which aid workers are now struggling to reach.

  A former Portuguese colony, Mozambiq

ue gained independence in 1975 and suffered a 16-year civil war that ended in 1992. Today, despite recent eco

nomic growth, about half the population remains below the poverty line.

  Cylone Idai has caused destruction on such a large scale because of that poverty and lack of infrastructure.

shlfcl.com

Mikaela Shiffrin extends record run as Marcel Hirscher hints

  She’s ski racing’s undoubted new queen, but Mikaela Shiffrin finished the

slalom season in regal fashion with victory in the final race in Andorra.

  The 24-year-old clinched her 16th win of a record-breaking season

Saturday to take her tally to 59 World Cup titles overall.

  The victory was also her 40th slalom win to equal the record of Swedish great

Ingemar Stenmark, who heads the all-time list with 86 World Cup wins.

  Overall champion Shiffrin, who topped the slalom standings from Slovakia’s P

etra Vlhova and Swiss Wendy Holdener,

is hot favorite to clinch the giant slalom crystal globe Sunday.

  The American has a 97-point lead over Vlhova, with 100 points available to the winner in Andorra.

  Shiffrin, who passed Vreni Schneider’s mark of 14 wins in a season

earlier this month, could become the first skier — mal

e or female — to win the World Cup title in overall, slalom, giant slalom and the

faster super-G discipline in the same season.

  She secured a third straight World Cup overall crown earlier this season and first super-G c

rystal globe to add to a fourth consecutive slalom world title in Sweden last month. She also won super-G gold in Are.

changjiucf.cn

One in every seven smartphones in the world is produced

d in the city, and one in every eight buses is produced by Zhengzhou Yutong Bus Co, he said.

Through such efforts as opening cargo train routes to Europe and encouraging cross-border e-co

mmerce, Zhengzhou has helped implement the Belt and Road Initiative and benefited from it, he added.

“We truly feel that the Belt and Road has turned into roads of peace, prosperity, openness, innovation and civilization,” he said.

Tang Yuxiang, an NPC deputy and also board chairman of Zhengzhou Yutong Bus, said that since the Belt and Road Init

iative was put forward in 2013, the company has made overseas markets a strategic priority.

www.yt178.cn

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