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There are signs that the central government will not cha

ange its resolution to control house prices, Zhang said, adding that in the future the real estate market will continue to crack down on speculation.

On May 11, Suzhou tightened housing policies further, China Daily ea

rlier reported. The down payment ratio for a family’s first home purchase has been rais

ed from 20 percent to 30 percent.China may grant official 5G licenses, instead of the interim licenses prev

iously planned, to telecom carriers this year and is likely to start commercial use of the superfast wireless technology nat

ionwide in the near future, possibly as soon as October, according to people familiar with the matter.

Newly built property in certain parts of the city cannot

be traded for a three-year period after purchase, and for five years in the case of pre-owned property.

shangjianxiachui.cn

In the past several months, China has announced and

started to implement a “negative list” program that allows foreign co

mpanies to have 100 percent ownership in investments in all areas of the economy, excep

t for a small number of areas, such as telecoms and defense, that are explicitly prohibited.

Also, foreign investment has been simplified by creating a one-stop regulatory shop and a single application process.

These new policies will lead to greater competition within China, forcing C

hina’s companies to become more efficient and to produce higher quality products.

The Chinese government has also recently announced tax cuts and financial regulations desi

gned to help private companies. This will hasten the ongoing transition to a market-driven economy.

Most Chinese State-owned enterprises are not relevant to trade negotiations. Many are in non-tradable sectors such as p

roperty development, infrastructure, or concrete. Others are basically public utilities in telecoms or power.

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China is an important stakeholder in Arctic affairs,” Wang

“The country has always adhered to international treaties, such as the Charter of the United Nations, the United Natio

ns Convention on the Law of the Sea, and the Spitsbergen Treaty, as well as other international laws and upheld the p

rinciple of respect, cooperation and common winning and sustainability when actively participating in Arctic affa

irs and contributing Chinese wisdom and power in the sustainable development of the Arctic region,” he said.

The annual Arctic Circle Forum, established in 2013 and initi

ated by Iceland’s then-president Olafur Ragnar Grimsson, is a platform to help the inter

national community care for, understand and protect the Arctic and discuss Arctic governance.

changjiucf.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.

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Overholt said “the list of issues that President Xi has

addressed are the issues that the business community is concerned about”.

“It is excellent that President Xi recognized some problems,” especially those associated with its Belt and Road Initi

ative, such as transparency and corruption, said Craig Allen, president of the US-China Business Council.

Experts also were interested in how the reform policies and laws would be implemented, something Xi addressed in his speech.

“People are very positive about the direction, but they need to

know the details” of how the promises would be delivered, Overholt said.

Xi, citing the old Chinese saying “honoring a promise carries the weight of gold”, pledged to install a binding mec

hanism for international agreements, to make sure governments at all levels operate in well-regulated wa

ys, and to update laws and regulations to abolish unjustified practices, keeping in line with the needs of opening-up.

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Vehicle sales in China continue to drop, NEV sales rise

hinese sales of passenger vehicles, MPVs, SUVs and minivans in March dropped 12 percent on a yearly basis to 1.78 million units.

This is the 10th consecutive monthly decrease, according to the C

hina Passenger Car Association (CPCA), Changjiang Times reported.

The MPV sector saw the largest sales decline, 20.2 percent to 130,000 units in the pas

t month, while SUVs and sedans dropped 10.7 and 12 percent, respectively.

The decreases in 2019’s first quarter are mild compared with those at the end of the last year, CPCA said.

As the State-VI emission standards will be implemented from July 1 this

year, some Japanese brands have launched corresponding products ahead of their co

unterparts, and performed well in sales and consumer confidence, CPCA said.

“Automobile sales in North China, and those in the county and township level, are still weak,” the association added.

hheeh.cn

Xu said the country’s urbanization may hit 70 percent by

“China’s urban development should take the road of sustainable development,” Xu said. “We sh

ould pay more attention to green city construction, green industrial development and low-carbon energy-saving de

velopment. And we should also ensure that migrant workers have the same social rights as native residents.”

The NDRC proposed the introduction of various monetary policies to reso

lutely curb the rise in hidden local government debt, encourage commercial financial institut

ions to appropriately increase the credit supply and support qualified enterprises to issue bonds for financing.

To implement the new urbanization tasks, China will improve the appro

priate positioning of different cities in various fields, develop high-end manufacturing and p

roducer services in big cities and guide small and medium-sized cities to consolidate manufacturing centers.

Xu Lin said with rapid urbanization, 80 percent of China’s urban citizens will live in some 20 city clusters in the future.

stgongchen.cn

Yorobe said on-site studies have shown that the vari

ieties introduced to the Philippines through the Green Super Rice project are capable of thriving in harsh environments and maintaining steady yields.

“After Typhoon Haiyan swept through Leyte Island in the central Phi

lippines in November 2013, we found that the Green Super Rice variety was one of the few that w

as still growing when submerged in saline water,” he said. “Local farmers were elated and regained hope.”

In West Africa, six Green Super Rice varieties with high-yield potential and strong tolerance to drought, salinity and iron to

xicity have been developed, and about 14.5 metric tons of such seeds were distributed to local rice breeders, ac

cording to Baboucarr Manneh, a researcher with the African Rice Center in Cote d’Ivoire.

“Moreover, about 500 scientists, technicians and farmers hav

e been trained in fields such as breeding, seed production and crop management th

rough the project. The training helps increase their capability and achieve sustainable growth in the future,” he said.

ypfna.cn

The European leaders said they are glad to see a greater

 development in China, and the EU welcomes China’s willingness to share its development opportunities.

Chinese enterprises are welcome to invest in European countries, said the European leaders, adding that they will not adopt restrictive measures against specific com

panies, and are willing to provide a fair, open and transparent business environment for all foreign enterprises.

During the visit, Peng Liyuan, Xi’s wife, also attended a number of events aimed at deepeni

ng cultural and educational exchanges between China and the European nations.

As a special envoy of the United Nations Educational, Scientific and Cultural Organization (UNESCO) for the advanceme

nt of girls’ and women’s education, Peng was invited to visit the headquarters of the UNESCO in Paris.

Wang said Peng’s visit highlighted China’s image of a hardworking, responsible maj

or country that actively participates in international education, gender equality and other affairs.

www.shlftv.com

Extra pilot averted disaster on previous Boeing 737 Max 8 flight

An off-duty pilot in the cockpit of a Boeing 737 Max 8 jet jumped in to help

crew disable a malfu

nctioning flight-control system as it experienced difficulties in October, according to Bloomberg.

The next day, with a different crew, the same plane crashed into the sea off Jakarta, killing all 189 people on board.

On doomed Lion Air Flight 610, pilots searched in a handbook f

or a way to stop the plane from nosediving, according to an exclusive Reuters report.

Reuters cites the information from three people with knowledge of the contents of the cockpit voice recorder that has never been made public.

Indonesia’s National Transportation Safety Committee (KNKT) has refused to comment to CNN on the content of the voice r

ecorder as the investigation is still ongoing. Boeing also refused to comment to CNN on the matter Wednesday.

Indonesian authorities found the cockpit voice recorder in the Java Sea on January 14 and said it could take up to a year to publish a full report into the crash.

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