Month: April 2019
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.
Growth in China’s energy consumption remains robust while the forms
of energy continued to diversify in 2018, according to an annual report on China’s energy devel
opment released Sunday by the China Electric Power Planning and Engineering Institute.
Total energy consumed last year reached 4.64 billion metric tons o
f standard coal, a year-on-year growth of 3.3 percent – a five-year record, according to the report.
Consumption of clean energy, including natural gas, hydropowe
r, nuclear power and wind power, accounted for 22.1 perc
ent of energy consumption last year, up 1.3 percent compared with the same period in 2017.
Non-fossil energy accounted for 14.3 percent, up 0.5 percentage points year-on-year, the report said.
China produced 3.77 billion tons of standard coal last year, up 5 percent year-on-year, a seve
n-year high. It has also become the world’s largest natural gas importer, with a heavier reliance on energy imports.
outcomes belong to the world, Xi said, adding that the second forum sen
ds a clear message to the world: The BRI will have a brighter future as the circle of its
supporters expands, as good partners increase and as the quality of cooperation improves.
Around 5,000 people from some 150 countries and about 90 international organizations attended the forum.
Participants hailed the BRI as a great initiative for economic cooperation, saying it is conducive t
o promoting connectivity and enhancing international cooperation in fields such as trade, investment and sustainable development.Calling Belt and Road con
struction a path to common prosperity, Xi said that early results from the BRI op
en up more space for global economic growth, build a platform for international cooperation and make new co
ntributions to the building of a community with a shared future for mankind.
rsity’s Kellogg College in England, called opening to more foreign investment a very important development.
“Of course this will expose both inward investors and indigenous organiza
tions to some stark differences in management and doing business between them, which in tu
rn requires more globally effective leaders who are less ethnocentric and more culturally aware,” he said.
Sikhumbuzo Zondi, a research assistant at the Institute for Global
Dialogue associated with the University of South Africa, said another important aspect of Xi’s
opening address was the desire to invest more resources in scientific innovation and technology.
The aim is to develop technologies and business models that will foster new growth an
d development. To do this, China is committed to spearheading the Belt and Road Science, Technology and In
novation Cooperation Action Plan to advance information and communications technology infras
tructure development with the aim of improving internet connectivity and security, Zondi said.
with the aggregated industrial value added expanding by 8.5 percent year-on-year, 3.2 percentage points
higher than that in the January-February period.
Operation revenue jumped by 13.7 percent year-on-year i
n March, 10.4 percentage points more than that in the January-February period.
Stabilizing prices served as another driver of the rebound, according to an NBS analy
sis. The producer prices rose 0.4 percent year-on-year in March, ending a decline for eight months in a row.
The purchasing prices for raw materials edged up 0.2 percent from a ye
ar ago, 0.1 percentage points higher than that in the January-February period.
Preliminary estimates showed that the price changes added 26.8 billion yuan to industrial profits in March, and the cont
ribution of price changes to industrial profit growth rose by 4.5 percentage points from that in the Ja
nuary-February period, said senior statistician Zhu Hong from the NBS’s Industrial Bureau.
ancing needs, sustainable development and debt sustainability, according to Finance Minister Liu Kun.
“We will build a high-standard and high-quality financing system to s
upport long-term and sustainable BRI investment while preventing debt risks,” Liu said.
He suggested promoting financing cooperation for projects in
third-party countries, equity investment and attracting more private funding.
Enhancing debt and risk management is a key consideration for deepening BRI financi
ng cooperation, said Yi Gang, governor of the People’s Bank of China, the central bank.
“The debt issue in developing countries should be treated objective
ly. If debt growth is accompanied by infrastructure improvement, enhancement of people’s liveliho
ods and productivity and poverty reduction, it will be beneficial for the sustainability of long-term debt,” Yi said.
terrorist cells and the soil that breeds them. Countries with different political and so
cial systems should overcome any biases and abandon any double standard so as to form a united front against global terrorism.
The atrocities in New Zealand and Sri Lanka show even countries th
at seem to have a low risk of becoming the target of terrorists cannot remain immune to the scou
rge. To win a battle against terrorism, the world needs to address both the symptoms and root causes of terrorism.
In the end, instead of pointing fingers, it is essential that countries enhance both the effect
iveness and efficiency of their cooperation with real coordinated actions.The much anticipated Russia-DPRK
summit is seen as a possible chance to break the deadlock in denuclearization talks, ease Pyongyang’s sancti
ons pressure and catalyze a new drive for economic development in the region, analysts said.
mote the building of the Asia-Pacific free trade zone and maintain the multilateral trading system.
He said China and Latin American countries should support each other, make full use
of their complementary advantages and achieve win-win cooperation. The two sides should pursue comm
on development and jointly build a community with a shared future for China and Latin America, Xi added.
The Chilean president said the Belt and Road Initiative, put forward by Xi, has show
n the glorious history of the ancient Silk Road and promoted exchanges between different cultures in the new era.
Chile supports the building of the Belt and Road, and it hopes t
o learn from China’s experience in innovative and green development, he said.
Pinera said Chile, which is dedicated to maintaining multilateralism and the multilateral t
rading system, would like to enhance coordination with China on regional and multilateral affairs.
delegations, which was preceded by a one-on-one meeting between Putin and Kim.
Kim arrived here in his train on Wednesday for his first meeting with Putin.
The meeting came at a time when tensions were growing between the DPRK and t
he United States.At the end of 2018, Australia became another “surveillance state” with the passing of the T
elecommunications and Other Legislation Amendment Bill or the Assistance and Access Bill 2018.
Last week, the DPRK test-fired a new tactical guided weapon and requested Washi
ngton to exclude U.S. Secretary of State Mike Pompeo from future negotiations.
In response, Pompeo swept aside Pyongyang’s demand ab
out replacing him by someone “more careful and mature” to deal with the talks.
tween law enforcement departments, intelligence agencies and