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accelerate the process to fully lower the market access threshold for foreign investments in
banking, securities and insurance, the premier said. Service sectors, including medical care and educ
ation, will be opened up along with transportation, infrastructure and energy, he said.
Li said China will further make it easier for foreign companies to set up a venture capital presence and will improve regulati
ons on foreign investors’ strategic investments in listed companies and their mergers with and acquisitions of domestic enterprises.
Also, preferential policies for investments from Hong Kong, Macao and Taiwan w
ill remain unchanged, and greater development opportunities will be offered for them, Li said.
Wang Huiyao, president of the Center for China and Globalizaton, said he was impressed by Li’s speech to cl
ean up rules and regulations inconsistent with the Foreign Investment Law as well as to launch a more streamlined negative list.
“It shows China’s attitude of further opening-up, which is a higher-level and more concrete commitment of China,” he said.
Leif Johansson, chairman of global biopharmaceutical giant AstraZeneca, said
Li’s speech reflects the determination to create a more open, fair and transpare
bird’s reproductive system was not behaving normally. The eggshell consists of two layers instea
d of one as in normal, healthy bird eggs, indicating the egg was retained too long inside the abdomen, Bailleul said.
This condition occurs in living birds as a result of stress. Unlaid eggs may be coated with a second laye
r, or sometimes more, of shell. This abnormality has also been documented in sauropod dinosaurs, and in fossil and living turtles.
In addition, the eggshell was extremely thin, thinner than a sheet of paper, and did not have the proportions of a healthy egg, Bailleul said.
hina’s civil aviation regulator has temporarily stopped issuing airworthine
ss certificates for Boeing 737 Max 8s because of safety concerns, a move an expert said will bring huge economic losses to Boeing.
Two Boeing 737 MAX 8s have crashed in the last five months. All 157 pa
ssengers and crew members of a 737 MAX 8 operated by Ethiopian Airlines died on Mar 10, includi
ng eight Chinese nationals. In October, the same model of plane, operated by Lion Air, went down over the Java Sea, killing 189.
cles are starting to gain momentum in the private market. With the overall vehicle market remaini
ng flat, sales of new energy vehicles last year reached 1.25 million, up 61.7 percent year-on-year, and
the figure is expected to reach 1.6 million this year according to the China Association of Automobile Manufacturers.
China plans to stop subsidies on new energy cars by the end of 2020. To ensure a smooth transi
tion, the government decides to achieve this goal by enacting policy in several phases. This year’s subs
idy standard was slashed 50 percent on average from 2018, Xinhua reported, citing a person with knowledge of the matter.
The source said the proportion cut is basically consistent with falling ratios of general cost for co
mplete vehicles, while pointing out with the rapid expansion of the NEV industry some enterprises tend
ed to become reliant on long-standing subsidies, leading to weak competitiveness.
The statement also asked local governments to remove subsidies on purchases o
f new energy cars after a three-month grace period starting Tuesday. Instead, more funds will be used
to build infrastructure, including charging and hydrogen refueling facilities, and to facilitate relevant services.
back the motion. Richard Harrington, who resigned as a junior business minister, accused the government of “playing roulette with the lives and liveli
hoods of the vast majority of people in this country” by failing to resolve Britain’s Brexit impasse.
The government said it was disappointed by the vote, claiming it “upends the balance
between our democratic institutions and sets a dangerous, unpredictable precedent for the future.”
But it also conceded that the new votes might be a way to break the months-long Brexit gridlock. May said she would “engage
constructively” with the results of the process, though sahe said she was skeptical that it would produce a decisive result.
The move raises the chances that Britain will tack toward a softer Brexit, and is likely to be welcomed by th
e EU. Guy Verhofstadt, the European Parliament’s Brexit coordinator, tweet that it was an “opportunity to build a cross-party coope
ration leading to an enhanced political declaration & a closer future relationship!”Earlier in the day, May ack
nowledged, “with great regret,” that her deal still lacked “sufficient support” to be approved as of Monday.
such an attitude. Any nation with very strong and rapid growth is always in a very difficu
lt position in public opinion because we are afraid about the strength of others,” he said.
“For example, we were afraid of cultural pressure from the United States in the 1960s, and 20 ye
ars later, we had the same feelings against Japan with its technological projects. Now, China is bac
k around the table of big nations. I think we have to accept that and not be afraid, but to discuss.”
Raffarin said the two countries are expected to close contracts and announce new projects. He also
said the dialogue between France and China could be very useful in forming a new vision for multilateralism in a changing world.
In addition to strong existing collaboration between France and China, including in the automotive, aviation and healthcare sectors, Raffarin said the most
important thing for the future of Sino-French relations is to identify third-country projects, such as the Hinkley Point C nu
clear power plant in the United Kingdom, which is jointly financed by China and France, as well as opportunities in Africa.
-border online shopping in China grew by 20.6 percent year-on-year to 7.6 trillion yuan ($1.1 trillion) in sales in 2017.
The nation is encouraging cross-border e-commerce transactions by easing the annual cap
on cross-border online purchases and adding categories of imports to the duty-free list, according to the Ministry of Finance.
Starting from this year, the annual duty-free quota for cross-borde
r e-commerce purchases for individual buyers will be lifted to 26,000 yuan from the current 20,000 yuan.
“The livestreaming form, as a new operation model for online marketplaces, could settle
the problem of information asymmetry,” said Chen Tao, an analyst with internet consultancy Analysys in Beijing.
Both Alibaba Group Holding Ltd’s Taobao and its rival J
D, two of China’s biggest online shopping sites, have launched their own livestreaming platforms.
Shop owners hire livestreamers with large fan bases to help promote their products, and meanwhile, a link to the purchasing page hovers on the streaming screen.
Monica Zhang, who lives in France with her husband, opened an online store on Taobao. She became a livestreamer last year.
trying to foment trouble across the Taiwan Straits. The US has already made a highly provocative move by
introducing the Taiwan Travel Act a year ago, as it allows high-level diplomatic exchanges between the US and the island. And now som
e in the US say Tsai, who doesn’t acknowledge the 1992 Consensus that there is only one China, should be invited to visit the US Congress.
By suggesting such an outrageous idea, these people are playing with fire, because if Tsai were
to visit the US, Sino-US relations would suffer a serious blow, and the security and stability across the Straits would be damaged.
To make matters worse, last week the US and Taiwan announced the launch of a new “dialogue
mechanism” to achieve closer “bilateral cooperation” and to defend and promote “shared values”. Titled
the “Indo-Pacific Democratic Governance Consultations”, the new “dialogue mechanism” is aimed at “exploring” way
s to increase “US-Taiwan exchanges” and pursue joint projects, said Brent Christensen, the highest-ranking US official posted in Taiwan.