China will improve the market environment for c

 car sales and expand the supply of automobiles as part of its latest efforts to boost auto consum

ption, Gao Feng, the spokesperson for the Ministry of Commerce, said at a press conference early this month.

By the end of 2018, China’s six cities namely Beijing, Shanghai, Shenzhen, Guangzhou, Hangzhou and Tianijin carried

out the purchase restriction of fuel-powered passenger cars, said Shao Jiang, an analyst at Everbright Securities. “If thes

e cities double their rising number of new cars, it could bring a 2.8 percent year-on-year growth for the wh

ole passenger car market.”Editor’s Note: The eight explosions in Sri Lanka on Easter Sunday have claimed more tha

n 300 lives and left over 500 people injured. A ninth explosion was reported on Monday near a church in Colombo, but n

one was reported killed or injured. The Islamic State reportedly claimed responsibility for the bombings on Tue

sday. Two experts share their views on the attacks with China Daily’s Liu Jianna. Excerpts follow

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Specifically, the draft likely will and should feature key

 reforms to foster an investor-friendly legal system, represented by strengthened information disclosure, prot

ection of investors’ rights and interests, and crackdown on legal breaches, Liu said.

China must promote the healthy development of the capital m

arket through key institutional innovations, the Political Bureau of the Communist Part

y of China Central Committee, the Party’s core leadership, said a statement released after a meeting on Friday.

Dong said the revised law is likely to be adopted by the end of the first half of the ye

ar, adding it is imperative and possible to expedite rolling out the revised version.

“Previously, controversies over the registration-based IPO system reform ha

ve prolonged the revision process, but now this factor has been largely lifted,” he said.

“As foreign investors are set to play a bigger role in China’s capital

market development, the revised law should also consider clarifying the rights and oblig

ations of overseas investors, to help them form a stable policy expectation,” said Xue Yi, an associate p

jsLongsun.com

he monetary policy should “maintain strategic focu

cus”, keeping it prudent while the liquidity should be at a reasonably adequate level, it said.

Financial policies are required to further support small and private companies, and fun

ding through the capital market is supported by the authorities, according to the statement.

The central bank had skipped open market operations for 15 conse

cutive working days until Monday. “Reasonable and adequate liquidity in the banking syste

m” was the main reason for the absence of open market operations, according to a statement from the central bank.

To cut or not to cut the RRR, a strong tool for liquidity adjustm

ent, has become a hot topic since April, not only for investors, but also for policy advisers.

Divergent opinions are spreading among a broader group of market observer

s. The market is trying to get more indications from the monetary authority, although the C

hinese central bank barely sends any hints on possible monetary policy operations before taking action.

www.gjrcpx.org

While this takes place, I would like to pay tribute to the

officers involved this morning who responded swiftly to this incident and put thems

elves in harm’s way, as they do every day, to keep the people of London safe,” Walker said.

The police said the incident was not related with terrorism.

According to media Sky News, police opened fire on a vehicle outside the Ukrainian emb

assy after the driver deliberately rammed into the official car of the country’s ambassador to Britain.

“The ambassador, Natalia Galibarenko, was not at the embassy at the time and no other staff were injured,” said the report of Sky News.

The 16th Chinese Bridge, an annual Chinese proficiency contest for school kids, college

students and adult learners of Chinese, was held at the University of Latvia Friday and Saturday.

This year’s competition, themed One World, One Family, gathered 64 contestants

in total in Latvia, including 14 in the adult group, 24 in the high school group and 24 in the primary school group.

The contestants were required to demonstrate their Chinese language skills by introducing themselves and m

aking speeches on various topics in Chinese, participate in a quiz on Chinese culture and perform in a talent show.

Each division, namely college students, high school students and

primary school students, has three groups of senior, intermediate and junior.

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Shanghai Astronomical Observatory, which leads the

 country in very-long-baseline interferometry, the technique the telescope array used for

the black hole image, took the lead in organizing and coordinating Chinese researchers particip

ation in the EHT observations and studies, Shen said. That allowed Shanghai to b

e one of the six cities worldwide involved in the simultaneous news conferences on Wednesday.

No Chinese telescope-including the Five-hundred-meter Ape

rture Spherical Telescope, the world’s largest filled-apertur

e radio telescope, in Guizhou province-was involved in the EHT observations.

Yuan Yefei, a professor in the University of Science and Technology of Chi

na’s astronomy department, also an EHT team member, said the Guizhou telesco

pe did not take part mainly because its wavelength band was not what EHT needed for this observation.

www.xujiaqing.net.cn

Beijing News also reported that the facility caught fir

 before the explosion. The facility is adjacent to a

natural gas station, the explosion of which caused the tragedy, the report said.

An assessment report on the factory’s environmental protection

facilities drafted in July 2018 by the Jiangsu Provin

cial Academy of Environmental Science showed that Tianjiayi has a warehouse wit

h a floor area of more than 1,000 square meters to store industrial waste, which includes tar and methyl alcohol.

The assessment report said the plant generated on average about 11 metric tons of solid waste and w

aste­water per day, and there has been an accumulation of 4,500 tons of hazardous waste in the factory every

year. While some of the waste materials are transported out for disposal, others are processed within the factory.

A special license is required to dispose of hazardous waste in China. Accor

ding to the Jiangsu’s Department of Ecology and Environment, 460 enterprises in the prov

ince had the necessary licenses as of the end of 2018, but Tianjiayi was not among them.

Official records also show that Tianjiayi had been punished at least twice for violations in waste management.

www.meilita.cn

Xiongan New Area afforests over 1,400 hectaresngan New

The Xiongan New Area in north China have completed an afforestation project of more tha

n 1,400 hectares with several green belts built this spring, the Hebei provincial forestry and grassland bureau said Sunday.

By the end of March 29, Xiongan had planted trees covering an area of 1,466.7 hectares.

In 2018, Xiongan New Area afforested a total of 7,333 hectares, increasing the area’ forest coverage by 6 percent.

In January, China’s central authorities approved the 2018-2035 master plan for Xiongan. According to the plan, which str

esses high-quality development, Xiongan will become a modern city that is green, intell

igent and livable with “relatively strong competitiveness and human-environment harmony by 2035.”

Hebei will beef up afforestation programs. A total of 513,333 hec

tares of forest will be added in the province in 2019, increasing the forest coverage to 35 percent.

The province began a three-year afforestation campaign in 2018, planting more trees to build a “green wall” for Beijing.

dyrbrn.cn

Four-day May Day holiday offers best of both the worlds

Editor’s Note: The May Day holiday this year would be extended to four days. When Premier Li Keqiang was asked at a news con

ference during the recent second session of the 13th National People’s Congress whether China would res

ume the May Day golden week holiday, he said relevant departments were studying the issue and would serio

usly consider the public’s opinions before making a decision. What effects will a four-day holiday have on the people and

the economy? Two experts share their views on the issue with China Daily’s Liu Jianna. Excerpts follow:

Holiday answers people‘s appeals

The four-day holiday will, to a large extent, meet Chinese people’s require

ments for a better life, including the growing desire to enjoy quality longer vacations both at home and abroad.

There have been calls for longer holidays ever since the May Day golden

week holiday was reduced to three days. And the extension of the May Day holiday to four

days this year suggests the government has been taking public opinions into serious consideration.

riuy8.cn

EU ready to grant Brexit delay if UK parliament backs dealpe

LONDON – The European Union could grant Britain’s request for a short Brexit delay if parliament vote

s next week in favour of a stalled departure deal, European Council President Donald Tusk said on Wednesday.

Prime Minister Theresa May asked the European Union to allow Britain to delay its de

parture date by three months to June 30, and EU leaders are expected to discuss the matter at a summit on Thursday.

Tusk said it would be possible to grant Britain a short postponement if parlia

ment next week backs May’s divorce agreement, which it has already voted down twice.

Should that happen, Tusk said no extraordinary EU leaders’ summit would be need

ed next week before the current Brexit date of March 29. Otherwise, he might call another summit.

“I believe that a short extension will be possible, but it will be conditional on a positive v

ote on the Withdrawal Agreement in the House of Commons,” Tusk told journalists.

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Demonization of Huawei will prove to be a political farce

China’s Palace Museum signed an agreement on Friday with Huawei Technologies Co Ltd to promote the use of its 5G telecommunications technology. With

the new generation telecoms technology, the Forbidden City, which is the tourist site that welcomes the largest nu

mber of visitors in the world each year, will definitely provide state-of-the-art services.

Supported by the much faster mobile network, the museum will likely be digitalized to such

an extent that visitors thousands of miles away may be able to explore it in virtual reality. And those visi

ting it in person will be able to learn about the treasures it houses in greater detail with the aid of digital technology.

In the past 20 years since the museum started to facilitate its work with digital technology, a lot

of information about the cultural relics it preserves has been provided on its app, and multiple dig

italized ways have been employed for visitors to have a more rewarding experience.

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