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tivity of infrastructure, unimpeded trade, financial integration and closer people-to-people ties as its main goals, has advanced in solid steps, the report said.
“Significant progress has been made, including a number of landmark early results. Participating countries have obtai
ned tangible benefits, and their appreciation of and participation in the initiative is growing,” according to the report.
With a view to building a global community of shared future, the BRI uphold
s the principles of extensive consultation, joint contribution, and shared benefits, the report said.
“Through the initiative China has made a constructive contribution to the reform of th
e current global governance system and to economic globalization,” according to the report.
The report said China would face many problems and challenges in pursuing the BRI in
the future as well as unprecedented opportunities and prospects for development.
Smog in greater Beijing area could be thickened by 15 percent, experts say
Climate change has been making meteorological conditions in the
greater Beijing area more conducive to the generation of haze, and combined with heavy s
mog, the situation could trigger a rapid increase in the concentration of airborne pollutants, researchers said.
The National Joint Research Center for Tackling Key Problems in Air Pollution Control demonstra
ted that without a reduction in the discharge of pollutants, air quality in the Beijing-Tianjin-Hebei cluster
could worsen by about 10 percent and even up to 15 percent in some cities because of unfavorable meteorological co
nditions, the China Meteorological Administration said in a release on Thursday.
Heavy air pollution and a high concentration of particulate
matter is more likely to be seen when wind speeds are lower than 7.2 kilometers per hour, rel
ative humidity is above 60 percent, and there is less than a 500-meter high “mixin
g layer”, which refers to the atmospheric height over which pollutants can be dispersed, it said.
JD Logistic, the logistics arm of the Beijing-based tech heavyweight JD
.com, will cancel the basic salary for delivery staff , CEO and Chairman Liu Qiangdong said i
n response to arguments on the company’s salary adjustments in an internal email sent on Monday.
JD Logistics lost over 2.3 billion yuan ($342.9 million) in 2018, its 12th consecut
ive year to lose money. If the situation continues, Liu said, the company would only last for two more years.
If internal settlements are deducted, JD Logistics lost more than 2.8 billion yuan last year.
The main reasons for the loss are few external delivery orders and high internal costs, Liu said.
The company has only two choices, according to Liu: one, increase external delivery orders to promote external inco
me growth; the other, reduce staff members’ well-being to the level of other express companies.
Reducing fund ratios to average levels and canceling the basic salary a
ims to encourage couriers to get more external delivery orders and increase revenue.
ping via livestreaming services could completely and truly demonstrate the detailed infor
mation of overseas products to domestic consumers, and have gained wide popularity with the younger generation.
Zeng added that the consumers’ demands have become more p
ersonalized and diversified. “They have higher requirements for high-quality and cost-effe
ctive products, which brings out huge opportunities for cross-border e-commerce industry.”
It is noteworthy that the post-90s generation favor niche
and designer brands, and also are addicted to livestreaming videos, Zeng said.
Founded in 2010, Ymatou is a consumer-to-consumer or C2C marketplace engaged in cross-border e-commerce.
By the end of the second quarter in 2018, the site had about 50 million users and hired more than 60,000 overseas buyers in 83
countries including the United States, the United Kingdom, Japan, South Korea and Australia.
understanding as an opportunity to connect the BRI with Italy’s own development plans, including building seaports in northern Italy, Xi said.
He called for upgrading bilateral cooperation in such priority areas as space technology, inf
rastructure, transportation, environment and energy, and also expanding third-market cooperation in relevant fields.
Conte said he considers participation in the BRI as a historic opportunity for Italy, a
nd trusts the move will help the two countries tap potential for bilateral cooperation.
Conte added that he expected to attend the second Belt and Road F
orum for International Cooperation, which will be held in Beijing next month.
Italian economist and China expert Michele Geraci hailed the memorandum of understandi
ng signed between the two countries as “a win-win-win for Italy, the rest of Europe and China”, and said he be
lieves more European countries will follow his country’s lead and sign up to be involved in the BRI.