Some facts may be twisted and distorted to sensatio

nal proportions. But nothing can obliterate the tangible benefits the development initiative has brought. In less than six

years, the nascent Belt and Road are already changing development landscapes in multiple places and dime

nsions. Thanks to the initiative, East Africa has seen its first expressway, the Maldives its first cross-sea bridge, Belar

us its own car-manufacturing enterprise, and landlocked Kazakhstan finally has access to the sea.

And while China-Cambodia trade may not look to be in perfect balan

ce at this point, Belt and Road cooperation between the two neighbors is laying a solid fo

undation for the latter’s future progress. Take the Sihanoukville Special Economic Zone for instance. An exem

plary project under the framework of the Belt and Road Initiative, it is expected to host 300 enterprises, create 100,0

00 industrial jobs, and serve as a resident-friendly new community housing 200,000 people.

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Govt plans slew of policies to boost consumption

A slew of new policies aimed at encouraging consumption

in key sectors will be unveiled soon, China Securities Journal reported.

China’s retail sales of consumer goods rose 8.3 pe

rcent year-on-year to 9.78 trillion yuan ($1.46 trillion) in the January-M

arch period, according to the National Bureau of Statistics (NBS). In March alone, retail sales went up 8.7 pe

rcent to 3.17 trillion yuan, quickening from the 8.2-percent rise seen in the first two months.

In recent years, the government has, on the one hand, frequently intro

duced policies to promote opening-up, increase import and improve consumer welfare. On

the other hand, it has reduced and scrapped import tariffs on some consumer goo

ds. This has played an active role in consumption, Lian Ping, chief economist at Bank of Comm

unication said, adding that consumption still is the key driver for economic growth.

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Besides, the blasts in Sri Lanka indicate terrorists coul

ld also target areas that until now were considered terror-free, especially Asian tourist destinations such as the Maldives and Thaila

nd, because they attract a large number of Western people, as well as investments and interests. To prevent such

terrorist attacks, all countries have to make joint efforts to not only strengthen their security but also impr

ove their coordination so they can more effectively combat the common threat of terrorism.

Even though there is no evidence to show social media played a role in the attacks in Sri Lanka, all countries should strengt

hen supervision of the internet because it is being increasingly used to spread terrorism and plan terrorist atta

cks. The IS group’s online tyranny could be more dangerous compared with its actual presence in a country as a ban

ned organization, because its online propaganda could prove more effective in leading people astray.

Therefore, governments — with the active help of internet companies — have no choic

e but to play a bigger role in containing the spread of terrorism online.

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Xi’s remarks will guide younger generations in taking his

tory as a mirror, and combining their personal ideals with the dream of national rejuvenation, Hu Xianzhong, a senior re

searcher at the China Youth and Children Research Center, said in an article published by China Youth Daily on Sunday.

Since the movement began nearly a century ago, the country’s youth

has been collectively marching with the times and the people under the leadership of the C

PC-whether in periods of revolution, construction, or in the nation’s campaign of reform and openingup, Hu said.

As the centenary of the movement draws near, a good understanding of its history will make yout

hs know more about why their futures are closely connected with the rejuvenation of the Chinese nation so that

they will find their niches and play bigger roles in the country’s socialist cause, he added.

Chen Yuhao, a postgraduate student at the U

niversity of International Business and Economics, said the spirit of patriotism, progress, democracy and s

cience is still the core value of Chinese youth, and should be upheld and carried forward in the new era.

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Unlike the second version, the latest one included rule

on the new science and technology innovation board, which will pilot the registration-based IPO system, according to Xinhua.

To accommodate the progress of reforms and development of the capital market, other modifications have also been made, cov

ering public issuance of securities, securities trading, and the protection of investors’ rights and interests, Xinhua said.

Dong expects the latest version to legitimize registration-based IPO systems not only

on the new board, but also across China’s whole A-share market. “Once the system achieves success on the n

ew board, it should be adopted on other submarkets as soon as possible,” Dong said.

President Xi Jinping announced in November that China will launch the S&T innovation board and pilot the registr

ation-based IPO system. Analysts expect the new board to begin trading around the middle of this year.

“The latest draft is expected to make comprehensive revisions, and it could go a long way

toward restoring public investors’ confidence and modernizing the regulation and governance of the ca

pital market,” said Liu Junhai, director of the Business Law Center at Renmin University of China.

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China releases report on progress, contributions and pro

China on Monday published a report elaborating on the progress, contributions and prospects of the Belt and Road Initiative (BRI).

The document, prepared by the office of the leading group for promoting the BRI, was released ahead

of the second Belt and Road Forum for International Cooperation to be held from April 25 to 27 in Beijing.

The Belt and Road Initiative is an initiative for peaceful

development and economic cooperation, rather than a geopolitical or military alliance, said the rep

ort. “It is a process of open, inclusive and common development, not an exclusionary bloc or a ‘China club’.”

“It neither differentiates between countries by ideology nor plays the zero-sum

game. Countries are welcome to join the initiative if they so will,” according to the report.

The BRI has turned ideas into actions and vision into reality, and i

tself into a public product widely welcomed by the international community, the report said.

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We believe that with the passing of time and the sy

nergy of all parties, Belt and Road cooperation will definitely become deep and concrete, steady and extensive,” the report said.

“The Belt and Road will become a road of peace, prosperity, opening up, green development, innovatio

n, connected civilizations, and clean government. It wi

ll make economic globalization become more open, inclusive, balanced and beneficial to all.”

China will improve its oversight of human related scientific research and medic

al tests under draft laws and amendments submitted to China’s top legislature for review on Saturday.

Medical and scientific research related to human genes and embryos mi

ght present risks to health or violate ethics, and they must be strictly regulated therefore, said She

n Chunyao, senior legislator of the Constitution and Law Committee of the National People’s Congress.

A new item has been added to the country’s draft civil law, requiring that all

medical and scientific research related to human genes and embryos must f

ollow strict rules, laws and regulations, and should not pose a threat to people’s health or violate moral or ethical codes.

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hinese Navy to send huge fleet to take part in sea parade

Qiu Yanpeng (middle), deputy commander of the PLA Navy, attends a press confer

ence for the upcoming multinational naval activity to mark the 70th anniversary of the People’s Liber

ation Army Navy at the press center in Huanghai Hotel in Qingdao, Shandong province, Ap

ril 20, 2019. About 200 journalists from home and abroad attended the press conference.Chinese Navy

will send 32 warships and 39 aircraft to take part in a joint sea parade in waters near Qingdao.

Nearly 20 ships from about 10 countries will participate in t

he sea parade on Tuesday, deputy commander of the PLA Navy Qiu Yanpeng said.

A Singapore Navy frigate arrived on Friday in Qingdao, Shan

dong province, becoming the first foreign warship to arri

ve ahead of a grand event to honor the 70th birthday of the People’s Liberation Army Navy.

The PLA Navy will hold multinational naval activities in Qingdao and nearby waters from

Monday to Thursday to celebrate its founding anniversary. They will include a joint sea parade, high-level sympo

siums, public tours of ships, military music performances and other cultural exchanges.

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Politburo upbeat on economic datag Motors on the assem

China’s economy grew better than expected in the first quarter and market confidence was raised in

an outstanding way, according to a statement from a meeting presided over by President Xi Jinping on Friday.

During the meeting of the Political Bureau of the Communist Party of China Central

Committee, members analyzed the current economic situation and made plans for economic work.

In the first quarter, government departments pushed forward high-quality growth, deepene

d supply-side structural reform and carried out positive fiscal policy and stable monetary policy, the statement said. Main mac

roeconomic figures were in proper range, and reform and opening-up was pushed forward continuously, it said.

The statement said lots of difficulties and problems remain in economic development, with m

ore tension in the external economic environment and downward pressure on the domestic economy. Government departments shou

ld remain steadfast and be brave in overcoming difficulties in economic development, it said.

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It’s regrettable that the US treats academics like me in

such an unfriendly and offensive manner,” Wang said, adding t

hat Washington’s decision shows that the country has become an “oversensitive and

paranoid one which has a lack of confidence in dealing with diplomatic relations”.

A number of Chinese social scientists have had similar experiences when their US visas were revoked.

Zhu Feng, executive director of the China Center for Collaborat

ive Studies of the South China Sea at Nanjing University, told the Global Times news

paper in Beijing that his 10-year US visa was crossed out by FBI agents, canceling it, whe

n he was about to board a flight back to Beijing at Los Angeles International Airport in March 2018.

Zhu said the FBI first threatened to revoke his visa if he did not cooperate with their inquiry.

“‘Go back to China’,”Zhu recalled an agent telling him during that visit. “You will receive a notification.”

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