Nation remains on the right track of maintaining gro

Nation remains on the right track of maintaining gro

The National Bureau of Statistics reported last week that China’s top-line GDP growth rate

in the first quarter was 6.4 percent, at the upper end of the government’s target of 6 to 6.5 percent grow

th for 2019. This faster-than-expected growth gives policymakers some breathing room to continue a stable mone

tary policy and to implement fiscal policies aimed b

oth at transforming the economy and at reducing the risks of accumulated debt.

Chinese policymakers are dealing with the hard dilemma of simultaneously transformi

ng the long-term nature of the economy while avoiding short-term inflation or recession. To transform the econo

my, the nation needs to continue to reduce outstanding debt levels and shift from overcapacity heavy and extractive indu

stries to a more innovative, consumer-focused economy. The danger is that moving too fast in that direction coul

d throw lots of people out of work or cause the financial collapse of companies.

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Beijing to enlarge collaborative outreachcorations are pre

Beijing to enlarge collaborative outreachcorations are pre

Beijing’s municipal government has built bridges between Chinese co

mpanies and countries associated with the Belt and Roa

d Initiative in recent years and plans to enlarge its communication in more fields in the future.

Xiong Jiuling, head of Beijing’s Foreign Affairs Office, said the capital w

ill make greater efforts in nongovernmental exchange programs this year by enh

ancing cooperation in commerce, technology, culture, education and urban management with other nations.

“We will employ better arrangements and methods to coordinat

e different departments to realize our target without increasing government spending,” she said.

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Only in this way can the development be sustainable,

Only in this way can the development be sustainable,

Zhonghao Overseas Construction Engineering Co, a Beijing-based private company established in 2001, has been drill

ing wells in countries involved in the Belt and Road Initiative, including in Algeria, Ghana, Kenya, Nigeria and Uganda.

Tian Chao, president of the company, said those projects have provid

ed jobs for local people, solved their water problems and helped balance foreign exchange.

“The projects are platforms for more influential good things that we can do for those countries,” he said.

The company said it has drilled about 10,000 wells in 275 projects in those countries, with a total c

ontract value of $510 million. The wells ensure that more than 20 million African people can drink clean water, Tian said.

At present, the company employs around 200 Chinese in Africa, with an average age of 30. The company has been inve

sting in projects that are beneficial to local communities in Africa, with the help of Beijing’s Foreign Affairs Office.

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Messi shines as Barca secure their 8th league title in  year

Messi shines as Barca secure their 8th league title in year

Leo Messi scored the only goal of the game as FC Barcelona

beat Levante 1-0 to assure the 2018-19 Liga Santander title on Saturday night.

Barca coach Ernesto Valverde again rotated his starting 11 for the game and Messi spent the fir

st 45 minutes watching from the sidelines. Barca controlled the first half with Luis Suarez and Philippe Cou

tinho testing Levante keeper Aitor Fernandez, who was his side’s best player in the opening 45 minutes.

Despite Barca’s dominance, they were unable to open the scorin

g and Messi replaced Coutinho at the start of the second half to try and find a way through.

He was on target for the 34th time in the league this season in the 62n

d minute as he fired home a left foot shot following a headed pass from Arturo Vidal.

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Sinosure, established in 2001, said that it has suppor

Sinosure, established in 2001, said that it has suppor

rted Chinese companies export or invest in countries and regions involved

in the Belt and Road Initiative to a total of value $724 billion by the end of March, since 2013.

It has set up more than 2,300 insurance policies for projects that Chinese companies are carrying out in countries involve

d in the Belt and Road Initiative, and has paid a total of $2.8 billion in insurance claims to Chinese companies.

The Belt and Road Initiative, proposed by China in 2013, aims to build stronger links among countries across the globe.

Guan Wenfeng, assistant general manager of Sinosure Fujian bra

nch in Fujian province, said that about 10 years ago he needed to keep telling companies tha

t have international business or want to invest overseas what policy-oriented insurance products are. But gradually m

ore companies started contacting Sinosure to find out about insurance services for investing overseas.

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Chen Zhongjie, general manager of Hongdong Fishe

Chen Zhongjie, general manager of Hongdong Fishe

a company based in Fujian province, said that as a private fishery company, it is difficult for it to o

btain loans for investing overseas, and his knowledge about overseas markets is limited.

Sinosure’s insurance services have helped Hongdong obtain financing and accelerated Hongdo

ng’s construction of a whole industrial chain fishery plant in Mauritania, where infrastructure was very poor.

“Chinese companies do invest in the fishing industry overseas, but ev

erybody faces different situations, including differences in policies, regulations and cul

tures,” Chen said. “Sinosure has given us a lot of information about investment destinations. Its insurance services have increas

ed our credit and helped us obtain financing from banks, which in turn has helped ensure the success of our project.”

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Vision China events have been previously held in B

Vision China events have been previously held in B

eijing, Hangzhou, Johannesburg and London. The events have been broadcast live on inter

net and multimedia platforms, reaching an international audience, particularly young people.

This upcoming event will also be broadcast live on the China Daily website and ap

p, as well as China Daily’s account on Sina Weibo, Tencent Video, Toutiao, Bilibili, Facebook and Twitter platforms.

A former Peking University student suspected of killing his mother has been captured after th

ree years on the run, said a Fuzhou Public Security Bureau official on Thursday, Beijing News reported.

Wu Xieyu was caught at Chongqing Jiangbei International Airport when boa

rding a plane on April 21, the newspaper reported, quoting sources close to the police.

The Belt and Road Initiative aims to build the Silk Road Economic Belt and the 21st Century Maritime Silk Road and deliver polici

es, infrastructure, trade, financial and people-to-people connectivity via a new platform for a brighter futur

Man suspected of killing mother arrested after three years on the run

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The Belt and Road Initiative is now running for a coupl

The Belt and Road Initiative is now running for a coupl

of years and has achieved success even in Europe, but it is not finished yet and it should be a win-wi

n situation for China and Europe. China is a very big market and an important global player.

China is Germany’s biggest trading partner, so I think there will be a good future for the two countries.

The Belt and Road Initiative has been a very successful integration proj

ect which is bringing China closer to the world. President Xi Jinping’s speech today is outli

ning that more and more countries can participate, share prosperity, as well as win-win results.

I think that the future will be bright and that especially t

he West needs to better understand what this Belt and Road Initia

tive means and why this shared prosperity can be created and benefit people across the world.aime Irachande Gouv

eia, coordinator of Belt and Road Initiative Research Center at University Eduardo Mondlane, Mozambiqu

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President Xi’s speech emphasized on broadening China

President Xi’s speech emphasized on broadening China

 Belt and Road Initiative and creating a global image of this initiative, so that there will

be more connectivity and more trust in this international intercontinental project.

I am from Afghanistan and we have a lot of opportunities for China’s investments. China is trying to in

vest in our railway network, which is a very promising way to create a corridor to the Central Asia. Then

Afghanistan can provide a very safe connection from China, Central Asia to the rest of the world.President Xi’s speec

h was very impressive. He spoke on opening all the economy of the world and working against protectionism. He also said

to make more efforts to give a better quality of Belt and Road Initiative to connect all the other countries. I’m very op

timistic with the progress on the Belt and Road Initiative and I hope more countries will participate in the initiative.

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President Xi’s speech deeply motivated us and touch

President Xi’s speech deeply motivated us and touch

ed our heart. I have the same feeling about world development. The speech really firms our belief in a more intercon

nected and mutually developed world. China’s policy of persisting in reform and opening up is an inspiring polic

y to the world. It will build so many bridges of mutual development for the belt and road region. China is going to main

tain a friendly and peaceful development attitude, and it will help the Belt & Road countries to get investment wit

h high quality. Also, President Xi really showed us a new model of development and investment, focusing on s

ustainable development, green economy, which helps the world to become a better place to live.

More Chinese will take medium- and short-distance trips during the May Day holiday after it was ext

ended to four days and travel time by high-speed train was shortened, according a travel report released recently.

The Labor Day holiday this year has been extended from one to four

days, according to the State Council’s response to an appeal from the public in March.

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