Liu’s article was published in Qiushi Journal, a flagship m

magazine of the Communist Party of China Central Committee. He said more efforts a

re needed to implement the proactive fiscal policy and boost efficiency this year.

Preventing and defusing local governments’ hidden debt risks is key to controlling major risks, he said.

Innovative financial tools will be introduced for debt swaps, and the indebted comp

anies will be allowed to choose the same way, under guidance from the local governments, Liu Shangxi, hea

d of the Chinese Academy of Fiscal Sciences, the Ministry of Finance’s think tank, told China Daily.

“The total amount of hidden debt waiting to be swapped has not yet been calculated, as this

round of debt swaps will not involve the government’s administrative orders, but depends on the ma

rket’s appetite based on the evaluation of the potential default risks and the companies’ solvency,” he said.

9319888.org.cn

Hospital head removed after 5 infants diern Medical Univers

Investigators criticize lax management, failure to control enterovirus outbreak

Liu Ruilin, Party secretary and president of Shunde Hospital of Southern Medical University, has been

removed from his positions after five babies died and 14 fell ill during an enterovirus outbreak at the hospital.

The five newborns who died had other underlying diseases, such as pneumonia, before c

ontracting the virus, according to a statement from the Guangdong Health Commission on Saturday.

Thirteen of the sick babies have been discharged from the hospital, w

hile the other one continues to be treated and is in a stable condition, the commission said.

An investigation determined that the case became serious because

of the combination of the intestinal virus with lax hospital management.

www.roseway2013.org

Chinese couples should get one thing right: the educa

ation, health and safety of their children are very important, but so is their conjugal relationsh

ip. And they should realize that by leaving their children to enjoy some spare time on their own eve

ryday, they will help them develop into better human beings with abundant life skills.

Luo Huilan, a professor of women’s studies at China Women’s University

Teach children how to be a good person

People tend to get anxious when they are not certain about facing or handl

ing a situation. For example, a person won’t feel nervous if he or she knows in adv

ance the exact procedure to be followed and the time needed to catch a train from a specific station.

Chinese moms usually shoulder the main responsibility for their kids’ education an

d face criticism when their kids don’t succeed in their endeavor. Their anxiousness,

chinacctm.cn

As the world’s second-largest movie market with a grow

th rate of more than 9 percent three years in a row, the Chinese film market is extreme

ly open and inclusive with outstanding movies from around the world, fine works of Hollyw

ood in particular, being screened in China even before they are shown in other countries.

This shows China’s decision to open up its film market in the trough in 1995 was absolutely right. Since then the quota for Hollywo

od movies has been significantly raised from the initial 10 films a year. The opening up of the Chinese movie ma

rket proves that the more open and inclusive a film market is, the higher the number of good films it will generate o

wing to the active and beneficial exchanges with the world’s most advanced filmmaking countries.

The remarkable performance of about a dozen Chinese movies in recent

years makes it clear that well-made films that showcase Chinese culture and touch Chin

ese people’s hearts could not only become smash hits but also help spread Chinese culture. Which g

gqrcdg.cn

As an important power promoting human developm

ent and progress, international communicators should further play up their special role in advancing unders

tanding, deepening friendship and expanding cooperation in the fast-changing world. They should push world pro

gress in the right historical direction while promoting exchanges among civilizations and mutual learning.

First, we should act as promoters of exchanges among human civilizations. The mutual depende

nce, exchanges and learning of different civilizations give shape to the abundant and colorful world tod

ay. As the UNESCO Universal Declaration on Cultural Diversity points out, cultural diversity “is the common herit

age of humanity”. The diversity of human civilizations is a basic characteristic of the world, as well as a so

urce of the progress of humanity. In turbulent international situations, to maintain world peace, development and pr

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However, the consumption structure has changed, with

service consumption accounting for 47.7 percent, up 1.4 percentage points year-on-year

. Meanwhile, sluggish auto consumption dragged the whole consumption growth.

The continuous decline of auto consumption has become

a key for stabilizing this year’s consumption, said Liu Xiaoguang, a resear

cher at the National Academy of Development and Strategy at Renmin University of China.

Mao Shengyong, spokesperson for the National Bureau of Statistics, recently said t

hat based on March data, auto production fell, however, the drop was narrowing.

The National Development and Reform Commission was reportedly considering a sl

ew of new measure to boost spending on automobiles, home appliances and consum

er electronics products. It has sent a draft plan to encourage consumption in the three sectors.

ashtt.com

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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The school established an AI research institute in Decem

ber 2017 for graduate students. Many instructors at the school are working on AI-related res

earch so there will be no problem finding capable teachers for the new students, Lin said.

China’s booming AI industry has resulted in a growing demand for tal

ent. It is common for students in AI-related fields to have

already committed to companies before they even graduate and enter the job market, he said.

Master’s graduates majoring in AI can easily find jobs with salaries over 300,000 y

uan ($44,700) per year, and salaries for doctoral graduates are even higher, he said.

Chinese universities are catching up with their counterparts in the United

States in terms of basic research in AI and the numbe

r of published papers, yet they still lag behind in transforming research into application, he added.

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Tu Liangcheng, one of the leading scientists of the Tia

nqin project, said that the project has been going smoothly.

“So far nearly 200 Chinese scientists from more than 30 dome

stic research institutions and universities and about 30 researchers from at l

east eight other countries-including Russia, Italy, Germany and France-have participated in the pr

oject,” said Tu, who is also director of the gravitation center at the Wuhan university.

Shen Zhiqiang, head of the Chinese Academy of Sciences’ Shanghai Astronomical Observatory, and a membe

r of the EHT team, said the success of the first black hole image has encouraged Chinese scientists to engage in mo

re international collaboration and boost the country’s ability in studying deep space.

Chinese scientists participated in Hawaii and Spain in the observations

that yielded the black hole image. They were highly involved in follow-up data analysis and th

eoretical explanation throughout the two years that followed the five-day observations in April 2017.

cn-yongan.com

Urgency rises for tackling hazardous wastesipate after

The deadly blast at a chemical plant in Jiangsu province last month that left 78 dead clearly hig

hlights the urgent need to properly handle hazardous waste management in the country.

As central authorities tighten management by revising laws and issuing detailed

policies to support hazardous waste treatment, experts are calling for mandating

that facilities to process such waste be built in all chemical industry parks nationwide.

The explosion occurred on March 21 in Xiangshui county, Yanch

eng, at a Jiangsu Tianjiayi Chemical Co Ltd plant. The accident also injured more than 600.

The State Council, China’s Cabinet, set up an investigation

group and the probe into the cause of the blast is ongoing.

Multiple sources have suggested that the casual handling of hazard

ous chemical waste produced by the company could be a cause of the deadly blast.

China Chemical Industry News reported that the blast originated at

the company’s hazardous waste storage facility, citing a source close to the investigation group.

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