lower-income－some growing and others not) developing countries will be of huge importance in red
ucing poverty further. Although these countries face significant headwinds, they could also seize imp
ortant new growth opportunities－especially with the help of digital platforms.
The headwinds are certainly considerable. For starters, advances in digital technolo
gies－robotics, machine learning, sensors, and vision－directly threaten the labor-intensive manu
facturing and assembly upon which lower-income, nonresource-rich economies have traditionally relied.
Moreover, climate change has had its greatest economic impact on the tropical and subtropical regio
ns where most of the lower-income countries are located. The effects of global warming are highly disrup
tive in fragile economies, and, taken together, constitute a major new obstacle to growthle
in fact a type of aluminum alloy that can be used to imitate the shape of traditional Chinese a
rchitecture at a low cost. It is an example of how modern technology is applied at the ex
hibition,” Li Liang, a designer of the pavilion, was quoted by Beijing Daily as saying.
By installing rainwater collection devices on the roofs and tanks beneath the pavili
on, a mini ecological circulation has been created by gathering rainwater to irrigate the terraced fields.
Shen Yanyan, who camea with her family from Jiangxi province for a visit, said that
although she didn’t know much about design, she felt the building was “very cool”.
“We saw its shiny roof upon entry to the park and we were immediately attracted,” said the 33-year-old. “The Chin
a Pavilion is not only beautiful outside, but also inside. My mother is very happy to see flowers from so many pro
vinces and regions of the country, and all are well-trimmed and placed in the pavilion’s exhibition halls.”
Hainan provincial health authorities have revoked Boao Yinfeng Healthcare International H
ospital’s business license, for illegally administering HPV 9-valent vaccines, according to a statement Sunday.
Located in the Boao Lecheng International Medical Tourism Pilot Zone, the hospit
al has since January last year vaccinated 37 customers with HPV 9-valent, charging each 9,000 yuan.
They did so without obtaining an official vaccination outpatient license, said the statement.
It said the local health commission of Qionghai, where the Boao pilot zone is loc
ated, on April 18 issued the hospital a notice of penalties, including a warning, confiscati
on of illegal income, a fine of 8,000 yuan, and a revocation of its business license as a medical institution.
ancing needs, sustainable development and debt sustainability, according to Finance Minister Liu Kun.
“We will build a high-standard and high-quality financing system to s
upport long-term and sustainable BRI investment while preventing debt risks,” Liu said.
He suggested promoting financing cooperation for projects in
third-party countries, equity investment and attracting more private funding.
Enhancing debt and risk management is a key consideration for deepening BRI financi
ng cooperation, said Yi Gang, governor of the People’s Bank of China, the central bank.
“The debt issue in developing countries should be treated objective
ly. If debt growth is accompanied by infrastructure improvement, enhancement of people’s liveliho
ods and productivity and poverty reduction, it will be beneficial for the sustainability of long-term debt,” Yi said.
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.