On the total length in planning, Beijing, Shanghai and

Guangzhou all w阿拉爱上海女神会所ill build subways covering more than 1,000 k

ilometers, and Shenzhen, Wuhan and Chengdu plan to reach 800 kilometers.

However, the financial situation in operating these urban rail networks was not satisfactory. While

over 600 billion yuan ($86.69 billion) invested into the sector in more than 30 cities last year, o

nly a few cities managed to break even, according to the 21st Century Business Herald.

Data from 28 cities showed that the ratio of revenue and expenditure stood at 78 percent in

2018 after increasing 8 percentage points from the previous year. Only four cities — Hangzhou, Qin

gdao, Shenzhen and Beijing — achieved balance last year, and the rest of 24 cities operated at loss.

www.51kuban.com.cn


Fortunately, a growing number of Chinese high net wort

th investors have started to realize the importance of not putting all their eggs in one basket, said Zi Yu

an, head of investment platforms and solutions at UBS Securities. One solution is to hold dif

ferent currencies to avoid the possible risk of the exchange rate fluctuation of one single currency.

“They are looking at more overseas markets. Different markets sometimes are litt

le connected. For example, the Chinese stock market was really disheartening last year. But if an investor all

ocated his assets in the US stock market or other markets with high yield bonds, the loss in the Chinese stock m

arket will be offset and the stability of the entire investment portfolio will be further consolidated,” he said.

www.iglhlg.cn


China’s determination to expand opening-up and the ong

going reform measures have made its financial market increasingly appealing to overse

as investors,” the administration said on Monday in a statement on its website.

“The administration will continue to support the opening-up of financ

ial markets, meet demand from overseas investors to expand investment in the ma

rkets and attract global long-term capital to enter China’s financial markets,” it said.

Given the stable performance of the yuan and expectations of balanced capital flows, China’s fore

ign exchange reserves remained stable in April, reaching $3.095 trillion by the end of last month, co

mpared with $3.099 trillion by March, according to data released by the administration on Tuesday.

China is willing to see the accelerated development of the onshore capital market, said analysts, allowing direct fi

nancing to play a more significant role in allocating savings and investment, and better serve the economy.

www.xwcqkp.cn


President mourns plane tragedyafter an emerg enemetyevo

Investigation underway to find out cause of fire that claimed 41 lives at Moscow airport

President Xi Jinping extended condolences to his Russian counterpart Vladimir

Putin on Monday over the victims of a fire on a passenger plane on Sunday in Moscow.

The landing plane was engulfed in flames, leaving at least 41 dead on Sunday at Sheremetyevo Airport.

Xi said in his message that he was shocked that the plane burst into flames as it ma

de an emergency landing at She­remetyevo Airport in Moscow, which led to major casualties.

On behalf of the Chinese government, the Chinese people and himself, Xi extended deep co

ndolences to the victims and his sincere sympathy to the bereaved families and the injured.

Also on Monday, Premier Li Ke­qiang sent a condolence message to Russian Prime Minister Dmitry Medvedev over the accident.

bwdq.com.cn


The BRI originated in China but its opportunities an

 outcomes belong to the world, Xi said, adding that the second forum sen

ds a clear message to the world: The BRI will have a brighter future as the circle of its

supporters expands, as good partners increase and as the quality of cooperation improves.

Around 5,000 people from some 150 countries and about 90 international organizations attended the forum.

Participants hailed the BRI as a great initiative for economic cooperation, saying it is conducive t

o promoting connectivity and enhancing international cooperation in fields such as trade, investment and sustainable development.Calling Belt and Road con

struction a path to common prosperity, Xi said that early results from the BRI op

en up more space for global economic growth, build a platform for international cooperation and make new co

ntributions to the building of a community with a shared future for mankind.

gzbbam.com


schedule must not be imposed on workersschedule

Editor’s note: The “996” schedule (working from 9 am to 9 pm, six

days a week) has sparked a heated public debate, because many workers don’t get any ove

rtime pay and, worse, could end up in the “”. The “996” phenomenon is rampant in the high-tech and internet compani

es. Some internet company chiefs have added fuel to the debate by saying they want their workers to “work hard”. T

hree experts share their views on the issue with China Daily’s Yao Yuxin. Excerpts follow:

Labor Law should never be violated

Given the fierce competition in the high-tech sector industries, start-

ups have to take drastic measures to survive, let alone thrive. To develop new products, and pr

oduce and market them, companies need a great deal of resources and ski

lled manpower. Perhaps this is the reason they make their employees work overtime.

But forcing the “996” schedule on the workers is illegal. To p

rotect the rights of workers, the Labor Law stipulates that employers

should not force their workers to work more than eight hours a day, or more than 44 hours a week. If emplo

www.changjiangjiaoxiang.cn


President Xi Jinping meets Myanmar Commander-in

China would like to enhance strategic communication and deepen cooperation with Myanmar

no matter how the international situation changes, President Xi Jinping said on Wednesday.

Xi made the remark while meeting with Myanmar Commander-in-Chief of Defen

se Services Senior General Min Aung Hlaing at the Great Hall of the People in Beijing.

The two countries should deepen their comprehensive strategic cooperation to bring more practi

cal benefits for the people of both countries and contribute to regional stability and prosperity, Xi said.

Noting that military cooperation is an important part of China-Myanm

ar relations, Xi said that the two armies should enhance pragmatic cooper

ation and build bilateral military relations on the basis of mutual trust and benefit.

Xi said that China supports the peace process of Myanmar and pays attention to t

he development of the political and security situation in the northern part of Myanmar.

suiyincoin.cn


Irish Prime Minister Leo Varadkar said Saturday that it w

was “extremely unlikely” any of the 27 countries would veto a delay.

AP”If one country was to veto an extension and, as a result, impose hardship on us, real problems for the Dutch and Belgians

and French as neighboring countries (to the UK)…they wouldn’t be forgiven for it,” he told Ireland’s RTE radio.

magnitude earthquake at a depth of 17 kilometers was detected at 1:25 pm on Sund

ay in Beijing’s Haidian district, according to the China Earthquake Networks Center.

Two earthquake experts said the minor quake was a normal activity in the earth’s crust caused by chan

ges in crustal stress, and there is no need for the public to panic, according to a report on huanqiu.com.

“It is a normal and isolated event,” said Guo Xun, dean of the Civil Engineering School at the Institute of Disaster Prevention.

“As Beijing is at the junction of the earthquake zones of Shanxi province, the Hebei Plain

and Yanshan Mountain, the city will experience one to two earthquakes at around magnitude-3 degree ev

ery year, according to past experience,” Sun Shihong, a researcher at the China Earthquake Networks Center, added.

www.xwcqkp.cn


Guns, tanks are modified to fight forest firesguishing guns h

Fire departments across China are on high alert each spring, when forests are prone to erupt in flames.

At least eight forest fires have occurred since the start of this year, with the deadliest killing 30 people who were fighting it.

In an attempt to improve the efficiency of firefighting operations and reduce safety risks, fire depa

rtments have begun to adopt machines such as specially modified artillery guns and tanks.

According to China North Industries Group Corp, commonly kn

own as Norinco, eight long-range fire-extinguishing guns designed and built by the com

pany arrived in Guojiaping village in Changzhi, Shanxi province, on Sunday at the request of provincial auth

orities to help quench the fire that had raged on a nearby mountain for several days.

The guns were used on Monday to launch shells containing fire-exti

nguishing agents onto the hill. With their assistance, firefighters were able to put out

the blaze by afternoon, the State-owned defense conglomerate said on Wednesday.

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Charles is an artist and an academic. He is someone who I thi

 both of our country should be very proud to have a friend, a representative like him,” he said.

 

At present, there are more than 800 13- 18-year-old students at the S

chool, including nearly 60 Chinese students, most of whom are from Hong Kong.

Uppingham school was founded in 1584. The famous British educator Edward Thri

ng (1821-87) used to be its headmaster and took the lead in proposing the concept of “all-around education”.

Thring opened the first school gymnasium in England, introduced wood and metal workshops, and prov

ided a swimming pool. In academic matters he stressed sound training in mathematics, the classics, and music. In 1869 he foun

ded the Headmasters’ Conference, an organization that had a great influence in English school education.

www.ashtvt.com