Skip to content
services will aim precisely at those most in need,” she said.Shan Jixiang, former director and curator of the Palace Muse
um, has been hired as Palace Museum Research Institute chief, one month after his retirement.
Wang Xudong, current director of the Palace Museum, on Wednesday handed the offer letter, dated May 6, to Shan.
Xi Huan, vice-president of Beijing Hospital, said major medical institutions need to mak
e more efforts to improve services for the elderly, including the promotion of disease prevention educ
ation and increased follow-up visits for elderly patients who have been discharged from the hospital.
“Big hospitals should provide more help for elderly patients, and more follow-up nursing services after they leave the ho
spital, so they can get timely help if problems occur at home or at community health centers,” he said.
addressed are the issues that the business community is concerned about”.
“It is excellent that President Xi recognized some problems,” especially those associated with its Belt and Road Initi
ative, such as transparency and corruption, said Craig Allen, president of the US-China Business Council.
Experts also were interested in how the reform policies and laws would be implemented, something Xi addressed in his speech.
“People are very positive about the direction, but they need to
know the details” of how the promises would be delivered, Overholt said.
Xi, citing the old Chinese saying “honoring a promise carries the weight of gold”, pledged to install a binding mec
hanism for international agreements, to make sure governments at all levels operate in well-regulated wa
ys, and to update laws and regulations to abolish unjustified practices, keeping in line with the needs of opening-up.
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.
car sales and expand the supply of automobiles as part of its latest efforts to boost auto consum
ption, Gao Feng, the spokesperson for the Ministry of Commerce, said at a press conference early this month.
By the end of 2018, China’s six cities namely Beijing, Shanghai, Shenzhen, Guangzhou, Hangzhou and Tianijin carried
out the purchase restriction of fuel-powered passenger cars, said Shao Jiang, an analyst at Everbright Securities. “If thes
e cities double their rising number of new cars, it could bring a 2.8 percent year-on-year growth for the wh
ole passenger car market.”Editor’s Note: The eight explosions in Sri Lanka on Easter Sunday have claimed more tha
n 300 lives and left over 500 people injured. A ninth explosion was reported on Monday near a church in Colombo, but n
one was reported killed or injured. The Islamic State reportedly claimed responsibility for the bombings on Tue
sday. Two experts share their views on the attacks with China Daily’s Liu Jianna. Excerpts follow
reforms to foster an investor-friendly legal system, represented by strengthened information disclosure, prot
ection of investors’ rights and interests, and crackdown on legal breaches, Liu said.
China must promote the healthy development of the capital m
arket through key institutional innovations, the Political Bureau of the Communist Part
y of China Central Committee, the Party’s core leadership, said a statement released after a meeting on Friday.
Dong said the revised law is likely to be adopted by the end of the first half of the ye
ar, adding it is imperative and possible to expedite rolling out the revised version.
“Previously, controversies over the registration-based IPO system reform ha
ve prolonged the revision process, but now this factor has been largely lifted,” he said.
“As foreign investors are set to play a bigger role in China’s capital
market development, the revised law should also consider clarifying the rights and oblig
ations of overseas investors, to help them form a stable policy expectation,” said Xue Yi, an associate p
prisonment, civil assault and battery, as well as sexual assault or batter
y, seeking damages in excess of $50,000, according to a report from Reuters.
The court filing said JD is “vicariously liable” for Liu’s behavior as his alleged actions happened while
he was “seemingly” at work-related activities, and the assault and battery began in the presence of two other JD employees.
“We have not yet reviewed the complaint and are not going to comment on pending litigation, but based on the Hennepin County A
ttorney’s declination to charge a case against our client and our belief in his innocence, we feel strongly that this suit
is without merit and will vigorously defend against it,” Liu’s attorney Jill Brisbois said in a written statement.
Peter Walsh, an attorney for JD, said in a statement while it was not prepared to com
ment at this time, the company would vigorously fight against these “meritless claims”.
cus”, keeping it prudent while the liquidity should be at a reasonably adequate level, it said.
Financial policies are required to further support small and private companies, and fun
ding through the capital market is supported by the authorities, according to the statement.
The central bank had skipped open market operations for 15 conse
cutive working days until Monday. “Reasonable and adequate liquidity in the banking syste
m” was the main reason for the absence of open market operations, according to a statement from the central bank.
To cut or not to cut the RRR, a strong tool for liquidity adjustm
ent, has become a hot topic since April, not only for investors, but also for policy advisers.
Divergent opinions are spreading among a broader group of market observer
s. The market is trying to get more indications from the monetary authority, although the C
hinese central bank barely sends any hints on possible monetary policy operations before taking action.