hinese Navy to send huge fleet to take part in sea parade

Qiu Yanpeng (middle), deputy commander of the PLA Navy, attends a press confer

ence for the upcoming multinational naval activity to mark the 70th anniversary of the People’s Liber

ation Army Navy at the press center in Huanghai Hotel in Qingdao, Shandong province, Ap

ril 20, 2019. About 200 journalists from home and abroad attended the press conference.Chinese Navy

will send 32 warships and 39 aircraft to take part in a joint sea parade in waters near Qingdao.

Nearly 20 ships from about 10 countries will participate in t

he sea parade on Tuesday, deputy commander of the PLA Navy Qiu Yanpeng said.

A Singapore Navy frigate arrived on Friday in Qingdao, Shan

dong province, becoming the first foreign warship to arri

ve ahead of a grand event to honor the 70th birthday of the People’s Liberation Army Navy.

The PLA Navy will hold multinational naval activities in Qingdao and nearby waters from

Monday to Thursday to celebrate its founding anniversary. They will include a joint sea parade, high-level sympo

siums, public tours of ships, military music performances and other cultural exchanges.

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A PLA Navy carrier battle group sails in formation. en active in

The Chinese People’s Liberation Army Navy has been active in pr

oviding security products for the international community since its founding, Qiu said.

The navy has paid over 100 visits to 94 countries and 138 ports, and has held more th

an 60 joint military drills with foreign navies over the 70 years, according to Qiu.

Since 2008, the navy has sent 32 escort fleets, 103 vessels, 69 helicopters and more than 27,000 officers and soldiers to escor

t over 6,600 vessels, more than a half of which were foreign merchant ships, he added.

Since 2010, the naval hospital ship Peace Ark has traveled to 43 countries and regions and provided free medical servi

ces to over 230,000 people, Qiu said.Under the current IPO system, new shares are subject to approval from t

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The first draft also improved rules on developing a m

ulti-layer capital market system, strengthening investor p

rotection, promoting securities industry innovations and enhancing regulation.

New revisions were submitted for a second reading in April 2017 to

improve regulation on such areas as stock trading, acquisitions of listed firms, information disclos

ure and investor protection. The second draft also demanded the State Council to gradually advance the IPO syst

em reform in accordance with authorization granted by the top legislature.

Note: The following article is taken from the Chinese-language “Commentaries on International Affairs”.

On Thursday, the World Trade Organization (WTO) release

d a panel report on the case the United States lodged in December 2016 against China for its

use of tariff-rate quotas for wheat, rice, and corn. The WTO panel ruled that China’s administration of tariff-rate quo

tas violated its commitment to administer them transparently, while rejecting

the appeal by the American side which demanded that China release the information on tariff-rate quotas.

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The meeting highlighted the importance of implementi

ting the spirit of December’s Central Economic Work Conference.

Macro policies should be stable, micro policies should be flexible and social policies should guarantee the basic needs of the grassroots

people, the statement said. Macro policies should focus on promoting high-quality growth and stimulating market vitality.

The importance of manufacturing’s high-quality development in stabilizing economic growt

h was stressed. Traditional industries should be guided to upgrade, and new industries should grow stronger.

The development of small and medium-sized companies and private businesses should be supported through measures like s

peeding up the supply-side structural reform of finance and providing better loan services, the stat

ement said. It also reaffirmed that houses should be used for living rather than for profit.

Reform should be further deepened and opening-up boosted, and forei

gn capital should have bigger access to the Chinese market. Poverty reduction is a key meas

ure of building a moderately prosperous society in all respects, which must be achieved by the end of next y

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Remaining poverty alleviation tasks are quite arduou

s, and government departments must make continuous efforts to ensure tasks are completed. Off

icials of poverty-stricken counties must keep a close eye on problems to ensure people can escape poverty.

The Party’s publicity work was also discussed. It’s the top political task to learn and publi

cize Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, the statement said. A

ll Party committees must pay great attention to publicity work and ensure the implementation of regulations.

A draft amendment to the Securities Law was submitted Saturday to a bimonthly session of

the National People’s Congress Standing Committee, China’s top legislature, for a third reading.

The latest revisions to the law include rules on the newly-devised science and technol

ogy innovation board, which will pilot a registration-based initial public offering (IPO) system.

Under the current IPO system, new shares are subject to approval from the China Securities Regulatory Commission before being listed.

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Thanks to the integration of its online-and-offline bus

inesses, McMillon said brick-and-mortar stores have become hybrid, and forward fulfillment centers.

He said Sam’s Club has been gaining strength in the country. The high-end m

embership store that was launched in China in 1996 has about 2 million members nati

onwide. By 2020, there will be 40 such clubs either in operation or in construction in the country. The format ha

s 23 stores currently in 19 cities stocking quality fresh food and membership products.

Globally Walmart has 11,300 stores, with a third of them large stores.

According to Kantar Worldpanel, in 2018 Walmart’s market share was 5.4 percent, an improvement from t

he 5.2 percent in 2017. Last year it opened 33 new stores, including 21 hypermarkets, four Sam‘s Club and eight compact stores.

Jason Yu, general manager of Kantar Worldpanel China, said Walmart has to roll out

more innovations to further improve its operational efficiency and achieve growth through

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As a prominent expert on China-US studies for decade

 Zhu also was twice denied single-entry visas to the US.

“This shows how the US is trying to block normal social exchanges bet

ween the two countries, an important channel for mutual understanding and trust,” Zhu said.

Besides scholars in social sciences, the US also began last year to make it harder for Chinese graduate students to get visas if they stud

y in “sensitive research fields”. It warned biomedical researchers at US universities to beware of “Chinese spies

trying to steal information from their laboratories”, according to The New York Times report.

Jon Taylor, a professor of political science of the University o

f St. Thomas in Houston, said the decision is “both absurd and exceedingly shortsighted”.

“These scholars and researchers are social scientists with a long history of interactin

g with their American counterparts as well policymakers in both countries,” he said.

“They are scholars teaching and researching what I teach and research. What are they going to steal?”

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Taylor said the US will ultimately “pay the price for

this”, in the form of an incomplete and inaccurate understanding of China by barring scholars wh

o have great familiarity with US politics and policymaking and have the ear of Chinese officials.

Douglas H. Paal, vice-president of the Asia Program at the Carn

egie Endowment for International Peace, said it appears that the scholars who best unders

tand the US and communicate well with China’s leaders are being denied visas or threatened with denial.

“I don’t see how this is in America’s interest,” Paal said.

Some US media have mentioned that China also denies visas to

US academics, but Taylor and Paal said that has not been

their experience when applying for Chinese visas to visit China for academic exchanges.

In a news conference on Thursday, when asked if China rejected a visa application fr

om an adviser to US President Donald Trump, Foreign Ministry spokesman Lu Kang

said Chinese embassies and consulates overseas always handle visa applications according to law.

China welcomes cultural exchanges between China and the US an

d will actively promote mutual understanding between the two countries, Lu said.

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Wang, the Chinese think tank member, said many of

nternational relations scholars of his generation think of the US

as an example of the value of “freedom, democracy, fairness and human rights”.

“But those words are no longer applicable to describe the US today,” he said.

Wang said that for him, cancellation of the visa is nothing m

ore than a short-term absence from US academic activities, and “it is the US’ loss, not ours”.

He also said the decision would not affect the Chinese think tank he leads in continuing aca

demic exchanges with the US, and he suggests that China should not take countermeasures over such matters.

“No matter how petty the US becomes, China should still stick to its open attitude rather compete for who’s worse,” he said.

The China-proposed Belt and Road Initiative is not a geopolitical tool or a debt trap for particip

ating countries, but a platform for cooperation, State Councilor and Foreign Minister Wang Yi said on Friday.

Wang made the remark at a press conference ahead of the second Belt and Road F

orum on International Cooperation, which will be held in Beijing next week.

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The country will host over 5,000 participants from mor

than 150 countries, including 37 heads of state or government, for the thre

e-day event starting on Thursday, Wang said, adding the forum, themed “Belt and Road Coop

eration: Shaping a Brighter Shared Future”, aims to bring about high-quality cooperation under the initiative.

President Xi Jinping will deliver a keynote speech at the op

ening ceremony of the forum, and chair the leaders’ round-table summit, Wang said.

Saying the BRI has delivered real benefits to participating countries, Wang stated the hats like “debt traps” cannot be put onto t

he head of the Belt and Road, and this is not something any participating country would recognize.

He added that international communities should base their understandings and comments about the BRI on the facts.

Trade volume between China and the countries participating in the B

RI has exceeded $6 trillion, the number of investment is over $80 billion and arou

nd 300,000 jobs have been created for the people from the countries involved in the initiative, Wang said.

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