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President’s message calls for tackling legal, security, governance challenges
President Xi Jinping called on Sunday for strengt
hened cooperation among countries to explo re opportunities of digital, internet-based intelligent development and to properly address le
gal, security and governance challenges arising f
rom big data industry development. He made the remarks in a congratulatory letter to the China Internati
onal Big Data Industry Expo 2019, which kicked off i
n Guiyang, Guizhou province. The new generation of information technology, represented by the internet, big data an
d artificial intelligence, is booming at presen
t and has significant and profound influence on various cou ntries’ economic development, social progress and people’s lives, Xi said in the letter.
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 t
o 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
ange 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.
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.
Croatia, April 13 — China and the Central and Eastern European Count
ECs) on Friday agreed to enhance connectivity to achieve more development. The agreement was part of the Dubrovnik Guidelines for Cooperation between China and t
s, which was released after the eighth China-CEEC leaders’ meeting in the Croatian city of Dubrovnik. According to the guidelines, China and the CEECs are willing to pro
ilway projects cooperation in line with respective laws and regulations and through consultations, in particular by strengthening exchanges and cooperation on railway planning, railway organiza
tion development, management, technol
ogy development, logistics and freight terminal construction. China and the CEECs will jointly explore utilization and construction of logistics hubs, said the guidelines, adding that China is
welcome to participate in joint development of new freight lines in connecting markets in Asia and Europe, u
nder the understanding that it respects the principles of transparency and non-discrimination.
“The Belt and Road Initiative proposed by President Xi Jinping in 2013 has touc
hed the hearts of the Azerbaijani people, as the rest
oration of the ancient Silk Road i s for the benefit of the entire world, and the develo
pment and prosperity of all countries,” Hajiyev said. “The Belt and Road Initiative is not imposing anything on anyon
e, it just provides a framework for mutually b
eneficial cooperation,” he added. The fundam ental features of the Belt and Road Initiative are that every country knows how to de
velop in their own way. As China and Azerbai
jan have a strong traditional friendship, Hajiyev believes the init iative will provide immense opportunities to bring China and Azerbaijan closer.
According to Hajiyev, Azerbaijan fully supports the initiative, and
is building new bridges of cooperation and frien
dship. “We are looking forward to the second Belt and Road Forum for International Co
operation at the end of this month, and Azerbaijan will actively participate in this high-level event,” he said.
Chinese local government bonds worth 1.4 billion yuan ($208.5 million) were snapped up by retail investors within a single day, after counter sales in banks we
re made available for the first time. The fundra
ising will help supplement a broader fiscal deficit this year, analysts said. On Monday, individuals in China were able to purchase bonds issued by t
ng provincial government (five-year term, 3.32 percent coupon rate) and the N ingbo city government (three-year term, 3.04 percent coupon rate). Proceeds from the sales will be used for land purchases (300 million yuan) and shantytown renovations (1.1 billion yuan), acc
ording to a notice on the website of China Central Depository and Clearing, a clearingh
ouse under the central bank. The minimum investment amount for retail investors is 100 yuan, lower than most wealth management products issu
ed by commercial banks. Previously, individual investors could only purchase bonds iss
ued by the central government, kno wn as treasury bonds. And before Monday, local government bonds were traded mainly in the interbank market.
At least 49 people were killed and 20 seriously injured in two mass shootings at mosques in the New Zealand city of Christchurch.
The victims: Forty-one people were killed at the al Noor mosque. Seven people d
ied at the Linwood mosque, and one person died from their injuries in hospital. The suspect: Police said a male in his late 20s has been charged with murder and will appear at the Christchurch court Saturday morning local time.
ifesto: In a social media post just before the attack, an account that is believed to belong to one of the attackers posted a l ink to an 87-page manifesto that was filled with anti-immigrant, anti-Muslim ideas and e
xplanations for an attack. The manifesto was not signed. National security advisor John Bolton expanded upon the White House’s statement on the
attack on New Zealand mosques, which he characterized as “what seems to be a terrorist attack” and a “hate crime.”
Bolton said the US is “very concerned” and is following the events “very closely.”
“We’re obviously greatly disturbed on what seems to be a terror attack, this hate crime in New Zealand. We’ve been in touch
with our embassy overnight, we’re still getting details, but the State Department and others are following up on it.”
Bolton continued, “We’re very concerned, we’re going to cooperate with New Zealand authori
ties to the extent we can if there’s any role we can play, but we’re obviously following the events there very closely.”