The country will further open up its financial sector and

accelerate the process to fully lower the market access threshold for foreign investments in

banking, securities and insurance, the premier said. Service sectors, including medical care and educ

ation, will be opened up along with transportation, infrastructure and energy, he said.

Li said China will further make it easier for foreign companies to set up a venture capital presence and will improve regulati

ons on foreign investors’ strategic investments in listed companies and their mergers with and acquisitions of domestic enterprises.

Also, preferential policies for investments from Hong Kong, Macao and Taiwan w

ill remain unchanged, and greater development opportunities will be offered for them, Li said.

Wang Huiyao, president of the Center for China and Globalizaton, said he was impressed by Li’s speech to cl

ean up rules and regulations inconsistent with the Foreign Investment Law as well as to launch a more streamlined negative list.

“It shows China’s attitude of further opening-up, which is a higher-level and more concrete commitment of China,” he said.

Leif Johansson, chairman of global biopharmaceutical giant AstraZeneca, said

Li’s speech reflects the determination to create a more open, fair and transpare

pristinefood.org

Finance Minister Liu Kun said at a forum on Sunday tha

t the government plans to accelerate local government bond issuance this year. “We are tryi

ng to complete the issuance of the new bond quota of 3.08 trillion yuan by the end of September.”

“We will urge local governments to inject funds into projects quickl

y in order to stabilize investment and expand domestic demand,” said Liu.

In the first two months, issued local government bonds totaled at 782.1 billion yuan. Among this, 326.1 bil

lion yuan was raised through special purpose bonds, a type just like United States municipal bonds, the ministry said.

hina will further facilitate foreign enterprises’ venture ca

pital investments in Chinese companies, said Premier Li Keqiang at the Boao Forum for Asia on Thursday.

The country will also improve the regulations on foreign investors’ strategic invest

ment in mainland-listed companies as well as on their mergers and acquisitions with domestic enterprises.

www.ezgpui191.cn

In a spectacular display of indecision, the House of Comm

ons has voted against remaining in the EU and every version of leaving the EU,” tweeted James Cleverly, the Conservative Party’s deputy chairman.

Nevertheless, some proposals fared better than May’s deal had done two weeks ago, and parlia

ment was due to hold more indicative votes on Monday after refining the options most likely to secure a majority.

Many Conservative eurosceptics had made clear they would only c

onsider supporting May’s deal if she gave a firm commitment to resign, hoping a new leader

would be more sympathetic to their views when negotiating the terms of Britain’s future relationship with the EU.

“I have heard very clearly the mood of the parliamentary party,” May told a meeting of Conservative lawmakers (MPs).

“I know there is a desire for a new approach – and new lead

ership – in the second phase of the Brexit negotiations – and I won’t stand in the way of that.”

But within hours of May’s offer, the Democratic Unionist Party, which props up her minority gov

ernment, said it would vote against the deal if May brought it back a third time.

chuangxiangjie.cn

While May was addressing her lawmakers, MPs in the mai

n chamber debated eight other Brexit options, ranging from leaving abruptly with no deal to revoking the divorce altogether.

While there was no majority support for any, the option calling for a referendum on any depa

rture deal, and another suggesting a UK-wide customs union with the EU, won more votes than May’s deal did two weeks ago.

Oliver Letwin, a Conservative former cabinet minister who led parliament’s unusual power grab, said it ha

d been expected that none would immediately win a majority, and lawmakers would have another chance on Monday.

The uncertainty around Britain’s most significant political and economic change since W

orld War II has left allies and investors aghast. Sterling dipped after Wednesday’s events.

If May’s deal were to pass, her office said there would be a contest to replace her after May 22, when Britain would leave the EU.

www.qiancengdian.cn

This year marks the 55th anniversary of China-France

diplomatic ties. During their meetings, Xi agreed with French President Emmanuel Macron and Prime Minister Edouard Philippe to f

orge a more solid, stable and vibrant China-France comprehensive strategic partnership, and continue to explore the way for major countries to get al

ong with each other, which should feature independence, mutual understanding, foresight, mutual benefit and win-win outcomes, Wang said.

In the joint statement issued by China and France on jointly safeguarding multilateralism and improving global governa

nce, the two sides pledged to build international relations of mutual respect, equality, justice, and win-win coop

eration on the basis of respecting international laws and the basic principles of international norms, Wang said.

Speaking of Xi’s visit to Monaco, Wang said leaders of the two cou

ntries have agreed to firmly stick to the correct direction of bilateral relations, adhere to open

ness and cooperation, and pursue more win-win results so as to jointly elevate the China-Monaco relations into a new era.

During Xi’s talks with Prince Albert II, head of state of the Prin

cipality of Monaco, the Chinese president said both sides should adhere to openness and cooperation a

nd pursue more win-win results, adding that China welcomes Monaco to actively participate in the joint development of the Belt and Road.

www.shlfbe.com

After 10 years of development, China’s new energy veh

cles are starting to gain momentum in the private market. With the overall vehicle market remaini

ng flat, sales of new energy vehicles last year reached 1.25 million, up 61.7 percent year-on-year, and

the figure is expected to reach 1.6 million this year according to the China Association of Automobile Manufacturers.

China plans to stop subsidies on new energy cars by the end of 2020. To ensure a smooth transi

tion, the government decides to achieve this goal by enacting policy in several phases. This year’s subs

idy standard was slashed 50 percent on average from 2018, Xinhua reported, citing a person with knowledge of the matter.

The source said the proportion cut is basically consistent with falling ratios of general cost for co

mplete vehicles, while pointing out with the rapid expansion of the NEV industry some enterprises tend

ed to become reliant on long-standing subsidies, leading to weak competitiveness.

The statement also asked local governments to remove subsidies on purchases o

f new energy cars after a three-month grace period starting Tuesday. Instead, more funds will be used

to build infrastructure, including charging and hydrogen refueling facilities, and to facilitate relevant services.

shlfat.com

Meanwhile, 15.6 percent suffered cyber bullying and

percent encountered illegal or bad information, the report said. And 69.1 percent

know how to protect their rights and interests through the internet and report infringements.

According to the report, 91.9 percent learn relative legal knowledge through offline means, and 72.3 percent learn legal knowledge through the internet.

The report suggests that the regulations on protecting minor netizens should be legislated as soon

as possible. Authorities should enhance content supervision and industry management, regulating ente

rprises to shoulder social responsibly, promote education on the internet among minors and crack down on infringement.

Chinese e-commerce giant JD is starting to cultivate key opinion leaders (KOLs) to build u

p its strength in the field of e-commerce, according to a report by technology media 36kr.

At its JD Shopping Circle, a mini program for WeChat providing a platform for users to post reviews on products and share experiences, JD la

unched a “Super Partner Program”, aiming to incubate online celebrities in the e-commerce sector to take a share of the fan economy.

shlfec.com

Opponents of Brexit feel the political tide may be turnin

 in their favor. Hundreds of thousands of people marched through London on Saturday calling for a new referendum on whether to leave the EU or remain.

But with the deadline for a Brexit decision less than three weeks away, British poli

ticians remain divided, and increasingly despairing about the country’s political gridlock.

“Brexit is like the Death Star of politics,” Conservative legislator George Freeman said. “I always fea

red it would be like this. It’s destroying and soaking up all the prime minister’s room for maneuver and political goodwill.

“I’ve never known this country so divided, so angry and in such a dangerous state,” he said.

France is willing to support the China-proposed Belt and Road Initiative, with the best way forward

being to work together on a project-by-project basis, former French prime minister Jean-Pierre Raffarin told China Daily.

In an exclusive interview ahead of the state visit of President Xi Jinping to France

on Monday and Tuesday, Raffarin said it is in France’s national interest to be part of the BRI.

“We also want our companies to propose projects which are good for the BRI, but also go

od for our enterprises,” said Raffarin, who served as prime minister from 2002 to 2005.

qianpadbe.com

According to the Ministry of Commerce, as of the end of N

ovember 2018, France had invested in 5,647 projects in China, with actual investment value amounting to $17.49 billion.

“There are no official rules for French enterprises to succeed in C

hina. The main rule is to respect the Chinese people,” said Raffarin.

Well-known by many Chinese people as a “good friend” of China,

the 70-year-old said he has visited China more than 100 times since his first trip in 1970.

Residents in Chinese mainland will be able to apply for passpo

rts and travel permits at every exit and entry management department across the coun

try starting from April 1, according to National Immigration Administration on Tuesday.

The travel permits refer to the documents allowing mainland residents to travel to and from Hong Kong, Macao and Taiwan, it said.

www.qhfaaa.com

We will step up efforts to expand cooperation with sho

video platforms such as Kuaishou, Bilibili, Douyin and Huoshan, to obtain more data flows and encourage brands and buyers to do more live broadcasts,” Zeng said.

It also plans to tap into the social e-commerce sector, which is currently in its testing phase.

Experts say the livestreaming explosion is boosting China’s e-commerce sector. The new

format could display the commodities in more dimensions and increase users’ trust.

Cao Lei, director of China E-Commerce Research Center, said this method could attract consume

rs’ attention quickly and accurately as most of the livestreaming users are post-90s generation who are accusto

med to shopping online, as well as help online retailers to gain data flows and create a “real” shopping scenario.

“Immediate feedbacks could be given to merchants based on users’ instructions. Through their

mobile phones, consumers are able to talk with overseas buyers, which will greatly enhance users’ trust on the platform.”

China’s cross-border e-commerce sector has been growing rapid

ly over the past few years, owing to a rapid growth in the nation’s middle and high-income shoppers.

shlf16.com