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resident’s message calls for tackling legal, security, governance challenges
President Xi Jinping called on Sunday for strengt
hened cooperation among countries to explor e opportunities of digital, internet-based intelligent development and to properly address leg
al, security and governance challenges arising
from big data industry development. He made the remarks in a congratulatory letter to the China Intern
ational Big Data Industry Expo 2019, which ki
cked off in Guiyang, Guizhou province. The new generation of information technology, represented by the
internet, big data and artificial intellige
nce, is booming at present and has significant and profound influence on various countries’ 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.
Young people shall work hard in learning the Marxist stance, viewpoints and methods,
mastering scientific and cultural knowle
dge and professional skills, and improving their humanistic quality.
Fine morality of young people called for Chinese youth of the new era should be grateful
to the Party, the country, the society and the people. Young people shall nurture and practise core socialist values, and guard against wrong id
eas such as money worship, hedonism, extreme individualism and historical nihilism.
Nurturin g young generation is whole Party’s political responsibility Communist Party of China should shoulder the political responsibility of nurturing
a new generation of capable young people who have a good and all-round moral, intellectual, physical, and aesth
etical grounding in addition to a hardwor
king spirit, and who are well-prepared to join the socialist cause. We should listen to young people’s views on social issues and phenome
na, as well as their opinions and advices on the work of the Party and the government.
ures are consistent with the top-line measured GDP growth number. For example, production and
supply of electricity, thermal power, gas and water in
creased by 7.1 percent in the quarter. Pl us, value-added index of transport, storage and post increased by 7.3 percent.
look at the highest growth sectors shows that the economy is moving toward the long-term goal of shif ting away from a development strategy based on h
eavy investment in industry and infrastructure to one based on services and domestic consumption. Also, more productive industries that tur
n out high
er-value added goods are growing at a much faster rate than traditional heavy industry. Among large companies, State-owned enterprises grew 4.5 percent yea
r-on-year while shareholding enterprises grew almost twice as fast, at 7.8 percent. So, stro
ng progress is being made toward the goal of promoting private enterprise, which was re
inforced by many policies announced at last month’s meeting of the National People’s Congress.