Abe to send envoy to Belt and Road ForumAbe will

Japanese Prime Minister Shinzo Abe will send his special envoy Toshihiro Nikai, secretary-general of the rulin

g Liberal Democratic Party, to attend the second Belt and Road Forum for International Cooperation in Beijing.

In a news conference held by the Japanese embassy in China on Monday, Takeshi Osuga, J

apanese Foreign Ministry spokesman, said Nikai will visit China from April 24 to 29 to attend the forum and give a speech.

In a previous conference at LDP’s headquarters in Tokyo, N

ikai said his party called for increased exchange between Japan and China.

As the Japanese foreign minister Taro Kono just ended a three-day visit to China, Osuga

said the visit was “very positive” and further strengthened bilateral ties between Beijing and Tokyo.

“In the fifth China-Japan High-level Economic Dialogue, China and J

apan achieved agreement to cooperate in such areas as energy conservation and environ

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On the basis of the four China-Japan political documen

s and in the spirit of seeing history as a mirror as well as facing the future, the two nations sho

uld continue to work toward the long-term, healthy and stable development of bilateral relations, he said.

As major economies in the world, China and Japan both support free trade and obey WTO rules, Li said.

He also welcomed Japanese businesses to expand investment in China

as the country will continue to unwaveringly deepen reform and expand opening-up.

China stands ready to move forward with talks with Japan and other rel

ated parties to further the negotiations regarding the Regional Comprehensive Econo

mic Partnership as well as the China-Japan-Republic of Korea Free Trade Agreement, he said.

Li also voiced China’s support for Japan’s hosting of the G20 Summit, which is slated this year

to be held in Osaka, and he hoped it would inject fresh impetus into global economic growth.

Kono expressed his appreciation for efforts made by the Chinese premier in helping return bilateral relations to the right track.

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Lu made the remarks in response to recent media repo

 reports that India decided not to send a delegation to the second Belt and Road Forum for Internati

onal Cooperation later this month in Beijing. The reports said the initiative undermines the South Asia

n nation’s sovereignty via the BRI-related China-Pakistan Economic Corridor.

Lu said that, “If this decision about whether to participate in building the Belt and Road

was possibly made through a misunderstanding”, China firmly and sincerely advances the constr

uction of the Belt and Road on the basis of consultation and contribution for shared benefits.

He added that the initiative is open to all parties that are inter

ested in and willing to join in win-win cooperation.

It will not exclude any party, he said, adding that China is willin

g to wait if relevant parties need more time to consider their participation.

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He noted that since the first Belt and Road Forum for

 International Cooperation two years ago, more countries and inter

national organizations have joined in the construction of the Belt and Road.

So far, 125 countries and 29 international organiz

ations have signed BRI cooperation documents with China, according to Lu.

Among them are 16 Central and Eastern European countries and Gr

eece. Italy and Luxembourg signed cooperation agreements with China last month to join

tly build the Belt and Road. Jamaica also signed similar agreements on Thursday.

During Premier Li Keqiang’s European visit last week, both sides agreed to seek greate

r synergy between the BRI and the European Union’s strategy for connecting with Asia.

Yang Jiechi, director of the Office of the Foreign Affairs Commission of the Comm

unist Party of China Central Committee, said last month that representatives of more than 100 coun

tries, including about 40 foreign leaders, have confirmed their attendance at the Beijing forum.

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he monetary policy should “maintain strategic focu

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.

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“Essentially, it depends on the growth of money sup

pply (M2),” said Sheng Songcheng, a central bank adviser and a former director of the central bank’s statistics department.

The central bank released M2 data on Friday, which recorded a 13-month high of 8.6 percent by the end of March, accelerating from 8 percent by February.

Aggregate social financing, a gauge to measure broader financial activities including trust funds and local govern

ment bonds, also grew faster than market expectations. That total financing amount grew to 2.86 trillion yuan in Mar

ch, or a 11.1 percent growth from a year earlier, compared with 10.6 percent in February, said the central bank.

“According to the latest economic data, there is less necessity for RR

R cuts, but it requires further observation on future changes,” said Sheng.

If the central bank further cuts the RRR, when economic growth is already stabilized, inflation wi

ll surge, and possibly lead to funds flowing into the property sector instead of supporting the real economy, he added.

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Zheng Nanning, a researcher at the Chinese Academ

 of Engineering and head of the innovation research academy of intelligent robotics at Xi’an Jiaotong Univer

sity, said the university began considering an undergraduate AI major in 2016, and it has since established an experi

mental undergraduate AI class in 2018 with 55 students taught by the country’s leading AI experts.

The university established the academy in October 2017 and an AI school in Janua

ry. The academy has 26 master’s candidates and eight doctoral candidates, Zheng said.

“Universities should aim for major breakthroughs in basic res

earch and core technology. We are still striving to achieve

revolutionary and disruptive changes in AI theories, methods, tools and systems,” he added.

The ministry issued an action plan in 2018 to promote AI educa

tion in universities. According to the plan, universities in China will improve AI discip

line and make breakthroughs in basic theories and key technology research by 2020.

Chinese universities will become core forces for building major global AI innovation centers by 2030.

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Shanghai, China’s financial hub, prevailed as expats’ fa

favorite city to work and live in for the sixth year in a row, followed by Beijing, Hefei, Hangzhou, Shenzhen, S

uzhou, Qingdao, Tianjin, Xi’an and Wuhan.

The campaign also looked at cities with the most potential to attract expats, naming X

iamen, Nanjing, Urumqi, Guangzhou, Xuzhou, Haikou, Kunming, Jinan, Dalian and Chengdu.

In recent years, China has implemented a work permit system for foreigners to come to Chi

na and a visa system for expats. This has promoted the government affairs, policies, work and living

environment of Chinese cities, allowing more expats to live and work better in China.

The survey has been conducted for nine years, starting in 2010. The A

mazing China 2018 poll took place from November to December. Results were anal

yzed from 239 signed votes from top expert panels, 2,815 votes from foreign experts, and 94,849 votes from internet users.

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Chinese Bridge Chinese proficiency contest in Univers

Some of the winners will represent Latvia in the 2019 Chinese Bridge competition for universities

and middle school students in China where they will compete with Chinese language learners from all over the world.

Latvia has made remarkable progress in teaching and learning Chinese in recent years, with the succes

sful 16th Chinese Bridge competition taking the promotion of the Chinese language and culture to an even highe

r level in Latvia and strengthening cultural ties between the two countries even more.

The 16th “Chinese Bridge”, was organized by Confucius Institute at the

University of Latvia in cooperation with various education institutions in Latvia.

China’s last female Yangtze giant softshell turtle (Rafetus swinhoei) died on Saturday after an a

rtificial insemination at the Suzhou Zoo in East China’s Jiangsu province. Now, only three remain in the world.

An international research team carried out the fifth artificial insemination for the female turtle on Fri

day, but the animal did not recover from the procedure, even though researchers spent hours trying to save its life.

The dead female turtle is believed to be over 90 years old; Suzhou Zoo’s male turtle is over 100 years old.

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Military aircraft exhibition opens in Xi’an display at the

Aviation Industry Corp of China, the country’s leading aircraft manufacturer, on Sunday launched an ex

hibition park in Xi’an, Shaanxi province.The park is located in an aviation industry compound in Xi’a

n’s northeastern suburb and showcases 16 aircraft used in flight testing.The exhibits represent prototypes of the Chinese military’s major aircraft down

through the years, including the CJ-6 basic trainer, J-7 fighter jet, KJ-2000 early-warning and control plane, as well

as the Z-10 attack helicopter.A J-8II fighter jet is on display at the exhibition park that opened to the public on Sunday in X

i’an, Northwest China’s Shaanxi province. Photo by Zhao Lei/chinadaily.com.cnThese aircraft contri

buted significantly to China’s aviation industry and flight test endeavors, and highlight the growth of the co

untry’s aviation sector, according to an Aviation Industry Corp of China statement.In addition to the aircraft, the par

k also features relief sculptures depicting the histories of Chinese planes’test flights.

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