Month: March 2019
Cooperation at the ministry’s Office for International Military Cooperation, said that comp
ared with other branches of the military, the PLA Navy plays a relatively larger role in protecting China’s overseas inter
ests and maintaining security in key sea lanes such as the Gulf of Aden and waters off Somalia.
“The PLA Navy is at the forefront of proving that the Chinese milita
ry is an open, cooperative and competent force for peace,” he said, adding that the PLA Navy has f
requently participated in humanitarian rescue missions, naval escorts, joint exercises and exchanges in past years.
“Through these non-war military operations, the Chinese Navy has also improved its capability and operability in dis
tant waters,” Zhou said. “Many security issues around the world require global efforts, and as its capability impr
oves, the PLA Navy can play a bigger part and contribute more to global maritime security.”
nts in Sichuan, Shaanxi and Shandong provinces as well as Beijing will eventually be able to sell bonds at count
ers in commercial banks directly to retail investors, and the practice will be expanded nationwide after an additional period of time.
The ministry said individuals do not need to pay taxes on the bonds’ interest income, and this policy is likely to attract more investors.
Selling local government bonds to retail investors should facilitate liquidity
in the secondary market, improve the market-oriented bond pricing mechanism and pu
sh issuers to enhance the quality of information disclosure, said Amanda Du, a Moody’s vice-president and senior analyst.
“Higher coupon rates compared with treasury bonds, and the tax exemption on the interest income, make
local government bonds more attractive for retail investors,” she said. “The fast takeup by retail investors also indicates that the
bonds have won high recognition among individual buyers, supported by the local governments’ high credit ratings.”
headed by No 18 Wang Qiang, who this week reached the Miami Open quarterfinals to
become the first Chinese to go that far at the premier mandatory event since Li’s run to the final in 2014.
Li is delighted to see her compatriots mixing it with the world’s best, but said she expects more.
“It’s good to have a group of girls in the top 50, but the resources they enjoy today make me believe they could do better,” she said.
With more advanced coaching and training methods, WTA
CEO Steve Simon reckons China will unearth the next Li sooner rather than later.
“The chances of finding the next Li Na are very bright; it’s just a matter of time,” he said earlier this month in Shenzhen.
The return of The Road to Wimbledon, a tailor-made tournament for under-14 players, f
or its fourth year in China is part of the latest effort to deepen the domestic talent pool.
It began on Monday with a weeklong trial camp overseen by Dan Blox
ham, head coach of the All England Club. The best performers will be picked to compete at a nat
ional tournament in Nanjing in May, which will decide China’s representatives at the global final at Wimbledon from Aug 11-17.
France cooperation has not changed, Xi said.
“The history of China-France cooperation shows that bilateral ties are not ‘a zero-sum game.’ The strong com
plementarities between the two economies will remain for a long time,” Xi said, adding that China’s sustained devel
opment and further opening-up will create a host of new opportunities as well as broader space for bilateral cooperation.
Xi called on the two countries to constantly explore new fields of cooperation, nurture new growth areas for cooper
ation, and speed up the implementation of the Belt and Road and third-party cooperation projects that have been agreed upon.
“China staands ready to strengthen strategic communication and coordination with France on major issues including the UN aff
airs, the reform of the World Trade Organization and climate change,” Xi said, adding that China always supports European inte
gration and hopes France can play a more active role in leading and promoting China-Europe relations.
Hailing his successful visit to China last year, Macron said that the two countries have been implementing the important con
sensus reached by him and Xi over the past year, strengthening cooperation on economy, trade, technology and culture.