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nitiative is a challenge, but achievable,” she said, adding that at the heart of this challenge lies great potenti
al for innovation and creativity, such as new disaster risk prediction and analysis, and disaster-resilient infrastructures.
Huang Runqiu, vice-minister of the Ministry of Ecology and Environment, said dis
aster risk reduction of natural hazards along the initiative is crucial for its success and sustainability.
Regions at the heart of the initiative, such as the Tianshan-Pamir Platea
u, the Himalayas, eastern parts of the Qinghai-Tibet Plateau and South Asia, are facing serio
us disaster threats due to tectonic movements, fragile ecosystems and extreme weather, he said.
Henrik Slotte, a senior disaster management expert from the UN Environm
ent Program, said poorly managed infrastructure projects can damage the ecosystem.
After a disappointing performance in 2018, China’s economy appears to be stabiliz
ing. In the first quarter of 2019, GDP growth, at 6.4 percent year-on-year, matched that of the previous quarter. But grow
th in industrial production exceeded expectations, expanding by 6.5 percent year-on-year (and by 8.5 percent in Mar
ch). Even exports growth was positive, albeit weak, despite the ongoing trade frictions with the United States.
Moreover, fixed-asset investment (FAI) grew by 6.3 percent－0.2 percentage points higher than in the previous quar
ter. Investment in real estate grew the fastest (11.8 percent), followed by manufacturing (4.6 percent) and in
frastructure (4.4 percent). The growth of investment both in real estate and infrastru
cture was stronger not only sequentially, but also year-on-year. As usual, consumption growth was stable.
question whether the US is really trying to improve the DPRK-US relationship and it is wondering whe
ther its previous steps to promote engagement with Washington were the right thing to do.
In what was the most comprehensive review of Pyongyang’s recent i
nteraction with Washington, the DPRK leader put the ball decisively back in Was
hington’s court after the US president floated the idea of a third summit on Thursday.
Washington maintains unabated zeal for a deal of some sort, because ot
herwise the engagement with Pyongyang since last year
would be regarded as failure. So, more likely than not, it will try to find a way to keep the possibility of a summit alive.
But the “correct manner” Pyongyang demands is Washington forsaking its “max
imum pressure” and demonstrating sufficient goodwill by relieving, or completely rollin
g back, sanctions, putting an end to the state of war, or, even better, offering economic incentives.
China and the European Union have committed to achieving major progress this year in negotiations for a high-level bilateral in
vestment agreement with a view to concluding the ambitious accord next year, according to a joint statement.
The two sides pledged to widen market access, eliminate discriminatory requireme
nts for foreign investors and establish a balanced investment protection framework, according to a joint statem
ent issued after the China-EU leaders’ meeting held in Brussels, Belgium, on Tuesday.
Premier Li Keqiang, European Council President Donald Tusk and Eur
opean Commission President Jean-Claude Juncker co-chaired the annual meeting and reach
ed consensus on a wide range of issues, including bilateral ties, global challenges and governance.
They committed to building an economic relationship based on openness, nondiscrim
ination and fair competition, ensuring a level playing field, transparency and mutual benefit, the statement added.
Two-way trade between the EU and China reached more than $682 billion last year. The E
U is China’s biggest trading partner, and China is the EU’s second-largest trading partner.
Lagos–Kano standard gauge project, the first standard gauge railway in Nigeria and West A
frica, was officially inaugurated and started commercial operation on July 26, 2016.
The railway, constructed by China Civil Engineering Construction Corporation, is the first overseas railway fully adopting the Chinese r
ailway standard. Spanning 186.5 kilometers, it alleviates traffic tension, improves the investment envir
onment and promotes the coordinated development of regional economy and society.
By Jan 11, the train service had delivered 1.23 million passengers and had safely operated for 900 days without any major accident recorded since its inception.
The China-funded Colombo Port City, the largest project between C
hina and Sri Lanka under the Belt and Road Initiative, completed land reclamation of 269 hectares in January.
In addition, hydro-structure construction will be completed by the middle
of this year. The port city’s municipal facilities construction is expected to be completed in J
uly 2020. At the same time, investment promotion of the city is also being carried out.
whose annual net income was less than 200 yuan ($30) were defined as living below the p
overty line in China in 1985. The line was raised to less than 2,300 yuan by 2011.
Second, how are policies designed to help the poorest people? Chinese policies aim to give the poor a roof over their heads, guarantee
food, clothing and basic medical services, and provide their children with nine years of compulsory education.
Funds and resources have been made available for agricultural subsidies and cheap loans to rural far
mers. Funds also went into rural revitalization, to integrate regional development and build infrast
ructure connecting villages to markets so that farmers could sell their products more easily. Villagers have been enco
uraged to be innovative, with incentives and loans for them to become self-employed and to set up micro-businesses.
Moreover, teams of officials have been traveling to faraway and isolated rural areas to help individual
s and families with individualized plans that target specific problems, such as whether there is ill
ness or disability in the household. In other words, China has not taken a “one-size-fits-all” approach for the tough cases.