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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.

www.gjrcpx.org

It’s more than just dance: both consider the ball a

 window to Viennese social traditions, classical music, and Austrian culture.

While recommending three must-see Austrian cities for first-time visitors, ambass

ador Stift gave a surprising answer. While well-known cities like capital Vienna with its iconic concert hall, Mus

ikverein, and Salzburg , once home to Mozart, both make the cut, that doesn’t tell the full story.

Brice Péan, who studied at ski resort Innsbruck, showed his know

ledge of China, mentioning Hallstatt, a small Austrian town modeled on a Chi

nese housing development, as an increasingly popular destination for Chinese tourists.

Consider this video a warm-up for tonight’s ball. If you can’t ma

ke it, stay with China Daily’s app and you’ll have a chance to win a guest gift bag.

We’re sending 10 of these gift bags to readers in our next episode. Stay tuned.

yuyingleyou.com.cn

Four-day May Day holiday offers best of both the worlds

Editor’s Note: The May Day holiday this year would be extended to four days. When Premier Li Keqiang was asked at a news con

ference during the recent second session of the 13th National People’s Congress whether China would res

ume the May Day golden week holiday, he said relevant departments were studying the issue and would serio

usly consider the public’s opinions before making a decision. What effects will a four-day holiday have on the people and

the economy? Two experts share their views on the issue with China Daily’s Liu Jianna. Excerpts follow:

Holiday answers people‘s appeals

The four-day holiday will, to a large extent, meet Chinese people’s require

ments for a better life, including the growing desire to enjoy quality longer vacations both at home and abroad.

There have been calls for longer holidays ever since the May Day golden

week holiday was reduced to three days. And the extension of the May Day holiday to four

days this year suggests the government has been taking public opinions into serious consideration.

riuy8.cn

With an increasing number of donations and surg

eries performed every year, authorities have also established a computerized supervision syst

em that covers the entire sector, including organ donation, retrieval, distribut

ion and transplant, so they are under the supervision of health authorities, she said.

Despite the increase in the number of donors, a shortage of organs is still seve

re in China, considering the number of patients in need of transplant surgeries.

Every year about 300,000 patients with terminal diseases need transplants in China, but

only about 20,000 surgeries can be done, according to Huang Jiefu, former-vice-minis

ter of health and now chairman of the China National Organ Donation and Transplantation Committee.

Chen Xinguo, director of the organ transplant center at Armed Police Force General Hospital, said th

at since people’s traditional beliefs are still a major obstacle to organ donations, more education is required.

vnynui.cn

The deal is the latest in a series of patent license agreements

with key industry partners such as Qualcomm, Dolby and Nokia. This strategy is expected

to clear the patent obstacles for Oppo to better serve global consumers in the 5G era, said Fu Liang, an independent telecom analyst.

“Talent is what we are in dire need of, to explore overseas market,” Wu said.

Oppo aims to have 90 percent of its Europe-based staff sourced from the local talent po

ol, so as to better tap into the design and art scholars from local universities.

The company said it currently has over 40,000 emplo

yees globally, with 10 manufacturing facilities and six research institutes across the world.

Its mobile operating system ColorOS commands 250 million users w

orldwide. To expand its reach, Oppo has also set up over 400,000 points of sale worldwide.

www.zaojiaowg.com

The administration will also promote the ecological restor

ation of grasslands and push forward the establishment of pilot national parks.

China is rich in grassland resources – with nearly 400 million hect

ares of natural grassland accounting for 41.7 perc

ent of the country’s land. Protection and restoration of grassland resources will be strengthened, Zhang said.

Measures to be taken include finding out the entire picture of grassland resources, assessing

current pol2olkcimcn-2ting a guideline on how to strengthen grassland protection and restoration, he said.

As for national parks, Zhang said that after the central authorities released an overall plan for introducing a national park

mechanism, the administration drafted a layout of national parks and standards for their protection.

www.meilita.cn

Emphasis is placed on promoting investment by openin

up more sectors for equity investment, improving IPR regime, encouraging innovation and technological development.

Major reforms have been announced to boost market and investors’ confidence. The policy measu

res and programs announced today are considered as key drivers for continued economic growth of Ch

ina. China’s economic development is vitally important for the healthy development of world economy and for Nep

al it is more so as the economies of Nepal and China get increasingly inter-connected.

Moreover, China’s economic policies are more and more relevant for Nepal as we pursue our path of economic develop

ment in a faster pace by further strengthening economic ties with China. We are seeking expanded cooperation in inve

stment, connectivity (more specifically cross-border transport infrastructures including railways), to

urism, technology transfer, industrial development, agricultural development and development of digital technology, an

d we foresee greater investments, tourism and trade between Nepal and China in the year ahead.

Therefore, China’s continued growth, and stable socio-economic

development have paramount importance for Nepal. I wish a complete success in their end

eavor of developing China a moderately prosperous society in all respect by 2021.

jvuau.cn

Polls across the country were scheduled to open at 8 a.m

  (2 a.m. ET) and close at 2 p.m. (8 a.m. ET) Saturday, but reports soon emerged of widespread delays.

  In the megacity of Lagos, CNN visited multiple polling stations, all of which opened hours la

ter than planned. Voters said they had lined up for hours before electoral officers arrived with voting materials.

  To cast their ballots Saturday, voters were expected to complete an accreditation process in which officials from Nigeria’s Independent National Elec

toral Commission take their fingerprints and scan their permanent voting cards.

  A nurse told CNN she turned up at a polling station after working a night shift, only to face a long wait.

  ”I am supposed to be resting now, but I came to the polling station (at) 7:30 a.m. thinking they the electoral commissi

on officials) will be here, but it’s two hours now, and they have not come,” Juliet Emoedin said.

  Festus Okoye, a national commissioner for the electoral commission, sa

id stations that opened late would close an hour later, according to the Nigerian Television Authority, the state

shlfat.com

ears later, Geovanis worked for the Russian oligarch Oleg

  Deripaska, whose ties to Trump’s 2016 campaign chairman Paul Manafort have also been of interest to investigators.

  Moscow-based businessman David Geovanis

  Two witnesses who have given evidence to the Senate Intelligence Committee say the

y were asked about Geovanis’ past relationship with the President during interviews last year. The

interviews were conducted by staff working for both the Republican and Democratic sides of the committee, ac

cording to the sources, who wish to remain anonymous due to the confidential nature of the Senate inquiry.

  This is the first time that Geovanis’ name has been reve

aled in connection with the various investigations underway into Russian influence on US politics, wh

ich include a sweeping new House investigation into Trump’s financial interests.

  The Senate Intelligence Committee’s interest in Geovanis indicates its inv

estigation is delving further back into Trump’s past in Russia than previously thought.

www.gzbbwhl.com

The UK government, a key US ally on intelligence and security

  is expected to decide this spring which suppliers can provide technology for 5G networks. If it chooses to allow the use of Huawei gear

it could seriously undermine the US campaign against the company and influence other governments that are weighing how to handle the issue.

  The UK Department of Culture, Media and Sport said in a statement earlier this w

eek that it was “looking at a range of options” and that “no decisions have been taken.”

  ’A rigorous, ruthless advancement of China’s interests’

  The RUSI report — written by former diplomat Charles Parton, who spent 22 years working in mai

nland China, Hong Kong and Taiwan — warned that the UK government needed to stay alert for int

erference from the Chinese government across a range of fronts, including politics and research.

  Britain is a particularly appealing target for interference as a close

US ally with a large Chinese ethnic community and an open, advanced economy, Parton said.

  Huawei founder Ren Zhengfei: The US ‘cannot crush us’

  ”Beijing’s interference is not aimed at subverting the West, but represents a rigorous, ruthl

ess advancement of China’s interests and values at the expense of those of the West,” he wrote.

aishedesat.com