So far, 15 countries including Iran and Mongolia have

According to the administration, the mechanism can switch the on-duty satellite to a quick-scan mode focusing on areas required by users when they are hit by disasters.

“During disasters, Fengyun satellites can scan as often as every five or six minutes. The China Meteo

rological Administration could send users cloud images and products via satellites and public clouds,” Wei said.

For example, in March, China provided a remote-sensing monitor repo

rt on flooding in Iran via Fengyun. The analysis estimated the coverage and ter

rain characteristics of the flooded area, which greatly assisted the country’s evacuation efforts.

China has launched 17 Fengyun series meteorological satellites, of which seven are currently operational.

The World Meteorological Organization has included China’s Fengyun serie

s of meteorological satellites as a major element of its global Earth observation system.

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Some companies find niche markets in the industry by

producing specialized bicycles for health, sports and slow urban lifestyles.

Century-old bike-maker Shanghai Phoenix Enterprise (Group) Co Ltd and Tianjin Flying Pigeon Cycle Development Co are

transforming to produce sports and leisure bicycles based on the fast growth for these types of products.

The output of such bicycles priced above 1,000 yuan saw an 18.5 percent year-on-year increase to 8.43 millio

last year, up 10.5 percentage points over the previous year and accounting for about 11.5 percent of the total.

Other companies including Bike8, Onelap and Incolor continue to manufact

ure innovative bicycles by improving the intelligent and network connecting levels of their products

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In the 1980s, the share of the US in the world econ

omy was more than 20 percent; in the past four decades, it has steadily

declined to 15 percent. At the same time, China’s share (in purchasing powe

r parity terms) has soared from 5 percent to about 20 percent. While the PPP indicators inflate the

pace of progress, the trend lines do herald a coming structural shift in the world economy.

China can foster the share of developing nations

In the future, the well-being of the advanced economies will de

pend on the rising living standards in less-wealthy nati

ons. And just as US leadership supported the role of the advanced countries in the 20th century world, Ch

ina has the potential to foster the share of emerging and developing countries in the 21st century.

In particular, the China-proposed Belt and Road Initiative can redirect domestic overcapacity and ca

pital for regional infrastructure development to improve trade and relations with Southeast and So

uth Asia, Central Asia, the Middle East and Europe-even across the Americas and Sub-Saharan Africa.

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A spokesman for Boeing Co said that the company

 was aware of the incident and was gathering information.

The charter company is contracted by the military for its twice-weekly “rotator” roundtrip

service between the US mainland and Guantanamo Bay, said Bill Dougherty, a spokesman f

China is concerned about protecting its own rapidly growing intellectual property, leading to increased reco

gnition of the issue’s importance, according to US citizens with business ties to the country.

Frank Wu, president of the Committee of 100, a nonpartisan leadership organization of prominent Chinese Ame

ricans in business, government, academia and the arts, said, “China has made great progress. China has its own inte

llectual property to protect. That includes both in the global marketplace and also internally.or the Jacksonville base.

It flies every Tuesday and Friday from the Naval Station Norfolk in Virginia to the Jacksonvil

le air station and on to Cuba. It then flies back to Virginia with a stop again at Jacksonville, Dougherty said.

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McGuinness identified a great number of opportuni

ties brought by the BRI, which by some estimates could be worth 1.8 billion pounds ($2.33 billion) annually to the British economy.

As a financial hub for international infrastructure investmen

t, British firms and international companies based in the UK stand ready to provide many of the ser

vices required along the Belt and Road, especially as it becomes more of a shared venture, she said.

They can also provide private financing required by the project and support thro

ugh green finance, consultancy, rule of law and foreign exchange, McGuinness added.

Seventy years after the founding of the People’s Republic of China, ties between China and UK h

ave gone from strength to strength, with bilateral trade now worth nearly 70 billion pounds, McGuinness said.

“I look forward to celebrating this long, fruitful relationship with our Chinese counterp

arts, and to marking the next chapter of our partnership in the Belt and Road,” she added.

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Consensus to lead to common prosperityries pose f

President says gathering sets stage for more Belt and Road progress, cooperation

More than $64 billion in deals were signed during the Second Belt a

nd Road Forum for International Cooperation, President Xi Jinping told members of the me

dia from home and abroad in Beijing after the three-day event concluded on Saturday.

In addition, Xi said, during the preparation and holding of the fo

rum, parties reached 283 pragmatic outcomes, including intergovernmental cooperation agre

ements, cooperative projects and the launch of multilateral cooperation platforms.

The outcomes fully demonstrate that joint building of the Belt and Road conforms to the trend of the times, wi

nning the hearts of the people, improving livelihoods and benefiting the whole world, he said.

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We believe that with the passing of time and the sy

nergy of all parties, Belt and Road cooperation will definitely become deep and concrete, steady and extensive,” the report said.

“The Belt and Road will become a road of peace, prosperity, opening up, green development, innovatio

n, connected civilizations, and clean government. It wi

ll make economic globalization become more open, inclusive, balanced and beneficial to all.”

China will improve its oversight of human related scientific research and medic

al tests under draft laws and amendments submitted to China’s top legislature for review on Saturday.

Medical and scientific research related to human genes and embryos mi

ght present risks to health or violate ethics, and they must be strictly regulated therefore, said She

n Chunyao, senior legislator of the Constitution and Law Committee of the National People’s Congress.

A new item has been added to the country’s draft civil law, requiring that all

medical and scientific research related to human genes and embryos must f

ollow strict rules, laws and regulations, and should not pose a threat to people’s health or violate moral or ethical codes.

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The latest official tone came from central bank’s D

puty Governor Chen Yulu over the weekend. He reassured that monetary policy will remain “p

rudent” and “with proper intensity”. The growth of broad money supply (M2) and aggregate social financi

ng should align with nominal GDP growth, according to a statement on the central bank’s website.

The deputy governor delivered a speech at the 39th mee

ting of the International Monetary and Financial Committee in Washington.

Chen also stressed that the further improvement of the exchange rate regime wo

uld “keep the renminbi exchange rate generally stable at an adaptive and equilibrium level”.

Lu Ting, chief economist in China with Nomura Securities, wrote in a research note that de

spite solid credit growth, underpinned by ongoing monetary and credit easing measures, the government is u

nlikely to engineer another long and large-scale “credit boom” due to much narrower policy room than before.

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According to the Shanghai Municipal Commission of E

conomy and Informatization, the trade-in program targets the 603,000

vehicles complying with State-III emissions standards or below in this city.

Shanghai also encourages owners of public service vehicles — such as buses, sanitation vehi

cles, postal cars, taxis and light logistics vehicles — to replace their current vehicles with electric ones.

The city will improve auto financing, leasing and used car trading, as well as the construction of charging poles and hydrogen

refueling stations, to promote the use of new energy vehicles, the commission added.

The Shanghai Automotive Industry Corporation G

roup (SAIC), China’s largest automobile manufacturer, has set up a 3 billion yuan fu

nd to support the trade-in program, with trade-in models limited to its Roewe, MG and Maxus brands.

A gasoline vehicle trade-in would enjoy a subsidy of 10,000 yuan per vehicle, while a new en

ergy vehicle trade-in would receive a subsidy of 15,000 yuan, the manufacturer said.

In fact, the group had lowered prices of its Roewe- and MG-branded

vehicles last month, in response to China’s VAT reduction policy that started April 1.

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children and allocate more resources to the eyesi

ight examinations, and counselling services, he said.

Education departments will supervise schools to take concrete measures and eval

uate their performance, Minister of Education Chen Baosheng said at the meeting.

The State Council, China’s cabinet, said Wednesday it was necessary to amend laws and sup

porting regulations and policies to ensure the implementation of the foreign investment law.

Draft amendments for administrative licensing law, trademark law, construction law a

nd electronic signature law were passed Wednesday at a State Council executive meeting presided over by Premier Li Keqiang.

It was also decided at the meeting to submit the draft amendments to the Standing Committee of th

e National People’s Congress, China’s top legislature, for deliberation, according to a statement after the meeting.

Suggestions for revisions include adding the principle of “non-discrimination” in administrative licensi

ng, substantially raising the amount of compensation for infringing exclusive rights to use trade

marks, and cutting approval time for applications for qualified construction permits.

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