Liu’s article was published in Qiushi Journal, a flagship m

magazine of the Communist Party of China Central Committee. He said more efforts a

re needed to implement the proactive fiscal policy and boost efficiency this year.

Preventing and defusing local governments’ hidden debt risks is key to controlling major risks, he said.

Innovative financial tools will be introduced for debt swaps, and the indebted comp

anies will be allowed to choose the same way, under guidance from the local governments, Liu Shangxi, hea

d of the Chinese Academy of Fiscal Sciences, the Ministry of Finance’s think tank, told China Daily.

“The total amount of hidden debt waiting to be swapped has not yet been calculated, as this

round of debt swaps will not involve the government’s administrative orders, but depends on the ma

rket’s appetite based on the evaluation of the potential default risks and the companies’ solvency,” he said.

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Intensified law enforcement also benefits overseas ent

erprises in China. Last year, intellectual property authorities punished violators in more

than 6,000 cases of infringing on rights of trademark registrants from overseas, with a t

otal value of 151 million yuan ($22 million), an increase of 50.1 percent over the previous year, the report said.

An agreement to support young scholars’ research into the Silk Road was signed between China and UNESCO during a ses

sion of the Conference on Dialogue of Asian Civilizations in Beijing on Wednesday.

Under the agreement, an international academic program will be launched with funding of $1 mill

ion from the Chinese government to scholars under 35 years of age from around the world.

Hosted by the Ministry of Education and UNESCO, the session – entitled “Safeguardin

g the Diversity of Asian Civilizations” – focused on cultural interactions among Asian people and disc

ussed challenges in terms of revitalizing the multiple cultures of Asian countries and regions.

chuangxiangjie.cn

Festival will mark 80th anniversary of popular cantata

The Central Conservatory of Music will hold a festival from May 23 to 27 to celebrate the 80th anniversary of The Yellow River Cantata.

Written by composer Xian Xinghai (1905–1945) in Yan’an, Shaanxi pro

vince, in early 1939, the piece was inspired by a patriotic poem by Guang Weiran, and the lyrics

were adapted for the cantata. Premiered on April 13 of the same year in Yan’an, the work became, and remains, popular.

The conservatory’s symphony orchestra, choirs and chamber music grou

ps will join in the festival with 20 concerts, including the opening concert on May 23 condu

cted by Yu Feng, president of the university. The Yellow River Cantata will be performed by young singers.

Veteran Chinese musicians and singers, including Guo Shuzhen and Wang Xiufen, will perform during the festival.

Besides concerts, masterclasses and forums will be held in Yan’an.

The music festival will also celebrate the 70th birthday of the country.

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Xi calls for co-existence of various civilizationselivered a key

President Xi Jinping delivered a keynote speech at the opening of the Conference on Dialogue of Asia

n Civilizations. With the theme of “Exchanges and mutual learning among Asian civilizations and a com

munity with a shared future,” the conference aims to deepen cooperation among Asian countries. Here are the highlights:

Humanity needs cultural strength to address challenges ahead

Humanity needs cultural strength, besides economic and techn

ological strength, to cope with common challenges and head toward a bright future.

The intensifying global challenges humanity is facing now require concerted effort from countries across the world.

Asian civilizations write ‘brilliant chapter’ in human civilization

Asian civilizations have written a brilliant chapter in human civilization.

Being one of the earliest human settlements and a major birthp

lace of human civilization, Asia takes up one third of the total land on Earth, has two th

irds of the global population, and consists of 47 countries and more than 1,000 ethnic groups.

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Since women have “internalized the thin ideal” from soci

ial media, they develop a negative relationship with their bodies. This often leads th

em to engage in “fat talk”-resulting in much lower self-esteem, Shen added.

Ye, from Hangzhou, who works as an accountant for Silergy Corp, said more than 90 percent of her colleagues in the finance

department are women, ranging in age from the early 20s to late 40s. Some have families, while others are singl

e or just “jump into” romantic relations. But all of them have varying degrees of dissatisfaction with their body shape.

“Every woman in our office is unhappy with at least one part of her b

ody. One of them might say her face is too round, while others are unhappy with their arms when

we sit together and gossip,” said Ye, who weighs 48 kg but frowns as she looks at the shape of her thighs.

“I have often thought I would be more attractive if my thighs were thinner,” she said, a

dding that one of her colleagues had not eaten dinner for at least two years in order to stay slim.

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Through 10 years of dedication to quality journalism and

 technological innovation, the app now is a market leader with over 20 million downloads.W

ith eight propellers stirring in the air and the motor roaring, a flying vehicle successfully carried its inventor Zhao

Deli, who was dressed in a black suit complete with a helmet, goggles and elbow and knee protectors, into the air.

Over 500 news media industry executives, journalists, sponsors and suppliers attended the 2019 event.

The Guardian walked away with the top prize.

Besides its accurate, timely and engaging news reporting, the app also

provides the go-to source for foreigners interested in travel, study or work in China.

“One judge particularly enjoyed the intelligent algorithm basis of the newsfe

ed. The China Daily app has enormous scale, is easy to use and is very reader friendly,” said the judging panel.

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Efforts should be made to give people a more solid and

sustained sense of security, Xi said.Beijing blasts US Congress for Taiwan defense bill

Xi called for reforms in public security work and said big data should be used as a major engine to promote innovation in the sector. More

measures for higher-quality services should be implemented to give the public a substantial sense of fulfillment, he added.

While demanding that high discipline be exercised within the public security forc

es, Xi said there will be zero tolerance for violations of laws and Party discipline.

He also urged Party committees at all levels to suppo

Beijing resolutely opposes the United States House of Representatives for passing a bill on Tues

day to bolster Taiwan’s defense capability, calling it “boorish interference” in China’s domestic affairs.

Foreign Ministry spokesman Geng Shuang made the comment on Wedn

esday after the House voted to pass a nonbinding resolution reaffirming the US commitment to Taiwan. It also backed the

so­-called Taiwan Assurance Act of 2019, which supports Taiwan increasing its defense spending.

rt public security staff in exercising power and fulfilling their responsibilities in accordance with the law.

shuyin-edu.cn

Not only are there missing links on the causality chai

 between long-term structural factors and actual economic performance, it is also unclear how long those factors would take to constrain GDP growth to a part

cular level. In fact, 20 years ago, the same long-term factors were used to warn of a possible fall in Chinese GDP growth.

Because of the complexity of China’s growth trajectory, many economists seem to base their assessments of potenti

al on performance. After every drop in China’s GDP growth since the second quarter of 2012-when growth fell be

low 8 percent-economists have emerged to declare that performance was in line with potential.

Difficult to determine potential growth rate

To be sure, there are various estimates of China’s potential growth rate, ranging from 5 perc

ent to 8 percent. But it is difficult to determine which is reliable. For one thing, there is reason to believe that

most estimates fail to discount cyclical factors adequately when calculating the long-term trend.

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Pet dogs and cats from other countries or regions can als

be released immediately after passing on-site inspections, providing they

have valid electronic chips and their owners have valid reports showing rabies anti

body test results from any of 62 authorized laboratories in various countries, according to the regulation.

Certified service dogs, such as guide dogs, will also be free from extended quarantine periods.

If the animals fail to meet the above-mentioned three criteria, they have to be quarantined for 30 days, according to the regulation.

Under previous rules, all pets, except service dogs, had to be placed under quarantine in desi

gnated areas for at least seven days, and in some cases 30 days, upon entering the Chinese mainland.

The former General Administration of Quality Supervision, Inspe

ction and Quarantine, which supervised entry-exit inspections and quarantines, told China Daily

in 2016 that it was considering revising the regulation so pets could be released after passin

youyouxinglv.cn

Six Chinese killed in Sri Lanka bombingsside the Grand Mos

The Chinese Embassy in Colombo confirmed the death of four Chinese scientists in the Easter

explosions in Sri Lanka on Tuesday night, raising the number of Chinese killed in the attacks to six.

The embassy said in a statement that the four Chinese scientists were from the Chinese Academy of Sciences and the First

Institute of Oceanopgraphy under the Ministry of Natural Resources of China, who arrived in Sri Lanka in the mi

d of April for research purposes. Their bodies had been found and identified by family members.

The embassy said another five people from the Chinese Academy of Sciences were a

lso injured during the explosions, all of whom already went back to China for further treatments.

In the statement, the Chinese Embassy strongly condemned the terror acts, offered

deep condolences over the death of the four scientists, and thanked the Sri Lankan government for its assistance.

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