School students and adult visitors learn about making pri

nts and carving stamp seals and learn about the appreciation of and technological metho

ds being used in the conservation of the age-old buildings at the Palace Museum, MayIn celebration of this

year’s International Museum Day, the Palace Museum in Beijing turned itself into a dynamic stage on Saturday an

d offered a variety of activities to echo this year’s theme, “Museums as Cultural Hubs: The Future of Tradition”.

Students and adult visitors were invited to the museum to learn about

making prints and carving stamp seals and to learn about the appreciation of and tec

hnological methods being used in the conservation of the age-old buildings at the Palace Museum.

The Chinese Musicians Association’s choir gave an outdoor performance. An exhibitio

n opened showing dozens of lithographs by artists from countries involved in the Belt and Road Initiative.

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China announces new tariffs on US goodsday that it wil

China said late on Monday that it will increase tariffs on the bulk of $60 billion of US imports to three categories of rates between 10% and 25%.

For the rest of the $60 billion US imports, the duty rate will remains at 5 percent.

The tariffs will hit around 5,000 products and will take effect on June 1.

It is China’s latest response to the additional US tariffs on $200 billion of Chinese goods, which were implemented on Friday morning.

The move fully demonstrates Beijing’s firm determination to defend its due interest

s and legitimate rights in international trade and economic cooperation, according to analysts.

Guanxi, compadrazgo and bapakism. Three words from China, the Philip

pines and Indonesia that encapsulate the same values of the vast continent through the a

ges-a shared belief in the importance of the family and the community over the individual.

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Officials urged to create safe, stable societyand

Xi underlines building professional forces at key meeting on public security

President Xi Jinping urged the nation’s public security forces to fulfill their responsibilities and missions in the new era to cr

eate a safe and stable social environment that enables people to feel an even stronger sense of security.

Xi, also general secretary of the Communist Party of China Cent

ral Committee and chairman of the Central Military Commission, made the remark at a t

wo-day national conference on public security work, which concluded in Beijing on Wednesday.

He called for building highly professional public security forces that are loyal to the Pa

rty, serve the people, promote impartiality in law enforcement and remain disciplined.

Under the new historical conditions, public security departments must

adhere to the overall national security outlook and a people-centered approach, Xi said.

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And, despite ongoing tensions, the total value of impo

orts and exports rebounded sharply in March, reaching 9.6 percent higher than March 2018. S

o, overall trade grew by 3.7 percent year-on-year in the quarter despite low growth rates in January and Febru

ary. Exports of electrical and mechanical products, which are higher value added, grew by 5.4 percent in the qua

rter. And, private sector trade grew 9.9 percent, far more than the overall growth rate.

I am worried to see that total investment in real estate grew by 11.8 per

cent year-on-year. Having lived through the 2008 finan

cial crisis in the United States, I’m wary of continued high investment in real estate in a time when property prices are al

ready astonishingly high and China’s living space per person has already surpassed that in Europe.

The bottom line is that fiscal and monetary policies combined with policies to promote structural transformation have

achieved a stable macroeconomic situation and steady movement toward supply side upgrading.

12xe6.cn

China’s foreign direct investment up 6.5% in Q1

China’s foreign direct investment (FDI) totaled 242.28 billion yuan in the first quarter of t

his year, up 6.5 percent year-on-year, the Ministry of Commerce said Thursday.

FDI in China from non-financial sectors reached $35.8 billio

n in the first three months, up 3.7 percent year-on-year.

Investment from South Korea, the United States and Germany in China m

eanwhile increased 79.6 percent, 71.3 percent and 86.1 percent year-on-year, respectively.

Foreign capital flowing to the country’s high-tech manufacturing s

ector surged 14.8 percent year-on-year to 25.97 billion yuan during the same period.

March’s FDI amounted to 95.17 billion yuan, up eight percent year-on-year.

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JD Logistics responds to criticism over courier pay cuts

JD Logistic, the logistics arm of the Beijing-based tech heavyweight JD

.com, will cancel the basic salary for delivery staff , CEO and Chairman Liu Qiangdong said i

n response to arguments on the company’s salary adjustments in an internal email sent on Monday.

JD Logistics lost over 2.3 billion yuan ($342.9 million) in 2018, its 12th consecut

ive year to lose money. If the situation continues, Liu said, the company would only last for two more years.

If internal settlements are deducted, JD Logistics lost more than 2.8 billion yuan last year.

The main reasons for the loss are few external delivery orders and high internal costs, Liu said.

The company has only two choices, according to Liu: one, increase external delivery orders to promote external inco

me growth; the other, reduce staff members’ well-being to the level of other express companies.

Reducing fund ratios to average levels and canceling the basic salary a

ims to encourage couriers to get more external delivery orders and increase revenue.

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Minor earthquake in Beijing “normal, isolated event”

A 2.9-magnitude earthquake at a depth of 17 kilometers was detected at 1:25 pm on Sunday in Be

ijing’s Haidian district, according to the China Earthquake Networks Center.

Two earthquake experts said the minor quake was a normal activity in the

earth’s crust caused by changes in crustal stress, and th

ere is no need for the public to panic, according to a report on huanqiu.com.

“It is a normal and isolated event,” said Guo Xun, dean of the Civil Engineering

School at the Institute of Disaster Prevention.

“As Beijing is at the junction of the earthquake zones of Shanxi province, the

Hebei Plain and Yanshan Mountain, the city will e

xperience one to two earthquakes at around magnitude-3 degree every year,

according to past exper

ience,” Sun Shihong, a researcher at the

China Earthquake Networks Center, added.

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seeks further delay to Brexit, compromise with Labour Party

 Prime Minister Theresa May said on Tuesday she would ask the European

Union for a further delay to Brexit beyond

April 12 to give her time to sit down with the opposition Labour Party in a bid to

break the impasse over Britain’s departure.

Nearly three years since the United Kingdom voted to leave the EU in a shock referend

um result, British politics is in crisis and it is unclear how, when or if it will ever

leave the European club it first joined in 1973.

In a hastily arranged statement from her Downing Street office after spending

more than seven hours

chairing crisis cabinet meetings on how to plot a way out of the Brexit maze, May

said she was seeking a further extension to Brexit.

“We will need a further extension of Article 50, one that is as short as possible and which ends when we p

ass a deal. And we need to be clear what such an extension is for, to ensure we leave in a timely and orderly way,” she said.

ypidv.cn

Following his visits to Spain and Portugal in late 2018, Xi

came to Europe again in his first overseas trip this year, manifesting the great importance China attaches to Europe, Wang said.

In a world of unprecedented transformations, Xi noted that a stable, strategic and reciprocal China-EU relationship is urgently needed.

Wang said during his visit, Xi had in-depth communication with the European leaders to discuss cooperation in internation

al issues and reached important consensus of adhering to multilateralism, and discarding isolationism and unilateral moves.

He also said Xi and the European leaders agreed to enhance coordination and cooperation wit

hin the UN system, give full play to the constructive role of global and regional multilateral mechanisms s

uch as the World Trade Organization, the International Monetary Fund, the World Bank, and Group of 20 and the EU, and

actively contribute to solving international conflicts, combating climate change and promoting sustainable development.

In his keynote speech at the global governance forum, Xi raised “four deficits” in global affairs including governance deficit, tru

st deficit, peace deficit and development deficit. To address these deficits, he proposed a four-pronged approach of fairness and reas

onableness, consultation and understanding, joint efforts and mutual assistance and mutual benefit and win-win results.

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Zhang added the overseas buyers have professional know

ledge of jewelry and the history of the brands. She has placed many orders after watching these livestreaming videos.

Zhang is among the growing consumers who are willing to accept new things, learn about

overseas brands, cultures and lifestyle as well as make friends with overseas shoppers who share the same interests.

Online shopping via livestreaming videos is gaining traction among the post-80s and post-90s generatio

n consumers, who have increasing demands for premium brands and high-quality imported products amid consumption upgrade.

Statistics from Chinese cross-border e-commerce platform Ymatou showed that nearly 32 perc

ent of users buy products through livestreaming videos, and the post-80s and post-90s generation consumers, who tend to buy medieval peri

od jewelry, clothing and bags by watching livestreaming videos, have become the main force of overseas online shopping.

In the meantime, the post-2000 generation prefers to buy fashion brands, beauty makeup products, with high repurchasing rates.

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