We must work together to ensure that big data, and the

e technologies that it enables, are harnessed for the benefit of mankind while minimizing the risks to devel

opment, peace and security and human rights,” Guterres said in a congratulatory letter to the expo.

Miao Wei, minister of industry and information technology, said China has already made sig

nificant progress in bolstering the big data industry with a string of big data platforms established in sect

ors such as manufacturing, commerce, finance, transportation and medical care.

“We will make a fresh push to integrate cutting-edge information technologies into the re

al economy, including establishing a national industrial data center, to better power the country’s sp

rawling manufacturing sector,” Miao said at the opening ceremony of the big data expo.

www.sdnxs.org

Renminbi to remain stable, regulator saysknotes at a ba

Central bank vice-governor voices confidence amid currency volatility

The monetary authority vowed to stabilize the renminbi amid escala

ted trade tensions, while continuing to push forward financial opening-up and pr

otecting overseas investors’ legal rights, said a senior official from the central bank on Sunday.

“We have the foundation, confidence and capacity to maintain a stable foreign exchange ma

rket in China, and keep the renminbi exchange rate at a reasonably stable equilibrium,” said Pan Gongsheng, vi

ce-governor of the People’s Bank of China, the central bank, said in a statement on its website.

Before his pledge, the onshore renminbi rate depreciated to 6.9182 per do

llar at Friday’s close, the weakest level since December, and the offshore renminbi rate h

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f the escalation of the bilateral trade dispute is not a short det

detour before reaching a deal sooner or later, then the economic impact for consumers in China and t

he US, as well as other parts of the world, will be fairly costly, said Chen Wenling, chief econ

omist at the China Center for International Economic Exchanges.

Whether they buy finished products or goods made from r

aw materials and components, the tariffs still exist, Chen said.

The escalation will make goods produced by both countries less co

mpetitive and cause large-scale job losses, said Chen.

Wei Jianguo, former vice-minister of commerce, said economic conflict

s and trade friction between China and the US that draw global attention will happen fro

m time to time in the future, and these should be rationally regarded and prepared for.

www.wuxianzhongguo.cn

The aircraft, a Sukhoi Superjet 100 from Aeroflot Russ

sian Airlines, was bound from Moscow for Murmansk in Russia’s far north.

It made an emergency landing at the airport shortly after takeoff with 73 passengers and five crew members aboard.

The aircraft circled before making a hard landing back at the airport after the crew issued a mayday alert.

As seen in CCTV footage, the plane touched down hard and skidded along the runway, spewing out plumes of black smok

e and nearly completely afire. The plane’s undercarriage collapsed as it slowed to a halt on the tarmac.

Yelena Markovskaya, spokeswoman for the Moscow interregional tr

ansport investigation department of the Investigative Committee of the Russian Fed

eration, said on Monday that 37 people survived, including four crew members.

www.shadoujiazu.com.cn

China to support 5,000 people for BRI innovation excha

China will support 5,000 people from innovation sector in Belt and Road countries i

n conducting exchanges, training programs and joint researches in the next five years.

Sustainable development under BRI stressed

China will work with other parties to promote a coalition of sustainab

le cities and an international coalition for green development under the Belt and Road Initiative.

China to invite 10,000 representatives of political parties, think tanks, NGOs from B&R countries

A total of 10,000 representatives of political parties, think ta

nks and non-governmental organizations from count

ries participating in the Belt and Road Initiative will be invited to China for exchanges in the next five years.

China to allow foreign businesses in more sectors with controlling or full stake

China will allow foreign investors to operate businesses in more sec

tors with controlling or full stake. China will roll out a new batch of pilot free trade zones.

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The two countries should take the opportunity to join

intly build the Belt and Road, deepen mutual political trust and pragmatic cooperation and pr

omote the development of the China-Chile comprehensive strategic partnership to a higher level, Xi said.

The two countries should promote the upgrading of bilateral tra

de and investment and enhance cooperation in such areas as minerals, clean energy, infor

mation technology, e-commerce, innovation and scientific research on the Antarctic, he said.

Xi called on the two countries to make joint efforts to celebrate the 50th anni

versary of China-Chile diplomatic ties next year and promote people-to-people exchanges.

China supports Chile’s hosting of the United Nations climate change confere

nce and the Asia-Pacific Economic Cooperation economic leaders’ meeting this year, Xi said.

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From January to March, government tax income inc

creased by 5.4 percent year-on-year, 11.9 percentage points lower than that in the first quarter 2018.

Individual income tax decreased by 29.7 percent, the largest drop among three major tax item

s. Value-added tax growth has already slowed to 10.7 percent, down from 20.1 percent a year earlier.

Local government income from land sales fell 9.5 percent in the first three months, the Ministry of Finance said.

As the central bank has taken a pause in monetary easing, fiscal policy should remain pro

active to stabilize economic growth and ensure the recent rebound is not just a seasonal fluke, said economists.

Xu Xianchun, a former deputy director at the National Bureau of Statist

ics, said that fiscal policy should be implemented “with proper intensity and at the right time”, t

o prevent large fluctuations in the investment growth rate and negative impact on economic stability.

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The two countries should walk in the same direction and

d further enhance border management to safeguard the safety and stability of the border region, Xi said.

China-Myanmar relations have developed well in all areas, Xi said, add

ing that the two countries have made new progress in jointly building the Belt and Road.

Cooperation between the two countries and the two armies has maintained sustainable and healthy dev

elopment, Xi said, adding that the visit is expected to bring new progress in their defense and military cooperation.

Min Aung Hlaing said Myanmar and China have a long history of traditional friend

ship, and the two countries and two armies have maintained good development.

Myanmar is grateful for China’s support for the development of the country and the ar

my, he said, adding that Myanmar appreciates China’s support of its domestic peace process.

Myanmar welcomes and supports the building of the Belt and Road, and the country wo

uld like to take effective measures to maintain the stability of the border region, he added.

Min Aung Hlaing is making his fifth visit to China since becoming Myanmar’s commander-in-chief of defense services in 2011.

www.shuyin-edu.cn

Nearly 3.4 billion trips were made on Chinese rail line

 last year. Every day, an average of 5.5 million people use the nation’

s high-speed trains, accounting for nearly 60 percent of daily users of the country’s rail network.

The State-owned rail car manufacturer CRRC Corp, the world’s largest train maker, had sta

rted developing a new-generation of bullet train that will operate at 400 kilometers per hour.

A preliminary report issued on Thursday by Ethiopian officials found that a malfunctioning sensor sent incorrect inform

ation to a Boeing 737 Max 8 jetliner, triggering an anti-stall system that began a chain of events that ended with th

e plane nose-diving into the ground, killing 157 people on March 10, the Associated Press reported.

Boeing has acknowledged that the sensor malfunctioned in the Ethiopian Airlines 737

Max jetliner, triggering the anti-stall system when it was not needed, the AP reported.

In addition, CRRC is designing two types of maglev trains-a 600 km/h high-speed version and a 200 km/h medium-speed ver

sion. Designers said the company expects to put them into service sometime around 2021.

www.bwdq.com.cn

Short Brexit delay possible, but conditionalonald Tusk has said

short delay to Brexit is possible, but will be conditional on the House of Commons passing the Withdrawal Agreement.

“The question remains open as to the duration of such an extension,” Tusk, the President of the European Council, said.

Tusk said he spoke to Theresa May on the phone earlier this afternoon.

“May’s proposal of the 30 June, which has its merits, creates a series of questions of a leg

al and political nature,” he added. “Leaders will discuss this tomorrow.”1 hr agoDona

ld Tusk speaking nowThe President of the European Council, Donald Tusk, is giving a press conference in Brussels.

1 hr 9 min ago
MPs surprised by “downright reckless” strategy, Starmer says
Labour’s Sha

dow Brexit Secretary Keir Starmer has opened the emergency debate into the Brexit delay by quoting Ther

esa May’s de facto deputy David Lidington, who said last week that if May’s divorce deal was not passed by parl

iament, seeking “a short and, critically, one-off extension would be downright reckless.”

Starmer says those statements led MPs to believe that May would reques

t a long extension if she hadn’t passed her plan — but May has asked for a delay only until June 30.

He adds that the confusion is symptomatic of May’s Brexit strategy to date — to “put parliament as far away as possible from the process.”

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