China has to walk a fine balance between local govern

nment debt management and stable economic growth, especially at a time when trade te

nsions with the United States have imposed more downward pressure, said economists.

More financial resources and investors will be involved in the debt resolution process, said Qiao Baoyun, head of the Acad

emy of Public Finance and Public Policy at the Central University of Finance and Economics.

The last round of local government debt swaps started in 2015 and ended in August 2018, w

hich saw 14.34 trillion yuan ($2.08 trillion) of local government debt being swapped into bonds.

Local governments are set to face more debt burden in the next three ye

ars, as many of the previously issued bonds are set to expire, income from land sales has

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He said that it’s of great importance to promote such philos

philosophies to enhance the exchanges and mutual learning of diverse civilizations.

Frederick W. Russell-Rivoallan, a program specialist and head of social and human sciences for UNESCO, hailed the dialogue of Asian civilizations.

“It’s a great way to concentrate in this part of world, but it’s also

a global inspiration – bringing countries together, understanding other cultures, respecting each

other and sharing with each other,” he said. “That’s the way that we can understand each other better and live together better.”

China will extend 1,000-Megabyte broadband connection to more than 300 cities and cut the

average service rates by 15 percent for small and midsized enterprises this year. The measures are desi

gned to achieve multiplying effects of expanding domestic demand, boosting employment and improving people’s lives.

The decision was made at the State Council’s executive meeting chaired by Premier Li Keqiang on May 14.

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According to the latest plan, the new line will extend north

ward underground to Lize Financial Business Area, which is about 3.5 km from Caoqiao Statio

n, so passengers can transfer to Line 14 and Line 16, which are under construction, and Line 11, which is planned.

Masood Khalid, Pakistani ambassador to China, said Chinese culture is a reflection of the cou

ntry’s long and rich history. “It is a civilization that has made an imprint on global culture,” he said.

The ambassador listed a variety of manifestations of Chinese culture, which include Chinese cuisine, dance, art, and costume.

“The way Chinese people attach importance to their family and their children, lookin

g after the elderly – all these practices and traditions have been inherited over time,” he said. “Then after har

d work, they come together with their families and friends.”

A city terminal will be established in the Lize Financial Business Area, p

roviding check-in and luggage check services. Passengers will enjoy more convenience with

the ability to check their luggage and get their boarding passes before they arrive at the new airport.

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Uber was the biggest of a group of Silicon Valley startu

ups that have spent years raising money in private rounds at record prices. Many of these com

panies are now looking to follow with their own IPO. Some, like Uber and Lyft, are unprofitable.

Workplace messaging company Slack Technologies Inc plans to hold an investor presentation on Monday in adv

ance of its direct listing next month. Grocery and food delivery platform Postmates, WeWork owner The We Co

mpany and online mattress retailer Casper Sleep are among startups seeking to launch IPOs this year.

“If a venture capital investor wants to burn cash they can do that as long as they want, bu

t once you get to the public markets you have to show profitability or a path to it,” said Jordan Stuart, a po

rtfolio manager at Federated Kaufmann who often purchases companies’ shares during an IPO.

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what their children are really good at-and when

To ease the anxiety of parents, especially moms, kids should be taught how to

be a good person, rather than just be good at cracking exams and earning good scores.

Parents should be happy if their children excel in their own chosen

fields, and teach them the importance of honesty, kindness and shared responsibilities.

These good traits will help the kids a lot in their future development.

Over-anxious parents, on the other hand, could prevent kids from excelling in even their own chosen fields.

Liu Xiuying, director of home education institute at China Youth and Children Research Center

The China Earthquake Administration pledged to enhance its earthquake detect

ion capability as it rolls out an experimental project in the country’s tremor-plagued southwestern region.

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ves us hope that China could become a global movie pow

powerhouse in the future, even though Chinese filmmakers have to hone their skills and g

ive life to attractive and meaningful stories on screen in order to compete with the world’s best.

Filmmakers should focus more on publicity

Li Guomin, adviser to China Film Association and Changchun Film Group Corporation

That China has produced some excellent films, including the Red Sorghum, Farewell My Concubine and The Wan

dering Earth, while allowing foreign films to be screened in the country demonstrates both its cultural inclu

siveness and independence, without which the Chinese movie market could not have become so vibrant.

In some sense, China has made more marked achievements in reforming and developi

ng its film industry than most other countries, including India that is known for its Bollywo

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he bill establishes a technical assistance mechanism bet

tween law enforcement departments, intelligence agencies and

private institutions. In short, it authorizes Australia’s national law enforcement to issu

e mandatory “Technical Assistance Notices”, “Technical Capability Notices” and “Computer Access and Assistance Ord

ers” to all communication providers. Upon receiving the notification and instruction, the communication provider mu

st undertake a number of activities, for example, decrypting specific communications, installing specific softw

are on the network, modifying or replacing services, providing assistance in accessing facilities, and providing sour

ce code, third-party provider profiles, network device encryption schemes, and more.

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Specifically, the draft likely will and should feature key

 reforms to foster an investor-friendly legal system, represented by strengthened information disclosure, prot

ection of investors’ rights and interests, and crackdown on legal breaches, Liu said.

China must promote the healthy development of the capital m

arket through key institutional innovations, the Political Bureau of the Communist Part

y of China Central Committee, the Party’s core leadership, said a statement released after a meeting on Friday.

Dong said the revised law is likely to be adopted by the end of the first half of the ye

ar, adding it is imperative and possible to expedite rolling out the revised version.

“Previously, controversies over the registration-based IPO system reform ha

ve prolonged the revision process, but now this factor has been largely lifted,” he said.

“As foreign investors are set to play a bigger role in China’s capital

market development, the revised law should also consider clarifying the rights and oblig

ations of overseas investors, to help them form a stable policy expectation,” said Xue Yi, an associate p

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Zheng Nanning, a researcher at the Chinese Academ

 of Engineering and head of the innovation research academy of intelligent robotics at Xi’an Jiaotong Univer

sity, said the university began considering an undergraduate AI major in 2016, and it has since established an experi

mental undergraduate AI class in 2018 with 55 students taught by the country’s leading AI experts.

The university established the academy in October 2017 and an AI school in Janua

ry. The academy has 26 master’s candidates and eight doctoral candidates, Zheng said.

“Universities should aim for major breakthroughs in basic res

earch and core technology. We are still striving to achieve

revolutionary and disruptive changes in AI theories, methods, tools and systems,” he added.

The ministry issued an action plan in 2018 to promote AI educa

tion in universities. According to the plan, universities in China will improve AI discip

line and make breakthroughs in basic theories and key technology research by 2020.

Chinese universities will become core forces for building major global AI innovation centers by 2030.

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Gathering various resources, the city clusters will bene

efit from economies of scale and agglomeration, and the coordinated development of those city clusters will help sha

re and build the basic urban foundation, bring stronger competitiveness and improve pe

ople’s lives,” said Chen Yuyu, an economics professor at Peking University’s Guanghua School of Management.

Nine Occupy activists, including three chief organizers, were found guilty for their involve

ment in the 2014 illegal Occupy protests, a Hong Kong court ruled on Tuesday.

University of Hong Kong law professor Benny Tai Yiu-ting and sociologist Chan Kin-man, two of th

e three chief organizers, were convicted of conspiracy to commit public nuisance and inci

tement to commit public nuisance, according to the West Kowloon Magistrates’ Courts.

The other chief organizer, pastor Reverend Chu Yiu-ming, was convicted of conspiracy to commit public nuisance.

Five other defendants, namely legislator from the Civic Party Tanya Chan Suk-chong, legislator and social worker Shiu Ka-C

hun, social activist Raphael Wong Ho-ming, and former student leaders Tommy Cheung Sau-yin and Eason Chu

ng Yiu-wa, were found guilty for incitement to commit public nuisance and incitement to commit public nuisance.

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