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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Qiu said the country’s capacity for hazardous waste tre

tment reached 75 million tons in 2017, 2.3 times that of 2012. Meanwhile, about 40 million tons of ind

ustrial hazardous waste was generated in 202 major cities across the country in 2017, according to the ministry.

China, however, still lacks a sound system for hazardous waste management. According to an enforcement

report of the Solid Waste Control Law released by the National People’s Congress Standing Committee, the to

p legislature, in November 2017, the total amount of hazardous waste in the country remains unverified.

Over 40 percent of China’s capacity for processing hazardous waste oft

en remains idle. Every year, more than half of the hazardous waste generated across the cou

ntry was utilized or disposed of by its respective producers, and most of this activity was unsupervised, the report said.

Wang Yi, a member of the NPC Committee of Environment Pr

otection and Resources Conservation Committee, told China Daily in March that sup

ervisors lack a clear idea of how much hazardous waste is being produced annually nationwide.

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Former Chongqing court official killedestigated by

Tan Zhihua, former vice-president of the No 2 Intermediate Peopl

e’s Court in Chongqing, was killed during an alleged burglary, ThePaper.cn reported on Sunday.

The Shanghai-based website said the news was from an authorized source, but it did not disclose it.

The case is being investigated by local police, it said.

Tan, 55, a Chongqing native, was removed from his court post in December 2016.

CHENGDU — A forest fire that killed 27 firefighters and three locals in southwest China’s Sich

uan province a week ago started to burn again Saturday afternoon, local authorities said Sunday.

Around 5 pm on Saturday, the fire was found to have started in the northeastern part of the fo

rest, according to the sources with Muli County, Liangshan Yi autonomous prefecture.

So far, 350 firefighters are battling the fire and other 440 locals from neighboring towns have rushed to the site.

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The two countries should take the memorandums of underst

understanding as an opportunity to connect the BRI with Italy’s own development plans, including building seaports in northern Italy, Xi said.

He called for upgrading bilateral cooperation in such priority areas as space technology, inf

rastructure, transportation, environment and energy, and also expanding third-market cooperation in relevant fields.

Conte said he considers participation in the BRI as a historic opportunity for Italy, a

nd trusts the move will help the two countries tap potential for bilateral cooperation.

Conte added that he expected to attend the second Belt and Road F

orum for International Cooperation, which will be held in Beijing next month.

Italian economist and China expert Michele Geraci hailed the memorandum of understandi

ng signed between the two countries as “a win-win-win for Italy, the rest of Europe and China”, and said he be

lieves more European countries will follow his country’s lead and sign up to be involved in the BRI.

gzbbaf.com

Just in the past hour, I spoke with my South Korean count

  terpart and we’ve discussed their reaction and our reaction, but I would like to speak further within US govern

ment before we respond,” Bolton told reporters on the White House North Lawn Friday.

  It comes after the US special representative for North Kore

a said Monday that Washington would not accept a phased denuclearization by Pyong

yang and maintained that the two nations remain closely engaged despite the collapse of the Hanoi summit.

  ”Let me start by saying the obvious — that diplomacy is still very much alive,” Stephen B

iegun said at the Carnegie International Nuclear Policy Conference in Washington, DC on Monday. “While we haven’t made as much progress in the six

months as I would’ve hoped coming in on the first day, we stay closely engaged with our counterparts in North Korea.”

  He downplayed recent satellite images that analysts say show activity at North Korea

n missile sites and urged against making any “snap judgment” on the significance of the images that appear to sho

w that North Korea has begun rebuilding a portion of the Sohae facility previously used to test long-range missile engines.

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Alibaba’s smart logistics network Cainiao Network has a

tracted over 3,000 logistics companies worldwide and formed strategic cooperati

on with postal, air transport and maritime dedicated line networks with major countries in the world.

Express deliveries in China have increased at a rapid rate in the past decade, with 50 billion deliveries in 2018 accoun

ting for over 40 percent of the world’s total. China’s logistics infrastructure has transformed to tech

nology-intensive from labor-intensive within the same period.Electric carmaker Tesla Inc said on Sunday it will rais

e vehicle prices by about 3 percent on average worldwide as it plans to keep more retail stores open.

Tesla said the current prices are valid until March 18 and the pr

ice hikes will only apply to the more expensive variants of Model 3, Model S and Model X.

There will be no price increase to the $35,000 Model 3, the company added.

nqmqgh.cn

ollege entrance exam reform extends to more provinces

An ongoing reform of China’s college entrance exam and enrolling system, under which stude

nts used to be selected for their performance on a single test, has been extended to cover more pro

vinces in China, according to the Ministry of Education.

Initiated in 2014, the reform aims to make the selection of studen

ts and their enrollment in universities a more sc

ientific and fair procedure and promote education for students’ all-around development.

In 2018, the reform was expanded to eight provincial-level regions, n

amely Hebei, Liaoning, Jiangsu, Fujian, Hubei, Hunan, Guangdong and Chongqing, whe

re Year-1 high school students starting from fall 2018 needed to prepare for the change.

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Charm of early spring starts bloomingFujian readies po

Fujian province has completed early preparations to supply electricity to the Taiwan island

s of Jinmen and Matsu, a spokesman for the Chinese mainland said on Wednesday.

The mainland will also push forward the work of supplying natural gas to the two islands, which lie near the mainland, and lin

king them with bridges, said An Fengshan, spokesman of Taiwan Affairs Office of the State Council.

People on the two islands have long hoped the mainland would help solve their shortages of water and electricity, an

d have repeatedly expressed a desire to have gas and bridge connections with the mainland, An said.

“To meet their needs, the Chinese mainland is willing to make every effort to create op

portunities and provide conditions for them to have more and better development,” he said.

www.exstorm.org

Premier financial magazine bullish on Chinese stocks market

Chinese stocks market surged on Monday with benchmark indices in Shanghai and Shenzhen jumping over 5 percent, mak

ing daily turnover break through 1.04 trillion yuan ($155.5 billion), a new record since 2015. The Barron’s, a fin

ancial weekly published by Dow Jones & Company, said the performance of Chinese stocks is much better than the S&

P 500. Global investment management corporation BlackRock also suggested lasting gains of the bull market.

Barron’s said the CSI 300 index, which tracks the largest stocks traded in the Shanghai and Shenzhen

stock exchanges, rose 6 percent on Monday, with a year-to-date gain of nearly 24 percent, twice the gai

n in the S&P 500, making the CSI 300 index one of the best performing indices globally in 2019.

The ongoing finance sector reforms and further industry open-up could also help boost the Chinese economy and the stock market, the Barron’s report said.

China’s financial system has great potential in helping stabilize the economy, a previous China Daily report said, adding that the co

untry will deepen supply-side structural reform in the financial sector and strengthen the sector’s ability to serve the real economy.

stgongchen.cn

he story has caused an uproar in Sweden. Gui made it clear that

she would not keep quiet in exchange for various conditions and the Western media is backing her stand. The Swedish Mi

nistry of Foreign Affairs said it already launched an internal investigation into Lindstedt, who had been appointed for an

other position in the Swedish government in March. Lindstedt has now been recalled to her country.

Is Angela Gui telling the truth? The Chinese Embassy in Sweden has responded that China has never and will never authorize

anyone to be in contact with her. China handled Gui’s case in accordance with the law and legal p

rocedures. People need to be aware of Angela’s unique position as Gui Minhai’s daughter; and, considering her lack of ex

perience in distinguishing complex issues, it is necessary for people to be cautious about her story.

However, the role of Ambassador Lindstedt is also part of this. If she did arrange a meeting between Angela Gui a

nd the Chinese businessmen not authorized by Beijing, then we can make the following analysis.

First, there are domestic groups in Sweden that hope the relationship between Sweden and China will not be a

ffected by Gui’s incident in the long term. They are willing to facilitate public discussions between Stockholm and B

eijing on this matter. Ambassador Lindstedt herself is a representative of such groups.

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