Trade talks resum 上海419论坛 wellNew York Stoc

US markets rallied and closed in positive territory Monday on news that Chinese President Xi Ji

 上海419论坛nping and his US counterpart Donald Trump will resume negotiations to resolve the ongoing trade dispute.

Trump said talks are “back on track” and held off on his threat to impose tariffs on an additional $300 billion of Chinese goods. Trump 上海419论坛

said China will buy “a tremendous amount” of US food and agriculture exports while bilateral negotiations are ongoing.

The S&P 500 reached 2,977.86 in midday trading, all all-time high, bef

ore closing at 2964.33, up 22.57 points. Nevertheless, the long-term outlook for the market rema 上海419论坛

ins unclear as US manufacturing dipped close to a three-year low in June amid a worldwide economic slowdown.

“The devil is always in the details,” Usha Haley, professor of manageme

nt at Wichita State University, told China Daily. “I don’t know if Trump is the great m

 上海419论坛品茶微信ediator. But everyone gave a huge sigh of relief that talks have resumed between the US and China.”

Trump eased export sanctions on Huawei Technologies Co Ltd, boosting semiconductor stocks, including Micron Tech

nology, Skyworks Solutions, Qualcomm and Broadcom — and sparking the possibility of a revolt among some Republicans.

South Carolina Senator Lindsey Graham, a strong Trump supporter, told NBC’s Face the Nation on Sund 上海419论坛品茶微信

ay that he’s reviewing Trump’s action and noted, “It’s clearly a concession. There’ll be a lot of pu

shback if this is a major concession. If it’s a minor concession, I think it’s part of the overall deal.”

Neither side sai 上海419论坛品茶微信d when negotiations would resume or established a schedule for completing a deal.

Goldman Sachs called Trump’s decision to ease export sanctions on Huawei a “potential unexpected market friendly outcome”。

Asked at the G20 meeting in Japan if he had removed Huawei from the Entity List that controls the export of technology th

at could compromise US national security, Trump said, “No, not at all” and “We are talking about that” before telling re

porters, “I don’t want to talk about it now, we are looking at it very carefully. Huawei is very much in play.”

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Pacts set to be signed during Xi’s state visitbal strateg

Pragmatic cooperation, global strategic stability high on Sino-Russian agenda

Beijing and Moscow will sign around 30 cooperation documents d

uring President Xi Jinping’s state visit to Russia next week, including two joint statements on bilateral t

ies as well as on global strategic stability, Vice-Foreign Minister Zhang Hanhui said on Thursday.

Xi will kick off a three-day state visit to Russia on Wednesday at the invitation of Russian President

Vladimir Putin, and attend the 23rd St. Petersburg International Economic Forum to be held between June 6 and June 8.

The two presidents will witness the signing of an array of agreements on business d

eals in areas such as trade, investment and energy, Zhang said at a media briefing in Beijing.

This year marks the 70th anniversary of diplomatic ties between

China and Russia, and Xi’s visit will mark a milestone for both countries, Zhang said.

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Before his retirement, Wang irrigated farmland for de

nd for decades and witnessed local farmers’ continuous battles against sandstorms.

“It didn’t just feel like a black storm, it was as if the whole desert was approachi

ng,” recalls Liu Conghui, a writer who was born, and still lives, near the farm Wang once worked.

As the menacing sandstorms made the area increasingly inhospitable, Liu’s whole community planned to up sticks.

To restore the local ecosystem, the Chinese government launched

a 10.7 billion yuan ($1.6 billion) project in 2001. A set of measures were adopted such as sav

ing water, converting farmland into grassland, providing treatment for dry riverways and building dams. In addition to t

hose measures, industrial and agricultural use of water in cities and counties along the river was limited.

Over the past two decades, Xinjiang has infused 7.7 billion cubic meters of water into

the dry trunk stream of the lower reaches of the Tarim River in 19 rounds of water diversion.

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The glazed tiles on the top of the China Pavilion ar

 in fact a type of aluminum alloy that can be used to imitate the shape

of traditional Chinese architecture at a low cost. It is an example of how modern technology is app

lied at the exhibition,” Li Liang, a designer of the pavilion, was quoted by Beijing Daily as saying.

By installing rainwater collection devices on the roofs and tanks beneath the pavilio

n, a mini ecological circulation has been created by gathering rainwater to irrigate the terraced fields.

Shen Yanyan, who came with her family from Jiangxi province for a visit, said that

although she didn’t know much about design, she felt the building was “very cool”.

“We saw its shiny roof upon entry to the park and we were immediately attracted,” said the 33-year-old. “The Ch

ina Pavilion is not only beautiful outside, but also inside. My mother is very happy to see flowers from so many pro

vinces and regions of the country, and all are well-trimmed and placed in the pavilion’s exhibition halls.”

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to ease permanent residency requirements in large cities

China said Monday it will ease the requirements for permanent residency in many large cities as part of its new urbanization push.

Restrictions on permanent residence permits should be scrapped in cities with populations betw

een 1 million and 3 million, according to a document outlining key urbanization tasks this year release

d by the National Development and Reform Commission, the country’s top economic planner.

For cities with populations of 3 million to 5 million, the qualifications for such permits should be “fully relaxed,” and the restrict

ions for certain key groups of people to get such permits should be removed, the document said.

Previously, the country has already gradually abolished permanent residency r

estrictions in small and medium-sized cities and towns with populations below 1 million.

The NDRC document also demanded cities with populations abo

ve 5 million to improve their policies and drastically expand the scale of permanent residency.

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Besides, most of the steel firms in the region still

use blast furnaces that are more polluting than electric furnaces, which res

ults in huge energy consumption and pollution discharge burdens, according to Lyu.

To better protect the environment, it is not enough to relocate the production capacity f

rom one place to another within a province as some local governments have done, he added.

Lyu made the remarks at the 2019 China Iron and Steel Develo

pment Forum, which was jointly held by the China Metallurgical Industry Planning & Res

earch Institute and the Chinese Academy of Engineering in Beijing over the weekend.

Since 2016, China has made remarkable progress in reducing overcapacity in the sector, fulfilling th

e upper overcapacity reduction goals for the 13th Five-Year Plan (2016-20) two years in advance. The util

ization rate of crude steel capacity has risen from 70 percent in 2015 to more than 80 percent now, according to Lyu.

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The second squad brought 60 liters of drinking water and

 foodstuffs to more than 1,000 people in the shelter, and also provided medical services to more than 800 people, the ministry said.

The Chinese aid team arrived in Mozambique on Monday as the first foreign

aid team sent abroad by the country’s recently established top emergency management authority.

The UN said Tuesday that Cyclone Idai has affected almos

t 3 million people in southern Africa, with almost 500,000 driven from their homes.

The cyclone hit Mozambique early March 15 and unleashed hurricane-force winds and rain th

at flooded much of the center of the country and then hit eastern Zimbabwe and Malawi.

According to an Agence France-Presse toll, compiled from government and UN figu

res, more than 700 people have been killed in Mozambique and Zimbabwe and hundreds are missing.

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Mattarella said that Italy supports the Belt and Road Initiati

 that was put forward by Xi, and the initiative is expected to promote the interconnectivity of the Eurasian continent.

The BRI is also a road of cultural exchanges, he said, adding that Italy would like to enhance cooperation with China in tourism and culture. Italy ad

mires China’s achievements in economic development, and it appreciates China’s opening-up policies, he said.

Both Italy and China are ancient civilizations, and the people of the two countries have sufficient wisdom to deal with

challenges nowadays, he said, adding that China’s rejuvenation will bring new contributions to peace and prosperity.

China will take a solid step toward becoming a high-income country this year,

reating more space to deepen reform and expand opening-up, economists said on Friday.

A more balanced growth pattern will help the world’s second-largest ec

onomy pass the “middle-income trap”, with consumption and high-tech man

ufacturing leading growth, they said at a Beijing seminar leading up to the 2019 China Development Forum, which starts on Saturday.

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Vice-Premier Liu to hold trade talks with US officials in Beijing

  Chinese Vice-Premier Liu He will hold a new round of high-level China-US economic and trade consultation with US Trade Representative Robert Lighthizer a

nd Treasury Secretary Steven Mnuchin in Beijing from March 28 to 29, the Ministry of Commerce said on Thursday.

  Liu will visit Washington in early April for further cons

ultation, the ministry said.The Government Work Report released on March 5 has charted a co

urse for China’s economic development for this year. By setting fairly robust growth targets, the country is s

et to be the locomotive pulling the world economy amid global economic headwinds. A number of pro-growth eff

orts have been unveiled to spur innovation and continue opening-up. The country has also released the Foreign Inv

estment Law to better protect the rights of foreign businesses in China. China Daily polled senior executives from mul

tinational corporations to understand their positioning, perception and predictions of the Chinese market.

  Q1: The year 2019 marks the 70th anniversary of the founding of the People’s Republic of China. What in your opini

on are China’s biggest achievements to date? What are the biggest achievements made by your company so far?

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said, it is a brand new airplane with no technica flown by

GebreMariam also confirmed the company owns 6 other 737 Max 8 aircraft which are in service. Asked about whether

the company would be grounding them he explained they wouldn’t as “we don’t know the cause of the accident.”

The Boeing 737 Max 8 airplane had flown into Addis Ababa Sunday morning from Johannesburg on Flight ET858.

The CEO has visited the crash site today. He said the plane “is now right inside the ground” and it was not possible to identify w

hether it was an emergency landing or a crash. He said there was still smoke at the site when he visited.For the seco

nd time in less than six months, a brand-new Boeing aircraft crashed minutes into a flight.

The Ethiopian Airlines tragedy on Sunday comes months after a Lion Air flight went down over the Java Sea in late October, killing all 189 people on board.

There is no suggestion yet as to what caused the latest disaster, and no evidence that th

e two incidents are linked. All that is known, however, is that both flights took place on the Boeing 737 MA

X 8 — a new model recently unveiled to great fanfare by the US aviation giant, that saw its first flight less than two years ag

o.The plane that crashed on Sunday morning was delivered to Ethiopian Airlines in November.

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