The country will further open up its financial sector and

accelerate the process to fully lower the market access threshold for foreign investments in banking, securities and insurance, the premier said. Service sectors, including medical care and educ ation, will be opened up along with transportation, infrastructure and energy, he said. Li said China will further make it easier for foreign companies to set up … Read moreThe country will further open up its financial sector and

Elwell defended the agency’s reliance on experts from ma

anufacturers and said the current system had produced an unprecedented safety record i n the US. He said the FAA was “fully involved” in the certification of the Boeing 737 Max 8, including “133 of the 297 flight tests”. Senator Richard Blumenthal questioned the FAA’s oversight of the Boeing 737 Max jet, argu ing that … Read moreElwell defended the agency’s reliance on experts from ma

According to the Ministry of Finance, local government

nts in Sichuan, Shaanxi and Shandong provinces as well as Beijing will eventually be able to sell bonds at count ers in commercial banks directly to retail investors, and the practice will be expanded nationwide after an additional period of time. The ministry said individuals do not need to pay taxes on the bonds’ interest … Read moreAccording to the Ministry of Finance, local government

The government gave itself the option of bringing May’s dea

back to parliament on Friday, although speaker John Bercow repeated his warning that he would not allow a third vote unless the motion had changed substantially since its last defeat. May, who voted to remain in the EU in the 2016 referendum, had already promised to step down before the next election, due in 2022. … Read moreThe government gave itself the option of bringing May’s dea

Li, who inspired the boom after winning Asia’s first major

 title at the 2011 French Open, warned that increased funding and exposure for the sport does not guarantee Grand Slam champions will follow. “After the US Open (in August), players don’t need to travel overseas with tournam ents held at home one after another,” said Li, who is an ambassador for her hometown Wuhan Open … Read moreLi, who inspired the boom after winning Asia’s first major

Chinese President Xi Jinping’s first overseas visit in 2019

  levated China’s ties with Italy, Monaco and France to a new level, and injected new impetus into China-Europe compreh ensive strategic partnership, Chinese State Councilor and Foreign Minister Wang Yi has said.   When the world is undergoing profound changes unseen in a century, Xi’s Europe tour, hailed b y the international community, is dedicated to … Read moreChinese President Xi Jinping’s first overseas visit in 2019

Wang hailed Italian government’s forethought and pragmatis

gmatism over its decision of endorsing the Belt and Road Initiative (BRI), saying Xi and Mattarella agreed that China and Italy, which are at the two ends of the ancient Silk Road, are natural partners in constructing the Belt and Road. Conte, according to Wang, said the BRI will bring great opportunities to Italy. He … Read moreWang hailed Italian government’s forethought and pragmatis

The European leaders said they are glad to see a greater

 development in China, and the EU welcomes China’s willingness to share its development opportunities. Chinese enterprises are welcome to invest in European countries, said the European leaders, adding that they will not adopt restrictive measures against specific com panies, and are willing to provide a fair, open and transparent business environment for all foreign enterprises. … Read moreThe European leaders said they are glad to see a greater

The Belt and Road Initiative is set to promote cooper

globally — not for China only, Asian Infrastructure Investment Bank President Jin Liqun said on Wednesday. Jin made the remarks in response to questions over whether the BRI only involves C hinese projects prior to the Boao Forum for Asia, which will officially begin on Thursday. “It was a misunderstanding,” Jin said, adding any country … Read moreThe Belt and Road Initiative is set to promote cooper

After 10 years of development, China’s new energy veh

cles are starting to gain momentum in the private market. With the overall vehicle market remaini ng flat, sales of new energy vehicles last year reached 1.25 million, up 61.7 percent year-on-year, and the figure is expected to reach 1.6 million this year according to the China Association of Automobile Manufacturers. China plans to stop … Read moreAfter 10 years of development, China’s new energy veh