On the total length in planning, Beijing, Shanghai and

Guangzhou all w阿拉爱上海女神会所ill build subways covering more than 1,000 k

ilometers, and Shenzhen, Wuhan and Chengdu plan to reach 800 kilometers.

However, the financial situation in operating these urban rail networks was not satisfactory. While

over 600 billion yuan ($86.69 billion) invested into the sector in more than 30 cities last year, o

nly a few cities managed to break even, according to the 21st Century Business Herald.

Data from 28 cities showed that the ratio of revenue and expenditure stood at 78 percent in

2018 after increasing 8 percentage points from the previous year. Only four cities — Hangzhou, Qin

gdao, Shenzhen and Beijing — achieved balance last year, and the rest of 24 cities operated at loss.

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Wang Peng, deputy head of think tank China Center for

 Information Industry Development, said Huawei’s chip making arm HiSilicon can help Huawei ensure the s

ustainability of its business to some extent, and its chip stocks “are expected to provide a buffer of six months to a year”.

Huawei said it procured around $70 billion worth of components and services from i

ts 13,000 suppliers worldwide last year, with roughly $11 billion coming from US suppliers.

The US has been voicing the “national security threat” of using Huawei products.

French President Emmanuel Macron said on Thursday that France will allow Huawe

i to build its 5G network infrastructure while preserving national security, according to Xinhua News Agency.

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hina promises to counter US tariffsay urged tes to c

China’s Ministry of Commerce on Thursday urged the United States to correct its use of tariffs, and vo

wed to take necessary countermeasures if the US’ new tariff plan targeting $300 billion in Chinese imports takes effect.

The US government’s bullying behavior and maximum pressure regime on China violate mu

ltilateral trade rules, ministry spokesman Gao Feng said at a regular news conference.

The office of the United States Trade Representative proposed to take further action by imposing 25 percent of addition

al tariffs on Chinese imports with an annual trade value of approximately $300 billion. The USTR is seek

ing comment and will hold a public hearing regarding the proposed modification on June 17.

Gao said the impact of US tariffs imposed on Chinese products starting last year was “completely controllable.”

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China announces new tariffs on US goodsday that it wil

China said late on Monday that it will increase tariffs on the bulk of $60 billion of US imports to three categories of rates between 10% and 25%.

For the rest of the $60 billion US imports, the duty rate will remains at 5 percent.

The tariffs will hit around 5,000 products and will take effect on June 1.

It is China’s latest response to the additional US tariffs on $200 billion of Chinese goods, which were implemented on Friday morning.

The move fully demonstrates Beijing’s firm determination to defend its due interest

s and legitimate rights in international trade and economic cooperation, according to analysts.

Guanxi, compadrazgo and bapakism. Three words from China, the Philip

pines and Indonesia that encapsulate the same values of the vast continent through the a

ges-a shared belief in the importance of the family and the community over the individual.

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Govt should accelerate tax cuts to invigorate economy, pre

Premier Li Keqiang urged government departments to speed up the implement

ation of tax reductions to invigorate the country’s economy, amid rising uncertainties about growth on Friday.

Li was speaking with entrepreneurs from the manufacturing, constructio

n and service sectors at the Zhongnanhai leadership compound in Beijing.

The businesspeople said they have received benefits from the tax reduction measures in t

he past months, after the measures were introduced by Li in the Government Work Report in March. Th

ey also offered advice on how to further ease the tax burden on businesses.

After hearing their opinions, Li called tax reduction a great decision

made by the Communist Party of China Central Committee and the State Council. It has boosted

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He underlined the importance of properly mitigating

various social conflicts, and said efforts must be made to address legitimate and lawful concerns to safeguard public int

erests, and also guide the public in voicing their concerns in a law-based manner to maintain social order.

Strong pressure must be maintained to crack down on crimes such as organized gang activity, violent and terroristic cri

mes, as well as those related to fraud, robbery, food and drug safety, and environmental protection, Xi said.

Calling social fairness and justice a lifeline for judicial and law enforcement work, Xi called for improving the mec

hanism of the use of power in law enforcement as well as the supervision over such powers.

Efforts should be made to help the public feel fairness and justice in every case, Xi said.

He also urged public security staff to improve their work so that human rights can be guarant

eed while crime is fought, and fairness can be ensured while efficiency of law enforcement is pursued.

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President mourns plane tragedyafter an emerg enemetyevo

Investigation underway to find out cause of fire that claimed 41 lives at Moscow airport

President Xi Jinping extended condolences to his Russian counterpart Vladimir

Putin on Monday over the victims of a fire on a passenger plane on Sunday in Moscow.

The landing plane was engulfed in flames, leaving at least 41 dead on Sunday at Sheremetyevo Airport.

Xi said in his message that he was shocked that the plane burst into flames as it ma

de an emergency landing at She­remetyevo Airport in Moscow, which led to major casualties.

On behalf of the Chinese government, the Chinese people and himself, Xi extended deep co

ndolences to the victims and his sincere sympathy to the bereaved families and the injured.

Also on Monday, Premier Li Ke­qiang sent a condolence message to Russian Prime Minister Dmitry Medvedev over the accident.

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entenary of the May Fourth Movement at the Great Hall o

Young people shall work hard in learning the Marxist stance, viewpoints and methods,

mastering scientific and cultural knowledge and professional skills, and improving their humanistic quality.

Fine morality of young people called for

Chinese youth of the new era should be grateful to the Party, the country, the society and the people.

Young people shall nurture and practise core socialist values, and guard against wrong id

eas such as money worship, hedonism, extreme individualism and historical nihilism.

Nurturing young generation is whole Party’s political responsibility

Communist Party of China should shoulder the political responsibility of nurturing

a new generation of capable young people who have a good and all-round moral, intellectual, physical, and aesth

etical grounding in addition to a hardworking spirit, and who are well-prepared to join the socialist cause.

We should listen to young people’s views on social issues and phenome

na, as well as their opinions and advices on the work of the Party and the government.

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The meetings on Thursday and Friday are all part of

f the 8th Summit of Central and Eastern European Countries & China.

At the China-CEEC economy and trade forum before the leaders meeting, Li called for strengthening trade facilitation and exp

anding two-way opening-up of markets. China is willing to expand imports of goods from CEE nations, particu

larly agricultural products that cater to the demand of Chinese consumers, he said. Trade of farm goods, machine

ry and electric devices should be further boosted and logistics sped up between the trading partners, he said.

Li said trade between China and the 16 CEE nations rose by 21 percent to a record high, de

spite a global trade slowdown. China is willing to strengthen cooperation with CEE nations in infrast

ructure based on market rules and following European Union rules and standards, he said.

Li advocated the great potential for trade and economic cooperation between China a

nd the 16 countries. China-CEEC cooperation is a helpful addition to China-EU ties, he said.

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In Nanjing, the local railway authority has put more tra

ains into service. It said residents in the city would likely make about 340,000 trips by train on Friday.

Other branches of the railway system have also launched more runs to handle the increase of holiday passengers.

Tomb Sweeping Day, also known as Qingming Festival, fell on Friday this year. It i

s a traditional Chinese day on which people pay tribute to deceased family members,

friends and national heroes. Chinese people have used the day for spring outings since ancient times.

In recent years, the number of Chinese travelers, to both domestic and foreign destinations, d

uring the Tomb Sweeping Day holiday has increased annually, and most of them travel by rail for some or all of the j

ourney. For destinations within China, railways offer lower prices and more choices than airlines.

At present, China operates more than 131,000 kilometers of tracks. That fig

ure includes more than 29,000 km of high-speed rail, two-thirds of the global total.

Last year, China invested more than 338 billion yuan ($50 billion) in the construct

ion of 26 new railways and opened new lines totaling 4,683 km, most of them high-speed.

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