Under a pilot scheme, the first group of six provinces and cities sold 6.8 billion yuan in bonds
at commercial bank counters to individual buyers between March 22 and early April.
The coupon rates are between 3.01 percent and 3.33 percent, higher than treasury b
onds issued by the central government as well as bank deposits with the same maturity.
Gross local bond issuances hit 1.18 trillion yuan in the first qua
rter, compared with only 219.5 billion yuan in the same period last year.
The total quota for 2019 local government bond issuances is 3.08 trillion yuan, according to the Ministry of Finance.
“About 60 percent of the bonds were issued for ongoing construction, especially
for shantytown renovation projects, railways and roads,” said Hao Lei, head of the ministry’s Budget Department.
While debt financing continues to grow, the government is experiencing sharp declin
es in fiscal revenue growth, especially from tax and land sales, official data showed.
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Japanese Prime Minister Shinzo Abe will send his special envoy Toshihiro Nikai, secretary-general of the rulin
g Liberal Democratic Party, to attend the second Belt and Road Forum for International Cooperation in Beijing.
In a news conference held by the Japanese embassy in China on Monday, Takeshi Osuga, J
apanese Foreign Ministry spokesman, said Nikai will visit China from April 24 to 29 to attend the forum and give a speech.
In a previous conference at LDP’s headquarters in Tokyo, N
ikai said his party called for increased exchange between Japan and China.
As the Japanese foreign minister Taro Kono just ended a three-day visit to China, Osuga
said the visit was “very positive” and further strengthened bilateral ties between Beijing and Tokyo.
“In the fifth China-Japan High-level Economic Dialogue, China and J
apan achieved agreement to cooperate in such areas as energy conservation and environ
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Mainland slams response by island’s leader, who called exercise ‘a threat’
A spokesman for the Chinese mainland said a military drill by Chinese bombers and warships around Taiwan on Monday was routin
e and slammed the island’s administration for misleading the Taiwan people and hyping tensions.
On Monday, various warships, bombers and reconnaissance aircr
aft of the People’s Liberation Army Eastern Theater Command conducted “necessary train
ing” around Taiwan as a means to test the joint assault capability between different branches of the military, Senior Colone
l Zhang Chunhui, the theater command’s spokesman, said in a statement on Monday.
The exercise took place in waters east of Taiwan and was part of a scheduled PLA exercise, he said.
“It is completely within the normal legal rights of a sovereign cou
ntry, and it’s beneficial for maintaining peace and security in the Taiwan Straits,” Zhang said.
www.21nh.cn
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He said he believes that with the efforts of the French people and supp
ort from the international community, Notre Dame will be repaired and regain its glory.
The fire broke out around 6:30 pm on the roof of the cathedral, which was covered in scaffoldi
ng. The blaze spread quickly and destroyed the wooden interior before causing the spire to collapse.
It took more than 400 firefighters over 12 ho
urs to put out the fire, and the main structure and two bell towers remained standing.
The cause of the fire is still unknown, though officials said it could be linked to renovation work. Investigators were eag
er to question the workmen in an effort to determine the cause of the fire, according to media reports.
Visiting the scene of the fire in Paris, Macron vowed an immediat
e fundraising effort to rebuild the landmark, calling for international contributions.
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Universities in China will welcome the first group o
f undergraduate students majoring in artificial intelligence in September.
According to a list issued by the Ministry of Education, 35 universities received approval to establish th
e four-year undergraduate AI-related majors amid the country’s drive to build a strong AI talent pool.
They include many prestigious universities such as Beijing Jiao
tong University, Beihang University, Nanjing University and Xi’an Jiaotong University.
Lin Youfang, vice-dean of the School of Computer and Information Technology at Beijing Jiaotong University, said the scho
ol plans to enroll about 30 undergraduate students majoring in AI in September.
There might be more students majoring in AI who transfer from other m
ajors through a selection process if the new major proves to be successful, he said.
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, statistics, physics, biology, psychology and sociology, among other disci
plines. It promotes the “AI + X” interdisciplinary approa
ch in universities and aims to set up 100 majors that combine AI and other subjects by 2020.
Many Chinese universities have set their sights on improving AI education and nurturin
g more AI talent and have established new AI departments and research institutes.
Tsinghua University established an AI institute in 2018 as p
art of its efforts to advance AI research and education.
Aiming to become a globally influential AI research institution, the institute focuses on the basic theory of AI and activ
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At least two people were killed after an aircraft of Summit Air collided with a helico
pter at Lukla Airport in Nepal on Sunday morning, according to local authorities.
Locals said a Summit Air plane with call sign 9N-AMH collided with a helicopter of Manang Air, which was parked within the airport premise.
“At least two persons have been dead, while few others are injured,” local media rep
orted. It has been reported that the Summir Air plane was en route to Kathmandu from Lukla.
The detail of casualties has yet to be ascertained.
Lukla airport is the nearest airport to the world’s highest peak Mou
nt Qomolangma, while April-May is the peak climbing season in the Himalayan country.
In the springtime, domestic airline companies conduct over 50 flights everyday to Lu
kla, known as Tenzing Hillary airport, featuring vibrant terrains and harsh weather patterns.
Due to the extreme wind pressure, all round-trip flights are usually operated in the morning
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Some of the winners will represent Latvia in the 2019 Chinese Bridge competition for universities
and middle school students in China where they will compete with Chinese language learners from all over the world.
Latvia has made remarkable progress in teaching and learning Chinese in recent years, with the succes
sful 16th Chinese Bridge competition taking the promotion of the Chinese language and culture to an even highe
r level in Latvia and strengthening cultural ties between the two countries even more.
The 16th “Chinese Bridge”, was organized by Confucius Institute at the
University of Latvia in cooperation with various education institutions in Latvia.
China’s last female Yangtze giant softshell turtle (Rafetus swinhoei) died on Saturday after an a
rtificial insemination at the Suzhou Zoo in East China’s Jiangsu province. Now, only three remain in the world.
An international research team carried out the fifth artificial insemination for the female turtle on Fri
day, but the animal did not recover from the procedure, even though researchers spent hours trying to save its life.
The dead female turtle is believed to be over 90 years old; Suzhou Zoo’s male turtle is over 100 years old.
lunran.cn
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Aviation Industry Corp of China, the country’s leading aircraft manufacturer, on Sunday launched an ex
hibition park in Xi’an, Shaanxi province.The park is located in an aviation industry compound in Xi’a
n’s northeastern suburb and showcases 16 aircraft used in flight testing.The exhibits represent prototypes of the Chinese military’s major aircraft down
through the years, including the CJ-6 basic trainer, J-7 fighter jet, KJ-2000 early-warning and control plane, as well
as the Z-10 attack helicopter.A J-8II fighter jet is on display at the exhibition park that opened to the public on Sunday in X
i’an, Northwest China’s Shaanxi province. Photo by Zhao Lei/chinadaily.com.cnThese aircraft contri
buted significantly to China’s aviation industry and flight test endeavors, and highlight the growth of the co
untry’s aviation sector, according to an Aviation Industry Corp of China statement.In addition to the aircraft, the par
k also features relief sculptures depicting the histories of Chinese planes’test flights.
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nt the album to the public,” Yang says.Yang was talking a couple of weeks before Record Store Day, an eve
nt that a group of record store owners and employees in the United States establishe
d in 2007 aimed at highlighting the importance of record shops to the music industry.
The first Record Store Day took place on April 19, 2008 and is celebrated
by record stores around the globe. This year’s event takes place on Saturday.
Yang, also a producer and chief executive of Maybe Mars, one of the larg
est independent record labels in China – and whose founding in Beijing coincided with that of Reco
rd Store Day – announced that to mark the day this year the company would hold a live show in the capital on Apr
il 21 featuring three indie rock bands: Lonely Leary, Muzzy Mum and Streets Kill Strange Animals.
Three days before the show the record label will release a compilation of vinyls featuring the three
bands’ latest singles, and P.K 14 will contribute two singles to the compilation.When Yang gets to Free
Sound his fans are waiting in a basement room whose walls are adorne
d with concert postures featuring well-known Chinese rockers such as Dou Wei and Ma Tiao.
boervon.cn
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