sees big growth in Marcha supermarket in Lianyungang

China’s consumer price index (CPI), a main gauge of inflation, rose 2.3 p

ercent year-on-year in March, the National Bureau of Statistics (NBS) said Thursday.

The increase was up from 1.5 percent in February.

Food prices climbed 4.1 percent year-on-year in March, up from 0.7 perc

ent in February, yet on a month-on-month basis food prices went down 0.9 percent, the NBS said.

Due to low vegetable yields in spring and cold rainy weather, prices of fresh vegetables posted a fast growth of 16.2 perce

nt year-on year in March, contributing 0.42 percentage points to the year-on-year CPI growth.

The growth of the pork price rebounded after declining for 25 consecutive months, rising 5.1 percent year-on-year in March.

On a month-on-month basis, the pork price moderately went up 1.2 percent on average nati

onwide as outbreaks of African swine fever were gradually contained, according to the NBS.

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Thanks to the extension of the subsidiary policy of new e

energy vehicles (NEV), sales of NEVs reached 111,000 in March, up 100.9 percent year-o

n-year, with NEV wholesales accounting for 254,000 units in the first quarter.

CPCA predicts a 40 percent increase in NEV sales to 1.7 million

units in 2019, based on these first quarter figures.

As China began to cut manufacturing sector VAT from 16 to 13 percent on April 1, som

e imported and high-end vehicle brands lowered prices to boost sales nationwide.

As the industrial chain of domestic-made goods are comparatively longer than that of imports howe

ver, most domestic manufacturers have not lowered prices for goods, including automobiles.

“Consumers should not expect too much on price cuts of automo

biles, but choose vehicles based on demand and affordability,” CPCA said.

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In Yangcao Village, Ma pushed for the establishment of a

 poverty-reduction workshop, where over 40 women from poor families found jobs. They draw on their fine craftsmanship and hand

made items such as wallets, insoles and pillowcases, which sell at places as far away as Beijing and Shanghai.

In December 2018, Shangyan and Yangcao were removed from the list of poverty-strike

n villages with eight other villages of Huanghua Township, which means poverty had dropped to 3 percent and

below, with all impoverished population included in the national basic medical insurance scheme.

Ma died about a year after she was diagnosed with lymph cancer by a Beijing-based hospital in May 2017.

Even during chemotherapy, she often thought about poverty relief work, and after five months treatment, she returned to her office.

The mountainous Guyuan City, where Huanghua Township is located, is one of the sites whe

re the Workers’ and Peasants’ Red Army of the Communist Party of China arrived during the epic Long

March from 1934 to 1936, which had seen a large number of officers and soldiers killed or injured.

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With 32 turbines by the blue sea, the Punta Sierra wind far

rm has been in operation since Feb 4, 2018.

It is the first Pacific Hydro wind farm in Chile and the first wind farm invested in by China in the South American country.

The $150 million project, financed and constructed by China State Power Investment Corpo

ration, has an installed capacity of 82 MW and will generate about 282 GWh/year, which can meet electri

city demands for 130,000 households and reduce carbon emissions by 157,000 tons per year.

Located in Russia’s Yamal Peninsula in the Arctic, the Yamal liquefied natural gas project reached f

ull production capacity with its three production lines, each of which has a capacity of 5.5 milli

on tons per year, with operations starting in December 2017, August 2018 and December 2018, successively.

The project is the world’s largest of its kind within the Arctic Circle and is also the first m

ega- energy cooperation project implemented in Russia after the Belt and Road Initiative was proposed.

It is owned by Russia’s Novatek (50.1 percent), France’s Total (20 percent), China N

ational Petroleum Corporation (20 percent) and China’s Silk Road Fund (9.9 percent).

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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 or investor can do a BRI project

anywhere, so long as it promotes global and regional economic cooperation, peace and development.

“The so called ‘China strategy’ is simply to promote global cooperation,” he added.

Joint efforts essential to fight global warming: China Daily editorial

Record low temperatures in winter and record high temperatures in summer in many parts of the

world year after year and more frequent natural disasters caused by extreme weather events prov

ide strong evidence that global warming is not just an alarmist theory as some claim.

Yet striking a balance between the effective control of human activities that are contr

ibuting to climate change and economic growth is proving a hard nut for countries to crack.

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The 10 percent deduction rate, which applies to buyers of ag

ricultural goods, will be cut to 9 percent, said the statement.

“The VAT reform is not simply lowering the tax rate, but focusing on the integration with the overall tax reform. It has continued to ma

ke progress toward the long-term goal of establishing a modern VAT system, and it also leaves room for cutting the number of VAT brac

kets from three to two in the future,” said Wang Jianfan, director of the department of taxation under the Ministry of Finance.

To implement the statutory taxation principle, China will also accelerate legislation to deepen VAT reform, Wang said.

The joint statement came after Premier Li Keqiang said on Wednesday that China will imp

lement a series of measures to cut VAT rates and ease the tax burden in almost all industries.

Earlier this month, Li said in his 2019 Government Work Repo

rt that VAT reform was key to improving the tax system and achieving better income distribution.

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My sincere and heartfelt thanks to my respected elde

  brother, Mukesh, and Nita, for standing by me during these trying times, and de

monstrating the importance of staying true to our strong family values by extending this timely support,” he said.

  Shares in Reliance Communications spiked 10% in Mumbai on Tuesday.

  A spokesperson for Mukesh Ambani’s company declined to comment on how much of

the 5.5 billion rupees he provided, but local media reported it was around 4.8 billion ($70 million).

  A spokesperson for Reliance Communications didn’t immediately respond to a request for comment.

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Premji accounted for 80% of “large donations” defined as m

  100 million rupees ($1.4 million) — from India’s richest individuals in the 2018 financial year, according to this year’s India P

hilanthropy Report by consulting firm Bain & Company and philanthropy fund Dasra. Private indi

viduals in India donate about 430 billion rupees ($6.2 billion) each year, the report said.

  Wipro was founded by Premji’s father in 1945 as a vegetab

le oil manufacturer, and transitioned to the technology industry in the 1980s under Premji

‘s leadership. It has since grown into one of India’s biggest IT services companies, with more than 160,000 em

ployees worldwide and over 1,200 clients in industries ranging from aerospace to retail.

  Premji’s foundation focuses on supporting education, and ru

ns the Azim Premji University in Bangalore. Its billionaire benefactor’s latest donation coul

d help it open a second university and “scale up significantly,” the organization said.

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The collision broke the ship’s mast and left about 250 metr

  tons of snow and ice on its front deck. The rest of the ship was undamaged.

  The difficult ice conditions and active cyclones in the Amundsen Sea have

vexed Chinese explorers for decades. It was not until March that China’s 34th expedition succes

sfully completed the first marine survey of the sea.China has witnessed remarkable growth of tree coverage with th

e implementation of afforestation projects, a senior forestry official said on Tuesday, National Tree Planting Day.

  The forest coverage rate in China has increased by nearly 10 percentage p

oints in the past four decades, with the world’s largest planted forests and an 80 percent ex

pansion of forest areas, said Zhang Jianlong, head of the National Forestry and Grassland Administration.

  The green coverage rate in rural areas has reached 20 percent, while in urban areas it has hit 37.9 percent.

  According to a report released by the National Afforestation Committee on Tuesday, 7.1 milli

on hectares of trees were planted and 6.7 million hectares of degraded grassland were treated last ye

ar. Per capita greenery coverage in urban areas was 14.1 square meters in 2018, up by 0.6 square meters year-on-year.

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Wang Jianru, the new engine’s chief designer, said it is bas

d on its predecessor, which is used with China’s Long March 11 carrier rocket and

features advanced composite materials built into its casing.

He said the new engine will be used on the upgraded variant of Long March 11, enabling the new model to transport a 1.5-ton

satellite or multiple satellites with a combined weight of 1.5 tons, to a sun-synchronous orbit 700 kilometers high. The

carrying capacity of the original Long March 11 for such orbits is 400 kilograms.

Development of the new engine shows there are plans to diversify the launch portfolio of Long March 11 to turn it from a si

ngle model into a family of models to enable it to meet different demands in the launch market.

The Long March 11, developed by the China Academy of Launch Vehicle Technology in Be

ijing, is a major solid-fueled carrier rocket and has been used for six flights from the Jiuquan Satellite Lau

nch Center in northwestern China. The rocket is mainly used for lifting small satellites to sun-synchronous orbit

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