Minister General Wei Fenghe speaks at the Shangri-La Dialo

The People’s Liberation Army will adamantly support regional and world peace, but will not be

“bullied or preyed upon” by foreign powers into giving up national sovereignty and legitimate int

erests, State Councilor and Defense Minister General Wei Fenghe said on Sunday in Singapore.

Experts said Wei’s speech at the Shangri-La Dialogue, a key defense summ

it, marked a milestone in Chinese military diplomacy as Wei showcased the PLA’s confide

nce, positions on key issues and its sincerity and willingness to exchange and cooperate with other countries.

It is the first time in eight years that a Chinese defense minister has participated in the event.

Building a community with a shared future for mankind is the right path forward an

d the trend of the times amid growing uncertainty and instability around the world, he said.

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In its first quarter report this year, Tesla revealed that i

t it expects its second-generation Model 3 production line at its Shanghai plant to

cost 50 percent less per unit than its factory in Fremont, California.

CEO Elon Musk also said in April that the gigafactory in Shanghai expects to produce 1,000 and 2,000 vehicles a week

But China CDC says more efforts still needed to hit nation’s reduction target

Smoking has been declining on the Chinese mainland, but m

ore efforts are needed for effective tobacco control, according to a survey released on Thursday.

Last year, 26.6 percent of the population 15 years old or above across the mainland were smokers, according to the survey, which

was conducted by the Chinese Center for Disease Control and Prevention between July and December.

by the end of the year, the report said.

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Xi calls for bolstering reform and developmentforts to p

Xi Jinping, general secretary of the Communist Party of China Central Committee, called

on Wednesday for further efforts to prevent and eliminate major problems in the nation’s reform and

development against the backdrop that uncertainties and instabilities are on the rise.

Xi, also Chinese president and chairman of the Central Military Commission, made the remarks while presiding over a key meeting

of the Central Committee for Deepening Overall Reform. He is the director of the committee.

Saying China is facing profound changes in its reform and development against the backdro

p of increasing external uncertain and unstable factors, Xi said the country must maintain a strategic focus.

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n the 2014 EU Parliament election, what was then Fara

ge’s UK Independence Party won with 26.8 percent, followed by Labour on 24.7 percent and the Conse

rvatives on 23.3 percent. The Greens won 7.7 percent in 2014 and the Liberal Democrats 6.7 percent. Turnout was 35.6 percent.

Greater access to China’s financial sector will encourage global investors and dispel the gloom clouding the g

lobal economy amid Beijing’s trade tensions with Washington, according to senior officials and economists.

Chinese financial regulators are preparing a comprehensive opening-up, with more new measures in the pipeline. Foreig

n institutions with advanced performance in risk management, credit rating, consumer finance, endowments and

health insurance are especially welcome, senior officials stressed over the weekend.

The opening measures will offset part of the negative impacts of trade friction on economic re

covery, and enable China to reach its GDP growth target of above 6 percent this year, they said.

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Universities were urged to strengthen regulation of indepen

 independent enrollment of students with special talents.

Independent enrollment was added as an admission alternative a decade ago to allow some key uni

versities to enroll students they choose fit. Tests of academic competence and interviews are usually required.

However, the rise of fraud cases in independent enrollment in re

cent years has tainted the practice’s reputation and caught the authorities’ attention.

Huawei Technologies Co is securing support from some key suppliers and custome

rs amid the announced United States government restrictions on the Chinese telecom giant.

Panasonic Corp said on its China website on Thursday that it is continui

ng to supply components to Huawei despite reports that it will cut cooperation.

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China’s consumer inflation quickens tosumer price ind

China’s consumer price index (CPI), the main gauge of inflation, gr

ew 2.5 percent year-on-year in April, the National Bureau of Statistics (NBS) said Thursday.

The reading, in line with market expectations, accelerated from the 2.3 percent gain in March and 1.5 percent in Febru

ary. On a monthly basis, consumer prices edged up 0.1 percent, compared with the 0.4 percent drop seen a month earlier.

NBS official Dong Yaxiu attributed the rise to higher prices of vegetables, pork and fruit, which ros

e 17.4 percent, 14.4 percent and 11.9 percent, respectively, from the same period last year due to tighter supplies.

Food prices, which account for nearly one-third of weighting in China’s CPI, went up 6.1 percent year-on-year.

Meanwhile, China’s producer price index (PPI), which measures inflation at the factory gates, rose

0.9 percent year-on-year last month, up from the 0.4 percent gain in March that showed improving market demand.

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The overall stability of China-US relations over the pa

four decades has been a blessing to not only our two countries, but the whole world,” said Cui Ti

ankai, Chinese ambassador to the US, in his remarks during the awards presentation.

“And the essence of the 40-year story is amity between the peoples, which lays the foundation for

and shapes the future of our relations,” he said, adding that the stories shared by peoples from the two cou

ntries through the My China Album series will always “be a source of inspiration and motivation for us”.

Hundreds of US citizens participated in the series from Feb 6 to April 19, sharing their personal stories about China thro

ugh photos and captions. Ten of the participants were recognized for their genuine and touching stories.

“I was so honored to win first place in this year’s My China Album,” said

Max Horne, an incoming Harvard University freshman who visited Yunnan province years a

go and studied the Naxi culture, a local ethnic group. “There’s endless culture for us to appreciate.”

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A spokesman for Boeing Co said that the company

 was aware of the incident and was gathering information.

The charter company is contracted by the military for its twice-weekly “rotator” roundtrip

service between the US mainland and Guantanamo Bay, said Bill Dougherty, a spokesman f

China is concerned about protecting its own rapidly growing intellectual property, leading to increased reco

gnition of the issue’s importance, according to US citizens with business ties to the country.

Frank Wu, president of the Committee of 100, a nonpartisan leadership organization of prominent Chinese Ame

ricans in business, government, academia and the arts, said, “China has made great progress. China has its own inte

llectual property to protect. That includes both in the global marketplace and also internally.or the Jacksonville base.

It flies every Tuesday and Friday from the Naval Station Norfolk in Virginia to the Jacksonvil

le air station and on to Cuba. It then flies back to Virginia with a stop again at Jacksonville, Dougherty said.

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The Portuguese president is in Beijing on a state visit.

He also attended the Second Belt and Road Forum for International Cooperation, which concluded on Saturday.

Bilateral trade reached over $6 billion last year, a year-on-year increase of 7.4 percent, according to the Ministry of Commerce.

Rebelo de Sousa said the two countries should translate their long-term friends

hip into future-oriented partnership, adding that he is fully confident of the prospects of the ties between them.

He said his attendance at the forum demonstrates his country’s

resolute support for the initiative. Portugal wants to build even closer links with China in trade, i

nvestment, science and technologies and culture, and develop the third-party market cooperation, he said.

Portugal supports intensification of European Union-China partner

ship and jointly safeguarding multilateralism and promoting free trade, he added.

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Other revisions in the draft are made in light of new

progress of reforms and new developments of the capital market.

A draft amendment to the law was previously submitted to the top legislature for first reading

in April 2015, mainly to meet the legislative demand of reforming the IPO system toward a registration-based one.

The first draft also improved rules on developing a multi-layer capital market system, strengthen

ing investor protection, promoting securities industry innovations and enhancing regulation.

New revisions were submitted for a second reading in April 2017 to im

prove regulation on such areas as stock trading, acquisitions of listed firms, information disclo

sure and investor protection. The second draft also demanded the State Council to gradually advance the IPO sys

tem reform in accordance with authorization granted by the top legislature.

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