He said through the SAR government’s efforts and a ratio

onal discussion among the people of

Hong Kong, the city will eventually reach a consensus and any doubts over the issue will be dispelled.

Han, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Comm

ittee, hoped that all sectors in Hong Kong will work together to safeguard the image of the city’s rule of law.

The SAR government proposed to amend its Fugitive Offenders Ordinance and Mutual Legal Assista

nce in Criminal Matters Ordinance in March. The proposed amendments will allow Hong Kon

g to surrender fugitive offenders to jurisdictions with which it does not currently have extradition arrangements on

a case-by-case basis, with prior approval from the chief executive before an application is submitted to the courts.

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hina Eastern asks Boeing for 737 MAX compensation

hina Eastern Airlines confirmed to news outlet The Paper on Tuesday it has

officially lodged claims with Boeing for losses cause

d by the 737 MAX’s grounding and late delivery, adding the two companies will stay in communication over the issue.

The move makes China Eastern Airlines the first airline in China to ask Boeing for compensation, as the 737 M

AX suffered worldwide suspensions after two deadly crashes which took more than 300 lives in six months.

Fourteen Boeing 737 MAX jets under China Eastern Airlines have been grounded since March 11.

Boeing stressed that it refused to talk about any communications with its clients.

Bloomberg cited people with knowledge of the matter last Wednesday, saying

www.gzche.org

Through its app, customers can watch their coffee being

Luckin raised $561 million in its initial public offering Friday by selling 33 million American depositary shares at $17 apiece.

The ADS, which are trading on Nasdaq under the symbol “LK,” closed at $20.38 after rising as high as

$25.96 earlier in the day.Museums are not only there for enjoyment; they are education, and as such should be free.

While I can appreciate the enormous costs involved in maintai

ning and obtaining collections, let the wealthiest 1 percent of the country pay for it.

The Met in NYC is technically free; they ask you to give what you can afford. But the idea

of a person or child interested in art not being able to view it because of cost is morally wrong.

Free entrance does not attract people, nor does it encourage them to appreciate it

www.cn-yongan.com

Meditation is the easiest way for people to reduce pr

essure, and psychological experts say that thinking of nothing is a mental

adjustment for people, which is

good for health as it can reduce the risk

of anxiety and depression by 25 percent, according to Workers’ Daily.

If people can’t manage their emotions effectively under high pressure, it will

harm their family life, work and social life, experts say.

The suggestion sparked reaction from netizens, with Sina Weibo user

Happy little witch123 asking, “Is it ok if I

accumulate the daily five minutes and me

ditate a hour on one day?” A WeChat user named yuenyuen said, “I’m not

bragging but I can meditate for a whole day.”

Just 20 days after the opening of a

museum of broken relationships in Taiyuan, capit

al of North China’s Shanxi province, its owner joked that it was turning into a blind date site, thecover.cn reported.

Since it opened to the public on April 25, the museum has received 500 visitors every day, aged between 16 and 25.

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The operation of the infant ward was suspended, and the hosp

ospital was ordered to solve management problems relating to the case, check on the condition of the surviving babies and console the parents.

A deputy director of the health bureau of the Shunde district of Fo

shan, Guangdong, was also fired, and others deemed responsible were punished.

No new case has been reported in the hospitals that have treated the affected babies.

The provincial health commission has ordered all the medical institutions in the province to check their infection-control procedures.

The viral strain that affected the infants was identified by the commission as Echo 11. It is an intestinal virus to which chi

ldren, especially infants, are susceptible. It is closely related to a respiratory infection.

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gdong province, his administration has established a resea

arch institute to accelerate the development of new apparatuses for underground detection that could reduce interference from human activity.

“We will also explore carrying out observational experiments

in wells from hundred of meters to 1,000 meters deep, and through scientific drilling that will p

enetrate active earthquake faults to gain more information about underground structures,” he said.

Currently, 13 countries have been involved in the project, includ

ing Russia, Egypt and Algeria, and 17 domestic research teams, including one from U

niversity of Science and Technology of China, have started research on the site, Zheng noted.

The site will “offer research teams with observa

tion equipment, support for outdoor observation and data sharing services”, he said.

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He underscored the importance of information technol

ogy to the country and people, and called for propelling the development of cloud computing, big data, artificial intell

igence and the industrial internet in a bid to advance the building of a digital China and a smart society.

He also said more work is needed to promote the integration and sharing of infor

mation resources between urban and rural areas to narrow digital gaps and unleash the vitality of digital sectors.

Zhuang Rongwen, head of the Cyberspace Administration of China, said enterprises are being encouraged to ramp up inve

stments and make breakthroughs in core technologies, and to make full use of international innovative resources.

Zhuang also called for speeding up the commercialization of 5G a

nd the deployment of the Internet Protocol version 6 network, as well as pushing forw

ard the digital economy so as to cultivate new driving forces and promote high-quality development.

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This issue is similar to the environment. External critics

ent. External critics of China don’t appreciate that Chinese themselves realize there

are issues to be addressed. They are doing so. These developments should be encouraged.”

President Xi Jinping, who spoke at the Second Belt and Road Foru

m for International Cooperation in Beijing recen

tly, listed areas in which China will improve the environment for foreign investment.

The president said the nation will work hard to create a business environ

ment that respects the value of intellectual prop

erty, will improve the legal system for IPR protection at all levels, will strengthen law enforcement and pr

otection for the legitimate rights and interests of foreign IP owners and will bar the

forced transfer of technology, improve protection of trade secrets and crack down on infringement.

www.euitdm.cn

Walmart banks on tech innovationn escalator in a Walmart

US retail giant Walmart Inc will continue to grow its hypermarkets, Sam’s Club stores, and community-ba

sed smaller-sized supermarkets businesses in China with more advanced technologies, according to a top official.

Doug McMillon, president and CEO of Walmart, told China Daily during his visit to Shanghai on Thursday that China is still one of

the most important markets for the US retailer. Technology will be another major focus area for the com

pany in China as Walmart has always been a “people-led company that relies heavily on technology,” he said.

McMillon said Walmart has developed digital solutions to better u

nderstand customer behavior and spending patterns, which in turn has helped the ret

ailer to create new products and to solve old retail problems with modern technology.

Wern-Yuen Tan, president and CEO of Walmart China, said digital technology has hel

ped Walmart to reach out to more customers and improved the overall decisionmaking process.

www.njLongrun.cn

“Essentially, it depends on the growth of money sup

pply (M2),” said Sheng Songcheng, a central bank adviser and a former director of the central bank’s statistics department.

The central bank released M2 data on Friday, which recorded a 13-month high of 8.6 percent by the end of March, accelerating from 8 percent by February.

Aggregate social financing, a gauge to measure broader financial activities including trust funds and local govern

ment bonds, also grew faster than market expectations. That total financing amount grew to 2.86 trillion yuan in Mar

ch, or a 11.1 percent growth from a year earlier, compared with 10.6 percent in February, said the central bank.

“According to the latest economic data, there is less necessity for RR

R cuts, but it requires further observation on future changes,” said Sheng.

If the central bank further cuts the RRR, when economic growth is already stabilized, inflation wi

ll surge, and possibly lead to funds flowing into the property sector instead of supporting the real economy, he added.

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