Having watched and researched the Belt and Road

tiative for a very long time, Astle has identified many opportunities provided by the BRI and

some great projects are already successfully being implemented with Chinese partners.

The world’s only medicine treating spinal muscular atrophy (SMA) is entering the Chinese market, it was announced Sunday.

The drug is registered under the name Spinraza in the United States and European Union.

Available in more than 40 countries and regions, Spinraza is expected to bring new

hope for those who living with SMA, a genetic disorder that affects muscle control, in China.

SMA affects between one in 6,000 and one in 10,000 in China, a

nd about 95 percent of the patients die 18 months after birth, doctors said.

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The annual report estimates that total electricity cons

umption in 2019 is expected to grow 5.8 percent. Demand for coal is expected to hit 3.95 billion

tons, with the power sector still playing a significant role in the consumption of coal.

Consumption of oil is predicted to reach 620 million tons, up 1.6 percent year-on-year, while

the growth rate for natural gas consumption is expected to slow, with an annual consumption of 310 billi

on cubic meters in 2019, up 10.4 percent year-on-year, it said.The 2019 Beijing International Horticultural Ex

hibition (Expo 2019 Beijing) opens to visitors Monday, and will showcase a wide variety of flowers, fruits, vegetables and

herbs from across the world, including more than 300 rare and endangered plant species.

Nearly 20,000 volunteers across media, translation and giving directio

ns will work at the 162-day event, running April 29 – Oct 7. Click to watch their greetings in s

even languages: Chinese, English, Russian, French, German, Spanish and Japanese.

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Pledges at forum draw overseas experts’ praise

The international community has hailed President Xi Jinping’s call on Friday to ease market

access for foreign capital and increase imports so that opening-up reaches a higher level.

Xi said in his keynote speech at the opening ceremony of the S

econd Belt and Road Forum for International Cooperation in Beijing that the purpose of buil

ding the Belt and Road is to achieve win-win cooperation and common development.

China will increase its imports of goods and services and will further lower its tariff rates, Xi said.

Francis Chua, chairman emeritus of the Philippine Chamber of Commer

ce and Industry, noted Xi’s emphasis on quality imports and state-of-the-art products.

“China will keep its commitments,” said Chua, who was attending the forum as a member of the Philippine business delegation.

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Chris Rowley, a visiting professor from Oxford Unive

rsity’s Kellogg College in England, called opening to more foreign investment a very important development.

“Of course this will expose both inward investors and indigenous organiza

tions to some stark differences in management and doing business between them, which in tu

rn requires more globally effective leaders who are less ethnocentric and more culturally aware,” he said.

Sikhumbuzo Zondi, a research assistant at the Institute for Global

Dialogue associated with the University of South Africa, said another important aspect of Xi’s

opening address was the desire to invest more resources in scientific innovation and technology.

The aim is to develop technologies and business models that will foster new growth an

d development. To do this, China is committed to spearheading the Belt and Road Science, Technology and In

novation Cooperation Action Plan to advance information and communications technology infras

tructure development with the aim of improving internet connectivity and security, Zondi said.

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Oh Ei Sun, a senior fellow at the Singapore Institut

e of International Affairs, noted Xi’s emphasis on high-quality development, free t

rade and people-to-people bonds, “all of which are sorely needed around the world”.

“The shift toward high-quality development is a natural extension of what China has been doing for the past few ye

ars. Now that the BRI is five years old, it’s about time to upgrade quality joint development,” he said.

“China is trying to address the concerns that have been raised sinc

e the last Belt and Road Forum two years ago. One of these concerns is the need for infr

astructure projects to be more responsive to the local circumstances of BRI member countries.”

Duncan Freeman, a research fellow at the EU-China Research Centre at t

he College of Europe in Bruges, Belgium, said infrastructure is important for economic gro

wth, so building infrastructure and building connectivity and efficient infrastructure are important.

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Country’s 1st space station to be shared a full-size m

China’s plan to involve international communities in its space mis

sions to jointly conduct space research shows its determination to further enhance global coop

eration in space projects, according to the director of the United Nations Office for Outer Space Affairs. That incl

udes opening up its planned space station to other countries, especially developing countries.

China’s space station, which is expected to be completed and operating by 2022, will be the world’s first space station open

for cooperation with all UN member states in manned space flights and exploration. The station will be able to sup

port research on astronomy, space life sciences, biotechnology, microgravity fundamental physics and space materials science.

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Leveraging private funds prioritized in BRI projects

China’s financial minister and central bank governor vowed to strengthe

n debt management and leverage more private funds for infrastructure construction un

der the Belt and Road Initiative, suggesting a new framework to assess debt risks for partner countries on Thursday.

The Ministry of Finance published a debt-sustainability analysis framework for the BRI’s participating economies at the start of t

he Second Belt and Road Forum for International Cooperation, a three-day event in Beijing.

Financial institutions of China and other BRI economies are encouraged to use the “nonmandatory” policy t

ool for rating debt risk before making lending decisions. The analysis method is based on in

ternational standards provided by the International Monetary Fund and World Bank, according to the ministry.

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President calls on think tanks to boost teamwork, Belt, Roa

President Xi Jinping called on Wednesday for exchanges and cooperation between Chinese and foreign think

tanks for more high-quality research results to push Belt and Road construction to a higher level.

Xi made the remark in a congratulatory letter to the i

naugural meeting of the Belt and Road Studies Network held in Beijing on Wednesday.

The launch of the think tank network took place ahead of the Second Belt and Road Fo

rum for International Cooperation being held from Thursday to Saturday in the capital.

Xi said in the letter that the development of history, the prosper

ity of civilizations and the progress of mankind are closely connected with the guidance of advanced thought.

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In August 2018, the Australian government banned

Chinese telecommunications equipment manufacturers such as Huawei and ZTE from providin

g 5G technology and products, as well as the use of Chinese telecommunications equipment in dom

estic broadband networks. Behind this decision is vague “national security”. For example, the West has repeat

edly accused China of its “Intelligence Law”, especially the particular Article 7 of the law, under whic

h Chinese enterprises will cooperate with the Chinese government in carrying out acts of theft.

However, the Intelligence Law does not require organizations and citizens to uncondition

ally “support, assist and cooperate” with “national intelligence”. On the contrary, the so-called “support, ass

istance and cooperation” must be carried out “in accordance with the provisions of other laws”.

sh419jj.com


wei Technologies Co posted 179.7 billion yuan in reve

British Prime Minister Theresa May has given the green light to Chinese telecom giant H

uawei to help build the country’s 5G network, said the Daily Telegraph newspaper.

UK’s National Security Council, which is chaired by May, agree

d on Tuesday to allow Huawei limited access to help build parts

of the network such as antennas and other “noncore” infrastructure, the report said.

Huawei is already present in Britain’s existing noncore mobile network, said a Reuters report.

Previously, Huawei said it “poses no threat” and the best way to win trust is thr

ough “transparency” in response to criticism from some in the United Kingdom.

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