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French soprano Julie Cherrier rehearses at the National Center for the Performing Arts in Beijing on April 28 before a concert celebrating the 50th anniversary of diplomatic relations between China and France.
The concert was also the opening performance of the 14th Meet in Beijing Arts Festival. A total of 280 shows will be performed by 212 art groups from 33 countries and regions during the art festival that will last until May 25.
Navigation System
A domestically developed, highprecision global positioning system went into operation in China on April 25, further improving the capability of the country’s satellite navigation system.
Xihe, named after an ancient Chinese god, was developed by the National Remote Sensing Center of China (NRSCC) under the Ministry of Science and Technology (MOST). It has an outdoor accuracy of 1 meter and an indoor accuracy of 3 meters, the NRSCC said.
Xihe can identify and connect with various satellite navigation systems, including China’s homegrown Beidou, which many other positioning systems cannot identify.
The system has undergone trials in Beijing, Shanghai and Tianjin, according to the NRSCC.
Jing Guife, NRSCC Deputy Director, said that the system will play an important role in many areas, including positioning, transportation and the Internet of Things.
“It will also help extend the application of the Beidou system, which enjoys a smaller market compared with other international competitors,” Jing said.
According to a white paper issued by the MOST in 2013, the Xihe system will cover more than 100 Chinese cities and benefit more than 100 million households by 2020.
Environmental Law
The Standing Committee of the National People’s Congress, China’s top legislature, on April 24 voted to adopt revisions to the Environmental Protection Law, the first change to the legislation in 25 years.
With the addition of 23 articles, raising the total to 70 compared with 47 in the original law, the revised law sets environmental protection as the country’s basic policy.
The law gives harsher punishments to environmental wrongdoing, and has specific articles and provisions on tackling smog, promoting environmental protection awareness and protecting whistleblowers.
It says that citizens should adopt a low-carbon and frugal lifestyle and perform environmental protection duties, and nominates June 5 as Environment Day. The revised law will go into effect from January 1, 2015.
Clean Days
More than half of the number of days in the first three months of the year saw clean air, according to results from 74 Chinese cities that were monitored.
Forty-eight days out of 90, or 53.1 percent, had clean air, up 5.1 percent year on year, the Ministry of Environmental Protection revealed on April 25.
The 10 cities with the most serious air pollution were Xingtai, Shijiazhuang, Baoding, Tangshan, Handan, Hengshui, Jinan, Xi’an, Langfang and Chengdu—most of which are in the country’s north—the ministry said in a report.
Air pollution in the region surrounding Beijing was worse than other parts of the country during the three months, and the 13 monitored cities in the region experienced days that failed to meet standards 69.4 percent of the time, while the national average stood at around 47 percent.
There was a slight drop in the density of PM2.5 and PM10 (airborne particles less than 2.5 micrometers and 10 micrometers, respectively) in March compared with the same period of last year, the report added.
Work Safety
Chinese prosecutors will strengthen supervision over officials whose dereliction of duty has caused unsafe work conditions, an official from the Supreme People’s Procuratorate (SPP) told Xinhua News Agency on April 27.
Prosecutors will target malpractice by officials that leads to major accidents or the postponement of rescue operations, the unnamed official with the SPP’s Duty Dereliction and Rights Infringement Bureau said.
Priorities will include supervision of the transportation of dangerous chemicals, natural gas and oil, infrastructure construction, the environment, and food safety. Officials who cover up, delay or give false information about work safety accidents, or instruct others to do so, will be punished severely, according to the SPP official.
SPP statistics show that from 2008 to 2013, nearly 5,500 officials were investigated or prosecuted for dereliction of duty in more than 4,000 cases. Prosecutors have recovered economic losses worth more than 2 billion yuan($320 million).
Beijing Treaty
China’s top legislature ratified the Beijing Treaty on audiovisual performances on April 24, a document overseen by the World Intellectual Property Organization (WIPO).
During its bimonthly session, the Standing Committee of the National People’s Congress ratified the treaty, which was submitted by the State Council, China’s cabinet. Approved in June 2012 at a WIPO Diplomatic Conference in Beijing, the 30-article treaty is expected to protect the rights of film actors and other performers.
The treaty stipulates that contracting parties shall provide enforcement to ensure effective action against infringement on intellectual property rights covered by the treaty as well as remedies to deter further infringements.
Cartoon City
A woman paints cartoon characters on her car during an automobile parade held in Hangzhou, Zhejiang Province on April 27.
Around 100 cars featuring colorful cartoon paintings took part in the parade as a warm-up for the 10th China International Cartoon and Animation Festival, which opened in Hangzhou on April 28.
Sturgeon Reserve
A nature reserve will be set up to protect Chinese sturgeons, a threatened species of fish, at the Yangtze River estuary in Shanghai, authorities announced on April 24.
The reserve, to be located in Yingdong Village in Chongming County, will cover an area of about 55,900 square meters, according to the Shanghai Agriculture Committee (SAC).
The conservation zone will include laboratory buildings, fish rescue facilities, an outdoor fishpond and an artificial purification system for wetland water. Construction will begin in May, the SAC said.
The reserve is expected to help sturgeons as well as other endangered aquatic animals survive and breed. It will also contribute to scientific research.
Believed to have lived at the same time as dinosaurs, acipenser sinensis, the Chinese sturgeon, has existed for more than 140 million years. The fish, sometimes called “aquatic pandas,” is listed as a wild creature under state protection.
Flowery Fun
A major international horticultural exposition opens in Qingdao, east China’s Shandong Province, on April 25.
The expo will last for 184 days with the theme From the Earth, For the Earth, and it marks the fourth time a Chinese mainland city has hosted a horticultural event of this scale after Xi’an in Shaanxi Province, Kunming in Yunnan Province and Shenyang in Liaoning Province.
A wide variety of gardening styles are on display. Plants cultivated from seeds carried back by China’s first manned deep-sea submersible Jiaolong are also on display.
Policy Stability
China’s economic growth in the first quarter was within a proper range, so the government will maintain the continuity and stability of its macroeconomic policies, the top leadership announced on April 25. Since the beginning of the year, the country has been forced to face economic challenges and difficulties head on but the economy has generally had a good start, said a statement released after a meeting of the Political Bureau of the Communist Party of China (CPC) Central Committee.
Xi Jinping, General Secretary of the CPC Central Committee, chaired the meeting to discuss the economic situation and related matters.
“The economic situation was generally in line with the government’s macroeconomic regulation and developmental outlook,” the statement said.
Economic fundamentals remain unchanged and the country should coordinate the measures required for stabilizing growth, promoting reforms, adjusting structure, improving livelihoods and preventing risks, the statement said.
“Both fiscal and monetary policies will be kept steady to nurture expectation for sound development and a transparent macro policy environment,”it said.
The Yangtze Belt
Premier Li Keqiang promised on April 28 to help group 11 provincial-level regions into the largest development network in China—an economic belt along the 1,800-km “golden waterway”of the Yangtze River.
It is a logical step to use the Yangtze River to connect the relatively developed east China with central and west China, Li said.
Li discussed the plan with leaders from the 11 municipalities and provinces in Chongqing, and he said it will generate a powerful driving force behind the nation’s next round of economic development.
The 11 regions in the proposed economic belt include Shanghai and Chongqing municipalities, along with Jiangsu, Zhejiang, Anhui, Jiangxi, Hubei, Hunan, Sichuan, Yunnan and Guizhou provinces.
“The well-being of people along the Yangtze River—about 580 million in 2012—is vital to the country’s overall development,” Li said.
Alibaba’s Purchase
China’s e-commerce giant Alibaba has stepped up its investment in cultural and digital entertainment industries with a strategic deal with leading online video source Youku Tudou.
The deal, announced on April 28, means Alibaba and private equity firm Yunfeng Capital will buy an 18.5-percent stake in Youku Tudou for $1.22 billion.
Alibaba holds 16.5 percent while Yunfeng Capital possesses 2 percent. Alibaba’s founder and chairman Jack Ma is a co-founder of Yunfeng Capital.
The cooperation will support Youku Tudou’s innovation in the newly emerging area and accelerate Alibaba’s digital entertainment and video content strategy, said Ma. It will also extend the Alibaba ecosystem and bring new products and services to Alibaba’s customers, he said.
The deal will help Youku Tudou build a cultural entertainment platform that integrates online and offline entertainment,” said Victor Koo, Chairman and CEO of Youku Tudou.
Global Test
An ARJ21-700 regional airplane, which completed test flights in natural icing conditions in Canada, returns to an airport in Xi’an, northwest China’s Shaanxi Province, on April 28.
It also marked the completion of a 30,000-km flight around the world by the airliner, China’s first domestically made turbofan-engined jet.
The test flights have also demonstrated the airliner’s stability and its ability to cope with extreme weather, said He Dongfeng, President of the Commercial Aircraft Corp. of China, Ltd., its manufacturer.
Loans for Small Firms
Outstanding loans from both domestic and foreign-invested banks to the nation’s small and micro-sized companies stood at 13.7 trillion yuan ($2.22 trillion) as of the end of March.
The value represented an increase of 16.3 percent year on year, with the growth rate picking up by 2.1 percentage points compared to the growth level at the end of last year, according to data released by the People’s Bank of China,China’s central bank.
In the first quarter, new yuandenominated loans to small and microsized firms totaled 560.9 billion yuan($89.69 billion), accounting for 30.5 percent of new loans to all companies.
Two Birds, One Stone
Villagers attend to a beehive in an orange garden in Zigui County, central China’s Hubei Province.
Every spring, the blossoms of orange trees cover more than 300,000 mu (20,000 hectares) on both sides of Xiajiang River. Local farmers produce honey by beekeeping in orchards, which in turn facilitates the pollination of orange flowers.
Mobile Payment Thrives
The total trading volume of the thirdparty payment business rose 43.2 percent year on year to 17.9 trillion yuan($2.9 trillion) in China in 2013.
The country’s third-party mobile payment market also grew as transactions exceeded 1.2 trillion yuan ($191.88 million), up a staggering 707 percent year on year, according to a report by the Institute of Finance and Banking under the Chinese Academy of Social Sciences. The People’s Bank of China (PBC), the central bank, suspended codebased payments and virtual credit cards on March 14, and set a limit on the size of third-party payments, causing discontent in some financial quarters. Fan Shuangwen, Deputy Director of the PBC’s Department of Payments and Settlements, said the limit guaranteed security rather than restricting consumption, and would maintain transparency in the process and prevent money laundering.
Direct Money Exchange
China set up a currency-trading center on the China-Viet Nam border on April 26, which will help end rampant illegal private currency trading.
The ASEAN Currency Business Center, initiated by the Agricultural Bank of China (ABC) in Dongxing, southwest China’s Guangxi Zhuang Autonomous Region, will allow direct convertibility of the Chinese yuan and the Vietnamese dong, said Zhang Xiaogao, General Manager of the International Business Department of ABC’s Guangxi Branch.
The center, the first of its kind in China, will boost convenience for business people in the border areas, Zhang said, adding that it could help end rampant illegal private currency trading.
Exchanges between the two currencies had to be conducted via the U.S. dollar in local banks, contributing to the business of traders that provide illegal services of direct yuan-dong exchanges in the cross-border region.
Downward Trend
The State Information Center (SIC), a government think tank, on April 28 forecast China’s economy to expand by around 7.4 percent in the second quarter, with notable downward pressure and rising financial risks.
The SIC predicted the economy will stay on a steady yet slightly downward track in the second quarter, as growth momentum remains sluggish amid slower income growth, easing investment and weak global recovery.
The center named risks from the property market, local government debt and overcapacity as major threats to financial stability.
After years of intense growth, China’s red-hot housing market is showing increasing signs of cooling down. In some cities like Hangzhou and Shanghai, there have been reports of price cuts to promote sales.
“Market expectation change and radical adjustment in the sector may lead to systematic risks that will affect related industries and broader financial and economic stability,” the SIC warned.
It advised the government to accelerate implementation of proactive fiscal policies and flexible use of prudent monetary policies.
When appropriate, China should consider lowering the reserve requirement ratio for banks, the SIC said.
The concert was also the opening performance of the 14th Meet in Beijing Arts Festival. A total of 280 shows will be performed by 212 art groups from 33 countries and regions during the art festival that will last until May 25.
Navigation System
A domestically developed, highprecision global positioning system went into operation in China on April 25, further improving the capability of the country’s satellite navigation system.
Xihe, named after an ancient Chinese god, was developed by the National Remote Sensing Center of China (NRSCC) under the Ministry of Science and Technology (MOST). It has an outdoor accuracy of 1 meter and an indoor accuracy of 3 meters, the NRSCC said.
Xihe can identify and connect with various satellite navigation systems, including China’s homegrown Beidou, which many other positioning systems cannot identify.
The system has undergone trials in Beijing, Shanghai and Tianjin, according to the NRSCC.
Jing Guife, NRSCC Deputy Director, said that the system will play an important role in many areas, including positioning, transportation and the Internet of Things.
“It will also help extend the application of the Beidou system, which enjoys a smaller market compared with other international competitors,” Jing said.
According to a white paper issued by the MOST in 2013, the Xihe system will cover more than 100 Chinese cities and benefit more than 100 million households by 2020.
Environmental Law
The Standing Committee of the National People’s Congress, China’s top legislature, on April 24 voted to adopt revisions to the Environmental Protection Law, the first change to the legislation in 25 years.
With the addition of 23 articles, raising the total to 70 compared with 47 in the original law, the revised law sets environmental protection as the country’s basic policy.
The law gives harsher punishments to environmental wrongdoing, and has specific articles and provisions on tackling smog, promoting environmental protection awareness and protecting whistleblowers.
It says that citizens should adopt a low-carbon and frugal lifestyle and perform environmental protection duties, and nominates June 5 as Environment Day. The revised law will go into effect from January 1, 2015.
Clean Days
More than half of the number of days in the first three months of the year saw clean air, according to results from 74 Chinese cities that were monitored.
Forty-eight days out of 90, or 53.1 percent, had clean air, up 5.1 percent year on year, the Ministry of Environmental Protection revealed on April 25.
The 10 cities with the most serious air pollution were Xingtai, Shijiazhuang, Baoding, Tangshan, Handan, Hengshui, Jinan, Xi’an, Langfang and Chengdu—most of which are in the country’s north—the ministry said in a report.
Air pollution in the region surrounding Beijing was worse than other parts of the country during the three months, and the 13 monitored cities in the region experienced days that failed to meet standards 69.4 percent of the time, while the national average stood at around 47 percent.
There was a slight drop in the density of PM2.5 and PM10 (airborne particles less than 2.5 micrometers and 10 micrometers, respectively) in March compared with the same period of last year, the report added.
Work Safety
Chinese prosecutors will strengthen supervision over officials whose dereliction of duty has caused unsafe work conditions, an official from the Supreme People’s Procuratorate (SPP) told Xinhua News Agency on April 27.
Prosecutors will target malpractice by officials that leads to major accidents or the postponement of rescue operations, the unnamed official with the SPP’s Duty Dereliction and Rights Infringement Bureau said.
Priorities will include supervision of the transportation of dangerous chemicals, natural gas and oil, infrastructure construction, the environment, and food safety. Officials who cover up, delay or give false information about work safety accidents, or instruct others to do so, will be punished severely, according to the SPP official.
SPP statistics show that from 2008 to 2013, nearly 5,500 officials were investigated or prosecuted for dereliction of duty in more than 4,000 cases. Prosecutors have recovered economic losses worth more than 2 billion yuan($320 million).
Beijing Treaty
China’s top legislature ratified the Beijing Treaty on audiovisual performances on April 24, a document overseen by the World Intellectual Property Organization (WIPO).
During its bimonthly session, the Standing Committee of the National People’s Congress ratified the treaty, which was submitted by the State Council, China’s cabinet. Approved in June 2012 at a WIPO Diplomatic Conference in Beijing, the 30-article treaty is expected to protect the rights of film actors and other performers.
The treaty stipulates that contracting parties shall provide enforcement to ensure effective action against infringement on intellectual property rights covered by the treaty as well as remedies to deter further infringements.
Cartoon City
A woman paints cartoon characters on her car during an automobile parade held in Hangzhou, Zhejiang Province on April 27.
Around 100 cars featuring colorful cartoon paintings took part in the parade as a warm-up for the 10th China International Cartoon and Animation Festival, which opened in Hangzhou on April 28.
Sturgeon Reserve
A nature reserve will be set up to protect Chinese sturgeons, a threatened species of fish, at the Yangtze River estuary in Shanghai, authorities announced on April 24.
The reserve, to be located in Yingdong Village in Chongming County, will cover an area of about 55,900 square meters, according to the Shanghai Agriculture Committee (SAC).
The conservation zone will include laboratory buildings, fish rescue facilities, an outdoor fishpond and an artificial purification system for wetland water. Construction will begin in May, the SAC said.
The reserve is expected to help sturgeons as well as other endangered aquatic animals survive and breed. It will also contribute to scientific research.
Believed to have lived at the same time as dinosaurs, acipenser sinensis, the Chinese sturgeon, has existed for more than 140 million years. The fish, sometimes called “aquatic pandas,” is listed as a wild creature under state protection.
Flowery Fun
A major international horticultural exposition opens in Qingdao, east China’s Shandong Province, on April 25.
The expo will last for 184 days with the theme From the Earth, For the Earth, and it marks the fourth time a Chinese mainland city has hosted a horticultural event of this scale after Xi’an in Shaanxi Province, Kunming in Yunnan Province and Shenyang in Liaoning Province.
A wide variety of gardening styles are on display. Plants cultivated from seeds carried back by China’s first manned deep-sea submersible Jiaolong are also on display.
Policy Stability
China’s economic growth in the first quarter was within a proper range, so the government will maintain the continuity and stability of its macroeconomic policies, the top leadership announced on April 25. Since the beginning of the year, the country has been forced to face economic challenges and difficulties head on but the economy has generally had a good start, said a statement released after a meeting of the Political Bureau of the Communist Party of China (CPC) Central Committee.
Xi Jinping, General Secretary of the CPC Central Committee, chaired the meeting to discuss the economic situation and related matters.
“The economic situation was generally in line with the government’s macroeconomic regulation and developmental outlook,” the statement said.
Economic fundamentals remain unchanged and the country should coordinate the measures required for stabilizing growth, promoting reforms, adjusting structure, improving livelihoods and preventing risks, the statement said.
“Both fiscal and monetary policies will be kept steady to nurture expectation for sound development and a transparent macro policy environment,”it said.
The Yangtze Belt
Premier Li Keqiang promised on April 28 to help group 11 provincial-level regions into the largest development network in China—an economic belt along the 1,800-km “golden waterway”of the Yangtze River.
It is a logical step to use the Yangtze River to connect the relatively developed east China with central and west China, Li said.
Li discussed the plan with leaders from the 11 municipalities and provinces in Chongqing, and he said it will generate a powerful driving force behind the nation’s next round of economic development.
The 11 regions in the proposed economic belt include Shanghai and Chongqing municipalities, along with Jiangsu, Zhejiang, Anhui, Jiangxi, Hubei, Hunan, Sichuan, Yunnan and Guizhou provinces.
“The well-being of people along the Yangtze River—about 580 million in 2012—is vital to the country’s overall development,” Li said.
Alibaba’s Purchase
China’s e-commerce giant Alibaba has stepped up its investment in cultural and digital entertainment industries with a strategic deal with leading online video source Youku Tudou.
The deal, announced on April 28, means Alibaba and private equity firm Yunfeng Capital will buy an 18.5-percent stake in Youku Tudou for $1.22 billion.
Alibaba holds 16.5 percent while Yunfeng Capital possesses 2 percent. Alibaba’s founder and chairman Jack Ma is a co-founder of Yunfeng Capital.
The cooperation will support Youku Tudou’s innovation in the newly emerging area and accelerate Alibaba’s digital entertainment and video content strategy, said Ma. It will also extend the Alibaba ecosystem and bring new products and services to Alibaba’s customers, he said.
The deal will help Youku Tudou build a cultural entertainment platform that integrates online and offline entertainment,” said Victor Koo, Chairman and CEO of Youku Tudou.
Global Test
An ARJ21-700 regional airplane, which completed test flights in natural icing conditions in Canada, returns to an airport in Xi’an, northwest China’s Shaanxi Province, on April 28.
It also marked the completion of a 30,000-km flight around the world by the airliner, China’s first domestically made turbofan-engined jet.
The test flights have also demonstrated the airliner’s stability and its ability to cope with extreme weather, said He Dongfeng, President of the Commercial Aircraft Corp. of China, Ltd., its manufacturer.
Loans for Small Firms
Outstanding loans from both domestic and foreign-invested banks to the nation’s small and micro-sized companies stood at 13.7 trillion yuan ($2.22 trillion) as of the end of March.
The value represented an increase of 16.3 percent year on year, with the growth rate picking up by 2.1 percentage points compared to the growth level at the end of last year, according to data released by the People’s Bank of China,China’s central bank.
In the first quarter, new yuandenominated loans to small and microsized firms totaled 560.9 billion yuan($89.69 billion), accounting for 30.5 percent of new loans to all companies.
Two Birds, One Stone
Villagers attend to a beehive in an orange garden in Zigui County, central China’s Hubei Province.
Every spring, the blossoms of orange trees cover more than 300,000 mu (20,000 hectares) on both sides of Xiajiang River. Local farmers produce honey by beekeeping in orchards, which in turn facilitates the pollination of orange flowers.
Mobile Payment Thrives
The total trading volume of the thirdparty payment business rose 43.2 percent year on year to 17.9 trillion yuan($2.9 trillion) in China in 2013.
The country’s third-party mobile payment market also grew as transactions exceeded 1.2 trillion yuan ($191.88 million), up a staggering 707 percent year on year, according to a report by the Institute of Finance and Banking under the Chinese Academy of Social Sciences. The People’s Bank of China (PBC), the central bank, suspended codebased payments and virtual credit cards on March 14, and set a limit on the size of third-party payments, causing discontent in some financial quarters. Fan Shuangwen, Deputy Director of the PBC’s Department of Payments and Settlements, said the limit guaranteed security rather than restricting consumption, and would maintain transparency in the process and prevent money laundering.
Direct Money Exchange
China set up a currency-trading center on the China-Viet Nam border on April 26, which will help end rampant illegal private currency trading.
The ASEAN Currency Business Center, initiated by the Agricultural Bank of China (ABC) in Dongxing, southwest China’s Guangxi Zhuang Autonomous Region, will allow direct convertibility of the Chinese yuan and the Vietnamese dong, said Zhang Xiaogao, General Manager of the International Business Department of ABC’s Guangxi Branch.
The center, the first of its kind in China, will boost convenience for business people in the border areas, Zhang said, adding that it could help end rampant illegal private currency trading.
Exchanges between the two currencies had to be conducted via the U.S. dollar in local banks, contributing to the business of traders that provide illegal services of direct yuan-dong exchanges in the cross-border region.
Downward Trend
The State Information Center (SIC), a government think tank, on April 28 forecast China’s economy to expand by around 7.4 percent in the second quarter, with notable downward pressure and rising financial risks.
The SIC predicted the economy will stay on a steady yet slightly downward track in the second quarter, as growth momentum remains sluggish amid slower income growth, easing investment and weak global recovery.
The center named risks from the property market, local government debt and overcapacity as major threats to financial stability.
After years of intense growth, China’s red-hot housing market is showing increasing signs of cooling down. In some cities like Hangzhou and Shanghai, there have been reports of price cuts to promote sales.
“Market expectation change and radical adjustment in the sector may lead to systematic risks that will affect related industries and broader financial and economic stability,” the SIC warned.
It advised the government to accelerate implementation of proactive fiscal policies and flexible use of prudent monetary policies.
When appropriate, China should consider lowering the reserve requirement ratio for banks, the SIC said.