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There are signs that the central government will not cha

ange its resolution to control house prices, Zhang said, adding that in the future the real estate market will continue to crack down on speculation.

On May 11, Suzhou tightened housing policies further, China Daily ea

rlier reported. The down payment ratio for a family’s first home purchase has been rais

ed from 20 percent to 30 percent.China may grant official 5G licenses, instead of the interim licenses prev

iously planned, to telecom carriers this year and is likely to start commercial use of the superfast wireless technology nat

ionwide in the near future, possibly as soon as October, according to people familiar with the matter.

Newly built property in certain parts of the city cannot

be traded for a three-year period after purchase, and for five years in the case of pre-owned property.

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n macroeconomic terms, the China-US trade dispute ha

as added huge uncertainties to the US economy and raised the likelihood of recession. Which could

thwart the US president’s chances of being re-elected in 2020. And the trade dispute could pre

vent the US from taking the measures it intends to in order to consolidate its national power.

As for China, the significant deviation in the US’ stances and objectives

in the trade talks should be a warning for it to more strictly stick to its principles. And the

fact that the US wants to challenge the laws of economics should not be reason for China to try to do the same.

China may grant official 5G licenses, instead of the interim licenses previously planned, to tel

ecom carriers this year and is likely to start commercial use of the superfast wireless technology na

tionwide in the near future, possibly as soon as October, according to people familiar with the matter.

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Most Chinese State-owned enterprises are not relevant to tra

ade negotiations. Many are in non-tradable sectors such as property develop

ment, infrastructure, or concrete. Others are basically public utilities in telecoms or power.

Some Chinese car companies are State-owned, usually by provincial govern

ments, but the car business in China is very highly competitive and foreign brands are very successful.

In any case, the continuing growth of an already large private sector should alleviate foreign concerns

about competing with State-owned companies.

During the George W. Bush administration, the US imposed tarif

fs on Chinese steel, arguing that State-owned companies had an unfair advantage. But, US ste

el companies also face higher costs because of increased environmental protection. China’s current emphasis on bu

ilding an “ecological civilization” means that that kind of polluting heavy industry will be less viable.

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While educational evaluation has an important role of

f guidance, such roughly generated and lame evaluations cannot objectively reflect the real

conditions of schools, and have severely disrupted education activities, the statement said.

The MOE will therefore continue to regulate such acti

vities in accordance with law and regulations, according to the statement.

The China Earthquake Administration pledged to enhance its earthquake detection c

apability as it rolls out an experimental project in the country’s tremor-plagued southwestern region.

The administration has established over 360 new monitoring stations in the China Seismic Experimental Site, which spans Sichuan

and Yunnan provinces, since construction of the project was launched about one year ago, Zheng Guoguang, vice-m

inister of emergency management and head of the administration, told a news conference on Friday.

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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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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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Meanwhile, massive rescue operations are underway at

the explosion sites, the police said.Television footage showed ambulances r

ushing the injured to the Colombo National Hospital, the Batticaloa Hospital in

the east and the Negombo Hospital on the outskirts of the capital where the explosions took place.

There has been no claim of responsibility so far for the multiple blasts.

In just one church, St. Sebastian’s in Katuwapitiya, north o

f Colombo, more than 50 people had been killed, a police official told Reuters.

Media reported 25 people were also killed in an attack on a church in Batticaloa in Eastern Province.

Prime Minister Ranil Wickremesinghe called a national security council meeting at his home for later in the day.

One of the explosions was at St Anthony’s Church in Kochcikade, Colombo.

St. Sebastian’s church posted pictures of destruction inside the church on its Fa

cebook page, showing blood on pews and the floor, and requested help from the public.

Out of Sri Lanka’s total population of around 22 million, 70 percent are Buddh

ist, 12.6 percent Hindu, 9.7 percent Muslim, and 7.6 percent Christian, according to the country’s 2012 cen

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Much work remains in Sino-US trade negotiations

China and the United States have made new progress in negotiating the text of an econom

ic and trade deal, but much work remains to be done, the Ministry of Commerce said on Thursday.

Negotiating teams from the two countries are hashing out the text of the deal, including

an enforcement mechanism, on the basis of mutual respect and benefit, said Gao Feng, ministry spokesman.

The remarks came as the world’s two biggest economies have been i

ntensifying their consultations and aiming to break the deadlock in a timely manner.

In the most recent round of trade consultations, the negotiators discussed technolo

gy transfers, protection of intellectual property rights, nontariff measures, the service sector, agriculture, tra

de imbalances and enforcement mechanisms, according to earlier reports.

The American Chamber of Commerce in China said in a recent white paper that the US business commu

nity in China, long an advocate of good bilateral relations, can no longer be relied on to be a positive anchor.

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But despite being forced to work overtime without ge

tting due remuneration, very few employees use the Labor Law to defend their rights, because it is not easy for them to seek legal redress for their grievan

ces. For example, workers spend a lot of time and money to furnish effective proof that they were asked to work a

nd indeed worked overtime. By so doing, they could even lose their job – as employers could sack them for poor performance.

Interesti2365zuchewangcn-/ngly, Liu Qiangdong, founder and CEO of JD.com, used his WeC

hat account to say he now follows a “8116+8” schedule (8 am to 11 pm, six days a week, and 8

hours on Sunday, with only two days off a month), arder when he started his company. Had

he not followed the schedule, JD.com might not have survived the fierce competition from other internet companies.

Although Liu said he would not force his employees to work accordin

g to the “996″ schedule, he would want them to work as hard as he did during the initial years of JD.com.

It is therefore important that standards to calculate workload per da

y should be set and quantified, and supervision over the exploitation of labor made s

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trade hitting $682 billion last year, said Zhang Min

 head of the Chinese Mission to the EU. So far, 22 European countries have signed memorandums of understanding with Chi

na to promote the Belt and Road Initiative, with Italy and Luxembourg the most recent examples, he said.

Chen Fengying, a senior researcher at the China Institutes of Contemporary International

Relations, said that Li’s European trip is to further enhance high-level exchanges and political trust between

China and the EU, following President Xi Jinping’s visit to Italy, Monaco and France last month.

Both sides support the multilateral trading system and face challenges posed by risin

g protectionism and unilateralism to economic globalization and multilateralism, Chen said. On the global geopoliti

cal stage, China is developing at a very fast pace with an enormous economic scale, Chen said.

“As a huge market, China has reiterated its opening-up (policy) to the ou

tside world, including to European countries. Therefore, both sides should strengthen cooper

ation and exchanges in areas such as trade, investment and the Belt and Road Initiative,” she said.

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