investment in environment-friendly urban mas

 transit. According to NBS preliminary estimates, the share of consumption of clean energy such as natural gas, hydropo

wer, nuclear power and wind power in total energy consumption in the first quarter was 1.5 percentage points hi

gher than that of the same period last year. Energy consumption per unit of GDP went down by 2.7 percent year-on-year.

Total investment in fixed aassets grew by 6.3 percent, with private invest

ment growing at 6.4 percent, slightly faster than the overall number. This is es

pecially significant in the light of last year’s fears that private investment in the econo

my might collapse. So, the government’s efforts to strengthen the private sector appear to have borne fruit.

Investment in high-tech manufacturing rose by 11.4 percent and investme

nt in high-tech services rose 19.3 percent, both far higher than overall investment gro]

wth. This shows that the shift toward advanced manufacturing and services is well underway.

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hinese prize for quantum research announced

A total of 12 million yuan ($1.78 million) of cash will be granted to 12 international scientists for their

groundbreaking academic contributions to the fields of quantum computation and quantum com

munications, according to a press release by the newly founded Micius Quantum Foundation on Friday.

With a combined donation of 100 million yuan from Chinese entrepreneurs, the foundation based in Hefei, East China’s Anhu

i province, will give each of the six annual laureates one million yuan. The foundation, a non-profit organization, ai

ms to promote development of quantum information science and technology.

The Micius Quantum Prize’s 2018 and 2019 laureates were announ

ced at the same time, as selection of first-year nominees took longer than expected, said Luo

Yi, president of the foundation and a scientist from the University of Science and Technology of China, based in Hefei.

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The forum helped countries upgrade their concept

 of cooperation, defined key areas and strengthened the mechanism to seek high-quality development of the BRI, he said.

Leaders reached wide-ranging agreement on high-quality cooperation on the BRI at the leaders’ roundtable on Saturday after an i

n-depth exchange of views on issues such as connectivity, policy integration and sustainable development.

They supported comprehensive infrastructure connectivity as a way to foster economic growth and to build high-q

uality, reliable, resilient and sustainable infrastructure, according to a joint communique issued after the roundtable.

All parties involved supported strengthening synergies in development policies using the principle

of extensive consultations, joint contributions for shared benefits and building even closer partnerships, the joint communique said.

The leaders also upheld green and sustainable growth and agreed to enhance cooperation in areas such as environ

mental protection, circular economy and clean energy, according to the communique.

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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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Jon Taylor, a professor of political science at the Uni

versity of St. Thomas in Houston, Texas, in the United States, said Xi

wants to convey a specific message: that China sees the BRI as a method by which it can make

a substantial and permanent contribution to lasting peace, common security and global prosperity.

“While some Westerners may scoff at the impact they think the BRI m

ay have on these issues, Xi genuinely sees the BRI as a global development project and will cont

inue to wholeheartedly put China’s money, resources and energies into this project,” he said.

Chen Weihua in Brussels, Bo Leung in London, Zhao Huanxin in Washington, Edith Muteth

ya in Nairobi and Chen Yingqun in Beijing contributed to this story.The profits of China’s major indu

strial firms surged by 13.9 percent in March, a drastic rebound compared to the 14-percent decline in January-Febru

ary period, official data from the National Bureau of Statistics (NBS) showed Saturday.

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China to support 5,000 people for BRI innovation excha

China will support 5,000 people from innovation sector in Belt and Road countries i

n conducting exchanges, training programs and joint researches in the next five years.

Sustainable development under BRI stressed

China will work with other parties to promote a coalition of sustainab

le cities and an international coalition for green development under the Belt and Road Initiative.

China to invite 10,000 representatives of political parties, think tanks, NGOs from B&R countries

A total of 10,000 representatives of political parties, think ta

nks and non-governmental organizations from count

ries participating in the Belt and Road Initiative will be invited to China for exchanges in the next five years.

China to allow foreign businesses in more sectors with controlling or full stake

China will allow foreign investors to operate businesses in more sec

tors with controlling or full stake. China will roll out a new batch of pilot free trade zones.

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ent Xi Jinping speaks at the opening ceremony of the

hina will increase imports of goods and services on a larger scale. China will further lower its tariff rates.

China not to adopt beggar-thy-neighbor currency devaluation

China will continue to improve the exchange rate formation mechanism of its curren

cy, the renminbi, and keep the exchange rate generally stable on a reasonable and balanced level.

China establishes mechanism for fulfilling international agreements

China attaches great importance to the establishment of a constrain

t mechanism for the fulfillment and implementation of international agreements, and the modi

fication and improvement of laws and regulations in accordance with the need of further opening-up.

Fair treatment to Chinese enterprises, students, scholars abroad called for

All countries should create a sound investment environment, and treat Chinese e

nterprises, students and scholars abroad as equals. All countries should provide a fair and friendly envir

onment for them to carry out normal international exchanges and cooperation.

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Last year, we issued an announcement offering op

portunities for all UN member states to propose experiments they want to conduct using China’s space station,” said Simone

tta Di Pippo, director of the UNOOSA. “We have received more than 40 proposals before the deadline for sub

mission. We will announce the winners probably by the end of June after evaluation.” Di Pippo said these on the sideli

nes of the fourth China Space Day on April 24 to mark the anniversary of the country’s first satellite launch in 1970.

Moreover, Pakistan intends to send one of their astronauts to China’s space station by 2022, A

mer Nadeem, chairman of Space and Upper Atmosphere Research Commission in Pakistan, said after

the opening ceremony of China Space Day in Changsha, Hunan province, on Wednesday.

“Hopefully, the agreement on the matter will be signed very soon. We will select the candidates based on the agreement. Also, they

will come to China for some parts of the training,” Nadeem said. He added that Pakistan and China will furth

er enhance cooperation on several space projects focusing on satellite networks in future.

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Yi pledged to use more market-based commercial fund

 He also said improving transparency for projects’ financing is needed, especially for green

financing, and using local currencies in BRI investments to curb exchange rate risks. “The opening of local curr

ency-denominated bond markets will effectively attract long-term funds and reduce risks of currency mismatches,” he said.

Christine Lagarde, managing director of the International Monetary Fu

nd, said at the forum that China’s increased focus on the long-term success of BRI projects and the

BRI debt sustainability framework “are very welcome steps in the right direction”.

The further opening-up of China’s financial sector, such as the b

ond market, will enable diversification and foster renminbi internationalization, she said.

fywmgz.cn

The death toll of the multiple explosions which ripp

 through Sri Lanka on Sunday has risen to 359, according to a police report released

on Wednesday. While mourning alongside Sri Lankans, the world community needs to shore up greater reso

lve and build a broader consensus to counter extremism and terrorism worldwide.

The terrorist attacks in various locations in the South Asian country o

n the same day must have required a lot of planning, and i

t is believed they were the result of collaboration between domestic and overseas extremists.

This series of terrorist attacks follows the attacks on two mosques in Christc

hurch, New Zealand, and both tragedies should not only sound the alarm but also rally the

international community to eliminate the terrorist and extremist elements in civil societies.

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