reviews naval parade on 70th birthday of Navy

Xi reviewed 18 vessels from 13 countries invited to participate in a naval parade on Tuesday afternoon.

The foreign vessels in the waters off eastern China’s coastal city of Qingdao saluted

Xi, who was on board the destroyer Xining, in their traditional manners as they passed by.

The destroyer Xining sounded its horn to ret

The vessels whistled and officers and soldiers stood in a ceremonial formation, saluting Xi as they passed by.

“Salute to you, comrades,” Xi called out to the officers and soldiers.

“Hail to you, chairman,” they replied.

Xi alternated the greeting with “Comrades, thanks f

or your hard work,” to which the officers and soldiers replied “Serve the peop

urn the salute, and Xi waved to the naval officers and soldiers aboard the vessels

i onboard the destroyer Xining gave an order to commence the naval parade on the sea off Qingdao at about 2:30 pm Tuesday.

A total of 32 vessels of the People’s Liberation Army Navy sailed in six groups, and 39 warplanes of the navy flew in ten echelons.

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China will improve the market environment for c

 car sales and expand the supply of automobiles as part of its latest efforts to boost auto consum

ption, Gao Feng, the spokesperson for the Ministry of Commerce, said at a press conference early this month.

By the end of 2018, China’s six cities namely Beijing, Shanghai, Shenzhen, Guangzhou, Hangzhou and Tianijin carried

out the purchase restriction of fuel-powered passenger cars, said Shao Jiang, an analyst at Everbright Securities. “If thes

e cities double their rising number of new cars, it could bring a 2.8 percent year-on-year growth for the wh

ole passenger car market.”Editor’s Note: The eight explosions in Sri Lanka on Easter Sunday have claimed more tha

n 300 lives and left over 500 people injured. A ninth explosion was reported on Monday near a church in Colombo, but n

one was reported killed or injured. The Islamic State reportedly claimed responsibility for the bombings on Tue

sday. Two experts share their views on the attacks with China Daily’s Liu Jianna. Excerpts follow

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He said seeing is believing and he welcomes the stude

nts to visit China in the future.Kendra Le, a Niles North freshman, was thrilled about Xi’s response letter, the Chicago Tribune reported.

“I was surprised, very surprised,” Le was quoted in the report as say

ing. “It was an honor to receive a letter from him. It was really nice getting a letter from him.”

The report also said that Zhao Jian, the Chinese consul general in Chicago, personally

delivered the letter to a gathering of students enrolled in Chinese classes at Niles North on April 3.

Serena Meyers, a Niles North senior taking her first year of Chinese after thr

ee terms of Spanish, was not only happy to receive the response, but also ple

ased at how the Chinese leader made an effort to answer the questions her classmates posed.

“I was absolutely surprised,” she told the Chicago Tribune. “He has a lot to do and it was a

n honor he wrote back to us.”The Niles North High School began offering Mandarin courses in 2008.

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Xi underlines studies on May Fourth Movementnjiang

The call made by Xi Jinping, general secretary of the Communist Party of China Central Committee, for more study of the

May Fourth Movement, will help younger generations better understand the value of its spirit, observers said.

Xi underlined the need to strengthen studies of the May Fourth Move

ment and its spirit during a speech at the group study session of the Political Bureau of the C

PC Central Committee on Friday, according to a news release issued on Saturday.

This year is the 100th anniversary of the movement launch

ed by young intellectuals and participated in by people from all walks

of life. It was a political, anti-imperialist movement that stemmed from student demonstrations in Beijing on May 4, 1919.

Presiding over the session on the historical significance and modern value of the movement, Xi said the studies shoul

d elaborate on why the movement is of great and far-reaching significance for development and progress in conte

mporary China, and why Marxism has become a guide for the cause of the Chinese people’s revolution, construction and reform.

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NPC reviews Securities Law amendmentdamental law governin

Country may soon adopt revision to pave way for capital market reform

The top legislature deliberated on the draft revision of the Securities Law over the weeke

nd, signaling China may soon adopt the revision to pave the way for key capital market reforms, experts said.

On Saturday, the draft revision was submitted to a bimonthly s

ession of the Standing Committee of the National People’s Congress for a third reading, Xinh

ua News Agency reported. The session began on Saturday and continues through Tuesday.

Revision of the fundamental law governing the capital market h

as lasted for six years, with 2015 and 2017 having seen readings of two draft versions.

“The latest draft version is of great importance because it will provide legal grounds for the registration-based initial pub

lic offering system-a key reform that China’s capital market has been awaiting for years,” said Dong Dengxin, director of th

e Finance and Securities Institute at Wuhan University of Science and Technology.

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We believe that with the passing of time and the sy

nergy of all parties, Belt and Road cooperation will definitely become deep and concrete, steady and extensive,” the report said.

“The Belt and Road will become a road of peace, prosperity, opening up, green development, innovatio

n, connected civilizations, and clean government. It wi

ll make economic globalization become more open, inclusive, balanced and beneficial to all.”

China will improve its oversight of human related scientific research and medic

al tests under draft laws and amendments submitted to China’s top legislature for review on Saturday.

Medical and scientific research related to human genes and embryos mi

ght present risks to health or violate ethics, and they must be strictly regulated therefore, said She

n Chunyao, senior legislator of the Constitution and Law Committee of the National People’s Congress.

A new item has been added to the country’s draft civil law, requiring that all

medical and scientific research related to human genes and embryos must f

ollow strict rules, laws and regulations, and should not pose a threat to people’s health or violate moral or ethical codes.

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Television footage also showed blasts in three hotels

the Cinnamon Grand, Shangri-La and Kingsbury hotels in the capital, which occurred following the church blasts.

2 more explosions hit Sri Lanka

A Sri Lankan military spokesman has confirmed two more explosions just outsi

de the capital, hours after six nearly simultaneous blasts rocked churches and luxury hotels.

The spokesman, Brig. Atapattu, says a 7th blast occurred at a guestho

use in Dehiwala, killing at least two people. Atapattu says an 8th blast occurred in Dem

atagoda on the outskirts of Colombo. He did not have details on the Dematagoda blast.

7 suspects have been arrested

State Minister of Defense Ruwan Wijewardene says seven suspects have been arrested.

Security has been beefed up across the countr

y. Wijewardene said all necessary precautions had been taken to keep citizens safe.

“As a government all necessary action will be taken agains

t any extremist group that is operating in our country,” Wijewardene said.

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Two Chinese nationals were confirmed killed, the

Chinese Embassy in Colombo said.The embassy is verifying the number of Chinese injured in the attacks.

Earlier information from the embassy said that four Chinese nationals were injured

in the multiple church and hotel explosions that ripped through the island nation on the Easter day.

The Chinese Embassy has activated an emergency response mechanism immediately a

fter the blasts, and embassy officials have visited the injured who were in hospital for treatment.

Curfew and ban on social media imposed

The government has imposed a nationwide curfew from 6 pm Sunday to 6 am local time on Monday.

The Sri Lankan government has also imposed a temporary ban on social media to prevent the spread of false information.

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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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China mulls amendment to securities lawendment to the

A draft amendment to the Securities Law was submitted Saturday to a bimonthly session of the

National People’s Congress Standing Committee, China’s top legislature, for a third reading.

The latest revisions to the law include rules on the newly-devised science and technology inn

ovation board, which will pilot a registration-based initial public offering (IPO) system.

Under the current IPO system, new shares are subject to ap

proval from the China Securities Regulatory Commission before being listed.

Other revisions in the draft are made in light of new p

rogress of reforms and new developments of the capital market.

A draft amendment to the law was previously submitte

d to the top legislature for first reading in April 2015, mainly

to meet the legislative demand of reforming the IPO system toward a registration-based one.

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