The country will further open up its financial sector and

accelerate the process to fully lower the market access threshold for foreign investments in

banking, securities and insurance, the premier said. Service sectors, including medical care and educ

ation, will be opened up along with transportation, infrastructure and energy, he said.

Li said China will further make it easier for foreign companies to set up a venture capital presence and will improve regulati

ons on foreign investors’ strategic investments in listed companies and their mergers with and acquisitions of domestic enterprises.

Also, preferential policies for investments from Hong Kong, Macao and Taiwan w

ill remain unchanged, and greater development opportunities will be offered for them, Li said.

Wang Huiyao, president of the Center for China and Globalizaton, said he was impressed by Li’s speech to cl

ean up rules and regulations inconsistent with the Foreign Investment Law as well as to launch a more streamlined negative list.

“It shows China’s attitude of further opening-up, which is a higher-level and more concrete commitment of China,” he said.

Leif Johansson, chairman of global biopharmaceutical giant AstraZeneca, said

Li’s speech reflects the determination to create a more open, fair and transpare

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Cooperation is the best choice for China and the US,” Ga

 said. “This is not only beneficial to the two countries and their peoples, but also conducive to the entire world.”

The words came as the US Department of Commerce reported that the US trade deficit with China narrowed by 6.4 perce

nt to $34.5 billion in January. US goods exports to China dropped 22.3 percent to $7.1 billion, the lowest since Sep

tember 2010, and Chinese imports dropped 9.6 percent to $41.6 billion, the Commerce Department said.

The trade imbalance has been at the center of monthslong tensions between China and the US. Other iss

ues at the top of the list for their consultations include technology transfers and protection of intellectual property rights.

Gao said guaranteeing that companies can pursue technical cooperation based on voluntary principles and business rules is cond

ucive to creating a fair and competitive business environment and promoting high-quality economic development.

“It is in line with China’s need to further deepen reform and opening up,” he said.

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Dinosaur-era bird fossil found with unlaid egg dating back abo

A group of scientists in Gansu province have discovered a fossilized b

ird dating back about 110 million years and the first ever to have an unlaid egg in its abdomen.

The fossil represents a new species, Avimaia schweitzerae, belonging to a group called the Enantiornithes, which was a

bundant around the world and coexisted with dinosaurs in the Cretaceous period.

The well preserved fossil was discovered in the city of Yumen.

Because the specimen was crushed flat, it was only after a small fragment was extracted and analyzed under a micro

scope that the research team at the Chinese Academy of Sciences’ Institute of Vertebrate Paleontology and Pal

eoanthropology realized the unusual tissue was an egg, said Alida Bailleul, the lead author of the article.

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According to the 2018 International Energy Agency re

port, global energy-related carbon dioxide emissions rose by 1.7 percent to 33 gigatonnes last year, the highest level since

2013. Coal use in power generation alone surpassed 10 Gt, accounting for one-third of the total increase.

The fact that most of the increase in coal use comes from coal power plants in developing Asia points to the harsh reality that greenhouse gas emissions are the cost be

ing paid for development. That the majority of coal power plants in Asia are only 12 years old on average, decades short of the

average life span of around 50 years, shows how challenging it is to cut CO2 emissions and maintain economic growth.

That the developing countries obtain help from their developed co

unterparts in both funds and technologies is essential to the fight against global warming.

It is high time that countries appreciated the urgency of this comm

on challenge and how important it is for concerted efforts to cut greenhouse gas emissions.

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Ceremony held to mourn E China blast victims victims in Yanch

A memorial service was held on Wednesday for victims who died in a chemical plan

t explosion seven days prior in Xiangshui township, Yancheng city, East China’s Jiangsu province.

More than 200 officials, police officers, firefighters, bereaved families and volunteers attended the serv

ice at 7:30 am. The cars at the site honked their horns and attendees presented flowers to pay tribute to the victims.

To date, the deadly explosion of Jiangsu Tianjiayi Chemical Co in Yancheng’s Xiangshui county has claimed 78 lives.

According to Chinese tradition, the seventh day after a death marks the height of the mourning period.

subsidies continue gradual phase-out

China will whittle down subsidies on new energy vehicles as the industry develops and cost drops, aiming to boost high-quality development in the NEV sector.

The newest measure will lower subsidy standards for new energy passenger cars, buses and t

rucks, taking factors such as industry growth, cost reduction and subsidy phase-out policies into consideration, the

Ministry of Finance said in a joint statement Tuesday, adding the move was set to bring more competition in the industry.

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She said she hoped to hold a third vote on the agreement l

later this week and was working to build support for the deal, which sets out the terms of withdrawing from the EU and the outline of future relations with the bloc.

May warned opponents that continuing to reject the deal could lead to a “slow Brexit” that postpones the country’s departure indefinitely.

With the March 29 Brexit day set almost two years ago days away and the withdr

awaal agreement lacking Parliament’s approval, European leaders agreed to a postponement last week to avoid a ch

aotic cliff-edge departure that would be disruptive for the world’s biggest trading bloc and deeply damaging for Britain.

However, the EU granted a shorter delay than May sought. It said if Parliament approves

the proposed divorce deal, the UK would leave the EU on May 22. If not, the government has until April 12 to tell the

27 remaining EU countries what it plans to do – leave without a deal, cancel Brexit or chart a path to a new option.

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Livestreaming to vitalize cross-border e-commerce

Zhang Ying, 32, a white-collar worker in Beijing, is a jewelry lover. She prefers watching lives

treaming videos via some cross-border e-commerce platforms to buy foreign products in her spare time.

“Pictorial representations are not exactly the right way to purchase commodities online, I had som

e problems as the products did not match up to the expectations promised on the onlaine platform advertisements.”

Zhang said daigou (overseas shoppers who buy foreign products for customers on the Chinese mainland) can dem

onstrate details of products like jewelry in accordance with what the buyer wants through the livestreaming method.

“I can take a good look at the design, material, color, size and even every angle of the jewelry. It feels like that I can pick out the

products on my own. After comparing various necklaces and bracelets, I can decide which one fits me the best.”

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But by allowing Tsai Ing-wen, the island’s “pro-independe

ence” leader, to stop over in Hawaii on her way back to the island after an eight-day tour of thr

ee Pacific island nations this week, Washington is breaching all established protocols and violating the 1979

Joint Communiqué. Beijing lodged “stern representations” with Washington on Thursday against Tsai’s transit in Hawaii.

“We have consistently and resolutely opposed the United States or other countries which

have diplomatic relations with China arranging this kind of transit,” Foreign Ministry spokesman Ge

ng Shuang said in Beijing. Beijing has urged Washington not to send “Taiwan independence forces any wrong signal”, Geng said.

The method behind fluctuating policy of US

When the US intends to maintain good relations with the mainland, it significantly reduces the

use of or even refrains from mentioning the Taiwan Relations Act. But when Washington wants to put pressure on Beijing to fina

lize a deal or sign a trade agreement in its favor, it promptly resorts to using the Act. At times, even the island’s a

uthorities stir up trouble, prompting the US to use the Act to try and browbeat or incite the mainland.

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The Congress members have also demanded that the US adm

inistration put into practice the Taiwan Travel Act and the Asia Reassurance Initiative Act, both passed last year, to fulfill its promise to the Tsai authorities. In their

letter to US President Donald Trump, some Congress members have said the Taiwan Relations Act will help mai

ntain peace, security and stability in the Indo-Pacific region and suppress Beijing’s so-called aggression.

Moreover, to seek the US’ protection and contain Beijing, the Tsai authorities have been hyping up

the island’s strategic value for Washington. But the fact is, the empty promises given by the Congress me

mbers cannot guarantee any safety to the Tsai authorities and, instead, could put them in danger.

Ahead of the 2020 elections on the island, some US Congress members are incitin

g the Tsai authorities to provoke disputes with the mainland by supporting those seeking “Taiwan ind

ependence”. But since any attempt to split Taiwan from the motherland would lead to a conflict, it will be in the interest of neith

er side of the Straits nor the US. Worse, such a conflict would destroy peace and stability in the entire Asia-Pacific region.

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Researchers have unearthed a trove of well-preserved

fossils representing more than 50 previously undescribed animal species dating back 518 million years.

The soft tissues of their bodies, including muscles, organs, eyes and mouths are still visible in some

of the 4,351 fossils discovered in Yichang, Hubei province, according to a new study published in the journ

al Science on Friday. The excavated fossils represent 109 species, including known jelly fish, arthropods and algae.

Fu Dongjing, associate professor at Northwest University in Xi’an, Shaanxi, also the first author of the paper, said the research g

roup started exploring the ancient ruins in the summer of 2007, in Changyang Tujia autonomous county. It was lo

cated on the bank of Qingjiang River where a representative insect from the Cambrian period was first found.

The new trove of fossils called the Qingjiang biota-the living organisms of a region-ha

ve the potential to greatly inform the understanding of early animal evolution, according to the study.

About 542 million years ago, life on earth diversified at an extremely rapid pace, known as t

he Cambrian explosion. Almost all present animal categories appeared at that time. Many creatures wen

t extinct in the process of evolution, but others became the initial form of future organisms.

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