Last month, China has set its GDP growth target for this

year at a range of 6 to 6.5 percent, according to the 2019 Government Work Report.

A further 3.24 million new urban jobs were added in the first quarter, and the survey

ed unemployment rate remained at a comparatively low level of 5.2 percent in

March. Consumer price registered a moderate rise by 1.8 percent in the first three months this year.

A basic equilibrium in the balance of payments was m

aintained, and China’s foreign exchange reserves remain more than $3 trillion.

Economic structure further improved during the same period. Value-added high-tech se

ctor’s output rose by 7.8 percent, higher than the country’s value-added industrial output.

In the first quarter, NDRC has approved 50 fixed asset investment projects, mainly i

n the fields of energy, transportation and high-tech sectors. The total investment hit 370.3 bill

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China’s foreign direct investment up 6.5% in Q1

China’s foreign direct investment (FDI) totaled 242.28 billion yuan in the first quarter of t

his year, up 6.5 percent year-on-year, the Ministry of Commerce said Thursday.

FDI in China from non-financial sectors reached $35.8 billio

n in the first three months, up 3.7 percent year-on-year.

Investment from South Korea, the United States and Germany in China m

eanwhile increased 79.6 percent, 71.3 percent and 86.1 percent year-on-year, respectively.

Foreign capital flowing to the country’s high-tech manufacturing s

ector surged 14.8 percent year-on-year to 25.97 billion yuan during the same period.

March’s FDI amounted to 95.17 billion yuan, up eight percent year-on-year.

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D’s stock tumbled after the student first accused Liu in A

August, and its shares have slowly crawled back since Decembe

r. Hong Tao, an analyst from GF Securities, said the tech heavyweight has faced troubles. JD’s adv

anced logistics system, which is its core strength, has been overtaken by Alibaba’s Cainiao Logistics.

JD is in the spotlight as it is reducing salaries for its delivery staff and seeing a round

of shake-ups in its management team. Its chief technology officer Zhang Chen, chief lega

l officer Long Yu, and chief public affairs officer Lan Ye, all announced their resignation within just one month.

The company said in February that it would lay off 10 percent of its senior executives above vice-president level this year.

The 7-coin set contains two gold coins and five silver coins, with a variety of shapes. Designs i

nclude traditional Chinese ornamentation, dragon, phoenix, flowers and bird. All are legal tender.

The coins are made by Shenzhen Guobao Mint, Shenyang Mint and Shanghai Mint.

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Ma Xiaoguang, spokesman for the State Council’s Taiw

wan Affairs Office, said in a statement on Tuesday that the exercise aimed to protect national sover

eignty and territorial integrity, as well as protect the common interests of people from both sides of the straits.

Taiwan’s administration, led by the Democratic Progressive Party, used the drill as an opport

unity to “deceive and mislead the residents of Taiwan and to provoke and escalate a cross-Straits confrontation,” Ma said.

“Its goal of undermining cross-Straits relations and the peace and security of the region will not succeed,” Ma said. “Nobo

dy should underestimate our adamant resolve and ability to protect national sovereignty and territorial integrity.”

On Tuesday, Taiwan leader Tsai Ing-wen said she will not be intimidated by the military d

rill, calling the exercise “a threat to Taiwan” and an act of “coercion”, the island’s media reported.

Tsai also thanked the United States for considering a deal with Taiwan to renew a $500

million training program in the US for Taiwan F-16 pilots and maintenance crews.

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In early April, the US increased military interactions

with the island by officially acknowledging that military personnel have been posted in the Taipei office of the American Institute in Taiwan since 2005.

US weapons manufacturer Raytheon was also granted a $9 million contract to upgrade Taiwan’s Patriot missile defense system.

Senior Colonel Liang Fang, a professor at PLA National Defense Universit

y, said the recent drill will test and enhance the PLA’s joint operating capabilities.

“It will increase the PLA’s ability to protect national sovereignty, and warn thos

e who are trying to undermine it to abandon their illusions,” she said. “Similar drills

will be more common in the future, with increasingly sophisticated equipment and training methods.”

Xiu Chunping, a researcher at the Chinese Academy of Social

Sciences’ Institute of Taiwan Studies, said the recent drill serves to warn the US and separati

www.hnslxxw.com.cn

We will rebuild this cathedral all together and it is un

tedly part of the French destiny and the project we will have for the coming years … a national subscription will be launched, and well beyon

d our borders we will appeal to the greatest talent, and there are many who will come to contribute and rebuild,” Macron said.

We will rebuild Notre Dame, because that’s what French people e

xpect, because it’s what our history deserves and because it’s our deep destiny,” he added.

Already, two of France’s wealthiest men have pledged large donations. Billionaire Francois-Henri Pinault, chairman and CEO of the Ke

ring group, which owns fashion brands including Gucci, Yves Saint Laurent and Balenciaga, pledged 100 m

illion euros ($113 million) toward rebuilding Notre Dame, Agence France-Presse reported.

Bernard Arnault, chief executive of the LVMH group, which owns fa

shion labels including Louis Vuitton and Bulgari, said he would donate 200 million euros.

Built in the 12th and 13th centuries, Notre Dame, which has rece

ived about 13 million visitors each year-more than the Eiffel Tower-is regard

ed as one of the finest examples of French Gothic architecture and sits at the heart of the nation’s history.

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Employees have been working according to the che

edule in some companies, including some well-known internet enterprises. Earlier this year, Youzan, an e-commerce compa

ny based in Hangzhou, Zhejiang province, triggered controversy by introducing the “996” schedule in its annua

l meeting. The move even prompted the labor authorities to conduct an investigation against Youzan.

Workers have been working overtime in many industries for yea

rs. But now, many programmers in internet companies are opposing the “996” schedu

le because the extra work does not come with any compensation or bonus. To reduce the labor cost, many high-tech and int

ernet companies are laying off workers. That means, there are fewer people left to shoulder the extra work. Tha

t’s a reason why the overloaded IT programmers have now burst out with complaints.

Alibaba chairman Jack Ma has said that only by working harder

and longer than others can an employee achieve success in life. He h

as also said that those who want to join Alibaba should be prepared to work for 12-hour work a day. This not only goe

s against the Labor Law but also violates the rights and interests of the employers, and could harm their health.

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JD Logistics responds to criticism over courier pay cuts

JD Logistic, the logistics arm of the Beijing-based tech heavyweight JD

.com, will cancel the basic salary for delivery staff , CEO and Chairman Liu Qiangdong said i

n response to arguments on the company’s salary adjustments in an internal email sent on Monday.

JD Logistics lost over 2.3 billion yuan ($342.9 million) in 2018, its 12th consecut

ive year to lose money. If the situation continues, Liu said, the company would only last for two more years.

If internal settlements are deducted, JD Logistics lost more than 2.8 billion yuan last year.

The main reasons for the loss are few external delivery orders and high internal costs, Liu said.

The company has only two choices, according to Liu: one, increase external delivery orders to promote external inco

me growth; the other, reduce staff members’ well-being to the level of other express companies.

Reducing fund ratios to average levels and canceling the basic salary a

ims to encourage couriers to get more external delivery orders and increase revenue.

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Underscoring the increasingly important role of railw

way in social and economic development, leaders from China and the CEECs voiced support fo

r moving forward practical cooperation in the development of the China-Eur

ope Land Sea Express Line and making use of European Union (EU)-Chin

a Connectivity Platform to promote development of intermodal freight transportation.

Taking note of the Three Seas Initiative, the participants to the leaders’ meeting expressed their welcome to port cooperat

ion between China and the CEECs, including the opportunities deriving from inland waterways and the interm

odal connections to further enhance the cargo transportation between Asia and Europe.

Leaders from China and the CEECs also expressed their willingness to explo

re the possibilities of establishing a China-CEEC Customs Information Center in Hungary and

their support for the holding of the 5th China-CEEC Transport Ministers’ Meeting in 2020 in Croatia.

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While this takes place, I would like to pay tribute to the

officers involved this morning who responded swiftly to this incident and put thems

elves in harm’s way, as they do every day, to keep the people of London safe,” Walker said.

The police said the incident was not related with terrorism.

According to media Sky News, police opened fire on a vehicle outside the Ukrainian emb

assy after the driver deliberately rammed into the official car of the country’s ambassador to Britain.

“The ambassador, Natalia Galibarenko, was not at the embassy at the time and no other staff were injured,” said the report of Sky News.

The 16th Chinese Bridge, an annual Chinese proficiency contest for school kids, college

students and adult learners of Chinese, was held at the University of Latvia Friday and Saturday.

This year’s competition, themed One World, One Family, gathered 64 contestants

in total in Latvia, including 14 in the adult group, 24 in the high school group and 24 in the primary school group.

The contestants were required to demonstrate their Chinese language skills by introducing themselves and m

aking speeches on various topics in Chinese, participate in a quiz on Chinese culture and perform in a talent show.

Each division, namely college students, high school students and

primary school students, has three groups of senior, intermediate and junior.

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