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refore, giving rural children a good education is an important task in poverty relief, and
also a crucial means to stop poverty from being passed on between generations,” he said.
“The poor regions are the bottleneck in building a moderately prosperous society by 2020,” Xi wrote.
While talking with students and teachers at a primary school in Zhongyi, a towns
hip in Chongqing’s Shizhu Tujia autonomous county, in April, Xi
said compulsory education is an important part of poverty eradication.
Children in impoverished mountainous regions must be guaranteed access to education, an
d they should have a happy childhood, Xi said during his visit to Chongqing. He encouraged teachers to sett
le down in such regions, dedicate themselves to education in rural areas and contribute to poverty reduction.
going reform measures have made its financial market increasingly appealing to overse
as investors,” the administration said on Monday in a statement on its website.
“The administration will continue to support the opening-up of financ
ial markets, meet demand from overseas investors to expand investment in the ma
rkets and attract global long-term capital to enter China’s financial markets,” it said.
Given the stable performance of the yuan and expectations of balanced capital flows, China’s fore
ign exchange reserves remained stable in April, reaching $3.095 trillion by the end of last month, co
mpared with $3.099 trillion by March, according to data released by the administration on Tuesday.
China is willing to see the accelerated development of the onshore capital market, said analysts, allowing direct fi
nancing to play a more significant role in allocating savings and investment, and better serve the economy.
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.
tween China and economies related to the Belt and Road Initiative ex
ceeded $130 billion between 2013 and 2018, injecting new growth momentum into BRI-rela
ted countries and contributing to recovery of the global economy, senior Chinese officials said on Monday.
China’s direct investment in BRI-related countries grew by 5.2 percent a
nnually on average to surpass $90 billion between 2013 and 2018, Song Lihong, an officia
l in the Ministry of Commerce’s Comprehensive Department, said at a news conference.
Song said that in the same period, China had received a total of
$40 billion in inbound investment from BRI countries as two-way investment deepened.
Within the five years, the value of the projects completed
by Chinese companies in BRI economies amounted to $400 billion, Song said.
The value of trade in goods between China and BRI-related economies exceeded $6 trillion in the same period, an av
rage annual growth of 4 percent, higher than the overall growth of China’s foreign trade, he added.