March 2019

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

pristinefood.org

ation and safety officials Daniel Elwell, Robert

US senators sharply questioned regulatory officials on Wedne

sday about the Federal Aviation Administration’s reliance on Boeing Co’s engineers to cert

ify the safety of the company’s new 737 Max 8 aircraft, which was involved in two fatal crashes in the past five months.

A self-certification procedure called Organization Designation Authorization came under scr

utiny at a hearing of the Senate Commerce Committee’s aviation subcommittee in Washington. Testifying wer

e Daniel Elwell, acting FAA administrator; Robert Sumwalt, chairman of the National Transportation Saf

ety Board; and Calvin Scovel III, Transportation Department inspector general.

For decades, the FAA has delegated some authority for certifying new aircraft to the manufacturers, reducing government costs.

After the crashes of Lion Air in Indonesia in October and Ethiop

ian Airlines this month, which killed a total of 346 passengers and crew members, critics have ci

ted the self-certification process as evidence of an overly cozy relationship between the FAA and the industry.

www.ozsnl.cn

He said the European equivalent of the US agency deleg

gates more authority to a manufacturer’s employees when certifying the safety of Airbus.

Elwell said the FAA conducts strict oversight of all manufacturers.

Senator Ed Markey demanded a “yes” or “no” answer from Elwell on whether two safety options that airlines could decline to bu

y should have been mandatory on the Max aircraft. Elwell declined to answer with a single word.

Some airlines chose to purchase the “angle of attack” system display for readi

ngs of two sensors and a “disagree light” to be activated if the sensors produce conflictin

g readings while others did not. Ethiopian Airlines and Lion Air reportedly declined to buy the two add-on safety devices.

Scovel, inspector general of the Transportation Departme

nt, said his office plans to revise its oversight of aircraft development by July.

www.huawaii.cn

Over the years, FAA has increasingly shifted toward wor

king with industry to meet shared safety goals,” he said. “FAA now delegates more of its aircr

aft certification to approved manufacturers through its congressionally authorized Organization Desig

nation Authorization program or ODA. However, my office has identified weaknesses with FAA oversight of ODA.”

Senators questioned the safety of Boeing’s anti-stall system, called the Maneuvering Characteristics Augmentation System.

The system was installed because Max jets have bigger engines mounted closer to the nose of the plane than older Boeing 737s, changing the plane’s aerodynamics.

If the nose rises, threatening a stall, the MACS system automatically points the nose of the plane down to gain speed. The sys

tem can be shut off by flipping a switch on the throttle console between the pilot and co-pilot.

The “angle of attack” sensor built into the Max aircraft measures the amount of lift generat

ed by the wings. The device warns pilots when there is too little lift, potentially stalling the plane

huawaii.cn

isit shows EU seeks deeper cooperationuropean Commiss

Editor’s Note: President Xi Jinping visited Italy, Monaco and F

rance from March 21 to 26. Why is the visit important for China-European Union rela

tions? Two experts share their views on the issue with China Daily’s Pan Yixuan. Excerpts follow:

Visit sets positive tones for China-EU relations

Xi’s visit to the three European countries has yielded substantial fruits of cooperation, the most significant being the

signing of a memorandum of understanding between China and Italy paving the way for Italy to participate in th

e China-proposed Belt and Road Initiative to promote mutual development.

The cooperation deals in fields such as trade and infrastructure that Italy has signed with

China will help the Italian government to boost the country’s economic recovery. For instance, the exp

ort of Sicily’s red oranges to China by air will be a small but important step toward boosting bilateral trade.

www.7893391.cn

Li, who inspired the boom after winning Asia’s first major

 title at the 2011 French Open, warned that increased funding and exposure for the sport does not guarantee Grand Slam champions will follow.

“After the US Open (in August), players don’t need to travel overseas with tournam

ents held at home one after another,” said Li, who is an ambassador for her hometown Wuhan Open in Hubei province.

“However, for the younger players nowadays they are likely to squander the opportuni

ties that we had to fight hard to earn, because everything comes easier and more frequently.

“They have to focus on the game itself rather than the exposure or expectations off

the court to really improve one event at a time and benefit from the momentum.”

When Li turned pro in 1999 China had only two entry-level tournam

ents. Now the Women’s Tennis Association calendar features nine Chinese tourn

aments, including the premier mandatory China Open in Beijing and year-end WTA Finals in Shenzhen.

aaart.org.cn

Detailed analysis of the fragment indicated that the

 bird’s reproductive system was not behaving normally. The eggshell consists of two layers instea

d of one as in normal, healthy bird eggs, indicating the egg was retained too long inside the abdomen, Bailleul said.

This condition occurs in living birds as a result of stress. Unlaid eggs may be coated with a second laye

r, or sometimes more, of shell. This abnormality has also been documented in sauropod dinosaurs, and in fossil and living turtles.

In addition, the eggshell was extremely thin, thinner than a sheet of paper, and did not have the proportions of a healthy egg, Bailleul said.

hina’s civil aviation regulator has temporarily stopped issuing airworthine

ss certificates for Boeing 737 Max 8s because of safety concerns, a move an expert said will bring huge economic losses to Boeing.

Two Boeing 737 MAX 8s have crashed in the last five months. All 157 pa

ssengers and crew members of a 737 MAX 8 operated by Ethiopian Airlines died on Mar 10, includi

ng eight Chinese nationals. In October, the same model of plane, operated by Lion Air, went down over the Java Sea, killing 189.

www.7893515.cn

Following his visits to Spain and Portugal in late 2018, Xi

came to Europe again in his first overseas trip this year, manifesting the great importance China attaches to Europe, Wang said.

In a world of unprecedented transformations, Xi noted that a stable, strategic and reciprocal China-EU relationship is urgently needed.

Wang said during his visit, Xi had in-depth communication with the European leaders to discuss cooperation in internation

al issues and reached important consensus of adhering to multilateralism, and discarding isolationism and unilateral moves.

He also said Xi and the European leaders agreed to enhance coordination and cooperation wit

hin the UN system, give full play to the constructive role of global and regional multilateral mechanisms s

uch as the World Trade Organization, the International Monetary Fund, the World Bank, and Group of 20 and the EU, and

actively contribute to solving international conflicts, combating climate change and promoting sustainable development.

In his keynote speech at the global governance forum, Xi raised “four deficits” in global affairs including governance deficit, tru

st deficit, peace deficit and development deficit. To address these deficits, he proposed a four-pronged approach of fairness and reas

onableness, consultation and understanding, joint efforts and mutual assistance and mutual benefit and win-win results.

www.shlf15.com

The Belt and Road Initiative is set to promote cooper

globally — not for China only, Asian Infrastructure Investment Bank President Jin Liqun said on Wednesday.

Jin made the remarks in response to questions over whether the BRI only involves C

hinese projects prior to the Boao Forum for Asia, which will officially begin on Thursday.

“It was a misunderstanding,” Jin said, adding any country or investor can do a BRI project

anywhere, so long as it promotes global and regional economic cooperation, peace and development.

“The so called ‘China strategy’ is simply to promote global cooperation,” he added.

Joint efforts essential to fight global warming: China Daily editorial

Record low temperatures in winter and record high temperatures in summer in many parts of the

world year after year and more frequent natural disasters caused by extreme weather events prov

ide strong evidence that global warming is not just an alarmist theory as some claim.

Yet striking a balance between the effective control of human activities that are contr

ibuting to climate change and economic growth is proving a hard nut for countries to crack.

shlftv.com

After 10 years of development, China’s new energy veh

cles are starting to gain momentum in the private market. With the overall vehicle market remaini

ng flat, sales of new energy vehicles last year reached 1.25 million, up 61.7 percent year-on-year, and

the figure is expected to reach 1.6 million this year according to the China Association of Automobile Manufacturers.

China plans to stop subsidies on new energy cars by the end of 2020. To ensure a smooth transi

tion, the government decides to achieve this goal by enacting policy in several phases. This year’s subs

idy standard was slashed 50 percent on average from 2018, Xinhua reported, citing a person with knowledge of the matter.

The source said the proportion cut is basically consistent with falling ratios of general cost for co

mplete vehicles, while pointing out with the rapid expansion of the NEV industry some enterprises tend

ed to become reliant on long-standing subsidies, leading to weak competitiveness.

The statement also asked local governments to remove subsidies on purchases o

f new energy cars after a three-month grace period starting Tuesday. Instead, more funds will be used

to build infrastructure, including charging and hydrogen refueling facilities, and to facilitate relevant services.

shlfat.com