March 2019

hina aims to reduce cost of logisticsna aims to reduce

 logistics costs by nearly 121 billion yuan ($17.8 billion) this year, the Ministry of Transport an

nounced on Thursday at a news conference of the State Council Information Office.

Spokesman Wu Chungeng said the ministry will unveil a st

ring of measures not only to cut costs but to promote innovative development of the industry.

China will continue to increase railway freight volume, upgrade its

water transportation system, regulate highway freight transport and speed up mul

timodal transport in a bid to improve its logistics network and optimize its structure, Wu said.

It will also further integrate important ports and harbors into the inland multimodal transport and logistics netw

ork, which will connect them with more railways and highways and enable improved cargo interoperability, he said.

The country will also expand the use of pilot programs to deepe

n reform of the administrative law enforcement system in the logistics industry to improve i

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Cities emerging into new post-Brexit financial centers

The United Kingdom’s decision to leave the European Union has led major

financial companies in London to move assets and staff to continental Europe, mea

ning the post-Brexit landscape is likely to be far more “polycentric” than it is today

and far less centered on one location.

According to a recent report by think tank The New Financial, more than 40 companies have shifted staff or oper

ations to more than one financial center within the EU, with 100 choosing the

Irish capital as a post-Brexit location, whi

ch was the most popular choice ahead of Luxembourg, with 60, Paris with 41, Frankfurt with 40, and Amsterdam with 32.

William Wright, principal author of the

New Financial Brexitometer report, said: “One of the most strikin

g findings of our analysis is the extent to which Europe will become a much more

‘multipolar’ world as a result of Brexit.”

Companies are migrating to, or expanding in, multiple financial centers, with man

y either establishing a dedicated division for EU business or spreading their staff

more evenly throughout the EU.

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Europe alone is not what makes London the number one cen

ter for foreign exchange, for example. We clear more dollars than New York, and are the largest center for RMB trading outside greate

r China. London is strong and international,” she said. “The long-term fundamentals of London and the UK still remain strong.”

Alex De Ruyter, director of the Centre for Brexit Studies at Birmingham City University, echoed the

view of McGuinness, saying: “Whilst I think Brexit has clearly had a significant impact, it must be remembered that Lon

don is a global financial center and the majority of assets held by the financial services sector are outside of th

e EU, with the US, China, and other emerging economies particularly important markets.

“The 800 billion pounds figure only comprises about 10 percent of the estim

ated total assets of the UK banking sector,” he said. “So, the total volume of business affected has been relatively small.”

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n a rainy day, Gao Ziren accompanied the girl home and

comforted her when she was frightened by thunder. Gao has also used his mobile phone to help the girl talk with her parents. Gradually, her performance improved.

“I have taught many students since being a teacher for so many years. Some students wo

uld like to visit during the holidays, and it feels good that someone remembers you,” Gao Ziren said.

“When rural children lack family education, schools and teachers need to do more in psych

ological education,” said Li Wu, a principal of Meiling Central School. He said rural areas need more teachers like Gao Ziren.

Growing the traditional herb on trunks of oak trees has lifted more than a thousand people out of poverty

It is still early spring in southwestern China’s Guizhou province, but the forest in Zhegui

village is already filled with vitality: oak trunks covered with orchid-like stalks, with branches swaying in the breeze.

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As the premises Wang operated were within the prote

e protection zone, which lies within 15 meters of the shoreline, they were demolished, and she

will be compensated by local authorities. However, Wang said she does not believe the money can make up for her losses.

She has debts of 3 million yuan – mostly borrowed from relatives and friends. She said she regretted moving to Dali to pursue an idyllic life.

While some are not happy that they moved, others are glad they made the transition from big-city life.

Yang Yi, 48, who operates a restaurant in Dali’s ancient walled city, arrived eight years ago fr

om Chongqing after falling in love with the city on a visit. He bought a house and settled down.

“I have traveled to a lot of places, both at home and abroad, but I was overwhelmed by the natur

al beauty of Dali, a place that can calm you. I feel this city is the most pleasant one I have been to, and it is where my heart is now,” Yang said.

For decades, many tourists have fallen in love with Dali’s beautiful weather, stunning mountains, lakeside scenery and vibrant ethnic culture.

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The city has abundant sunshine and a mild climate all year

 round. Tourists can explore the old town, hike amid the clouds, cycle around the lake and enjoy bustling street festivals.

Before he settled in Dali, Yang worked for a bank in Chongqing, his

hometown. After moving, he started a business selling hand-made traditional costumes of the loc

al Bai people, one of the ethnic groups in China. Many people from the group live in communities in Dali.

A year after he arrived, Yang opened his small restaurant, which

serves spicy Chongqing cuisine. He has developed a close relationship with his customers.

“I cook the food on my own for my customers, most of whom

are tourists. When I serve them, I often sit and chat with them and listen to their stories,” he said.

“In my spare time, I go with friends to climb Mount Cangshan, or cycle around Erhai Lak

e alone. This is exactly the life that I want to live – having no pressure, but inner peace and freedom.”

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Rapid tests on water samples collected on Friday found the

water of three rivers inside the park was polluted by volatile organic compounds – chloroform, methylene chloride, dichloroeth

ane and toluene. But no volatile organic compounds were detected in the waters of the three rivers outside the park.

The polluted water bodies of the three rivers had been cordoned off and so far no po

llution was detected in waters outside of the park, according to rescue headquarters.

The Ministry of Ecology and Environment also require

d special attention for possible rainfall and its impact on handling the aftermath of the blast.

Wei Zheng, a worker with the environmental monitoring station of Funing county, who was sent to Xiangshui county

for assistance, said that he got water samples from inside the park and the nearby Guanhe River every three hours for analysis.

“We analyze the chemical remains in the water, including aniline, nitrobenzene and VOC. Environmen

tal protection workers have established eight water monitoring stations inside and near the chemical park,” Wei said.

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Given the pressure of the slowing global economy, a high

degree of leveraging maintains the top risk for China’s economy, thus

measures should continue to reduce the debt-to-GDP ratio “in proper order”, said Lou Jiwei, ch

airman of the National Council for Social Security Fund and a former finance minister.

It is necessary to build a long-term and efficient mechanism for financial regulati

on and fiscal supervision, and to prevent potential risks in the property sector, Lou said.

The three-day China Development Forum has a guest list of more tha

n 150 international delegates, including global industry leaders.A new round of high-level

economic and trade consultations, headed by United States Trade Representative Robert Lighthizer on the US

side, will kick off on March 28 in Beijing, the White House confirmed on Saturday.

“At the direction of President Donald J. Trump, United States Trade Representative

Robert Lighthizer and Secretary of the Treasury Steven Mnuchin will travel to Beijing, China, for prin

cipal-level meetings starting on March 28, 2019, to continue negotiations aimed at improving the trade rel

ationship between the United States and China,” the White House Press Secretary said in a statement.

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Thai voters cast ballots in first general election since 2014 coup

BANGKOK – Thai voters flock to polling stations across the c

ountry on Sunday for the country’s first general election since the 2014 coup.

Eligible voters have been lining up at polling station since 6:00 am local time. Prime Min

ister Prayut Chan-o-cha cast his ballot at a station in Bangkok at about 8:30 am local time.

The prime minister asked voters to use their rights properly to bring about unity and better development of the country.

High ranking government officials and leaders of political parties also showed up at polling stations in the morning.

Deputy Prime Minister Prawit Wongsuwan reiterated that security of the coun

try is the top priority of the government, ruling out political unrest during election.

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In unusual but true stories this week, we have a surreal an

s creator, a spineless hedgehog recovering by massages, a performer transforming unusual items into musical instrume

nts, a restaurant beneath waters opening in Norway, and creating realistic masks replicating your pets’ faces.

All the odd and interesting anecdotes from around the world are her

e in our review.This one-of-a-kind graphy performance project has seen an artist alt

er ego create a series of surreal and wild self-portraits – where everyday objects are stuck all over his face.

The absurd works of David Henry Nobody Jr. feature face attachments ranging

from ice creams and toothbrushes to hamburger meat and even pictures of Donald Trump.

Not stopping with those additions, David Nobody – the creation of artis

t David Henry Brown Jr. – has even included peanut butter and jelly sandwiches and plastic toys i

n his face shots. To date, David estimates he has taken around 700 self-portraits in this style since starting the project in 2014.

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