e more overseas investors in. The cross-border trade and investment will be more free and convenient, said Pan.

He called China’s economy stable, as the major economic indicators were within a reasonable range.

In April, the National Bureau of Statistics said the purchasing ma

nagers’ index for the manufacturing sector stood at 50.1, indicating expansion as the reading was above 50.

The broad money supply, or M2, increased 8.5 percent year-on-year by the end of April, compared with 8.3 percent a year earlier.

“The prudential monetary policy was focused on countercyclical adjustments this year, maintaining flexibility as well as

ample liquidity to promote fast growth of credit and strengthened support of private and small enterprises,” Pan added.

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 A shares, in the final step as part of the November 2019 Semi-Annual Index Review, according to the report.

About 109 companies will be added and three removed from the MSCI China A Onshore Index, whic

h will take place as of the close of May 28, and the three largest additions to this index would be the

Wens Foodstuff Group A, Contemporary A and Shenzhen Mindray A, the MSCI said.

In addition, the MSCI China A Onshore Small Cap Index will see 503 stocks added and 49 cut, with most of the new addi

tions coming from newly eligible ChiNext stocks, according to an official statement of MSCI.

MSCI also updated the list of China A Mid Cap securities that may potentially be adde

d to the MSCI China and the MSCI Emerging Markets Indexes as part of the third step of th

wuxianzhongguo.cn

With 1,000 days to go before the 2022 Winter Olympics, pr

eparations are well underway for a successful and sustainable event.

Built for the 2008 Summer Games, Olympic Park in Beijing’s north

ern downtown area entered the spotlight again on Friday as the country began its cou

ntdown. The 2022 Winter Olympics, will be held in Beijing and co-host Zhangjiakou in adjacent Hebei province.

As the symbolic “1,000” flashed on a digital clock on the park’s Lin

glong Tower, a broadcasting facility for the 2008 Games, expectations were heig

htened for the winter sports extravaganza, which will run from Feb 4 to 20 in 2022. Three zones will feature athl

etic events — downtown Beijing, the city’s northwest Yanqing district and Zhangjiakou’s mountain district Chongli.

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 decade is likely to be driven by greater global financial sector integration,” said Alfred Schip

ke, the International Monetary Fund’s senior resident representative for China.

Chinese students are increasingly diversifying their choices of destinations for overseas stud

ies, with more students choosing to go to the United Kingdom, Australia and Canada, a new report showed.

In a multiple choice survey for the annual Report on Chinese Students’ Overseas Study, released

on Tuesday, while the United States remains the most popular destination for overseas study this year, pref

erred by 43 percent of the respondents, this was down by 8 percentage points compared with 2015.

US dominance looks uncertain as the number of students inclined to study in the UK r

ose sharply in 2019, accounting for 41 percent, up 9 percentage points compared with 2015.

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 past couple of years, and the country also constructed one of the biggest seaports in the Caspian Sea,” Hajiyev said, addi

ng all these are important pillars of the ancient Silk Road. Besides infrastructure construction such as transport

ation hubs, Azerbaijan is working on information communication technology lines to build a modern Silk Road.

The Baku-Tbilisi-Kars railway became operational on Oct 30, 2017, and aims to complete a tra

nsport corridor linking Azerbaijan to Turkey and Central Asia and China to Europe by rail. “It works as a majo

r exporter and middle corridor under the Belt and Road Initiative, and Azerbaijan is also working on the East-West l

ine and North-South Line, linking the railway systems of Iran and Russia.”Thanks to its geographic locatio

n, Azerbaijan boasts great wine as well as tea, dried fruit, fruit juice and sweets. The country has had extensive discus

sions about exporting Azerbaijan agricultural products to China, Hajiyev said, adding A

zerbaijani companies are actively taking part in food and agricultural exhibitions in China to promote t

heir products, as the Chinese market is the one of the biggest markets in the world with immense opportunities.

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The trouble that Boeing has encountered, albeit because of its own irresponsible practices tow

ard the safety of passengers and aircraft, has helped its main competitor Airbus to grab so

me orders to supply new aircraft. Airbus’ gain and Boeing’s loss in stock market since the Ethiopian Airlines plane crash on March 10 re

flects a duopoly market’s sentiment, and demand and supply relations. Yet it would be too farfetched, as well as in

humane, to say Boeing’s loss would benefit China, which lost eight of its nationals in the Ethiopian Airlines crash.

Nonetheless, the plane crash could help end the world’s obsession with

aerospace giants. Which in turn could indirectly benefit China-but decades later when its aer

ospace industry becomes mature enough to compete with Airbus and Boeing and grab a slice of the market fro

m them. Also, China should learn a lesson from the 737 Max crash to focus more on passengers’ safety.

What China should do now is to cultivate more talents who specialize in aviation and aircraft manufacturing, by deepe

ning its education reform. The road ahead is as bumpy as, maybe bumpier than, that for Boeing and Airbus given t

e US-led West’s increasing wariness with China and attempts to contain its peaceful rise.

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France cooperation has not changed, Xi said.

“The history of China-France cooperation shows that bilateral ties are not ‘a zero-sum game.’ The strong com

plementarities between the two economies will remain for a long time,” Xi said, adding that China’s sustained devel

opment and further opening-up will create a host of new opportunities as well as broader space for bilateral cooperation.

Xi called on the two countries to constantly explore new fields of cooperation, nurture new growth areas for cooper

ation, and speed up the implementation of the Belt and Road and third-party cooperation projects that have been agreed upon.

“China staands ready to strengthen strategic communication and coordination with France on major issues including the UN aff

airs, the reform of the World Trade Organization and climate change,” Xi said, adding that China always supports European inte

gration and hopes France can play a more active role in leading and promoting China-Europe relations.

Hailing his successful visit to China last year, Macron said that the two countries have been implementing the important con

sensus reached by him and Xi over the past year, strengthening cooperation on economy, trade, technology and culture.

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entered a new era of moderately slowing expansion and a transition to a high-quality grow

h model. That has pushed economists to reconsider some long-term issues, such as whether the economy wo

uld cool down sharply before a considerable rise in wealth, especially after a period of fast growth.

“The key method to ensure China’s role as a high-income cou

ntry is to adjust industrial structures and promote productivity,” said Zhu Min, an inf

luential Chinese economist and former deputy managing director at the International Monetary Fund.

High-tech manufacturing, the service industry and the digital economy will be the new engines

for the economy, while some traditional driving forces, such as injecting funds into the market, are losing momentum, Zhu said.

China’s total GDP exceeded 90 trillion yuan ($13.4 trillion) in 2018, and the per cap

ita GDP was about $9,700. Economists predict that if the country maintains growth of at least 6 percent th

is year, which is likely given the current momentum, its per capita GDP this year would surpass $10,000.

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  many victims were injured by the flying metal sheets from the roofs of some houses in the area.

  ”Flying sheets of metal decapitated people. People are very bad here, some are in hospital… we don’t have any help h

ere… it’s getting bad, we’re eating badly, we’re sleeping badly and we don’t have homes,” Rajino Paulino said.

  Layla George, another victim said she was sleeping on Thursday

night when the roof of her house was blown away by powerful winds caused by the cyclone.

  ”I was inside my house, I was sleeping and I had set the bed for my daughter to sle

ep underneath… suddenly the roof flew away. I had locked the door and I lost the keys. We started crying for help

but there was no help because it was the middle of the night and there was a lot of wind,” George told AFP.

  They said they have lost their houses and they have no place to stay.

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  William, Kate, Meghan and Harry attend at the Church of St Mary Magdalene on the Sandringham estate on December 25, 2018.

  ”It’s just clickbait,” a source close to both duchesses told CNN.

  The pressure to produce ever more dramatic headlines to drive traffic is intense, perhaps even more so when it comes to Meghan than when Kate Mi

ddleton entered the royal family. Back then, the running theme was how Kate came from working-class roots.

  So, is there any truth to the rift? The duchesses were in their 30s when they met, and already had their own esta

blished, close-knit groups of friends. And while the pair may not hang out together or call each other regularly, the so

urce tells CNN, they are friendly and they text one another — linked as they are by a common bond.

The alleged rift has also been cited as the reasons Meghan and Harry

are moving out of Kensington Palace and plan to establish their own office. But CNN’s sou

rce said this is more to do with Harry wanting greater independence, and William needing his own team in pre

paration for so-called “reign change,” when Charles will become King and William will step up as the Prince of Wales.

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