Liu’s article was published in Qiushi Journal, a flagship m

magazine of the Communist Party of China Central Committee. He said more efforts a

re needed to implement the proactive fiscal policy and boost efficiency this year.

Preventing and defusing local governments’ hidden debt risks is key to controlling major risks, he said.

Innovative financial tools will be introduced for debt swaps, and the indebted comp

anies will be allowed to choose the same way, under guidance from the local governments, Liu Shangxi, hea

d of the Chinese Academy of Fiscal Sciences, the Ministry of Finance’s think tank, told China Daily.

“The total amount of hidden debt waiting to be swapped has not yet been calculated, as this

round of debt swaps will not involve the government’s administrative orders, but depends on the ma

rket’s appetite based on the evaluation of the potential default risks and the companies’ solvency,” he said.

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Perhaps most notably, the growth rate of women workers wa

s higher than men in new media operators and data analysts among the five professions, illustrating that burgeoning career opportunities and skill requ

irements are presenting an unprecedented advantage for women. That’s a change from the past, when women

normally had more household duties, especially in the era of universal two-child policy, he said.

Lu also said that the number of people engaged in human-centered job positions was growing faster than other rules.

“It implied that jobs requiring insights into people’s preferences and habits, such a

s marketing and human resources, are irreplaceable by machine intelligence so far,” Lu said.

A survey jointly conducted by research firm Trustdata and LinkedIn in April found career starters w

ere establishing their career goals earlier than past generations, exhibiting a stronger self-driven momentum.

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The danger here lies in the fact that excessively low

growth targets, based on excessively low estimates of potential growth, lead to lower actual growth. Fo

r an economy the size of China’s, a difference of even 1 percentage point has a huge impact on welfare.

Many economists would counter that a conservative growth target is useful-or even necessary-to create space for struct

ural adjustment. But this claim is unconvincing. Reducing China’s excessive reliance on investment in real es

tate-one of the economy’s most serious structural problems-does not necessarily require a reduction in FAI gro

wth, let alone GDP growth. Nor is slower GDP growth a prerequisite for improving financial stability.

China must pursue as high a growth rate as possible

In my view, because no one is sure what exactly China’s potential growth rate is, the best strategy is to try to achieve as high a g

rowth rate as possible, so long as it doesn’t worsen inflation and hinder structural adjustment.

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As an important power promoting human developm

ent and progress, international communicators should further play up their special role in advancing unders

tanding, deepening friendship and expanding cooperation in the fast-changing world. They should push world pro

gress in the right historical direction while promoting exchanges among civilizations and mutual learning.

First, we should act as promoters of exchanges among human civilizations. The mutual depende

nce, exchanges and learning of different civilizations give shape to the abundant and colorful world tod

ay. As the UNESCO Universal Declaration on Cultural Diversity points out, cultural diversity “is the common herit

age of humanity”. The diversity of human civilizations is a basic characteristic of the world, as well as a so

urce of the progress of humanity. In turbulent international situations, to maintain world peace, development and pr

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m are becoming increasingly fierce. We must

 adamantly safeguard the contemporary international order that was foun

ded by the UN and that brought about more than 70 years of general peace and rapid de

velopment after World War II. We must oppose a Cold War mentality and competitive rivalry, which go against the ti

de. We must firmly promote economic globalization, and prompt it to develop in a more inclusive, mutually beneficial, equ

itable and rational direction so as to realize a common prosperity and progress of humanity.

Third, we should be disseminators of Chinese civilization. Many pundits in the contemporary world think that China’s trad

itional culture contains important answers to resolving difficult problems of today’s world. A nation’s most profound spiritual

pursuits are deposited in its culture. China’s development path is rooted in its civilization and traditions.

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Pledges at forum draw overseas experts’ praise

The international community has hailed President Xi Jinping’s call on Friday to ease market

access for foreign capital and increase imports so that opening-up reaches a higher level.

Xi said in his keynote speech at the opening ceremony of the S

econd Belt and Road Forum for International Cooperation in Beijing that the purpose of buil

ding the Belt and Road is to achieve win-win cooperation and common development.

China will increase its imports of goods and services and will further lower its tariff rates, Xi said.

Francis Chua, chairman emeritus of the Philippine Chamber of Commer

ce and Industry, noted Xi’s emphasis on quality imports and state-of-the-art products.

“China will keep its commitments,” said Chua, who was attending the forum as a member of the Philippine business delegation.

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As President Xi has said, the initiative originated from

China, but it belongs to the world. China has put forward the idea of boosting global development vi

a infrastructure connectivity, and is working zealously to translate it into reality. This is based on wha

t the country learned from its own rags-to-riches story, its own experience of the benefits of free trade and inte

rnational cooperation, and on its understanding of the role a responsible major country must play.

The forum’s growing list of distinguished guests is credible testimo

ny that more and more countries appreciate the initiative‘s win-win nature and long-term pote

ntial. With 126 countries and 29 international organizations signing cooperation agreements with China und

er the Belt and Road framework, and the Asian Infrastructure Investment Bank now boasting 97 members, it is m

ore appropriate to call the initiative a global development mechanism than a Chinese one.

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The museum has some 50 firefighters on duty around

he clock, a fire engine, over 160 hydrants, thousand of extinguishers, and fire walls, officials said last year.

But not all relics have such rigid supervision. A joint comprehensive survey was started in Septemb

er by the administration and the Ministry of Emergency Management. It found that 33 major institutions still don‘t meet stan

dards, and the State Council issued a notice on Wednesday that they were to receive the highest-level supervision.

On Tuesday, the administration urged local governments to immediately launch evaluations of potential hazards.

The new lawsuit against Liu Qiangdong, the billionaire founder and CEO of Chinese e-commerce giant JD, and his compan

y filed by a University of Minnesota student might further shake investors’ confidence, and tarnish the image

and reputation of the company, amid tougher competition from rivals such as Alibaba and Pinduoduo.

The Chinese student from University of Minnesota, who claimed she was raped last August by Liu, filed a c

ivil lawsuit against him in Minneapolis on Tuesday, four months after prosecutors decided not to pursue a criminal case.

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May asks for Brexit extension to June 30; EU could of

British Prime Minister Theresa May wrote to Brussels on Friday asking for a delay of Brexit until up to June 30, while saying she

aims to get Britain out of the EU earlier to avoid it participating in European elections.

But Donald Tusk, who chairs EU summits, has proposed a longer Brexit postpone

ment of one year for Britain‘s feuding politicians to agree and ratify a plan, EU officials said.

Any such extension would still require unanimous approval of the other 27 EU countrie

s and some, notably France, suggested they wanted a better justification from London for its request.

Britain is now due to leave the EU in a week, but May has been forced to seek mo

re time after Britain’s parliament repeatedly rejected her withdrawal agreement.

Her Conservative Party is deeply divided, as is the main opposition Labou

r Party, leading to a bewildering marathon of inconclusive votes in parliament that stretch

ed Britain’s centuries-old unwritten constitution to its limits. Scenarios running the gamut from aba

ndoning the EU abruptly with no deal to cancelling Brexit altogether have all gone down to defeat.

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Researchers have unearthed a trove of well-preserved

fossils representing more than 50 previously undescribed animal species dating back 518 million years.

The soft tissues of their bodies, including muscles, organs, eyes and mouths are still visible in some

of the 4,351 fossils discovered in Yichang, Hubei province, according to a new study published in the journ

al Science on Friday. The excavated fossils represent 109 species, including known jelly fish, arthropods and algae.

Fu Dongjing, associate professor at Northwest University in Xi’an, Shaanxi, also the first author of the paper, said the research g

roup started exploring the ancient ruins in the summer of 2007, in Changyang Tujia autonomous county. It was lo

cated on the bank of Qingjiang River where a representative insect from the Cambrian period was first found.

The new trove of fossils called the Qingjiang biota-the living organisms of a region-ha

ve the potential to greatly inform the understanding of early animal evolution, according to the study.

About 542 million years ago, life on earth diversified at an extremely rapid pace, known as t

he Cambrian explosion. Almost all present animal categories appeared at that time. Many creatures wen

t extinct in the process of evolution, but others became the initial form of future organisms.

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