The reform and opening-up policies are exactly the ki

inds of market-driven reforms needed to make this happen. The Chinese government is investing heavily in resear

ch and development, but it should be noted that the R&D spending as a percentage of GDP is still lower than that of the US.

Nobody likes competition against themselves. So, it must be admitted that China’s transition to a high-tech, high-

value-added economy will come as a shock to many companies around the world. The US economy, which has about 7

percent of GDP in high-tech manufacturing, will be lightly affected by this change.

On the other hand, advanced manufacturing contributes around 20 percent of GDP in Sout

h Korea, Japan, Germany and a few smaller European countries. They will be much more directly affected.

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Hospital head removed after 5 infants diern Medical Univers

Investigators criticize lax management, failure to control enterovirus outbreak

Liu Ruilin, Party secretary and president of Shunde Hospital of Southern Medical University, has been

removed from his positions after five babies died and 14 fell ill during an enterovirus outbreak at the hospital.

The five newborns who died had other underlying diseases, such as pneumonia, before c

ontracting the virus, according to a statement from the Guangdong Health Commission on Saturday.

Thirteen of the sick babies have been discharged from the hospital, w

hile the other one continues to be treated and is in a stable condition, the commission said.

An investigation determined that the case became serious because

of the combination of the intestinal virus with lax hospital management.

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Chinese couples should get one thing right: the educa

ation, health and safety of their children are very important, but so is their conjugal relationsh

ip. And they should realize that by leaving their children to enjoy some spare time on their own eve

ryday, they will help them develop into better human beings with abundant life skills.

Luo Huilan, a professor of women’s studies at China Women’s University

Teach children how to be a good person

People tend to get anxious when they are not certain about facing or handl

ing a situation. For example, a person won’t feel nervous if he or she knows in adv

ance the exact procedure to be followed and the time needed to catch a train from a specific station.

Chinese moms usually shoulder the main responsibility for their kids’ education an

d face criticism when their kids don’t succeed in their endeavor. Their anxiousness,

chinacctm.cn

Local media showed through YouTube image

 of opposition leader Juan Guaido outside the aviation military base La Carlota, located in Altamira in the east of Caracas.

He called on civilians and military to act against the government and urged Maduro to step down.

Venezuela’s Communication and Information Minister Jorge Rodriguez said on Tues

day that the government is deactivating a small group of soldiers who attempted a coup d’etat.

“At the moment we are facing and deactivating a small group of traitor military

personnel who positioned themselves in the Altamira to attempt a coup d’etat,” Rodriguez said.

“The FANB (National Bolivarian Armed Forces) stand firm in defense of the National C

onstitution and its legitimate authorities,” said Defense Minister Vladimir Padrino Lopez in his Twitter account.

riuy8.cn

Analysts guessing over central bank’s next move

Debates on whether the central bank needs to further ease monetary policy or not are continuing amo

ng analysts, with their emphasis on guessing the next liquidity injection through reducing banks’ reserved deposits.

Supporters of monetary easing expect that another cut in the re

serve requirement ratio (RRR) may come no later than this week, as a liquidity shorta

ge may occur after commercial banks pay back 366.5 billion yuan ($54.65 billion) to the central bank on Wedn

esday. That amount of interbank lending was conducted previously under the medium-term lending facilities (MLF) scheme.

Opponents, however, contend that the current liquidity is sufficient, and any further ea

sing will fuel inflation risks, especially as Chinese economy has started its upcycle.

The central bank’s monetary policy committee held the first quarter’s regular meeting on Friday.

The members achieved a consensus to continue the counter-cyclical measures and stren

gthen coordination between monetary and fiscal policies. Policy fine-tuning should be at the proper time, to prev

ent risks with the priority of stabilizing growth, according to a statement after the meeting.

renrencanzheng.org

Urgency rises for tackling hazardous wastesipate after

The deadly blast at a chemical plant in Jiangsu province last month that left 78 dead clearly hig

hlights the urgent need to properly handle hazardous waste management in the country.

As central authorities tighten management by revising laws and issuing detailed

policies to support hazardous waste treatment, experts are calling for mandating

that facilities to process such waste be built in all chemical industry parks nationwide.

The explosion occurred on March 21 in Xiangshui county, Yanch

eng, at a Jiangsu Tianjiayi Chemical Co Ltd plant. The accident also injured more than 600.

The State Council, China’s Cabinet, set up an investigation

group and the probe into the cause of the blast is ongoing.

Multiple sources have suggested that the casual handling of hazard

ous chemical waste produced by the company could be a cause of the deadly blast.

China Chemical Industry News reported that the blast originated at

the company’s hazardous waste storage facility, citing a source close to the investigation group.

cdyyfq.cn

In 2016, the number of newly registered organ

donors exceeded 104,000 – more than three times the number for 2015, according to the center.

Last year, 6,302 people donated organs after death in China, an increase of 22 percent compared with 2017. About 20,200 tr

ansplant surgeries were completed last year, an increase of 21 percent compared with 2017, ranking the seco

nd in the world after the United States, according to the National Health Commission.

On average, 6.8 of every 1 million people donated organs after death or while alive for their relatives in Ch

ina last year, a record high, according to the China National Organ Donation and Transplantation Committee.

Guo Yanhong, deputy chief for medical administration and supervision at the National Hea

lth Commission, said that with an increasing number of organ transplant surgeries performed, Chinese phys

icians are also making progress in organ transplant technologies, and a number of world-class centers in trans

plant surgeries, covering major organs such as livers, kidneys, hearts and lungs, have been established in China.

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Meanwhile, automakers’ recommended retail priwas

 on a decreasing streak. Imported models of Ford Motor (China) abated as much as 34,000 yuan, compared with Volkswagen Multivan’s highest cut of

13,300 yuan and some models of FAW Toyota’s 11,000 yuan, said Chinanews. As China International Capital Corporation Lim

ited analyzed, automobile, real estate and medicine industries will enjoy the largest scale of tax reduction; and the bigge

st rise in net profit as a result of tax cuts will go to coal, food and beverage, electricity industries.

Nur Bekri, former head of the National Energy Administration, has been arrested

for taking bribes, said the Supreme People’s Procuratorate on Tuesday, Xinhua reported.

Nur Bekri, also former deputy head of the National Development and

Reform Commission, was investigated by the Communist Party of China Central Com

mission for Discipline Inspection and the National Supervisory Commission.

The former chairman of the Xinjiang regional governm

ent was named new head of the National Energy Administration on Dec 31, 2014.

www.jvuau.cn

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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Our moves to cut tax on this occasion aim at an accommo

dative effect to strengthen the basis for sustained growth while also considering the need to ensu

re fiscal sustainability. It is a major decision taken at the macro policy level in support of the efforts to en

sure stable economic growth, employment, and structural adjustments,” Li said in the report.

Value-added tax-a major type of corporate tax der

ived from the sale of goods and services-reductions will benefit most of the companies, said Yang We

iyong, an associate professor at the Beijing-based University of International Business and Economics.

“The VAT reductions can effectively lighten the tax burden of en

terprises, thereby increasing the investment by ent

erprises, boosting demand and improving the economic structure,” Yang added.

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