Terracotta Warriors begin tour of duty at Australian museum

Eight life-size Terracotta Warriors from China are among the works sho

wn as part of a rare exhibition being hosted by the National Gallery of Victoria in Melbourne.

The exhibition, Terracotta Warriors: Guardians of Immortality/Cai Guo-Qiang: The Transient Landscape, runs from May 24 to Oct 13.

It offers a new perspective on China’s traditional culture with more than 160 exhibits

on show, including the Qin emperor’s Terracotta Warriors, which were discovered in 1974 in China’s nor

thwestern Shaanxi province, and are widely described as one of the wonders of the world.

The exhibition features eight warriors and two life-size horses from the im

perial army, as well as two half-size replicas of bronze chariots, each drawn by four horses.

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Under the trade pressure, the world’s second-largest econo

onomy is accelerating restructuring reform and shifting from an export-dominated growth model to a more services-driven model, they added.

“The United States escalated trade tensions, but it cannot solve any problem. This causes volatility and sluggishness in global financial markets an

d hurts the global economy,” said Guo Shuqing, the People’s Bank of China’s Party secretary and also head of the China Banking and In

surance Regulatory Commission. His keynote speech was delivered by a commission spokesman at a forum on Saturday.

Impact on the Chinese economy will be very limited, said Guo. “Chinese fi

nancial markets, although they were excessively affected by trade tensions last year, are un

likely to be hit more dramatically going forward, as financial resilience is strengthening.”

The huge domestic consumer market in China will digest most of the un

salable exports, and many of China’s exports will also shift to other foreign markets. The US will con

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Trump must turn over financial records to House, judge rules

A federal judge in Washington ruled Monday against President Donald Trump in a financial records dispute with Congress.

US District Judge Amit Mehta, who was appointed by President Barack Obama, said T

rump cannot block a House subpoena of financial records. He sai

d the Democratic-led House committee seeking the information has said it belie

ves the documents would help lawmakers consider strengthening ethics and disclosure laws, among other things.

The committee’s reasons were “valid legislative purposes,” Mehta said, and it was not for hi

m “to question whether the Committee’s actions are truly motivated by political considerations.”

The decision comes amid a widespread effort by the White House and the preside

nt’s lawyers to refuse to cooperate with congressional requests for information and records.

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ese civilization greatly promotes progress of human civilization

China’s paper-making, gunpowder, printing, compass, calendar, philosophy and people-oriented view have exerted profound i

nfluence in the world and greatly promoted the development process of human civilization.

Chinese civilization is an open system formed during constant exchanges and mutual learning with other civilizations.

In the future, China will surely embrace the world with a more open p

osture and contribute more dynamic civilization achievements to the world.

Confidence of civilization urged

Asia should enhance confidence of civilization.

We should keep exchanges and mutual learning with other civilization

s in the world, and strive to continue writing new brilliant chapters of Asian civilizations.

We should consolidate the cultural foundation of jointly building Asian com

munity of shared future and a community with a shared future for humanity.

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Boosting rural areas will help solve dilemmas of ove

rcrowding and rampant construction plaguing cities, and the development of cities will also offer unique ways to bring about rural revitalization,” Chen said.

“As restrictions on hukou will gradually be removed, cities need to be well-prepared to offer

accommodation and employment opportunities, and allow children of migrant workers to have equal access to education,” Chen added.

China has made steady progress in urbanization, as the ranks of permanent urban r

esidents stood at 831 million at the end of 2018, up 17.9 million from the previous year, said the National Bureau of Statistics.

Last month, the National Development and Reform Commission said it

plans to increase the urbanization rate by at least 1 percentage point by the end of this year.

Shen Chi, vice-director of the China Center for Urban Development, said the government’s new

plan will help foster high-quality and sustainable economic development across the nation.

“Relaxing the hukou policy will be a key step in promoting the free flow of labor across

the nation,” Shen said. “A systematic consideration and arrangement of the integratio

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The volunteer team, having stayed in Lunar Palace

an environmentally contained research facility where occupants simulated l

ong-duration self-contained missions with no outside inputs for 200 days — broke the previous

record of 180 days set by researchers in Russia. The team recently won a China May Fourth Medal.

“President Xi has called upon young people to overcome hardships, and that is what our team has been doing,” Yi said.

Qiu Shuiping, Party secretary of Peking University, said the learning institution is pro

ud to be part of history. The university has chosen May 4 as the day to celebrate its founding.

“The choice of the date indicates our resolve to move forward along the path set by the movem

ent to realize national rejuvenation,” he said. “Our teachers and students will work harder to accelerate the

pace of building Peking University into a world-leading academic institution.”

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Provincial growth tops expectationsroducts at a mach

Figures show faster Q1 development, signaling a healthy start for industries

Most provinces in China achieved faster-than-expected growth in the first quarter of 2019, reflect

ing the resilience of the country’s sprawling industrial economy, the country’s top industry regulator said on Tuesday.

Huang Libin, a spokesman for the Ministry of Industry and Information Technology, said at a news conference that 22 p

rovinces’ industrial growth rates from January to March were higher than their targets for the whole year and driven

partly by central and local governments’ favorable policies to accelerate supply-side reform.

Industrial output in Zhejiang province grew 8.9 percent year-on-yea

r in the first quarter, compared with the 7.3 percent it recorded for all of 2018 and faster

than its 2019 target, Huang said, without specifying the province’s growth goal.

“We are in the critical stage of industrial upgrading and seeking high-quality development. The upb

eat readings will continue boosting market expectations and confidence,” he added.

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Fiscal spending can directly influence fixed-asset inves

tment, and it could also leverage on more bank lending and attract private funds to increase investment, said Xu.

In the meantime, allowing retail access to local government bonds will help diversify the

investor base and increase market liquidity, said Amanda Du, an analyst at Moody’s Investors Service.

The analyst expected access for retail investors to widen to encompass all local government bonds in 2020.

hina’s economy grew at a faster-than-expected 6.4 percent year-on-year in the first qua

rter, according to data released by the National Bureau of Statistics on Wednesday.

The growth was unchanged from that registered in the fourth quarter of last year.

The country’s industrial output posted steady growth in the same period, up by 6.5 percent

year-on-year, compared with 5.7 percent in the previous quarter, official data showed.

Fixed-asset investment growth was 6.3 percent in the first quarte

r, compared with 6.1 percent in the first two months, according to the NBS.

Retail sales increased by 8.3 percent year-on-year in the same pe

riod, compared with 8.2 percent in the first two months, the data showed.

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Hu said the administration also will promote anti-smug

ling and wildlife protection knowledge among the public, and it welcomes public supervision or reports of smuggling.

As social networks and online stores have become increasingly important tools for wildlife s

mugglers, the administration has beefed up its anti-smuggling work online this year.

Customs officials are working on cases involving another 100 tons

of endangered wildlife and wildlife products, of which about 300 kilograms are tusks and ivory products.

Last year, the administration purchased advanced screening and detection equipment to improve th

e efficiency of its anti-smuggling work, according to Wang Wei, director of the administration’s ports supervision department.

People caught entering China with endangered wildlife or wildlife

products worth less than 200,000 yuan ($29,800) face up to five years in prison. If such contr

band goods are worth more than 1 million yuan, the penalty upon conviction is a minimum of 10 years in prison.

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Shanghai aims to rev up car sales with trade-in subsidies

The city of Shanghai has become the first local government to answer the call of the central gove

rnment to promote automobile consumption by providing subsidies, since 10 mi

nistries and commissions of the country released six major methods of promoting car sales in January.

The official WeChat account of the Shanghai Municipal Government announced yesterday it will launch a car trade-i

n program, encouraging car owners to trade in their vehicles for new gas-powered cars complying with State-VI emi

ssions standards or new energy vehicles, according to a report by the 21st Century Business Herald.

The government will provide a subsidy of 10,000 yuan ($1,489) for a trade-in gas-powered

vehicle and 15,000 yuan for a trade-in new energy vehicle, the announcement said.

China’s automobile market saw a sales decline in 2018 for the first time

in 28 years, with passenger vehicle sales slumping for 10 consecutive months from last y

ear to March, according to the China Passenger Car Association. As the central government halved subsidies for new energy

vehicles this year, the promotion of car consumption depends more on local governments and enterprises.

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