screenshot of the “father sharing” mini programher” is also

While some netizens praised the story, others felt cheated for the home decoration advertisement afte

r the video. Jiang Luxian, a lawyer from Chengdu, Sichuan province, said the advertisement probably violates relevant provisions of the A

dvertising Law, and the creativity of “sharing father” is also improper for public order and traditions.

Oppein, the creator behind the promotion, however, said on social media that

it hoped everyone would pay attention to the lack of father figures, and return to the family for love.

“Everything can be shared in this era, apart from family love,” the company said.

China’s foreign direct investment climbed 6.4 percent year-on-year to 305.24 billio

n yuan ($44.38 billion) in the first four months, the Ministry of Commerce said Thursday.

Meanwhile, investment from South Korea, the United States and Germany in Chin

a grew 114.1 percent, 24.3 percent and 101.1 percent year-on-year, respectively.

In April alone, FDI amounted to 62.95 billion yuan, up 6.3 percent year-on-year.

qiuLuhuang.cn

Henrik Slotte, a senior disaster management expert fro

m the UN Environment Program, said poorly managed infrastructure projects can damage the ecosystem.

He said it is key for scientists to communicate with government officials to create better planning and new solut

ions, and more interdisciplinary research into natural disasters and risk management is also helpful.

Guanxi, compadrazgo and bapakism. Three words from China, the Philip

pines and Indonesia that encapsulate the same values of the vast continent through the ag

es-a shared belief in the importance of the family and the community over the individual.

These values, rooted on Asia’s culture and history and centered on consens

us, social harmony, stability and discipline, are more important and relevant than ever i

n the face of challenges-such as protectionism and terrorism-confronting the world today.

www.changhaisheng.cn

The Information Technology Industry Council also w

arned against further raising tariffs. “Increasing tariffs will only continue to harm America

n consumers and businesses of all sizes and across all sectors, as well as threat en American econ

omic growth and leadership in innovation,” said Naomi Wilson, the council’s senior director of policy for Asia.

US chemical manufacturers also called for sensible trade policy solutions.

Cal Dooley, president and CEO of the American Chemistry Council, said on Monday he believed t

he risks of continuing to use tariffs as a negotiating tactic with China are simply too high, and potential benefits remain unclear.

Several organizations, including Tariffs Hurt the Heartland — the national campaign compose

d of more than 150 of the largest US trade organizations in retail, technology, manufacturing and agric

ulture — have in recent days highlighted the negative impact of tariff increases on the US economy and job market.

www.exstorm.org

China’s foreign direct investment up 6.5% in Q1

China’s foreign direct investment (FDI) totaled 242.28 billion yuan in the first quarter of t

his year, up 6.5 percent year-on-year, the Ministry of Commerce said Thursday.

FDI in China from non-financial sectors reached $35.8 billio

n in the first three months, up 3.7 percent year-on-year.

Investment from South Korea, the United States and Germany in China m

eanwhile increased 79.6 percent, 71.3 percent and 86.1 percent year-on-year, respectively.

Foreign capital flowing to the country’s high-tech manufacturing s

ector surged 14.8 percent year-on-year to 25.97 billion yuan during the same period.

March’s FDI amounted to 95.17 billion yuan, up eight percent year-on-year.

www.9463296.org.cn

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.

shuyin-edu.cn

China has set a goal of making itself a developed count

ntry in the forest sector by the middle of this century in a guideline on promoting the greening of the homeland issued in November. The count

ry also aims to increase its percentage of forest cover from 21.7 percent in 2018 to about 23 percent in 2020, and 26 percent in 2035.

China’s digital trade is expected to lead global trade development, with the economic value of di

gital trade-enabled productivity benefits to the Chinese economy estimated to reach 37 trillion yu

an ($5.5 trillion) by 2030,according to a report on how China can capture digital trade opportunities at home and abroad.

Digital trade has become increasingly important; there are a lot of definitions of digital trade going on, with

the most common one being e-commerce, including monetary transactions and exchanges of goods and services, said re

search project head Konstantin Matthies, noting the report studies digital trade with a much broader approach.

“Digital trade” refers to the production, distribution, marketing, sale or delivery of goods and servi

ces – domestically and abroad – supported by cross-border digital flows. This consists of trade in digi

tally enabled products and services and cross-border data flows that create economic value in the domestic economy, acc

ording to the report jointly released by the Center for China and Globalization as well as the Hinrich Foundation.

nqmqgh.cn

What really matters is what the initiative is all about and

 how the cooperation it has been bringing about can benefit those countries and regions involved and the world economy at large.

Being proposed by China, it is natural that China should have taken the lead in advancing the

Belt and Road, but it has always sought to make clear that the initiative is open and inclusive.

With more countries and international organizations getting involved, the initiative will undoubted

ly become a bigger and more diversified platform with increasing opportunities for multilateral cooperation.

Those who continue to speak ill of it, rather than presenting an obst

acle to it, actually do it a service by highlighting its possible shortcomings and the diffi

culties it may encounter ahead, which will better help the participants address them.

www.12xe6.cn

Currently, all special purpose local government bonds are

domestically rated “AAA”, the safest level. The sale to individual investors is mainly of project-link

ed special-purpose bonds, a type of local government bond vigorously promoted by the government in re

cent years. The cash flows generated from the underlying projects will be used as the primary repayment sources.

In China, there are two types of local government bonds: general bonds and special purpose bonds. According to the country’s 2019 budget repor

t, which was approved by the top legislature earlier this month, the budgeted deficit for local governments is 930 billion yuan, up 100 billi

on yuan compared with 2018, and this fund gap will be supplemented by general bonds.

In the meantime, 2.15 trillion yuan of special purpose bonds will be issued to support la

rge infrastructure projects, such as shantytown renovation projects and railways, said the ministry.

Letting individual buyers invest in local government bonds is a way to narrow the government’s financin

g gap, said Hu Yijian, a tax professor at Shanghai University of Finance and Economics. The gap is expected to expand, as policym

akers decided to cut about 2 trillion yuan in taxes and fees this year while at the same time increase spending on investment.

qiuLuhuang.cn

Residents in Beira, the city worst-hit by the disaster told A

  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.

shlf18.com

Nebraska has experienced historic flooding and extreme weat

  Nebraska rescue teams have been pulling trapped residents out of flood waters since Thursday.

  James Wilke, a Columbus farmer, got a call to assist a stranger, and never came home. Acco

rding to CNN affiliate KMTV, a close family friend posted on social media about his last moments.

  ”It is no surprise to anyone that knew James that when he got the phone call to assist eme

rgency responders … his answers would be yes,” Jodi L. Hefti wrote on Facebook.

  ”With the guidance of emergency responders, James drove his tractor over the Shell Cree

k bridge on the Monestary Road and the bridge gave out. James and the tractor went down into the flood water below.”

  CNN affiliates KOLN and KGIN reported the Nebraska Emergency Management Agenc

y confirmed a flood-related fatality in Platte County. The mayor of Columbus also told the affiliate sta

tions that person was a farmer on a tractor out to rescue someone from the flood waters.

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