Month: April 2019

The development of winter sports will help meet th

diversified needs of sports fans, which is conducive to soci

al and economic development. Notably, the General Admi

nistration of Sport has issued a document emphasizing the importance of planning in the development of the winter

sports industry. For instance, some departments have made efforts to optimize their resources by building m

ore winter sports venues so they can encourage more people to take up winter sports.

The Beijing municipal government and Hebei provincial gov

ernment have worked out policies to encourage more scho

ol students to play winter sports, and take part in winter sports events on campuses.

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ledges at forum draw overseas experts’ praise

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

ket 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

Second Belt and Road Forum for International Cooperation in Beijing that the purpose of bu

ilding 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 Comm

erce 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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Chris Rowley, a visiting professor from Oxford Uni

University’s Kellogg College in England, called openin

g to more foreign investment a very important development.

“Of course this will expose both inward investors and indigenous organ

izations to some stark differences in management and doing business between them, which in tu

rn requires more globally effective leaders who are les

s ethnocentric and more culturally aware,” he said.

Sikhumbuzo Zondi, a research assistant at th

e Institute for Global Dialogue associated with

the University of South Africa, said another important aspect of Xi’s

opening address was the desire to invest more resources in scientific innovation and technology.

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hina sees the BRI as a method by wermanent c

hich it can make a substantial and permanent contributi

on to lasting peace, common security and global prosperity.

“While some Westerners may scoff at the impact they think the BRI may have on these is

sues, Xi genuinely sees the BRI as a global development project and will continue to wholeh

eartedly put China’s money, resources and energies into this project,” he said.e of these concerns is the

need for infrastructure projects to be more responsive to the local circumstances of BRI me

Chen Weihua in Brussels, Bo Leung in London,

Zhao Huanxin in Washington, Edith Mutethya in Nairobi and Chen Yingqun in Beijing contributed to this story.

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Beijing to enlarge collaborative outreachcorations are pre

Beijing’s municipal government has built bridges between Chinese co

mpanies and countries associated with the Belt and Roa

d Initiative in recent years and plans to enlarge its communication in more fields in the future.

Xiong Jiuling, head of Beijing’s Foreign Affairs Office, said the capital w

ill make greater efforts in nongovernmental exchange programs this year by enh

ancing cooperation in commerce, technology, culture, education and urban management with other nations.

“We will employ better arrangements and methods to coordinat

e different departments to realize our target without increasing government spending,” she said.

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Only in this way can the development be sustainable,

Zhonghao Overseas Construction Engineering Co, a Beijing-based private company established in 2001, has been drill

ing wells in countries involved in the Belt and Road Initiative, including in Algeria, Ghana, Kenya, Nigeria and Uganda.

Tian Chao, president of the company, said those projects have provid

ed jobs for local people, solved their water problems and helped balance foreign exchange.

“The projects are platforms for more influential good things that we can do for those countries,” he said.

The company said it has drilled about 10,000 wells in 275 projects in those countries, with a total c

ontract value of $510 million. The wells ensure that more than 20 million African people can drink clean water, Tian said.

At present, the company employs around 200 Chinese in Africa, with an average age of 30. The company has been inve

sting in projects that are beneficial to local communities in Africa, with the help of Beijing’s Foreign Affairs Office.

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A total of about $786 million was poured into the

project, 95 percent of it provided by China through preferential and b

uyers’ loans. China Export and Credit Insurance Corporation, a State-funded policy-oriented i

nsurance company, provided insurance services for the project, which helped the local government sacure $680 milli

on in business loans from Chinese banks, greatly reducing pressure on the project’s financing.

Mozambique’s President, Filipe Jacinto Nyusi, had long nursed ambitions of one day seeing a bridge lin

king Maputo city center and Katembe, and when it was finally opened in November he said it wou

ld greatly facilitate transport and connectivity between Mozambique and other parts of Africa.

Wang said the bridge will give great economic stimulus to Katembe, long underdeveloped because of its poor tran

sport access. It also eases demographic pressures on Maputo, a city with a population of 1.7 million.

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I think the Belt and Road Initiative is very good . Five

pillars of the initiative are important. The most and best (part) of it, I think, is connectiv

ity and inter-culture exchange, sustainable development agenda, and knowledge transfer.

China is the biggest market in the world. We have enough resources in our country. We want our p

roduct get access to the market and we also want to live in good infrastructure, such as roads, railw

ays, schools, hospitals. I also hope knowledge of China come to our country. We have sea access, and good infra

structure can help our country and neighboring countries get access to the Maritime Silk Road.

China has become the second-largest investor of our count

ry in the past 10 years. It’s investing infrastructure, mining

and agriculture. We have Confucius Institute, facilitate Chinese and Portuguese learning. The Belt and Road

Initiative helps Mozambique boost its industrialization, technology and finance.

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By now, China Railway Express (Chengdu) has linked

overseas cities and 14 Chinese cities. It has seven international railway ch

annels and five international rail-sea combined channels to further open up the city.

Six years ago, when the initiative was put forward, Chengdu opened the first direct freight railway to reach L

odz in Poland, bridging a gap to link to Europe. Through the logistics channel, the products and servic

es from Chengdu were exported to meet the demands of countries and regions involved in the initiative. It beca

me an important platform for Chinese companies to go global and for foreign capital to be introduced.

For example, China Railway Express-Skyworth Express, with 41 full containers of televisio

ns and accessories, left Chengdu International Railway Port to reach Europe in March.

The express provided a more convenient channel for Shenzhen-ba

sed television manufacturer Skyworth Group to enter overseas markets.

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Thanks to Chengdu’s geographical advantages with

regard to the Belt and Road Initiative, local companies have linked to global markets more frequently. Companies that

used to lack the confidence to go global began taking the step. Companies that have had export business for years upg

raded their product structure and expanded their business to production capacity cooperation and technological export.

Chengdu Xinzhu Road and Bridge Machinery is a prime ex

ample. The company was founded as an infrastructure company, and its business has exp

anded to include new energy and railway traffic. In September 2018, the company’s production base at the China-Bela

rus Industrial Park in Minsk was launched to produce super capacitors used in buses. They’re the first high-tech manu

facturer to begin operation in the park. Before that, the company mainly exported parts used in roads and bridges’ construction.

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