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The eastern area and central China region are accele

rating the push for economic upgrading, which offers strong impetus for the growth. Despite the pressure, we still can see gr

owth momentum,” Zhang said during a macroeconomic seminar earlier this month in Beijing.

“Recently, the government has introduced a series of su

pportive policies which will gradually help grow the real economy,” Zhang added.

NDRC said a further 3.24 million new urban jobs were added in t

he first quarter, with surveyed unemployment ra

te remaining at a comparatively low level of 5.2 percent in March. And consu

mer prices registered a moderate rise of 1.8 percent in the first three months of this year.

A basic equilibrium in the balance of payments was maintai

ned, and China’s foreign exchange reserves exceeded $3 trillion, Yuan added.

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The bond pricing mechanism will be further improv

Under a pilot scheme, the first group of six provinces and cities sold 6.8 billion yuan in bonds

at commercial bank counters to individual buyers between March 22 and early April.

The coupon rates are between 3.01 percent and 3.33 percent, higher than treasury b

onds issued by the central government as well as bank deposits with the same maturity.

Gross local bond issuances hit 1.18 trillion yuan in the first qua

rter, compared with only 219.5 billion yuan in the same period last year.

The total quota for 2019 local government bond issuances is 3.08 trillion yuan, according to the Ministry of Finance.

“About 60 percent of the bonds were issued for ongoing construction, especially

for shantytown renovation projects, railways and roads,” said Hao Lei, head of the ministry’s Budget Department.

While debt financing continues to grow, the government is experiencing sharp declin

es in fiscal revenue growth, especially from tax and land sales, official data showed.

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From January to March, government tax income inc

creased by 5.4 percent year-on-year, 11.9 percentage points lower than that in the first quarter 2018.

Individual income tax decreased by 29.7 percent, the largest drop among three major tax item

s. Value-added tax growth has already slowed to 10.7 percent, down from 20.1 percent a year earlier.

Local government income from land sales fell 9.5 percent in the first three months, the Ministry of Finance said.

As the central bank has taken a pause in monetary easing, fiscal policy should remain pro

active to stabilize economic growth and ensure the recent rebound is not just a seasonal fluke, said economists.

Xu Xianchun, a former deputy director at the National Bureau of Statist

ics, said that fiscal policy should be implemented “with proper intensity and at the right time”, t

o prevent large fluctuations in the investment growth rate and negative impact on economic stability.

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In early April, the US increased military interactions

with the island by officially acknowledging that military personnel have been posted in the Taipei office of the American Institute in Taiwan since 2005.

US weapons manufacturer Raytheon was also granted a $9 million contract to upgrade Taiwan’s Patriot missile defense system.

Senior Colonel Liang Fang, a professor at PLA National Defense Universit

y, said the recent drill will test and enhance the PLA’s joint operating capabilities.

“It will increase the PLA’s ability to protect national sovereignty, and warn thos

e who are trying to undermine it to abandon their illusions,” she said. “Similar drills

will be more common in the future, with increasingly sophisticated equipment and training methods.”

Xiu Chunping, a researcher at the Chinese Academy of Social

Sciences’ Institute of Taiwan Studies, said the recent drill serves to warn the US and separati

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Chinese people are deeply sad about the fire, just as th

He said he believes that with the efforts of the French people and supp

ort from the international community, Notre Dame will be repaired and regain its glory.

The fire broke out around 6:30 pm on the roof of the cathedral, which was covered in scaffoldi

ng. The blaze spread quickly and destroyed the wooden interior before causing the spire to collapse.

It took more than 400 firefighters over 12 ho

urs to put out the fire, and the main structure and two bell towers remained standing.

The cause of the fire is still unknown, though officials said it could be linked to renovation work. Investigators were eag

er to question the workmen in an effort to determine the cause of the fire, according to media reports.

Visiting the scene of the fire in Paris, Macron vowed an immediat

e fundraising effort to rebuild the landmark, calling for international contributions.

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We will rebuild this cathedral all together and it is un

tedly part of the French destiny and the project we will have for the coming years … a national subscription will be launched, and well beyon

d our borders we will appeal to the greatest talent, and there are many who will come to contribute and rebuild,” Macron said.

We will rebuild Notre Dame, because that’s what French people e

xpect, because it’s what our history deserves and because it’s our deep destiny,” he added.

Already, two of France’s wealthiest men have pledged large donations. Billionaire Francois-Henri Pinault, chairman and CEO of the Ke

ring group, which owns fashion brands including Gucci, Yves Saint Laurent and Balenciaga, pledged 100 m

illion euros ($113 million) toward rebuilding Notre Dame, Agence France-Presse reported.

Bernard Arnault, chief executive of the LVMH group, which owns fa

shion labels including Louis Vuitton and Bulgari, said he would donate 200 million euros.

Built in the 12th and 13th centuries, Notre Dame, which has rece

ived about 13 million visitors each year-more than the Eiffel Tower-is regard

ed as one of the finest examples of French Gothic architecture and sits at the heart of the nation’s history.

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The monkeys implanted with human genes developed bett

better short-term memory and faster reaction times compared with the control group, acco

rding findings published March 27 in the China-based journal National Science Review.

The study also found that transgenic monkeys’ brains took longer to develop, in a similar fashion to humans.

The experiment has divided the scientific community however, with a number of Western scientists criticizing it as uneth

ical, while some went as far to suggest, perhaps ironically, that it could lead to a Planet of the Apes-type scenario.

The Kunming Institute of Zoology told China Daily in a statement that the experiment was ethically approved in 2010.

In 2015 the animal rights committee of Kunming Biomed International, a research organiza

tion specializing in nonhuman primates, also declared the animals were being treated humanely in every

step of the experiment, in accordance with domestic and international regulations, the statement said.

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Employees have been working according to the che

edule in some companies, including some well-known internet enterprises. Earlier this year, Youzan, an e-commerce compa

ny based in Hangzhou, Zhejiang province, triggered controversy by introducing the “996” schedule in its annua

l meeting. The move even prompted the labor authorities to conduct an investigation against Youzan.

Workers have been working overtime in many industries for yea

rs. But now, many programmers in internet companies are opposing the “996” schedu

le because the extra work does not come with any compensation or bonus. To reduce the labor cost, many high-tech and int

ernet companies are laying off workers. That means, there are fewer people left to shoulder the extra work. Tha

t’s a reason why the overloaded IT programmers have now burst out with complaints.

Alibaba chairman Jack Ma has said that only by working harder

and longer than others can an employee achieve success in life. He h

as also said that those who want to join Alibaba should be prepared to work for 12-hour work a day. This not only goe

s against the Labor Law but also violates the rights and interests of the employers, and could harm their health.

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But despite being forced to work overtime without ge

tting due remuneration, very few employees use the Labor Law to defend their rights, because it is not easy for them to seek legal redress for their grievan

ces. For example, workers spend a lot of time and money to furnish effective proof that they were asked to work a

nd indeed worked overtime. By so doing, they could even lose their job – as employers could sack them for poor performance.

Interesti2365zuchewangcn-/ngly, Liu Qiangdong, founder and CEO of JD.com, used his WeC

hat account to say he now follows a “8116+8” schedule (8 am to 11 pm, six days a week, and 8

hours on Sunday, with only two days off a month), arder when he started his company. Had

he not followed the schedule, JD.com might not have survived the fierce competition from other internet companies.

Although Liu said he would not force his employees to work accordin

g to the “996″ schedule, he would want them to work as hard as he did during the initial years of JD.com.

It is therefore important that standards to calculate workload per da

y should be set and quantified, and supervision over the exploitation of labor made s

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The company will not cancel social insurance and housi

sing funds for the sake of cost-cutting, Liu said, adding some staff made 80,000 yuan a

month in pilot areas for the new salary regime in southern China’s second and third-tier cities.

Earlier this year, rumors spread that China’s e-commerce giant would can

cel couriers’ basic salary and reduce welfare. The company confirmed the salary adjus

tment plan via its official Sina Weibo account on April 7, saying as the number of orders from individual clients incre

ases, the company is looking to adopt an incentive plan to reward outstanding employees.

JD will reduce its delivery staff members’ salaries by adopting a commis

sion-based payment scheme starting in June and low

er contributions to employees’ housing funds from 12 to 7 percent, Sina Finance reported.

An anonymous courier with JD Logistics said the task of getting more external delivery

orders under the new salary system would be hard to accomplish, and the new policy will reduce their salary, th

e report alleged, though the courier did not indicate an exact amount for the reduction.

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