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Sichuan-Tibet Railway to see high-speed trains at 200 kmh

he Sichuan-Tibet Railway, the second railway line linking the Tibet autonomous region to other parts of China, will opera

te high-speed trains with a designed running speed of 200 kilometers per hour, thecover.cn reported.

China Railway Eryuan Engineering Group Co Ltd, which is designing the line, revealed a draft plan on Wednesday that tra

ins on the whole Sichuan-Tibet line will travel with a designated speed of 200 km/h, with some segments limited to 160 km/h.

The 1,600-kilometer-long line under construction is designed to start from Chengdu, pass through Ya’an and Kan

gding, then enter Tibet via Qamdo and end at Lhasa. The 140-kilometer Chengdu-Ya’an high-speed railway, whic

h serves part of the Sichuan-Tibet Railway, started operation last year with a maximum speed of 200 km/h.

www.funhorsy.com

While early-stage Uber investors such as Benchmark, Men

 Ventures, First Round Capital and Lowercase Capital made a killing in the IPO, some late-stage backers did not fare as well.

Japan’s SoftBank Group Corp <9984.T >, for example, invested in Uber in early 2018 at $48.

77 per share. It also bought shares at a much lower price in a large secondary transaction.

To be sure, other IPOs have traded well so far in 2019, including online scrapbook company Pinterest Inc, vegan burger

maker Beyond Meat Inc and video-conferencing startup Zoom Video Communications Inc. But these were mu

ch smaller startups than Uber that did not execute as many frothy fundraising rounds.

Uber Chief Executive Dara Khosrowshahi, who was on the NYSE trading floor to mark the debut, tried to cal

m investors by pointing to the company’s growth prospects and expansion plans.

www.zhongqianxue.cn

In the 1980s, the share of the US in the world econ

omy was more than 20 percent; in the past four decades, it has steadily

declined to 15 percent. At the same time, China’s share (in purchasing powe

r parity terms) has soared from 5 percent to about 20 percent. While the PPP indicators inflate the

pace of progress, the trend lines do herald a coming structural shift in the world economy.

China can foster the share of developing nations

In the future, the well-being of the advanced economies will de

pend on the rising living standards in less-wealthy nati

ons. And just as US leadership supported the role of the advanced countries in the 20th century world, Ch

ina has the potential to foster the share of emerging and developing countries in the 21st century.

In particular, the China-proposed Belt and Road Initiative can redirect domestic overcapacity and ca

pital for regional infrastructure development to improve trade and relations with Southeast and So

uth Asia, Central Asia, the Middle East and Europe-even across the Americas and Sub-Saharan Africa.

zaddw.cn

In the years since, the country has continued to maint

tain a breakneck pace of economic development, which has brought booming economic prosperity.

Unfortunately, it has also brought a deteriorating environment. Seeing heavy smog, for ex

ample, many people feel that a worsening environment will destroy the happiness brought by economic growth.

Since 2012, the new leadership under President Xi Jinping has put forward a series of ecol

ogical ideas. On Sunday, Xi said at the opening ceremony of the exhibition that “green mountains and cle

ar waters are indeed mountains of gold and silver, and environmental improvement means great productivity”.

This idea, dubbed the theory of two mountains, enjoys immense popular support in China.

Xi, who is also general secretary of the Central Committee of the Communist Party o

f China, urged officials at all levels never to sacrifice the environment for economic growth.

www.iglhlg.cn

It is welcome news to hear that the National People’s

Congress has already taken steps to lay the groundwork” for implementing the new Fo

reign Investment Law, said Gupta, who brought up the possibility of China establishing “an ombudsperson’s desk” in

related government agencies to address foreign businesses’ legal concerns.

Gupta said China’s Foreign Investment Law could be a model for others looking to liberalize their foreign investment regi

mes, as China’s BRI is already delivering capital and know-how to other developing countries.

Overholt said that China’s past opening-up has been “extremely positive” gl

obally, and the BRI is a “very positive” vision that is good for China and the world.

“The key will be the implementation,” he said. “If the implementation is improved, it would be good for everyone.”

jvuau.cn

Ruwan Wijewardene, Sri Lankan state defense min

nister, said on Tuesday that Islamic extremists staged the attacks in

Sri Lanka in retaliation to the shootings in two New Zealand mosques in March that claimed 50 lives.

And the blasts lay bare several threats confronting the whole world. First

of all, the reflux of IS terrorists formerly active in Iraq and Syria to countries that have not su

ffered large-scale serial terrorist strikes in a while poses a serious threat to their people’s safety.

Sri Lanka had enjoyed relative peace after the Liberation Tige

rs of Tamil Eelam, a militant organization demandin

g a separate homeland for Tamils in northeastern Sri Lanka, was defeated in 2009.

Governments have been keeping a close watch on the small nu

mber of people that have returned to their countries after atten

ding IS training camps. Yet the lack of coordination mechanisms among countries seemin

gly helps the terrorists evade surveillance and collude with extremist forces outside their countries.

ashkk.com

Economic structure was further improved during the sa

me period. The value-added high-tech sector’s out

put rose by 7.8 percent, higher than the country’s value-added industrial output.

In the first quarter, the NDRC approved 50 fixed asset investment projects, mainly in th

e fields of energy, transportation and high-tech. The total investment hit 370.3 billion yuan ($55.3 billion).

The NDRC reportedly is considering a slew of new measure to boost spending on automob

iles, home appliances and consumer electronics products. People close to the NDRC said it has sent a draft plan to

encourage consumption in the three sectors, according to a report in the National Business Daily.

The news caused shares of home appliance companies traded in Shanghai and Shenzhen to increase

by 1.47 percent on Thursday, according to Shanghai-based information provider Wind Info.

funhorsy.com

Leaders would assess the situation again when they me

et for a regular summit on June 20-21. Britain could have left by then if May succeeds in bu

ilding a coalition for her deal with the Labour opposition — though there is no sign of agreement yet.

n order to continue as an EU member beyond June, May has agreed to organize British elections to

the European Parliament, though it is still unclear if that vote will go ahead and how far it might t

urn into a virtual second referendum on EU membership that some hope could mean Britain cancelling Brexit.

The other 27 had all but ruled out pitching Britain, and parts of the EU economy, into

chaos on Friday. But a drive by Macron to keep London on a tight leash saw the emergency summit bogged d

own in late-night wrangling as German Chancellor Angela Merkel and others argued the merits of a longer lag.

As at a summit last month, which put back Brexit for two weeks, several EU diplomats said May failed to persuade her peer

s that she could definitely break the paralysis of repeated failures to ratify the treaty within the coming months.

weishow.com.cn

It handed over 124 tons of hazardous waste in late 2012 to

 two local farmers who simply buried it and caused severe environmental degra

dation, according to a local court verdict reached in January of 2017. The company w

as fined 1 million yuan ($148,850), and two senior executives were given suspended jail terms.

In July 2017, a local environmental watchdog fined the company 280,000 yuan for va

rious violations including misconduct in hazardous waste management.

Hazardous waste could potentially be radioactive, toxic, highly corrosive or otherwise ha

rmful to people and the environment. Therefore, these materials require special treatment.

At a news conference in late March, Qiu Qiwen, head of the sol

id waste and chemicals management department of the Mini

stry of Ecology and Environment, said that the proper treatment of hazardous waste and other solid

waste is of great significance as it’s fundamental to improving air, water and soil quality.

Qiu’s department was newly established in the ministry’s latest institutional reshuffle in the second h

alf of last year — a move meant to strengthen governance over hazardous waste treatment.

meilita.cn

More European countries expected to follow its lead as h

With Italy becoming the first of the Group of Seven industrialized nations to

sign on to the Belt and Road Initiative during President

Xi Jinping’s state visit to the country, the China-proposed connectivity plan might gain more participants, observers said.

Xi and Italian Prime Minister Giuseppe Conte witnessed the signing of the intergovernmental me

morandum of understanding on joint construction of the Belt and Road after they held talks in Rome on Saturday.

The two sides realize the huge potential of the BRI in promoting connectivity, and stand ready to strengthen the alignment of th

e BRI and the European Union’s Trans-European Transport Networks and deepen cooperation in ports, logistics, mar

ine transportation and other areas, according to a joint communique issued by the two countries.

During his talks with Conte, Xi said China’s and Italy’s historical status as nati

ons at either end of the ancient Silk Road made it natural for them to cooperate on building the Belt and Road

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