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Mired in Brexit deadlock and forced to delay Britain’s M

 March 29 exit from the EU, May’s Conservatives suffered major losses in local election

s this month and are trailing in opinion polls before May 23 European Parliament elections.

With Labour and Brexit-supporting rebels in the Conservatives p

lanning to vote against her deal, it is unlikely to be approved as things stand.

Pro-Brexit Conservative lawmakers were unimpressed with May’s failure to set a firm date to quit. One, who declined to be na

med, described it as “yet further procrastination which is causing appalling damage to the Conservative Party.”

Another, Andrew Bridgen, said May was “an increasingly beleaguered and isolated prim

e minister who is desperate to salvage something from her premiership and is prepared to drive thro

ugh an agreement that would fatally hamstring any future prime minister in negotiations with the EU.”

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Opening up of film market leads to vibrancy

the 22nd film of Marvel Cinematic Universe, has made more than $2 billion globally wit

h over $576 million, nearly a third of the total, being contributed by the Chinese market.

The percentage of Hollywood films contributing to China’s box office has witnessed a gradual decline in recent years

thanks to the rise of successful Chinese films including The Wandering Earth and Dying to Survive.

Due to its explosive growth in third-and fourth-tier cities, the Chinese movie market is certainly poised to become the larg

est in the world in the not too distant future. Last year, China’s total box office exceeded 60 billion yuan ($8.9 billion), gra

dually closing the gap with the United States whose box office was about $11.6 billion. China has become such a form

idable force in the global film industry that international film producers cannot afford to overlook it.

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Govt plans slew of policies to boost consumption

A slew of new policies aimed at encouraging consumption

in key sectors will be unveiled soon, China Securities Journal reported.

China’s retail sales of consumer goods rose 8.3 pe

rcent year-on-year to 9.78 trillion yuan ($1.46 trillion) in the January-M

arch period, according to the National Bureau of Statistics (NBS). In March alone, retail sales went up 8.7 pe

rcent to 3.17 trillion yuan, quickening from the 8.2-percent rise seen in the first two months.

In recent years, the government has, on the one hand, frequently intro

duced policies to promote opening-up, increase import and improve consumer welfare. On

the other hand, it has reduced and scrapped import tariffs on some consumer goo

ds. This has played an active role in consumption, Lian Ping, chief economist at Bank of Comm

unication said, adding that consumption still is the key driver for economic growth.

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A PLA Navy carrier battle group sails in formation. en active in

The Chinese People’s Liberation Army Navy has been active in pr

oviding security products for the international community since its founding, Qiu said.

The navy has paid over 100 visits to 94 countries and 138 ports, and has held more th

an 60 joint military drills with foreign navies over the 70 years, according to Qiu.

Since 2008, the navy has sent 32 escort fleets, 103 vessels, 69 helicopters and more than 27,000 officers and soldiers to escor

t over 6,600 vessels, more than a half of which were foreign merchant ships, he added.

Since 2010, the naval hospital ship Peace Ark has traveled to 43 countries and regions and provided free medical servi

ces to over 230,000 people, Qiu said.Under the current IPO system, new shares are subject to approval from t

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Thanks to the extension of the subsidiary policy of new e

energy vehicles (NEV), sales of NEVs reached 111,000 in March, up 100.9 percent year-o

n-year, with NEV wholesales accounting for 254,000 units in the first quarter.

CPCA predicts a 40 percent increase in NEV sales to 1.7 million

units in 2019, based on these first quarter figures.

As China began to cut manufacturing sector VAT from 16 to 13 percent on April 1, som

e imported and high-end vehicle brands lowered prices to boost sales nationwide.

As the industrial chain of domestic-made goods are comparatively longer than that of imports howe

ver, most domestic manufacturers have not lowered prices for goods, including automobiles.

“Consumers should not expect too much on price cuts of automo

biles, but choose vehicles based on demand and affordability,” CPCA said.

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I am a beneficiary of organ donation, and know cle

learly what it feels like to be a patient in need of transplant surgery and eagerly waiting for an

organ, since such organs are scarce,” he said. “I want to do the same to save others.”

With the number of registered organ donors increasing rapidly in China, it is expected that more patients with terminal illn

ess in need of organ transplants will be fortunate, like Zhao, and not have to wait very long.

By the end of February, the number of registered organ donors in China exceeded 1.05 mill

ion, compared with 1,087 in 2010, the year China began to pilot organ donations, according to the Chin

a Organ Donation Administrative Center. More than 64,000 organs have been donated since then, the center added.

The turning point came in 2015, when China banned the use of organs harvested from executed prisoners, which

made voluntary donations the only legitimate source of organs. Since then, the number of organ donations and the num

ber of organ donors have continued to increase rapidly, according to data from health authorities.

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be slashed to 13 percent; the rate in the transportation

 construction, and other industries will be lowered from 10 to 9 percent, while the lowest bracket rate will remain unchanged at 6 percent.

In order to reduce tax burdens for all industries, the government also adopted supporting

measures, such as increased tax deductions for producer and consumer services.

Gao Peiyong, vice-president of the Chinese Academy of Social Sciences, told China Securities Journal that VAT reduction

will trigger a domino effect through deduction mechanism, ultimately benefiting economic and social development.

The first day of rate reduction saw industries involved in oil,

electricity, natural gas, iPhones and automobiles all cutting their price.

According to data compiled by Chinanews, the maximum retail prices of gasoline and diesel fell 225 ($33.49) and 200 yuan

per ton, respectively; railway sector dropped or canceled some freight fees, expecting to give up 6 billion yuan to enterprises.

Prices for iPhone XS and iPhone XS Max declined as much as 500 yuan,

and iPhone XR, iPhone 8 and iPhone 7 also had their price fall by 300 yuan.

hmijw.cn

The government gave itself the option of bringing May’s dea

back to parliament on Friday, although speaker John Bercow repeated his warning that he

would not allow a third vote unless the motion had changed substantially since its last defeat.

May, who voted to remain in the EU in the 2016 referendum, had already promised to step down before the next election, due in 2022.

Her deal, defeated in parliament by 149 votes on March 12 and by 230 votes on Jan 15, mea

ns Britain would leave the EU single market and customs union as well as EU political bodies.

But it requires some EU rules to apply unless ways can be found in the future to ensure no bor

der posts need to be rebuilt between British-ruled Northern Ireland and EU member Ireland.

Many Conservative rebels and the DUP object to this “Irish backstop”, saying it risks binding Britain to the EU for years.

To succeed, May needs at least 75 lawmakers to come over to her side.

After the ERG met, a spokesman said: “There is no way enough votes are

zhoujianhe.cn

He also repeated the untruth that he predicted the result

  when he flew into his Turnberry golf course in 2016. In fact, Trump arrived on the west coast of Scotland hours after the result of the referendum was announced.

  Whether the President knows he’s lying, or has convinced himself of the truth of his alternative reality, is unclear. But

his continued use of a discredited fact is a core element of his political technique.

  Trump also put Varadkar on the spot — asking him to comment on Brexit, threatening to expose their differences on the issue.

  Then Trump interrupted Varadkar, who watched with a bemus

ed look as the President savaged the EU alongside one of its national leaders.

  ”The European Union treats us very, very unfairly,” Trump s

aid, in a screed that included another characteristic political device — a flagrant threat.

yuyingleyou.com.cn

What are entrepreneurs saying at the two sessions essions, Chi

Ma, a deputy to the 13th NPC, on Sunday suggested building a development bank and university for the Guangdong-Hong Kong-Macao Greater Bay Area.

He raised the idea that a Greater Bay Area development bank, possibly focusing on fin

tech, would encourage the development and further industrialization of cities in the area.

“(With such convenience), we hope that more foreig

n capital can be attracted to invest in technology and innovative industries,” Ma said.

He also suggested building a Greater Bay Area university with the aim of nurturing high-end talent to dr

ive the region’s future development.CPPCC National Committee member Li said on Sunday, bef

ore the opening of the second session of the 13th CPPCC National Committee, that while China’s demographic ad

vantage in the internet sector has slipped, technologies in many industries have greatly improved.

Li submitted proposals related to artificial intelligence (AI) for the fifth consecutive year, with his three su

ggestions focusing on intelligent transportation, electronic medical records and AI ethics.

“There are definitely bubbles, which might not be small, in the field of AI, but I believe it is normal,” Li said.

He suggested the State should further strengthen its guidance, establish a mechanism for data sharing and uti

lization, and encourage all localities to explore and build intelligent transportation solutions.

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