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The two countries should make further contributions t

 to promoting a new type of international relationship and building a community with a shared future for mankind, Xi said.

Mourao extended President Bolsonaro’s greetings and best wishes, and delivered a letter from the Brazilian president to Xi.

The new Brazilian administration led by Bolsonaro attaches great importance to relations with China, Mourao said.

Brazil speaks highly of China’s important contributions to promot

ing global economic growth and considers China to be a reliable and stable partner, he said.

Brazil would like to connect the country’s investment partners plans

with the Belt and Road Initiative and expand cooperation with China in areas incl

uding trade, technology and innovation, he said, adding that Brazil welcomes investment from China.

Mourao expressed gratitude for China’s support for Brazil’s hosting of the meeting of BRICS leaders. Brazil would like

to enhance coordination with China under multilateral frameworks including BRICS, the WTO and the G20 to maintain multilateralism and t

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On Monday morning, Xi visited the JL MAG Rare-Earth

 Co and learned about the company’s production of rare earths and the development of the rare earth industry in Ganzhou.

On the heels of the United States government announcement it will ban unauthorized exports of US technology to Hua

wei, by Monday, a number of major US tech giants, including Google, had reportedly stopped supplies.

Amid the escalating tit-for-tat trade blows between the world’s tw

o largest economies, the US putting Huawei, the face of Chinese hi-tech progress, on its Ent

ity List is no doubt a calculated blow to hit China and Huawei where it hurts. “America will probably use its ability to with

hold components from Huawei as a bargaining chip in a future trade deal with China,” The Economist reckons.

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Yet the US expends huge amounts of its resources just to m

 maintain its monetary hegemony and thus ensure its financial sector offers higher pay and retur

n on investment compared with the real economy sectors, which helps it to maintain its advantage in at

tracting talents and capital. This in turn prompts the authorities to introduce more favorable policies and regulations for

the enterprises based in the US, which is essentially a combination of representative democracy and market eco

nomy. Under such circumstances, how can the US promote sustainable reindustrialization?

Besides, reindustrialization is not possible without rebuilding or strengthening infrastructure facilities. And

although the US leader has been claiming to implement a trillion-dollar infrastructure plan-and even made it on

e of the pillars of his “Make America Great Again” campaign-not much has come of it.

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the UN Office for Disaster Risk Reduction and the Alliance of

ernational Science Organizations, a group created to connect the scientific communities of BRI participants.

Bai Chunli, president of the academy, said in the conference’s opening ceremony on Saturday that areas along the Silk Road are

prone to various natural disasters that have resulted in massive loss of life and economic damage.

“As a result, it is paramount to use new technologies and international cooperation to jointly tackle these nat

ural disaster risks, protect ecological security and achieve sustainable development,” Bai said.

The academy will continue to collaborate with foreign partners to create new platfor

ms and mechanisms to improve disaster management and ecological protection, he added.

Mami Mizutori, head of the UN Office for Disaste

r Risk Reduction, said in a video speech that the scale and reach of the world’s largest infrastructure initiative will impact billi

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Efforts should be made to give people a more solid and

sustained sense of security, Xi said.Beijing blasts US Congress for Taiwan defense bill

Xi called for reforms in public security work and said big data should be used as a major engine to promote innovation in the sector. More

measures for higher-quality services should be implemented to give the public a substantial sense of fulfillment, he added.

While demanding that high discipline be exercised within the public security forc

es, Xi said there will be zero tolerance for violations of laws and Party discipline.

He also urged Party committees at all levels to suppo

Beijing resolutely opposes the United States House of Representatives for passing a bill on Tues

day to bolster Taiwan’s defense capability, calling it “boorish interference” in China’s domestic affairs.

Foreign Ministry spokesman Geng Shuang made the comment on Wedn

esday after the House voted to pass a nonbinding resolution reaffirming the US commitment to Taiwan. It also backed the

so­-called Taiwan Assurance Act of 2019, which supports Taiwan increasing its defense spending.

rt public security staff in exercising power and fulfilling their responsibilities in accordance with the law.

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The aircraft, a Sukhoi Superjet 100 from Aeroflot Russ

sian Airlines, was bound from Moscow for Murmansk in Russia’s far north.

It made an emergency landing at the airport shortly after takeoff with 73 passengers and five crew members aboard.

The aircraft circled before making a hard landing back at the airport after the crew issued a mayday alert.

As seen in CCTV footage, the plane touched down hard and skidded along the runway, spewing out plumes of black smok

e and nearly completely afire. The plane’s undercarriage collapsed as it slowed to a halt on the tarmac.

Yelena Markovskaya, spokeswoman for the Moscow interregional tr

ansport investigation department of the Investigative Committee of the Russian Fed

eration, said on Monday that 37 people survived, including four crew members.

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China and the US have been expediting their econo

ic and trade consultations, with a goal of implementing the consensuses President Xi Jinping and US President Donald Trump r

eached in December, said Xue Rongjiu, deputy director of the China Society for WTO Studies in Beijing.

China has made various moves recently to expand the new round of reform and opening-up — such as the approval of the Foreign Investm

ent Law in March and further facilitating trade connectivity under the Belt and Road Initiative. It will cont

inue opening its market in a proactive, steady and orderly manner, in accordance with its own development ne

eds and its own pace and timetable, to benefit Chinese and global consumers across the world, said Tu Xinquan, a pro

fessor of international trade at the University of International Business and Economics in Beijing.

James Collins, CEO of Corteva Agriscience, the agricultural division of US-bas

ed DowDuPont, said he hopes the two countries will reach a positive resolution, to benefit both countries and the re

st of the world. Collins said his firm was “not so much affected” in the short term by China-US trade tensions.

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ommunication key to shared future for mankind

China has made various moves recently to expand the new round of reform and opening-up — such as the approval of the For

eign Investment Law in March and further facilitating trade connectivity under the Belt and Road Initiative. It will con

tinue opening its market in a proactive, steady and orderly manner, in accordance with its own development need

s and its own pace and timetable, to benefit Chinese and global consumers across the world, said Tu Xinquan, a pr

ofessor of international trade at the University of International Business and Economics in Beijing.

James Collins, CEO of Corteva Agriscience, the agricultural division of US-

based DowDuPont, said he hopes the two countries will reach a positive resolution, to benefit both countries and the r

est of the world. Collins said his firm was “not so much affected” in the short term by China-US trade tensions.

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The forum helped countries upgrade their concept

 of cooperation, defined key areas and strengthened the mechanism to seek high-quality development of the BRI, he said.

Leaders reached wide-ranging agreement on high-quality cooperation on the BRI at the leaders’ roundtable on Saturday after an i

n-depth exchange of views on issues such as connectivity, policy integration and sustainable development.

They supported comprehensive infrastructure connectivity as a way to foster economic growth and to build high-q

uality, reliable, resilient and sustainable infrastructure, according to a joint communique issued after the roundtable.

All parties involved supported strengthening synergies in development policies using the principle

of extensive consultations, joint contributions for shared benefits and building even closer partnerships, the joint communique said.

The leaders also upheld green and sustainable growth and agreed to enhance cooperation in areas such as environ

mental protection, circular economy and clean energy, according to the communique.

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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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