ary as chairman of the China Securities Regulatory Commission, a position he kept for three years before being replaced by Yi Huiman.

The central commission said in the statement that Liu is cooperating with the probe.

hina’s housing regulator has warned four Chinese cities over price rises in the past three months, the Economic Observer reported.

Local governments of Foshan, Suzhou, Dalian and Nanning were urged by the Ministr

y of Housing and Urban-Rural Development to stabilize land and housing prices as well as market expectations.

This came a month after six other cities were also warned over similar reasons on April 19.

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 to sell chips to ZTE, a Chinese multinational telecommunications equipment and

systems company, even after imposing huge fines on the company. By so doing, the US has act

ually encouraged China to increase investment in its high-tech sector. So, even if China and the US were to strike a de

al, China would be prompted to import lower volumes of energy and agricultural products from the US.

In macroeconomic terms, the China-US trade dispute has added h

uge uncertainties to the US economy and raised the likelihood of recession. Which cou

ld thwart the US president’s chances of being re-elected in 2020. And the trade dispute c

ould prevent the US from taking the measures it intends to in order to consolidate its national power.

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including existing ski resorts and some newly built projects, to host all eight Olympic snow sports

in 2022. The three clusters will be connected by a new high-speed railway, which will be completed by t

he end of this year. It looks beyond the Games to boost future winter sports tourism.

According to the organizing committee, all 26 venues for 2022 will be ready by June next year with the f

irst test event, a World Cup skiing series, scheduled to be held in Yanqing’s National Alpine Skiing Center in February.

About 90 percent of the earth moving work for the mountain center is now complete, and a 53-hecta

re forest reserve has been built nearby for transplantation of all the trees affected by the construction.

“The preparations are ready to step up to the next stage, from planning to

the readiness phase. Beijing is ahead in the race against time,” said Liu Yumin, dire

ctor of the planning, construction and sustainable development department of the 2022 Olympic Organizing Committee.

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popular destinations for overseas study, accounting for 18 percent and 1

6 percent respectively, followed by Hong Kong, Germany and Japan, the report found.

The report was based on a survey conducted by Vision Overseas Consulting Co, a subsidiary of New Oriental Education and Technolo

gy Group and Kantar Millward Brown in January and February. The survey covered 6,228 students who plan to go to school ove

rseas or have returned to China after graduation, and their parents. It is the fifth consecutive year the report was released.

Sun Tao, president of Vision Overseas Consulting Co, said: “More students chose to go to the UK for overseas study b

ecause of its high-quality higher education institutions and relatively lower costs compared with the US.”

Many UK universities now offer one-year master’s program, which can

greatly decrease the students’ cost, he said, adding that the UK government has also im

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Russia’s Investigative Committee says 41 people died in fiery airliner accident at Moscow airport.

The Russian Superjet 100 was flying from Moscow to Murmansk when a fire broke out on board. Aeroflot Flight SU1492 ret

urned to Moscow’s Sheremetyevo Airport, making a hard landing, news agency Interfax reported.

“According to our data, more than 10 victims needed medical

care,” Tass news agency quoted a source in the medical services as saying.

Earlier, the regional emergency services reported six victims.

The plane reportedly took off from the Sheremetyevo airport at 18:00 local time (1500 GMT) and

made an emergency landing after circling over the Moscow region for about 40 minutes.

It was “engulfed in flames” before the emergency landing, Tass quoted a source as saying.

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will be held later this month following the proposal of President Xi Jinping, demonstrates China’s deep thinking and resp

onsibility for promoting the development of civilization in Asia and the world. The conference will have great and

far-reaching significance to the construction of a community of shared future for mankind.

The history of humanity is one of the coexistence and joint development of multiple civilizations. In his article on excha

nges among civilizations and mutual learning, published by the Qiushi journal on May 1, Xi wrote that “civiliz

ation becomes colorful because of exchanges, and abundant because of mutual learning”. He urged nations to “seek wisd

om, absorb nutrition from different civilizations, provide the people with spiritual support and comfort for thei

r soul, and join hands to resolve common challenges of various kinds confronting human beings”.

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ce exchanges between their legislatures, political parties, youth, think tanks, media

and local authorities to cement their people’s support for friendly bilateral ties.

Bhandari said the joint building of the Belt and Road is a historic initiative and has an important global influence.

The initiative has served as a good platform for Nepal-China cooperation, she said.

The Nepali president expressed her congratulations on the 7

0th anniversary of the founding of the People’s Republic of China, and s

aid it is admirable what the Chinese people have achieved under the leadership of the Communist Party of China.

China is a true friend of Nepal, and Nepal sees opportunities in China’s prosperity and stability, Bhandari said.

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According to Chilean Ambassador Luis Schmidt, the two countries on Wednesday secured a deal to open the Chinese market to Chilean pears.

He said he is expecting the first pear exports to China to take place soon.

Zhou Jin contributed to this story.

Liu Cailin, a Hebei Academy of Fine Arts graduate, is a member of the Tujia ethnic group.

At school Liu interned at design companies during summer and winter vacations. It wa

s then that he fell in love with jewelry design. Several months after he graduated, Liu opened his own workshop.

For lovers, every gift is special. Liu once received a message: a girl received a leaf from her boyfriend, and wanted to preserve it in some

way. Liu decided to make a silver piece of jewelry for her, one of more than 2,000 stories he’s turned into works of art.

Liu now has more than 1.2 million fans and monthly sales of 150,000 yuan ($22,283), a figure that could top 350,000 yuan.

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omic value in the domestic economy in 2017, equivalent to nearly 4 percent of China’s 82.08 trillio

n yuan GDP that year.This is significant, considering the economic value estimated for other Asia-Pacific economi

es ranges between 1 and 3 percent, said the Hinrich Foundation’s Director of Public Affairs and Strategy Berenice Voets.

The potential economic value of digital trade is expected to be the equivalent of 22 percent of China’s projected GDP in 2030, accor

ding to the report, outlining an optimistic outlook for digital trade development in China in the following years.

Li is scheduled to have talks with EU leaders, attend high-level meetings

Premier Li Keqiang touched down at Brussels Airport on Monday, beginning a five-day trip aimed at sending a clear signal to t

he world of the growing mutual trust and deepening strategic cooperation between China and European nations.

Li is in Belgium for the 21st China-EU Leaders’ Meeting. He will also make an official visit to Croatia and at

tend the eighth Leaders’ Meeting of China and Central and Eastern European Countries in the coastal city of Dubrovnik.

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Companies upbeat on 2-year-old new area as goals in place for development

Xiongan New Area, which was first announced two years ago, has been attracting

increasing attention from foreign companies given its huge development potential.

Located about 100 kilometers southwest of Beijing, Xiongan is aiming to become a significant part

of the Beijing-Tianjin-Hebei cluster, and plans to take over Beijing’s noncapital functions and pr

ovide a Chinese solution to “big city malaise”, including overcrowding, pollution and traffic congestion.

On April 1, 2017, China announced plans to establish Xiongan New Area, which an official statemen

t called “a strategy that will have lasting importance for the millennium to come, and a significant national event”.

Massimo Bagnasco, vice-president of the European Union Chamber of Commerce in China, said tha

t there are many opportunities for foreign companies to benefit from Xiongan.

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