he increased bank lending could match the real econom

The monetary authority has rolled out a series of policies in recent mont

hs to ensure adequate liquidity in the financial sector and accelerated loan issuance to co

mpanies. The measures include a new lending facility, called the targeted medium-term lending facility, which was in

troduced in December to encourage commercial banks to increase lending to small and private firms.

The central bank further cut the required reserve ratio for financial institutions by 1 percentage point in January and inj

ected another 800 billion yuan of capital into the market. That followed four reserve ratio cuts last year.

Supported by the liquidity, the average interest rate in financial mark

ets had already declined by January, which actually provided much cheaper funding t

o commercial banks and borrowers in the corporate sector, Sun said.

Accompanied by the credit boost, growth of the broad money sup

ply, or M2, accelerated in January to 8.4 percent from 8.1 percent at the end of December, t

he central bank said. Government bond issuance, meanwhile, has also picked up since the start of this year.

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He said it’s important to keep a historical perspective on

cting the outlook of China-US bilateral relations, saying that the two economies became deeply integrated over the past 40 years despite some headwinds.

“In the next four decades, China and the US can further promote mutual understanding while properly handling differences,” he said.

January marked the 40th anniversary of the establishment of China-US diplo

matic relations. Bilateral trade grew from less than $2.5 billion 40 years ago to more tha

n $630 billion in 2018. Over the same period, two-way investment rose from practically nil to more than $240 billion.

Chinese Ambassador to the US Cui Tiankai said at a recent event that China an

d the US need to develop even stronger ties in the future despite some differences.

“We need to develop an even stronger relationship on the basis of coordination, cooperation and stability” between the two countries, Cui said.

He said it was important for the two sides to have a much better mutual understand

ing on each other’s intentions and policies and identify common ground to stabilize the relationship.

China’s exports to the US climbed 1.9 percent year-on-year to 252.11 billion yuan ($37.21 billion) last month, according to official figures. During the peri

od, foreign direct investment from the US into the Chinese mainland recorded a 124.6 percent year-on-year growth.

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Lai Xiaomin charged with bribery, corruption and bigamy

ai Xiaomin, former China Huarong Asset Management board chairman, has been charged with bribery, corruption and bigamy, the Supreme People’s Procuratorate said on Friday.

China Huarong is one of the country’s four largest State-own asset management companies.

It is alleged that Lai exploited various professional positions, including head of the Huarong

corporation and director-general of the banking supervision department of the People’s Bank of China.

While in these positions, it is claimed that he asked for and received significant benefits in exc

hange for “aid”, according to a press release from the SPP, the country’s top prosecuting authority.

It also alleged that Lai was in illegal possession of a large number of public properties, a

nd that he was living as husband and wife with a woman other than his wife, the release said.

Lai, 56, was placed under investigation by the Central Commission for Discipline Inspection (CCDI) o

f the Communist Party of China in April last year for “serious violations of disciplinary rules

and laws”, and was expelled from the Party and removed from public office six months later.

The CCDI said he violated political disciplines and State financial policies to blindly expand the c

ompany and operate it in a disorderly manner, resulting in it deviating from its primary tasks and business.

Lai, a Jiangxi province native, started his career at the People’s Bank of China in July 1983, and went on

to hold key positions at the China Banking Regulatory Commission and Beijing Banking Regulatory Bureau.

247xe.cn

Talks can produce fresh progress toward a dea ina Daily editorial

It is encouraging that after the deputy-level meetings on Monday and Tuesday

to work out the technical details for an agr

eement — including a mechanism for enforcing any deal — the face-to-face discussions being conducted between d

ecision-makers from both countries are being held amid a general air of optimism.

The negotiations are being led by Chinese Vice-Premier Liu He and US Trade Representative Robert Lighthizer and US Treasury Secr

etary Steven Mnuchin, whose cordial discussions in Washington on Jan 30 and 31 raised hopes that the two s

ides are genuinely doing their utmost to reach an agreement ahead of the March 1 deadline when US tariffs on $

200 billion worth of imports from China are set to rise to 25 percent from 10 percent.

But there are still obstacles to be overcome, and no one should underestimate how daunting a task the two s

ides face trying to resolve all the differences that have long existed between them in one clean sweep.

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hina has seen 4.8 percent yearly growth in foreign dire

rect investment in January, and its high-tech service industry has seen the most dramatic increase in the use of foreign capital.

According to Ministry of Commerce data released Thursday, the country has attracted 84.18 bil

lion yuan ($12.41 billion) in FDI in the first month of 2019, up 4.8 percent year-on-year.

Foreign capital flowing to the country’s high-tech service sector in January has mo

re than doubled compared to the same period in 2018, reaching 15.77 billion yuan.

The total FDI used in the manufacturing industry has also climbed by 5 percent y

ear-on-year, totaling 26.7 billion yuan. The service sector has used 56.2 billion yu

an in FDI, up 5.1 percent, and the high-tech industry has seen a 40.9 percent yearly growth of FDI used.

FDI from the United States has seen a staggering 124.6 percent year-on-year growth.

ax142.cn

Today, the situation is radically different. Space exploration is

nger the prerogative of the US and Russia. Apart from the US, Russia and China, India too has worked out an ambitious plan to put astronauts in space by 2022.

Constantly improving manufacturing and new material technologies have remarkably reduced the cost of space launches. The pr

ivate US company Space X has successfully launched recoverable rockets, and its launch cost per kilogram payload has fallen below $2,000, one-ten

th that of a space shuttle launch. And for China and India, the cost of one rocket launch is less than $5,000 per kg.

Another major change helping space exploration is the advancement in 3D printing technology, which now allows astr

onauts to produce parts and components in the International Space Station and thus reduces the number of sup

ply vehicle launches. 3D printing will play a big role in the construction of a permanent space station on the moon.

These technological advancements have propelled a new wave of space fever ac

ross the world. While US President Donald Trump has reactivated the space ex

ploration program that aims to land humans on Mars by 2033, private space companies such as Space X and Blue Ori

gin have used advanced technologies to their full advantage to move ahead in the space race.

For China, building a permanent space station and a rocket launch platform on the moon will

be critical to advanced space exploration. Actually, China is moving closer to fulfilling that objective.

www.102xe.cn

DPRK officials to meet ahead of summithe United States

and the Democratic People’s Republic of Korea will meet this month in an unidentified Asi

an country ahead of their leaders’ planned second summit in Vietnam, South Korean officials said yesterday.

The US special representative for the DPRK, Stephen Biegun, visited Pyongyang last week to work out details of t

he February 27-28 summit in Hanoi between President Donald Trump and DPRK leader Kim Jong Un.

After being briefed by Biegun about his talks in the DPRK, South Korea’s presidential office said that the US and t

he DPRK used Biegun’s trip as a chance to explain what concrete steps they want from each other.

South Korea’s national security adviser Chung Eui-yong, who met Biegun, repor

ted that US-DPRK diplomacy “is working well,” presidential spokesman Kim Eui-kyeom said.

He said a follow-up US-DPRK meeting ahead of the summit will take place in a third country in Asia in the week beginning February 17.

trwater.com.cn

cientists develop structural brain atlases for Chinese

Scientists have developed structural brain atlases for the Chinese pediatric population, o

ffering a basic tool for future studies on Chinese children’s brain development.

In magnetic resonance (MR) imaging studies of child’s brain development, structural brain atlases usually serve as imp

ortant references. However, the popular existing pediatric brain atlases are mostly based on MR images obtained from C

aucasian populations and thus are not an accurate characterization of Chinese children’s brains due to differences in genetic and environmental factors.

Scientists from the Beijing Normal University have created a set of age-specific Ch

inese pediatric atlases based on high-quality MR images from 328 cognitively normal Chinese children aged between 6 and 12.

The brain atlases include sex-specific templates and multiple age-specific templates. They show dramatic anatomica

l differences in the bilateral frontal and parietal regions compared with the brain atlases based on Caucasian populations.

The brain atlases have been released online and researchers can download it for free. They may help reveal the Chinese c

hildren’s brain structure and functional development, providing a reference for neuroimaging studies on Chine

se children with abnormal brain development such as autism and Attention Deficit Hyperactivity Disorder (ADHD).

bwdq.com.cn

The woman told girlfriends dyeing AIDS With wuji bai

  After a physical examination, wang li (a pseudonym) has become a “AIDS patients”.After 12 years, my roommate and best friend zhai a packed in wuji baife

ng pills into “anti-aids drugs”, for the price of a bottle of 670 yuan to 21000 for her.

  Until when debugging a suspicion of fraud was indicted.Crime of fraud of the ch

aoyang court of first instance to zhai was sentenced to a prison for 10 years, a fin

e of 50000 yuan, and ordered the fraud by the range of more than 640000 yuan.Zhai one refuses to appeal.On Jan

uary 29th morning, Beijing three then rejected a second trial zhai a certain appeal, upheld.

  Girlfriends to hide a hospital checking results

  Women’s “AIDS” for 12 years

  In 2004, Beijing wang li met zhai a migrant workers, as well, two people beg

an to rent together.In 2006, wang li accidental pregnancy, zhai a as girlfriends

accompany her to the hospital for surgery.Postoperative wang li always feeling unwell, and debugging a accom

xuexizhongguo.cn

China grants tax benefit to boost employment of the needy

  About 43 percent of those who plan to watch the game said the game is the most important part of the event, but 23 percent of the

people cite the commercials. Another 14 percent of the people consider getting together with fri

ends more important while 13 percent of the people are looking forward to the halftime show.

  ”The numbers vary from year to year, but regardless of the economy, politics or the

weather, most Americans manage to take a break every year for the Super Bowl,” Phi

l Rist, vice president of strategy at Prosper Insights & Analytics, said in a statement.

  He added that “the big game is a day for big spending regardless of who plays or wins.”

  The survey of 7,384 adults aged 18 and older was conducted between Jan. 2 and Jan. 9, bef

ore people knew what teams would play.The Chinese government has decided to grant a three-year

-long tax benefit to inspire self-employment and support small companies to hire more people in need.

  Under a decision jointly announced Saturday by the Ministry of Finance, State Taxation Adm

inistration and other governmental departments, people in need who start a business can have 12,0

00 yuan (about 1,790 US dollars) deducted from their families’ annual share of taxes over three years.

hheeh.cn