The two drafts are under their third readings at the on

going session of the Standing Committee of the National People’s Congress.

The emphasis on objectivity and impartiality was suggested after the drafts’ se

cond readings, as legal experts pointed to the importance of procurators to objectively collect evidence.

The new drafts also stipulate tighter supervision over judges and procurators and give th

em more responsibilities such as keeping business secrets and personal privacy infor

mation. There will be legal consequences if they fail to do so, according to the drafts.

Chinese technology company Xiaomi on Satur

day opened its first official store at a shopping center in Bucharest, capital of Romania.

Hundreds of Romanians formed long lines for hours to atten

d the opening ceremony for the first official Xiaomi store in the country.

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Sonam was born in Jone county in Gannan Tibetan

 autonomous prefecture of Gansu province. Under China’s et

hnic policies, Sonam was able to study at a middle school in northern Hebei province.

“There were many ethnic classes in our school, and many of my classmates were ethnic min

orities,” he said. After graduation, Sonam went for further study in Britain.

“I am from a small town, but education truly broadened my horizons,” he said.

Over the past decades, favorable policies have b

rought benefits to many children in Tibetan areas.

Sonam likes watching NBA games in his spare time. Fluent in C

hinese, Tibetan and English, he is also a fan of Tibetan rap

and occasionally hangs out with friends at a bar in downtown Beijing.

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Speaking of the Chinese economy, Liu said, China is

 accelerating its transition from high-speed growth to high-quality develo

pment, as its economic structure continues to upgrade, and new momentum sustains remarkable growth.

China has adopted a proactive fiscal policy this year with greater intensity and enhanced efficiency, rolling out substa

ntial tax cuts and fee reductions, and its economic growth in the first quarter has gotten off to a good start, Liu said.

The minister said his country will continue to significantly relax ma

rket access, enhance the protection of intellectual property rights, and carry out larg

er-scale tax cuts and fee reductions, so as to create a more attractive investment and business environment.

On the sidelines of the Development Committee meeting, Liu met with David Malpass, the new World Bank president, as scheduled.

shangzili.cn

It’s the mix of all these factors-timing, situation, peop

le, most of which are beyond our control-that allows a broader readership, who might not h

ave expressed interest in China or translated works to discover this story,” she says.

“China’s development over the past decade

s has also contributed to an increase in interest in the cultural output from this sid

And publishers, literary agents, translators and scholars w

ho took an interest in Chinese content over the past decades have paved the new way, she adds.

Other than fantasy and sci-fi, British readers are looking at established Chinese writers, as well as

popular online authors, as was showcased at the 2019 London Book Fair held from March 12 to 14.

e of the world.”Having worked in the arts since the mid-2000s, Chang says she has seen the interest in Chinese culture broaden

and deepen, “developing from perhaps the more direct visual aspects like contemporary art to embracing areas that r

equire more investment of time and emotional involvement-books, films, TV, theater, games”.

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Supply chain finance gets tech edge, to boost private

Chinese commercial banks are strengthening supply chain finance with the help of tech

nology to solve difficulties at private enterprises, especially small and micro-sized businesses.

Supply chain finance allows a supplier to sell its invoices to a bank at a discount as soon as they ar

e approved by the buyer. This allows the buyer to pay later and the supplier to secure its money earlier.

China Minsheng Banking Corp, a national joint-stock commercial lender – a business entity in which shares

of the company’s stock can be bought and sold by shareholders – is providing comprehensive financial and nonfin

ancial services to private enterprises in the upstream and downstream supply chains.

Downstream supply chain management refers to coordinating the flow of information and goods with clients. It cont

rasts with upstream SCM, which involves coordinating buying activities with suppliers.

The Beijing-based bank has offered solutions adapted to the features and needs of private companies in six industr

ies, including home appliances and pharmaceuticals, since setting up a supply chain finance department last year.

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hina to improve transport efficiency, reduce logistics costs

China will unveil various measures to improve transport efficiency and lower logistics costs, according to a spokesperson for the transport ministry.

Vowing to see a notable increase in transport efficiency in the next

three years, the country will accelerate the construction of a comprehensive tra

nsport network, spokesperson Wu Chungeng told a news conference on March 28.

Efforts will also be made to expand the electronic toll collection system and promote multimodal transport, Wu said.

Meanwhile, the logistics costs are expected to be reduced by 120.9 billion yuan (about $17.97 bil

lion) in 2019, and a logistics service system in line with the country’s high-quality growth will be established over the next three years.

To fulfill such targets, the ministry will optimize transport struct

ure, upgrade rail, road and waterway transport systems and expand the network of logistics hubs, Wu said.

shlf07.cn

Stress-busters in demand as life gets hecticia platforms

Sales of anti-hair loss products, sleeping pills and aids show market revival

Chinese born in the 1990s, long troubled by hectic lifestyles marked by working till late, heavy

workload and career-related pressures, have a new problem to deal with: hair loss.

But certain manufacturers are sensing a big business opportunity

as products that promise to cure or prevent hair loss are seeing something of a revival.

Last year, among consumers who bought hair care and hair growth products on e-commerce platforms of Alib

aba Group Holding Ltd, 36 percent were born after 1990, and more than 38 percent were born between 1980 and 1990.

Middle-aged and senior consumers showed lower-than-expected demand for hair c

are products, according to a report by AliHealth, the health and medicine unit of Alibaba Group.

www.fhgwe.cn

Internet celebrities and some KOLs (key opinion leaders) shar

user experiences and give good ratings for some niche products, so consumers get to know the

m, and young consumers tend to consider such recommendations. But product quality and personal pre

ferences ultimately influence consumer decision whether or not to buy a product,” Wang said.

The Alibaba report stated that among people who searched online

using the keywords “hair loss”, nearly 80 percent were male consumers. The largest nu

mber of buyers of hair care products came from Guangdong, Zhejiang, and Jiangsu provinces.

Online searches for hair care and hair growth products fluctuate through the year. In Ma

rch, they tend to rise a bit; in August, they tend to surge, and peak in November, the report found.

Last year, sales of anti-hair loss products on Tmall, Alibaba’s e-commerce platform for established brands, soared 100 percent, according to Tmall.

For instance, Hairmax, a hightech comb that boosts hair growth through use of laser beams, wa

s launched last year. It proved to be one of the best-selling items during the Singles Day shopping festival on

Nov 11. An anti-hair loss shampoo made in France, priced 888 yuan ($132.50), sold out fast.

grcua.cn

Vietnamese truck enters China via the Second Beilun River

The bridge will greatly alleviate traffic burden on the First Beilun River Bridge three kilomet

ers away, which was previously the only means of shipping personnel and cargo to or from Dongxing Checkpoint.

Statistics from immigration authorities show that 12.19 million people and 47,056 vehicles passed over the old bridge in 2018, far beyond its maximum capacity.

The new bridge is now designated for freight vehicles, while the First Be

ilun River Bridge is reserved for personnel. This could save 30 minutes or more in custo

ms clearance time for each consignment, according to Huang Xiong, deputy chief of Dongxing Customs.

1.jpgIn early 2015, the Barack Obama administration tried desperately to block the United King

dom and several other European countries from joining the Asian Infrastructure Investment Bank by ac

cusing, without any basis, the then newly established bank of possible low environmental and governance standards.

The real reason, according to former US treasury secretary Larry Summers, was that the Obama adm

inistration could not secure any funding from the Republican-controlled Congress to join the AIIB. And to s

ave itself from embarrassment, the US administration tried to prevent European countries from joining the bank.

www.qianhuavc.com

Top officials at the Confederation of British Industry and t

  he Trades Union Congress said Thursday that Britain faces a “national emergency” if politicians allow that to happen.

  ”Firms and communities across the United Kingdom are not ready for this outcome. Th

e shock to our economy would be felt by generations to come,” they wrote in a letter to May.

  McDonald’s (MCD) and KFC (YUM) joined with UK supermarkets to warn that crash

ing out of the European Union would disrupt supplies. Airbus has said that it would be forced to redirect future inv

estment away from the United Kingdom.What can the UK achieve in three weeks that it couldn’t in three years?

  The most obvious answer to this is, worryingly for some, not very much.

  While the European Union offered Prime Minister Theresa May — and her vision fo

r Brexit — a final lifeline this week, it did so with caveats and, crucially, harder deadlines than before.

  It’s these deadlines that European leaders hope will focus the minds of British la

wmakers as they return to the House of Commons to try and find a way out of the Brexit deadlock.

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