There are signs that the central government will not cha

ange its resolution to control house prices, Zhang said, adding that in the future the real estate market will continue to crack down on speculation.

On May 11, Suzhou tightened housing policies further, China Daily ea

rlier reported. The down payment ratio for a family’s first home purchase has been rais

ed from 20 percent to 30 percent.China may grant official 5G licenses, instead of the interim licenses prev

iously planned, to telecom carriers this year and is likely to start commercial use of the superfast wireless technology nat

ionwide in the near future, possibly as soon as October, according to people familiar with the matter.

Newly built property in certain parts of the city cannot

be traded for a three-year period after purchase, and for five years in the case of pre-owned property.

shangjianxiachui.cn

The idea of setting up such a museum came to Kang wh

en he visited a museum of broken relationships in Chengdu, capita

l of Southwest China’s Sichuan province, with two friends in January. They tho

ught it would be a good thing for Taiyuan to have a place for people to bury souvenirs from a failed relationship.

They acted fast and opened the museum after three months’ preparation.

The world’s first museum of broken relationships was founded in Croatia in 2006 by two artists, who

ended their four-year relationship and got the idea of setting up a museum to house their leftover personal items.

China has several museums of broken relationships now, in Nanjing, Chen

gdu, Xi’an, Wuhan, Beijing, Chongqing, Jinan, Harbin, Changsha, Guangzhou and Changchun.

ezgpui191.cn

China’s consumer inflation quickens tosumer price ind

China’s consumer price index (CPI), the main gauge of inflation, gr

ew 2.5 percent year-on-year in April, the National Bureau of Statistics (NBS) said Thursday.

The reading, in line with market expectations, accelerated from the 2.3 percent gain in March and 1.5 percent in Febru

ary. On a monthly basis, consumer prices edged up 0.1 percent, compared with the 0.4 percent drop seen a month earlier.

NBS official Dong Yaxiu attributed the rise to higher prices of vegetables, pork and fruit, which ros

e 17.4 percent, 14.4 percent and 11.9 percent, respectively, from the same period last year due to tighter supplies.

Food prices, which account for nearly one-third of weighting in China’s CPI, went up 6.1 percent year-on-year.

Meanwhile, China’s producer price index (PPI), which measures inflation at the factory gates, rose

0.9 percent year-on-year last month, up from the 0.4 percent gain in March that showed improving market demand.

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Xi said China’s moves to boost opening-up follow from

 an independent choice based on the objective need of the country’s reform and development.

This is helpful in promoting high-quality growth, meeting the people’s need

s for a better life and promoting peace, stability and development of the world, he said.

China also hopes that other countries will create a good investment environment, treat Chinese enterpris

es, students and scholars equally and create a friendly environment for their normal international exchange activities, Xi said.

Xi pledged to take stronger measures to promote international cooperation in protecting intellectual pro

perty, which he said is not only crucial to protecting the legal rights of companies but also to promoting high-quality growth.

China will enhance policy coordination with the world’s major economic entities and j

ointly promote the robust, sustainable, balanced and inclusive growth of the global economy, he said

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The meeting called for expanded investment in comp

ulsory education, basic medical care, housing, drinking water, eldercare and ch

ild care, in addition to addressing other pressing issues for some groups in society.

Social security mechanisms to help those most in need will be furthe

r refined, with subsistence allowance systems set to be optimized, the statement said.

The meeting also called for full implementation of requirements set in the Ce

ntral Economic Work Conference, the annual policymaking meeting held in December.

The meeting urged an even more proactive fiscal policy and full implementation of tax and fee cuts.

Monetary policy will be eased or tightened to the right degree, and

it will be adjusted in accordance with economic growth and real-time inflationary and pricing

scenarios, the statement said, adding that financial support for the real economy will be bolstered.

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Paris fire sends alarm on relics protectionhedral in Pa

An inferno that destroyed the spire and a large portion of the wooden roof structure of the 12th-century Notre Dame Cathedral in Pa

ris on Monday reinforced a cautionary message to Chinese authorities about the need to better protect vulnerable heritage sites.

The National Cultural Heritage Administration held a staff meeting on Tuesday night at wh

ich officials discussed the Paris fire and six major fires that have taken place at Chinese cultural heritage sites this year.

“The fire at Notre Dame in Paris rang the warning bell for us,” Song Xi

nchao, deputy director of the administration, said in an interview on Tuesday.

“The safety of cultural heritage sites is a red line that can never be crossed. It’s a global issue,” he said.

The six fires were in Sichuan, Fujian, Jiangxi, and Zhejiang provinces, officials said.

On Jan 6, a hall at Yunyan Temple in Jiangyou, Sichuan province, burned down. On

Feb 2, a wooden family temple from the Qing Dynasty (1644-1911) in Nanchang, Jiangxi, was destroyed by fire.

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mental protection, science and technology innovation,

end manufacturing, finance, sharing economy, medical care and elderly care indust

ries,” Osuga said, adding Japan and China will push forward cooperation in more areas this year.

Chinese State Councilor and Foreign Minister Wang Yi said at the dialogue on Sunday that Ch

ina hopes the two sides can make steady headway in promoting bilateral investments and trade coope

ration, and actively explore third-party market cooperation as well as local cooperation.

Osuga said the Japanese government’s position on the Belt and Road Initiative remains unchan

ged, as it expects to conduct cooperation with China in a third market, promote trade and invest

ment liberalization and facilitation and uphold a business environment of fairness, justice and non-discrimination.

bx-zhonghui.com

After making a couple of reconciliatory gestures, suc

ch as freezing nuclear and missile tests and demolishing some test sites, Pyongyang want

s something in return. Which is not unreasonable, but so far has not been forthcoming.

Washington should not anticipate Pyongyang denuclearizing in a wholesale, one-off mann

er. After all, its nuclear missile programs are the sole bargaining chip it has in its hands.

Rather than surrender its nuclear arsenal in a wholesale manner, it is in Pyongyang’s best inte

rests to turn its engagement with Washington into an arms control regime between two nuclear states.

It may be that a third Trump-Kim summit happens. But meaningful hea

dway in denuclearization entails more than what the two sides appear ready to offer at the moment.

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nd Turkey, disruptions to the auto sector occurre

rred in Germany, and financial tightening in larger adva

nced economies have all contributed to a “significantly wea

kened global expansion”, said IMF Chief Economist Gita Gopinath.

“With this weakness expected to persist into the first half of 2019, o

ur new World Economic Outlook projects a slowdown in g

rowth in 2019 for 70 percent of the world economy,” she wrote in a blog on Tuesday.

With improved prospects for the second half of 2019, global growth in 2

020 is projected to return to the 2018 level of 3.6 percent, according to the IMF report.

“This recovery is precarious and predicated to reboun

d in emerging markets and developing economies, wher

e growth is projected to increase from 4.4 percent in 2019 to 4.8 percent in 2020,” Gopinath said.

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But some were unmoved and the Northern Irish party cruc

rucial to getting the agreement through said it would reject the deal again.

Britain was supposed to leave the bloc on Friday but Brussels agreed last week to put back the

divorce date until April 12 to give it a chance to resolve a three-year crisis that has split the country down the middle.

However, it still remains uncertain how, when or even whether the United Kingdom, the wo

rld’s fifth-biggest economy, will leave the EU. The possibilities that it will leave with no deal to so

ften the shock to its economy, or delay the departure date to hold a general election, have increased as other options fade.

While May’s deal continued to stumble, an attempt by parliament to take control of the proc

ess by holding a series of indicative votes on other options produced no immediate way through the impasse.

None of the proposals, many of which involved closer alignmen

t with the EU than May envisages, won the support of a majority of lawmakers.

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