hina and the United States will hold their eighth round of high-level economic and trade cons

ultations in Beijing on Friday, with “much work” remaining to be done, the Ministry of Commerce said.

Ministry spokesman Gao Feng said on Thursday that the two nations have made some progre

ss through recent phone discussions between Vice-Premier Liu He and US Trade Representative Robert Ligh

thizer and Treasury Secretary Steven Mnuchin. “But there remains much work to be done,” he said.

To iron out differences over certain economic and trade issues, China and the US have b

een intensifying their consultations. Next week, Liu will visit Washington for the ninth round of talks.

Negotiators from both sides are striving to implement consensuses reached betw

een the countries’ leaders in December, Gao said at a regular news conference.

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anufacturers and said the current system had produced an unprecedented safety record i

n the US. He said the FAA was “fully involved” in the certification of the Boeing 737 Max 8, including “133 of the 297 flight tests”.

Senator Richard Blumenthal questioned the FAA’s oversight of the Boeing 737 Max jet, argu

ing that reliance on the manufacturer put “the fox in charge of the henhouse”.

Blumenthal said Boeing rushed to get the 737 Max in the air to compete with Europe’s Airbus and disregarded critical safety features.

“There needs to be rigorous reform so the FAA is put back in charge of safety,” he said. “The

fact is that the FAA decided to do safety on the cheap, which is neither safe nor cheap,” he said.

Senator Jerry Moran asked what it would take for the FAA on its own to certify airc

raft. Elwell said: “Ten thousand additional FAA employees and $1.8 billion” per year.

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king with industry to meet shared safety goals,” he said. “FAA now delegates more of its aircr

aft certification to approved manufacturers through its congressionally authorized Organization Desig

nation Authorization program or ODA. However, my office has identified weaknesses with FAA oversight of ODA.”

Senators questioned the safety of Boeing’s anti-stall system, called the Maneuvering Characteristics Augmentation System.

The system was installed because Max jets have bigger engines mounted closer to the nose of the plane than older Boeing 737s, changing the plane’s aerodynamics.

If the nose rises, threatening a stall, the MACS system automatically points the nose of the plane down to gain speed. The sys

tem can be shut off by flipping a switch on the throttle console between the pilot and co-pilot.

The “angle of attack” sensor built into the Max aircraft measures the amount of lift generat

ed by the wings. The device warns pilots when there is too little lift, potentially stalling the plane

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More than 60 countries will send naval delegations to participate in the 70th anniversary of the founding of the Peo

ple’s Liberation Army Navy in late April, a spokesman for the Ministry of National Defense said on Thursday.

The celebration will showcase the progress of the PLA Navy and its growing capabili

ty in safeguarding China’s overseas interests as well as regional and world peace, an expert said.

The multinational naval event will take place in Qingdao, Shandong province, in late Ap

ril, said ministry spokesman Senior Colonel Wu Qian. April 23 is the 70th anniversary of the PLA Navy’s founding.

The naval event will include high-level dialogues, an international fleet review, military band performances, cultural and sports e

xchanges as well as other activities, Wu said. Some nations will send military ships to participate in the fleet

review, though details are still in the works and will be announced at a later date, he added.

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t the government plans to accelerate local government bond issuance this year. “We are tryi

ng to complete the issuance of the new bond quota of 3.08 trillion yuan by the end of September.”

“We will urge local governments to inject funds into projects quickl

y in order to stabilize investment and expand domestic demand,” said Liu.

In the first two months, issued local government bonds totaled at 782.1 billion yuan. Among this, 326.1 bil

lion yuan was raised through special purpose bonds, a type just like United States municipal bonds, the ministry said.

hina will further facilitate foreign enterprises’ venture ca

pital investments in Chinese companies, said Premier Li Keqiang at the Boao Forum for Asia on Thursday.

The country will also improve the regulations on foreign investors’ strategic invest

ment in mainland-listed companies as well as on their mergers and acquisitions with domestic enterprises.

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n chamber debated eight other Brexit options, ranging from leaving abruptly with no deal to revoking the divorce altogether.

While there was no majority support for any, the option calling for a referendum on any depa

rture deal, and another suggesting a UK-wide customs union with the EU, won more votes than May’s deal did two weeks ago.

Oliver Letwin, a Conservative former cabinet minister who led parliament’s unusual power grab, said it ha

d been expected that none would immediately win a majority, and lawmakers would have another chance on Monday.

The uncertainty around Britain’s most significant political and economic change since W

orld War II has left allies and investors aghast. Sterling dipped after Wednesday’s events.

If May’s deal were to pass, her office said there would be a contest to replace her after May 22, when Britain would leave the EU.

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 bird’s reproductive system was not behaving normally. The eggshell consists of two layers instea

d of one as in normal, healthy bird eggs, indicating the egg was retained too long inside the abdomen, Bailleul said.

This condition occurs in living birds as a result of stress. Unlaid eggs may be coated with a second laye

r, or sometimes more, of shell. This abnormality has also been documented in sauropod dinosaurs, and in fossil and living turtles.

In addition, the eggshell was extremely thin, thinner than a sheet of paper, and did not have the proportions of a healthy egg, Bailleul said.

hina’s civil aviation regulator has temporarily stopped issuing airworthine

ss certificates for Boeing 737 Max 8s because of safety concerns, a move an expert said will bring huge economic losses to Boeing.

Two Boeing 737 MAX 8s have crashed in the last five months. All 157 pa

ssengers and crew members of a 737 MAX 8 operated by Ethiopian Airlines died on Mar 10, includi

ng eight Chinese nationals. In October, the same model of plane, operated by Lion Air, went down over the Java Sea, killing 189.

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inated and inter-connected, and fair and inclusive approach and forge a growth

model of vitality, a cooperation model of openness and win-win results, and a developm

ent model of balance and common benefits, so that people from across the world could share the benefits of economic globalization, Xi said.

This year marks the 70th anniversary of the founding of the People’s Republic of China, Wang said.

During his visit, Xi, based on China’s just-concluded Two Sessions earlier this month, illu

strated to the European leaders the fine performances of the Chinese economy which had overcome multiple challenges in 2018.

Wang said Xi also introduced the newly-adopted foreign investment law, emphasizi

ng that it is necessary to use legal means to better protect intellectual property rights and attract foreign investment.

Xi pointed out that China will continue to push forward all-round reform and opening-up, promote trade and investment

liberalization and facilitation, so that European friends can better share China’s development opportunities.

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A memorial service was held on Wednesday for victims who died in a chemical plan

t explosion seven days prior in Xiangshui township, Yancheng city, East China’s Jiangsu province.

More than 200 officials, police officers, firefighters, bereaved families and volunteers attended the serv

ice at 7:30 am. The cars at the site honked their horns and attendees presented flowers to pay tribute to the victims.

To date, the deadly explosion of Jiangsu Tianjiayi Chemical Co in Yancheng’s Xiangshui county has claimed 78 lives.

According to Chinese tradition, the seventh day after a death marks the height of the mourning period.

subsidies continue gradual phase-out

China will whittle down subsidies on new energy vehicles as the industry develops and cost drops, aiming to boost high-quality development in the NEV sector.

The newest measure will lower subsidy standards for new energy passenger cars, buses and t

rucks, taking factors such as industry growth, cost reduction and subsidy phase-out policies into consideration, the

Ministry of Finance said in a joint statement Tuesday, adding the move was set to bring more competition in the industry.

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cles are starting to gain momentum in the private market. With the overall vehicle market remaini

ng flat, sales of new energy vehicles last year reached 1.25 million, up 61.7 percent year-on-year, and

the figure is expected to reach 1.6 million this year according to the China Association of Automobile Manufacturers.

China plans to stop subsidies on new energy cars by the end of 2020. To ensure a smooth transi

tion, the government decides to achieve this goal by enacting policy in several phases. This year’s subs

idy standard was slashed 50 percent on average from 2018, Xinhua reported, citing a person with knowledge of the matter.

The source said the proportion cut is basically consistent with falling ratios of general cost for co

mplete vehicles, while pointing out with the rapid expansion of the NEV industry some enterprises tend

ed to become reliant on long-standing subsidies, leading to weak competitiveness.

The statement also asked local governments to remove subsidies on purchases o

f new energy cars after a three-month grace period starting Tuesday. Instead, more funds will be used

to build infrastructure, including charging and hydrogen refueling facilities, and to facilitate relevant services.

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