China

Xi urges youth to 'love' the Communist Party

Beijing, Apr 30 (AFP/PTI) President Xi Jinping urged China's youth on Tuesday to be loyal to the Communist Party as he sought to whip up patriotic sentiment in a nationalist speech marking the centennial of a student protest.

Xi delivered his hour-long plea at the Great Hall of the People to commemorate the May Fourth Movement, a landmark protest against colonialism and imperialism that rocked China in 1919.

China upgrades 5th edition of its currency

BEIJING, April 29 (Xinhua) -- The People's Bank of China (PBOC), the central bank, has upgraded the fifth edition of the renminbi (RMB), the Chinese currency, and on Monday announced the issuing of the new batch from Aug. 30.

The new issuance will include notes with a face value of 50 yuan (about 7 U.S. dollars), 20 yuan, 10 yuan and one yuan, and coins valued one yuan, 50 fen and 10 fen.

Compared with the current series in circulation, the new batch will see brighter colors and adjusted patterns with enhanced anti-conterfeiting feature, a PBOC official said.

Sino-Russian "Joint Sea-2019" exercise kicks off

QINGDAO, April 29 (Xinhua) -- The Sino-Russian "Joint Sea-2019" exercise for both navies began Monday afternoon.

Set to run from April 29 to May 4, the drill focuses on joint sea defense.

The first two days of the exercise will be conducted mainly on the harbor shore, and marked by games and exchanges, opening up of warships, as well as cultural and sports events.

Czech Republic, China enjoy great prospect for green development cooperation, says deputy PM

BEIJING, April 29 (Xinhua) -- As both the Czech Republic and China are making efforts to promote sustainable development, the two nations enjoy great prospect for cooperation of green development in many aspects, visiting Czech Deputy Prime Minister Richard Brabec said here on Sunday.

Hours before the opening ceremony of the Beijing International Horticultural Exhibition (Beijing Expo), Brabec, accompanying Czech President Milos Zeman to attend the ceremony, inspected the Czech booth on the second floor of the International Pavilion.

Highlights of President Xi's speech at opening of Beijing horticultural expo

BEIJING, April 28 (Xinhua) -- Chinese President Xi Jinping on Sunday delivered a speech at the opening ceremony of the International Horticultural Exhibition 2019 Beijing. Following are some highlights in his speech.

-- I hope the green development concept embodied by the expo park should be spread to every corner of the world.

-- As China has been speeding up ecological civilization development, people will live in a better environment with blue sky, green mountains and clear water.

China's Xi hails $64 billion in new Belt and Road deals

28 Apr 2019; DW: Xi Jinping raised a glass to his signature foreign policy project at a Belt and Road conference in Beijing. While some countries fear that China is using the initiative for strategic gain, others are flocking to join it.

Chinese President Xi Jinping said on Saturday that $64 billion (€57 billion) in infrastructure deals were signed at this week's Belt and Road Forum in Beijing.

China's cosmic ray observatory starts scientific observation

BEIJING, April 28 (Xinhua) -- An observatory for detecting cosmic rays in southwest China's Sichuan Province recently began scientific observation as it launched operation of its first set of detectors, scientists said Saturday.

The project, known as Large High Altitude Air Shower Observatory (LHAASO), is located in the mountains of the eastern Qinghai-Tibet Plateau at an altitude of 4,410 meters.

Cold functional test starts at China's first Hualong One nuclear reactor

FUZHOU, April 27 (Xinhua) -- Cold functional tests began Saturday on a reactor of China's first nuclear power project using Hualong One technology, a domestically developed third-generation reactor design.

The test was conducted on a circuit of the No. 5 nuclear power unit in the city of Fuqing, eastern China's Fujian Province, to evaluate the performance of the circuit system and its supporting facilities under high-pressure conditions, according to the China National Nuclear Corporation (CNNC).

Chinese economy firms up with drastic rebound in industrial profit

BEIJING, April 27 (Xinhua) -- The Chinese economy has shown more signs of firming up, with its major industrial firms posting a 13.9-percent growth in profit in March from a year earlier.

The figure marked a drastic rebound from the 14-percent decline in the January-February period, according to data released Saturday by the National Bureau of Statistics (NBS).

Thanks to the improving performances in March, these firms posted a 3.3-percent decline in aggregate profit for the first quarter, 10.7 percentage points less than that in the January-February period.

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