and bilateral issues despite remaining difficulties in bilateral relations, he said.
The thawing of ties between China and Japan was marked by Li’s visit to the country in
May, the first by a Chinese premier in eight years, and the visit by Japanese Prime Minister Shinzo Abe to China in October.
The economic dialogue between the two countries was launched in 2007,
and deteriorated relations due to disputes over a number of issues resulted in an eight-ye
ar hiatus until last April, when the two sides restarted with the fourth round of dialogue in Tokyo.
China said on Monday that the Belt and Road Initiative is open to economic cooperation with
other countries and regions, and it does not become involved in territorial disputes of relevant parties.
Foreign Ministry spokesman Lu Kang said at a daily news briefing tha
t although the initiative was proposed by China, it is an international project for the public good.
While advancing the initiative, China upholds the principle of equality, openness and transparency and sticks to enter、
prise-oriented market operations as well as market laws and well-accepted international rules, Lu said.
cus”, keeping it prudent while the liquidity should be at a reasonably adequate level, it said.
Financial policies are required to further support small and private companies, and fun
ding through the capital market is supported by the authorities, according to the statement.
The central bank had skipped open market operations for 15 conse
cutive working days until Monday. “Reasonable and adequate liquidity in the banking syste
m” was the main reason for the absence of open market operations, according to a statement from the central bank.
To cut or not to cut the RRR, a strong tool for liquidity adjustm
ent, has become a hot topic since April, not only for investors, but also for policy advisers.
Divergent opinions are spreading among a broader group of market observer
s. The market is trying to get more indications from the monetary authority, although the C
hinese central bank barely sends any hints on possible monetary policy operations before taking action.
sing funds for the sake of cost-cutting, Liu said, adding some staff made 80,000 yuan a
month in pilot areas for the new salary regime in southern China’s second and third-tier cities.
Earlier this year, rumors spread that China’s e-commerce giant would can
cel couriers’ basic salary and reduce welfare. The company confirmed the salary adjus
tment plan via its official Sina Weibo account on April 7, saying as the number of orders from individual clients incre
ases, the company is looking to adopt an incentive plan to reward outstanding employees.
JD will reduce its delivery staff members’ salaries by adopting a commis
sion-based payment scheme starting in June and low
er contributions to employees’ housing funds from 12 to 7 percent, Sina Finance reported.
An anonymous courier with JD Logistics said the task of getting more external delivery
orders under the new salary system would be hard to accomplish, and the new policy will reduce their salary, th
e report alleged, though the courier did not indicate an exact amount for the reduction.
Croatia, April 13 — China and the Central and Eastern European Count
ries (CEECs) on Friday agreed to enhance connectivity to achieve more development.
The agreement was part of the Dubrovnik Guidelines for Cooperation between China and t
he CEECs, which was released after the eighth China-CEEC leaders’ meeting in the Croatian city of Dubrovnik.
According to the guidelines, China and the CEECs are willing to pro
mote railway projects cooperation in line with respective laws and regulations and through
consultations, in particular by strengthening exchanges and cooperation on railway planning, railway organiza
tion development, management, technology development, logistics and freight terminal construction.
China and the CEECs will jointly explore utilization and construction of logistics hubs, said the guidelines, adding that China is
welcome to participate in joint development of new freight lines in connecting markets in Asia and Europe, u
nder the understanding that it respects the principles of transparency and non-discrimination.
window to Viennese social traditions, classical music, and Austrian culture.
While recommending three must-see Austrian cities for first-time visitors, ambass
ador Stift gave a surprising answer. While well-known cities like capital Vienna with its iconic concert hall, Mus
ikverein, and Salzburg , once home to Mozart, both make the cut, that doesn’t tell the full story.
Brice Péan, who studied at ski resort Innsbruck, showed his know
ledge of China, mentioning Hallstatt, a small Austrian town modeled on a Chi
nese housing development, as an increasingly popular destination for Chinese tourists.
Consider this video a warm-up for tonight’s ball. If you can’t ma
ke it, stay with China Daily’s app and you’ll have a chance to win a guest gift bag.
We’re sending 10 of these gift bags to readers in our next episode. Stay tuned.