Monthly Archive April 2019

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kely to attract millions of people across Chin

to skiing, skating and other winter sports, which in turn will promote more national and int

ernational winter sports events. With the aim to better develop winter sports, governments at all levels shou

ld issue policies to encourage more people, in particular, teenagers, to follow and play winter sports.

Besides, the government should learn from the experiences of Nordic countries how to increase the popularity of winter sports.

Li Hai, director of the School of Economics and Management, Shanghai University of Sport

Concerted efforts to develop winter sports

Winter sports have become increasingly popular in recent years, especially after China won the bid to host the 2022 Winte

r Olympics, creating a huge opportunity for the development of the winter sports industry.

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As the social sector plays a crucial role in the dev

elopment and popularization of sports, including winter sports, we sh

ould advocate and support its growth. Since the winter sports industry is part of the gene

ral sports industry, the expansion of the former automatically means the expansion of the latter.

Some local governments have used winning the bid to host the 2022 Winter Games as an in

spiration to popularize winter sports among children and youths. For example, some departments have

hosted various theme activities to spread knowledge about and attract more people to winter sports.

Since advancement in winter sports also signifies a country’s comprehensive sports s

trength, we should make concerted efforts to develop winter sports in China.

Zou Xinxian, director of Management School, Beijing Sport

University
The views don’t necessarily represent those of China Daily.

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According to the office, more than 100 social ins

titutions, companies and colleges in Beijing, including the Beijing sub-council of the China Council for the Promotion of Inte

rnational Trade, Beijing Enterprises Group Real-Estate Co and the Beijing Forestry University have participated in nong

overnmental exchange projects in countries such as Cambodia, Mongolia, Myanmar and Nepal.

Generally, those Belt and Road projects involve such fields as business cooperation, cultura

l exchanges, protection of women and children, charity, environmental protection and responses to natural disasters.

In 2018, Beijing and Phnom Penh, Cambodia, became sister cities.

Beijing Enterprises Group has been working on a Sino-Camb

odian special economic zone which is planned to be built as a new industrial city.

Qian Xu, president of the group’s Real-Estate Co, which is in charge of the project, said the company has completed the

regulatory planning process for the special economic zone and will start on infrastructure construction soon.

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Benat opened the scoring for the home side with a

spectacular 41st minute free kick, but Borja Baston equalized four minutes later in a game in which both teams looked flat in their third game in seven days.

Leganes and Celta Vigo drew 0-0, which draws Celta a point closer to

survival and means they remain unbeaten since Iago Aspas returned to the side after injury.

In overseas ventures, insurance gives firms a sure footing

Overseas investment inevitably means risks and uncertainties for Chinese comp

anies, but many have started using insurance services to help control and reduce risks.

“Chinese companies face new situations while investing overseas, namely that global politi

cs and economics have become more complex,” said Wang Tingke, general manager of China Export and Cr

edit Insurance Corporation, or Sinosure, China’s State-funded policy-oriented insurance company.

“So while going abroad, Chinese companies need to i

ncrease their awareness of risks and set up comprehensive risk management systems.”

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Bridge of dreams brings two halves together

It’s so close, and yet it always seemed so far away. To get to the rur

al district just a few hundred meters away on the other side of the bay, locals used to have to ju

mp on a boat or drive about 160 kilometers-part of that journey on dusty, unsealed road.

Now anyone wanting to get from downtown Maputo

, capital of Mozambique, to Katembe, or vice versa, can do so with ease, and in a matter of min

utes, thanks to the longest twin-tower suspension bridge in Africa, that hangs over Maputo Bay.

“Mozambique had long planned to build a bridge linking the north and south of the bay, bu

t nothing came of them because of a lack of financing and technological difficulties,” said Wang Li

jun, vice-president of China Road and Bridge Corporation, which built the bridge.

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In terms of transportation methods, high-speed train is

 preferred by travelers for the four-day vacation. In most cases, it takes travelers under five hours to get to their destinations.

In addition Shanghai’s Disney theme park, Guangzhou’s Chimelong Safari Park and Cho

ngqing’s Hongyadong were predicted to be the hottest three tourist attractions on the Chinese mainland.

Two thousand years ago, the ancient Silk Road opened the door for Chengdu to connect with th

e rest of the world. Now, fueled by the Belt and Road Initiative, the city again stands at the forefront of ope

ning-up, developing its industries, creating value and making innovations on the global stage.

The first freight train from Luxembourg to Chengdu departed on April 4. The train, branded under the “China Railway Express” bann

er, passed through Germany, Poland, Belarus, Russia and Kazakhstan, and then entered China through the Al

ashankou port in the Xinjiang Uygur autonomous region. The travel time, from start to finish, was 15 days.

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Thanks to Chengdu’s geographical advantages with

regard to the Belt and Road Initiative, local companies have linked to global markets more frequently. Companies that

used to lack the confidence to go global began taking the step. Companies that have had export business for years upg

raded their product structure and expanded their business to production capacity cooperation and technological export.

Chengdu Xinzhu Road and Bridge Machinery is a prime ex

ample. The company was founded as an infrastructure company, and its business has exp

anded to include new energy and railway traffic. In September 2018, the company’s production base at the China-Bela

rus Industrial Park in Minsk was launched to produce super capacitors used in buses. They’re the first high-tech manu

facturer to begin operation in the park. Before that, the company mainly exported parts used in roads and bridges’ construction.

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The Belt and Road Initiative aims to build the Silk R

oad Economic Belt and the 21st Century Maritime Silk Road and deliver policies, infrastructu

re, trade, financial and people-to-people connectivity via a new platform for a brighter future.

Tesla Inc lost $700 million in the first quarter but predicted it wou

ld return to profit in the third quarter as it cuts costs an

d improves delivery after facing issues ramping up shipments outside the United States.

Shares of Tesla were about flat after the results, which came more than an hour afte

r they were expected and after a sales contraction in the quarter raised investor concerns.

The company, which many analysts predict will need to raise

funds for its expansion, said it ended its first quarter wi

th $2.2 billion in cash after paying off a $920 million convertible bond obligation in March.

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The remote sensing can also be used in making elec

ctric and visual files for water source protection zones after matching the satellite remote sensing images and the ground si

tuation. Such work has been trialed in four cities. In the future, satellite remote sensing will become a nor

mal method in everyday law enforcement of water sources and long-term supervise.

“The innovation of using satellite remote sensing in water protection has

made water source protection precise and intelligent. The management of water sour

ce no longer totally depends on manpower,” said Yao Yanjuan, expert of satellite center with the Ministry of Ecol

ogy and Environment.Baishatuo Yangtze River railway bridge, a decades-old structure in Southwest China’s Cho

ngqing municipality, was officially retired from service on Tuesday. Completed in 1959, the 820-meter-long tru

ss bridge which carries two tracks of the Chongqing-Guiyang Railway was the first bridge over the Yangtze River in Chon

gqing and only the second along the main stretch of the river between Yibin city and the river mouth in Shangha

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water resources while one-fourth of provincial regi

gions are facing severe lack of water, the institute said. In the meantime, urbanization has increased the amount of waste

water by 4.2 percent annually, from 48.5 billion metric tons in 2013 to 57.1 billion tons in 2017, it said.

China lags behind leading economies in water-use efficien

cy, said Yuan Da, the NDRC spokesman. Every 10,000 yuan in indu

strial added value consumes 45.6 cu m of water, double that for developed economies, he said.

Water conservation should be promoted from developing, using an

d protecting the natural resource with careful all

ocation, said E Jingping, minister of water resources, in an article published by People’s D

aily late last month. Projects that do not pass water conservation assessments will not be approved, he said.

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