China announces new tariffs on US goodsday that it wil

China said late on Monday that it will increase tariffs on the bulk of $60 billion of US imports to three categories of rates between 10% and 25%.

For the rest of the $60 billion US imports, the duty rate will remains at 5 percent.

The tariffs will hit around 5,000 products and will take effect on June 1.

It is China’s latest response to the additional US tariffs on $200 billion of Chinese goods, which were implemented on Friday morning.

The move fully demonstrates Beijing’s firm determination to defend its due interest

s and legitimate rights in international trade and economic cooperation, according to analysts.

Guanxi, compadrazgo and bapakism. Three words from China, the Philip

pines and Indonesia that encapsulate the same values of the vast continent through the a

ges-a shared belief in the importance of the family and the community over the individual.

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Govt should accelerate tax cuts to invigorate economy, pre

Premier Li Keqiang urged government departments to speed up the implement

ation of tax reductions to invigorate the country’s economy, amid rising uncertainties about growth on Friday.

Li was speaking with entrepreneurs from the manufacturing, constructio

n and service sectors at the Zhongnanhai leadership compound in Beijing.

The businesspeople said they have received benefits from the tax reduction measures in t

he past months, after the measures were introduced by Li in the Government Work Report in March. Th

ey also offered advice on how to further ease the tax burden on businesses.

After hearing their opinions, Li called tax reduction a great decision

made by the Communist Party of China Central Committee and the State Council. It has boosted

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China’s determination to expand opening-up and the ong

going reform measures have made its financial market increasingly appealing to overse

as investors,” the administration said on Monday in a statement on its website.

“The administration will continue to support the opening-up of financ

ial markets, meet demand from overseas investors to expand investment in the ma

rkets and attract global long-term capital to enter China’s financial markets,” it said.

Given the stable performance of the yuan and expectations of balanced capital flows, China’s fore

ign exchange reserves remained stable in April, reaching $3.095 trillion by the end of last month, co

mpared with $3.099 trillion by March, according to data released by the administration on Tuesday.

China is willing to see the accelerated development of the onshore capital market, said analysts, allowing direct fi

nancing to play a more significant role in allocating savings and investment, and better serve the economy.

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Other commonly used disaggregated growth meas

ures are consistent with the top-line measured GDP growth number. For example, production and

supply of electricity, thermal power, gas and water increased by 7.1 percent in the quarter. Pl

us, value-added index of transport, storage and post increased by 7.3 percent.

A closer look at the highest growth sectors shows that the economy is moving toward the long-term goal of shif

ting away from a development strategy based on heavy investment in industry and

infrastructure to one based on services and domestic consumption. Also, more productive industries that tur

n out higher-value added goods are growing at a much faster rate than traditional heavy industry.

Among large companies, State-owned enterprises grew 4.5 percent yea

r-on-year while shareholding enterprises grew almost twice as fast, at 7.8 percent. So, stro

ng progress is being made toward the goal of promoting private enterprise, which was re

inforced by many policies announced at last month’s meeting of the National People’s Congress.

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reviews naval parade on 70th birthday of Navy

Xi reviewed 18 vessels from 13 countries invited to participate in a naval parade on Tuesday afternoon.

The foreign vessels in the waters off eastern China’s coastal city of Qingdao saluted

Xi, who was on board the destroyer Xining, in their traditional manners as they passed by.

The destroyer Xining sounded its horn to ret

The vessels whistled and officers and soldiers stood in a ceremonial formation, saluting Xi as they passed by.

“Salute to you, comrades,” Xi called out to the officers and soldiers.

“Hail to you, chairman,” they replied.

Xi alternated the greeting with “Comrades, thanks f

or your hard work,” to which the officers and soldiers replied “Serve the peop

urn the salute, and Xi waved to the naval officers and soldiers aboard the vessels

i onboard the destroyer Xining gave an order to commence the naval parade on the sea off Qingdao at about 2:30 pm Tuesday.

A total of 32 vessels of the People’s Liberation Army Navy sailed in six groups, and 39 warplanes of the navy flew in ten echelons.

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Seven arrested as Sri Lanka bombings death toll rises to 207

The death toll from a rash of bombings at churches and hotels in Sri Lanka rose past 200, police and local media said.

“Altogether we have information of 207 dead from

all hospitals. According to the information as of now we have 450 injured peop

le admitted to hospitals,” Police Spokesman Ruwan Gunasekera told reporters in Colombo.

Altogether eight explosions have ripped through the country so far, with six blasts hitting in t

he morning and two in the afternoon. The curfew has been imposed from 6 pm Sunday to 6 am local time on Monday.

The Morning explosions occurred when hundreds of worshipe

rs gathered at churches to commemorate Easter Sunday, the police said.

Police spokesperson SP Ruwan Gunasekara said two explosions were reported fro

m St. Anthony’s Church in Kochchikade in capital Colombo and another church in Katana on the outsk

irts of the capital; a third explosion was reported from a church in Batticaloa in the east.

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Customs makes its biggest tusk bustuangpu Customs Distri

China’s customs officers have seized 2,748 ivory tusks weighing a combined 7.48 metric tons after cracking a major smuggling case.

It was the biggest haul of tusks ever recorded in an anti-smuggling bust conducted in

dependently by customs officers, the General Administration of Customs said on Monday.

The case was solved in March after a combined operation of differ

ent customs offices lasting three months. A total of 238 custo

ms officers took part from cities around the country, including Hefei, Nanjing, Beijing, Fuzhou and Qingdao.

Twenty suspects were detained for further investigation, accor

ding to Sun Zhijie, director of the administration’s anti-smuggling bureau.

Sun said the tusks, illegally shipped from African countries, were imported into China labeled as wood.

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to ease permanent residency requirements in large cities

China said Monday it will ease the requirements for permanent residency in many large cities as part of its new urbanization push.

Restrictions on permanent residence permits should be scrapped in cities with populations betw

een 1 million and 3 million, according to a document outlining key urbanization tasks this year release

d by the National Development and Reform Commission, the country’s top economic planner.

For cities with populations of 3 million to 5 million, the qualifications for such permits should be “fully relaxed,” and the restrict

ions for certain key groups of people to get such permits should be removed, the document said.

Previously, the country has already gradually abolished permanent residency r

estrictions in small and medium-sized cities and towns with populations below 1 million.

The NDRC document also demanded cities with populations abo

ve 5 million to improve their policies and drastically expand the scale of permanent residency.

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Guns, tanks are modified to fight forest firesguishing guns h

Fire departments across China are on high alert each spring, when forests are prone to erupt in flames.

At least eight forest fires have occurred since the start of this year, with the deadliest killing 30 people who were fighting it.

In an attempt to improve the efficiency of firefighting operations and reduce safety risks, fire depa

rtments have begun to adopt machines such as specially modified artillery guns and tanks.

According to China North Industries Group Corp, commonly kn

own as Norinco, eight long-range fire-extinguishing guns designed and built by the com

pany arrived in Guojiaping village in Changzhi, Shanxi province, on Sunday at the request of provincial auth

orities to help quench the fire that had raged on a nearby mountain for several days.

The guns were used on Monday to launch shells containing fire-exti

nguishing agents onto the hill. With their assistance, firefighters were able to put out

the blaze by afternoon, the State-owned defense conglomerate said on Wednesday.

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calls on civil affairs authorities to improve publi

President Xi Jinping called upon civil affairs authorities to focus their efforts on meeting the requirements of poverty red

uction, special groups and matters of public concern in an instruction released on Tuesday.

The remark by Xi, also general secretary of the Communist Party of China Central Committee and chairman of Central Mil

itary Commission, came as the 14th National Conference on Civil Affairs began in Beijing on Tuesday.

Xi said work related to civil affairs is related to the public’s well-being and the hearts a

nd minds of the people, and it is also fundamental work that extends a helping hand to those most in need.

Party committees and governments at various levels should stay committed to a people-cent

ered approach and improve their capacities in civil affairs services at the primary level, he said.

He also urged civil affairs authorities to enhance their Party building, stay comm

itted to advancing reform and innovations, better assume their responsibilities in ensur

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