tory as a mirror, and combining their personal ideals with the dream of national rejuvenation, Hu Xianzhong, a senior re
searcher at the China Youth and Children Research Center, said in an article published by China Youth Daily on Sunday.
Since the movement began nearly a century ago, the country’s youth
has been collectively marching with the times and the people under the leadership of the C
PC－whether in periods of revolution, construction, or in the nation’s campaign of reform and openingup, Hu said.
As the centenary of the movement draws near, a good understanding of its history will make yout
hs know more about why their futures are closely connected with the rejuvenation of the Chinese nation so that
they will find their niches and play bigger roles in the country’s socialist cause, he added.
Chen Yuhao, a postgraduate student at the U
niversity of International Business and Economics, said the spirit of patriotism, progress, democracy and s
cience is still the core value of Chinese youth, and should be upheld and carried forward in the new era.
unei’s history, will become the country’s longest sea-crossing bridge with a total length of about 30 km. It is scheduled to open to traffic by the end of November 2019.
The CC4 section of the bridge is constructed by China State Construction Engineering C
orp. At around 11.6 km of the 11.8 km-long section will be a land viaduct traversing the mangrove swamp of the
Labu Forest Reserve, the company has established a set of strict safety and green construction evaluation systems to mee
t the high demand for environmental protection and cope with unprecedented difficulty in construction.
The Padma Bridge, 25 meters in width and 10 km in length, will
be built over the Padma River, one of the three major rivers in Bangladesh.
In June 2016, China Railway Major Bridge Engineering Group Co Ltd was awar
ded a $1.55-billion contract by the Bangladeshi government to build the core structure of the bridge.
The bridge is the country’s largest infrastructure project, as wel
l as the largest foreign bridge project undertaken by Chinese companies in terms of total cost.
Once completed, travel time between the capital, Dhaka, and the southern city of Khulna will be shortened to about three hours from 13 hours.
development in China, and the EU welcomes China’s willingness to share its development opportunities.
Chinese enterprises are welcome to invest in European countries, said the European leaders, adding that they will not adopt restrictive measures against specific com
panies, and are willing to provide a fair, open and transparent business environment for all foreign enterprises.
During the visit, Peng Liyuan, Xi’s wife, also attended a number of events aimed at deepeni
ng cultural and educational exchanges between China and the European nations.
As a special envoy of the United Nations Educational, Scientific and Cultural Organization (UNESCO) for the advanceme
nt of girls’ and women’s education, Peng was invited to visit the headquarters of the UNESCO in Paris.
Wang said Peng’s visit highlighted China’s image of a hardworking, responsible maj
or country that actively participates in international education, gender equality and other affairs.
are available,” Huang said. How soon the first company will go public on the new board depe
nds on different factors, including the preparatory progress of the companies and their investment banks, he added.
Enterprises qualified and willing to go public on the n
ew board are mainly concentrated in such areas as information technology, biomedicine, high
-end manufacturing and new materials, Huang said, adding that the bourse has done lots of research on them.
“They feature relatively high research and development expenditures, and rather good growth prospects.”
Dong Dengxin, director of the Finance and Securities Institute at the Wuhan University of Scien
ce and Technology, expects that both the detailed rules and the list of the first companies involved are likely to come out in March.
“China is pushing the new board forward at full speed, which can foster innovatio
n-oriented growth through inclusive listing rules and offset this year’s economic headwinds,” Dong said.
Yi said the new board aims to better serve innovation-orie
nted enterprises and will serve as a prelude to capital market reforms of a broader scope.
The commission will carefully evaluate the effect of various reform and innovation m
easures on the new board. Based on that, fine-tuning measures for ChiNext and the National Equities Exc
hange and Quotations system can be advanced in a coordinated way, Yi stressed.
systemic financial risks, are the fundamental tasks of financial work, calling for accelerated construction of the fina
ncial market infrastructure and advanced efforts to nationalize key information infrastructure in the sector.
He also urged solid statistics in the financial sector and improvement in the warning system and rules on information disclosure and management.
Education and supervision of senior officials of financial institutions and regulators sh
ould be enhanced, and more should be done to fight corruption in the financial sector, Xi said.
He called for dynamic supervision of domestic and cross-border capital flow to enable financial watchdogs to fully monitor all flows.
Xi said tasks for the reform and opening-up of the financial sector should be well implem
ented, calling for the preparation and the rolling-out of new reform and opening-up measures based on
the latest development of global economy and finance as well as the strategic needs of China.
Reforms including revamps on market access system and trading regulations should be deepened, and regulators should take a two-pronged appr
oach of enforcing both macro-prudential management and micromanagement of behaviors, he said.
He said those causing major financial risks due to their breaches such as lax regula
tion, cover-ups or decision-making failures must be held accountable and face serious punishment.
Efforts should be made to address the current situation where the costs of legal and
regulatory breaches in the financial sector, especially capital markets, are too low, Xi said.
Xi urged enhancing the global competitiveness of China’s financial sector, elevating the two-way opening-up to a highe
r level and beefing up capabilities of financial management and risk prevention and control amid greater opening-up.