the country will basically realize rural and agricultura

al modernization and ensure that both urban and rural residents enjoy equal public services.

By the middle of this century, digital villages will be completely built nationwide to advance rural revitalization.

To fulfill such targets, the country will accelerate the constructi

on of IT infrastructures in rural areas, upgrading rural internet facilities and information services.

More efforts will be made to boost the rural digital economy, with wider use of digital techno

logies in agriculture and the development of e-commerce and various emerging creative industries in rural regions.

While providing more support for rural technological innovation, the co

untry will strengthen ecological protection in rural areas with digital technologies.

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Over the years, many people have been calling for hotels

 not to provide disposable daily necessities. But some customers say not providing the items would cause them inconvenience.

A latest survey by Ctrip.com shows that more than 80 percent of clients back hotels not providing disposable daily necessities.

Beijing’s Yanqing district plans to help more than 20,000 primary and secondary scho

ol students master skiing and skating skills over the next three years, a move designed to spur enth

usiasm among the district’s residents for the Beijing 2022 Winter Olympic Games and beyond.

Set to run from Feb 4 to 20 in 2022, the Winter Olympics will be held in Beijin

g and co-host city Zhangjiakou in adjacent Hebei province in less than 1,000 days.

Yanqing, 74 kilometers northwest of central Beijing, will host several events, including Alpine skiing, bobsled, skeleton and luge.

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While early-stage Uber investors such as Benchmark, Men

 Ventures, First Round Capital and Lowercase Capital made a killing in the IPO, some late-stage backers did not fare as well.

Japan’s SoftBank Group Corp <9984.T >, for example, invested in Uber in early 2018 at $48.

77 per share. It also bought shares at a much lower price in a large secondary transaction.

To be sure, other IPOs have traded well so far in 2019, including online scrapbook company Pinterest Inc, vegan burger

maker Beyond Meat Inc and video-conferencing startup Zoom Video Communications Inc. But these were mu

ch smaller startups than Uber that did not execute as many frothy fundraising rounds.

Uber Chief Executive Dara Khosrowshahi, who was on the NYSE trading floor to mark the debut, tried to cal

m investors by pointing to the company’s growth prospects and expansion plans.

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gdong province, his administration has established a resea

arch institute to accelerate the development of new apparatuses for underground detection that could reduce interference from human activity.

“We will also explore carrying out observational experiments

in wells from hundred of meters to 1,000 meters deep, and through scientific drilling that will p

enetrate active earthquake faults to gain more information about underground structures,” he said.

Currently, 13 countries have been involved in the project, includ

ing Russia, Egypt and Algeria, and 17 domestic research teams, including one from U

niversity of Science and Technology of China, have started research on the site, Zheng noted.

The site will “offer research teams with observa

tion equipment, support for outdoor observation and data sharing services”, he said.

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In the years since, the country has continued to maint

tain a breakneck pace of economic development, which has brought booming economic prosperity.

Unfortunately, it has also brought a deteriorating environment. Seeing heavy smog, for ex

ample, many people feel that a worsening environment will destroy the happiness brought by economic growth.

Since 2012, the new leadership under President Xi Jinping has put forward a series of ecol

ogical ideas. On Sunday, Xi said at the opening ceremony of the exhibition that “green mountains and cle

ar waters are indeed mountains of gold and silver, and environmental improvement means great productivity”.

This idea, dubbed the theory of two mountains, enjoys immense popular support in China.

Xi, who is also general secretary of the Central Committee of the Communist Party o

f China, urged officials at all levels never to sacrifice the environment for economic growth.

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Facts and figures: Belt and Road Initiativetive, proposed

The Belt and Road Initiative, proposed by China in 2013, aims at building a

trade and infrastructure network connecting Asia with Europe and Africa along the an

cient trade routes of the Silk Road to seek common development and prosperity.

Let’s take a look at some key figures about the initiative.

A new remake of Peking Opera classic Farewell My C

oncubine is expected to premiere for opera lovers in Beijing in late May.

A representative opera piece of the late Chinese theater

mogul Mei Lanfang, Farewell My Concubine tells a love

story based on the legend of Xiang Yu – the warlord of the ancient Chu Kingdom – an

d his beloved consort Yu. Xiang lost a battle for the throne, and Yu committed suicide with his sword.

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Lu Zhenwang, CEO of Shanghai-based Wanqing Consul

ltancy, said: “The lawsuit against Liu will bring damages to the image and reputation of JD, hav

e an impact on investors’ confidence, and cause fluctuations in its share price. Moreover, emp

loyees’ trust in the company may also be affected as the Beijing-based tech heavyweight is laying off staff to cut costs.”

Shen Meng, director of boutique investment bank Chanson & Co, said Liu’s case won’t chan

ge his actual control over JD, which is now making some innovations to reassure investors. Liu owns

15.8 percent of JD’s stock and controls nearly 80 percent of the company’s voting rights.

Liu was detained in Minneapolis, Minnesota, on suspicion of criminal sexual c

onduct on Aug 31 and later released without charge or bail. He returned to China on Sept 3.

In December, Hennepin County Attorney’s Office, the prosecutorial office handling the case announced that no sexual as

sault charges would be brought against Liu as prosecutors could not prove his guilt beyond reasonable doubt.

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“Essentially, it depends on the growth of money sup

pply (M2),” said Sheng Songcheng, a central bank adviser and a former director of the central bank’s statistics department.

The central bank released M2 data on Friday, which recorded a 13-month high of 8.6 percent by the end of March, accelerating from 8 percent by February.

Aggregate social financing, a gauge to measure broader financial activities including trust funds and local govern

ment bonds, also grew faster than market expectations. That total financing amount grew to 2.86 trillion yuan in Mar

ch, or a 11.1 percent growth from a year earlier, compared with 10.6 percent in February, said the central bank.

“According to the latest economic data, there is less necessity for RR

R cuts, but it requires further observation on future changes,” said Sheng.

If the central bank further cuts the RRR, when economic growth is already stabilized, inflation wi

ll surge, and possibly lead to funds flowing into the property sector instead of supporting the real economy, he added.

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For me this record shop felt like the right place to pres

nt the album to the public,” Yang says.Yang was talking a couple of weeks before Record Store Day, an eve

nt that a group of record store owners and employees in the United States establishe

d in 2007 aimed at highlighting the importance of record shops to the music industry.

The first Record Store Day took place on April 19, 2008 and is celebrated

by record stores around the globe. This year’s event takes place on Saturday.

Yang, also a producer and chief executive of Maybe Mars, one of the larg

est independent record labels in China – and whose founding in Beijing coincided with that of Reco

rd Store Day – announced that to mark the day this year the company would hold a live show in the capital on Apr

il 21 featuring three indie rock bands: Lonely Leary, Muzzy Mum and Streets Kill Strange Animals.

Three days before the show the record label will release a compilation of vinyls featuring the three

bands’ latest singles, and P.K 14 will contribute two singles to the compilation.When Yang gets to Free

Sound his fans are waiting in a basement room whose walls are adorne

d with concert postures featuring well-known Chinese rockers such as Dou Wei and Ma Tiao.

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tainers carrying goods for export are seen in Qingdao Port

hina aims to reduce logistics costs by nearly 121 billion yuan ($17.8 billion) this year, the Ministry of Transport anno

unced on Thursday at a news conference of the State Council Information Office.

Spokesman Wu Chungeng said the ministry will unveil a string of m

easures not only to cut costs but to promote innovative development of the industry.

China will continue to increase railway freight volume, upgrade its w

ater transportation system, regulate highway freight transport and speed up mult

imodal transport in a bid to improve its logistics network and optimize its structure, Wu said.

It will also further integrate important ports and harbors into the inland multimodal transport and logistics net

work, which will connect them with more railways and highways and enable improved cargo interoperability, he said.

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