rimination bent of the law which, in my view, will lead to a significan
t inward flow of foreign capital in key services and advanced manufacturing sectors,” he said.
Overholt said “the list of issues that President Xi has addr
essed are the issues that the business community is concerned about”.
“It is excellent that President Xi recognized some problems,” especially those associated with its Belt and Road Ini
tiative, such as transparency and corruption, said Craig Allen, president of the US-China Business Council.
Experts also were interested in how the reform policies and laws would be implemented, something Xi addressed in his speech.
“People are very positive about the direction, but they need t
o know the details” of how the promises would be delivered, Overholt said.
in fact a type of aluminum alloy that can be used to imitate the shape of traditional Chinese a
rchitecture at a low cost. It is an example of how modern technology is applied at the ex
hibition,” Li Liang, a designer of the pavilion, was quoted by Beijing Daily as saying.
By installing rainwater collection devices on the roofs and tanks beneath the pavili
on, a mini ecological circulation has been created by gathering rainwater to irrigate the terraced fields.
Shen Yanyan, who camea with her family from Jiangxi province for a visit, said that
although she didn’t know much about design, she felt the building was “very cool”.
“We saw its shiny roof upon entry to the park and we were immediately attracted,” said the 33-year-old. “The Chin
a Pavilion is not only beautiful outside, but also inside. My mother is very happy to see flowers from so many pro
vinces and regions of the country, and all are well-trimmed and placed in the pavilion’s exhibition halls.”
The growth of manufacturing activity in China eased in April but remained within expansion territory, adding to the confidence that the country’s economy is stabilizing.
The purchasing managers index for the country’s manufacturing sector came in at 50.1 in A
pril, slightly down from 50.5 in March, the National Bureau of Statistics said on Tuesday.
A reading above 50 indicates expansion, while one below it reflects contraction.
Senior NBS official Zhao Qinghe said in a statement that factory activity continued a steady ex
pansion in April, with the subindexes for production and for new orders standing respectively at 52.1 and 51.4. T
he readings are slightly lower than those in March, but they are higher than the average performance of the first quarter.
“Market demand is driving a stable growth in production,” Zhao said, adding strong growth in e
merging industries, such as high-tech and equipment manufacturing, also contributed to the steady performance.