Gao cited data to rebut that view and urged AmCham Chi

ina to evaluate China’s market access and business environment for foreign investors in a “comprehensive, objective and fair” way.

The ministry’s data showed that US investment in China jumped 71.3 percent year-on-ye

ar in the first three months of this year. In 2018, US investment increased 7.7 percent year-on-year.

Gao said expansion of the investment figures fully demonstrates that US compan

ies continue to be optimistic about the market and accelerate the pace of investing in China.

Gao cited another survey published in February by AmCham China that showed that most US

companies with operations in China said they have continued to see their revenues grow there.

Gao said the ministry will maintain close contact with foreign enterprise

s and business associations, and continuously improve China’s business environment.

hdflower.net.cn

Vehicle sales in China continue to drop, NEV sales rise

hinese sales of passenger vehicles, MPVs, SUVs and minivans in March dropped 12 percent on a yearly basis to 1.78 million units.

This is the 10th consecutive monthly decrease, according to the C

hina Passenger Car Association (CPCA), Changjiang Times reported.

The MPV sector saw the largest sales decline, 20.2 percent to 130,000 units in the pas

t month, while SUVs and sedans dropped 10.7 and 12 percent, respectively.

The decreases in 2019’s first quarter are mild compared with those at the end of the last year, CPCA said.

As the State-VI emission standards will be implemented from July 1 this

year, some Japanese brands have launched corresponding products ahead of their co

unterparts, and performed well in sales and consumer confidence, CPCA said.

“Automobile sales in North China, and those in the county and township level, are still weak,” the association added.

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They are both staunch supporters of free trade and mul

ultilateralism, and with the United States increasingly opting for unilateralism in international affairs, China and the EU can str

engthen their coordination within the framework of the United Nations and buttress the role of multilateral mecha

nisms including the World Trade Organization and the International Monetary Fund.

Beijing and Brussels are also two important voices advocating internati

onal efforts to combat climate change and promote sustainable development.

It is hoped that the leaders attending the China-EU Summit in Brussels will send positive signals that the two sides are commi

tted to deepening their strategic and reciprocal cooperation. By strengthening their consensus and solida

rity, they can boost confidence that they will work together to address shared and global challenges.

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Flight systems, however, typically are built with a

 backup system so there can be no single point of failure. Since the crashes of Max jets in Indonesi

a in October and Ethiopia last month, Boeing has modified design of the anti-stall device to include two sensors on all aircraft.

The FAA allows airlines to make minor modifications in previously certified

aircraft to meet their operational needs, a rule Boeing followed in building the 737 Max for

foreign carriers. Ethiopian Airlines and Indonesia’s Lion Air — involved in fatal crashes five months apart — repo

rtedly declined to buy two add-on safety devices that might have helped the pilots keep the doomed planes in the sky.

Neither airline purchased the “angle of attack” system display for readi

ngs of two sensors rather than one and a “disagree light” to be activated if the sensors prod

uce conflicting readings. The Lion Air crash in October killed 189 passengers and crew.

Airlines around the world, including China and the US, have flown the 737 Max, introduced in 2018, without incident.

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Obscure parliamentary procedures have been resurrecte

 providing daily drama from the House of Commons but making the future of Britain’s biggest change in generations no clearer.

After finally recognising that her minority Conservative g

overnment could not push through a Brexit deal on its own, May started talks this w

eek with Labour leader Jeremy Corbyn in the hope of coming up with a cross-party solution.

But that means accepting the need for more time, including the possibility of Britain hol

ding European Parliament elections on May 23, which May has long hoped to avoid at all cost.

“The United Kingdom proposes that this period should end on 30 June 2019,” May said in the letter.

“The government will want to agree a timetable for ratification that allows the United Kin

gdom to withdraw from the European Union before 23 May, 2019, and therefore cancel the European Parlia

ment elections, but will continue to make responsible prepara

tions to hold the elections should this not prove possible.”

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Meanwhile, automakers’ recommended retail priwas

 on a decreasing streak. Imported models of Ford Motor (China) abated as much as 34,000 yuan, compared with Volkswagen Multivan’s highest cut of

13,300 yuan and some models of FAW Toyota’s 11,000 yuan, said Chinanews. As China International Capital Corporation Lim

ited analyzed, automobile, real estate and medicine industries will enjoy the largest scale of tax reduction; and the bigge

st rise in net profit as a result of tax cuts will go to coal, food and beverage, electricity industries.

Nur Bekri, former head of the National Energy Administration, has been arrested

for taking bribes, said the Supreme People’s Procuratorate on Tuesday, Xinhua reported.

Nur Bekri, also former deputy head of the National Development and

Reform Commission, was investigated by the Communist Party of China Central Com

mission for Discipline Inspection and the National Supervisory Commission.

The former chairman of the Xinjiang regional governm

ent was named new head of the National Energy Administration on Dec 31, 2014.

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The announcement was a rare move for Apple, known in

the electronics industry for keeping tight wraps on product plans until it publicly launches them at

splashy events in Silicon Valley. The early announcement of AirPower, along with a wirelessly char

ed version of its AirPods headphones, was a break in that tradition. Apple released the updated AirP

ods last week, heightening speculation that the accompanying charging mat would come soon.

Daring Fireball, a website that covers Apple news, previously reported that Apple engineers h

ad issues with devices overheating on the AirPower pad. Apple declined to comment beyond its statement on the project.

Apple offered wireless charging in the iPhone in 2017, after many of its

rivals such as Samsung Electronics Co Ltd had offered the feature for several years. Whil

e rumors circulated that Apple might create its own unique wireless charging technology, the company instea

d chose to use a system that works with Qi, an open industry standard already in use by Samsung and others.

Apple shares did not move on the news, and shares of NXP Semiconductors and STMicro

electronics, two major suppliers of chips used in Qi systems, appeared to be unaffected also.

www.ex079.cn

The European leaders said they are glad to see a greater

 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.

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he introduced measure is to “offer convenience for the pub

and greatly improve our work efficiency”, according to a released statement at a news conference held by the administration on Tuesday.

In the past, the residents in Chinese mainland could only apply for permits in their house

hold registration places with relevant documents, including identification card, hukou and application form.

National Immigration Administration holds a press conference on March 26, 2019.

Under the new measure, the residents will provide the same documents to apply for th

e passports and travel permits in their nearby exit and entry management departments, it said.

With the rapid development of China’s economy and society, a growing

number of people have been living, stuadying and working away from their hometown, and th

ere has been a strong demand for them to apply for the passports or travel permits in different places.

Data provided by the National Immigration Administra

tion show, this year, an estimated 21 million people will apply for passports and travel permits in di

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The 10 percent deduction rate, which applies to buyers of ag

ricultural goods, will be cut to 9 percent, said the statement.

“The VAT reform is not simply lowering the tax rate, but focusing on the integration with the overall tax reform. It has continued to ma

ke progress toward the long-term goal of establishing a modern VAT system, and it also leaves room for cutting the number of VAT brac

kets from three to two in the future,” said Wang Jianfan, director of the department of taxation under the Ministry of Finance.

To implement the statutory taxation principle, China will also accelerate legislation to deepen VAT reform, Wang said.

The joint statement came after Premier Li Keqiang said on Wednesday that China will imp

lement a series of measures to cut VAT rates and ease the tax burden in almost all industries.

Earlier this month, Li said in his 2019 Government Work Repo

rt that VAT reform was key to improving the tax system and achieving better income distribution.

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