Cooperation at the ministry’s Office for International Military Cooperation, said that comp
ared with other branches of the military, the PLA Navy plays a relatively larger role in protecting China’s overseas inter
ests and maintaining security in key sea lanes such as the Gulf of Aden and waters off Somalia.
“The PLA Navy is at the forefront of proving that the Chinese milita
ry is an open, cooperative and competent force for peace,” he said, adding that the PLA Navy has f
requently participated in humanitarian rescue missions, naval escorts, joint exercises and exchanges in past years.
“Through these non-war military operations, the Chinese Navy has also improved its capability and operability in dis
tant waters,” Zhou said. “Many security issues around the world require global efforts, and as its capability impr
oves, the PLA Navy can play a bigger part and contribute more to global maritime security.”
Chinese local government bonds worth 1.4 billion yuan ($208.5 million) were snapped up by retail investors within a single day, after counter sales in banks we
re made available for the first time. The fundraising will help supplement a broader fiscal deficit this year, analysts said.
On Monday, individuals in China were able to purchase bonds issued by t
he Zhejiang provincial government (five-year term, 3.32 percent coupon rate) and the N
ingbo city government (three-year term, 3.04 percent coupon rate). Proceeds from the sales will be used for land purchases (300 million yuan) and shantytown renovations (1.1 billion yuan), acc
ording to a notice on the website of China Central Depository and Clearing, a clearinghouse under the central bank.
The minimum investment amount for retail investors is 100 yuan, lower than most wealth management products issu
ed by commercial banks. Previously, individual investors could only purchase bonds issued by the central government, kno
wn as treasury bonds. And before Monday, local government bonds were traded mainly in the interbank market.
inated and inter-connected, and fair and inclusive approach and forge a growth
model of vitality, a cooperation model of openness and win-win results, and a developm
ent model of balance and common benefits, so that people from across the world could share the benefits of economic globalization, Xi said.
This year marks the 70th anniversary of the founding of the People’s Republic of China, Wang said.
During his visit, Xi, based on China’s just-concluded Two Sessions earlier this month, illu
strated to the European leaders the fine performances of the Chinese economy which had overcome multiple challenges in 2018.
Wang said Xi also introduced the newly-adopted foreign investment law, emphasizi
ng that it is necessary to use legal means to better protect intellectual property rights and attract foreign investment.
Xi pointed out that China will continue to push forward all-round reform and opening-up, promote trade and investment
liberalization and facilitation, so that European friends can better share China’s development opportunities.
such an attitude. Any nation with very strong and rapid growth is always in a very difficu
lt position in public opinion because we are afraid about the strength of others,” he said.
“For example, we were afraid of cultural pressure from the United States in the 1960s, and 20 ye
ars later, we had the same feelings against Japan with its technological projects. Now, China is bac
k around the table of big nations. I think we have to accept that and not be afraid, but to discuss.”
Raffarin said the two countries are expected to close contracts and announce new projects. He also
said the dialogue between France and China could be very useful in forming a new vision for multilateralism in a changing world.
In addition to strong existing collaboration between France and China, including in the automotive, aviation and healthcare sectors, Raffarin said the most
important thing for the future of Sino-French relations is to identify third-country projects, such as the Hinkley Point C nu
clear power plant in the United Kingdom, which is jointly financed by China and France, as well as opportunities in Africa.
An additional 14 people were found dead in the latest search and rescue operation after an explo
sion in East China’s Jiangsu province, bringing the death toll to 78, local authorities said on Monday afternoon.
A total of 56 dead have been identified, local authorities said at a news conference, leaving 22 unaccounted for.
Among the 28 missing, 25 have been confirmed to be dead via DNA, with three confirmed safe.
A total of 566 injured people were still receiving medical care in the hospital on Monday, inclu
ding 13 in critical condition and 66 seriously wounded. Thirty-eight were discharged on Monday, according to the news conference.
Medical monitoring at hospitals near the blast site shows no cases of chemical poisoning, the rescue headquarters said on Monday.
In a notice released on Monday, the State Council has ordered a national inspection on poten
tial hazards of dangerous chemicals and safety assessments on all chemical industry parks across the country.
China should be good partners with inclusive interests and pursue common development. Xi called on the two count
ries to boost mutual political trust, enhance communication of policies and support each other’s major concerns and core interests.
China appreciates Italy’s contributions to promoting relations between China and Europe, Xi said, adding that China would like to enhance cooperation with Italy under
multilateral frameworks, including the United Nations and the G20, to support multilateralism and free trade.
Saying that the world is facing unprecedented challenges, Xi added that China w
ould like to make joint efforts with the international community to build a more beautiful world.
This year is the 15th anniversary of the China-Italy comprehensive strategic partners
hip, and next year will be the 50th anniversary of the establishment of diplomatic relations between the countries.
China and Italy have respected, trusted and helped each other for nearly half a century, and t
he two countries have strengthened high-level exchanges and boosted strategic mutual trust, Xi said.