Those involved in the BRI will strengthen synerg

y in development plans and initiatives of various countries and international organizations and in

tensify bilateral and the third-party market cooperation to help more countries raise their level of connectivity, Xi said.

He added that participants agreed that Belt and Road forums are an important platform for multilateral co

operation and should be held on a regular basis.

President calls for countries’ joint efforts in building Belt, Road in forum speech

President Xi Jinping pledged on Friday to take strong measures such as easing market

access for foreign capital and increasing imports to promote the higher-level opening-up of the country.

While delivering the keynote speech at the opening ceremony of the

Second Belt and Road Forum for International Cooperation in Beijing, Xi said that the p

urpose of building the Belt and Road is to achieve win-win cooperation and common development.

China will increase imports of goods and services on a larger scale, and it will further lower its tariff rates, Xi said.

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Pledges at forum draw overseas experts’ praise

The international community has hailed President Xi Jinping’s call on Friday to ease market

access for foreign capital and increase imports so that opening-up reaches a higher level.

Xi said in his keynote speech at the opening ceremony of the S

econd Belt and Road Forum for International Cooperation in Beijing that the purpose of buil

ding the Belt and Road is to achieve win-win cooperation and common development.

China will increase its imports of goods and services and will further lower its tariff rates, Xi said.

Francis Chua, chairman emeritus of the Philippine Chamber of Commer

ce and Industry, noted Xi’s emphasis on quality imports and state-of-the-art products.

“China will keep its commitments,” said Chua, who was attending the forum as a member of the Philippine business delegation.

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Production and sales of these firms picked up in Mar

with the aggregated industrial value added expanding by 8.5 percent year-on-year, 3.2 percentage points

higher than that in the January-February period.

Operation revenue jumped by 13.7 percent year-on-year i

n March, 10.4 percentage points more than that in the January-February period.

Stabilizing prices served as another driver of the rebound, according to an NBS analy

sis. The producer prices rose 0.4 percent year-on-year in March, ending a decline for eight months in a row.

The purchasing prices for raw materials edged up 0.2 percent from a ye

ar ago, 0.1 percentage points higher than that in the January-February period.

Preliminary estimates showed that the price changes added 26.8 billion yuan to industrial profits in March, and the cont

ribution of price changes to industrial profit growth rose by 4.5 percentage points from that in the Ja

nuary-February period, said senior statistician Zhu Hong from the NBS’s Industrial Bureau.

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Liu also announced that a multilateral development

financing cooperation center has recently been established — jointly with eight multilateral develo

pment institutions including the World Bank, Asian Development Bank and Asian Infrastructure In

vestment Bank — to prepare for “high-quality” projects and promote international standards for BRI financing.

Chinese financial institutions have provided more than $440 billion for BRI infrastructure projects. Renminbi-denom

inated overseas investment funds amounted to over 320 billion yuan ($47.49 billion) and the Chinese capital mark

et has helped companies raise 500 billion yuan through equity funding. BRI countries and companies have issued mor

e than 65 billion yuan in Panda bonds in the Chinese onshore market, according to the central bank.

The World Bank said BRI cooperation is predicted to reduce global trade costs by 1.1 percent to 2.2 percent in 2019.

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While the New Zealand attacks were crimes committ

tted by a white extremist against the local Muslim society, Islamic extremists were behind the atrocities that mainly targeted Christia

ns in Sri Lanka, with the Islamic State terrorist group claiming responsibility, although this has yet to be verified.

But, no matter who is behind such attacks, countries should not stand idly by or question another cou

ntry’s anti-terrorism initiatives. They should work together to fight all forms of extremism and terrorism, no matter the religion or rac

e behind them. Countries need to support each other’s efforts in this regard and share information and intelligence as nu

merouWith the IS group losing ground in the Middle East, thousands of IS fighters have fled and infiltrated other cou

ntries. Not to mention that extremist ideology of various forms still remains rampant thanks to its dissemination on socia

l media.s bloody lessons have repeatedly shown us that terrorists know no national boundaries.

Coordinated actions key to countering terrorism: China Daily e

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Only a united global community can uproot both th

terrorist cells and the soil that breeds them. Countries with different political and so

cial systems should overcome any biases and abandon any double standard so as to form a united front against global terrorism.

The atrocities in New Zealand and Sri Lanka show even countries th

at seem to have a low risk of becoming the target of terrorists cannot remain immune to the scou

rge. To win a battle against terrorism, the world needs to address both the symptoms and root causes of terrorism.

In the end, instead of pointing fingers, it is essential that countries enhance both the effect

iveness and efficiency of their cooperation with real coordinated actions.The much anticipated Russia-DPRK

summit is seen as a possible chance to break the deadlock in denuclearization talks, ease Pyongyang’s sancti

ons pressure and catalyze a new drive for economic development in the region, analysts said.

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sees stronger ties with Chilectivity with Latin s hig

Interconnectivity with Latin American countries high on bilateral talks agenda

China and Chile should connect their development strategies and promote interconne

ctivity between Chile and other Latin American countries, President Xi Jinping said on Wednesday.

Xi made the remark while meeting with Chilean President Sebastian Pinera in the Great Hall of th

e People in Beijing. Pinera is on a five-day state visit and planned to attend the Second Belt and Road

Forum for International Cooperation. Premier Li Keqiang also met with him on Wednesday.

Xi said Chile is the first South American country to have established diplomatic relation

s with China, and the first Latin American nation to fully acknowledge China’s status as a market-oriented economy.

Xi said that Chile, the first Latin American country to have signed a bilateral free trade agreement with China an

d to have upgraded the agreement, is an important cooperation partner in jointly building the Belt and Road.

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The two countries should take the opportunity to join

intly build the Belt and Road, deepen mutual political trust and pragmatic cooperation and pr

omote the development of the China-Chile comprehensive strategic partnership to a higher level, Xi said.

The two countries should promote the upgrading of bilateral tra

de and investment and enhance cooperation in such areas as minerals, clean energy, infor

mation technology, e-commerce, innovation and scientific research on the Antarctic, he said.

Xi called on the two countries to make joint efforts to celebrate the 50th anni

versary of China-Chile diplomatic ties next year and promote people-to-people exchanges.

China supports Chile’s hosting of the United Nations climate change confere

nce and the Asia-Pacific Economic Cooperation economic leaders’ meeting this year, Xi said.

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The reception followed a meeting of Russian and DPRK

delegations, which was preceded by a one-on-one meeting between Putin and Kim.

Kim arrived here in his train on Wednesday for his first meeting with Putin.

The meeting came at a time when tensions were growing between the DPRK and t

he United States.At the end of 2018, Australia became another “surveillance state” with the passing of the T

elecommunications and Other Legislation Amendment Bill or the Assistance and Access Bill 2018.

Last week, the DPRK test-fired a new tactical guided weapon and requested Washi

ngton to exclude U.S. Secretary of State Mike Pompeo from future negotiations.

In response, Pompeo swept aside Pyongyang’s demand ab

out replacing him by someone “more careful and mature” to deal with the talks.

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Regarding the second Belt and Road Forum for Intern

ational Cooperation, to be held in Beijing on Thursday through Saturday, S

ong said the ministry will help deepen economic and trade cooperation with other coun

tries. “China will build more free trade zones with countries that are willing to do so,” Song added.

“As for the existing free trade zones, we will reduce administrative barriers in trade

and investment and push the formation of a big Belt and Road marketplace.”

While some critics have argued that the initiative will lead countries i

nto debt traps, Song said debt can be solved through joint efforts to promote the devel

opment of BRI economies. “Even though some countries may have high debt levels, as their pace of indus

trialization, urbanization and modernization accelerates, their debts will gradually decrease.”

Joe Kaeser, president and CEO of Siemens AG, said, “If an initiative like the BRI unifies more than two-thirds of the global

population, it will create massive infrastructure and economic movement that will build its own rules.”

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