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Renminbi to remain stable, regulator saysknotes at a ba

Central bank vice-governor voices confidence amid currency volatility

The monetary authority vowed to stabilize the renminbi amid escala

ted trade tensions, while continuing to push forward financial opening-up and pr

otecting overseas investors’ legal rights, said a senior official from the central bank on Sunday.

“We have the foundation, confidence and capacity to maintain a stable foreign exchange ma

rket in China, and keep the renminbi exchange rate at a reasonably stable equilibrium,” said Pan Gongsheng, vi

ce-governor of the People’s Bank of China, the central bank, said in a statement on its website.

Before his pledge, the onshore renminbi rate depreciated to 6.9182 per do

llar at Friday’s close, the weakest level since December, and the offshore renminbi rate h

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The capital issued blue alert for strong winds on Sunda

with five suburban districts of Tongzhou, Yanqing, Changping, Huairou and Shunyi upgrading it to yello

w alert later. These areas were hit with strong winds as high as 8-9 grades, with gales reaching 10 grade

at some places. According to forecast, the wind could still be as high as 7-8 grades on Monday.

The gale toppled a wall near Dongzhimen Bridge in downtown Beijing, hitting three pedestrians,

two males and one female. Two of them died at the scene and one at hospital, Dongcheng District said via Sina Weibo.

Food delivery service Meituan said one of its deliverymen was hit and killed by a fallen tree when delivering food.

The speed of wind reached 10-15 meters per second at the Capital International Airport starting from 10 a

m Sunday, with gales as fast as 20-25 meters per second, the airport said. Due to the strong wind, th

e operational ability of the airport dropped and remained low until 7 pm Sunday.

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At 65 meters in diameter, the radio telescope Tianma-or

 heavenly horse-located in the suburban Songjiang district, is the largest omnibearing movable telescope in Asia an

d is ranked third in the world in comprehensive performance. It began providing celestial observations in 2012.

While Tianma was not directly involved in the observations that led to the black hole image, its ability to see other phenome

na in the universe on certain wavelengths, contributed to the precise calibration of the final data for the image, s

cientists in Shanghai said. Tianma is part of the East Asia Very Long Baseline Interferometry Network, or EAVN.

Shen Zhiqiang, head of the Chinese Academy of Sciences’ S

hanghai Astronomical Observatory and a member of the Event Horizon Telescope (EHT) inter

national team that assembled the black hole image-more than 200 astronomers worldwide linked via a g

lobe-spanning array of eight ground-based radio telescopes-said that the equipme

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In the Antarctic, there are no artificial facilities to pre

event wild animals from being touched by tourists. In such conditions, education on wildlife protection before the tour will be needed,” he said.

“Also, we can further explain contributions travelers can make through a

nimal-friendly tourism during the trip, which will make the tour much more meaningful and unforgettable.”

Apart from travel agencies, online tourism information platforms are also contributing efforts to promote wildlife-frien

dly tours. Qyer.com-a Chinese website that enables travel enthusiasts to write notes and exchange experiences, has

recently added a new item of “not chasing tigers in the national parks” into their travel guidebook for India.

“Wildlife protection needs efforts from each one of us and we will keep updating such informa

tion, encouraging more travelers to join our efforts,” said Lin Yi, manager of Qyer’s offline business department.

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It indicated that nearly 70 percent of tourists traveled over

d overseas to see wildlife at least twice a year. Asia, Africa and Europe are the top three destinations.

About 60 percent of interviewees said they would refuse to take part in tours that migh

t interrupt the normal life of animals in the wild or be harmful to them, even if such a tour might be exclusive.

More than 70 percent of tourists said they are glad to choose tours wit

h higher prices and which take more time in order to be more in touch with the wildlife.

“Wildlife watching has attracted millions of tourists annually and many travelers are driven by the affection of animals. Ho

wever, some activities on such tours have had an adverse impact on the wildlife,” Zhao said.

He said hundreds of thousands of wild animals across the world are taken away from natural habitats, forced into cap

tivity and subjected to abuse, both mentally and physically, in the name of entertainment and profit.

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So far, 15 countries including Iran and Mongolia have

According to the administration, the mechanism can switch the on-duty satellite to a quick-scan mode focusing on areas required by users when they are hit by disasters.

“During disasters, Fengyun satellites can scan as often as every five or six minutes. The China Meteo

rological Administration could send users cloud images and products via satellites and public clouds,” Wei said.

For example, in March, China provided a remote-sensing monitor repo

rt on flooding in Iran via Fengyun. The analysis estimated the coverage and ter

rain characteristics of the flooded area, which greatly assisted the country’s evacuation efforts.

China has launched 17 Fengyun series meteorological satellites, of which seven are currently operational.

The World Meteorological Organization has included China’s Fengyun serie

s of meteorological satellites as a major element of its global Earth observation system.

yt178.cn

The ministry also released several typical cases that we

n April 2018, Shanghai police arrested eight people from Shanlin (Shanghai) Financial In

formation Service Co, which was involved in illegal fundraising of more than 60 billion yuan.

The company, with a registered capital of 1.2 billion yuan, adopted a physical store and online ma

rketing to take public deposits. From October 2013, the company opened over 1,000 physical stores

across the nation and trained its employees to sell financial products through advertising and telemarketing wit

h the promise of high interest. In 2015, the company opened online financing platforms to raise money.

The company’s claimed investment projects were found to have no profit

ability, resulting in a huge capital gap that prevented it from repaying investors’ principal and interest. Last

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ed it from repaying investors’ principal and interest. La

September, 53 people in the company were transferred for examination and prosecution.u’an, a county in

China’s Hebei province, 50 kilometers away from Beijing’s Tiananmen Square, is looking to build an innovation-driven coun

Emerging fields including online lending, investment, pension services, consumer reb

ates, financial mutual aid and virtual currencies have become “disaster areas” for economic crimes, said Gao.

Since the collapse of P2P online lending platforms beginning last Jun

e, public security authorities have investigated and handled more than 400 illegal fun

draising platforms and arrested more than 60 fugitives from 16 countries and regions.

“To grab excessive profits, the criminals keep changing and upgrading their criminal

methods, which are usually strongly deceptive,” he said. “Investors should be very cautious.”

clevru.cn

Panda researchers hope algorithms and AI technology wil

The app and database will help us gather more precise and well-rounded data on the population, distribution,

ages, gender ratio, birth and deaths of wild pandas, who live in deep mountains and are hard to track,” said Chen Peng, a researcher with

the base who co-authored a paper on “Giant Panda Face Recognition Using Small Database.”

“It will definitely help us improve efficiency and

effectiveness in conservation and management of the animals,” Chen said.

China has carried out four scientific field research project of giant pandas in the wild.

The giant panda was scientifically discovered 150 years ago and na

med in the city of Ya’an, Sichuan. It remains one of the world’s most endangered species.

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n macroeconomic terms, the China-US trade dispute ha

as added huge uncertainties to the US economy and raised the likelihood of recession. Which could

thwart the US president’s chances of being re-elected in 2020. And the trade dispute could pre

vent the US from taking the measures it intends to in order to consolidate its national power.

As for China, the significant deviation in the US’ stances and objectives

in the trade talks should be a warning for it to more strictly stick to its principles. And the

fact that the US wants to challenge the laws of economics should not be reason for China to try to do the same.

China may grant official 5G licenses, instead of the interim licenses previously planned, to tel

ecom carriers this year and is likely to start commercial use of the superfast wireless technology na

tionwide in the near future, possibly as soon as October, according to people familiar with the matter.

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