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n Tuesday afternoon, Xi called for efforts to make new advances in the development of the countr
y’s central region. Xi presided over the meeting, at which he was briefed by the Party secretaries of Shanxi, Anhui, Jiangxi, He
nan, Hubei and Hunan provinces, as well as He Lifeng, head of the National Development and Reform Commission.
Promoting the rise of the central region is an important strategic decis
ion made by the CPC Central Committee, Xi said, adding that it has great significance in ac
hieving the goal of building a moderately prosperous society in all respects.
Xi said that although China is still in an important period of strategic opp
ortunity for its development, the country faces an increasingly complicated international situation.
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
The emerging service sector also grew very fast, Meng said.
In April, the information transmission industry, along with software and inform
ation technology services, grew 25 percent year-on-year, 17.6 percentage points higher than the national index of services.
Online retail sales amounted to 3.04 trillion yuan ($440.2 billion) in the first four m
onths, a year-on-year increase of 17.8 percent. Around 17.07 billion parcels were delivered, up 24.8 percent over last year.
She said the transformation of traditional industries is speeding up as they combine with information technology.
“Through implementing national big data and internet plus strategies, internet, big da
ta, and artificial intelligence technologies have been widely used in China’s real economy,” she said
ld correct our mistakes when we have made any and guard against them when we have not.
The Party should address young people’s concerns in employment,
starting business, integrating into the society, love, marriage and making friends, carin
g for the elderly and raising children, so as to create favorable conditions for their development.
We should educate and guide young people to view the world pr
operly, to understand the national conditions comprehensively, and to grasp the trend of the era.
Communist Youth League asked to mobilize youth for Chinese Dream
The Communist Youth League of China (CYLC) shall unite and lead Chi
nese youth of the new era to strive for the Chinese Dream of national rejuvenation.
The CYLC should serve their duties of guiding and uniting the youth, mobilizing them, connecting them and providing services.
Youth urged to have concerns for humanityThe Chinese youth should work for the building of a community with a shared future for humanity.
?interest in philosophy, history, literature, culture, music and sports, and that he first cul
tivated many of these interests back in middle school and they have stayed with him ever since.
His job is serving the people, and he works hard with a busy schedule, but takes great pleasure in his work, Xi wrote.
The Niles North students also inquired whether Xi likes the US.
Xi answered in the letter that he has visited their country many times and is impressed with the “beautiful landscape, hos
pitable people and diverse culture”, and he made a lot of friends, including some young people.
He said the students are “wonderful” and expressed hope that they will make greater progress in studying Chinese.
Learning Chinese will help them better understand China, a
d get acquainted with more Chinese friends and Chinese-speaking friends across the world, Xi said.