ation and safety officials Daniel Elwell, Robert

US senators sharply questioned regulatory officials on Wedne

sday about the Federal Aviation Administration’s reliance on Boeing Co’s engineers to cert

ify the safety of the company’s new 737 Max 8 aircraft, which was involved in two fatal crashes in the past five months.

A self-certification procedure called Organization Designation Authorization came under scr

utiny at a hearing of the Senate Commerce Committee’s aviation subcommittee in Washington. Testifying wer

e Daniel Elwell, acting FAA administrator; Robert Sumwalt, chairman of the National Transportation Saf

ety Board; and Calvin Scovel III, Transportation Department inspector general.

For decades, the FAA has delegated some authority for certifying new aircraft to the manufacturers, reducing government costs.

After the crashes of Lion Air in Indonesia in October and Ethiop

ian Airlines this month, which killed a total of 346 passengers and crew members, critics have ci

ted the self-certification process as evidence of an overly cozy relationship between the FAA and the industry.

www.ozsnl.cn

Senior Colonel Zhou Bo, director of the Center for Secur

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.”

zhongqianxue.cn

isit shows EU seeks deeper cooperationuropean Commiss

Editor’s Note: President Xi Jinping visited Italy, Monaco and F

rance from March 21 to 26. Why is the visit important for China-European Union rela

tions? Two experts share their views on the issue with China Daily’s Pan Yixuan. Excerpts follow:

Visit sets positive tones for China-EU relations

Xi’s visit to the three European countries has yielded substantial fruits of cooperation, the most significant being the

signing of a memorandum of understanding between China and Italy paving the way for Italy to participate in th

e China-proposed Belt and Road Initiative to promote mutual development.

The cooperation deals in fields such as trade and infrastructure that Italy has signed with

China will help the Italian government to boost the country’s economic recovery. For instance, the exp

ort of Sicily’s red oranges to China by air will be a small but important step toward boosting bilateral trade.

www.7893391.cn

Currently, all special purpose local government bonds are

domestically rated “AAA”, the safest level. The sale to individual investors is mainly of project-link

ed special-purpose bonds, a type of local government bond vigorously promoted by the government in re

cent years. The cash flows generated from the underlying projects will be used as the primary repayment sources.

In China, there are two types of local government bonds: general bonds and special purpose bonds. According to the country’s 2019 budget repor

t, which was approved by the top legislature earlier this month, the budgeted deficit for local governments is 930 billion yuan, up 100 billi

on yuan compared with 2018, and this fund gap will be supplemented by general bonds.

In the meantime, 2.15 trillion yuan of special purpose bonds will be issued to support la

rge infrastructure projects, such as shantytown renovation projects and railways, said the ministry.

Letting individual buyers invest in local government bonds is a way to narrow the government’s financin

g gap, said Hu Yijian, a tax professor at Shanghai University of Finance and Economics. The gap is expected to expand, as policym

akers decided to cut about 2 trillion yuan in taxes and fees this year while at the same time increase spending on investment.

qiuLuhuang.cn

In a spectacular display of indecision, the House of Comm

ons has voted against remaining in the EU and every version of leaving the EU,” tweeted James Cleverly, the Conservative Party’s deputy chairman.

Nevertheless, some proposals fared better than May’s deal had done two weeks ago, and parlia

ment was due to hold more indicative votes on Monday after refining the options most likely to secure a majority.

Many Conservative eurosceptics had made clear they would only c

onsider supporting May’s deal if she gave a firm commitment to resign, hoping a new leader

would be more sympathetic to their views when negotiating the terms of Britain’s future relationship with the EU.

“I have heard very clearly the mood of the parliamentary party,” May told a meeting of Conservative lawmakers (MPs).

“I know there is a desire for a new approach – and new lead

ership – in the second phase of the Brexit negotiations – and I won’t stand in the way of that.”

But within hours of May’s offer, the Democratic Unionist Party, which props up her minority gov

ernment, said it would vote against the deal if May brought it back a third time.

chuangxiangjie.cn

Five Chinese women are ranked in the world’s top 50, spear

headed by No 18 Wang Qiang, who this week reached the Miami Open quarterfinals to

become the first Chinese to go that far at the premier mandatory event since Li’s run to the final in 2014.

Li is delighted to see her compatriots mixing it with the world’s best, but said she expects more.

“It’s good to have a group of girls in the top 50, but the resources they enjoy today make me believe they could do better,” she said.

With more advanced coaching and training methods, WTA

CEO Steve Simon reckons China will unearth the next Li sooner rather than later.

“The chances of finding the next Li Na are very bright; it’s just a matter of time,” he said earlier this month in Shenzhen.

The return of The Road to Wimbledon, a tailor-made tournament for under-14 players, f

or its fourth year in China is part of the latest effort to deepen the domestic talent pool.

It began on Monday with a weeklong trial camp overseen by Dan Blox

ham, head coach of the All England Club. The best performers will be picked to compete at a nat

ional tournament in Nanjing in May, which will decide China’s representatives at the global final at Wimbledon from Aug 11-17.

www.headun.cn

Following his visits to Spain and Portugal in late 2018, Xi

came to Europe again in his first overseas trip this year, manifesting the great importance China attaches to Europe, Wang said.

In a world of unprecedented transformations, Xi noted that a stable, strategic and reciprocal China-EU relationship is urgently needed.

Wang said during his visit, Xi had in-depth communication with the European leaders to discuss cooperation in internation

al issues and reached important consensus of adhering to multilateralism, and discarding isolationism and unilateral moves.

He also said Xi and the European leaders agreed to enhance coordination and cooperation wit

hin the UN system, give full play to the constructive role of global and regional multilateral mechanisms s

uch as the World Trade Organization, the International Monetary Fund, the World Bank, and Group of 20 and the EU, and

actively contribute to solving international conflicts, combating climate change and promoting sustainable development.

In his keynote speech at the global governance forum, Xi raised “four deficits” in global affairs including governance deficit, tru

st deficit, peace deficit and development deficit. To address these deficits, he proposed a four-pronged approach of fairness and reas

onableness, consultation and understanding, joint efforts and mutual assistance and mutual benefit and win-win results.

www.shlf15.com

After 10 years of development, China’s new energy veh

cles are starting to gain momentum in the private market. With the overall vehicle market remaini

ng flat, sales of new energy vehicles last year reached 1.25 million, up 61.7 percent year-on-year, and

the figure is expected to reach 1.6 million this year according to the China Association of Automobile Manufacturers.

China plans to stop subsidies on new energy cars by the end of 2020. To ensure a smooth transi

tion, the government decides to achieve this goal by enacting policy in several phases. This year’s subs

idy standard was slashed 50 percent on average from 2018, Xinhua reported, citing a person with knowledge of the matter.

The source said the proportion cut is basically consistent with falling ratios of general cost for co

mplete vehicles, while pointing out with the rapid expansion of the NEV industry some enterprises tend

ed to become reliant on long-standing subsidies, leading to weak competitiveness.

The statement also asked local governments to remove subsidies on purchases o

f new energy cars after a three-month grace period starting Tuesday. Instead, more funds will be used

to build infrastructure, including charging and hydrogen refueling facilities, and to facilitate relevant services.

shlfat.com

Zeng Bibo, founder and CEO of Ymatou, said overseas shopp

ping via livestreaming services could completely and truly demonstrate the detailed infor

mation of overseas products to domestic consumers, and have gained wide popularity with the younger generation.

Zeng added that the consumers’ demands have become more p

ersonalized and diversified. “They have higher requirements for high-quality and cost-effe

ctive products, which brings out huge opportunities for cross-border e-commerce industry.”

It is noteworthy that the post-90s generation favor niche

and designer brands, and also are addicted to livestreaming videos, Zeng said.

Founded in 2010, Ymatou is a consumer-to-consumer or C2C marketplace engaged in cross-border e-commerce.

By the end of the second quarter in 2018, the site had about 50 million users and hired more than 60,000 overseas buyers in 83

countries including the United States, the United Kingdom, Japan, South Korea and Australia.

www.shlf16.com

We will step up efforts to expand cooperation with sho

video platforms such as Kuaishou, Bilibili, Douyin and Huoshan, to obtain more data flows and encourage brands and buyers to do more live broadcasts,” Zeng said.

It also plans to tap into the social e-commerce sector, which is currently in its testing phase.

Experts say the livestreaming explosion is boosting China’s e-commerce sector. The new

format could display the commodities in more dimensions and increase users’ trust.

Cao Lei, director of China E-Commerce Research Center, said this method could attract consume

rs’ attention quickly and accurately as most of the livestreaming users are post-90s generation who are accusto

med to shopping online, as well as help online retailers to gain data flows and create a “real” shopping scenario.

“Immediate feedbacks could be given to merchants based on users’ instructions. Through their

mobile phones, consumers are able to talk with overseas buyers, which will greatly enhance users’ trust on the platform.”

China’s cross-border e-commerce sector has been growing rapid

ly over the past few years, owing to a rapid growth in the nation’s middle and high-income shoppers.

shlf16.com