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tory as a mirror, and combining their personal ideals with the dream of national rejuvenation, Hu Xianzhong, a senior re
searcher at the China Youth and Children Research Center, said in an article published by China Youth Daily on Sunday.
Since the movement began nearly a century ago, the country’s youth
has been collectively marching with the times and the people under the leadership of the C
PC－whether in periods of revolution, construction, or in the nation’s campaign of reform and openingup, Hu said.
As the centenary of the movement draws near, a good understanding of its history will make yout
hs know more about why their futures are closely connected with the rejuvenation of the Chinese nation so that
they will find their niches and play bigger roles in the country’s socialist cause, he added.
Chen Yuhao, a postgraduate student at the U
niversity of International Business and Economics, said the spirit of patriotism, progress, democracy and s
cience is still the core value of Chinese youth, and should be upheld and carried forward in the new era.
g without a drill pipe core in polar ice bedrock, which helped the scientists obtain the first few samples of bedrock unde
r the ice cores at the station. The conwwwhebeishengxincn-2/ion was also compleexpedition.
Xuelong left Shanghai on Nov 2 and arrived at Zhongshan Station on
Nov 30. The icebreaker entered the Amundsen Sea in early January for a marine survey but
experienced “the worst sea conditions since departure”, according to an earlier report by China Ocean News.
On Jan 19, the ship was caught in a sudden thick fog on the Amundsen Sea and collided with an
iceberg, Cheng Xiao, dean of the College of Global Change and Earth System Science at Beijing Normal University, told Xinhua.
An increase of cyclones in the area since the start of 2019 has great
ly increased the number of floating ice fragments, while in 2018 the area was a single large ice sheet, Ch
en said. The floating ice drifted to the north, pushed by the wind, which also affected navigation on Xuelong’s trip home, he added.
laws on Chinese-foreign equity joint ventures, non-equity joint ventures and wholly foreign-
owned enterprises, which were mainly legislated between 1979 and 1988 and then revised.
“The draft law reflects experience on foreign investment governance that China has accumulated over the past decade, and
it sets up a comprehensive basic law framework that resonates well with China’s current situation in attract
ing foreign investment,” said Cui Fan, a professor at the University of International Business and Economics.
“When the three old laws were made, foreign investment came to China mainly because of t
he low human resources cost, but now China’s huge market potential is much more alluring.”
In addition, as globalization goes further, competition between countries and regions is intensifying, which has indu
ced China to further adjust laws and regulations to create a better environment for foreign investment, he said.
systemic financial risks, are the fundamental tasks of financial work, calling for accelerated construction of the fina
ncial market infrastructure and advanced efforts to nationalize key information infrastructure in the sector.
He also urged solid statistics in the financial sector and improvement in the warning system and rules on information disclosure and management.
Education and supervision of senior officials of financial institutions and regulators sh
ould be enhanced, and more should be done to fight corruption in the financial sector, Xi said.
He called for dynamic supervision of domestic and cross-border capital flow to enable financial watchdogs to fully monitor all flows.
Xi said tasks for the reform and opening-up of the financial sector should be well implem
ented, calling for the preparation and the rolling-out of new reform and opening-up measures based on
the latest development of global economy and finance as well as the strategic needs of China.
Reforms including revamps on market access system and trading regulations should be deepened, and regulators should take a two-pronged appr
oach of enforcing both macro-prudential management and micromanagement of behaviors, he said.
He said those causing major financial risks due to their breaches such as lax regula
tion, cover-ups or decision-making failures must be held accountable and face serious punishment.
Efforts should be made to address the current situation where the costs of legal and
regulatory breaches in the financial sector, especially capital markets, are too low, Xi said.
Xi urged enhancing the global competitiveness of China’s financial sector, elevating the two-way opening-up to a highe
r level and beefing up capabilities of financial management and risk prevention and control amid greater opening-up.
Border inspection agencies across China have seen more th
an 12.5 million entry and exit trips made during the week-long Spring Festival holiday that started Mo
nday, an increase of nearly 11 percent than that of last year, the National Immigration Administration (NIA) said Sunday.
Inbound trips exceeded 6.22 million, rising by about 9.5 percent than the figure of 2018, wh
ile outbound trips increased by nearly 12.5 percent to over 6.31 million, according to the NIA.
Over 7.22 million entry and exit trips during the holiday were made by mainland residents for personal p
urposes, including traveling and visiting family members, growing by nearly 16 percent year on year.
Destinations visited most included Thailand, Japan, Vietnam, the Republic of K
orea, Singapore, Malaysia and the United States, as well as Hong Kong, Macao and Taiwan, the NIA said.