llover effects on the developing economies, particularly tho

with high export exposure to the impacted economies

. A more protracted period of weak international trade activity could also harm investment pr

ospects and adversely affect productivity growth in the medium term.”

The report indicated that the entire global economy is experiencing a broad-based growth slowdown amid unresolved tra

de tensions, high international policy uncertainty and softening business confidence.

The forecast for weaker global growth casts a shadow over efforts to im

plement the UN’s 2030 Agenda for Sustainable Development, which has set universal go

als for eliminating poverty, promoting prosperity and social well-being while protecting the environment.

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Faced with deep-rooted structural weakness, several large

eral large developing countries are struggling to recover from recessions or remain trapped on a low growth path.

The report highlights that per capita income growth in several parts of Africa, western Asia, L

atin America and the Caribbean is expected to remain very weak in the outlook period. That poses ad

ditional challenges for the Sustainable Development Goals, including the goal to universally eradicate poverty by 2030.

The report further notes that while poverty remains predominantly

rural, further progress on poverty-reduction also hinges on the effective management of o

ngoing urbanization. That is particularly relevant for Africa and South Asia, the two regions with the highest num

ber of people in poverty, which are expected to experience the most rapid pace of urbanization in the next two decades.

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he Ya’an-Nyingchi section is believed to be one of the

 world’s most challenging railway projects to build, as it will traverse the southeast

portion of the Qinghai-Tibet Plateau, which has intricate and difficult geological conditions.

Previous reports said that 80 percent of the Sichuan-Tibet Railway will

consist of tunnels and bridges, and the cumulative ascent of the line will exceed 16,000 me

ters, which is equivalent to double the height of Qomolangma, the world’s highest mountain also known as Mount Everest.

When the line is completed, the travel time by rail between Chengdu and Lhasa will shorten f

rom 48 hours to about 13 hours.hina’s national railway operator has on Wednesday added a new function to h

elp people buy tickets on the booking site 12306.cn and its related app, the Beijing News reported.

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iled to get tickets, the system will also return their money.

The operator will timely inform people as to whether they have successfully bought tickets through short mes

sages, WeChat or mobile app information. The function will end the service at 7 pm at least one day before the train’s departure date.

A severe drought is baking parts of China, with southwestern Yunnan province an

d northeastern Jilin province getting the worst of it, according to the Beijing-based National Climate Center.

Crops have been damaged by the drought, including rice and wheat in southern areas and corn in the northeast.

According to the Yunnan government, the drought has made it diffic

ult for about 309,000 people to get drinking water. About 141,000 hectares of crops h

ave been affected, with more than 29,000 hectares experiencing serious damage.

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Air China Ltd, China Southern Airlines Co and China Eastern Airl

Airlines Corp are in preliminary talks to seek compensation from Boe

ing for the disruption from the 737 MAX stoppages. At present, the report has not yet been verified.

According to a China Eastern representative previously quoted by The Paper, the issue has h

ad a limited and controllable effect on the company, and it has had more of an impact on the whole indu

stry.Wang Yuan, a popular youth icon, expressed regret and determination to behave himself on his social media acc

ount after getting a warning from health authorities for smoking indoors on Tuesday.

Photos revealed Wang, 18, was smoking at a Beijing restaurant on Monday night. It is forb

idden to smoke indoors according to municipal regulations on tobacco control.

Wang carries wide influence as a youth icon, and his violation of regulations has triggered heated discussion online.

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weather, and the provincial government recently announ

nced that when conditions are right, artificial means will be used to make rain.

Chen Lijuan, the chief weather forecaster of the National Climate Center, sai

d rain is on the way to the northeast and will arrive next week. That should alleviate the

drought, but dry conditions will continue to make things worse in Yunnan, she said.

Zhou Wenyi, a 26-year-old from Kunming, Yunnan province, said that the weather is very strange this year.

“The climate of Yunnan is kind of like the southeastern Asian countr

ies, where April and May are the two hottest periods before the rainy season arrives. The hig

hest temperature in Yunnan’s summer period usually is around 21 to 22 C,” she said.

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hina’s ‘big three’ State-run airlines ask Boeing for compen

Air China, the country’s leading carrier, has formally requested compensation from Boeing Co for th

e grounding of its 15 737 MAX aircraft and delayed deliveries of future planes, the company said Wednesday.

China Southern Airlines, another of China’s “big three” State-run

carriers, has also officially asked the US aircraft-maker for compensation involving its 24 gro

unded MAX aircraft and postponed deliveries of such planes, CCTV reported the same day.

Shanghai-based China Eastern Airlines had already sought compensa

tion from Boeing for incurring considerable losses after the grounding of the 737 MAX aircr

aft following two major crashes, according to a previous China Daily report citing People’s Daily.

The carrier filed a claim against Boeing for the losses caused by 14 suspensions of 737 MAX ai

rcraft since March 11 and delayed delivery of the models it had booked earlier, the report said.

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Central Committee decided to launch a campaign on th

he subject of remaining true to the Party’s original aspirations and keeping its mission firmly in mind.

On Monday afternoon, Xi also visited the home of Sun Guanfa, a 71-year-old veter

an who is also a descendant of a Red Army martyr, at Tantou village, Zishan township.

Hearing that Sun’s family members had no difficulties in employment and education, Xi said as long as the people follow th

e Party’s leadership, China will definitely achieve great rejuvenation and the people will enjoy a better life.

“The Communist Party is dedicated to making the people happy, and the CPC Central Committee is making all efforts to b

ring about better lives for the people,” Xi said while visiting a greenhouse in the township.

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Xi, also general secretary of the CPC Central Committ

mittee and chairman of the Central Military Commission, laid a floral basket at a monument on Monday marking the departure of the Long March.

At a museum marking the start of the Long March, Xi spoke with nine representati

ves of descendants of Red Army soldiers and relatives of revolutionary martyrs.

The People’s Republic of China was founded at the cost of the blood of numerous revoluti

onary martyrs, Xi said, adding that the CPC and the Red Army, upholding lofty revolutionary id

eals, had brought about incredible achievements after repeatedly surviving desperate situations during the Long March.

Xi called for staying true to the revolutionary martyrs, the P

arty’s original aspiration and mission, its revolutionary ideals and principles, and the

people living near revolutionary sites. Xi’s inspection tour took place a week after the Political Bureau of the CPC

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it its lowest level since November. Trade talks betw

ween China and the United States recently faltered and a large amount of additional tariffs are expected to be imposed on imports from both sides.

China will take necessary measures, in response to foreign exchange market flu

ctuations, including using a strengthened risk management system, said Pan.

He also stressed that authorities would crack down on illegal activities in foreign exchange trading.

“China has sufficient policy tools,” said Pan, who is also director of th

e State Administration of Foreign Exchange, the country’s foreign exchange regulator.

The PBOC vice-governor also confirmed on Sunday that China will continually implement

opening-up policies and improve the environment for overseas investors and protect the legal rights of foreign investors.

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