reforms to foster an investor-friendly legal system, represented by strengthened information disclosure, prot
ection of investors’ rights and interests, and crackdown on legal breaches, Liu said.
China must promote the healthy development of the capital m
arket through key institutional innovations, the Political Bureau of the Communist Part
y of China Central Committee, the Party’s core leadership, said a statement released after a meeting on Friday.
Dong said the revised law is likely to be adopted by the end of the first half of the ye
ar, adding it is imperative and possible to expedite rolling out the revised version.
“Previously, controversies over the registration-based IPO system reform ha
ve prolonged the revision process, but now this factor has been largely lifted,” he said.
“As foreign investors are set to play a bigger role in China’s capital
market development, the revised law should also consider clarifying the rights and oblig
ations of overseas investors, to help them form a stable policy expectation,” said Xue Yi, an associate p
Qiu Yanpeng (middle), deputy commander of the PLA Navy, attends a press confer
ence for the upcoming multinational naval activity to mark the 70th anniversary of the People’s Liber
ation Army Navy at the press center in Huanghai Hotel in Qingdao, Shandong province, Ap
ril 20, 2019. About 200 journalists from home and abroad attended the press conference.Chinese Navy
will send 32 warships and 39 aircraft to take part in a joint sea parade in waters near Qingdao.
Nearly 20 ships from about 10 countries will participate in t
he sea parade on Tuesday, deputy commander of the PLA Navy Qiu Yanpeng said.
A Singapore Navy frigate arrived on Friday in Qingdao, Shan
dong province, becoming the first foreign warship to arri
ve ahead of a grand event to honor the 70th birthday of the People’s Liberation Army Navy.
The PLA Navy will hold multinational naval activities in Qingdao and nearby waters from
Monday to Thursday to celebrate its founding anniversary. They will include a joint sea parade, high-level sympo
siums, public tours of ships, military music performances and other cultural exchanges.
China and the United States have made new progress in negotiating the text of an econom
ic and trade deal, but much work remains to be done, the Ministry of Commerce said on Thursday.
Negotiating teams from the two countries are hashing out the text of the deal, including
an enforcement mechanism, on the basis of mutual respect and benefit, said Gao Feng, ministry spokesman.
The remarks came as the world’s two biggest economies have been i
ntensifying their consultations and aiming to break the deadlock in a timely manner.
In the most recent round of trade consultations, the negotiators discussed technolo
gy transfers, protection of intellectual property rights, nontariff measures, the service sector, agriculture, tra
de imbalances and enforcement mechanisms, according to earlier reports.
The American Chamber of Commerce in China said in a recent white paper that the US business commu
nity in China, long an advocate of good bilateral relations, can no longer be relied on to be a positive anchor.
the latest film by leading Chinese auteur Wang Xiaoshuai, sets to examine changing times in modern China.
It is a family saga about parenthood, friendship, struggle and forg
iveness. Covering a large stretch of space and time, t
he story moves from the 1980s to the present, and from the North to the South of China.
Known for realism, Wang is no stranger to prominent international film festivals. This time,
his work scooped two Berlin Film Festival awards – Silver Bear for Best Actress and Best Actor.
On the occasion of So Long, My Son screening in Chinese cinemas, China Daily sp
oke with him about the film’s production, his life and his view on Chinese auteur film.