Commenting on the suggestion of quickly shifting sou

rcing to countries other than China under the tariff specter, the FDRA said there had been com

panies moving away, but “footwear is a very capital-intensive industry, with years of planning required to m

ake sourcing decisions, and companies cannot simply move factories to adjust to these changes”.

Douglas H. Paal, vice-president of the Asia Program at the Carnegie Endowme

nt for International Peace, said the footwear industry’s complaints are justifiable, albeit a little late.

“Since their issues do not involve critical technologies, the

re might be room for the administration to offer a degree of relief,” Paal told China Daily.

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For example, in March, China provided a remote-sens

sing monitor report on flooding in Iran via Fengyun. The analysis estimated the coverage and

terrain characteristics of the flooded area, which greatly assisted the country’s evacuation efforts.

China has launched 17 Fengyun series meteorological satellites, of which seven are currently operational.

The World Meteorological Organization has included China’s Fengyun se

ries of meteorological satellites as a major element of its global Earth observation system.

ountries should work together for a better future in today’s world that is globaliz

ed and multipolar, Javier Solana, former secretary-general of NATO, said in an interview with China Daily.

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Liu’s article was published in Qiushi Journal, a flagship m

magazine of the Communist Party of China Central Committee. He said more efforts a

re needed to implement the proactive fiscal policy and boost efficiency this year.

Preventing and defusing local governments’ hidden debt risks is key to controlling major risks, he said.

Innovative financial tools will be introduced for debt swaps, and the indebted comp

anies will be allowed to choose the same way, under guidance from the local governments, Liu Shangxi, hea

d of the Chinese Academy of Fiscal Sciences, the Ministry of Finance’s think tank, told China Daily.

“The total amount of hidden debt waiting to be swapped has not yet been calculated, as this

round of debt swaps will not involve the government’s administrative orders, but depends on the ma

rket’s appetite based on the evaluation of the potential default risks and the companies’ solvency,” he said.

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ggested necessary reforms of the WTO be made so as to ove

China expressed concern over an unprecedented “existential crisis” confronting the World Trade Orga

nization and has submitted a proposal on WTO reform, according to the Ministry of Commerce on Tuesday.

The proposal was submitted by China’s delegation to the General Council of the WTO in Geneva on Monday.

According to the documents released on the ministry’s website, China said rising unilateralist and protectionist practices cou

ld lead to an “existential crisis” at the WTO and sabotage multilateralism and the free trade system.

The abuse of using national security as an exception, unilateral mea

sures inconsistent with WTO rules, as well as misuse or abuse of existing trade remedy meas

ures have severely damaged the rules-based, free and open international trade order, it said.

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Hospital head removed after 5 infants diern Medical Univers

Investigators criticize lax management, failure to control enterovirus outbreak

Liu Ruilin, Party secretary and president of Shunde Hospital of Southern Medical University, has been

removed from his positions after five babies died and 14 fell ill during an enterovirus outbreak at the hospital.

The five newborns who died had other underlying diseases, such as pneumonia, before c

ontracting the virus, according to a statement from the Guangdong Health Commission on Saturday.

Thirteen of the sick babies have been discharged from the hospital, w

hile the other one continues to be treated and is in a stable condition, the commission said.

An investigation determined that the case became serious because

of the combination of the intestinal virus with lax hospital management.

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The meeting on Sunday decided on further steps to

 identify unwarranted certification items for abolition and list all certification items deemed ne

cessary. At the same time, work to establish a pre-commitment qualification system will be intensified.

“The reform of the qualification system is part and parcel of our efforts to build a credit-based society. Without a fully fledg

ed credit-based society, our business environment will not see significant improvements,” Li said.

It was decided at the meeting that the practice of pre-commitment of qualification will be piloted in 13 pro

vinces and municipalities, including Tianjin, Liaoning, Shanghai, Guangdong, Sichuan and Shaanxi, and in five mi

nistries-the Ministry of Public Security, the Ministry of Justice, the Minist

ry of Human Resources and Social Security, the Ministry of Natural Resources and the Ministry of Transport.

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Local media showed through YouTube image

 of opposition leader Juan Guaido outside the aviation military base La Carlota, located in Altamira in the east of Caracas.

He called on civilians and military to act against the government and urged Maduro to step down.

Venezuela’s Communication and Information Minister Jorge Rodriguez said on Tues

day that the government is deactivating a small group of soldiers who attempted a coup d’etat.

“At the moment we are facing and deactivating a small group of traitor military

personnel who positioned themselves in the Altamira to attempt a coup d’etat,” Rodriguez said.

“The FANB (National Bolivarian Armed Forces) stand firm in defense of the National C

onstitution and its legitimate authorities,” said Defense Minister Vladimir Padrino Lopez in his Twitter account.

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Unlike the second version, the latest one included rule

on the new science and technology innovation board, which will pilot the registration-based IPO system, according to Xinhua.

To accommodate the progress of reforms and development of the capital market, other modifications have also been made, cov

ering public issuance of securities, securities trading, and the protection of investors’ rights and interests, Xinhua said.

Dong expects the latest version to legitimize registration-based IPO systems not only

on the new board, but also across China’s whole A-share market. “Once the system achieves success on the n

ew board, it should be adopted on other submarkets as soon as possible,” Dong said.

President Xi Jinping announced in November that China will launch the S&T innovation board and pilot the registr

ation-based IPO system. Analysts expect the new board to begin trading around the middle of this year.

“The latest draft is expected to make comprehensive revisions, and it could go a long way

toward restoring public investors’ confidence and modernizing the regulation and governance of the ca

pital market,” said Liu Junhai, director of the Business Law Center at Renmin University of China.

www.jsLongsun.com

Viewpoint Adding gene-editing in draft civil lawnceptual art

On Saturday, a new item was added to China’s draft civil law, which put

s all medical and scientific research related to human genes and embryos under stricter re

gulation. Two experts shared their views with China Daily’s Zhang Zhouxiang:

One major change this time is that embryos are clearly included in the draft regulation. Actually,

gene-editing of embryos deserves more attention than gene-editing of adults or children.

First, gene-editing of embryos might more easily get out of control an

d pose more risks to the society. The safety of gene-e

diting for embryos remains unknown and the availability limit of the technology needs to be confirmed.

The birth of the twin gene-edited babies in November 2018 sounded an alarming bell to all. If the embr

yos with edited genes are born, how should we protect their rights as citizens? Will they suffer fro

m discrimination? Who will be responsible if the gene-editing causes health problems?

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In early April, the US increased military interactions

with the island by officially acknowledging that military personnel have been posted in the Taipei office of the American Institute in Taiwan since 2005.

US weapons manufacturer Raytheon was also granted a $9 million contract to upgrade Taiwan’s Patriot missile defense system.

Senior Colonel Liang Fang, a professor at PLA National Defense Universit

y, said the recent drill will test and enhance the PLA’s joint operating capabilities.

“It will increase the PLA’s ability to protect national sovereignty, and warn thos

e who are trying to undermine it to abandon their illusions,” she said. “Similar drills

will be more common in the future, with increasingly sophisticated equipment and training methods.”

Xiu Chunping, a researcher at the Chinese Academy of Social

Sciences’ Institute of Taiwan Studies, said the recent drill serves to warn the US and separati

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