Fortunately, a growing number of Chinese high net wort

th investors have started to realize the importance of not putting all their eggs in one basket, said Zi Yu

an, head of investment platforms and solutions at UBS Securities. One solution is to hold dif

ferent currencies to avoid the possible risk of the exchange rate fluctuation of one single currency.

“They are looking at more overseas markets. Different markets sometimes are litt

le connected. For example, the Chinese stock market was really disheartening last year. But if an investor all

ocated his assets in the US stock market or other markets with high yield bonds, the loss in the Chinese stock m

arket will be offset and the stability of the entire investment portfolio will be further consolidated,” he said.

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Pacts set to be signed during Xi’s state visitbal strateg

Pragmatic cooperation, global strategic stability high on Sino-Russian agenda

Beijing and Moscow will sign around 30 cooperation documents d

uring President Xi Jinping’s state visit to Russia next week, including two joint statements on bilateral t

ies as well as on global strategic stability, Vice-Foreign Minister Zhang Hanhui said on Thursday.

Xi will kick off a three-day state visit to Russia on Wednesday at the invitation of Russian President

Vladimir Putin, and attend the 23rd St. Petersburg International Economic Forum to be held between June 6 and June 8.

The two presidents will witness the signing of an array of agreements on business d

eals in areas such as trade, investment and energy, Zhang said at a media briefing in Beijing.

This year marks the 70th anniversary of diplomatic ties between

China and Russia, and Xi’s visit will mark a milestone for both countries, Zhang said.

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However, the temperature now is about 30 C, much hig

higher than in previous years,” she said. “Also, the rainy season is supposed to

begin after the May Day holiday, but I haven’t seen a drop of rain so far.”

Data from the National Climate Center shows that the average rainfall from April 1 to May 17 is 35.3 millim

eters, down almost two-thirds from the same period last year, the least recorded rainfall over that period since 1961.

In addition to the drought, the average temperature is 1.9 C higher than average for the period, the highest since 1961.

Chen, the chief forecaster, said that according to the mid- to long-term forecast ra

infall will relieve drought in the eastern part of Yunnan province, though its western part will still be plagued by the drought.

Surveillance from the National Climate Center shows that

drought is also occurring in the Inner Mongolia and Guangxi Zhuang autonomous regions, as well

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market confidence in outstanding ways and promoted the stab

le growth of the economy, he said, adding that the positive factors for economic growth are increasing.

Noting that the uncertainties in the global economic environment are also rising and there remai

n downward pressures on the domestic economy, Li called for both attention and confidence from the entrepreneurs.

Related departments should follow the guidance of Xi Jinping Though

t on Socialism with Chinese Characteristics for a New Era, invigorate the market thro

ugh deepening reform and opening-up and ensure the stable growth of the economy, Li said.

He said that tax reduction is the key to improving the business environm

ent and invigorating the market, which will not only stabilize growth and employment bu

t also encourage companies to invest more in innovation for long-term development.

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The settlement of the dispute over agricultural product

ts between China and the United States is nothing out of the ordin

ary – it is a normal part of China’s engagement with the rules-based trading syste

m. As Mr Pascal Lamy, a former WTO director general put it, “China has delivered an ‘A-pl

us performance’ since its WTO accession,” and no WTO member has been

a perfect performer when it comes to WTO rules as each country has its own interpretation of the rules.

China will regard every dispute settlement within the WTO framework as an opportunity to cont

inuously adjust and improve its trade practices. Through the process, China will consult extensively with oth

er WTO members in order to promote reforms of the WTO that enhance the organization’s authority and effe

ctiveness so that it can better safeguard free trade and the multilateral trading system.

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Customs makes its biggest tusk bustuangpu Customs Distri

China’s customs officers have seized 2,748 ivory tusks weighing a combined 7.48 metric tons after cracking a major smuggling case.

It was the biggest haul of tusks ever recorded in an anti-smuggling bust conducted in

dependently by customs officers, the General Administration of Customs said on Monday.

The case was solved in March after a combined operation of differ

ent customs offices lasting three months. A total of 238 custo

ms officers took part from cities around the country, including Hefei, Nanjing, Beijing, Fuzhou and Qingdao.

Twenty suspects were detained for further investigation, accor

ding to Sun Zhijie, director of the administration’s anti-smuggling bureau.

Sun said the tusks, illegally shipped from African countries, were imported into China labeled as wood.

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The meetings on Thursday and Friday are all part of

f the 8th Summit of Central and Eastern European Countries & China.

At the China-CEEC economy and trade forum before the leaders meeting, Li called for strengthening trade facilitation and exp

anding two-way opening-up of markets. China is willing to expand imports of goods from CEE nations, particu

larly agricultural products that cater to the demand of Chinese consumers, he said. Trade of farm goods, machine

ry and electric devices should be further boosted and logistics sped up between the trading partners, he said.

Li said trade between China and the 16 CEE nations rose by 21 percent to a record high, de

spite a global trade slowdown. China is willing to strengthen cooperation with CEE nations in infrast

ructure based on market rules and following European Union rules and standards, he said.

Li advocated the great potential for trade and economic cooperation between China a

nd the 16 countries. China-CEEC cooperation is a helpful addition to China-EU ties, he said.

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Sending anonymous gifts and sentimental notes has quic

ickly spread across the country as a way to express people’s gratitude toward the firefighters and wishes for their safety.

In Tongxiang, Zhejiang province, the fire and rescue bureau even received a car key, along with a letter.

“The car has been maintained, please feel free to use it. I hope the car will be of use in your work,” it said, accor

ding to a Sina Weibo post by the Fire and Rescue Bureau of the Ministry of Emergency Management.

The letter was signed by “Sichuan citizen”. The officers found the donor, a secondhand

car seller from Sichuan, thanked him and eventually talked him into taking back his car, according to the ministry.

As the gifts and heartwarming notes have become a trending topic on social media, experts said the enhancement of people’s fire s

afety and prevention awareness will help ease firefighters’ burden and better protect their safety.

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Guangzhou introduces 3D printing to restore remain

A special 3D printer worked next to a display cabinet filled with a variety of imitations of bo

dy parts at a funeral parlour in Guangzhou, capital of southern China’s Guangdong province.

The city’s funeral service center is trying to introduce the new technology to help restore remains damaged in accidents.

“We want the deceased to leave with dignity,” said Yu Jiaqi (pseudonym), an embalming expert at the funeral parlor.

Previously, the restoration was carried out manually, using plasticine, plaster and clay. A facial repair usually took 15 to 30 days.

Yu said not only the long wait but the sometimes barely satisfactory restoration prolonged the pain for family and loved ones.

“The materials can easily deform. We have been looking for better ways to restore the original form of the deceased,” she said.

Li Zhijian, deputy head of the funeral service center, said 3D printing only takes 10 da

ys for a much more lifelike and accurate face, and the texture is stronger and feels more like real skin.

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Qian is one of 47 teachers who arrived on the southweste

rn plateau in 2015 from Jiangsu, whose students regularly post some of the best exam result

s in China. Some members of the original teaching group have left and been replaced by new arrivals.

As experts in teaching methods and education theory, they we

re keen to bring their experience and knowledge to Tibet, where education was once exclusive to the ar

istocracy. Their efforts are paying off, as both students and local teachers are benefiting from their presence.

The school, a secondary boarding establishment, was establ

ished by the Jiangsu government in 2014 with an investment of 263 million yuan ($39 million).

It is home to 2,890 students, more than 90 percent of whom are Tibetan, and the 316 teachers provide 63 classes. Exc

uding the 47 educators from Jiangsu, the teachers are locals of both Han and Tibetan ethnicity.

The students, from juniors to seniors, said the Jiangsu teachers ar

e more patient and softer-tempered than those at their old schools and the classes are more interesting.

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