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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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Innovation links with Japan encouragedForeign Minis

Premier Li Keqiang called on China and Japan to boost cooperation in innovation to see more pra

gmatic outcomes, and to further work together in areas including finance, third-party markets and tourism.

The two countries should also create a fair and unbiased business environment for each other’s en

terprises, Li said in a meeting with visiting Japanese Foreign Minister Taro Kono in Beijing on Monday.

The meeting came after a China-Japan high-level economic dialogue,

co-chaired on Sunday by State Councilor and Foreign Minister Wang Yi and Kono. The dia

logue, also attended by ministers of agriculture, industry, commerce and environ

mental protection from both countries, was also the first to be held in China between the two nations since 2010.

Li congratulated attendees on the successful hosting of the dialogue in his opening remarks, noting that bilateral relation

s are back on the right track and have seen new progress thanks to joint efforts of the two sides starting last year.

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he monetary policy should “maintain strategic focu

cus”, keeping it prudent while the liquidity should be at a reasonably adequate level, it said.

Financial policies are required to further support small and private companies, and fun

ding through the capital market is supported by the authorities, according to the statement.

The central bank had skipped open market operations for 15 conse

cutive working days until Monday. “Reasonable and adequate liquidity in the banking syste

m” was the main reason for the absence of open market operations, according to a statement from the central bank.

To cut or not to cut the RRR, a strong tool for liquidity adjustm

ent, has become a hot topic since April, not only for investors, but also for policy advisers.

Divergent opinions are spreading among a broader group of market observer

s. The market is trying to get more indications from the monetary authority, although the C

hinese central bank barely sends any hints on possible monetary policy operations before taking action.

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Index results bode well for quarterly GDPprise mark

hina’s economic growth will remain stable in the first quarter, and is expected to land at 6.3 percent or even higher year-on-year when it is released this week, e

conomists said after some economic indicators for March surprised the market on the upside.

“Downside pressure began to ease in the first quarter, as signaled by the r

ather substantial recovery in various economic indicators in March,” said Yao Jingyuan, form

er chief economist at the National Bureau of Statistics and a researcher for the Counselors’ Office of the State Council.

Chinese banks’ lending in yuan, a leading indicator for the real economy

, surged in March by 1.69 trillion yuan ($252 billion), up 52 percent from a year earli

er, according to the People’s Bank of China, the central bank. The manufacturing purchasing managers inde

x for March, which was back into expansion territory, may be a sign of accelerating industrial activities.

Exports in March also picked up, rising 14.2 percent in US dollar ter

ms from a year ago, versus 0.1 percent for the January-February period, customs data showed.

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Employees have been working according to the che

edule in some companies, including some well-known internet enterprises. Earlier this year, Youzan, an e-commerce compa

ny based in Hangzhou, Zhejiang province, triggered controversy by introducing the “996” schedule in its annua

l meeting. The move even prompted the labor authorities to conduct an investigation against Youzan.

Workers have been working overtime in many industries for yea

rs. But now, many programmers in internet companies are opposing the “996” schedu

le because the extra work does not come with any compensation or bonus. To reduce the labor cost, many high-tech and int

ernet companies are laying off workers. That means, there are fewer people left to shoulder the extra work. Tha

t’s a reason why the overloaded IT programmers have now burst out with complaints.

Alibaba chairman Jack Ma has said that only by working harder

and longer than others can an employee achieve success in life. He h

as also said that those who want to join Alibaba should be prepared to work for 12-hour work a day. This not only goe

s against the Labor Law but also violates the rights and interests of the employers, and could harm their health.

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JD Logistics responds to criticism over courier pay cuts

JD Logistic, the logistics arm of the Beijing-based tech heavyweight JD

.com, will cancel the basic salary for delivery staff , CEO and Chairman Liu Qiangdong said i

n response to arguments on the company’s salary adjustments in an internal email sent on Monday.

JD Logistics lost over 2.3 billion yuan ($342.9 million) in 2018, its 12th consecut

ive year to lose money. If the situation continues, Liu said, the company would only last for two more years.

If internal settlements are deducted, JD Logistics lost more than 2.8 billion yuan last year.

The main reasons for the loss are few external delivery orders and high internal costs, Liu said.

The company has only two choices, according to Liu: one, increase external delivery orders to promote external inco

me growth; the other, reduce staff members’ well-being to the level of other express companies.

Reducing fund ratios to average levels and canceling the basic salary a

ims to encourage couriers to get more external delivery orders and increase revenue.

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Statistics show basic monthly salaries for couriers ran

nges from 1,500 to 2,000 yuan, accounting for 15 to 20 percent of the total according to the report.

JD refuted the mass layoff rumor and said more than 10,000 positions are expe

cted to be added as JD Logistics provides services to more industry customers.

Facing tougher competition from rivals such as Alibaba and Pinduoduo, JD is eyei

ng opportunities in the consumer market, which has shown great potential, Sina Finance reported.

Driven by rapid growth of e-comm

The annual survey Amazing China — the Most Attractive Chinese Cities for Expats 2018 unveiled its results at the Shenzhen foru

m of the Conference on International Exchange of Professionals on April 14 in Shenzhen, South China’s Guangdong province.

Zhang Jianguo, Vice Minister of the Ministry of Science and Technology, announced the results.

erce consumption, China’s express delivery volume reached 50.71 billio

n in 2018, an increase of 26.6 percent over the same period last year, the report said.

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On investment, members of the cooperation mechan

nism will provide a fair and just environment and a level playing

field for foreign companies doing business in their own countries by upholding the principl

es of mutual respect, mutual benefit and fair competition, according to the guidelines.

On the role and significance of China-CEEC cooperation, the guidelines said the mechan

ism constitutes an important part of Europe-China relationship and complements the EU-China Compre

hensive Strategic Partnership and the EU-China 2020 Strategic Agenda for Cooperation.

Reaffirming their commitment to deepening their partnership for peace, growth, reform a

nd civilization, the participants to the leaders’ meeting expressed their support for the early conclu

sion of an ambitious EU-China Comprehensive Agreement on Investment, said the guidelines.

On the Belt and Road Initiative, the participants said they recognize the importance

of the initiative and the EU Strategy on Connecting Europe and Asia and welcome forging synergies between them.

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Military aircraft exhibition opens in Xi’an display at the

Aviation Industry Corp of China, the country’s leading aircraft manufacturer, on Sunday launched an ex

hibition park in Xi’an, Shaanxi province.The park is located in an aviation industry compound in Xi’a

n’s northeastern suburb and showcases 16 aircraft used in flight testing.The exhibits represent prototypes of the Chinese military’s major aircraft down

through the years, including the CJ-6 basic trainer, J-7 fighter jet, KJ-2000 early-warning and control plane, as well

as the Z-10 attack helicopter.A J-8II fighter jet is on display at the exhibition park that opened to the public on Sunday in X

i’an, Northwest China’s Shaanxi province. Photo by Zhao Lei/chinadaily.com.cnThese aircraft contri

buted significantly to China’s aviation industry and flight test endeavors, and highlight the growth of the co

untry’s aviation sector, according to an Aviation Industry Corp of China statement.In addition to the aircraft, the par

k also features relief sculptures depicting the histories of Chinese planes’test flights.

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Cinema showing films in Burmese launched in Yunnan

China’s first cinema that shows films in the Burmese language opened in Ruili, Southwest China’s Y

unnan province, on Saturday, as the city celebrated one of its most important festivals, the Water Splashing Festival.

Named Bao Bo Hall in Chinese – transliterated from the word “brotherhood” in Burmese, the dedicated screening roo

m is in a 1,500-square-meter new cinema built with an investment of 12 million yuan ($1.78 million).

Films to be shown in the hall will be dubbed and subtitled in Burmese.

A major border crossing between China and Myanmar, Ruili is now home to ap

proximately 60,000 Burmese people, accounting for about one-third of its population.

In benefitting from the Belt and Road Initiative, as well as the China-Myanmar Economic Corridor, the small city has seen a

n increasingly close and active interaction between the two nations, both economically and culturally.

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