双色球专家免费预测PeoplerelaxontheembankmentofariverinMentougoudistrict,Beijing.(ChinaDaily/GaoZhenfa)CPCCentralCommitteesessionlaysoutguidelinesfornavigatingfutureChinawillcontinueonitspathofsustainabledevelopmentbyemphasizingecologicalcultivationtopromoteharmoniouscoexistencebetweenhumansandnature,arecentlyapprovedPartydocumentsaid.InlateOctober,theFourthPlenarySessionofthe19thCentralCommitteeoftheCommunistPartyofChinaapproveddecisionsupholdingandimprovingsocialismwithChinesecharacteristicsandadvancingthenationalgovernancesystemandgovernancecapacity.Thedecisionsincludedexercisingthestrictestpossibleenvironmentallyrelatedrestraintsandstrengtheningthesystemofaccountability.Theyemphasizedthatthecountrywillstronglysupportthemaximthatlucidwatersandlushmountainsareinvaluableassets."Weshouldpromotehighlyefficientutilizationofresources,improveinstitutionsforecologicalrestorationandconservation,andstrengthentheaccountabilitysystem,"thedocumentsaid.Italsolistedseveralmajortypesofworkthatneedtobestrengthened.Oneistospeedupthecreationofaspatialplanningsystemfornationalterritoryandmapoutareasundertheprincipleofthree"redlines"－ecologicalprotectionareas,permanentfarmlandandurbanboundaries."Thespatialplanningsystemplaysanimportantroleinthecountry'smanagementsystemandwillbecrucialinpromotingtheefficient,fairandhigh-qualityuseoftheterritory,"saidZhangBing,deputydirectoroftheNationalTerritorialSpatialPlanningBureauoftheMinistryofNaturalResources."Thecoreprincipleofthethreeredlinesismakingprotectionapriority,"saidZhang,whoalsoemphasizedthatdevelopmentshouldgivewaytoecologicalconcerns.SunXuedong,deputydirectorofthebureau,saidtheecologicalredlineswillguaranteethattheroleoftheecosystemwillfullyfunctionandareascurrentlyunderprotectionwillremainsoafterredlineadjustments.Hesaid,forexample,thatthepermanentfarmlanddesignationwillbemadeinlightofreasonablelong-termconcernsaboutscaletoguaranteethequalityoffarmlandismaintainedatahighlevel."Ofthethreeredlines,urbanboundarieswillbethemostchallenging,"Sunsaid."Giventheuncertaintiesofthefuture,thelinesshouldbedrawnwithdeepconsiderationforacity'seconomic,socialandculturaldevelopmentinthelong-term.Also,itshouldbepracticalformostregionsofthecountry,whichiseventougher."Zhangsaidthethreeredlineswillnotoverlaporconflict.Andtheywillbepartofanewnationalspatialdatasystem,understrictmanagementandsupervision.Anothermajortasklistedintheplenarysessiondecisionisbuildingamechanismforecosystemprotectionandrecovery.Underthedecision,thecountrywillstrengthenthesustainableuseandprotectionoftheecosystemandbuildasystemofnaturereserves,withnationalparksasamajorcomponent.Also,thedecisionurgedthepromotionofamassivegreeningprojectnationwideandstrengtheningthecontrolandmanagementofdensification－allaimedatprotectingthebiodiversityandecologicalsafetyofthecountry."Asamajorcomponentofthecountry'saimtobuildnaturereserves,theconstructionofnationalparkswillbeatoppriorityinourfuturework,"saidZhangJianlong,headoftheNationalForestryandGrasslandAdministration."Thedecisionsgavespecificguidelinesoncomprehensivelydeepeningreformwithrespecttonaturereserves.TheyaresupportiveofChina'soverallecologicalprotectionworkandwilllayafoundationforoureconomic,aswellassocial,sustainabledevelopment,"hesaid.Overthepastyear,theadministrationhasmadeinspectionsandevaluationsofChina's10pilotnationalparks,whichcovermorethan220,000squarekilometers.TheadministrationurgedthemanagementcommitteefortheparkstosolvesomeexistingproblemsbeforeJune,Zhangsaid.Asthepilotparksreachtheendoftrialsnextyear,theadministrationwillreevaluateallapplicationsandofficiallygrantparkstatustothosethatmeetthestandards.PeoplerelaxontheembankmentofariverinMentougoudistrict,Beijing.(ChinaDaily/GaoZhenfa)CPCCentralCommitteesessionlaysoutguidelinesfornavigatingfutureChinawillcontinueonitspathofsustainabledevelopmentbyemphasizingecologicalcultivationtopromoteharmoniouscoexistencebetweenhumansandnature,arecentlyapprovedPartydocumentsaid.InlateOctober,theFourthPlenarySessionofthe19thCentralCommitteeoftheCommunistPartyofChinaapproveddecisionsupholdingandimprovingsocialismwithChinesecharacteristicsandadvancingthenationalgovernancesystemandgovernancecapacity.Thedecisionsincludedexercisingthestrictestpossibleenvironmentallyrelatedrestraintsandstrengtheningthesystemofaccountability.Theyemphasizedthatthecountrywillstronglysupportthemaximthatlucidwatersandlushmountainsareinvaluableassets."Weshouldpromotehighlyefficientutilizationofresources,improveinstitutionsforecologicalrestorationandconservation,andstrengthentheaccountabilitysystem,"thedocumentsaid.Italsolistedseveralmajortypesofworkthatneedtobestrengthened.Oneistospeedupthecreationofaspatialplanningsystemfornationalterritoryandmapoutareasundertheprincipleofthree"redlines"－ecologicalprotectionareas,permanentfarmlandandurbanboundaries."Thespatialplanningsystemplaysanimportantroleinthecountry'smanagementsystemandwillbecrucialinpromotingtheefficient,fairandhigh-qualityuseoftheterritory,"saidZhangBing,deputydirectoroftheNationalTerritorialSpatialPlanningBureauoftheMinistryofNaturalResources."Thecoreprincipleofthethreeredlinesismakingprotectionapriority,"saidZhang,whoalsoemphasizedthatdevelopmentshouldgivewaytoecologicalconcerns.SunXuedong,deputydirectorofthebureau,saidtheecologicalredlineswillguaranteethattheroleoftheecosystemwillfullyfunctionandareascurrentlyunderprotectionwillremainsoafterredlineadjustments.Hesaid,forexample,thatthepermanentfarmlanddesignationwillbemadeinlightofreasonablelong-termconcernsaboutscaletoguaranteethequalityoffarmlandismaintainedatahighlevel."Ofthethreeredlines,urbanboundarieswillbethemostchallenging,"Sunsaid."Giventheuncertaintiesofthefuture,thelinesshouldbedrawnwithdeepconsiderationforacity'seconomic,socialandculturaldevelopmentinthelong-term.Also,itshouldbepracticalformostregionsofthecountry,whichiseventougher."Zhangsaidthethreeredlineswillnotoverlaporconflict.Andtheywillbepartofanewnationalspatialdatasystem,understrictmanagementandsupervision.Anothermajortasklistedintheplenarysessiondecisionisbuildingamechanismforecosystemprotectionandrecovery.Underthedecision,thecountrywillstrengthenthesustainableuseandprotectionoftheecosystemandbuildasystemofnaturereserves,withnationalparksasamajorcomponent.Also,thedecisionurgedthepromotionofamassivegreeningprojectnationwideandstrengtheningthecontrolandmanagementofdensification－allaimedatprotectingthebiodiversityandecologicalsafetyofthecountry."Asamajorcomponentofthecountry'saimtobuildnaturereserves,theconstructionofnationalparkswillbeatoppriorityinourfuturework,"saidZhangJianlong,headoftheNationalForestryandGrasslandAdministration."Thedecisionsgavespecificguidelinesoncomprehensivelydeepeningreformwithrespecttonaturereserves.TheyaresupportiveofChina'soverallecologicalprotectionworkandwilllayafoundationforoureconomic,aswellassocial,sustainabledevelopment,"hesaid.Overthepastyear,theadministrationhasmadeinspectionsandevaluationsofChina's10pilotnationalparks,whichcovermorethan220,000squarekilometers.TheadministrationurgedthemanagementcommitteefortheparkstosolvesomeexistingproblemsbeforeJune,Zhangsaid.Asthepilotparksreachtheendoftrialsnextyear,theadministrationwillreevaluateallapplicationsandofficiallygrantparkstatustothosethatmeetthestandards.
PeoplerelaxontheembankmentofariverinMentougoudistrict,Beijing.(ChinaDaily/GaoZhenfa)CPCCentralCommitteesessionlaysoutguidelinesfornavigatingfutureChinawillcontinueonitspathofsustainabledevelopmentbyemphasizingecologicalcultivationtopromoteharmoniouscoexistencebetweenhumansandnature,arecentlyapprovedPartydocumentsaid.InlateOctober,theFourthPlenarySessionofthe19thCentralCommitteeoftheCommunistPartyofChinaapproveddecisionsupholdingandimprovingsocialismwithChinesecharacteristicsandadvancingthenationalgovernancesystemandgovernancecapacity.Thedecisionsincludedexercisingthestrictestpossibleenvironmentallyrelatedrestraintsandstrengtheningthesystemofaccountability.Theyemphasizedthatthecountrywillstronglysupportthemaximthatlucidwatersandlushmountainsareinvaluableassets."Weshouldpromotehighlyefficientutilizationofresources,improveinstitutionsforecologicalrestorationandconservation,andstrengthentheaccountabilitysystem,"thedocumentsaid.Italsolistedseveralmajortypesofworkthatneedtobestrengthened.Oneistospeedupthecreationofaspatialplanningsystemfornationalterritoryandmapoutareasundertheprincipleofthree"redlines"－ecologicalprotectionareas,permanentfarmlandandurbanboundaries."Thespatialplanningsystemplaysanimportantroleinthecountry'smanagementsystemandwillbecrucialinpromotingtheefficient,fairandhigh-qualityuseoftheterritory,"saidZhangBing,deputydirectoroftheNationalTerritorialSpatialPlanningBureauoftheMinistryofNaturalResources."Thecoreprincipleofthethreeredlinesismakingprotectionapriority,"saidZhang,whoalsoemphasizedthatdevelopmentshouldgivewaytoecologicalconcerns.SunXuedong,deputydirectorofthebureau,saidtheecologicalredlineswillguaranteethattheroleoftheecosystemwillfullyfunctionandareascurrentlyunderprotectionwillremainsoafterredlineadjustments.Hesaid,forexample,thatthepermanentfarmlanddesignationwillbemadeinlightofreasonablelong-termconcernsaboutscaletoguaranteethequalityoffarmlandismaintainedatahighlevel."Ofthethreeredlines,urbanboundarieswillbethemostchallenging,"Sunsaid."Giventheuncertaintiesofthefuture,thelinesshouldbedrawnwithdeepconsiderationforacity'seconomic,socialandculturaldevelopmentinthelong-term.Also,itshouldbepracticalformostregionsofthecountry,whichiseventougher."Zhangsaidthethreeredlineswillnotoverlaporconflict.Andtheywillbepartofanewnationalspatialdatasystem,understrictmanagementandsupervision.Anothermajortasklistedintheplenarysessiondecisionisbuildingamechanismforecosystemprotectionandrecovery.Underthedecision,thecountrywillstrengthenthesustainableuseandprotectionoftheecosystemandbuildasystemofnaturereserves,withnationalparksasamajorcomponent.Also,thedecisionurgedthepromotionofamassivegreeningprojectnationwideandstrengtheningthecontrolandmanagementofdensification－allaimedatprotectingthebiodiversityandecologicalsafetyofthecountry."Asamajorcomponentofthecountry'saimtobuildnaturereserves,theconstructionofnationalparkswillbeatoppriorityinourfuturework,"saidZhangJianlong,headoftheNationalForestryandGrasslandAdministration."Thedecisionsgavespecificguidelinesoncomprehensivelydeepeningreformwithrespecttonaturereserves.TheyaresupportiveofChina'soverallecologicalprotectionworkandwilllayafoundationforoureconomic,aswellassocial,sustainabledevelopment,"hesaid.Overthepastyear,theadministrationhasmadeinspectionsandevaluationsofChina's10pilotnationalparks,whichcovermorethan220,000squarekilometers.TheadministrationurgedthemanagementcommitteefortheparkstosolvesomeexistingproblemsbeforeJune,Zhangsaid.Asthepilotparksreachtheendoftrialsnextyear,theadministrationwillreevaluateallapplicationsandofficiallygrantparkstatustothosethatmeetthestandards.PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.
Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955. PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.
PresidentXiJinpinghasencouragedChina'sauditofficestoassumetheirdutiesacrosstheboard,carryoutauditsinaccordancewiththelawandrefinetheirinstitutionsandmechanisms.XimadetheremarkinaninstructiontooutstandingauditingunitsandworkerscommendedrecentlybythreePartyandStatedepartments.Xiisheadofthecentralauditingcommittee,anorganformedintheinstitutionalreformofPartyandStatebodiesinMarch2018.Auditoffices,undertheunifiedleadershipoftheCPCCentralCommittee,mustadapttonewdemandsintheneweraandfocuscloselyontheoverallworkofthePartyandtheStateincomprehensivelyassumingtheirduties,Xisaidintheinstruction.HeurgedthemtomakegreatercontributionstothemodernizationofChina'sgovernancesystemanditscapacityforgovernance.HealsocommendedauditofficesforfullyimplementingthedecisionsandplansoftheCPCCentralCommittee,carryingouttheirdutiesinlinewiththelawandconductingtheirworkinaconcreteanddiligentmanner.TheyhaveplayedimportantrolesinensuringthatthedecisionsmadebytheCPCcanbethoroughlycarriedout,helpingtowinthethreecriticalbattlesagainstpotentialrisks,povertyandpollution,andsafeguardingtheorderoffinancialandeconomicaffairs,hesaid.Healsopraisedthemforhelpingtosafeguardandimprovepeople'slivelihoodsandpromotecleangovernance.Themodelworkersandunitswerecommendedrecentlybytheofficeofthecentralauditingcommittee,theMinistryofHumanResourcesandSocialSecurityandtheNationalAuditOffice.PremierLiKeqiangandZhaoLeji,secretaryoftheCentralCommissionforDisciplineInspection,thecountry'stopanti-graftwatchdog,metwithrepresentativesoftheunitsandworkersinBeijingonThursday.LiandZhaoarebothdeputydirectorsofthecentralauditingcommittee.ChinesePremierLiKeqiangandSecretaryoftheCommunistPartyofChina(CPC)CentralCommissionforDisciplineInspectionZhaoLeji,bothmembersoftheStandingCommitteeofthePoliticalBureauoftheCPCCentralCommitteeandviceheadsofthecentralauditingcommittee,meetwithrepresentativesofoutstandingunitsandindividualsofthecountry'sauditingorgansinBeijing,capitalofChina,Jan.2,2020.(Xinhua/YaoDawei)此外，中国还将实施亚太6D卫星、卫星互联网融合试验星等商业卫星发射，并实施多型装备型号飞行试验任务。
PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.资料图：长征五号遥三火箭成功发射实践二十号卫星。
Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955. PresidentXiJinpinghasencouragedChina'sauditofficestoassumetheirdutiesacrosstheboard,carryoutauditsinaccordancewiththelawandrefinetheirinstitutionsandmechanisms.XimadetheremarkinaninstructiontooutstandingauditingunitsandworkerscommendedrecentlybythreePartyandStatedepartments.Xiisheadofthecentralauditingcommittee,anorganformedintheinstitutionalreformofPartyandStatebodiesinMarch2018.Auditoffices,undertheunifiedleadershipoftheCPCCentralCommittee,mustadapttonewdemandsintheneweraandfocuscloselyontheoverallworkofthePartyandtheStateincomprehensivelyassumingtheirduties,Xisaidintheinstruction.HeurgedthemtomakegreatercontributionstothemodernizationofChina'sgovernancesystemanditscapacityforgovernance.HealsocommendedauditofficesforfullyimplementingthedecisionsandplansoftheCPCCentralCommittee,carryingouttheirdutiesinlinewiththelawandconductingtheirworkinaconcreteanddiligentmanner.TheyhaveplayedimportantrolesinensuringthatthedecisionsmadebytheCPCcanbethoroughlycarriedout,helpingtowinthethreecriticalbattlesagainstpotentialrisks,povertyandpollution,andsafeguardingtheorderoffinancialandeconomicaffairs,hesaid.Healsopraisedthemforhelpingtosafeguardandimprovepeople'slivelihoodsandpromotecleangovernance.Themodelworkersandunitswerecommendedrecentlybytheofficeofthecentralauditingcommittee,theMinistryofHumanResourcesandSocialSecurityandtheNationalAuditOffice.PremierLiKeqiangandZhaoLeji,secretaryoftheCentralCommissionforDisciplineInspection,thecountry'stopanti-graftwatchdog,metwithrepresentativesoftheunitsandworkersinBeijingonThursday.LiandZhaoarebothdeputydirectorsofthecentralauditingcommittee.ChinesePremierLiKeqiangandSecretaryoftheCommunistPartyofChina(CPC)CentralCommissionforDisciplineInspectionZhaoLeji,bothmembersoftheStandingCommitteeofthePoliticalBureauoftheCPCCentralCommitteeandviceheadsofthecentralauditingcommittee,meetwithrepresentativesofoutstandingunitsandindividualsofthecountry'sauditingorgansinBeijing,capitalofChina,Jan.2,2020.(Xinhua/YaoDawei)
资料图：长征五号遥三火箭成功发射实践二十号卫星。PeoplerelaxontheembankmentofariverinMentougoudistrict,Beijing.(ChinaDaily/GaoZhenfa)CPCCentralCommitteesessionlaysoutguidelinesfornavigatingfutureChinawillcontinueonitspathofsustainabledevelopmentbyemphasizingecologicalcultivationtopromoteharmoniouscoexistencebetweenhumansandnature,arecentlyapprovedPartydocumentsaid.InlateOctober,theFourthPlenarySessionofthe19thCentralCommitteeoftheCommunistPartyofChinaapproveddecisionsupholdingandimprovingsocialismwithChinesecharacteristicsandadvancingthenationalgovernancesystemandgovernancecapacity.Thedecisionsincludedexercisingthestrictestpossibleenvironmentallyrelatedrestraintsandstrengtheningthesystemofaccountability.Theyemphasizedthatthecountrywillstronglysupportthemaximthatlucidwatersandlushmountainsareinvaluableassets."Weshouldpromotehighlyefficientutilizationofresources,improveinstitutionsforecologicalrestorationandconservation,andstrengthentheaccountabilitysystem,"thedocumentsaid.Italsolistedseveralmajortypesofworkthatneedtobestrengthened.Oneistospeedupthecreationofaspatialplanningsystemfornationalterritoryandmapoutareasundertheprincipleofthree"redlines"－ecologicalprotectionareas,permanentfarmlandandurbanboundaries."Thespatialplanningsystemplaysanimportantroleinthecountry'smanagementsystemandwillbecrucialinpromotingtheefficient,fairandhigh-qualityuseoftheterritory,"saidZhangBing,deputydirectoroftheNationalTerritorialSpatialPlanningBureauoftheMinistryofNaturalResources."Thecoreprincipleofthethreeredlinesismakingprotectionapriority,"saidZhang,whoalsoemphasizedthatdevelopmentshouldgivewaytoecologicalconcerns.SunXuedong,deputydirectorofthebureau,saidtheecologicalredlineswillguaranteethattheroleoftheecosystemwillfullyfunctionandareascurrentlyunderprotectionwillremainsoafterredlineadjustments.Hesaid,forexample,thatthepermanentfarmlanddesignationwillbemadeinlightofreasonablelong-termconcernsaboutscaletoguaranteethequalityoffarmlandismaintainedatahighlevel."Ofthethreeredlines,urbanboundarieswillbethemostchallenging,"Sunsaid."Giventheuncertaintiesofthefuture,thelinesshouldbedrawnwithdeepconsiderationforacity'seconomic,socialandculturaldevelopmentinthelong-term.Also,itshouldbepracticalformostregionsofthecountry,whichiseventougher."Zhangsaidthethreeredlineswillnotoverlaporconflict.Andtheywillbepartofanewnationalspatialdatasystem,understrictmanagementandsupervision.Anothermajortasklistedintheplenarysessiondecisionisbuildingamechanismforecosystemprotectionandrecovery.Underthedecision,thecountrywillstrengthenthesustainableuseandprotectionoftheecosystemandbuildasystemofnaturereserves,withnationalparksasamajorcomponent.Also,thedecisionurgedthepromotionofamassivegreeningprojectnationwideandstrengtheningthecontrolandmanagementofdensification－allaimedatprotectingthebiodiversityandecologicalsafetyofthecountry."Asamajorcomponentofthecountry'saimtobuildnaturereserves,theconstructionofnationalparkswillbeatoppriorityinourfuturework,"saidZhangJianlong,headoftheNationalForestryandGrasslandAdministration."Thedecisionsgavespecificguidelinesoncomprehensivelydeepeningreformwithrespecttonaturereserves.TheyaresupportiveofChina'soverallecologicalprotectionworkandwilllayafoundationforoureconomic,aswellassocial,sustainabledevelopment,"hesaid.Overthepastyear,theadministrationhasmadeinspectionsandevaluationsofChina's10pilotnationalparks,whichcovermorethan220,000squarekilometers.TheadministrationurgedthemanagementcommitteefortheparkstosolvesomeexistingproblemsbeforeJune,Zhangsaid.Asthepilotparksreachtheendoftrialsnextyear,theadministrationwillreevaluateallapplicationsandofficiallygrantparkstatustothosethatmeetthestandards.
PeoplerelaxontheembankmentofariverinMentougoudistrict,Beijing.(ChinaDaily/GaoZhenfa)CPCCentralCommitteesessionlaysoutguidelinesfornavigatingfutureChinawillcontinueonitspathofsustainabledevelopmentbyemphasizingecologicalcultivationtopromoteharmoniouscoexistencebetweenhumansandnature,arecentlyapprovedPartydocumentsaid.InlateOctober,theFourthPlenarySessionofthe19thCentralCommitteeoftheCommunistPartyofChinaapproveddecisionsupholdingandimprovingsocialismwithChinesecharacteristicsandadvancingthenationalgovernancesystemandgovernancecapacity.Thedecisionsincludedexercisingthestrictestpossibleenvironmentallyrelatedrestraintsandstrengtheningthesystemofaccountability.Theyemphasizedthatthecountrywillstronglysupportthemaximthatlucidwatersandlushmountainsareinvaluableassets."Weshouldpromotehighlyefficientutilizationofresources,improveinstitutionsforecologicalrestorationandconservation,andstrengthentheaccountabilitysystem,"thedocumentsaid.Italsolistedseveralmajortypesofworkthatneedtobestrengthened.Oneistospeedupthecreationofaspatialplanningsystemfornationalterritoryandmapoutareasundertheprincipleofthree"redlines"－ecologicalprotectionareas,permanentfarmlandandurbanboundaries."Thespatialplanningsystemplaysanimportantroleinthecountry'smanagementsystemandwillbecrucialinpromotingtheefficient,fairandhigh-qualityuseoftheterritory,"saidZhangBing,deputydirectoroftheNationalTerritorialSpatialPlanningBureauoftheMinistryofNaturalResources."Thecoreprincipleofthethreeredlinesismakingprotectionapriority,"saidZhang,whoalsoemphasizedthatdevelopmentshouldgivewaytoecologicalconcerns.SunXuedong,deputydirectorofthebureau,saidtheecologicalredlineswillguaranteethattheroleoftheecosystemwillfullyfunctionandareascurrentlyunderprotectionwillremainsoafterredlineadjustments.Hesaid,forexample,thatthepermanentfarmlanddesignationwillbemadeinlightofreasonablelong-termconcernsaboutscaletoguaranteethequalityoffarmlandismaintainedatahighlevel."Ofthethreeredlines,urbanboundarieswillbethemostchallenging,"Sunsaid."Giventheuncertaintiesofthefuture,thelinesshouldbedrawnwithdeepconsiderationforacity'seconomic,socialandculturaldevelopmentinthelong-term.Also,itshouldbepracticalformostregionsofthecountry,whichiseventougher."Zhangsaidthethreeredlineswillnotoverlaporconflict.Andtheywillbepartofanewnationalspatialdatasystem,understrictmanagementandsupervision.Anothermajortasklistedintheplenarysessiondecisionisbuildingamechanismforecosystemprotectionandrecovery.Underthedecision,thecountrywillstrengthenthesustainableuseandprotectionoftheecosystemandbuildasystemofnaturereserves,withnationalparksasamajorcomponent.Also,thedecisionurgedthepromotionofamassivegreeningprojectnationwideandstrengtheningthecontrolandmanagementofdensification－allaimedatprotectingthebiodiversityandecologicalsafetyofthecountry."Asamajorcomponentofthecountry'saimtobuildnaturereserves,theconstructionofnationalparkswillbeatoppriorityinourfuturework,"saidZhangJianlong,headoftheNationalForestryandGrasslandAdministration."Thedecisionsgavespecificguidelinesoncomprehensivelydeepeningreformwithrespecttonaturereserves.TheyaresupportiveofChina'soverallecologicalprotectionworkandwilllayafoundationforoureconomic,aswellassocial,sustainabledevelopment,"hesaid.Overthepastyear,theadministrationhasmadeinspectionsandevaluationsofChina's10pilotnationalparks,whichcovermorethan220,000squarekilometers.TheadministrationurgedthemanagementcommitteefortheparkstosolvesomeexistingproblemsbeforeJune,Zhangsaid.Asthepilotparksreachtheendoftrialsnextyear,theadministrationwillreevaluateallapplicationsandofficiallygrantparkstatustothosethatmeetthestandards.PeoplerelaxontheembankmentofariverinMentougoudistrict,Beijing.(ChinaDaily/GaoZhenfa)CPCCentralCommitteesessionlaysoutguidelinesfornavigatingfutureChinawillcontinueonitspathofsustainabledevelopmentbyemphasizingecologicalcultivationtopromoteharmoniouscoexistencebetweenhumansandnature,arecentlyapprovedPartydocumentsaid.InlateOctober,theFourthPlenarySessionofthe19thCentralCommitteeoftheCommunistPartyofChinaapproveddecisionsupholdingandimprovingsocialismwithChinesecharacteristicsandadvancingthenationalgovernancesystemandgovernancecapacity.Thedecisionsincludedexercisingthestrictestpossibleenvironmentallyrelatedrestraintsandstrengtheningthesystemofaccountability.Theyemphasizedthatthecountrywillstronglysupportthemaximthatlucidwatersandlushmountainsareinvaluableassets."Weshouldpromotehighlyefficientutilizationofresources,improveinstitutionsforecologicalrestorationandconservation,andstrengthentheaccountabilitysystem,"thedocumentsaid.Italsolistedseveralmajortypesofworkthatneedtobestrengthened.Oneistospeedupthecreationofaspatialplanningsystemfornationalterritoryandmapoutareasundertheprincipleofthree"redlines"－ecologicalprotectionareas,permanentfarmlandandurbanboundaries."Thespatialplanningsystemplaysanimportantroleinthecountry'smanagementsystemandwillbecrucialinpromotingtheefficient,fairandhigh-qualityuseoftheterritory,"saidZhangBing,deputydirectoroftheNationalTerritorialSpatialPlanningBureauoftheMinistryofNaturalResources."Thecoreprincipleofthethreeredlinesismakingprotectionapriority,"saidZhang,whoalsoemphasizedthatdevelopmentshouldgivewaytoecologicalconcerns.SunXuedong,deputydirectorofthebureau,saidtheecologicalredlineswillguaranteethattheroleoftheecosystemwillfullyfunctionandareascurrentlyunderprotectionwillremainsoafterredlineadjustments.Hesaid,forexample,thatthepermanentfarmlanddesignationwillbemadeinlightofreasonablelong-termconcernsaboutscaletoguaranteethequalityoffarmlandismaintainedatahighlevel."Ofthethreeredlines,urbanboundarieswillbethemostchallenging,"Sunsaid."Giventheuncertaintiesofthefuture,thelinesshouldbedrawnwithdeepconsiderationforacity'seconomic,socialandculturaldevelopmentinthelong-term.Also,itshouldbepracticalformostregionsofthecountry,whichiseventougher."Zhangsaidthethreeredlineswillnotoverlaporconflict.Andtheywillbepartofanewnationalspatialdatasystem,understrictmanagementandsupervision.Anothermajortasklistedintheplenarysessiondecisionisbuildingamechanismforecosystemprotectionandrecovery.Underthedecision,thecountrywillstrengthenthesustainableuseandprotectionoftheecosystemandbuildasystemofnaturereserves,withnationalparksasamajorcomponent.Also,thedecisionurgedthepromotionofamassivegreeningprojectnationwideandstrengtheningthecontrolandmanagementofdensification－allaimedatprotectingthebiodiversityandecologicalsafetyofthecountry."Asamajorcomponentofthecountry'saimtobuildnaturereserves,theconstructionofnationalparkswillbeatoppriorityinourfuturework,"saidZhangJianlong,headoftheNationalForestryandGrasslandAdministration."Thedecisionsgavespecificguidelinesoncomprehensivelydeepeningreformwithrespecttonaturereserves.TheyaresupportiveofChina'soverallecologicalprotectionworkandwilllayafoundationforoureconomic,aswellassocial,sustainabledevelopment,"hesaid.Overthepastyear,theadministrationhasmadeinspectionsandevaluationsofChina's10pilotnationalparks,whichcovermorethan220,000squarekilometers.TheadministrationurgedthemanagementcommitteefortheparkstosolvesomeexistingproblemsbeforeJune,Zhangsaid.Asthepilotparksreachtheendoftrialsnextyear,theadministrationwillreevaluateallapplicationsandofficiallygrantparkstatustothosethatmeetthestandards.
Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955. PeoplerelaxontheembankmentofariverinMentougoudistrict,Beijing.(ChinaDaily/GaoZhenfa)CPCCentralCommitteesessionlaysoutguidelinesfornavigatingfutureChinawillcontinueonitspathofsustainabledevelopmentbyemphasizingecologicalcultivationtopromoteharmoniouscoexistencebetweenhumansandnature,arecentlyapprovedPartydocumentsaid.InlateOctober,theFourthPlenarySessionofthe19thCentralCommitteeoftheCommunistPartyofChinaapproveddecisionsupholdingandimprovingsocialismwithChinesecharacteristicsandadvancingthenationalgovernancesystemandgovernancecapacity.Thedecisionsincludedexercisingthestrictestpossibleenvironmentallyrelatedrestraintsandstrengtheningthesystemofaccountability.Theyemphasizedthatthecountrywillstronglysupportthemaximthatlucidwatersandlushmountainsareinvaluableassets."Weshouldpromotehighlyefficientutilizationofresources,improveinstitutionsforecologicalrestorationandconservation,andstrengthentheaccountabilitysystem,"thedocumentsaid.Italsolistedseveralmajortypesofworkthatneedtobestrengthened.Oneistospeedupthecreationofaspatialplanningsystemfornationalterritoryandmapoutareasundertheprincipleofthree"redlines"－ecologicalprotectionareas,permanentfarmlandandurbanboundaries."Thespatialplanningsystemplaysanimportantroleinthecountry'smanagementsystemandwillbecrucialinpromotingtheefficient,fairandhigh-qualityuseoftheterritory,"saidZhangBing,deputydirectoroftheNationalTerritorialSpatialPlanningBureauoftheMinistryofNaturalResources."Thecoreprincipleofthethreeredlinesismakingprotectionapriority,"saidZhang,whoalsoemphasizedthatdevelopmentshouldgivewaytoecologicalconcerns.SunXuedong,deputydirectorofthebureau,saidtheecologicalredlineswillguaranteethattheroleoftheecosystemwillfullyfunctionandareascurrentlyunderprotectionwillremainsoafterredlineadjustments.Hesaid,forexample,thatthepermanentfarmlanddesignationwillbemadeinlightofreasonablelong-termconcernsaboutscaletoguaranteethequalityoffarmlandismaintainedatahighlevel."Ofthethreeredlines,urbanboundarieswillbethemostchallenging,"Sunsaid."Giventheuncertaintiesofthefuture,thelinesshouldbedrawnwithdeepconsiderationforacity'seconomic,socialandculturaldevelopmentinthelong-term.Also,itshouldbepracticalformostregionsofthecountry,whichiseventougher."Zhangsaidthethreeredlineswillnotoverlaporconflict.Andtheywillbepartofanewnationalspatialdatasystem,understrictmanagementandsupervision.Anothermajortasklistedintheplenarysessiondecisionisbuildingamechanismforecosystemprotectionandrecovery.Underthedecision,thecountrywillstrengthenthesustainableuseandprotectionoftheecosystemandbuildasystemofnaturereserves,withnationalparksasamajorcomponent.Also,thedecisionurgedthepromotionofamassivegreeningprojectnationwideandstrengtheningthecontrolandmanagementofdensification－allaimedatprotectingthebiodiversityandecologicalsafetyofthecountry."Asamajorcomponentofthecountry'saimtobuildnaturereserves,theconstructionofnationalparkswillbeatoppriorityinourfuturework,"saidZhangJianlong,headoftheNationalForestryandGrasslandAdministration."Thedecisionsgavespecificguidelinesoncomprehensivelydeepeningreformwithrespecttonaturereserves.TheyaresupportiveofChina'soverallecologicalprotectionworkandwilllayafoundationforoureconomic,aswellassocial,sustainabledevelopment,"hesaid.Overthepastyear,theadministrationhasmadeinspectionsandevaluationsofChina's10pilotnationalparks,whichcovermorethan220,000squarekilometers.TheadministrationurgedthemanagementcommitteefortheparkstosolvesomeexistingproblemsbeforeJune,Zhangsaid.Asthepilotparksreachtheendoftrialsnextyear,theadministrationwillreevaluateallapplicationsandofficiallygrantparkstatustothosethatmeetthestandards.
Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955. PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.
资料图：长征五号遥三火箭成功发射实践二十号卫星。Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.
Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955. PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.
Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955. Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.
PeoplerelaxontheembankmentofariverinMentougoudistrict,Beijing.(ChinaDaily/GaoZhenfa)CPCCentralCommitteesessionlaysoutguidelinesfornavigatingfutureChinawillcontinueonitspathofsustainabledevelopmentbyemphasizingecologicalcultivationtopromoteharmoniouscoexistencebetweenhumansandnature,arecentlyapprovedPartydocumentsaid.InlateOctober,theFourthPlenarySessionofthe19thCentralCommitteeoftheCommunistPartyofChinaapproveddecisionsupholdingandimprovingsocialismwithChinesecharacteristicsandadvancingthenationalgovernancesystemandgovernancecapacity.Thedecisionsincludedexercisingthestrictestpossibleenvironmentallyrelatedrestraintsandstrengtheningthesystemofaccountability.Theyemphasizedthatthecountrywillstronglysupportthemaximthatlucidwatersandlushmountainsareinvaluableassets."Weshouldpromotehighlyefficientutilizationofresources,improveinstitutionsforecologicalrestorationandconservation,andstrengthentheaccountabilitysystem,"thedocumentsaid.Italsolistedseveralmajortypesofworkthatneedtobestrengthened.Oneistospeedupthecreationofaspatialplanningsystemfornationalterritoryandmapoutareasundertheprincipleofthree"redlines"－ecologicalprotectionareas,permanentfarmlandandurbanboundaries."Thespatialplanningsystemplaysanimportantroleinthecountry'smanagementsystemandwillbecrucialinpromotingtheefficient,fairandhigh-qualityuseoftheterritory,"saidZhangBing,deputydirectoroftheNationalTerritorialSpatialPlanningBureauoftheMinistryofNaturalResources."Thecoreprincipleofthethreeredlinesismakingprotectionapriority,"saidZhang,whoalsoemphasizedthatdevelopmentshouldgivewaytoecologicalconcerns.SunXuedong,deputydirectorofthebureau,saidtheecologicalredlineswillguaranteethattheroleoftheecosystemwillfullyfunctionandareascurrentlyunderprotectionwillremainsoafterredlineadjustments.Hesaid,forexample,thatthepermanentfarmlanddesignationwillbemadeinlightofreasonablelong-termconcernsaboutscaletoguaranteethequalityoffarmlandismaintainedatahighlevel."Ofthethreeredlines,urbanboundarieswillbethemostchallenging,"Sunsaid."Giventheuncertaintiesofthefuture,thelinesshouldbedrawnwithdeepconsiderationforacity'seconomic,socialandculturaldevelopmentinthelong-term.Also,itshouldbepracticalformostregionsofthecountry,whichiseventougher."Zhangsaidthethreeredlineswillnotoverlaporconflict.Andtheywillbepartofanewnationalspatialdatasystem,understrictmanagementandsupervision.Anothermajortasklistedintheplenarysessiondecisionisbuildingamechanismforecosystemprotectionandrecovery.Underthedecision,thecountrywillstrengthenthesustainableuseandprotectionoftheecosystemandbuildasystemofnaturereserves,withnationalparksasamajorcomponent.Also,thedecisionurgedthepromotionofamassivegreeningprojectnationwideandstrengtheningthecontrolandmanagementofdensification－allaimedatprotectingthebiodiversityandecologicalsafetyofthecountry."Asamajorcomponentofthecountry'saimtobuildnaturereserves,theconstructionofnationalparkswillbeatoppriorityinourfuturework,"saidZhangJianlong,headoftheNationalForestryandGrasslandAdministration."Thedecisionsgavespecificguidelinesoncomprehensivelydeepeningreformwithrespecttonaturereserves.TheyaresupportiveofChina'soverallecologicalprotectionworkandwilllayafoundationforoureconomic,aswellassocial,sustainabledevelopment,"hesaid.Overthepastyear,theadministrationhasmadeinspectionsandevaluationsofChina's10pilotnationalparks,whichcovermorethan220,000squarekilometers.TheadministrationurgedthemanagementcommitteefortheparkstosolvesomeexistingproblemsbeforeJune,Zhangsaid.Asthepilotparksreachtheendoftrialsnextyear,theadministrationwillreevaluateallapplicationsandofficiallygrantparkstatustothosethatmeetthestandards.PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.
Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955. PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.
PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.
PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.
Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955. Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.
Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955. PeoplerelaxontheembankmentofariverinMentougoudistrict,Beijing.(ChinaDaily/GaoZhenfa)CPCCentralCommitteesessionlaysoutguidelinesfornavigatingfutureChinawillcontinueonitspathofsustainabledevelopmentbyemphasizingecologicalcultivationtopromoteharmoniouscoexistencebetweenhumansandnature,arecentlyapprovedPartydocumentsaid.InlateOctober,theFourthPlenarySessionofthe19thCentralCommitteeoftheCommunistPartyofChinaapproveddecisionsupholdingandimprovingsocialismwithChinesecharacteristicsandadvancingthenationalgovernancesystemandgovernancecapacity.Thedecisionsincludedexercisingthestrictestpossibleenvironmentallyrelatedrestraintsandstrengtheningthesystemofaccountability.Theyemphasizedthatthecountrywillstronglysupportthemaximthatlucidwatersandlushmountainsareinvaluableassets."Weshouldpromotehighlyefficientutilizationofresources,improveinstitutionsforecologicalrestorationandconservation,andstrengthentheaccountabilitysystem,"thedocumentsaid.Italsolistedseveralmajortypesofworkthatneedtobestrengthened.Oneistospeedupthecreationofaspatialplanningsystemfornationalterritoryandmapoutareasundertheprincipleofthree"redlines"－ecologicalprotectionareas,permanentfarmlandandurbanboundaries."Thespatialplanningsystemplaysanimportantroleinthecountry'smanagementsystemandwillbecrucialinpromotingtheefficient,fairandhigh-qualityuseoftheterritory,"saidZhangBing,deputydirectoroftheNationalTerritorialSpatialPlanningBureauoftheMinistryofNaturalResources."Thecoreprincipleofthethreeredlinesismakingprotectionapriority,"saidZhang,whoalsoemphasizedthatdevelopmentshouldgivewaytoecologicalconcerns.SunXuedong,deputydirectorofthebureau,saidtheecologicalredlineswillguaranteethattheroleoftheecosystemwillfullyfunctionandareascurrentlyunderprotectionwillremainsoafterredlineadjustments.Hesaid,forexample,thatthepermanentfarmlanddesignationwillbemadeinlightofreasonablelong-termconcernsaboutscaletoguaranteethequalityoffarmlandismaintainedatahighlevel."Ofthethreeredlines,urbanboundarieswillbethemostchallenging,"Sunsaid."Giventheuncertaintiesofthefuture,thelinesshouldbedrawnwithdeepconsiderationforacity'seconomic,socialandculturaldevelopmentinthelong-term.Also,itshouldbepracticalformostregionsofthecountry,whichiseventougher."Zhangsaidthethreeredlineswillnotoverlaporconflict.Andtheywillbepartofanewnationalspatialdatasystem,understrictmanagementandsupervision.Anothermajortasklistedintheplenarysessiondecisionisbuildingamechanismforecosystemprotectionandrecovery.Underthedecision,thecountrywillstrengthenthesustainableuseandprotectionoftheecosystemandbuildasystemofnaturereserves,withnationalparksasamajorcomponent.Also,thedecisionurgedthepromotionofamassivegreeningprojectnationwideandstrengtheningthecontrolandmanagementofdensification－allaimedatprotectingthebiodiversityandecologicalsafetyofthecountry."Asamajorcomponentofthecountry'saimtobuildnaturereserves,theconstructionofnationalparkswillbeatoppriorityinourfuturework,"saidZhangJianlong,headoftheNationalForestryandGrasslandAdministration."Thedecisionsgavespecificguidelinesoncomprehensivelydeepeningreformwithrespecttonaturereserves.TheyaresupportiveofChina'soverallecologicalprotectionworkandwilllayafoundationforoureconomic,aswellassocial,sustainabledevelopment,"hesaid.Overthepastyear,theadministrationhasmadeinspectionsandevaluationsofChina's10pilotnationalparks,whichcovermorethan220,000squarekilometers.TheadministrationurgedthemanagementcommitteefortheparkstosolvesomeexistingproblemsbeforeJune,Zhangsaid.Asthepilotparksreachtheendoftrialsnextyear,theadministrationwillreevaluateallapplicationsandofficiallygrantparkstatustothosethatmeetthestandards.
Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955. 资料图：长征五号遥三火箭成功发射实践二十号卫星。
PeoplerelaxontheembankmentofariverinMentougoudistrict,Beijing.(ChinaDaily/GaoZhenfa)CPCCentralCommitteesessionlaysoutguidelinesfornavigatingfutureChinawillcontinueonitspathofsustainabledevelopmentbyemphasizingecologicalcultivationtopromoteharmoniouscoexistencebetweenhumansandnature,arecentlyapprovedPartydocumentsaid.InlateOctober,theFourthPlenarySessionofthe19thCentralCommitteeoftheCommunistPartyofChinaapproveddecisionsupholdingandimprovingsocialismwithChinesecharacteristicsandadvancingthenationalgovernancesystemandgovernancecapacity.Thedecisionsincludedexercisingthestrictestpossibleenvironmentallyrelatedrestraintsandstrengtheningthesystemofaccountability.Theyemphasizedthatthecountrywillstronglysupportthemaximthatlucidwatersandlushmountainsareinvaluableassets."Weshouldpromotehighlyefficientutilizationofresources,improveinstitutionsforecologicalrestorationandconservation,andstrengthentheaccountabilitysystem,"thedocumentsaid.Italsolistedseveralmajortypesofworkthatneedtobestrengthened.Oneistospeedupthecreationofaspatialplanningsystemfornationalterritoryandmapoutareasundertheprincipleofthree"redlines"－ecologicalprotectionareas,permanentfarmlandandurbanboundaries."Thespatialplanningsystemplaysanimportantroleinthecountry'smanagementsystemandwillbecrucialinpromotingtheefficient,fairandhigh-qualityuseoftheterritory,"saidZhangBing,deputydirectoroftheNationalTerritorialSpatialPlanningBureauoftheMinistryofNaturalResources."Thecoreprincipleofthethreeredlinesismakingprotectionapriority,"saidZhang,whoalsoemphasizedthatdevelopmentshouldgivewaytoecologicalconcerns.SunXuedong,deputydirectorofthebureau,saidtheecologicalredlineswillguaranteethattheroleoftheecosystemwillfullyfunctionandareascurrentlyunderprotectionwillremainsoafterredlineadjustments.Hesaid,forexample,thatthepermanentfarmlanddesignationwillbemadeinlightofreasonablelong-termconcernsaboutscaletoguaranteethequalityoffarmlandismaintainedatahighlevel."Ofthethreeredlines,urbanboundarieswillbethemostchallenging,"Sunsaid."Giventheuncertaintiesofthefuture,thelinesshouldbedrawnwithdeepconsiderationforacity'seconomic,socialandculturaldevelopmentinthelong-term.Also,itshouldbepracticalformostregionsofthecountry,whichiseventougher."Zhangsaidthethreeredlineswillnotoverlaporconflict.Andtheywillbepartofanewnationalspatialdatasystem,understrictmanagementandsupervision.Anothermajortasklistedintheplenarysessiondecisionisbuildingamechanismforecosystemprotectionandrecovery.Underthedecision,thecountrywillstrengthenthesustainableuseandprotectionoftheecosystemandbuildasystemofnaturereserves,withnationalparksasamajorcomponent.Also,thedecisionurgedthepromotionofamassivegreeningprojectnationwideandstrengtheningthecontrolandmanagementofdensification－allaimedatprotectingthebiodiversityandecologicalsafetyofthecountry."Asamajorcomponentofthecountry'saimtobuildnaturereserves,theconstructionofnationalparkswillbeatoppriorityinourfuturework,"saidZhangJianlong,headoftheNationalForestryandGrasslandAdministration."Thedecisionsgavespecificguidelinesoncomprehensivelydeepeningreformwithrespecttonaturereserves.TheyaresupportiveofChina'soverallecologicalprotectionworkandwilllayafoundationforoureconomic,aswellassocial,sustainabledevelopment,"hesaid.Overthepastyear,theadministrationhasmadeinspectionsandevaluationsofChina's10pilotnationalparks,whichcovermorethan220,000squarekilometers.TheadministrationurgedthemanagementcommitteefortheparkstosolvesomeexistingproblemsbeforeJune,Zhangsaid.Asthepilotparksreachtheendoftrialsnextyear,theadministrationwillreevaluateallapplicationsandofficiallygrantparkstatustothosethatmeetthestandards.Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.
PeoplerelaxontheembankmentofariverinMentougoudistrict,Beijing.(ChinaDaily/GaoZhenfa)CPCCentralCommitteesessionlaysoutguidelinesfornavigatingfutureChinawillcontinueonitspathofsustainabledevelopmentbyemphasizingecologicalcultivationtopromoteharmoniouscoexistencebetweenhumansandnature,arecentlyapprovedPartydocumentsaid.InlateOctober,theFourthPlenarySessionofthe19thCentralCommitteeoftheCommunistPartyofChinaapproveddecisionsupholdingandimprovingsocialismwithChinesecharacteristicsandadvancingthenationalgovernancesystemandgovernancecapacity.Thedecisionsincludedexercisingthestrictestpossibleenvironmentallyrelatedrestraintsandstrengtheningthesystemofaccountability.Theyemphasizedthatthecountrywillstronglysupportthemaximthatlucidwatersandlushmountainsareinvaluableassets."Weshouldpromotehighlyefficientutilizationofresources,improveinstitutionsforecologicalrestorationandconservation,andstrengthentheaccountabilitysystem,"thedocumentsaid.Italsolistedseveralmajortypesofworkthatneedtobestrengthened.Oneistospeedupthecreationofaspatialplanningsystemfornationalterritoryandmapoutareasundertheprincipleofthree"redlines"－ecologicalprotectionareas,permanentfarmlandandurbanboundaries."Thespatialplanningsystemplaysanimportantroleinthecountry'smanagementsystemandwillbecrucialinpromotingtheefficient,fairandhigh-qualityuseoftheterritory,"saidZhangBing,deputydirectoroftheNationalTerritorialSpatialPlanningBureauoftheMinistryofNaturalResources."Thecoreprincipleofthethreeredlinesismakingprotectionapriority,"saidZhang,whoalsoemphasizedthatdevelopmentshouldgivewaytoecologicalconcerns.SunXuedong,deputydirectorofthebureau,saidtheecologicalredlineswillguaranteethattheroleoftheecosystemwillfullyfunctionandareascurrentlyunderprotectionwillremainsoafterredlineadjustments.Hesaid,forexample,thatthepermanentfarmlanddesignationwillbemadeinlightofreasonablelong-termconcernsaboutscaletoguaranteethequalityoffarmlandismaintainedatahighlevel."Ofthethreeredlines,urbanboundarieswillbethemostchallenging,"Sunsaid."Giventheuncertaintiesofthefuture,thelinesshouldbedrawnwithdeepconsiderationforacity'seconomic,socialandculturaldevelopmentinthelong-term.Also,itshouldbepracticalformostregionsofthecountry,whichiseventougher."Zhangsaidthethreeredlineswillnotoverlaporconflict.Andtheywillbepartofanewnationalspatialdatasystem,understrictmanagementandsupervision.Anothermajortasklistedintheplenarysessiondecisionisbuildingamechanismforecosystemprotectionandrecovery.Underthedecision,thecountrywillstrengthenthesustainableuseandprotectionoftheecosystemandbuildasystemofnaturereserves,withnationalparksasamajorcomponent.Also,thedecisionurgedthepromotionofamassivegreeningprojectnationwideandstrengtheningthecontrolandmanagementofdensification－allaimedatprotectingthebiodiversityandecologicalsafetyofthecountry."Asamajorcomponentofthecountry'saimtobuildnaturereserves,theconstructionofnationalparkswillbeatoppriorityinourfuturework,"saidZhangJianlong,headoftheNationalForestryandGrasslandAdministration."Thedecisionsgavespecificguidelinesoncomprehensivelydeepeningreformwithrespecttonaturereserves.TheyaresupportiveofChina'soverallecologicalprotectionworkandwilllayafoundationforoureconomic,aswellassocial,sustainabledevelopment,"hesaid.Overthepastyear,theadministrationhasmadeinspectionsandevaluationsofChina's10pilotnationalparks,whichcovermorethan220,000squarekilometers.TheadministrationurgedthemanagementcommitteefortheparkstosolvesomeexistingproblemsbeforeJune,Zhangsaid.Asthepilotparksreachtheendoftrialsnextyear,theadministrationwillreevaluateallapplicationsandofficiallygrantparkstatustothosethatmeetthestandards.PeoplerelaxontheembankmentofariverinMentougoudistrict,Beijing.(ChinaDaily/GaoZhenfa)CPCCentralCommitteesessionlaysoutguidelinesfornavigatingfutureChinawillcontinueonitspathofsustainabledevelopmentbyemphasizingecologicalcultivationtopromoteharmoniouscoexistencebetweenhumansandnature,arecentlyapprovedPartydocumentsaid.InlateOctober,theFourthPlenarySessionofthe19thCentralCommitteeoftheCommunistPartyofChinaapproveddecisionsupholdingandimprovingsocialismwithChinesecharacteristicsandadvancingthenationalgovernancesystemandgovernancecapacity.Thedecisionsincludedexercisingthestrictestpossibleenvironmentallyrelatedrestraintsandstrengtheningthesystemofaccountability.Theyemphasizedthatthecountrywillstronglysupportthemaximthatlucidwatersandlushmountainsareinvaluableassets."Weshouldpromotehighlyefficientutilizationofresources,improveinstitutionsforecologicalrestorationandconservation,andstrengthentheaccountabilitysystem,"thedocumentsaid.Italsolistedseveralmajortypesofworkthatneedtobestrengthened.Oneistospeedupthecreationofaspatialplanningsystemfornationalterritoryandmapoutareasundertheprincipleofthree"redlines"－ecologicalprotectionareas,permanentfarmlandandurbanboundaries."Thespatialplanningsystemplaysanimportantroleinthecountry'smanagementsystemandwillbecrucialinpromotingtheefficient,fairandhigh-qualityuseoftheterritory,"saidZhangBing,deputydirectoroftheNationalTerritorialSpatialPlanningBureauoftheMinistryofNaturalResources."Thecoreprincipleofthethreeredlinesismakingprotectionapriority,"saidZhang,whoalsoemphasizedthatdevelopmentshouldgivewaytoecologicalconcerns.SunXuedong,deputydirectorofthebureau,saidtheecologicalredlineswillguaranteethattheroleoftheecosystemwillfullyfunctionandareascurrentlyunderprotectionwillremainsoafterredlineadjustments.Hesaid,forexample,thatthepermanentfarmlanddesignationwillbemadeinlightofreasonablelong-termconcernsaboutscaletoguaranteethequalityoffarmlandismaintainedatahighlevel."Ofthethreeredlines,urbanboundarieswillbethemostchallenging,"Sunsaid."Giventheuncertaintiesofthefuture,thelinesshouldbedrawnwithdeepconsiderationforacity'seconomic,socialandculturaldevelopmentinthelong-term.Also,itshouldbepracticalformostregionsofthecountry,whichiseventougher."Zhangsaidthethreeredlineswillnotoverlaporconflict.Andtheywillbepartofanewnationalspatialdatasystem,understrictmanagementandsupervision.Anothermajortasklistedintheplenarysessiondecisionisbuildingamechanismforecosystemprotectionandrecovery.Underthedecision,thecountrywillstrengthenthesustainableuseandprotectionoftheecosystemandbuildasystemofnaturereserves,withnationalparksasamajorcomponent.Also,thedecisionurgedthepromotionofamassivegreeningprojectnationwideandstrengtheningthecontrolandmanagementofdensification－allaimedatprotectingthebiodiversityandecologicalsafetyofthecountry."Asamajorcomponentofthecountry'saimtobuildnaturereserves,theconstructionofnationalparkswillbeatoppriorityinourfuturework,"saidZhangJianlong,headoftheNationalForestryandGrasslandAdministration."Thedecisionsgavespecificguidelinesoncomprehensivelydeepeningreformwithrespecttonaturereserves.TheyaresupportiveofChina'soverallecologicalprotectionworkandwilllayafoundationforoureconomic,aswellassocial,sustainabledevelopment,"hesaid.Overthepastyear,theadministrationhasmadeinspectionsandevaluationsofChina's10pilotnationalparks,whichcovermorethan220,000squarekilometers.TheadministrationurgedthemanagementcommitteefortheparkstosolvesomeexistingproblemsbeforeJune,Zhangsaid.Asthepilotparksreachtheendoftrialsnextyear,theadministrationwillreevaluateallapplicationsandofficiallygrantparkstatustothosethatmeetthestandards.
PresidentXiJinpinghasencouragedChina'sauditofficestoassumetheirdutiesacrosstheboard,carryoutauditsinaccordancewiththelawandrefinetheirinstitutionsandmechanisms.XimadetheremarkinaninstructiontooutstandingauditingunitsandworkerscommendedrecentlybythreePartyandStatedepartments.Xiisheadofthecentralauditingcommittee,anorganformedintheinstitutionalreformofPartyandStatebodiesinMarch2018.Auditoffices,undertheunifiedleadershipoftheCPCCentralCommittee,mustadapttonewdemandsintheneweraandfocuscloselyontheoverallworkofthePartyandtheStateincomprehensivelyassumingtheirduties,Xisaidintheinstruction.HeurgedthemtomakegreatercontributionstothemodernizationofChina'sgovernancesystemanditscapacityforgovernance.HealsocommendedauditofficesforfullyimplementingthedecisionsandplansoftheCPCCentralCommittee,carryingouttheirdutiesinlinewiththelawandconductingtheirworkinaconcreteanddiligentmanner.TheyhaveplayedimportantrolesinensuringthatthedecisionsmadebytheCPCcanbethoroughlycarriedout,helpingtowinthethreecriticalbattlesagainstpotentialrisks,povertyandpollution,andsafeguardingtheorderoffinancialandeconomicaffairs,hesaid.Healsopraisedthemforhelpingtosafeguardandimprovepeople'slivelihoodsandpromotecleangovernance.Themodelworkersandunitswerecommendedrecentlybytheofficeofthecentralauditingcommittee,theMinistryofHumanResourcesandSocialSecurityandtheNationalAuditOffice.PremierLiKeqiangandZhaoLeji,secretaryoftheCentralCommissionforDisciplineInspection,thecountry'stopanti-graftwatchdog,metwithrepresentativesoftheunitsandworkersinBeijingonThursday.LiandZhaoarebothdeputydirectorsofthecentralauditingcommittee.ChinesePremierLiKeqiangandSecretaryoftheCommunistPartyofChina(CPC)CentralCommissionforDisciplineInspectionZhaoLeji,bothmembersoftheStandingCommitteeofthePoliticalBureauoftheCPCCentralCommitteeandviceheadsofthecentralauditingcommittee,meetwithrepresentativesofoutstandingunitsandindividualsofthecountry'sauditingorgansinBeijing,capitalofChina,Jan.2,2020.(Xinhua/YaoDawei)资料图：长征五号遥三火箭成功发射实践二十号卫星。
PeoplerelaxontheembankmentofariverinMentougoudistrict,Beijing.(ChinaDaily/GaoZhenfa)CPCCentralCommitteesessionlaysoutguidelinesfornavigatingfutureChinawillcontinueonitspathofsustainabledevelopmentbyemphasizingecologicalcultivationtopromoteharmoniouscoexistencebetweenhumansandnature,arecentlyapprovedPartydocumentsaid.InlateOctober,theFourthPlenarySessionofthe19thCentralCommitteeoftheCommunistPartyofChinaapproveddecisionsupholdingandimprovingsocialismwithChinesecharacteristicsandadvancingthenationalgovernancesystemandgovernancecapacity.Thedecisionsincludedexercisingthestrictestpossibleenvironmentallyrelatedrestraintsandstrengtheningthesystemofaccountability.Theyemphasizedthatthecountrywillstronglysupportthemaximthatlucidwatersandlushmountainsareinvaluableassets."Weshouldpromotehighlyefficientutilizationofresources,improveinstitutionsforecologicalrestorationandconservation,andstrengthentheaccountabilitysystem,"thedocumentsaid.Italsolistedseveralmajortypesofworkthatneedtobestrengthened.Oneistospeedupthecreationofaspatialplanningsystemfornationalterritoryandmapoutareasundertheprincipleofthree"redlines"－ecologicalprotectionareas,permanentfarmlandandurbanboundaries."Thespatialplanningsystemplaysanimportantroleinthecountry'smanagementsystemandwillbecrucialinpromotingtheefficient,fairandhigh-qualityuseoftheterritory,"saidZhangBing,deputydirectoroftheNationalTerritorialSpatialPlanningBureauoftheMinistryofNaturalResources."Thecoreprincipleofthethreeredlinesismakingprotectionapriority,"saidZhang,whoalsoemphasizedthatdevelopmentshouldgivewaytoecologicalconcerns.SunXuedong,deputydirectorofthebureau,saidtheecologicalredlineswillguaranteethattheroleoftheecosystemwillfullyfunctionandareascurrentlyunderprotectionwillremainsoafterredlineadjustments.Hesaid,forexample,thatthepermanentfarmlanddesignationwillbemadeinlightofreasonablelong-termconcernsaboutscaletoguaranteethequalityoffarmlandismaintainedatahighlevel."Ofthethreeredlines,urbanboundarieswillbethemostchallenging,"Sunsaid."Giventheuncertaintiesofthefuture,thelinesshouldbedrawnwithdeepconsiderationforacity'seconomic,socialandculturaldevelopmentinthelong-term.Also,itshouldbepracticalformostregionsofthecountry,whichiseventougher."Zhangsaidthethreeredlineswillnotoverlaporconflict.Andtheywillbepartofanewnationalspatialdatasystem,understrictmanagementandsupervision.Anothermajortasklistedintheplenarysessiondecisionisbuildingamechanismforecosystemprotectionandrecovery.Underthedecision,thecountrywillstrengthenthesustainableuseandprotectionoftheecosystemandbuildasystemofnaturereserves,withnationalparksasamajorcomponent.Also,thedecisionurgedthepromotionofamassivegreeningprojectnationwideandstrengtheningthecontrolandmanagementofdensification－allaimedatprotectingthebiodiversityandecologicalsafetyofthecountry."Asamajorcomponentofthecountry'saimtobuildnaturereserves,theconstructionofnationalparkswillbeatoppriorityinourfuturework,"saidZhangJianlong,headoftheNationalForestryandGrasslandAdministration."Thedecisionsgavespecificguidelinesoncomprehensivelydeepeningreformwithrespecttonaturereserves.TheyaresupportiveofChina'soverallecologicalprotectionworkandwilllayafoundationforoureconomic,aswellassocial,sustainabledevelopment,"hesaid.Overthepastyear,theadministrationhasmadeinspectionsandevaluationsofChina's10pilotnationalparks,whichcovermorethan220,000squarekilometers.TheadministrationurgedthemanagementcommitteefortheparkstosolvesomeexistingproblemsbeforeJune,Zhangsaid.Asthepilotparksreachtheendoftrialsnextyear,theadministrationwillreevaluateallapplicationsandofficiallygrantparkstatustothosethatmeetthestandards.资料图：长征五号遥三火箭成功发射实践二十号卫星。
Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955. 资料图：长征五号遥三火箭成功发射实践二十号卫星。
PeoplerelaxontheembankmentofariverinMentougoudistrict,Beijing.(ChinaDaily/GaoZhenfa)CPCCentralCommitteesessionlaysoutguidelinesfornavigatingfutureChinawillcontinueonitspathofsustainabledevelopmentbyemphasizingecologicalcultivationtopromoteharmoniouscoexistencebetweenhumansandnature,arecentlyapprovedPartydocumentsaid.InlateOctober,theFourthPlenarySessionofthe19thCentralCommitteeoftheCommunistPartyofChinaapproveddecisionsupholdingandimprovingsocialismwithChinesecharacteristicsandadvancingthenationalgovernancesystemandgovernancecapacity.Thedecisionsincludedexercisingthestrictestpossibleenvironmentallyrelatedrestraintsandstrengtheningthesystemofaccountability.Theyemphasizedthatthecountrywillstronglysupportthemaximthatlucidwatersandlushmountainsareinvaluableassets."Weshouldpromotehighlyefficientutilizationofresources,improveinstitutionsforecologicalrestorationandconservation,andstrengthentheaccountabilitysystem,"thedocumentsaid.Italsolistedseveralmajortypesofworkthatneedtobestrengthened.Oneistospeedupthecreationofaspatialplanningsystemfornationalterritoryandmapoutareasundertheprincipleofthree"redlines"－ecologicalprotectionareas,permanentfarmlandandurbanboundaries."Thespatialplanningsystemplaysanimportantroleinthecountry'smanagementsystemandwillbecrucialinpromotingtheefficient,fairandhigh-qualityuseoftheterritory,"saidZhangBing,deputydirectoroftheNationalTerritorialSpatialPlanningBureauoftheMinistryofNaturalResources."Thecoreprincipleofthethreeredlinesismakingprotectionapriority,"saidZhang,whoalsoemphasizedthatdevelopmentshouldgivewaytoecologicalconcerns.SunXuedong,deputydirectorofthebureau,saidtheecologicalredlineswillguaranteethattheroleoftheecosystemwillfullyfunctionandareascurrentlyunderprotectionwillremainsoafterredlineadjustments.Hesaid,forexample,thatthepermanentfarmlanddesignationwillbemadeinlightofreasonablelong-termconcernsaboutscaletoguaranteethequalityoffarmlandismaintainedatahighlevel."Ofthethreeredlines,urbanboundarieswillbethemostchallenging,"Sunsaid."Giventheuncertaintiesofthefuture,thelinesshouldbedrawnwithdeepconsiderationforacity'seconomic,socialandculturaldevelopmentinthelong-term.Also,itshouldbepracticalformostregionsofthecountry,whichiseventougher."Zhangsaidthethreeredlineswillnotoverlaporconflict.Andtheywillbepartofanewnationalspatialdatasystem,understrictmanagementandsupervision.Anothermajortasklistedintheplenarysessiondecisionisbuildingamechanismforecosystemprotectionandrecovery.Underthedecision,thecountrywillstrengthenthesustainableuseandprotectionoftheecosystemandbuildasystemofnaturereserves,withnationalparksasamajorcomponent.Also,thedecisionurgedthepromotionofamassivegreeningprojectnationwideandstrengtheningthecontrolandmanagementofdensification－allaimedatprotectingthebiodiversityandecologicalsafetyofthecountry."Asamajorcomponentofthecountry'saimtobuildnaturereserves,theconstructionofnationalparkswillbeatoppriorityinourfuturework,"saidZhangJianlong,headoftheNationalForestryandGrasslandAdministration."Thedecisionsgavespecificguidelinesoncomprehensivelydeepeningreformwithrespecttonaturereserves.TheyaresupportiveofChina'soverallecologicalprotectionworkandwilllayafoundationforoureconomic,aswellassocial,sustainabledevelopment,"hesaid.Overthepastyear,theadministrationhasmadeinspectionsandevaluationsofChina's10pilotnationalparks,whichcovermorethan220,000squarekilometers.TheadministrationurgedthemanagementcommitteefortheparkstosolvesomeexistingproblemsbeforeJune,Zhangsaid.Asthepilotparksreachtheendoftrialsnextyear,theadministrationwillreevaluateallapplicationsandofficiallygrantparkstatustothosethatmeetthestandards.PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.
Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955. PeoplerelaxontheembankmentofariverinMentougoudistrict,Beijing.(ChinaDaily/GaoZhenfa)CPCCentralCommitteesessionlaysoutguidelinesfornavigatingfutureChinawillcontinueonitspathofsustainabledevelopmentbyemphasizingecologicalcultivationtopromoteharmoniouscoexistencebetweenhumansandnature,arecentlyapprovedPartydocumentsaid.InlateOctober,theFourthPlenarySessionofthe19thCentralCommitteeoftheCommunistPartyofChinaapproveddecisionsupholdingandimprovingsocialismwithChinesecharacteristicsandadvancingthenationalgovernancesystemandgovernancecapacity.Thedecisionsincludedexercisingthestrictestpossibleenvironmentallyrelatedrestraintsandstrengtheningthesystemofaccountability.Theyemphasizedthatthecountrywillstronglysupportthemaximthatlucidwatersandlushmountainsareinvaluableassets."Weshouldpromotehighlyefficientutilizationofresources,improveinstitutionsforecologicalrestorationandconservation,andstrengthentheaccountabilitysystem,"thedocumentsaid.Italsolistedseveralmajortypesofworkthatneedtobestrengthened.Oneistospeedupthecreationofaspatialplanningsystemfornationalterritoryandmapoutareasundertheprincipleofthree"redlines"－ecologicalprotectionareas,permanentfarmlandandurbanboundaries."Thespatialplanningsystemplaysanimportantroleinthecountry'smanagementsystemandwillbecrucialinpromotingtheefficient,fairandhigh-qualityuseoftheterritory,"saidZhangBing,deputydirectoroftheNationalTerritorialSpatialPlanningBureauoftheMinistryofNaturalResources."Thecoreprincipleofthethreeredlinesismakingprotectionapriority,"saidZhang,whoalsoemphasizedthatdevelopmentshouldgivewaytoecologicalconcerns.SunXuedong,deputydirectorofthebureau,saidtheecologicalredlineswillguaranteethattheroleoftheecosystemwillfullyfunctionandareascurrentlyunderprotectionwillremainsoafterredlineadjustments.Hesaid,forexample,thatthepermanentfarmlanddesignationwillbemadeinlightofreasonablelong-termconcernsaboutscaletoguaranteethequalityoffarmlandismaintainedatahighlevel."Ofthethreeredlines,urbanboundarieswillbethemostchallenging,"Sunsaid."Giventheuncertaintiesofthefuture,thelinesshouldbedrawnwithdeepconsiderationforacity'seconomic,socialandculturaldevelopmentinthelong-term.Also,itshouldbepracticalformostregionsofthecountry,whichiseventougher."Zhangsaidthethreeredlineswillnotoverlaporconflict.Andtheywillbepartofanewnationalspatialdatasystem,understrictmanagementandsupervision.Anothermajortasklistedintheplenarysessiondecisionisbuildingamechanismforecosystemprotectionandrecovery.Underthedecision,thecountrywillstrengthenthesustainableuseandprotectionoftheecosystemandbuildasystemofnaturereserves,withnationalparksasamajorcomponent.Also,thedecisionurgedthepromotionofamassivegreeningprojectnationwideandstrengtheningthecontrolandmanagementofdensification－allaimedatprotectingthebiodiversityandecologicalsafetyofthecountry."Asamajorcomponentofthecountry'saimtobuildnaturereserves,theconstructionofnationalparkswillbeatoppriorityinourfuturework,"saidZhangJianlong,headoftheNationalForestryandGrasslandAdministration."Thedecisionsgavespecificguidelinesoncomprehensivelydeepeningreformwithrespecttonaturereserves.TheyaresupportiveofChina'soverallecologicalprotectionworkandwilllayafoundationforoureconomic,aswellassocial,sustainabledevelopment,"hesaid.Overthepastyear,theadministrationhasmadeinspectionsandevaluationsofChina's10pilotnationalparks,whichcovermorethan220,000squarekilometers.TheadministrationurgedthemanagementcommitteefortheparkstosolvesomeexistingproblemsbeforeJune,Zhangsaid.Asthepilotparksreachtheendoftrialsnextyear,theadministrationwillreevaluateallapplicationsandofficiallygrantparkstatustothosethatmeetthestandards.
PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.资料图：长征五号遥三火箭成功发射实践二十号卫星。
PresidentXiJinpinghasencouragedChina'sauditofficestoassumetheirdutiesacrosstheboard,carryoutauditsinaccordancewiththelawandrefinetheirinstitutionsandmechanisms.XimadetheremarkinaninstructiontooutstandingauditingunitsandworkerscommendedrecentlybythreePartyandStatedepartments.Xiisheadofthecentralauditingcommittee,anorganformedintheinstitutionalreformofPartyandStatebodiesinMarch2018.Auditoffices,undertheunifiedleadershipoftheCPCCentralCommittee,mustadapttonewdemandsintheneweraandfocuscloselyontheoverallworkofthePartyandtheStateincomprehensivelyassumingtheirduties,Xisaidintheinstruction.HeurgedthemtomakegreatercontributionstothemodernizationofChina'sgovernancesystemanditscapacityforgovernance.HealsocommendedauditofficesforfullyimplementingthedecisionsandplansoftheCPCCentralCommittee,carryingouttheirdutiesinlinewiththelawandconductingtheirworkinaconcreteanddiligentmanner.TheyhaveplayedimportantrolesinensuringthatthedecisionsmadebytheCPCcanbethoroughlycarriedout,helpingtowinthethreecriticalbattlesagainstpotentialrisks,povertyandpollution,andsafeguardingtheorderoffinancialandeconomicaffairs,hesaid.Healsopraisedthemforhelpingtosafeguardandimprovepeople'slivelihoodsandpromotecleangovernance.Themodelworkersandunitswerecommendedrecentlybytheofficeofthecentralauditingcommittee,theMinistryofHumanResourcesandSocialSecurityandtheNationalAuditOffice.PremierLiKeqiangandZhaoLeji,secretaryoftheCentralCommissionforDisciplineInspection,thecountry'stopanti-graftwatchdog,metwithrepresentativesoftheunitsandworkersinBeijingonThursday.LiandZhaoarebothdeputydirectorsofthecentralauditingcommittee.ChinesePremierLiKeqiangandSecretaryoftheCommunistPartyofChina(CPC)CentralCommissionforDisciplineInspectionZhaoLeji,bothmembersoftheStandingCommitteeofthePoliticalBureauoftheCPCCentralCommitteeandviceheadsofthecentralauditingcommittee,meetwithrepresentativesofoutstandingunitsandindividualsofthecountry'sauditingorgansinBeijing,capitalofChina,Jan.2,2020.(Xinhua/YaoDawei)Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.
资料图：长征五号遥三火箭成功发射实践二十号卫星。Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.
PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.
资料图：长征五号遥三火箭成功发射实践二十号卫星。PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.
PeoplerelaxontheembankmentofariverinMentougoudistrict,Beijing.(ChinaDaily/GaoZhenfa)CPCCentralCommitteesessionlaysoutguidelinesfornavigatingfutureChinawillcontinueonitspathofsustainabledevelopmentbyemphasizingecologicalcultivationtopromoteharmoniouscoexistencebetweenhumansandnature,arecentlyapprovedPartydocumentsaid.InlateOctober,theFourthPlenarySessionofthe19thCentralCommitteeoftheCommunistPartyofChinaapproveddecisionsupholdingandimprovingsocialismwithChinesecharacteristicsandadvancingthenationalgovernancesystemandgovernancecapacity.Thedecisionsincludedexercisingthestrictestpossibleenvironmentallyrelatedrestraintsandstrengtheningthesystemofaccountability.Theyemphasizedthatthecountrywillstronglysupportthemaximthatlucidwatersandlushmountainsareinvaluableassets."Weshouldpromotehighlyefficientutilizationofresources,improveinstitutionsforecologicalrestorationandconservation,andstrengthentheaccountabilitysystem,"thedocumentsaid.Italsolistedseveralmajortypesofworkthatneedtobestrengthened.Oneistospeedupthecreationofaspatialplanningsystemfornationalterritoryandmapoutareasundertheprincipleofthree"redlines"－ecologicalprotectionareas,permanentfarmlandandurbanboundaries."Thespatialplanningsystemplaysanimportantroleinthecountry'smanagementsystemandwillbecrucialinpromotingtheefficient,fairandhigh-qualityuseoftheterritory,"saidZhangBing,deputydirectoroftheNationalTerritorialSpatialPlanningBureauoftheMinistryofNaturalResources."Thecoreprincipleofthethreeredlinesismakingprotectionapriority,"saidZhang,whoalsoemphasizedthatdevelopmentshouldgivewaytoecologicalconcerns.SunXuedong,deputydirectorofthebureau,saidtheecologicalredlineswillguaranteethattheroleoftheecosystemwillfullyfunctionandareascurrentlyunderprotectionwillremainsoafterredlineadjustments.Hesaid,forexample,thatthepermanentfarmlanddesignationwillbemadeinlightofreasonablelong-termconcernsaboutscaletoguaranteethequalityoffarmlandismaintainedatahighlevel."Ofthethreeredlines,urbanboundarieswillbethemostchallenging,"Sunsaid."Giventheuncertaintiesofthefuture,thelinesshouldbedrawnwithdeepconsiderationforacity'seconomic,socialandculturaldevelopmentinthelong-term.Also,itshouldbepracticalformostregionsofthecountry,whichiseventougher."Zhangsaidthethreeredlineswillnotoverlaporconflict.Andtheywillbepartofanewnationalspatialdatasystem,understrictmanagementandsupervision.Anothermajortasklistedintheplenarysessiondecisionisbuildingamechanismforecosystemprotectionandrecovery.Underthedecision,thecountrywillstrengthenthesustainableuseandprotectionoftheecosystemandbuildasystemofnaturereserves,withnationalparksasamajorcomponent.Also,thedecisionurgedthepromotionofamassivegreeningprojectnationwideandstrengtheningthecontrolandmanagementofdensification－allaimedatprotectingthebiodiversityandecologicalsafetyofthecountry."Asamajorcomponentofthecountry'saimtobuildnaturereserves,theconstructionofnationalparkswillbeatoppriorityinourfuturework,"saidZhangJianlong,headoftheNationalForestryandGrasslandAdministration."Thedecisionsgavespecificguidelinesoncomprehensivelydeepeningreformwithrespecttonaturereserves.TheyaresupportiveofChina'soverallecologicalprotectionworkandwilllayafoundationforoureconomic,aswellassocial,sustainabledevelopment,"hesaid.Overthepastyear,theadministrationhasmadeinspectionsandevaluationsofChina's10pilotnationalparks,whichcovermorethan220,000squarekilometers.TheadministrationurgedthemanagementcommitteefortheparkstosolvesomeexistingproblemsbeforeJune,Zhangsaid.Asthepilotparksreachtheendoftrialsnextyear,theadministrationwillreevaluateallapplicationsandofficiallygrantparkstatustothosethatmeetthestandards.Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.
Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955. PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.
资料图：长征五号遥三火箭成功发射实践二十号卫星。资料图：长征五号遥三火箭成功发射实践二十号卫星。
PeoplerelaxontheembankmentofariverinMentougoudistrict,Beijing.(ChinaDaily/GaoZhenfa)CPCCentralCommitteesessionlaysoutguidelinesfornavigatingfutureChinawillcontinueonitspathofsustainabledevelopmentbyemphasizingecologicalcultivationtopromoteharmoniouscoexistencebetweenhumansandnature,arecentlyapprovedPartydocumentsaid.InlateOctober,theFourthPlenarySessionofthe19thCentralCommitteeoftheCommunistPartyofChinaapproveddecisionsupholdingandimprovingsocialismwithChinesecharacteristicsandadvancingthenationalgovernancesystemandgovernancecapacity.Thedecisionsincludedexercisingthestrictestpossibleenvironmentallyrelatedrestraintsandstrengtheningthesystemofaccountability.Theyemphasizedthatthecountrywillstronglysupportthemaximthatlucidwatersandlushmountainsareinvaluableassets."Weshouldpromotehighlyefficientutilizationofresources,improveinstitutionsforecologicalrestorationandconservation,andstrengthentheaccountabilitysystem,"thedocumentsaid.Italsolistedseveralmajortypesofworkthatneedtobestrengthened.Oneistospeedupthecreationofaspatialplanningsystemfornationalterritoryandmapoutareasundertheprincipleofthree"redlines"－ecologicalprotectionareas,permanentfarmlandandurbanboundaries."Thespatialplanningsystemplaysanimportantroleinthecountry'smanagementsystemandwillbecrucialinpromotingtheefficient,fairandhigh-qualityuseoftheterritory,"saidZhangBing,deputydirectoroftheNationalTerritorialSpatialPlanningBureauoftheMinistryofNaturalResources."Thecoreprincipleofthethreeredlinesismakingprotectionapriority,"saidZhang,whoalsoemphasizedthatdevelopmentshouldgivewaytoecologicalconcerns.SunXuedong,deputydirectorofthebureau,saidtheecologicalredlineswillguaranteethattheroleoftheecosystemwillfullyfunctionandareascurrentlyunderprotectionwillremainsoafterredlineadjustments.Hesaid,forexample,thatthepermanentfarmlanddesignationwillbemadeinlightofreasonablelong-termconcernsaboutscaletoguaranteethequalityoffarmlandismaintainedatahighlevel."Ofthethreeredlines,urbanboundarieswillbethemostchallenging,"Sunsaid."Giventheuncertaintiesofthefuture,thelinesshouldbedrawnwithdeepconsiderationforacity'seconomic,socialandculturaldevelopmentinthelong-term.Also,itshouldbepracticalformostregionsofthecountry,whichiseventougher."Zhangsaidthethreeredlineswillnotoverlaporconflict.Andtheywillbepartofanewnationalspatialdatasystem,understrictmanagementandsupervision.Anothermajortasklistedintheplenarysessiondecisionisbuildingamechanismforecosystemprotectionandrecovery.Underthedecision,thecountrywillstrengthenthesustainableuseandprotectionoftheecosystemandbuildasystemofnaturereserves,withnationalparksasamajorcomponent.Also,thedecisionurgedthepromotionofamassivegreeningprojectnationwideandstrengtheningthecontrolandmanagementofdensification－allaimedatprotectingthebiodiversityandecologicalsafetyofthecountry."Asamajorcomponentofthecountry'saimtobuildnaturereserves,theconstructionofnationalparkswillbeatoppriorityinourfuturework,"saidZhangJianlong,headoftheNationalForestryandGrasslandAdministration."Thedecisionsgavespecificguidelinesoncomprehensivelydeepeningreformwithrespecttonaturereserves.TheyaresupportiveofChina'soverallecologicalprotectionworkandwilllayafoundationforoureconomic,aswellassocial,sustainabledevelopment,"hesaid.Overthepastyear,theadministrationhasmadeinspectionsandevaluationsofChina's10pilotnationalparks,whichcovermorethan220,000squarekilometers.TheadministrationurgedthemanagementcommitteefortheparkstosolvesomeexistingproblemsbeforeJune,Zhangsaid.Asthepilotparksreachtheendoftrialsnextyear,theadministrationwillreevaluateallapplicationsandofficiallygrantparkstatustothosethatmeetthestandards.Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.
Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955. 资料图：长征五号遥三火箭成功发射实践二十号卫星。
Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955. Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.
PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.
PhototakenonMarch13,2018showstheheadquartersofthePeople'sBankofChinainBeijing,capitalofChina.(Xinhua/CaiYang)Initslatestmovetocutthereserverequirements,China'scentralbankhassteppedupeffortstospurtherealeconomyandlowersocialfinancingcosts.ThePeople'sBankofChina(PBOC)announcedonWednesdaytocutthereserverequirementratio(RRR)forfinancialinstitutionsorthelevelofcashthatlendersmustholdasreservesby50basispointsstartingfromJan.6.ThemovewasexpectedtooffsettheliquidityshortageaheadoftheSpringFestival,orChineseLunarNewYear,tokeepoverallliquidityinthebankingsystembasicallystable,anofficialfromthePBOCsaid.Referringtothereductionaspartofthecountry'scounter-cyclicaladjustments,theofficialstressedthatthestanceofprudentmonetarypolicyhasremainedintactandexcludedthepossibilityof"flood-style"stimulus.Theannouncement,"notabigsurprisetomanyonthemarket,"wasmeanttoeasetheliquiditystrainsresultedfromthematuringreversereposandtargetedmedium-termlendingfacilityinJanuary,aswellashighercashdemandaheadoftheholiday,SwissbankinggiantUBSsaidinaresearchnote.ItwasalsoconducivetothescheduledissuanceofspeciallocalgovernmentbondsinJanuaryandFebruary,saidtheUBS.AccordingtothePBOC,theblanketRRRcutwillreleaseabout800billionyuan(around114.6billionU.S.dollars)oflong-termfunds,injectingliquidityandloweringfinancingcostsfortherealeconomy.Withmorethan120billionyuaninlong-termfundstobeunlockedforsmallandmedium-sizedlenders,thecentralbankhasurgedfinancialinstitutionstoincreasesupportforsmall,microandprivatebusinesses.Lastweek,ChinesePremierLiKeqiangpromisedtograntstrongersupporttosmallandmedium-sizedbanksdeliveringdirectservicestosmallandmicro-enterprisesduringaninspectiontourinChengdu,capitalcityofthesouthwesternprovinceofSichuan,sayingthatresearchintotheuseofmultipletoolsincludingtheRRRwillbecarriedout.Thecutalsoechoedthecentralbank'spledgemadeWednesdaymorningduringameetingwhereitvowedtoadvancefinancialsupply-sidestructuralreformforhigh-qualitydevelopmentandguidefinancialinstitutionstostepuploanstotherealeconomy.Whileacknowledgingthepositiveeffectsofthecutonmarketsentiment,AsianfinancialservicegroupNomuraexpectedmoreliquiditytobeunleashedinthefutureasthemovemightnotbesufficienttofillintheliquidityshortageinJanuary.UBSalsoanticipatedanotherRRRcutovertherestof2020aspartofthecountry'seffortstoboostcreditgrowthbutdeniedthepossibilityofabigstimulus.Theyear-endtone-settingCentralEconomicWorkConferencelastmonthnotedthatthecountryfacesrisingdownwardeconomicpressureamidintertwinedstructural,institutionalandcyclicalproblems,pledgingstrongerpolicymovestokeeptheeconomyonastabletrack.Thecountry'sGDPexpanded6.2percentyearonyearinthefirstthreequartersof2019despitedomesticheadwindsandexternaluncertainties.Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.
(完)PeoplerelaxontheembankmentofariverinMentougoudistrict,Beijing.(ChinaDaily/GaoZhenfa)CPCCentralCommitteesessionlaysoutguidelinesfornavigatingfutureChinawillcontinueonitspathofsustainabledevelopmentbyemphasizingecologicalcultivationtopromoteharmoniouscoexistencebetweenhumansandnature,arecentlyapprovedPartydocumentsaid.InlateOctober,theFourthPlenarySessionofthe19thCentralCommitteeoftheCommunistPartyofChinaapproveddecisionsupholdingandimprovingsocialismwithChinesecharacteristicsandadvancingthenationalgovernancesystemandgovernancecapacity.Thedecisionsincludedexercisingthestrictestpossibleenvironmentallyrelatedrestraintsandstrengtheningthesystemofaccountability.Theyemphasizedthatthecountrywillstronglysupportthemaximthatlucidwatersandlushmountainsareinvaluableassets."Weshouldpromotehighlyefficientutilizationofresources,improveinstitutionsforecologicalrestorationandconservation,andstrengthentheaccountabilitysystem,"thedocumentsaid.Italsolistedseveralmajortypesofworkthatneedtobestrengthened.Oneistospeedupthecreationofaspatialplanningsystemfornationalterritoryandmapoutareasundertheprincipleofthree"redlines"－ecologicalprotectionareas,permanentfarmlandandurbanboundaries."Thespatialplanningsystemplaysanimportantroleinthecountry'smanagementsystemandwillbecrucialinpromotingtheefficient,fairandhigh-qualityuseoftheterritory,"saidZhangBing,deputydirectoroftheNationalTerritorialSpatialPlanningBureauoftheMinistryofNaturalResources."Thecoreprincipleofthethreeredlinesismakingprotectionapriority,"saidZhang,whoalsoemphasizedthatdevelopmentshouldgivewaytoecologicalconcerns.SunXuedong,deputydirectorofthebureau,saidtheecologicalredlineswillguaranteethattheroleoftheecosystemwillfullyfunctionandareascurrentlyunderprotectionwillremainsoafterredlineadjustments.Hesaid,forexample,thatthepermanentfarmlanddesignationwillbemadeinlightofreasonablelong-termconcernsaboutscaletoguaranteethequalityoffarmlandismaintainedatahighlevel."Ofthethreeredlines,urbanboundarieswillbethemostchallenging,"Sunsaid."Giventheuncertaintiesofthefuture,thelinesshouldbedrawnwithdeepconsiderationforacity'seconomic,socialandculturaldevelopmentinthelong-term.Also,itshouldbepracticalformostregionsofthecountry,whichiseventougher."Zhangsaidthethreeredlineswillnotoverlaporconflict.Andtheywillbepartofanewnationalspatialdatasystem,understrictmanagementandsupervision.Anothermajortasklistedintheplenarysessiondecisionisbuildingamechanismforecosystemprotectionandrecovery.Underthedecision,thecountrywillstrengthenthesustainableuseandprotectionoftheecosystemandbuildasystemofnaturereserves,withnationalparksasamajorcomponent.Also,thedecisionurgedthepromotionofamassivegreeningprojectnationwideandstrengtheningthecontrolandmanagementofdensification－allaimedatprotectingthebiodiversityandecologicalsafetyofthecountry."Asamajorcomponentofthecountry'saimtobuildnaturereserves,theconstructionofnationalparkswillbeatoppriorityinourfuturework,"saidZhangJianlong,headoftheNationalForestryandGrasslandAdministration."Thedecisionsgavespecificguidelinesoncomprehensivelydeepeningreformwithrespecttonaturereserves.TheyaresupportiveofChina'soverallecologicalprotectionworkandwilllayafoundationforoureconomic,aswellassocial,sustainabledevelopment,"hesaid.Overthepastyear,theadministrationhasmadeinspectionsandevaluationsofChina's10pilotnationalparks,whichcovermorethan220,000squarekilometers.TheadministrationurgedthemanagementcommitteefortheparkstosolvesomeexistingproblemsbeforeJune,Zhangsaid.Asthepilotparksreachtheendoftrialsnextyear,theadministrationwillreevaluateallapplicationsandofficiallygrantparkstatustothosethatmeetthestandards.
双色球专家免费预测相关推荐
- 网易第三季度净营收146.4亿元低于市场预期
- 住建部：46个重点城市小区垃圾分类覆盖率超50%
- 快讯：农业种植板块早盘高开高走苏垦农发拉升涨停
- 华为出资5000万成立云计算公司法定代表人为郑叶来
- 交通银行胡逸：上期所此时推出黄金期权是恰逢其时
- 双色球专家免费预测
- 瑞信：美团点评第三季业绩强劲上调目标价至120港元
- 浪潮集团：与中国人保签署战略合作协议
- 因信披违规宁波中百被罚款60万
- 科创板排队企业数量已达80家注册地两极分化
- 580多万枚15分钟被抢光!央行首枚异形纪念币太火爆
- 天朝上品九州幺鸡棋牌下载
- 英语流利说第三季度营收2.621亿元净亏同比扩大
- “五一”休5天“十一”休8天明年这样拼假最划算
- 厅官涉受贿3.38亿被诉掌管企业拥有上千万亩土地
- 互联网保险发展遭遇瓶颈消费者权益保护成发展关键
- 鼎亿集团投资中期亏损扩大不派息
- 特朗普：希望苹果公司帮助美国研发5G网络基础设施
- 众华所被暂停承接新证券业务8家IPO企业或受影响
- 樊纲：经济保持稳定的增长是解决一切问题的根本出路
- 双色球专家免费预测
- 加速转型莱茵体育出售旗下两地产公司股权
- 滴滴顺风车在3地试运营乘客需先完成安全任务
- 浮动费率基金重启试点6家上海头部公募尝鲜
- 中国金融改革试验区再增“三省四地”
- 赌神炸金花手机版手机版赢钱炸金花
- 找雪地代写飞北方挨冻南方人为体验过冬有多拼？
- 商业点评:网红可以红多久？
- 江一燕获奖别墅属私自改扩建工程未取规划审批手续
- 山西平遥县二亩沟煤矿发生瓦斯爆炸15人遇难9人受伤
热点新闻
- 双色球专家免费预测
- 梁建章谈中国生育率降低：人人都有责任
- 新“A股流通市值之王”现身贵州茅台拉下“宇宙行”
- 男子拿起肉摊香肠就跑被抓后身上挂香肠跪地求饶
- 彩虹51
- VIPKID刚宣布招聘2000人就被传裁员回应：报道失实
- 欧盟出新规:2022年5月起吹气不通过车辆无法启动
- 京东旗下网银在线被罚2943万违规将境内外汇转境外
- 伊朗暴力示威蔓延最高领袖哈梅内伊发声批评
- 影像旗舰5G手机vivoX30系列官方效果图提前释放
- 澳洲山火肆虐超萌搜救犬穿“袜子”营救被困考拉
- 真人赌博游艺
- 亿和控股11月21日耗资38.2万港元回购64万股
- 地产的“金九银十”：龙头终究是赢家行业发展趋缓
- 其利工业集团下跌20%创新低主动卖盘74%
- 金百乐棋牌游戏
- 四川再整治违规融资担保公司：6家吊销经营许可证
- 金正恩视察部队下达海岸炮射击指示韩国军方回应
- 双色球2019059期
- 财政部:中央财政提前下达2020农田建设补助预算616亿
品牌排行
- 11月份信贷和社融规模增量均环比翻番
- 日本用无人潜艇勘探海底稀土欲摆脱对华依赖
- 双色球专家免费预测
- 周黑鸭成今天“最靓的仔”鸭脖江湖风云生变
- ACI职业能力测试论证会在京召开
- 马斯克发文谈新车车窗破碎：生产前需要做一些改进
- 2022年北京冬奥会税收优惠政策公布：免征多项税收
- 华利娱乐送33体验金
- 广东一六零医药连锁公司涉嫌发布虚假广告被罚
- 多家上市公司出手稳定股价这么多护价利器怎么看？
- 美军F22绝密数据曝光和歼10相似但歼10却没机会赢
- 逃离华尔街！欧洲四大银行从美国撤资逾2800亿美元
- 手机真金棋牌
- 北京银行戴炜:中小银行走专业化发展之路要做好四点
- 美国女子闷死三个儿子因嫉妒他们更受丈夫关注
- 欠的债总要还港铁拟向暴徒索偿估计每宗数十万元
- 央行安起雷:金融不是挣大钱、挣快钱而是经营风险
- 螃蟹券圈钱水太深业内揭套路：短斤少两控制提货
- 光伏基地不光发电库布其沙漠走出光伏治沙新路
- 世界变局：宽松货币疗效几何？
最新报道
- 蒋劲夫起诉乌拉圭前女友案件已被受理
- 苹果WWDC官方应用已更名为AppleDeveloperApp
- 2014世界杯赛程结果表
- 德祐加盟店
- 吉祥航空接收中国第100架波音787飞机
- 香港特区政府：支持内地险企在香港市场发行巨灾债券
- 中欧启航三年持有期混合型基金获批发行
- 暴风集团：可能无法在法定期限内披露2019年度报告
- 双色球专家免费预测
- “降息”利好效应明显资金面进一步转松
- 房企高压反腐项目公司高管成
- 买球澳门平台:中国东风17导弹亮相后日本也想模仿研制
- 坚瑞沃能：沃特玛进入破产清算无法解除暂停上市风险
- 商誉减值公布前大股东减持？精华制药：不存在泄密
- 普益标准龙燕：银行理财子公司“落子”布局
- 中国打出吸收外资
- 金马电子游戏机:阿里港股有点冷：基金加仓散户淡然火爆认购未现
- 博汇纸业遭上交所闪电问询竞争对手或成实控人
- 传奇工程师卡不再担任OculusCTO投身通用AI研究
- 云南两名海关缉私分局局长涉受贿被逮捕
- 双色球专家免费预测
- 周黑鸭启动特许经营引狂欢两日暴涨47%市值净增43亿
- 江苏福彩网双色球:郝蕾宣布早于几年前就已离婚没狗血没性格不合
- 俄罗斯通过法案针对“外国代理人”做出额外监管
- 浙江货船3名船员吸入毒气昏厥被救后一人仍昏迷
- 深圳建示范区127条印发推创业板注册制改革早落地
- 港媒：调查显示暴力活动令香港零售业举步维艰
- 杰克棋牌游戏下载:履历造假被美媒扒个底朝天特朗普钦点女高官辞职
- 浙江货船3名船员吸入毒气昏厥被救后一人仍昏迷
- 地推门后的水滴筹求重获信任我们还能相信水滴筹吗