Asian countries, citing the Philippines’ compadrazgo and Indonesia’s bapakism as examples.

Compadrazgo, a Spanish word that literally translates to “co-fatherhood”, is based

on a kinship ritual that is formed after a child gets baptized into the Roman Catholic faith.

For the predominantly Catholic and close-knit Philippine society, t

he godfather (known as the padrino) is part of one’s extended family and is expected to he

lp and protect his godchild. The godchild is expected to respect and be loyal to the padrino.

Bapakism is derived from the Indonesian word for “father”. When us

ed in Indonesian business, bapakism demands great respect and obedience to one’s su

perior. The manager in his role as the company’s bapak is expected to look after and care for his employees.

Although Asian values are steeped in an ancient culture and tradition, it was only in t

he 1990s that this concept drew global attention. This was partly due to Asian leaders like the la

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oing supply-side structural reform, as it is still dominated by the 268-trillion-yuan banking system, the analysts said.

The restructuring process will accelerate as more foreign capital

moves in, which can boost competition in the domestic market, the analysts added.

In the medium term, continued financial reform and more opening-up measures co

uld boost capital inflows, said Lillian Li, a vice-president at rating agency Moody’s.

But trade disputes between China and the United States and uncertainty over monetary policy in global markets may dam

pen capital inflows, and the pace of capital inflow is likely to fluctuate in the near term, she said.

Having the world’s second-largest equity market and the third-largest bond market, China will likely usher in more inte

rnational capital flows in the longer term, if the nation further liberalizes its financial system, she added.

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ic and trade consultations, with a goal of implementing the consensuses President Xi Jinping and US President Donald Trump r

eached in December, said Xue Rongjiu, deputy director of the China Society for WTO Studies in Beijing.

China has made various moves recently to expand the new round of reform and opening-up — such as the approval of the Foreign Investm

ent Law in March and further facilitating trade connectivity under the Belt and Road Initiative. It will cont

inue opening its market in a proactive, steady and orderly manner, in accordance with its own development ne

eds and its own pace and timetable, to benefit Chinese and global consumers across the world, said Tu Xinquan, a pro

fessor of international trade at the University of International Business and Economics in Beijing.

James Collins, CEO of Corteva Agriscience, the agricultural division of US-bas

ed DowDuPont, said he hopes the two countries will reach a positive resolution, to benefit both countries and the re

st of the world. Collins said his firm was “not so much affected” in the short term by China-US trade tensions.

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year at a range of 6 to 6.5 percent, according to the 2019 Government Work Report.

A further 3.24 million new urban jobs were added in the first quarter, and the survey

ed unemployment rate remained at a comparatively low level of 5.2 percent in

March. Consumer price registered a moderate rise by 1.8 percent in the first three months this year.

A basic equilibrium in the balance of payments was m

aintained, and China’s foreign exchange reserves remain more than $3 trillion.

Economic structure further improved during the same period. Value-added high-tech se

ctor’s output rose by 7.8 percent, higher than the country’s value-added industrial output.

In the first quarter, NDRC has approved 50 fixed asset investment projects, mainly i

n the fields of energy, transportation and high-tech sectors. The total investment hit 370.3 bill

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 last year. Every day, an average of 5.5 million people use the nation’

s high-speed trains, accounting for nearly 60 percent of daily users of the country’s rail network.

The State-owned rail car manufacturer CRRC Corp, the world’s largest train maker, had sta

rted developing a new-generation of bullet train that will operate at 400 kilometers per hour.

A preliminary report issued on Thursday by Ethiopian officials found that a malfunctioning sensor sent incorrect inform

ation to a Boeing 737 Max 8 jetliner, triggering an anti-stall system that began a chain of events that ended with th

e plane nose-diving into the ground, killing 157 people on March 10, the Associated Press reported.

Boeing has acknowledged that the sensor malfunctioned in the Ethiopian Airlines 737

Max jetliner, triggering the anti-stall system when it was not needed, the AP reported.

In addition, CRRC is designing two types of maglev trains-a 600 km/h high-speed version and a 200 km/h medium-speed ver

sion. Designers said the company expects to put them into service sometime around 2021.

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The government has started formulating matching regulations and rules to support implementation of the Foreign Invest

ment Law, adopted two weeks ago, Li said, adding that supporting regulations will take effect along with the law on Jan 1.

The draft amendment to the patent law has been submitted to China’s top legisl

ators. It sharply increases compensation for infringement to a cost that violators will not be able to afford, he said.

Forced technology transfers are prohibited and violators will receive harsh penalties, Li said. The complaint mecha

nism for foreign-invested companies will be perfected to improve exchanges and coordination between the gover

nment and investors, making it an effective way to protect the legal rights of foreign companies, he said.

China will not resort to massive economic stimulus to boost

growth, but will continue to open up and innovate to energize market players, Li said.

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back the motion. Richard Harrington, who resigned as a junior business minister, accused the government of “playing roulette with the lives and liveli

hoods of the vast majority of people in this country” by failing to resolve Britain’s Brexit impasse.

The government said it was disappointed by the vote, claiming it “upends the balance

between our democratic institutions and sets a dangerous, unpredictable precedent for the future.”

But it also conceded that the new votes might be a way to break the months-long Brexit gridlock. May said she would “engage

constructively” with the results of the process, though sahe said she was skeptical that it would produce a decisive result.

The move raises the chances that Britain will tack toward a softer Brexit, and is likely to be welcomed by th

e EU. Guy Verhofstadt, the European Parliament’s Brexit coordinator, tweet that it was an “opportunity to build a cross-party coope

ration leading to an enhanced political declaration & a closer future relationship!”Earlier in the day, May ack

nowledged, “with great regret,” that her deal still lacked “sufficient support” to be approved as of Monday.

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Minister of Commerce Zhong Shan said a slew of measures will be taken this year to boost China’s social consumption, such as improving urban consumption, to promote

consumption upgrades, expand rural consumption, and develop service consumption while optimizing service supply.

The country will upgrade a number of pedestrian streets, optimize the layout of convenience stores, and encourage brand development and franchising.

The country will promote “selling agricultural products to the cities, while selling industr

ial products to the countryside”.hina’s investment environment is expected to become more stab

le, open and transparent, as the draft foreign investment law stipulates foreign enterprises will receive pre-established nati

onal treatment plus a negative list management system, according to the Ministry of Commerce on Saturday.

The foreign investment law is expected to help establish an environment where foreign co

mpanies can compete fairly in China, and better protect the legitimate rights and interests of foreign investors, Wang

Shouwen, vice-minister of commerce, said at a news conference during the two sessions.

Wang also cited that the law will protect the intellectual property rights of foreign investors an

d encourage technology cooperation based on voluntary principles and commercial rules.

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Premier Li Keqiang delivered the government work report at the second session of the 13th National People’s Congress that opened in Beijing on Tuesday.

Here are the main 2019 goals for economic and social development from the report.

— GDP growth of 6-6.5 percent

— Over 11 million new urban jobs, a surveyed urban unemployment rate of around 5.5 percent, and a registered urban unemployment rate within 4.5 percent

— CPI increase of around 3 percent

— A basic equilibrium in the balance of payments, and stable, better-structured imports and exports

— A macro leverage ratio that is basically stable, and effective prevention and control of financial and fiscal risks

— A reduction of over 10 million in the rural poor population

— Personal income growth that is basically in step with economic growth

— A further improvement in the environment

— A drop of around 3 percent in energy consumption per unit of GDP

— Continued reductions in the discharge of major pollutants

www.ecimy.cn

  January 21, unmanned star line technology (Roadstar. Ai) by WeChat, public announcement, said “decision to sack ambient light in the company of all

position, all terminate the labor contract, with immediate effect.The company reserves the right to ambient light further shall be investigated for legal responsibility.”

  In May 2018, A record of A round of funding for the start-up come into the mind of the public: A $128 million round of fin

ancing, by double deep lake capital and venture capital group jointly led, YunQ

i, ZhaoYin international capital, and capital and yuan jiing.At the same time, Roadstar. Ai also released domestically to complex urban road unm

anned L4 solution.Because of carrying the pure homebred laser radar, it is understood that the solution of 1/3 of the prices only baidu similar schemes.

  Another protagonist of this event is: ambient light.

  The Zhou Guangceng tsinghua base by Yang founded after get the bachelor degree,

to enter the university of Texas study for a PhD of artificial intelligence;In 2015, the xinjiang world

wide developers competition won the first prize.After graduation, ambient light into baidu unmanned vehicle team in silicon valley.At present, the mains

tream of the world’s self-driving technology selection is a multiple sensor fusion, sensor fusion), and ambient light is rob

ots and perception (perception) expert, the combination of sensors and perception can be optimized.

  Besides TongXianQiao, ambient light, Roadst

ar. Ai and a co-founder of measure.In 2016, the three of them are of baidu unmanned vehicle team of institute of th

e United States.TongXianQiao is to locate and map group technical director, measure is Sensing group manager and tech

nical director, Zhou Guangze is responsible for the calibration, synchronization, perception, etc.Before this,

including their respective to Google, apple, tesla, nvidia, companies such as baidu, each has a lot of automatic driving experience.

  It is because the three people on autopilot niche advantage, Roadstar. Ai to create.

  They chase tuyere, in the tide of entrepreneurship, together after Roa

dstar. Ai from 0 to 1, and made a good start.But, ambient light may not be able to

go to the end.Now in view of the public announcement referred to in the three o ‘clock, he did not respond.

  Last July, I black & black had an interview with CEO TongXianQiao.In the inte

rview, he told I black & black, Roadstar. Ai will be in August to get the two ci

ty road test.Roadstar. Ai unmanned vehicle was realized in California only once a month on average human inter

vention, and in the domestic high complex urban road environment for hours without artificial takeover, inclu

ding night, a rainy day, the peak, through the tunnel scene safe driving.The following is an interview with content:

  The heat of the unmanned is rising.For the favour of capital and overwe

ight, those “age” is light company was quickly into the industry of the spotlight.

  Let Roadstar. Ai reputation is it 2 months ago A round of funding.As main L4 and a

utopilot start-up company founded only 1 year, it has hit A record: autom

ated driving A company’s greatest single financing reached $128 million, A round of financing by double deep lake capital

and venture capital group jointly led, YunQi, ZhaoYin international capital, and capital and yuan jiing.

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