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policies for residence permits and financial incentives to lure more talent.
For example, Zhenjiang in Jiangsu province, promised bonuses of 150,000 and 200,000 yuan for house purchases to gradua
tes with master’s and doctoral degrees, respectively, after they work in the city for three years.
Haikou, capital of Hainan province, is attracting college students with a monthly rent s
ubsidy of 1,500 yuan, with an 18,000-yuan allowance to graduates who decide to buy an apartment there.
Employment, especially some groups such as college gradu
ates and demobilized military staff, remains a priority to the government.
Premier Li Keqiang said at a teleconference on May 13 that employme
nt pressure will be felt this year by a larger number of college graduates. However, promotin
lower-income－some growing and others not) developing countries will be of huge importance in red
ucing poverty further. Although these countries face significant headwinds, they could also seize imp
ortant new growth opportunities－especially with the help of digital platforms.
The headwinds are certainly considerable. For starters, advances in digital technolo
gies－robotics, machine learning, sensors, and vision－directly threaten the labor-intensive manu
facturing and assembly upon which lower-income, nonresource-rich economies have traditionally relied.
Moreover, climate change has had its greatest economic impact on the tropical and subtropical regio
ns where most of the lower-income countries are located. The effects of global warming are highly disrup
tive in fragile economies, and, taken together, constitute a major new obstacle to growthle
future for mankind in his speech at the headquarters of the United
ations in September 2015, and in his report for the 19th National Congress of the Communist Par
ty of China in October 2017, Xi has pledged on different occasions to build a peaceful, safe, prosperous, open, inc
lusive, clean and beautiful world to let the sunshine of a community of shared future for mankind illuminate the world.
The world, which is going through a phase of adjustment that fea
tures huge development and fundamental changes, faces great and unfamiliar turbulent situ
ations — the overall trends of peace and development are irreversible, while instabilit
y and uncertainty are prominent. Some problems and challenges are unprecedented, and the int
ernational community faces crucial choices concerning the future of the world and the fate of humanity.
The ongoing China-led international collaboration project Tianq
in, a space-based gravitational wave detection syste
m scheduled to be completed by 2035, is expected to significantly improve unders
tanding of major cosmic phenomena, including black holes, scientists said.
Tianqin uses the Chinese words tian, meaning sk
y or heavens, and qin, meaning stringed musical instrument.
It will consist of three satellites forming an equilater
al triangle around Earth at an orbit of 100,000 kilometers.
Tianqin will work to detect gravitational waves, whic
h scientists theorize are ripples in the fabric of space-time caused by violen
t cosmic events, such as colliding black holes, supernovas and even the birth of the universe.