97风骚手机视频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.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。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.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. 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.
目前，中国正在开展首次火星探测工程的研制工作。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. 长征五号火箭总指挥王珏表示，嫦娥五号任务需要将8吨多重的嫦娥五号探测器直接送入地月转移轨道，而完成这一任务，必须由具有大运载能力的长征五号火箭来完成。
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.
目前，中国正在开展首次火星探测工程的研制工作。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.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. 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. 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.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)
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. 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.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。
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.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.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。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.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. 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.
中国航天科技集团有限公司党组书记、董事长吴燕生表示，2020年是中国奠定航天强国基础的重要一年，同时也是中国航天科技集团迈上大台阶、进入大领域、完成大工程的关键一年。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)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.
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。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.
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.
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。
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.
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