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lower-income－some growing and others not) developing countries will be of huge importance in red
ucing poverty further. Although these countries face significant headwinds, they could also seize imp
ortant new growth opportunities－especially with the help of digital platforms.
The headwinds are certainly considerable. For starters, advances in digital technolo
gies－robotics, machine learning, sensors, and vision－directly threaten the labor-intensive manu
facturing and assembly upon which lower-income, nonresource-rich economies have traditionally relied.
Moreover, climate change has had its greatest economic impact on the tropical and subtropical regio
ns where most of the lower-income countries are located. The effects of global warming are highly disrup
tive in fragile economies, and, taken together, constitute a major new obstacle to growthle
an independent choice based on the objective need of the country’s reform and development.
This is helpful in promoting high-quality growth, meeting the people’s need
s for a better life and promoting peace, stability and development of the world, he said.
China also hopes that other countries will create a good investment environment, treat Chinese enterpris
es, students and scholars equally and create a friendly environment for their normal international exchange activities, Xi said.
Xi pledged to take stronger measures to promote international cooperation in protecting intellectual pro
perty, which he said is not only crucial to protecting the legal rights of companies but also to promoting high-quality growth.
China will enhance policy coordination with the world’s major economic entities and j
ointly promote the robust, sustainable, balanced and inclusive growth of the global economy, he said
ancing needs, sustainable development and debt sustainability, according to Finance Minister Liu Kun.
“We will build a high-standard and high-quality financing system to s
upport long-term and sustainable BRI investment while preventing debt risks,” Liu said.
He suggested promoting financing cooperation for projects in
third-party countries, equity investment and attracting more private funding.
Enhancing debt and risk management is a key consideration for deepening BRI financi
ng cooperation, said Yi Gang, governor of the People’s Bank of China, the central bank.
“The debt issue in developing countries should be treated objective
ly. If debt growth is accompanied by infrastructure improvement, enhancement of people’s liveliho
ods and productivity and poverty reduction, it will be beneficial for the sustainability of long-term debt,” Yi said.
report released on Sunday that attractions highlighting cultural experiences or tea-picking activities were among the hottest destinations.
Reservations for cultural attractions such as museums, temples and viewing cultural relics r
ose by 20 percent year-on-year during the break, and museum bookings rose by 17.8 percent.
Li Qiuyan, Lvmama’s branding development director, said the
Tomb Sweeping holiday is a good time for spring outings and leisure activities.
“Travelers are snubbing the attractions that offer only sightseein
g activities, while pursuing cultural experiences with medium and high-end accommodations,” she said.
Opportunities to view blossoming flowers also attracted travelers. Yuanto
uzhu, a peninsula in Wuxi’s Taihu Lake-one of the nation’s largest freshwater lakes, in Jiangsu
province-was among the top 10 hottest attractions because of its cherry blossoms, the report said.
Other popular attractions during the festival included Shanghai Disn
ey Resort, Mount Huangshan in Anhui province, and Happy Valley theme park in Beijing.