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magazine of the Communist Party of China Central Committee. He said more efforts a
re needed to implement the proactive fiscal policy and boost efficiency this year.
Preventing and defusing local governments’ hidden debt risks is key to controlling major risks, he said.
Innovative financial tools will be introduced for debt swaps, and the indebted comp
anies will be allowed to choose the same way, under guidance from the local governments, Liu Shangxi, hea
d of the Chinese Academy of Fiscal Sciences, the Ministry of Finance’s think tank, told China Daily.
“The total amount of hidden debt waiting to be swapped has not yet been calculated, as this
round of debt swaps will not involve the government’s administrative orders, but depends on the ma
rket’s appetite based on the evaluation of the potential default risks and the companies’ solvency,” he said.
The Central Conservatory of Music will hold a festival from May 23 to 27 to celebrate the 80th anniversary of The Yellow River Cantata.
Written by composer Xian Xinghai (1905–1945) in Yan’an, Shaanxi pro
vince, in early 1939, the piece was inspired by a patriotic poem by Guang Weiran, and the lyrics
were adapted for the cantata. Premiered on April 13 of the same year in Yan’an, the work became, and remains, popular.
The conservatory’s symphony orchestra, choirs and chamber music grou
ps will join in the festival with 20 concerts, including the opening concert on May 23 condu
cted by Yu Feng, president of the university. The Yellow River Cantata will be performed by young singers.
Veteran Chinese musicians and singers, including Guo Shuzhen and Wang Xiufen, will perform during the festival.
Besides concerts, masterclasses and forums will be held in Yan’an.
The music festival will also celebrate the 70th birthday of the country.
China officially launched the “no-waste city” pilot program in 16 area
s on Monday as it steps up efforts to recycle its increasing waste stockpile.
The pilot program covers the entirety of 11 cities, including Shenzhen, Guangdong pr
ovince, and Weihai, Shandong province, and sections of the other five cities.
The central government has made arrangements to offer support to
the pilot areas in policy, technology and funding, said Zhuang Guotai, vice-mi
nister of ecology and environment, at the launch ceremony in Shenzhen on Monday.
He said an expert committee has been established to guide the pilot program and
evaluate progress, and seven groups have been put in place to offer technical support.
So far, the pianist has performed all of the 32 Beethoven sonatas more than 50 times.
During the China tour, Buchbinder will also be the conductor besides his role as a soloist.
Founded by Prince Elector Moritz von Sachsen in 1548, the Staat
skapelle Dresden is one of the oldest orchestras in the world and steeped in tradition.
In 2018, Staatskapelle Dresden, which celebrated its 470th anniver
sary, toured China, and it was the seventh cooperation betw
een the orchestra and Wu Promotion, China’s leading music tour promoter, since 2011.
Presenting pieces of German composer, Robert Schumann, the tour attracted nearly 7,000 music fans.
“China has great audiences who are passionate about classical music. There ar
e also many great symphony orchestras in the country, some of which are over 100 years old,” says Buchbinder.
technological innovation, the app now is a market leader with over 20 million downloads.W
ith eight propellers stirring in the air and the motor roaring, a flying vehicle successfully carried its inventor Zhao
Deli, who was dressed in a black suit complete with a helmet, goggles and elbow and knee protectors, into the air.
Over 500 news media industry executives, journalists, sponsors and suppliers attended the 2019 event.
The Guardian walked away with the top prize.
Besides its accurate, timely and engaging news reporting, the app also
provides the go-to source for foreigners interested in travel, study or work in China.
“One judge particularly enjoyed the intelligent algorithm basis of the newsfe
ed. The China Daily app has enormous scale, is easy to use and is very reader friendly,” said the judging panel.