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(单词翻译:双击或拖选)
The Beijing Hour
Morning Edition
It's Spencer Musick with you on this Saturday, April 25th 2015.
Welcome to the Beijing Hour, coming to you live from the Chinese capital.
Coming up on our program this morning...
Chinese president Xi Jinping among Asian and African leaders reenacting a historical walk to mark the 60th anniversary of the Bandung conference..
World leaders marking the 100th anniversary of the Armenian Genocide...
In our weekly business review: China rolls out three new free trade zones...
In Entertainment... Beijing's second 24 hour bookstore opens its doors here in the Chinese capital...
All of that coming up in just a moment, but first, just a reminder4 there are several ways to reach out to us here on the Beijing Hour.
You can follow us on our weibo account at weibo.com/beijinghour, or email us directly at [email protected].
Top News
Asian, African leaders Re-enact Historical Walk in Bandung
Leaders from Asia and Africa, including Chinese President Xi Jinping, have re-enacted an historic walk made by state leaders 60 years ago when participating in the original Asian African Conference in Bandung.
A moment of silence was held in memory of all the leaders who participated in the original conference.
Indonesian President Joko Widodo gave a speech urging his counterparts from the two continents to reinvigorate the struggle of their predecessors5 from the 1950s.
"In the commemoration of the Asian African conference, I urge…let us reinvigorate, let us ignite the struggle of our great leaders 60 years ago. We have to improve our understanding, to realize world peace, and all forms of violence must be stopped. We have to work together to improve the welfare of our people through economic and trade partnership7."
At the Asian African Conference which was held on April 24, 1955, delegates from more than two dozen countries gathered in Bandung to discuss security and economic development.
The commemoration event comes as this year's Asia-Africa summit concluded in Jakarta, Indonesia.
The summit has adopted a number of documents, including a declaration on reinvigorating the Asia-Africa strategic partnership.
World leaders attending the summit have also focused on maritime8 cooperation, suggesting it is going to become one of the pillars of the new partnership between Asia and Africa.
CPC, KMT leaders to meet in Beijing
Anchor:
A mainland official says that leaders of the Communist Party of China (CPC) and the Taiwan-based Kuomintang will meet in Beijing in May.
A wide range of issues will be discussed among the leadership of both parties.
CRI's Guo Yan reports.
Reporter:
Ma Xiaoguang, spokesperson of the Taiwan Work Office of the CPC Central Committee, says leaders of the two parties will exchange views on relations across the Taiwan Straits.
Ma says KMT Chairman Eric Chu will lead a delegation9 to Beijing after taking part in the Cross-Strait Economic, Trade and Culture Forum10, which is scheduled to be held on May 3 in Shanghai.
The spokesperson describes the occasion as "an important event in the two parties' high-profile exchanges."
Yang Weizhong, the spokesperson for the Kuomintang, says the talks will focus on the prospects11 for cross-straits relations.
Shao Zonghai is director of the mainland affairs research center of the Chinese Culture University in Taiwan.
He points out AIIB will be a major topic at the meeting.
"I think one problem is the Asia Infrastructure12 Investment Bank. Taiwan really hopes to play an important role in AIIB. However considering the special relationship between Taiwan and the mainland, Taiwan cannot be a member country but could be a member economy of the bank. And the title still has not been decided13 yet. We can see whether there will be some breakthrough to solve the problem."
Shao points out another issue might be the preferential policy towards Taiwan businessmen.
"In terms of protecting the interest of Taiwan businessmen, Premier14 Li Keqiang has made it very clear that the recent document issued by the State Council sticks to the previous preferential policy. This is a promise from the central government for Taiwan businessmen. "
He also believes other motions concerning the wellbeing of people from both sides of the straits will be raised in the meeting.
Ni Yongjie is the deputy director of the Taiwan Affairs research institute based in Shanghai.
He believes the meeting will be another milestone15 in cross-straits relations after the first meeting between the two parties' then top leaders taking place in 2005.
"Mutual16 trust between the two parties will be enhanced. The meeting will make progress on carrying on the 1992 consensus17 to promote the peaceful development of cross-straits relations. The meeting will also set a clear direction of the future of the relationship. It will make arrangements to encourage more common people from Taiwan to participate in the cross-straits communications. "
Experts expect the meeting could make clear the direction of the crosss-straits relationship in the future. And this will greatly help to secure the stable development between the mainland and Taiwan.
For CRI, I'm Guo Yan.
China beefs up Food Safety Law
Anchor:
The Standing6 Committee of China's National People's Congress, the country's top legislature, has adopted an amendment18 to the 2009 Food Safety Law that includes the heaviest penalties yet for offenders19.
CRI's Yu Yang reports.
Reporter:
The issue of food safety has long been a sensitive area for everyday Chinese people, who have been shocked by a string of food safety scandals in recent years.
They include injecting clenbuterol into pork, recycling cooking oil from restaurant leftovers20, selling pork from sick pigs, making medicine capsules with toxic21 gelatin and passing rat and fox meat off as mutton and beef.
Huang Wei is deputy director with the Commission for Legislative22 Affairs of the NPC Standing Committee.
She says the revised law gives heavier punishment to offenders, increasing the cost for violating the legislation.
"Illegal production and operation still exist in the current law enforcement process. The entire society strongly demand harsh punishment for such illegal behaviors and increasing the cost for violations23. Through the amendment, the food safety law can better crack down on such illegal behaviors."
Touted24 as the "toughest food safety law," the amendment is considered a move toward achieving the strictest ever supervision25 system for food safety.
This is widely considered tough in comparison to other punishments such as fines and revocation29 of certificates.
Bigger fines for offenders are also on the menu. Producers may face fines of up to 30 times the value of their products, up from 10 times under previous regulatory codes.
The revamped law also adds new articles and provisions on baby formula and online shopping.
Huang Wei says the amendment also involves the content of public supervision and regulates the special protection of Informants.
"The amendment specially30 protects the informants and regulates that companies should not persecute31 or retaliate32 against the informants by the means of termination or modification33 of labor34 contracts."
Xu Shenjian is a professor of the Law School with China University of Political Science and Law.
He notes that expending35 public supervision on a larger scale should be a focus in the future legislative work.
"The amendment is relatively36 lack of the content of precaution. And it covers more contents of supervision from government departments, but not enough from the general public. We need to explore more useful ways in this regard. I think that should be the focus in the future."
The new law will go into effect on Oct. 1, 2015.
This is the first change to the legislation since it took effect in 2009.
For CRI, I'm Yu Yang.
Review Hearing Set for Murder Conviction 20 Years after Execution
A court in east China's Shandong Province says it will review a 1994 rape37 and murder case involving a man executed for a crime which another person later confessed to having committed.
Nie Shubin was found guilty of the rape and murder of a woman and received a death penalty in 1995 by a local court in Hebei.
Ten years later, another man named Wang Shujin confessed to the crime.
The court hearing is scheduled for next week.
Besides the two parties of the case, fifteen people will attend the hearing as independent witnesses including lawyers, lawmakers, political advisors41 and representatives of the public.
The presiding judge of the review team, Zhu Yunsan, gave the selection criteria42 of the independent witnesses.
"The basis and criteria of our selection have taken three points in to consideration. Firstly, the independent witness should be objective, impartial43 and well behaved. Secondly44, the chosen person should have some working experience. Lastly, the person should not make any public comments regarding to Nie's case in the past."
Earlier last month, the attorneys acting1 for Nie claimed to have found several "evident errors" while duplicating Nie's case files, most of which involve legal procedure.
Nie's case drew further public attention following the acquittal of an executed convict in another rape-murder case last December.
A teenager named Huugjilt from Inner Mongolia Autonomous45 Region was executed for the rape and murder of a woman in June 1996.
Then in 2005, a self-confessed serial47 rapist and killer48, Zhao Zhihong, admitted to that murder upon his arrest.
Anchor:
A campaign to stop illegal motor racing in Beijing went into effect on Friday.
As CRI's Min Rui reports, a special campaign was jointly50 introduced by several municipal law enforcement departments and the local legislative body.
Reporter:
Drivers in Beijing are not going to be so "Fast and Furious."
Real-life authorities have put a strict ban on illegal motor racing in downtown areas of Beijing.
With police patrols being stepped up, the campaign is to mete52 out severe punishment to those illegal racers, and to build a long-term mechanism53 to stop such acts.
Police authorities will also strengthen checks on modified cars, which are said to be frequently used in illegal car races.
In recent years, Beijing police have launched several special operations to stop motor racing.
Hong Daode, professor at China University of Political Science and Law, says drivers tend to take chances due to lax law enforcement.
"The evidence is not hard to obtain, there is CCTV on all major road, so we have the video evidence. I think the reason lies in slack law enforcement. Maybe because some races didn't cause any casualty so the local police just let the drivers walk away with warning. If we don't punish the outlaws54, it could be an inducement for drivers to take chances."
Earlier this month, a Lamborghini and Ferrari crashed in a race in an expressway tunnel on in Beijing as the seventh stunt-filled "Fast and the Furious" movie opened in China.
The Beijing Traffic Management Bureau says the very accident took place on Datun Road smashing into walls at speeds of more than 160 km/h.
Pictures of the mangled55 wreckage56 of a lime-green Lamborghini, a damaged red Ferrari and other high-performance cars which gone viral on the Internet has emerged discussion.
The two drivers have been detained and further investigation57 is underway.
For CRI, I'm Min Rui.
U.S policy towards hostages held abroad may need changes: U.S. President
U.S. President Barack Obama says that his administration is assessing whether or not changes are needed after a counterterrorism operation on an al Qaeda compound inadvertently killed two western hostages.
"We're going to review what happened. We're going to identify the lessons that can be learned and any improvements and changes that can be made."
In the meantime, White House spokesperson Josh Earnest adds that the White House is considering assembling a cross-agency team to handle situations involving American hostages being held abroad.
Earnest calls the group a "fusion58 cell", which would combine leaders from the FBI, the Department of Defense59 and the intelligence community.
"This would be a working level, operationally focused group of federal employees that would enable a whole-of-government response to overseas hostage events."
According to U.S. officials, a U.S. drone strike in January targeting an al Qaeda compound in Pakistan near the Afghan border inadvertently killed an American and an Italian who had been held hostage for years by the group.
Armenia marks centennial of genocide
A commemoration has been held in Armenia to mark the 100th anniversary of the genocide committed by the Ottoman Empire.
Addressing the event, Armenian President Serzh Sargsyan says the centennial commemoration is a driving force in the struggle against monstrous60 phenomenon like genocide.
"I am grateful to all those who are here to once again confirm your commitment to human values, to say that nothing is forgotten, that after 100 years we remember and we demand."
More than 60 foreign delegations61, including Russian President Vladimir Putin and French President Francois Hollande, attended the event to pay tribute to innocent victims of the 1915 genocide.
Armenia and Turkey have long disagreed over the Armenian Genocide, in which 1.5 million Armenians in Ottoman Turkey were killed and persecuted62 in the years from 1915-1923.
Turkey has rejected the allegations that the incident was genocide.
Tourists were evacuated Friday from the Statue of Liberty in New York City, over reports of a suspicious package.
U.S. Parks Police received a phoned bomb threat at noon, after which police swept the location and detected a possible suspicious package inside a visitor locker64.
The visitors were rushed by boat off Liberty Island and back to the Battery Park and the Liberty State Park in Jersey65 City at noon.
Reports said that there is no indication this is an explosive device, and officials will X-ray the package as a precaution.
Pakistan seeks details of arrest of terror suspects in Italy
Pakistan has said it is seeking details of arrests of a group of al-Qaida suspects in Italy, most of who are Pakistanis and Afghans.
Italian police have arrested the 18 suspects.
Some of them are believed to have links to the 2009 bombing of a crowded marketplace in the northwestern city of Peshawar.
Nearly 100 people were killed in the attack.
Italian Prosecutor67 Mauro Mura told a press conference that members of the network had been in contact with two potential suicide bombers68 who came to Italy in 2010.
"There are some conversations which make it clear that an attack is being programmed and could target the Vatican. The actual location could be the Vatican City."
Italian media said two of the men had provided protection for former al-Qaida leader Osama Bin38 Laden69.
Italy's chief prosecutor has confirmed that a judge has ordered the presumed captain of the migrant ship that capsized in the Mediterranean71 sea to remain in custody after appearing for their first day in court.
Prosecutors72 say they want to charge Tunisian national Mohammed Ali Malek with human trafficking and multiple homicides and his assistant Mahmud Bikhit for aiding illegal immigration.
Malek denies that he was in charge of the heavily overloaded73 fishing boat that capsized before midnight on last Saturday.
But chief prosecutor Giovanni Salvi says the judge's decision shows that the court feels it has reason to believe Malek may have caused the accident.
"The judge overseeing the preliminary hearing has confirmed the arrest and ordered for them to be detained in custody in prison, in recognition of the roles of the two subjects identified by us: Mohammed Alì Malek, the captain, and Mahmud Bikhit, a crew member who assisted the captain."
Prosecutors have also heard testimony74 from witnesses who says they were beaten and abused by club-wielding traffickers before they embarked75 on the ill-fated ship.
The chief prosecutor says the captain is ultimately responsible for the accident.
"The judge, assisted by the evidence and indications the prosecution76 has provided, has recognized that the captain is responsible, due to his erroneous maneuvers77, for the sinking of the ship which was grossly overloaded."
Salvi also says there were probably other members of the crew but none of the survivors78 were being investigated, implying that any others had probably drowned.
The ship that Malek allegedly captained capsized in the Mediterranean last week, leading to the drowning deaths of some 700 migrants on board.
Korean wartime sex slave calls on Japan's PM to apologize
A South Korean woman forced into sex work in Japanese military brothels during World War II says she wants Japan's Prime Minister Shinzo Abe to apologize ahead of his visit to Washington this week.
Now 88-years-old, Kim Bok-Dong recalls what happened to her during World War Two.
"They would take away all of our belongings79 and force us out of our homes to a foreign country if we didn't join the (comfort women) camp. We first have to save ourselves by agreeing to go and assuming they wouldn't kill us there. We were told we're going to a factory but we found out that it wasn't. We didn't have a choice but to obey them as we couldn't run away."
She describes her body as still covered with scars from her treatment as a comfort woman, adding she was unable to bear children as a result.
Kim, and many others like her, have insisted they never received any payment during the war.
Shinzo Abe has said he would uphold past apologies for the war, including a 1995 landmark80 statement by then-premier Tomiichi Murayama.
But he has also said he wants to issue forward-looking remarks in his own words, sparking concern he wants to water down past apologies.
In a speech in Jakarta earlier this week, Abe alluded81 to Tokyo's remorse82 in the past over World War Two without issuing any fresh apology.
Volvo Set to Export First China-made Car to US
Anchor:
Volvo is planning to export its "Made in China" cars to the United States, a step forward for Beijing's ambitions to extend the global reach of the auto46 manufacturing industry.
CRI's Huang Shan reports.
Reporter:
On the verge83 of exporting the first "Made in China" cars to the United States, Volvo aims to show that they are as good as the vehicles it produces in Europe.
The S60 Inscription84, based on Volvo's S60L is the vehicle due to be exported from southwest China's Chengdu.
This version is designed for China and an extra three inches of rear seat legroom for buyers who have passengers riding in the back.
To meet safety standards, every vehicle that rolls off Volvo's assembly line in Chengdu needs to go through a five-hour battery of tests on a driving track.
Once a month, which is three times as often as in Europe, Volvo tears apart a finished car to examine the quality of welds and other work.
The Senior Vice66 President in Charge of China for Volvo Car Group, Lars Danielsson, expresses his confidence in the cars.
"This is a Volvo car coming out of the Volvo production system and it's a lot of credibility into that. I think the US customers really trust us on what we have built up over a long period of time. Of course we have no intention to risk that. We cannot afford it. Then we also are confident about the quality level produced out of this plant."
The move is a new step up in Volvo Car Corp.'s campaign to establish itself as a global luxury brand following its 2010 acquisition by Chinese automaker Geely.
To the Chairman of Geely Holdings Li Shufu, it is also important to win the global market.
"We have to explore the global market, and exporting products from China to the US is part of the endeavor. Volvo has to realize the localization of research, manufacturing and purchasing and recruiting. In our global layout we have to realize the localization globally."
Currently, a handful of China's young but ambitious auto brands are planning to export to the United States or Western Europe.
The managing director of Gaofeng Advisory85 Company, Bill Russo, says that provided the cars are of good quality, the location of the factory is not a problem for US consumers.
"I don't think US consumers have a problem with buying cars or anything made in China. It's a market that's rather indifferent to the point of origin. We buy Apple products - they're all made in China. And that doesn't diminish the equity86 of the brand of Apple. So I think the issue of made in China is largely perception, of quality, but the reality is that internationally branded products made in China are made to the same standards as they would be manufactured anywhere else in the world."
Volvo expects to send about 5,000 units per year to the United States. In June, the first U.S.-bound S60 Inscriptions87 will be shipped to Shanghai, then across the Pacific to the United States.
For CRI, I'm Huang Shan.
Works by modern masters Pablo Picasso, Marc Chagall, Andy Warhol and Salvador Dali, will be offered up at an auction89 by Christie's in Shanghai today.
Organisers say over 80 items from both Chinese and Western artists will be going under the hammer at the auction.
Among the works showcased at a preview gallery open to the public was Pablo Picasso's "Tête d'homme", and Salvador Dali's melting clock sculpture, "Dance of Time One".
Cai Jinqing, president of Christie's China, says that the auction will also showcase modern Chinese artists.
"Our special night auction will continue with our 20th century and contemporary art section. It's a platform for both eastern and Western art pieces. We will have the works of many great western artists, such as Picasso, Chagall, Andy Warhol, etc. During this session we will also showcase the works of some of our younger Chinese artists, which will include many artists from the post-70's and post 80's generations."
Works by modern Chinese artists Hao Liang and Jia Aili will also be auctioned off this evening.
weather
Overnight it will be clear and temperatures will drop to 15.
Shanghai will also be sunny with a high of 26 and it will be clear tonight with a low of 15.
In Chongqing it will be cloudy in the daytime with a high of 25 and continue to be cloudy tonight with the lowest temperature of 18.
Elsewhere in the world, staying here in Asia,
Islamabad will be sunny today with a high of 46.
Kabul will see some clouds with a high of 29.
Over to North America,
New York will be sunny with a high of 17 degrees.
Honolulu, partly cloudy, 28.
Toronto, Canada, will have some clouds with a high of 12 degrees.
Headline news
Indonesian president urges equality-based cooperation
Indonesian President Joko Widodo is calling for Asian and African countries to continue working towards prosperity by echoing the Bandung Spirit and forging partnerships92 based on equality.
Widodo made the call during the commemoration of the 60th anniversary of the first Asia-Africa Conference, called the Bandung Conference.
Leaders from some 100 countries, including Chinese President Xi Jinping, have participated at this year's Asia-Africa Summit and the events to commemorate93 the anniversary.
Bandung Spirit is a term coined to sum up the consensus reached by a group of Asian and African leaders, including late Chinese premier Zhou Enlai, 60 years ago when they convened94 at Bandung.
It highlights solidarity95, friendship and cooperation.
China rejects Philippine allegations of stealing fish
China has rejected complaints that its coast guard seized fish caught by Filipino fishermen in the South China Sea, urging the Philippines to stop illegally fishing in Chinese waters.
China's response came after the Philippines said Chinese coast guard members boarded two Philippines fishing boats near Huangyan Island on April 11, and took the crew's catch.
Foreign Ministry96 spokesperson Hong Lei says Huangyan Island is Chinese territory and the coast guard patrols the waters to maintain order in the area.
He urges the Philippines to respect China's territorial97 sovereignty and to ensure its fishermen are aware of the illegality of fishing in waters surrounding the island.
Armenia marks centennial of genocide
A commemoration has been held in Armenia to mark the 100th anniversary of the genocide committed by the Ottoman Empire.
Addressing the event, Armenian President Serzh Sargsyan says the centennial commemoration is a driving force in the struggle against monstrous phenomenons like genocide.
More than 60 foreign delegations, including Russian President Vladimir Putin and French President Francois Hollande, attended the event to pay tribute to innocent victims of the 1915 genocide.
Armenia and Turkey have long disagreed over the Armenian Genocide, in which 1.5 million Armenians in Ottoman Turkey were killed and persecuted in the years from 1915-1923.
Turkey has rejected the allegations that the incident was a genocide.
Judge orders shipwreck's presumed captain and assistant in custody
Italy's chief prosecutor has confirmed that a judge has ordered the presumed captain of the migrant ship that capsized in the Mediterranean sea to remain in custody after appearing for their first day in court.
Prosecutors say they want to charge Tunisian national Mohammed Ali Malek with human trafficking and multiple homicides and his assistant Mahmud Bikhit for aiding illegal immigration.
The ship that Malek allegedly captained capsized in the Mediterranean last week, leading to the drowning deaths of some 700 migrants on board.
Weekly Biz Roundup
Weekly Business Review
Anchor:
It's time to take a look back at some of the headlines making news in the business world this past week in our Weekly Business Review.
Three new Free Trade Zones have launched here on the mainland. China's central bank has once again slashed98 the reserve requirement ratio for all banks to inject more liquidity99 into the market. China's bank card clearing market is now open to foreign firms. And German automaker Mercedes Benz has received a hefty fine from Chinese authorities for violating an anti-monopoly law.
CRI's Wenjie has more details.
Reporter:
Three new Free Trade Zones in China officially opened on Monday.
The new Zones are located in Tianjin, Fujian and Guangdong.
Chinese assistant Commerce Minister Wang Shouwen says each of the three different Free Trade Zones has their own characteristics.
"The one in Guangdong will focus on promoting in-depth economic cooperation between the mainland, Hong Kong and Macao, especially in the services sector100. At the same time, the Guangdong FTZ shoulders the responsibility of upgrading China's manufacturing industry. The one in Tianjin will emphasize the joint51 development of Beijing, Tianjin and Hebei. The one in Fujian deepens cross-Strait economic cooperation and will support the belt and road initiative."
On the same day, the State Council also released new versions of its negative list.
Wang Shouwen says the extent of the FTZs' openness is much greater, as the number of special administrative measures has been reduced from previous 190 to 122 in the negative list.
"You can see in the unified101 negative list for four free trade zones, we have removed or loosened restrictions102 in 18 sectors103 in pilot free trade zones. It shows a great extent of openness."
Under the "negative list", FTZ foreign investments will be prohibited in certain non-ferrous metal mining, air traffic control systems management, postal104 enterprises and production of radio and television programs.
Foreign investments are restricted to joint ventures with domestic companies in sectors such as oil and natural gas exploration and development, general-purpose airplane design, manufacture and maintenance, and rare earth smelting105.
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China's central bank on Monday lowered the reserve requirement ratio for all banks by one percentage point, the second reduction in two months.
The Agricultural Development Bank of China, the sole policy lender for agriculture, gets an RRR reduction of two percentage points.
The central bank has also further lowered RRR by 0.5 percentage points for eligible106 banks that lend a certain amount of loans to agricultural borrowers or small and micro businesses.
Industry estimate says that the cut could free up 1.3 trillion yuan or around 212 billion U.S. dollars into the real economy.
Zhao Xijun, deputy dean of School of Finance at Renmin University of China, says the move is part of the efforts to help promote bank restructuring and combat slow growth.
"In general, it is a measure to cope with market complications and to stabilize107 economic growth, especially amid increasing pressure from current slowdown. At the same time, there is greater direct support for certain fields, including the farming sector and small businesses."
Mike Bastin, director of the China Business Center based in London, says the move also helps to boost the rural economies.
The central bank previously108 lowered the reserve requirement ratio for all commercial banks by 50 basis points in February.
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On Wednesday, Chinese government announced plans to allow foreign players into the bank card sector.
The State Council has announced that it will open up the market for clearing domestic bank card transactions as of June 1st.
Foreign firms will be able to set up their own clearing companies in China and apply to the central bank for licenses109 for bank card clearing operations.
Currently, only China UnionPay can provide clearing services for bank card transactions in the country.
Transactions through bank and credit cards last year in China hit some 6.8-trillion U.S. dollars.
The move is part of a promise made in 2012 after the United States filed a complaint to the World Trade Organization, accusing China of discriminating110 against foreign bank card and credit card firms.
CRI's financial commentator111, Cao Can, says the move is a response to the growing demand in China's bank card clearing market.
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The first project involving China's 40-billion US dollar Silk Road Investment Fund was announced on Monday during Chinese President Xi Jinping's state visit to Pakistan.
The Chinese Fund is going to invest 1.6-billion US dollar in the Karot hydropower project in Pakistan.
The money will be channeled to the China Three Gorges112 Corporation, which is building the hydropower facility in Pakistan.
Mohammad Mansoor Ali, economics professor at National University of Modern Languages in Pakistan, says the project will greatly ease energy shortages in his country.
"Pakistan is facing especially the energy crisis for past 20 years or so. And the current agreement for establishing new projects for filling this deficiency of energy in Pakistan will change the economic scenario113 all together in Pakistan. Pakistan has struggled to produce energy for its private sector enterprises development."
Construction of the Karot project is expected to begin at the end of this year and finished by 2020.
The project is part of the broader China-Pakistan Economic Corridor initiative.
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A leading official with the China Securities Regulatory Commission confirmed on Wednesday that plans are being looked at to potentially create a cross-strait stock connect system between the mainland and Taiwan.
Jiang Yang, vice chair of the CSRC,says a feasibility study is already underway.
The project would be modeled on the current system linking Shanghai and Hong Kong.
The Shanghai-Hong Kong Stock Connect system has seen some 32-billion US dollars flow through it, since it became operational in November.
A connection between Shenzhen and Hong Kong is expected to start by the end of this year.
It's unclear if the proposed new cross-strait stock connect system would allow individual investors from Taiwan into the A-share market.
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Authorities in China's Jiangsu Province on Thursday imposed a 350 million yuan or 56 million U.S. dollars fine on German car maker40 Mercedes-Benz for violating anti-monopoly laws and price fixing.
Investigators116 have found that the automaker either colluded with its dealers117 to control prices or directly notified them about quoted prices in order to achieve market dominance between January 2013 and July 2014.
The National Development and Reform Commission ruled the company has violated the Chinese Anti-Monopoly Law by excluding or restraining market competition and thus damaging the rights and interests of consumers.
China's regulators last year fined Chrysler, Audi and 12 Japanese companies after anti-trust investigations118.
///////////////
The Apple Watch officially went on sale Friday in the US, Chinese mainland and seven other countries and regions. .
There are three versions of the watch: Apple Watch, Apple Watch Sport and Apple Watch Edition.
The Sport collection is priced under three thousand yuan, about 400 US dollars, while the Watch starts from 549 US dollars and the Edition starts at 10-thousand U.S. dollars and features rose or yellow 18-karat gold alloys119.
It is expected to do well in China, where sales of knock-off versions began soon after Apple's unveiling of the gadget120 in March.
Apple says that there will be no in-store stock on the launch day, and that in-store purchasing at Apple locations won't be available until around June.
Customers can now only purchase the smart watch online or by reservation in Apple retail121 stores and from resellers in their regions.
And that concludes this edition of the weekly business review, I'm Wenjie in Beijing, Thank you for your listening.
Sports
UEFA Champions League semi-final fixtures
Barcelona were drawn122 against Bayern Munich in the UEFA Champions League semi-finals while Real Madrid will play Juventus.
All eyes will be on Bayern coach Pep Guardiola, who will return to Camp Nou to face his former club.
Guardiola said it is a special, emotional experience for him but at the end of the day, it is a football match.
His old side are now coached by Luis Enrique, who he played alongside at Barcelona in the 1990s.
Enrique says he is looking forward to the clashes with his old friend.
"It will be a special match as Pep (Guardiola) will face Barca for the first time. And I will face him as coach for the first time, so it is special for me as well. I am sure it will be for all the players as it is the first time they will have Pep on the other side. We will play them in two matches and it is a wonderful thing to look forward to for both Barca and Bayern fans."
Guardiola won the European Cup as a player with Barcelona in 1992 and then won 14 trophies123 in four seasons as coach, including the Champions League in 2009 and 2011. He joined Bayern Munich in 2013.
Meanwhile, Real Madrid will go to Italy for the first leg of their tie against Juventus as they look to become the first club to retain the trophy124 in the Champions League era.
Juventus are through to their first Champions League semi-final since 2003.
Chinese Super League: Shijianzhuang beat Tianjin 4-3
Very quickly in the Chinese Super League,
Kikcing off round 7 in the League, Shijiazhuang Ever Bright beat Tianjin Teda 4-3 in a goal loaded game.
It was also filled with tension as the referee125 handed a total of 5 yellow cards, including 2 for Tianjin and 3 for Shijiazhuang.
NBA Playoffs preview
In the NBA,
Houston are leading the series 2-0. Five of their players have been in the Playoff finals and three have championship rings. But point guard Jason Terry said the 3rd game is where it really starts for them and that they have to win in it away.
In just a few minutes,
The Washington Wizards return home to take on the Toronto Raptors with a 2-0 lead.
The Raptors are expecting the return of Kyle Lowry, which will aid them in a much-needed victory.
The Wizards could use more from Bradley Beal and John Wall, who jointly delivered 54 points and 19 assists in game 2.
Later this morning,
The San Antonio Spurs will play the Los Angeles Clippers.
The Spurs leveled it 1-1 with an overtime127 win after a hard-fought game 2 thanks to Tim Duncan, who is playing on his birthday this morning.
Turning 39, the oldest player in these playoffs still looks capable of carrying the load for the Spurs. He had 28 points, 11 rebounds128 and 4 assists in a vintage performance in game 2.
The start for Tony Parker is probable after he left the court with an Achilles injury.
Los Angeles' Blake Griffin, having blamed the loss of game 2 "100 percent" on himself, says he is determined129 to change things and play with the right spirit.
MLB: Baltimore host Boston
Turning over to some Major League Baseball action happening right now:
The Baltimore Orioles are hosting the Boston Red Sox at Camden Yards.
The Yanks host the Mets
Atlanta are playing in Philly.
Detroit host the Cleveland Indians.
And Nats at Marlins.
Toronto are playing Tampa Bay.
A few highlights of action later on today:
The Royals play the White Sox.
And San Francisco are in Colorado to take on the Rockies.
First pitch for both of those games is set for 8:10 am Beijing time.
Ferrer, Andujar to meet in Barcelona Open semi-finals
David Ferrer and Pablo Andujar advanced to the semi-finals of the Barcelona Open.
A four-time beaten finalist at the Barcelona Open, David Ferrer remains131 on course to win the event for the first time after beating Philipp Kohlschreiber in straight sets.
Fabio Fognini knocked Rafael Nadal out of action but was unable to conquer Pablo Andujar, who took it 6-1, 6-3.
Ferrer and Andujar will face each other in the semi-finals, where Martin Klizan and defending champion Kei Nishikori will also be battling it out for a spot in the final.
Snooker: Ding leads Higgins 9-7; Mark Selby knocked out
In Snooker,
Ding Junhui turned it around 9-7 against four-time world champion John Higgins in a best-of-25 game at the World Championships in Sheffield.
Ding was trailing 3-5 after the first session but secured three crucial frames with 80, 64, 92 breaks.
Ding and Higgins will play the final session and close round two this evening.
In other action,
Defending champion Mark Selby was handed a shock 13-9 defeat by Anthony McGill and tumbled out of the Championships.
Selby's defeat continued the so-called 'Crucible132 Curse'. No first-time champion has ever made a successful defence of his title.
Turning over to golf:
Frenchman Julien Quesne fired a five-under-par 67 to grab the halfway lead at the China Open in Shanghai.
Quesne made six birdies in Shanghai to put himself in sight of his third European Tour title and first since 2013.
His compatriot and defending champion Alexander Levy134 looked set for the halfway lead but faltered135 over the closing stages of his second round.
Thailand's Kiradech Aphibarnrat, who won last week's European Tour title in Shenzhen, moved into contention136 for another victory after firing a 68 to move into a tie for fourth.
Entertainment
Paul McCartney tops Sunday Times Rich Musicians List
Paul McCartney has topped the list of the richest musicians in the UK and Ireland with a fortune of $1.1 billion.
The former Beatle took the number one spot on the Sunday Times rich list adding an estimated $30 million to his fortune from last year.
McCartney stays ahead of theater impresario137 Andrew Lloyd Webber who comes in second with $976 million. Lloyd Webber owes his wealth to creating some of the most iconic musicals ever including Cats and The Phantom139 of the Opera.
In third was rock band U2 whose combined wealth comes to $637 million. Rock and Roll hall of famers dominated the top ten with Elton John, Mick Jagger, Keith Richards and Sting all sitting within the top.
Lady Gaga to be inducted into Songwriter's Hall of Fame
The 29 year old megastar will receive the inaugural140 contemporary icon award at the Songwriter's Hall of Fame on June 19.
The award is to honor a performing songwriter who has attained141 an iconic status in pop culture according to a statement from the hall. Gaga has had a hand at writing most of her hits including Poker142 Face, Applause and Let's Dance.
Gaga is the latest to be honoured at the ceremony with Jerry Garcia and Cyndi Lauper also being inducted into the hall.
Second 24 hour bookstore opens in Beijing
A second round the clock bookshop has opened in Beijing.
Located in the university hub in Haidian district, the 24 hour store targets students and white collar workers in the area.
Book salons143 and cultural events will also be held at the store owned by SDX Joint Publishing Company. There is also a bar inside for customers.
The company launched its first 24 hour bookstore near the National Art Museum of China in Beijing last year drawing lots of media attention although some doubted its financial viability144 considering the booming business of e-books.
Sherlock becoming increasingly difficult due to star power
Steven Moffat, co-creator of Sherlock has said it's getting more difficult to lure145 Bennedict Cumberbatch back to the show.
Moffat says that with Bennedict Cumberbatch having gone from a fresh faced tv actor to Hollywood A-lister during Sherlock's five year run, it's becoming increasing difficult to lure the actor back to 221B Baker146 Street.
The show's co-creator also said that although Cumberbatch and Martin Freeman are very serious about the show, they are now bigger than the show. Martin Freeman has since gone on to find huge success after appearing in The Hobbit trilogy and Fargo.
Both Cumberbatch and Freeman are set to make an appearance at the first ever Sherlocked, a Sherlock fan convention this weekend in London.
JK Rowling to publish new novel this autumn
JK Rowling has revealed that she will be publishing a new novel this autumn.
Career of Evil will be the third installment147 in her Detective Cormoran Strike series, which is published under her pseudonym148 Robert Galbraith.
It follows previous releases The Cuckoos Calling and The Silkworm. Rowling has suggested that the story will be told over seven books, like Harry149 Potter.
The author was revealed as the real writer of crime novel The Cuckoos Calling after a leak from law firm Russells.
Rowling later revealed that her pseudonym Robert Galbraith did better than she expected it to before being outed.
Wiz Khalifa has extended his stay at the top of the US Hot 100 chart for a second week with his song See You Again for the Fast and Furious 7 film.
The song has spent a consecutive151 week at number one in the US after forcing Mark Ronson's Uptown Funk down to two last week.
The Weekend jumps three places to three this week with Fifty Shades of Grey track Earned It while Maroon152 5 are at four with Sugar.
Further down in the charts, David Guetta and Nicki Minaj are at 27 with Hey Mama and Carly Rae Jepsen is back in the charts with I Really Like You at 39.
weather
Beijing will be sunny today with a high of 32 degrees Celsius.
Overnight it will be clear and temperatures will drop to 15.
Shanghai will also be sunny with a high of 26 and it will be clear tonight with a low of 15.
In Chongqing it will be cloudy in the daytime with a high of 25 and continue to be cloudy tonight with the lowest temperature of 18.
Elsewhere in the world, staying here in Asia,
Islamabad will be sunny today with a high of 46.
Kabul will see some clouds with a high of 29.
That’s it for this weekend edition of the Beijing Hour.
A quick look at the headlines before we go...
Chinese president Xi Jinping among Asian and African leaders reenacting a historical walk to mark the 60th anniversary of the Bandung conference..
China's food safety law getting a major overhaul...
On behalf of the Beijing Hour staffers, this is Spencer Musick in Beijing hoping you'll join us for our next edition of the Beijing Hour to open a window to the world together.
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acting
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| n.演戏，行为，假装；adj.代理的，临时的，演出用的 | |
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overhaul
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| v./n.大修，仔细检查 | |
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fixtures
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| （房屋等的）固定装置( fixture的名词复数 )； 如（浴盆、抽水马桶）； 固定在某位置的人或物； （定期定点举行的）体育活动 | |
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reminder
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| n.提醒物，纪念品；暗示，提示 | |
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predecessors
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| n.前任( predecessor的名词复数 )；前辈；（被取代的）原有事物；前身 | |
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standing
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| n.持续，地位；adj.永久的，不动的，直立的，不流动的 | |
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partnership
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| n.合作关系，伙伴关系 | |
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maritime
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| adj.海的，海事的，航海的，近海的，沿海的 | |
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delegation
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| n.代表团；派遣 | |
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forum
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| n.论坛，讨论会 | |
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prospects
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| n.希望，前途(恒为复数) | |
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infrastructure
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| n.下部构造，下部组织，基础结构，基础设施 | |
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decided
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| adj.决定了的，坚决的；明显的，明确的 | |
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premier
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| adj.首要的；n.总理，首相 | |
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milestone
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| n.里程碑；划时代的事件 | |
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mutual
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| adj.相互的，彼此的；共同的，共有的 | |
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consensus
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| n.(意见等的)一致，一致同意，共识 | |
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amendment
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| n.改正，修正，改善，修正案 | |
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offenders
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| n.冒犯者( offender的名词复数 )；犯规者；罪犯；妨害…的人（或事物） | |
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leftovers
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| n.剩余物，残留物，剩菜 | |
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toxic
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| adj.有毒的，因中毒引起的 | |
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legislative
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| n.立法机构，立法权；adj.立法的，有立法权的 | |
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violations
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| 违反( violation的名词复数 )； 冒犯； 违反（行为、事例）； 强奸 | |
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24
touted
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| v.兜售( tout的过去式和过去分词 )；招揽；侦查；探听赛马情报 | |
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supervision
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| n.监督，管理 | |
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administrative
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| adj.行政的，管理的 | |
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detention
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| n.滞留，停留；拘留，扣留；(教育)留下 | |
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inedible
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| adj.不能吃的，不宜食用的 | |
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revocation
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| n.废止，撤回 | |
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specially
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| adv.特定地；特殊地；明确地 | |
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persecute
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| vt.迫害，虐待；纠缠，骚扰 | |
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retaliate
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| v.报复，反击 | |
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modification
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| n.修改，改进，缓和，减轻 | |
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labor
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| n.劳动，努力，工作，劳工；分娩；vi.劳动，努力，苦干；vt.详细分析；麻烦 | |
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expending
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| v.花费( expend的现在分词 )；使用（钱等）做某事；用光；耗尽 | |
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relatively
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| adv.比较...地，相对地 | |
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rape
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| n.抢夺，掠夺，强奸；vt.掠夺，抢夺，强奸 | |
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bin
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| n.箱柜；vt.放入箱内；[计算机] DOS文件名:二进制目标文件 | |
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supreme
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| adj.极度的，最重要的；至高的，最高的 | |
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maker
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| n.制造者，制造商 | |
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advisors
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| n.顾问，劝告者( advisor的名词复数 )；（指导大学新生学科问题等的）指导教授 | |
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criteria
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| n.标准 | |
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impartial
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| adj.(in,to)公正的，无偏见的 | |
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secondly
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| adv.第二，其次 | |
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autonomous
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| adj.自治的；独立的 | |
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auto
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| n.(=automobile)(口语)汽车 | |
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serial
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| n.连本影片，连本电视节目；adj.连续的 | |
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48
killer
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| n.杀人者，杀人犯，杀手，屠杀者 | |
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racing
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| n.竞赛，赛马；adj.竞赛用的，赛马用的 | |
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jointly
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| ad.联合地，共同地 | |
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joint
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| adj.联合的，共同的；n.关节，接合处；v.连接，贴合 | |
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52
mete
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| v.分配；给予 | |
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53
mechanism
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| n.机械装置；机构，结构 | |
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54
outlaws
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| 歹徒，亡命之徒( outlaw的名词复数 )； 逃犯 | |
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55
mangled
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| vt.乱砍（mangle的过去式与过去分词形式） | |
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56
wreckage
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| n.（失事飞机等的）残骸，破坏，毁坏 | |
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57
investigation
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| n.调查，调查研究 | |
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58
fusion
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| n.溶化；熔解；熔化状态，熔和；熔接 | |
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59
defense
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| n.防御，保卫；[pl.]防务工事；辩护，答辩 | |
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60
monstrous
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| adj.巨大的；恐怖的；可耻的，丢脸的 | |
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61
delegations
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| n.代表团( delegation的名词复数 )；委托，委派 | |
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62
persecuted
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| （尤指宗教或政治信仰的）迫害(~sb. for sth.)( persecute的过去式和过去分词 )； 烦扰，困扰或骚扰某人 | |
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63
evacuated
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| 撤退者的 | |
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64
locker
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| n.更衣箱，储物柜，冷藏室，上锁的人 | |
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jersey
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| n.运动衫 | |
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vice
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| n.坏事；恶习；[pl.]台钳，老虎钳；adj.副的 | |
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67
prosecutor
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| n.起诉人；检察官，公诉人 | |
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68
bombers
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| n.轰炸机( bomber的名词复数 )；投弹手；安非他明胶囊；大麻叶香烟 | |
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69
laden
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| adj.装满了的；充满了的；负了重担的；苦恼的 | |
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70
custody
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| n.监护，照看，羁押，拘留 | |
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71
Mediterranean
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| adj.地中海的；地中海沿岸的 | |
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72
prosecutors
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| 检举人( prosecutor的名词复数 )； 告发人； 起诉人； 公诉人 | |
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73
overloaded
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| a.超载的，超负荷的 | |
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74
testimony
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| n.证词；见证，证明 | |
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75
embarked
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| 乘船( embark的过去式和过去分词 )； 装载； 从事 | |
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prosecution
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| n.起诉，告发，检举，执行，经营 | |
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77
maneuvers
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| n.策略，谋略，花招( maneuver的名词复数 ) | |
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78
survivors
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| 幸存者，残存者，生还者( survivor的名词复数 ) | |
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79
belongings
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| n.私人物品，私人财物 | |
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80
landmark
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| n.陆标，划时代的事，地界标 | |
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81
alluded
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| 提及，暗指( allude的过去式和过去分词 ) | |
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82
remorse
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| n.痛恨，悔恨，自责 | |
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83
verge
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| n.边，边缘；v.接近，濒临 | |
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84
inscription
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| n.（尤指石块上的）刻印文字，铭文，碑文 | |
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advisory
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| adj.劝告的，忠告的，顾问的，提供咨询 | |
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86
equity
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| n.公正，公平，（无固定利息的）股票 | |
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87
inscriptions
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| （作者）题词( inscription的名词复数 )； 献词； 碑文； 证劵持有人的登记 | |
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auctioned
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| v.拍卖( auction的过去式和过去分词 ) | |
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auction
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| n.拍卖；拍卖会；vt.拍卖 | |
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Celsius
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| adj.摄氏温度计的，摄氏的 | |
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91
overcast
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| adj.阴天的，阴暗的，愁闷的；v.遮盖，（使）变暗，包边缝；n.覆盖，阴天 | |
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92
partnerships
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| n.伙伴关系( partnership的名词复数 )；合伙人身份；合作关系 | |
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93
commemorate
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| vt.纪念，庆祝 | |
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94
convened
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| 召开( convene的过去式 )； 召集； （为正式会议而）聚集； 集合 | |
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solidarity
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| n.团结；休戚相关 | |
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ministry
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| n.(政府的)部；牧师 | |
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97
territorial
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| adj.领土的，领地的 | |
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98
slashed
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| v.挥砍( slash的过去式和过去分词 )；鞭打；割破；削减 | |
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99
liquidity
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| n.流动性，偿债能力，流动资产 | |
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100
sector
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| n.部门，部分；防御地段，防区；扇形 | |
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unified
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| (unify 的过去式和过去分词)； 统一的； 统一标准的； 一元化的 | |
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102
restrictions
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| 约束( restriction的名词复数 )； 管制； 制约因素； 带限制性的条件（或规则） | |
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103
sectors
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| n.部门( sector的名词复数 )；领域；防御地区；扇形 | |
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104
postal
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| adj.邮政的，邮局的 | |
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105
smelting
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| n.熔炼v.熔炼，提炼（矿石）( smelt的现在分词 ) | |
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106
eligible
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| adj.有条件被选中的；(尤指婚姻等)合适(意)的 | |
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107
stabilize
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| vt.（使）稳定，使稳固，使稳定平衡；vi.稳定 | |
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108
previously
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| adv.以前，先前（地） | |
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109
licenses
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| n.执照( license的名词复数 )v.批准，许可，颁发执照( license的第三人称单数 ) | |
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110
discriminating
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| a.有辨别能力的 | |
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111
commentator
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| n.注释者，解说者；实况广播评论员 | |
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112
gorges
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| n.山峡，峡谷( gorge的名词复数 )；咽喉v.（用食物把自己）塞饱，填饱( gorge的第三人称单数 )；作呕 | |
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113
scenario
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| n.剧本，脚本；概要 | |
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114
investors
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| n.投资者，出资者( investor的名词复数 ) | |
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115
corporate
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| adj.共同的，全体的；公司的，企业的 | |
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116
investigators
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| n.调查者，审查者( investigator的名词复数 ) | |
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117
dealers
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| n.商人( dealer的名词复数 )；贩毒者；毒品贩子；发牌者 | |
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118
investigations
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| （正式的）调查( investigation的名词复数 )； 侦查； 科学研究； 学术研究 | |
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119
alloys
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| n.合金( alloy的名词复数 ) | |
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120
gadget
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| n.小巧的机械，精巧的装置，小玩意儿 | |
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121
retail
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| v./n.零售；adv.以零售价格 | |
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122
drawn
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| v.拖，拉，拔出；adj.憔悴的，紧张的 | |
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123
trophies
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| n.（为竞赛获胜者颁发的）奖品( trophy的名词复数 )；奖杯；（尤指狩猎或战争中获得的）纪念品；（用于比赛或赛跑名称）奖 | |
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124
trophy
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| n.优胜旗，奖品，奖杯，战胜品，纪念品 | |
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125
referee
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| n.裁判员．仲裁人，代表人，鉴定人 | |
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126
mavericks
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| 未烙印的牲畜( maverick的名词复数 )； 标新立异的人，不合常规的人 | |
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127
overtime
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| adj.超时的，加班的；adv.加班地 | |
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128
rebounds
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| 反弹球( rebound的名词复数 )； 回弹球； 抢断篮板球； 复兴 | |
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129
determined
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| adj.坚定的；有决心的 | |
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130
cubs
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| n.幼小的兽，不懂规矩的年轻人( cub的名词复数 ) | |
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131
remains
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| n.剩余物，残留物；遗体，遗迹 | |
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132
crucible
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| n.坩锅，严酷的考验 | |
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133
halfway
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| adj.中途的，不彻底的，部分的；adv.半路地，在中途，在半途 | |
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134
levy
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| n.征收税或其他款项，征收额 | |
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135
faltered
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| （嗓音）颤抖( falter的过去式和过去分词 )； 支吾其词； 蹒跚； 摇晃 | |
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136
contention
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| n.争论，争辩，论战；论点，主张 | |
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137
impresario
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| n.歌剧团的经理人；乐团指挥 | |
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138
icon
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| n.偶像，崇拜的对象，画像 | |
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139
phantom
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| n.幻影，虚位，幽灵；adj.错觉的，幻影的，幽灵的 | |
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140
inaugural
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| adj.就职的；n.就职典礼 | |
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141
attained
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| （通常经过努力）实现( attain的过去式和过去分词 )； 达到； 获得； 达到（某年龄、水平、状况） | |
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142
poker
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| n.扑克；vt.烙制 | |
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143
salons
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| n.（营业性质的）店( salon的名词复数 )；厅；沙龙（旧时在上流社会女主人家的例行聚会或聚会场所）；（大宅中的）客厅 | |
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144
viability
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| n.存活(能力) | |
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145
lure
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| n.吸引人的东西，诱惑物；vt.引诱，吸引 | |
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146
baker
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| n.面包师 | |
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147
installment
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| n.(instalment)分期付款；(连载的)一期 | |
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148
pseudonym
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| n.假名，笔名 | |
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149
harry
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| vt.掠夺，蹂躏，使苦恼 | |
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150
billboard
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| n.布告板，揭示栏，广告牌 | |
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151
consecutive
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| adj.连续的，联贯的，始终一贯的 | |
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152
maroon
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| v.困住，使（人）处于孤独无助之境；n.逃亡黑奴；孤立的人；酱紫色，褐红色；adj.酱紫色的，褐红色的 | |
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