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每日新闻播报(April 15)

chinadaily.com.cn 2022-04-15 11:19


>China rolls out five-year plan on family education

A soccer coach teaches a group of girls in Shawan city, Xinjiang Uygur autonomous region, with the aim of setting up a team for local youngsters. [HU HUHU/XINHUA]

A five-year plan on the guidance and development of family education has been released by 11 agencies, including the Ministry of Education and the All-China Women's Federation. The ultimate goal is to build a guidance system for family education that serves both urban and rural areas, improve the mechanism of school-family-community cooperative education, and ensure that children can grow up healthy, according to the plan.
全国妇联、教育部等11个部门近日印发《关于指导推进家庭教育的五年规划 (2021—2025 年)》,把构建覆盖城乡的家庭教育指导服务体系、健全学校家庭社会协同育人机制、促进儿童健康成长确立为今后一个时期家庭教育发展的根本目标。

By 2025, the number of guidance service providers for family education will be increased substantially, a professional workforce will be formed, and the supply of related social resources will be greater.


>China home to 40% of world's hydrogen refueling stations

A worker checks on hydrogen tanks slated for use at the Beijing Winter Olympics and Paralympics at a factory in Shijiazhuang, Hebei province, on Nov 11. [LI MINGFA/FOR CHINA DAILY]

China has completed the construction of over 250 hydrogen refueling stations, accounting for about 40 percent of the global total, as it strives to fulfill its pledge to develop hydrogen energy to tackle climate change, according to an energy official.

The country is also developing projects in producing hydrogen from renewable energy and reducing the cost of water electrolysis, said Liu Yafang, an official with the National Energy Administration.

Over 6,000 vehicles on the road are installed with hydrogen fuel cells, accounting for 12 percent of the global total, Liu added.


>China's Bond Connect market remains vibrant in March

A clerk counts cash at a bank in Nantong, Jiangsu province. [Photo/Sipa]

The monthly trading volume under China's Bond Connect program reached 647.8 billion yuan, with the average daily turnover at 28.2 billion yuan, data released by Bond Connect Co showed.

The program saw a total of 9,142 trade tickets last month. Chinese government bonds and policy financial bonds were investors' major focus, accounting for 51 percent and 33 percent of monthly trading volume, respectively.

By the end of March, Bond Connect had 3,453 approved investors, according to the data.


>Wall Street is predicting a 2023 recession

US one hundred dollar notes are seen in this picture. [Photo/Agencies]

The US economy added nearly half a million jobs in March. And US households accumulated roughly $2.5 trillion in excess savings throughout the pandemic. 三月份美国增加了近50万就业岗位,美国家庭在疫情期间的储蓄总额累计达近2.5万亿美元(约合人民币15.9万亿元)。


Still, despite all the good news, predictions of an impending recession are widespread on Wall Street.

For some, it’s a matter of historical comparison.

Former Treasury Secretary Lawrence Summers emphasized in a recent Washington Post op-ed that current economic conditions are undeniably reminiscent of previous pre-recession periods in US history.

"Over the past 75 years, every time inflation has exceeded 4% and unemployment has gone below 5%, the US economy has gone into a recession within two years,” Summers wrote.

Today, the US inflation rate is nearing 8%, and the unemployment rate fell to just 3.6% in March. As a result, Summers now sees an 80% chance of a US recession by next year.


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