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每日新闻播报(May 17)

chinadaily.com.cn 2022-05-17 12:36


>Airlines' awaited C919 makes test flight

The first C919 passenger jet takes off for a test flight at Shanghai Pudong International Airport on Saturday. If all goes well with the tests, China Eastern Airlines intends to buy these aircraft. XINHUA

The first C919 large passenger aircraft to be delivered completed its maiden test flight on Saturday, according to the Commercial Aircraft Corp of China (COMAC). China's own developed jet, coded B-001J, took off at 6:52 a.m. from Shanghai Pudong International Airport and landed at the same site at 9:54 a.m.

During the flight that lasted three hours and two minutes, pilots and engineers coordinated to complete all operations, and the plane was in good condition, said COMAC.

In March last year, China Eastern Airlines and COMAC signed a purchase contract for five C919 planes, which will be based mainly in Shanghai after delivery.


>Shanghai to start gradual reopening

Residents in Shanghai ride motorbikes on Monday as the city's authorities release a phased plan to return to normal after community transmission of the Omicron variant has been cut off in 15 of the city's 16 districts. ZHU XINGXIN/CHINA DAILY

Shopping malls, department stores, supermarkets, convenience stores and pharmacies in Shanghai will resume offline operations in a gradual and orderly manner, as the city will promote a staged resumption of commercial business and markets starting on Monday, the city's vice-mayor said on Sunday. The resumption will stick to the principles of "reopening in order, limited shopper flow, effective control, and classified management" while strictly implementing epidemic prevention and control measures, Vice-Mayor Chen Tong said at a news briefing.

All retail venues need to design entry and exit channels, limit the flow of customers and provide services for placing orders online, but also provide delivery offline along with in-store service.

Catering and hairdresser services will resume gradually.

Catering operators can take orders both online and offline but only provide takeaway service.

Hairdressers must also limit the number of customers.


>IMF lifts weighting of RMB

File photo taken on April 6, 2021 shows an exterior view of the International Monetary Fund (IMF) headquarters in Washington, DC, the United States. [Photo/Xinhua]

In the latest valuation review of the Special Drawing Right-an international reserve asset also known as SDR, the International Monetary Fund (IMF) raised the weight of the renminbi in the basket of currencies that make up the SDR by 1.36 percentage points, to 12.28 percent, the People's Bank of China, the nation's central bank, said on Sunday. The SDR valuation review, completed on Wednesday, marked the first review since the renminbi was included in the SDR basket in 2016, with a share of 10.92 percent, the central bank said.

Effective Aug 1, the weight increase will allow the renminbi to continue to account for the third-largest share in the basket, behind only the US dollar and the euro, but ranking higher than the Japanese yen and the British pound.


>Two-thirds of Americans live paycheck to paycheck


Inflation is showing no signs of slowing down, making it harder for workers to make ends meet.

The Consumer Price Index increased 8.3% from a year ago, higher than the 8.1% estimate, according to the US Bureau of Statistics.

Although it was down slightly from the March peak, inflation is still growing at the fastest annual pace in about four decades.

As of March, close to two-thirds, or 64%, of the US population was living paycheck to paycheck, just shy of the high of 65% in 2020, according to a LendingClub report.

"The number of people living paycheck to paycheck today is reminiscent of the early days of the pandemic, and it has become the dominant lifestyle across income brackets," said Anuj Nayar, LendingClub's financial health officer.


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