Mason

An announcement by Alibaba Pictures said the Beijing

based company decided to invest in Green Book in July, as the decision-maker

were attracted by its heartwarming theme, positive values and quality narrative.

Following the decision, the Paper said, Alibaba Pictures recommended the film to Hu

axia Film Distribution, and both sides agreed to introduce Green Book to Chinese audience.

Only four days after the film was announced, Chinese audience could watch it in the nearby theaters. Yu said af

ter watching Green Book on Monday that the cooperation between Alibaba Pictures and Huaxia Film Distribution m

akes the fastest release in China for an imported movie, which is also attributed to the country’s reform and opening-up.

As of the publication time, Alibaba Pictures shares increased 1.39 percent to HK$1.46 on Tuesday in Hong Kong.

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Alipay updates anti-fraud functionsscans a quick response

Alipay, the country’s top mobile payment platform, announced on Tuesday a major anti-fraud u

pgrade on its application by teaming up with 26 public security departments nationwide.

The new function, dubbed “Security Guard”, allows users to set up related accounts among f

amily members or close friends. Should any abnormalities on transactions occur, the system would send

out alerts to all related accounts in order to prevent the fraud from materializing and minimize loss of funds.

“Security is the lifeline of Alipay, and we hope to fight fraud in a manner as harsh as dru

nk driving,” said Rui Xiongwen, vice-president of Ant Financial, Alipay’s parent company.

Alipay users can choose to delay payment for two hours or 24 hours and raise an alert

on the platform if they deem such transactions potentially misdirected or fraudulent.

The system has been linked to local public security authorities to help freeze any transaction

s in doubt. The money will be credited back to the user’s account if authorities determine fraud has been committed.

A number of local anti-fraud centers in cities like Beijing, Shanghai and Shenzhe

n also pledged to cooperate with Alipay on financial security education and anti-fraud alarming systems.

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Premier financial magazine bullish on Chinese stocks market

Chinese stocks market surged on Monday with benchmark indices in Shanghai and Shenzhen jumping over 5 percent, mak

ing daily turnover break through 1.04 trillion yuan ($155.5 billion), a new record since 2015. The Barron’s, a fin

ancial weekly published by Dow Jones & Company, said the performance of Chinese stocks is much better than the S&

P 500. Global investment management corporation BlackRock also suggested lasting gains of the bull market.

Barron’s said the CSI 300 index, which tracks the largest stocks traded in the Shanghai and Shenzhen

stock exchanges, rose 6 percent on Monday, with a year-to-date gain of nearly 24 percent, twice the gai

n in the S&P 500, making the CSI 300 index one of the best performing indices globally in 2019.

The ongoing finance sector reforms and further industry open-up could also help boost the Chinese economy and the stock market, the Barron’s report said.

China’s financial system has great potential in helping stabilize the economy, a previous China Daily report said, adding that the co

untry will deepen supply-side structural reform in the financial sector and strengthen the sector’s ability to serve the real economy.

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Trump could try to sell North Korea a Vietnam model. But

The night before his historic summit with US President Donald Trump last June, North Kore

an leader Kim Jong Un took a surprise stroll in downtown Singapore to see the sights of the wealthy capitalist city.

The inference seemed clear. If cash-strapped Pyongyang chooses to engage the world — and ditch its nuclear weapons — this could be its future.

Trump and Kim will this month have an even more symbolic backdrop for their next mee

ting: Vietnam, a country which transformed itself from bitter US enemy to peaceful partner in less than 50 years.

Experts believe the Trump administration plans to sell North Korea on a model such as communist Vietnam, hig

hlighting its relationship with Washington as well as its economic boom since adopting market reforms. And all th

e North Koreans have to do, Washington is expected to say, is give up their nukes.

Yet analysts are wary such a sales pitch will produce any tangible outcome. North Korea

knows how capitalism and market economies work: it’s just chosen not to embrace them.

China has for years been prodding the North to embrace economic reform, dragging for

mer North Korean leader Kim Jong Il on tours of capitalist enterprises whenever he visited.

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The same tactic has also been used within the United State

  said Van Jackson, a former Defense Department official in the Obama administration.

  ”Historically, there have been many — I know of half a dozen instances myself personally — where senior North Korean officials were brought around and shown what capi

talist industrialism looks like. They were shown what the stock market floor looks like on the New York Stock Exchange, or they were brought out to so

me tech lab in Silicon Valley,” said Jackson, author of “On the Brink: Trump, Kim, and the Threat of Nuclear War.”

  ”We’ve shown them what capitalism looks like … the idea that they will see something in Vietn

am physically that triggers something different than what we’ve shown them before is kind of non

sense.”There’s something for both Washington and Pyongyang to like when studying the US-Vietnam relationship.

  For North Korea, it’s an example of a single-party communist country that reformed its economy without democr

atizing. For the United States, it’s an example of how to redefine a relationship and make a buck at the same time.

  In 1995 — the year Hanoi and Washington normalized relations — US exports to and imports from Vietnam were

worth just $252 million and $199 million respectively. However in the first 11 months of 2018, the US exported more th

an $8 billion worth of goods to Vietnam and imported goods worth $45 billion, according to US Census figures.

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multi-level banking system with wide coverage and div

  erse expertise should be established, while personalized and differentiated financial products that suit market demand should be developed, he said.

  The number of small and medium-sized financial institutions as well as their proportion o

f businesses should be increased, while financial services to the small and micro firms as well as agr

iculture, rural areas and rural people should be improved, Xi said.Xi stressed the need to establish a standard, tra

nsparent, open, dynamic and resilient capital market that has sound fundamental institutional arrangements, pr

oper management on market access and exit and tightened full-process supervision on transactions.

  He said that financial services conducive to the development of industr

ial, market, regional and green development systems of a modernized economy shall be provided.

  An all-around and multi-level financial service system including ve

nture capitals, bank loans and bond and stock markets shall be put in place, he said.

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A screenshot of the Weibo account of the Nanchang Fire

A residential building located at Xihu district in Nanchang, Jiangxi province, collapsed on Sunday morning, trapping people under the rubble, according to CCTV.

By 11:00 am, three people, including two adults and one child, were successfully pulled out by the fire department. They suffered minor injuries.

The second and third floor of the three-story building, which is

made of wood and bricks, collapsed. The accident trapped three households.

The search-and-rescue operation is underway.

BEIJING – China will further enhance physical activities in primary and sec

ondary schools and promote students’ interests, said the Ministry of Education Friday.

Provincial-level regions in China have clearly included physics as

a subject scored in senior high school entrance exam, according to the ministry.

Details to evaluate the subject of physics are based on local conditions, it

said, adding swimming is used to assess the score in certain regions.

In 2016, the ministry released a guideline aiming to establish a senior high school ent

rance exam system based on both academic performance and comprehensive quality

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Flight inspections at new Beijing airport complete ddays early

  Beijing’s new international airport finished its flight inspections on Sunday, 19 days ahead of schedule, according to the civil aviation authority.

  At 10:20 am, an aircraft taking off from Beijing Capital Internation

al Airport in the northeastern part of the city landed smoothly on the northern run

way at Beijing Daxing International Airport. The Civil Aviation Administration’s North China Regional Bu

reau called the event a “successful completion” in a news release, referring to its series of flight inspections.

  The inspections, which lasted for 34 days, started on Jan 22 and were suppo

sed last until March 15 to cover the airport’s four runways, six landing systems, lighting facilities and other services.

  Flight inspections, which all airports must undergo before opening, are designed to ensure the airport’s flight pro

cedures and aviation navigational aids will be ready for operation, according to the news release.

  Daxing airport is scheduled to be completed by June 30 and enter commercial operation before Sept 30.

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In their article, the Conservative ministers warned that econom

  national security, and peace in Northern Ireland would be compromised in the case of a no-d

eal Brexit, and added the scenario would risk inflaming the nationalist sentiment in Scotland.

  ”Far from Brexit resulting in a newly independent United Kingdom, stepping boldly into t

he wider world, crashing out on March 29 would see us poorer, less secure and potentially splitting up,” they write.

  Rudd, Clark and Gauke also cautioned members of the European Research Gro

up (ERG), a Parliamentary alliance whose members advocate for a no-deal Brexit and have previously voted do

wn May’s deal, that their lack of cooperation would be responsible for a postponement in the Brexit process.

  ”It is time that many of our Conservative parliamentary colleagues in the ERG recognized that Parliament will stop a disastrous No Deal Brexit on Mar

ch 29. If that happens, they will have no one to blame but themselves for delaying Brexit,” they wrote.

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Diego Godin fires home his side’s second with the aid of a defle

  READ: Liverpool held as fans protest over ‘greedy’ ticket prices

  Ahead of the game, much had been made of Ronaldo’s return to Madrid, the city w

here he spent nine years with Real, winning the Champions League on four occasions.

  His reported $117million move to Juventus last July brought an end to his glorious ti

me in Spain and opened an exciting new chapter with a club desperate to win Europe’s top prize.

  But that chapter may have to wait for a happy ending if this result is anything to go by.

  Atletico, which was deprived of the lead by a contentious refereeing dec

ision following a review by the Video Assistant Referee, will surely be favorite to pr

ogress to the quarterfinal.Alvaro Morata’s thumping header appeared to have given the home side the lead only for

the referee to rule out the effort for a foul after watching a replay on the pitchside screen.

  The decision riled Atletico, though it need not have worried as Gimenez fired home from close range with 12 minutes remaining.

  Godin added a second five minutes later, his shot taking a slight deflection off Ronaldo on its way into the net.

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