Wilderness world heritage area

The Ministry of Finance confirmed on Tuesday that the World Bank has approved a five-year funding plan for China to support the multilateral lender's engagement in the country's structural and environmental reforms. The World Bank will lend China $1 billion to $1.5 billion through the International Bank for Reconstruction and Development annually from 2020 to 2025. The International Finance Corporation (IFC) will maintain its financing of $80 million to $1.2 billion annually during the same period, according to a statement on the ministry's website. "China is still a developing country. Its development needs World Bank support, and the Bank's development also needs China's contribution," the Ministry of Finance said on Tuesday. After 40 years' cooperation between the Chinese government and the World Bank, especially in areas of loans and knowledge sharing, the two sides have maintained a mutually beneficial relationship, it said. In the future, China is willing to continually … [Read more...] about Ministry confirms World Bank’s five-year lending plan for China

Aero India 2019: Two Rafale fighter planes of the French Air Force on Wednesday landed in Bengaluru for one of the world’s top aerospace exhibitions – Aero India 2019. As per reports, top Indian Air Force (IAF) officers including IAF Deputy Chief Air Marshal Vivek Chaudhari will fly the plane during Aero India show. Makers of these world-class fighter jets Dassault Aviation would also display the business jet, Falcon 2000s and other French aircrafts such as Airbus A33-900, Airbus C295 and Airbus H135 along with H145 helicopters. The five-day airspace show will kick start on February 20 and will commence on February 24. The centrepiece of the flying displays will be the A330neo - the latest addition to the leading Airbus widebody family featuring advanced materials, new optimized wings, composite shark lets and highly efficient engines that together deliver 25 per cent reduced fuel burn and carbon dioxide emissions, news agency PTI quoted an Airbus official statement. The … [Read more...] about Aero India 2019: 2 Rafale jets land in Bengaluru; Airbus, Dakota, other heritage planes to rule the sky

Video PlayerClose by Xinhua writers Hu Tao, Qi Zhongxi BEIJING, Jan. 20 (Xinhua) -- China Saturday announced the opening of a global bidding process to create a dinosaur theme park at the site of a world-class dinosaur fossil cluster in Yunyang County, southwest China's Chongqing Municipality. "The world-class natural resources should be matched with world-leading vision and wisdom. The invitation for global bids aims to attract a team of the top planners and paleontologists from around the world," said Qin Changde, head of Yunyang County. The county wants to build a dinosaur theme park that focuses on environmental protection, recreating the landscape of the Jurassic period, and promoting scientific research of the fossils. "The theme park is expected to be designed and developed to offer a fantastic journey into the world of the dinosaurs based on the rare fossil clusters combined with the best modern resources," said Qin. The bidding process has been listed on the website … [Read more...] about China invites global bids to develop world-class dinosaur theme park

Video PlayerClose SHANGHAI, Nov. 17 (Xinhua) -- China is slated to become world's largest theme park market by 2020, when the number of tourists is expected to exceed 230 million, according to a fresh report by U.S. engineering firm AECOM. The number of tourists to Chinese theme parks have seen an average annual growth of 13 percent in the past decade, and reached 190 million in 2017. The number is expected to keep the double digit growth in the following years, according to the report. The report attributes the rapid growth to Chinese consumers' rising income that sparks greater demands on leisure activities, as well as more convenient public transportation systems. Despite the large number of total attendance, the report also finds that China has a markedly lower per-capita attendance compared with developed economics. "These findings demonstrate a significant opportunity for future growth in the Chinese market," said Chris Yoshii, vice president for Asia and global director for … [Read more...] about China to become world’s largest theme park market by 2020: report

Under current laws, 55 per cent of content that appears on free-to-air broadcasters has to be Australian. Much of the quota is now met with reality television and game or panel shows, which is much cheaper to produce and less risky than funding new scripted drama or comedy. The reforms will be looked at early next year, and will involve determining the impact they currently have on free-to-air broadcasters and whether they should be expanded to cover streaming video on demand services as well. Minister for Communications Paul Fletcher (centre) talks to media along side Prime Minister Scott Morrison (left) and Treasurer Josh Frydenberg (right) at a press conference in Melbourne this morning (Photo by Daniel Pockett/Getty Images).Source:Getty Images The proposed change is one of several the government has announced in response to the Australian Competition and Consumer Commission’s (ACCC) report published in July. Others include establishing a dedicated special unit inside the … [Read more...] about Federal Government could lead the world in regulating big tech companies like Facebook, Google