His observations des上海千花坊 audience, especiall

ally those whole-heartedly trumpeting an all-round trade war.

But as Paulson also pointed out, what is at stake goes far above and beyond a trade war.

上海千花坊Which is why, despite their continuing differences, Beijing and Washington should work together to make the upcoming Xi-Trump meeting a success.

Economic disputes will not come in the way of China’s reform and opening-up efforts to attract investment

Over the past year, the US government has unilaterally provoked and escalated economic and trade friction with China, with negative impacts on bilateral economic, trade ties and global economic development.上海千花坊

During this rare dispute, voices from home and abroad have made a lot of statements, making the cause and the facts clearer. China-US economic and trade friction in上海千花坊

volves a lot of issues, which need further clarification. The Chinese believe in truth and are not afraid of the clarifications.

• Is the Sino-US trade relationship a zero-sum game?上海千花坊女神会所

Some people in the US stirred up economic and trade friction with China with a solitary reason in mind – loss of profit to US firms and excessive gains for Chinese firms in bilateral

上海千花坊trade, making the issue a threat to Washington’s economic and even national security. This view, which is full of Cold War bias, reflects the hegemony and zero-sum ga

me thinking. Is Sino-US economic and trade relation a zero-sum or win-win game? The answer is clearly both in theory and in practice.

In international economic cooperation, trade relations are based on mutually beneficial exchanges, rather than a zero-sum game in which one side benefits and the o

t上海千花坊女神会所her loses. International trade can lead to optimized allocation of global resources, the common development of all economies involved and the common pr

ogress of human society. The history of international trade and the trade between China and the US have proved that such a practice is effective, and such p

ractical experience has long been the basic principle of international economic study. Since the establishment of diplomatic relations between the two co上海千花坊女神会所

untries, bilateral trade in goods increased 252-fold, from less than $2.5 billion to $633.5 billion between 1979 and 2018.

In the past four decades, two-way investment has grown from almost zero to over $160 bil

lion, making the two countries a vital investment partner for each other. The history of Sino-US ec

onomic and trade relations proves that both countries have benefited in industrial development and optimization. The trade relations have cre

ated a situation in which both parties won rather than one in which China progressed and the US lost out.

• Is US’ insistence on “fair trade “really fair?

Some people in the United States accuse China of adopting unfair and unequal trade policies that

have caused the US trade deficit with China. They tried to grab fair trade as a way to keep the moral high

ground in public opinion. However, what is “fair trade”? Fairness is a matter of history. In international trade, due to the difference in the stages of developm

ent, specific conditions and interests from different countries, in order to make trade happen smoothly, the

international community has formed trade rules through negotiations on an equal footing.

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We value the Chinese market,where we must guarante

tee steady business growth. In the future, we will increase investment in AI applications in the finance and manu

facturing sector, enhance our AI technology, such as machine learning, natural language processing and deep learning, consolidate customer rela

tionships, as well as cultivate the new generation of AI talent for China,” He from SAS China said.

Since World War II, globalization came in two stages. From 1945 to roughly 1975, the United States, Western Europe, and Japan

achieved steady economic growth, with the benefits of that growth spread widely throughout the population. In F

rance, this period is called “30 glorious years” and in Germany it is known as the “economic miracle”.

The second stage of globalization started in the late 1970s and has continued until today with a process of reform and open

ing-up not only in China but in countries of the former Soviet Union and in India.

This has been great for the world. China alone has lifted more than 850 million peopl

e out of dire poverty. But it has also increased competition faced by workers and companies.

The partial globalization of 1945-1975 worked great for average workers in the West. For much of this period, a young perso

n could get a high-paying and apparently secure job in a factory that would allow him to live a middle-income lifestyle.

It’s very hard to believe now, but in 1980, the US city with the highest average wage was Flint, Michigan, followed closely by Detroi

t. Other leading cities in terms of wages were Chicago, Houston, Milwaukee, Youngstown and Cleveland – all

of which were centers of industry and manufacturing. At that time, San Jose, the center of then quite small Silicon V

alley was fourth, San Francisco sixth, and capital Washington was eighth. New York City did not make the top 10.

Many people in the US and Western Europe look back nostalgically on those 30 years aft

er WWII when artificial limits on global competition protected extremely high-paying manufacturing jo

bs. It is very sad to see only empty, rusting factories where thousands of people used to work.

It’s tempting to use tariffs or other protectionist measures to try to

retain the companies that provide these high-paying manufacturing jobs. But, most o

ften the protections just lead to unproductive companies, declining innovation, and slowing GDP growth.

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As Kong understands, there are plenty of opportunitie

 for insurance companies in the integrated development of the Yangtze River Delta region, with transportation as a top priority.

上海夜网女神会所”Insurance capital can help the government to boost domestic consumption. A co

mprehensive transportation network connecting railway, subway, ports and even airports has上海夜网

been a longstanding goal of many cities in this area. This is where insurers can play a big role,” he said.

Elderly care is another sector where insurance companies can find big opportunities, said Ko

ng. In early June, CPIC opened an elderly care community in Hangzhou, and is about to launch a new one in Nanjing.上海夜网女神会所

“The idea is to let the senior citizens in Shanghai enjoy quality elderly care services in other parts of the Yangtze River Delta region. Mor

e room in Shanghai can thus be given to ambitious young entrepreneurs to set up their own businesses,” he said.

The integration of risk prevention schemes for peasants in the Y

angtze River Delta region is one more area where insurers can focus on, said Kong.上海夜网

Peasants’ income can be largely increased via products such

as cost insurance, yield insurance, income insurance or one-stop insurance service.

He Haifeng, director of the Institute of Financial Policy, which is a part of the Chinese Academy of Social Sciences, said the int上海夜网女神会所

egrated development of the delta region presents many latent challenges. So, more efforts should be made to r

eform finance and tax areas, to reduce fees in various fields, and improve the overall business environment.

Work on a new film based on a script by novelist Liu Cixin, the first Asian ever to win a global sci-fi literature’s top honor Hugo Award, has just begun.上海夜网女神会所

The movie called Mo Ri Zheng Jiu (The Rescue on the Last Day) will star award-winning Hong Kong actor Nick Cheung Ka-f

ai and veteran actor Hu Jun, best known for the first Sino-Kazakh coproduction The Composer.

Director Shen Yue says that Liu wrote the script before he started to write The Three-Bod

y Problem, which won the Hugo Award for Best Novel in August 2015. The book was first published in 2006.

Zhu Jin, the curator of Beijing Planetarium, will be the film’s chief science consultant.

www.shlf21.com

In a message posted o上海会所品茶微信ite, Japanese Pr

 Prime Minister 上海会所品茶微信Shinzo Abe said Japan is determined to lead global economic growth at the Osaka summit

by promoting free trade and innovation, achieving both economic growth and the reduction of disparities, and c

ontributing to the development agenda and other global issues with the UN’s Sustainable Development Goals at its core.

He said Japan will lead discussions on the supply of global commons such as quality infrastructur

e and healthcare for realizing economic growth around the world, adding that ways to resolve issues suc

h as climate change and the amount of plastic waste in oceans will also be discussed.

Wise investmentsThe summit is also expected to address the digital economy and issues that arise from an aging society.

Nicholas Stern, chairman of the Grantham Research Institute on Climate Change an

d the Environment at the London School of Economics, said the most important issue for G

www.changjiangjiaoxiang.cn

China will channel 上海会所品茶微信s from the Belt and

d Road Initiati上海会所品茶微信ve to Africa, he said, adding that both partners should respect market pri

nciples and ensure economic and social benefits to improve the continent’s capacity for sustainable development.

Wang said more than 880 cooperation projects will be carried out in the next three years.

In a news conference on Tuesday afternoon, Vice-Minister of Com

merce Qian Keming said that in their next step, China and Africa will carry out capacity-buil

ding cooperation and promote infrastructure, trade and investment cooperation. China will increase imports fro

m Africa to ensure the continent shares in the huge Chinese market, he added.

Ugandan President Yoweri Museveni said the eight major initiatives have helped address the de

velopment challenges facing African countries and will help guide their cooperation in the right direction.

9319144org.cn

About 57 percent of the respondents said they hop

 that instead of imposing ideas on their children, parents should learn more about what their ch

ildren want, according to the survey, which covered 1,953 unmarried young people.

According to Ling Zi, a marriage consultant, it does more harm than good for parents to be overly involved in children’s ma

rriages. “It shows the distrust of the parents, and transfers their anxiety to their children,” said Ling.

It has become common in China for pushy parents to look for spouses for their children who are too busy or slow in finding love, the paper said.

s the race to replace Theresa May as Conservative Party leader and British prime minister reach

es the final two candidates, China Daily looks at the candidates: Boris Johnson and Jeremy Hunt.

Johnson has long been one of the loudest voices supporting Brexit, a

nd had the backing of Donald Trump. Hunt is a converted Remain supporter.

After Conservative MPs narrowed 10 candidates down to the final tw

o, it is now up to party members nationwide to choose the next occupant of 10 Downing Street.

www.vnynui.cn

Students in tent class上海楼凤品茶微信al Primary Schoo

First day back, 上海楼凤品茶微信teachers emphasize lessons showing gratitude for help

Only days after an earthquake struck, 12-year-old Hu Yibing got up 6 am excited about going back to

school in a makeshift classroom in Shuanghe town of Changning, Sichuan province.

“My school was damaged in the earthquake and we were told on Thursd

ay to attend a tent classroom that opened today,” said the boy, a sixth grader from Shuanghe Central Primary School.

With its epicenter in Shuanghe, the earthquake struck at 10:55 pm on Monday, killing 13 people and injuring 226. Estimated direct economic losses have

reached 8.89 billion yuan ($1.29 billion), according to the latest number from the Yibin city government.

Like Hu, many students have had classes suspended after the quake. By Thur

sday, over 11,000 students had resumed the classes, while more than 33,000 students in

the counties of Gongxian and Changning, the areas hit most severely by the quake, were still waiting.

www.ashchc.com

Analysts attending the symposium said more efforts ar

 needed to tight上海会所品茶微信en export controls and establish a review mechanism that keeps track of whole processes of rare earth exports.

China, the world’s largest producer of rare earths, currently produces around 80 percent of the world’s supply of the metals.

The NDRC said in late May that China is willing to continue supplying rare

earth metals to global markets, but is opposed to those who use products made with Chi

nese rare earths to “suppress and dampen China’s development”.The 19th National Congress of the Communist Party

of China in October 2017 advocated that China would be developed into a modern socialist country that is prosp

erous, strong, culturally advanced, harmonious and beautiful by the middle of this century. But some in the United States c

onsider China’s resolve to develop itself into a prosperous and strong country as a matter of concern.

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Another crucial step is to encourage more talent to sta

 in 上海千花坊女神会所the region, and local authorities must create an enabling environment for starting and doing business in the Northeast, he said.

The three provinces in the Northeast-Liaoning, Jilin and Heilongjiang-saw GDP growt

h of 5.7, 4.5 and 4.7 percent last year, which is below the national average of 6.6 percent.

Meanwhile, the three provinces have also seen a continuous outflow of working-age citizens. In Liaoning, the number of peo

ple aged between 16 and 59 was down by 492,000 last year, according to the Liaoning Bureau of Statistics.he United Sta

tes’ trade deficit with China is not a matter of simple, objective truth. It has been brought on by actions of the US i

tself — a combination of export controls, market restrictions, competition, trade policies, currency dominance and other f

actors — officials and experts said in response to a report from the Ministry of Commerce on Thursday.

www.changhaisheng.cn

With all expressway lanes capable of offering ETC servic

vice by October, an increase in the number of China’s ETC users will make the 90 percent passage via ETC

a reality by year-end, the action plan said.

Starting from July 1, 2019, the country will strictly implement the poli

cy of granting a discount of no less than 5 percent off expressway tolls for ETC use

rs. By the end of the year, the number of ETC users is expected to top 180 million, the action plan said.

The plan calls for increased investment in building the ETC infrast

ucture to increase the proportion of ETC lanes, which should be no less than 70 percent by

the end of October for big and medium-sized cities, new towns and sites near scenic spots.

Given that some vehicles may not have installed ETC devices by yea

r-end, expressways will still offer some manned lanes, accepting mobile payment.

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