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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.
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.
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.
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.
success of winning the Nobel Prize in Literature in 2012, Zhang Qinghua, professor at Beijing Normal University, believes that Mo’s way of dealing with this h
as been to make a return to his hometown, a village in Gaomi, Shandong province, both in reality and spiritually.
Mo didn’t publish any new work in the five years following the award, when in 2017 he
released several short stories, poems and theater works, mainly reminiscing about his hometown.
Unlike Mo’s former novels, Peking University professor Chen Xiaoming notes th
at his new works are more reserved, realistic stylistically and employ more simple language. Literary cri
tic Li Jingze is impressed that Mo has remained acutely sensitive to the realities of urban and rural life.
FTSE Russell, a leading global multi-asset index, data and analytics provider, said Satur
day that it will add Chinese A shares to its widely-tracked global benchmarks next month.
The addition will be officially effective after the close of share markets on June 24.
According to the plan of FTSE Russell, this move marks the first stage of incorporatin
g Chinese shares into its indexes. In this stage, 1,097 Chinese stocks, or 20 percent of A shares, will be bro
ught into the indexes, drawing an expected $10 billion from passive investors.
FTSE Russell will add 40 percent of A shares to its indexes in September, and another 40 percent in March next year.