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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 上海千花坊ere we must guarante

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

f上海千花坊acturing 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.上海千花坊

Since World War II, globalization came in two stages. From 1945 to roughly 1975, the United States, Western Europe, and Japan上海千花坊品茶微信

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上海千花坊

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.上海千花坊品茶微信

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.上海千花坊品茶微信

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上海千花坊品茶微信

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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Last year, Moutai achieved whole-year sales revenu

ue of 75 billion yuan, up 23 percent year-on-year. Its net profit totaled 34 billion yuan, jumping 25 percent over the previous year, its earnings report said.

上海千花网This year, Moutai aims to achieve sales revenue of 100 billion yuan, growing 14 p

ercent year-on-year, and reaching a net profit of 45 billion yuan. The company said it is strong and confident enough to drive further growth.

上海千花网”The stock market now shows a prominent problem of polarization. Leading

上海千花网上海品茶white-horse stocks have seen continued steady growth. The climbing share price of Mout

ai definitely gave a boost to many white-horse stocks, with the prices of several stocks reaching their new high, while some ot上海千花网

her themed stocks are being marginalized,” said Yang Delong, chief economist at the Shenzhen-based First Seafront Fund.

Market demand for liquor products will likely remain strong, and major spirit makers a

上海千花网上海品茶re expected to witness more steady and structural growth and continue to remain competitive, Zhongtai Securities said in its report.

As the sun sets and the temperatures begin to cool, the evening heats up as night markets start to boom, especially during holidays and festivals.上海千花网上海品茶

The nighttime economy means people can dine, shop and enjoy entertainment at night.上海千花网

Some cities including Beijing, Shanghai, and Jinan have published policies to support and promote the nighttime economy.

China’s electric car startup NIO recalled 4,803 ES8 vehicles, about one-third of the company’s first batch for delivery, Beijing Youth Daily reported on Friday.

The company also promised to compensate all property losses caused by accidents due to battery quality上海千花网上海品茶 according to law, the report said.

Starting from June 27, the company recalled the 4,803 ES8 electric vehicles with power battery packs manufactured between April 2, 2018, and Oct 19, 2018, a上海千花网上海品茶ccording to a notice from the State Administration for Market Regulation.

The power battery pack used in the vehicle within this recall range is equipped with a module of the specification model NEV-P50, which has the voltage sampling harness in an improper position, where it could cause a fire.

In 2018 the trade volume for food service at night increased 47 percent year-on-year,上海千花网上海品茶

which is 2 percentage points faster than the growth rate for food consumption during the day, accordin

g to statistics jointly issued by the China Tourism Academy and online consumption service provider Meituan Dianping.

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Earlier, the Kenyan gove上海会所品茶微信d revealed that th

medical personnel 上海会所品茶微信who were sent to Sierra Leone and Liberia in 2015 will man points of entry to detect Ebola

cases. The team that returned in June last year was part of the African Union mission in Ebola in West Africa.

Contingency plans

Contingency plans had long been put in place in Uganda for possible imported Ebola cases, according to WHO. The gov

ernment has vaccinated about 4,700 health workers in 165 health facilities, including the one where the dead boy was treated.

“This is a sobering development that everyone has been working to avoi

d and highlights the complexity of the Ebola outbreak in the Democratic Republic of the

Congo,” Robert Redfield, director of the country’s Center for Disease Control and Prevention, said in a statement.

Redfield had issued a warning, a week ago, that the outbreak in the DR Congo could spread outside the country. He ad

ded that there was a risk of the current supply of vaccines running out before more is produced.

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arks the 70th anniversary of the establishment of China-Russi

Yunnan student on Friday was allowed 30 percent extra time in the natio

nal college entrance exam, or gaokao, due to her physical disability, local media has reported.

This is the first reported case of such an allowance in the province.

Xu Ruiyang, who lives with spinal muscular atrophy, is confined to a wheelchair and writes slower than other students.

Authorities approved extra time for her, in a bid to let her operate on the same level as her classmates.

Premier Li says a ‘special difference’ can spur market vitality and jobs

China will issue more measures to further implement the country’s innov

ation-driven development strategy and incentivize business startups and innovation nationwide, the State

Council’s executive meeting chaired by Premier Li Keqiang decided on Wednesday.

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While many people doubt whether Mo could top the s

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.

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“It’s quite unusual for FedEx to reroute all four par

cels by mistake. If they did, they will be held responsible for contract infringement,” sai

d Yin Shaocheng, an associate professor of law at Capital University of Economics and Business.

Huawei was among the Chinese tech companies recently entered on

to the US’ Entity List which bans US companies from selling components and software to them.

Vice-Minister of Commerce Wang Shouwen said there is no need to over-interpret the cas

e, since “foreign companies will be investigated when possible violations occur in accordance with Ch

inese laws”. Wang said China always protects the legitimate interests of foreign investors.

The strength of China’s economy is propelling its cities toward

s greater prominence on the global stage, a report has shown.

China is gaining ground on both Europe and North America as its impro

vement in performance and potential outpace those of Western cities, accordin

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Good trade ties vital at state level in US trade relatio

US states continue to value trade relations with China, despite ongoing tensions at the i

nternational level, and they hope tensions will be resolved through negotiations.

“I’m very optimistic on the China-US trade relationship,” Cyrus Habib, lieutenant governor of Washington, said in an inter

view with China Daily as he was attending the Fifth China-US Governors Forum in Lexington, Kentucky, last week.

China is the state of Washington’s top trading partner, with more than 20 percent of the state’s expor

ts going to China, and around 30 percent of its imports came from China in 2018, according to the US Census Bureau.

“It’s truly something that touches every part of our state,” said Habib. “And that went from the i

nformation communication technology sector and manufacturing sector all the way to the agricultural industry and tourism.”

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ommerce ministry to protect Chinese companies’ interests

hina is drafting a list of foreign parties considered “unreliable enti

ties” that harm the interests of Chinese companies, said the Ministry of Commerce on Friday.

Detailed measures of the plan are to be disclosed at a later date.

The list will target companies, people and organizations that fail to abide by market rules, violate th

e spirit of contract, block Chinese companies for non-commercial reasons, and severely violate Chinese co

mpanies’ legitimate rights, said Gao Feng, the ministry’s spokesman, in a media briefing on Friday.

“Due to the increasing uncertainties in the global economy, including

the rising trade protectionism and unilateralism, the multilateral trading system is facing s

evere challenges and regular international commercial activities have been disrupted,” Gao said.

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The 5G tech will not only improve the way people liv

 live and work, but also accelerate China’s social digital transformation as well as build key competence amid the uphill battle in the global industry,” Huang said.

“There are huge investment opportunities for 5G industries, including materials, chips,

main equipment suppliers, base stations, antenna, cloud computing, internet of vehicles and the internet of things,” Hu

ang said. “5G will bring historic opportunities for China’s economic and social development.”

A new 5G research institute has also been established in Yizhuang, Beijing on Wednesday.

According to a new report by Global System for Mobile Communications Associ

ation, China is set to become the largest 5G market in the globe, with 460 million 5G users by 2025.

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