Month: May 2019

In April last year, China announced the decision to supp

port Hainan in developing the whole island into a pilot free trade zone, the 12th and the largest in the country, to gradually explore and steadily promote the establishment of a free trade port with Chinese characteristics. The Haikou Jiangdong New District covers 298 square kilometers o n the east coast of Haikou, and will […]

video of Liu competing in an international English spee

ech competition in 1996 in London was sent around Chinese social media, the US website qz.com reported. “While the Western world views Liu as an unapologetic champion of China’s agenda, many mai nland citizens regard her as a national heroine defending her country from hostile foreign influences,” Newsweek reported. On Monday, Regan tweeted: “I look […]

He said it does no one any favors to delink over poss

ssible national security concerns. Fair engagement across technologies is a better way to secure national security than delinking. “The cost of decoupling will be very high for both economies,” he said. “Engage ment in a fair competition with common rules is a far better outcome than decoupling.” If there has to be some “decoupling” due […]

Besides electrified vehicles, Volkswagen and JAC have

also partnered with local authorities in Hefei to test autonomous driving technologies, including robotaxis and autonomous fleet management, and on-de mand mobility services, like ride hailing and car sharing, but none of the parties revealed the details. Kong Xuanyou, vice-foreign minister and special representative of the Chinese government on Korean Peninsula affairs, will take up […]

The meeting required Shanxi province, a coal-abundan

t area in North China, to conduct pilot reforms in its energy industry and take the lead in the whole country in areas suc h as promoting clean and low-carbon energy use and enhancing innovation in energy technologies, it said. Efforts should be stepped up to build a higher-level, higher-quality food s ecurity system that […]

Under the trade pressure, the world’s second-largest ec

conomy is accelerating restructuring reform and shifting from an export-dominated growth model to a more services-driven model, they added. “The United States escalated trade tensions, but it cannot solve any pro blem. This causes volatility and sluggishness in global financial markets and hurts the global ec onomy,” said Guo Shuqing, the People’s Bank of China’s […]

To eliminate bad outcomes from trade tensions, further op

pening-up in China’s services sector, together with high-tech development supported by artificial intelligence, will help lift Chinese economic growth from 6.3 percent to around 7 percent by 2035, said Zhu Min, a former deputy managing director at the IMF. “Market-oriented reform and opening-up will improve productivity in the service sector, whi ch is an important […]