Month: March 2019
The government has started formulating matching regulations and rules to support implementation of the Foreign Invest
ment Law, adopted two weeks ago, Li said, adding that supporting regulations will take effect along with the law on Jan 1.
The draft amendment to the patent law has been submitted to China’s top legisl
ators. It sharply increases compensation for infringement to a cost that violators will not be able to afford, he said.
Forced technology transfers are prohibited and violators will receive harsh penalties, Li said. The complaint mecha
nism for foreign-invested companies will be perfected to improve exchanges and coordination between the gover
nment and investors, making it an effective way to protect the legal rights of foreign companies, he said.
China will not resort to massive economic stimulus to boost
growth, but will continue to open up and innovate to energize market players, Li said.
said. “This is not only beneficial to the two countries and their peoples, but also conducive to the entire world.”
The words came as the US Department of Commerce reported that the US trade deficit with China narrowed by 6.4 perce
nt to $34.5 billion in January. US goods exports to China dropped 22.3 percent to $7.1 billion, the lowest since Sep
tember 2010, and Chinese imports dropped 9.6 percent to $41.6 billion, the Commerce Department said.
The trade imbalance has been at the center of monthslong tensions between China and the US. Other iss
ues at the top of the list for their consultations include technology transfers and protection of intellectual property rights.
Gao said guaranteeing that companies can pursue technical cooperation based on voluntary principles and business rules is cond
ucive to creating a fair and competitive business environment and promoting high-quality economic development.
“It is in line with China’s need to further deepen reform and opening up,” he said.
to force foreign companies to transfer their technology,” Gao added, sayi
ng that the country’s Foreign Investment Law bars forced technology transfers.
The newly passed law, approved this month and set to take effect in January, stipulates that China will treat foreign and Chi
nese enterprises equally and protect their intellectual property rights. Under the law, foreign enterprises will recei
ve pre-establishment national treatment, in addition to a negative list system for market access.
A negative list shows areas where investment i
s limited or prohibited for foreign investors, with all other areas presumed to be open.
Gao said the ministry is working with relevant de
partments to conduct research on shortening the negative list for market access.
More than 60 countries will send naval delegations to participate in the 70th anniversary of the founding of the Peo
ple’s Liberation Army Navy in late April, a spokesman for the Ministry of National Defense said on Thursday.
The celebration will showcase the progress of the PLA Navy and its growing capabili
ty in safeguarding China’s overseas interests as well as regional and world peace, an expert said.
The multinational naval event will take place in Qingdao, Shandong province, in late Ap
ril, said ministry spokesman Senior Colonel Wu Qian. April 23 is the 70th anniversary of the PLA Navy’s founding.
The naval event will include high-level dialogues, an international fleet review, military band performances, cultural and sports e
xchanges as well as other activities, Wu said. Some nations will send military ships to participate in the fleet
review, though details are still in the works and will be announced at a later date, he added.
A group of scientists in Gansu province have discovered a fossilized b
ird dating back about 110 million years and the first ever to have an unlaid egg in its abdomen.
The fossil represents a new species, Avimaia schweitzerae, belonging to a group called the Enantiornithes, which was a
bundant around the world and coexisted with dinosaurs in the Cretaceous period.
The well preserved fossil was discovered in the city of Yumen.
Because the specimen was crushed flat, it was only after a small fragment was extracted and analyzed under a micro
scope that the research team at the Chinese Academy of Sciences’ Institute of Vertebrate Paleontology and Pal
eoanthropology realized the unusual tissue was an egg, said Alida Bailleul, the lead author of the article.
bird’s reproductive system was not behaving normally. The eggshell consists of two layers instea
d of one as in normal, healthy bird eggs, indicating the egg was retained too long inside the abdomen, Bailleul said.
This condition occurs in living birds as a result of stress. Unlaid eggs may be coated with a second laye
r, or sometimes more, of shell. This abnormality has also been documented in sauropod dinosaurs, and in fossil and living turtles.
In addition, the eggshell was extremely thin, thinner than a sheet of paper, and did not have the proportions of a healthy egg, Bailleul said.
hina’s civil aviation regulator has temporarily stopped issuing airworthine
ss certificates for Boeing 737 Max 8s because of safety concerns, a move an expert said will bring huge economic losses to Boeing.
Two Boeing 737 MAX 8s have crashed in the last five months. All 157 pa
ssengers and crew members of a 737 MAX 8 operated by Ethiopian Airlines died on Mar 10, includi
ng eight Chinese nationals. In October, the same model of plane, operated by Lion Air, went down over the Java Sea, killing 189.
came to Europe again in his first overseas trip this year, manifesting the great importance China attaches to Europe, Wang said.
In a world of unprecedented transformations, Xi noted that a stable, strategic and reciprocal China-EU relationship is urgently needed.
Wang said during his visit, Xi had in-depth communication with the European leaders to discuss cooperation in internation
al issues and reached important consensus of adhering to multilateralism, and discarding isolationism and unilateral moves.
He also said Xi and the European leaders agreed to enhance coordination and cooperation wit
hin the UN system, give full play to the constructive role of global and regional multilateral mechanisms s
uch as the World Trade Organization, the International Monetary Fund, the World Bank, and Group of 20 and the EU, and
actively contribute to solving international conflicts, combating climate change and promoting sustainable development.
In his keynote speech at the global governance forum, Xi raised “four deficits” in global affairs including governance deficit, tru
st deficit, peace deficit and development deficit. To address these deficits, he proposed a four-pronged approach of fairness and reas
onableness, consultation and understanding, joint efforts and mutual assistance and mutual benefit and win-win results.
inated and inter-connected, and fair and inclusive approach and forge a growth
model of vitality, a cooperation model of openness and win-win results, and a developm
ent model of balance and common benefits, so that people from across the world could share the benefits of economic globalization, Xi said.
This year marks the 70th anniversary of the founding of the People’s Republic of China, Wang said.
During his visit, Xi, based on China’s just-concluded Two Sessions earlier this month, illu
strated to the European leaders the fine performances of the Chinese economy which had overcome multiple challenges in 2018.
Wang said Xi also introduced the newly-adopted foreign investment law, emphasizi
ng that it is necessary to use legal means to better protect intellectual property rights and attract foreign investment.
Xi pointed out that China will continue to push forward all-round reform and opening-up, promote trade and investment
liberalization and facilitation, so that European friends can better share China’s development opportunities.
percent encountered illegal or bad information, the report said. And 69.1 percent
know how to protect their rights and interests through the internet and report infringements.
According to the report, 91.9 percent learn relative legal knowledge through offline means, and 72.3 percent learn legal knowledge through the internet.
The report suggests that the regulations on protecting minor netizens should be legislated as soon
as possible. Authorities should enhance content supervision and industry management, regulating ente
rprises to shoulder social responsibly, promote education on the internet among minors and crack down on infringement.
Chinese e-commerce giant JD is starting to cultivate key opinion leaders (KOLs) to build u
p its strength in the field of e-commerce, according to a report by technology media 36kr.
At its JD Shopping Circle, a mini program for WeChat providing a platform for users to post reviews on products and share experiences, JD la
unched a “Super Partner Program”, aiming to incubate online celebrities in the e-commerce sector to take a share of the fan economy.
Zhang Ying, 32, a white-collar worker in Beijing, is a jewelry lover. She prefers watching lives