sing monitor report on flooding in Iran via Fengyun. The analysis estimated the coverage and
terrain characteristics of the flooded area, which greatly assisted the country’s evacuation efforts.
China has launched 17 Fengyun series meteorological satellites, of which seven are currently operational.
The World Meteorological Organization has included China’s Fengyun se
ries of meteorological satellites as a major element of its global Earth observation system.
ountries should work together for a better future in today’s world that is globaliz
ed and multipolar, Javier Solana, former secretary-general of NATO, said in an interview with China Daily.
erprises in China. Last year, intellectual property authorities punished violators in more
than 6,000 cases of infringing on rights of trademark registrants from overseas, with a t
otal value of 151 million yuan ($22 million), an increase of 50.1 percent over the previous year, the report said.
An agreement to support young scholars’ research into the Silk Road was signed between China and UNESCO during a ses
sion of the Conference on Dialogue of Asian Civilizations in Beijing on Wednesday.
Under the agreement, an international academic program will be launched with funding of $1 mill
ion from the Chinese government to scholars under 35 years of age from around the world.
Hosted by the Ministry of Education and UNESCO, the session – entitled “Safeguardin
g the Diversity of Asian Civilizations” – focused on cultural interactions among Asian people and disc
ussed challenges in terms of revitalizing the multiple cultures of Asian countries and regions.
akes less than $9 from each iPhone. The total price of a phone is ridiculously counted as a Chinese export to the US.
It’s a good thing that China is no longer a low-wage country. Most Chinese are much better off than they were even 10 ye
ars ago. But it does mean that these low-skilled, labor-intensive industries will be moving to less-developed nations. US t
ariffs on such products will only serve to hasten the transition to higher value-added industries that China has to make anyway.
Roughly 20 years ago, when China’s admission to the World Trade Organiz
ation was being negotiated, China’s economy was tiny as a portion of world GDP. It was clearly a poor, less-deve
loped country that, except in a few areas, was not able to compete with Western companies in high-value-added products.
As Alexander Hamilton, the first US Treasury secretary, argued, a dev
eloping country may need to protect its “infant industries” from already established foreign
le growth of the economy, he said, adding that the positive factors for economic growth are increasing.
Noting that the uncertainties in the global economic environment are also rising and there remai
n downward pressures on the domestic economy, Li called for both attention and confidence from the entrepreneurs.
Related departments should follow the guidance of Xi Jinping Though
t on Socialism with Chinese Characteristics for a New Era, invigorate the market thro
ugh deepening reform and opening-up and ensure the stable growth of the economy, Li said.
He said that tax reduction is the key to improving the business environm
ent and invigorating the market, which will not only stabilize growth and employment bu
t also encourage companies to invest more in innovation for long-term development.
sustained sense of security, Xi said.Beijing blasts US Congress for Taiwan defense bill
Xi called for reforms in public security work and said big data should be used as a major engine to promote innovation in the sector. More
measures for higher-quality services should be implemented to give the public a substantial sense of fulfillment, he added.
While demanding that high discipline be exercised within the public security forc
es, Xi said there will be zero tolerance for violations of laws and Party discipline.
He also urged Party committees at all levels to suppo
Beijing resolutely opposes the United States House of Representatives for passing a bill on Tues
day to bolster Taiwan’s defense capability, calling it “boorish interference” in China’s domestic affairs.
Foreign Ministry spokesman Geng Shuang made the comment on Wedn
esday after the House voted to pass a nonbinding resolution reaffirming the US commitment to Taiwan. It also backed the
so-called Taiwan Assurance Act of 2019, which supports Taiwan increasing its defense spending.
rt public security staff in exercising power and fulfilling their responsibilities in accordance with the law.
between long-term structural factors and actual economic performance, it is also unclear how long those factors would take to constrain GDP growth to a part
cular level. In fact, 20 years ago, the same long-term factors were used to warn of a possible fall in Chinese GDP growth.
Because of the complexity of China’s growth trajectory, many economists seem to base their assessments of potenti
al on performance. After every drop in China’s GDP growth since the second quarter of 2012－when growth fell be
low 8 percent－economists have emerged to declare that performance was in line with potential.
Difficult to determine potential growth rate
To be sure, there are various estimates of China’s potential growth rate, ranging from 5 perc
ent to 8 percent. But it is difficult to determine which is reliable. For one thing, there is reason to believe that
most estimates fail to discount cyclical factors adequately when calculating the long-term trend.
the 22nd film of Marvel Cinematic Universe, has made more than $2 billion globally wit
h over $576 million, nearly a third of the total, being contributed by the Chinese market.
The percentage of Hollywood films contributing to China’s box office has witnessed a gradual decline in recent years
thanks to the rise of successful Chinese films including The Wandering Earth and Dying to Survive.
Due to its explosive growth in third-and fourth-tier cities, the Chinese movie market is certainly poised to become the larg
est in the world in the not too distant future. Last year, China’s total box office exceeded 60 billion yuan ($8.9 billion), gra
dually closing the gap with the United States whose box office was about $11.6 billion. China has become such a form
idable force in the global film industry that international film producers cannot afford to overlook it.
reality, artificial intelligence, virtual reality and human-computer interaction-scenes are create
d based on ancient Chinese classics, such as the Classic of Mountains and Seas, in which mythical an
imals appear in forests, lightning flashes, thunder rumbles, wind blows and rain pours.
Visitors can experience primeval nature in a part of the exhibition developed by the Beijing World Horticultural Expo Co
ordination Bureau and the Chinese Academy of Sciences’ Institute of Automation.
In addition, visitors can experience what it’s like to ride in an autonomous vehicle. Three driv
erless vehicles developed by Baidu-two with eight seats and one with four seats-offer rides in the park.
The international community has hailed President Xi Jinping’s call on Friday to ease market
access for foreign capital and increase imports so that opening-up reaches a higher level.
Xi said in his keynote speech at the opening ceremony of the S
econd Belt and Road Forum for International Cooperation in Beijing that the purpose of buil
ding the Belt and Road is to achieve win-win cooperation and common development.
China will increase its imports of goods and services and will further lower its tariff rates, Xi said.
Francis Chua, chairman emeritus of the Philippine Chamber of Commer
ce and Industry, noted Xi’s emphasis on quality imports and state-of-the-art products.
“China will keep its commitments,” said Chua, who was attending the forum as a member of the Philippine business delegation.
in Escondido. Their conditions have not been disclosed so far.