rcing to countries other than China under the tariff specter, the FDRA said there had been com panies moving away, but “footwear is a very capital-intensive industry, with years of planning required to m ake sourcing decisions, and companies cannot simply move factories to adjust to these changes”. Douglas H. Paal, vice-president of the Asia Program at the Carnegie Endowme nt for International Peace, said the footwear industry’s complaints are justifiable, albeit a little late. “Since their issues do not involve critical technologies, the re might be room for the administration to offer a degree of relief,” Paal told China Daily. www.goldenwing.orgRead More →

The app and database will help us gather more precise and well-rounded data on the population, distribution, ages, gender ratio, birth and deaths of wild pandas, who live in deep mountains and are hard to track,” said Chen Peng, a researcher with the base who co-authored a paper on “Giant Panda Face Recognition Using Small Database.” “It will definitely help us improve efficiency and effectiveness in conservation and management of the animals,” Chen said. China has carried out four scientific field research project of giant pandas in the wild. The giant panda was scientifically discovered 150 years ago and na med in the city ofRead More →

growth targets, based on excessively low estimates of potential growth, lead to lower actual growth. Fo r an economy the size of China’s, a difference of even 1 percentage point has a huge impact on welfare. Many economists would counter that a conservative growth target is useful-or even necessary-to create space for struct ural adjustment. But this claim is unconvincing. Reducing China’s excessive reliance on investment in real es tate-one of the economy’s most serious structural problems-does not necessarily require a reduction in FAI gro wth, let alone GDP growth. Nor is slower GDP growth a prerequisite for improving financial stability. China must pursue asRead More →

th rate of more than 9 percent three years in a row, the Chinese film market is extreme ly open and inclusive with outstanding movies from around the world, fine works of Hollyw ood in particular, being screened in China even before they are shown in other countries. This shows China’s decision to open up its film market in the trough in 1995 was absolutely right. Since then the quota for Hollywo od movies has been significantly raised from the initial 10 films a year. The opening up of the Chinese movie ma rket proves that the more open and inclusive a film market is,Read More →

 identify unwarranted certification items for abolition and list all certification items deemed ne cessary. At the same time, work to establish a pre-commitment qualification system will be intensified. “The reform of the qualification system is part and parcel of our efforts to build a credit-based society. Without a fully fledg ed credit-based society, our business environment will not see significant improvements,” Li said. It was decided at the meeting that the practice of pre-commitment of qualification will be piloted in 13 pro vinces and municipalities, including Tianjin, Liaoning, Shanghai, Guangdong, Sichuan and Shaanxi, and in five mi nistries-the Ministry of Public Security, the Ministry ofRead More →

way to more than a decade of export-led double-digit economic grow th, and the ongoing shift from export-led quantitative economic growth to inno vation-led qualitative development, which has accelerated under President Xi Jinping’s leadership. China’s industrialization peaked between the late 1990s and 2008, when the global financial crisis broke out. Now China’s rate of growth is decelerating, which has been the norm for all industrialized countries from Great Britain in the 19th century to the US in the 20th century. In China, deceleration is a sign that rebalancing toward consumption and innovation by 2030 is on track. Nevertheless, the living standard in China continues toRead More →

cult to legally protect in the past, causing “huge trouble for American tech nology companies in protecting core and critical technologies” that they could not patent. The latest amendments to the Anti-Unfair Competition Law, which unde rwent a substantial revision in 2017, have emphasized protecting trade secrets. He said in that in January, China’s Supreme People’s Cour t set up an IPR court to handle complex appeals on patent litigation. Chan said “all these measures” have led to progress for 59 percent of t he US companies operating in China in protecting trademarks and brands in the pa st five years, according to the AmericanRead More →

ent and progress, international communicators should further play up their special role in advancing unders tanding, deepening friendship and expanding cooperation in the fast-changing world. They should push world pro gress in the right historical direction while promoting exchanges among civilizations and mutual learning. First, we should act as promoters of exchanges among human civilizations. The mutual depende nce, exchanges and learning of different civilizations give shape to the abundant and colorful world tod ay. As the UNESCO Universal Declaration on Cultural Diversity points out, cultural diversity “is the common herit age of humanity”. The diversity of human civilizations is a basic characteristic of theRead More →

Growth in China’s energy consumption remains robust while the forms of energy continued to diversify in 2018, according to an annual report on China’s energy devel opment released Sunday by the China Electric Power Planning and Engineering Institute. Total energy consumed last year reached 4.64 billion metric tons o f standard coal, a year-on-year growth of 3.3 percent – a five-year record, according to the report. Consumption of clean energy, including natural gas, hydropowe r, nuclear power and wind power, accounted for 22.1 perc ent of energy consumption last year, up 1.3 percent compared with the same period in 2017. Non-fossil energy accounted for 14.3Read More →

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 qualityRead More →