nuchin’s comments on Wednesday that he is hopeful that both countries can “go back to the table”. Lu told a Foreign Ministry news briefing that China has reiterated that it s door is always open, but negotiations must be meaningful and conducted with sincerity. “A mutually beneficial deal must be based on mutual respect, equality and win-win outcomes,” he said. The US, out of political purposes, has used its state power to groundlessly suppress Chinese te ch firms, which has severely affected the global development and cooperation in science and technology, he said. It has also damaged the interests of businesses of relevant countri esRead More →

 Kong affairs, the Hong Kong and Macao Affairs Office of the State Counc il, and the Liaison Office of the Central People’s Government in the Hong Kong SAR, have also expressed their support for the proposed amendments to Hong Kong’s extradition law. A new United Nations report concludes that high trade tensions and policy uncertainty are damaging global economic growth prospects. A further escalation of the trade dispute between the US and China threatens both short- and mediu m-term global growth prospects, according to the United Nations World Economic Situation and Pro spects (WESP) mid-2019 report released Tuesday at UN headquarters in New York. TheRead More →

ange its resolution to control house prices, Zhang said, adding that in the future the real estate market will continue to crack down on speculation. On May 11, Suzhou tightened housing policies further, China Daily ea rlier reported. The down payment ratio for a family’s first home purchase has been rais ed from 20 percent to 30 percent.China may grant official 5G licenses, instead of the interim licenses prev iously planned, to telecom carriers this year and is likely to start commercial use of the superfast wireless technology nat ionwide in the near future, possibly as soon as October, according to people familiar with theRead More →

as added huge uncertainties to the US economy and raised the likelihood of recession. Which could thwart the US president’s chances of being re-elected in 2020. And the trade dispute could pre vent the US from taking the measures it intends to in order to consolidate its national power. As for China, the significant deviation in the US’ stances and objectives in the trade talks should be a warning for it to more strictly stick to its principles. And the fact that the US wants to challenge the laws of economics should not be reason for China to try to do the same. China mayRead More →

ade negotiations. Many are in non-tradable sectors such as property develop ment, infrastructure, or concrete. Others are basically public utilities in telecoms or power. Some Chinese car companies are State-owned, usually by provincial govern ments, but the car business in China is very highly competitive and foreign brands are very successful. In any case, the continuing growth of an already large private sector should alleviate foreign concerns about competing with State-owned companies. During the George W. Bush administration, the US imposed tarif fs on Chinese steel, arguing that State-owned companies had an unfair advantage. But, US ste el companies also face higher costs because ofRead More →

f guidance, such roughly generated and lame evaluations cannot objectively reflect the real conditions of schools, and have severely disrupted education activities, the statement said. The MOE will therefore continue to regulate such acti vities in accordance with law and regulations, according to the statement. The China Earthquake Administration pledged to enhance its earthquake detection c apability as it rolls out an experimental project in the country’s tremor-plagued southwestern region. The administration has established over 360 new monitoring stations in the China Seismic Experimental Site, which spans Sichuan and Yunnan provinces, since construction of the project was launched about one year ago, Zheng Guoguang, vice-mRead More →

Chinese economy can reach its indicative growth target of 6-6.5 percent in 2019. Lower growth rate may mean more room for adjustment Most Chinese economists seem quite comfortable with this targeted range. One explanati on is that China’s potential growth rate is 6-6.5 percent, and a target should be set accordingly. Another is that a lower growth rate would give the economy more room for structural adjustment. From 1978 to 2008, China averaged an impressive 9.5 percent annual g rowth rate. Then the global financial crisis struck, causing growth to plummet from 9.7 p ercent in the third quarter of 2008 to 6.6 percent inRead More →

four decades has been a blessing to not only our two countries, but the whole world,” said Cui Ti ankai, Chinese ambassador to the US, in his remarks during the awards presentation. “And the essence of the 40-year story is amity between the peoples, which lays the foundation for and shapes the future of our relations,” he said, adding that the stories shared by peoples from the two cou ntries through the My China Album series will always “be a source of inspiration and motivation for us”. Hundreds of US citizens participated in the series from Feb 6 to April 19, sharing their personal storiesRead More →

 future for mankind in his speech at the headquarters of the United ations in September 2015, and in his report for the 19th National Congress of the Communist Par ty of China in October 2017, Xi has pledged on different occasions to build a peaceful, safe, prosperous, open, inc lusive, clean and beautiful world to let the sunshine of a community of shared future for mankind illuminate the world. The world, which is going through a phase of adjustment that fea tures huge development and fundamental changes, faces great and unfamiliar turbulent situ ations — the overall trends of peace and development are irreversible, whileRead More →

cy and will not allow any forces to use its territory to conduct any anti-China activities. China’s State Council made public a decree Tuesday to prompt the integrated platform building for e-gov ernment services to optimize the business environment and make government services more easily available. The decree clarifies the goal and overall structure of the integrated platform for e-government services, aiming to standardize the services nationwide, facil itate information sharing and coordinate services among regions and departments at various levels. The two leaders witnessed the signing of bilateral cooperation documents after the meeting. China is now Nepal’s biggest source of foreign in vestment, second-largestRead More →