Comments Off on ntry’s rare earth resources, and the environmental pro
ironmental protection measures the company takes in production.
Only when a company has independent intellectual property rights and core technology
will it make competitive products and succeed amid fierce competition, Xi said.
Noting that technological innovation is the lifeblood of enterprises, Xi encourag
ed the company to focus on technological innovation and master more core technologies.
Rare earth is a non-renewable important strategic resource, Xi said, addin
g that more efforts are needed to upgrade the technology for its exploitation and applic
ation, increase its added value, and protect the environment, to achieve green and sustainable development.
Comments Off on The ministry made the remarks after the United States gover
nment late last week ordered its tech companies to cut ties with China’s
Huawei and put a number of Chinese comp
anies on an export blacklist , which makes it almost impossible for listed companies to purchase US-made goods.
Gao Feng, ministry spokesman, said China will
provide consumers in various countries with quality, reliable and diverse products.
The Chinese government is confident it will protect the legitimate
rights and interests of Chinese companies, he said Thursday at a news conference.
The misuse of the state power by the US to suppress Chinese companies not only seriously undermines the commercial cooper
ation between companies on both sides, but poses a serious threat to the safety of the global industrial chain, he said.
Comments Off on In Shanghai, Mi Jia Kao Cai Fan, a restaurant that serves a tra
traditional local cuisine－rice with salted pork and greens, the Cai Fan in the name－has ga
ined a good reputation for its traditional flavors and its striking interior design.
Instead of rows of tables that can seat four or more people, the restaurant has just one long table
divided into individual booths by boards. When seated, diners face a small curtain-covered window, wh
ere the food is served anonymously. Each booth contains coat hangers and charging sockets.
“I wanted to let our customers know that a single person also needs to eat well, so I designed things this wa
y to make them feel less ashamed about eating alone. One person can eat out and enjoy it,” said Li Le, the owner.
Many diners have left supportive comments about the eatery on Dazhong Dianping, an online restaurant review platf
orm. “With one person, one booth, eating alone is no longer embarrassing. A bowl of fragrant rice with a bowl of re
freshing mung bean soup provides a very comfortable dinner here,” commented a customer called Kobayashi1214.
Comments Off on Data from the US Census Bureau showed that bilater
eral merchandise trade between the two
countries has declined by more
than 15 percent since September 2018, when the second round of tariffs went into effect.
chains in East Asia and other trading partners,” the report said.
“We’ve seen the trade tariffs that have
been introduced on both sides have already been damaging trade,” said Dawn Holl
and, chief of the Global Economic
Monitoring Branch in the UN Department of Economic and Social Affairs.
Holland said the adverse effects of trade tensions on economic growth in China “has been partly offset by some stimulus measures”.
According to the report, growth in China is projected to moderate gradually from 6.6 percent in 2018 to 6.3 percent in 2019, and 6.2 percent in 2020.
Comments Off on More comprehensive and well-targeted policy respon
ses are needed to tackle the current growth slowdown,” Elliot Harris, UN chief economist and assi
stant secretary-general for economic development, said Tuesday at a news conference. “It is increasingly clear that policies to pro
mote sustainable development will need to look beyond GDP growth and identify new and more robust measures of
economic performance that appropriately reflect the costs of inequality, insecurity and climate change.”
In response to slowing growth and subdued inflation, major central banks have eased their monetary policy stances. The recent mo
netary policy shifts have helped to stabilize global financial markets and capital flows to emerging economies.
However, the report cautions that a more protracted period of monetary accommodation could exacerbate fina
ncial imbalances, including further fueling debt accumulation and raising medium-term risks to financial stability.
Comments Off on China home to over 200 unicornsReportcial Services Grou
China in 2018 had 202 unicorns valued at a combined total of $744.6 billion, according to a Greatwall Strategy Consultants report.
A unicorn is a privately held startup valued at more than $1 billion.
Seven of the companies are considered super unicorns – companies valued at more than $10 billion, the report said.
They are Ant Financial ($150 billion), Bytedance ($75 billion), Didi Chuxing ($60 bi
llion), Kuaishou ($20 billion), JD Digits ($20 billion), Cainiao ($20 billion) and Bitmain ($14.5 billion).
China’s unicorns come from 22 industries, with e-commerce, smart logis
tics, new entertainment, artificial intelligence, and new energy and smart vehicles the top five sectors.
Comments Off on hina’s ‘big three’ State-run airlines ask Boeing for compen
Air China, the country’s leading carrier, has formally requested compensation from Boeing Co for th
e grounding of its 15 737 MAX aircraft and delayed deliveries of future planes, the company said Wednesday.
China Southern Airlines, another of China’s “big three” State-run
carriers, has also officially asked the US aircraft-maker for compensation involving its 24 gro
unded MAX aircraft and postponed deliveries of such planes, CCTV reported the same day.
Shanghai-based China Eastern Airlines had already sought compensa
tion from Boeing for incurring considerable losses after the grounding of the 737 MAX aircr
aft following two major crashes, according to a previous China Daily report citing People’s Daily.
The carrier filed a claim against Boeing for the losses caused by 14 suspensions of 737 MAX ai
rcraft since March 11 and delayed delivery of the models it had booked earlier, the report said.
Comments Off on Special trains connecting Xinjiang with major tourist are
areas such as the cities of Beijing, Dalian and Qingdao will be launched during the coming summer vacation, which usually spans June to August.
In the second half of the year, more trains for tourists will go into operation, linking the region to the Guangdong-Hong K
ong-Macao Greater Bay Area, Guiyang city in Guizhou province, and Guilin city in Guangxi Zhuang autonomous region.
Huang said more services will be provided on a regular basis on the trains, including karaoke, dining, bathing and internet.
Herder Ahmat Abla is considering returning to a livelihood abandoned by his people almost 100 years ago – fishing.
Ahmat currently grazes his sheep on a small pasture near the lower reaches of the T
arim River, China’s longest inland river. Once upon a time, there were dozens of dried-up
Comments Off on Man sentenced to death for murder of Shanghai schoolchildren
The man who stabbed and killed two 10-year-old students in Shanghai was senten
ced to death by the Shanghai No 1 Intermediate People’s Court on Thursday.
On the morning of June 28, 2018, Huang Yichuan, a native of Shaoyan
g city, Hunan province, killed two boys near the gate of the Shanghai World Foreign Lan
guage Primary School on Pubei Road in Xuhui district, Shanghai. He also injured another boy and a woman.
The court, which had heard the case on Dec 6, said on Thursday that Hua
ng, who was then 29, committed the crime as he was frustrated by problems at work. He t
raveled to Shanghai on June 6 and bought a kitchen knife at a supermarket on June 12.
Comments Off on Ministry: Foreign firms won’t disregard own interests