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Commenting on the suggestion of quickly shifting sou

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.org

All of the respondents said they wanted to install the app

pplication software platforms of the Fengyun satellites for weather forecasting, as well as climate and environment monitoring.

They also requested a range of services, especially in monitoring rainfall, droughts, dust stor

ms, heavy fog and lightning, in addition to training courses on Fengyun meteorological satellite data ana

lysis, remote-sensing applications and data collection.

Many countries along the Belt and Road have high mountains, deserts, oc

eans and a lack of accurate meteorological information. The number of me

teorological disasters in the regions is more than double the global average, the administration said.

Wei Caiying, deputy general-director of the National Satellite Meteorol

ogical Center, said that real-time disaster monitoring by meteorological satellites co

uld provide these countries with a scientific basis for disaster prevention and reduction.

www.settlementcloud.org

Chinese exporters have from 20 to 50 percent of the

 US market in other low-value-added markets, plus electrical machinery and equipment, mechanical

appliances, and iron and steel. In most other categories, China has less than 20 percent of the US market.

China also assembles and then exports a lot of phones, computers and other gadgets to the US. But, most of the profits and

wages go to Japanese or South Korean component producers or US-based designers. For example, China ma

kes 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 years ago. But it does mean that these lo

w-skilled, labor-intensive industries will be moving to less-developed nations. US tariffs on such products will only se

rve to hasten the transition to higher value-added industries that China has to make anyway.

www.shoppingfair.org

Bioethics experts call for more oversightand

Four leading ethics scholars in China are urging government authorities to intensify their supervision over scientific resea

rch to reduce the chances of unethical use of biomedical technologies involving gene editing and stem cells.

The appeal, published in the journal Nature on Wednesday, referen

ced a major ethical scandal in November, when a Chinese scientist announced he had pro

duced the world’s first twin human babies whose genes were altered to make them immune to HIV.

Hundreds of Chinese scientists voiced opposition and questioned the safety and effectivene

ss of the procedure following the announcement by He Jiankui, 35, who was an associate professor at So

uthern University of Science and Technology in Shenzhen, Guangdong province.

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The danger here lies in the fact that excessively low

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 as high a growth rate as possible

In my view, because no one is sure what exactly China’s potential growth rate is, the best strategy is to try to achieve as high a g

rowth rate as possible, so long as it doesn’t worsen inflation and hinder structural adjustment.

koryoung.com.cn

Government pledges more red tape cuts of items requiri

China will further cut the number of items requiring certificatio

n and refine the procedures through institutional inno

vation to improve government services and foster a more enabling business environment.

The decision was made at the State Council’s executive meeting, chaired by Premier Li Keqiang on Sunday.

Participants at the meeting agreed that the government’s efforts in recent years to repeal unwarranted certification requ

irements and deepen the reform of government functions have produced notable results.

“These are crucial steps benefiting both companies and individuals

,” Li said. “At a time when the economy still faces uncertainties, removing these unjustified cer

tification requirements will help boost market vitality and improve the business environment.”

hheeh.cn

hina’s growth a source of hope for allong proclaimi

With Chairman Mao Zedong proclaiming the founding of the People’s Republic of China on

Oct 1, 1949, the Chinese people began leaving behind a century of colonial humiliation and building a new life.

What remains poorly understood by the wider world even seven decades later is how dire were

the conditions in China during those days. While China sustained its triumph, Chinese people’s living stan

dard 70 years ago was barely 5 percent relative to their counterparts in the United States.

It was a dire starting point.

Transitions that raised China’s living standard

In the late 1970s, Deng Xiaoping introduced “reform and opening-up” policies

and established special economic zones, which ultimately facilitated China’s entry int

www.tcplea.cn

Chan also said that trade secrets at times were diffic

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 American Chamber of Commerce in China.

www.vnynui.cn

Bernard Dewit, chairman of the Belgian-Chinese Cham

ber of Commerce, said that industrial and trade relations between the EU and China will i

ncrease following the meeting, and that China has made great efforts to open its market to European companies.

“China’s new Foreign Investment Law, which has just been (approved), will greatly reassure European investors of the com

mitment of the Chinese government to further protect foreign investments in China,” he said.

Wang Yiwei, a professor of international relations at Renmin University of China, said in an article

published in the People’s Daily Overseas Edition on Wednesday that the Chinese and EU lead

ers’ strategic communication on important issues will help foster new areas for bilateral cooperation.

The concerted efforts made by the two sides to cope with the common challenges

and develop win-win cooperation will add stability to an increasingly uncertain world, he added.

Hu Yongqi contributed to this story.

trwater.com.cn

trade hitting $682 billion last year, said Zhang Min

 head of the Chinese Mission to the EU. So far, 22 European countries have signed memorandums of understanding with Chi

na to promote the Belt and Road Initiative, with Italy and Luxembourg the most recent examples, he said.

Chen Fengying, a senior researcher at the China Institutes of Contemporary International

Relations, said that Li’s European trip is to further enhance high-level exchanges and political trust between

China and the EU, following President Xi Jinping’s visit to Italy, Monaco and France last month.

Both sides support the multilateral trading system and face challenges posed by risin

g protectionism and unilateralism to economic globalization and multilateralism, Chen said. On the global geopoliti

cal stage, China is developing at a very fast pace with an enormous economic scale, Chen said.

“As a huge market, China has reiterated its opening-up (policy) to the ou

tside world, including to European countries. Therefore, both sides should strengthen cooper

ation and exchanges in areas such as trade, investment and the Belt and Road Initiative,” she said.

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