May 2019 archive

President’s Russia visit eyes global stabilitys talks with his

President Xi Jinping’s upcoming visit to Russia reflects close cooperation between China and Russia, which is important to maintain the stability of the international community amid rising uncertainties, analysts said. Xi will make a state visit to Russia from June 5 to 7 and attend the 23rd St. Petersburg International Economic Forum, Foreign Ministry spokesman …

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In a statement on May 16, Huawei said that losing acce

ss to US suppliers “will do significant economic harm to the US companies” and affect “tens of thousands of US jobs”. In total, US firm s sold an estimated $11 billion worth of components to Huawei last year, according to earlier media reports. “I’m not able to tell you exactly what the costs will be; …

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employment market, based on big data of online recruit

 this year was 1.68, down from 1.91 in the first quarter of 2018. Although the figure was above 1, the balance line, it was the first decline since the beginning of 2018. About 8.34 million new college graduates and 2 million migrant workers are expected to enter the job market this year. Added to the …

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In May, the offshore RMB exchange rate against the US do

dollar dropped more than 3 percent under market pressure as global investors worried about the escalation of trade friction. Guo Shuqing, Party secretary of the People’s Bank of China, the central bank, said on Monda y that higher US tariffs on China’s imports triggered financial market volatility, and this also affected the offshore RMB. The …

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alwai highly commended China’s achievements in its ref

form and opening-up drive, and said the country’s success has not only brought changes to itself, but als o has profound and positive influence on the world. Vanuatu firmly honors the one-China policy and supports the Chinese government in its efforts to realize peaceful national reunification, he added. oreign investors may get access to more …

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At present, 5G has become the driving force to boost Ch

hina’s innovative and high-quality development,” Sui Zhenjiang, vice-mayor of Beijing, said on Wedne sday during a 5G industrial development and investment summit held in Yizhuang, in southeastern Beijing. “Beijing is actively transforming itself as a national scientific and tech nological innovation center. With advantages in complete telecom infrastructure, abunda nt talent and strong research and …

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The Sino-US trade tensions have had a limited impact

mpact on China’s financial markets and the effects will be “even smaller” in the future, Guo said. Yi Huiman, chairman of the CSRC, also pledged earlier in May to continuously enhance the quality of listed firms as part of s upply-side reforms in the financial sector to promote the high-quality development of the real economy. …

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Xi calls for bolstering reform and developmentforts to p

Xi Jinping, general secretary of the Communist Party of China Central Committee, called on Wednesday for further efforts to prevent and eliminate major problems in the nation’s reform and development against the backdrop that uncertainties and instabilities are on the rise. Xi, also Chinese president and chairman of the Central Military Commission, made the remarks …

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So far EU ministers have only agreed a modest mandat

 to discuss reductions in tariffs in industrial goods and to seek agreement on conformity assessments. EU Trade Commissioner Cecilia Malmstrom is opp osed to any quota agreement on cars and has lambasted the national security excuse put forward by the White House. The most prominent supporter of free trade is the center-right European People’s Party …

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It is time therefore that China and the US addressed ea

ch other’s concerns on the basis of mutual respect and equality, and strived to reach a win-win deal as soon as possible, bec ause that it would be conducive to the development of not only the two countries but also the whole world. Little angel, happy children’s day,” reads a note on a wreath laid …

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