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Report: China’s speed of development rarely seen

The speed of China’s development has rarely occurred in economic h

istory, with the country’s economic aggregate breaking 90 trillion yuan over the last 70 yea

rs for China to become the world’s second-largest economy in 2018, said financial news outlet Yicai on Friday.

In 1952 China’s GDP was 67.9 billion yuan, with per-capita GDP standing at 119 yuan.

In 2018 the two figures surpassed 90 trillion yuan and 64,644 yuan, making for respective multiplications of 1,325 and 542 times.

The first Five-Year Plan (1953-1957) began China’s industrialization, concentrating efforts on developing heav

y industry and establishing the foundations for the modernization of national defense.

On the plan’s completion in 1957, China’s GDP reached 106.9 billion yuan, a 57 percent increase compared with 1952.

weilutu.cn

Ambassador Liu Xiaoming at the Chinese embassy in

n London has helped set up links between Surrey and Liaoning provinc

e and, in February this year, the mayor of Shenyang paid us a visit, where under

standing was built about mutual opportunities, since when I have also been there,” Samuels said.

As the gateway to the industrial heartland of northeast China, Liao

ning has huge commercial market potential, with more than 109 million customers, and S

amuels believes Surrey has a headstart on some other regions because of its existing connections.

“The vice-chancellor of Surrey University, Professor Max Lu, is a graduate of

North Eastern University in Shenyang, and retains strong alumni links. My visit there helped strengthen e

xisting connections between the two institutions, and I’m hopeful thi

s will lead to greater mutual understanding and tangiblebenefits in the months to come.”

www.trwater.com.cn

Lieutenant General Shao Yuanming, deputy chief of

f the Joint Staff Department of China’s Central Military Commission, said in an afternoon media briefing on behalf of the Chinese delegation that the People’s Lib

eration Army appreciates the US’ willingness to communicate and maintain a stable China-US military relationship.

However, Shao said Shanahan also made some inaccurate claims on China’s military d

evelopment and strategic intentions in his speech, “and the PLA resolutely opposes these accusations”.

Regarding the Taiwan question, the US side has reiterated its

military support to the island based on the so-called Taiwan Relation Act.

“I must stress that Taiwan is an inseparable part of China, and the one-China p

rinciple is the foundation of China-US relations and an international consensus,” Shao said.

ecimy.cn

In 2018 alone, 8.5 metric tons of mountaineering-relat

ted trash was collected over the region’s spring climbing season. In 2019, 8.21 metric tons of various d

omestic waste and 2.46 metric tons of sanitary sewage was collected after the mountaineering season,” said Tashi Gyatso.

According to Nyima Tsering, the head of the region’s sport bureau,

the Tibet Mountaineering Guide School has been playing an important role in mountain rescue.

“Founded in 1999, it is world’s second and China’s first such school, for training mountaineeri

ng talent,” said Tsering, vice-chairman of the China Mountaineering Association. “Teams from

the school have performed 29 high-altitude rescues in recent decades, and have set the rescue record above 8,500 meters.”

www.ecimy.cn

Liu told Regan that China has made its position very cl

lear that if the US treats the Chinese negotiating team with respect and shows the willingness to talk wit

hout using outside pressure, there is a high possibility that there could be a productive trade deal.

“Otherwise, I think we might be facing a prolonged period of problems for both sides,” she said.

Regan, at the close of their 15-minute talk, said again, “No one wan

ts trade wars. But we have to think long hard about the right next steps.”

Liu, however, did counter an assertion by Regan that China’s government controls its entire economy.

“Everybody thinks that China’s economy is state-owned, state-controlled, every

thing is state, state, state. Let me tell you that is not the true picture,” Liu said. “We are a

ax147.cn

Market-oriented reform and opening-up will improve pr

roductivity in the service sector, which is an important thing that China is focusing on to stabilize economic growth,” Zhu said.

Chen Yulu, a vice-governor of the PBOC, also supported a “full-scale” opening of the financial sector. In the future, foreign invest

ors are welcome to conduct all forms of financial business in China, excepting those being named on a neg

ative list, and authorities are researching a new regulatory system, Chen said at the forum on Saturday.

Li Daokui, director of the Academic Center for Chinese Economic Practice and Thinking at Tsing

hua University, said China “should be more confident” in accelerating opening-up of its financial sec

tor, which will help global investors seize numerous opportunities in the Chinese market.

Domestic financial institutions are now capable of engaging in fiercer competition with global peers as their serv

ice abilities in many aspects, such as banking and insurance, have improved a lot over the past years, Li said.

shlf15.com

Zhang lives a life of simplicity, purity and indifference to

 fame and fortune, serving as a role model for military officers, rank-and-file soldiers and veterans across the country, Xi said.

Zhang, a member of the CPC, was a soldier of Brigade 359 of the Northwest Field Army, o

ne of the main forces of the Chinese People’s Liberation Army during the Liberation War between 1945 and 1949.

He was honored by the Northwest Field Army several times for performing meritorious deeds as he braved enemy fire. He

was twice given the honorary title of Combat Hero. When he retired from the PLA, Zhang chose to work in the pov

erty-stricken mountainous areas in Laifeng, a remote county in Hubei province. He dedicated his life to the peo

ple, holding posts ranging from community-level government official to deputy manager of a local bank.

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rvices will be provided based on the results of a sur

China will offer customized data services for disaster prevention throug

h its Fengyun meteorological satellites for more countries along the Belt and Road, said a

senior official of the China Meteorological Administration’s National Satellite Meteorological Center.

The services will be provided based on the results of a survey of 81 countries. By the end

of April, 22 countries, including Afghanistan, Pakistan, Iran, Russia, Libya and Sudan, had responded to the survey.

All of the respondents said they wanted to install the application 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 rainf

all, droughts, dust storms, heavy fog and lightning, in addition to training courses on F

engyun meteorological satellite data analysis, remote-sensing applications and data collection.

www.yt178.cn

es it a large exporter of manufactured goods to the US and

Given that the US economy is driven by domestic demand, consumption in particular, instead of exports, a high rate of eco

nomic growth will widen the trade deficit, as it would have to import more products than it exports. In such a situa

tion, the implementation of large-scale infrastructure construction projects would further increase the trade deficit.

To make up for the increasing savings gap, the US needs to introduce and use more foreign ca

pital, which will further enlarge the trade deficit. Therefore, the US cannot simultaneously maintain a high g

rowth rate, invest massively in infrastructure, reduce the trade deficit and restrict the inflow of foreign capital.

What is really questionable is that, despite its contempt for over-regulation of the economy, the US administration has been tryi

ng to impose regulations on international trade, even for its trade partners’ domestic economic management.

shejio.org

screenshot of the “father sharing” mini programher” is also

While some netizens praised the story, others felt cheated for the home decoration advertisement afte

r the video. Jiang Luxian, a lawyer from Chengdu, Sichuan province, said the advertisement probably violates relevant provisions of the A

dvertising Law, and the creativity of “sharing father” is also improper for public order and traditions.

Oppein, the creator behind the promotion, however, said on social media that

it hoped everyone would pay attention to the lack of father figures, and return to the family for love.

“Everything can be shared in this era, apart from family love,” the company said.

China’s foreign direct investment climbed 6.4 percent year-on-year to 305.24 billio

n yuan ($44.38 billion) in the first four months, the Ministry of Commerce said Thursday.

Meanwhile, investment from South Korea, the United States and Germany in Chin

a grew 114.1 percent, 24.3 percent and 101.1 percent year-on-year, respectively.

In April alone, FDI amounted to 62.95 billion yuan, up 6.3 percent year-on-year.

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