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n Tuesday afternoon, Xi called for efforts to make new advances in the development of the countr
y’s central region. Xi presided over the meeting,
at which he was briefed by the Party secretaries of Shanxi, Anhui, Jiangxi, He nan, Hubei and Hunan provinces, as well as He Lifeng, head of the National Developm
ent and Reform Commission. Promoting the rise of the central region is an important strategic decis
ion made by the CPC Central Committee, Xi said, adding that it has great significance in ac
e goal of building a moderately prosperous society in all respects. Xi said that although China is still in an impor
tant period of strategic opp ortunity for its development, the country faces an increasingly complicated international situation.
The emerging service sector also grew very fast, Meng said.
In April, the information transmission industry
, along with software and inform ation technology services, grew 25 percent year-on-year, 17.6 percentage points higher than the national index of services.
etail sales amounted to 3.04 trillion yuan ($440.2 billion) in the first four m onths, a year-on-year increase of 17.8 percent. Around 17.07 billion parcels were delivered, up 24.8 percent over last year.
d the transformation of traditional industries is speeding up as they combine with information technology. “Through implementing national big data and inter
net plus strategies, internet, big da ta, and artificial intelligence technologies have been widely used in China’s real economy,” she said
I hope all Asian countries will respect and trust each other, co-exist in harmony, expand cross-border, cross-time-and-space as well as cross-civ
ilization exchanges, and jointly maintain the peac
eful time that is more valuable than gold.
Asian people expect Asia of common prosperity I hope all Asian countries will jointly promot
e economic globalization that is open, inclusiv e, balanced, and beneficial to all, and work together to eliminate poverty and backwardness in some countries.
Civilizations will lose vitality if countries go back to isolation and cut themselves off from the rest of the world.
Mutual r espect, equal treatment among civilizations stressed It is foolish to believe that one’s race and civilization are superior to
others, and it is disastrous to willfully reshape or even replace other civilizations.
detour before reaching a deal sooner or later, then the economic impact for consumers in China and t
he US, as well as other parts of the world, will be f
airly costly, said Chen Wenling, chief econ omist at the China Center for International Economic Exchanges.
they buy finished products or goods made from r aw materials and components, the tariffs still exist, Chen said.
ion will make goods produced by both countries less co mpetitive and cause large-scale job losses, said Chen.
uo, former vice-minister of commerce, said economic conflict s and trade friction between China and the US that draw global attention will happen fro
m time to time in the future, and these should be rationally regarded and prepared for.
American Soybean Association President Davie Stephens said on Tuesday.
Donald Trump threatened in a tweet on Sunday to increase tariffs. Stephens, a grower from Clinton, Kentucky, said that US farmers are in a tough situation, and with depressed prices
old stocks forecast to double before the 2019 harvest begins in September, farmers urgently need the China market. “We need a positive resolution of this ongoing tariff dispute, not further escalation of tensions,” he said in a release p
osted on the ASA web site. Nicole Kaeding, vice-president of federal and special projects at the Washington-based Tax Foun
dation, said that if the Trump administr
ation follows through on the president’s threat, it’s US taxp ayers, not Chinese taxpayers, who will pay the price — thanks to higher prices and fewer job opportunities.