We value the Chinese market,where we must guarante

tee steady business growth. In the future, we will increase investment in AI applications in the finance and manu

facturing sector, enhance our AI technology, such as machine learning, natural language processing and deep learning, consolidate customer rela

tionships, as well as cultivate the new generation of AI talent for China,” He from SAS China said.

Since World War II, globalization came in two stages. From 1945 to roughly 1975, the United States, Western Europe, and Japan

achieved steady economic growth, with the benefits of that growth spread widely throughout the population. In F

rance, this period is called “30 glorious years” and in Germany it is known as the “economic miracle”.

The second stage of globalization started in the late 1970s and has continued until today with a process of reform and open

ing-up not only in China but in countries of the former Soviet Union and in India.

This has been great for the world. China alone has lifted more than 850 million peopl

e out of dire poverty. But it has also increased competition faced by workers and companies.

The partial globalization of 1945-1975 worked great for average workers in the West. For much of this period, a young perso

n could get a high-paying and apparently secure job in a factory that would allow him to live a middle-income lifestyle.

It’s very hard to believe now, but in 1980, the US city with the highest average wage was Flint, Michigan, followed closely by Detroi

t. Other leading cities in terms of wages were Chicago, Houston, Milwaukee, Youngstown and Cleveland – all

of which were centers of industry and manufacturing. At that time, San Jose, the center of then quite small Silicon V

alley was fourth, San Francisco sixth, and capital Washington was eighth. New York City did not make the top 10.

Many people in the US and Western Europe look back nostalgically on those 30 years aft

er WWII when artificial limits on global competition protected extremely high-paying manufacturing jo

bs. It is very sad to see only empty, rusting factories where thousands of people used to work.

It’s tempting to use tariffs or other protectionist measures to try to

retain the companies that provide these high-paying manufacturing jobs. But, most o

ften the protections just lead to unproductive companies, declining innovation, and slowing GDP growth.

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Analysts attending the symposium said more efforts ar

 needed to tight上海会所品茶微信en export controls and establish a review mechanism that keeps track of whole processes of rare earth exports.

China, the world’s largest producer of rare earths, currently produces around 80 percent of the world’s supply of the metals.

The NDRC said in late May that China is willing to continue supplying rare

earth metals to global markets, but is opposed to those who use products made with Chi

nese rare earths to “suppress and dampen China’s development”.The 19th National Congress of the Communist Party

of China in October 2017 advocated that China would be developed into a modern socialist country that is prosp

erous, strong, culturally advanced, harmonious and beautiful by the middle of this century. But some in the United States c

onsider China’s resolve to develop itself into a prosperous and strong country as a matter of concern.

kaimenjidashijie.cn

inopec establish joint venture with Russian companie

hina Petrole上海会所品茶微信um and Chemical Corp, the world’s larg

est refiner by volume, has agreed to establish a joint venture with Russia’s Novatek and Gazp

rombank to market natural and liquefied natural gas (LNG) in China, Sinopec said on Thursday.

The agreement, which aims to sell LNG produced by Novatek in the Arctic, was signed fo

llowing talks in Moscow between Russian President, Vladimir Putin, and Chinese President, Xi Jinping.

The agreement will be of considerable economic and social benefit an

d will further diversify China’s natural gas imports, while meeting ever-increasing ga

s demand in the country, said Dai Houliang, China Petrochemical Corp president.

www.aaart.org.cn

tries virtual reality technology in a smart classroom prim

Use of new tec上海会所品茶微信hnologies in online education is breaking boundaries for the nation’s students

Yang Ming, a 33-year-old immobile and partially sighted man from

Chengde, Hebei province, never imagined he could become his family’s “financial adviser”.

However, in late April, he noticed trouble brewing in the financial stat

ements of a company whose stock was owned by his relatives, so he advised selling the shares.

Although they were reluctant at first, his relatives sol上海会所品茶微信d the s

hares at a slight loss, but kept most of their 4,000 yuan ($578) investment intact.

A short time later, the company’s stock went into free fall when the Shanghai Stock Exchange plunged as a result of risi

ng uncertainty over trade negotiations between China and the United States.

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With all expressway lanes capable of offering ETC servic

vice by October, an increase in the number of China’s ETC users will make the 90 percent passage via ETC

a reality by year-end, the action plan said.

Starting from July 1, 2019, the country will strictly implement the poli

cy of granting a discount of no less than 5 percent off expressway tolls for ETC use

rs. By the end of the year, the number of ETC users is expected to top 180 million, the action plan said.

The plan calls for increased investment in building the ETC infrast

ucture to increase the proportion of ETC lanes, which should be no less than 70 percent by

the end of October for big and medium-sized cities, new towns and sites near scenic spots.

Given that some vehicles may not have installed ETC devices by yea

r-end, expressways will still offer some manned lanes, accepting mobile payment.

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The president said China will work with Russia to fost

ster stronger synergy between the Belt and Road Initiative and the Russ

ian-led Eurasian Economic Union, advance negotiations on a Eurasian economic pa

rtnership agreement and enhance facilitation of regional trade and investment.

He said development and use of the Arctic shipping routes will provide

new opportunities, a new platform and new impetus for synergizing the BRI and the EAEU.

Security and environmental protection are crucial in developing these routes, and China encourages its compan

ies to take an active part and make practical contributions to the commercial op

eration of Arctic shipping routes and local economic and social development, he said.

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It is the first time in eight years that a Chinese defense

 minister has participated in the event.Building a community with a shared future for mankind is the right path forward and the

trend of the times amid growing uncertainty and instability around the world, he said.

“No approaches to regional issues should resort to military blocs, nor should they undermine the interests of others,” Wei said.

He called out the United States for its military support to Taiwan and naval operations in

the South China Sea, saying they have undermined China’s national sovereignty and territorial integrity.

China resolutely follows the path of peaceful development and this commitment is en

shrined in the constitutions of both the Communist Party of China and the People’s Republic of C

hina, Wei said. “If this is not convincing enough for some people, nothing will be.”

zsdbv.cn

Literature fest sparks rural rebootLiterature Prize anliang Li

An event set up by film director Jia Zhangke featuring leading proponents of a school of writing from Shanxi aims to place the province on China’s literary map.

Jiajiazhuang village in Fenyang, Shanxi province, sits around 600 kilometers southwest of Beijing.

Once known for its collective economy that helped draw its population out of poverty, it has now gained another label than

ks to film director Jia Zhangke, who was born in 35ang in 1970, just a short distance from the village.

Jia has devoted much of his time to regenerating the area’s cultural legacy, not only through movies, but also through literature.

To do that, Jia set up the first Lyuliang Literature Festival, which was held from May 9 to 16

www.qianpadae.com

Terracotta Warriors begin tour of duty at Australian museum

Eight life-size Terracotta Warriors from China are among the works sho

wn as part of a rare exhibition being hosted by the National Gallery of Victoria in Melbourne.

The exhibition, Terracotta Warriors: Guardians of Immortality/Cai Guo-Qiang: The Transient Landscape, runs from May 24 to Oct 13.

It offers a new perspective on China’s traditional culture with more than 160 exhibits

on show, including the Qin emperor’s Terracotta Warriors, which were discovered in 1974 in China’s nor

thwestern Shaanxi province, and are widely described as one of the wonders of the world.

The exhibition features eight warriors and two life-size horses from the im

perial army, as well as two half-size replicas of bronze chariots, each drawn by four horses.

www.117xe.cn

ommerce ministry to protect Chinese companies’ interests

hina is drafting a list of foreign parties considered “unreliable enti

ties” that harm the interests of Chinese companies, said the Ministry of Commerce on Friday.

Detailed measures of the plan are to be disclosed at a later date.

The list will target companies, people and organizations that fail to abide by market rules, violate th

e spirit of contract, block Chinese companies for non-commercial reasons, and severely violate Chinese co

mpanies’ legitimate rights, said Gao Feng, the ministry’s spokesman, in a media briefing on Friday.

“Due to the increasing uncertainties in the global economy, including

the rising trade protectionism and unilateralism, the multilateral trading system is facing s

evere challenges and regular international commercial activities have been disrupted,” Gao said.

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