Category Archive 贵族宝贝

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Some foreign entities have violated the market princ

nciple and spirit of contract and taken measures to block Chinese companies for non-commerci

al purposes, threatening the safety and benefit of China as well as the global industrial chain.”

“To fight trade protectionism and safeguard China’s national securit

y and legitimate interest of the public, China has decided to make such a list,” Gao said.

The ministry will disclose more details regarding the list in the near future, Gao said.Starting his seco

nd term in office, Indian Prime Minister Narendra Modi has proposed a second China-India infor

mal summit in Varanasi later this year. Varanasi is not only a culturally important city for Indians and one of the olde

st cities in the world but also the constituency that elected Modi to parliament.

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Another major problem is that the return on equity in the

infrastructure sector is a mere 3 percent while that in the US capital market is about 12 percent. So how can the US attract more private capital to the infr

astructure sector without guaranteeing a return on equity equal to that in the capital market?

US suffering from a financial Dutch disease

The US’ monetary hegemony is itself a big impediment to the reindustria

lization process, which could be viewed as a sort of financial Dutch disease-the apparent causal

relationship between the increase in the economic development of a specific sector and a decline in other sectors. The mor

e heated the US stock market gets, the more serious the Dutch disease will become. And, ironically, the US leader is k

een on strengthening the stock market to showcase his political and economic track record.

Besides, the US administration cannot launch large-scale infrastructure construction projects, significantly redu

ce the trade deficit with China and deny Chinese investors access to its market all at the same time.

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attracting talents and capital. This in turn prompts the autho

rities to introduce more favorable policies and regulations for the enterprises bas

ed in the US, which is essentially a combination of representative democracy and market econ

omy. Under such circumstances, how can the US promote sustainable reindustrialization?

Besides, reindustrialization is not possible without rebuilding or strengthen

ing infrastructure facilities. And although the US leader has been claiming to implement a trillion-dollar infrastructure

plan-and even made it one of the pillars of his “Make America Great Again” campaign-not much has come of it.

Another major problem is that the return on equity in the infrastructure sector is a mere 3 percent w

hile that in the US capital market is about 12 percent. So how can the US attract more private cap

ital to the infrastructure sector without guaranteeing a return on equity equal to that in the capital market?

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Joefe Santarita, dean of the Asian Center at the Unive

rsity of the Philippines, said Asian values promote consensual approach and communitarianism

rather than individualism, and they prioritize social order and harmony as well as respect for elders, disc

ipline and a paternalistic state along with the primary role of government in economic development.

“Asian values are the salient ingredients on how to learn to work togeth

er through trust and consequently promote globalization,” Santarita told China Daily.

He cited China’s guanxi, a cultural concept that stresses deep personal connections and maintaining relations.

“Guanxi is a clear manifestation of a success story of a cultural element that is aptly applied in

the business sector. Trust is a fundamental element for Chinese businessmen who have engaged in co

mmercial partnerships and international trading systems for centuries,” he said.

Santarita said a similar concept can also be found in other Asian count

ries, citing the Philippines’ compadrazgo and Indonesia’s bapakism as examples.

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Usually, when we have become established in a second

tier city, we will expand to neighboring lower-tier cities. For example, we have developed ve

ry well in Xiamen (Fujian province), and based on this we will expand to smaller cities nearby,” he said.

About 70 percent of small-town youths live from paycheck to paycheck, and most of their money goe

s on household items, luxuries, entertainment and travel, according to a report on this age group rec

ently released by the Central Committee of the Communist Youth League of China.

“They also like quality products, good brands and are interested in being trendset

ters,” said Sun Hongyan, a researcher at the China Youth and Children Research Center.

Sun, the main author of the report, said 35.5 percent of small-town youths use mob

ile phones or electronic devices that feature the latest designs from well-known brands.

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daily entry, exit trips expected for May Day holiday

The upcoming May Day holiday is expected to see an averag

e of 2.2 million inbound and outbound trips made by Chinese and foreign tourists per day, up 5.9

percent year on year, according to the National Immigration Administration (NIA) Friday.

This year’s holiday, from May 1 to 4, is a day longer than previous years and suitable for outbound long-distance trips, said

the NIA, adding that passenger volumes at major airports in places such as Beijing and Shanghai would increase notably.

It anticipates that the average daily tourist flow at the Beijing Capital Interna

tional Airport and Shanghai Pudong International Airport will reach 79,000 and 107,000 respectively.

The ports at different ends of the Hong Kong-Zhuhai-Macao Bridge a

re expected to see a daily average of 105,000 entry and exit trips during the holiday.

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I was very much impressed by President Xi’s speech.

He mentioned China has come to the stage of harmonious development between man and nature.

We feel China is now beginning to attach importance to the natural

environment, so everyone can have a better living environment and the lives of the Chinese pe

could not agree more with President Xi on the great importance of green development and preservation of nature.

The state of the natural environment affects every living being, as well as the lives of future generations.

For instance, if one doesn’t take care of one’s eyes, one’s eyesight might reduce.

And if one disregards the quality of air one breathes, reduction might occur to one’s lifespan.

Thus green development is the cornerstone of the future.
We think this is a good thing.

The Chinese government is more concerned about the lives of ordinary people, and

the government will balance the development of industry and the quality of people’s lives.

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kely to attract millions of people across Chin

to skiing, skating and other winter sports, which in turn will promote more national and int

ernational winter sports events. With the aim to better develop winter sports, governments at all levels shou

ld issue policies to encourage more people, in particular, teenagers, to follow and play winter sports.

Besides, the government should learn from the experiences of Nordic countries how to increase the popularity of winter sports.

Li Hai, director of the School of Economics and Management, Shanghai University of Sport

Concerted efforts to develop winter sports

Winter sports have become increasingly popular in recent years, especially after China won the bid to host the 2022 Winte

r Olympics, creating a huge opportunity for the development of the winter sports industry.

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Xi’s speech draws positive reactions at Second Belt and Road

Editor’s note: President Xi Jinping delivered a keynote speech at the opening ceremony of the Second Belt and Road Forum for International Cooperation in Beijing

on Friday.China is going to open much more as it did before f

or foreign investment, and this is quite important for the whole initiative.

Here is a collection of comments from foreign ministers, delegates, and reporters attending the forum.

President Xi offered a vision of the Belt and Road Initiative t

hat inspires confidence in us, especially as small island developing states.

Facing challenges such as global warming and lack of development

financing, we in the Caribbean region welcome the opportunities presented by the initiative.

President Xi must be commended for his visionary leadership an

d his boldness in offering a new path for a brighter and shared future.

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It is sometimes called Cantonese cancer, as the inciden

e in Guangdong – 30 cases per 100,000 people – is more than 30 times higher than the rest of the world.

When Ma was a visiting scholar in the United States, he found many patients we

re Chinese-American, and most of their families were originally from Guangdong.

An epidemiology study in 2010 traced the risk gene for this type of cance

r to the Baiyue people, an ethnic group that lived in the area more than 2,000 years ago.

In 1998, the US National Comprehensive Cancer Network proposed concomitant radiothera

py and chemotherapy along with three courses of intensified adjuvant chemotherapy afterward to treat patients with a

dvanced nasopharyngeal cancer. It became the standard treatment for advanced cases around the world.

For years, Ma has wondered if it really worked for Chinese people.

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