In contrast, the US seems to take it for granted that tarif

s are a weapon it can employ to bring China to its knees and extract one-sided

concessions, apparently ignorant to the fac

t that China is not what it was in the late 1800s and early 1900s when the country was forced into signing humil

iating treaties, which resulted in the opening of trading ports and paying of indemnities to Western powers.

Perhaps the blame for the breakdown in the talks should be laid at the door of the mind-set o

f the West, which sees only winners and losers, rather than a holistic whole in

which all benefit from each other.

That Eastern viewpoint explains why

China still hopes that the US will meet it halfway for

the benefit of both countries and both

peoples as well as the development of the world economy.

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The reform and opening-up policies are exactly the ki

inds of market-driven reforms needed to make this happen. The Chinese government is investing heavily in resear

ch and development, but it should be noted that the R&D spending as a percentage of GDP is still lower than that of the US.

Nobody likes competition against themselves. So, it must be admitted that China’s transition to a high-tech, high-

value-added economy will come as a shock to many companies around the world. The US economy, which has about 7

percent of GDP in high-tech manufacturing, will be lightly affected by this change.

On the other hand, advanced manufacturing contributes around 20 percent of GDP in Sout

h Korea, Japan, Germany and a few smaller European countries. They will be much more directly affected.

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hina’s growth a source of hope for allong proclaimi

With Chairman Mao Zedong proclaiming the founding of the People’s Republic of China on

Oct 1, 1949, the Chinese people began leaving behind a century of colonial humiliation and building a new life.

What remains poorly understood by the wider world even seven decades later is how dire were

the conditions in China during those days. While China sustained its triumph, Chinese people’s living stan

dard 70 years ago was barely 5 percent relative to their counterparts in the United States.

It was a dire starting point.

Transitions that raised China’s living standard

In the late 1970s, Deng Xiaoping introduced “reform and opening-up” policies

and established special economic zones, which ultimately facilitated China’s entry int

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ommunication key to shared future for mankind

The Conference on Dialogue of Asian Civilizations, which will be he

nth following the proposal of President Xi Jinping, demonstrates China’s

deep thinking and responsibility for promoting the development of civilization in Asia and the world. The conferenc

e will have great and far-reaching significance to the construction of a community of shared future for mankind.

The history of humanity is one of the coexistence and joint development of multiple civilizations. In his article on excha

nges among civilizations and mutual learning, published by the Qiushi journal on May 1, Xi wrote that “civil

ization becomes colorful because of exchanges, and abundant because of mutual learning”. He urged nations to “seek

wisdom, absorb nutrition from different civilizations, provide the people with spiritual support and comfort for thei

r soul, and join hands to resolve common challenges of various kinds confronting human beings”.

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Specifically, the draft likely will and should feature key

 reforms to foster an investor-friendly legal system, represented by strengthened information disclosure, prot

ection of investors’ rights and interests, and crackdown on legal breaches, Liu said.

China must promote the healthy development of the capital m

arket through key institutional innovations, the Political Bureau of the Communist Part

y of China Central Committee, the Party’s core leadership, said a statement released after a meeting on Friday.

Dong said the revised law is likely to be adopted by the end of the first half of the ye

ar, adding it is imperative and possible to expedite rolling out the revised version.

“Previously, controversies over the registration-based IPO system reform ha

ve prolonged the revision process, but now this factor has been largely lifted,” he said.

“As foreign investors are set to play a bigger role in China’s capital

market development, the revised law should also consider clarifying the rights and oblig

ations of overseas investors, to help them form a stable policy expectation,” said Xue Yi, an associate p

jsLongsun.com

It’s more than just dance: both consider the ball a

 window to Viennese social traditions, classical music, and Austrian culture.

While recommending three must-see Austrian cities for first-time visitors, ambass

ador Stift gave a surprising answer. While well-known cities like capital Vienna with its iconic concert hall, Mus

ikverein, and Salzburg , once home to Mozart, both make the cut, that doesn’t tell the full story.

Brice Péan, who studied at ski resort Innsbruck, showed his know

ledge of China, mentioning Hallstatt, a small Austrian town modeled on a Chi

nese housing development, as an increasingly popular destination for Chinese tourists.

Consider this video a warm-up for tonight’s ball. If you can’t ma

ke it, stay with China Daily’s app and you’ll have a chance to win a guest gift bag.

We’re sending 10 of these gift bags to readers in our next episode. Stay tuned.

yuyingleyou.com.cn

We are very proud to have the opportunity to be with

 them for the past 20-odd years,” she said.Currently, the zoo is busy preparing for the pandas’

travel back to China and trying its best to make them feel comfortable during the trip, Thomas added.

Many zoo visitors lined up to say goodbye to the pandas, and wrote down their best wishes on cards

and posted them on a friendship wall set up in front of the panda exhibition halls.

The farewell celebration will run through April 27.

The San Diego Zoo is globally recognized and a San Diego ic

on by hosting more than 4 million guests each year.

Late civil servant on ‘long march’ fighting poverty

Female civil servant Ma Xinjuan died, at the age of 39, only a

few months before Shangyan Village was lifted out of poverty in 2018.

“She was like the peach blossoms,” said Ma Caiqin, a villager of Shangyan. Peach blossoms are common during spring scene

ry at this once impoverished village in northwest China’s Ningxia Hui autonomous region.

But when Ma Xinjuan, former Party secretary of Huangh

ua Township, first came to the village, she received antipathy from some villagers.

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Tax cuts on the way as steps taken at meetingplement a g

China will implement a group of measures to cut value-added ta

x rates, ensuring that the tax burden on all industries will only go down, according to a

decision made by the State Council’s executive meeting presided over by Premier Li Keqiang on Wednesday.

The Government Work Report this year set out a plan for l

arger tax cuts, including lowering the VAT rate in manufacturing and other industries from 16 t

o 13 percent and the VAT rate in transportation, construction and other industries from 10 to 9 percent.

A number of concrete measures were decided upon at the

Wednesday meeting to achieve the targets, which will be enacted on April 1.

Input VAT eligible for deduction will be expanded and will cove

r passenger transportation services. Taxpayers will be able to get their input tax on real esta

te payments deducted in full on a one-time basis, instead of on two occasions in two years.

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A $50 million rescue and rebuild mission is now underway to

repair roads, bridges, schools, communication lines and provide healthcare to

those affected. The country is in poor shape to withstand the financial impact of a disaster: Zimbabwe is cur

rently in the grip of a deep economic crisis.
The Zimbabwe Information Ministry shared pictures of some pupils who had been res

cued from a boarding school in Chimanimani District, one of the worst-affected areas in the east of the country. Br

idges were swept away, and power and communication lines in the area have been cut off.

St Charles Lwanga School children are now safely in Chiping

e and currently receiving medical attention. pic.twitter.com/Ad9LSC7WhS

— Ministry of Information, Publicity & Broadcasting (@InfoMinZW) March 18, 2019

This cyclone follows a week of heavy rains and flooding across southeast Afri

ca that affected 1.5 million people in Mozambique and Malawi, killing at least 120 people in both countries, UN

hdflower.net.cn

Xiang Ligang, director-general of the Information Consum

ption Alliance, said if Chinese smartphone makers want to trul

y grow into global brands, they cannot just stay in China or Southeast Asia or Africa. Th

ey need to establish a presence in more advanced markets such as Japan, Europe and the United States.

“They had made significant technological advancements as well as product designs in recent y

ears. They are now in a relatively good position to venture out into the advanced battlefields,” Xiang said.

Even as Oppo steps up expansion in Europe, it has filed over 33,000 patent applications worldwide as of January.

It has also inked a multi-year global patent license agreement with Swedish telecom equi

pment giant Ericsson. Under the deal, the two sides will also collaborate on a number of business projects.

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