sumers and hundreds of thousands of employees, we ask that you im
mediately stop this action to increase their tax burden,” the group said.
The group’s reasoning echoes an earlier comment from David French,
senior vice-president for government relations at the Nat
ional Retail Federation, who said, “Saying that China is paying these tariffs doesn’t hold water.”
About 99 percent of all shoes sold in the US are imported. Last year alo
ne, it imported 2.5 billion pairs, nearly 70 percent of which came from China, ma
king the Asian country the largest source for US shoe imports, according to statistics provided by the FDRA.
magazine of the Communist Party of China Central Committee. He said more efforts a
re needed to implement the proactive fiscal policy and boost efficiency this year.
Preventing and defusing local governments’ hidden debt risks is key to controlling major risks, he said.
Innovative financial tools will be introduced for debt swaps, and the indebted comp
anies will be allowed to choose the same way, under guidance from the local governments, Liu Shangxi, hea
d of the Chinese Academy of Fiscal Sciences, the Ministry of Finance’s think tank, told China Daily.
“The total amount of hidden debt waiting to be swapped has not yet been calculated, as this
round of debt swaps will not involve the government’s administrative orders, but depends on the ma
rket’s appetite based on the evaluation of the potential default risks and the companies’ solvency,” he said.
nomic strategy will focus on creating a highly competitive domestic market that forces com
panies to produce high-value goods so they can pay high wages to highly skilled people.
Because of its long experience in manufacturing, much of tha
t push will be focused on higher value-added production, using the new technologies of r
obotics, artificial intelligence, the internet of things and 5G. This is the only way to avoid the middle-income trap.
The reform and opening-up policies are exactly the kinds of market-driven reforms
needed to make this happen. The Chinese government is investing heavily in research and development, but it sho
uld be noted that the R&D spending as a percentage of GDP is still lower than that of the US.
National Health Commission should monitor all gene-editing centers and IVF clinics in China to ensure trials are in line with regulations.
A national registry dedicated to clinical trials involving cell technologies should be established to pro
mote greater transparency, they said, so that before a trial begins scientists would need to pass an
ethics review and provide a list of names of all participating scientists and institutions.
Universities and research institutes should strengthen education and
training in bioethics and scientific and medical professionalism, covering research sci
entists and students of science, medicine and the humanities at all levels, they said.
In addition, more efforts should be undertaken to eliminate prejudice against people wi
th disabilities, which exists in the minds of some scholars, they said. Following the gene-edited baby incid
ent, government departments have vowed to improve supervision, and new regulations are being made or revised.
Health authorities will redouble their efforts to train nurses in eldercare as the proportion of older people in the pop
ulation expands and tens of millions of people struggle with disabilities, a senior health official said on Wednesday.
Jiao Yahui, deputy chief of medical administration and supervision at the National He
alth Commission, said there are not enough nurses to cope with the growing needs of the country’s elderly.
A regulation on the training of healthcare workers and standards of service is being drafted. It i
s expected to boost the number of nurse’s aides, Jiao said ahead of International Nurses Day on Sunday.
The nurse’s aides will complement the work of full-fledged nurses to meet the demand for services for the elderly, she said.
The number of registered nurses in China topped 4 million as of the end of last year. Nearly 70 perc
ent held a junior college degree or above, accounting for almost half of all healthcare professionals, she said.
between long-term structural factors and actual economic performance, it is also unclear how long those factors would take to constrain GDP growth to a part
cular level. In fact, 20 years ago, the same long-term factors were used to warn of a possible fall in Chinese GDP growth.
Because of the complexity of China’s growth trajectory, many economists seem to base their assessments of potenti
al on performance. After every drop in China’s GDP growth since the second quarter of 2012－when growth fell be
low 8 percent－economists have emerged to declare that performance was in line with potential.
Difficult to determine potential growth rate
To be sure, there are various estimates of China’s potential growth rate, ranging from 5 perc
ent to 8 percent. But it is difficult to determine which is reliable. For one thing, there is reason to believe that
most estimates fail to discount cyclical factors adequately when calculating the long-term trend.
The Beijing International Horticultural Exhibition opened just two days before the May holiday, giving
the public a close-up view of state-of-the-art gardens created by horticulturists from around the world.
China hosted a similar exhibition in Kunming, Yunnan province, in 1
999. In the two decades since, the social and economic situations in China have unde
rgone tremendous changes. A growing awareness of environmental protection is one of them.
Two decades ago, the Chinese people embraced the Kunming horticu
ltural show as a novelty and curiosity because the countr
y at that time did not have many opportunities to host large international gatherings.
Economic development at the time was the top priority of the country,
which explains why the news media were so interested in reporting that 15 billion yu
an ($2.23 billion) in economic and trade deals were inked during the exhibition.
module, and two lab capsules of the space station and an extravehicular experiment platform will be built. Each rack i
s regarded as a lab that can support various space experiments, and astronauts can upgrade and replace the facili
ties. In addition, a capsule holding a large optical telescope will fly in the same orbit as the station, according to a report by Xi
nhua News Agency, quoting the Technology and Engineering Center for Space Utilization of the Chinese Academy of Sciences on Wednesday.
Di Pippo said opening up the space station to the world, especially to developi
ng and emerging countries, is a good example of China’s will to enhance international cooperation in space missions.
International Cooperation two years ago, more countries and inter
national organizations have joined in the construction of the Belt and Road.
So far, 125 countries and 29 international organiz
ations have signed BRI cooperation documents with China, according to Lu.
Among them are 16 Central and Eastern European countries and Gr
eece. Italy and Luxembourg signed cooperation agreements with China last month to join
tly build the Belt and Road. Jamaica also signed similar agreements on Thursday.
During Premier Li Keqiang’s European visit last week, both sides agreed to seek greate
r synergy between the BRI and the European Union’s strategy for connecting with Asia.
Yang Jiechi, director of the Office of the Foreign Affairs Commission of the Comm
unist Party of China Central Committee, said last month that representatives of more than 100 coun
tries, including about 40 foreign leaders, have confirmed their attendance at the Beijing forum.
backup system so there can be no single point of failure. Since the crashes of Max jets in Indonesi