ments in areas such as education, health, climate change adaptation and sustainable infrastructure.
The growth outlook in all major developed economies and most developin
g regions has weakened due to a confluence of both domestic and external factors, the report said.
Following an expansion of 3 percent in 2018, world gross product growth is now projected to moderat
e to 2.7 percent in 2019 and 2.9 percent in 2020, reflecting a downward revision from the forecasts released in January.
The report identifies several downside risks that could trigger a sharper or more prolonged growth slowdown, potentially infl
icting significant damage on development progress. Those risks include a further escalation in trade te
nsions, a sudden deterioration in financial conditions, and the accelerating effects of climate change.
policies for residence permits and financial incentives to lure more talent.
For example, Zhenjiang in Jiangsu province, promised bonuses of 150,000 and 200,000 yuan for house purchases to gradua
tes with master’s and doctoral degrees, respectively, after they work in the city for three years.
Haikou, capital of Hainan province, is attracting college students with a monthly rent s
ubsidy of 1,500 yuan, with an 18,000-yuan allowance to graduates who decide to buy an apartment there.
Employment, especially some groups such as college gradu
ates and demobilized military staff, remains a priority to the government.
Premier Li Keqiang said at a teleconference on May 13 that employme
nt pressure will be felt this year by a larger number of college graduates. However, promotin
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.
al modernization and ensure that both urban and rural residents enjoy equal public services.
By the middle of this century, digital villages will be completely built nationwide to advance rural revitalization.
To fulfill such targets, the country will accelerate the constructi
on of IT infrastructures in rural areas, upgrading rural internet facilities and information services.
More efforts will be made to boost the rural digital economy, with wider use of digital techno
logies in agriculture and the development of e-commerce and various emerging creative industries in rural regions.
While providing more support for rural technological innovation, the co
untry will strengthen ecological protection in rural areas with digital technologies.
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.
e hospital was ordered to solve management problems rela
ting to the case, check on the condition of the surviving babies and console the parents.
A deputy director of the health bureau of the Shunde district of F
oshan, Guangdong, was also fired, and others deemed responsible were punished.
No new case has been reported in the hospitals that have treated the affected babies.
The provincial health commission has ordered all t
he medical institutions in the province to check their infection-control procedures.
The viral strain that affected the infants was identified by the commission as Echo 11. It is an intestinal virus to which child
ren, especially infants, are susceptible. It is closely related to a respiratory infection.
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