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.
stration show China had 5,354 museums by the end of 2018, and museums across the country held some 2
6,000 exhibitions in 2018 and received 1.126 billion people, an increase of 30 percent and 16 percent, respectively.
The International Council of Museums organized the annual I
nternational Museum Day in 1977 to address the changing roles of museums.
Museums across the world are reinventing their roles to become more interacti
ve, audience focused and active in delivering creativity and knowledge to their communities.School students and adult
visitors learn about making prints and carving stamp seals and learn about the appreciation of and technological me
thods being used in the conservation of the age-old buildings at the Palace Museum, May 1
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.
s higher than men in new media operators and data analysts among the five professions, illustrating that burgeoning career opportunities and skill requ
irements are presenting an unprecedented advantage for women. That’s a change from the past, when women
normally had more household duties, especially in the era of universal two-child policy, he said.
Lu also said that the number of people engaged in human-centered job positions was growing faster than other rules.
“It implied that jobs requiring insights into people’s preferences and habits, such a
s marketing and human resources, are irreplaceable by machine intelligence so far,” Lu said.
A survey jointly conducted by research firm Trustdata and LinkedIn in April found career starters w
ere establishing their career goals earlier than past generations, exhibiting a stronger self-driven momentum.
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.
and external shocks from the long-term trend and to conclude that China’s potential growth rate really is 6-6.5 percent.
Many Chinese economists cite long-term supply-side structural factors－such as demographic agi
ng, environmental degradation, and a lack of progress on reform－to argue that China has simply en
tered a new stage of development, characterized by significantly lower potential growth rates.
Structural factors don’t explain falling growth rate
While this may be true－everyone in China agrees that 9-10 perce
nt annual growth rates are a thing of the past－there is no clear indication of how much Chin
a’s growth potential has actually declined. Long-term supply-side structural factors do not explain, for exam
ple, why the growth rate fell from 12.1 percent in the first quarter of 2010 to 7.4 percent in the third quarter of 2013.
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