Intensified law enforcement also benefits overseas ent

erprises in China. Last year, intellectual property authorities punished violators in more

than 6,000 cases of infringing on rights of trademark registrants from overseas, with a t

otal value of 151 million yuan ($22 million), an increase of 50.1 percent over the previous year, the report said.

An agreement to support young scholars’ research into the Silk Road was signed between China and UNESCO during a ses

sion of the Conference on Dialogue of Asian Civilizations in Beijing on Wednesday.

Under the agreement, an international academic program will be launched with funding of $1 mill

ion from the Chinese government to scholars under 35 years of age from around the world.

Hosted by the Ministry of Education and UNESCO, the session – entitled “Safeguardin

g the Diversity of Asian Civilizations” – focused on cultural interactions among Asian people and disc

ussed challenges in terms of revitalizing the multiple cultures of Asian countries and regions.

chuangxiangjie.cn

Wang said the Sino-US trade talks have made important

and substantive progress thanks to efforts from both sides. Meanwhile the talks face some serious problems which need to be resolved.

The top diplomat said that as long as the negotiations meet the general direction of China’s reform an

d opening-up policy, adhere to China’s basic needs about high-quality development and serve the com

mon interests of the Chinese and US people, the negotiator teams from both sides could have the capability and w

isdom to settle their reasonable demands and eventually achieve a win-win agreement.

Wang said China insists on upholding national sovereignty, safeguarding the inter

ests of its people and defending national honor when negotiating with any country.

According to the General Administration of Customs, trade between

China and the US in the first four months stood at 1.1 trillion yuan ($160 billion).

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In the past several months, China has announced and

started to implement a “negative list” program that allows foreign co

mpanies to have 100 percent ownership in investments in all areas of the economy, excep

t for a small number of areas, such as telecoms and defense, that are explicitly prohibited.

Also, foreign investment has been simplified by creating a one-stop regulatory shop and a single application process.

These new policies will lead to greater competition within China, forcing C

hina’s companies to become more efficient and to produce higher quality products.

The Chinese government has also recently announced tax cuts and financial regulations desi

gned to help private companies. This will hasten the ongoing transition to a market-driven economy.

Most Chinese State-owned enterprises are not relevant to trade negotiations. Many are in non-tradable sectors such as p

roperty development, infrastructure, or concrete. Others are basically public utilities in telecoms or power.

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population, including psychological needs, so the servi

services will aim precisely at those most in need,” she said.Shan Jixiang, former director and curator of the Palace Muse

um, has been hired as Palace Museum Research Institute chief, one month after his retirement.

Wang Xudong, current director of the Palace Museum, on Wednesday handed the offer letter, dated May 6, to Shan.

Xi Huan, vice-president of Beijing Hospital, said major medical institutions need to mak

e more efforts to improve services for the elderly, including the promotion of disease prevention educ

ation and increased follow-up visits for elderly patients who have been discharged from the hospital.

“Big hospitals should provide more help for elderly patients, and more follow-up nursing services after they leave the ho

spital, so they can get timely help if problems occur at home or at community health centers,” he said.

lunran.cn

Not only are there missing links on the causality chai

 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.

www.koryoung.com.cn

As the world’s second-largest movie market with a grow

th rate of more than 9 percent three years in a row, the Chinese film market is extreme

ly open and inclusive with outstanding movies from around the world, fine works of Hollyw

ood in particular, being screened in China even before they are shown in other countries.

This shows China’s decision to open up its film market in the trough in 1995 was absolutely right. Since then the quota for Hollywo

od movies has been significantly raised from the initial 10 films a year. The opening up of the Chinese movie ma

rket proves that the more open and inclusive a film market is, the higher the number of good films it will generate o

wing to the active and beneficial exchanges with the world’s most advanced filmmaking countries.

The remarkable performance of about a dozen Chinese movies in recent

years makes it clear that well-made films that showcase Chinese culture and touch Chin

ese people’s hearts could not only become smash hits but also help spread Chinese culture. Which g

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Overholt said “the list of issues that President Xi has

addressed are the issues that the business community is concerned about”.

“It is excellent that President Xi recognized some problems,” especially those associated with its Belt and Road Initi

ative, such as transparency and corruption, said Craig Allen, president of the US-China Business Council.

Experts also were interested in how the reform policies and laws would be implemented, something Xi addressed in his speech.

“People are very positive about the direction, but they need to

know the details” of how the promises would be delivered, Overholt said.

Xi, citing the old Chinese saying “honoring a promise carries the weight of gold”, pledged to install a binding mec

hanism for international agreements, to make sure governments at all levels operate in well-regulated wa

ys, and to update laws and regulations to abolish unjustified practices, keeping in line with the needs of opening-up.

www.jvuau.cn

She added that Nepal sticks to the one-China poli

cy and will not allow any forces to use its territory to conduct any anti-China activities.

China’s State Council made public a decree Tuesday to prompt the integrated platform building for e-gov

ernment services to optimize the business environment and make government services more easily available.

The decree clarifies the goal and overall structure of the integrated

platform for e-government services, aiming to standardize the services nationwide, facil

itate information sharing and coordinate services among regions and departments at various levels.

The two leaders witnessed the signing of bilateral cooperation documents after the meeting.

China is now Nepal’s biggest source of foreign in

vestment, second-largest trade partner and second-largest source of foreign tourists.

Ahead of the First Belt and Road Forum for International Cooperat

ion, China and Nepal signed a memorandum on Belt and Road cooperation in May 2017.

www.avnfi.cn

Pledges at forum draw overseas experts’ praise

The international community has hailed President Xi Jinping’s call on Friday to ease market

access for foreign capital and increase imports so that opening-up reaches a higher level.

Xi said in his keynote speech at the opening ceremony of the S

econd Belt and Road Forum for International Cooperation in Beijing that the purpose of buil

ding the Belt and Road is to achieve win-win cooperation and common development.

China will increase its imports of goods and services and will further lower its tariff rates, Xi said.

Francis Chua, chairman emeritus of the Philippine Chamber of Commer

ce and Industry, noted Xi’s emphasis on quality imports and state-of-the-art products.

“China will keep its commitments,” said Chua, who was attending the forum as a member of the Philippine business delegation.

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The reception followed a meeting of Russian and DPRK

delegations, which was preceded by a one-on-one meeting between Putin and Kim.

Kim arrived here in his train on Wednesday for his first meeting with Putin.

The meeting came at a time when tensions were growing between the DPRK and t

he United States.At the end of 2018, Australia became another “surveillance state” with the passing of the T

elecommunications and Other Legislation Amendment Bill or the Assistance and Access Bill 2018.

Last week, the DPRK test-fired a new tactical guided weapon and requested Washi

ngton to exclude U.S. Secretary of State Mike Pompeo from future negotiations.

In response, Pompeo swept aside Pyongyang’s demand ab

out replacing him by someone “more careful and mature” to deal with the talks.

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