nt history, the relocation of some manufacturing industries from 上海龙凤1314China to overseas destinations is inevitable given the extent of China’s development. On the other h and, this phenomenon does not mean China will lose its manufacturing and economic power.上海龙凤1314品茶微信 During the previous five industrial migrations, the economic development of the leading countries that hosted such industries didn’t stop after some of the traditional sectors relocated to other countries. Instead, they soon saw the rise of new industries, high-end m上海龙凤1314 anufacturing and the service sector-and they are still developed economies. For example, the US is still the world’s larg 上海龙凤1314品茶微信est economy even 60 years after theRead More →

Meanwhile, 79 percent of the Chinese high net worth individuals polled said they are optimistic about their inves tment returns for the next six months, while the average number was 62 percent in the North Asian markets. Despite the fact that the benchmark Shanghai Composite Index sh ed nearly 24 percent in 2018, 67 percent of Chinese participants said they will increase their inv estments in the stock market in the next six months, much higher than the 51 percent registered in North Asia on average. UBS found that cash still makes up about 30 percent of the investmen t portfolios of Chinese high netRead More →

The tariff increases that the United States has placed on Chinese goods affect not only the interests of Chinese companies and consumers, but also their US cou nterparts and threaten the security of global industrial and supply chains, according to a senior Chinese industrial official. “We once again urge the US to stop unreasonably suppressing Chin ese companies. Chinese companies deserve to invest and operate in a fair and just en vironment in the US and the world,” Vice-Minister of Industry and Information Technology Wang Zhijun said. Concerning the US decision to further increase tariffs on Chinese imports, Wang s aid during a recent interviewRead More →

rom about 2 million in the 1950s to about 13 million, and their religious rights and practices are protected by the law. Nor would it adopt a double standard and criticize China’s efforts to counter terrorism and extremism. Last year, tourists fr om home and abroad paid more than 150 million trips to Xinjiang, thanks to the improved security situation in the region. That Xinjiang has not witnessed any violent or terrorist incidents in recent years proves the effect iveness of the joint efforts of the government and local people in maintaining regional peace and stability. Xinjiang is undoubtedly in its best development stage inRead More →

There is no winner in a trade war, and China hopes to solve the issue through dialogue rather than unilateral mea sures, said Gao Feng, Commerce Ministry spokesperson at a news conference on Thursday. The two countries should meet each other halfway and resolve problems through cooperation and discussion, Gao said. Qin Guangrong, former Party chief of southwest China’s Yunnan Province, is being investigated for suspe cted serious violations of Party disciplinary rules and laws, according to the country’s top anti-graft body Thursday. Qin is being investigated by the Communist Party of China Central Com mission for Discipline Inspection and the National Supervisory Commission. HeRead More →

China and the European Union have committed to achieving major progress this year in negotiations for a high-level bilateral in vestment agreement with a view to concluding the ambitious accord next year, according to a joint statement. The two sides pledged to widen market access, eliminate discriminatory requireme nts for foreign investors and establish a balanced investment protection framework, according to a joint statem ent issued after the China-EU leaders’ meeting held in Brussels, Belgium, on Tuesday. Premier Li Keqiang, European Council President Donald Tusk and Eur opean Commission President Jean-Claude Juncker co-chaired the annual meeting and reach ed consensus on a wide range ofRead More →

 minister’s post as the price of winning support for the deal. At a meeting Sunday at the prime minister’s country retreat, Chequers, prominent Brexiteers told May they might back the deal — if she agreed to step d own so a new leader could take charge of the next phase of negotiations, which will settle Britain’s future relations with the EU. Former Foreign Secretary Boris Johnson, who attended the meeting and is likely to be a conten der in any future Conservative leadership race, accused the government of lacking “gumption” and chickening out on delivering Brexit. Britaina’s best-selling newspaper, The Sun, put a call onRead More →

  She’s ski racing’s undoubted new queen, but Mikaela Shiffrin finished the slalom season in regal fashion with victory in the final race in Andorra.   The 24-year-old clinched her 16th win of a record-breaking season Saturday to take her tally to 59 World Cup titles overall.   The victory was also her 40th slalom win to equal the record of Swedish great Ingemar Stenmark, who heads the all-time list with 86 World Cup wins.   Overall champion Shiffrin, who topped the slalom standings from Slovakia’s P etra Vlhova and Swiss Wendy Holdener, is hot favorite to clinch the giant slalom crystal globe Sunday.   The American has a 97-pointRead More →

d in the city, and one in every eight buses is produced by Zhengzhou Yutong Bus Co, he said. Through such efforts as opening cargo train routes to Europe and encouraging cross-border e-co mmerce, Zhengzhou has helped implement the Belt and Road Initiative and benefited from it, he added. “We truly feel that the Belt and Road has turned into roads of peace, prosperity, openness, innovation and civilization,” he said. Tang Yuxiang, an NPC deputy and also board chairman of Zhengzhou Yutong Bus, said that since the Belt and Road Init iative was put forward in 2013, the company has made overseas markets a strategicRead More →

 the gender pay gap. Men generally are more inclined to take jobs with high work intensity and high sala ries, such as technician or salesman, for example. Women, on the other hand, prefer jobs with average work intensity and moderate salaries, such as administrative, operational and marketing positions. In the past two ye ars, more and more women have taken up senior technical, senior management and other senior posts. How ever, in most well-paid positions, the ratio of men to women is still seriously unbalanced. In terms of industries, the engineering and manufacturing industries, including mining, smelting and chemistry, have a bigg er gender pay gap. In the science and tech industries, such as the internet, medical careRead More →