Category: 上海夜网 (page 1 of 3)

Nevertheless, it is difficult to separate cyclical elements

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.

trwater.com.cn

China’s tech heavyweights said the digital economy ha

s become a driving force behind economic growth, and interne

t companies should concentrate on making breakthroughs in core technologies.

“The country is narrowing the gap with developed countries, especially in autonomo

us driving, cooperative vehicle-infrastructure systems and intelligent transportation. We started a little late, but o

ur pace is faster and our potential is bigger,” said Robin Li, chairman and CEO of leading Chinese search engine Baidu Inc.

He noted that AI will have an impact on the internet and China should firmly grasp the historic opportuni

ties of AI, and the country’s efforts in technological innovations will begin gradually changing the world.

Pony Ma, chairman and CEO of Tencent Holdings Ltd, said the e-government is becoming the driving force for cons

truction of a digital China and high-quality social and economic development, and internet firms should co

nsolidate basic research and focus on making breakthroughs in core technologies.

www.hheeh.cn

This issue is similar to the environment. External critics

ent. External critics of China don’t appreciate that Chinese themselves realize there

are issues to be addressed. They are doing so. These developments should be encouraged.”

President Xi Jinping, who spoke at the Second Belt and Road Foru

m for International Cooperation in Beijing recen

tly, listed areas in which China will improve the environment for foreign investment.

The president said the nation will work hard to create a business environ

ment that respects the value of intellectual prop

erty, will improve the legal system for IPR protection at all levels, will strengthen law enforcement and pr

otection for the legitimate rights and interests of foreign IP owners and will bar the

forced transfer of technology, improve protection of trade secrets and crack down on infringement.

www.euitdm.cn

As an important power promoting human develop

ment and progress, international communicators should further play up their special role in advancing unders

tanding, deepening friendship and expanding cooperation in the fast-changing world. They should push world pro

gress in the right historical direction while promoting exchanges among civilizations and mutual learning.

First, we should act as promoters of exchanges among human civilizations. The mutual depende

nce, exchanges and learning of different civilizations give shape to the abundant and colorful world tod

ay. As the UNESCO Universal Declaration on Cultural Diversity points out, cultural diversity “is the common herit

age of humanity”. The diversity of human civilizations is a basic characteristic of the world, as well as a sour

ce of the progress of humanity. In turbulent international situations, to maintain world peace, devel

www.qw46q.cn

Before the drug was available on the Chinese mai

nland, there was little effective therapy for the disease, and patients depended mainly on treat

ment such as respiratory and nutrition supports, said Xiong Hui, Beijing Medical Association rare disease c

ommittee member and Peking University First Hospital deputy director of pediatrics.

Spinraza debuted on the Chinese mainland having been fast-tracked through the marke

t approval process for rare disease drugs, which, available overseas since July, are urgently needed in China.

The drug began the approval process in September and was issued a license in February.

Premier Li Keqiang said in February that the government will step up efforts to gua

rantee more than 20 million rare disease patients have access to required medication.

www.ax142.cn

Chinese Navy to send huge fleet to take part in sea parade

Chinese Navy will send 32 warships and 39 aircraft to take part in a joint sea parade in waters near Qingdao.

Nearly 20 ships from about 10 countries will participate in the sea parade on Tuesday, deputy commander of the PLA Navy Qiu Yanpeng said.

A Singapore Navy frigate arrived on Friday in Qingdao, Shandong province, becoming the first for

eign warship to arrive ahead of a grand event to honor the 70th birthday of the People’s Liberation Army Navy.

The PLA Navy will hold multinational naval activities in Qingdao and nearby waters from Mo

nday to Thursday to celebrate its founding anniversary. They will include a joint sea parade, high-level sy

mposiums, public tours of ships, military music performances and other cultural exchanges.

A press center opened on Wednesday in Qingdao for the upcoming multi

national naval activity.eputy commander of the PLA Navy, attends a press conference for the u

pcoming multinational naval activity to mark the 70th anniversary of the People’s Liberation Army Navy at t

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Fourth, the daunting challenges that China faces at this po

point in its economic development are far more important than whether its slowdown is

a gap or a trap. What comes after the catch-up to advanced economies operating on the technological frontier? This

is where China’s stated goal of shifting from imported to indigenous innovation comes in. Middle-versus high-inco

me status is a relative comparison for developing economies seeking to operate on that frontier. Notwithstanding the

temporary effects of periodic exogenous disturbances-such as deleveraging, global slowdowns, or even trad

e wars-catching up to the frontier and joining others pushing to move beyond it is the ultimate reward of economic development. That goal is ensh

rined in President Xi Jinping’s aspiration for China to achieve high-income status by 2050.

And fifth, productivity growth is far more important than GDP gro

wth in determining a country’s development prospects. As such, I would be far more wor

ried about China falling into a productivity trap than a GDP growth trap. A new study on total factor prod

uctivity (TFP) by a team of Chinese researchers offers some comfort here. Like the work of Pritchett and Summers, thi

s latest assessment of Chinese TFP growth reveals several discontinuities over the past 40 years.

a3o5.cn

School administrators asked to eat with students to strengt

People in charge of kindergartens, primary and secondary schools in China should eat with students at school can

teens to strengthen the safety of campus food, according to a notice issued on Monday.

The notice, jointly issued by the Ministry of Education, State Admin

istration for Market Regulation and National Health Commission, will take effect on April 1.

It requires that administrators should keep record of each meal and resolve any food problems as soon as possible. Pare

nts can also eat with students at school canteens and give suggestions to the school on food safety and nutrition, it said.

The schools should publish the sources of the food to the public and invite parents to parti

cipate in the management and supervision of food safety and nutrition, the notice said.

www.olkcim.cn

Trump, who has faced backlash for saying he took Kim’s

  word that the North Korean leader was unaware of former prisoner Otto Warmbier’s c

apture, said Saturday that he was torn between his obligation to negotiate and his support for the Warmbiers.

  ”I’m in such a horrible position,” Trump said. “Because in one way I have to negotiate. In

the other way, I love Mr. and Mrs. Warmbier. And I love Otto. And it’s a very, very delicate balance.”

  Democrats and socialism

  Trump also accused congressional Democrats of accepting socialism and trying to “replac

e individual rights with total government domination” during the speech.

  ”Just this week more than 100 Democrats in Congress signed up for a socialist takeover of Am

erican health care,” he said, apparently referencing the Medicare For All bill currently supported by many House Democrats.

  Trump said that the plan “would lead to colossal tax increases” and “take away private covera

ge from over 180 million Americans,” as opposed to the private plans and new cooperative plan backed by hi

s administration “where you get better insurance than Obamacare for a fraction of the cost.”

ax125.cn

How the Wagah border post became a symbol of India

  Military tensions in the disputed region of Kashmir have erupted in recent

weeks, with India and Pakistan painting different versions of events.

  One thing we do know for certain is that an Indian pilot, identified as Wing Commander Abhinandan, was captured by Pakistan aft

er his plane was shot down in a dogfight earlier this week between Pakistani and Indian warplanes over the ceasefire line in Kashmir.

  He was due to be handed back to India on Friday afternoon, at a famous border post in the village of Wagah.

  While Indian-controlled Kashmir and Pakistani-controlled Kashmir are separate

d by a 435-mile de facto border known as the Line of Control (LoC), Wagah village sits on the international fron

tier to the south between the Pakistani city of Lahore and the Indian city of Amritsar.

  Wagah straddles the border — with the eastern half in India and the western half in Paki

stan — and sits on the Grand Trunk Road, one of the main overland routes between the two nations.

  Pakistani rangers (L) and Indian security forces (R) perform the daily Beating Retreat ceremony at Wagah in August 2017.

  The border post has taken on a symbolic role in the decades-long conflict over Kashmir, despite be

ing outside the disputed region, thanks to a daily military parade known as the Beating Retreat ceremony.

  Every evening there for 60 years, Pakistan’s Rangers and India’s Border Securit

y Force have taken part in a lowering-of-the-flags ceremony before sunset, typically around 4 p.m. local time.

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