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Roads and buildings were illuminated Tuesday evening befor

I hope all Asian countries will respect and trust each other, co-exist in harmony, expand cross-border, cross-time-and-space as well as cross-civ

ilization exchanges, and jointly maintain the peaceful time that is more valuable than gold.

Asian people expect Asia of common prosperity

I hope all Asian countries will jointly promote economic globalization that is open, inclusiv

e, balanced, and beneficial to all, and work together to eliminate poverty and backwardness in some countries.

Asian people expect open, integrated Asia

Civilizations will lose vitality if countries go back to isolation and cut themselves off from the rest of the world.

Mutual respect, equal treatment among civilizations stressed

It is foolish to believe that one’s race and civilization are superior to

others, and it is disastrous to willfully reshape or even replace other civilizations.

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ese civilization greatly promotes progress of human civilization

China’s paper-making, gunpowder, printing, compass, calendar, philosophy and people-oriented view have exerted profound i

nfluence in the world and greatly promoted the development process of human civilization.

Chinese civilization is an open system formed during constant exchanges and mutual learning with other civilizations.

In the future, China will surely embrace the world with a more open p

osture and contribute more dynamic civilization achievements to the world.

Confidence of civilization urged

Asia should enhance confidence of civilization.

We should keep exchanges and mutual learning with other civilization

s in the world, and strive to continue writing new brilliant chapters of Asian civilizations.

We should consolidate the cultural foundation of jointly building Asian com

munity of shared future and a community with a shared future for humanity.

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Foreign Ministry spokesman Geng Shuang urged the US gover

 government on Tuesday to consider the costs it would bear through raising tariffs.

He reiterated that China will never capitulate under any external pressure and hopes the US meets China halfway.

The US has no need to “worry about” China’s affairs, Geng said at a daily news conference. The country has made progress i

improving its foreign investment environment and has become a popular investment destination, he sa

id, citing the expansion of US-based Exxon Mobil Corp and Tesla Inc in the market last year.

Geng stressed that China welcomes foreign companies to increase investment in the market and will co

ntinue to establish a more stable, fair, transparent and predictable investment and business environment.

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He said those who are interested in doing business with

Chinese partners in countries involved the Belt and Road Initiative should work together to create a

n ecosystem of a “one-stop shop”, providing diversified services to share in China’s prosperity along the Belt and Road.

President Xi Jinping asked countries to create conditions for other civilizations to develop while keep

ing their own vibrant. His keynote speech at the opening ceremony of the Conference on Dialo

gue of Asian Civilizations on Wednesday has aroused global interest. Here’s what some experts think.

As you know, I work for UNESCO and the general feelin

g I had after President Xi Jinping’s speech was that there were convergences on

many levels between his comments and the work UNESCO does in the world of dialogue among civilizations thro

ughout the world and also the work that we do specifically in relation to the ancient and modern Silk Road.

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ctive investment and harness the digital economy’s role in driving

le in driving China’s economic and social development.

“We need to upgrade our internet services. This is a key measure t

o boost consumption and meet the needs of our massive cellphone users,” Premier Li said.

Participants at the meeting agreed that upgrading and expanding the cap

acity of internet infrastructure should be an important area in boosting effective inves

tment. By the end of this year, fiber-to-the-home (FTTH) ports relative to all broadband ports will be raised to more th

an 90 percent, 1,000M broadband will be extended to more than 300 cities, and base stations for mobile internet will be upg

raded with expanded capacity. The goal is to raise the speed of both fixed-line and mobile internet services to 1,000M.

Broadband networks will cover 97 percent of primary and middle schools nationwide this year, and dedicated inter

net services will be made available over time in hospitals and medical consortiums above the county level.

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Move shows Beijing’s resolve to safeguard its interests

China said late on Monday that it will increase tariffs on the bulk o

$60 billion of US imports to three categories of rates between 10 percent and 25 percent.

For the rest of the US imports, the duty rate remains at 5 percent, acc

ording to a statement released by the Customs Tariff Commission of the State Council.

The tariffs will hit around 5,000 products such as food, chem

icals and auto parts, and are due to take effect on June 1, the commission said.

In a separate statement on Monday, the commission said i

t will be open to tariff exemption applications for part of qualified US imports.

This is China’s latest response to the additional US tariffs on $200

billion of Chinese goods, which were implemented on Friday morning.

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The integrated development of the Yangtze River Delta re

gion must focus on the key elements of greater integration and high-quality developmen

t to lead the growth of the whole Yangtze River Economic Belt and East China, the statement said.

The meeting called for better awareness of integrated development and putting the region’s growt

h into the perspective of a unified strategy, as well as the development of a modern economic system.

It also required adequate coordination and implementation to ensure the effective implementation of various tasks in the plan.

The delta region, including Shanghai and Jiangsu, Zhejiang and Anhui provinces, is among the areas with the most robust econ

omic growth, the highest level of opening-up and the strongest capacities in innovation in China.

The total GDP of the delta region reached 21 trillion yuan ($3.06 trillion) in 2018, which

accounted for around one-fourth of the national total, according to Economic Daily.

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considerable excitement. True, the company faces similar

bstacles to those that Asian and Latin American platforms previously had to overcome, including a

lack of reliable payment systems, low trust between buyers and sellers, and logistics and deliv

ry bottlenecks. But the experience of other regions shows that these shortcomings can be addressed over time.

Internet regulations must not be disruptive

The bigger risk to these platforms stems from the inevitable and necessary increase in regulation of the internet arou

nd the world. In particular, diverse national regulatory regimes may inadvertently or deliberately disrupt or bloc

k the international development of e-commerce ecosystems, hurting lower-income countries in the process. Avo

iding the creation of such unintended obstacles should therefore be a high priority for the international community.

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China’s new energy vehicle sales performed well in Ap

 April, despite the continuing downward trend of the automotive market, Securities Daily reported on Wednesday.

From January to April, the country’s NEVs market experienced strong gro

wth of sales and production, recording a year-on-year increase of 59.8 percent and 58.5 p

ercent, respectively, according to China Association of Automobile Manufacturers (CAAM).

China sold 97,000 NEVs last month, an increase of 18.1 percent year-on

-year, while the output reached 102,000, up 25 percent compared with a year earlier.

Pure electric vehicles saw a rise in both sales and output by 9.6 percent and 28.2 percent, respectively, to 71,000 units and 82,000 u

nits in April. Besides, about 26,000 plug-in hybrid vehicles were sold during the same period, surging by 50.9 p

ercent from a year earlier, and the output increased 13.6 percent to 20,000 units.

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producers or US-based designers. For example, China ma

akes less than $9 from each iPhone. The total price of a phone is ridiculously counted as a Chinese export to the US.

It’s a good thing that China is no longer a low-wage country. Most Chinese are much better off than they were even 10 ye

ars ago. But it does mean that these low-skilled, labor-intensive industries will be moving to less-developed nations. US t

ariffs on such products will only serve to hasten the transition to higher value-added industries that China has to make anyway.

Roughly 20 years ago, when China’s admission to the World Trade Organiz

ation was being negotiated, China’s economy was tiny as a portion of world GDP. It was clearly a poor, less-deve

loped country that, except in a few areas, was not able to compete with Western companies in high-value-added products.

As Alexander Hamilton, the first US Treasury secretary, argued, a dev

eloping country may need to protect its “infant industries” from already established foreign

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