Besides, it should try to reform the exchange rate system

and enhance th上海夜网女神会所e yuan’s exchange rate flexibility, so as to promote its internationalization and minimize the impact of the US’ monetary policy adjustme nts on the Chinese economy. China’s monetary policymakers should use flexible policy tools, pay attention to the cha nging trend of such economic variables as price levels, exchange rates and long-term interest […]

nd information technology, had confirmed at the Boao Fo

oao Forum for Asia, that China will grant 5G licenses this year, but didn’t disclose a specific date. “5G, industrial internet and the internet of vehicles are among the country’s top development priorities in the telecommunications industry,” Zhang Feng, chief engineer of the Ministry of Industry and Information Technology, sa id on Friday during the […]

information technology, had confirmed at the Boao Foru

um for Asia, that China will grant 5G licenses this year, but didn’t disclose a specific date. “5G, industrial internet and the internet of vehicles are among the country’s top development priorities in the teleco mmunications industry,” Zhang Feng, chief engineer of the Ministry of Industry and Information Technology, sa id on Friday during the […]

Trade agreements can affect the types of goods being

traded and they can redirect trade toward one country, away from others. They cannot directly affect any country’s worldwide current account balance. A count ry that saves less than it invests will have to borrow foreign funds to import foreign goods to make up that difference. There are two ways to reduce the US trade […]

China is an important stakeholder in Arctic affairs,” Wang

“The country has always adhered to international treaties, such as the Charter of the United Nations, the United Natio ns Convention on the Law of the Sea, and the Spitsbergen Treaty, as well as other international laws and upheld the p rinciple of respect, cooperation and common winning and sustainability when actively participating in Arctic […]

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 […]

The Belt and Road Initiative, which originated in C

 China but belongs to the world, has become an open and inclusive platform for international cooperation and a well-recog nized global public good thanks to the concerted efforts of the parties involved, Xi said. Calling think tanks significant forces for Belt and Road constructi on, the president said developing think tank exchanges and cooperation helps […]

Vehicle sales in China continue to drop, NEV sales rise

hinese sales of passenger vehicles, MPVs, SUVs and minivans in March dropped 12 percent on a yearly basis to 1.78 million units. This is the 10th consecutive monthly decrease, according to the C hina Passenger Car Association (CPCA), Changjiang Times reported. The MPV sector saw the largest sales decline, 20.2 percent to 130,000 units in […]

Apple, in rare reversal, pulls plug on wireless charging mat

Apple Inc on Friday said it is canceling the AirPower wireless charging mat that the company announced in 2017 on t he same day as its iPhone X, a rare public retreat for the gadget maker known for splashy product launches. The mat was intended to wirelessly charge up to three Apple products at once, […]

We support the BRI globally because it’s a big project wi

ith so many applications in different parts of industry and the economy, and we want agreements, project by project.” Raffarin was appointed special envoy on China affairs by French President Emmanuel Mac ron. He pointed out that it is not pragmatic to have an agreement about every industrial sector, because, as sovereig n states, both […]