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While some netizens praised the story, others felt cheated for the home decoration advertisement afte
r the video. Jiang Luxian, a lawyer from Chengdu, Sichuan province, said the advertisement probably violates relevant provisions of the A
dvertising Law, and the creativity of “sharing father” is also improper for public order and traditions.
Oppein, the creator behind the promotion, however, said on social media that
it hoped everyone would pay attention to the lack of father figures, and return to the family for love.
“Everything can be shared in this era, apart from family love,” the company said.
China’s foreign direct investment climbed 6.4 percent year-on-year to 305.24 billio
n yuan ($44.38 billion) in the first four months, the Ministry of Commerce said Thursday.
Meanwhile, investment from South Korea, the United States and Germany in Chin
a grew 114.1 percent, 24.3 percent and 101.1 percent year-on-year, respectively.
In April alone, FDI amounted to 62.95 billion yuan, up 6.3 percent year-on-year.
decade is likely to be driven by greater global financial sector integration,” said Alfred Schip
ke, the International Monetary Fund’s senior resident representative for China.
Chinese students are increasingly diversifying their choices of destinations for overseas stud
ies, with more students choosing to go to the United Kingdom, Australia and Canada, a new report showed.
In a multiple choice survey for the annual Report on Chinese Students’ Overseas Study, released
on Tuesday, while the United States remains the most popular destination for overseas study this year, pref
erred by 43 percent of the respondents, this was down by 8 percentage points compared with 2015.
US dominance looks uncertain as the number of students inclined to study in the UK r
ose sharply in 2019, accounting for 41 percent, up 9 percentage points compared with 2015.
rch and field development resources to expand in the Chinese market over the coming years, he said.
Ministry of Commerce spokesman Gao Feng said last month that the t
wo countries’ negotiating teams are hashing out the text of a deal, including an enfo
rcement mechanism, based on mutual respect and benefit. Both countries, the world’s two biggest eco
nomies, have been intensifying their consultations and aiming to break the deadlock in a timely manner.
In the ninth round of trade consultations, negotiators discussed tec
hnology transfers, protection of intellectual property rights, non-tariff measures, the servi
ce sector, agriculture, trade imbalances and enforcement mechanisms.
Trade between China and the US amounted to 815.86 billion yuan ($121.7 billion) i
n the first quarter of the year, an 11 percent year-on-year decline, according to the General Administration of Cus
toms. In March, Sino-US trade climbed 0.1 percent to 291.35 billion yuan, according to the administration.
ational Cooperation, to be held in Beijing on Thursday through Saturday, S
ong said the ministry will help deepen economic and trade cooperation with other coun
tries. “China will build more free trade zones with countries that are willing to do so,” Song added.
“As for the existing free trade zones, we will reduce administrative barriers in trade
and investment and push the formation of a big Belt and Road marketplace.”
While some critics have argued that the initiative will lead countries i
nto debt traps, Song said debt can be solved through joint efforts to promote the devel
opment of BRI economies. “Even though some countries may have high debt levels, as their pace of indus
trialization, urbanization and modernization accelerates, their debts will gradually decrease.”
Joe Kaeser, president and CEO of Siemens AG, said, “If an initiative like the BRI unifies more than two-thirds of the global
population, it will create massive infrastructure and economic movement that will build its own rules.”
ntry in the forest sector by the middle of this century in a guideline on promoting the greening of the homeland issued in November. The count
ry also aims to increase its percentage of forest cover from 21.7 percent in 2018 to about 23 percent in 2020, and 26 percent in 2035.
China’s digital trade is expected to lead global trade development, with the economic value of di
gital trade-enabled productivity benefits to the Chinese economy estimated to reach 37 trillion yu
an ($5.5 trillion) by 2030,according to a report on how China can capture digital trade opportunities at home and abroad.
Digital trade has become increasingly important; there are a lot of definitions of digital trade going on, with
the most common one being e-commerce, including monetary transactions and exchanges of goods and services, said re
search project head Konstantin Matthies, noting the report studies digital trade with a much broader approach.
“Digital trade” refers to the production, distribution, marketing, sale or delivery of goods and servi
ces – domestically and abroad – supported by cross-border digital flows. This consists of trade in digi
tally enabled products and services and cross-border data flows that create economic value in the domestic economy, acc
ording to the report jointly released by the Center for China and Globalization as well as the Hinrich Foundation.
After 40 years of high-speed growth, China’s economy ha
s entered a high-quality development phase. Starting today, China Daily will feature a series of reports to sh
ow the new landscape across the country. This is the first installment of the series.
Beijing’s municipal government has been making efforts to develop high-end industries suc
h as 5G, artificial intelligence and the industrial internet in order to build the city into the nation’s scientific and innova
tion center, which is a core strategy of the capital’s high-quality growth plan, a senior officials said recently.
Lin Keqing, executive vice-mayor of Beijing, said the city is aimin
g to make new information technology and medical health twin drivers of the municipality’s growth.
“Beijing will make better use of resources to develop the biomedical indus
try and extend its value chain,” Lin said. “We have unveiled an international medical-use ro
botics innovation center in Zhongguancun, China’s Silicon Valley, and a group of companies in the sector.”
Danish architectural firm Bjarke Ingels Group, is inspired by the Chinese yin and yang symbol. The facility allows the male and fe
male pandas to live apart most of the year, yet in proximity and with easy access to a common area when the female is in heat.
Copenhagen Zoo CEO Jorgen Nielsen hailed the impending
arrival of the two pandas as one of the biggest events in the zoo’s 160-year history.
China’s Belt and Road Initiative, proposed by President Xi Jin
ping nearly six years ago, has made practical progress, with 125 countries and 29 inter
national organizations having signed 173 cooperation agreements under the initiative framework as of March 27.
Under the initiative’s five cooperation priorities of policy coordination, facilities connectivity, unimpeded trade, finan
cial integration and people-to-people bond, there are a batch of projects, such as transportation const
ruction and industrial infrastructure, in full swing or already having yielded fruitful results.
Here are some of the amazing projects achieved worldwide under the initiative.