Chinese exporters have from 20 to 50 percent of the

 US market in other low-value-added markets, plus electrical machinery and equipment, mechanical

appliances, and iron and steel. In most other categories, China has less than 20 percent of the US market.

China also assembles and then exports a lot of phones, computers and other gadgets to the US. But, most of the profits and

wages go to Japanese or South Korean component producers or US-based designers. For example, China ma

kes 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 years ago. But it does mean that these lo

w-skilled, labor-intensive industries will be moving to less-developed nations. US tariffs on such products will only se

rve to hasten the transition to higher value-added industries that China has to make anyway.

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Gao cited data to rebut that view and urged AmCham Chi

ina to evaluate China’s market access and business environment for foreign investors in a “comprehensive, objective and fair” way.

The ministry’s data showed that US investment in China jumped 71.3 percent year-on-ye

ar in the first three months of this year. In 2018, US investment increased 7.7 percent year-on-year.

Gao said expansion of the investment figures fully demonstrates that US compan

ies continue to be optimistic about the market and accelerate the pace of investing in China.

Gao cited another survey published in February by AmCham China that showed that most US

companies with operations in China said they have continued to see their revenues grow there.

Gao said the ministry will maintain close contact with foreign enterprise

s and business associations, and continuously improve China’s business environment.

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The most recent incident was Saturday in Jinjiang, Fujian

when the late Qing Dynasty residence of Wu Lu, the province’s last zhuangyuan (top scorer on imperial examinations), was damaged.

Fire this year also destroyed a bridge dating from four centuries ago in Nanping, Fuji

an, a Qing Dynasty residence in Wenzhou, Zhejiang, and an office structure from the 1930s in Fuzhou, Jiangxi.

The operators of the sites hit by fire will be responsible for the dam

age, said the heritage administration. “Electrical faults and loose supervision over the use of fire

during renovation are the main reasons” for the damage, the administration’s statement said.

Though the fire at Notre Dame is under investigation, Frenc

h officials said they suspect its source might have been related to restoration work on the cathedral.

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Lu made the remarks in response to recent media repo

 reports that India decided not to send a delegation to the second Belt and Road Forum for Internati

onal Cooperation later this month in Beijing. The reports said the initiative undermines the South Asia

n nation’s sovereignty via the BRI-related China-Pakistan Economic Corridor.

Lu said that, “If this decision about whether to participate in building the Belt and Road

was possibly made through a misunderstanding”, China firmly and sincerely advances the constr

uction of the Belt and Road on the basis of consultation and contribution for shared benefits.

He added that the initiative is open to all parties that are inter

ested in and willing to join in win-win cooperation.

It will not exclude any party, he said, adding that China is willin

g to wait if relevant parties need more time to consider their participation.

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The European leaders said they are glad to see a greater

 development in China, and the EU welcomes China’s willingness to share its development opportunities.

Chinese enterprises are welcome to invest in European countries, said the European leaders, adding that they will not adopt restrictive measures against specific com

panies, and are willing to provide a fair, open and transparent business environment for all foreign enterprises.

During the visit, Peng Liyuan, Xi’s wife, also attended a number of events aimed at deepeni

ng cultural and educational exchanges between China and the European nations.

As a special envoy of the United Nations Educational, Scientific and Cultural Organization (UNESCO) for the advanceme

nt of girls’ and women’s education, Peng was invited to visit the headquarters of the UNESCO in Paris.

Wang said Peng’s visit highlighted China’s image of a hardworking, responsible maj

or country that actively participates in international education, gender equality and other affairs.

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He made furniture like a bed, a door, a window and a

bamboo lamp by hand. He even learned how to sew and make curtains out of cloth. Fina

lly, he painted the interior wall white and another cartoon character — Monkey D. Luffy from One Piece — outside.

On March 10, the cement pipe room was done. The pipe is 2.6 meters in dia

meter and has a living area of 5 square meters, enough to accommodate a couple and their child.

The videos recording his progress have attracted lots of followers, and one clip even drew more than 10 million views. A num

ber of netizens have given him a thumbs-up after watching his step-by-step home building series. One commented: “I have watched all the vid

eos from Day-1 to Day-45. You are truly an ingenious man and good with your hands.”

Long said there will be a cluster of 20 special home inns in his future plans, each w

ith a different theme — and a camouflage military-themed one has already begun preparations.

www.osmsxl.cn

Is the United States about to lose control of its secretive

  The secretive Diego Garcia military base may be 1,000 miles from the nearest continent, but it has all the trappings of a modern American town.

  The troops here can dine on burgers at Jake’s Place, enjoy a nine-hole golf course, go bow

ling or sink a cold beer at one of several bars. The local command has nicknamed the base the “Footprint of Freedom.”

  But while cars here drive on the right side of the road, this is not

American soil: It is, in fact, a remote remnant of the British Empire.

  That is because in 1965, in the middle of the Cold War, the Unite

d States signed a controversial, secret agreement with the British government to lease one of the

60 or so Indian Ocean atolls that make up the Chagos Islands to construct a military base.

  That deal was secret because the UK was in the process of dec

olonizing Mauritius, of which the Chagos archipelago was a dependency.

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Once implemented, the law will replace three existing

 laws on Chinese-foreign equity joint ventures, non-equity joint ventures and wholly foreign-

owned enterprises, which were mainly legislated between 1979 and 1988 and then revised.

“The draft law reflects experience on foreign investment governance that China has accumulated over the past decade, and

it sets up a comprehensive basic law framework that resonates well with China’s current situation in attract

ing foreign investment,” said Cui Fan, a professor at the University of International Business and Economics.

“When the three old laws were made, foreign investment came to China mainly because of t

he low human resources cost, but now China’s huge market potential is much more alluring.”

In addition, as globalization goes further, competition between countries and regions is intensifying, which has indu

ced China to further adjust laws and regulations to create a better environment for foreign investment, he said.

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echnology revolution and urbanization still carricenter added.

Meanwhile, a slump in population increases and growing aging populations will become a ke

y factor dragging down economic growth in developed countries and some developing countries.

The global population is predicted to rise from 7.35 billion in 2015 to 8.89 billion in 2035 and 9.77 billion in 2050. The pr

oportion of the aging population is expected to rise from 8.3 percent in 2015 to 13 percent in 2035 and 15.8 percent in 2050.

Over the next 15 years, global economy is expected to trend more toward multipolarity. By 2035, developing co

untries’ GDP will surpass developed economies’, contributing nearly 60 percent in global economy and investment.

The focus of global economic growth will shift from Europe and the United States to

Asia and extend to other developing countries and regions, the center added.

www.ypwhl.cn

Six teenager webmasters swaggered through

On the morning of January 6, the Zhangqiu Chengguan Police Station in Jinan, Shandong Province, received the alarm from the people

in its jurisdiction. Five or six young people in embroidery Hui Dajie swaggered through

the market in Japanese military uniforms, causing strong dissatisfaction among the masses.

After receiving the police, the police arrived at the scene quickly. In order to avoid mass gathering,

the police took five officers in Japanese uniform and their field command to the police station for investigation.

After investigation, Bi Mouhui (20 years old, Licheng Suncun) and other six people are network anchors.

In order to enhance popularity and increase click-through rate, Bi Mouhui bought Japanese military uniforms online, and planned

by Zhang Mou (17 years old, Taian people in Shandong Province), Tao Mou (18 years old, Zhangqiu people in Shandong Province).

He Mou (19 years old, Guizhou native), Liu Mou (19 years old, Gansu native) and Pan Mou (15 years old, Yantai native of Shandong Province)

wore Japanese military uniforms to go to the fair and danced rocking dances live after the crowd gathered more.

Bi Mouhui et al. have artificially broadened people’s eyesight, increased popularity, ignored national feelings, ignored public order and good customs, aroused strong dissati

sfaction among the masses in public places, greatly harmed the patriotic feelings of the masses, and violated the core values of socialism with Chinese characteristics.

Bi Mouhui and other six people suspected of disturbing public order have been detained by public security.

Individual words and deeds can not be extrajudicial willfulness, arbitrary, online and offline are not extrajudicial places, openly challe

nging the social bottom line, causing serious negative social impact, we must accept the severe punishment of the law.

National dignity must not be trampled upon at will. Any act that harms the interests of the state will be severely punished.

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