hina welcomes the United States’ willingness to develop a stable mi

litary-to-military relationship, but will remain steadfast in safeguarding national sove

reignty and security, a senior Chinese military official said on Saturday in Singapore.

In a keynote speech at the annual Shangri-La Dialogue on Saturday morning, acting US

Defense Secretary Patrick Shanahan said that China and the US can still have a cooperative rela

tionship. Although competition does exist between the two countries, it does not always mean conflict, he added.

Shanahan also noted some “destabilizing activities” in Asia and emphasized the US’s milit

ary presence and commitment in the region. He called for more communication between the US and Chi

nese militaries to settle their differences and build a constructive relationship

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 the impending oil crisis and the rising threat of the Islamic State group. China and India are the world

‘s largest and second-largest importers of oil and also the second-and fourth-largest buyers of liqu

efied natural gas. As such, energy imports are critical to their development. The US’ attempts at regime change in Ira

n and Venezuela-the world’s third-and fourth-largest oil suppliers-by imposing stifling sanctions accompanied by a m

ilitary buildup in the Gulf have raised the specter of the potential closure of the Strait of Hormuz.

China and India have revived their 2005 proposal and formed a “joint w

orking group on energy” to identify avenues for cooperation including how to rein in risi

ng oil prices. They already have a “joint working group on countering terrorism”. A

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 of stock index futures. At present, onshore stock index futures are unavailable to overseas invest

ors, and they can only hedge risks associated with investing in A shares through offshore instruments.

“After the stock index futures market opens up, investor bases will dive

rsify, helping China’s capital market achieve a higher efficiency in asset pricing,” Wang sai

d, adding that capital market reform and opening-up is part of China’s moves to promote quality development.

“One of the key priorities this year is to accelerate the development o

f direct financing and the capital market, to strengthen the capital market’s capacity to pr

omote economic growth,” Guo Shuqing, the People’s Bank of China’s Party secretary and head of the China Ban

king and Insurance Regulatory Commission, said in an interview with China Central Television on Monday.

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eral merchandise trade between the two

countries has declined by more

than 15 percent since September 2018, when the second round of tariffs went into effect.

“This has also impacted global value

chains in East Asia and other trading partners,” the report said.

“We’ve seen the trade tariffs that have

been introduced on both sides have already been damaging trade,” said Dawn Holl

and, chief of the Global Economic

Monitoring Branch in the UN Department of Economic and Social Affairs.

Holland said the adverse effects of trade tensions on economic growth in China “has been partly offset by some stimulus measures”.

According to the report, growth in China is projected to moderate gradually from 6.6 percent in 2018 to 6.3 percent in 2019, and 6.2 percent in 2020.

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gime of intellectual property rights protection. Again, this is what foreign negotiat

ors are seeking, but also is important for China’s own economy as it transitions to being a technology leader.

Trade agreements can affect the types of goods being traded and they can redirect trade toward one c

ountry, away from others. They cannot directly affect any country’s worldwide current account bal

ance. A country 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 deficit. A serious recession would reduce investme

nt, but nobody advocates that as a strategy. The only other path is to change the US financial and gov

ernment system to encourage increased savings. China has almost nothing to do with it.

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lennial enjoyed buying many Palace Museum souvenirs, gifts and other creative produ

cts. “I tried quite a few from makeup kits, lipstick, blush, to various creative gadgets. They are good so

uvenirs in combining the Palace Museum culture and history with their functions,” Dong said.

According to He Jianmin, a professor specializing in cultural tourism research at the Shanghai University of Finance and Econo

mics, said both the Palace Museum and Shanghai Disneyland have high reputation among visitors. Since both bo

ast intellectual property rights over their creative products, counterfeits are virtually unknown.

Shanghai Disneyland, a $5.5 billion theme park, received more than 11 milli

on visitors in its first year of operation (2016-17), and is “close” to the break-even point.

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tionally unified social security card, can be used as a recognized form of ID and

contains functions such as information reco

rds, self-service enquiries, medical insurance settlements and payments, and financial payments.

Each electronic social security card corresponds with an actual social security card. Therefore, card holders can get t

hings done by scanning the QR code of the e-card even if they forget to bring the actual social security card.

The first electronic social security card was issued in Qingdao, East China’s Shandong pro

vince, in April 2018, and the e-card has been rapidly growing in popularity because it is easy to obtain and use.

An official from the ministry said that more than 25 percent of the social security card holders will have e-cards nex

t year, and a nationwide unified social security card system will cover the payment and settlement.

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g and the Yanqing district also has many tourist attractions, especially the Badaling section of t

he Great Wall, the authorities have launched a comprehensive plan to meet the requirements.

The government has added public transportation means for tourists. Six bus lines directly linking the expo site via the exp

ressway linking Beijing and Chongli district of Zhangjiakou, Hebei province, have been introduced.

The bus lines start at Zhuxinzhuang Station of line 8, Beianhe Station of line 16, Tiant

ongyuan North Station of line 5, Jin’anqiao Station of line 6, Xierqi Station of line 13 and Liuliqiao East Station of line 9.

Buses running between Zhuxinzhuang Station and the expo’s P3 Parking

Lot will commence journey once the vehicle is full at every less than 30-minute intervals. Othe

r five lines will run every 30 minutes on weekends and holidays. The bus fare will be 16 yuan.

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elopment and popularization of sports, including winter sports, we sh

ould advocate and support its growth. Since the winter sports industry is part of the gene

ral sports industry, the expansion of the former automatically means the expansion of the latter.

Some local governments have used winning the bid to host the 2022 Winter Games as an in

spiration to popularize winter sports among children and youths. For example, some departments have

hosted various theme activities to spread knowledge about and attract more people to winter sports.

Since advancement in winter sports also signifies a country’s comprehensive sports s

trength, we should make concerted efforts to develop winter sports in China.

Zou Xinxian, director of Management School, Beijing Sport

University
The views don’t necessarily represent those of China Daily.

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showed that 160 million Chinese people have travel plans during the upcoming four-day May

Day holiday. Thailand, Japan, Vietnam, Taiwan and Indonesia are the top destinations outside the mainland.

Malaysia, which receives around 10 million Chinese tourists annua

lly, began to issue e-visas for Chinese in 2017. “The number of visa stickers on passports of Chinese

nationals dropped by 70 percent in the first year after the service was introduced, showing its high popularity,” said Han.

Since last year, countries including Australia, New Zealand, Singapore, Turkey, Thailand and Sr

i Lanka have started to accept visa application documents online and issue e-visas, either a bar code or QR code.

“When more countries that are mainstream travel destinations launch such services for Chinese, more will follow suit,” Dai said.

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