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Recent monetary and fiscal stimulus measures are expe

cted to bolster domestic demand, partially offsetting the adverse impact of trade tariffs on overall growth,” the report said.

The US recently signaled its intention to impose additional tariffs on the European Union, primarily targeted at the

aircraft and food industries. It is in addition to the imposition of steel and aluminum tariffs that are already in place.

Amid unresolved trade disputes and higher tariffs, the projected growth of world tra

de has been revised downwards to 2.7 percent in 2019, slowing markedly from 3.4 percent in 2018.

The report warns that “the impact of a spiral of additional tariffs and retalia

tions would not only dampen growth of these large economies, but also have severe spi

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Panda researchers hope algorithms and AI technology will

The app and database will help us gather more precise and well-rounded data on the population, distri

bution, ages, gender ratio, birth and deaths of wild pandas, who live in deep mountains and are hard to tr

ack,” said Chen Peng, a researcher with the base who co-authored a paper on “Giant Panda Face Recognition Using Small Database.”

“It will definitely help us improve efficiency and effectiveness in conservation and management of the animals,” Chen said.

China has carried out four scientific field research project of giant pandas in the wild.

The giant panda was scientifically discovered 150 years ago and n

amed in the city of Ya’an, Sichuan. It remains one of the world’s most endangered species.

The number of captive pandas was 548 globally as of November last y

ear. Fewer than 2,000 pandas live in the wild, mostly in the provinces of Sichuan and Shaanxi.

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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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hina’s growth a source of hope for allong proclaimi

With Chairman Mao Zedong proclaiming the founding of the People’s Republic of China on

Oct 1, 1949, the Chinese people began leaving behind a century of colonial humiliation and building a new life.

What remains poorly understood by the wider world even seven decades later is how dire were

the conditions in China during those days. While China sustained its triumph, Chinese people’s living stan

dard 70 years ago was barely 5 percent relative to their counterparts in the United States.

It was a dire starting point.

Transitions that raised China’s living standard

In the late 1970s, Deng Xiaoping introduced “reform and opening-up” policies

and established special economic zones, which ultimately facilitated China’s entry int

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i also called for the two countries to further enhance

exchanges between their legislatures, political parties, youth, think tanks, media

and local authorities to cement their people’s support for friendly bilateral ties.

Bhandari said the joint building of the Belt and Road is a historic initiative and has an important global influence.

The initiative has served as a good platform for Nepal-China cooperation, she said.

The Nepali president expressed her congratulations on the

70th anniversary of the founding of the People’s Republic of China, and said

it is admirable what the Chinese people have achieved under the leadership of the Communist Party of China.

China is a true friend of Nepal, and Nepal sees opportunities in China’s prosperity and stability, Bhandari said.

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China welcomes financial institutions around the worl

 to participate in financing Belt and Road projects, Xi said, adding that multiple participants will bring common benefits.

Xi announced that China will support 5,000 people from innovative sectors in Belt and Road

countries in conducting exchanges, training programs and joint research in the next five years.

Xi called for joint efforts to facilitate trade and investment and oppose protectio

nism, saying that the flow of products, funds, technology and people can propel forces for economic growth.

According to Xi, more than 150 countries and internat

ional organizations have signed cooperation documents to jointly build the Belt and Road.

The BRI has opened new space for global economic growth and

built a new platform for international trade and investment, Xi said.

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Much work remains in Sino-US trade negotiations

China and the United States have made new progress in negotiating the text of an econom

ic and trade deal, but much work remains to be done, the Ministry of Commerce said on Thursday.

Negotiating teams from the two countries are hashing out the text of the deal, including

an enforcement mechanism, on the basis of mutual respect and benefit, said Gao Feng, ministry spokesman.

The remarks came as the world’s two biggest economies have been i

ntensifying their consultations and aiming to break the deadlock in a timely manner.

In the most recent round of trade consultations, the negotiators discussed technolo

gy transfers, protection of intellectual property rights, nontariff measures, the service sector, agriculture, tra

de imbalances and enforcement mechanisms, according to earlier reports.

The American Chamber of Commerce in China said in a recent white paper that the US business commu

nity in China, long an advocate of good bilateral relations, can no longer be relied on to be a positive anchor.

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The museum has some 50 firefighters on duty around

he clock, a fire engine, over 160 hydrants, thousand of extinguishers, and fire walls, officials said last year.

But not all relics have such rigid supervision. A joint comprehensive survey was started in Septemb

er by the administration and the Ministry of Emergency Management. It found that 33 major institutions still don‘t meet stan

dards, and the State Council issued a notice on Wednesday that they were to receive the highest-level supervision.

On Tuesday, the administration urged local governments to immediately launch evaluations of potential hazards.

The new lawsuit against Liu Qiangdong, the billionaire founder and CEO of Chinese e-commerce giant JD, and his compan

y filed by a University of Minnesota student might further shake investors’ confidence, and tarnish the image

and reputation of the company, amid tougher competition from rivals such as Alibaba and Pinduoduo.

The Chinese student from University of Minnesota, who claimed she was raped last August by Liu, filed a c

ivil lawsuit against him in Minneapolis on Tuesday, four months after prosecutors decided not to pursue a criminal case.

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Four public holidays in 2018, namely the Spring Fest

ival, Tomb-sweeping Day, May Day and Dragon Boat Festival, all saw a marked increase in the number of domestic tourists.

During the three-day Tomb-sweeping Day holiday that ende

d on April 7, the number of domestic tourists reached 112 million, a 10.9 increase year-on-year.

Apart from sightseeing, more Chinese tourists now opt to exp

erience the cultural essence of their destinations by visiting local museums.

Over the past three years, visitors to Chinese museums have been growing by about 100 mi

llion each year, Liu Yuzhu, head of the National Cultural Heritage Administration, told reporters earlier this year.

During the week-long Spring Festival Holiday in 2019, more than 40 percent of the 415 milli

on domestic tourists visited museums, a report from the China Tourism Academy showed.

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It’s more than just dance: both consider the ball a

 window to Viennese social traditions, classical music, and Austrian culture.

While recommending three must-see Austrian cities for first-time visitors, ambass

ador Stift gave a surprising answer. While well-known cities like capital Vienna with its iconic concert hall, Mus

ikverein, and Salzburg , once home to Mozart, both make the cut, that doesn’t tell the full story.

Brice Péan, who studied at ski resort Innsbruck, showed his know

ledge of China, mentioning Hallstatt, a small Austrian town modeled on a Chi

nese housing development, as an increasingly popular destination for Chinese tourists.

Consider this video a warm-up for tonight’s ball. If you can’t ma

ke it, stay with China Daily’s app and you’ll have a chance to win a guest gift bag.

We’re sending 10 of these gift bags to readers in our next episode. Stay tuned.

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