major contradictions and outstanding problems through coordinated planning and targete

d measures to make reform better serve the country’s economic and social development, Xi said.

The meeting reviewed and approved a series of official documents including a guideline on innovation and improving ma

cro-regulation, as well as a guideline on strengthening opening-up and cooperation in innovation capacity.

The meeting called for taking the supply-side structural reform as the main task, making coordinated efforts to stabilize eco

nomic growth, promoting reforms, readjusting the economic structure, improving people’s livelihoods, pr、

eventing risks, and ensuring social stability, according to a statement issued after the meeting.

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urity”, signed an executive order on May 15 that led the US Department of Commerce to put Huawei and its affilia

tes on an Entity List, which would restrict the sale or transfer of US technologies to the company.

Craig Allen, president of the council, said many of its members are suppliers to Huaw

ei, and all of them have been impacted by the Department of Commerce’s move.

Founded in 1973, the council represents around 200 US companie

s doing business with China, including Apple and Microsoft. It also includes chipmakers Inte

l and Qualcomm, which have said they would stop offering supplies to Huawei until further notice.

The members will follow US law, but there is a cost associated with that, Allen told China Daily.

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port Hainan in developing the whole island into a pilot free trade zone, the 12th and the largest in the

country, to gradually explore and steadily promote the establishment of a free trade port with Chinese characteristics.

The Haikou Jiangdong New District covers 298 square kilometers o

n the east coast of Haikou, and will have two parts: a 106-sq-km ecological region boasting a key n

ational wetland natural reserve, and a 192-sq-km area that will serve both industrial and urban purposes.

The provincial government said Haikou should pay great attenti

on to ensure that environmental quality is advanced in an all-round way while developing the new ben

chmark area. This will integrate such new features as headquarters economy, commercial and financial business, inter

national consumption, cultural exchanges, and scientific and technological innovation.

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ears to be stabilizing on the back of recently enhanced supportive measures.

The report expanded the number of countries it scrutinizes for curr

ency manipulation to 21 from 12. Countries with a current account surplus with the US e

quivalent to 2 percent of GDP were put on the watch list, compared with 3 percent of GDP before.

China didn’t meet the “currency manipulator” criteria listed by the US Treasury, but Washi

ngton will continue assessing the RMB’s performance given China’s large trade surplus with the US, the report said.

The US Treasury removed India from the watch list, while it added Singapore, Malaysia and Vietnam.

“Chinese authorities have not used the exchange rate in prior easing

cycles to support growth, and they are unlikely to do so now, as this could pose macr

oeconomic stability risk,” said Andrew Fennell, lead sovereign analyst for China at Fitch Ratings.

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ite mixed, very dynamic and very open as well.”

Liu said that according to statistics, about 80 percent of Chinese employees were employed b

y private enterprises, and 80 percent of Chinese exports were done by private companies.

Asked how the US businesses operate in China with the risk of their intellectual property rights b

eing stolen, Liu said many American companies have been established in China and they’re very profitable.

“The great majority of them, I believe, plan to continue to invest i

n China and explore the Chinese market as well,” Liu said. “Now, US President Donald Tru

mp’s tariff makes it a little bit more difficult — makes the future a little bit uncertain.”

Liu said that there is consensus among Chinese people that no c

ountry or individual “can be stronger” and “develop itself” without intellectual prop

erty protection, and that isolated cases do not mean that America is stealing or Chinese people are stealing.

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quality food security system that is more efficient and more sustainable to guarantee the nation’s grain reserves, the statement sai

The US government is the one to blame for its self-contradictory actions that have led to escalating trade frictions with China, the Ministry of Commerce said on Thursday.

The US government has been sending self-contradictory signals, by saying that the two countries

will soon reach an agreement and then saying that it is not ready, said Gao Feng, the ministry’s spokesman.

US President Donald Trump said on Monday in Japan that Washington isn’t ready to strike a trade deal

with China, but he’s leaving open the possibility that the two nations could reach an agreement someday.

Gao said it is hard not to cast doubts on the sincerity of the US.

He added that the escalation of the trade dispute has seriously undermined the basis for further talks and the US is the one to blame.

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ech competition in 1996 in London was sent around Chinese social media, the US website qz.com reported.

“While the Western world views Liu as an unapologetic champion of China’s agenda, many mai

nland citizens regard her as a national heroine defending her country from hostile foreign influences,” Newsweek reported.

On Monday, Regan tweeted: “I look forward to hosting Ms Liu – in a FIRST OF ITS KIND debate on trade – LIVE from Beijing & New York.”

Beijing on Wednesday set up a 5 billion yuan ($724 million) fund to spur development of the fift

h-generation or 5G mobile technology industry, its latest effort to gain an edge in the commercialization of 5G tech.

The fund was established jointly by the Beijing Science and Technology Innovation Investment Management Co Ltd, Beijing

Yizhuang International Investment and Development Co Ltd and State-owned China Jianyin Investment Lt

d. It will focus on investing in leading high-tech firms across the entire 5G industrial chain.

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ed to scale the summit from the Nepali side on May 22 and 23. As a result, crowded conditions form

ed about 100 to 150 meters from the peak, Ma said in Kathmandu, Nepal’s capital. “I was force

d to wait in a line for about 20 minutes on my way down. Such circumstances can be fatal to climbers if the

y panic and consume more oxygen than planned. Also, they can easily get frostbite if they don’t keep moving.”

This year, about 90 percent of the climbers at Qomolangma are

first-timers. Lack of professional training and experience as well as undetected health issue

s should be mainly blamed for the casualties on the mountain rather than the traffic jam, Ma added. “Some expe

dition companies failed to prepare the climbers for crowded conditions which is really irresponsible.”

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has taken a tougher line on protection of agriculture. France, for example, is opposed to including agriculture in transatlantic trade talks.

The Greens are one of the big winners in the elections (even beating Germ

any’s Social democrats into second place), and they will seek to impose strict conditions reg

arding climate change, the environment and human rights on future trade deals. This attitude will also make it dif

ficult to agree a new trade deal with the US, as it has not endorsed the 2015 Paris climate agreement.

Although the nationalist and populist parties now have more seats, it does not mean they will form a united front in the EP. Th

ere are divisions on trade, on the environment and on dealing with China. Some of these parties, such as the Na

tional Front, are seen as firm opponents of free trade, whereas Alternative for Germany and Matteo Sal

vini’s Lega Nord in Italy tend to be more supportive (depending on the content of the trade agreement).

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conomy is accelerating restructuring reform and shifting from an export-dominated growth model to a more services-driven model, they added.

“The United States escalated trade tensions, but it cannot solve any pro

blem. This causes volatility and sluggishness in global financial markets and hurts the global ec

onomy,” said Guo Shuqing, the People’s Bank of China’s Party secretary and also head of the China Banking and In

surance Regulatory Commission. His keynote speech was delivered by a commission spokesman at a forum on Saturday.

Impact on the Chinese economy will be very limited, said Guo. “Chinese finan

cial markets, although they were excessively affected by trade tensions last year, are unl

ikely to be hit more dramatically going forward, as financial resilience is strengthening.”

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