f the escalation of the bilateral trade dispute is not a short det

detour before reaching a deal sooner or later, then the economic impact for consumers in China and t

he US, as well as other parts of the world, will be fairly costly, said Chen Wenling, chief econ

omist at the China Center for International Economic Exchanges.

Whether they buy finished products or goods made from r

aw materials and components, the tariffs still exist, Chen said.

The escalation will make goods produced by both countries less co

mpetitive and cause large-scale job losses, said Chen.

Wei Jianguo, former vice-minister of commerce, said economic conflict

s and trade friction between China and the US that draw global attention will happen fro

m time to time in the future, and these should be rationally regarded and prepared for.

www.wuxianzhongguo.cn

the UN Office for Disaster Risk Reduction and the Alliance of

ernational Science Organizations, a group created to connect the scientific communities of BRI participants.

Bai Chunli, president of the academy, said in the conference’s opening ceremony on Saturday that areas along the Silk Road are

prone to various natural disasters that have resulted in massive loss of life and economic damage.

“As a result, it is paramount to use new technologies and international cooperation to jointly tackle these nat

ural disaster risks, protect ecological security and achieve sustainable development,” Bai said.

The academy will continue to collaborate with foreign partners to create new platfor

ms and mechanisms to improve disaster management and ecological protection, he added.

Mami Mizutori, head of the UN Office for Disaste

r Risk Reduction, said in a video speech that the scale and reach of the world’s largest infrastructure initiative will impact billi

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Govt should accelerate tax cuts to invigorate economy, premi

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Premier Li Keqiang urged government departments to speed up the implementation

of tax reductions to invigorate the country’s economy, amid rising uncertainties about growth on Friday.

Li was speaking with entrepreneurs from the manufacturi

ng, construction and service sectors at the Zhongnanhai leadership compound in Beijing.

The businesspeople said they have received benefits from the tax reduction measu

res in the past months, after the measures were introduced by Li in the Government Work Report in March. They

also offered advice on how to further ease the tax burden on businesses.

After hearing their opinions, Li called tax reduction a great decision made by the Communist Party of China Central Comm

ittee and the State Council. It has boosted market confidence in outstanding ways and promoted the stable

growth of the economy, he said, adding that the positive factors for economic growth are increasing.

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Efforts should be made to give people a more solid and

sustained sense of security, Xi said.Beijing blasts US Congress for Taiwan defense bill

Xi called for reforms in public security work and said big data should be used as a major engine to promote innovation in the sector. More

measures for higher-quality services should be implemented to give the public a substantial sense of fulfillment, he added.

While demanding that high discipline be exercised within the public security forc

es, Xi said there will be zero tolerance for violations of laws and Party discipline.

He also urged Party committees at all levels to suppo

Beijing resolutely opposes the United States House of Representatives for passing a bill on Tues

day to bolster Taiwan’s defense capability, calling it “boorish interference” in China’s domestic affairs.

Foreign Ministry spokesman Geng Shuang made the comment on Wedn

esday after the House voted to pass a nonbinding resolution reaffirming the US commitment to Taiwan. It also backed the

so­-called Taiwan Assurance Act of 2019, which supports Taiwan increasing its defense spending.

rt public security staff in exercising power and fulfilling their responsibilities in accordance with the law.

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The aircraft, a Sukhoi Superjet 100 from Aeroflot Russ

sian Airlines, was bound from Moscow for Murmansk in Russia’s far north.

It made an emergency landing at the airport shortly after takeoff with 73 passengers and five crew members aboard.

The aircraft circled before making a hard landing back at the airport after the crew issued a mayday alert.

As seen in CCTV footage, the plane touched down hard and skidded along the runway, spewing out plumes of black smok

e and nearly completely afire. The plane’s undercarriage collapsed as it slowed to a halt on the tarmac.

Yelena Markovskaya, spokeswoman for the Moscow interregional tr

ansport investigation department of the Investigative Committee of the Russian Fed

eration, said on Monday that 37 people survived, including four crew members.

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when the country is set to reach a mature stage in

 its urbanization process. Lastly, it plans to have development of urban and rural areas fully integrated by the middle of the century.

Under the plan, China will relax restrictions on new migrants to urban areas, excluding some mega cities.

hen Liuqin, founder and director-general of Beijing-based Qin Dian Think Tank, said the stimulus policy d

emonstrates the government’s commitment to pursue a balanced and integrated development of rural and urban areas.

“The integration of rural and urban areas is not meant to eliminate differences between them, but r

ather to optimize allocation of resources and boost common development,” Chen added. “We sho

uld abandon the fixed mindset and consider both rural and urban areas as a unified ecosystem.”

According to Chen, with the high-quality development strategy and more integration, there is huge market potential in many cities.

Specifically, the government will increase spending on rural infrastructure, including roads, ferries and public tran

sport. And it will encourage public-private partnerships in rural infrastructure such as water supply, waste

management and sewage treatment, farmers markets, power supply, telecommunications and logistics.

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Xi congratulates Thai king on coronationorn is crowned

Chinese President Xi Jinping congratulated Thai King

Maha Vajiralongkorn on being crowned officially on Saturday.

On behalf of the Chinese government and people, and in his own name, Xi express

ed in a message sincere congratulations and good wishes to the king and the Thai people.

The king is an old friend of the Chinese people and has been attending to and supp

orting the cause of friendship between the two countries for long, Xi said in the message.

“I attach great importance to the development of China-Thailand rel

ations and stand ready to make joint efforts with you to carry forward the traditional C

hina-Thailand friendship, deepen cooperation in building the Belt and Road jointly, and push forward the comp

rehensive strategic cooperative partnership between the two countries to make bigger headway,” Xi said.

The Chinese president wished the Kingdom of Thailand flourishing and prosperity, and the people happiness and good health.

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Even if they express harsh or partial criticism, we shoul

ld correct our mistakes when we have made any and guard against them when we have not.

The Party should address young people’s concerns in employment,

starting business, integrating into the society, love, marriage and making friends, carin

g for the elderly and raising children, so as to create favorable conditions for their development.

We should educate and guide young people to view the world pr

operly, to understand the national conditions comprehensively, and to grasp the trend of the era.

Communist Youth League asked to mobilize youth for Chinese Dream

The Communist Youth League of China (CYLC) shall unite and lead Chi

nese youth of the new era to strive for the Chinese Dream of national rejuvenation.

The CYLC should serve their duties of guiding and uniting the youth, mobilizing them, connecting them and providing services.

Youth urged to have concerns for humanityThe Chinese youth should work for the building of a community with a shared future for humanity.

iojhx.cn

The forum helped countries upgrade their concept

 of cooperation, defined key areas and strengthened the mechanism to seek high-quality development of the BRI, he said.

Leaders reached wide-ranging agreement on high-quality cooperation on the BRI at the leaders’ roundtable on Saturday after an i

n-depth exchange of views on issues such as connectivity, policy integration and sustainable development.

They supported comprehensive infrastructure connectivity as a way to foster economic growth and to build high-q

uality, reliable, resilient and sustainable infrastructure, according to a joint communique issued after the roundtable.

All parties involved supported strengthening synergies in development policies using the principle

of extensive consultations, joint contributions for shared benefits and building even closer partnerships, the joint communique said.

The leaders also upheld green and sustainable growth and agreed to enhance cooperation in areas such as environ

mental protection, circular economy and clean energy, according to the communique.

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China to support 5,000 people for BRI innovation excha

China will support 5,000 people from innovation sector in Belt and Road countries i

n conducting exchanges, training programs and joint researches in the next five years.

Sustainable development under BRI stressed

China will work with other parties to promote a coalition of sustainab

le cities and an international coalition for green development under the Belt and Road Initiative.

China to invite 10,000 representatives of political parties, think tanks, NGOs from B&R countries

A total of 10,000 representatives of political parties, think ta

nks and non-governmental organizations from count

ries participating in the Belt and Road Initiative will be invited to China for exchanges in the next five years.

China to allow foreign businesses in more sectors with controlling or full stake

China will allow foreign investors to operate businesses in more sec

tors with controlling or full stake. China will roll out a new batch of pilot free trade zones.

www.sdnxs.org