tions at the Brussels summit, has pledged to intensify discussions on the rules concerning in
dustrial subsidies, a priority for the WTO reform for the EU. This is being seen as a breakthrough by the EU side.
In fact, almost all countries provide subsidies for domestic companies in certain sectors, and i
n most cases, China has given subsidies to Chinese companies in strict accordance with WTO rules as its ultim
ate goal is to achieve complete marketization. Yet intensifying discussions on industrial subsidies and other
sensitive issues, including intellectual property rights protection, is a step that must be taken to not only addre
ss WTO members’ concerns, but also invigorate the organization and the global trading system.
China, US should jointly promote WTO reform
Chen Fengying, a senior researcher in world economy at the China Institutes of Contemporary International Relations
The Office of the United States Trade Representative seems to have made dr
iving the WTO reform its priority so that Washington can claim the discourse rights in global t
rade mechanisms and lead the process for making new trade rules and establishing a new global trading system.
the foreign investment law, a landmark legislation that will provide stronger protection a
nd a better business environment for overseas investors. The law will become effective on Jan 1, 2020.
Artificial intelligence will bring about changes as fundamental as t
hose enabled by electrification, argues Li Kaifu, Chinese artificial intelligence specialist and fo
under of the venture capital firm Sinovation Ventures. He says that China is leading in real-world applications of AI to bus
inesses, factories and cities, and is catching up with the United States in basic research.
Li’s technological optimism contrasts with a widespread pessi
mism about technology prevalent among thinkers from Silicon Valley.
For example, famed venture capitalist Peter Theil uses the slogan “We wanted flying cars, ins
tead we got 140 characters” as the subtitle of his investment fund. In many interviews, he ha
s explained that we’ve seen “innovation in the world of bits, but not in the world of atoms”.
om countries involved in the BRI have visited Hainan annually to study agricultural technology, including Nanf
an’s breeding program, which is “playing the role of Silicon Valley for the country’s seed industry”, Wang said.
Hainan’s climate and biological resources have made Nanfan an important nati
onal center of seed propagation. Every winter, more than 7,000 domestic agricultural scientists and
workers are busy at the Nanfan centers. More than 70 percent of the country’s 7,000 crop varieties have been cul
tivated in the tropical island province, which is building a global resources center, National Business Daily reported.
“With good stress resistance and higher yields, hybrid rice seeds developed by Nanfan’s cen
ters are being welcomed in Southeast Asian countries,” said Xie Zhenyu, an assistant research fellow at the R
esearch Institute of Tropical Crop Germ Plasm under the Chinese Academy of Tropical Agricultural Sciences.
“We have sent farming experts to hybrid rice growing areas overseas, and we give local farmers guidance, training and planni
ng for future development,” said Xie, who has worked as an expert in Vietnam, Myanmar, Cambodia and Gambia.
China and the United States are expected to come to an agreement soon over trade frictions, analysts said, as the negotiating teams a
re reported to be discussing the wording of an accord and considering applying the brakes to their tariff standoff.
They made the prediction after Chinese and US officials said there had been concrete p
rogress on multiple issues in the latest round of trade talks in Washington.
During the latest talks, held from Thursday to Sunday in Washington, the seventh round since February of last year, th
e two sides focused on the text of an agreement, the Chinese delegation said, according to a Xinhua News Agency report.
The negotiators also had made substantial progress on such specific issues as technology transfers, protection of i
ntellectual property rights, nontariff barriers, the service industry, agriculture and exchange rates, the delegation said.
On the basis of the latest progress, the two sides are expected to continue their work
into the next stage, in accordance with the instructions of the two countries’ top leaders, according to Xinhua.
BEIJING — Seven out of 10 fugitives bearing class-A wanted orders had been caught by the end of January, the Ministry of Public Security said over the weekend.
The 10 wanted orders, all targeting suspects of major economic crimes, were issued on Jan 11.
Among the seven detained, two turned themselves in as suspects of cattle stealing and telecom fraud, respectively.
The ministry called on the public to give information on the wanted and pledged to re
ward those offering effective leads.The picture show a polar bear leaping across the water from one block of i
ce to another, gazing up at the drone and feeding on a fresh kill, Devon Island, North of Canada。
WASHINGTON — The global surface temperature in 2018 was the fourth wa
rmest in the modern record, showed an annual analysis released on Wednesday.
Global temperatures in 2018 rank behind those of 2016, 2017 and 2015 and the past five years are, collectively, the war
mest years since 1880, according to scientists at the United States space agency NASA.