d other leaders of the Sha上海千花网女神会所n Organizatio

member count上海千花网女神会所ries and observer states, as well as r

epresentatives of regional and international bodies, head for group photo

s during the 19th meeting of the Council of Heads of State of the SCO in Bishkek, Kyrgyzstan, June

Xi called for joint efforts to fight the three evil forces — terrorism, separatism and extremism — as well as be

efing up security measures and halting the flow of terrorists and extremist forces.

Noting that Afghanistan is a neighbor of SCO countries and an important observer state in the organiz

ation, Xi said the SCO firmly supports an Afghan-owned and Afghan-led peace and reconciliation process.

SCO countries should cultivate new cooperation areas in such fields

as digital economy, ecommerce, artificial intelligence and big data, he said.

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And given that the other major economies are using fre

e trade zones上海千花网品茶微信j as a strategic means to play geopolitical and geo-economic games, China should accelerate the b

uilding of free trade zones with other countries under the bilateral or multilateral investment ag

reement framework for a diametrically opposite purpose: boosting global economic cooperation.

The focus of international trade policy has shifted from tariffs and licensing to convenient inves

tment and trade facilitation policies, and creating of a business-friendly climate. So while ope

ning up the domestic market and helping improve the utilization of foreign capital, China should also work out de

tailed rules on the foreign investment law, take steps to remove the obstacles to outbound Chinese investments, promote th

e free flow of global and domestic production factors, and expand its economic development space.

Important to reform global governance system

To stabilize the economy and prevent risks, China should seek more govern

ment-funded infrastructure investment projects in fields such as 5G networks, intellig

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mmon interests of the international community he said.

Large crowds gathered in Trafalgar Square in central London on Tuesday to protest against US Presiden

t Donald Trump’s state visit to the United Kingdom.

Trump and his entourage arrived in the UK on Monday and spent the d

ay on ceremonial duties, before the political aspect of his visit began on Tuesday with a m

eeting with outgoing Prime Minister Theresa May, who is resigning at the end of this week.

Just down the road from her Downing Street office where that meeting took place, thousands of protestors assembled f

or a demonstration against Trump’s visit, which included speeches from various people including Labour Party lea

der Jeremy Corbyn, who declined an invitation to dine with Trump during his visit. Also nearby in Parliament Square, the

famous Trump Baby Blimp, created for his visit to the UK last year, was once again flying.

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decline from 85 million in 2018 to 42 million in 2040. In th

he next five to seven years, China’s policy support for new energy vehicles will drive g

lobal growth,” said Kou Nannan, head of research at Bloomberg New Energy Finance.

As early as in 2012, the State Council introduced a pipeline to guide the development of the natio

n’s EVs, with a goal of producing 2 million units and selling 5 million EVs by 2020. Later on, cent

ral and local governments carried out a series of subsidy policies in the NEV industry, such as purchase tax exemption an

d purchase subsidies, to offer greater support to the industrialization of China’s NEV industry.

According to the agency, China will specifically lead in the e-bus market. It is estimated that by

2025, China’s e-bus fleet share will reach 50 percent, and by 2040, the ratio will rise to roughly 80 percent.

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hina to remain steadfast protecting national security

First, China has undisputable sovereignty over islands and their surrounding waters in the South China Sea, backed by a wealth of historical and legal basis,” Shao said.

For a long period of time, various nations’ normal passage and flight in the region have never been obstructed. “There i

s no issue over the freedom of navigation and overflight in the South China Sea,” he said.

However, the US has frequently sent vessels and aircraft to trespass into Chinese mar

itime territory and airspace, and has conducted intense intelligence gathering and special drills in the region.

“These actions damage the peace and security of the region,” Shao said. “As a result, the PLA

has installed necessary defense equipment on the islands in accordance with security needs. This is within

the natural rights of a sovereign state, and a necessary measure to counter those provocative actions.”

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China has to walk a fine balance between local govern

nment debt management and stable economic growth, especially at a time when trade te

nsions with the United States have imposed more downward pressure, said economists.

More financial resources and investors will be involved in the debt resolution process, said Qiao Baoyun, head of the Acad

emy of Public Finance and Public Policy at the Central University of Finance and Economics.

The last round of local government debt swaps started in 2015 and ended in August 2018, w

hich saw 14.34 trillion yuan ($2.08 trillion) of local government debt being swapped into bonds.

Local governments are set to face more debt burden in the next three ye

ars, as many of the previously issued bonds are set to expire, income from land sales has

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the WTO is for the benefit of the public, not a tool for par

embers. If its members cannot reform the architecture and resolve the key issues, they may all end up in various regional groups.

“Many bilateral tensions or challenges countries are facing today requir

e a multilateral response, and WTO reform is definitely needed, especially in the area

s of trade and investment,” said Xue Rongjiu, deputy director of the Beijing-based China Society for WTO Studies.

Chen Fengying, a senior economics researcher at the China Institutes of Contemporary Internationa

l Relations, said the US government seems to have made driving WTO reform its priority so that the country can claim the high gr

ound in global trade and lead the process for making new rules and establishing a new global trading system.

This move poses a challenge to the WTO and its basic principles including that of most favored nation status and national treatment, she said.

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Only toward the end of the last century, global econom

 integration-trade, investment and finance-began benefiting large emerging and developing econ

omies. To be sustainable, globalization cannot serve just a few wealthy advanced economies. It m

ust also serve poorer and faster-growing economies, which today account for most of the global growth.

So, by flirting with trade protectionism and punitive tariffs on imports, adva

nced economies are seeking to implement the wrong policies at the wrong time. As the adv

anced countries have fallen into secular stagnation, they desperately need growth. Therefore, the rise of poorer eco

nomies is not a win-lose game, because it benefits the advanced economies, too.

In the aftermath of the 2008 global financial crisis, all major advanced econom

ies would have faced another Great Depression without the support of large emerging economies, particularly Ch

ina. And the contribution of these countries to global GDP growth is expected to climb to 80 percent by 2050.

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Embrace exhibition through greener lifestyle at the

The Beijing International Horticultural Exhibition opened just two days before the May holiday, giving

the public a close-up view of state-of-the-art gardens created by horticulturists from around the world.

China hosted a similar exhibition in Kunming, Yunnan province, in 1

999. In the two decades since, the social and economic situations in China have unde

rgone tremendous changes. A growing awareness of environmental protection is one of them.

Two decades ago, the Chinese people embraced the Kunming horticu

ltural show as a novelty and curiosity because the countr

y at that time did not have many opportunities to host large international gatherings.

Economic development at the time was the top priority of the country,

which explains why the news media were so interested in reporting that 15 billion yu

an ($2.23 billion) in economic and trade deals were inked during the exhibition.

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need to promote exchanges among civilizations and

 dialogues based on harmony in diversity and inclusiveness. We need to undertake the cultural responsibility of inter

national communicators, and let exchanges of culture and among civilizations, as well as mutual learning, co

nstantly serve as bridges for people’s friendship, the impetus of international cooperation and bond of world peace.

Second, we should become builders of world peace and development. The wheel of humanities’ de

velopment is unstoppable. Peace, reconciliation and harmony are historical trends. Equality, mut

ual trust and win-win cooperation are historical necessities. Yet, as international conventions are attacked an

d multilateral mechanisms are challenged, the anti-globalization tendency rises, and unilateralism and tra

de protectionism are becoming increasingly fierce. We must adamantly safeguard the contemporary interna

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