Asked whether China will retaliate by targeting certain US co

 companies, Lu said that as for foreign enterprises operating in Chi

na, there is no need for them to worry as long as their businesses are law-abiding.

S President Donald Trump issued an executive order on Wednesd

ay in which he declared a national economic emergency and banned the technology and

services of “foreign adversaries” deemed to pose “unacceptable risks” to US national security.

The US intention is so obvious that media outlets around the world have without exception interpr

eted this as targeting Huawei, by excluding the Chinese telecommunications giant from US networks.

Washington has repeatedly claimed that Huawei’s equipment poses a security threat, but for all the sound and fury, it sign

ifies nothing, as it has never produced any credible evidence, indeed any evidence at all.

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Trade agreements can affect the types of goods being

traded and they can redirect trade toward one country, away

from others. They cannot directly affect any country’s worldwide current account balance. A count

ry that saves less than it invests will have to borrow foreign funds to import foreign goods to make up that difference.

There are two ways to reduce the US trade deficit. A serious recession would reduce investme

nt, but nobody advocates that as a strategy. The only other path is to change the US financial and gove

rnment system to encourage increased savings. China has almost nothing to do with it.

Ironically, the disputes between the US and China center around both nations’ legitimate desires to

protect some current low-skilled jobs, or at least to allow an easier transition to new jobs and industries.

US administration’s economic policy has rightly focused on the need to

retain jobs for working-class people in the US. And, China’s companies that export to the U

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he premier attached great importance to such measur

asures as reducing the rate of the value-added tax, increasing the

tax exemption for research costs and reforming individual income tax.

The measures should not only ease the tax burden for manufacturing com

panies but also reduce taxes for construction enterprises, which provide a great num

ber of jobs, Li said, adding that all industries should be covered by the benefits of tax cuts.

Li pledged more efforts to urge government departments and State-owned e

nterprises to pay off their debts so that the effects of tax reduction are not diminished.

The government will take further measures to deepen reform and opening-up, en

courage innovation and entrepreneurship and promote fair competition, Li said, adding that com

panies should also seize the opportunity to promote high-quality growth.

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The authors were Lei Ruipeng, professor of bioethics

 at the School of the Humanities and Centre for Bioethics at Huazho

ng University of Science and Technology in Wuhan, Hubei province; Zhai Xiaomei, prof

essor of bioethics and health policy at the Chinese Academy of Medical Sciences’ Centre for Bioethics, in Beijing; Zhu

Wei, an associate professor at Fudan University’s Centre for Applied Ethics in Shanghai; and Qiu Renzong, a philosophy of sc

ience and bioethics professor at the Chinese Academy of Social Sciences’ Institute of Philosophy, in Beijing.

“We think the authorities should step up their efforts to improve the governance of et

hics in scientific research in light of the loopholes exposed in He’s case,” Zhai told China Daily.

Results of further investigations in the case should be made public, including the penalties given to all involved, she said.

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The disabled, whether fully or partial, will be the priori

ity in nursing services,” Jiao said. “We will release a detailed standard for evaluating nursing services for the disab

led elderly population, including psychological needs, so the services will aim precisely at those most in need,” she said.

Xi Huan, vice-president of Beijing Hospital, said major medical institutions need to m

ake more efforts to improve services for the elderly, including the promotion of disease prevention edu

cation and increased follow-up visits for elderly patients who have been discharged from the hospital.

“Big hospitals should provide more help for elderly patients, and more follow-up nursing services after they leave the ho

spital, so they can get timely help if problems occur at home or at community health centers,” he said.

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We should extract the essence of Chinese traditional cult

ulture, which has contemporary value and relevance to the modern world, and show it. In this way we can on the one hand

tell the world how and why China is what it is, and on the other have Chinese and other civilizations create benefits for mankind.

It is hoped that the Conference on Dialogue of A

he measures that President Xi Jinping recently proposed to encourage foreign investment and further

opening-up in China are welcome developments that address the international community’s concerns, according to experts.

“The promises made are very positive, and all of them are helpful,” William Overholt, senior

research fellow at Harvard’s Kennedy School of Government, said of Xi’s keynote speech at t

he opening of the Second Belt and Road Forum for International Cooperation in Beijing.

Xi brought up a series of reform and opening-up measures, including expanding market access for foreign invest

ment in more areas and working harder to ensure the implementation of opening-up policies.

sian Civilizations will make fresh contributions to the construction of the community of shared future for mankind.

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President’s May Fourth Movement call heard by university

Students look for ways to apply Xi’s ideas into their academic, professional lives

The speech made by President Xi Jinping on Tuesday addressing

young people has sparked lively discussions among students and teachers.

At a gathering to commemorate the centenary of the May Fourth Movem

ent in the Great Hall of the People, Xi, who is also general secretary of the Communist Part

y of China Central Committee and chairman of the Central Military Commission, urged the country’s youth to u

phold Marxism beliefs, follow the Party’s leadership and devote themselves to the nation and the people.

Zhang Dongjie, a senior at Peking University, said Xi’s remarks made him feel that young people should combine pers

onal aspirations with national rejuvenation and devote themselves where there’s a need.

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Guests share thoughts on president’s speech

What impressed me most is that President Xi highlighted the importance of sustainable d

evelopment. The hosting of the Horticultural Expo is the best chance to raise people’s attention to the conce

pt of sustainability, both in China and around the world.President Xi outlined his commitment to open and gre

en development as well as underlined China’s dedication to conserving the ecosystem now and for generations to come.

Xi’s call for countries to work together for the common goal o

f improving the global ecosystem aligns well with the Paris Agreement. This is an excellent foll

ow-on from the commitment outlined in the communique from the Belt and Road Forum.

In this communique, to which the UAE is a signatory, countries ag

reed that cooperation will be open and clean, with green development promoted.

The expo attracted widespread global participation, and I think everybody will recog

nize China’s vision in green development and its resolve to build a green future.

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He described the Belt and Road as a grand and peace

ful initiative, and credited the initiative for connecting countries from different regions, with different nationalities and cultures.

The BRI will provide a strong impetus for global economic growth and prosperity, he added.

Switzerland supports the BRI and commits to promoting the initiative in Europe, Maurer said.

He added that the country hopes to deepen bilateral cooperation in trade, investment and innovation with the initiative’s framework.

China and Portugal signed a series of cooperation documents on Monday — includin

g a framework agreement on third-party market cooperation — to strengthen their bilateral ties.

President Xi Jinping and Portuguese President Marcelo Rebelo de Sou

sa witnessed the signing of the documents in the Great Hall of the People in Beijing.

In talks with Rebelo de Sousa, Xi said China and Portugal are important strategic partn

rs for each other, with great convergence in their interests and strong complementary aspects in their economies.

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Thanks to the integration of its online-and-offline bus

inesses, McMillon said brick-and-mortar stores have become hybrid, and forward fulfillment centers.

He said Sam’s Club has been gaining strength in the country. The high-end m

embership store that was launched in China in 1996 has about 2 million members nati

onwide. By 2020, there will be 40 such clubs either in operation or in construction in the country. The format ha

s 23 stores currently in 19 cities stocking quality fresh food and membership products.

Globally Walmart has 11,300 stores, with a third of them large stores.

According to Kantar Worldpanel, in 2018 Walmart’s market share was 5.4 percent, an improvement from t

he 5.2 percent in 2017. Last year it opened 33 new stores, including 21 hypermarkets, four Sam‘s Club and eight compact stores.

Jason Yu, general manager of Kantar Worldpanel China, said Walmart has to roll out

more innovations to further improve its operational efficiency and achieve growth through

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