The visit will further display the strength of bilateral tie

ties, which are developing “very good” momentum both politically and econom

ically, said Ruan Zongze, vice-president of the China Institute of International Studies.

Trade between the two countries “made a major breakthrough” and exceeded $100 billion in 2018, and the two permanent mem

bers of the United Nations Security Council have been coordinating closely on major international issues, Ruan said.

This year marks the 70th anniversary of the establishment of bilateral ties, which are said to have reached their best level in history.

Also, the attendance of the two countries’ leaders at each other’s internat

ional forums shows both sides’ support for an open global economy, Ruan added.

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China you picked the wrong fight!” Regan tweeted on

On May 22, on her own program, The Point With Liu Xin, Liu a top anchor on the English-languag

e channel of CGTN, said the $600 billion figure is an estimate by a nonprofit organization that had not been verified.

Liu said it refers to the US’ possible IP loss to the world in a year, according to the organization’s report, China Daily reported.

She said Regan’s points were “all emotion” with “little substance”.

Regan responded on Twitter: “Hey #China State TV – let’s have an HONEST debate on #trade. You

accuse me of being ’emotional’ and not knowing my facts – wrong! You name the time and place, and I’ll be there!”

In accepting the challenge, Liu wrote on Twitter: “My name is not #China State TV. It’s LIU Xin and ple

ase, feel free to call me Xin. … But I don’t want to play any mud throwing game, if that’s what you prepare to do.”

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a socialist economy with Chinese characteristics … we are q

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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The postponement certainly will influence the festive atm

tmosphere in the city during the Duanwu Festival, said the official. But the decision has been t

aken for good reasons. It’s all about the children, an investment in the future, the official said.

More than 10 million students across the country will sit for the gaokao this year.

he much-anticipated debate between a Chinese anchorwoman and an A

merican counterpart on a prime-time TV show Wednesday night turned out to be more like

a Q&A session, with the host and her guest disputing everything from tariffs to China’s developing nation status.

But Trish Regan, host of Trish Regan Primetime on the Fox Business N

etwork, and Liu Xin, who anchors The Point on China Global Television Network, or CGT

N, seemed to agree that something must be done to break the impasse between China and the US, which are em

broiled in a protracted trade dispute with the Trump administration escalating tariffs and Beijing retaliating.

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The country will allow overseas investors to trade more

types of onshore commodity futures contracts without registering a Chinese entity, and will continuously improve the relate

d rules, Lu Dongsheng, an official with the China Securities Regulatory Commission, told a forum on Tuesday

Lu also announced other measures to develop China’s commodity fut

ures market, such as accelerating the launch of ricThe Shanghai Futures Exchange will open

up its nonferrous metals futures contracts to foreign investors, Jiang Yan, Party secretary of the exchange, said at the s

ame forum. The bourGuo Shuqing, head of the China Banking and Insurance Regulatory Commissiose will also list a n

ew type of futures contract, TSR20 Rubber, which will be available to both domestic and foreign investors, he sai

d.Lu also announced other measures to develop China’s commodity futures market, such as accelerating the launch of

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ang said by the end of this year, 5G network construc

The Beijing municipal government plans to invest at least 30 billion yuan by 2022 to build 5G networks, according to a 5G devel

opment plan released in January. In Beijing’s road map for 5G development from 2019 to 2022, the municipal gov

ernment has set a goal to develop its 5G-related industry to realize an income of 200 billion yuan by 2022.

The city said it hopes that by 2022, Beijing-based scientific research

units and enterprises can be a key contributor to global 5G technical standards, acc

ounting for more than 5 percent of all primary and essential international 5G patents.

Huang Jianjun, vice-president of China Jianyin Investment Ltd, said 5G technologies have been deeply integrated with

artificial intelligence, big data, the internet of things and other emerging technologies, ushering in a new era of in

ternet of everything and deep interaction between humans and machines.

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President Xi Jinping visited the JL MAG rare-earth Co

 on May 20 in Ganzhou, Jiangxi province, during a three-day inspection tour.

Xi learned about the rare-earth industry’s development in Ganzhou, a major producer of rare-earth resources and products

in China. During the seven trading days from May 20 to Tuesday, the A-share listed company hit the 10 percent da

ily upside limit six times, with its share price rising by 90 percent after closing on Tuesday.

xperienced climbers and guides called for alpinists without adequate training to think tw

ice before taking on the world’s highest peak, especially during a crowded climbing season.

As of Tuesday, the death toll of climbers attempting to reach the summit of Qomolan

gma — known as Mount Everest in the West — reached 11 during this climbing season. Nine died on the Nepali s

ide and two on the north face of the mountain in China’s Tibet autonomous region, according to media reports.

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ue to encouraging weather forecasts, many teams decid

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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rche which, under threat from Marine le Pen’s National

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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These parties tend to look at trade agreements purely from

m a nationalist point of view and if a trade agreement is seen as overall beneficial for their co

untry, they could support it. For instance, Italy voted in favor of the EU agreement with Japan but again

st the agreement with Canada. The content of the agreement is key. For instance, these parties do not like clauses tha

t curtail the powers of single EU member states, such as the establishment of new regulatory or arbitration bodies.

Another uncertainty is Brexit. Whether it will happen or not? And what might change under

a new British prime minister? The new Brexit Party under Nigel Farage was the clear leader in the EP

election in the United Kingdom, but the UK’s 73 EP members have to leave the EP as soon as Brexit takes place.

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