hina to issue white paper on China-US economic, trade

 China will issue a white paper about its stance on economic and trade talks with the United States Sunday morning.

The white paper, titled China’s Position on the China-US Economic and Trade Consultat

ions, will be released at 10 am on June 2 by the State Council Information Office, which will also hold a press conference.

China has raised additional tariffs to a maximum 25 percent on part of the $60 billion worth of US pr

oducts, effective June 1, according to a statement by the Customs Tariff Commission of the State Council.

The rates of additional tariffs on some of the products will be increased to 25 percent, 20 percent, and 10 percent, re

spectively. The 5 percent additional tariffs applied to some products remained unchanged.

The move came after the US’ latest tax increase on $200 billion worth of Chinese goods from 10 percent to 25 percent.

 

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In 2018 alone, 8.5 metric tons of mountaineering-rela

ated trash was collected over the region’s spring climbing season. In 2019, 8.21 metric tons of various domestic waste and 2.46

metric tons of sanitary sewage was collected after the mountaineering season,” said Tashi Gyatso.

According to Nyima Tseringa, the head of the region’s sport

bureau, the Tibet Mountaineering Guide School has been playing an important role in mountain rescue.

“Founded in 1999, it is world’s second and China’s first such school, fo

r training mountaineering talent,” said Tsering, vice-chairman of the China Mou

ntaineering Association. “Teams from the school have performed 29 high-altitude

rescues in recent decades, and have set the rescue record above 8,500 meters.”

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Terracotta Warriors begin tour of duty at Australian museum

Eight life-size Terracotta Warriors from China are among the works sho

wn as part of a rare exhibition being hosted by the National Gallery of Victoria in Melbourne.

The exhibition, Terracotta Warriors: Guardians of Immortality/Cai Guo-Qiang: The Transient Landscape, runs from May 24 to Oct 13.

It offers a new perspective on China’s traditional culture with more than 160 exhibits

on show, including the Qin emperor’s Terracotta Warriors, which were discovered in 1974 in China’s nor

thwestern Shaanxi province, and are widely described as one of the wonders of the world.

The exhibition features eight warriors and two life-size horses from the im

perial army, as well as two half-size replicas of bronze chariots, each drawn by four horses.

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“I think there are advantages and opportunities on b

oth sides if we can get people to sit down and really look at how do we put these pieces together,” Holden said.

He listed infrastructure, energy, education and business-to-business relationships as potential areas of coope

ration between China and the US, and he suggested such cooperation could start from subnational bilateral exchanges.

“It’s so important to be working at the state and local level. Because in that fashion, by buildin

g these relationships now, hopefully we get a more stable relationship nationally going forward,” said H

olden.hina’s relevant government department decided to open an investigation into US shipping company Fed

Ex, for suspected infringement of Chinese customers’ legitimate rights and relevant laws and regulations.

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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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t of Tesla Inc. The official website of Tesla even crashe

The development of national economic and technological development zones should stick to innov

ation and opening-up, prioritize high-quality output, and remain market-oriented, the circular said.

A slew of approaches will be taken to beef up the open econom

y quality of the development zones, including diversifying ways of utilizing foreign inves

tment and introducing multinational enterprises’ regional headquarters, research and development cent

ers, and finance departments. Improving the quality of foreign trades and supporting qualified development zone

s to establish comprehensive bonded areas also are among the plans.ent zones, in a bid to boost their international co

mpetitiUS electric car maker Tesla Inc priced its China-made Model 3 vehicles from 328,000 yuan ($47,529) on Friday, acco

rding to a report from wallstreetcn.com. The first pre-order for Tesla Model 3 was completed in just three min

utes after registration started on Friday morning, according to the official Sina Weibo accoun

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Pacts set to be signed during Xi’s state visitbal strateg

Pragmatic cooperation, global strategic stability high on Sino-Russian agenda

Beijing and Moscow will sign around 30 cooperation documents d

uring President Xi Jinping’s state visit to Russia next week, including two joint statements on bilateral t

ies as well as on global strategic stability, Vice-Foreign Minister Zhang Hanhui said on Thursday.

Xi will kick off a three-day state visit to Russia on Wednesday at the invitation of Russian President

Vladimir Putin, and attend the 23rd St. Petersburg International Economic Forum to be held between June 6 and June 8.

The two presidents will witness the signing of an array of agreements on business d

eals in areas such as trade, investment and energy, Zhang said at a media briefing in Beijing.

This year marks the 70th anniversary of diplomatic ties between

China and Russia, and Xi’s visit will mark a milestone for both countries, Zhang said.

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On Tuesday, a picture showing a questionnaire that a lo

ocal kindergarten had used to ask children whether they we

re involved in gangs went viral on the internet. The local educational bureau said that the rese

arch was meant to stop bullies in kindergartens instead of finding gangster members.

Over 90 percent of Hong Kong college students responding to a survey said they were optimistic about the country’s fut

ure, and more than 80 percent said they would like to work on the mainland according to a report released Wednesday.

The HKUYA Student Exchange Network published the report based on a survey they carrie

d out between February and March on Hong Kong college students’ employment intentions for the mainland.

Nearly 75 percent of respondents said the major reas

on for them to work on the mainland is a plethora of job opportunities.

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Wuxi officials punished over kindergarten ‘gang’ question

Three officials in Wuxi, East China’s Jiangsu province, have been gi

ven Party and administrative punishments on Thursday over an inappropriate question about

whether kindergarten children were involved in gangs, the local government said on its official Wechat account.

According to the government of Wuxi’s Xishan district, Feng Dongyan, director and Party chief

of the Xishan Education Bureau, has been given the punishment of warning within the Party.

Wang Zhaoyu, director of the educational bureau’s general office, has been given a serious warni

ng within the Party and removed from office. Lu Zhongxian, director of the bureau’s educational equi

pment and student aid management center, was also given a serious warning and dismissed.

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In May, the offshore RMB exchange rate against the US do

dollar dropped more than 3 percent under market pressure as global investors worried about the escalation of trade friction.

Guo Shuqing, Party secretary of the People’s Bank of China, the central bank, said on Monda

y that higher US tariffs on China’s imports triggered financial market volatility, and this also affected the offshore RMB.

The currency’s depreciation was purely caused by market forces, a

d China has never taken any measures to deliberately devalue the currency to make its exports more

attractive, said Guo, who is also head of the China Banking and Insurance Regulatory Commission.

According to Guo, the short-term fluctuation of the RMB exchange

rate was normal, and the depreciation will not last long given the stable economic growth base.

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