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I think the manufacturing industry feels the same thi

Holden is positive about the future of the relationship. “Honestly, both countries need each other,” he said.

“We need to be able to sell products in China. The Chinese population is wanting the goods that we can

produce here. China also gives us a workforce in some of our industries, which makes them com

petitive globally,” said Holden, who opened Missouri’s first trade office in China during his term from 2001 to 2005.

“I think there are advantages and opportunities on both sides if we ca

n 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-bu

siness relationships as potential areas of cooperation between China and the US, an]

d he suggested such cooperation could start from subnational bilateral exchanges.’

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In a statement on May 16, Huawei said that losing acce

ss to US suppliers “will do significant economic harm to the US companies” and affect “tens of thousands of US jobs”. In total, US firm

s sold an estimated $11 billion worth of components to Huawei last year, according to earlier media reports.

“I’m not able to tell you exactly what the costs will be; it differs from company to company,” said Allen.

“But clearly, from a corporate perspective, this Department

of Commerce action has created costs and has escalated the uncertainty quite a bit.”

Asked to comment on some voices in the US calling for the “decoupling” of the two countries, especially in the technology sect

or, Allen said both sides should pursue a playing field of “smart competition and engagement”, in which the

y play by a “common set of rules” that are mainly set by World Trade Organization obligations.

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alwai highly commended China’s achievements in its ref

form and opening-up drive, and said the country’s success has not only brought changes to itself, but als

o has profound and positive influence on the world. Vanuatu firmly honors the one-China policy

and supports the Chinese government in its efforts to realize peaceful national reunification, he added.

oreign investors may get access to more onshore commodity contracts 

China will give foreign investors more access to its commodity futures market as part of it

s continuing efforts to strengthen the real economy, the top securities regulator said on Tuesday.

The move will benefit both overseas and domestic market participants, and

the opening-up of the stock index futures market will also speed up, experts said.

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to see that with the right structure, we can get tons of be

Lu Yong, vice-president of Huawei Technologies Co, said China’s d

igital economy has thrived on the basis that China has built the world’s largest 4G network.

“5G is not just a faster 4G. It will fundamentally reshape how enterprises run busine

sses and overhaul a wide range of industries by using data to create more value,” Lu said.

Foreign Ministry spokesman Lu Kang reiterated on Monday that China

has been holding a consistent position in trade frictions with the United States, say

ing the differences should be resolved through friendly consultations and negotiations.

Lu’s remarks came as US President Donald Trump said in Japan that the US isn’t ready to make a trade deal with Ch

ina, but he’s leaving open the possibility that the two nations could strike an agreement someday.

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Under the trade pressure, the world’s second-largest econo

onomy is accelerating restructuring reform and shifting from an export-dominated growth model to a more services-driven model, they added.

“The United States escalated trade tensions, but it cannot solve any problem. This causes volatility and sluggishness in global financial markets an

d hurts the global economy,” said Guo Shuqing, the People’s Bank of China’s Party secretary and also head of the China Banking and In

surance Regulatory Commission. His keynote speech was delivered by a commission spokesman at a forum on Saturday.

Impact on the Chinese economy will be very limited, said Guo. “Chinese fi

nancial markets, although they were excessively affected by trade tensions last year, are un

likely to be hit more dramatically going forward, as financial resilience is strengthening.”

The huge domestic consumer market in China will digest most of the un

salable exports, and many of China’s exports will also shift to other foreign markets. The US will con

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Zhang lives a life of simplicity, purity and indifference to

 fame and fortune, serving as a role model for military officers, rank-and-file soldiers and veterans across the country, Xi said.

Zhang, a member of the CPC, was a soldier of Brigade 359 of the Northwest Field Army, o

ne of the main forces of the Chinese People’s Liberation Army during the Liberation War between 1945 and 1949.

He was honored by the Northwest Field Army several times for performing meritorious deeds as he braved enemy fire. He

was twice given the honorary title of Combat Hero. When he retired from the PLA, Zhang chose to work in the pov

erty-stricken mountainous areas in Laifeng, a remote county in Hubei province. He dedicated his life to the peo

ple, holding posts ranging from community-level government official to deputy manager of a local bank.

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Pompeo said in an interview with CNBC that, “We’ve been

working at the State Department to make sure that everyone understands the risks.”

“Recently, some US politicians have repeatedly made rumors about Huawei but canno

t provide any evidence that other countries have requested,” Lu told a daily news conference.

He noted that the US public is having more and more doubts over the market turbulen

ce and undermined industrial cooperation caused by the trade war and technology war initiated by the US.

“So some US politicians have continually created rumors, tr

ying to mislead the public and stir up ideological opposition, which is illogical,” Lu said.

Ideological differences do not necessarily impede tra

de, industrial and technological cooperation between countries, he said.

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Winter Games: 1,000 days to gontdown activity unfolds in Be

With 1,000 days to go before the 2022 Winter Olympics, pr

eparations are well underway for a successful and sustainable event.

Built for the 2008 Summer Games, Olympic Park in Beijing’s north

ern downtown area entered the spotlight again on Friday as the country began its cou

ntdown. The 2022 Winter Olympics, will be held in Beijing and co-host Zhangjiakou in adjacent Hebei province.

As the symbolic “1,000” flashed on a digital clock on the park’s Lin

glong Tower, a broadcasting facility for the 2008 Games, expectations were heig

htened for the winter sports extravaganza, which will run from Feb 4 to 20 in 2022. Three zones will feature athl

etic events — downtown Beijing, the city’s northwest Yanqing district and Zhangjiakou’s mountain district Chongli.

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Boosting rural areas will help solve dilemmas of ove

rcrowding and rampant construction plaguing cities, and the development of cities will also offer unique ways to bring about rural revitalization,” Chen said.

“As restrictions on hukou will gradually be removed, cities need to be well-prepared to offer

accommodation and employment opportunities, and allow children of migrant workers to have equal access to education,” Chen added.

China has made steady progress in urbanization, as the ranks of permanent urban r

esidents stood at 831 million at the end of 2018, up 17.9 million from the previous year, said the National Bureau of Statistics.

Last month, the National Development and Reform Commission said it

plans to increase the urbanization rate by at least 1 percentage point by the end of this year.

Shen Chi, vice-director of the China Center for Urban Development, said the government’s new

plan will help foster high-quality and sustainable economic development across the nation.

“Relaxing the hukou policy will be a key step in promoting the free flow of labor across

the nation,” Shen said. “A systematic consideration and arrangement of the integratio

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Probe begins after Boeings off runway into Florida river

A team of 16 federal investigators was traveling to Jacksonville, Florid

a on Saturday after a Boeing jetliner with 143 people on board slid off a runway into a sha

llow river while trying to land at a military base during a thunderstorm, injuring 21 people.

The Boeing 737-800 chartered by the US military was arriving from Na

val Station Guantanamo Bay in Cuba with 136 passengers and seven crew members when it slid

into the St. Johns river at the end of the runway at Naval Air Station Jacksonville, authorities said.

No one was badly hurt and the 21 people taken to a hospital w

ere listed in good condition, the local sheriff’s office said.

The National Transportation Safety Board said on Twitter th

at 16 investigators were arriving in Jacksonville on Saturday.

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