Chinese economy can reach its indicative growth target of 6-6.5 percent in 2019.

Lower growth rate may mean more room for adjustment

Most Chinese economists seem quite comfortable with this targeted range. One explanati

on is that China’s potential growth rate is 6-6.5 percent, and a target should be set accordingly. Another is that a

lower growth rate would give the economy more room for structural adjustment.

From 1978 to 2008, China averaged an impressive 9.5 percent annual g

rowth rate. Then the global financial crisis struck, causing growth to plummet from 9.7 p

ercent in the third quarter of 2008 to 6.6 percent in the second quarter of 2009. A 4-trillion-yuan ($640 billion) sti

mulus package, introduced in November 2008, soon brought about a powerful rebound, with GDP growth rea

ching 12.1 percent in the first quarter of 2010. But since then China’s economic growth has been declining, partly b

ecause the government withdrew its stimulus. Last year, China’s GDP grew by 6.6 percent.

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four decades has been a blessing to not only our two countries, but the whole world,” said Cui Ti

ankai, Chinese ambassador to the US, in his remarks during the awards presentation.

“And the essence of the 40-year story is amity between the peoples, which lays the foundation for

and shapes the future of our relations,” he said, adding that the stories shared by peoples from the two cou

ntries through the My China Album series will always “be a source of inspiration and motivation for us”.

Hundreds of US citizens participated in the series from Feb 6 to April 19, sharing their personal stories about China thro

ugh photos and captions. Ten of the participants were recognized for their genuine and touching stories.

“I was so honored to win first place in this year’s My China Album,” said

Max Horne, an incoming Harvard University freshman who visited Yunnan province years a

go and studied the Naxi culture, a local ethnic group. “There’s endless culture for us to appreciate.”

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 future for mankind in his speech at the headquarters of the United

ations in September 2015, and in his report for the 19th National Congress of the Communist Par

ty of China in October 2017, Xi has pledged on different occasions to build a peaceful, safe, prosperous, open, inc

lusive, clean and beautiful world to let the sunshine of a community of shared future for mankind illuminate the world.

The world, which is going through a phase of adjustment that fea

tures huge development and fundamental changes, faces great and unfamiliar turbulent situ

ations — the overall trends of peace and development are irreversible, while instabilit

y and uncertainty are prominent. Some problems and challenges are unprecedented, and the int

ernational community faces crucial choices concerning the future of the world and the fate of humanity.

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Piraeus Port is the largest port in Greece. On Aug 10, 2016, COSCO Shipping (Hong Kong) Co Ltd, a subsidiary of China COSC

O Shipping Group, became a controlling shareholder of the port and started operating the facility.

Around 290 million euros are expected to be invested by the company for the expansion of a crui

se terminal, improvement of a ship repair wharf and a new multi-storey garage of roll-on roll-off ship wharf.

The port, as an important meeting point of the Silk Road Economic Belt and the 21st Cent

ury Maritime Silk Road, has become one of the fastest-growing container ports in the world in recent years.

Under the joint operation of Chinese and Greek enterprises, the port’s infrastruct

ure conditions and operational capabilities have been greatly improved. The freight hub has become increas

ingly prominent, not only providing more jobs, but also promoting local economic development and be

coming a model of win-win cooperation under the Belt and Road Initiative.

uoxkw.cn

 in their favor. Hundreds of thousands of people marched through London on Saturday calling for a new referendum on whether to leave the EU or remain.

But with the deadline for a Brexit decision less than three weeks away, British poli

ticians remain divided, and increasingly despairing about the country’s political gridlock.

“Brexit is like the Death Star of politics,” Conservative legislator George Freeman said. “I always fea

red it would be like this. It’s destroying and soaking up all the prime minister’s room for maneuver and political goodwill.

“I’ve never known this country so divided, so angry and in such a dangerous state,” he said.

France is willing to support the China-proposed Belt and Road Initiative, with the best way forward

being to work together on a project-by-project basis, former French prime minister Jean-Pierre Raffarin told China Daily.

In an exclusive interview ahead of the state visit of President Xi Jinping to France

on Monday and Tuesday, Raffarin said it is in France’s national interest to be part of the BRI.

“We also want our companies to propose projects which are good for the BRI, but also go

od for our enterprises,” said Raffarin, who served as prime minister from 2002 to 2005.

qianpadbe.com

Every morning, dozens of students from Myanmar walk hand in hand across the border into China’s Yunnan province.

There, they are led by patrol officers to Yinjing Frontier Primary School. After school, as they are escorted to the border insp

ection station, they wave, tell the officers goodbye and return to their homes in Myanmar.

The students attend the first frontier primary school in China. Loca

ted in Yinjing village in the small border city of Ruili in Yunnan province, the school has 36 My

anmar students and 99 Chinese students. Founded in 1960, it has been admitting students from Myanmar since 1990.

Wen Liang, 10, from Myanmar, has repeated this routine for three years. “I like go

ing to school in China. It makes me very happy because I have many friends there,” Wen said.

The youngest Myanmar student is 5, said Sun Jialiang, the school principal.

aishedesac.com

President Donald Trump looks — and is acting — rattled and encircled by the Russia investigation. And a series of fresh d

isclosures on Tuesday show there is every reason for him to feel threatened by the vast shadow it is casting over his life, business and presidency.

Newly unsealed court documents detailing special counsel Robert Mueller’s activity reveal an investigative field

of breathtaking scope and a prosecutorial machine that ratcheted quickly up in mid-2017.

The search warrants targeting Trump’s ex-personal lawyer Michael Cohen offer a glimpse of the covert world of the probe. As

is often the case with Mueller, they give only a tantalizing hint of the wider, yet still hidden, puzzle.

In court filing, Robert Mueller’s team says it’s very busy this week

But such disclosures are almost never good news for Trump.

There is enough to explain from Tuesday’s reveal why the in

vestigation must be weighing on Trump’s spirits, and driving his angry Twitter outbursts.

The vast breadth of the investigation by various jurisdictions also could offer a rich seam for Democratic House chair

en should they eventually subpoena primary evidence uncovered by Mueller and other prosecutors.

njLongrun.cn

Find X in Paris, marking its official foray into Europe. As of January, it had entered nine European markets, including Italy, Spain, and the United Kingdom.

Wu Qiang, who is in charge of Oppo’s overseas business, said the company is not adopting an aggressi

ve strategy in overseas markets. Instead, it strictly follows CEO Chen Mingyong’s principle of “eating rice bite by bite”.

“We will only enter the next market after doing a good job in existing markets,” Wu said.

Oppo’s intensified interest in foreign countries came after the Chinese sma

rtphone market hit a saturation point, with shipments declining for several quarters.

From September to December of 2018, smartphone shipments in China plunged almost 10 pe

rcent year-on-year, according to data from market research company International Data Corp or IDC.

Though Oppo outgrew the industry average to achieve an annual expansion rate of 1.5 pe

rcent in that time-frame, there is still a pressing need to look for new opportunities, Wu said.

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mitted for approval, he said. It’s expected to be located in Hefei, Anhui province.

Quantum information technology, he said, is key to applications including ultra-sec

ure communications, higher computing capability and more precise measurements.

Pan began putting together a quantum science research team at the Hefei-based university in 2001.

He has been widely hailed for leading China to the forefront of long-distance quantum comm

unications, and harnessing quantum laws to transmit information securely. But he said future deve

lopment required more collaboration among scientists and enterprises.

With the support of the Chinese Academy of Sciences and Anhui province, the Innovation

Institute for Quantum Information and Quantum Science & Technology was founded in Hefei in 2017.

The institute has been functioning at the standard of a national laboratory to explore management experience, said Pan.

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  Some Washington veterans remember that the Republican impeachment of Bill Clinton in the late 1990s eventual

ly backfired on the party, given that the public didn‘t believe the President’s transgression — effectively lying

under oath about sex — met the constitutional bar of “high crimes and misdemeanors.”

  Clinton, with his legendary capacity to compartmentalize, pres

ided over a White House that fought hard against Capitol Hill investigations.

  But he also went out of his way to show that he was doing his job, leading the country throu

gh a period of economic prosperity, in a way that made efforts to bring him down appear petty and inappropriate.

  ”These allegations are false and I need to go back to work for the American people,” Clinton said in 1998.

  One of Clinton’s antagonists, who voted as a House member to impeach him, drew lessons from that long-ago fight.

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