Xi calls for co-existence of various civilizationselivered a key

President Xi Jinping delivered a keynote speech at the opening of the Conference on Dialogue of Asia

n Civilizations. With the theme of “Exchanges and mutual learning among Asian civilizations and a com

munity with a shared future,” the conference aims to deepen cooperation among Asian countries. Here are the highlights:

Humanity needs cultural strength to address challenges ahead

Humanity needs cultural strength, besides economic and techn

ological strength, to cope with common challenges and head toward a bright future.

The intensifying global challenges humanity is facing now require concerted effort from countries across the world.

Asian civilizations write ‘brilliant chapter’ in human civilization

Asian civilizations have written a brilliant chapter in human civilization.

Being one of the earliest human settlements and a major birthp

lace of human civilization, Asia takes up one third of the total land on Earth, has two th

irds of the global population, and consists of 47 countries and more than 1,000 ethnic groups.

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Roads and buildings were illuminated Tuesday evening befor

I hope all Asian countries will respect and trust each other, co-exist in harmony, expand cross-border, cross-time-and-space as well as cross-civ

ilization exchanges, and jointly maintain the peaceful time that is more valuable than gold.

Asian people expect Asia of common prosperity

I hope all Asian countries will jointly promote economic globalization that is open, inclusiv

e, balanced, and beneficial to all, and work together to eliminate poverty and backwardness in some countries.

Asian people expect open, integrated Asia

Civilizations will lose vitality if countries go back to isolation and cut themselves off from the rest of the world.

Mutual respect, equal treatment among civilizations stressed

It is foolish to believe that one’s race and civilization are superior to

others, and it is disastrous to willfully reshape or even replace other civilizations.

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Digital tech applications creating jobs for women, engineer

merging jobs related to the digital economy have been and are expected to continue gro

wing quickly in China as digital technology is applied in more fields, said a senior executive from LinkedIn.

New media operators, front-end development engineers, algori

thm engineers, user interface designers, and data analysts were the top five profes

sions with the fastest growing number of practitioners in China on the US-based professional networking site fro

m 2013 to 2017, said Lu Jian, president of LinkedIn China in an exclusive interview with China Daily.

“Digital economy, which has become part of the national strategy, is just unfolding in the country. It won’t surprise us if such jobs con

tinue to draw employees of both genders and in both urban and rural areas in the coming years,” Lu said.

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He said those who are interested in doing business with

Chinese partners in countries involved the Belt and Road Initiative should work together to create a

n ecosystem of a “one-stop shop”, providing diversified services to share in China’s prosperity along the Belt and Road.

President Xi Jinping asked countries to create conditions for other civilizations to develop while keep

ing their own vibrant. His keynote speech at the opening ceremony of the Conference on Dialo

gue of Asian Civilizations on Wednesday has aroused global interest. Here’s what some experts think.

As you know, I work for UNESCO and the general feelin

g I had after President Xi Jinping’s speech was that there were convergences on

many levels between his comments and the work UNESCO does in the world of dialogue among civilizations thro

ughout the world and also the work that we do specifically in relation to the ancient and modern Silk Road.

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China announces new tariffs on US goodsday that it wil

China said late on Monday that it will increase tariffs on the bulk of $60 billion of US imports to three categories of rates between 10% and 25%.

For the rest of the $60 billion US imports, the duty rate will remains at 5 percent.

The tariffs will hit around 5,000 products and will take effect on June 1.

It is China’s latest response to the additional US tariffs on $200 billion of Chinese goods, which were implemented on Friday morning.

The move fully demonstrates Beijing’s firm determination to defend its due interest

s and legitimate rights in international trade and economic cooperation, according to analysts.

Guanxi, compadrazgo and bapakism. Three words from China, the Philip

pines and Indonesia that encapsulate the same values of the vast continent through the a

ges-a shared belief in the importance of the family and the community over the individual.

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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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producers or US-based designers. For example, China ma

akes less than $9 from each iPhone. The total price of a phone is ridiculously counted as a Chinese export to the US.

It’s a good thing that China is no longer a low-wage country. Most Chinese are much better off than they were even 10 ye

ars ago. But it does mean that these low-skilled, labor-intensive industries will be moving to less-developed nations. US t

ariffs on such products will only serve to hasten the transition to higher value-added industries that China has to make anyway.

Roughly 20 years ago, when China’s admission to the World Trade Organiz

ation was being negotiated, China’s economy was tiny as a portion of world GDP. It was clearly a poor, less-deve

loped country that, except in a few areas, was not able to compete with Western companies in high-value-added products.

As Alexander Hamilton, the first US Treasury secretary, argued, a dev

eloping country may need to protect its “infant industries” from already established foreign

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The reform and opening-up policies are exactly the ki

inds of market-driven reforms needed to make this happen. The Chinese government is investing heavily in resear

ch and development, but it should be noted that the R&D spending as a percentage of GDP is still lower than that of the US.

Nobody likes competition against themselves. So, it must be admitted that China’s transition to a high-tech, high-

value-added economy will come as a shock to many companies around the world. The US economy, which has about 7

percent of GDP in high-tech manufacturing, will be lightly affected by this change.

On the other hand, advanced manufacturing contributes around 20 percent of GDP in Sout

h Korea, Japan, Germany and a few smaller European countries. They will be much more directly affected.

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However, not everyone in the poverty-stricken areas want

To encourage them to move, Guizhou authorities have used a better schooling for their children as bait,” said Zhang Qing of Guizhou’s provincial Education Department.

“More than 130,000 children will be enrolled in the 1,600 preschool facilities and primary and secondary schools near their urban s

ettlements. Also, 333 nurseries and junior high schools will be built to enroll some 50,000 relocated children,” Zhang added.

To promote educational development and cultivate more high-quality teachers in the country’s central and w

estern regions, China launched a State-level training program for rural primary and middle school teachers in 2010.

Primary school teachers in Guizhou have joined the training at Beijing Normal University.

In September 2014, President Xi Jinping met with teachers from Guizhou who were r

eceiving training at Beijing Normal University. The group of teachers later wrote a letter to Xi.

In a letter of reply to the Guizhou teachers, Xi asked them to lead education reform in poor areas.

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Move shows Beijing’s resolve to safeguard its interests

China said late on Monday that it will increase tariffs on the bulk o

$60 billion of US imports to three categories of rates between 10 percent and 25 percent.

For the rest of the US imports, the duty rate remains at 5 percent, acc

ording to a statement released by the Customs Tariff Commission of the State Council.

The tariffs will hit around 5,000 products such as food, chem

icals and auto parts, and are due to take effect on June 1, the commission said.

In a separate statement on Monday, the commission said i

t will be open to tariff exemption applications for part of qualified US imports.

This is China’s latest response to the additional US tariffs on $200

billion of Chinese goods, which were implemented on Friday morning.

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