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He said it does no one any favors to delink over poss

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ssible national security concerns. Fair engagement across technologies is a better way to secure national security than delinking.

“The cost of decoupling will be very high for both economies,” he said. “Engage

ment in a fair competition with common rules is a far better outcome than decoupling.”

If there has to be some “decoupling” due to “valid national security conc

erns” in both countries, that should be kept to a minimum and not exaggerated, he said.

“Normal commerce is in the interest of both of our countries. And we should pursue it vigorously,” he added.

Allen also said members of the council are worried that they are now i

n a “very uncertain time” when the already tense situation could potentially deteriorate, as th

e world’s top two economies are embroiled in a protracted trade dispute with the Trum

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A recent report by the Beijing Municipal Education

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 Commission said that more than 231,000 college students graduated from universities in

Beijing last year, but 37.5 percent of employed graduates chose to work outside the capital.

A female college student surnamed Zhang said that she chose to w

ork in Wuhan, Hubei province, after graduating from Tsinghua University in June, 2018.

“The biggest reason driving me away from Beijing was the living cost,” she said. “Tho

ugh I can earn 8,000 ($1,160) or even 10,000 yuan a month in Beijing, the rent may cost me 3,000 yuan or more ea

ch month, let alone other expenses such as meals, transportation and getting together with friends.”

In contrast, some so-called new first-tier cities like Chengdu, Sichua

n province; Hangzhou, Zhejiang province; and Wuhan have sprung up as new at

tractions to college graduates for their cheaper living costs and preferential policies to newcomers.

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To make up for the increasing savings gap, the US need

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eds to introduce and use more foreign capital, which will further enlarge

the trade deficit. Therefore, the US cannot simultaneously maintain a high growth r

ate, invest massively in infrastructure, reduce the trade deficit and restrict the inflow of foreign capital.

What is really questionable is that, despite its contempt for over-regu

lation of the economy, the US administration has been trying to impose regulations on int

ernational trade, even for its trade partners’ domestic economic management.

Results for US may be unsatisfactory

The US administration’s more often than not conflicting goals have

resulted in the trade conflicts with China and other countries. For instance, China’s exports to t

he US grew 11.3 percent and its trade surplus with the US increased to $323 billion in 2018, up 17.3 percent year-on-year.

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Huawei has more than 13,000 component and service su

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uppliers worldwide. In November, it unveiled a list of its 92 core suppliers for the first ti

me. Thirty-three of them are from the US, including chip giants Qualcomm Inc and Intel Corp.

Wang Yanhui, secretary-general of the Mobile China Alliance, said, “Huawei has also been pre

paring for such a situation for some time and has hoarded chips to handle a worst-case scenario.”

The company became the world’s third-largest buyer of semiconductors last year.

China will definitely safeguard the legitimate rights and interests of its businesses, and Trump’s executive order is n

ot a “constructive and friendly” gesture, Foreign Ministry spokesman Lu Kang said on Thursday.

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ei Jianguo, a former vice-minister of commerce, said US bus

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inesses and consumers will pay the cost amid hefty levies, which will eventually add significant pressure on the US economy.

The US government’s moves risk sparking a full-blown trade

war with China, and China is fully prepared for any possibility, Wei said.

Economists at Goldman Sachs said in a research note that recent data showed the costs of Washington’s tariffs on China last year

had fallen “entirely” on US businesses and households, with no clear reduction in prices charged by Chinese exporters.

The bank said that US consumer prices are higher, partly because Chinese exporters have not low

ered their prices to better compete in the US market. In addition, some US producers “op

portunistically” increased prices in response to protection from Chinese competitors, it said.

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With its key role in the national economy, the integrated dev

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velopment of the region could play a vital part in leading regional growth, the statement said.

It noted that the elevation of the integrated development of the Yangtze River Delta t

o the status of a national strategy is a major decision adopted by the CPC Central Committee.

Authorities in the four provincial areas must enhance their awareness

of integrated development and boost their interaction and cooperation, it added.

The meeting also decided to start a thematic education campaign of Party member

s on the subject of remaining true to the Party’s original aspirations and keeping their mission firmly in mind.

It called for struggles against all problems that affect the Party’s purity and ad

vanced nature, and for efforts to make the Party even stronger, the statement said.

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Yanqing and Zhangjiakou are preparing another 10 ven

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ues, including existing ski resorts and some newly built projects, to host all eight Olympic snow

sports in 2022. The three clusters will be connected by a new high-speed railway, which will be com

pleted by the end of this year. It looks beyond the Games to boost future winter sports tourism.

According to the organizing committee, all 26 venues for 2022 will be ready by June next year with the first t

est event, a World Cup skiing series, scheduled to be held in Yanqing’s National Alpine Skiing Center in February.

About 90 percent of the earth moving work for the mountain center is now complete, and a 53-hec

tare forest reserve has been built nearby for transplantation of all the trees affected by the construction.

“The preparations are ready to step up to the next stage, from planning to the readiness

phase. Beijing is ahead in the race against time,” said Liu Yumin, director of the planning, construction and

sustainable development department of the 2022 Olympic Organizing Committee.

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Baidu came under fire in 2016 when Wei Zexi, a 21-year

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old student from Xidian University in Shaanxi province, died from a rare cancer of the soft tissue. Wei was re

searching the disease on Baidu and came across an advertisement for treatments that proved ineffective.

After Wei’s death, Baidu announced a sweeping restructuring and optimization of its medical business, especially regardi

ng its paid listing practices. It also tightened regulations on medical promotion and enforced clear labeling rul

es that differentiate advertisements from credible medical information, according to media reports.

However, medical advertising remains one of the key sources of income for Baidu, and some are still trying to exploit the s

ystem. In April, the police in Shenzhen, Guangdong province, detained a team of medical fraudsters who drove up r

ankings on Baidu’s research results to promote faulty hospitals to patients, local authorities said.

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Cambodia is working with China to launch our first

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 satellite in 2021, so the (Cambodian) government hoped that someone could learn something abo

ut spacecraft. But there is no school in Cambodia that teaches such a thing. So here I am,” Chea said.

China has signed an agreement with Cambodia to develop, make and launch the Southeastern Asian nation’s first sat

ellite in the next few years. The satellite, Techo 1, will be used for communications.

Moreno Pena, on the other hand, has 11 years’ experience at the Bolivarian Agency for Space Activities, Venezuela’s sp

ace organization, as an electrical engineer and chief of the spacecraft operation unit.

This is the second time he has come to China as a student. The first time w

as in 2007, when he was selected to take part in satellite application training in Beijing.

He said he came to China this time hoping to expan

d his knowhow on spacecraft and learn how to design and build satellites.

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More than 670,000 arrivals and departures will be m

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e on average each day via the three ports of Luohu, Futian and Huanggang, which connect the Chinese mainland and Hong K

ong, as well as at West Kowloon Station of the Guangzhou-Shenzhen-Hong Kong Express Rail Link, the NIA predicted.

It expects that the Gongbei Port linking the mainland and Maca

o will see an average of 435,000 inbound and outbound trips each day.

The NIA has called on border check agencies to release timel

y information of the passenger flow and ensure safe and orderly trips for tourists.

The NIA also recommended that passeng

ers check their travel documents in advance and avoid traveling at rush periods if possible.

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