maintain its monetary hegemony and thus ensure its financial sector offers higher pay and retur

n on investment compared with the real economy sectors, which helps it to maintain its advantage in at

tracting talents and capital. This in turn prompts the authorities to introduce more favorable policies and regulations for

the enterprises based in the US, which is essentially a combination of representative democracy and market eco

nomy. Under such circumstances, how can the US promote sustainable reindustrialization?

Besides, reindustrialization is not possible without rebuilding or strengthening infrastructure facilities. And

although the US leader has been claiming to implement a trillion-dollar infrastructure plan-and even made it on

e of the pillars of his “Make America Great Again” campaign-not much has come of it.

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cted by the China Consumer Association from December to March, which included mor

e than 1,700 students from elementary, junior high and senior high school.

According to the report, most elementary school students were first exposed t

o the internet in third grade, and these 9-year-old students accounted for 32.2 percent of th

e total. For junior high school students, most had their first online experience at the age of 12 years in grade six, a

nd these students comprised 21.7 percent. Among high school students, the peak period to access the internet fell duri

ng their first year in junior high school, with these 13-year-olds representing 19.4 percent.

The report shows over 90 percent of teenagers use electronic devices for study or playing game

s every week. What deserves attention is that the percentage of inevitable exposure to electronic devi

ces among elementary school students is significantly higher than that of the other two groups.

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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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ld correct our mistakes when we have made any and guard against them when we have not.

The Party should address young people’s concerns in employment,

starting business, integrating into the society, love, marriage and making friends, carin

g for the elderly and raising children, so as to create favorable conditions for their development.

We should educate and guide young people to view the world pr

operly, to understand the national conditions comprehensively, and to grasp the trend of the era.

Communist Youth League asked to mobilize youth for Chinese Dream

The Communist Youth League of China (CYLC) shall unite and lead Chi

nese youth of the new era to strive for the Chinese Dream of national rejuvenation.

The CYLC should serve their duties of guiding and uniting the youth, mobilizing them, connecting them and providing services.

Youth urged to have concerns for humanityThe Chinese youth should work for the building of a community with a shared future for humanity.

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 tertiary sector, which is mainly services, grew from 56.7 to 57.3 percent of GDP from the same period last year. The

Index of Services Production increased 7.4 percent year-on-year, higher than the growth rate of overall GDP.

Overall retail sales of consumer goods also grew at 8.3 percent. Sales of upgraded consumer goods witnessed fast gro

wth, with the highest rates concentrated in upgraded products such as cosmetics, phones and computers.

And, high-tech services grew at an astonishing rate of 21.2 percent. In prepa

ring for consumer 5G telecoms next year, the output of mobile communications base stations grew 153.7 percent.

The data also show strong movement toward the government’s goal

of creating an ecological civilization. New energy automobiles and solar cells grew by 48.2 percen

t and 18.2 percent, respectively. Sales of urban rail vehicles grew by 54.1 percent, showing the

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China will support 5,000 people from innovation sector in Belt and Road countries i

n conducting exchanges, training programs and joint researches in the next five years.

Sustainable development under BRI stressed

China will work with other parties to promote a coalition of sustainab

le cities and an international coalition for green development under the Belt and Road Initiative.

China to invite 10,000 representatives of political parties, think tanks, NGOs from B&R countries

A total of 10,000 representatives of political parties, think ta

nks and non-governmental organizations from count

ries participating in the Belt and Road Initiative will be invited to China for exchanges in the next five years.

China to allow foreign businesses in more sectors with controlling or full stake

China will allow foreign investors to operate businesses in more sec

tors with controlling or full stake. China will roll out a new batch of pilot free trade zones.

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China’s economy grew better than expected in the first quarter and market confidence was raised in

an outstanding way, according to a statement from a meeting presided over by President Xi Jinping on Friday.

During the meeting of the Political Bureau of the Communist Party of China Central

Committee, members analyzed the current economic situation and made plans for economic work.

In the first quarter, government departments pushed forward high-quality growth, deepene

d supply-side structural reform and carried out positive fiscal policy and stable monetary policy, the statement said. Main mac

roeconomic figures were in proper range, and reform and opening-up was pushed forward continuously, it said.

The statement said lots of difficulties and problems remain in economic development, with m

ore tension in the external economic environment and downward pressure on the domestic economy. Government departments shou

ld remain steadfast and be brave in overcoming difficulties in economic development, it said.

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After 40 years of high-speed growth, China’s economy ha

s entered a high-quality development phase. Starting today, China Daily will feature a series of reports to sh

ow the new landscape across the country. This is the first installment of the series.

Beijing’s municipal government has been making efforts to develop high-end industries suc

h as 5G, artificial intelligence and the industrial internet in order to build the city into the nation’s scientific and innova

tion center, which is a core strategy of the capital’s high-quality growth plan, a senior officials said recently.

Lin Keqing, executive vice-mayor of Beijing, said the city is aimin

g to make new information technology and medical health twin drivers of the municipality’s growth.

“Beijing will make better use of resources to develop the biomedical indus

try and extend its value chain,” Lin said. “We have unveiled an international medical-use ro

botics innovation center in Zhongguancun, China’s Silicon Valley, and a group of companies in the sector.”

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 level and provide basic social services.Premier Li Keqiang met with the participants of the national conference on Tuesday.

He appealed to the civil affairs authorities to prioritize efforts to meet the basic needs of the people, extend assist

ance to those most in need and build an even more tightly woven safety net for the public’s livelihood.

It is also important for them to better meet the needs of the elderly, those with disabilities, the sick, and children living in difficult circ

umstances, he said, adding that basic social services should be better developed to help the public better address their problems.

The reform to streamline administration, enhance compliance oversight and improve governmen

t services should be deepened so that the public can more easily access administrative services, the premier said.

He also highlighted the importance of giving more play to the role of the private sector

so that services such as eldercare and nurseries can blossom to enrich the supply of social services and create more jobs.

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mmercial Aircraft Corporation of China, Ltd. (COMAC), for example. At the earliest, COMAC will get the airworth

iness certificate for C919 in 2021. Besides, just obtaining the certificate does not reduce even a bit of the difficulty in making and delivering the aircraft.

As the history of aircraft manufacturing shows, it is almost impossible for manufacturer

s to obtain airworthiness certificate and deliver aircraft to the purchasers on time. More often than not, aerospace companies ta

ke several years more than the promised time to deliver the aircraft. For instance, both Boeing 787 Drea

mliner and Airbus 380 were delivered years behind schedule. Which means delayed delivery is a norm in the aerospace industry.

In short, it would take decades for Chinese manufacturers to mass-produce airplanes irrespective of the rise and fall of other aircraft makers.

China has made great strides in industrialization during the 40 years of reform and opening

-up, but for that it learned from developed countries’ experiences and put its own experiences to good

use. The complete system of research, development, safety, production, supply chain and service that took Boein

g and Airbus decades to establish should be what Chinese aircraft manufacturers should strive for. With continuo

us efforts, C919 could earn its place in the civil aviation industry-perhaps 10, even 20, years later.

 

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