We value the Chinese market,where we must guarante

tee steady business growth. In the future, we will increase investment in AI applications in the finance and manu

facturing sector, enhance our AI technology, such as machine learning, natural language processing and deep learning, consolidate customer rela

tionships, as well as cultivate the new generation of AI talent for China,” He from SAS China said.

Since World War II, globalization came in two stages. From 1945 to roughly 1975, the United States, Western Europe, and Japan

achieved steady economic growth, with the benefits of that growth spread widely throughout the population. In F

rance, this period is called “30 glorious years” and in Germany it is known as the “economic miracle”.

The second stage of globalization started in the late 1970s and has continued until today with a process of reform and open

ing-up not only in China but in countries of the former Soviet Union and in India.

This has been great for the world. China alone has lifted more than 850 million peopl

e out of dire poverty. But it has also increased competition faced by workers and companies.

The partial globalization of 1945-1975 worked great for average workers in the West. For much of this period, a young perso

n could get a high-paying and apparently secure job in a factory that would allow him to live a middle-income lifestyle.

It’s very hard to believe now, but in 1980, the US city with the highest average wage was Flint, Michigan, followed closely by Detroi

t. Other leading cities in terms of wages were Chicago, Houston, Milwaukee, Youngstown and Cleveland – all

of which were centers of industry and manufacturing. At that time, San Jose, the center of then quite small Silicon V

alley was fourth, San Francisco sixth, and capital Washington was eighth. New York City did not make the top 10.

Many people in the US and Western Europe look back nostalgically on those 30 years aft

er WWII when artificial limits on global competition protected extremely high-paying manufacturing jo

bs. It is very sad to see only empty, rusting factories where thousands of people used to work.

It’s tempting to use tariffs or other protectionist measures to try to

retain the companies that provide these high-paying manufacturing jobs. But, most o

ften the protections just lead to unproductive companies, declining innovation, and slowing GDP growth.

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She said whoever as上海会所品茶微信rship should be stro

strong and popu上海会所品茶微信lar enough and able to connect with European citizens

who showed the highest turnout in 20 years in the elections for the European Parliament in late May.

“They should be able to work in an efficient manner with world leaders and be strong enough to galvani

ze worldwide support. We live in a very challenging world, and Europe needs strong and effective leadership,” Islam said.

There have been major disagreements between leaders of the two major member states. German Chancellor Angela Merkel favors the process of lead candi

date, known as Spitzenkandidaten in German. She supported Manfred Weber, the lead candidate of the center-ri

ght EPP, the largest bloc in the European Parliament, a bloc of which Merkel is a member.

But French President Emmanuel Macron and some other EU leaders oppose Weber to replace Jean-Claude Juncker as president of European Commission.

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ing addresses the 1上海会所女神会所 Council of Heads of

President calls 上海会所女神会所on members to support regional links to Belt and Road Initiative

Members of the Shanghai Cooperation Organization should follow the trend of economic globalization and

build the SCO into a community with a shared future, President Xi Jinping said on Friday.

Xi made the remark while delivering a speech at the 19th

meeting of the Council of Heads of State of the SCO in Bishkek, Kyrgyzstan’s capital.

SCO members should promote the multilateral trading system, buil

d an open global economy and put forward more policies to facilitate trade and investment, he said.

Xi proposed making full use of cooperation platforms such as the China Intern

ational Import Expo to promote the openness, exchanges and integration of regional economies.

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Literature fest sparks rural rebootLiterature Prize anliang Li

An event set up by film director Jia Zhangke featuring leading proponents of a school of writing from Shanxi aims to place the province on China’s literary map.

Jiajiazhuang village in Fenyang, Shanxi province, sits around 600 kilometers southwest of Beijing.

Once known for its collective economy that helped draw its population out of poverty, it has now gained another label than

ks to film director Jia Zhangke, who was born in 35ang in 1970, just a short distance from the village.

Jia has devoted much of his time to regenerating the area’s cultural legacy, not only through movies, but also through literature.

To do that, Jia set up the first Lyuliang Literature Festival, which was held from May 9 to 16

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The 5G tech will not only improve the way people liv

 live and work, but also accelerate China’s social digital transformation as well as build key competence amid the uphill battle in the global industry,” Huang said.

“There are huge investment opportunities for 5G industries, including materials, chips,

main equipment suppliers, base stations, antenna, cloud computing, internet of vehicles and the internet of things,” Hu

ang said. “5G will bring historic opportunities for China’s economic and social development.”

A new 5G research institute has also been established in Yizhuang, Beijing on Wednesday.

According to a new report by Global System for Mobile Communications Associ

ation, China is set to become the largest 5G market in the globe, with 460 million 5G users by 2025.

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Xinjiang to launch up to 100 trains for tourists

As tours to Xinjiang Uygur autonomous region have become increasingly popular among tourists from home and abroad, local

authorities have announced a plan recently to launch as many as 100 special trains for tourists from May to October.

The local railway authorities will step up cooperation with other part

s of the country to boost Xinjiang’s tourism development, according to Huang Ti

ngfen, deputy general manager of Xinjiang Railway Tourism Development Group.

The trains will provide easier access to both the southern and northern parts of Xinjia

ng, said Huang. It will also be more convenient for Xinjiang residents to travel to other parts of the country.

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China will further open the financial market to welcom

e more overseas investors in. The cross-border trade and investment will be more free and convenient, said Pan.

He called China’s economy stable, as the major economic indicators were within a reasonable range.

In April, the National Bureau of Statistics said the purchasing ma

nagers’ index for the manufacturing sector stood at 50.1, indicating expansion as the reading was above 50.

The broad money supply, or M2, increased 8.5 percent year-on-year by the end of April, compared with 8.3 percent a year earlier.

“The prudential monetary policy was focused on countercyclical adjustments this year, maintaining flexibility as well as

ample liquidity to promote fast growth of credit and strengthened support of private and small enterprises,” Pan added.

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In Forbes’s ranking, 309 of the world’s top 2,000 largest publ

 public companies are from the Chinese mainland and Hong Kong.

The United States has 575 companies, the most among the 61 countries and regions involved in the ranking.

Japan is third-largest contributor, with 223 companies joining in the list.

This year marks the 17th release of the Global 2000 ranking since it was first published by Forbes in 2003, when the Unite

d States was home to 776 companies in the list while the Chinese mainland and Hong Kong only had 43.

Industry-wise, banks and diversified finance make

up most of the list, with 453 companies appearing on it, followed by tech ind

ustry and construction industry, with 184 and 123 companies on the list, respectively.

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ese civilization greatly promotes progress of human civilization

China’s paper-making, gunpowder, printing, compass, calendar, philosophy and people-oriented view have exerted profound i

nfluence in the world and greatly promoted the development process of human civilization.

Chinese civilization is an open system formed during constant exchanges and mutual learning with other civilizations.

In the future, China will surely embrace the world with a more open p

osture and contribute more dynamic civilization achievements to the world.

Confidence of civilization urged

Asia should enhance confidence of civilization.

We should keep exchanges and mutual learning with other civilization

s in the world, and strive to continue writing new brilliant chapters of Asian civilizations.

We should consolidate the cultural foundation of jointly building Asian com

munity of shared future and a community with a shared future for humanity.

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The conference also saw the launch of a scientific alli

lliance on international disaster risk reduction, which included around 30 institution

s and universities from countries including Italy, Belgium, Nepal, Pakistan and Sri Lanka.

The alliance will serve as a new platform for international coordinati

on and provide scientific support for disaster relief and sustainable development.

The conference was co-hosted by the Chinese Academy of Sciences, the China Association for Science and Technology, the U

nited Nations Environment Program, the UN Office for Disaster Risk Reduction and the Alliance of Int

ernational Science Organizations, a group created to connect the scientific communities of BRI participants.

Bai Chunli, president of the academy, said in the conference’s opening ceremony on Saturday that areas along the Si

lk Road are prone to various natural disasters that have resulted in massive loss of life and economic damage.

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