trying to emulate the impressive growth of developing economies before them. An underperformi
ng global economy, and rising national and international tensions, will make that task even harder. If th
e world is serious about reducing poverty further, it must pay far more attention to their progress.
he US has repeatedly threatened to impose tariffs on about $300 billion of Chinese ex
ports to the United States. China showed the greatest sincerity in the Sino-US trade
talks and refused wild demands by the US side, said Foreign Ministry spokesman Geng Shuang on Tuesday.
China has become the most popular investment destination for global companies, since the country launched its reform and opening-up policy, said Geng Shuang.
The companies will choose which countries to invest in, or which partners to coope
rate with based on their interests and market rules. No words can influence them, Geng said.
China welcomes foreign companies to increase investment in the country, and the country will continue gi
ving efforts to create a more stable, fair, transparent and predictable business environment for foreign investors, said Geng.
unt for about 20 percent of the total, but they have quadrupled in the past two years.
“If you can prove to small-town youths that the products are useful, they are willing to pay,” Lan said. “Some inno
vative Saky products have also seen rapid growth in lower-tier markets, including one that removes stains from teeth.”
Chen, from Roland Berger, said that while small-town youths are narrowing the gap with their count
erparts in bigger cities in many ways, they still have many distinct demands. If companies want to win t
hem over, it is important for them to have a deep understanding of lower-tier markets and to draw up strategies acc
ordingly, whether in building brand awareness, or providing specialized products and distribution channels.
For example, while helping a jewelry company to access lower-tier markets, he found tha
t jade inlaid with gold is very popular, although it is considered unfashionable by consumers in large cities.
tte of standing on the right and walking on the left, is not the first city to abandon the
norm. Many cities in China, including Tianjin, Xi’an and Nanjing have dropped the practice.
“It used to be a courtesy not to block people walking on the escalat
or, but given the safety concerns and damage to the machines, holding the handrails and standi
ng still should be advocated,” lawyer Liu Linsheng was quoted as saying in the local news portal Eastday.
The new notices, although not compulsory, have won support from commuters.
“It’s been a habit for most to leave space on the left for those who walk
on escalators, so we may not be able to change our habits overnight,” said Peng Xu
an, a commuter in Shanghai. “But for the safety of everyone, if you want to walk or are in a hurry, you can use the stairs.”
Peng said he has seen some people fall while trying to move too quickly
on an escalator, adding that during peak hours standing on both sides is more efficient.
elopment plan should fit with national strategies in development, security and the mil
itary, and should integrate their current and future needs to pursue sustainable, consistent growth.
Xi insisted on the military understanding the determination and intention of the Party’s leadership, exerting itself to enhance
combat preparedness and firmly safeguarding China’s sovereignty, safety, development interests, and social stability.
He also instructed the military to support the country’s economic and social development, envi
ronmental endeavors and disaster and accident relief work. It should also play its part in poverty alleviation, he added.
Governments at all levels should, in turn, support the military’s work, make appropriate arrangements for veterans’ empl
oyment, take good care of military retirees with physical difficulties and the family members of military personnel, an
d support the military’s efforts to withdraw from all its commercial activities, Xi said.
Jesus Madrazo, a member of Bayer’s executive leadership team and head of Agricultural Affai
rs and Sustainability for the Crop Science division of Bayer, said the company, sensing tremendous op
portunities in China, is constantly looking for opportunities to expand its operations in China.
“There is a broad recognition that China has made tremendous prog
ress in not only advancing food security, but also about the quality of what is grown, and gro
w it not only more but also better, better for the consumers and better for the environment.”
He said Bayer, having been operating in the Chinese market for more than 30 years, plans to be here for many decades to co
me to support the agricultural development and introduce the best products and technologies.
Bayer Crop Science Greater China Country Head Huang Weidong said China has bee
n vigorously supporting the development and upgrading of agricultural industry and opening the doo
r to new technologies, new business models, digital agriculture and digital-related applications.