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Chinese exporters have from 20 to 50 percent of the

 US market in other low-value-added markets, plus electrical machinery and equipment, mechanical

appliances, and iron and steel. In most other categories, China has less than 20 percent of the US market.

China also assembles and then exports a lot of phones, computers and other gadgets to the US. But, most of the profits and

wages go to Japanese or South Korean component producers or US-based designers. For example, China ma

kes 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 years ago. But it does mean that these lo

w-skilled, labor-intensive industries will be moving to less-developed nations. US tariffs on such products will only se

rve to hasten the transition to higher value-added industries that China has to make anyway.

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Government pledges more red tape cuts of items requiri

China will further cut the number of items requiring certificatio

n and refine the procedures through institutional inno

vation to improve government services and foster a more enabling business environment.

The decision was made at the State Council’s executive meeting, chaired by Premier Li Keqiang on Sunday.

Participants at the meeting agreed that the government’s efforts in recent years to repeal unwarranted certification requ

irements and deepen the reform of government functions have produced notable results.

“These are crucial steps benefiting both companies and individuals

,” Li said. “At a time when the economy still faces uncertainties, removing these unjustified cer

tification requirements will help boost market vitality and improve the business environment.”

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hina’s growth a source of hope for allong proclaimi

With Chairman Mao Zedong proclaiming the founding of the People’s Republic of China on

Oct 1, 1949, the Chinese people began leaving behind a century of colonial humiliation and building a new life.

What remains poorly understood by the wider world even seven decades later is how dire were

the conditions in China during those days. While China sustained its triumph, Chinese people’s living stan

dard 70 years ago was barely 5 percent relative to their counterparts in the United States.

It was a dire starting point.

Transitions that raised China’s living standard

In the late 1970s, Deng Xiaoping introduced “reform and opening-up” policies

and established special economic zones, which ultimately facilitated China’s entry int

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Chan also said that trade secrets at times were diffic

cult to legally protect in the past, causing “huge trouble for American tech

nology companies in protecting core and critical technologies” that they could not patent.

The latest amendments to the Anti-Unfair Competition Law, which unde

rwent a substantial revision in 2017, have emphasized protecting trade secrets.

He said in that in January, China’s Supreme People’s Cour

t set up an IPR court to handle complex appeals on patent litigation.

Chan said “all these measures” have led to progress for 59 percent of t

he US companies operating in China in protecting trademarks and brands in the pa

st five years, according to the American Chamber of Commerce in China.

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Local media showed through YouTube image

 of opposition leader Juan Guaido outside the aviation military base La Carlota, located in Altamira in the east of Caracas.

He called on civilians and military to act against the government and urged Maduro to step down.

Venezuela’s Communication and Information Minister Jorge Rodriguez said on Tues

day that the government is deactivating a small group of soldiers who attempted a coup d’etat.

“At the moment we are facing and deactivating a small group of traitor military

personnel who positioned themselves in the Altamira to attempt a coup d’etat,” Rodriguez said.

“The FANB (National Bolivarian Armed Forces) stand firm in defense of the National C

onstitution and its legitimate authorities,” said Defense Minister Vladimir Padrino Lopez in his Twitter account.

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As President Xi has said, the initiative originated from

China, but it belongs to the world. China has put forward the idea of boosting global development vi

a infrastructure connectivity, and is working zealously to translate it into reality. This is based on wha

t the country learned from its own rags-to-riches story, its own experience of the benefits of free trade and inte

rnational cooperation, and on its understanding of the role a responsible major country must play.

The forum’s growing list of distinguished guests is credible testimo

ny that more and more countries appreciate the initiative‘s win-win nature and long-term pote

ntial. With 126 countries and 29 international organizations signing cooperation agreements with China und

er the Belt and Road framework, and the Asian Infrastructure Investment Bank now boasting 97 members, it is m

ore appropriate to call the initiative a global development mechanism than a Chinese one.

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Military drill near Taiwan ‘necessary’sman for the State Coun

Mainland slams response by island’s leader, who called exercise ‘a threat’

A spokesman for the Chinese mainland said a military drill by Chinese bombers and warships around Taiwan on Monday was routin

e and slammed the island’s administration for misleading the Taiwan people and hyping tensions.

On Monday, various warships, bombers and reconnaissance aircr

aft of the People’s Liberation Army Eastern Theater Command conducted “necessary train

ing” around Taiwan as a means to test the joint assault capability between different branches of the military, Senior Colone

l Zhang Chunhui, the theater command’s spokesman, said in a statement on Monday.

The exercise took place in waters east of Taiwan and was part of a scheduled PLA exercise, he said.

“It is completely within the normal legal rights of a sovereign cou

ntry, and it’s beneficial for maintaining peace and security in the Taiwan Straits,” Zhang said.

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Shanghai Astronomical Observatory, which leads the

 country in very-long-baseline interferometry, the technique the telescope array used for

the black hole image, took the lead in organizing and coordinating Chinese researchers particip

ation in the EHT observations and studies, Shen said. That allowed Shanghai to b

e one of the six cities worldwide involved in the simultaneous news conferences on Wednesday.

No Chinese telescope-including the Five-hundred-meter Ape

rture Spherical Telescope, the world’s largest filled-apertur

e radio telescope, in Guizhou province-was involved in the EHT observations.

Yuan Yefei, a professor in the University of Science and Technology of Chi

na’s astronomy department, also an EHT team member, said the Guizhou telesco

pe did not take part mainly because its wavelength band was not what EHT needed for this observation.

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Bernard Dewit, chairman of the Belgian-Chinese Cham

ber of Commerce, said that industrial and trade relations between the EU and China will i

ncrease following the meeting, and that China has made great efforts to open its market to European companies.

“China’s new Foreign Investment Law, which has just been (approved), will greatly reassure European investors of the com

mitment of the Chinese government to further protect foreign investments in China,” he said.

Wang Yiwei, a professor of international relations at Renmin University of China, said in an article

published in the People’s Daily Overseas Edition on Wednesday that the Chinese and EU lead

ers’ strategic communication on important issues will help foster new areas for bilateral cooperation.

The concerted efforts made by the two sides to cope with the common challenges

and develop win-win cooperation will add stability to an increasingly uncertain world, he added.

Hu Yongqi contributed to this story.

trwater.com.cn

If the nose of the Boeing Max 8 model rises, threaten

ning a midair stall, the MCAS system automatically points the plane’s nose down

to gain speed needed to stay aloft. Boeing added larger, more fuel-efficient engines to upgr

ade the existing 737 airframe to compete with European rival Airbus. The new engines are positioned close

r to the fuselage, changing the aircraft’s aerodynamics and pushing the nose up in certain conditions.

Boeing created MCAS to make the new Max planes handle more like previ

ous versions of the 737, a popular model used by airlines around the world. Some in the aircra

ft industry, including pilots, have said Boeing did not provide adequate notice of the new plane’s flight ch

aracteristics or how to shut off the new anti-stall device if necessary. A group of pilots in

dependently compiled and circulated a 13-page manual about the new system. Oth

ers have said Boeing provided adequate notice of the changes and how to disable MCAS.

The version of MCAS installed on the Ethiopian Airlines pl

ane had relied on information from one sensor that sent back bad information.

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