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

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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So far, up to 14,000 students in the district have tak

n skating and skiing lessons, said Zheng Shiyong, deputy director of Yanqing district’s education commission.

“We will continue supporting and encouraging more people to participate in winter

sports,” he said, adding that around 17,000 students will experience winter activities by the end of this year.

Some professional winter sports activities have also been designed into the distr

ict’s education plans, with more professional instruction to students, according to Zheng.

The district’s education authorities also cooperated with its sports bu

reau to make winter ice and snow sports available to all residents in the area.

“We will have 110,000 people participating in winter ice and snow acti

vities by 2022 in Yanqing,” said Ma Zhiyong, deputy director of the sports bureau.

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As a result, it is paramount to use new technologies and

international cooperation to jointly tackle these natural disaster risks, protect ecological security and achieve sustainable development,” Bai said.

The academy will continue to collaborate with foreign partners to create new platform

s and mechanisms to improve disaster management and ecological protection, he added.

Mami Mizutori, head of the UN Office for Disaster Risk Reduction, said in a video speech that th

e scale and reach of the world’s largest infrastructure initiative will impact billions of people and reshape the ph

ysical world, and countries should be mindful of these projects’ impact on the environment and inhabitants.

“It is encouraging that the government of China is taking proac­tive measures to ensu

re that the development of the Belt and Road Initiative is risk-informed and sustainable,” she added.

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My reaction (to the share price) is if we build and bu

ild well, shareholders will be rewarded. We’re certainly not measu

ring our success over a day, it really is over the years,” Khosrowshahi told Reuters.

The IPO was a watershed moment for the decade-old com

pany, which was started after its founders struggled to find a cab on a snowy night.

Khosrowshahi was accompanied by a team of Uber officials at the NYSE to celebrate. Co-founder and former CEO Tra

vis Kalanick, who resigned in 2017 under pressure from investors, was also seen on the trading floor.

MARRED BY SCANDAL

The company’s road to IPO was marred by several hurdles includ

ing increased regulation in several countries and fights with its drivers over wages.

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It carries historic meaning that the forum is held in Ch

 China this time. The future of China and Asia is closely related to the Arctic and I’m delighted to see China actively participating i

n Arctic-related dialogues and collaborations with a constructive attitude,” said Grimsson, president of the forum.

Around 500 ambassadors, scholars and entrEditor’s note: Many Chines

e moms tend to get angry when helping their kids do homework. So stressed out are some mom

s that one suffered a heart attack and ended up in a hospital last year. Why do Chinese mothers get so tense when it comes

to their kids’ education, and what should be done to ease their nerves? With Mothers’ Day just a day away, two experts share thei

r views on the issue with China Daily’s Yao Yuxin. Excerpts follow:epreneurs from home and abroad as well as representatives of Arctic indi

genous organizations participated in the forum, which runs through Saturday. Topics included “Polar Silk Road”, sci

ence and innovation, transportation and investment, sustainable development, ocean, energy and governance.

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Pam Marsden, head of production for Sony Pictures Anim

mation, also considers characterization as a crucial element to developing successful animated works.

The studio’s 2018 smash hit Spider-Man: Into the Spider-Verse won a string of awards, including the 91st Os

cars’ best animated feature, thanks to its unique look that combines computer animation and traditional hand-drawn techniques.

Speaking of developing a formula for making hit movies, Marsden says: “It begin

s with characters. If you can create a character that is beloved, charming and appealing, and touches the hearts of an audie

nce, you are well on your way to creating a successful animated movie that can cross all borders.”

If Hollywood’s experience leads it to focus primarily on the characters they create, Japanese director Hay

ato Date says he believes that voice-over dialogue is another important factor affecting the success of any animated work.

Best known for the manga-adapted animated TV series Naruto and Naruto: Shippuden, Date r

eveals that he has developed a particular method which gathers all the voice artists together to record the scenes.

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Xing Ziqiang, chief economist with investment bank Mo

organ Stanley China, said this age group will be a main driver of the consumption upgrade in the next decade, with consum

ption in third- and fourth-tier cities expected to reach 45 trillion yuan in 2030, compared with 15 trillion yuan in 2017.

There were estimated to be about 112 million small-town youths in

China last year, according to mobile internet industry consultancy iiMedia Research.

Chen Ke, a senior partner with global consultancy Roland Berger, said that with lower housing prices in third- and fourth-tier c

ities, small-town youths have sizable disposable income and are more willing to spend a larger proportion of th

eir income on daily consumption, compared with people of the same ages living in bigger cities.

“They also have an increasing desire to live a better material and spir

itual life, are becoming more interested in personal products and are more willing to sp

end on entertainment and hobbies, as they have more spare time than their peers in big cities,” he said.

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Chen said that there are still many other areas in whi

ch the US and China can work together.There are some types of cancer, including liver cancer and stomach canc

er, that are more common in China but are rare in the US,” he said, adding that cooperation on research for those canc

ers can help the US improve understanding of them and help China develop new drugs faster.

Chen said the potential for China’s cancer drug market is huge and dynamic. The market is projected to reach $30 billi

on by the year 2024, according to a recent report by US company Research and Markets.

Lung, breast and stomach cancer dominate the anti-cancer d

rug market in China and are expected to do so in the near future, according to the report.

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Once operating at its fullest capacity, the indust

trial park’s output would be 2 million units of refrigerators, 1 million units of LED TVs, 1

million units of washing machines and 1 million units of air conditioners annually.

The park will also generate around 14,000 jobs after the first Haier manufacturing plant create

d some 12,000 jobs in Pune, an industrial city in the southwestern state of Maharashtra, company sources said.

Having closed the year 2018 with a total turnover of 3,800 crore Indian ru

pees (around $543 million), the global brand is currently at No 5 in terms of sales in Ind

a, and yearns to be among the top three brands by the next year, company sources said.

“India is a big market for us and we would like to continue to invest here in manufact

uring and simultaneously design technological innovations specifically for our Indian consumers,” sai

d Song Yujun, Haier’s vice-president and managing director for South Asia operations.

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Li Shunde, a senior intellectual property researcher at

at the Chinese Academy of Social Sciences, applau

ded the campaign as a timely and necessary step to regulate those providing stock images.

“We should abide by laws and litigation to protect copyright in

stead of abusing them to profit improperly,” he said.

On April 15, the Shanghai Observer reported that the company, which was founde

d in June 2000 and partners with the photo agency Getty Images in the United States, had faced increased co

pyright-related disputes since it set up a special rights protection division in 2016.

The company was involved 2,279 cases in 2017 and 1,908 last year, the report said, adding that most court rulings had been in its favor.

A search by China Daily for the company’s name on China J

udgments Online, a website operated by the Supreme People’s Court that discloses ve

rdicts, resulted in more than 1,600 lawsuits being found, most of them related to copyright.

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