she buys cosmetics, handbags and clothing from top brands through cross-border e-commer
ce platforms every month. Sometimes, she drives for one to two hours to neighboring bigger cities, such a
s Wuxi in Jiangsu, and Shanghai for shopping. She also plans two or three overseas trips every year.
“I don’t have any housing or car loans, and don’t have to worry about daily costs, as I live with my parents. I usually spend all my sa
lary on daily consumption and entertainment, which is quite common for people such as myself,” she said.
Jason Yu, managing director of Kantar Worldpanel, said small-to
wn youths look to the internet for the latest information, products and lifest
yles. The gap between young people in lower-tier cities and those in metropolises has narrowed greatly.
“Small-town youths now have broader horizons, are well informed, and some have even started to lead ‘avant-garde’ lifestyles,” he said.
untries can lead to the pooling of skills and expertise on tax collection. It can also strengthen natio
nal tax rules in areas such as withholding tax, transfer pricing and dispute resolution to ensure that fair am
ounts of taxes are collected, said Daniel Witt, president of the International Tax and Investment Center.
“BRI countries should be careful not to create barriers to investment, an
d the priority should be to look at practical solutions to remove complexities and co
mpliance burdens on tax administrations and taxpayers,” Witt added.
To serve the BRI, Liao Tizhong, director-general of the International Taxation Department, State
Taxation Administration, said China has expanded a tax treaty network to cover 95 countries and regions.
The number of foreign companies from BRI countries that invest in China and pay annual
taxes of more than 5 million yuan reached 1,205 in 2018. Their average revenue grow
ology, according to the notice jointly issued by six ministries including the National Health Comm
ission, the Ministry of Education and the State Administration for Market Regulation.
The notice also said that authorities would crack down on activities that deceive the p
ublic and damage their interests in the name of using Chinese medical technology to treat myopia.
Hu Ailian, vice-director of the Beijing Institute of Ophthalmology at Beijing Tongren Hospital, said tha
t myopia can’t be cured at the current stage but children and teenagers could prevent, control or slow its progressio
n by using their eyes properly, increasing outdoor time, and avoiding looking at close objects for long time.
Once parents find their children have problems with eyesight, they should send them to ophthalmic medical institutions for e
xamination, listen to doctors’ suggestions and receive vision correction, Hu added.
d girl to learn what her father did not study until the third year of university? How could I
explain such complex concepts as, say, superposition states, to my 1-year-old daughter?
Yet, as I started this “mission impossible”, I soon realized it might not be as difficult as I first thought. The quantu
m physics book is, like all the books I buy for her, still a cartoon book, containing very few words.
Open the first page and you see a baby running after a cat, drawn in
a simple, colorful style that every infant will fall in love with at first sight.
Then the story became faster-paced. The cat jumped into a box and the box shut automatic
ally. The baby sat next to the closed box, not knowing what his furry friend was doing inside.
“Is the cat asleep or awake?” A question emerged from the book, w
ith the answer on the next page: “It can be both and in quantum physics.
top legislature recently passed the Foreign Investment Law, which says China will gradually shorten the negative list fo
r foreign investors to increase inbound foreign investment. This, together with Italy’s policy to welcome Chin
ese investment, is expected to help the two countries take more measures to boost investment cooperation.
Sino-Italian friendly exchanges have a long tradition, and the prospects for deeper bilateral cooperation are bright. This ye
ar marks the 15th anniversary of the establishment of the Sino-Italian comprehensive strategic partnership, and in 2
020 the two countries will celebrate the 50th anniversary of the establishment of their diplomatic relations.
Therefore, the two sides should synergize their development strategies and tap the potential for further bilateral cooperation. They should also strengthen bilate
al macroeconomic policy coordination under the frameworks of G20, World Bank, Asian Development Ban
k, Asian Infrastructure Investment Bank and other multilateral mechanisms, and help maintain the rule-based multi
lateral trading system and jointly promote global governance reform apart from deepening Sino-Italian and Sino-EU relations.
Democrats both as a blunder. Former US deputy secretary of state Robert Zoellick, who famously said that China should beco
me a “responsible stakeholder”, sighed that when China was playing the role of a responsible stakeholder, the US tried to stop it.
The US is trying to do the same again.
While the AIIB provides much needed infrastructure financing for countries, the China-propo
sed Belt and Road Initiative aims to build connectivity linking Asia, Europe and Africa. The initia
tive, which has been endorsed by more than 100 countries, is aimed at building roads, bridges, railways, ports and other infrastructure facilities, in ord
er to help expedite economic growth, especially in developing countries, which are often haunted by high youth unemployment.
And building roads and bridges, no doubt, will benefit the world much more than the 800-plus military bases that the US has built across the world.
However, when Italian Prime Minister Giuseppe Conte indicated that Rome would sign a mem
orandum of agreement with Beijing on the Belt and Road Initiative during President Xi Jinping’s ong
oing visit to Italy, the White House became furious again. Garrett Marquis, a White House National Security Council spo
kesman, called the BRI a “vanity project” and a debt trap. He even said the accord Italy planned to sign was “a political hazard”.