Lieutenant General Shao Yuanming, deputy chief

of the Joint Staff Department of China’s Central Military Commission, said in an afternoon media bri

efing on behalf of the Chinese delegation that the People’s Liberation Army appreciates the US’ will

ingness to communicate and maintain a stable China-US military relationship.

However, Shao said Shanahan also made some inaccurate claims on China’s military de

velopment and strategic intentions in his speech, “and the PLA resolutely opposes these accusations”.

Regarding the Taiwan question, the US side has reiterated its military

 

 

efing on behalf of the Chinese delegation that the People’s Liberation Army appreciates the US’ will

ingness to communicate and maintain a stable China-US military relationship.

support to the island based on the so-called Taiwan Relation Act.

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We hope the two militaries will expand our cooperatio

tion on the basis of reciprocity and mutual benefit, and handle differences on the basis of mutual r

espect,” Wu said. “We should strive to make our military relations a stabilizer of the two countries’ ties.”

He also warned against US’ moves regarding Taiwan.

“Such moves were like playing with fire and hugely compromise Chin

a-US military relations as well as the peace and stability in the Taiwan Straits,” Wu s

aid.he State Council recently released a circular calling for further efforts to step up

innovation and opening-up in national economic and technological developm

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Wu Hongwei, a researcher of China-Russia relation

s at the Chinese Academy of Social Sciences, said bilateral cooperation plays a prominent role

in guaranteeing world peace and security at a time when the global situation is clouded by tensions and turmoil.

The two countries share the same position in promoting a more stable and multipolar world, Wu said, adding that they ha

ve sent such signals through supporting and coordinating with each other on international occasions.

China would rather rely on market-oriented forces to determine the renminbi’s value than defend its currency by di

pping into its $3 trillion foreign exchange reserves amid trade disagreements, analysts said.

The United States Treasury announced on Wednesday that it could not label Chin

a as a “currency manipulator” after Washington monitored the recent performance of the RMB.

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The results of the elections for the European Parliame

nt are broadly in line with expectations. Although pro-European Union parties have won a majori

ty of the seats, the EP is more fragmented than before with traditional center-right and center-left par

ties losing seats to Liberals and Greens, and Euroskeptic parties increasing their vote share. This is likely to

make it more difficult for the EU to agree new trade deals and choose new leaders for EU institutions.

The heads of government of EU states met on Tuesday to discuss who will fill the top jobs.

The new EP and the EU leadership face a difficult international environment, especially on th

e trade front. The United States administration, already engaged in a tariff war with China, has its sights on the

EU as well, describing the bloc as “a foe”. The US has imposed 25 percent tariffs on European steel and aluminum an

d threatened to slap similar tariffs on European cars unless the EU opens up its agricultural market.

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The new water-hydrogen engine, produced by the Chin

Youngman Automobile Group Co, has been the subject of visits from top city officials

and been praised by Zhang Wenshen, Party chief in Nanyang, according to the report.

Following the report, the engine sparked discussion and debate, because it runs contrary to the principles of physics.

Nanyang’s bureau of industry and information technology said the report made mis

takes and conveyed incorrect information, ultimately misleading readers, Beijing News reported.

The bureau highlighted that the project is still being tested and has yet to gain approval from industrial

authorities, adding that the production company’s head has been required to fully explain the technology behind the engine.

Pang Qingnian, 61, chairman of the China Yongman Automobile Group, said the project was established in 2006, and that the e

ngines can convert water into hydrogen and then use the hydrogen to generate electricity, which then fuels vehicles.

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I’m afraid sometimes, without cooperation, what comeso

ut is confrontation,” said Solana, who is currently president of the ESADE Center for Global Economy and Geopolitics of Spain.

The senior politician and diplomat expressed concerns over the trade frictions between China and the United States, w

hich have conducted 11 rounds of trade negotiations, but have yet to reach an agreement.

The world’s two largest economies should engage in dialogue on an equal footing, Solana said.

“If they fail to resolve their trade problems, the global economy will start to suffer from this crisis,” he said.

In a global situation where protectionism and unilatera

lism are on the rise, a multilateral approach has to be maintained, he said.

Solana praised China’s hosting of the Conference on Dialog

ue of Asian Civilizations, and said this type of event could boost cooperation among different countr

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Some Chinese car companies are State-owned, usually

by provincial governments, but the car business in China is very highly competitive and foreign brands are very successful.

In any case, the continuing growth of an already large private sec

tor should alleviate foreign concerns about competing with State-owned companies.

During the George W. Bush administration, the US imposed tarif

fs on Chinese steel, arguing that State-owned companies had an unfair advantage. But, US st

eel companies also face higher costs because of increased environmental protection. China’s current emphasis on buil

ding an “ecological civilization” means that that kind of polluting heavy industry will be less viable.

China has also recently announced a strengthened regime of intelle

ctual property rights protection. Again, this is what foreign negotiators are seeking, but al

so is important for China’s own economy as it transitions to being a technology leader.

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Emperor Akihito abdicates, Japan embraces end of era

Japanese Emperor Akihito, in his final remarks as his three-decade reign drew to a close

on Tuesday, thanked the people for their support and expressed hope for a peaceful future.

Akihito, 85, was the first Japanese monarch enthroned unde

r a post-war Constitution that defines the role of the monarch as a merely a “symbol of the State.”

“To the people who accepted and supported me as a symbol, I express my heartfelt thanks,” Akihito, wearing a Western

-style morning coat, said at a brief abdication ceremony in the Imperial Palace’s Matsu no ma, or Hall of Pine.

“Together with the empress, I hope from my heart that the new Reiwa era that begins tomorrow will be peaceful and fru

itful, and pray for the peace and happiness of our country and the people of the world,” said a solemn Akihito, refer

ring to the new imperial era, standing flanked by Empress Michiko, who wore a long white and grey dress.

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President Xi invited the world to take part in the Belt

and Road initiative, calling on free and inclusive trade, global cooperation in the spirit of peace and pr

ogress, and the exchange and enhancement of the cultural foundations of human mankind. His rem

arks were very well received by the attending heads of states and other distinguished delegates. He called on the world

to give up on protectionism, nationalism and isolationism. Xi added that the B&R is building bridges to make the world a better place.

We heard from the Chinese president about the me

aning and the importance of the initiative, which is cooperation and benefits for all.

A new law in China about foreign investment opens the do

or for businessmen from outside to come in. It shows that China not only announced the inves

tment but at the same time it shows us how the procedures to continue to develop this initiative.

The initiative is important not only for China but for the world.

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New plan puts greater water efficiency on tap

An action plan has been introduced to tighten water consumption as part of high-quality development moves, which aims to improve

efficiency in the use of natural resources and better protect the environment while boosting economic growth.

By 2020, water consumption per 10,000 yuan ($1,487) of GDP is expect

ed to drop by 23 percent from that in 2015, with a 20-percen

t reduction in using water to produce 10,000 yuan in industrial added value, according to the plan promulgated by t

he National Development and Reform Commission and the Ministry of Water Resources on April 15.

In addition, China’s overall water consumption will be constrained within 670 billion c

ubic meters by 2022, with improved conservation, the document said. Furthermore, the figure will be con

trolled within 700 cu m with water conservation and recycling at a world-leading level by 2035.

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