Fertility rates, meanwhile, remain astonishingly high in

n some countries, especially in Sub-Saharan Africa. In a few of the poorest-Niger, Mali and th

e Democratic Republic of Congo-the rate is 6-7 children per woman. The resulting flood of new ent

rants to the labor market is far outstripping the number of jobs available.

Empowering women key to meeting challenge

No known growth model can accommodate or keep up with this k

ind of demographic surge. Even sustained economic growth of around 7 percent per year

won’t be enough. And although fertility tends to decline as incomes rise, that does not happen immediately. Em

powering women, therefore, may be the most effective way of starting to address the challenge.

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The reform and opening-up policies are exactly the kin

ds of market-driven reforms needed to make this happen. The Chinese government is investing heavily in research

and development, but it should be noted that the R&D spending as a percentage of GDP is still lower than that of the US.

Nobody likes competition against themselves. So, it must be admitted that China’s transiti

on to a high-tech, high-value-added economy will come as a shock to many companies around the world.

The US economy, which has about 7 percent of GDP in high-tech manufacturing, will be lightly affected by this change.

On the other hand, advanced manufacturing contributes around 20 percent of GDP in South Korea, Japan, Ge

rmany and a few smaller European countries. They will be much more directly affected.

China’s transition over the next 10 years will not be painless for its compa

nies or for foreign competitors. But, reform and opening-up policies that create more com

petitive companies and markets are the only way to achieve a richer and more productive world economy in the long term.

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China has also recently announced a strengthened reg

gime of intellectual property rights protection. Again, this is what foreign negotiat

ors are seeking, but also is important for China’s own economy as it transitions to being a technology leader.

Trade agreements can affect the types of goods being traded and they can redirect trade toward one c

ountry, away from others. They cannot directly affect any country’s worldwide current account bal

ance. A country that saves less than it invests will have to borrow foreign funds to import foreign goods to make up that difference.

There are two ways to reduce the US trade deficit. A serious recession would reduce investme

nt, but nobody advocates that as a strategy. The only other path is to change the US financial and gov

ernment system to encourage increased savings. China has almost nothing to do with it.

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Wu Zhongliang, director of the administration’s Institu

itute of Earthquake Forecasting, said the experimental site will help form a

“united front” at the national and international level to work on earthquake forecasting.

Referring to earthquake forecasting as a hard nut to crack, Wu said t

he work cannot see marked progress just in a few days, but forecasting capability will be imp

roved as technology develops. “If it’s a war between humans and earthquakes, it’s us that will finally win,” he said.

Paul Tapponnier, a distinguished research professor a

t the administration’s Institute of Crustal Dynamics, said he “wholeheartedly” wel

comes the project. China boasts unique conditions to carry out the experiment as most of its earthquakes oc

cur “inside the land under the feet of the people” rather than in the ocean, and there are many active faults in the country.

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US soy farmers call for cool-down of trade tensions

US soy farmers have urged Washington to work for a positive solution to the current tarif

f dispute with the world’s top oilseed buyer China, and avoid further escalation of trade tensions.

In a statement released late Tuesday, the American Soybean Association (ASA) described the t

hreat by US President Donald Trump’s administration to increase the tariff rate from 10 percent to 25 p

ercent on $200 billion worth of Chinese goods as the “worst case” for US soybean growers.

“This is a predicament for soy growers,” said Davie Stephens, ASA president and a soybean farmer from Kentucky.

“With depressed (soybean) prices and unsold stocks fo

recast to double before the 2019 harvest begins in September, we nee

d the China market reopened to US soybean exports within weeks, not months or longer,” he added.

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Other signs of a more vigorous Chinese economy wer

 also visible in the quarterly financial results, including an accelerated transition to innovation-based growth.

According to Wind Info, sectors like communication, non-banking financials and co

mputers topped the earnings growth of all sectors of the A-share market in the first quarter.

“The communication sector registered a 310-percent growth in profits in

the first quarter, bolstered by the acceleration of 5G infrastructure construction and the rec

overy of industry giant ZTE Corp,” said Wang Yi, chief strategist at Shenzhen-based Great Wall Securities.

In the future, as large-scale commercial uses of 5G are poised to take

place, profitability of related companies will continue to see improvements, he said.

Listed companies have also stepped up innovation capabilities. In 2018, Sh

enzhen-listed companies increased their aggregate research and dev

elopment expenditure by 22.3 percent, with 11.4 percent of them having R&D expenditure in excess of 10 percent o

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In addition, the institute will invite foreign experts

to give lectures to the students to provide access to new developments in the international space sector.

“We want to make sure that they will be able to design satellites when they complete their study here and go back to their countries,” Cui said.

He added that compared with their Chinese peers, the foreign

students are more active in class and are better at asking questions and sharing their thoughts.

The foreign students will choose either remote sensing or comm

unications satellites as the topic for individual research at the Shenzhou Institute, Cui s

aid, adding that their choice will depend on what they will do in their homeland after the program.

Wang Jie, the mentor of the eight-student class, said that in addition to professional knowledge

and on-site tours, the institute also arranges lectures on Chinese language and culture for the foreign s

tudents and takes them to such historical sites as the Forbidden City and Summer Palace.

howcode.cn

Since the expo site is about 74 km from downtown Beiji

g and the Yanqing district also has many tourist attractions, especially the Badaling section of t

he Great Wall, the authorities have launched a comprehensive plan to meet the requirements.

The government has added public transportation means for tourists. Six bus lines directly linking the expo site via the exp

ressway linking Beijing and Chongli district of Zhangjiakou, Hebei province, have been introduced.

The bus lines start at Zhuxinzhuang Station of line 8, Beianhe Station of line 16, Tiant

ongyuan North Station of line 5, Jin’anqiao Station of line 6, Xierqi Station of line 13 and Liuliqiao East Station of line 9.

Buses running between Zhuxinzhuang Station and the expo’s P3 Parking

Lot will commence journey once the vehicle is full at every less than 30-minute intervals. Othe

r five lines will run every 30 minutes on weekends and holidays. The bus fare will be 16 yuan.

ash22.cn

As the impact of higher deliveries and cost reduction

 take full effect, we expect to return to profitability in Q3 and significantly reduce our loss in Q2,” Musk said in a letter to investors.

The Silicon Valley company has weathered a challenging few months, marked by a sharp drop in the number of vehicl

es delivered to global customers during the quarter and a public spat between Musk and financial regulators.

Shares fell less than a percent to $258.00 in after-hours trade.

Satellite remote sensing has transformed environmental law enforcers into clairvoyants thanks to a

n app on drinking water sources developed by the Ministry of Ecology and Environment, People’s Daily reported.

Law enforcement on drinking water source protection zones is difficu

lt due to its unique characteristics – some drinking water source protection zones are as larg

e as thousands of square kilometers while some are located in remote mountainous areas which are hard to ac

cess. Therefore, traditional ground investigation to locate violators is high in cost and workload and low in timeliness.

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Mapping of parathyroid hormone to help patients of os

Scientists have for the first time seen clearly the dynamic structure of the receptor of human parathyroid hormone, of which the s

ecretion is closely related to diseases including osteoporosis, hypoparathyroidism, and cachexia.

The revelation provides valuable insights into discovering novel therap

eutics against such diseases, the group of researchers said at a media briefing on Friday.

Patients of osteoporosis, who the National Health Commission in October said number nearly 20 percent of Chin

ese over the age of 50, need to take medicines stimulating the human parathyroid hormone receptor.

As such medicines are polypeptide, they can only be injected rather than being orally ta

ken, which can trigger a reaction with enzymes in the mouth and become ineffective, researchers said.

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