Even before the ruling, scholars had said Trump’s legal ar

Degree holders turn their backs on mega cities for better lifestyle choices

The population of college graduates is projected to reach a record high this year, turning an

already tough job market into a pressure cooker and intensifying the scramble for talent nationwide.

To many new graduates, mega cities such as Beijing, Shanghai and Guangzhou, Guangdong province, are less attractive beca

use of their high cost of living and greater peer pressure in the job market. And so the graduates are looking elsewhere.

The trend is changing the employment landscape in China, but it’s good news for sec

ond- and third-tier cities. The mega cities’ loss could be their gain in the brain drain game.

Continue reading “Even before the ruling, scholars had said Trump’s legal ar”

Wang Peng, deputy head of think tank China Center for

 Information Industry Development, said Huawei’s chip making arm HiSilicon can help Huawei ensure the s

ustainability of its business to some extent, and its chip stocks “are expected to provide a buffer of six months to a year”.

Huawei said it procured around $70 billion worth of components and services from i

ts 13,000 suppliers worldwide last year, with roughly $11 billion coming from US suppliers.

The US has been voicing the “national security threat” of using Huawei products.

French President Emmanuel Macron said on Thursday that France will allow Huawe

i to build its 5G network infrastructure while preserving national security, according to Xinhua News Agency.

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The move followed a State Council decision in April to es

tablish a policy framework for applying a fairly low RRR for small and medium-

sized banks in a bid to lower financing costs for MSEs.

Home prices in 70 major Chinese cities continued to stabilize despite slight increases in April, official data showed Thursday.

New home prices in four first-tier cities — Beijing, Shanghai, Shenzhen and Guangzhou — increased 0.6 percent month

on month in April, up from the 0.2-percent increase in March, said the National Bureau of Statistics (NBS) in a statement.

New home prices climbed 0.8 percent in 31 second-tier cities, and rose 0.5 percent in 35 third-tier cities.

As for resold homes, prices in the four first-tier cities reported a 0.4-percent growth mo

nth on month, while those in 31 second-tier cities went up 0.6 percent, narrowing from the 1.2-percent increase in March.

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Santarita said a similar concept can also be found in other

Asian countries, citing the Philippines’ compadrazgo and Indonesia’s bapakism as examples.

Compadrazgo, a Spanish word that literally translates to “co-fatherhood”, is based

on a kinship ritual that is formed after a child gets baptized into the Roman Catholic faith.

For the predominantly Catholic and close-knit Philippine society, t

he godfather (known as the padrino) is part of one’s extended family and is expected to he

lp and protect his godchild. The godchild is expected to respect and be loyal to the padrino.

Bapakism is derived from the Indonesian word for “father”. When us

ed in Indonesian business, bapakism demands great respect and obedience to one’s su

perior. The manager in his role as the company’s bapak is expected to look after and care for his employees.

Although Asian values are steeped in an ancient culture and tradition, it was only in t

he 1990s that this concept drew global attention. This was partly due to Asian leaders like the la

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market confidence in outstanding ways and promoted the stab

le growth of the economy, he said, adding that the positive factors for economic growth are increasing.

Noting that the uncertainties in the global economic environment are also rising and there remai

n downward pressures on the domestic economy, Li called for both attention and confidence from the entrepreneurs.

Related departments should follow the guidance of Xi Jinping Though

t on Socialism with Chinese Characteristics for a New Era, invigorate the market thro

ugh deepening reform and opening-up and ensure the stable growth of the economy, Li said.

He said that tax reduction is the key to improving the business environm

ent and invigorating the market, which will not only stabilize growth and employment bu

t also encourage companies to invest more in innovation for long-term development.

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Through 10 years of dedication to quality journalism and

 technological innovation, the app now is a market leader with over 20 million downloads.W

ith eight propellers stirring in the air and the motor roaring, a flying vehicle successfully carried its inventor Zhao

Deli, who was dressed in a black suit complete with a helmet, goggles and elbow and knee protectors, into the air.

Over 500 news media industry executives, journalists, sponsors and suppliers attended the 2019 event.

The Guardian walked away with the top prize.

Besides its accurate, timely and engaging news reporting, the app also

provides the go-to source for foreigners interested in travel, study or work in China.

“One judge particularly enjoyed the intelligent algorithm basis of the newsfe

ed. The China Daily app has enormous scale, is easy to use and is very reader friendly,” said the judging panel.

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Officials urged to create safe, stable societyand

Xi underlines building professional forces at key meeting on public security

President Xi Jinping urged the nation’s public security forces to fulfill their responsibilities and missions in the new era to cr

eate a safe and stable social environment that enables people to feel an even stronger sense of security.

Xi, also general secretary of the Communist Party of China Cent

ral Committee and chairman of the Central Military Commission, made the remark at a t

wo-day national conference on public security work, which concluded in Beijing on Wednesday.

He called for building highly professional public security forces that are loyal to the Pa

rty, serve the people, promote impartiality in law enforcement and remain disciplined.

Under the new historical conditions, public security departments must

adhere to the overall national security outlook and a people-centered approach, Xi said.

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US policy has done a disservice to the international com

munity’s efforts to advance the Middle East peace process and the remarks by the president’s son-in-law and a

dviser Jared Kushner indicating that an upcoming US peace plan does not include a two-state solution with the Palestinians sh

ows the US is hoping to undermine the international consensus built on that premise. Given its complex and chronic nat

ure, there is no quick remedy to the decades-old enmity between Israelis and Palestinians. But both sides need to exe

rcise the utmost restraint so as to avoid sparking another vicious circle of violence.

Meanwhile, the latest bloodshed should convince the inte

rnational community of the urgency of finding a way to resolve the Israeli-Palestinian co

nflict. The US is in no position to act as mediator, but it should avoid doing anything to make the situ

ation worse. And notwithstanding the US stance, the consensus on a two-state solution needs to be shored up and grea

ter efforts need to be made to resolve the Palestinian-Israeli issue through dialogue and negotiations.

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Firefighter and ambulances have arrived at the scene for

It was reported that the fire could be caused by lightening strike.

Moscow’s transport prosecution office is investigating into the incident and it will check i

f there were violations of the flight safety legislation, according to Sputnik news agency.

Sarah Daley, a student at the University of Virginia, has deep connectio

ns with China. She spent the summer of 2018 teach

ing English in Hebei province and has a younger sister who was adopted from China in 2009. Both experiences left

her with positive impressions of Chinese people and long-lasting friendships.

Those connections led to Daley being honored by the Chinese embassy

in the United States during an award ceremony in Washington on Saturday, after she sha

red her stories with the world through an event hosted by the embassy and China Daily.

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It is welcome news to hear that the National People’s

Congress has already taken steps to lay the groundwork” for implementing the new Fo

reign Investment Law, said Gupta, who brought up the possibility of China establishing “an ombudsperson’s desk” in

related government agencies to address foreign businesses’ legal concerns.

Gupta said China’s Foreign Investment Law could be a model for others looking to liberalize their foreign investment regi

mes, as China’s BRI is already delivering capital and know-how to other developing countries.

Overholt said that China’s past opening-up has been “extremely positive” gl

obally, and the BRI is a “very positive” vision that is good for China and the world.

“The key will be the implementation,” he said. “If the implementation is improved, it would be good for everyone.”

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