The US administration’s more often than not conflicti

conflicting goals have resulted in the trade conflicts with China an

d other countries. For instance, China’s exports to the US grew 11.3 percent

and its trade surplus with the US increased to $323 billion in 2018, up 17.3 percent year-on-year.

Moreover, Washington has forbidden US companies to sell chips to ZTE, a Chinese multinational telecommunications equip

ment and systems company, even after imposing huge fines on the company. By so doing, the US has act

ually encouraged China to increase investment in its high-tech sector. So, even if China and the US

were to strike a deal, China would be prompted to import lower volumes of energy and agricultural products from the US.

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One standard goal is to create a “level playing field” so

 that foreign companies can compete against domestic companies in each country.

In the past several months, China has announced and started to implement a “negative list” program

that allows foreign companies to have 100 percent ownership in investments in all areas of the ec

onomy, except for a small number of areas, such as telecoms and defense, that are explicitly prohibited.

Also, foreign investment has been simplified by creating a

one-stop regulatory shop and a single application process.

These new policies will lead to greater competition within China, forcing Chi

na’s companies to become more efficient and to produce higher quality products.

The Chinese government has also recently announced tax cuts and financial regulation

s designed to help private companies. This will hasten the ongoing transition to a market-driven economy.

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There is some merit to raising capital,” said Chief Exec

cutive Elon Musk on a call discussing the results. “It’s probably about the right time.”

He also said he would prefer Tesla to be private but “that ship has sailed.”

The company which is ramping up production of its Model 3 electric sedan, the vehicle Tesla sees as the key to future succ

ess, stood by its 2019 delivery forecast of 360,000 to 400,000 vehicles and said it may produce as many as 50

0,000 vehicles if its factory in Shanghai reaches volume production in the fourth quarter.

Tesla said it would make a loss in its second quarter but predicted a return to profit in the third.

Musk said that global deliveries were “the most difficult logistics problem” he had ever seen.

Haris Anwar, senior analyst a financial markets platform Investing.com, called guida

nce for the second quarter “bleak”. “I continue to see a very volatile 2019 for Tesla and its shares,” Anwar said.

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Ma described the early radiation as carpet bombing, sayin

g it causes collateral damage in the area around the tumor. A “satellite map” is needed for a precision strike, he said.

Ma and his team put forward an individualized irradiation range and dose standard for radi

otherapy. The result is a clear picture showing high – and low-risk areas, which then allows dose stratification.

In 2014, an atlas of organs at risk in nasopharyngeal cancer patients was published in

Radiotherapy and Oncology. It suggested tailoring both radiation doses and targets, and setting a reco

mmended safety dose for protecting 33 normal organs around the nasopharynx.

Today, the five-year overall survival rate for patients exceeds 80 percent at Sun Yat-sen Uni

versity Cancer Center, while the rate of severe side effects from radiotherapy has dropped by 24 percent.

Ma, who has won China’s National Science and Technology Award twice with his team, is grateful to more than 10,000

patients who have participated in his research, saying their courage is behind the progress in the treatment.

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When more countries that are mainstream travel desti

tinations launch such services for Chinese, more will follow suit,” Dai said.

Industry insiders said that the rapid development of internet technology in C

hina and people’s heavy use of online shopping, mobile payment and banking servic

es have allowed e-visa services to take root quickly in the country.

“Such services, which save the time and trouble of sending passpo

rts and paper documents back and forth, suit the young groups, who usually don’t plan for a trip far ahe

ad of time,” said Li Ailing, founder of lvyouquan.com, which provides tourism information to agencies.

Objectivity and impartiality were emphasized in the latest draft revisions to the Judge

s Law and the Procurators Law submitted to China’s top legislature for review on Saturday.

According to the drafts, judges should adjudicate based on facts and t

he law, guided by objectivity and impartiality. Procurators should do the same.

Procurators must strictly ensure that crimes are punished only under the law, and protect hum

an rights. They must prosecute criminals while protecting the innocent from criminal prosecution, the draft revisions say.

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Craftsmen carve out niche with Nixing pottery

Photos have been released of China’s first domestically manufactured aircraft carrier on its recent fifth sea trial.

The trial tested the carrier’s command and control system and battle performa

nce, with the vessel completing tests of its mooring, power, battle and security system.

Unmanned convenience stores, vending machines, mobile payment…thanks to the latest technology, shopping has become even more effortless.

But shopping experience will go further than that: an eye-catching robot in Xi’an, Northwest China’s Shaanxi province, has hit the streets selling drinks and ice creams.

Powered by 4G networking and artificial intelligence, the human-shaped robot, Mr Doer, offe

rs ice creams and drinks on its own. The robot can also recite adapted poems or even dance to attract customers.

The China Conservation and Research Center for the Giant Panda in Wolong National Nature Res

erve in Sichuan province said on Wednesday it had started rebuilding a fence where a visitor had touched a panda cub.

It was making the fence higher so that visitors cannot reach the pandas

and it asked visitors to keep away from the animals. It asked them to refrain from climb

ing over the fence and from feeding or touching the pandas, said Wang Jisi, an information officer at the center.

On April 7, a woman surnamed Han said in social media that she and som

ebody else had managed to touch a panda cub without the consent of the center.

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China’s forex reserves continue to grow in March

China’s foreign exchange reserves rose to $3.0988 trillion by the end of March, official data showed Sunday.

The amount increased by $8.6 billion, or 0.3 percent from the end of February, according to the State Administration of Foreign Exchange.

China’s peer-to-peer (P2P) lending industry will continue to shrink and cons

olidate due to tighter regulation and weak investor sentiment, Fitch Ratings said in a report.

The number of P2P investors and platforms declined steeply last year after regulators tightened supervision, and Fitch exp

ect more platforms to close or consolidate this year as reforms continue to take effect, leading to a smaller, less fragmented market.

Stronger regulation of P2P companies will be positive over the lo

nger term for a sector that has yet to be tested through economic cycles, the report said.

New regulations will also require many platforms to reduce their

reliance on retail investors, leading to a shift toward wholesale or institutional funding sources.

Lenders with more robust business models, established risk-management capabil

ities and more stable access to funding are likely to gain market share, according to Fitch.

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Europe alone is not what makes London the number one cen

ter for foreign exchange, for example. We clear more dollars than New York, and are the largest center for RMB trading outside greate

r China. London is strong and international,” she said. “The long-term fundamentals of London and the UK still remain strong.”

Alex De Ruyter, director of the Centre for Brexit Studies at Birmingham City University, echoed the

view of McGuinness, saying: “Whilst I think Brexit has clearly had a significant impact, it must be remembered that Lon

don is a global financial center and the majority of assets held by the financial services sector are outside of th

e EU, with the US, China, and other emerging economies particularly important markets.

“The 800 billion pounds figure only comprises about 10 percent of the estim

ated total assets of the UK banking sector,” he said. “So, the total volume of business affected has been relatively small.”

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To attract more foreign investment to China, the country’s

 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.

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hina to establish first Great Wall restoration center surrounded

BEIJING – China’s first Great Wall restoration center will be established in Beijing, combining academic research, restoration and protection of the ancient wall.

The center will have archaeologists, designers and craftspersons w

orking together to make targeted plans for the restoration of the Jiankou section of the Gr

eat Wall, which is located in the northern Huairou District of Beijing, according to Beijing Daily.

“The new method will effectively tackle unpredictability in excavation and protection

of the Great Wall,” Zhang Tong, an official at the cultural relics administration of Huairou, was quoted as saying.

The center will also regularly check the conditions of the Great Wall for preventive c

onservation. It will keep records of the restoration for future use, the newspaper said.

With a total length of 7,952 meters, the Jiankou Great Wall was built during the Ming Dynasty (1368-1644). It was once neglected and became damaged over time.

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