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nt history, the relocation of some manufacturing industries from
上海龙凤1314China to overseas destinations is inevitable given the extent of China’s development. On the other h
and, this phenomenon does not mean China will lose its manufacturing and economic power.上海龙凤1314品茶微信
During the previous five industrial migrations, the economic development of the leading countries that hosted such industries didn’t stop after
some of the traditional sectors relocated to other countries. Instead, they soon saw the rise of new industries, high-end m上海龙凤1314
anufacturing and the service sector－and they are still developed economies. For example, the US is still the world’s larg
上海龙凤1314品茶微信est economy even 60 years after the third industrial migration, while Japan, Germany and Britain are ranked among the
top seven economies in terms of size and quality even decades after the industrial migration.上海龙凤1314
Relocation speed and scope not alarming
As a country with the world’s largest population, the third-largest territory, and the longest continuous上海龙凤1314
economic growth curve, China’s case will be the same even after the relocation of some of its manufacturing industries.
First, as mentioned above, the speed and scope of the manufacturing units’ relocation from China are not as fast and large as s
上海龙凤1314品茶微信ome people imagine. The industrial relocation from China started after the 2008 global financial crisis br
oke out, accelerated in 2012, and gained pace last year due to the Sino-US trade conflicts.
But the consequences are not expected to be very serious. For instance, from 2008 to 2018, global trade grew at an annual aver
age rate of 2.4 percent, while China saw 6.3 percent annual average export growth, which shows China’s export g上海龙凤1314品茶微信
rowth has been not only steady, but also 3.9 percentage points higher than that of global trade.
As a result, the share of China’s exports in global exports rose from 8.9
percent in 2008 to 12.9 percent in 2018, an increase of 4 percentage points. Which is a clear indica上海龙凤1314
tion that the relocation of manufacturing industries from China is not fast enough to make us feel worried.
Second, the rapid rise of emerging manufacturing industries in China will to a large extent offset t上海龙凤1314
he impact of the relocation of low-end industries on its entire manufacturing industry and e上海龙凤1314品茶微信
conomy. Therefore, China will continue to be a manufacturing and economic powerhouse.
meras as the “eyes” and two 7 megapixel cameras as its “ears”. With sens
ors at the top of its head and mouth, the robot can also detect wind velocity, carbon dioxide le上海龙凤1314
vels, humidity, temperature and other data about the natural environment of the green house.
上海龙凤1314女神会所The farm robot has been successfully tested for compatibility with the 5G mobile communicatio
n technology, which allows the data to be analyzed by computers enabled by AI in the control room more efficiently.
“Currently, the robot can inspect farms automatically and collect dat上海龙凤1314
a samples used to power various applications. It can determine plants’ health condition and deci
de if pest control measures are warranted,” said Chen Li, deputy director of marketing at Newland.上海龙凤1314
Washington should face the matter of deficit squarely: former vice-premier
The “real” trade imbalance between the world’s two largest economies has long been overstated b
上海龙凤1314女神会所y 20 percent. Better data would give a more balanced picture of Sino-US trade and reflect the gains th
at both sides derive from their economic relationship, said former Chinese Vice-Premier Zeng Peiyan.
There has always been divergence between Chinese and US figures on the bilateral trade gap due to the different met
hods used. Current methods omit trade in services from the trade balance, overlooking China’s role in processing tr上海龙凤1314女神会所
ade, and thus overestimating the trade deficit, Zeng told a seminar in Hong Kong on Tuesday.
The two-day event, themed “US-China Trade and Economic Relatio
ns: What Now, What Next”, invited former government officials, industry re上海龙凤1314
presentatives and academics from home and abroad to share their insights on the year-old Sino-US trade friction, w
hich has become the single most important factor in the global economy and markets.
上海龙凤1314女神会所According to Chen, the robot is still a prototype and on the basis of that the two sides hope to step u
p investments to develop versatile robots that can even pick fruit with a bionic hand in the future.
“Based on the mass agricultural data and images we have acquired, we hope to build an optimized plant growth model to ach
ieve automatic control of the growth environment and early warning of pests and diseases,” Chen added.上海龙凤1314女神会所
China is now the world’s largest market for industrial robots. As labo
r costs continue rising, the demand for robots will be stronger in the nation, said Wang Tia
nmiao, president of the Smart Manufacturing Research Institute at Beihang University.
than 150 countries, including 37 heads of state or government, for the thre
e-day event starting on Thursday, Wang said, adding the forum, themed “Belt and Road Coop
eration: Shaping a Brighter Shared Future”, aims to bring about high-quality cooperation under the initiative.
President Xi Jinping will deliver a keynote speech at the op
ening ceremony of the forum, and chair the leaders’ round-table summit, Wang said.
Saying the BRI has delivered real benefits to participating countries, Wang stated the hats like “debt traps” cannot be put onto t
he head of the Belt and Road, and this is not something any participating country would recognize.
He added that international communities should base their understandings and comments about the BRI on the facts.
Trade volume between China and the countries participating in the B
RI has exceeded $6 trillion, the number of investment is over $80 billion and arou
nd 300,000 jobs have been created for the people from the countries involved in the initiative, Wang said.
question whether the US is really trying to improve the DPRK-US relationship and it is wondering whe
ther its previous steps to promote engagement with Washington were the right thing to do.
In what was the most comprehensive review of Pyongyang’s recent i
nteraction with Washington, the DPRK leader put the ball decisively back in Was
hington’s court after the US president floated the idea of a third summit on Thursday.
Washington maintains unabated zeal for a deal of some sort, because ot
herwise the engagement with Pyongyang since last year
would be regarded as failure. So, more likely than not, it will try to find a way to keep the possibility of a summit alive.
But the “correct manner” Pyongyang demands is Washington forsaking its “max
imum pressure” and demonstrating sufficient goodwill by relieving, or completely rollin
g back, sanctions, putting an end to the state of war, or, even better, offering economic incentives.