onfidence to tackle technology challenges risings better

Chinese business leaders are more confident and prepared in addressing the challenges brought by new technologies than

those in many other countries, said Cindy Hook, CEO of Deloitte Asia-Pacific, a global consultancy firm, on Thursday.

While many business leaders in the rest of the world take a protective approach to using technologies, Ch

ina’s leaders would like to “disrupt their sectors” and facilitate real changes, Hook said on the sidelines of the Boao Forum for Asia.

“Chinese enterprises are looking at the technologies available-whet

her it’s artificial intelligence, big data or the like-to actually come up with whole-new busi

ness models and whole-new approaches to doing things, not just improving the old processes.”

With the readiness for technologies, China is likely to lead on many aspects of the unfol

ding Fourth Industrial Revolution, such as e-commerce, smart cities and the internet of things, Hook said.

The country’s impact on the revolution will be enlarged by its opening-up determina

tion, she added, citing the fresh opening-up measures announced by Premier Li Keqiang at the forum on Thursday.

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hina urges UK to stop interfering in Hong Kong’s affairs

China on Thursday urged the United Kingdom to respect China’s sovereignty and stop interfering in Hong Kong’s affairs.

Foreign Ministry spokesperson Geng Shuang made the remarks after the UK government released its latest six-monthly report on Hong Kong.

“We urge the UK to face the reality that Hong Kong has returned to China for 22 years, respect China’s s

overeignty, stop releasing relevant reports, and stop interfering in Hong Kong’s affairs,” Geng said at a press briefing.

It is undeniable that the “one country, two systems” practice has achieved widely-acknowledged success, he said.

“Hong Kong’s affairs have been entirely China’s internal affairs since

July 1, 1997. The British side has no right to make irresponsible remarks or interfere with any excuses,” Geng said.

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The improvement is attributed to the establishment of a nati

national-level IP court under the Supreme People’s Court on Jan 1, which has strea

mlined the appeals process and helps prevent inconsistency in legal

applications, Ma said.

With such a national-level IP court,

litigants who disagree with the verdicts of local cou

rts at the city level or local IP courts can appeal directly to the top court instead

of appealing to provincial-level courts.

Under previous procedures, the two Chinese companies could not have appealed

to the top court directly but would have had to go to the Shanghai High People’s

Court after the first verdict.

Guan Yuying, an IP researcher at the Chinese Academy of Social Sciences, said

a streamlined litigation process and more p

rofessional judges for IP-related lawsuits will help ensure the judicial quality of

such complicated patent cases.

Wednesday’s trial was heard by a five-judge panel led by Luo Dongchuan, vice-

president of the top court and the chief judge of its IP court.

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There is “more appetite” among them for western arts ac

oss the period, be they old masters’ paintings, impressionist, or modern and contemporary, he said.

The second trend is that Chinese and Asian markets continue to grow and flourish

despite short-term macroeconomic challenges the world is facing, Belin said.

“We continue to see strong appetite for collecting and strong growth.

We continue to see a very strong demand and we do see (in Asian Art Week here) very stro

ng buying appetite from our clients; a depth of biding that even surprised ourselves,” he said.

The third key trend in Asia is growing number of young collectors, Belin said.

“There are more young billionaires in Asia than we have in Europe and in the U.S., and that’s also reflected in collec

ting, which is very exciting for Christie’s, because we can bring our clients much earlier on the collecting journ

ey with the best art across the world. And we can accompany them for even longer time in their journey.”

The flourishing Chinese culture market represents “fantastic opportunities” for Christie’

s and the auction house always attaches greater importance to the Chinese market, said the senior industry leader.

Being the first international fine art auction house to be gran

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Former vice-minister of public security expelled from Party

Taking a step requires just one second for a typical person. But not for Gao Ziren, whose paral

yzed left leg requires him to first move a crutch forward before his leg, and then balance himself.

For 42 years, Gao, a teacher at Lixin village primary school in a mountainous area of East China’s Jiangxi province, has walked th

is way between his home, the school and his students’ homes. Over the course of his career, he has worn out more than 60 crutches.

Gao, 60, was born in a mountainous area of Meiling township, Wanli district of Nancha

ng. After coming down with polio at the age of 1, his left leg suffered muscular atrophy, which left him unable to walk normally.

He did not give up, relying instead on his mental strength to finish his studies from primary school through high school.

He started his career in 1977 when a village official visited him about being a teacher in the village, as one of the two teachers the

re had left. Gao agreed to take the position, as he knew the importance of a teacher to students, especially those like him.

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They’re the tiepishihu (dendrobium officinale), a valuable C

hinese herbal medicine,” said Ruan Jian, deputy manager of Anlong Xic

heng Xiushu Agriculture and Forestry. “Zhegui village has sufficient forest coverage, with p

roper altitude and climatic conditions, which is very suitable for growing imitation wild dendrobium.”

The plant, a member of the orchid family, is known as an important traditional medi

cine in China since many of its biomedical benefits have been scientifically examined.

Wild dendrobium officinale became an endangered species in the 1980s. However, with

the breakthrough of tissue culture technology in the early 2000s, artificially cultivated plants entered the market.

With the expansion in scale, dendrobium planted in some region

s suffered from problems such as pesticide residue, elevated levels of heavy metals and poor quality.

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Chen, who worked outside of Guizhou for many years

ow works in the village as a manager of the dendrobium planting base.

“It’s wonderful that our village has an industry now, so I don’t have to leave my hometown anymor

e. Life is much more comfortable than in the past,” said Chen, adding that she now earns a monthly salary

of more than 3,000 yuan ($446). She can also cycle to work in just a few minutes and can take care of her two children and elderly mother-in-law.

“Without competing with agriculture, planting the dendrobium can liberate good fields,” Chen

said. “Without harming the grass or trees, we can achieve harmonious coexistence. High mou

ntains and deep forests do no harm to the plant, but can help restore authentic herbs.”

The period for flower gathering lasts from April to June every year, and the fresh branch picking period is from Novemb

er to March. Residents from the neighboring area can all come to work at the base, and a skilled worker can earn up to 500 yuan a day.

“Last year, the salaries we paid totaled more than 4 million yuan,” said Ruan, adding that the

re are always job vacancies at the base. During the peak picking period, more than 200 workers are needed every day.

As the cultivation features “zero chemical fertilizer, zero chemical pesticides, zero hor

mones, and zero transgenics”, dendrobium produced in Zhegui finds a ready market.

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China and Italy complement each other in terms of resou

 resource endowment, with trade cooperation being the cornerstone of their relationship. Belt and Road projects have already helped expand the shipping trade

in the Mediterranean region, creating unprecedented development opportunities for Italy’s major ports.

And now that Beijing and Rome have signed a MoU on the Belt and Road Initiative, the two sides can establish better con

nectivity in order to promote globalization and free trade. The MoU also suggests that even developed coun

tries have started to accept the BRI as a connectivity and economic development initiative.

The MoU could also be an antidote to the rising wave of unilateralism

and trade protectionism in some regions, as more developed economies could now join the BRI.

China is now one of the largest cooperative partners of Italy i

n terms of imports and exports. As of November 2018, the bilateral trade volume had reac

hed $48.25 billion, more than the total for the whole of 2017, making Italy China’s ninth-largest export des

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largest source of imports. Given that Italy enjoys many tec

hnology and brand advantages, it has become one of the main destinations for Chinese ente

rprises’ overseas investment in recent years, with the scale of investment gradually increasing.

The establishment of the China-Italy Government Committee and dialogue mechanisms such as regul

ar meetings between the Chinese premier and Italian prime minister has provided a solid institutional foundation for cooperation bet

ween the two countries. And frequent high-level interactions between the two sides have deepened their economic ties.

But there is still enough room to expand Sino-Italian economic relations. In terms of trade, th

e industrial structures of China and Italy are highly complementary, and the huge potential for

bilateral cooperation in manufacturing, agriculture and innovation has not been fully tapped.

China has a vast market and is the world’s second-largest impor

ter of goods and services, and has vowed to further increase its imports. At the first China Inter

national Import Expo in Shanghai in November, President Xi said China’s imports of goods and service

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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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