It’s a Sunday afternoon and Yang Haisong seems to be in a chipper mood. Under a blazing sun on a warm day in Beijing he sit
s on the side of a road smoking a cigarette. Yang, a founding member of the Chinese rock band P. K. 14 and its l
ead vocalist, is taking a break from activities in Free Sound, a record store in which he has been talking to fans about th
e band’s seventh studio album, What We Talk About When We Talk About His Name.
Yang hails from Nanjing, Jiangsu province, and it was there that P.K. 14 was formed nearly 22 y
ears ago before going on to become one of the most influential rock bands in China’s indie rock scene.
“I love record stores,” Yang, 46, says. “Of course listening to music
online through streaming services is incredibly conven
ient, but when I hold cassette tapes or vinyls in my hands I feel this connection with the music.”
The band’s latest album, released on Oct 14, 2018, was recorded in Be
rlin, and in addition to being streamed online, it was distributed on record and cassette.
ent of the Belt and Road Initiative, are boosted by China and Azerbaijan
via linking people of the two countries in cultural exchange, education, human
itarian dialogue and tourism cooperation. China and Azerbaijan signed a memorandum of understanding to stim
ulate tourism between the two countries. “Data from 2018 shows 15,000 Chinese tourists visited Azerbaijan last year, w
hich is not enough of course, and we aim to do more to attract more visitors in the coming years,” Hajiyev said.
He also highlighted education exchanges between the two countries, as China has sent students to study language in Azerba
ijan and viceAs Azerbaijan has a favorable political and geographic location, the country aims to become a tran
sport hub connecting Europe and Asia under the framework of the Belt and Road Initiative. “The point of the transp
ortation network is to integrate it with the original countries,” Hajiyev said, adding Azerbaijan has built a network of transp
ortation including seaports, airports, railways and land roads.-versa. “We are looking forward to increase the numb
er of (students) because we see they can play the role of a humanitarian bridge between our countries.”
tions at the Brussels summit, has pledged to intensify discussions on the rules concerning in
dustrial subsidies, a priority for the WTO reform for the EU. This is being seen as a breakthrough by the EU side.
In fact, almost all countries provide subsidies for domestic companies in certain sectors, and i
n most cases, China has given subsidies to Chinese companies in strict accordance with WTO rules as its ultim
ate goal is to achieve complete marketization. Yet intensifying discussions on industrial subsidies and other
sensitive issues, including intellectual property rights protection, is a step that must be taken to not only addre
ss WTO members’ concerns, but also invigorate the organization and the global trading system.
China, US should jointly promote WTO reform
Chen Fengying, a senior researcher in world economy at the China Institutes of Contemporary International Relations
The Office of the United States Trade Representative seems to have made dr
iving the WTO reform its priority so that Washington can claim the discourse rights in global t
rade mechanisms and lead the process for making new trade rules and establishing a new global trading system.
“I want us to be able to leave the European Union in a smooth and orderly way as soon as possible,” she told reporters.
Her EU peers, however, are sceptical about her ability to break the dead
lock soon. They are exasperated with May’s handling of a tortuous and costly divorce that is a di
straction from ensuring the bloc can hold its own against global economic challenges.
Across from the summit venue, the EU executive celebrated its part in funding a global project that produced the first p
icture of a black hole, prompting no shortage of ironic comments on social media about the juxtaposition.
Blogger Eliot Higgins tweeted: “We’re now more certain about what black holes look like than what Brexit looks like.”
One of the country’s major movie events, the 9th Beijing International Film Festival, will o
pen with a Sino-Kazakh production about late composer Xian Xinghai, Xu Fan reports.
The Composer, the first Sino-Kazakh production depicting the final years of Chinese
musician Xian Xinghai, is set to open the 9th Beijing International Film Festival on Saturday.
hinese sales of passenger vehicles, MPVs, SUVs and minivans in March dropped 12 percent on a yearly basis to 1.78 million units.
This is the 10th consecutive monthly decrease, according to the C
hina Passenger Car Association (CPCA), Changjiang Times reported.
The MPV sector saw the largest sales decline, 20.2 percent to 130,000 units in the pas
t month, while SUVs and sedans dropped 10.7 and 12 percent, respectively.
The decreases in 2019’s first quarter are mild compared with those at the end of the last year, CPCA said.
As the State-VI emission standards will be implemented from July 1 this
year, some Japanese brands have launched corresponding products ahead of their co
unterparts, and performed well in sales and consumer confidence, CPCA said.
“Automobile sales in North China, and those in the county and township level, are still weak,” the association added.
ntry in the forest sector by the middle of this century in a guideline on promoting the greening of the homeland issued in November. The count
ry also aims to increase its percentage of forest cover from 21.7 percent in 2018 to about 23 percent in 2020, and 26 percent in 2035.
China’s digital trade is expected to lead global trade development, with the economic value of di
gital trade-enabled productivity benefits to the Chinese economy estimated to reach 37 trillion yu
an ($5.5 trillion) by 2030,according to a report on how China can capture digital trade opportunities at home and abroad.
Digital trade has become increasingly important; there are a lot of definitions of digital trade going on, with
the most common one being e-commerce, including monetary transactions and exchanges of goods and services, said re
search project head Konstantin Matthies, noting the report studies digital trade with a much broader approach.
“Digital trade” refers to the production, distribution, marketing, sale or delivery of goods and servi
ces – domestically and abroad – supported by cross-border digital flows. This consists of trade in digi
tally enabled products and services and cross-border data flows that create economic value in the domestic economy, acc
ording to the report jointly released by the Center for China and Globalization as well as the Hinrich Foundation.