But China should realize that some EU countries have

 become increasingly cautious about deepening cooperation with China because of its rapid developm

ent; in fact, a few EU countries have decided to implement tougher measures for foreign trade. The European Commission even put

forward a 10-point policy package on China on March 11, which the European Council discussed on March 21.

But the fact that the Commission sees China as a “cooperation partner”, “negotiating partner”, “eco

nomic competitor” as well as a “systemic rival” means it wants to build on the partnership of strategic cooperation with China.

The EU’s attempt to coordinate the concerns of its different members and its efforts to continue dialogue with China reflect coope

ration are not a subjective choice of one single EU country but an objective choice for the mutual interest of all the parties involved.

China has addressed many of the EU’s concerns to strengthen coop

eration, including further opening-up. And it should keep taking measures to strengt

hen cooperation and communication to settle the disputes with EU countries and meet the emerging challenges.

shlf234.cn

Hainan’s hybrid seeds sprout along Belt, Road

Island province ‘will ensure’ that Boao Forum continues to promote cooperation

The international exchanges and cooperative efforts prompted

by the Boao Forum for Asia are turning Hainan province into the Silicon Valley of seeds for co

untries involved in the Belt and Road Initiative, according to a Hainan government official.

More hybrid rice seeds cultivated by Chinese scientists at the Nanfan Scientific and Rese

arch Breeding Base in Hainan are being introduced to ASEAN countries. The total combined area of hyb

rid rice cultivation in India, Vietnam, the Philippines, Pakistan and Indonesia – major rice-growing countries – has reac

hed 4.28 million hectares, said Wang Sheng, director of the Foreign Affairs Office of Hainan province.

Wang spoke at a news conference on March 19 before the Boao For

um for Asia 2019 Annual Conference in Boao, Hainan, which ends on Friday.

www.wk368.com

hina aims to reduce cost of logisticsna aims to reduce

 logistics costs by nearly 121 billion yuan ($17.8 billion) this year, the Ministry of Transport an

nounced on Thursday at a news conference of the State Council Information Office.

Spokesman Wu Chungeng said the ministry will unveil a st

ring of measures not only to cut costs but to promote innovative development of the industry.

China will continue to increase railway freight volume, upgrade its

water transportation system, regulate highway freight transport and speed up mul

timodal transport in a bid to improve its logistics network and optimize its structure, Wu said.

It will also further integrate important ports and harbors into the inland multimodal transport and logistics netw

ork, which will connect them with more railways and highways and enable improved cargo interoperability, he said.

The country will also expand the use of pilot programs to deepe

n reform of the administrative law enforcement system in the logistics industry to improve i

qzof2.cn

streamline certain fees related to ports, highways and airpo

he said. In addition, the ministry will step up its efforts to manage the effects of eliminating highway toll stations at provincial boundaries.

The ministry also called for small and medium-sized enterprises to forge alliances for common development to consolidate the fragmented logistics sector.

In recent years, China’s logistics industry has been experiencing consistent growth on the back of steady economic progress and a rising domestic market. Accor

ding to the National Development and Reform Commission, logistics expenditures rose 9.8 percent to 13.3 trillion yuan, am

ounting to 14.8 percent of last year’s national GDP. The share was slightly up from the previous year.

The logistics sector is of strategic importance in the development of the market econom

y, and the ministry has been making consistent efforts to reduce logistics costs and raise efficiency. It redu

ced logistics spending by 56 billion yuan in 2016, 68 billion yuan in 2017 and 98 billion yuan in 2018.

China ranked 12th last year in the World Bank’s logistics performan

ce index covering 160 countries and regions. China’s position has moved up 15 places since 2016.

www.shlf07.cn

hina to improve transport efficiency, reduce logistics costs

China will unveil various measures to improve transport efficiency and lower logistics costs, according to a spokesperson for the transport ministry.

Vowing to see a notable increase in transport efficiency in the next

three years, the country will accelerate the construction of a comprehensive tra

nsport network, spokesperson Wu Chungeng told a news conference on March 28.

Efforts will also be made to expand the electronic toll collection system and promote multimodal transport, Wu said.

Meanwhile, the logistics costs are expected to be reduced by 120.9 billion yuan (about $17.97 bil

lion) in 2019, and a logistics service system in line with the country’s high-quality growth will be established over the next three years.

To fulfill such targets, the ministry will optimize transport struct

ure, upgrade rail, road and waterway transport systems and expand the network of logistics hubs, Wu said.

shlf07.cn

Her remarks were based on a Deloitte research, named

Deloitte Industry 4.0 Readiness Report. The research surveyed more than 2,000 global executives and public sector leade

rs in 19 countries, including about 130 from China, about how they are prepared to embrace the revolution.

According to the report, the revolution-which features the booming new technologies and th

e combination of them-has a big opportunity to positively change the world, but has also posed great

challenges. To thrive in the future, Hook believes businesses should strengthen cross-border cooperation and pri

oritize diversity and inclusiveness in corporate cultures-all to maximize the ideas and angles to tackle the challenges.

A key part of achieving diversity is to close the gender gap in bu

siness leadership, which is especially large in the Asia-Pacific region, including China.

According to a report from McKinsey Global Institute released last

year, slightly less than four women held leadership positions for every 10 men in bu

siness and politics, worldwide in 2016. The figure fell to one for four for the Asia-Pacific region, and one for five in China.

shlf08.cn

Top court’s new IP tribunal upholds French firm’s patent

The top court on Wednesday ruled in favor of a French global automotive supplier in a patent dispute

with two Chinese car accessory companies amid the country’s intensified efforts to protect intellectual property rights.

It was also the first public hearing by the Intellectual Property Court of the Supreme People’s Court since the special court was set up on Jan 1.

Valeo Systemes d’Essuyage, one of the world’s leading auto component providers, sued X

iamen Lukasi Car Accessories Co and Xiamen Fuke Wiper Co, two companies based in Fujian pro

vince, claiming infringement of Valeo’s patent on a connector for windshield wipers.

An IP court in Shanghai reached a verdict on Jan 22 finding that the two Chinese companies must cease their infring

ement. The two companies appealed to the top court, insisting that their products did not infringe on Valeo’s patent rights.

www.shlf168.cn

For example, banks tend to gravitate to Frankfurt beca

 it is already a banking center in the European context, plus a clearinghouse. Also, Frankfurt has the Euro

pean central bank, which is now the regulator for all banks in Europe. So, the banks want to be closer to the major regulator,” Donoghue said.

As for asset management, insurance, and funds companies, Donoghue said, they are relocat

ing to Dublin because the city has a very broad and diversified set of capabilities in running funds and managing assets.

Andrew Pilgrim, associate partner at consultancy Ernst & Young, which is known as EY, sai

d it is probably not in the EU’s best interests to have financial services concentrated in one location.

“From policy and political perspectives, there is an argument to say that actually having a balanced financial sector across many EU jurisdi

ctions means that you have less risk concentrated in one jurisdiction,” Pilgrim said. “And it also means that you get a more balanced regu

latory and supervisory environment across all the EU member states, as opposed to all of that being focused on one.”

www.sh419ss.com

n a rainy day, Gao Ziren accompanied the girl home and

comforted her when she was frightened by thunder. Gao has also used his mobile phone to help the girl talk with her parents. Gradually, her performance improved.

“I have taught many students since being a teacher for so many years. Some students wo

uld like to visit during the holidays, and it feels good that someone remembers you,” Gao Ziren said.

“When rural children lack family education, schools and teachers need to do more in psych

ological education,” said Li Wu, a principal of Meiling Central School. He said rural areas need more teachers like Gao Ziren.

Growing the traditional herb on trunks of oak trees has lifted more than a thousand people out of poverty

It is still early spring in southwestern China’s Guizhou province, but the forest in Zhegui

village is already filled with vitality: oak trunks covered with orchid-like stalks, with branches swaying in the breeze.

www.ashck.com

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.

ash01.com