d to bear the brunt of the tariff hike, because the tariffs will raise t
he prices of consumer goods. Besides, the higher tariffs will deal a blow to many US industries.
China’s countermeasure will have intended effect
The results of a quantitative simulation analysis show China’s counterm
easure of imposing tariffs on $60 billion of US goo
ds will have the intended effect, as the US’ losses are set to mount. According to the simulation analysis, China’s GDP, man
ufacturing jobs, exports and imports could reduce by 0.622 percent, 1.046 percent, 3.402 percent and 1.945 percent, w
hile that of the US could dip by 0.067 percent, 0.907 percent, 2.611 percent and 3.936 percent.
ive, calling for animal-friendly tours and for tour operators worldwide to keep wild animals in
the wild where they belong. It gained support from many travel agencies. By the end of last year, mo
re than 200 companies have removed the wildlife-related entertainment services, such as elephant rides.
Although some travelers are still not fully aware of the concept of animal-friendly tra
vel, the research reveals that 90 percent of them think the concept should be widely promoted.
Having visited the Antarctic more than 30 times, Zhao Xin, an experienced tour guide from Beiji
ng Caissa International Travel Service, said education on wildlife protection before such a tour is important.
major platforms for them to learn about the outside world. They also l
ike to use social networking platforms such as Pinduoduo and WeChat, on which they can bu
y products, socialize with friends, learn about the latest fashion trends and make purchases, Yu said.
“For example, Pinduoduo asks consumers to invite friends to join the platform, to help r
educe prices, which can be a good way of obtaining new customers and retaining them,” he said. “C
onsumers also like purchasing activities that can strengthen connections with friends.”
Sun said that because they face less work pressure and shorter commuting time, small-town youths have more free time com
pared with their peers in big cities. They mainly spend this time online or getting together with friends.
Some 88.7 percent of small-town youths surf the internet, 80.6 percen
t hang out with friends, and 60 percent watch movies, according to Sun’s report.