US must send a thank-you note for yuan policy

China is not a currency manipulator, US President Donald Trump and the US Treasury Department ultimately said earlier last week. Yet the same conclusion has been reached in the past by many US economists, including former US treasury secretary Larry Summers who admitted the US government was wrong all these years in trying to push China to shore up the yuan when market forces were keeping it down.

Scaremongering about food safety constitutes a crime

THE CHINA FOOD AND DRUG Administration said recently that 45 percent of online rumors are related to food safety. Beijing Youth Daily comments:

High-speed rail is public service, not a gravy train for monopoly

CHINA RAILWAY CORP, the State-run railway company, will adjust the ticket prices for high-speed trains in certain southeast provinces starting on Friday. Most of the ticket prices will go up, and the ticket price from Ningbo in East China's Zhejiang province to Shenzhen in South China's Guangdong province has risen by over 50 percent. Legal Daily comments:

Dots of isolated incidents reveal rising militarist trend

Viewed in isolation, Japan's decision to allow schools to use Adolf Hitler's book Mein Kampf as teaching material might not be unacceptable.

Polluters beginning to feel the pinch

TWO EMPLOYEES of Shandong Lyujie Green Technology Co in Jinan, East China's Shandong province, have been detained for locking environmental protection inspectors inside a boiler plant affiliated to the company for more than an hour on Sunday. Thepaper.cn commented on Tuesday:

Powering up with the web

A year ago, President Xi Jinping, speaking at a conference on cyber security, urged new concepts to be adopted and an innovation-driven development strategy to be unswervingly implemented to build China into an internet power.

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Mutually beneficial plan to balance Sino-US ties

The meeting between Chinese President Xi Jinping and his US counterpart Donald Trump concluded on a positive note with the two sides agreeing on a 100-day plan to boost their relationship by taking concrete measures to balance bilateral trade.

Growth shows China's economy has resilience

China's GDP achieved a 6.9 percent growth year-on-year based on comparable prices in the first quarter of this year. From the perspective of the world economic pattern, this is an economic performance beyond extensive market expectations and its biggest effect will be to further consolidate China's status as the world's economic stabilizer and engine. Many market analysts previously anticipated that China would maintain such a status for the foreseeable future, but the first-quarter performance will further enhance their confidence in the Chinese economy.

Middle-income trap is not unbreakable

The term middle-income trap, first used by the World Bank in 2006, refers to a stage - generally, slower growth - an economy reaches after becoming a middle-income society. The middle-income trap, as such, reflects the inadaptability of the industrial development model.

Admitting what we don't know how to fix

What are the biggest problems facing humanity? A lack of education and opportunity, poverty, inequality, violence and war, and environmental degradation.

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