Let finance sector serve supply-side reform

At the Fifth National Financial Work Conference in Beijing on July 14-15, President Xi Jinping emphasized three major financial tasks: making the financial sector better serve the real economy, preventing financial risks and deepening financial reforms.

US steel policy may trigger a global trade conflict

As the White House seeks to turn steel imports into a national security matter, the issue is alienating not only China but also the United States' NATO allies. "They're dumping steel and destroying our steel industry, they've been doing it for decades, and I'm stopping it. It'll stop," US President Donald Trump declared during a recent flight from the US to France. "There are two ways: quotas and tariffs. Maybe I'll do both," he added just days before his administration's first Sino-US Diplomatic and Security Dialogue.

What to expect from China-US economic dialogue

The China-US Comprehensive Economic Dialogue takes place in Washington on Wednesday, the first meeting covering economic and trade issues since US President Donald Trump and Chinese President Xi Jinping agreed to transform the China-US Strategic and Economic Dialogue at their Mar-a-Lago Summit in Florida in April.

Building a society based on rule of law

China has made remarkable progress in guaranteeing judicial protection of human rights. The rule of law in the country has been constantly improving and providing better protection to human rights since the 18th National Congress of the Communist Party of China in November 2012.

Growth momentum even stronger with reforms

Early this year, China watchers expressed concerns that the country's economy might start to weaken in the second quarter. However, the latest data from the National Bureau of Statistics show such concerns were unfounded, and the world's second-largest economy remains resilient.

Financing the real economy

That the evolution of the supply side lags behind that of the demand side is the hard nut to crack for China's economy to develop in a healthy manner.

Time to change the minimum wage system in line with current realities

AS OF SATURDAY, 11 provincial regions, about one-third of the total, had raised their minimum wage this year. But the average growth rate of about 5 percent is a record low in recent years. Gmw.cn comments:

Weigh the pros and cons of new things

URBAN PATROL OFFICERS IN NANCHANG, East China's Jiangxi province, have impounded a total of 26,000 short-time hire bikes illegally parked on the city's streets. Beijing Youth Daily commented on Monday:

Authorities should keep an open mind about sleep cabins

A BUSINESS in Zhongguancun, a technology hub for startups in Beijing, which offered capsule-like rooms on a short-term basis, has been ordered to suspend operations, raising questions about the future of such hotels. Beijing News commented on Monday:

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Dialogue can reduce trade frictions

The first round of a comprehensive economic dialogue between China and the United States will be held on July 19 in Washington under the co-chairmanship of Chinese Vice-Premier Wang Yang, and US Secretary of Treasury Steven Mnuchin and Secretary of Commerce Wilbur Ross. It will be one of the many first rounds of future dialogues, which also include those on law enforcement, cybersecurity, and people-to-people and cultural exchanges.

Protecting juveniles from game addiction

Article 19 of the General Rules of Civil Law says: "A minor attaining the age of 8 is a person with limited capacity for civil conduct (or limited disposing capacity), who shall be represented by his or her statutory agent in performing juridical acts or whose performance of juridical acts shall be consented to or ratified by his or her statutory agent, but may alone perform juridical acts which purely benefit the minor or are commensurate with his or her age and intelligence."