SUNDAY MARKED the 97th anniversary of the founding of the Communist Party of China, and it must continue to show that it works together with the people, unites with the people, and strives to make the people live a happier and more dignified life. People's Daily comments:
THE PRICE of crude oil price surged to a three-year high on Friday. The high oil prices show that even if countries take up positions to stabilize oil prices, concerns about supply shortages still linger. Beijing Youth Daily comments:
A BOY ROBBED A GIRL and injured her with a pair of scissors in Xiaogan, Central China's Hubei province, on March 30. But since the boy was not yet 14 years old at the time, the local police refused to handle the case as a criminal one. Beijing News comments:
A trade war is increasingly becoming a reality. Even after the United States announced it would raise tariffs on its steel and aluminum imports in March this year, there were hopes that negotiations might help stall the additional tariffs. Unfortunately, such hopes didn't materialize.
Summer vacation, although a welcome relief for students, is ironically a worrying time for parents because they are afraid their children could become addicted to video games during the July-August holiday. The extraordinarily long time that students spend on video games is a danger to not only their health but also their quality of life.
While helping China achieve an economic miracle, reform and opening-up has also facilitated the most comprehensive modernization campaign and initiated the most important political remolding of the Chinese nation. It is truly a political miracle based on China's history, self-innovation and experiences gathered from international interactions.
And Indian Prime Minister Narendra Modi called the AIIB "a result of collaborative efforts of Asian countries to provide a better tomorrow to our people", asserting that regional multilateralism through institutions such as the AIIB can play a central role in helping increase resources.
The World Trade Organization has lauded China's commitment and support for trade-related matters and praised the white paper issued by the nation on the subject.
Beijing-based State Grid Corp of China said it welcomes government efforts to further ease ownership caps on the construction and operation of power grids.
China's aim to further open up its aircraft and car manufacturing sectors will be beneficial for both local and foreign companies planning to increase their investments, said industry experts.
The Chinese government said on Thursday that foreign securities, futures and insurance companies will be allowed to have a majority stake in their Chinese joint ventures this year, and by 2021 there will be no foreign shareholding limit for such businesses.
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