Amity, not rivalry, good for Sino-US ties

China and the United States are partners, not rivals, in trade, and the Sino-US relationship is one of the most important bilateral relationships in the world. Cooperation between China and the US since the establishment of Sino-US diplomatic relations almost four decades ago has benefited the peoples of both countries, as well as the people in the rest of the world.

Brexit hangs in balance as ministers quit

Editor's note: British Prime Minister Theresa May announced on Wednesday that the United Kingdom Cabinet had agreed to her draft Brexit deal. But a day later she was battling to save the draft divorce deal with the European Union after Brexit Secretary Dominic Raab and Work and Pensions Secretary Esther McVey resigned, saying they could not support the deal. Two experts share their views on the issue with China Daily's Pan Yixuan. Excerpts follow:

For stable growth, we need to release demand potential

China's drive toward high-quality development is facing new problems and challenges, including drastic changes in the internal and external environment.

Curbs on preschool IPOs

China will not allow private kindergartens to raise funds through share sales by themselves or as part of asset packages, the State Council, the cabinet, said on Thursday in a policy document.

Nonpublic sector at the forefront of BRI efforts

A large proportion of investment activities associated with the Belt and Road Initiative have been spearheaded by the private sector, and the trend will continue, said a top former central bank official.

Gestamp opens $56m production facility in Tianjin

Gestamp Automocion SA, a Spain-based multinational in vehicle components, has strengthened its presence in China by opening a new 50 million euros ($56.58 million) production facility in Tianjin.

US advertising technology company bets big on China

The Trade Desk Inc, a US advertising technology company, is betting big on the Chinese market for growth as the country's rapid development in the mobile internet sector provides opportunities for global advertisers to grow, a top executive said on Wednesday.

IN BRIEF (Page 5)

Shanghai to streamline policies, cut costs for small enterprises

Shanghai will offer proper funding, favorable policies and a better business environment to further boost the private sector, city mayor Ying Yong told Xinhua News Agency in an interview published on Thursday.

Private companies ready to take up the gauntlet

Entrepreneurs in Shanghai have vowed to integrate high-quality resources and bring their advantages in technology and innovation into full play, to contribute to the city's attempt of building itself into a scientific innovation center with global influence.

Pence's remarks show who the real troublemaker is

In remarks that carried a barely veiled swipe at China, US Vice-President Mike Pence told leaders of Southeast Asian nations in Singapore on Thursday that "empire and aggression have no place" in the region.

Expanding deficit will inject vitality into the economy

Editor's note: Some people insist that the Chinese government should exhaust all means to keep its financial deficit below 3 percent of the gross domestic product, so as to control financial risks, but columnist Hu Yifeng comments in a post: