Emerging industries are the real economy that requires support

Editor's note: A forum on the Chinese economy, co-hosted by People's Daily, China Economic Weekly, China Academy of Information and Communications Technology, and Alliance of Industrial Internet of the Ministry of Industry and Information Technology, was held in Beijing on Dec 29. The following are excerpts of the speakers' points of view.

Hot word: Factory livestreaming

工厂直播 (gōngchǎng zhíbō)

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Reconciling growth and national security

At a conference last month to commemorate the 40th anniversary of reform and opening-up, President Xi Jinping underscored the tension between the continuation of that process and the imperative of protecting national security.

Disruption, concentration marks the new economy

The growing dominance of leading technology companies has occasioned an intense debate on the tradeoffs between efficiency and market power, while raising questions about what the changing structure of markets will mean for innovation and the distribution of wealth in the future.

NASA goes where no ship has gone before

TAMPA - A NASA spaceship is zooming toward the farthest, and quite possibly the oldest, cosmic body ever photographed by humankind, a tiny, distant world called Ultima Thule about 6.4 billion kilometers away.

IN BRIEF (Page 4)

Boy whose mom fought US travel ban dies aged 2

LODI, California - The father of a 2-year-old boy who was separated from his Yemeni mother until she successfully fought the Trump administration's travel ban to see him in the United States laid his body to rest on Saturday, a day after the child was taken off life support at a hospital.

IN BRIEF (Page 4)

China allows US milled rice imports

China has begun to allow imports of milled rice from the United States to meet domestic demand, with experts saying on Friday the move will enhance bilateral trade in agricultural products.

Rules to ease financial burden of residents

Tax incentives for the lump sum annual bonuses earned by residents in China will continue for the next three years, the Ministry of Finance said on Thursday.

Tariff changes aim to cut drug prices

China has decided to cut tariffs on a range of imported raw materials used in medicines, which industry analysts said signaled the government's heightened efforts to reduce high drug prices and improve people's healthcare, in addition to further opening up the economy.