Rule of law is Hong Kong's most valuable possession

In its first ever news briefing on Monday, the Hong Kong and Macao Affairs Office, the country's top office in charge of the affairs of the two special administrative regions, expressed the central government's concern about the well-being of Hong Kong in light of the continuing violent protests in the city.

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Consolidating institutional reform

Reviewing the reform of Party and State institutions at a meeting on July 5, Xi Jinping, general secretary of the Communist Party of China Central Committee, said the reform's achievements should be consolidated and China's system and capacity for governance modernized.

R&D, innovation behind Fortune 500 success

For the first time in the 29-year history of the Fortune Global 500 list, Chinese companies (129) outnumber those from the United States (121). This is also the first time that a country other than the US has more companies on the list.

Developing nation status not for US to challenge

The United States' latest attempt to coerce the World Trade Organization into changing the developing-nation status of some WTO member countries is destined to hit a wall of opposition.

Wildlife protection mandatory, not optional

ON THURSDAY, the provincial disciplinary and supervision commission of Hubei province, announced that it had punished 15 local officials for constructing a bridge that caused the deaths of 36 Chinese sturgeons, which are a critically endangered species. China Daily writer Zhang Zhouxiang comments:

Outside meddling has colored protests

Following the storming of the Legislative Council and the vandalizing of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region, unapproved protests on Saturday and Sunday have brought the lawlessness surrounding the recent anti-extradition law amendment to a new high. Unlike previous protests, the weekend rallies were not approved by the police because of the escalating violence in the associated areas - Yuen Long on Saturday and Western District on Sunday.

Trade deal requires efforts of both sides

Following the consensus that was reached by President Xi Jinping and his US counterpart Donald Trump on the sidelines of the G20 Summit in Osaka in June, what both countries do to promote an atmosphere conducive for productive talks is important.

US wants to unilaterally dictate how WTO operates

The US government is once again intent on proving that what is right is decided by its might. This time it is demanding the World Trade Organization redefine how it designates developing-country status, claiming that some countries have unfairly made use of the status as it is defined at present to seek advantages from the flexibilities in the WTO rules.

Incentives to stimulate application of research results good for all

THE BEIJING PEOPLE'S CONGRESS STANDING COMMITTEE, the city's legislature, recently released a draft regulation aimed at promoting the practical application of scientific and technological research results. Beijing Youth Daily comments:

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Beware the designs of Libra

Facebook has released a white paper on its Libra cryptocurrency project, saying its goal is to issue a "stable currency built on a secure and stable open-source blockchain, backed by a reserve of real assets, and governed by an independent association", which sparked heated discussions worldwide, especially in the political and financial circles.