The US’ trade deficit stems from its extremely low natio

nal savings rate and has to be compensated by other countries’ national savings, which in tu

rn adds to the trade deficit. On the other hand, China’s efficiency in the manufacturing industry makes it a lar

ge exporter of manufactured goods to the US and helps it sustain its high savings rate.

A high growth rate means higher trade deficit for US

Given that the US economy is driven by domestic demand, consumpt

ion in particular, instead of exports, a high rate of ec

onomic growth will widen the trade deficit, as it would have to import more products than it exports. In such a sit

uation, the implementation of large-scale infrastructure construction projects would further increase the trade deficit.

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Reducing poverty must begin with reducing ignorance. Ther

refore, giving rural children a good education is an important task in poverty relief, and

also a crucial means to stop poverty from being passed on between generations,” he said.

“The poor regions are the bottleneck in building a moderately prosperous society by 2020,” Xi wrote.

While talking with students and teachers at a primary school in Zhongyi, a towns

hip in Chongqing’s Shizhu Tujia autonomous county, in April, Xi

said compulsory education is an important part of poverty eradication.

Children in impoverished mountainous regions must be guaranteed access to education, an

d they should have a happy childhood, Xi said during his visit to Chongqing. He encouraged teachers to sett

le down in such regions, dedicate themselves to education in rural areas and contribute to poverty reduction.

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Although some hospitals have established such comm

mittees, many of them are loosely organized and incapable of ethical inspection

s to ensure people’s lives and health in cases of highly risky clinical trials, he said.

Zhai of the Chinese Academy of MedicalUber Technologies Inc’s conservative initial public offerin

g could not keep its shares from sinking in their trading debut on Friday, fueling debate on Wall Street over whether the outcome of

the most anticipated listing since Facebook Inc would weigh on other Silicon Valley unicorns.

Uber considered going public for at least four years. Yet the

ride-hailing company picked a week for its IPO plagued by market turbulence fueled

Sciences said existing regulations for oversight of the life sciences co

me from various government departments and don’t sufficiently deter violations.

“Higher-level legislation is needed to establish law to hold violators criminally accountable and deter any similar behavior,” she said.

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Valid reports showing rabies antibody test results b

authorized laboratories are needed for pet dogs or cats ent

ering China from countries or regions that are not on the approved list.

As of April 19, the administration had authorized 62 laboratories in 37 countries to conduct the antibody tests.C

ongressional Democrats stepped up pressure on President Donald Trump’s administration on Thursday as US H

ouse of Representatives Speaker Nancy Pelosi accused Attorney General William Barr of committing a crime and an

influential committee chairman threatened to hold Barr in contempt of Congress.

For seeing-eye dogs, listening-ear dogs and sniffer dogs bearing valid

electronic chips, quarantine can be waived if they can pa

ss on-site checks and their carriers can produce user certificates and professional training certificates.

In other circumstances, pets entering China are subject to a 30-day quarantine in designated areas.

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Sino-US talks on trade seen as productiveets with US Trade

Negotiators from two sides aim to meet next week in Washington to continue

Vice-Premier Liu He, US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin met in

Beijing from Tuesday to Wednesday for the 10th round of trade talks between China and the United States.

The two sides are working on putting bilateral trade on a stronger footing, and the lat

est meetings were productive, Mnuchin wrote on his Twitter account, without giving details.

A Chinese team is scheduled to visit Washington next week for another round of talks, Xinhua News Agency reported.

Liu is also a member of the Political Bureau of the Communist Party of China Central Co

mmittee and chief of the Chinese side of the China-US comprehensive economic dialogue.

China and the US have been expediting their economic and trade consultations, with a goal of

implementing the consensuses President Xi Jinping and US President Donald Trump reached in D

ecember, said Xue Rongjiu, deputy director of the China Society for WTO Studies in Beijing.

102xe.cn

Xi’s words carry great weight, and I am sure the w

China is ready to work with other countries to build a better community with a shared future for mankind.

In the face of environmental challenges, all countries are in a commu

nity with interlinked destinies, and no country is immune from the challenges.

These statements by President Xi really impressed me as they’re very much relevan

t to my country, Bangladesh, which is one of the most vulnerable to the impact of climate change.

Since the Chinese president announced his country’s readiness t

o work with other countries facing environmental chall

enges, I am really optimistic that my country will benefit by forging cooperation with China in this area.

Xi’s call for joint efforts with other nations to address su

ch global problems as climate change and marine pollution has raised my hopes high.

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The forum helped countries upgrade their concept

 of cooperation, defined key areas and strengthened the mechanism to seek high-quality development of the BRI, he said.

Leaders reached wide-ranging agreement on high-quality cooperation on the BRI at the leaders’ roundtable on Saturday after an i

n-depth exchange of views on issues such as connectivity, policy integration and sustainable development.

They supported comprehensive infrastructure connectivity as a way to foster economic growth and to build high-q

uality, reliable, resilient and sustainable infrastructure, according to a joint communique issued after the roundtable.

All parties involved supported strengthening synergies in development policies using the principle

of extensive consultations, joint contributions for shared benefits and building even closer partnerships, the joint communique said.

The leaders also upheld green and sustainable growth and agreed to enhance cooperation in areas such as environ

mental protection, circular economy and clean energy, according to the communique.

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