Monthly Archives: March 2019
gmatism over its decision of endorsing the Belt and Road Initiative (BRI), saying Xi and Mattarella agreed
that China and Italy, which are at the two ends of the ancient Silk Road, are natural partners in constructing the Belt and Road.
Conte, according to Wang, said the BRI will bring great opportunities to Italy. He also agre
ed to attend the second Belt and Road Forum for International Cooperation to be held in Beijing next month.
France is one of the earliest European countries that have expressed the willingness to take pa
rt in the BRI cooperation. During Xi’s visit to France, the two countries signed agreements on the third round of the BRI-related dem
onstration projects in third-party markets and kicked off a third-party market fund, Wang said.
At the closing session of a global governance forum co-hosted by China and France, Macron
said the BRI is significant and can play an important role in world peace, stability and development, adding that the EU could align
its development strategy with the BRI in an innovative way and jointly promote Eurasian connectivity.
inated and inter-connected, and fair and inclusive approach and forge a growth
model of vitality, a cooperation model of openness and win-win results, and a developm
ent model of balance and common benefits, so that people from across the world could share the benefits of economic globalization, Xi said.
This year marks the 70th anniversary of the founding of the People’s Republic of China, Wang said.
During his visit, Xi, based on China’s just-concluded Two Sessions earlier this month, illu
strated to the European leaders the fine performances of the Chinese economy which had overcome multiple challenges in 2018.
Wang said Xi also introduced the newly-adopted foreign investment law, emphasizi
ng that it is necessary to use legal means to better protect intellectual property rights and attract foreign investment.
Xi pointed out that China will continue to push forward all-round reform and opening-up, promote trade and investment
liberalization and facilitation, so that European friends can better share China’s development opportunities.
in their favor. Hundreds of thousands of people marched through London on Saturday calling for a new referendum on whether to leave the EU or remain.
But with the deadline for a Brexit decision less than three weeks away, British poli
ticians remain divided, and increasingly despairing about the country’s political gridlock.
“Brexit is like the Death Star of politics,” Conservative legislator George Freeman said. “I always fea
red it would be like this. It’s destroying and soaking up all the prime minister’s room for maneuver and political goodwill.
“I’ve never known this country so divided, so angry and in such a dangerous state,” he said.
France is willing to support the China-proposed Belt and Road Initiative, with the best way forward
being to work together on a project-by-project basis, former French prime minister Jean-Pierre Raffarin told China Daily.
In an exclusive interview ahead of the state visit of President Xi Jinping to France
on Monday and Tuesday, Raffarin said it is in France’s national interest to be part of the BRI.
“We also want our companies to propose projects which are good for the BRI, but also go
od for our enterprises,” said Raffarin, who served as prime minister from 2002 to 2005.
ith so many applications in different parts of industry and the economy, and we want agreements, project by project.”
Raffarin was appointed special envoy on China affairs by French President Emmanuel Mac
ron. He pointed out that it is not pragmatic to have an agreement about every industrial sector, because, as sovereig
n states, both countries need to protect the interests of their own businesses and industries.
“It’s easier to go project by project, and, after some experience, we can add a larger vision,” Raffarin said.
His comments came after Italy signed a BRI memorandum of understanding with China during
Xi’s visit to Rome last week to become the first G7 country to join the global infrastructure plan.
According to China’s Ministry of Commerce, from January to November 2018, China’s direct investment in France reached $330 mil
lion. China’s growing investment in Europe has prompted concerns in the West, which Raffarin thinks are misplaced.
-border online shopping in China grew by 20.6 percent year-on-year to 7.6 trillion yuan ($1.1 trillion) in sales in 2017.
The nation is encouraging cross-border e-commerce transactions by easing the annual cap
on cross-border online purchases and adding categories of imports to the duty-free list, according to the Ministry of Finance.
Starting from this year, the annual duty-free quota for cross-borde
r e-commerce purchases for individual buyers will be lifted to 26,000 yuan from the current 20,000 yuan.
“The livestreaming form, as a new operation model for online marketplaces, could settle
the problem of information asymmetry,” said Chen Tao, an analyst with internet consultancy Analysys in Beijing.
Both Alibaba Group Holding Ltd’s Taobao and its rival J
D, two of China’s biggest online shopping sites, have launched their own livestreaming platforms.
Shop owners hire livestreamers with large fan bases to help promote their products, and meanwhile, a link to the purchasing page hovers on the streaming screen.
Monica Zhang, who lives in France with her husband, opened an online store on Taobao. She became a livestreamer last year.