WTO side event on China_s trade policy review held in Geneva

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Geneva, July 16 (Reporter Chen Binjie) The World Trade Organization’s side event on China’s trade policy review was held in Geneva, Switzerland on the 16th. The theme of the event is to understand China’s economic and trade policies from the central and local government levels, and aims to help WTO members understand China’s economic and trade policies.

Experts and scholars from the China Academy of Macroeconomics, University of International Business and Economics, Wuhan University, Southwest University of Political Science and Law, and representatives of foreign-funded enterprises in China introduced the policies, measures and practical experiences adopted by China to achieve high-quality development and high-level opening up at the meeting, and interacted with more than 100 participants from the WTO Secretariat, WTO members, international organizations and news media.

In response to WTO members ‘concerns about China’s macroeconomic and domestic reform measures, experts attending the meeting objectively analyzed China’s macroeconomic performance and prospects, and elaborated in depth on China’s introduction in developing new productive forces, building a unified national market, and promoting the development and growth of the private economy. New measures. In order to introduce in depth China’s local practice of further expanding opening up, experts and business representatives attending the meeting introduced in detail the opening up measures adopted by the national comprehensive pilot demonstration of expanding opening up of the service industry based on specific cases and the achievements made in optimizing the business environment and facilitating foreign-funded enterprises to operate in China. Achievements. Officials of the WTO Secretariat and representatives of WTO members expressed great interest in the topics introduced at the meeting, and still had heated discussions with experts at the meeting site after the meeting.

This side event is the first time that China has held such an event on the eve of the trade policy review. Li Chenggang, China’s Permanent Representative to the WTO, said in his speech that China’s hosting of supporting side events on the eve of the review is a specific motion to implement the WTO reform on strengthening the trade policy review mechanism. Trade policy review is not only an important way for the WTO to supervise trade policies and enhance the transparency of member policies, but also an important platform for enhancing understanding and building trust, which is crucial to the effective operation of the WTO.

In his speech, Alexander Keck, Director of the Trade Policy Review Department of the WTO Secretariat, highly praised China’s positive and open attitude in the preparations for this trade policy review, fully affirmed that China’s hosting of side events will help WTO members gain a deeper understanding of China’s economic and trade policies, increase trust and dispel doubts. It praised China as the first WTO member to actively implement the results of the reform of the trade policy review mechanism. It has played an important role in promoting WTO members to participate in trade policy reviews and in-depth interactive exchanges.

Trade policy review is one of the three major functions of the WTO alongside rule negotiation and dispute resolution. Members raise questions and express concerns about trade policies to each other. It is an important transparency mechanism for members to understand each other’s direction of economic and trade policies and the implementation of commitments. According to the review rules, the top four members in the world in terms of trade volume are reviewed every two years.

Latest poll_ Biden leads Trump slightly

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According to a report by Singapore’s Lianhe Zaobao on March 21, there are still a few months before the 2024 U.S. presidential election. A number of polls show that Democratic President Biden’s approval rating is slightly ahead of former Republican President Trump.

Reported that Biden and Trump have recently locked in the Democratic and Republican presidential candidacies. If nothing unexpected, the two will face off again in the presidential election.

According to reports, according to the Economist Weekly poll average, as of March 19, Biden led Trump slightly (44%) with a 45% approval rating. At least three polls conducted in March showed Biden would defeat Trump in the November presidential election.

The report also said that Reuters Ipsos conducted a survey of 3356 registered voters from March 7 to 13. The poll results showed that Biden would receive 39% of the votes, and Trump’s vote rate would be 38%.

Another poll, conducted from March 9 to 12, showed Biden would receive 45% of the vote, compared with Trump’s 44%.

The report pointed out that a number of previous polls have shown that most Americans do not want to see Biden and Trump rematch.

India_s stock index drops by its largest in 20 weeks

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According to a report by India’s Politico on March 15, the Bombay Stock Exchange Sensitive Index (SENSEX) and N Index fell for the first time in a single week after rising for four weeks. Both indices fell about 2% this week, the biggest weekly decline in 20 weeks.

The SENSEX index fell 062% on the day to close at 7264343 points. The N50 index of the National Stock Exchange of India (NSE) fell 0.56% to close at 2202335 points.

The Bombay Stock Exchange (BSE) mid-cap index also closed down 0.51%. However, the BSE Small Cap Index bucked the trend and closed up 0.25%.

On the weekly chart, the benchmark SENSEX index fell 22% for the week and the N index fell 21%. This is the largest weekly decline since October 2023. The BSE mid-cap and small-cap indices fell about 4% and 6% respectively this week.

From an industry perspective, the N-Metal Index and FMCG Index closed flat, while all other industry indices closed down.

The biggest declines were in the oil and gas industry and the automobile industry, with declines of 198% and 157% respectively. The N Bank index fell 0.42%.

As some funds release stress test results, they are confident that their portfolios can cope with volatile market conditions.

In global stock markets, the weakness is believed to be driven by discouraging U.S. economic data and weakening expectations of a Federal Reserve interest rate cut.

Some reports showed that the U.S. industrial producer price index (PPI) exceeded expectations in February. At the same time, the number of people applying for and receiving unemployment benefits was lower than expected. These factors weaken the Fed’s case for interest rates.

Market participants will be closely watching the Fed’s monetary policy stance next week. Most expect the Fed to keep interest rates unchanged and start cutting rates from the end of June or July. (Compiled by Zhu Jie)

Putin_ Ukrainian troops attack Russia in an attempt to disrupt Russian presidential election vote

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Moscow, March 15th Russian President Vladimir Putin said on the 15th that the Ukraine army has tried repeatedly to attack Russia in recent days without success. The Ukrainian army has tried to disrupt the Russian presidential election vote through attacks.

When Putin held a video meeting with members of the Russian Security Council that day, he said that from the 12th to the present, Uzbekistan has mainly used special forces, foreign mercenaries and Ukrainian military support forces to repeatedly attempt to enter Russian territory and create many sabotage and terrorist attacks. Four of them occurred in the direction of Belgorod and one occurred in the direction of Kursk.

Putin said that the Ukrainian army used more than 2500 people, 35 tanks and 40 armored vehicles for this purpose, but it was unsuccessful and as a result, it lost 60% of its personnel and more than 50% of its armored equipment.

He also stressed that the Ukrainian army’s above-mentioned actions are meaningless from a military perspective and criminal from a humanitarian perspective. The purpose is to disrupt the Russian presidential election voting process and intimidate Russian civilians in the area bordering Ukraine.

The Russian Ministry of Defense issued a notice on the 15th, saying that from the 12th to the 14th, the Russian armed forces, together with the border defense department of the Russian Federal Security Service, thwarted Ukrainian armed men’s incursion into the territory of the Russian Belgorod and Kursk Oblast. Uzbekistan lost more than 1500 soldiers in the operation, of which about 500 were killed, and 18 tanks and 23 armored vehicles were destroyed.

The official voting for the 2024 Russian presidential election will be held from the 15th to the 17th. According to the Russian president, Putin participated in the presidential election voting online on the 15th. (Reporter Huang He)

Scientists won the Nobel Prize for gene editing technology used to successfully eliminate infected HIV

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According to a BBC report on the 20th, researchers at the University of Amsterdam in the Netherlands said at a medical conference held on the 18th that they successfully removed the HIV virus (HIV) from infected cells using CRISPR gene editing technology.

Screenshots of related reports

It is reported that although existing drugs can prevent the HIV virus from further penetrating into the human body, they cannot clear the existing virus in the patient’s body. Even if patients receive effective treatment and the HIV virus in their bodies enters a dormant or latent state, they still carry HIV DNA or genetic material.

According to the BBC, the CRISPR gene editing technology used by the researchers is similar in principle to scissors, which can remove or inactivate HIV-infected cells by cutting DNA. This gene editing technology won the 2020 Nobel Prize in Chemistry.

At present, the scientific research process at the University of Amsterdam is still in the proof-of-concept stage, and it will take a long time for it to be truly applied to AIDS treatment.

Scientists believe that if this new technology can be further developed, it will be expected to eliminate all HIV in the human body, thereby curing AIDS. However, some virologists also said that the possible off-target effects and long-term side effects of this technology are worrying.

Wen| Reporter Leng Shuang

An oil_carrying barge crashed into a bridge in Texas_ USA

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Houston, May 15 (Reporter Xu Jianmei) The municipal authority of Galveston, an island city in eastern Texas, said on the 15th that a barge hit a local bridge that day, causing a fuel leak and damage to the bridge.

The bridge involved was the only land route to Pelican Island north of Galveston. David Flores, head of bridge affairs for the Galveston County Navigation District, said that due to strong water and high waves, a tugboat from Texas International Port lost control of two refueling barges it was driving, one of which hit the bridge pillar.

Aerial footage showed that part of the bridge pillars collapsed, and large pieces of broken concrete and rail fragments hung on one side of the bridge and fell onto the barge.

After the accident, the bridge, which was opened in 1960, was closed. Galveston City Authority said in a statement that no injuries had been reported. The accident caused a fuel leak in the Gulf of Mexico, and the U.S. Coast Guard will determine the extent of the leak and initiate control and cleanup procedures.

Galveston County spokesman Spencer Lewis said the barge could carry 30,000 gallons of oil (about 113.55 million liters). It was unclear how much leaked into the bay. About 105 kilometers of waterways around the incident were closed.

Texas A & M University at Galveston on Pelican Island said the accident caused a brief power outage at the school and power has now been restored.

According to US media reports, American ship collisions with bridges have occurred frequently in the past few months. On March 26, a container cargo ship crashed into a bridge in Baltimore, Maryland, in the eastern United States and collapsed, killing six people. On April 12 and 13 on the Ohio River near Pittsburgh, Pennsylvania, 26 inland river barges separated from their moorings due to floods and drifted uncontrollably, when one hit a bridge that had been closed. On May 9, a large barge broke loose from a tugboat on the Mississippi River flowing through Iowa and sank after hitting the nearly century-old Fort Madison Bridge.

Chinese Ambassador to Australia_ Working together is in the common interest of both countries

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Sydney, March 11 (Reporters Liang Youchang and Wang Qi) Chinese Ambassador to Australia Xiao Qian said on the 11th that the current world’s major changes unseen in a century are accelerating and many challenges are emerging one after another. China-Australia cooperation is not only in line with the common interests of the two countries, but also conducive to peace, stability and prosperity in the region and even the world.

Xiao Qian delivered a speech when attending the 2024 Australia Financial Review Business Summit in Sydney that day, saying that China and Australia are both important countries in the Asia-Pacific region. The economic structures of the two countries are highly complementary and pragmatic cooperation is mutually beneficial and win-win. To achieve this goal, it is crucial to establish a correct understanding of each other, deepen practical cooperation, and properly handle differences.

Xiao Qian said that this year marks the 10th anniversary of the establishment of a comprehensive strategic partnership between China and Australia. The so-called comprehensive means that China-Australia relations are not just cooperation in the economic and trade fields, but cooperation in any potential field and level. The so-called strategy means that the importance of bilateral relations transcends bilateral relations and has regional and even global significance. The so-called partner means that China and Australia should become mutually trusting friends rather than enemies, partners rather than opponents.

Xiao Qian said that practical cooperation between China and Australia is very important to both countries. The two sides should continue to consolidate and deepen cooperation in traditional fields such as energy, mining, agriculture, education, and tourism, and expand cooperation in emerging fields such as climate change, electric vehicles, artificial intelligence, health industry, green economy, digital economy, and technological innovation. These will help China and Australia open a new chapter of broader and mutually beneficial cooperation on the basis of continuously consolidating cooperation in existing fields.

Xiao Qian pointed out that both sides should focus on the overall situation, focus on consensus, respect each other’s core interests and major concerns, and manage differences in a proper, mature and intelligent way through friendly communication and consultation.

The 2024 Australia Financial Review Business Summit will be held in Sydney from March 11 to 12. Government officials such as Australia Foreign Minister Wong Ying-hsien, Treasury Secretary Chalmers, as well as opposition leader Dutton, local business executives, experts and scholars attended the meeting to analyze and study the international situation, focus on Australia’s future development, and explore cooperative measures to respond to challenges.

Six foreigners died in a hotel in Bangkok_ Thailand

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Bangkok, July 16 (Reporter Chen Qianci Gao Bo) Six foreigners were found dead in the hotel room in a well-known hotel in Bangkok, the capital of Thailand, on the 16th. Police said the exact cause of death remains to be investigated.

Thai Prime Minister Saita said at a press conference that night that the six dead, including four Vietnamese and two Vietnam-Americans, died about 24 hours, and there were no signs of conflict or fighting at the scene. He requested that an investigation be launched into the case as soon as possible.

Bangkok City Police Commissioner Tidi said at a press conference that night that the six victims were three men and three women. There were traces of drinking tea or coffee in the room, and the residue in the cup had been sent for inspection. The police initially concluded that suicide was ruled out and the exact cause of death was pending further investigation.

Previously, several Thai media first reported that a shooting incident occurred at the hotel, and later corrected it to the death of 6 people or cyanide poisoning. (Participating reporter: Lin Hao)

The U.S. PPI accelerated month_on_month growth in February_ highlighting that the U.S. inflation situation is still severe

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Washington, March 14 (Reporters Xu Yuan and Xiong Maoling) Data released by the U.S. Department of Labor on the 14th showed that the U.S. producer price index (PPI) rose 06% month-on-month in February, an increase of 03 percentage points from January, highlighting that the U.S. inflation situation remains severe.

Data showed that the U.S. PPI increased by 16% year-on-year in February, the largest increase since September 2023. Excluding food, energy and trade services prices, core PPI increased by 04% month-on-month and 28% year-on-year.

In the same month, commodity prices increased by 12% month-on-month, the largest increase since August 2023. Among them, natural gas prices rose 68%, and grocery prices rose 1%. At the same time, service prices increased by 03% month-on-month.

PPI tracks changes in production costs and is a key measure of inflation. Analysts believe that PPI accelerated again in February, indicating that inflationary pressures in the United States continue and the Federal Reserve may need to maintain high interest rates for a longer period of time.

A tracking data from the Chicago Mercantile Exchange showed that after the PPI data was released, the market basically believed that the Federal Reserve would maintain the target range of the federal funds rate between 525% and 55% at the monetary policy meeting held from March 19 to 20.

Slow down the clock of life

  Life is a fleeting moment in the river of time, mankind do everything possible to seek forever and everlasting, but did not think, in fact, as long as the pace of their own slow down mentality flat, live in the present, then life will naturally become long and distant .It is strictly required by such a standard, pu-erh tea Only with today’s development scale, can we have the proud momentum to crush our competitors.

  

  When I did not write a magazine before, I did not know that the time had come in advance. A draft of March or even April has been prepared in January. In the draft of the forum while watching the side gripped, his year has not yet ended, did not make a point, there people work has been a year, almost equal to the end. Years here, was actually can not wait to catch up with the speed of flight, how to make people panic?

  

  The length of time is defined by man himself. 365 days a year, divided into four seasons, twelve months. Here, people always catch up with me like the game, to see who can one day into a day. Our ancestors know, if the decade into a year, we will so impatient it?

  

  Days not used, can only be used to recover. Self has no intention to enter this door, it fell into such a turbulent swirl. Calendars and clocks on the numbers can only represent the past, because today to do, is already the future. Obviously is the spring, but the men have been doing non-stop fall thing.

  

  There is nothing worthy of gratification, no reason for youth just a short length of a bit like others. What is the use of walking in front, time falls behind, urging the old soul and face it in vain.

  

  The fast pace of modern people, nothing more than to speed up the clock of life, their own pressure and persecution of a way, only to more fully squeeze the juice of life to obtain value and fame. But I see it is faster and more leave no room for the consumption and flight. How, a ton of gold can be exchanged for even a second time?

  

  Americans always run in front of the world, even spend today are tomorrow, the result? The financial crisis has finally shattered this myth of early consumption, punish all activities contrary to the laws of nature.

  

  Beijing, then, a little leisurely. People live I, a spring vegetation, how short and beautiful time. If you can walk, why should anxious to run, miss the scenery all the way? Note that the front is not another spring, but has been waiting for you to close the end of life.

  

  Tomorrow’s thing is done today, and next year’s event is finished this year. So ahead of the outstanding achievements and efforts, but is a result of the advance of life.

  

  What is a rivers and lakes years reminder, juvenile children rivers and lakes old? This is the helplessness of life rather than enjoyment.