es it a large exporter of manufactured goods to the US and

Given that the US economy is driven by domestic demand, consumption in particular, instead of exports, a high rate of eco

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

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

To make up for the increasing savings gap, the US needs to introduce and use more foreign ca

pital, which will further enlarge the trade deficit. Therefore, the US cannot simultaneously maintain a high g

rowth rate, invest massively in infrastructure, reduce the trade deficit and restrict the inflow of foreign capital.

What is really questionable is that, despite its contempt for over-regulation of the economy, the US administration has been tryi

ng to impose regulations on international trade, even for its trade partners’ domestic economic management.

shejio.org

At least 41 dead in Russian passenger plane fire

Russia’s Investigative Committee says 41 people died in fiery airliner accident at Moscow airport.

The Russian Superjet 100 was flying from Moscow to Murmansk when a fire broke out on board. Aeroflot Flight SU1492 ret

urned to Moscow’s Sheremetyevo Airport, making a hard landing, news agency Interfax reported.

“According to our data, more than 10 victims needed medical

care,” Tass news agency quoted a source in the medical services as saying.

Earlier, the regional emergency services reported six victims.

The plane reportedly took off from the Sheremetyevo airport at 18:00 local time (1500 GMT) and

made an emergency landing after circling over the Moscow region for about 40 minutes.

It was “engulfed in flames” before the emergency landing, Tass quoted a source as saying.

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NTSB team has expertise in aircraft operations, structure

powerplants, human performance, weather, airports and other ar

eas,” the agency said, adding that it expects to brief the media later in the day.

The plane, chartered from Miami Air International, was attemp

ting to land at about 9:40 pm local time amid thunder and lightning when it slid off the runway and

came to rest in the shallow water of the river, authorities and passengers said.

The military base is on the western bank of the St. Johns River about 8

miles (12.87 km) south of central Jacksonville, about 350 miles (563.27 km) north of Miami.

Miami Air International is a charter airline operating a fleet of the Boeing 737-800, diffe

rent from the 737 MAX 8 aircraft that has been grounded following two fatal crashes involving that plane.

Representatives of the airline did not immediately reply to requests for comment.

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With the two presidents as witnesses, China and Chile

According to Chilean Ambassador Luis Schmidt, the two countries on Wednesday secured a deal to open the Chinese market to Chilean pears.

He said he is expecting the first pear exports to China to take place soon.

Zhou Jin contributed to this story.

Liu Cailin, a Hebei Academy of Fine Arts graduate, is a member of the Tujia ethnic group.

At school Liu interned at design companies during summer and winter vacations. It wa

s then that he fell in love with jewelry design. Several months after he graduated, Liu opened his own workshop.

For lovers, every gift is special. Liu once received a message: a girl received a leaf from her boyfriend, and wanted to preserve it in some

way. Liu decided to make a silver piece of jewelry for her, one of more than 2,000 stories he’s turned into works of art.

Liu now has more than 1.2 million fans and monthly sales of 150,000 yuan ($22,283), a figure that could top 350,000 yuan.

sh419ae.com

Overall, the country’s industrial output grew 6.5 percent

year-on-year in the first quarter, compared with 5.7 percent in the previous quarter.

The ministry said more than two-thirds of enterprises it surveyed received ample orders to

keep factories busy after the Spring Festival break, also signifying an upward trend.

Qu Xianming, an expert at the National Manufacturing Strategy Advisory Committee, s

aid the sound performance in the first quarter is the result of improved market expecta

tions and it mirrors the resilience and sustainability of the country’s manufacturing sector.

“The central government said in March that it would slash the value-a

dded tax rate of 16 percent in manufacturing to 13 percent. Such an aggressive cut sends a strong

positive signal to companies, which has motivated them to accelerate production and intensify investment,” Qu said.

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Wang, the Chinese think tank member, said many of

nternational relations scholars of his generation think of the US

as an example of the value of “freedom, democracy, fairness and human rights”.

“But those words are no longer applicable to describe the US today,” he said.

Wang said that for him, cancellation of the visa is nothing m

ore than a short-term absence from US academic activities, and “it is the US’ loss, not ours”.

He also said the decision would not affect the Chinese think tank he leads in continuing aca

demic exchanges with the US, and he suggests that China should not take countermeasures over such matters.

“No matter how petty the US becomes, China should still stick to its open attitude rather compete for who’s worse,” he said.

The China-proposed Belt and Road Initiative is not a geopolitical tool or a debt trap for particip

ating countries, but a platform for cooperation, State Councilor and Foreign Minister Wang Yi said on Friday.

Wang made the remark at a press conference ahead of the second Belt and Road F

orum on International Cooperation, which will be held in Beijing next week.

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They are willing to conduct cooperation using the

rtunities provided by the initiative and the strategy, which for the EU me

mber states would also complement relevant EU initiatives, said the guidelines.

Announcing that 2020 will be the Year of China-CEEC Agricultural Diversity Cooperation, the p

articipants said they support expansion and deepening of cooperation in sustainable agriculture through

academic discussions, project docking, talent training and exhibitions as well as forums.

More Chinese people take trips during holidays compared to 10 years ago, according to official statistics and academic reports.

Both the number of domestic and outbound tourists have seen

a steady increase from 2008 to 2018, with the number of domestic tourists rocketing from

merely 1.71 billion in 2008 to a stunning 5.54 billion in 2018, data from the National Bureau of Statistics (NBS) show.

Tourists in China have become more active in spending their public

holidays on traveling, according to a report from China Tourism Academy.

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The capital will carry out supportive policies on finan

 land and talent recruitment to attract companies and people engaged in high-end industries to settle down in the city, he added.

Furthermore, Beijing will guide districts to cultivate different industries to avoid repetition and overlap.

Beijing’s Haidian district focuses on high-tech development and innovation. It realized a GDP of 648 billi

on yuan ($96 billion) in 2018, eight times the average district’s level in the city. GDP per capita in the

district reached $28,000, or eight times the standard of moderately developed countries.

At present, the tertiary sector has become the biggest contributor to Haidian’s economy, whic

h now makes up around 90 percent of the total and is similar to levels in New York and Tokyo.

Innovative and capital-intensive industries such as information technology, finance and education provide

the bulk of Haidian’s GDP. The district has attracted several well-known domestic and overseas companies inclu

ding 31 unicorn enterprises — startups worth more than $1 billion — and 933 listed enterprises.

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The Wall Street Journal reported earlier this week that

 after the pilots turned off the MCAS, they were unable to regain control of the plane. They then re-engaged the anti-stall syste

m, the Journal said. It was not clear why the pilots did not continue following Boeing’s emergency checklist. Aviation exper

ts who asked not to be named told China Daily that using nonstandard procedures may have made things worse.

The preliminary finding by Ethiopian authorities likely will increase pressure on Boeing to deve

lop and install new software for the MCAS. It also is expected to result in a rigorous review of the softw

are fix by the US Federal Aviation Administration, which has been criticized by aviation analysts and mem

ers of Congress for depending too heavily on aircraft industry officials to certify their new planes as safe.

The FAA said late on Wednesday that it will launch a joint task force with NASA and internati

onal aviation regulators to review Boeing’s new software for the anti-stall system. The task force will be headed

by Chris Hart, former chairman of the US National Transportation Safety Board. The FAA has not released the nam

es of those to serve on the Joint Authorities Technical Review team, their affiliations or nationalities.

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Initially, it was not easy for the Jiangsu teachers

udents’ trust. Upon arrival, they were not only faced with the high altitude and thin

ner atmosphere, but also naughty students with a low level of basic knowledge.

Wang Qiming, a history teacher from Huai’an city, Jiangsu, said he experienced some friction when he taught his first class in 2015.

“The students knew less than those in Jiangsu. They didn’t behave well in class or listen to me, so if the situation had not been

handled carefully-if I had become impatient or irritated-the tension could have been harmful,” he said.

Wang decided to proceed slowly and adjust his schedule to match t

he students’ poor skills. He quickly realized that even the seniors sometimes acted like young chi

ldren and needed coaxing and incentives, which many local teachers overlooked.

“Many local teachers have problems. For example, when they teach a class, they may think th

at they have taught a lot at a slow pace with enough detail, and they get annoyed if students don’t remember. In

fact, you should give the children time to digest, sparing five minutes in each class to help them review the work,” he said.

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