Chinese investment in the United States is creating go

ood jobs in areas that are poor, where good jobs are needed,” he said. “We should celebrate that advancement of econ

omic opportunity in the United States. And similarly, we should expand US investment in China.”

US goods exports to China declined by 7 percent in 2018, as trade disputes between

the two economies began to bite, but still outpaced growth in exports to the rest of the world over the past decade, ac

cording to the 2019 State Export Report released earlier this month by the US-China Business Council.

The report said China continued to be important to US economic growth, supporting more than 1.1 million jobs.

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new college graduates aged up to 24 years old increased by

ed by 8.4 percentage points, as the global financial crisis caused demands to fall drastically. It i

s possible that the Sino-US trade dispute could have a similar impact on the job market.

So the government should implement an expansionary macroeconomic policy to create a loose em

ployment environment and better implement social security measures to cope with frictional u

nemployment and the structural employment problem of college graduates.

To offset the possible negative impact of the Sino-US trade dispute on college graduates’ employment, the government sho

uld also expand post-graduate enrollment, increase internships for unemployed college graduates and imp

lement favorable policies to ease the enterprises’ financial burden so they can recruit more employees.

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The results of the elections for the European Parliame

nt are broadly in line with expectations. Although pro-European Union parties have won a majori

ty of the seats, the EP is more fragmented than before with traditional center-right and center-left par

ties losing seats to Liberals and Greens, and Euroskeptic parties increasing their vote share. This is likely to

make it more difficult for the EU to agree new trade deals and choose new leaders for EU institutions.

The heads of government of EU states met on Tuesday to discuss who will fill the top jobs.

The new EP and the EU leadership face a difficult international environment, especially on th

e trade front. The United States administration, already engaged in a tariff war with China, has its sights on the

EU as well, describing the bloc as “a foe”. The US has imposed 25 percent tariffs on European steel and aluminum an

d threatened to slap similar tariffs on European cars unless the EU opens up its agricultural market.

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China attaches great importance to the development of th

 the big data industry and is willing to share opportunities of the dig

ital economy’s development with other countries and jointly explore new growth drive

rs and development paths by exploring new technologies, new business forms and new models, Xi added.

With increasingly wider applications of digital technologies in China, the country is expected to genera

te and store 27.8 percent of global online data by 2025, up from 23.4 percent last year, according to a re

port by market researcher International Data Corp and data storage firm Seagate.

In comparison, the US share will stand at 17.5 percent by 2025, a drop from its 21 percent share in 2018, the report added.

United Nations Secretary-General Antonio Guterres said that f

rom medicine to transportation to farming, big data presents the world with a r

emarkable tool to advance global progress, but with that opportunity also comes risk.

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A spokesperson at Volkswagen China said SEAT is schedu

uled to become a shareholder of the joint venture by the end of 2019, holding at least 1 percent of i

ts equity. According to Chinese norms, it is mandatory for international brands to produce vehicles in China bearing its names.

Luca de Meo, CEO of SEAT, said: “China is the benchmark country for electric vehicles. We aim to be a part of this ecos

ystem in order to exchange knowledge and make progress in achieving global mobility that is more sustainable.”

Currently, JAC, Volkswagen and SEAT are building a 4 billion yuan ($579 million) research and development center in Hefei, which is expected to open in 2021.

JAC and SEAT also plan to develop their own platform for smaller electric cars, a segment that is growing faster than the large-sized ones in China.

“The close cooperation between SEAT and JAC will allow us to create synergies, which wil

l significantly increase our market coverage,” said Volkswagen CEO Herbert Diess, who is also chairman of SEAT.

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“It looks like it’s going to be a big win for the Brexit

Party,” Farage told reporters in Southampton in southern E

ngland where vote tallies from across the southeast region were being collated.

“The intelligence I get is that the Brexit party is doing pretty well,” sa

id Farage, who headed one of the two Brexit campaigns in the 2016 referendum.

While May was forced to delay Brexit after agreeing a deal that the British parliament and much of her party reject

ed, the Labour Party has voiced both support for another referendum and a promise to honour the result of the 2016 vote.

The impact of such a severe election drubbing for the major parties is

unclear though potential successors to May are calling for a more decisive Brexit, while L

abour leader Jeremy Corbyn is under pressure to openly support another referendum.

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Accelerating the opening up of China’s commodity futu

ures market will help foreign investors optimize their renminbi-denominated asset portfolios as they can inc

orporate investment targets of a wider variety, said Wang Tingting, an associate pro

fessor of finance with the Central University of Finance and Economics in Beijing.

“Moreover, as foreign investors’ trading helps boost liquidity in the domestic market and makes the price changes mor

e consistent with international trends, domestic market participants can also better hedge against risks,” he said.

Experts also expect China to open up the stock index futures market to foreign invest

ors, as they have large exposure in the A-share market and are therefore in need of this risk management tool.

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On April 24, Mao signed the organ donation form. Mao

 kissed her, put a cloth toy that her mother had made beside her and watched her being p

ushed into the operation room. He said he hoped Maodou could reunite with her mother in the afterlife, youth.cn reported.

The World Health Organization added “gaming disorder” to its list of modern diseases

for the first time on Saturday at the 72nd World Health Assembly, Ecns.cn reported on Monday.

Treatment and prevention measures will be proposed before Jan 1, 2022, when the WHO’s 11th revision

of the International Statistical Classification of Diseases and Related Health Problems (ICD-11) comes into effect.

The WHO added in June last year gaming addiction under its section of potentially harmful technology-related behaviors, inclu

ding too much use of “the internet, computers, smartphones” and more, as reported by the US tech review site CNET.

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We must work together to ensure that big data, and the

technologies that it enables, are harnessed for the benefit of mankind while minimizing the risks to develo

pment, peace and security and human rights,” Guterres said in a congratulatory letter to the expo.

Miao Wei, minister of industry and information technology, said China has already made signif

icant progress in bolstering the big data industry with a string of big data platforms established in sec

tors such as manufacturing, commerce, finance, transportation and medical care.

“We will make a fresh push to integrate cutting-edge information technologies into the real econo

my, including establishing a national industrial data center, to better power the country’s sp

rawling manufacturing sector,” Miao said at the opening ceremony of the big data expo.

According to the ministry, China’s digital economy reached a total volu

me of over 31 trillion yuan ($4.5 trillion), or 34.8 percent of its GDP, in 2018.

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Mei said that although the ban will have certain impac

mpacts on Huawei, the Chinese telecom company has already prepared options to deal with the problem.

A recent report by Dongxing Securities said the US ban on Huawei will foster dem

and for manufacturing independent and controllable semiconductor components in China.

“We see remarkable room for growth in the next-generation 5G and consumer electronics products in the future,” the report sa

id. “As the US has imposed restrictions on Huawei’s purchases of US technology, some major domestic chi

pmakers will step in to offer the supply. As their market share grows in the future, they will gradually be able to g

ain core capabilities and increase their presence globally amid the fierce competition.”

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