I hope all Asian countries will respect and trust each other, co-exist in harmony, expand cross-border, cross-time-and-space as well as cross-civ
ilization exchanges, and jointly maintain the peaceful time that is more valuable than gold.
Asian people expect Asia of common prosperity
I hope all Asian countries will jointly promote economic globalization that is open, inclusiv
e, balanced, and beneficial to all, and work together to eliminate poverty and backwardness in some countries.
Civilizations will lose vitality if countries go back to isolation and cut themselves off from the rest of the world.
Mutual respect, equal treatment among civilizations stressed
It is foolish to believe that one’s race and civilization are superior to
others, and it is disastrous to willfully reshape or even replace other civilizations.
f the year until July or August, when the market may see a recovery, Xu Haidong, assistant to
the China Association of Automobile Manufacturers’ secretary-general, told the newspaper.
The reason for the slowdown in China’s automotive market lies in the lack of consumer confidence, according to CA
AM. In addition, the upcoming stricter Nation VI emission standards, market expectation for the country’s stimulating spe
nding policy and a strong wait-and-see mood, are all contributing to the bleak picture, the association said.
With the actual policy effects from tax cuts and fees reduction
s, a promising consumer market boosted by infrastructure investment, the country’s a
utomobile market will have a stable development throughout the year, said the association.
lower-income－some growing and others not) developing countries will be of huge importance in red
ucing poverty further. Although these countries face significant headwinds, they could also seize imp
ortant new growth opportunities－especially with the help of digital platforms.
The headwinds are certainly considerable. For starters, advances in digital technolo
gies－robotics, machine learning, sensors, and vision－directly threaten the labor-intensive manu
facturing and assembly upon which lower-income, nonresource-rich economies have traditionally relied.
Moreover, climate change has had its greatest economic impact on the tropical and subtropical regio
ns where most of the lower-income countries are located. The effects of global warming are highly disrup
tive in fragile economies, and, taken together, constitute a major new obstacle to growthle