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integration－trade, investment and finance－began benefiting large emerging and developing econ
omies. To be sustainable, globalization cannot serve just a few wealthy advanced economies. It m
ust also serve poorer and faster-growing economies, which today account for most of the global growth.
So, by flirting with trade protectionism and punitive tariffs on imports, adva
nced economies are seeking to implement the wrong policies at the wrong time. As the adv
anced countries have fallen into secular stagnation, they desperately need growth. Therefore, the rise of poorer eco
nomies is not a win-lose game, because it benefits the advanced economies, too.
In the aftermath of the 2008 global financial crisis, all major advanced econom
ies would have faced another Great Depression without the support of large emerging economies, particularly Ch
ina. And the contribution of these countries to global GDP growth is expected to climb to 80 percent by 2050.
reforms to foster an investor-friendly legal system, represented by strengthened information disclosure, prot
ection of investors’ rights and interests, and crackdown on legal breaches, Liu said.
China must promote the healthy development of the capital m
arket through key institutional innovations, the Political Bureau of the Communist Part
y of China Central Committee, the Party’s core leadership, said a statement released after a meeting on Friday.
Dong said the revised law is likely to be adopted by the end of the first half of the ye
ar, adding it is imperative and possible to expedite rolling out the revised version.
“Previously, controversies over the registration-based IPO system reform ha
ve prolonged the revision process, but now this factor has been largely lifted,” he said.
“As foreign investors are set to play a bigger role in China’s capital
market development, the revised law should also consider clarifying the rights and oblig
ations of overseas investors, to help them form a stable policy expectation,” said Xue Yi, an associate p
officers involved this morning who responded swiftly to this incident and put thems
elves in harm’s way, as they do every day, to keep the people of London safe,” Walker said.
The police said the incident was not related with terrorism.
According to media Sky News, police opened fire on a vehicle outside the Ukrainian emb
assy after the driver deliberately rammed into the official car of the country’s ambassador to Britain.
“The ambassador, Natalia Galibarenko, was not at the embassy at the time and no other staff were injured,” said the report of Sky News.
The 16th Chinese Bridge, an annual Chinese proficiency contest for school kids, college
students and adult learners of Chinese, was held at the University of Latvia Friday and Saturday.
This year’s competition, themed One World, One Family, gathered 64 contestants
in total in Latvia, including 14 in the adult group, 24 in the high school group and 24 in the primary school group.
The contestants were required to demonstrate their Chinese language skills by introducing themselves and m
aking speeches on various topics in Chinese, participate in a quiz on Chinese culture and perform in a talent show.
Each division, namely college students, high school students and
primary school students, has three groups of senior, intermediate and junior.
ieties introduced to the Philippines through the Green Super Rice project are capable of thriving in harsh environments and maintaining steady yields.
“After Typhoon Haiyan swept through Leyte Island in the central Phi
lippines in November 2013, we found that the Green Super Rice variety was one of the few that w
as still growing when submerged in saline water,” he said. “Local farmers were elated and regained hope.”
In West Africa, six Green Super Rice varieties with high-yield potential and strong tolerance to drought, salinity and iron to
xicity have been developed, and about 14.5 metric tons of such seeds were distributed to local rice breeders, ac
cording to Baboucarr Manneh, a researcher with the African Rice Center in Cote d’Ivoire.
“Moreover, about 500 scientists, technicians and farmers hav
e been trained in fields such as breeding, seed production and crop management th
rough the project. The training helps increase their capability and achieve sustainable growth in the future,” he said.