The Institute for Fiscal Studies warned that his plans wou

The foreign secretary, Hunt, has proposed reducing the rate of corporation tax paid b

上海会所y companies to 12.5 percent, matching the rate in Ireland among the lowest of any major economy.

The institute disputed the claims of some low-tax advocates that the policy would pay for itself by d

riving up company investment and encouraging overseas companies to locate in Britain.上海会所

More than 1,000 items of military equipment including some of the most advanced weapons and concepts are being exhibited at the Army-2019 Military an

d Technical Forum this week in Kubinka, Russia, a city about 60 kilometers west of Moscow.上海会所品茶微信

More than 1,500 enterprises and organizations are in attendance at the show, which features nearly 27,000 products and technologies. It will last until Sunday.

“This year we’ve invited delegations from over 100 countries to take part in ARMY-2019. Official meetings will be held with 70 of them on the sidelines of the forum. … The level o

上海会所品茶微信f representation of partner countries is quite high this year: Over 30 of them are headed by defense ministers, their deputies and chiefs of the general st

aff,” said Sergey Chemezov, CEO of Rostec, Russia’s state-owned company that specializes in the defenses and military high-tech industries.

Paul Johnson, director of the IFS, said cutting corporation tax, and another promise made by H上海会所品茶微信

unt to raise defense spending, would “leave no scope to relieve the pressure on other areas of pub上海会所

lic spending without tax rises, or a fiscal stance which risked putting debt on a rising path”.

Both Conservative leadership contenders announced this week they will bring down the barriers to talented overseas workers.

Johnson said he would make the UK “much more open” to high-skilled migrants such as scientists, while Hunt prom

ised to scrap the immigration target of keeping net migration below 100,000, which has never been met.

Hunt said: “We’re not going to be a country that changes from Little Britain int

o Little England and pulls down the shutters and says ‘Foreigners not welcome’.”

www.chanquanjiaoyi.cn

hina to issue white paper on China-US economic, trade

 China will issue a white paper about its stance on economic and trade talks with the United States Sunday morning.

The white paper, titled China’s Position on the China-US Economic and Trade Consultat

ions, will be released at 10 am on June 2 by the State Council Information Office, which will also hold a press conference.

China has raised additional tariffs to a maximum 25 percent on part of the $60 billion worth of US pr

oducts, effective June 1, according to a statement by the Customs Tariff Commission of the State Council.

The rates of additional tariffs on some of the products will be increased to 25 percent, 20 percent, and 10 percent, re

spectively. The 5 percent additional tariffs applied to some products remained unchanged.

The move came after the US’ latest tax increase on $200 billion worth of Chinese goods from 10 percent to 25 percent.

 

www.lgcrm.cn

At present, more than 20 provincial-level regions have

 completed 5G call tests and more than 500,000 commercial 5G base stations are expected to be

built in South China’s Guangdong, North China’s Hebei, East China‘s Zhejiang and Jiangxi, and Central Chi

na’s Hubei provinces and the cities of Shanghai, Harbin, Tianjin, Chongqing and Wuhan in the future, the report said.

“With technologies and products related to the 5G network maturing, the main parts of the 5G ind

ustrial chain, including systems, chips and terminals, are ready for commercial use,” Wen Ku, a

spokesman for the Ministry of Industry and Information Technology, said on Tuesday.

The report said the ministry, having made a general plan fo

r 5G application, is estimated to formally issue 5G licenses at some point this year.

www.gutvxt.cn

Xi highlights independent IPR, core technologiesirs a meet

Meeting in Nanchang eyes achieving new advances in development of country’s central region

President Xi Jinping stressed the significance of owning indep

endent intellectual property rights and core technology while visiting a producer of rare

earth, which he hailed as an “important strategic resource”, in Gan­zhou, Jiangxi province, on Monday.

Xi, also general secretary of the Communist Party of Chin

a Central Committee and chairman of the Central Military Commission, visited the JL MAG Ra

re-Earth Co immediately after he arrived in Jiangxi for the three-day inspection tour.

At the company, Xi learned about its production and operation, the r

are earth industry’s development in Ganzhou, the development and application of the co

hbLumei.com

hina promises to counter US tariffsay urged tes to c

China’s Ministry of Commerce on Thursday urged the United States to correct its use of tariffs, and vo

wed to take necessary countermeasures if the US’ new tariff plan targeting $300 billion in Chinese imports takes effect.

The US government’s bullying behavior and maximum pressure regime on China violate mu

ltilateral trade rules, ministry spokesman Gao Feng said at a regular news conference.

The office of the United States Trade Representative proposed to take further action by imposing 25 percent of addition

al tariffs on Chinese imports with an annual trade value of approximately $300 billion. The USTR is seek

ing comment and will hold a public hearing regarding the proposed modification on June 17.

Gao said the impact of US tariffs imposed on Chinese products starting last year was “completely controllable.”

guapogang.cn

He said those who are interested in doing business with

Chinese partners in countries involved the Belt and Road Initiative should work together to create a

n ecosystem of a “one-stop shop”, providing diversified services to share in China’s prosperity along the Belt and Road.

President Xi Jinping asked countries to create conditions for other civilizations to develop while keep

ing their own vibrant. His keynote speech at the opening ceremony of the Conference on Dialo

gue of Asian Civilizations on Wednesday has aroused global interest. Here’s what some experts think.

As you know, I work for UNESCO and the general feelin

g I had after President Xi Jinping’s speech was that there were convergences on

many levels between his comments and the work UNESCO does in the world of dialogue among civilizations thro

ughout the world and also the work that we do specifically in relation to the ancient and modern Silk Road.

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Move shows Beijing’s resolve to safeguard its interests

China said late on Monday that it will increase tariffs on the bulk o

$60 billion of US imports to three categories of rates between 10 percent and 25 percent.

For the rest of the US imports, the duty rate remains at 5 percent, acc

ording to a statement released by the Customs Tariff Commission of the State Council.

The tariffs will hit around 5,000 products such as food, chem

icals and auto parts, and are due to take effect on June 1, the commission said.

In a separate statement on Monday, the commission said i

t will be open to tariff exemption applications for part of qualified US imports.

This is China’s latest response to the additional US tariffs on $200

billion of Chinese goods, which were implemented on Friday morning.

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countries work to tackle disastersrs ago during which the s

Scientists from China and other countries involved in the Belt

and Road Initiative will work together to enhance scientific and technological coop

eration in disaster prevention and mitigation, according to a joint declaration.

The collaboration aims to make areas along the initiative safer, more sustainable a

nd disaster-proof, according to the declaration published during the two-day International Conference on Silk-r

oad Disaster Risk Reduction and Development, which concluded in Beijing on Sunday.

Sunday marked China’s 11th National Disaster Prevention and Reduct

ion Day, an annual event which began in 2009 after a devastating earthquake hit Sic

huan and neighboring provinces on May 12, 2008, leaving over 87,000 dead or missing.

www.changjiangjiaoxiang.cn

We believe that these things are major issues of prin

ciple. So every country has important principles, and we absolutely c

annot make concessions on such issues of principle,” the vice-premier said.

Liu, however, added that he hoped both sides would exhibit flexibility in the talks.

He refuted the criticism of the US side that China reneged on its promises in the draft trade text.

“We believe that it is only natural to have changes before a final deal; it is something that surely occurs in the process, so we

don’t think the Chinese side has back-walked,” he said, adding that he disagreed with the wording of “renege”.

“We just had differing views on how to phrase some things in t

he text, and we hope to resolve it, so it’s unnecessary to overreact to the issue,” he said.

7893515.cn

The aircraft, a Sukhoi Superjet 100 from Aeroflot Russ

sian Airlines, was bound from Moscow for Murmansk in Russia’s far north.

It made an emergency landing at the airport shortly after takeoff with 73 passengers and five crew members aboard.

The aircraft circled before making a hard landing back at the airport after the crew issued a mayday alert.

As seen in CCTV footage, the plane touched down hard and skidded along the runway, spewing out plumes of black smok

e and nearly completely afire. The plane’s undercarriage collapsed as it slowed to a halt on the tarmac.

Yelena Markovskaya, spokeswoman for the Moscow interregional tr

ansport investigation department of the Investigative Committee of the Russian Fed

eration, said on Monday that 37 people survived, including four crew members.

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