Date: May 30 2020
This series will show the news Chinese regular people watching every day. It includes top politic or living related hot topics mainland Chinese are caring about every day. Most of the contents are from Weibo, Wechat, Tencent News and other so called “CCP mainstream media”.
Please remember: They are almost all the resources mainland Chinese can see because of the firewall.
1. CCP News: The Financial Secretary of Hong Kong: has made sufficient preparations for U.S. sanctions, set the country to hold the door of financial security
Personal view and notes: In this article, CCP tries to tell people that the CCP is now strong enough that the United States can no longer hurt them. It is ridiculous that the Financial Secretary of Hong Kong also says that the special customs treatment is granted to Hong Kong by the “Basic Law” and has nothing to do with the United States.
2. CCP News: Global Times editor Hu Xijin: Why doesn’t China fear Trump’s sanctions?
Personal view and notes: In this article, CCP tries to tell people that the CCP knows everything the United States wants to do and everything is under the control of the CCP.
3. CCP News: Shandong high school girl strangled her mother with ribbon: she claimed that she was worried about parents’ scolding because of poor test results.
Personal view and notes: The CCP is creating tragedies every day, but because of the control of the media and no freedom of speech, people don’t see any truth. Because this news was widely spread, they had to write an article to cover their back, by saying that it was the girl’s fault, not the CCP, not the education system.
4. CCP News: U.S. police violent law enforcement triggers riot
Personal view and notes: The CCP is very excited to see riots taking place in the United States, because they can use this as a reason to write a lot of articles condemning the Trump administration. The CCP tells people that the United States is in chaos; everyone can be killed; the United States will soon collapse. At the same time, the CCP compares the riots in the United States with the protests in Hong Kong.
However, the CCP does not want people to know that Hong Kong people are demanding for freedom and the rule of law through peaceful demonstrations. Hong Kong police use excessive force to suppress innocent demonstrators.
5. CCP News: Hot Comment 丨 Hong Kong must stand with the country.
Personal view and notes: It can be seen from this article that the CCP has plans to arrest Joshua Wong and others.
6. CCP News: Just now, Trump launched a vicious revenge! The outbreak of war
Personal view and notes: In this article, CCP tries to tell people that Trump is a dictator.
7. CCP News: US media pierced Trump’s ulterior motives for “sanctioning China”.
Personal view and notes: In this article, CCP tries to tell people that for its own political gain, the Trump administration’s sanctions against China are aimed at diverting attention from anti-racism riots and outbreaks.
8. CCP News: Li Zuocheng, the chief of the Joint Staff Department of the Central Military Commission, made a speech to deter “Taiwan independence”
Personal view and notes: The CCP once again threatens Taiwan with military power.
9. CCP News: Incompetent rage! Trump’s sanctions on China are mocked by mainstream U.S. media
Personal view and notes: In this article, CCP tries to tell people that the entire United States disagrees with sanctions against China. Trump does this in order to divert attention from anti-racist riots and epidemics.
The White House published a “Joint Statement From the United States of America and the Federative Republic of Brazil Regarding Health Cooperation” on May 31. It states that the American and Brazilian people stand in solidarity in the fight against the coronavirus。U.S delivered hydroxychloroquine (HCQ) to Brazil. A joint research effort between the two counties will include randomized controlled clinical trials to help further evaluate the safety and efficacy of HCQ for both prophylaxis and the early treatment of the coronavirus.
When President Trump held a roundtable meeting with industry executives on May 29, he was asked whether the pandemic and the issue of Hong Kong would lead to the start of a Cold War between the US and China. President Trump once again stated that the CCP should stop the spread of the virus at the source, and pointed out that they stopped it in China while allowed the virus to spread to the rest of the world. He called for strong study to find the truth.
On May 31, 2020, NASA and SpaceX’s Dragon Demo-2 successfully docked with the International Space Station and sent two astronauts, Douglas Hurley and Robert Behnken, into space station.
Translate：【OnePunchD】 Proofread：【豆小豆】 Subtitle：【豆小豆】
The Chinese Communist Party has a 3F plan to ultimately bring down the US, which was revealed by Chinese dissident Miles Guo. The 3F stands for: trouble, weaken, and destroy the US.
After unleashing the CCP-virus, the Chinese Communist Party has drawn up a plan to create civil unrest in the US during the pandemic. The recent riots in many US cities are being fully explored if not orchestrated by the CCP.
The CCP even spread rumors on Chinese social media that a socialist country was established by some in the US which called for all Americans to take their weapons to rebel against the current government because capitalism is dead.
Systemic racism, inept administration sparks for ‘I can’t breathe’ anger in US: China Daily editorial
The death in Minneapolis of George Floyd, a handcuffed black man who pleaded for air as a white police officer pressed a knee on his neck while he was on the ground, has sparked angry protests in cities throughout the country.
Although Minnesota Governor Tim Walz suggested that domestic terrorists or foreign influence were behind the unrest — which has only served to further escalate the situation by prompting more people to take to the streets — the United States is infamous for the numerous incidents over the years of police officers using excessive force against people of color, whose odds of being killed by law enforcers are many times higher than those of their white counterparts.
The Civil Rights Movement in the 1960s greatly improved the protection of black people’s rights and interests, but the frequent deaths of African-Americans at the hands of the police show racism has not been eliminated from the country’s law enforcement.
Although the rioting that has accompanied the protests must be condemned, that does not mean that people’s voices opposing police racism and calling for an investigation into the latest tragedy can be ignored by the US administration.
Despite the US president claiming it is “a small group of criminals and vandals” who are wrecking US cities and laying waste to US communities, such is the scale of the protests that many states have called in National Guard soldiers to help control the civil unrest.
It is undeniable that the US administration’s flawed responses to the COVID-19 pandemic and the economic hardships the pandemic has caused have compounded the current situation, as black people, along with other disadvantaged groups, are the ones bearing the brunt of the pandemic.
Which makes this surging wave of anger against police brutality more difficult to be subdued than before. If the administration intends to stop the “mob violence cold” with ironfisted force, while neglecting to address people’s concerns over the pandemic and unemployment, the demonstrations will likely snowball into a systemic social crisis.
The irony is that although the protests are one of the few things that the US administration has found impossible to attribute to China, the White House has opted to step up its China-bashing in a bid to try to divert people’s anger and attention from the issue.
Yet despite a news conference on Friday, in which the US president repeated his now customary charges against China, that country was not on the minds of those demonstrators who faced off with police in front of the White House chanting “I can’t breathe” — the dying words of Floyd.
It is to be hoped that the demonstrations will not further aggravate the spread of the novel coronavirus in the already worst-affected country in the world. Otherwise, the US people will be further stewed in the US administration’s juice.
Good American leadership needs to put America first and stay true to American values.
Though unlikely to be fulfilled, Phase 1 trade deal gave China an opportunity to honour its past commitment.
Dan’s four suggestions for Trump’s policy on China:
Stay tough; Get tougher; Decouple; Watch your back.
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By VOG Video News Team
CCTV News: Trump’s sanctions against Chinese students are downright political persecution and racial discrimination；
Global Times: The chief of staff of the Central Military Commission’s Liaison Department said that they won’t exclude using force to solve the issue of Taiwan；
Global Network: North Korea, Pakistan, Russia and other countries expressed support for China’s national security legislation over Hongkong.
At the roundtable discussion at the White House on May 29, President Trump shared his views on the different measures adopted by the United States and Brazil in fighting COVID-19. He spoke highly about the President of Brazil who is working very hard for his country during this tough time, although he is against social distancing and lockdown. President Trump hopes to lift the ban for Brazil as soon as possible.
Translate：【木木】 Proofread：【雷鸣（文鸣）】【Maxton】 Subtitle：【Vinzo】 Editor:【GM31】
Global Times 05-30-2020
Trump announced sanctions against China and Hong Kong, but Hong Kong will survive, and China will look down on the US.
President Trump, at his Saturday press conference, announced that China ’s enactment of Hong Kong ’s national security laws has transformed the promise of “one country, two systems” into “one country, one system”. He stated that the United States “will take action to cancel Hong Kong’s Preferential treatment enjoyed by separate customs and tourist areas “.
He also said that he would sanction officials responsible for the “detrimental acts to the autonomy of Hong Kong”, suspend the entry of Chinese students deemed to be detrimental to US national security, and direct the Financial Working Group on Financial Markets to examine the practices of Chinese companies.
This is a press conference full of lies. Trump fabricated that the Hong Kong’s national security laws will change the situation of Hong Kong. He made the false claim that “one country, one system” in mainland China and Hong Kong, and ignored the huge differences of the political system to the governance systems and social life of the two areas. At the same time, Trump also announced the termination of relations with WHO. He claimed that China had “full control” of the WHO. No country in the world, including allies of the United States, would believe this accusation. The Trump team knows that putting false label on the World Health Organization in order to make excuses for its failure in fighting against the epidemic and also inciting the Americans to hate the China—-it is their campaign strategy.
Washington is starting to gamble even more, but the fact is the US economy is very weak. The chips in the hands of the Trump team are far less powerful than the team believes.
We noticed that Trump announced several new political attacks against China. How far will Washington actually go? —it should calculate the loss to the US. Hong Kong contributes tens of billions of dollars in trade surplus to the United States each year, which affects the interests of many large American companies. In addition, if the visas of Hong Kong residents to the United States are cancelled, there will be severe economic pain to the US.
Some elites in the United States punish China with decoupling, However, the reality is that the United States only wants to decouple itself from China in high-tech and other narrow areas, and they are eager to sell more American products to China, so everything has to up to them.
China is well prepared for the worst. How far the United States wants to go forward, China will calmly accompany the US. According to the plan announced by President Trump, Washington will soon stand in opposition to the interests of the majority people in Hong Kong. Trump will then treat Hong Kong in the same way as the mainland China, and it will help the people of the two places to unite and be even more against the US. The United States will completely lose the trust and goodwill it enjoys in Hong Kong, and Hong Kong’s attitude towards the US will change.
The deterioration of China-US relations, and with the impact of the corona virus epidemic, has weakened the willingness of Chinese families to send their children to study in the United States. If the United States closes attractive schools and majors to Chinese students, it will greatly reduce the number of Chinese students which choose to study in the United States. If the United States only wants to enroll Chinese students in the ” bad majors” not “good majors”, it will be a dream and never happen.
As for sanctioning officials and strengthening the supervision of Chinese companies listed in the United States, these issues have been discussed for a long time. President Trump uses this in order to increase the impression of American sanctions against China.
The United States will never defeat Hong Kong, nor will it overwhelm China. Washington increases tariffs on Hong Kong and restrictions on visas for Hong Kong citizens visiting the United States will bring temporary problems, but it will not determine the fate of Hong Kong
The US is going against flow of history, it will only weaken itself. Their extreme behavior equals chronic suicide.
Author: RD16 (05/30/2020)
During the National People’s Congress of the PRC, people began to hear about new policy proposals that might impact their daily lives, and one of them particularly stirred up debates on social media platforms. Per CCP state media Sina, a delegate of the People’s Congress proposed, “to remove infant milk powder from the list of cross-border e-commerce merchants”(*7). A few netizens instantly reacted, “Who on earth has determined to propose such an inconsiderate policy?”, and many echoed the same sentiment.
It has turned out the delegate of the people happened to be a top official from Mengniu, the biggest dairy product maker of China. She claimed the primary reason to ban the cross-border purchasing from e-commerce is out of the “concern” that the potential oversea formulas’ component inspection, and custom entry procedure may not be able to meet the “high standard” the Chinese industry so requires.
Well, this proposal and the supposed rational may just seem paradoxical in the eyes of many…
First of all, the domestic milk brands have not been deemed as premier quality-wise by Chinese consumers, to make things worse, some domestic brand formulas have devasted the lives of many kids and families.
Let’s dial back to year 2008, which was the year the cross-border purchasing of baby formula ascended into an instant stardom, all thanked to the infamous scandal of Sanlu milk powder broke out. Sanlu was a top Chinese baby milk product manufacturer. In order to pump up the profits by drastically reducing the cost of raw materials, they blatantly added melamine (a nitrogen-rich compound used to manufacture resin or plastic) into their product to make the milk powder appear to be protein-rich, and therefore to get certified by the industry authorities.
Things were managed to be unnoticeable at first until quite a few hospitals reported many infants and young kids got very sick, and all cases were closely linked to the intake of Sanlu milk powder. Some suffered from urologic issues, some from kidney stones, and some from rickets, of which symptoms may include weak bones development and larger-than-normal forehead (*6). Some illnesses could mean life-long impact including permanent deformity and intellectual disability. It is vital to point out that Mengniu, the very company who made the proposal of the ban of overseas milk products or competitors, was part of the 2008 milk scandal when the government inspections revealed problematic products by Mengniu.
Sadly, even the industry has vouched that they had already cleaned up their act since then, resurgence of rickets cases has been reported in Hunan province just recently, per HK Economic Times in 2020 (*6).
Secondly, plenty marketing data has demonstrated that the mainland society when it comes to diary products, all in all, deem the top oversea brands (US, Europe, Australia, and Japan) most trust worthy and favorable.
It is an open secret that products originated from mainland could be tainted by counterfeits or inferior quality ones. But in this case, the mainland consumers have voted with their wallets – that is, they care enough to spend top-dollars just to be sure to grab the most trust-worthy products for the sake of the health of their babies.
Based on a marketing survey (2017), among the top-10 most popular brands in China’s baby formula market, 8 of them are originally premier American or European brands, such as Mead Johnson, Friso, Dumex, etc.(*7). The timeline of their Chinese market inception date (early 90’s through 2008) indicates it is a time-honored national consent that Chinese people trust and favor the overseas brands.
Not only the average consumers have placed their trust and investment into those time elite brands with long-track-record, even the dairy heavyweights of China, Mengniu, in an effort to counter the pressure coming from their oversea competitors, has acted by acquiring them(*4). For example, in year 2019 Mengniu paid $1.5 billion for Australia infant formula maker Bellamy’s, followed by making an offer on another Australia’s biggest dairy company. In Nov 2019, merely a half year ago, Mengniu Dairy was expected to pay Kirin (Japan) $600 million for the Lion Dairy & Drinks portfolio.
Well, if the foreign brand milk powder composition seemed to be less than meets-the-eye, why was the domestic diary giant so eager in acquiring them, and in such a short time period?
Thirdly, the notion suggested by the Mengniu’s delegate that the cross-border product may not meet the inspection standard, simply cannot hold water.
As the cross-border e-commerce has been very popular and has become mature over the last decade, there have been plenty online sources to help people who venture out on the formula export business. For example, a guide posted as “How to Export Baby Formula to China: A Complete Guide” (*5). It informed that as of Jan 01, 2018, China’s government have introduced new regulations stating that factories producing baby formula must be registered at CFDA (China’s Food and Drug Administration). This means the formula export business community are very well aware of the relevant regulations, the rigidness of the regulations, and aim to be in full compliance in order to set sail of their business.
Last but not least, when it comes to a big political event like People’s Congress, people accustomed to the western culture would normally think any delegate of the people is supposed to represent the common folks’ best interest, not that of the biggest interest groups. Isn’t it a bit awkward that the proposal was initiated by the very advocate of the biggest diary maker, especially after the diary giant has just aimed to complete a series of oversea acquisitions? What a ‘perfect’ timing!
Hope the mainland Chinese people will somehow make this proposal dispelled, so in the future if they were to be asked, ‘What brand of baby formula will you be feeding your baby, domestic only, or a brand that has gained your trust?’, instead of being “fed” one, they would have a conscious choice to make…
*1. credit for cover shot: DINOPHOTO/SHUTTERSTOCK
*3. 2017 Market survey: https://www.chyxx.com/top/201704/516753.html
*5. Guide for export: https://www.export2asia.com/blog/exporting-baby-formula-china/
*6. Resurgence of illness: https://imoney.hket.com/article/2644727/%E5%A4%A7%E9%A0%AD%E5%A8%83%E5%A8%83
*7. Proposal made: https://finance.sina.com.cn/china/2020-05-23/doc-iirczymk3178950.shtml
The Chinese Communist Party is carrying out its long term plan to replace the US dollar with its own digital currency, an indispensable step for CCP’s world dominance.
Guangzhou, capital of Guangdong province, has been approved by the Ministry of Industry and Information Technology to construct the first blockchain development pilot demonstration zone in the country, accelerating the city’s development of its blockchain technology and industry in the years ahead.
As a major software industrial hub in the mainland, the southern metropolis has also introduced specific measures for the city’s development of blockchain technology and industry 2020-22, according to a statement released by the city government on Friday.
“Guangzhou will continue to spare no effort to promote blockchain innovation and development and take blockchain as an important breakthrough for independent innovation of core technology, and strive to build the city into a domestic blockchain industry cluster in innovation and application industries.
Major companies in the city will be encouraged and guided to develop and integrate blockchain technology with finance, information, intelligent manufacturing, supply chain, bio-medicine, scientific research, logistics, intellectual property, industrial Internet and related industries in the coming years, to further upgrade their supply chain technologies and digital transformation, said the statement.
“Guangzhou has a dynamic scientific research atmosphere, rich human resources and strong economic development momentum, and therefore, the city has its great advantages to become a new and major blockchain technological and industrial center in the Guangdong-Hong Kong-Macao Greater Bay Area,” the statement said.
Meanwhile, Guangzhou has continuously strengthened the deep integration of the blockchain technology and various fields of the traditional economy, and built a new engine for high-quality economic development in the city, the statement said.
To this end, Guangzhou has expanded its cooperation with major internet and technology companies, including Alibaba, Tencent, JD and Baidu, in developing its blockchain technology and industry, the statement added.
According to official statistics, Guangzhou has, so far, registered more than 400 blockchain companies mainly involved in government administration, finance, bio-medicine, people’s livelihood and manufacturing industries.
Source: China Daily
In response to a joint statement issued by the UK, the US, Australia, and Canada interfering with China’s internal affairs, Hong Kong’s former Chief Executive Leung Chun-ying called on the Hong Kong government, businesses, and citizens to act against threats from the West in a Facebook post along with the rest of China. Leung is also a vice chairman of the Chinese People’s Political Consultative Conference, China’s top political advisory body.
In the post, he also lambasted HSBC, stating, “It’s been one week, but HSBC still hasn’t taken a stance on the national security legislation”, adding that HSBC’s profits mainly come from China, and the self-proclaimed British bank can’t make money from China while following Western countries to do things that damage China’s sovereignty, dignity, and people’s feelings.
Leung said that the UK, Australia, and Canada – three English-speaking countries dominated by white people – followed in the footsteps of their big brother, the US, to issue a joint statement and interfere in China’s internal affairs. He said the national security legislation was made for Hong Kong and enacted for Hong Kong, so Hong Kong must stand by China, truly make Hong Kong China’s Hong Kong, and clearly show these countries that Hong Kong is not their colony.
On HSBC, Leung said that during the handover of Hong Kong to China, many British investors abandoned the City, but the Chinese government was generous, allowing some of these companies, including HSBC, to continue enjoying a privileged status. After a week, HSBC however still hasn’t expressed their stance on the national security legislation, and since the UK government has followed the US government, whether or not HSBC will follow the UK government is something the Hong Kong people need to be highly concerned about.
Leung wrote, “HSBC’s profits mainly come from China, but the board of directors and senior management are almost all British. In terms of political issues, this self-proclaimed British bank can’t make money from China while following Western countries to do things that damage China’s sovereignty, dignity, and people’s feelings.”
Leung ended his message by saying, “We need to let the UK government, politicians, and British companies like HSBC know which side of the bread is buttered.”
Leung’s post (translation):
The UK, Australia, and Canada – three English-speaking countries dominated by white people – followed in the footsteps of their big brother, the US, to issue a joint statement and interfere in China’s internal affairs. Products and services from these countries have a huge market both in Hong Kong and on the Chinese mainland through the port of Hong Kong.
The national security legislation was made for Hong Kong and enacted for Hong Kong, so Hong Kong must stand by our country and truly make Hong Kong China’s Hong Kong. We must clearly show these countries that Hong Kong is not their colony.
We need to separate separatists, terrorists, and rioters from other people who simply belong to the opposition. Similarly, while fighting back against the so-called economic sanctions of Western countries on China, we need to draw a clear line between foreign companies and the British companies that maintain a major presence in Hong Kong and the Chinese mainland.
During the handover of Hong Kong to China, many British investors abandoned the City, but the Chinese government was generous, allowing some of these companies, including HSBC, to continue enjoying a privileged status.
In today’s world, the most important resource is markets, and China, including Hong Kong, is one of the world’s largest markets. It’s been one week, but HSBC still hasn’t taken a stance on the national security legislation. The UK government has followed the US government; whether or not HSBC will follow the UK government is something we need to be highly concerned about.
Chris Patten told Bloomberg that “China is an enemy to us now”, and “China must pay a price”. I want to tell the British people that China will also draw a line in the sand. Let’s see who will pay the bigger price.
HSBC’s profits mainly come from China, but the board of directors and senior management are almost all British. In terms of political issues, this self-proclaimed British bank can’t make money from China while following Western countries to do things that damage China’s sovereignty, dignity, and people’s feelings. China and Hong Kong doesn’t owe HSBC anything. The China business at HSBC can be replaced overnight by banks from China and other countries.
If the UK were to confront China, the Hong Kong government and business communities from the Chinese mainland and Hong Kong who hold HSBC accounts must take immediate action to protect themselves from being held hostage like Huawei. This is especially true for Chinese People’s Political Consultative Conference members and National People’s Congress deputies.
We need to let the UK government, politicians, and British companies like HSBC know which side of the bread is buttered.
Zhao Youping is a writer with Global Times
Source: China Daily
Before the CCP collapses, it would use its propaganda machine to create an illusion of a prosperously recovered economy, so that the Chinese people would appreciate its “great leadership” and thus dedicate to fight for CCP initiatives. There are two big gambles that CCP is betting on: one that they think they can completely manipulate the public opinion, as most of the Chinese people under the CCP control are easy to trick in name of nationalism and CCP initiatives, and the U.S. doesn’t have the guts to fall out with CCP, the second is that CCP can always cheat its loyal followers, it doesn’t care if its controlled country gets ruined, as long as they can keep the internal high pressure, kill people who dare to rise up against them without mercy, it shall keep its power and social stability, and they don’t believe the U.S. can crash it.
According to President Trump’s speech, delivered in the Rose Garden yesterday (May, 29th, 2020), in the future, the United States will launch a series of attacks against CCP without mercy. The worst time for CCP is yet to come until June 4th. The United States may establish diplomatic relations with Taiwan or directly acknowledge Taiwan’s independence. The British BNO Passports will allow Hong Kong people to become British citizens unconditionally. Many countries will join the U.S. to fight with CCP and they will start to accept Hong Kong people, and Hong Kong will soon become an abandoned city, without a high level of human power and important assets. All that remains will be the families of the mainland and Hong Kong rich families who are loyal CCP associates. Most U.S. enterprises will draw from Shanghai and Guangdong completely.
It will take some time for the Hong Kong dollar to collapse and don’t join the short if you are not highly skillful investors. China’s domestic economy is miserable, and 50-60% of foreign trade and foreign exchange companies will be finished. Goldman Sachs will be lucky to survive through next year, and it may lose all of its investment in mainland China and Hong Kong.
Since yesterday, CCP ‘s ambassador to Washington, Mr. Cui Tiankai, held a conference with dozens of former U.S. government Asian affairs officials，who regularly give advice to CCP, including Secretary of State Kissinger’s assistant, threatening if President Trump continues to fight against the CCP，Mr. Cui himself will join the CCP army and fight against the United States. In fact, Cui’s personal assets in the United States exceed RMB 3 billion (corruption hint here). CCP show all the characteristics of all dictatorships before their demise. Let’s find out what the former ambassadors to the United States, Iraqi, Libya, Romanian…as what they were doing before the fall of these authoritarian governments? Seeking political asylum. Will Mr. Cui follow the same practice? We will find out in the future.
In fact, CCP also knows the result of the China-US decoupling, the possible war in Taiwan Strait and the South China Sea with the US, and also knows that the Hong Kong dollar and RMB will end, as they are preparing for it, yet they still insist on its own way of fighting with the U.S., Europe and the rest of the world. It is their destiny of God’s plan.
On May 30, 2020, 3:00 pm EDT, NASA and SpaceX successfully sent two astronauts, Douglas Hurley and Robert Behnken, into space with a completely American-made rocket. Falcon9 successfully completed the mission and returned to the predetermined position. It can be put into use again. Crew Dragon successfully entered orbit. After a 19-hour flight, it will send astronauts to the International Space Station. According to NASA Administrator Jim Bridenstine, President Trump became the third sitting president in history to watch live from the Kennedy Space Center and the only sitting president to watch America astronauts to launch a brand new rocket that had never been launched before.
In this tough time, there are not only the challenges caused by the coronavirus pandemic, but also other challenges around the country. With all of the Americans working together, the United States once again successfully launched a US-made rocket to send astronauts into space. At the same time, this is also a project that inspires young people, encourages more young people, to become the next Elon Musk.
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Premier calls for China-US cooperation based on equality, mutual respect
Premier Li Keqiang urged Washington on Thursday to work with Beijing to manage their differences and expand their shared interests, and jointly advance China-US relations based on coordination, cooperation and stability.
Li made the remarks at the news conference after the closing of the third session of the 13th National People’s Congress, the nation’s top legislature.
“At the moment, China-US relations have encountered some new problems and challenges,” Li said, adding that decoupling the world’s two largest economies will do neither side any good, and will also harm the world.
The premier called for abandoning the Cold War mindset, and said that differences, disagreements and even frictions are unavoidable given the two countries’ different social systems, cultural heritage and historical backgrounds.
“What’s important is how we manage these disagreements and differences,” Li said, adding that the bilateral relationship has been moving forward in recent decades amid twists and turns.
The two countries should develop their relationship on the basis of equality, respect each other’s core interests and major concerns and embrace cooperation that will be conducive to both countries and the world, he said.
Li stressed that China and the United States stand to gain from cooperation and lose from confrontation, and the development of their ties matters to the interests of the two peoples and also concerns the world.
Saying that bilateral ties are critically important, Li noted that China and the US are permanent members of the United Nations Security Council, and there are also many areas where they can and should work together on tackling traditional and non-traditional challenges.
In terms of bilateral economic relations, Li said the two countries’ economies have become closely interconnected and both nations have benefited tremendously from bilateral economic and trade cooperation.
“Trade and economic cooperation between the two countries should abide by the business rules. Let the market make the choice and allow entrepreneurs to make the decision,” he said.
Li also called for international cooperation to offset the impact of the COVID-19 pandemic on the global economy, and he said China will continue to expand its opening-up policy.
He said the international community needs to work together to ensure the stability of international industrial and supply chains.
“This requires that we continue to keep ourselves open to promote trade liberalization and investment facilitation,” he said, “and it is with such joint efforts that we will be able to reduce the losses from COVID-19 to the minimum”.
Li reiterated China’s commitment to opening-up, and said the country will introduce more related measures.
“We hope that people will stay optimistic about the market and make more investment in this market,” he said, adding that China is also prepared to boost imports from other parts of the world.
As for how to respond to the public health crisis and the global economic recession, Li said all members of the global community should work together in a spirit of partnership to prevail over the current difficulties.
China, as a major developing country, will surely live up to its share of international responsibilities, he added.
Premier Li Keqiang Meets the Press: Full Transcript of Questions and Answers
The Third Session of the 13th National People’s Congress held a press conference at the Great Hall of the People on the afternoon of 28 May 2020. Premier Li Keqiang met with Chinese and foreign reporters and answered their questions at the invitation of Spokesperson Mr. Zhang Yesui.
In his opening remarks, Premier Li Keqiang thanked the journalists for covering China’s NPC and CPPCC Sessions at an unusual time and despite unusual circumstances. He noted that although the containment protocols require that the press conference be held via a video link, such distance would not impede their communication. In the interest of time, he went straight to questions.
Reuters: The new coronavirus outbreak has devastated economies around the world. Trillions of dollars in fiscal and monetary measures have been pushed out to deal with the fallout. In this year’s Government Work Report, China did not set a GDP growth target. But it did announce fiscal measures worth about 4% of China’s GDP in 2019 according to our calculations. That’s slightly less than some economists expected after seeing China’s economy contract for the first time in decades in the first quarter. So my question is: can we expect China to deliver more ambitious stimulus in the months to come? Does China have sufficient policy options to deal with a prolonged global pandemic and rising tensions with the United States?
Premier Li: The novel coronavirus disease has taken a heavy toll on the global economy in a way rarely seen before. Major international institutions have projected a negative 3 percent global growth or worse this year. As China’s economy has become deeply integrated into the global economy, it is simply impossible for the Chinese economy to stay immune to such impacts. This year we decided not to set a specific growth target. This is a decision informed by the realities on the ground. In the meantime, we have formulated a series of goals and tasks in six key areas which are closely connected with economic development, with a particular focus on protecting employment, people’s basic living needs, and market entities.
Not setting a specific GDP growth target does not mean that economic development is not important. Our decision is designed for economic growth to deliver more real gains to our people and promote higher quality development in China. We believe that development still holds the key and is the foundation for resolving all the problems in China today. Putting protections in place in six key areas, especially in the areas of jobs, livelihoods and businesses, will help us achieve positive and solid growth this year to the extent possible, and maintain steady economic development.
In your questions you said our measures are seen by some as below expectations. What I heard from many quarters is that our measures are forceful. For any response to work, we must get both the timing and intensity right. When COVID-19 was still raging, some policies were introduced. But with the economy barely reopened, the situation then made it difficult for these policies to get truly delivered on the ground, as most of the people still had to stay indoors. This has been a process of gaining experience. Based on the experience in the past weeks and months and our assessment of the current situation, we have decided on new policy steps of a sizable scale as set out in the Government Work Report, and we believe these measures are forceful.
We have repeatedly said that we will not flood China’s economy with liquidity. We didn’t do it in the past; we will not do it now. But the current unusual time requires extraordinary measures. Just as water is important to fish farming, sufficient liquidity is important to economic development. But too much water will induce froth in the fish pond, whereby some people may attempt to muddy the waters and fish for arbitrage. We must ensure that measures taken are well-focused, the prescription is precise and the medicines for getting out of the hardship effective. New approaches must be employed as to where the money comes from and how it is spent.
The financing raised through policies of a sizable scale can be grouped into mainly two categories. The first covers the increase of fiscal deficits and issuance of government bonds for COVID-19 control. Together it amounts to 2 trillion RMB yuan. The other category, which is roughly twice as big, covers payment relief for enterprises of their contributions to social security schemes, also known as payroll tax in some other countries, and taps into the balance of the unemployment insurance fund, interest concessions made by state-owned commercial banks, and price reductions in natural monopoly industries to lower enterprises’ operating costs. This money will be primarily used to support jobs, people’s basic living needs and businesses, and sustain household income. It accounts for a double-digit share in the more than 40 trillion RMB yuan of total household income in China.
What’s more important is how the money is spent. Our measures of a sizable scale are designed to provide vital relief to businesses and revitalize the market. With a particular focus on supporting jobs and people’s livelihoods, our people will have money to spend and consumption will drive market vitality. This is in keeping with market-oriented reform.
Money well-spent can create new money. Money invested in the people will generate new wealth, help us protect and preserve the tax base and make public finance more sustainable. We will do our utmost to keep China’s economic growth stable and make steady progress. In other words, we will not kick up dirt and leave a trail of dust that will block the sight of those who follow. We have also reserved policy space on the fiscal, financial, social security and other fronts. And we are in a strong position to quickly introduce new measures without any hesitation should the evolving situation calls for it. It is essential that we keep China’s economic growth on a steady course.
I am confident that under the strong leadership of the CPC Central Committee with Comrade Xi Jinping at its core and with joint efforts of people across the nation, we will be able to prevail over the current difficulties, fulfill our tasks and goals for the whole year, and complete the building of a moderately prosperous society in all respects. Keeping China’s economic growth and fundamentals stable will be a contribution to the whole world. And China will remain a positive force driving global economic recovery and growth.
Bloomberg News: The origins of COVID-19 are still a mystery. Scientists think if we can find out where it came from, we could prevent future pandemics. There have been calls for an international independent inquiry into the origins. What is China’s stance on how such an inquiry should be carried out? What should such an inquiry do and what should it not do?
Premier Li: China and many countries believe that it is important to get a clear idea about the sources of the coronavirus. At the recently held World Health Assembly, a resolution was adopted, and China is one of the co-sponsors of this resolution. We believe that getting clear about the sources of the virus on the basis of science will help us better carry out containment of COVID-19, and also contribute to protecting life and health of people around the world.
The novel coronavirus disease has caught all countries by surprise. It is a completely new disease to humankind. So far, I’m afraid there is still more to the virus that we do not yet know. Viruses respect no borders, and they are the common enemy of the whole world and entire humanity. Nowadays, all countries are still working hard to contain the spread of the virus, and we are gaining experience along the way. We must work together to keep the virus in check. Research efforts need to be intensified for breakthroughs in vaccines, effective medicines and testing reagents, as they will be powerful weapons to help us succeed in checking the virus. China and many other countries are making investments into R&D of these products, and we are open to international cooperation. The deliverables of the R&D will be global public goods that we are ready to share with others. They will help the entire humankind in defeating the virus.
With painstaking efforts, the Chinese people have successfully brought the spread of the virus under control. And China has taken an active part in international cooperation against the virus. We have all along acted with openness, transparency and a sense of responsibility. We have shared information in a timely way with the rest of the international community. The virus is still spreading around the world. And in China it has not come to a complete end yet; there are still sporadic cases. Scientists have cautioned us to stay on high alert to prevent a resurgence of infections. We must continue to adopt a factual, science-based, open and transparent approach in dealing with COVID-19. Any infection, once detected, must be promptly handled, and no cover-up will ever be allowed.
Many people say that COVID-19 will not come to a stop any time soon and we may have to live with it for quite some time to come. All countries now are confronted with dual challenges. It’s like doing double exams. We have to contain the spread of the virus, and at the same time do our best to get life and work back to normal. I’m afraid there is a certain level of trade-off between these two goals. Things would be quite different if we had only one task. So we will have to do our utmost to strike a delicate balance and continue to explore our way forward. In this process, international cooperation is vitally important. Whether it’s fighting the virus or growing the economy, we must come together in a sense of partnership to eventually fight back the onslaught of the epidemic.
CCTV: In the Government Work Report, this year’s economic policies have been spelled out. What will the government do to ensure that all these funds will be truly delivered to benefit companies, instead of just circulating within the financial sector, and bring real gains to the general public?
Premier Li: In coping with the current round of unprecedented shocks, we don’t have ready experience to draw from. It’s not something we can manage with ease, and we will have to blaze a trail with hard efforts. We must be creative in crafting and delivering our policies. As I said just now, our policies, which are of a sizable scale, are designed to provide vital relief to businesses and revitalize the market, with particular focus on stabilizing employment and ensuring people’s livelihood. They are not focused on large infrastructure projects. This is because big changes have taken place in China’s economic structure, where consumption is now the primary engine driving growth, and micro, small and medium-sized companies now provide over 90 percent of all jobs in China. So under the sizable-scale policies introduced this time, some 70 percent of the funds will be used to support the increase in people’s income through direct or relatively direct means in order to spur consumption and energize the market. One big challenge we have confronted in coping with COVID-19 is that containment efforts have had a dampening effect on consumption. Hence, measures in this direction are also part of our market-oriented reform.
Second, the funds made available will all be used to support primary-level governments and businesses, and ensure people’s livelihood. The increase of budget deficits and funds raised from the issuance of government bonds for COVID-19 control will all be channeled to primary-level governments. Even provincial governments will be just passers-by to these funds. Some people may ask whether primary-level governments can ensure all the funds will be put to best use. In this respect, a special transfer payment mechanism will be established to see that companies, especially smaller firms, will truly benefit from these funds, and people who live on social security schemes, subsistence allowance, unemployment benefits, old-age support and those living in difficulties will be able to benefit. Real-name records will be established, and no cooking of books or embezzlement will ever be allowed. We will keep our eyes wide open and welcome public supervision. Eventually, the delivery of these measures will have to be recognized by businesses and our people.
The Central Government will lead by example in living on a tight budget. We will cut over 50 percent of outlays on non-essential, non-obligatory expenditures at the central government level, and the money saved will be mainly used to support primary-level governments, enterprises and people’s basic living needs. Governments at all levels must tighten their belts, and reject pointless formalities and spending splurges.
Just now, I talked more about boosting consumption. That doesn’t mean investment is not important. We will also expand effective investment. There will be an increase of 1.6 trillion RMB yuan of special local government bonds this year, and some treasury bonds as well, with the total amount topping 2 trillion RMB yuan. They account for between 20 and 30 percent of the funds made available under the sizable-scale policies we introduced this year. The focus of the funds will be on new infrastructures and new-type urbanization and key projects for national development. We will rely on reforms in undertaking these programs and mobilize private sector investment. And the projects supported must generate good returns, and be well-calibrated and delivered according to economic laws to avoid undesirable results.
China Times: Because of COVID-19, the Two Sessions this year have been postponed to May, which is quite close to the date of 20 May. As the DPP continues to govern in Taiwan, what is the overall consideration of the mainland concerning its policy toward Taiwan? And what will the mainland do to promote relations across the Taiwan Strait?
Premier Li: As I said in the Government Work Report, our principles and policies toward Taiwan have been consistent and well-known to the international community. We will stay committed to the one-China principle and the 1992 Consensus. We will continue to firmly oppose “Taiwan independence”. Based on this political foundation, we are ready to have dialogue and consultation with any party, group or personage in Taiwan regarding cross-Strait relations and the future of the Chinese nation, and promote peaceful growth of cross-Strait relations. We will continue to show maximum sincerity and do our very utmost to promote peaceful reunification of China. The Taiwan question is China’s internal affair. And we have all along opposed external interference. The Chinese nation has the wisdom and the ability to handle its own affairs.
We view our fellow compatriots in Taiwan as brothers and sisters. Blood is thicker than water. We will continue to pay high attention to their well-being. Thanks to our joint efforts, there has been no loss of life to COVID-19 among Taiwan compatriots working and living on the mainland. In the face of the epidemic, we wish people on both sides of the Taiwan Strait safety and good health.
China Daily: In this year’s Government Work Report, the target of new urban jobs has been revised downward, and the target of surveyed urban unemployment rate upward, compared with the levels last year. In the face of the severe employment situation, what will the government do to avert massive job losses and help college graduates and rural migrant workers find jobs?
Premier Li: We have set this year’s target of new urban jobs at over 9 million, somewhat below last year’s level. To attain this goal, we need to maintain a certain level of economic growth. The urban surveyed unemployment rate target is set at around 6 percent. In fact, in April, that figure already hit 6 percent, so such a target was set on the basis of the situation on the ground.
Employment matters the most in people’s lives. It is something of paramount importance for all families. Of all the comments posted by netizens on the Chinese government portal website, some one third are about jobs. One of them was posted by a rural migrant worker in his 50s. He said that over the past 30 plus years, he had been working in cities every year. But so far this year he has been unable to find a job and the whole family is now in difficulty. Many self-employed individuals have seen their businesses grinding to a halt for several months. And some export companies have also been in great difficulty for lack of orders. This is affecting the jobs of their employees. We must provide support to all these people. But most importantly, we must help them land jobs. There is a labor force of 900 million in China. If they are out of work, there will be 900 million mouths to feed; if they are all put to work, 900 million pairs of hands will be able to generate tremendous wealth.
In order to retain existing jobs, all our pro-job measures will be fully employed with the largest input of funds. Such sizable policy funds can be used by primary-level governments to implement tax and fee cuts, and subsidize rents or interest payment in support of companies. So all these measures are designed to keep companies in business and secure the jobs of their employees and they will be implemented in a fair and reasonable way. We will also finance skills training initiatives by businesses to stabilize employment. This year and the next, we will tap into the balance of the unemployment insurance fund to provide some 35 million vocational skills training opportunities. This will cushion the impact of unemployment, and we will help people who lose their jobs get reemployed as soon as possible.
We also need to do our best to create new jobs. Nowadays, some 100 million people are employed in new forms of business and industry, and some 200 million people are working in the gig economy. The government must continue to provide support and at the same time lift all unwarranted restrictions that prevent the development of those industries and sectors. We also need to create a favorable environment for the increase of new job opportunities. Last year, more than 10,000 new businesses were created on an average day, and we will continue to work hard to see that the figure stays at this level this year.
We can certainly rely on the innovation and initiative of the Chinese people in this respect. One may recall when young people returned to the cities from the countryside in large numbers in the early days of reform and opening-up, the opening of roadside tea stands helped to put many of them to work. About two weeks ago, I saw in the news that a city in China’s western region, in keeping with local rules and regulations, set up 36,000 mobile stalls, adding some 100,000 new jobs overnight.
Our people are hardworking and the Chinese market keeps expanding and upgrading. In this process, the government must focus on providing support to key groups in their employment. The number of new college graduates will reach a record high of 8.74 million this year. We must provide employment services to these people, both this year and next, so that they will not be left to their own devices. And for rural migrant workers, no matter whether they are still working in a city or have returned to their hometown, we will put in place employment service platforms to support them in landing jobs. We must also fully implement all the support measures for demobilized military personnel as well.
Phoenix TV: At this year’s NPC Session, a decision was adopted on establishing and improving the legal system and enforcement mechanisms for safeguarding national security in the Hong Kong SAR. The Standing Committee of the NPC will also set in motion a legislative process in this respect. Does this mean that the Central Government has adjusted its policy toward Hong Kong and abandoned “one country, two systems”? How do you respond to the various comments in this respect?
Premier Li: “One country, two systems” is China’s basic state policy. The Central Government has all along fully and faithfully implemented the “one country, two systems” under which the people of Hong Kong administer Hong Kong with a high degree of autonomy, acted in strict accordance with the Constitution and the Basic Law, and supported the Hong Kong SAR government and the Chief Executive in exercising administration according to law. The decision adopted at the NPC Session to safeguard national security is designed for the steady implementation of “one country, two systems” and for Hong Kong’s long-term prosperity and stability.
NBC News: The United States continues to blame China for the global pandemic. There’s more and more talk of a cold war between the US and China. At the same time, Chinese and American officials talk of creating favorable conditions for the phase one trade deal that could help stabilize the relationship. Are you still confident that more economic reforms and concessions of China can adequately address America’s concerns, given that China’s economy has been weakened? Or if the efforts for cooperation fail, can China’s economy withstand the threat of a “cold war” and “decoupling”?
Premier Li: It is true that at the moment, China-US relations have encountered some new problems and challenges. This is a very important bilateral relationship. Both countries are permanent members of the UN Security Council. There are many areas where the two countries can and should work with each other in tackling both traditional and non-traditional challenges. There are also extensive exchanges between the two countries in the economic, trade, scientific, technological, cultural and other fields. So it is fair to say that there is extensive common interest between China and the United States. Both countries stand to gain from cooperation and lose from confrontation. Getting Sino-US relationship right is in the interest of people of both countries and the whole world. Given the importance of this relationship, the problems that occurred in this relationship have been a cause for concern for the international community. As for a cold war, you know that we have all along rejected the “cold war” mentality. And “decoupling” between major economies will do neither side any good. It is also harmful to the world. I believe we should continue to work together to follow through on the important consensus reached between our two presidents and work jointly to foster a Sino-US relationship based on coordination, cooperation and stability.
The economies of our two countries have become closely interconnected. Our economic and trade ties have come a long way, and both sides have benefited tremendously. Just a few days ago, an American high-tech firm announced the launch of an investment project in Wuhan. I shouldn’t do any commercial promotion for any company, but I highly appreciate this move and sent my message of congratulations to mark the occasion. I believe this example shows that the business communities of our two countries need each other, and our business cooperation can be of mutual benefit.
I believe the economic cooperation and trade between our two countries should follow commercial principles. We should leave the decisions to the market and to the business leaders. The job of the government is to establish platforms for the business communities of the two countries. China and the United States are the world’s largest developing and developed countries respectively. Given the differences in our social systems, cultural heritage and historical backgrounds, some disagreements and even frictions may be unavoidable. What’s important is how we manage them. The relationship has been moving forward amid twists and turns in the past several decades, featuring both growing cooperation and some bumps along the way. Indeed, this is a complex relationship. We must use our wisdom to expand common interests and manage differences and disagreements. In a word, I believe that the two countries should develop a relationship on the basis of mutual respect, equality and mutual benefit, respect each other’s core interests and major concerns, and embrace cooperation. That will be conducive to the interests of both countries and the world.
Xinhua News Agency: When we talk about the economic work agenda for the Chinese government this year, the words we have heard most frequently are stability and protections. What are their relations with market-oriented reforms? What will be the priorities of reform this year?
Premier Li: Our experience in the past 40-plus years of reform and opening-up shows that the greater difficulty we face, the more important it is for us to keep to reform. In our macro policies, we outlined sets of priority areas where stability is key and where protections are needed. Our measures are designed to help those vast numbers of market entities and are built around addressing their difficulties and concerns. This in itself is consistent with our market-oriented reform.
First and foremost, we must help all our businesses survive. Our solid measures must serve to provide vital relief to businesses and revitalize the market. Hence, all these measures must deliver real gains to companies and support self-employed individuals. As I said in the Government Work Report, we must do our utmost to help the 120 million market entities in China sustain themselves, and that will help us assure success for the future.
At the same time we must work hard to help our businesses thrive by pressing ahead with reform of government functions. We will continue to foster a market-oriented and world-class business environment governed by a sound legal framework. The government must lift all unnecessary restrictions on market entities to facilitate fair competition. Such policies and measures, intangible as they are, will create tangible wealth in our businesses just like real investments.
Furthermore, we must work hard to help more new market entities emerge. We have seen a trend-bucking surge of growth in new forms of business and industry during the COVID-19 response, including online shopping, express delivery services, and teleworking. Some new forms of business have even seen their revenues increase by two thirds. I believe such developments are very much attributable to our initiatives and reforms in recent years, including the supply-side structural reform, our efforts to promote high-quality development and foster new drivers of growth, and our initiative of encouraging business start-ups and innovation. We must use the experience gained in this process to the fullest extent to foster more growth drivers and help more market entities grow. This year, our goal is to see that the number of newly registered businesses stay at about 20,000 on an average day. And that figure has become an important indicator gauging the economic vitality of China.
We pay close attention to these smaller firms, but we also highly value the role of big companies. We hope that companies of all sizes will be able to thrive together through close cooperation and collaboration. We also expect that more smaller firms will one day grow into large companies. This year,we must ensure full delivery of all these relief and support measures, and at the same time work for notable improvement in China’s business environment. These measures, when combined, will produce multiplying effects.
Asahi Shimbun: COVID-19 has taken a big hit on the global economy. But China has been successful in bringing the spread of the virus under control. What does China plan to do to advance economic cooperation with Japan and other neighboring countries? What is China’s plan for advancing the FTA among China, Japan and the Republic of Korea, the Regional Comprehensive Economic Partnership (RCEP) and other free trade arrangements? Does China have a plan to join the TPP?
Premier Li: I recall that last year at the leaders’ meeting of East Asian cooperation, leaders of 15 countries made the commitment of signing the RCEP by the end of this year. I hope and believe that this commitment will not come to nothing. China, Japan and the ROK are also working closely together to advance their FTA development. The three countries are close neighbors, and we would like to work with the other two countries to develop a mini economic cycle within the bigger economic cycle. For example, recently China and the ROK have opened a fast-track service for personnel inter-flows in areas such as commerce and technology. We believe this will benefit the resumption of economic activities, and our geographical proximity has put us in a good position to benefit from this earlier.
As for your question about TPP, I suppose what you mean is the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). China has a positive and open attitude toward joining the CPTPP.
People’s Daily: This year, China plans to win its battle against poverty. But because of COVID-19, many families have seen a decline in their household income. And some are even at the risk of falling back into poverty. So are we able to fulfill the task of winning the battle against poverty this year? And what will the government do to meet people’s essential needs?
Premier Li: Our country is a developing country with a big population. The per capita annual disposable income in China is 30,000 RMB yuan. But there are still some 600 million people earning a medium or low income, or even less. Their monthly income is barely 1,000 RMB yuan. It’s not even enough to rent a room in a medium Chinese city. And because of COVID-19, many families have encountered difficulties. So it is a very high priority on the government’s work agenda to meet the essential needs of vulnerable groups and those families who have encountered new difficulties because of COVID-19. This is a very important part of the government’s work agenda. And a fairly big part of our support policies are designed for this very purpose.
This year, we are determined to end poverty as scheduled. This is a serious commitment made by the CPC Central Committee with Comrade Xi Jinping at its core to the whole of Chinese society. Before COVID-19 struck, there were some 5 million people living below the poverty line. But because of the disease, some may have fallen back into poverty. Hence we now face a greater task in meeting our goal. But with our multi-pronged policies and measures to ensure the essential needs of our people, we have the confidence to win the battle against poverty this year.
Governments at all levels must always put people’s interests first and bear in mind the hardships of the Chinese people. In introducing each and every policy, we must make sure that it contributes to the well-being of all families and to the better lives of our people. In responding to COVID-19 this year, we must make thoughtful and meticulous plans to ensure the basic needs of all vulnerable groups. In this respect, we have decided to expand the coverage of subsistence allowance and unemployment benefits. Some 60 million people in China still live on subsistence allowance or receive unemployment benefits, penury assistance, or other relief or support. This year, we are expected to see a big increase in the number of recipients. We have sufficient funds to support these vulnerable groups. We must use the money wisely to ensure that every cent will be well spent. Some 300 million senior Chinese citizens live on old-age pension. We decided to raise the pensions for these retirees this year. We must fully deliver all our commitments.
Actions count, and actions always speak louder than words. We have sufficient balance in our social security fund to ensure that pension benefits will be paid on time and in full, and there should be no loopholes in the operation of the fund. This way, we will be able to give our people more hope about their future. More importantly, the Chinese have a tradition of respecting and taking good care of the elderly. We must ensure that all the benefits and support will be duly provided. This will reassure our people and also help us promote China’s economic development. As the saying goes, the people is the foundation of a state. When the foundation is strong, the state will be secure. So we must fully deliver on all those policies and measures. And that will make our people more hopeful about their future.
Lianhe Zaobao: In the Government Work Report, you said that China will face some factors that are difficult to predict in its development due to the great uncertainty regarding the COVID-19 pandemic and world economic and trade environment. So what is your reading of the external situation China faces? What will China do to cope with the changes in the international environment? And what role will China play in the global responses to the public health challenge and the challenge of serious global recession?
Premier Li: Let’s look at what’s happening around us. COVID-19 has impacted our world profoundly. There has been a significant deceleration and decline of exchanges and cooperation between countries because of the containment requirements. Should such a trend continue, the global economy will be pushed into deeper recession and that is something dangerous. And if the world economy cannot resume growth, it may be even challenging to sustain the COVID-19 response. In responding to COVID-19, we need public goods more than ever before; we need to keep the international industrial and supply chains stable. This requires even greater openness and the pursuit of trade liberalization and investment facilitation. With such joint efforts we will be able to prevail over and minimize the effects of COVID-19 on the world.
It is impossible for any country to achieve development with its door closed or retreat back to the agrarian times. China will keep to its opening-up policy. China will not waver in this commitment, nor is it possible for us to shut our door to the outside world. Instead, we will further expand our cooperation with the rest of the world and introduce more opening-up measures on our own initiative.
Openness is as indispensable to a country’s development as air is to human beings. One will suffocate in an enclosed space. We, in this process, will work with others to keep global industrial and supply chains stable. Some have made plain their intention to readjust the global industrial and supply chains. We believe the shifts in global production of businesses should be done in accordance with market principles. In the marketplace, it is only natural for companies to come and go, succeed or fail. People should not make arbitrary plans against market rules. Instead, we should open up our markets wider to each other.
In an environment of mutual openness, we believe it’s important for countries to live side by side in amity. We hope that all countries will observe the principles of mutual respect and equality. We believe that all countries should be equals, big or small, rich or poor, strong or weak. And if there are some rules in today’s world that need to be improved, we can all sit down and work things out through discussions. We need to pursue mutual benefit in our cooperation. We don’t think for any one particular party to take all the benefits will work. Instead, we should pursue win-win. And in this environment we may achieve shared success. Countries should also support, help and learn from each other, as we can make the most of our comparative advantages. We believe all countries should fulfill their due international obligations and work together to tackle common challenges and difficulties. And China, as a large developing country, will surely live up to its share of international responsibilities.
China is a huge market. All these policies of a sizable scale that we have introduced to provide relief to businesses will further spur consumption and energize our market. And we hope that people will stay optimistic about coming to invest in this big market of China. China is also prepared to boost imports from other parts of the world and we will be a big market for the whole world.
As for how to respond to the public health crisis and global economic recession, as I have said in my previous remarks, we believe all members of the global community should pull together in a sense of partnership to prevail over the current difficulty. We hope and believe that with joint efforts of people around the world, the post-COVID-19 world will be a more open one. And this post-recession world will embrace new prosperity.
The Press Conference was held via a video link between the main venue, the Golden Hall on the third floor of the Great Hall of the People, and the Press Center for the NPC and CPPCC Sessions at Media Center Hotel. It lasted for about 110 minutes.
Source: China Daily
On May 28, President Trump received a briefing regarding the preparation for 2020 hurricane season in Oval Office at the White House. Dr. Jacobs explained the weather prediction for an above-average hurricane season ahead. FEMA administrator Peter Gaynor introduced preparation implemented under COVID19 pandemic to confront the coming hurricane season. President Trump then responded questions from the reporters on the Mexican border, and forecasted the May 29 Press Conference on China Issues.
Vice President Pence and wife Karen attended the memorial service for Ravi Zacharias on May 29, 2020 in Atlanta, GA. Pence spoke to honor Ravi Zacharias, praising him as “the greatest Christian Apologist of this century.”
translation : SeaMoon
US Secretary of State Pompeo claimed on Wednesday that he had proved to Congress that Hong Kong no longer has a high degree of autonomy and that the legal treatment of the United States before July 1997 is no longer applicable. He also hypocritically declared that “the United States stands with the people of Hong Kong.” The report said that the US government will announce “sanctions” against China ’s Hong Kong-related national security legislation as soon as possible, but Pompeo’s statement will not automatically trigger the United States to cancel Hong Kong ’s independent tariff status.
The “Hong Kong Battle” between China and the United States has already begun. The United States is aggressive, but there is only one substantive means that can have an overall impact. That is, to cancel Hong Kong’s independent tariff status and treat Hong Kong as the mainland of China. This is another double-edged sword that will simultaneously hit a large number of American companies and seriously affect US exports to Hong Kong.
The overall situation of the “Hong Kong Battle” between China and the United States is that China has the actual initiative. Although the United States can destroy the environment in Hong Kong from the outside, its effect is limited. After the adoption of the National Security Law, the ability of the United States to directly intervene in the situation in Hong Kong will be greatly suppressed. How the situation in Hong Kong will go next, and how the city will continue to create prosperity, will be independently shaped by the people of Hong Kong with the help of the country.
Over time, the United States regards Hong Kong as a chess piece against Beijing. Once it does not work then it will reveal its true face of being an enemy to the people of Hong Kong gradually. The more the United States imposes sanctions on Hong Kong, the more the interests of the people of Hong Kong are tied to the entire country, which forms a pattern of honor and disgrace between Hong Kong and the motherland. The National Security Law and the wrong actions of the United States will jointly reconstruct the public opinion in Hong Kong. It is a general trend that the national betrayal will lose its space for arrogance and chaos in Hong Kong.
Hong Kong will stabilize eventually and continues its role as a financial center to explore a more promising future. The huge Chinese economy volume and the gradual completion of the system have sufficient conditions to support the world’s financial centers. That there are financial centers in Chinese cities is definitely not a gift from the US. It is a position earned by the Chinese themselves. It can be said that on the coastline of China, once we determine where the financial center is, no one can sabotage the rights and fortune there.
The United States has never given Hong Kong any special benefits. In the past, Hong Kong’s function as a financial center also lies in its ingenious release of the unique advantages of backing to the mainland and being the best communicator between China and the West. If the United States insists on “decoupling” from China, it will never particularly grudge Hong Kong.
Stirring up chaos in Hong Kong is the beginning of US poisoning the city.
Before the existence of National Security Law, evil forces tried to impact the relationship between Hong Kong and the Mainland. After the National Security Law is passed, the United States “turned its face against” Hong Kong. The deterioration of Sino-US relations will be reflected here in Hong Kong anyway. Hong Kong must change its ways and enrich its own way of maintaining prosperity.
The US is not the whole world and not even the whole western world. As long as Hong Kong stabilizes again, with the help of the country and its high degree of autonomy, its development will only be better the past. Look at Shanghai and Shenzhen and their great achievement. From the inside of the country, Hong Kong has the same starting line and from outside of the country, it has a more open sources. Therefore, there is no reason why it would fall on the way to its prosperity simply because of America making things hard for it. The US does not possess such a great power.
Just let Washington yell and scream, its sanction is just as bluffing as shaking foam out of half of a glass of bear. We are glad to see that a large number of organizations and institutes in Hong Kong together with business leaders are supporting the National Security Law vocally yet those aggressive protestors are far less serious than someone has boasted. Internationally, Washington’s response is far from the scale it hopes to achieve. All of this tell us that the national security legislation concerning Hong Kong has actually taken a very proactive first step.
Hong Kong ’s high degree of autonomy requires the protection of the National Security Law. Washington simply has no the power to define what Hong Kong ’s high degree of autonomy is. The US has made a rash judgment on its role before the National Security Law in the Port Area has been worked out. What has been exposed is that Washington wants to make the “Hong Kong Battle” a big round of the game against China. Well then, the Chinese are waiting for you to move.