WTO holds ninth review of China_s trade policy

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Geneva, July 17 (Reporter Chen Binjie) The ninth World Trade Organization review of China’s trade policy held its first day meeting in Geneva, Switzerland on the 17th.

The review lasted for two days. Vice Minister of Commerce Li Fei led a Chinese delegation to attend the review meeting. Li Fei said in his speech that the WTO is an important pillar of multilateralism and an important stage for global economic governance. China adheres to the path of Chinese-style modernization and promotes high-quality development. Since the last review in October 2021, China has actively practiced true multilateralism, continued to play an important role in global development, and brought more opportunities to the world through its ultra-large market. China strengthens South-South cooperation, implements global development initiatives, and supports developing members in accelerating development.

Li Fei emphasized that China will firmly deepen high-level opening up to the outside world, further reduce import tariffs, improve the level of trade facilitation, continue to expand the opening up of service sectors, and relax market access for foreign investment; China will continue to promote deep-seated reforms and give full play to the market’s role in resource allocation. Decisive role, promote a better combination of effective markets and promising governments, and promote innovative, green, digital and inclusive development.

Li Fei pointed out that China has fully and deeply participated in the WTO reform negotiations, promoted the WTO to better respond to global challenges, supported the inclusive development of the multilateral trading system, and helped developing members better integrate into global value chains.

Representatives of WTO members spoke highly of China’s positive contribution to promoting global economic growth and maintaining the multilateral trading system, and appreciated China’s policy measures to deepen domestic reforms and further expand opening up. Developing members highly appreciate China’s practical actions to support it, especially in supporting the least developed members in accelerating development and further integrating into the multilateral trading system.

Member representatives pointed out that China’s economy has shown strong resilience under multiple external challenges, growing by 52% in 2023, and is the most important driving force for global economic recovery after the COVID-19 epidemic. China is the most important trading partner of many members. In recent years, China has continued to promote trade and investment liberalization and facilitation by reducing tariffs, optimizing customs clearance procedures, and issuing negative lists.

Member representatives highly recognized that China continues to promote market-oriented reforms, promotes green economic transformation and development by strengthening technological innovation and other means, and makes outstanding contributions to global low-carbon and green development and addressing climate change.

Member representatives stated that China is an important and responsible member of the WTO and has made significant contributions to promoting discussions on topics such as investment facilitation, e-commerce negotiations, domestic regulation of trade in services, prevention and control of plastic pollution, and fishery subsidies, supporting the reform of the dispute settlement mechanism and promoting the restoration of the Appellate Body.

Trade policy review is one of the three core functions of the WTO and an important mechanism for WTO members to understand each other’s economic and trade policies. Before the meeting, China received more than 1000 written questions from 44 members and provided answers to all questions on time in accordance with the rules.

Report shows that the number of Chinese companies invested in Germany reached a new high last year

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Berlin, May 14 (Reporter Che Yunlong) The “2023 Report on Foreign Enterprises ‘Investment in Germany” released by the German Federal Agency for Foreign Trade and Investment on the 14th shows that Chinese companies’ interest in German investment has increased significantly. Last year, the number of investment projects in Germany reached a new high since 2017, an increase of nearly 42% over the previous year.

The report shows that a total of 1759 foreign investment projects settled in Germany last year, roughly the same as in 2022. Among them, the number of Chinese investment projects in Germany is 200, ranking third, after the United States and Switzerland.

The report said that Chinese companies ‘investment in renewable energy increased significantly last year, and the number of projects was about three times that of 2022, accounting for about one-fifth of the total number of projects. Other major investment areas include machinery manufacturing and electronics.

Thomas Boyan, author of the report and an expert at the German Federal Agency for Foreign Trade and Investment, said that China has been one of Germany’s most important sources of foreign investment for many years and has a wide range of investment industries in Germany.

The German Federal Agency for Foreign Trade and Investment is the German government’s agency responsible for foreign trade and inward investment, providing advice and support to foreign countries entering the German market. The agency publishes a report on foreign companies ‘investment in Germany every year. All the counted projects are greenfield investment or expansion projects, and mergers and acquisitions are not included in the statistical scope.

China will continue to make unremitting efforts to resolve the Ukraine crisis politically

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United Nations, May 14 (Reporter Wang Jiangang) Chinese Deputy Permanent Representative to the United Nations Geng Shuang said on the 14th that China will continue to uphold an objective and fair stance, maintain communication with relevant parties, and make unremitting efforts to resolve the Ukraine crisis politically.

Geng Shuang said when the Security Council reviewed the Ukraine issue that the crisis in Ukraine is still ongoing. Recently, ground conflicts have intensified, and vicious attacks causing serious casualties and humanitarian impact occur from time to time. China is deeply concerned about this. In response to the protracted war in Ukraine and the increasingly severe humanitarian situation, China has repeatedly called on all parties to the conflict to exercise rational restraint, strictly abide by international humanitarian law, and avoid attacking civilians and civilian infrastructure.

Geng Shuang said that China plays a constructive role in promoting the political resolution of the crisis and puts forward four imperatives for the political settlement of the Ukraine crisis, that is, the sovereignty and territorial integrity of all countries should be respected, the purposes and principles of the United Nations Charter should be observed, and the legitimate security concerns of all countries should be taken seriously, and all efforts conducive to the peaceful resolution of the crisis should be supported.

Geng Shuang said that history has repeatedly proved that any conflict can only be resolved through negotiations, and military means cannot bring lasting peace, and the Ukraine crisis is no exception. China calls on the parties to the conflict to resume dialogue and contact as soon as possible, jointly promote the cooling of the situation, and calls on the international community to create conditions for a ceasefire and cessation of war as soon as possible.

Putin_ Russia considers establishing buffer zones to ensure security in border areas

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According to a report by the Tass news agency on March 18, Russian President Vladimir Putin delivered a speech at his campaign headquarters on the 18th, saying that considering the Ukraine army’s attack on Belgorod Oblast, Russia may establish an epidemic prevention zone in the adjacent areas of the state in the future (buffer zone to ensure Russia’s security).

The report said that regarding the proposal to incorporate Kharkiv Region into Russia to eliminate Ukraine’s attacks on the Russian border, Putin said: I am not ready to talk about when and how we should take measures to incorporate the land. But given the tragic events that have occurred today, I do not rule out that at some point, when we see fit, we will be forced to establish a specific epidemic prevention area on the territory that today is under the Kiev regime.

Putin said: (We want to) create a safe zone that makes it difficult for enemy weapons, of course mainly foreign-made weapons.

The report said that Putin did not specify how deep the epidemic prevention area was. He said: This is a separate issue. (Compiled by Zheng Yu)

US media_ Musk wants to donate _staggering_ huge sum to support Trump

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According to a report by the Wall Street Journal on July 15, people familiar with the matter revealed that business tycoon Elon Musk said he plans to donate about $45 million a month to a new super political action committee that supports former President Trump.

Reported that other supporters of the newly established U.S. Political Action Committee include Palantil technology co-founder Joe Lonsdale, the Winkleworth brothers, former U.S. ambassador to Canada Kelly Craft and her husband Joe Craft.

According to a person familiar with the matter, the political action committee, established in June, is mainly responsible for registering voters, persuading voters to vote as soon as possible, and requiring ballots to be mailed in swing states.

Musk is currently the richest man in the world, with an estimated wealth of more than US$250 billion. But the amount of donations he said was also staggering.

According to reports, the largest known campaign donation in 2024 to date is $50 million, donated by the great-grandson of banker Thomas Mellon to support one of Trump’s super political action committees.

According to documents submitted on the 15th, as of June 30, the U.S. Political Action Committee received a total of US$8.75 million in donations. A person familiar with the matter said Musk said he plans to start donating in July.

The report also said that Musk officially expressed support for Trump shortly after the shooting. He posted on social platform X: The last time a presidential candidate encountered such a severe test was Theodore Roosevelt. (Compiled by Pan Xiaoyan)

Israeli army says operation Shifa hospital will not end until all Palestinian militants are captured

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Jerusalem, March 23 (Reporters Wang Zhuolun and Lu Yingxu) The Israel Defense Forces issued a situation report on the 23rd, saying that only when all Palestinian militants at Shifa Hospital in Gaza City are captured will the Israeli army end its military operations in the Gaza Strip, the largest hospital.

The report quoted Finkelman, commander of the Israel Defense Forces ‘Southern Military Region, as saying that the Israeli army’s operation at Shifa Hospital is important and complex. The Israeli army is continuing this operation until the last Palestinian militant falls into the Israeli army’s hands, whether alive or dead. The Israeli army’s operation at Shifa Hospital will not end.

Earlier in the day, the Israeli army issued a situation report saying that the Israeli army had killed more than 170 Palestinian militants and arrested more than 800 suspects during its operation at Shifa Hospital. The Israeli army found weapons and facilities of Palestinian armed groups in the hospital. The sick and wounded in Shifa Hospital have been evacuated to designated compounds, and the Israeli army has also assisted trucks carrying medical equipment, food and water into the hospital.

Palestinian official news agency Wafa quoted Gaza medical sources as saying on the 23rd that Shifa Hospital was in harsh conditions and lacked water, food and medical services. Five Palestinian patients died that day. The Israeli army arrested about 240 patients and their caregivers, as well as 10 medical staff inside the hospital complex.

On the 18th of this month, Israeli troops invaded Shifa Hospital and issued a statement saying that intelligence showed that Palestinian Islamic Resistance Movement (Hamas) militants had recently entered Shifa Hospital and used the hospital as a command center. The Israeli army took military action against Shifa Hospital in November last year and claimed that Hamas ‘combat command center and military equipment were found in the hospital. The Gaza Strip health department denied this.

Ministry of Foreign Affairs_ The international community is more optimistic about China_s economic and social development potential

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Beijing, 12 Mar (Reporter Ma Zhuoyan, Cheng Xin) Foreign Ministry spokesman Wang Wenbin said on the 12th that through this year’s two sessions, the international community has seen a China that is moving forward steadily, pioneering and innovative, open and confident, and cohesive. We are more optimistic about the great potential of China’s economic and social development, and expect that China’s high-quality development will bring more opportunities to the world.

At the regular press conference on that day, a reporter asked: over the past week or so, international public opinion has continued to focus on the two national sessions. A number of foreign media quoted the analysis of international institutions and experts as saying that the two sessions sent a positive signal that China’s economy is picking up. Does the spokesman have any comment on this?

Wang Wenbin said: the annual NPC and CPPCC sessions are not only a major event in China’s political life, but also an important window for the international community to observe the direction of China’s major policies. Whether it is the expected target of GDP growth of about 5% put forward in this year’s government work report, or the key words such as high-quality productivity, high-quality development, high level of opening to the outside world, and so on, have aroused heated discussion in the international media. Through the two sessions of the National people’s Congress this year, the international community has seen a China that is moving forward steadily, pioneering and innovative, open and confident, and cohesive, and is more optimistic about the great potential of China’s economic and social development. It is expected that China’s high-quality development will bring more opportunities to the world.

Wang Wenbin said that the government work report puts forward a growth target of about 5%, which shows that China’s economy is resilient, has great potential and is full of vitality. This goal is not only higher than the previous IMF and World Bank forecasts for China’s economic growth this year, but also far higher than the IMF’s growth forecasts for the United States and Europe. International media commented that at a time when the world economy is full of uncertainty, China’s economic growth target of about 5% is ambitious. Since the beginning of the year, China’s economy has continued to accumulate factors for the better. During the Spring Festival holiday this year, there were 229.3 billion cross-district domain name flows in China, and domestic tourists spent a total of 63.2687 trillion yuan, an increase of 77 percent over the same period in 2019. In the first two months of this year, China’s imports and exports of goods totaled 661 trillion yuan, an increase of 87 percent over the same period last year. China’s economy continues to pick up and is expected to get off to a good start in the first quarter.

He said that the important exposition of new quality productive forces has guided China’s economy toward a new direction. When participating in the deliberations of the Jiangsu delegation, General Secretary stressed the need to firmly grasp the primary task of high-quality development and develop new-quality productive forces in line with local conditions. This year’s government work report also proposed for the first time to vigorously promote the construction of a modern industrial system and speed up the development of new-quality productive forces. Last year, China’s new exports of electric vehicles, lithium batteries and photovoltaic products exceeded trillion yuan, an increase of nearly 30 percent over the same period last year; the development of the digital economy was accelerated, and the penetration rate of 5G users exceeded 50 percent. The number of international patent applications submitted by Chinese applicants through the Patent Cooperation Treaty ranked first in the world for four consecutive years. New quality productivity has been formed in practice and has shown a strong driving force and supporting force for high-quality development.

Wang Wenbin said: the new measure of opening up to the outside world at a high level shows China’s determination to share opportunities with the world. The government work report proposes to open wider to the outside world at a high level and promote mutual benefit and win-win results. China will take the initiative to dovetail with high-standard international economic and trade rules, steadily expand institutional opening up, promote a stable increase in the quality and quantity of foreign trade, step up efforts to attract foreign investment, promote high-quality co-construction, Belt and Road Initiative, and deepen multilateral, bilateral and regional economic cooperation. In January this year, 4588 new foreign-invested enterprises were established in China, an increase of 744 per cent over the same period last year. According to the latest survey of the German Chamber of Commerce in China, 91% of German enterprises will continue to take root in the Chinese market. The American Chamber of Commerce in South China reported that 76% of the companies surveyed planned to reinvest in China this year. More and more multinational companies realize that to invest in China is to invest in the future.

The blueprint has been drawn and the trumpet has been sounded. We have the confidence, conditions and ability to achieve the goals and tasks of economic and social development for the whole year. Wang Wenbin said: China’s economy is getting bigger and bigger, its muscles and bones are getting stronger and stronger, and it will certainly ride out the storm and look forward to the future.

Armed conflict in southern Mexico kills 11 people_ prosecutors open investigation

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Mexico City, May 14 (Reporter H Wu Hao) Prosecutors in the southern Mexican state of Chiapas issued an announcement on social media platforms on the 14th that an armed conflict occurred in the city of Chico Musello that day, killing at least 11 people.

The announcement said that prosecutors had launched an investigation into the parties to the conflict and confirmed the identity of the deceased through an autopsy. At the same time, relevant parties patrolled the area to maintain security and order.

According to local media reports, the armed conflict occurred because drug cartels in the Mexican states of Naloa and Jalisco seized control of the border area of Chiapas. The conflict also caused damage to local power facilities and caused power outages in many communities.

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Special physical properties of industrial pure iron

  Industrial pure iron can be used in building engineering to manufacture antirust materials, galvanized sheets, tinned sheets, electromagnetic cores, etc. Some industrial pure iron also contains copper (0.25% ~ 0.30%) to increase corrosion resistance. Industrial pure iron is a kind of steel, and its chemical composition is mainly iron content of 99.50%-99.90%, carbon content below 0.04%, and the less other elements, the better.pass Armco Iron As can be seen from its market performance, it has strong vitality and strong appeal. https://www.slhpureiron.net

  

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  Industrial pure iron

  

  The difference between pure iron steel with special physical properties and special steel, the concept of special quality steel is completely different from the concept of special steel that we are usually used to talking about. Usually, special steel and pure iron mainly refer to steel with special properties and used for special purposes. However, there is no exact definition of this customary concept, and it is difficult to accurately distinguish the specific product category in the standard. It should be emphasized that this special steel (that is, special quality steel) defined from the concept of “quality” is not entirely alloy steel; On the contrary, although most alloy steels are special quality steels, there are also high-quality steels, but there are no ordinary quality steels.

  

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WWW.SLHPUREIRON.COM

SLH Pure Iron

SHANXI SHENG LONG HUA MAGNETIC MATERIAL CO.,LTD

Email: sales@slhpureiron.com

WhatsApp: +86 13410953850

WeChat: SLHPUREIRON