Over the five years since Xi was elected general secretary of the CPC Central Committee at the 18th Party National Congress in November 2012, much has been achieved in economic development, social progress and diplomacy.
This year marks the 40th anniversary of China's reform and opening-up policy. On the occasion of the Boao forum, President Xi is expected to unveil a set of major new measures on reform and opening-up, according to Chinese Foreign Minister Wang Yi. It demonstrates that, despite rising anti-globalization sentiment around the world, China remains a staunch supporter and champion of globalization and a fairer world order.
Behind these accomplishments have been the wisdom and leadership capabilities demonstrated by Xi, and his skills as a statesman.
Ming Zhimei, CEO and executive director of GLP, said the partnership will help GLP to cement its layout in air logistics operations. The two companies also will cooperate in fields such as the infrastructure development of air logistics, supply chain finance, and the ecological chain of air logistics.
In particular, Washington's protectionist pivot is not only worrying, but damaging as well. Over the past year or so, it has tried to bully its trading partners into making concessions by wielding the big stick of punitive tariffs. What's more, the so-called "America First" doctrine touted by US President Donald Trump in Davos in January poses a serious challenge to the rules-based multilateral trading system once established by Washington itself.
John Bellamy Foster, a professor of sociology at the University of Oregon, quotes the Asian Development Bank in his book "The Endless Crisis: How Monopoly-Finance Capital Produces Stagnation and Upheaval from the USA to China." He wrote, "Chinese workers that assemble iPhones for Foxconn, which subcontracts for Apple (in China), are paid wages that only represent 3.6 percent of the final total manufacturing cost (shipping price), contributing to Apple's huge 64 percent gross profit margin over manufacturing cost on iPhones."