The United States was ranked the most innovative country among business leaders, but it has continued to trend downward since 2014, the report said.
But that's just money matters. Western powers' dominance of global institutions has brought them even greater payoffs. Following the end of World War II, the United States, along with its allies, has been leading the World Bank and the International Monetary Fund, the pillars of the global financial system. Indeed, the post-war world order is seen by many as an age of "Pax Americana."
Then on the New Year's Day, Japanese Internal Affairs and Communications Minister Yoshitaka Shindo paid, what was probably, his fourth visit to the shrine in the past year.
Efforts should be made to strengthen and improve the real economy, Xi said as he joined a panel discussion with the deputies from Inner Mongolia Autonomous Region at the first session of the 13th National People's Congress, China's national legislature.
Local governments should build on their strengths and tap their potential to develop more emerging, high-end, high-value-added and capital-and-technology-intensive industries, putting in place a multi-dimension and multi-pillar modern industrial mix, Xi pointed out.
Xi made the remarks after he conferred an Armed Police flag on General Wang Ning, commander of the Armed Police, and General Zhu Shengling, political commissar of the force, at a ceremony on Wednesday morning at the Central Military Commission headquarters in Beijing.
He also expected further progress in the supply-side structural reform on basis of sound achievements in tasks like capacity reduction. Industries including plate glass, cement and electrolytic aluminum will be target of the country's next stage of capacity cuts.
The public oath of allegiance to the Constitution made by Xi and the other elected State leaders－a ceremony held for the first time in history－reinforced the leadership's dedication to fulfilling their duties for the good of the Party, the country and the people.