The rapid development also comes with a downside. Civil aviation has occasionally been interrupted by unmanned aircraft. Last year, the administration reported 19 illegal drone flights around Chinese airports in May, which affected 326 commercial flights.
China will continue to pursue stable economic growth this year, setting its GDP growth target at around 6.5 percent and reducing its fiscal deficit ratio target to 2.6 percent, according to the annual Government Work Report to be delivered by Premier Li Keqiang on Monday morning.
Strong support from his family is also an important motivator, he said, adding: "My daughter bought the required uniform for me. I hope my family members can see the change this has brought about in me."
The author is former chief economist, Asia and Hong Kong Bureau chief of the Economist Intelligence Unit and senior economist in the OECD’s Investment Division, where he worked with China to improve its policies toward investment.
The stage therefore seems set for further exchanges of negative trade measures. There is no question that a sustained China-US trade war would cause huge damage to the world economy. As a result, stock markets, led by those on the New York Stock Exchange, have fallen from their recent peaks. There is no doubt that an escalation of these exchanges between the two largest economies in the world would hurt everybody, starting with the two countries themselves.
"It is my compelling obligation to do a good job as president of Westlake University. I'm prepared to spare no efforts to make it an institution of national pride on the global higher education stage," Shi said.