Brussels announced it was updating its strategy in dealing with Beijing, a partner which it says is rapidly increasing its international influence and should be more closely engaged. The High Representative of the Union for Foreign Affairs and Security Policy and the European Commission issued a Joint Communication on Wednesday entitled "Elements for a new EU strategy on China", which maps out the European Union's relationship with China for the next five years. The EU should pursue an ambitious agenda of co-operation with China. "China's needs are as great as ours and failure to cooperate also brings adverse consequences for China," the paper was cited as saying. Brussels announced the changes prior to the forthcoming summit in Beijing in the first half of July and European Commission said the elements in the paper can be used to prepare the summit. The European Commission's last Communication on China was adopted a decade ago in 2006. Brussels says the EU and China have both undergone considerable changes since then and China has a stronger presence in all regions of the world, economically and politically. "This new reality calls for a fresh EU narrative that recognize the need to deal with these new developments. The EU's new strategy therefore sets out to promote EU interests and underline EU values in its relationship with China for the next five years," the paper was cited as saying. Federica Mogherini, the High Representative and Vice-President of European Commission said: "The European Union and China already cooperate on so much...and the Joint Communication that we have adopted today will, I am sure, enable our relationship to fulfill its clear potential." She said China and the EU have worked together on the global and political issues of the times, such as Iran, Syria, Afghanistan, migration and climate change. "But we can and must do more to connect the European Union and China. Our citizens, industries, and organizations can all benefit from a closer, improved, and better-defined EU-China relationship based on shared responsibility," she added. The Joint Communication identifies major opportunities for the EU's relationship with China, in particular the aim of creating jobs and growth in Europe as well as vigorously promoting a greater opening up of the Chinese market to European business, thus contributing to the first priority of President Jean-Claude Juncker's Commission. According to the paper, broader ambitions such as a deep and comprehensive Free Trade Agreement can be considered once an ambitious investment agreement between the two sides has been concluded and reforms that level the playing field for domestic and foreign companies have been implemented. The Joint Communication also highlights opportunities for closer cooperation and partnership between the EU and China in the fields of foreign and security policy. "Building on the positive experience of the Iran nuclear talks, the European Union and China should work more ...
Read MoreOAKLAND - LeBron James powered the Cleveland Cavaliers to a 93-89 victory over the Golden State Warriors on Sunday in an electrifying Game Seven to complete an improbable comeback unlike any seen before and capture their first NBA championship. With the victory over the top-seeded Warriors, who beat Cleveland in last year's championship, the Cavaliers became the first team to rally from a 3-1 series deficit in the best-of-seven NBA Finals and win the title. "I've had goal for two years since I came back to bring a championship to the city," said an emotional James, who returned to the Cavaliers in 2014 after a four-year stint with Miami that included a pair of NBA championships. "I gave it everything that I had. I poured my heart, my blood, my sweat and my tears into this game." James led Cleveland in the championship-clinching with a triple-double as he scored 27 points to go along with 11 rebounds and 11 assists en route to being named the Most Valuable Player of the NBA Finals. The win ends decades of heartbreak for the city of Cleveland, which had not won a professional sports championship since the 1964 Cleveland Browns of the National Football League. about Us: Company:Meifeng Factory Supply portable wardrobe,metal hanger,shoe rack and other home furniture products. E-mail:factorymf@fjmf888.com
Read MoreTop diplomats from China and the 10 ASEAN countries agreed on Tuesday that the South China Sea issue should be handled properly, reaffirming the need to "jointly ensure peace and stability" in the area. The 11 countries also called for "maritime practical cooperation" and for early completion of the Code of Conduct in the South China Sea. The China-ASEAN Special Foreign Ministers Meeting in Yuxi, Yunnan province, was the first of its kind in three years. Briefing reporters after the meeting, Foreign Minister Wang Yi said the region "should not become another place of turbulence" as the world has already witnessed considerable chaos. Wang said the closed-door meeting, which was first proposed by members of the Association of Southeast Asian Nations, was timely, significant and involved strategic communication. He added that it had achieved its expected goals. China is committed to future meetings to build trust and dispel misunderstandings, he added. On the sidelines of the convention, Wang embarked on a whirlwind series of meetings with his counterparts from ASEAN countries. Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh told Wang on Monday that his country is ready to tackle maritime differences properly based on the consensus of the party leaders of China and Vietnam. about Us: Company:Meifeng Factory Supply portable wardrobe,metal hanger,shoe rack and other home furniture products. E-mail:factorymf@fjmf888.com
Read MoreBeijing officially launched an Olympic tower on the former site of the 2008 Summer Games on June 12, made it the second city to hang the five-ring Olympic icon on top permanently succeeded to Montreal, Canada. As an exclusive symbol of the International Olympic Committee (IOC), the five-ring icon is only authorized to host cities during the Olympics. Thomas Bach, president of the IOC climbed to the tower during the World Championship in Beijing last year and confirmed a permanently installation of the five-ring icon. The IOC endorsed the new tower and named it the "Beijing Olympic Tower" in January. The five-ring icon on top of the tower is consisted of mechanical structure, motor driven and electric control systems and is capable of resisting a force twelve wind, eight degrees of tilt angle and a magnitude nine earthquake. The lightening protection measures will effectively reduce the destructive impact brought by thunderstorm. Consisted of five independent towers with heights from 186 to 246.8 meters, the tower encompasses a total of 18,687 square meters. The tower will open to the public with functions such as city landmark, sight spot, culture display, environment and major event monitor. Besides displaying collections of the Palace Museum, the tower will also show cultural films of the Palace Museum through its digital theater. The tower's LED lightening, with 144,000 indicators, will present different night scenes and shine the night of Beijing. Beijing and co-host city Zhangjiakou in Hebei province won the bid last July to host the Winter Games and Paralympic Games in three venue clusters in downtown Beijing, northwestern Yanqing district and Zhangjiakou, and Beijing has made good on its commitment to embrace the Olympic spirit and host future Games in a sustainable way by erecting an Olympic tower. about Us: Company:Meifeng Factory Supply portable wardrobe,metal hanger,shoe rack and other home furniture products. E-mail:factorymf@fjmf888.com
Read MoreAs the Dragon Boat Festival, also known as Duanwu, draws near, people start to commemorate the death of ancient Chinese poet Qu Yuan by eating zong zi (glutinous rice dumplings) and racing dragon boats among other colorful customs. The traditional festival is celebrated on the fifth of May in the lunar calendar. This year it falls on June 9. It could be traced back to 2000 years ago when Qu Yuan, an honest minister, was said to have committed suicide by drowning himself in a river. International students learn to wrap zongzi, or glutinous rice dumplings, using bamboo leaves at Siping county in Jinhua city, Zhejiang province on May 28, 2016. Eating Zongzi has become a custom during the Dragon Boat Festival, symbolizing the rice offerings to Qu Yuan. about Us: Company:Meifeng Factory Supply portable wardrobe,metal hanger,shoe rack and other home furniture products. E-mail:factorymf@fjmf888.com
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Read MoreGerman software company SAP SE is seeing big growth opportunities from China's e-commerce boom and its partnership with Alibaba Group Holding Ltd, said Mark Gibbs, presidentof the software giant's Greater China region, on Tuesday. Gibbs' comments came after SAP Greater China delivered a strong financial performance in thefirst quarter of 2016, defying the country's economic slowdown. As China beefs up efforts to upgrade its traditional industries with cutting-edge informationtechnology and tech-savvy manufacturing, SAP will see more robust growth here, Gibbs said. SAP partnered with Alibaba Cloud last month to help local businesses accelerate digitaltransformation. The two sides are working on HANA one, a lighter version of HANA, which isSAP's in-memory computing platform, and aims to create a one-stop-shop cloud-computingenvironment. "Instead of coming out with fancy statements, the tie with Alibaba Cloud is a long-timepartnership, and will be the next big growth engine for SAP," Gibbs said, adding the twocompanies will soon unveil a next-generation cloud-computing platform. In the first quarter of 2016, SAP's China branch recorded double-digit growth in its softwarerevenue and triple-digit growth in its cloud business. First-quarter operating profit for the company, headquartered in Walldorf, Germany, jumped 5percent from previous year to 1.104 million euros ($1.23 million) mostly due to a steady growth insales of its enterprise software, which helps manage business operations and customerrelations, and its cloud computing-related services. In China, more than 75 percent of the company's customers are small and medium-sizedenterprises, while more than 50 percent of China's leading State-owned firms are also using thecompany's service. "A lot o...
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