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As an international company with integrated global value chains, minimizing trade barriers and tariffs is essential to BASF operations. The company benefits - as do customers - from free trade as any kind of duty represents an indirect tax. We are therefore concerned about the recent US announcements, and the response of several of US trading partners, including China, to impose import tariffs on a wide range of products that could affect the chemical industry and its numerous customer industries, including the automotive industry.

As early as January, the 22-year-old had found a job and signed an employment contract with a company in Quanzhou, Fujian province - nearly six months before he graduated from Wuhan University of Technology, where he majored in marine navigation.

As a key aspect of the "Made in China 2025" manufacturing upgrade, China is expanding its pool of skilled workers. On Thursday a guideline was issued on incentivizing skilled workers through their political status, incomes and social benefits.

As Xi set a higher goal for about 30 years from now, the country's modernization drive is picking up speed.

As a new business model, sharing economy is of great market value and potential, for it combines "platform" and "service" together, said Pan Helin, executive director of the Institute for Digital Economics at Zhongnan University of Economics and Law. "On the other hand, the sharing economy can effectively improve the utilization efficiency of idle resources, and attracts investment of market-oriented enterprises."