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US urged to Pacts, statement shore up Kyrgyz ties remove bans Xi, Jeenbekov on Chinese endorse fruitful progress made companies via bilateral efforts By JING SHUIYU By AN BAIJIE in Bishkek, Kyrgyzstan and REN XIAOJIN [email protected] The Ministry of Commerce on China and Kyrgyzstan signed a Thursday urged the United States to number of cooperation documents immediately cease its wrong practic­ covering such areas as infrastruc­ es and rescind unilateral sanctions ture, investment, law enforcement against Chinese companies. and trade during President Xi Jin­ China will take all necessary ping’s state visit to the Central Asian measures to safeguard the legiti­ country on Thursday. mate rights and interests of its The signing ceremony was wit­ enterprises, ministry spokesman nessed by Xi and Kyrgyz President Gao Feng said at a news confer­ Sooronbay Jeenbekov in Bishkek, the ence. capital. The two leaders also signed a The ministry will soon release joint statement to further deepen the details about an “unreliable enti­ comprehensive strategic partnership ties” list — a blacklist of foreign par­ between the two countries. ties that, for noncommercial The two presidents spoke highly reasons, harm the interests of Chi­ of the cooperation outcomes in all nese companies, Gao said. areas between the two countries, Inside China and the US, and agreed to promote the China­ the world’s two largest Kyrgyzstan comprehensive strategic economies, reached an Comment, partnership to a higher level. page 13, 14 impasse in negotia­ Since the establishment of diplo­ tions over trade issues. matic relations 27 years ago, bilater­ China has repeatedly spoken al ties have stood the test of against Washington’s unilateral and international situations and devel­ protectionist moves, and vowed to oped with a big leap, Xi said. take countermeasures. Xi appreciated Jeenbekov’s friend­ The National Development and ly stance on Kyrgyzstan’s developing Reform Commission, the country’s its relationship with China. President Xi Jinping and Kyrgyz President Sooronbay Jeenbekov sign a joint statement to further deepen the bilateral comprehensive top economic planner, is preparing China will continue to support strategic partnership after their talks in Bishkek, the Kyrgyz capital, on Thursday. WANG ZHUANGFEI / CHINA DAILY to set up a national technological Kyrgyzstan to practice the develop­ security management list to miti­ ment path it chooses and supports path of China­Kyrgyzstan common ation projects, Xi said. China would fight against the three evil forces of friend and partner of China, he said. gate risks to national security, earli­ the Kyrgyz government’s domestic development will widen, he added. also like to increase imports of green terrorism, separatism and extrem­ Kyrgyzstan firmly upholds the er reports stated. and foreign policies to safeguard its Xi pointed out that jointly build­ and premium agricultural products ism, as well as cross­border orga­ one­China policy, and the ethnic Gao said it is an international national independence, sovereignty ing the Belt and Road has become a from Kyrgyzstan, he added. nized crime and drug trafficking. affairs in China are the country’s practice for countries to protect and security, he said. main focus for China­Kyrgyzstan Xi reaffirmed China’s commit­ Xi said that China supports Kyr­ domestic affairs, he said, adding their own technologies through the China would like to work with cooperation. ment to supporting the economic gyzstan in its hosting of the SCO Bish­ that Kyrgyzstan supports China’s legal system. Kyrgyzstan to develop the tradition­ The two countries should promote and social development of Kyrgyz­ kek Summit, and China encourages measures on ethnic affairs. In the first five months, invest­ al friendship, deepen mutual benefi­ the further connection of their devel­ stan, saying that China will make all sides to reach more consensuses. Kyrgyzstan would like to connect ment from the US in China climbed cial cooperation and bring more opment strategies, tap new potential joint efforts with Kyrgyzstan to carry Saying that he has met with Xi its development strategies with the 7.5 percent year­on­year, the Minis­ benefits to the people of both for cooperation and explore new out such projects as clean drinking three times in a little over a Belt and Road Initiative and try of Commerce said. Overall, Chi­ nations, Xi said. As long as the two space for cooperation, he said. water, roads and hospitals to 12­month period, Jeenbekov empha­ enhance cooperation in such areas na’s foreign direct investment countries continue to enhance The two countries should expand improve people’s livelihoods. sized that this reflected the high lev­ as trade, investment, energy, agri­ increased 6.8 percent year­on­year mutual support and promote coop­ cooperation in economic and trade Xi called on the two countries to el of bilateral relations. Kyrgyzstan culture, infrastructure and local­ to 369.06 billion yuan ($53.35 bil­ eration in all areas, the prosperous areas and implement major cooper­ upgrade security cooperation and will always be a good neighbor, level exchanges, he said. lion) during the period. Trade volume between China and US declined 9.6 percent to 1.42 tril­ lion yuan between January and New board STRICKEN VILLAGERS May. Gao said that five consecutive months of shrinking trade showed TELL OF FLOOD ORDEALS that the competitive advantage of inaugurated US products has declined and com­ ◆ panies’ normal business has been disrupted. to introduce Deaths, landslides reported Zhang Ming, China’s ambassador as waters inundate homes to the European Union, said the US government has been wielding the more reform By LI WENFANG in Heyuan, stick of tariffs in many markets, Guangdong, ZHANG LI in Nanning including the EU. By SHI JING in Shanghai and WANG JIAN in Ji’an, Jiangxi China and the EU should work [email protected] together to foster a more stable and iu Zhongrong held high predictable business environment, China inaugurated its Nasdaq­ a bag of food and can­ Zhang said at a luncheon on Tues­ like STAR Market at the Shanghai dles as he mad his way floodwaters reached the doors of day hosted by EU­China Business Stock Exchange on Thursday, kick­ through neck­high their pickup truck. At that point, Association. ing off the country’s much­antici­ Vice­Premier Liu He (second left), Shanghai’s Party Secretary Li Q muddy water on a nar­ Qiu continued his journey on foot. Bai Chongen, dean of Tsinghua pated capital market reform. Qiang (second right), China Securities Regulatory Commission Chair­ row road leading to his flooded Qiu reached home shortly after University’s School of Economics Yi Huiman, chairman of the China man Yi Huiman (left) and Shanghai Mayor Ying Yong jointly launch home. 11 am only to see floodwaters near­ and Management, said: “The Chi­ Securities Regulatory Commission, the STAR Market in Shanghai on Thursday. CHE LIANG / FOR CHINA DAILY “I knew the way very well, so I ly 2­meters high in the first floor of nese economy has a huge potential, presided over the launch ceremony could step on the more solid areas his three­story house. With the and as long as we keep reforming, of the STAR Market — also known as of ground. Otherwise, I would door unable to be opened due to we will not be defeated. In the the science and technology innova­ of which have begun the registra­ ment through innovation. have drowned. And I’m 1.75 meters the waters inside, he entered his meantime, we need to keep the door tion board — at the Lujiazui Forum, tion process and are awaiting final Huang Hongyuan, chairman of tall,” he said. home through a window. His par­ open to protect multilateralism.” which is being held in Shanghai on approval from the commission. the Shanghai exchange, said that Qiu said that on Monday morn­ ents and niece were still inside. Bai suggested that the market in Thursday and Friday. Yi said the launch of the STAR the first companies will start trad­ ing, water from rivers that burst “I was really worried. My father Europe — notably the United King­ President Xi Jinping announced Market and the experimental regis­ ing on the STAR Market within two their banks caused sudden flood­ is in his 70s, my mother is 57 and dom, France and Germany — was in November that the new board tration system are evidence of the months. ing to his home in Shipi village, my niece is just 2,” he said. worthy of pursuing. would be launched at the Shanghai deepening reform and opening­up of Shangping township, Heyuan, Qiu’s mother had only managed “The core conflict is that between Stock Exchange with a pilot regis­ China’s capital markets. It will help to See Market, page 4 Guangdong province. to grab one can of baby milk power unilateralism and multilateralism,” tration system. advance the supply­side reform of He was in Heyuan when he before she escaped to the second he said. “China could turn such a sit­ As of Thursday, the exchange had China’s financial sector, promote Inside heard from his sister, who lives in floor, which was not furnished. uation into a good one if it handles received applications to list on the deeper integration of technology and another village, just how serious “They were desperate,” Qiu said. the conflict right, as China can make new board from 123 companies, six capital and spur economic develop­ Editorial, page 13 the flooding was. His brother­in­ friends with more countries around law tried to drive him home until See Weather, page 2 the world. This sentiment is shared between those countries and Chi­ na.” Officers acted lawfully, appropriately: Lo Ju Jiandong, an economics pro­ INSIDE fessor at Tsinghua University, point­ By KATHY ZHANG in Hong Kong “unnecessary and excessive force” police tried to disperse thousands ed out that the US needed to [email protected] had been used on the protesters, of demonstrators who had con­ Australian city carefully evaluate the potential saying his officers had exercised verged outside the Legislative uses sock-like damage a trade war can cause. Hong Kong’s police chief defend­ utmost tolerance and restraint in Council Complex and Central Gov­ “The breakdown of the global val­ ed the police force’s handling of controlling the protest, which ernment Offices in Admiralty, net for waste ue chain would cause a stock mar­ Wednesday’s violent clashes with turned into a riot. World, page 15 ket crash,” he said. “The bankruptcy demonstrators protesting against More than 100 people, including See Protests, page 4 of Lehman Brothers almost crushed the SAR government’s plans to police officers, were injured in the Wall Street, and now we are talking revise the city’s extradition laws, clashes that brought much of the Inside about dozens of companies involved saying officers had acted “lawfully city’s central business district to a © 2019 China Daily All Rights Reserved Vol. — No. 6899 in the global industrial value chain.” and appropriately”. standstill. See more, page 5 Police Commissioner Stephen Lo Lo addressed the media at a Comment, page 12 A member of the Contact the writers at Wai­chung rejected criticisms that press conference a day after the To the point, page 12 Asia News Network [email protected]