4 | Thursday, June 10, 2021 HONG KONG EDITION | CHINA DAILY CHINA Growth: Dragon boat celebration Efforts to Mekong states boost private investment work together

From page 1 The reading came amid concerns to fight virus that a stimulus-driven rebound in global demand, a hampered supply of commodities and ample liquidi- Foreign ministers from six countries ty conditions may combine to trig- ger major inflationary pressure pledge to deepen local cooperation around the globe. But experts said China’s consum- By ZHANG YUNBI their ability in a joint effort to er inflation will remain mild over [email protected] defeat the virus at an early date and the rest of the year as the rise in promote socioeconomic recovery global commodity prices is expect- has pledged to continue in the post-COVID-19 era.” ed to lose some steam while a mod- providing vaccines and medical The ministers also approved a erate recovery in consumer supplies to the five Southeast Asian joint statement on boosting team- demand will limit the impact of ris- countries along the Mekong River work on traditional medicine. ing upstream prices on down- to help them win a final victory in Wang said the countries should stream prices. the fight against the COVID-19 strengthen cooperation in tradi- For instance, the rise in industri- pandemic. tional medicine and enhance their al goods prices only had a modest Public health funds under the capacity to prevent and control effect on consumer prices in May. Lancang-Mekong Cooperation major infectious diseases. Though transportation costs were Special Fund can be made good use Amid global economic head- elevated by rising international oil Children learn to make sachets in celebration of the upcoming Dragon Boat Festival at a kindergarten of to support the construction of winds last year, the annual trade vol- prices, the growth in China’s con- in Huzhou, province, on Wednesday. The school organized activities including the making biosafety protection laboratories ume among the six countries rose 12 sumer price index, a main gauge of of sachets, tiger-head shoes and paper dragon boats to pass on festive traditions to the children. The and projects for epidemic surveil- percent year-on-year to $322.9 bil- inflation, has remained mild at 1.3 festival falls on Monday. XU BINHUA / FOR CHINA DAILY lance and cross-border infectious lion, with agricultural products percent year-on-year in May, com- disease prevention and control, accounting for $24 billion of that, pared to 0.9 percent in the previous State Councilor and Foreign Minis- also up 12 percent year-on-year. month, according to the NBS. ter Wang Yi said when chairing the The six countries have also Long Shaobo, deputy director of 6th Lancang-Mekong Cooperation worked to stabilize regional indus- the Center for Public Economy Foreign Ministers’ Meeting in trial and supply chains and increase and Public Policy at focuses on innovation drive Chongqing on Tuesday. connectivity. The number of weekly University, said the upward pres- It brought together dignitaries cargo flights between them has ris- sure of the PPI on CPI should con- By Zhang Yangfei from enough to the province and the Qinling from the cooperation mechanism’s en from 49 in 2019 to 289. tinue to be limited as relatively [email protected] turn the prov- Mountains, the natural boundary six members — China, Cambodia, At the meeting, Wang called on weak consumer demand and ince’s innovation between northern and southern Laos, Myanmar, Thailand and the countries to enhance team- intense industry competition will Shaanxi province has stepped advantage into a China, support a huge variety of Vietnam. The six countries share work to improve customs clear- dampen companies’ tendency to up efforts to advance innovation- development wildlife. the river, known as the Lancang in ance, shore up production capacity raise prices. driven development and protect advantage, he The mountains suffered multi- China and the Mekong in the five and connectivity, and boost the dig- local ecosystems. said. ple environmental problems in other countries it flows through. ital economy and scientific and China’s growth in CPI (y-o-y, %) President Xi Jinping said during Guozhong To address the past, including the illegal con- Public health was a major focus technological innovation. China’s growth in PPI (y-o-y, %) a visit to the province in 2015 that that problem, struction of villas, quarrying and of the meeting, and after it con- On water resources cooperation, 10 9.0 Shaanxi has entered “a stage of the province launched a platform pollution of water sources, as cluded the ministers jointly issued the ministers expressed “apprecia- catching up”, and on a visit in April in March that aims to channel revealed in the anti-corruption an initiative on deepening coopera- tion to China for sharing year- 8 last year he said it needed to “strive research and development to fight. tion among local governments in round hydrological information of 6.8 to write a new chapter of accelerat- incubation and industrialization. “We’ve learned a big lesson,” Liu Lancang-Mekong countries. the Lancang River, and increasing 6 ed growth in the new era”. The provincial government has said, adding that environmental “We commend the efforts of our the discharge upon the requests of 4.4 Shaanxi played a key role during invested 45 billion yuan ($7 bil- protection has been a top priority local governments in jointly fight- downstream countries”. 4 the revolution as one of the most lion), set up special teams and for- ever since. ing the COVID-19 pandemic, and The six ministers encouraged all important bases for the Commu- mulated a three-year plan as well The government has eradicated the dispatch of medical teams and member countries to “improve con- 1.7 2 1.3 nist Party of China. as guidelines to run the platform, illegal construction, logging, min- anti-epidemic supplies,” the initia- ditions for local water supply, pro- 0.9 0.3 0.4 Liu Guozhong, the province’s which also involves universities, ing, hunting and waste discharge, tive said. tect the ecosystem of the Lancang- 0 Party secretary, told a news confer- research institutes, enterprises removed all 169 mining areas in “Looking ahead, the local gov- Mekong River, and address the -0.3 -0.2 ence on Wednesday that Shaanxi and financial institutions. the Qinling Mountains’ key protec- ernments of China will continue to adverse impacts of floods and -2 Jan Feb Mar Apr May beefed up efforts to give full play to The government has also imple- tion zone and demolished 63 provide assistance and support to droughts and other extreme weath- Source: National Bureau of Statistics CHINA DAILY its innovation potential in the past mented more than 70 preferential hydropower stations. Mekong countries to the best of er events caused by climate change”. year. measures and granted 100 million After the rectification, kingdo- The core CPI, which excludes The province is home to more yuan of special funds each year for nia, a one-leaf plant known as a food and energy prices and is seen than 100 universities, 1,500 the building of “scientists plus natural indicator of an excellent Life relay as a better gauge of aggregate research institutes, 66 academi- engineers” teams to help them ecosystem, was recently discov- demand, grew by 0.9 percent in cians and over 2 million talented become entrepreneurs, Liu said. ered for the first time in the May, up from 0.7 percent in April, technical professionals and has He added the province will con- mountains. indicating that domestic demand is contributed to some major national tinue to pool resources to produce The management of the Yellow recovering but at a modest pace. technology projects, including more good results, support high- River is another major project for Moreover, the growth in PPI is deep-sea and lunar explorations, quality development and be bold Shaanxi’s environment protection likely to peak and start declining making scientific and technological in experimenting to stimulate the work. The province has planted in the coming months, Long said, innovation one of the most distinc- vitality of talent and form a good grass and trees and built dams on thanks to a recovery in the sup- tive advantages it enjoys, Liu said. environment for innovation and the Loess Plateau — the major ply of commodities as the pan- However, the innovation system entrepreneurship. source of the river’s sediment — to demic situation gradually still has much room for improve- Shaanxi is also an area that reduce the amount of sand it car- stabilizes and an expected taper- ment, and the commercialization plays a crucial ecological role. ries and is strictly controlling ing of the US Federal Reserve’s of scientific achievements is far The Yellow River runs across sewage to prevent pollution. monetary stimulus. With global commodity prices softening, China’s full-year growth in CPI may average about 1.5 per- cent, lower than the government’s Video features prayers for Taiwan expected goal of about 3 percent, About 150 transplant recipients, their relatives, medical workers said Zhu Haibin, JPMorgan’s chief By zhang yi vaccinated in the mainland.” and volunteers take part in a walking event organized by the China- China economist. [email protected] 1 Taiwan has been struggling with Japan Friendship Hospital at the Olympic Forest Park in Beijing on It is unlikely that the People’s percent a shortage of vaccines, with just 1 Wednesday, ahead of China’s Organ Donation Day, which falls on Bank of China, the nation’s central As the COVID-19 epidemic situa- percent of its 23 million people Friday. ZHU XINGXIN / CHINA DAILY Vaccination rate in Taiwan, bank, will raise interest rates amid tion in Taiwan worsens, dozens of which has 23 million people vaccinated. such mild consumer inflation pros- Taiwan residents living on the Chi- The Taiwan Affairs Office of the pects, Zhu said, adding that the pol- nese mainland shot a video in State Council said earlier that the icy rate is expected to remain which they prayed for the health of of making a video featuring the mainland was willing to arrange unchanged for the rest of the year. their families on the island and slogan. the prompt purchase of vaccines Inspection: Xi stresses But the soaring prices of raw called on the Taiwan authorities to “People were so willing to get and send epidemic prevention and materials will continue to put pres- stop political manipulation of epi- involved that when I pitched the control experts to Taiwan. Some sure on business profits, particular- demic prevention efforts. idea on social media, within a min- mainland organizations also ecological conservation ly for small and medium-sized About 80 Taiwan residents in 17 ute someone had sent a video to expressed their willingness to enterprises, making structural provincial-level regions appeared me,” he said. “What touched me donate vaccines to Taiwan. reforms critical to help them cope in the video, saying “You are safe was that everyone designed their The Democratic Progressive Par- From page 1 opment and blaze a trail for with difficulties, said Chen Yanbin, and we are at ease. The two sides of own movements while shooting ty authorities in Taiwan refused high-quality development with a professor of economics at Ren- the Straits should join hands and the video.” the mainland offers and claimed problems and protecting biodi- local characteristics. min University of China. fight the epidemic side by side”. Cheng said the youngest person the mainland had blocked Taiwan versity at Lake. While implementing the strate- “Efforts are needed to effectively The video clips they shot were in the video is a baby of a cross- from buying overseas vaccines. Xi underlined the importance of gic decisions of the CPC Central boost private investment, ease put together and posted online on Straits marriage and the oldest is “The island authorities rejected conservation, saying that the envi- Committee in promoting the devel- business burdens and remove Tuesday. about 50 years old. mainland vaccines for political ronment is a “resource, wealth and opment of the western region and investment hurdles,” he said. One of them, Cheng Po-yu, exec- Since the new outbreak began reasons,” Cheng said, adding that treasure”. advancing the high-quality con- The National Development and utive director of the Cross-Straits last month, Taiwan has recorded they should attach importance to Noting that Qinghai is strategi- struction of the Belt and Road, Xi Reform Commission, China’s top Youth Exchange Association in more than 100 newly confirmed scientific epidemic prevention and cally important in building an eco- said that the province should active- economic regulator, held two con- Beijing, said many young Taiwan cases a day for about 25 consecu- stop deliberately blocking the pur- logical civilization in which ly integrate itself into the nation’s secutive meetings on Tuesday and people working or studying on the tive days. It reported 274 new cases chase of mainland vaccines. sustainable development is key, Xi regional development strategy, Wednesday to formulate more mainland are worried about their and 25 deaths on Wednesday. Taiwan Affairs Office spokes- urged officials to make all-out such as the Yangtze River Economic measures to stabilize prices. relatives and friends in Taiwan and The island media reported that man Ma Xiaoguang said on efforts to protect ecological resour- Belt and the ecological conservation The commission will closely mon- the epidemic situation when they many Taiwan people have flown to Wednesday that the mainland ces, implement the national strate- and high-quality development of itor commodity prices, strengthen look at the number of new cases in the mainland recently to get vacci- has made the utmost efforts to gy for ecological conservation and the Yellow River Basin, in order to market regulation over illegal Taiwan each day. nations after making appoint- help Taiwan compatriots fight the build national parks. drive its economic growth. behavior related to hiking prices, “My parents live in New Taipei ments with the mainland epidemic. Speaking at a meeting attended He underscored the strategic and secure the supply of corn, pork City, and someone in their commu- authorities. Taiwan singer Hsiao It was the DPP that ignored the by senior local officials on Wednes- position of Qinghai in promoting and other basic goods for house- nity has been diagnosed. I am Ching-teng and Yok Mu-ming, health of Taiwan residents and day, Xi underlined the important the stability of the Uygur holds, according to statements from nervous and talk to my parents on former president of the pro-unifi- slandered the mainland’s efforts role of Qinghai in protecting the autonomous region and the Tibet the meetings. the phone every day,” Cheng said. cation New Party of Taiwan, to help Taiwan compatriots, country’s ecological security, autonomous region, as the prov- At the end of last month, when received vaccine doses in which exposed its secessionist national security, and resource ince is adjacent to both regions. He Ouyang Shijia contributed to the story. the epidemic in Taiwan was recently. nature, he said. and energy security in the new urged the province to fully carry becoming serious, Cheng and sev- Cheng said, “Many people “The DPP should shoulder all development stage. out the Party’s policies to promote Contact the writers at eral other Taiwan residents on the around me are considering ask- the blame for the cross-Straits He called on the province to ethnic unity and progress, and its [email protected] mainland came up with the idea ing their family members to get status quo,” he said. stick to low-carbon, green devel- guidelines for religious work.