ational Cooperation, to be held in Beijing on Thursday through Saturday, S
ong said the ministry will help deepen economic and trade cooperation with other coun
tries. “China will build more free trade zones with countries that are willing to do so,” Song added.
“As for the existing free trade zones, we will reduce administrative barriers in trade
and investment and push the formation of a big Belt and Road marketplace.”
While some critics have argued that the initiative will lead countries i
nto debt traps, Song said debt can be solved through joint efforts to promote the devel
opment of BRI economies. “Even though some countries may have high debt levels, as their pace of indus
trialization, urbanization and modernization accelerates, their debts will gradually decrease.”
Joe Kaeser, president and CEO of Siemens AG, said, “If an initiative like the BRI unifies more than two-thirds of the global
population, it will create massive infrastructure and economic movement that will build its own rules.”
comes in time because, if passed, it will provide better regulations of the gene-editing activities over embryos.
Besides, the draft law did not list clearly the definition of gene-edited em
bryos. Technically speaking, if a fertilized egg is genetically edited and grows into an embr
yo, the total process should be considered gene-editing of embryo and put under the regulation of the law.
Zhang Dake, an associate researcher at Beijing Institute of Genomics, Chinese Academy of Sciences
In the past, “health rights” mainly referred to the right to stay healthy and free from injuries. T
he draft amendment this time follows the latest progresses in genetic technologies by extending its defin
ition to cover genetic resources, and will be a guiding principle for relevant disputes in the future.
More importantly, the civil code is a guiding law for all laws in the ci
vil sector. If the draft amendment passes, more related laws, regulations as well as sta
ndards will be amended or drafted in the future, which is a major progress in legislation.
ltancy, said: “The lawsuit against Liu will bring damages to the image and reputation of JD, hav
e an impact on investors’ confidence, and cause fluctuations in its share price. Moreover, emp
loyees’ trust in the company may also be affected as the Beijing-based tech heavyweight is laying off staff to cut costs.”
Shen Meng, director of boutique investment bank Chanson & Co, said Liu’s case won’t chan
ge his actual control over JD, which is now making some innovations to reassure investors. Liu owns
15.8 percent of JD’s stock and controls nearly 80 percent of the company’s voting rights.
Liu was detained in Minneapolis, Minnesota, on suspicion of criminal sexual c
onduct on Aug 31 and later released without charge or bail. He returned to China on Sept 3.
In December, Hennepin County Attorney’s Office, the prosecutorial office handling the case announced that no sexual as
sault charges would be brought against Liu as prosecutors could not prove his guilt beyond reasonable doubt.