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|WASHINGTON Damske Fenty Puma Rihanna Suede Creepers Ruzove Vypredaj , July 20 (Xinhua) -- China agreed to expand bilateral trade in services with the United States during the first China-U.S. Comprehensive Economic Dialogue (CED) concluded on Wednesday.
"Despite a huge deficit in services trade with the United States, China nevertheless believed that trade in services between China and the United States is mutually beneficial, and is willing to engage in mutually-beneficial and win-win cooperation in trade in services," a Chinese delegate to the one-day talks said Thursday in a statement to Xinhua.
Given the differences between China and the United States in the size and structure of their services industries, it is possible to exploit their own comparative advantages and complement each other Fenty Puma Rihanna Suede Creepers Cierne Vypredaj , the statement said, adding that "expanding bilateral trade in services can also promote balanced trading relations between the two sides."
The two countries discussed trade in services in the high-level economic dialogue, and the United States expected China to further open up its services market, according to the statement.
"China agreed to further open up, deepen its cooperation with the United States Adidas Originals NMD City Sock 2 PK Biele Vypredaj , and forge new areas of growth in bilateral commercial cooperation," said the Chinese delegate.
The Chinese State Council last week approved a pilot plan to open up Beijing's service industry by removing some restrictions on the sector. Local governments will ease restrictions on foreign investments, streamline regulations and encourage innovation.
The plan also highlights reforms in major areas, including science and technology services, the Internet and communication Panske Adidas Originals NMD XR1 Cierne Biele Vypredaj , culture, education, finance and tourism.
China has been trying to shift its economy toward a growth model powered by consumption, services and innovation. The service sector accounted for more than half of the Chinese economy last year.
David Dollar, a senior fellow at the Brookings Institution (a century-old U.S. think tank based in Washington Adidas Originals NMD R1 Sede Biele Vypredaj , D.C.), and former official with the U.S. Treasury Department, believed a high-quality U.S.-China bilateral investment treaty (BIT) would help U.S. export services to China and build the foundation for a better bilateral trading relationship.
"The U.S. primarily exports services. It's hard to export services if you cannot invest. So I see the bilateral treaty as an opportunity for U.S. firms to have new business in China, and that's going to encourage more exports and create good jobs in the United States," Dollar told Xinhua.
In Dollar's view Adidas Yeezy Boost 350 V2 Cierne Ruzove Vypredaj , the Trump administration may not have enough resources to resume BIT negotiations with China in the next two years, as the administration has chosen to renegotiate the North American Free Trade Agreement with Canada and Mexico and modify its free trade agreement with South Korea.
"The United States Trade Representative's Office is actually quite a small department with limited capacity...It's hard for them to then have a third priority," he said.
Chinese Vice Finance Minister Zhu Guangyao said Wednesday that China understands that the Trump administration has to revise all the bilateral and multilateral investment and trade deals with other countries, which could take some time.
However, there are growing calls from the U.S. and Chinese business community to sign the investment treaty as soon as possible Adidas Yeezy Boost 350 V2 Cierne Biele Vypredaj , he said.
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by Kimathi Kamau
NAIROBI, Nov. 8 (Xinhua) -- Mary Keitany, Kenya's two-time London winner is still basking in the glow of her resolute New York conquest last Sunday that served both as a moving personal triumph on her comeback.
The New York victory saved face for elite marathon running still reeling from compatriot and fellow female highflyer Rita Jeptoo's failed A-sample test for EPO.
It was the friendly athletes' perfect answer to a waiting world on her ability to storm back to the high table of World Marathon Majors after missing the entire 2013 to welcome her second born Samatha and above all Nike Air Presto High Ultra Flyknit Biele Vypredaj , it ended her Big Apple title heartache at her third time of asking.
Keitany's 2:25:07 victory in extremely windy and cold conditions will not be remembered for blistering times she's reputed for, but for being gladly welcomed with open arms by athletics purists worldwide for two reasons.
It was her first race over the meanest 42.195km distance since finishing fourth at London 2012 Olympics where she was expected to strike gold in a redeeming act for her embellished reputation after electing to take a maternal break, a truly heart-warming story that sprinkled human touch in a fiercely competed sport.
Coming against the gloomy backdrop of Jeptoo's doping stunner that sparked international outrage, casting aspersions on a nation with a strong distance running heritage, Keitany spared the sport further unwelcome scrutiny when she edged Jemimah Sumgong for the crown by three seconds Panske Nike Air Presto Cierne Vypredaj , tying for the closest finish to a women's race in New York in history following 2004 when another Kenyan, Susan Chepkemei lost out to Britain's great Paula Radcliffe by the same wafer thin margin.
Sumgong is a training partner of Jeptoo at Rosa Associati management camp in Kenya with the two sharing Italian coach, Claudio Berardelli, who alongside his boss and agent Federico Rosa, were quick to disassociate links with the provisionally suspended star.
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