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Be it trade surplus or trade deficit, I believe the state of a country's trade balance is mainly the result of its role in the international division of labor and position in the international industrial chain. As we do not deliberately seek surpluses or avoid deficits, we need to carefully weigh our choices: should we open up the services sector even wider or try to reduce the trade deficit in services? We have opted for the former. China will be firmly committed to opening up the services sector, even if it means a bigger deficit. Although this will present a greater challenge for our regulatory capacity, at the end of the day, opening the services sector will boost the competitiveness of Chinese companies, which is beneficial in the long run, and will provide more choices and be fairer for Chinese consumers.

Banks working to make financing easier for private companies: Guo Shuqing

Based on skin samples from two dogs, both Belgian Malinois, six cloned dogs entered the world in August.

Barnes & Noble’s?Nook Media e-reading and tablet subsidiary this morning?announced a new investor, the Pearson education and publishing company, and separately warned that holiday sales are coming in below its projections.

Be right a lot