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At the centre of this system is the World Trade Organization, which was established in 1995 by the international community in pursuit of open, fair and equitable trade following nine rounds of multilateral trade negotiation to reduce trade barriers. With 164 members that account for over 95 per cent of global trade, the WTO has become a major platform for trade issues. There has been a dramatic reduction in average tariffs applied by WTO members, and global trade in goods has quadrupled over the past 20 years. Trade has become a driving force for global growth and trade liberalisation is now an international consensus. Despite new challenges, this body is capable of reform and overhauling itself in order to cement its position as the centrepiece of the multilateral trading system. This will be key to warding off the potential disaster of trade protectionism.

At present, the main way to control water lettuce is to physically remove it and transport it to onshore disposal areas.

At the international auto show in Detroit this week, a handful of Chinese companies showed off their wares. Chinese have invested billions in the US automotive industry, with most of it going to Michigan, reports Paul Welitzkin from the Motor City.

At the opening ceremony, Fosun Foundation announced that it would donate 10 million yuan to the Sanya Education Fund to aid the development of outstanding teachers, students and educational programs.

At the end of February, Sidar will obtain her 50,000-yuan startup grant.