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"It will eventually be the American consumers who pay the price," Wang said, adding that the newly-proposed tariff hikes will stifle U.S. consumption, affect employment in the retail industry and increase downward pressure on the U.S. economy.
The leap in the economy's global influence is evident: in 2018, China contributed to 27.5 percent of world economic growth, up 24.4 percentage points from 1978, the NBS estimates.

The reform will make it easier for foreign investors to invest in the Chinese financial market, revealing China's firm determination to further open up its financial market, said Liao Yijian, president and CEO of HSBC Bank (China).
On the other side, to educate the public, raise their awareness and encourage active participation is one of the volunteers' primary missions, he said, adding that to teach people to identify and distinguish native plants and invasive ones, and to inform them of the importance and ecological value of the native flora and fauna is the first step.
To promote the sector's development, efforts must be centered on promoting the well-being of humanity, maintain a balance between efficiency and job creation, respect and protect individual privacy, and uphold the ethical and moral bottom line, he said.
来源:资阳报