Different from the first several batches of tariffs that focused more on industrial and agricultural products, the most rece
nt 25 percent tariffs on Chinese imports target mostly consumer products, including sneakers, clothing and furniture.
Trump has, on his Twitter account, asserted that “there is no reason for the U.S. Consumer to pay the Tariffs”.
The open letter, however, said “there should be no misunderstanding” that US consumers pay for tariffs on products that are imported.
“As an industry that faces a $3 billion duty bill every year, we can assure you that any incr
ease in the cost of importing shoes has a direct impact on the American footwear consumer,” it said.
It is an “unavoidable” fact that as prices go up at the border due to transportation costs, labor r
ate increases or additional duties, the consumer pays more for the product, the footwear trade and business association said.
ed China’s digital economy had reached more than 27 trillion yuan ($4 trillio
n) in 2017, a year-on-year rise of 20.3 percent, accounting for nearly 33 percent of GDP.
Lu said the growth rate of the number of people working as new media operators in 2017 was mo
re than 10 times that of 2013. The growth comes as more consumers turn from mass media to new me
dia, which provides more information, is faster, has a more diversified presentation and cheaper cost.
Algorithm engineers, in particular, grew at exponential rates. More than fi
ve times as many people worked as algorithm engineers in 2017 than 2013, he said.
“Algorithm is the foundation for artificial intelligence. AI has started to integrate with other industr
ies and already had been successfully implemented in AI plus marketing, finance and assisted medical dia
gnosis. AI engineers will have more value as AI becomes more closely tied with more businesses,” Lu said.
raduate department, said China has trained hundreds of foreign space engineers since the mid-1990s.
However, those training sessions were mostly occasional, often accompanied a satellite export deal, and were mainly focu
sed on ground-based control and applications of satellites rather than their design and production, the director said.
“However, in recent years, along with the expansion in our cooperation in the space indu
stry with other countries, many of our foreign partners voiced their hopes that we could hold some sort of syst
ematic training programs to help them create their own spacecraft designers and technicians,” he said.
Therefore, he said, “We decided to open a two-year postgraduate prog
ram and then sent the message to countries having space cooperation with China.”