CHINESE AMBASSADOR TO U.S.CUI TIANKAI LEAVES POST

CHINESE AMBASSADOR TO U.S. CUI TIANKAI LEAVES POST

Cui Tiankai， the longest-serving Chinese ambassador to the United States， will leave his post and return to Beijing soon.

Cui worked as an interpreter with the Chinese delegation to the UN at the General Assembly in 1979， when China and the U.S. forged their diplomatic relations.

He had been vice minister of foreign affairs and ambassador to Japan before being appointed as Chinas top envoy to the U.S.

Since embarking on a journey to serve “as Chinas ambassador to the United States in April 2013， I have been working on this post for more than eight years，” Cui said in a farewell letter on June 21.

Cui also said the China-U.S. relationship now stands at a “critical crossroads.” As the U.S. policy toward China undergoes a new round of restructuring， it faces the choice between engaging in dialogue and cooperation， or confrontation and conflict.

Blockchain Industry

Economic Daily June 14

China aims to take the comprehensive strength of its blockchain industry to the most advanced level in the world by 2025， according to a document jointly released by the Ministry of Industry and Information Technology and the Office of the Central Cyberspace Affairs Commission.

Eyeing to further boost the technological application and industrial development of blockchain over the next decade， the country will promote the technology applied to multiple economic and social fields.

In the next five years， China will support the establishment of three to five backbone enterprises with international competitiveness， as well as several innovation-driven enterprises and three to five blockchain industrial clusters.

By 2030， the blockchain industry shall see further expansion in both comprehensive strength and industrial scale.

The application of blockchain technology has been extended to sectors including digital finance， the Internet of Things， smart manufacturing， supply chain management and digital asset trading.

Future development will require more efforts to strengthen basic research and boost innovation capacity to help China gain an edge in theories， innovation and industries of the emerging field.

Net-Zero Carbon Goals

Outlook June 14

Vowing to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060， China has made solid progress in the areas of green technology and green finance in support of this great undertaking.