BEIJING, Jan. 16 (Xinhua) -- President Xi Jinping's visit to Switzerland is expected to yield fruitful results and usher in a new era of innovative strategic partnership.
The trip, Xi's first abroad this year and the first to the Alpine country by a Chinese president in the 21st century, will see the two states work out a new blueprint for the development of bilateral ties and sign cooperation deals covering politics, free trade, culture, customs, energy and sports.
Amid flagging international trade and uncertainty for the global economic recovery, the visit has sent a strong message to the world that China and Switzerland are committed to protecting an open and inclusive global trade system, safeguarding world peace and stability, and promoting a fair and reasonable global governance system.
Although China and Switzerland are different in social systems and development stages, bilateral ties have been characterized by a number of "firsts" over the past decades.
Switzerland was among the first Western countries to establish diplomatic relations with the People's Republic of China. After China began its reform and opening-up drives in late 1970s, Switzerland set up China's first industrial joint venture in 1980.
It was the first European country to recognize China's complete market economy status, and the first continental European country to ink a free trade agreement with China.
Switzerland was also among the first European countries to join the Asian Infrastructure Investment Bank, a China-initiated multilateral institution aimed at providing financing for infrastructure improvement in Asia.
Sino-Swiss relations have become a good example of peaceful co-existence and win-win cooperation between countries of different social systems, development stages and sizes.
In the political sphere, bilateral ties have been propelled forward by the exchange of high-level visits. Xi's visit came barely one year after then-President Johann Schneider-Ammann's state visit to China in April 2016, during which the two countries established an innovative strategic partnership. In addition, more than 20 dialogue and consultation mechanisms are running smoothly and have played an important role in strengthening coordination and cooperation at various levels.
In the economic and trade sector, trade volume between the two countries reached 44.27 billion U.S. dollars in 2015, marking a 1.7-percent growth compared to 2014. China has become Switzerland's biggest trading partner in Asia while Switzerland is also China's major trading partner in Europe.
Switzerland is one of most innovative countries in the world, ranking among the top in terms of the number of patents per capita, with scientific research personnel accounting for 12 out of 10,000 people. China, meanwhile, has decided to pursue an innovation-based development strategy by listing "innovation" as one of its five development concepts in its 13th Five-Year Plan period (2016-2020), which also include coordination, green development, opening up and sharing.
"A stronger China-Switzerland economic relationship is helpful to China's ties with Europe," said Wang Yiwei, an international relations scholar from Renmin University of China.
In the tourism and cultural field, over 1.36 million visits to Switzerland were made by Chinese tourists in 2015, and China has become the fourth biggest tourist source for Switzerland. There is also broad cooperation space in higher education and vocational training.
It is reasonable to expect that innovative cooperation between China and Switzerland will play an exemplary role in China's relations with Europe and ultimately benefit the two peoples.
SYDNEY, Aug. 2 (Xinhua) -- Asian tourists taste for expensive watches and designer clothes has given the Australian luxury retail a boost, with revenues expected to reach 1.8 billion Australian dollars (1.36 billion U.S. dollars) this year.
IBISWorld, a market researcher based in Sydney, said on Tuesday as the Australian dollar weakens, it expects revenue for the Australian luxury retail sector to grow by 11 percent a year, over the next five years.
"And, if the local currency continues to depreciate, it's likely more Asian tourists will buy luxury goods because of their relatively cheapness here,"the report said.
IBISWorld said that tourists from China will account for about 30 percent of the Australian luxury retail growth.
According to figures obtained from Tourism Australia, more than one million Chinese tourists flock into the country annually and spend more than 8 billion Australian dollars (6.04 billion U.S. dollars) during their stay.
"This expenditure had boosted demand for luxury goods, and contributed to the industry's strong growth."
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RIO DE JANEIRO Billiga Nike Air Max 2018 , Aug. 24 (Xinhua) -- Highly rated Brazilian defender Emerson is set to join Italian Serie A side Palermo on loan, according to reports in Brazil.
The 20-year-old Santos left-back has already undergone a medical at the Sicilian club Billiga Nike Air Max 360 , whose officials are expected to confirm the move within days, football news portal Sambafoot reported.
Emerson Billiga Nike Air Max 97 , a former Brazil under-17 representative, has made 16 first-team starts for Santos since his debut in 2012.
But he has struggled for opportunities this season with coach Oswaldo Oliveira preferring Eugenio Mena and Ze Carlos.
Palermo Billiga Nike Air Max Zero , who won promotion from Italy's Serie B last year, are expected to be given the option of buying Emerson outright next summer.
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"It has been an absolute pleasure to be here to open this Billiga Nike Air Max TN ," New Zealand Minister of Customs Meka Whaitiri said during an official opening of the Customs e-Gates to Chinese e-passport holders on Friday.