China does not want to fight but is not afraid of a fight, said Foreign Ministry spokesman Guo Jiakun at a press briefing in Beijing on Wednesday when reiterating China's position on tariff war waged by the United States.
"China has long pointed out that there are no winners in a tariff war or a trade war, and protectionism leads nowhere. Decoupling and severing chains will only isolate oneself. China's position on the tariff war waged by the United States is very clear: We do not want to fight, but we are not afraid of a fight. For fighting, we will confront with it to the end. For negotiations, our door is open," said Guo.
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Spokesman reiterates China's position on US-waged tariff war
Spokesman reiterates China's position on US-waged tariff war
Spokesman reiterates China's position on US-waged tariff war
Spokesman reiterates China's position on US-waged tariff war
Spokesman reiterates China's position on US-waged tariff war
"If the U.S. genuinely wishes to resolve issues through dialog and negotiation, it should stop threats and blackmail and engage in dialogs with China on the basis of equality, respect, and mutual benefit. Claiming to seek an agreement with China while continuously exerting maximum pressure is not the correct way to deal with China and it won't work," he said.
Spokesman reiterates China's position on US-waged tariff war
Spokesman reiterates China's position on US-waged tariff war
Spokesman reiterates China's position on US-waged tariff war
Spokesman reiterates China's position on US-waged tariff war
Spokesman reiterates China's position on US-waged tariff war
As China's elderly population grows, shopping malls in Shanghai have actively adapted part of their services to cater to the needs and preferences of elderly consumers, tapping into silver-haired consumer market.
This trend reflects the city's efforts to enhance elderly care services amid the population aging. By the end of 2023, people aged 60 and older reached 5.68 million in Shanghai, representing a whopping 37.4 percent of the city's total population.
A shopping mall on the downtown Nanjing East Road pedestrian street has opened a dedicated club for senior citizens, offering a diverse range of activities from the operation of health workshops to traditional handicraft classes.
"I gain a lot every time I come here. I can participate in various club activities and also exchange knowledge and everyday life hacks with others," said Fu Meilin, an elderly resident.
The mall houses nearly 60 time-honored brands, along with dining and entertainment options suited to senior citizens.
Another business district in Shanghai's Putuo District has adopted a different approach, focusing on attracting retirees during weekdays while catering to younger shoppers on weekends.
Restaurants offer affordable off-peak meal deals priced under 100 yuan (about 13.88 U.S. dollars), attracting a large number of senior customers.
To ensure a convenient and enjoyable shopping experience for the elderly, many shopping malls have conducted age-friendly renovations, including providing comfortable seating areas, accessible restrooms, and consumer guidance services for the elderly shoppers.
Driven by the population aging, China's "silver economy" has shown vast growth potential, with the market currently estimated at around seven trillion yuan and projected to reach a 30 trillion yuan by 2035.
Shopping malls in Shanghai adapt to cater to growing 'silver economy'
