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conomy plowing ahead上海419ite strong headwindsChin

For those who are concerned about China’s economic well-being, the first half-year fig

ures released by the National Bureau of Statistics on Monday may not be enough to relieve them of their worr上海419

ies, especially given the ongoing trade conflict with the United States and weakening global demand.

上海419After all, a 6.2 percent growth in the second quarter — although still within the gove

rnment’s target range of 6-6.5 percent for the year — was the weakest in nearly three decades.上海419

This, together with lukewarm trade readings released on Friday — exports fell 1.3 percent in June from a year earlier and imports dropped 7.3 percent — sugge

sts economic conditions are still severe and, with external uncertainties on the rise, the economy “is under new dow

上海419女神会所nward pressure”, as NBS spokesman Mao Shengyong said at a news conference.

But again, this is really a question of do you see the glass half empty or half full, given that

China remains one of the world’s fastest-growing major economies. While pessimists focus on the diffi

culties, optimists see the silver lining of the Chinese economy’s remarkable resilience given the headwinds it faces.上海419

For example, retail sales, a major gauge of consumption, surged 9.8 percent, much higher than the expected 8.5 percen

t and also the highest since March 2018. Many analysts attribute the progress to the central government’s ef

forts to boost domestic consumption — these range from massive tax cuts of nearly 2 trillion yuan ($291 billion) to the iss上海419女神会所

uance of 2.15 trillion yuan of special bonds by local governments for infrastructure construction.

上海419Other strong data, such as a 6.3-percent increase in industrial output an

d a 5.8-percent rise in January-June fixed asset investment, all indicate that the fund

amentals for steady growth remain unchanged and the government still has ample room for policy maneuvers.

Actually, once last month’s much-better-than-expected gains in retail上海419女神会所

sales, factory output and fixed-asset investment were announced, the market quickly cast its vot

上海419女神会所e of confidence in the Chinese economy. The benchmark Shanghai Composite Index ended 0.4 percent up on Monday a

fter casting off losses that had pushed it down as much as 1.5 percent in the morning ahead of the data release.

xxxcj.cn


According to Zhang Shu上海千花网 of the Yantai Ar

rt Museum, Peking Opera became popular in Yantai back in the 19th century after some famous Peking Opera maste

rs performed there, including Tan Xinpei (1847-1917), the founder of Tan-style performance.上海千花网品茶微信

Tan, who gave three shows in Yantai in 1868, was the first Peking Opera master who performed in Yantai.

上海千花网Peking Opera master Zhou Xinfang (1895-1975) made his debut performance in Yantai in 1907 when he was 12 years old.

After that he performed in Yantai six times from 1907 to 1931, which made him a household name in the city.

“Then, Peking Opera troupes which toured the country stopped by the docks at the上海千花网品茶微信

port in Yantai. as the city was regarded as a place which could test the popularity of the artists,” says Zhang.

During the summer camp, the Yantai Art Museum will also hold Peking O

上海千花网pera exhibitions, displaying artworks based on the old art form, including paper-cutting, in

k paintings, sculptures and facial makeup, which introduce the history and characters of Peking Opera.

On Aug 7, the exhibition will move to Beijing.上海千花网

Meanwhile, according to Zhang Zuling, the director of Yantai Municipal Bureau of Culture and Tourism, Yantai has 10 pr

上海千花网品茶微信ofessional Peking Opera troupes, which give over 1,000 shows each year in the city.

In 2018, a project was launched by the government to promote Peking Opera in Yantai, especially among the young generation.

An original Peking Opera production Liberation of Yantai, which chronicles Yantai’s上海千花网品茶微信

liberation during the War of Resistance Against Japanese Aggression (1931-1945), was premiered by Yantai Pekin

上海千花网g Opera Company, and was also staged at the eighth China Peking Opera Art Festival in Nanjing, Jiangsu province.

Speaking about the project, Zhang Zuling says: “In 2018, over 80 million tourists came to Y上海千花网品茶微信

antai. It’s a great platform to revitalize the old art form among the young students.”

www.bbdq.com.cn


Sunstone, the world’s l上海419rovider of expedition

The shipbuilding started in March 2018. Niels-Erik Lund, president and CEO of Sunstone, said the progress has been go

ing well, which represents China’s superb management in the shipbuilding industry.上海419品茶微信

Shenzhen in South China’s Guangdong province released 39 measures to further deepen the r上海419

eform and innovation of the Qianhai and Shekou Area of the China (Guangdong) Pilot Free Trade Zone on July 8.

上海419The measures cover four aspects: creating a sound investmen

t environment, improving trade facilitation, promoting financial inn

ovation to serve the real economy, and advancing trials in the field of human resources.上海419品茶微信

To create a sound investment environment and attract more foreign investment, the Qianhai and Shekou Area is a

上海419llowed to introduce innovative tax services in line with international standards. Wholly foreign-owned co

nstruction enterprises in the area, when undertaking Sino-foreign joint construction projects in the province, w

ill be free of restrictions on the proportion of Chinese and foreign investment.上海419品茶微信

The Qianhai and Shekou Area will be granted the administrative authority to register free import and export tech

上海419nology contracts, as well as the record management of imported cosmetics with no special purposes. The ap

plication of single-window platforms for international trade throughout the city, in which cross-border traders can sub

mit regulatory documents at one location, will be promoted in the area to improve trade facilitation.上海419

Financial institutions in the Qianhai and Shekou Area are permitted to handle renminbi derivatives and other busi

上海419品茶微信nesses for overseas agencies in accordance with relevant regulations under the premise of legal compliance an

d controllable risks. The area is also encouraged to carry out pilot work in securitizing intellectual property rights.

The approval authority for the establishment of Sino-foreig上海419

n joint ventures or wholly foreign-funded human resource recruitment agencies wi

上海419品茶微信ll be delegated to the Qianhai and Shekou Area. The area is also authorized to formulate regulations on the man、

agement of professionals from Hong Kong and Macao in accordance with national laws and regulations.

dyrbrn.cn


Sheng Songcheng, 上海后花园ial, wrote recen

 that the monetary authority needs to keep the RMB stable, as well as advance the count

ry’s exchange rate reform to reflect the actual demand and supply of RMB in the market.

The central bank’s data is largely in line with the market’s expectations, said Ming Ming, a上海后花园品茶微信

n economist with CITIC Securities. “In terms of future monetary policy, the central bank’s move will be infl

上海后花园uenced by multiple factors. It is likely to maintain a neutral stand and we should not expect substantial monetary easing.”

Shen Jianguang, vice-president and chief economist at JD Digits, said moderate inflation

in China will leave more room for monetary policy adjustments, if necessary, in the third quarter.上海后花园

China’s consumer price index stood at 2.7 percent for June, unchanged from May, and wa

上海后花园品茶微信s 2.2 percent for the first half of this year, the National Bureau of Statistics said on Wednesday.

Apart from monetary easing, further tax cuts and policy to encourage consumption are also in the policy toolb

ox for the authorities to boost the economy, said Shen.A sniffer dog senses drugs hidden in a room during the “S上海后花园

niffer Dog Open Day” activity held at the Public Security Bureau of Yinan county, Linyi city, East China’s Shandong provin

It’s not just narcotics officers and lawmakers who need to keep up with the rapid development of new types of illegal recr上海后花园品茶微信

eational drugs, but also sniffer dogs at the General Administration of Customs’ canine training center in Beijing.

上海后花园With dozens of suitcases lined up in two rows on the center’s training ground, Fun, a

3-year-old Labrador sniffer dog, takes just 10 seconds to find the one containing drugs.

Fun sits obediently in front of the suitcase while his handler, customs officer Yu Xiaodong, crouches and pats him上海后花园品茶微信

on the head as encouragement. Yu then uses a rolled-up towel to play a tug-of-war game with Fun.

“Tug-of-war is the biggest motivation for these dogs to work,” he said. “By dragging the towel, the excitability of the dogs can be cultivated.”上海后花园

Yu said the dogs rely on their acute sense of smell. “Without unpacking the luggage, the sniffer dogs are faster and more accurate than manual inspections.

“上海后花园品茶微信With the emergence of new kinds of drugs, these sniffer dogs need to update their sensibilities to detect the new stuff.”

New synthetic drugs including stimulants similar to amphetamines are appearing constantly, according to the Supreme People’s P

rocuratorate. Detecting them has also become more difficult, because a large number of drug dealers no longer ca上海后花园

rry drugs with them but use the internet to purchase, sell and deliver their inventory.

“In accordance with the different tasks, the detection dogs in custo上海后花园品茶微信

ms are mainly divided into six types, aside from detecting drugs,” said Li Siwen, an anti-sm

uggling officer with Beijing customs. “Some are trained to find explosives, tobacco, bank notes and ivory. Our s

niffer dogs are capable of identifying more than seven kinds of drugs and their derivatives.”

Yu said Fun had been working for more than a year and can distinguish five different types of drugs.

www.trwater.com.cn


Economic basics will stay po娱乐地图sitive, interview e

The Chinese economy has stayed on a trajectory of stable gro

wth, and the country’s economic fundamentals will remain p

ositive in the long run, President Xi Jinping said in a written interview with Russian media.娱乐地图女神会所

娱乐地图On the eve of his state visit to Russia, Xi told TASS Russian News Agency and the Rossiyskaya Gazeta newspaper on Tues

day that China has all the necessary conditions, capability and confidence to deal with any risks or challenges.

Despite a slowdown in global growth and trade, the Chinese economy娱乐地图

娱乐地图女神会所has had a strong start this year with key economic indicators remaining in a proper range, he said.

The development of energy-saving and environmental protection industries will receive mo

re support, and breakthroughs in key areas such as clean energy and low-carbon technologies will be encouraged, he said.t娱乐地图

Li also called for more efforts to strengthen pollution treatment facilities, and he undersco

red the importance of using pricing, taxation and green finance policies to bring about better results.

t娱乐地图女神会所The premier also called for efforts to refine laws and regulations in pollution control.

President Xi Jinping and former US president Barack Obama announced in a joint statem

ent during a meeting in Beijing in November 2014 that the two countries would reduce greenhouse gas output. China vowt娱乐地图

ed to put a peak on its carbon dioxide emissions by around 2030, while the US pled

ged to bring national emissions to at least 26 percent below their 2005 levels by 2025.

The pledges were also part of each country’s national commitments related to the 2015 Paris climate agreement.

koryoung.com.cn


The robot’s head is equip上海龙凤1314womegapixel cam

meras as the “eyes” and two 7 megapixel cameras as its “ears”. With sens

ors at the top of its head and mouth, the robot can also detect wind velocity, carbon dioxide le上海龙凤1314

vels, humidity, temperature and other data about the natural environment of the green house.

上海龙凤1314女神会所The farm robot has been successfully tested for compatibility with the 5G mobile communicatio

n technology, which allows the data to be analyzed by computers enabled by AI in the control room more efficiently.

“Currently, the robot can inspect farms automatically and collect dat上海龙凤1314

a samples used to power various applications. It can determine plants’ health condition and deci

de if pest control measures are warranted,” said Chen Li, deputy director of marketing at Newland.上海龙凤1314

Washington should face the matter of deficit squarely: former vice-premier

The “real” trade imbalance between the world’s two largest economies has long been overstated b

上海龙凤1314女神会所y 20 percent. Better data would give a more balanced picture of Sino-US trade and reflect the gains th

at both sides derive from their economic relationship, said former Chinese Vice-Premier Zeng Peiyan.

There has always been divergence between Chinese and US figures on the bilateral trade gap due to the different met

hods used. Current methods omit trade in services from the trade balance, overlooking China’s role in processing tr上海龙凤1314女神会所

ade, and thus overestimating the trade deficit, Zeng told a seminar in Hong Kong on Tuesday.

The two-day event, themed “US-China Trade and Economic Relatio

ns: What Now, What Next”, invited former government officials, industry re上海龙凤1314

presentatives and academics from home and abroad to share their insights on the year-old Sino-US trade friction, w

hich has become the single most important factor in the global economy and markets.

上海龙凤1314女神会所According to Chen, the robot is still a prototype and on the basis of that the two sides hope to step u

p investments to develop versatile robots that can even pick fruit with a bionic hand in the future.

“Based on the mass agricultural data and images we have acquired, we hope to build an optimized plant growth model to ach

ieve automatic control of the growth environment and early warning of pests and diseases,” Chen added.上海龙凤1314女神会所

China is now the world’s largest market for industrial robots. As labo

r costs continue rising, the demand for robots will be stronger in the nation, said Wang Tia

nmiao, president of the Smart Manufacturing Research Institute at Beihang University.

sh419ccc.com


China’s prospects for copi上海千花坊anctions – whic

 the US administration is likely to use more often – are not so bright. Last month, a US judge found three large Ch

inese banks in contempt of court for refusing to produce evidence for an investigation into violations of sanctions aga上海千花坊

inst the Democratic People’s Republic of Korea. The ruling ignores the fact that, according to Chinese law, any request for ba

上海千花坊品茶微信nking records should be handled in accordance with the US-China mutual legal assistance agreement.

Chinese financial institutions thus need to prepare for more troubles, including the risk of being blacklisted – that is, deprived of the right to u

se the US dollar and important services, such as the Society for Worldwide Interbank Financial Telecommunication financial m上海千花坊

essaging service and the Clearing House Interbank Payments System. It is a punishment few companies can survive.

上海千花坊品茶微信Already, one Chinese bank has been included on the Correspondent Account or Payable-Through Acc

ount Sanctions list, meaning that it cannot open correspondent or payable-through accounts in the US.

Make more efforts to internationalize yuan上海千花坊

The Chinese government has few options here, but it can step up legislative efforts to protect Chinese banks’ interests, while encour

上海千花坊品茶微信aging Chinese financial institutions to treat compliance with US financial regulations with the utmost c

are. It should also continue working to internationalize the yuan, as there is still a long way to go on this front.

China remains committed to its 40-year-old process of reform and opening-up. Today, that process must focus on redoub

ling efforts to strengthen intellectual property rights protection, adhering to competitive neutrality and de上海千花坊品茶微信

fending multilateralism. But following through on this commitment will require China to find ways to manage escalating ten

上海千花坊sions with the US and avoid a costly – and potentially devastating – reconfiguration of the global economy.

The author, a former president of the China Society of World Econo

mics and director of the Institute of World Economics and Politics at the Chinese Aca上海千花坊品茶微信

demy of Social Sciences, served on the Monetary Policy Committee of the People’s Bank of China from 2004 to 2006.

ashchc.com


The most inspiring thing上海龙凤1314see the cluster of th

Boosted by the Guangdong National Online Game and Animation Indu

stry Base and the Guangdong National Digital Publishing Base, a large group of comp上海龙凤1314

etitive cultural companies with independent innovative abilities have been established in the district.

上海龙凤1314uangzhou’s Tianhe district will focus on expanding its financial industry, and will continue to improve the business envir

onment to attract companies to set up headquarters there in the next five years. It aims to increase its gross do

mestic product (GDP) to 500 billion yuan ($73.84 billion)by 2020, the district government work report said on last Tuesday .上海龙凤1314女神会所

Tianhe district is the top economic area in Guangzhou, Guangdong province. Last year, the district’s GDP reached 343.3 billion yuan.

上海龙凤1314The financial services industry is dominant in Tianhe district. Accor

ding to the district government work report, Tianhe will continue to improve the mo上海龙凤1314

dern financial service system and optimize financial development environment.

上海龙凤1314女神会所By the end of 2020, the added value of the Tianhe financial sector hopes to reach 24 percent of GDP.

The district will set up high-level, high-quality, and high-tech indust

rial cluster. The new generation information technology industries including mobile i上海龙凤1314

nternet, cloud computing and big data will gather in Tianhe’s smart city area.

上海龙凤1314女神会所The district also has built a “Internet Plus” town. Currently, more than 400 interne

t companies are operating in this area, generating 50 billion yuan annual revenue in 2015.

In the next three years, the district government will deeply integra上海龙凤1314

te the information technology into modern service industry and high-end m

anufacturing industry to create a 100 billion yuan “internet” industrial cluster in the town.上海龙凤1314女神会所

Tianhe’s CBD area contributes 70 percent of its economic aggregate. The dis

trict government will improve the area’s environment and adjust industry str

ucture to build a park-like CBD in Zhujiang new town during the 13th Five-Year Plan (2016-2020) period.

上海龙凤1314女神会所In the next five years, the government will also sharpen its competitivenes

s in its investing environment by upgrading its management and service level. It pla

ns to attract no fewer than 225 Global Fortune 500 companies to locate in its CBD area by 2020.上海龙凤1314女神会所

Tianhe district’s other goals are to becoming a more livable ar

ea for people, and to build incubators for young people to start businesses.

shlfcm.com


He added Zurich has str上海楼凤rest in the IAB progr

ram put forward by the local government, covering information technology, artificial intelligence and biological medicine.

“Information technology has high risk and cyber security is what the nation pays close attention to,” he said.上海楼凤

上海楼凤”Zurich is experienced in cyber attack insurance. We are convinced that there will

be plenty of opportunities for business with the information technology industry.”上海楼凤

The cultural and creative industry in Tianhe district in Guangzhou has made huge gains

上海楼凤品茶微信on the back of supportive policies, culture exchange platforms and a cluster of leading companies, experts said.

Broadly speaking, the cultural and creative economy comprises advertising, architecture, art, crafts, design, fashion, film, mu

sic, performing arts, publishing, research and development, software, toys and games, TV and radio, and video games.上海楼凤

“Tianhe district enjoys unparalleled advantages with its economic and cultural foundation and creative talent pool,” said Zha

o Haizhou, vice-president of Kugou Music, a major online music provider based in Guangzhou.上海楼凤

“So, it is the optimal location for the cultural and creative industry,”

In addition to Kugou Music, the district has gathered many other le上海楼凤品茶微信

ading cultural companies including Fangsuo Commune, NetEase and UC Browser.

上海楼凤In 2016, the value added of Tianhe district’s cultural and cr

eative industry hit 28.35 billion yuan ($4.29 billion), 11.1 percent higher than 2015.

It accounts for 7.46 percent of the district’s GDP and 29.7 percent of the total value added上海楼凤

of Guangzhou’s cultural and creative industry, ranking it No 1 in that sector in Guangzhou.

Mao Jihong, founder of Fangsuo, a creative bookstore which entered Guangzhou in 2011, said he was glad to have settled there.上海楼凤品茶微信

Four hundred cultural exchange activities and 60 art exhibitions have been held the

re in the past six years. The number of visitors to the district is expected to hit 10 million in 2017, Mao said.上海楼凤品茶微信

In 2017, Tianhe district issued a series of supportive policies to boost cultural and technological innovation there.

Every year, a specialized fund is used to support key cultural fields, including digital cont

ent and creative design as well as cultural and arts services, according to the local government.

The cultural and creative companies can get stipends of up to 500,000 yuan, it said.

“Tianhe district is open and inclusive enough to develop the cultural and creative industry,” Mao said.

www.shlfcm.com


Shanghai strengthens 上海千花网tionsuangzhou’s Tianhe a

Making use of Guangdong-Hong Kong-Macao Greater Bay Area to become a hub

With its modern industrial system, Tianhe district in Guangzhou, South China’s Guangdong province, is seizing the oppo上海千花网品茶微信

rtunities brought about by the construction of the Guangdong-Hong Kong-Macao Greater Bay Area to become an

international first-class central business district, an international core area for innovation in science and t

上海千花网echnology, and a demonstration zone for Guangdong-Hong Kong-Macao cooperation.

Its solid industrial foundation and favorable business environment, as well as the gove

rnment’s strong policy support, attract large numbers of enterprises to the district.上海千花网品茶微信

By the end of November, 162 out of the Fortune Global 500 enterprises had invested in 228 proj

上海千花网ects in finance, science and technology, trade and commercial services in Tianhe. It is the city

‘s center for headquarters, with 104, or 29 percent of the total across Guangzhou, making Tianhe’s business dis

trict one of the three largest world-class central business districts in China. Among these, 95 percent of the h上海千花网

eadquarters in Tianhe are in the service sector and 25 headquarters are foreign-funded ventures.

上海千花网In the first three quarters of 2017, Tianhe’s GDP hit 304 billion yuan ($46 billion), up 9.5 percen

t year-on-year. Its GDP has been the highest among all the districts in Guangzhou for 10 years consecutively.

More importantly, experts said innovation, high-tech and service上海千花网

sectors have become the driving force of the district’s economic growth. The district go

上海千花网品茶微信vernment focuses more on quality rather than quantity when it comes to the economy.

With 53 innovation platforms and 51 startup incubators above city level, the district government is carrying out what it c

alls its “super incubator” strategy. It is making use of old industrial parks, factory workshops and public sites co上海千花网品茶微信

llectively owned by villagers to provide a platform for startups and to foster local economic growth. So far, Tianhe has cr

eated 29 of this kind of incubators for startups and innovation, covering a total area of 1.11 million square meters. The di

strict is also implementing a convenient “five-in-one” new business registration system.上海千花网品茶微信

As a center of finance and technology industries, Tianhe has 215 registered financial agencie

s and 33 enterprises listed on the stock market. It boasts 378 research and development institutes set u

p by enterprises, 86 institutes affiliated to universities and governments, and 239 engineering technology research centers.上海千花网品茶微信

Last year, 4,312 patent applications were submitted in Tianhe, 32 percent

of the city’s total and a rise of 45 percent year-on-year. Among these 1,158 patents were granted.

By the end of last year, Tianhe had 1,403 high and new-technology ent

erprises, as well as more than 50,000 science and technology enterprises.

www.shlfao.com