ith the State Administration of Foreign Exchange, would maintain stab
ility and continuity of the country’s foreign exchange management policy and saf亚博贵宾千花网
eguard market entities’ legitimate and reasonable demands for using foreign currencies.
亚博贵宾千花网品茶微信More efforts will be made to deepen the reform and opening up in the field of foreign e
xchange, promote the liberalization and facilitation of cross-border trade and
亚博贵宾千花网investment and better serve the real economy and the country’s comprehensive opening up, Yi pledged.
China reiterated that United States accusations that it hasn’t yet beg
un buying US agricultural products are groundless and it is continuing to imp
lement previously signed agreements for soybean purchases, the National Development and Reform Commission said.
The NDR亚博贵宾千花网品茶微信C, the country’s top economic planner, said Chinese companies have recently purchased US crops such as so
ybeans, adding there are some pending deals due to the lack of price competitiveness.
From the G20 Summit in Osaka, Japan, in late June until the end of July, 2.27 million metric to
亚博贵宾千花网品茶微信ns of US soybeans were shipped to China, according to the NDRC. Another 2 million tons of soybeans are exp
ected to be shipped this month. The two countries have signed deals for 14 million tons of soybeans so far this year.
Since July 19, Chinese companies have inquired with US exporters亚博贵宾千花网
about prices for such agricultural products as soybeans, sorghum, wheat, corn and ethanol.
As of Friday, they had made deals for 130,000 tons of soybeans, 120,000 t
亚博贵宾千花网品茶微信ons of sorghum, 75,000 tons of hay, 60,000 tons of wheat, 40,000 tons of pork and po
rk products, 25,000 tons of cotton, 5,700 tons of dairy products, 4,500 tons of processed fruits and 400 tons of fresh fr
it. Chinese enterprises will apply to the Customs Tariff Commission of the State Council for exemption from tariffs.亚博贵宾千花网
“China and the US are highly complementary in the agricultural sector, and it is in the common interests of bo
th sides to trade foodstuffs with each other. After the two leaders met in Osaka, China has demonstrated great亚博贵宾千花网品茶微信
goodwill and positive efforts in purchasing US crops, and has already made considerable progress,” Cong
Liang, NDRC secretary-general, said during a recent interview with China Central Television.
anuary 2017, he pledged GDP growth at 4 percent. More recently, he projected
亚博贵宾千花网女神会所US growth at 3 percent. Yet analysts estimate US growth this year at 2.5 percent or less. Quali
tative assessments suggest deterioration, as the growth of domestic demand is slumping.
Worse, US GDP growth forecasts for 2020 indicate softening to 1.8 per亚博贵宾千花网
cent, possibly a (near-recession) slowdown－especially if trade and tech wars still
escalate. In the absence of negative surprises, China’s GDP growth is lik
亚博贵宾千花网ely to stay within the target of 6.2 percent in 2019 and possibly in 2020 as well, with
supportive fiscal and monetary conditions. US tariff wars are likely to penalize the Chinese economy by less
亚博贵宾千花网女神会所than 0.5 percent of GDP, which could be offset by just a modest depreciation of the renminbi.
If recent policy mistakes in the White House prevail, slower growth in i
nvestment spending, rising concern for continued trade wars and destabilizing geopolitics are likely to foster downside亚博贵宾千花网
risks in global economic prospects, as risks for further downgrades morph into actual realities.
The author is the founder of Difference Group and has served at India, China and
亚博贵宾千花网女神会所America Institute (US), Shanghai Institutes for International Studies (China) a
nd the EU Centre (Singapore). The views of the article do not necessarily represent those of China Daily.
Key indexes decline as US threat to impose tariffs rattles global investors亚博贵宾千花网
China’s A-share market, together with other Asian peers, tumbled on Friday, after the
unexpected tariff threat from the United States overnight rattled investors globally.
亚博贵宾千花网女神会所The benchmark Shanghai Composite Index fell by 1.41 percent to close at 2867.84 poi
nts, while the smaller Shenzhen Component Index ended 1.42 percent lower at 9136.46 points.
More than 3,000 shares, or 85 percent of the shares listed on mainland bourses in total, registered losses on亚博贵宾千花网
Friday, with brokerages, energy equipment manufacturers and the shipping sector leading the fall.
亚博贵宾千花网女神会所Low investor sentiment was witnessed in other Asian bourses on Friday, with Hong Kong’s Hang Seng, Japan’s Nikkei a
nd South Korea’s Kospi losing 2.35 percent, 2.11 percent and 0.95 percent, respectively.
Well, we were showing in Paris, London and New York, but three years
ago we went into the mainland. We luckily found a showroom?that could help us. The mainla亚博贵宾千花网女神会所
nd’s market is hard, because stores are very new; brands might not have a website, just WeChat. But sales have
亚博贵宾千花网grown from our first season to now and it has been significant. The mainland has overtaken my orders from Europe. And of cour
se, the scale is different. We have around 25 points of sale there now. So yes, we’re focusing more and more on the mainland.亚博贵宾千花网女神会所
Do you design especially for the mainland market?
We do tailor some of our designs, yes. I sometimes follow trends, but we c亚博贵宾千花网
are more about ourselves and our feedback from the buyers, who will tell us what sol
d well last season. We take that and move forward. But if the buyer says a particular fit works, or a certain color, we亚博贵宾千花网
will expand on those things. So we take about 50% of outside advice and add 50% of our own ideas.
The media seems to portray the brand as being for fashionistas, yet Cynthia & Xiao doesn’t feel entirely that way. Would you agree?
亚博贵宾千花网女神会所Yes. It’s for fun kinds of girls who feel comfortable with themselves. We
do get some cool fashionistas who might wear our stuff and some Hong Kong KOLs [key opin
ion leaders]. But I don’t see our brand as a KOL thing. I’d rather have more people wearing and touching the prod亚博贵宾千花网
uct than a KOL endorsement. I also don’t have a massive inventory of stuff, so I don’t need some super high-profile K
亚博贵宾千花网OL. It’s about the right balance.Hongkongers don’t really seem to support their local designers – or their artist
s for that matter, either. But isn’t the current digital age meant to be all about disruption, inclusion and youth?
The mainland is also such a different kind of vibe from Hong Kong. They like that “girl-next-door” look, which is very relatable. These亚博贵宾千花网
influencers are really successful, but you don’t know who they are. It’s a different type of visibility.
We find color just works. When we started out, the palette was more muted, with navy and grey – the idea being that pieces
亚博贵宾千花网女神会所could be mixed and matched. But as we’ve grown, we’ve incorporated more color – lots of it! [laughs] – like yellow, r
ed, orange, neon green… stuff that’s really in-your-face. And they sell really well for us. The consumers seem to love it.
What’s your best-selling piece?亚博贵宾千花网女神会所
Our favorite shape is something we call “oversize”. For some girls, it could literally be a dress,
but you would have to wear something underneath. Let’s just say it covers the bottoms and is our best-sel
ling shape no matter what we do. Then again, they also don’t want something too long. They like above the knee. If you co亚博贵宾千花网
ver the knee, you look short. And of course, the aim is to look both short and thin. In Sha亚博贵宾千花网女神会所
nghai, we always go shorter – a more fitted shape. Sometimes we make longer pieces, too.
ectors have been a “wild west” where Chinese firms did not hesitate to
copy each other or foreigners. But, as China has developed its own technology and moved u亚博贵宾千花网品茶微信
p the value chain, protecting intellectual property rights has become a high priority for the government.
亚博贵宾千花网At the China Development Forum in March, Vice-Premier Han Zheng emphasized: “We w
ill step up our efforts for IPR protection as well as law enforcement in various aspects, and establish a sy亚博贵宾千花网
stem of punitive punishment for IPR infringement to significantly raise the cost of violating the law.”
亚博贵宾千花网品茶微信And, President Xi announced that China will strengthen intellectual property rights protectio
n in his April speech to the second Belt and Road Forum for International Cooperation.亚博贵宾千花网
Also, the removal of the requirement that foreign companies enter in
亚博贵宾千花网to joint ventures should alleviate any fears about mandatory technology transfers.
Financial market reforms
Reform of the financial sector is moving especially rapidly. China will allow full foreign ownershi亚博贵宾千花网
p of securities firms, futures businesses and life insurance companies by 2020, a year earlier than was s
亚博贵宾千花网品茶微信cheduled, Premier Li Keqiang told the Summer Davos Forum. Foreign institutions will be offered treatment e
qual to that of domestic companies in credit references, credit ratings and payments, he said.
Li emphasized that this reform is part of a broader push to force domestic亚博贵宾千花网
firms to upgrade as they face foreign competition. “Further opening to foreign investors, we are no
亚博贵宾千花网品茶微信t just providing them with opportunities to enter the Chinese market. We are also providing opportu
nities for the financial sector to upgrade and to improve its quality on a level playing field,” Li said.
Measures to boost private sectorThe Chinese government has also recently announced mea亚博贵宾千花网品茶微信
sures to improve the availability of credit for the private sector and reduce taxes on it.
In a discussion with foreign CEOs at the Summer Davos meeting, Li noted that small and medium-sized companies and private e亚博贵宾千花网
nterprises provide over 80 percent of employment in urban areas and 60 percent of GDP.
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.亚博贵宾千花网品茶微信
Tan, who gave three shows in Yantai in 1868, was the first Peking Opera master who performed in Yantai.
亚博贵宾千花网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亚博贵宾千花网品茶微信
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
亚博贵宾千花网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.亚博贵宾千花网
Meanwhile, according to Zhang Zuling, the director of Yantai Municipal Bureau of Culture and Tourism, Yantai has 10 pr
亚博贵宾千花网品茶微信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亚博贵宾千花网品茶微信
liberation during the War of Resistance Against Japanese Aggression (1931-1945), was premiered by Yantai Pekin
亚博贵宾千花网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亚博贵宾千花网品茶微信
antai. It’s a great platform to revitalize the old art form among the young students.”
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亚博贵宾千花网品茶微信
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
亚博贵宾千花网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.亚博贵宾千花网品茶微信
By the end of November, 162 out of the Fortune Global 500 enterprises had invested in 228 proj
亚博贵宾千花网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亚博贵宾千花网
eadquarters in Tianhe are in the service sector and 25 headquarters are foreign-funded ventures.
亚博贵宾千花网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亚博贵宾千花网
sectors have become the driving force of the district’s economic growth. The district go
亚博贵宾千花网品茶微信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亚博贵宾千花网品茶微信
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.亚博贵宾千花网品茶微信
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.亚博贵宾千花网品茶微信
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.
ade has a special place in Chinese culture. Ancient bone and bronze inscriptions tell us that jade was offered as trib
ute to the gods. The Liangzhu site has yielded more than forty various types of jade vessels. But items bearing the an亚博贵宾千花网
imal-god image have only been found in the finest tombs. Perhaps it was priests who were buried there.
亚博贵宾千花网女神会所The god is wearing a distinctive headdress with lines radiating outwards. Similar symbol
ism is also evident in the seven-thousand-year-old Hemudu culture. Are the two somehow connected?
?England — Rafael Nadal was up near the Centre Court net when Nick Kyrgios smacked a booming forehand directly at the亚博贵宾千花网
guy’s midsection — right at him, on purpose — and earned a lengthy staredown in return.
亚博贵宾千花网Kyrgios didn’t apologize, at the time or at his news conference — for that or for be
rating the chair umpire or for spending time at a local pub the night before the match.
Rarely does Kyrgios offer regrets, for much of anything. Instead, h
e tends to double down. He is nothing if not fascinating. He is talented, too. And yet it wa亚博贵宾千花网女神会所
s Nadal who emerged from all of the tumult Thursday at Wimbledon to beat Kyrgios 6-3, 3-6, 7-6 (5), 7-6 (3) in a sec
亚博贵宾千花网ond-round match boasting plenty of dramatics, a dose of animosity and delightful play by both men.
“I’m always willing to go out there and try and put on a show. I know peo
ple that bought a ticket today probably had a great day,” said Kyrgios, a 24-year-old Au亚博贵宾千花网
stralian who is ranked 43rd. “At times today, I was looking around: This is Wimbledon, playing Rafa. … But I’ll p
亚博贵宾千花网女神会所robably wake up tomorrow (and) there will be something negative about it, for sure.”
Kyrgios is capable of being as entertaining and befuddling a pl
ayer as there is and showed why throughout this 3-hour-plus contest that overshadowed ev亚博贵宾千花网
erything else going on around the grass-court Grand Slam tournament on Day 4.
Defending champion Angelique Kerber was upset by Lauren Davis, a
亚博贵宾千花网女神会所n American who lost in qualifying but got into the main draw when someone else withdrew. Se
ven-time champion Serena Williams needed a comeback to win in three sets against an 18-year-old qualifier.
China’s Ministry of Foreign Affairs presented Fujian province to the world at an event on亚博贵宾千花网女神会所
Friday in Beijing co-organized by the ministry and the People’s Government of Fujian province.
The event was held in the ministry’s South Building and was the
med China in the New Era: Eco-friendly Fujian, Gateway for the Maritime Silk Road.
Fujian province, birthplace of ancient Maritime Silk Road, bears an important role as the core of the 21st Century Maritime Silk Road.
The symbols inscribed on the Cong also appear on other Neolithic relics. This raises the quest
ion of how, at the dawn of history, ancient cultures interacted with one another across China’s vast territory.
Gazing at us from 5,000 years ago, these eyes seem to be summoning us back to the ancient past.
rch center at t亚博贵宾千花网品茶微信he administration, the Center of Sh
anghai International Film and TV Festival and the audiovisual communication research ce亚博贵宾千花网
nter at Peking University, about 1,500 films were screened exclusively online in 2018, a drop from 2,400 in 2016.
The drop is partly a result of the rising budgets for online movies, which as the survey also shows, have gr
own a hundredfold, surging from several hundred thousand yuan in 2015 to tens of millions of yuan in 2018.亚博贵宾千花网品茶微信
“We hope to see the quality of films continue to improve as more budget is alloca
ted to such projects,” says Lu Di, director of the research center at Peking University.亚博贵宾千花网
Ma Zhongjun, founder of Shanghai-based Ciwen Media and a Chinese pla
ywright, stated at the summit that some key elements of quality online works are inn
ovation, either in characters or plots, and a smooth and rigorous film production process ranging from the choic
亚博贵宾千花网品茶微信Before this year’s parliamentary elections, political groups in the parliament na
ed their lead candidates for the President of the European Commission, and they campaigned ac
ross the EU. But none of them was nominated to the most important EU position on Tuesday.
Iratxe Garcia, who leads the Socialists and Democrats bloc in the European Parliament, and Terry Reintke, deputy lea亚博贵宾千花网品茶微信
der of the parliament’s Greens group, both voiced their disappointment in the nomination.
Jean-Claude Juncker, current President of the European Commission, agreed Tuesday’s nomination wouldn’t be easy in the Parliament.
However, according to German Chancellor Angela Merkel, von der Leyen faced no亚博贵宾千花网品茶微信
opposition in the European Council, made up by leaders of the EU’s 28 member states.
“After all, Europe is a woman,” said Donald Tusk, current President of the European Council who chairs the leaders’ meeting.
e small and medium-sized enterprises, many of which are family businesses and contribute the greater part of the country’s GDP.
“亚博贵宾千花网Poland is known worldwide for the q
uality of its food, such as apples and milk, which are already available on the Chinese m
arket. We believe that Chinese consumers will be more open for new tastes of Polish food in the near future,” Skoczek said.
He said the CISMEF is an international event which features the highest level, largest scale and most wid
e-ranging influence in the Asia-Pacific region and specially serves SMEs. Over the past 13 years, 16 countries and international organizations in Asia, Europe, Oceania, America (North亚博贵宾千花网
America and South America) and Africa have been invited to host the exhibition, with its international influence growing year by year.
The 14th CISMEF will feature South Africa and the United Nations Industrial Development Organization (UNI
DO). With an exhibition area of more than 1,000 square meters, South Africa will appear with more than 70 characteristic enterpris亚博贵宾千花网女神会所
es in industries such as agriculture, and services, to promote and present distinctive local products, industrial investment environment and cultural customs. UNIDO will set up
a special promotion area in the International Hall to popularize the knowledge of industry, and provide technical support and projects needed by SMEs.亚博贵宾千花网
Currently, 31 countries, regions and organizations have confirmed their participation and booked 1,028 booths, including South Africa,
UNIDO, Egypt (first time), Malaysia, Thailand, Cambodia, Myanmar, Greece, the UAE, the United Nations Office for South-South Cooperation, Japan, Poland, Sri Lanka, Russia, Sou
th Korea, Vietnam, Bulgaria, Iran, Nigeria, Germany, Indonesia, the USA, Spain, Australia, Qatar, Brazil, New Zealand, Israel, Taiwan, Hong Kong and Macao.
亚博贵宾千花网女神会所Responding to the national strategy of opening up, the fair will host several international pavilions featuring the Belt and R
oad; China-Africa Cooperation Mechanism and the Guangdong-Hong Kong-Macao Greater Bay Area; Africa pavilion; Central and Eastern Euro
pe pavilion; Middle East pavilion and Hong Kong; and the Macao & Taiwan pavilion will be set up to present distinctive products and 亚博贵宾千花网女神会所quality services.
A wide range of practical events, such as the second Asia-Europe SME Financing Seminar, SME Cross-border M
atchmaking Seminar and Business Promotion of Overseas Exhibition Groups and Purchase Presentation, will be held conc
urrently to build a capital, technology and intelligence networking platform for Chinese and foreign SMEs.
With 6,000 standard booths and an exhibition area of 150,000 square meters, the 14th CISMEF is hosted by the Ministry of Industry and Info
rmation Technology of the People's Republic of China, the State Administration for Industry & Commerce, the People
's Government of Guangdong Province, the Department of Small Business Development of South Africa and UNIDO.
The annual China International Small and Medium Enterprises Fair has played an increasin
亚博贵宾千花网女神会所gly important role of strengthening cooperation between Chinese business owners and their overseas counterparts, said the event’s organizers.
This year’s fair will start on Oct 10 in Guangzhou, capital of Guangdong province, with 6,000 booths that cover a total area of 150,000 square meters.
Over the past 13 years, more than 8,200 overseas companies had participated in the fair,亚博贵宾千花网
and 16 countries and international organizations had served as co-hosts of the event.
Following Russia and India, South Africa becomes a co-host of the fair this year, showing the important role of the fair of promoting trade and
亚博贵宾千花网女神会所economic cooperation among members of BRICS, a commonly used acronym for the emerging-market economies of Brazil, Russia, India, China and South Africa.
International business fair promotes entrepreneurial cooperation, trade
The United Nations Industrial Development Organization is another co-host of this year’s event.
“Thanks to its growing importance of promoting cooperation among global SMEs, more countries and international organizations have shown their interests in co
-hosting the event,” said He Zuoxian, deputy director-general of the Guangdong SME Bureau and director-general of the Bureau of CISMEF.亚博贵宾千花网
He said a growing number of countries, including the United Arab Emirates, Nigeria, Britain and Israel, are preparing to s
end delegations to the event and will talk to the organizers about possible cooperation with the fair in future years.亚博贵宾千花网女神会所
Edith Vries, director-general of the Department of Small Business Development of South Africa, said the annual CISMEF has become a global sta
ge where the country’s entrepreneurs display their products to the international market.
“We intend to use the fair as a platform to unlock markets for our small businesses and cooperatives,” Vries said.