Many young people i亚博88娱乐场千花网isunderstood US

?citizens. Even many Americans disagree strongly with US politicians. The v

iolence part of Hong Kong protesters is what an average American would frown upon.亚博88娱乐场千花网

There was a “China is not an enemy” open letter to the US president recently in The Wa

亚博88娱乐场千花网shington Post by a group from the academic, foreign policy, military and business communities, overwhelmingly from

the US, including a former US ambassador to China and professors from Yale, MIT and Harvard.

The letter reads in part: “US opposition will not prevent the continued expansion of the Chinese economy, a greater global mar亚博88娱乐场千花网女神会所

ket share for Chinese companies and an increase in China’s role in world affairs…. We do not believe Beijing is an ec

nomic enemy or an existential national security threat that must be confronted in every sphere.”亚博88娱乐场千花网

It is imperative for the protesters to heal the wound now and clearly stay

away from the rioters. Identify the right crowd and recognize one incontrovertible fact-t

hat Hong Kong is part of China. Upholding the “one country, two systems” principle is the first step toward亚博88娱乐场千花网女神会所

restoring the rule of law in Hong Kong. Please do not become the ones you hated most. If Hong Kong becomes hell, you are

contributing to it, for, as the open letter mentioned earlier also says, “Efforts to isolate

China will simply weaken those Chinese intent on developing a more humane and tolerant society.”亚博88娱乐场千花网

The wrong crowd cannot represent you, and you are the most unique if you avoid the crowd and turn back now.

The auction of a prominent dragon-shaped building in Pangu Plaza in Beijing bega

亚博88娱乐场千花网n with a starting price of more than 5.18 billion yuan ($734 million) on Monday.

The auction, organized by the Beijing No 3 Intermediate People’s Court, is fo

r the 44-story No 5 building of the plaza near the National Stadium-also known as the B亚博88娱乐场千花网女神会所

ird’s Nest-on the capital’s north-south axis in Chaoyang district. It will end at 10 am on Tuesday.

Since the court put the building-related information on e-commer

ce platform Taobao in July, the auction has been viewed about 120,000 times.亚博88娱乐场千花网女神会所

But as of press time, just two people have registered to participate in the bidding.

According to the auction rules disclosed by the court, every participant should pay 1 billion yuan as a security deposit, a

nd the price will increase by 5 million yuan each time another participant joins.

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Describing the meeting i亚博88娱乐场千花网a between Xi and Ab

Abe as fruitful, Kono said Japan is expecting a state visit by Xi next spring and is will

ing to work with China “in various fields and face global challenges shoulder to shoulder”.亚博88娱乐场千花网品茶微信

Zhou Yongsheng, a professor and deputy director of the Japanese Studies Center at Ch

ina Foreign Affairs University, said, “As Sino-Japanese relations have shown signs o

亚博88娱乐场千花网f warming in recent years, both countries should cherish the momentum and build new relations featuring a shift fro

m competition to collaboration under the guidance of the strategic dialogue mechanism. Promo

ting Sino-Japanese ties will benefit the peace and prosperity of Asia and improve global governance.”亚博88娱乐场千花网

Noriyoshi Ehara, chief economist of Japan’s Institute for Inte

rnational Trade and Investment, said one perspective aris

亚博88娱乐场千花网品茶微信es because there is “little understanding of China among Japanese people”.

“Nowadays, more Chinese people have come to know Japan through tourism and education, but that is not the case for Japa

nese people. A majority of them know little about China,” Ehara said. “This will limit亚博88娱乐场千花网

further development of bilateral ties. So it is crucial to boost people-to-people exchanges.”

IMF report shows a pattern of stability that undercuts US charge against China?

China’s stance that it did not manipulate its currency is based on solid ground, and the country’s f亚博88娱乐场千花网品茶微信

irm resolve to refrain from competitive devaluation and to promote the coordination of int

ernational currency policy has contributed to global financial stability, officials and analysts said.

The latest report by the International Monetary Fund said that in 2018 the exchange rate of the Ch亚博88娱乐场千花网

inese yuan had been broadly in line with sound economic fundamentals for the medium term and th

at Chinese monetary authorities had barely intervened in the foreign exchange market.亚博88娱乐场千花网品茶微信

The report, released on Friday in Washington, was seen as supporting Ch

ina’s objection to being labeled “a currency manipulator” by the United State

s Treasury Department on Aug 5, according to officials and experts from home and abroad.

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Looking ahead, Yi stress亚博88娱乐场千花网tral bank, together

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88娱乐场千花网

eguard market entities’ legitimate and reasonable demands for using foreign currencies.

亚博88娱乐场千花网品茶微信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88娱乐场千花网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88娱乐场千花网品茶微信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88娱乐场千花网品茶微信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88娱乐场千花网

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88娱乐场千花网品茶微信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88娱乐场千花网

“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88娱乐场千花网品茶微信

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.

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Wang also attended a亚博88娱乐场千花网eeting held later on Fri

iday — the annual East Asia Summit foreign ministers’ meeting, which brings together dignitaries of 18 countries — all 10 ASEAN m

亚博88娱乐场千花网品茶微信embers, China, Japan, ROK, the United States, Australia, New Zealand, Russia and India.

At the gathering, Wang called on parties involved to secure the multilatera

l trading system with the World Trade Organization at its center, and said un亚博88娱乐场千花网

ilaterally imposed sanctions or additional tariffs are not helpful to resolving of trade issues.

Thai Foreign Minister Don Pra-mudwinai said that bolstering free trade was mentioned throughout the discussions.

亚博88娱乐场千花网品茶微信After the conclusion of an important meeting of the Commu

nist Party of China Central Committee, the participants said China seeks to make its fiscal policy more eff

ective and maintain “reasonably ample” liquidity. And instead of resorting to a stimulus in the real estate market, Ch亚博88娱乐场千花网

ina will lay emphasis on “proactive fiscal policy and prudent monetary policy”.

It is a challenging balancing act, but the right stance at the right time.

亚博88娱乐场千花网品茶微信Meanwhile, White House pledged to impose an additional 10 percent tariff on Chin

ese imports to the US, which caused US stocks to tank 280 points. The White House needs a scapegoat as the Fed cuts can

not offset Trump’s tweet policies, US growth is slowing and a slowdown is looming in 2020.

The CPC Central Committee seeks to avoid targeted but costly stimulus polic亚博88娱乐场千花网

ies, which could exacerbate new risks of asset bubbles over time, while ensuring adequate fiscal support. Since in

frastructure investment remains relatively soft by historical standards, fiscal easing on investment is likely in the s

亚博88娱乐场千花网品茶微信econd half of the year. And it could be tilted toward small enterprises and startups.

This year’s growth to be within range

Moreover, fiscal easing is likely to be coupled with monetary support, including cuts in the banks’ reserve r亚博88娱乐场千花网

equirement ratio. Although the fiscal easing tilt could cause downward pressure on Chinese bond yields and co

rporate spreads in the near future, the big picture suggests stabilization and resilience.

亚博88娱乐场千花网品茶微信In the second quarter, the Chinese economy grew 6.2 percent compared with 6.4 percent in the

first quarter, but that was hardly surprising in view of the global challenges. China’s econ

omic growth is within the target range of 6 percent to 6.5 percent set by t亚博88娱乐场千花网品茶微信

he government. Indeed, a growth rate of 6.2 percent for the whole of 2019 rema

ins achievable even if growth stabilizes around 6 percent to 6.2 percent in the second half.

www.hheeh.cn

Yet the differences can亚博88娱乐场千花网he points where th

Chinese and Western elements and values can find common ground. A good example being the part in the trailer where the matchmaker describes the qu

alities that make for a good wife, namely a woman being “quiet, composed, graceful, disciplined”. This is said with M亚博88娱乐场千花网品茶微信

ulan appearing in two images. One has her dressing as a woman, the other with her practicing sword. Obviously Disney de

亚博88娱乐场千花网scribed Mulan as a warrior, an independent female who can save herself instead of waiting for someone to save her.

That’s a good point where Chinese and Western values are similar because gender equality and female independence are亚博88娱乐场千花网

now valued in both cultures. It will strike a chord with both Chinese and Western audiences.

亚博88娱乐场千花网品茶微信But whatever styles her clothes and makeup follow, Mulan is a Chinese legendary heroine and she embodies the virtues of Chinese wo

men. Disney’s Mulan should also prompt the Chinese movie industry to make better use of Chinese stories. Chinese scriptwriters an

d directors can well tell stories about Chinese ancient heroes to the world, instead of waiting for Disney or H亚博88娱乐场千花网

ollywood to tell them. Good stories move audiences of the whole world because their hearts are interconnected.

亚博88娱乐场千花网品茶微信The top 500 Chinese companies saw their revenue reach 45.5 trillion yuan, an increase of 14.8 perce

nt year-on-year, accounting for more than a half of China’s GDP that broke through 90 tr

illion yuan last year, according to Fortune magazine’s Chinese edition on Wednesday.

The net profits of the 500 companies reached 3.635 trillion yuan, up 4.21 percent from a year earlier, and the threshold to list in China’s Fortune 500 r亚博88娱乐场千花网品茶微信

anking rose to 16.23 billion yuan revenue, up by 17 percent year-on-year, said the magazine.

The top three companies are China Petroleum & Chemical Corporation (Sinopec), Petrochina Company Limited and China亚博88娱乐场千花网

State Construction Engineering Corporation Limited, with 2.89 trillion yuan, 2.35 trillion yuan and 1.3 tr

illion yuan in revenue, respectively, and 63.09 billion yuan, 52.59 billion yuan and 38.24 billion yuan in profits, respectively.

亚博88娱乐场千花网品茶微信The top 10 most profitable companies are China’s “Big Four” banks – Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of Ch

ina and the Bank of China – ?and China Mobile Limited, Ping An Insurance (Group) Company of China Ltd, China Me

rchants Bank Co Ltd, Tencent Holdings Ltd, Bank of Communications Co, Ltd and Alibaba Group Holding Ltd, a亚博88娱乐场千花网品茶微信

nd their total profits reached 1.46 trillion yuan, accounting for 40.3 percent of the 500 companies’ profits.

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Apple said in a state亚博88娱乐场千花网c Pro ise said in a s desig

signed and engi亚博88娱乐场千花网neered in California and includes components from several countries in

cluding the United States”, and “final assembly is only one part of the manufacturing process”.亚博88娱乐场千花网

Apple has been expanding its R&D push in China, one of the world’s largest consumer

亚博88娱乐场千花网electronics markets. Since 2017, it has established four R&D centers in the country – one each in Beijing, Sh

enzhen, Shanghai, and Suzhou – entailing a combined investment of 3.5 billion yuan ($509 million) and em

ployment for over 1,000 people dedicated to innovation in hardware, software and services.亚博88娱乐场千花网

More efforts are needed from Chinese companies to explore the potential of massive data as mounting firms globally own “d

亚博88娱乐场千花网女神会所ark data” and very few know how to use it, an industry insider said during the three-day Annual Meeting of the New Ch

ampions 2019, also known as Summer Davos, which ended Wednesday in Dalian, Liaoning province.

“Many companies or organizations didn’t fully realize the potential of “da

rk data”, which refers to all the unknown and untapped data generated by an org亚博88娱乐场千花网女神会所

anization’s systems, devices and interactions”, said Song Haiyan, senior vice-president and general manager of se

亚博88娱乐场千花网curity markets of Splunk, a US company leveraging software to search and analyze data.

“The chaos of being unable to deal with such data creates tremendous opportu

nities for motivated companies to learn, as well as for Splunk to empower them to use it,” she said.亚博88娱乐场千花网女神会所

Another challenge for companies using data is that they tend to simply collect d

ata but do not use it to predict something that they don’t even know, she added.

亚博88娱乐场千花网女神会所In the wake of such problems, Song said Splunk has integrated some premium solutions, including artificial int

elligence, across the platform to help companies better use “dark data”, as well as predict future outcomes.

Splunk, founded in 2003, is a Nasdaq-listed company. Its total revenues hit $425 mil亚博88娱乐场千花网女神会所

lion for its fiscal first quarter ending April 30 this year, which was a 36 percent increase year-on-year.

“I am glad to see that here in China, companies are putting the use of AI into a higher-than-ever role in their b

usinesses,” she said, adding that she was confident about business growth in the country.

www.ganghuiyinyue.cn

loser bonds formed at in亚博88娱乐场千花网forume Sino-Sing

The Sino-Singapore Knowledge Forum was held in the city-state at the Four Seasons Ho

tel on Friday, when officials and top executives from both sides signed numerous agreements.亚博88娱乐场千花网

It was the first time that the annual event has been held in Singapore. Previously, it had been hosted in Guangzhou, Guangdong province for the past five years.

亚博88娱乐场千花网品茶微信As a flagship project of the Sino-Singapore Guangzhou Knowledge City, an example of bilateral cooperation, the SSK

F is currently the only high-level forum that is now taking turns to be held in China and Singapore, its organizers said.

Themed “forging new frontiers – all-round opening-up and innovation-driven development”, this year’s f亚博88娱乐场千花网

orum was designed to tap the collective intelligence of think tanks, experts and business leaders from China and Singapore.

At the event, trending topics were explored during panel discussions regar

亚博88娱乐场千花网品茶微信ding future cooperation and development between the two countries, the organizers said.

An estimated 250 guests from Singapore and China attended, following the Singa

pore-Guangdong Collaboration Council’s ninth meeting, which was held the morning of the same day.亚博88娱乐场千花网品茶微信

A series of agreements were signed during the meeting.

Among them was a memorandum of understanding for the development of an international artificial intelligence innov

亚博88娱乐场千花网品茶微信ation center funded by TUS Financial Group from China and Ascendas-Singbridge Group from Singapore.

In response to the Chinese government’s drive to create an international in

dustry innovation hub in the Guangdong-Hong Kong-Macao Greater Bay Area, the center is pl亚博88娱乐场千花网

anned to be built at the Sino-Singapore Guangzhou Knowledge City and leverage its research and de

velopment resources to achieve breakthroughs in core chip technologies, local officials said.亚博88娱乐场千花网品茶微信

The Sino-Singapore Guangzhou Knowledge City is located in the Guangzhou Development District.

www.hbLumei.com

Liu Xiangdong, a rese亚博88娱乐场千花网the China Center for Int

ternational Economic Exchanges, said besides the policies launched to further stimulate c

亚博88娱乐场千花网onsumption upgrade, the authorities needed to regulate the consumption environment in elderly car

e, healthcare and information while easing market entry in the healthcare, education and elderly care industries.

亚博88娱乐场千花网Foreign companies are also showing a positive attitude toward the Chinese market.

“The implementation of more opening-up policies in the field of consumption is contributing to the shift of China’s econom

ic growth model from investment orientation to consumption orientation, which is more sustainable,” said St亚博88娱乐场千花网品茶微信

phane Rinderknech, CEO of L’Oreal China, one of the world’s leading beauty products makers.

“Today, we are more confident than ever in developing and seizing opp亚博88娱乐场千花网

ortunities in China. With a continuously improving business environment, consumers’ trust and

our great China dream team, we are confident in making China the number one market for L’Oreal Group in the near fut

亚博88娱乐场千花网品茶微信ure,” he said. “We hope the joint efforts between the Chinese government an

d companies will further stimulate China’s domestic consumption and benefit consumers.”

Faced with trade friction with the United States, experts believe consumption will play a major

role in offsetting the negative impact on trade and putting economic growth on a firm footing.亚博88娱乐场千花网品茶微信

“China is a market with a population of 1.4 billion and 400 million middle-income earners, and there is a strong dem

and for consumption upgrade,” said Wang Bin, an official at the Ministry of Commerce. “The domestic consumption ma

rket is full of potential and it is China’s biggest advantage to maintain long-term stable development.”

Rural areas offer more consumption potential, according to experts.

“The country’s exports in the first five months (of 2019) had been increasing but at a slower pace… in the future, the trade surp

lus will inevitably narrow,” said Xu Hongcai, deputy chief economist at the China Center for International Economic E

xchanges, arguing that the degree of dependence on foreign trade will decrease.

He said the country needed to turn to domestic demand to power ec

onomic growth, and the country’s ongoing urbanization offered large potential.

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With the rapid develo亚博88娱乐场千花网女神会所tificial intelligen

nce and other tec亚博88娱乐场千花网女神会所hnologies, some traditional professions will be replaced by new ones and universities n

eed to update their specializations so as to meet the changing demands of the workplace.

If anything, the national college entrance examination can be compared to a way station in a person’s life journey. It is hard to do a great job in?gaokao, but it is even

harder to equip oneself well enough, whether at college or not, for what will unfold in the next section of the journey.

The growing number of?gaokao?examinees has resulted in an intensified scr

amble to squeeze through the doors into university, with accompanying pressure of being a winner or lo

ser in that competition. Yet the changing nature of work means that for some, vocational education may be the bes

t way station that better serves their interests and offers the path to a rewarding career.

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Buildings at Tesla’s Sh亚博88娱乐场千花网女神会所 nearly complete

Construction on 亚博88娱乐场千花网女神会所the buildings at Tesla’s Shanghai plant has almost completed and the production equ

ipment is being prepared for installation, the auto news website Eelectrek reported on Sunday.

However, a representative at Tesla’s China branch said the plant is not yet finished, and these details are the same as th

e news released at the Tesla shareholders’ meeting, according to National Business Daily.

With an investment of over 50 billion yuan ($7.22 billion), the Shanghai plant, or Gigafactory 3, is the co

mpany’s first manufacturing facility outside the US and the first wholly foreign-funded automotive production project in China.

China is the world’s largest new energy automobile market, so

having manufacturing capacity in the country will help Tesla avoid increasingly unce

rtain import tariffs because of the trade tension between China and the US, said the new website.

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