rnational businesses, cross-border financial services, frontier technology research and devel
上海会所opment and cross-border services trade, and speed up the industrial upgrading of existing companies.
The plan says the new area will be granted greater administrative power for self-development, self-reform and self-innovatio
上海会所品茶微信n, and regularly promote its experience to spearhead a new round of reform and opening-up of the Yangtze River Delta.
The government will support the new area to foster more mature institutional and adm
inistrative systems and motivate market entities to participate in the international market, said Wang. 上海会所
Wang Xin, director of the research bureau of the People’s Bank of China (PBOC), the
country‘s central bank, said the PBOC will actively support the Shanghai Pilot Free Trade Zone construction. 上海会所品茶微信
The central bank will implement on trial basis more open, convenient and freer financ
e policies in the Lingang area, building a new open and innovative highland of finance, the director added.
hina on Tuesday voiced strong opposition to the US decision to label it “a currency manipulator,” stressing that China has nev 上海会所
er resorted to competitive devaluation and will not use the currency as a tool to deal with trade disputes.
In a response to the designation, China’s central bank refuted the unilateral move, saying the labe
l does not meet the quantitative criteria for the so-called “currency manipulator” set by the US Treasury. 上海会所品茶微信
“The US labeling is an arbitrary unilateral and protectionist
practice, which seriously undermines international rules and will significantly i
上海会所mpact the global economy and financial markets,” the People’s Bank of China (PBOC) said in an online statement.
US TYPICAL MAXIMUM-PRESSURE TRICK
Ronald Wen, a Hong Kong-based senior banker, said the alleged currency manipulatio 上海会所品茶微信
n is a new weapon used by the US in the trade friction with China, sending a signal that t
he US-waged trade war is being expanded to more fields, including forex and financial markets.
ue to their cost advantage and rapidly growing domestic demand driven by income growth form the basis of their expan
上海会所ding scales. But the greatest factor driving Chinese enterprises’ continuous development is innovation.
Reform will promote innovation. Innovation will generate new demand and prompt Chinese enterprises to impr
上海会所品茶微信ove their quality, while technological innovation is key to their development and expansion. And to c
hange their long-term dependence on low-end products, the Chinese companies, with the government’s active h
elp, have invested more in research and development to facilitate their qualitative growth and expansion.上海会所
Last year, China’s total investment in R&D accounted for 2.18 percent of GDP, equivalent to the average of OECD countries, with the average R&D intensity o
上海会所f high-tech enterprises and A-share listed companies being about 3 percent and 4.87 percent.
Higher R&D investment has increased the enterprises’ capacity for independent innovation and competition advantage.
In particular, since the 18th National Congress of the Communist Party of China in November 2012, which for上海会所
mulated the innovation-driven development strategy and five new development concepts, Chinese en
上海会所品茶微信terprises have increased R&D investment and achieved remarkable breakthroughs in core technologies. In
fields as important as aviation, railways and 5G technology, Chinese enterprises have even taken a leading position.
Huawei is a good example of an innovation-driven high-tech Chinese company.上海会所
For years Huawei’s R&D intensity has been above 14 percent. In actual terms, Huawei’s R&D investment las
上海会所品茶微信t year was 101.5 billion yuan ($14.77 billion)－the fifth-highest in the world and more than that of Microsoft, Apple an
d Intel. Also, by the end of last year, Huawei had more than 87,800 global patents. No wonder Huawei’s R&D in
vestment and abundant innovation have placed Huawei at 61 on the 2019 Fortune Global 500 list.上海会所品茶微信
And despite Washington preventing US companies from selling components to Hua
wei in the first half of this year, the company’s mobile phone shipment grew continuously.
上海会所Since the beginning of this century, Chinese companies have been
applying or trying to apply modern information technology to improve production and ope
rations. The Internet Plus strategy has helped expedite the integration of enterprises and the inte上海会所品茶微信
net. And many enterprises have achieved rapid growth by making use of innovative business models thanks to IT.
same company, which has been tirelessly suppressed and vilified by the US government
上海会所It is interesting to see that its “operational error” excuse came shortly aft
er the US government included Huawei on its entity list for export controls.
Even more interesting is that the shipper sued the US Commerce Department on June 24 to stop th上海会所品茶微信
e agency from enforcing the export regulations against it. The company said in its statement annou
ncing the lawsuit: “FedEx is a transportation company, not a law enforcement agency.”
上海会所In the lawsuit, the shipper complains that to comply with the export controls it has to screen the na
mes and addresses of senders and recipients prior to delivering any package in order to identi
fy whether the senders and/or recipients are on the Commerce Department’s entity list.上海会所品茶微信
It seems that FedEx is just the fall guy for the US government.
It is natural for its Chinese customers, particularly those that are on the list or supplier
上海会所s to the listed entities, to feel uneasy about tasking the US company with their deliveries given that it seems pro
ne to acting as a tentacle of the long-arm jurisdiction the US government so delights in.
China has announced it is drawing up an unreliable entity list and FedEx上海会所品茶微信
seems likely to be one of the companies named on it. But for that, it only has itself to b
lame, or the US government, which always likes to get others to do its dirty work.
China welcomes any law-abiding foreign companies, b
上海会所品茶微信ut it will not turn a blind eye to those who try to bend it — whatever the reason.
The Ministry of Foreign Affairs on Friday criticized violence during recent protests in the H
ong Kong Special Administrative Region, saying it tainted the city’s image, seriously ch上海会所
allenged the rule of law and jeopardized the city’s security, stability and public order.
上海会所品茶微信At a news briefing in Beijing, ministry spokeswoman Hua Chunying also decried attempts of the city’s nongovern
mental Civil Human Rights Front to suggest 61 foreign countries and regions issue travel alerts for Hong Kong.
personnel to 24 United Nations peacekeeping operations. C
上海会所品茶微信35hina also had trained more than 1,500 peacekeeping personnel for dozens of other countries.
The naval hospital ship CNS Daishandao, also known as the Peace上海会所
Ark, has visited 43 countries and treated more than 230,000 people since 2009.
Lieutenant Colonel Tong Zhen, an expert on foreign military affairs from the PLA Academy of Military Science, said the world is ge
上海会所nerally peaceful, but various security uncertainties and threats are emerging and no country can tackle them alone.
“The PLA is actively shouldering its international responsibilities and duties com
mensurate with a major military power,” she said. “It has been and will continue上海会所品茶微信
to be a staunch ally for world peace, and a bridge builder for regional and global security cooperation.”
Perfect composition, organized chaos and bright, vibrant colors are what make viewers dec
上海会所ide to follow British travel photographer Jord Hammond’s Instagram account in the first few seconds.
Scrolling through the potpourri of appealing scenes he’s captured from around t
he globe, with Asian countries in his cross-hairs, one can’t help but gleefully get glued to his page.上海会所
Amazingly, the 25-year-old travel influencer is quite a n
上海会所品茶微信ovice in photography, as marketing and advertising was his major at university.
Despite that, the gifted photographer has already distinguished himself from others in th
e industry with his unique voice; meanwhile, his visually stimulating feed has kept sparking w上海会所
anderlust in his viewers, who’d follow his steps to places where his shots were taken.
With 449,000 fans and counting, Hammond’s ascent to prominence surprisingl
上海会所品茶微信y traces back to his one-year stint in Southwest China’s Chongqing back in 2015.
上海会所In Chongqing, a city the Dover-born man calls his second home, Hammond worked as an English teacher, and o
n his days off and holidays, he explored China with his significant other, Sophia Pope.
To capture the diverse and beautiful landscapes in China that he fell in love with, the Briton wa上海会所品茶微信
s soon bitten by the photography bug and began instagramming his fine shots.
With a passion for scouting the gems in China’s landscapes, the duo has visited va
st swaths of the country, with their footsteps left in as many as 23 provinces to date.上海会所
Since realizing there was a huge interest in China photography on social media, the Brit
on decided to finish working at his school until his year contract was up and started to deve
lop his photography skills, Hammond told China Daily Website in an exclusive interview.
of departures” of foreign companies to other countries, adding that reworking their supply chains in China or exiting is costly.
Foreign Ministry spokesman Geng Shuang said on Tuesday that the US allegation tha 上海会所品茶微信
t China wants to make a deal because of an economic slowdown is “entirely misleading”.
上海会所”China is not the only one that wants to conclude a trade deal. The US wants it, too,
” Geng said at a regular news conference. “American people, especially consum
ers, strongly oppose the trade war and the additional tariffs on Chinese goods. Their voice speaks volumes.” 上海会所品茶微信
Stephen Roach, one of Wall Street’s leading authorities on Asia,
上海会所suggested in an interview that China is in no rush to cut a trade deal with the US.
“I think they’re going to stay cautious on moving aggressively to cut a deal out of the fear of a weak e
conomy, as President Trump would like us to believe,” he said Monday on CNBC’s Trading Nation. 上海会所
The senior fellow at Yale University said he was in China last week
上海会所品茶微信 and the general sense was that the economy was slowing in the manufacturing sector.
“The larger, more rapidly growing services sector was likely to provide a source of resilience,” he said.
China’s services sector, which contributed 54.9 percent to the country’s total GDP, rose 7 percent in the first half, surpa 上海会所
ssing a 3 percent increase in primary industry and a 5.8 percent rise in secondary industry, officials said on Mon
day. Primary industries extract raw materials, while secondary industries make products from those materials.
上海会所品茶微信Simon Lester, associate director of the Herbert A. Stiefel Center for
Trade Policy Studies at the Cato Institute in Washington, said, “I don’t think the latest Chi
na GDP numbers have changed the calculation for either side in how to approach the current trade war.” 上海会所
Craig Allen, president of the US-China Business Council, said that in a global eco
nomy where nations are interconnected, any slowdown in China’s econ 上海会所品茶微信
omy will have global implications, including for US exporters and investors in China.
The foreign secretary, Hunt, has proposed reducing the rate of corporation tax paid b
上海会所y companies to 12.5 percent, matching the rate in Ireland among the lowest of any major economy.
The institute disputed the claims of some low-tax advocates that the policy would pay for itself by d
riving up company investment and encouraging overseas companies to locate in Britain.上海会所
More than 1,000 items of military equipment including some of the most advanced weapons and concepts are being exhibited at the Army-2019 Military an
d Technical Forum this week in Kubinka, Russia, a city about 60 kilometers west of Moscow.上海会所品茶微信
More than 1,500 enterprises and organizations are in attendance at the show, which features nearly 27,000 products and technologies. It will last until Sunday.
“This year we’ve invited delegations from over 100 countries to take part in ARMY-2019. Official meetings will be held with 70 of them on the sidelines of the forum. … The level o
上海会所品茶微信f representation of partner countries is quite high this year: Over 30 of them are headed by defense ministers, their deputies and chiefs of the general st
aff,” said Sergey Chemezov, CEO of Rostec, Russia’s state-owned company that specializes in the defenses and military high-tech industries.
Paul Johnson, director of the IFS, said cutting corporation tax, and another promise made by H上海会所品茶微信
unt to raise defense spending, would “leave no scope to relieve the pressure on other areas of pub上海会所
lic spending without tax rises, or a fiscal stance which risked putting debt on a rising path”.
Both Conservative leadership contenders announced this week they will bring down the barriers to talented overseas workers.
Johnson said he would make the UK “much more open” to high-skilled migrants such as scientists, while Hunt prom
ised to scrap the immigration target of keeping net migration below 100,000, which has never been met.
Hunt said: “We’re not going to be a country that changes from Little Britain int
o Little England and pulls down the shutters and says ‘Foreigners not welcome’.”
orwomen “friendly, meaningful talks. Both agreed: trade war is bad! (For Trish, that’s a change of hea
rt, since she had tried to justify the US trade war against China.)”, it said on its Twitter account.
A Twitter user, Ryan Bryant @RayCaiYan, said in a reply to Regan’s tweet, “That was not even a DEBATE, more like a Q&A session
. I thought Trish could leverage some of Liu’s answers to discuss the issues further, but sadly she couldn’t.”
FionaXu tweeted: The American hostess is talking about free market. Tell me how American
market is “free” under Trump’s government? You mean protectionism equals free market???”
Jon Taylor, a professor of political science of the University of St. Thomas in Houston, said that while they pretty muc
h disagreed on everything, it offered US viewers the chance to actually hear the Chinese side of the issues.
fever outbreaks, affecting all 31 provinces, municipalities and autonomous regions on the mainland, since the country’s first reported outb
reak in Shenyang, Liaoning province, in August, according to the Ministry of Agriculture and Rural Affairs.
This resulted in more than 1 million pigs being slaughtered to prevent and control the disease, which is deadly to pigs but does no
t affect people. The ministry has called for intensified research and development to expedite the availability of v
accines for disease prevention and control, but admitted difficulties due to the complex nature of the virus.
China is the world’s largest producer and consumer of pork, with an a
nnual production of 700 million pigs. Pork accounts for 62 percent of meat con
sumption in China, and sustained outbreaks of African swine fever will cause devastating consequences to the pi
g industry and endanger China’s food security, the Chinese Academy of Agricultural Sciences said.