The government has set上海千花网f doubling GDP per

er capita from 2010 to 2020 and clearly will reach that goal.

上海千花网女神会所Nicholas Lardy, an often-cited Washington-based expert on the Chinese economy, argues i

n his recent book The State Strikes Back: The End of Economic Reform in China that China could have co

上海千花网ntinued to grow at 10 percent per year throughout this decade if not for policy mistakes.

His core argument is that Japan and South Korea continued high growth r

ates until they reached GDP per capita equal to 60 to 70 percent of the US, so why can’t China?上海千花网

With all due respect, I think this is a silly argument. The early growth in both Japan and South Korea was based on for

上海千花网eign demand for exports. In South Korea, these exports were manufactured largely by state-led companies.

China is a much larger economy. There is not enough potential import demand in the worl

d to continue as a main driver of the economy’s growth. It takes longer to grow organically from domestic demand.

上海千花网女神会所Japan saw very fast economic growth from the 1950s to the 1970s based on technological c

atch-up and on fast export growth to the US. The export industries of Japan – mostly cars and electronics –

are extremely competitive. But, much of the domestic economy is protected and inefficient.上海千花网

A series of trade disputes with the US in the 1970s and 1980s culminat

上海千花网女神会所ed in the Plaza Accords in 1985 that limited Japanese exports to the US and forced Jap

an to roughly double the value of the yen. So, export-led growth was no-longer an option.

Instead of opening-up and reforming its domestic economy, Japan first chose to use monetary stimulus in the late 1980s, which上海千花网

resulted in an immense real-estate bubble and led to the real-estate and stock market collapses in 1990 to 1992.

Through the 1990s and 2000s, Japan then tried to use very large infrastructure investm上海千花网女神会所

ents to stimulate the economy. This just resulted in negligible growth, ecological damage and a government-d

ebt-to-GDP ratio of more than 200 percent – by far the highest in the world. In contrast, China’s strategy of str

uctural reform, opening up, and increasing domestic competition will lead to more sustainable GDP growth.

www.jvuau.cn

hina’s courier sect上海419论坛inues to expand in H1

China’s courier sector keeps steady expansion in the

上海419论坛first half of the year (H1), according to the State Post Bureau (SPB) Thursday.

The combined revenue of the sector in domestic market hit 21上海419论坛

3.8 billion yuan ($31.08 billion), up 18.3 percent year on year, SPB data showed.

上海419论坛女神会所A total of 27.13 billion parcels were handled during the period, up 25.8 percent from a y

ear ago, and June alone saw 5.4 billion parcels delivered, according to the SPB.

Cross-border courier services rebounded fast thanks to the countr上海419论坛女神会所

y’s preferential policies, booming online retail sales and higher clearance efficiency.

上海419论坛The business revenue of the cross-border service increased 16.9 percent to 33.86 billion yu

an in H1 compared with a year ago, with 630 million parcels delivered during the period.上海419论坛

China plans to extend the courier network and improve computer systems, services and int

上海419论坛女神会所ernational connections by 2020, when the target annual revenue of the courier sector will hit 800 billion yuan.

Sun Yuchen, or Justin Sun, the 29-year-old cryptocurrency entrepreneur and this year’s Warren Buffett lunch winner, apologized

for his excessive marketing and publicity stunt on the Chinese social media platform Weibo on Thursday.上海419论坛

Sun said the lunch meeting came from his admiration of Warre

n Buffett and his love for philanthropy, and he also wanted to take the opportunit

上海419论坛女神会所y to promote the blockchain industry, though it turned out to be an overblown marketing attempt.

The Chinese entrepreneur won the auction for this year’s Buffett lun

ch with a record high $4.57 million bid in June, while he canceled the planned lunch m上海419论坛

eeting, claiming he had “a sudden kidney stone attack” in a Tuesday post on Weibo.

上海419论坛女神会所However, according to a Wednesday report from Chinese media outlet Caixin, Sun was put on a border control list by C

hinese authorities that would restrict him from traveling abroad for allegations includi

ng illegal fundraising, money laundering, gambling and spreading pornography.

chengduyidong.cn

Ma Xin, an analyst 上海419 Academy of Informatio

 and Communications Technology, said the peak download speed of Huawei’s 5G model can hit 1,850

上海419megabits per second in lab tests, the fastest speed reported so far. It also performs very well in su

pporting cloud gaming on smartphones, allowing consumers to play high-definition, sophisticated games re

quiring big computing capability, traditionally available only on personal computers, Ma said.上海419

Mate 20X comes with a 7.2-inch screen perfect for gamers and entertainment bingers, Huawe

上海419i said. The model is priced at 6,199 yuan ($900) in China, far lower than industry experts’ forecasts, whi

ch held that the first 5G models would run about 10,000 yuan due to high production costs.上海419品茶微信

Huawei has strong capabilities in developing in-house chips and integrating i

上海419ndustrial resources, allowing the Shenzhen-based company to significantly lower the price, He said.

“Our price will set the tone for 5G smartphones in the China market. I believe, in th

上海419品茶微信e second half of this year, flagship smartphones of most smartphone companies will be 5G-ena

bled, which will drive the price to quickly move closer to that of 4G products,” He said.

ZTE’s 5G smartphone starts at 4,999 yuan, but analysts said its model supports only non-stand-alone networks. Smartp上海419

hone makers Oppo and Vivo are also scheduled to release their 5G models in China in the third quarter.

上海419品茶微信Xiang Ligang, director-general of the Information Consumption Alliance, said smartphone v

endors are adopting an aggressive pricing strategy to appeal to early adopters of 5G and popularize its use.

Shipments of 5G smartphones are expected to hit 6.7 million unit上海419

s globally in 2019, according to market research company International Data Corp.

hina Shouguang vegetable price index, a barometer of the country’s vegetable market, rose 2.24 percent to 91.36 points on Sunday.上海419品茶微信

The closely-watched vegetable price index was published daily by the city of Shouguang, Sha

ndong Province, China’s major vegetable production base and its vegetable distribution and price-setting center.上海419品茶微信

The index was approved by the Ministry of Commerce in 2010 and first published on April 20,

2011 to offer more timely and accurate reference for vegetable growers and trad

www.chengduyidong.cn

The piano concerto Dr 上海夜生活ed Chamber was join

tly composed by Yang and Hungarian composer Gyula Fekete. It was co

 上海夜生活品茶微信mpleted in 2014 and has been performed both in and outside China. Yang later improved the

arrangement of the piece and the new version was debuted in her Malaysian hometown, where she was accompanied by

the China National Symphony Orchestra under the baton of renowned conductor Tang Muhai. 上海夜生活

Spending most of her career in China, Yang is dedicating more of her ti

 上海夜生活me to promoting ties between China and Malaysia, both of which she now calls home.

Yang was born in 1974, the year Malaysia and China established diplomatic relations. Recent

ly, she joined China’s Guangxi Symphony Orchestra on a performance tour of Malaysia to mark t 上海夜生活品茶微信

he 45th anniversary of bilateral diplomatic relations between the two countries.

“Malaysia is close to China and the two countries cooperate across various fields,” she

 上海夜生活says. “As a Malaysian and a Chinese daughter-in-law, I feel I need to do more to promote that.”

A series of events, collectively named “Chongqing Day,” kicked off at

the ongoing International Horticultural Exhibition in Beijing on Thursday 上海夜生活.品茶微信

The events will introduce the economic development, local products, tourist attractions and culture of Chongqing.

The Chonqing Garden was also opened to the public, which displays the city’s distinctive pla

 上海夜生活品茶微信nt life and geological features. The garden will host 10 art performances with local characteristics.

An exhibition of intangible cultural heritage will also be held

in the garden, featuring paper cutting, stone carving, wood carving and more. 上海夜生活

Multiple high-speed railways will shorten journeys to nearby regio

 上海夜生活品茶微信ns and help develop closer business ties across the country, Chen Hong reports.

With a newly approved railway hub development plan, Zhanjiang in South China’s Gu

angdong province is gaining new momentum to accelerate its economic growth to become a regional leader 上海夜生活.

According to the new plan, five high-speed rail lines will intersect

 上海夜生活品茶微信in the downtown area of the southern port city, cutting the journey time to other cities in

the province and more efficiently connecting Zhanjiang with the rest of the country.

www.ashtt.com

The window for tak上海后花园od photo is another ob

 says that there are only about 20 days a year when the cloud and moonlight conditions are ideal for shooting.

上海后花园Other challenges include the expense-Xu says that he has spent more than 100,000 yuan on his hobby so far.

According to Tang, astronomy has grown in popularity in China in recent years thanks to the gro

wing achievements of China’s astronomers. One of the most recent achievements was taking part in sho上海后花园品茶微信

oting the historic first image of a black hole in April. The project was a global effo

上海后花园rt that involved more than 200 astronomers worldwide, including 16 from the Chinese mainland.

Growing income levels have also enabled enthusiasts to pursue the costly hobby, he adds.

Looking ahead, Xu hopes to be able to capture photos of even better quality. To do so, he n上海后花园品茶微信

oted, would require him to shoot in an environment where there is less light pollution.

“Within the next five years, I plan to have a remote platform installed in a place with less light pollution. Unfortunately, there

上海后花园will have to be a trade-off-I won’t be able to be as closely involved in the process because of its remoteness,” he says.

According to Xu, many astronomy enthusiasts set up their telescopes and cameras at f

acilities in Yunnan province and Xinjiang Uygur autonomous region, where there is minimal light pollution.上海后花园品茶微信

These equipment will then be connected to the internet and looked after by caretakers, allowing them to take photos remot

ely via their computers. The annual fee of renting a space at this facility is around 20,000 yuan, Xu adds.

上海后花园品茶微信To spread his love for astronomy, Xu is also looking to organize classes for young people. Tang suppo

rts this cause, noting that schools in countries overseas place a greater emphasis on natural science than those in

China. As a result, ordinary people here know less about astronomy than their peers abroad.上海后花园

“Whenever you look up at the stars, you understand how sho

上海后花园品茶微信rt our lives are and how insignificant we are. The more you learn about astron

omy, the more you will learn to cherish life and the opportunity to photograph the stars,” Xu says.

ash01.com

From January to June,上海夜生活e country conc

cluded more than 150,000 civil IPR disputes and more than 2,000 criminal IPR cases, up 80 percent and 23 percent res

上海夜生活pectively year-on-year, according to Zhao Gang, deputy director of the administration.

From January to May, Chinese police detained more than 9,900 suspects for alleged I上海夜生活

PR infringements and violations such as producing or selling counterfeit goods, he said.

上海夜生活品茶微信”We’re also working with legislators to increase the illegal cost of IPR infringers by am

ending the Patent Law and the Copyright Law, and further shortening the time al

lotted for reviewing patent and trademark applications by upgrading our intelligent systems,” he added.

At the beginning of this year, China improved IPR protection in patent disput上海夜生活

es by establishing a national-level IP court. The new court, under the Supreme Peo

ple’s Court, aims to streamline the appeal process by allowing litigants to bypass top provincial courts.

上海夜生活品茶微信American textile and apparel companies are taking a wait-and-see a

pproach to business with their Chinese partners amid the US-China trade dispute.

“Because the US consumers won’t want to pay more, we needed to source our products to上海夜生活

make sure that we are competitive in the market, so we had to slow down our business with China,” said Jo

ey Baxter, an importer and manufacturer for the dress brand JAX in New York.

上海夜生活品茶微信Baxter spoke with China Daily during the 2019 Texworld U

SA, Apparel Sourcing USA and Home Textiles Sourcing Expo, which started M

onday and will conclude on Wednesday, at the Jacob K. Javits Convention Center in New York,

“I think the trade deficit with China and the US is going to be resolv上海夜生活品茶微信

ed eventually,” Baxter said. “Unfortunately, it’s taking longer than expected.”

“We are very much against the trade barriers,” said Detlef Braun, a member of the executive board of Messe Frankfurt GmbH, orga

上海夜生活nizer of the expo. “We are here for free trade; we are against protectionism,” he said.

He said Chinese textile companies have had to raise prices due to the tariffs. “Some of the mar

kets are getting unattractive for us, and consequently, the business would be damaged,” Braun said.上海夜生活

“So far, the US market is a very attractive market, the

上海夜生活品茶微信demand for Chinese products is still very high, but if these trade tariffs continue to g

row, then there could be a certain point where this market is losing attractiveness,” he said.

wedding-gowns-whoLesaLe.com

With booming clou 上海贵族宝贝 data and other em

merging technologies, an increasing number of Chinese companies are gearing up for digital transformation, and

 上海贵族宝贝品茶微信are starting to move their traditional IT infrastructure to the cloud to increase their business efficiency and agility.

Jeffrey Cheng, a member of corporate officers of global leadership advis

ory and search firm Russell Reynolds Associates, highlighted the growing trend, and said usin 上海贵族宝贝

g new technologies will help companies to improve efficiency, reduce costs and avoid risks.

 上海贵族宝贝品茶微信”Compared to some advanced countries, China is an emerging internet power that more willingly adopts new technologies,” Cheng noted.

“Buoyed by the supportive government policies and the blossoming new technologies, mo 上海贵族宝贝

re Chinese companies are actively embracing digital transformation. Our research showed arou

nd 80 percent of Chinese companies said they have prepared to work on digital transformation.”

 上海贵族宝贝品茶微信According to Cheng, Chinese consumers’ rapidly changing demands also

require a real-time response, which means companies need to adopt new te

chnologies like cloud, big data and artificial intelligence to predict consumer behavior. 上海贵族宝贝

“Actually, most Chinese firms are aware that only by embracing the digital transformat

ion can they avoid future risks and gain an edge in the fierce competition in the future. And they will spen

 上海贵族宝贝d more money on new technologies, such as cloud services and big data,” Cheng added

New recycling trends in China are paving the way for hundreds of waste-related applicatio

ns, which industry insiders believe will spur a billion-dollar market over the next few years. 上海贵族宝贝

While Fang Fang, a 27-year-old financial clerk from Shanghai,

is unsure if a lobster is dry or wet trash, an app has put an end to her confusion.

 上海贵族宝贝品茶微信Using text input or an uploaded image, the app can assess what type of trash an item is in seconds.

“I don’t need to spend so much time classifying r

ubbish every day. I can also find the answer whenever and wherever I want,” said Fang. 上海贵族宝贝

Fang is among 24 million people in Shanghai who are

 上海贵族宝贝品茶微信
benefiting from such apps. And the figure is set to grow with major cities i

ncluding Beijing and Guangzhou disclosing plans to promote rubbish recycling.

funhorsy.com

In China there are opp上海乌托邦s for skilled candidate

 across a wide range of fintech businesses, including banking, insurance, wealth management and payme

nt services,” said Simon Lance, managing director of Hays China, adding the industry risks losing valuable mom上海乌托邦品茶微信

entum given the shortage of skills and the overwhelming demand for experienced professionals.

上海乌托邦”For those already in the fintech industry, China offers great potent

ial. And for those in banking and financial services – or with relevant technology skill

s – now is a good time to consider what your career could be in the fintech industry,” Lance said.上海乌托邦品茶微信

According to Hays, large-scale commercial banks are accelerating the establishment of fintech subsidiaries across

上海乌托邦the country. It said the roles in demand in the banking sector include data security, data scientists, user experi

ence and user interface engineers, and full stack developers for mobile and web applications.

“Fintech offers career opportunities to people with experience in almost every area of ba上海乌托邦品茶微信

nking and financial services, as well as experts in artificial intelligence, biometrics, cloud and big data,” Lance said.

上海乌托邦Global fintech funding rose to $111.8 billion in 2018, up 120 percent from $50.8 billion in 2017, fueled by mega mergers

and acquisitions and buyout deals, according to a report from global auditing and consulting firm KPMG.

“China is at the cutting edge of the fintech industry and will provide a robust and exciting career for many years to come,” Lanc上海乌托邦品茶微信

e said. “Fintech also provides opportunities for those in related technology fields.”

上海乌托邦There is high demand from fintech startups for high-caliber talents with expertise in digita

l payment systems, digital asset management, blockchain and cryptocurrency, said the 2019 Hays Asia

Salary Guide. Hays expected qualified fintech candidates to command higher salaries in 2019.上海乌托邦品茶微信

Fintech is already a fast-growing industry in China. Statistics from Beijing-ba

上海乌托邦sed market consultancy Analysys showed the market scale of China’s fintech industry rea

ched 115 trillion yuan ($16.7 trillion) in 2018.This figure is expected to surpass 157 trillion yuan in 2020.

“Compared with the traditional financial sector, fintech talents should上海乌托邦

上海乌托邦品茶微信have not only solid financial professional background, but also flexible and inn

ovative thinking,” said Zheng Xia, assistant general manager of Ping An Securities.

fangzhenjiang.cn

In addition to househol 上海夜网ojects, PV poverty allevia

tion projects and others, the construction of PV power generati

on projects this year will be about 50 million kilowatts, said the NEA statement. 上海夜网品茶微信

 上海夜网About 40 million to 45 million kilowatts of projects will be com

pleted and connected into the electricity grid within this year, it said.

As the construction period of PV projects is short, there will be a sig

nificant demand for products in sectors like PV glass and silicon materials, Liu said. 上海夜网品茶微信

By the end of 2018, the installed capacity of PV power generation reach

 上海夜网ed 174 million kW and the annual power generation capacity reached 177.5 billion kW

-hours, ranking first in the world, which played a key role in energy transformation.

On the other hand, the rapid growth of PV power generation also brings about an exp 上海夜网品茶微信

ansion of subsidies and other issues, which need to be addressed to promo

te the transformation of PV power generation from high-speed growth to high-quality development.

 上海夜网According to the Ministry of Finance, the total subsidy budget for new PV projects will be 3 billion y

uan in 2019, of which 750 million yuan will be used for household PV (equivalent to 3.5 million kW 上海夜网品茶微信

 上海夜网) and 2.25 billion yuan will be used for subsidized bidding projects (excluding PV poverty alleviation).

The purpose of this year’s 3 billion yuan subsidy is to support “this year’s” new PV power generat

on projects, ensure that PV power generation and upstream manufacturing industry maintain an app

ropriate development speed, according to a statement of the NEA released in May this year. 上海夜网品茶微信

Industry insiders believe China’s solar industry will become subsidy-free in a few years as the country tries to revitalize its PV

sector after the government announced a plan to scale back its central subsidy system last year.

www.zaojiaowg.com

Barbey has covered ne 上海419论坛social development

In the golden age of photojournalism, as a Magnum photographer he was al

ways on the scene; he stood right at the crossroads of history,” says Wu Weishan, dir 上海419论坛

ector of the National Art Museum of China and a correspondent member of the French Academy of Fine Arts.

 上海419论坛女神会所”Not only did he document China’s past, but also, tinged with an insightful sense, he captured its

dramatic transformation from a traditional civilization to one in the throes of modernization.”

Chinese entrepreneur Sun Yuchen canceled Thursday’s lunch meeting with US business magnate Wa 上海419论坛

rren Buffett due to a sudden kidney stone attack, Sun announced via his Sina Weibo account early Tuesday morning.

Sun’s Tron Foundation announced the postponement of the Buffett lunch

 上海419论坛and press conferences, according to a tweet from the foundation’s official account.

Parties agreed to reschedule at a later date, the tweet added.

Sun was originally scheduled to have lunch with Warren Buffett and seven invited g

uests on July 25 in the Michelin 3-star restaurant Quince in Jackson Square, San Francisco. 上海419论坛女神会所

After undergoing treatment in hospital Sun is in stable condition and recovering, according to the announcement.

His donation to the Glide Foundation has been completed and is still effective, Sun said on the social media platform.

上海419论坛Sun declined any interviews and said he would meet with the public after his recovery.

Sun Yuchen, founder of Tron and CEO of BitTorrent, won the auction for this year’s Buffe

tt lunch with a $4,567,888 bid, a record high since the lunch was launched 20 years ago. 上海419论坛女神会所

The Chinese cryptocurrency entrepreneur announced his win on his Twitter and Sin

a Weibo accounts on June 3, saying “it will be a great opportunity for mutual understanding and knowledge transfer.” 上海419论坛

Sun won the bid via a five-day online auction on eBay and the money will be donated to the Glide F

oundation, which is located in San Francisco’s Tenderloin district and serves the poor, homeless and those battling substance abuse. 上海419论坛

A graduate of the University of Pennsylvania, Sun founded T

 上海419论坛女神会所ron in Singapore in 2017. Tron’s market value reached $2.56 billion, becoming the wo

rld’s 10th largest cryptocurrency according to data provider CoinMarketCap.com.

bx-zhonghui.com