rld’s two largest economies goes far beyond their own borders, of course.
ing to Reserve Bank of Australia Governor Philip Lowe, the Sino-上海千花坊品茶微信 US trade war poses the biggest risk to global economic stability. In a private meeting o
ay, Lowe said the trade dispute was hurting global investment, wages and e conomic growth, the Sydney Morning Herald reported. That corroborates an earlier alarm about the trade w
nded by the International Monetary Fund in May, saying it will “jeopardize” global growth.上海千花坊品茶微信 Yet despite all the negative consequences, the US leader has tried to rationalize the hefty ta
上海千花坊riffs he ha
s imposed on Chinese goods by holding China responsible for all the US woes. “China has been ripping this c ountry off for 25 years”, he said on Tuesday, ignoring the fact that Sino-US trade relations have benefited both sides ov上海千花坊品茶微信
er the years and their disputes — which exist among all trade partners — can only be solve
d through talks based on equality and mutual respect rather than hard-handedness.上海千花坊
Maximizing pressure may be part of his deal-making art. But as the trade dispute stretches into its second year, the confr
ontational stance on the part of Washington has only proved counterproductive.
上海千花坊For trade talks to make progress, the US has to take concrete actions to show its sincerity.
Interest rate reform not to have direct impact on renminbi exchange rate Further monetary easing remains one of the options to support economic growth in Chin上海千花坊品茶微信
a, after the debut of the new market-driven lending rate, according to central bank officials.
“There is room for cutting interest rates and reserve requirement ratios,” Liu Guoqiang, deputy governor of the Peo上海千花坊
ple’s Bank of China, the central bank, told reporters on the sidelines of a news conference on Tuesday.
“The future adjustments will depend on the changes of economic growth pace and the price level indicated by the consumer price in上海千花坊品茶微信
dex,” said the senior central bank official. “The Chinese economy is not in deflation, and the marke
t rates have dropped obviously to a generally reasonable level at the moment.”
rvingly opening to the outside world to increase its resilience to risks
ulder its responsibility as a major country,” said Wang Xiaosong, a researc 上海千花坊 h fellow with the National Academy of Development and Strategy under Renmin University of China.
ro, a global chemicals giant that has been in China for nearly 20 years, is plannin g to upgrade its China headquarters in Shanghai to its Asia-Pacific headquarters.
i, president of Covestro China, said after the move, the 上海千花坊 company could better coordinate global resources to grow together with China.
上海千花坊China is Covestro’s biggest single market and Shanghai is hom
e to its largest plant while housing its Asia-Pa
cific innovation center, said Lei. Covestro is not alone in terms of expanding its business ambitions in the world’s second-largest economy. 上海千花坊
French carmaker PSA Peugeot Citroen plans to set up a regional procurement center in Sha
nghai. German chemicals giant BASF has increased investment to upgrade its innovation center in Shan
ghai after investing in a $10 billion production facility in Zhanjiang. The city is also home 上海千花坊女神会所
to Tesla’s gigafactory, which is under construction with an investment of over 50 billion yuan ($7.1 billion).
Investments from the European Union, Singapore, Japan and countries included in t 上海千花坊
he Belt and Road Initiative all grew at double-digit rates in the first half and the investm
ent structure is being optimized, said Hua Yuan, director of the municipal commission of commerce.
The high-tech service industry reported an actual use of foreign investment of $1.7 bil 上海千花坊女神会所
lion in the first six months, posting a hefty annual growth of 29.6 percent, said Hua.
A series of opening-up measures in multiple fields and industries and the impro
ving business environment has ramped up foreign investment interests in China.
al facilities will expand to a scale of 152.4 billion yuan ($22.18 billion) as
the garbage sorting and recycling campa
ign makes headway, providing related compa上海千花坊 nies with various business opportunities, according to the E20 Institute of Environment Industry.
上海千花坊女神会所Aiming at a greater market presence and higher
production efficiency, companies are rac ing to maximize the use of intelligent and cutting-edge technologies in waste disposal.
A good example is the Chinese payment giant Alipay, which has rolled out a mini-program to h上海千花坊
t garbage by using artificial intelligence and augmented reality technologies. By scanning waste items with their smartphones, users can learn in seconds how to sort their trash.上海千花坊女神会所
In addition, the internet and big data technologies are also u
sed by c
ompanies to assess and analyze the demand for bins in different areas.
Industry body calls on authorities to implement government guidelines 上海千花坊Officials at China’s leading auto industry association are calling for local authoriti
es to implement the central government’s guidelines for boosting car consumption in the wake of ve
hicle sales in the country having fallen for 13 months in a row as of the end of July.
Overall vehicle sales in the world’s biggest vehicle market stood at 1.8 million in July, falling 4.3 percent from t上海千花坊女神会所
he same month last year, according to the China Association of Automobile Manufacturers.
Total sales in the first seven months of this year totaled 14.13 million, down 11.4 percent year-on-year.上海千花坊
The association expects the fall to become less severe in coming m
onths because of a lower comparable base figure from the second half of last year a上海千花坊
nd because of the measures implemented to help with car consumption.
It estimated that China’s vehicle sales would drop 5 percent this year上海千花坊女神会所
from 2018 to 26.68 million vehicles. It has also trimmed its forecast for a rise in new ene
rgy vehicle sales to 1.5 million from a forecast of 1.6 million made at the start of the year.
newly-built Beijing Daxing International Airport begins
at the end of September, the report said. 上海千花坊女神会所 5G technology development will be led by typical application
上海千花坊s including 5G+8K HD video, 5G+ telemedicine and 5G+ auto
hile 5G infrastructure construction in relative areas will also be strengthened. Having selected 34 different light poles in different regions, a beta-test of 5G base stati 上海千花坊女神会所
uction using urban light poles has also been carried out, and the construc tion of 5G base stations on 15 light poles has now entered the final implementation stage in Beijing. 上海千花坊
20,000 5G base stations were built nationwide in China by the end of June, with 90 percent of these base stations in Beijing, Shanghai, Guan 上海千花坊女神会所
gzhou and Shenzhen, according to a report by business news portal 21jingji.com.
5G technology is expected to create more than 8 million job opp 上海千花坊
ortunities and 2.9 trillion yuan ($412 million) in economic ad
ded value by 2030, the China Academy of Information and Communications Technology said.
上海千花坊女神会所The academy also projected the 5G industry will make a direct contribution to about 6 percent of the country’s GDP by 2030.
The number of internet users has surged to 830 million in 2018
from 620,000 in 1997, according to the National Bureau of Statistics (NBS). 上海千花坊
On Tuesday, the NBS released a report on China’s achievements on ec
onomic and social development since the People’s Republic of China was founded 70 years ago. 上海千花坊
Telecommunication industry has been developing fast in 70 years. In 2018, the traffic consumption of mobile internet rea
ched 71.1 billion GB, 56.1 times of the amount in 2013. At the end of 2018, 368 million peo 上海千花坊女神会所
ple accessed internet through optical fiber and 1.17 billion people accessed it through 4G.
ntering a new era, Shanghai encountered unprecedented opportunities
上海千花坊in domestic garbage treatment, reflected in three
later-developing advantages. (1) Shanghai has the advantage of “overtaking in bends”
上海千花坊女神会所Four first-tier cities across the world establish
ed modern garbage classification systems about 50 years ago. These systems were first carried out from the perspective of the circular economy. Shangh
ai, as a catcher, started to classify and recycle municipal garbage through comprehensive integration.上海千花坊
garbage in Shanghai is classified into four categories: harmful; recyclable; organic; and other. 上海千花坊女神会所This integrates waste recycling, composting, incineration and landfills, and has the advantage of overtaking in be
nds. Shanghai for example provides a fixed s
ubsidy for the construction of wet garbage resource facilities. (2) Shanghai has the advantage of “backward force”上海千花坊女神会所
Shanghai’s waste treatment sets the maximum capacity of landfill and incineration fa
上海千花坊cilities, reverses the front-end classification collection and resource utilization, and reduces quantity at the source.
The city encourages classification by disposing
of organic garbage for free and calculating the cost of other garbage disposal.上海千花坊女神会所
Shanghai also promotes quality control and both rewards and
上海千花坊punishes district treatment facilities through its garbage treatment fee system.
(3) Shanghai has the advantage of “governance orientation”上海千花坊女神会所
Shanghai residents participate in making waste classification a bottom-up action.
Enterprises strengthen market-oriented changes and fulfill their corporate social responsibility.
months this year was from non-CISA members, whose clean capacity cannot be guaranteed, he emphasized.
Liu Bingjiang, head of the Ministry of Ecology
and Environment’s air quality management department, said at the same fo上海千花坊品茶微信 rum that it is unfair for companies with high operational costs on environmental protection to compete und
上海千花坊er the sam
e market conditions against those investing little into environmental protection. The authorities will bring in industrial associa
tions to tighten emissions assess ment on steel producers when granting exemptions from production restrictions, he said.上海千花坊
Those with poor environmental protection records or that scheme to cheat the
assessment will be severely punished, he said. 上海千花坊品茶微信Currently, China enforces steel production restrictions in key areas on days forecast to have heavy air pollution, and
roducers with ultra-low carbon emissions are allowed to have lower or no production cuts.
More than 60 steel producers in key areas, with a total crude steel capacity of 260 million上海千花坊
tons, have upgraded to meet ultra-low carbon emission standards, according to Liu.
上海千花坊品茶微信China expects 60 percent (340 million tons) of existing crude steel capacity in key areas
to be made with ultra-low carbon emissions by 2020, according to a ministry guideline released this year.
Li Xinchuang, president of the China Metallurgical Industry Planni
g and Research Institute, said that to achieve low-carbon emissions involves upgrades in上海千花坊
the whole process of steel production, and more attention should be paid to procedures such as raw materials tra
上海千花坊品茶微信nsportation and storage, which often generate emissions that are difficult to contain.
China’s oil and gas industry saw steady growth in 2018, with expansion reported in both pr上海千花坊
oven reserves and annual output, according to the Ministry of Natural Resources on Monday.
In 2018, national exploration of oil and gas saw a total investment of 63.66 billio
n yuan (about $9.26 billion), up 8.9 percent year on year, the ministry said in a report on its website.上海千花坊品茶微信
Investment in oil and gas exploitation rose 24.7 percent to reach 203.11 billion yuan, according to the ministry.
of its most dynamic enterprises from North West, Free Stat
上海千花坊e and Limpopo provinces, involving a variety
of sectors, including agro-processing, biodiesel produ ction, jewelry manufacturing, engineering and infrastruct
ure development, textile and fashion, farming, solar energy and tourism.
South Africa’s business trends and the entrepreneurial landscape require far more sophisticated sk上海千花坊
ills to achieve international compe
titiveness to ensure access to global markets for SMEs, the director-general said. “We believe that small, medium and micro enterprises and coop
eratives are important drivers of economic growth and job creation,” Vries said.
上海千花坊上海品茶In total, more than 70 small, medium and micro enterprises of South Afric
a will promote their products and investm
ent opportunities during this year’s event. The event’s organizers have launched a series of overseas promotions to showcase the annu
al fair, and 1,028 exhibition booths have been confirmed already by businesses and organizations from 31 countries and regions.
The fair will include special exhibition zones covering countries related to the Belt and Road上海千花坊上海品茶
Initiative, Africa, the Middle East and Euro
pe, as well as China’s Hong Kong, Macao and Taiwan. “Since the announcement of the Belt and Road Initiative, Poland has been willing to be a part of it and an im
portant trade and economic partner for China,” said Joanna Skoczek, consul general of Poland in Guangzhou.
Skoczek said the number of Chinese visiting P上海千花坊上海品茶oland in the first quarter of 2017 increased by 85 percent compared with the same period last year. The trade volume between Guangdong and Poland was
nearly $4.2 billion in 2016, increasing 13.3 percent year-on-year and accounting for over one-fifth of the total between China and Poland.
“Chinese businesses are encouraged to visit Poland to strengthen the mutual cooperation in the fields of trading, investment and education,” Skoczek said.
Dust t上海千花坊品茶微信o Dust, based on a cash robbery from a van in South Chin
a’s Guangdong province in 1995, is is scheduled
to be released in the first half of 2020. The movie, featuring Hong Kong veterans Cheang Pou-soi and Tse Kwok-ho who joined hands as the executive
producers, is directed by Jonathan Li and stars act
ors Dong Chengpeng, better known as Dapeng, and Gordon Lam Ka-tung. The film is being shot in Foshan, Guangdong province.
Dapeng, who plays a gangster boss, says that he
put on 10 kilograms for the role and also lost it as the script requires such a body transformation. A native of Jilin province in Northeast China, D
apeng also had to learn Cantonese for the role. Speaking about the film in Shanghai recently, Dapeng said: “I love the challenge. And I hope the film will surprise the audience.”