cities, includi上海龙凤1314品茶微信ng Kunming, Ningbo, Xiamen and Guiyang, received less than 7,000 visi
ts per kilometer for each day, below the 7,000-visit bottom line required by the National Deve
lopment and Reform Commission, the nation’s top economic planner, as early as 2015.
More global top companies will participate in and expand their exhibition area du
ring the second China International Import Expo, financial news outlet Yicai reported.
The expo, which will be held in Shanghai again this November, will al
so have thousands of companies taking part for the first time, the report said.
“We will expand our display area from 200 square meters to 300 square meters this year, which shows our confidence in the Chi
nese market,” said Eric Rondolat, CEO of Dutch lighting company Signify, formerly known as Philips Lighting.
income grou上海龙凤1314品茶微信p, too. By speeding up the industrial structural adjustment, transformin
g the development model, promoting steady economic growth, and increasing social wealt
h to make a big cake, China can pull more people out of poverty, prevent polarization of social wealth and give peo
ple access to equitable choices and public resources, which are conducive to expanding the middle-income group.
As such, the country should vigorously advance new type of urbanization and modern agricultur
e, make greater efforts to narrow the urban-rural gap, build a modern industrial system and raise the co
ntribution rate of industrialization to social development and take steps to increase people’s incomes.
Development of service sector very important
Equally importantly, China should develop the service secto
r－including financial securities and modern logistics services, and the information technology and c
ultural industries－so that it can absorb surplus labor and promote the transformation of the country’s social and
s are still optimistic about China’s economic prospects, said Z
hang Zhiwei, Deutsche Bank’s chief China economist and head of China equity strategy.
Foreign investors believe that China has enough policy tools to offset short-term downside pressure, while th
e financial risks are under control as the country’s debt level has shown signs of stabilizing, Zhang said.
China’s overall debt-to-GDP ratio had dropped to 249.4 percent by the
end of 2018, 1.5 percentage points lower than a year earlier, according to the PBOC.
If trade tensions escalate further, more opening-up policies in the sectors of medical care
and education will help boost global investors’ confidence in the Chinese economy, Zhang added.
es and objectives in the trade talks should be a warning for it to more strictly stick to its principles. And t
he fact that the US wants to challenge the laws of economics should not be reason for China to try to do the same.
Australian Prime Minister Scott Morrison said his go
vernment had delivered a miracle result in Saturday’s election where it
unexpectedly looks set to retain office, saying the victory was for the “quiet Australians” who supported him.
“I have always believed in miracles!” Morrison told an e
xuberant room of Liberal Party supporters around midnight.
The coalition government is in position to remain in power with mor
e than half the votes counted on Saturday, though it is uncl
ear whether it can govern with an outright majority and final results may not be known this weekend.
conflicting goals have resulted in the trade conflicts with China an
d other countries. For instance, China’s exports to the US grew 11.3 percent
and its trade surplus with the US increased to $323 billion in 2018, up 17.3 percent year-on-year.
Moreover, Washington has forbidden US companies to sell chips to ZTE, a Chinese multinational telecommunications equip
ment and systems company, even after imposing huge fines on the company. By so doing, the US has act
ually encouraged China to increase investment in its high-tech sector. So, even if China and the US
were to strike a deal, China would be prompted to import lower volumes of energy and agricultural products from the US.
when the first round of tariffs on $34 billion worth of Chinese goods
took effect. There has been strong opposition to the tariff measures from the US side.
Joe Biden, a Democratic candidate for US president, said on Monda
y, “The only people paying the price are farmers and working people right now”.
“Raising tariffs will hurt both the US and China economies, plus more importantly, they will hurt US farmers, co
nsumers and businesses,” tweeted Republican Senator Chuck Grassley of Iowa, a major soybean-producing state.
The world’s two largest economies have intensified their consultations to iron out differe
nces on existing trade issues. An 11th round of high-level talks was held in Washington on Thursday and Friday.
that foreign companies can compete against domestic companies in each country.
In the past several months, China has announced and started to implement a “negative list” program
that allows foreign companies to have 100 percent ownership in investments in all areas of the ec
onomy, except for a small number of areas, such as telecoms and defense, that are explicitly prohibited.
Also, foreign investment has been simplified by creating a
one-stop regulatory shop and a single application process.
These new policies will lead to greater competition within China, forcing Chi
na’s companies to become more efficient and to produce higher quality products.
The Chinese government has also recently announced tax cuts and financial regulation
s designed to help private companies. This will hasten the ongoing transition to a market-driven economy.
was about ground operations, such as telemetry, tracking and command of spacecraft.
“I want to study satellites. I want to learn and work on communications satellites operating in low Earth orbit, because no
w we have a communications satellite in geosynchronous orbit, and remote-sensing satellites in low Earth orbit,” he said.
“I want to learn how to combine these technologies and do some research here in Beijing, s
o when I come back to my country I can help to develop our own satellite technology,” he added.
Each of Venezuela’s three satellites－one communication and two r
emote-sensing satellites－was designed, built and launched by China.
The Beijing-based China Academy of Space Technology, a subsidiary of State-owned spa
ce giant China Aerospace Science and Technology Corp, is a major developer of satellites and spaceships in China.
Photos have been released of China’s first domestically manufactured aircraft carrier on its recent fifth sea trial.
The trial tested the carrier’s command and control system and battle performa
nce, with the vessel completing tests of its mooring, power, battle and security system.
Unmanned convenience stores, vending machines, mobile payment…thanks to the latest technology, shopping has become even more effortless.
But shopping experience will go further than that: an eye-catching robot in Xi’an, Northwest China’s Shaanxi province, has hit the streets selling drinks and ice creams.
Powered by 4G networking and artificial intelligence, the human-shaped robot, Mr Doer, offe
rs ice creams and drinks on its own. The robot can also recite adapted poems or even dance to attract customers.
The China Conservation and Research Center for the Giant Panda in Wolong National Nature Res
erve in Sichuan province said on Wednesday it had started rebuilding a fence where a visitor had touched a panda cub.
It was making the fence higher so that visitors cannot reach the pandas
and it asked visitors to keep away from the animals. It asked them to refrain from climb
ing over the fence and from feeding or touching the pandas, said Wang Jisi, an information officer at the center.
On April 7, a woman surnamed Han said in social media that she and som
ebody else had managed to touch a panda cub without the consent of the center.
ign ownership limits on banks and financial asset management firms and strive for the first l