The president said 上海千花坊ill work with Russia to

ster stronger synergy between the Belt and Road Initiative and the Russ

ian-led Eurasian Economic Union, advance negotiations on a Eurasian economic pa 上海千花坊女神会所

 上海千花坊rtnership agreement and enhance facilitation of regional trade and investment.

He said development and use of the Arctic shipping routes will provide

new opportunities, a new platform and new impetus for synergizing the BRI and the EAEU. 上海千花坊女神会所

Security and environmental protection are crucial in developing these routes, and China encourages its compan

ies to take an active part and make practical contributions to the commercial op 上海千花坊

eration of Arctic shipping routes and local economic and social development, he said.

Featuring a vibrant range of cultural traditions, the opening ceremony of the Branch Field上海千花坊

of the Equestrian Events of the 11th Traditional Games of Ethnic Minorities of China kick

上海千花坊女神会所ed off in Hohhot, North China’s Inner Mongolia autonomous region, on July 12.

Carrying the theme of “Hand in hand, the Chinese nation marching forward in a new e

ra”, the cultural performances started in the applause of 6,000 audience members and pres上海千花坊女神会所

ented a diverse landscape of ethnic minorities unified in the spirit of friendly competition, showing off their regional characteristics.

The traditional Andai dance showcased the hospitality of the Mongolian ethnic group, w

上海千花坊elcoming visitors from across the nation for the equestrian event in Hohhot. A total of nine delegation

s from Hebei, Shanxi, Henan, Yunnan and other provinces and autonomous regions attended the opening ceremony.

A total of 305 athletes, 365 horses and 13 camels are set to compete in speed racing, horse上海千花坊女神会所

back riding and performance programs during the series, which ends on July 17.

The 11th National Ethnic Games is scheduled to run in Zhenghou, Henan province, from Sept 8 to 16.

yuanzjj.cn

The country’s GDP gre上海会所ent in the first quar

uarter, which represented the 14th consecutive quarter in the 6.4 percent to 6.8 percent range.

The country added 4.59 million urban jobs in the first four months, with total imports and expo上海会所品茶微信

rts up by 4.3 percent year-on-year and its foreign exchange reserves remaining above $3 trillion.

上海会所品茶微信Xi said there will be ample factors to reinfo

rce the steady, healthy and sustainable growth of the Chinese economy.

The president called the country’s large pool of resources a primary factor. C上海会所

hina has a population of nearly 1.4 billion, a 900-million-strong workforce, the w

orld’s largest middle-income population and over 100 million market entities.上海会所

47-year-old woman who suffered terminal kidney failure was saved after a transplant su

rgery using two kidneys from a donor who weighed just 1.3 kilograms – the lightest ki上海会所品茶微信

dney donor ever reported worldwide – a newspaper in Hubei province has reported.

上海会所The woman, surnamed Wang, from Duchang county, Jiangxi province, was diagnos

ed with uremia in June 2018 at Wuhan Union Hospital and had the transplant surgery at

the same hospital in July last year, Chutian Metropolis Daily reported on Wednesday.上海会所品茶微信

The kidneys used in the surgery came from a premature ba

by whose parents decided to donate after the baby’s death, the report said.

上海会所Following a year’s treatment, the baby’s kidneys have grown to the size of an adult’s and function healthily.

Wang has recovered her health, the hospital said.

The donor is now the lightest kidney donor in the world, the hospital announced on Wednesday.

Transplant surgeries using kidneys donated by infants are difficult, and infants w上海会所品茶微信

ho weigh less than five kilograms are not considered sources of organs in many countries, the hospital said.

The success of the surgery in Wuhan means sources of kidney for transplant surgeries

will be greatly expanded to include early infants, which will ease the gap between the number of organs don

ated and the number of patients with terminal kidney diseases waiting for transplant surgeries in China, the hospital said.

uozyxg.cn

On the other hand,上海会所he past, the Fed now has t

to take the delayed effect of balance sheet reduction conducted earlier into its consideration of rate cuts. The current phase-out of balanc

上海会所e sheet reduction already has some easing effect, and only after the balance sheet reduction ends in September, can its impact become clearer.

By incorporating that impact into consideration, the Fed can draw up a better rate cut plan that maximizes effects of the policy mix.上海会所

Thirdly, the market may have overestimated how much the Fed will cut the rates. There may be no more than three rate cuts by the end of 2020.

St. Louis Fed President James Bullard – the major advocate of this

round of rate cut – has suggested the use of the modern-day Taylor rule, which fairly well explains th上海会所

e Fed’s interest rate decisions. Even based on this model adopted by dovish Fed officials, we found that the degree of rate cuts may be weaker than m

上海会所arket expectation for quite some time going forward: at most one cut by the end of this year and likely two or three cuts by the end of 2020.

By contrast, before the June FOMC meeting, the market expected a higher-than-85-percent chance of more than one rate cut by the

end of this year as well as an about 60-percent chance of more than three cuts by the end of 2020, according to Bloomberg data.上海会所品茶微信

In conclusion, we think as economic downside pressure gradually emerges, the Fed will have to kick off the rate cut cycle. But the rate cut si上海会所品茶微信

gnal, timing and degree may not measure up to the market expectation. Therefore, two future developments appear possible:

First, investor sentiment can reverse drastically if the Fed’s action fails to meet market expec上海会所品茶微信

tation. Considering the market has fully priced in the unrealistic expectation of rate cuts sinc

e early June, any reversal of expectation can lead to short-term fluctuations of key price signals such as the US Treasury yield cu

rve, the US Dollar Index, and the gold price, which may pose extensive spillover shocks to asset portfolios.

Second, the long-term trend of rate cuts will continue even if the market expectation reverses. In the long

run, the Fed is expected to proceed with rate cuts in a fairly slow and smooth way. This will enlarge the monetary policy room of ot

her major economies and expedite the shift toward an easing global monetary environment, which may in turn lift the sen

timent of global stock markets and ease any currency risk of emerging markets gradually.

Cheng Shi is the managing director, head of research and chief economist of ICBC Interna

tional Holdings Ltd.Qian Zhijun is a senior economist of ICBC International Holdings Ltd.

chitudoudemao.cn

As Kong understands, there are plenty of opportunitie

 for insurance companies in the integrated development of the Yangtze River Delta region, with transportation as a top priority.

上海夜网女神会所”Insurance capital can help the government to boost domestic consumption. A co

mprehensive transportation network connecting railway, subway, ports and even airports has上海夜网

been a longstanding goal of many cities in this area. This is where insurers can play a big role,” he said.

Elderly care is another sector where insurance companies can find big opportunities, said Ko

ng. In early June, CPIC opened an elderly care community in Hangzhou, and is about to launch a new one in Nanjing.上海夜网女神会所

“The idea is to let the senior citizens in Shanghai enjoy quality elderly care services in other parts of the Yangtze River Delta region. Mor

e room in Shanghai can thus be given to ambitious young entrepreneurs to set up their own businesses,” he said.

The integration of risk prevention schemes for peasants in the Y

angtze River Delta region is one more area where insurers can focus on, said Kong.上海夜网

Peasants’ income can be largely increased via products such

as cost insurance, yield insurance, income insurance or one-stop insurance service.

He Haifeng, director of the Institute of Financial Policy, which is a part of the Chinese Academy of Social Sciences, said the int上海夜网女神会所

egrated development of the delta region presents many latent challenges. So, more efforts should be made to r

eform finance and tax areas, to reduce fees in various fields, and improve the overall business environment.

Work on a new film based on a script by novelist Liu Cixin, the first Asian ever to win a global sci-fi literature’s top honor Hugo Award, has just begun.上海夜网女神会所

The movie called Mo Ri Zheng Jiu (The Rescue on the Last Day) will star award-winning Hong Kong actor Nick Cheung Ka-f

ai and veteran actor Hu Jun, best known for the first Sino-Kazakh coproduction The Composer.

Director Shen Yue says that Liu wrote the script before he started to write The Three-Bod

y Problem, which won the Hugo Award for Best Novel in August 2015. The book was first published in 2006.

Zhu Jin, the curator of Beijing Planetarium, will be the film’s chief science consultant.

www.shlf21.com

Last year, Moutai achieved whole-year sales revenu

ue of 75 billion yuan, up 23 percent year-on-year. Its net profit totaled 34 billion yuan, jumping 25 percent over the previous year, its earnings report said.

上海千花网This year, Moutai aims to achieve sales revenue of 100 billion yuan, growing 14 p

ercent year-on-year, and reaching a net profit of 45 billion yuan. The company said it is strong and confident enough to drive further growth.

上海千花网”The stock market now shows a prominent problem of polarization. Leading

上海千花网上海品茶white-horse stocks have seen continued steady growth. The climbing share price of Mout

ai definitely gave a boost to many white-horse stocks, with the prices of several stocks reaching their new high, while some ot上海千花网

her themed stocks are being marginalized,” said Yang Delong, chief economist at the Shenzhen-based First Seafront Fund.

Market demand for liquor products will likely remain strong, and major spirit makers a

上海千花网上海品茶re expected to witness more steady and structural growth and continue to remain competitive, Zhongtai Securities said in its report.

As the sun sets and the temperatures begin to cool, the evening heats up as night markets start to boom, especially during holidays and festivals.上海千花网上海品茶

The nighttime economy means people can dine, shop and enjoy entertainment at night.上海千花网

Some cities including Beijing, Shanghai, and Jinan have published policies to support and promote the nighttime economy.

China’s electric car startup NIO recalled 4,803 ES8 vehicles, about one-third of the company’s first batch for delivery, Beijing Youth Daily reported on Friday.

The company also promised to compensate all property losses caused by accidents due to battery quality上海千花网上海品茶 according to law, the report said.

Starting from June 27, the company recalled the 4,803 ES8 electric vehicles with power battery packs manufactured between April 2, 2018, and Oct 19, 2018, a上海千花网上海品茶ccording to a notice from the State Administration for Market Regulation.

The power battery pack used in the vehicle within this recall range is equipped with a module of the specification model NEV-P50, which has the voltage sampling harness in an improper position, where it could cause a fire.

In 2018 the trade volume for food service at night increased 47 percent year-on-year,上海千花网上海品茶

which is 2 percentage points faster than the growth rate for food consumption during the day, accordin

g to statistics jointly issued by the China Tourism Academy and online consumption service provider Meituan Dianping.

www.ezgpui191.cn

g private capital fo上海会所品茶微信t urged more effo

orts to attract p上海会所品茶微信rivate capital to sustainable infrastructure, and called on multilateral de

velopment banks to contribute more toward improving project preparation and country policy fra

meworks and maintaining supportive conditions by, for instance, providing better information for market players.

Stern said the G20 nations can promote sustainable economic growth and development, reduce poverty and improve living standards across the world.

“But they must move quickly and on scale,” he said. “The climate crisis is real and now; delay will be profoundly dangerous.”

Kevin Gallagher, director of the Global Development Policy Center at Boston University, and Richard Kozul-Wright, director of the Division

on Globalization and Development Strategies at the United Nations Conference on Trade and Development, have appealed t

www.changhaisheng.cn

d other leaders of the Sha上海千花网女神会所n Organizatio

member count上海千花网女神会所ries and observer states, as well as r

epresentatives of regional and international bodies, head for group photo

s during the 19th meeting of the Council of Heads of State of the SCO in Bishkek, Kyrgyzstan, June

Xi called for joint efforts to fight the three evil forces — terrorism, separatism and extremism — as well as be

efing up security measures and halting the flow of terrorists and extremist forces.

Noting that Afghanistan is a neighbor of SCO countries and an important observer state in the organiz

ation, Xi said the SCO firmly supports an Afghan-owned and Afghan-led peace and reconciliation process.

SCO countries should cultivate new cooperation areas in such fields

as digital economy, ecommerce, artificial intelligence and big data, he said.

www.shejio.org

Zhang looked “distress上海品茶微信女神会所ed heid Christe

Christensen, add上海品茶微信女神会所ing that she spoke “broken English”, said she was la

te to some place and had a meeting with her professor. He said he then offered her a ride.

Stiverson, however, pointed out later in the session that she Googled the address of One North — the apartment that she pla

nned to sign a lease on that afternoon — one minute after she got into Christensen’s car.

Christensen repeatedly claimed that he let Zhang get out of his car after she “freaked out” when

he made a wrong turn, saying, “I don’t want to keep someone I barely know in my car.”

He admitted during the questioning that he was attracted to Zhang “a reasonable amount”.

Both Manganaro and Stiverson pointed out that based on what they knew, she “didn’t get out” of his car.

fyace.org

economic structure. China should also invest more

 in the service secto爱上海女神会所r, and deregulate the services for the elderly and children, and medical care and education.

Although its overall economic uncertainty has increased, China’s economy still has great pote

ntial in terms of service and consumption, especially because it is a market of more than 1.3 bil

lion people including a middle-income group of 400 million all of whom are seeking a better life.

Current policy package strong enough to counter headwinds, economist says

China has no immediate need of aggressive stimulus to support growth unless trade tensions with the United States m

ore visibly weigh on growth momentum, and greater patience and policy preparation are needed now for market-

oriented, longer-term reform and opening-up, a senior economist said in an exclusive interview.

Given the uncertainty from China-US trade friction, macroeconomic polic

ies should always be prepared to support the economy, especially if growth mome

shangjianxiachui.cn

inopec establish joint venture with Russian companie

hina Petrole上海会所品茶微信um and Chemical Corp, the world’s larg

est refiner by volume, has agreed to establish a joint venture with Russia’s Novatek and Gazp

rombank to market natural and liquefied natural gas (LNG) in China, Sinopec said on Thursday.

The agreement, which aims to sell LNG produced by Novatek in the Arctic, was signed fo

llowing talks in Moscow between Russian President, Vladimir Putin, and Chinese President, Xi Jinping.

The agreement will be of considerable economic and social benefit an

d will further diversify China’s natural gas imports, while meeting ever-increasing ga

s demand in the country, said Dai Houliang, China Petrochemical Corp president.

www.aaart.org.cn