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China is a highly com上海千花网. In the past, some s

ectors have been a “wild west” where Chinese firms did not hesitate to

copy each other or foreigners. But, as China has developed its own technology and moved u上海千花网品茶微信

p the value chain, protecting intellectual property rights has become a high priority for the government.

上海千花网At the China Development Forum in March, Vice-Premier Han Zheng emphasized: “We w

ill step up our efforts for IPR protection as well as law enforcement in various aspects, and establish a sy上海千花网

stem of punitive punishment for IPR infringement to significantly raise the cost of violating the law.”

上海千花网品茶微信And, President Xi announced that China will strengthen intellectual property rights protectio

n in his April speech to the second Belt and Road Forum for International Cooperation.上海千花网

Also, the removal of the requirement that foreign companies enter in

上海千花网to joint ventures should alleviate any fears about mandatory technology transfers.

Financial market reforms

Reform of the financial sector is moving especially rapidly. China will allow full foreign ownershi上海千花网

p of securities firms, futures businesses and life insurance companies by 2020, a year earlier than was s

上海千花网品茶微信cheduled, Premier Li Keqiang told the Summer Davos Forum. Foreign institutions will be offered treatment e

qual to that of domestic companies in credit references, credit ratings and payments, he said.

Li emphasized that this reform is part of a broader push to force domestic上海千花网

firms to upgrade as they face foreign competition. “Further opening to foreign investors, we are no

上海千花网品茶微信t just providing them with opportunities to enter the Chinese market. We are also providing opportu

nities for the financial sector to upgrade and to improve its quality on a level playing field,” Li said.

Measures to boost private sectorThe Chinese government has also recently announced mea上海千花网品茶微信

sures to improve the availability of credit for the private sector and reduce taxes on it.

In a discussion with foreign CEOs at the Summer Davos meeting, Li noted that small and medium-sized companies and private e上海千花网

nterprises provide over 80 percent of employment in urban areas and 60 percent of GDP.

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Prudent monetary polic上海千花网e, sle’s Bank of Chi

China will maintain a prudent monetary policy in the year’s second half, with potential policy adjustments depending mainly on

the domestic economic situation and price levels, a senior central bank official said on Friday.上海千花网女神会所

Having noticed the recent monetary easing in some foreign central banks and the United States Fe

上海千花网女神会所deral Reserve’s strong message that it will make a cut later in the policy rate, the Chinese centra

l bank has decided not to change its monetary policy stance, while continually reducing the actual financing costs o

f enterprises, said Sun Guofeng, head of the monetary policy department of the People’s Bank of China, the central bank.上海千花网

“In the second half, we will maintain the liquidity at a reasonably ample level through leveraging

diversified tools and strengthening macroeconomic policy coordination,” said Sun, adding that mo

derate money supply growth can support the country’s high-quality economic growth.上海千花网

Sun made the remark after the central bank released major financial da

ta on Friday. The broad money supply, or M2, increased by 8.5 percent by the end of June

上海千花网女神会所from a year earlier. The growth rate had remained unchanged for three consecutive months starting in April.

Chinese banks issued yuan-denominated loans of 9.67 trillion yuan ($1.41 trillion) in the first six month

s, and 1.66 trillion yuan was newly extended in June, up from 1.18 trillion yuan in May, the PBOC said.上海千花网

Total social financing, a broad measure of credit and liquidity in the economy, increased by 13.23 trillion yuan in the firs

上海千花网女神会所t half, compared with an increase of 10.05 trillion yuan in the same period last year, officials said.

“Rapid growth of total social financing proved that the financial se

ctor is enhancing support for the real economy,” said Ruan Jianhong, head of the central ba上海千花网

nk’s Statistics and Analysis Department, at a Friday news conference.

上海千花网女神会所The RMB, compared with some other major currencies, has performe

d well in the first half, and its current exchange rate is basically in line with the economic fou

ndation, as the International Monetary Fund determined recently, according to Sun.上海千花网女神会所

“In the future, the market will play a decisive role in determining the RMB exchange rate, and we will take macro-pruden

t measures when it is necessary to maintain the exchange rate at a stable and reasonable equilibrium,” Sun added.

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Road, is now furthe上海千花网品茶微信to the ancient Silk

rch center at t上海千花网品茶微信he administration, the Center of Sh

anghai International Film and TV Festival and the audiovisual communication research ce上海千花网

nter at Peking University, about 1,500 films were screened exclusively online in 2018, a drop from 2,400 in 2016.

The drop is partly a result of the rising budgets for online movies, which as the survey also shows, have gr

own a hundredfold, surging from several hundred thousand yuan in 2015 to tens of millions of yuan in 2018.上海千花网品茶微信

“We hope to see the quality of films continue to improve as more budget is alloca

ted to such projects,” says Lu Di, director of the research center at Peking University.上海千花网

Ma Zhongjun, founder of Shanghai-based Ciwen Media and a Chinese pla

ywright, stated at the summit that some key elements of quality online works are inn

ovation, either in characters or plots, and a smooth and rigorous film production process ranging from the choic

上海千花网品茶微信Before this year’s parliamentary elections, political groups in the parliament na

ed their lead candidates for the President of the European Commission, and they campaigned ac

ross the EU. But none of them was nominated to the most important EU position on Tuesday.

Iratxe Garcia, who leads the Socialists and Democrats bloc in the European Parliament, and Terry Reintke, deputy lea上海千花网品茶微信

der of the parliament’s Greens group, both voiced their disappointment in the nomination.

Jean-Claude Juncker, current President of the European Commission, agreed Tuesday’s nomination wouldn’t be easy in the Parliament.

However, according to German Chancellor Angela Merkel, von der Leyen faced no上海千花网品茶微信

opposition in the European Council, made up by leaders of the EU’s 28 member states.

“After all, Europe is a woman,” said Donald Tusk, current President of the European Council who chairs the leaders’ meeting.

www.weishow.com.cn

Will the maximum pr上海千花网ed on China take effec

Using maximum pressure to achieve its goals is a trick frequently used by some in the United States for international negotiations cal

上海千花网led “the art of trading”. Its main feature is using the means of multifaceted attacks and unlimited requirements while at the same time gaming against its opponent in m

ultiple issues that cross different fields, and then resorting to selected compromising moves to achieve the goals of core interests, to maintain hegemony through power, and to defeat the opponent t上海千花网

hrough bullying and deception. Some people in the US think that “maximum pressure” is extremely powerful, and decidedly useful when dealing with China.上海千花网

Is the “maximum pressure” measure really effective? In dealing with some small and weak countries, the US government has arbitrarily waved the big stick of sanctions and relied on its power and maximum pressure to impose its own interests. Some countries, shadowed by the powerful economic and political pressur上海千花网

e from the US, either because of a lack of overall strength or because of long-term dependence on the US, have been forced by the US to make compromises in accordance with the require

上海千花网ments of the US in negotiations, and they have to quiet down and let the US get what it wants. This is a situation that happens often and inevitably leads some people in the US to form the opi

nion that all countries, including China, will be afraid of the maximum pressure strategy and will certainly yield and surrender under their powerful pressure.

• Can trade protection make the “return of the manufacturing industry” to the US possible?

上海千花网女神会所Since the Trump administration came to power, it has put forward the proposal of “buying US goods and hiring US workers”, emphasizing the “return of the manufacturing industry”. Some people in the US

offered preferential policies to enterprises that came back to the US to set up factories. For those enterprises that moved their factories abroad, they were threatened with tariffs, forcing ente

rprises to return to the US for production. Can these trade protectionist practices really enable the US to achieve a return of the manufacturing industry?上海千花网女神会所

Whether the return of the manufacturing industry can be achieved depends first on the reasons behind the outflow of manufacturing from the US.

From the perspective of the US domestic economy, its manufacturing outflow is determined by how the local economy works.上海千花网女神会所

In the process of economic globalization, US multinational companies have transferred more and more industries to developing countries to a

chieve maximum profitability. Through industrial transfer, they reduce costs, expand markets, divert pollution, and i

ncrease the profitability of capital. At the same time, more and more capital has left the real economic sector with lo

wer profit margins, and turned to the financial sector to engage in financial speculation, leading to the hollowing out and virtualization of the US economy.

• Can economic and trade friction promote US economic prosperity?

Since 2019, the employment rate and the market value of the US stock market have remained high. In the first quarter, the actual GDP annualized quarter-on-quarter

preliminary value was 3.2 percent. Since the introduction of economic and trade friction by the US against China, the US economy seems to be

doing well. This has made some people in the US confident about constantly escalating trade friction with China. But to o

bjectively evaluate the so-called prosperity of the US economy requires a comprehensive and rational analysis.

Based on some indicators, the US economy is prospering. However, whether it will continue to prosper depends on the

state of capital accumulation. In the first quarter of 2019, the seasonally adjusted fixed-capita

l investment growth rate of the US private sector was only 1 percent, significantly lower than growth rates in 20

17 and 2018. According to US official data, US durable goods orders fell 2.1 percent from the previous month in April 2019, surp

assing the expected 2 percent decline. Shipments of core capital goods – a leading indicator of economic expansion – fell by 0.9 percent in April. Fr

om the perspective of development trends, economists are unsure about the prospects of the US economy. According to a recent survey released by the Na

tional Association for Business Economics, many economists predicted that the possibility of a recession in the US ec

onomy by the end of 2020 will almost double, mainly due to the US government’s trade protectionist policies.

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She also said that 96 percent of Polish companies are

e small and medium-sized enterprises, many of which are family businesses and contribute the greater part of the country’s GDP.

“上海千花网Poland is known worldwide for the quality of its food, such as apples and milk, which are already available on the Chinese m

arket. We believe that Chinese consumers will be more open for new tastes of Polish food in the near future,” Skoczek said.

He said the CISMEF is an international event which features the highest level, largest scale and most wid

e-ranging influence in the Asia-Pacific region and specially serves SMEs. Over the past 13 years, 16 countries and international organizations in Asia, Europe, Oceania, America (North上海千花网

America and South America) and Africa have been invited to host the exhibition, with its international influence growing year by year.

The 14th CISMEF will feature South Africa and the United Nations Industrial Development Organization (UNI

DO). With an exhibition area of more than 1,000 square meters, South Africa will appear with more than 70 characteristic enterpris上海千花网女神会所

es in industries such as agriculture, and services, to promote and present distinctive local products, industrial investment environment and cultural customs. UNIDO will set up

a special promotion area in the International Hall to popularize the knowledge of industry, and provide technical support and projects needed by SMEs.上海千花网

Currently, 31 countries, regions and organizations have confirmed their participation and booked 1,028 booths, including South Africa,

UNIDO, Egypt (first time), Malaysia, Thailand, Cambodia, Myanmar, Greece, the UAE, the United Nations Office for South-South Cooperation, Japan, Poland, Sri Lanka, Russia, Sou

th Korea, Vietnam, Bulgaria, Iran, Nigeria, Germany, Indonesia, the USA, Spain, Australia, Qatar, Brazil, New Zealand, Israel, Taiwan, Hong Kong and Macao.

上海千花网女神会所Responding to the national strategy of opening up, the fair will host several international pavilions featuring the Belt and R

oad; China-Africa Cooperation Mechanism and the Guangdong-Hong Kong-Macao Greater Bay Area; Africa pavilion; Central and Eastern Euro

pe pavilion; Middle East pavilion and Hong Kong; and the Macao & Taiwan pavilion will be set up to present distinctive products and 上海千花网女神会所quality services.

A wide range of practical events, such as the second Asia-Europe SME Financing Seminar, SME Cross-border M

atchmaking Seminar and Business Promotion of Overseas Exhibition Groups and Purchase Presentation, will be held conc

urrently to build a capital, technology and intelligence networking platform for Chinese and foreign SMEs.

With 6,000 standard booths and an exhibition area of 150,000 square meters, the 14th CISMEF is hosted by the Ministry of Industry and Info

rmation Technology of the People's Republic of China, the State Administration for Industry & Commerce, the People

's Government of Guangdong Province, the Department of Small Business Development of South Africa and UNIDO.

www.shlf20.cn

Stephen Roach, a 上海千花网品茶微信t Yale University a

 and a former ch上海千花网品茶微信airman of Morgan Stanley Asia, warned that if the US and China, wh

ich have accounted for fully 44 percent of world GDP growth since 2008, opt for a superficial res

olution or fail to come to terms on their trade conflict, the global economy could well falter.

Bipartisan political support for China bashing in the savings-shor

t US threatens to turn a trade war into a protracted and destructive economic cold war, Roach said.

“Now, more than ever, a fragile world is in desperate need of political will and wisdom,” he said.

Xiong Aizong, assistant researcher at the Chinese Academy of Social Sciences’ Institute of World Economics and Pol

itics, agreed that multilateral mechanisms are the best solution to tackle global issues.

changhaisheng.cn

With the rapid develo上海千花网女神会所tificial intelligen

nce and other tec上海千花网女神会所hnologies, some traditional professions will be replaced by new ones and universities n

eed to update their specializations so as to meet the changing demands of the workplace.

If anything, the national college entrance examination can be compared to a way station in a person’s life journey. It is hard to do a great job in gaokao, but it is even

harder to equip oneself well enough, whether at college or not, for what will unfold in the next section of the journey.

The growing number of gaokao examinees has resulted in an intensified scr

amble to squeeze through the doors into university, with accompanying pressure of being a winner or lo

ser in that competition. Yet the changing nature of work means that for some, vocational education may be the bes

t way station that better serves their interests and offers the path to a rewarding career.

www.yuanzjj.cn

decline from 85 million in 2018 to 42 million in 2040. In th

he next five to seven years, China’s policy support for new energy vehicles will drive g

lobal growth,” said Kou Nannan, head of research at Bloomberg New Energy Finance.

As early as in 2012, the State Council introduced a pipeline to guide the development of the natio

n’s EVs, with a goal of producing 2 million units and selling 5 million EVs by 2020. Later on, cent

ral and local governments carried out a series of subsidy policies in the NEV industry, such as purchase tax exemption an

d purchase subsidies, to offer greater support to the industrialization of China’s NEV industry.

According to the agency, China will specifically lead in the e-bus market. It is estimated that by

2025, China’s e-bus fleet share will reach 50 percent, and by 2040, the ratio will rise to roughly 80 percent.

www.euitdm.cn

During the team’s 40-day intensive training in Nepal, the

heir Sherpa guides had taught them how to maintain healthy blood circulation and remain safe in crowded conditions, she said.

This spring, 144 foreign and 12 Chinese climbers have also attempted to con

quer Qomolangma from Tibet, according to the Tibet Mountaineering Association. “D

espite having a smaller number of climbers, traffic jams also happened on the Tibetan side,” Ma said.

“Crowds are usual on some mountains. It’s not a new phenomenon. Climbers often lose their live

s when they don’t follow the instructions of Sherpa guides and make decisions on their own,” Kami Ri

ta, an experienced Sherpa who has reached Qomolangma’s summit 24 times, told Xinhua News Agency.

Sherpas are aware of every twist and turn and which paths to follow up mountains, so he urged the Nepali government to dis

courage mountaineers from climbing mountains without guides in order to prevent casualties.

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Father of slain student petitions court for death penalty

It’s been nearly a year since Xie Diao, a postgraduate student of the Chinese Academy of Sciences, was stabbed seven tim

es to death by his high school classmate Zhou Kaixuan at a restaurant outside the school.

Xie Zhonghua, father of Xie Diao, has been immersed in grief in the past year: He often

dreamed of his son, but then would suddenly awaken and start sobbing uncontrollably.

The case will finally be heard in Beijing First Intermediate People’s Court on May 24. To get justice for his son, Xie Zhon

ghua took to the streets and publicized the case, gathering tens of thousands of signatures that he has su

bmitted to the court. He hopes that, through his petition, the court would sentence Zhou to death.

www.exdkjp.cn