settlement and sales by banks stood at $6.6 billion, down 44 percent from H2 2018, SAFE data showed.
The reading indicated a relatively good supply-demand situation of the forex market, while monthly fluctuations refl娱乐地图
ected the overall stability of market expectations and the market-oriented adjustment of prices, Wang said.
娱乐地图女神会所According to Wang, China’s forex market showed stable sentiment amid trade frictions with the US and the exchanges bet
ween Chinese and American companies are still very close, which is playing a positive role.
“We are confident to cope with the changing situation and maintain the stability of cross-border capital flows in China,” Wang said.娱乐地图女神会所
A national bankruptcy mechanism is under discussion by policymakers, covering local gover
娱乐地图nments and enterprises, to prevent systemic financial risks, said a senior official with the central bank.
“The key task is to prevent debt default risk,” said Wan Cunzhi, director-general of the PBOC’s Credit Information System Bu
reau, at a news conference on Thursday. He said the mechanism will include inde
bted local governments, while market-oriented measures will be introduced to ease their debt burden.娱乐地图女神会所
Bankruptcy of local governments was rarely mentioned in China before, and the official didn’t re
娱乐地图lease more details on the mechanism. It reflected that policymakers have noticed the potential challe
nges and more measures are expected to strengthen financial stability, analysts said. Total local government deb
t reached 19.9 trillion yuan ($2.89 trillion) by May, according to the Ministry of Finance.娱乐地图女神会所
The State Council released a guideline on Tuesday for building a credit-based market regulation system. The bankruptcy mechanism is one part of the who
娱乐地图le system. Besides local government, individuals and enterprises will also be regulated.
Companies with bad credit records will receive serious punishment
, said Lian Weiliang, deputy head of the National Development and Reform Com娱乐地图女神会所
mission. “For the worst scenario, the companies could be prohibited from the market.”
The measures for rating companies’ credit are being drafted, and market-oriented third-part
y institutions and industry associations will be involved in the rating process, according to Lian.
we are declining less than the market. Instead we are increasing our market share, so it’s still quite a sizable
上海龙凤419女神会所business for us. We are keeping our profitability high and the cash flow is still good. The other businesses are growing in a co
mplicated market because the Chinese economy is not (growing) the same as before, and neither is Europe. The rest of t
he growth engines have grown in both sales and profits. It proves their contribution to profits.上海龙凤419女神会所
What’s your take on the current global economic uncertainty especially in US-China trade? How will this affect your company’s business?
上海龙凤419女神会所The world has become a much more complex place to do business. Although the trade friction hasn’t had a real impact on us
yet, we have of course paid attention to the two big superpowers in the world that not only have an impact on bila
teral relationships, but also worldwide. We believe in free markets, and global market uncertainty is det上海龙凤419女神会所
rimental to business activities. We think the world is global, technology is global, and knowledge is global. We will cont
i上海龙凤419女神会所nue to invest quite a lot worldwide, and of course in China. We have made two acquisitions, LiteMagic and WiZ. We con
tinue to invest here because we believe in the potential of the Chinese economy.
You had a big presence during last year’s CIIE. What about this year?上海龙凤419
We plan to make our exhibition space 50 percent bigger at about 300 square meters. Meanwhile, we wil
上海龙凤419女神会所l showcase our latest innovations, including Li-Fi to Li-Fi Generation 2, Zigbee based Hue, Wi-Fi-based
WiZ, horticulture lighting, animal lighting, 3D printing and other new applications.
Last time we talked about Li-Fia two-way, high-speed wireless technology similar to Wi-Fi, which uses light waves instead of radi
o waves to transmit data. Signify’s Li-Fi products could provide a broadband internet connection through light waves wi
thout compromising lighting quality. But it was the beginning of it. Now we can say that we have four pilots in China for Li-Fi – one
with the China Academy of Building Research, where they’re testing and improving the capacity of that technology. So, we’ve moved from prese
nting the technology to application, finding customers and developing pilots. So this is the big change from last time.
Do you have any plans especially in the Yangtze River Delta region?
We don’t only look at our investment from a geographic perspective. We have invested in research and development and China is ho
me to the second biggest R&D center that we have. We develop not only for China but also for the world. It’s mostly in
Shanghai but also in Shenzhen. With that company, we are “potentializing” it, which is increasing sales in China, but
also helping the products that company has worldwide. We believe in investment, and we’re going to invest more.
omplicated process, which requires a unanimous vote of the En
d-User Review Committee, which comprises the Department of Commerce as chair, and the depar上海后花园
tments of state, defense and energy and other agencies. Which means Huawei could remain on the list for some time.
上海后花园品茶微信The US may have relaxed restrictions on Huawei, but that alone is not enough for the Chinese company
to develop its overseas markets. So Huawei can continue to purchase chips and other tech上海后花园
products from US companies to make mobile phones but cannot sell those mobile phones in the US.
Also, the US’ decision to keep Huawei on the Entity List until the concl
上海后花园品茶微信usion of the Sino-US trade negotiations will lead to considerable uncertainty. And the US presi
dential election next year could complicate matters further, as the American public opinion about China,
and the attitudes of the Democratic and the Republican parties could influence the final outcome.上海后花园
The US has relaxed the restrictions on Huawei as a negotiation strategy w
ithout changing its China policy. Since the information and communication te
上海后花园品茶微信chnology sectors of the two countries are still intertwined thanks to economic globalizat
ion, Huawei and China’s high-tech industry have become bargaining chips in Sino-US trade negotiations.
Chinese companies should therefore make greater efforts to intensi上海后花园
fy research and development in technology, particularly in high-tech and
core technologies, so they can better tackle eventualities and ultimately become self-sufficient.
上海后花园品茶微信The author is an associate professor at the Institute of International Relations, Com
munication University of China. The views don’t necessarily represent those of China Daily.
Thiel is seeking to leverage the annoyance of the US Department of Defense and hawk
s in the administration that Google has withdrawn from some US defense projects after a backlash from its employees.上海后花园品茶微信
Google was targeted with similar accusations in March, when General Joseph Dunford, chairman of the Joint Chiefs of Sta
上海后花园ff, expressed such unfounded concerns about Google in a congressional hearing.
Google has repeatedly denied any relations with the Chinese government or the Chinese military.
In response to the latest charges, Riva Sciuto, a spokeswoman for Google, said: “As we have said before, we do not work wit上海后花园
h the Chinese military. We are working with the US government, including the Depar
上海后花园tment of Defense, in many areas including cybersecurity, recruiting and healthcare.”
It is irresponsible of the US leader to buy into Thiel’s allegations and cast aspersions
on China. Google has little business in China. But, to some extent, Thiel has just given him the excu上海后花园品茶微信
se he needs to cow Google ahead of the election campaign that is looming ever closer.
上海后花园The White House has growing concerns about Google’s influence ove
r internet searches and online advertising. It is reportedly mulling a crackd
own on Google for supposedly disadvantaging conservatives in search results.
But as shown by the recent controversial tweets against four congresswome上海后花园品茶微信
n by the White House, it is not going to let the truth and social niceties get in the way of its
attack on Google. As such, China has become a victim of US domestic politics, as it ha上海后花园品茶微信
s been put in the cross-fire between the White House and the internet giant.
The baseless charges against China do a disservice to the efforts of those working hard to hammer out the details of a trade deal.
Major stock and bond index providers have started, or have announced that they intend, to in
crease the weighting of China’s securities in their respective benchmark indexes over the course of 2019-20.上海419论坛品茶微信
Global index provider MSCI Inc. announced in February that China’s coverage in the MS
上海419论坛CI Emerging Market Index will increase from its coverage of 235 large-capitalization A-shares to 253 la
rge-and 168 mid-capitalization stocks. On a pro forma basis, A-shares will constitute 3.3 percent－a significant incr
ease from the current 0.7 percent－of the MSCI-EM Index when the process is completed in November.上海419论坛品茶微信
The FTSE Russell, the first international index provider of the Chinese ma
上海419论坛inland’s benchmarks 20 years ago, has elevated China’s A-shares to emerging market
status and started adding them to the FTSEEM Index from June 24, 2019. Upon full imple
mentation of phase 1 by March 2020, the A-shares will make up 5.7 percent of the index.上海419论坛品茶微信
And the Bloomberg Barclays Global Aggregate Bond (GAB) Index started the process of including China’s yuan-deno
上海419论坛minated government and policy bank bonds as a constituent on April 1. Other index providers, such as the FTSE R
ussell and JPMorgan, are reportedly also considering adding China’s debt to their indices.
The MSCI, FTSE Russell and Bloomberg Barclays GAB indexes cover a sizable share of the invest上海419论坛品茶微信
ible markets in the world. For example, the MSCI-EM alone is tracked by an estimated $1.9 trillion in
上海419论坛assets under management (AUM) from pensions, endowments, passive funds, and other investors. And the re-weighting
of these major global investment indexes is expected to result in a re-allocation of capital across emerging markets. As a
result, China’s asset market will inevitably become more important for global in上海419论坛品茶微信
vestors, notwithstanding the “noise” created by the ongoing US-China trade tension.
e held in New York from March 6-9, marking the US (United States) pr
emiere of Chinese composer Zhao Lin’s A Happy Excursion, a concerto for cello, orchestra a上海乌托邦
d the Pipa. “I was thrilled when I saw so many Westerners watched our performances,” recalls Wu.
上海乌托邦品茶微信She is pleased the younger generation of the pipaplayers tends to be better s
killed than the older generation of performers. She suggests the young people should b
etter understand traditional Chinese culture. Why? Someday, when the young artists perform the traditional Chinese m上海乌托邦
usic on the global stage, they will realize the significance of seeking the roots of the traditional Chinese culture.
Wu cannot remember how many times she has staged performances,上海乌托邦
both at home and abroad, during the past three decades. “My most unforgettable perfor
上海乌托邦品茶微信mance took place in a small music hall in the Republic of Tajikistan several years ago. While I was playing the pipa, th
e audience was so quiet that I could even hear their breath. My heart was filled with delight when I noticed they wer
e responsive to my hands’ movements when I played the pipa. I felt I was lucky to find such a keenly appreciative au
dience,” recalls Wu. “As most of the residents had little chance for entertainment, they considered my上海乌托邦品茶微信
oncert a ‘great event’ in their lives. I was deeply touched by their respective, pious attitude.”
Wu’s zest to perform inspires her to make continuous efforts to pursue artistic perfection, so m
ore people from around the world will be impressed by the unique artistic beauty of the pipa.上海乌托邦
Musicians from China and Malaysia jointly put on a classical m
usic performance in Kuala Lumpur on Tuesday, playing out melody featuring cul
tural uniqueness to mark the 45 years of diplomatic relations between the two countries.上海乌托邦品茶微信
The “Maritime Silk Road Legend Concert 2019” was held in conjunction with marking the 45 years of the diplo
matic relations between the two countries, as we
ll-known conductor Tang Muhai guiding the Guangxi Symphony Orchestra conveyed the meaning of Chin上海乌托邦
ese traditional culture and friendship to the Malaysian people through classical music.
The performance drew hundreds of audience including senior Mala
ysian government officials like Mohamaddin Bin Ketapi, minister of tourism, arts and cul上海乌托邦品茶微信
ture as well as Foreign Minister Saifuddin Abdullah and Education Minister Maszlee Malik.
In his message to the performance, Mohamaddin said he believed that the perf
ormances would greatly enhance bilateral cooperation between Malaysia and China.
ory of Music Middle School, in Beijing. Her score for pipaperformance ranked first among candidates in the country. From 1981-1987, she stu
died at the Central Conservatory of Music (in Beijing), where she became the first reci 上海419论坛
pient of a master’s degree in the pipa(in the country). Then, she began teaching at the school. However, she was not s
上海419论坛品茶微信atisfied with the “stable life.” In 1990, she traveled — alone — to Los Angeles (LA), to pursue further studies in the pipa.
Wu felt lost when she first arrived in LA, as most Americans, who had never seen the pipa, were not
accustomed to the musical instrument. As she struggled to adapt to her new life, Wu performed, in her 上海419论坛
spare time, in communities and primary and middle schools (in LA), to help Americans understand the beauty of the
上海419论坛品茶微信pipa. At the same time, though, Wu felt as if she were in music heaven, because she was able to study various ge
nres of music, including jazz, musicals, electronic music and rock and roll, to her heart’s content.
To help Americans understand the beauty of the oriental mus
ical instrument, she has, for the past three decades, played the pipa during numer 上海419论坛品茶微信
ous musical performances, including recitals and symphony and chamber music concerts. As a result, ma
上海419论坛ny Americans have become Wu’s fans. As Musical America (the oldest American magazine on classical music) noted, “She is th
e very model of a modern soloist, but more importantly, her work is part of a big step in the evolution of Western classi
cal music. Thanks to her, the pipa is no longer an exotic curiosity, let alone a complete mystery.” 上海419论坛品茶微信
Compared with Western music, traditional Chinese music tends to be more abstract, which leaves one with greater ro
上海419论坛om for imagination. After you watch a pipa performance, you may enjoy its lasting, and pleasant, aftertaste.
Wu’s adventurous spirit and virtuosity have led to collaborations across disciplines, and ha
ve allowed her to reach wider audiences, as she has worked to break through cultural and musical border 上海419论坛品茶微信
s. As a result, an increasing number of Westerners have been fascinated by the unique charm of Wu
上海419论坛’s “lute -like instrument.” During the past 29 years, Wu has achieved fruitful results in collaborating with Kronos Q
uartet. Early in 1995, Wu and Kronos premiered their first project, Tan Dun (a Chinese contemporary classical co 上海419论坛品茶微信
mposer and conductor)’s Ghost Opera, at the Brooklyn Academy of Music (in New YorkW
ithin a short time, Wu and Kronos embarked on a worldwide musical tour. Their performances were well received.
oga Lin gave a show in Beijing recently as part of his Idol World Tour, wh
ich he launched in 2018 at the Taipei Arena, to mark a decade in the music business. 上海419
For the Idol World Tour, Lin, 31, is music director. And he ha
上海419品茶微信s rearranged his hits and worked with multimedia artists to design the visual images.
Meanwhile, the veteran-studded cast also includes actor Wu Gang, known for China’s all-time h 上海419
ighest-grossing film Wolf Warrior 2, and Taiwan actor Chin Shih-chie, a best supporting actor w
上海419品茶微信inner at Beijing International Film Festival for the martial arts film The Master in 2016.
Separately, at a recent promotional event in Beijing, Huang said that most of the scenes for the series were shot over eight m
onths at a film and TV drama filming base near the West Taihu Lake in Changzhou, in Jiangsu province. 上海419
After Beijing, Lin will tour other Chinese cities, including Qingdao, in Shand
ong province; Nanjing, in Jiangsu province and Changsha, in Hunan province, till the end
上海419品茶微信of August. And besides China, he will go to Auckland, Melbourne and Sydney in September.
Lin, who was born in Pingtung, Taiwan, joined a rock band while in hig
h school and performed in local pubs before launching his career as a singer.
He took his first steps to stardom by winning the first season of the One Mil 上海419品茶微信
lion Starcompetition in 2007, a popular reality TV singing contest in Taiwan.
So far, he has released five full-length studio albums, includi
ng Fiction and Perfect Life, both nominated for awards at the Taiwan Golden Melody Awards. 上海419
n an acting career spanning over 20 years, Huang Zhizhong has star
上海419red in a number of roles, ranging from the upright official Hai Rui in the Ming Dy
nasty in 1566, to Communist Party military leader Zhu De in The Founding of an Army.
But the ambitious actor is now shifting gears. And his directorial debut, De 上海419品茶微信
tective Ke Chen, recently made its debut on Beijing Satellite TV and the streaming site iQiyi.
Set in 1920s Tianjin, the 44-episode period drama centers on a detecti 上海419品茶微信
ve working at the city’s police station who unravel a series of mysterious cases.
In the series, Huang stars as detective Ke and actress Li Qian plays Ke’s romantic interest.
media accuse China of violating human rights in Xinjiang not because they care for the people of the region but because they want to use hu
man rights as a weapon to attack China so they can hide their own atrocious human rights records.
Just as Deng Xiaoping said, some Western countries use issues su
ch as human rights to criticize China, but what they’re really after is China’s sovereignty. In pa
rticular, the US, given its grim human rights record, has no right to criticize China.
If governments and people across the world want to safeguard huma
n rights and promote the global cause of human rights, they should abandon their biases ag
ainst each other, respect cultural diversities and realize that human rights are really ab
out making people’s lives better, which is exactly what the central government has been doing in Xinjiang.
of the State Council, China’s Cabinet, on Wednesday, it was decided t
hat 10 percent of the shares of domestic large-and medium-sized State-owned e
nterprises will be transferred to the social security fund. Beijing News comments:
State capital belongs to the people and should benefit all members of society. It is also the co
mmon practice of developed countries to supplement social security fund with State-controlled capital.
After the money is transferred, the SOEs will enjoy the rights and profits
as financial investors, while the social security fund will be strengthened.
Before the move, the social security fund mainly rel
ied on enterprises and fees paid by individuals plus financial subsidies.
Especially, in the past round of SOE reform, many retirees were allo
wed to get their pensions without ever paying for them, which means the whole society sub
sidized the SOEs. Now the SOEs are flourishing and it is time they render some help back to society.
Money from the SOEs has long been considered an important way to supplement the social security fund. Howev
er, progress in achieving this goal has been rather slow. According to a national audit report, at the end of March this
year, only 113.2 billion yuan ($16.42 billion) of 23 SOEs had been transferred to the social security fund, which account
s for less than 10 percent of the planned total. Only four provinces had started the job.
There are vested interests behind this. For example, certain local government
et revolution, should be encouraged to actively participate in the program and freely voice thei