For those who are concerned about China’s economic well-being, the first half-year fig

ures released by the National Bureau of Statistics on Monday may not be enough to relieve them of their worr上海419

ies, especially given the ongoing trade conflict with the United States and weakening global demand.

上海419After all, a 6.2 percent growth in the second quarter — although still within the gove

rnment’s target range of 6-6.5 percent for the year — was the weakest in nearly three decades.上海419

This, together with lukewarm trade readings released on Friday — exports fell 1.3 percent in June from a year earlier and imports dropped 7.3 percent — sugge

sts economic conditions are still severe and, with external uncertainties on the rise, the economy “is under new dow

上海419女神会所nward pressure”, as NBS spokesman Mao Shengyong said at a news conference.

But again, this is really a question of do you see the glass half empty or half full, given that

China remains one of the world’s fastest-growing major economies. While pessimists focus on the diffi

culties, optimists see the silver lining of the Chinese economy’s remarkable resilience given the headwinds it faces.上海419

For example, retail sales, a major gauge of consumption, surged 9.8 percent, much higher than the expected 8.5 percen

t and also the highest since March 2018. Many analysts attribute the progress to the central government’s ef

forts to boost domestic consumption — these range from massive tax cuts of nearly 2 trillion yuan ($291 billion) to the iss上海419女神会所

uance of 2.15 trillion yuan of special bonds by local governments for infrastructure construction.

上海419Other strong data, such as a 6.3-percent increase in industrial output an

d a 5.8-percent rise in January-June fixed asset investment, all indicate that the fund

amentals for steady growth remain unchanged and the government still has ample room for policy maneuvers.

Actually, once last month’s much-better-than-expected gains in retail上海419女神会所

sales, factory output and fixed-asset investment were announced, the market quickly cast its vot

上海419女神会所e of confidence in the Chinese economy. The benchmark Shanghai Composite Index ended 0.4 percent up on Monday a

fter casting off losses that had pushed it down as much as 1.5 percent in the morning ahead of the data release.

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To better preserve the grasslands and reduce environmental degradation caused by grazing

, local herdsmen have returned their lands to nature and resettled in county urban areas. 上海419

In cooperation with China Pacific Insurance Co, the management committee guarantees the conservators with compens

 上海419品茶微信ation of up to 300,000 yuan ($43,600), covering injuries and accidents,” said Mou Yonghong, an o

fficial from Sanjiangyuan National Park’s Lancang River Management Committee.

A mechanism for livestock compensation has also been established: each lost cow is compensated with 500 to 1,500 yuan ($70-200), depending on age. 上海419品茶微信

To encourage more residents to take part in environmental protection, the lo

cal government has combined this goal with poverty alleviation. They offer positions of “e

 上海419cological conservators” for every registered family, paying each family a monthly subsidy of 1,800 yuan ($260). The co

nservators are responsible for patrolling the lands, collecting and disposing of garbage and monitoring wildlife.

With more people working as conservators, Tsewang Dorje, deputy head of the 上海419品茶微信

ecological management station of Namsei village, noted the overall environmental awareness of l

ocals has progressed, and environmental protection has gradually become part of their lives. 上海419

“We see little rubbish left on the mountains now. Every year bef

 上海419品茶微信ore the season for picking chongcao, we train the villagers and ask them to fill in the pits afte

r digging the caterpillar fungus so as to reduce damage to the pasture. They’ve also learned the habit of taking their food wa

ste down the mountains. Their conscientiousness has grown a lot,” he recalled.

“When people’s awareness of the environment improves, my work becomes 上海419

much easier,” echoed Lekga, who has worked as a conservator for three and a half years.

As the environmental status advances, the wildlife population increases. One problem, accordin 上海419品茶微信

g to locals, is damage to houses, livestock and people caused by animals such as brown bears and wolves.

To address such concerns, Sanj 上海419iangyuan National Park’s managem

ent committee has purchased insurance for more than 17,000 ecological conservators.

“I used to be a herder. I moved out from my pasture because I learned lives

tock cause damage to the land,” recalled 50-year-old Dorje Tsering, a Tibetan herd 上海419品茶微信

sman who moved to downtown Yeqing village in Yushu’s Zhidoi county around six years ago.

After relocation, Dorje Tsering and his family now receive an annual sub

sidy of 2,100 yuan ($300) each, paid for by the county government. The family also mak

es money by picking chongcao, or Chinese caterpillar fungus, every year in May and June, as many other villagers do. Cat

erpillar fungus is one of the most precious ingredients in traditional Chinese medicine.

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g and rent subsidies for professionals working in the CSGKC.The gove

上海419rnment will also launch a batch of public facilities including an international conference cent

er, sports center, neighborhood center, library and museum that meet international standards.Infrastructure pro上海419品茶微信

jects including eight railways, five expressways and seven urban expressways are under construction and a ne

上海419w metro line is scheduled for operation in late September.An intercity light rail is also slated to be put into se

rvice next year. By then, travel time from the CSGKC to other cities in the Bay Area is expected to be reduced to within an

hour.In addition, a high-speed rail station and convenient traffic routes to the airport, railway stations and the port of G上海419品茶微信

uangzhou are planned.he construction of a smart industry park started in Sino-Singapore Guangzhou Kn

owledge City (SSGKC) on Thursday. The knowledge city was elevated to a national-level project last m上海419品茶微信

onth.Involving a total investment of 1.4 billion yuan ($203.34 million) and scheduled to be completed in 2020, the China-Singapore International Smart In

dustry Park will focus on the development of technology related to the internet of things, big data and cloud ec

上海419品茶微信ology.It is designed to empower companies developing applications in the smart home, transport, office, healthcare and

city industries, according to the administration of Huangpu district, Guangzhou, where the project is located.

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hinese President Xi Jinping holds a welcome ceremony for Turkish President Recep Tayyip Erdogan

上海419before their talks in Beijing, capital of China, July 2, 2019. Xi held talks with Erdogan at the Great Hall of the People in Beijing on Tuesdhinese President Xi Jinping held talks with his Turkish counterpart Recep Tayyip Erdogan at the Great Hall of the People on Tuesday, pledging more efforts to promote strategic cooperation between the two sides and work for sound bilateral ties.

Last year, China’s per-capita gross national income (GNI) hit $9,732, higher than that of middle income countries, according to a report released by the National Bureau of Statistics Monday.上海419

This year marks the 70th anniversary of the founding of the People’s Republic of China. Over the past seven decades, China’s national economy maintained rapid growth, with a tangible rise in its economic aggregate, the report said.

The report, which elaborates economic and social development achievement since the founding of New China 70 years ago, show

ed China’s GDP was 67.9 billion yuan in 1952, with per-capita GDP of 119 yuan. In 1978, C上海419品茶微信

hina’s GDP rose to 367.9 billion yuan, accounting for 1.8 percent of the global economy and ranking No 11 in the world.

Since the country began to implement reform and opening-up in 1978, China’s economy has maintained rapid growth. Its econo

mic aggregate surpassed 1 trillion yuan in 1986 and 10 trillion yuan in 2000, becoming the sixth-largest economy in the world上海419

. In 2010, China’s economic aggregate was 41.21 trillion yuan, overtaking Japan to become the second-largest economy.

上海419Over the past three years, China’s economic aggregate has topped 70 trillion yuan, 80 trillion yuan and 90 trillion yuan, respectively. Last year, Ch

ina’s economic aggregate reached 90.03 trillion yuan, accounting for nearly 16 percent of the global economy, while its

per-capita GNI reached $9,732, higher than the average level of middle income countries.上海419品茶微信

China’s financial strength has also improved greatly, with big increase in fore

ign reserves. In 1950, China’s fiscal revenue was only 6.2 billion yuan, and the figure rose to 113.2 billion yuan in 1978.上海419品茶微信

Since the country began its reform and opening-up, China has seen a surge in fiscal revenue. In 1999, China’s national fis

cal revenue exceeded 1 trillion yuan for the first time, and reached 11.72 trillion yuan in 2012, and 18.34 trillion yuan in 2

018. Between 1951 and 2018, China registered an average annual growth of 12.5 percent in fiscal revenue, providing st

rong capital guarantee to promote economic development and improve people’s livelihood.

Since the reform and opening-up, China’s foreign exchange reserves have show

ed stable growth. As of 1978, the figure stood at $167 million, ranked 38th in the world. By

the end of 2006, China’s foreign reserves surpassed $1 trillion and become the world’s largest. The figure w

as $3.07 trillion as of the end of last year, ranking at the top worldwide for 13 consecutive years.

Industrial structure continued optimization and upgrade over the past 70 yea

rs. At the early stage of the founding of the country, China’s agricultural production has weak bases, wit

h lower grain output. Since the reform and opening-up, the agricultural economy witnessed rapid development. In

2012, China’s total grain output rose to 612.23 million tons from 304.77 million tons in 1978, while the total output value of ag

riculture, forestry, animal husbandry and fishery increased to 8.63 trillion yuan from 139.7 billion yuan.

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University, said, “Although the DMZ meeting has created significant momentum that will help restart a change on the Korean Peninsula, as sanctions will remain in place, chances are

 上海419品茶微信not high that the meeting will lead to a major change in the short-term trajectory of denuclearizing the peninsula.”

One of the most encouraging signs that emerged from the meeting between President Xi Jinpi

ng and US President Donald Trump on the sidelines of the G20 Summit in Osaka on Saturday was the s 上海419

oftening of Trump’s stance on the sanctions the US administration had imposed on Chinese telecommunications equi

pment provider Huawei. Trump said US companies can continue selling telecom components to Huawei. 上海419

If US companies indeed continue selling telecom components to Huawei, it will come as a big relief to the world at a time when th

e international community fears the “technology decoupling” of world’s largest and second-largest economies could u 上海419品茶微信

ndermine global technological development, especially the commercialization of 5G technology, in which Huawei is a leading global player.

Previously the US administration was reportedly mulling banning 5G telecom equipment designed and manufactured in China, includin 上海419

g those made by multinational companies such as Ericsson and Nokia, from the US market.
The fact is, as a global leader in 5G, Hu

 上海419品茶微信awei is too big to fail. After the US administration banned American companies from selling chips to Huawei an

d other Chinese companies, Silicon Valley has suffered as much, if not more than, Huawei. Besides, some companies co

ntinued to supply chips to Huawei via their overseas branches in order to avoid violating the US ban. 上海419品茶微信

Hopefully, the Xi-Trump meeting and the likely resumption of trade talks between China and the U

S will prompt Washington to adopt a consistent and the right approach toward Chinese high-tech co

mpanies, not least because China tends to treat all companies, domestic as well as foreign, equally. 上海419品茶微信

For example, with research and development centers and manufacturing bases in China, Er

icsson and Nokia have won big contracts in the just launched bid for 5G network devices. These companies hav

e been supplying to markets and serving telecom operators and enterprises across the globe, by capi

talizing on China’s skilled workforce, world-class infrastructure and complete industrial chain.

Yet, if the US does not lift the ban, such companies would have to endure higher production co

sts. They could even be forced to transfer their businesses out of China, although both Ericsson and Nokia cl

aim they can operate production bases in other countries despite the higher costs, due to the flexible supply chain.

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Sino-US leaders’ 上海419品茶微信meeting on the sidelines of gathering in Japan expected to ease tensions

President Xi Jinping’s upcoming trip to Japan for the G20 Summit will reinforce international consensus on upholding multila

teralism and an open economy amid rising protectionism that looms large over the global economy, observers said.

They said Xi’s upcoming meeting with United States President Donald Trump on the

sidelines of the summit could also de-escalate bilateral trade tensions between the world’s two largest economies.

Xi will be in Japan from Thursday to Saturday to attend the 14th G20 Summit in Osaka at the in

vitation of Japanese Prime Minister Shinzo Abe, Foreign Ministry spokesman Lu Kang said on Sunday.

www.whcoding.cn

General Secret上海419品茶微信ary of the Central Committee of the Communist Party of China and Chinese President Xi Jinping sa

t down Thursday for talks with Kim Jong-un, top leader of the Democratic People’s Republic of Korea (DPRK).

Xi is paying a two-day state visit to the neighboring country at the invit

ation of Kim, chairman of the Workers’ Party of Korea and chairman of the State Affairs Commission of the DPRK.

Xi highlighted China’s firm position on Wednesday to build close ties with the DPRK, and reaffirm

ed Beijing’s support for Pyongyang in striving for the political settlement of the Korean Peninsula nuclear issue.

Xi made the comments in a signed article published by the DPRK’s mainstream media

including the Rodong Sinmun, an official newspaper of the Central Committee of the Workers’ Party of Korea.

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crash involving 上海419女神会所a bus carrying a junior ice hockey team has killed at least 14 people and critically injured three others in Saskatchewan, Canada.

The Humboldt Broncos team, which has members aged between 16 and 21,

were en route to a play-off game when their bus collided with a lorry on a rural road.

The identities of the dead have not yet been released by officials.

Tributes have been paid across Canada, including by Prime Minist

er Justin Trudeau, who tweeted his condolences.
The lorry and bus collided on Friday at a

round 17:00 local time (23:00 GMT) on Highway 35, north of Tisdale in the province of Saskatchewan.

The Royal Canadian Mounted Police said 28 people incl

uding the driver were on the bus at the time, and that fourteen people were killed.

Fourteen people who were aboard the bus have been taken to hospital. Three are in critical condition.

www.guapogang.cn

The Indian governmen上海419品茶微信t has decided to impose retaliatory d

uties worth over 200 million US dollars on 29 products from the United States to co

unter the penal duties imposed on Indian aluminum and steel, local media reported Saturday.

The decision, to be officially notified on Sunday, came a few days ahead

of the scheduled visit of the US Secretary of State Mike Pompeo to India to discuss def

ense and trade issues, the Hindu Business Line quoting an unnamed government official as saying.

In June last year, India announced retaliatory tariffs worth 230 million US dollars on 29 US goods. However, India h

as since been postponing implementation of the duties in a bid to address trade concerns.

The trade concerns including the proposed withdrawal of the Generalized System of Preferences by the United States o

n India taking effect on June 5, may have prompted New Delhi to finally put the duties in place, the report said.

www.shlfwab.com

in 2018, up 10.9 percent year-on-year with mobile games accounting for 47 percent of the total at $63.2 billion, up 12.8 per

cent year-on-year, gamesindustry.biz reported citing statistics from market analysts Newzoo.

China’s actual sales revenue of gaming industry rose 5.3 percent year-on-year to 214.44 billion yuan ($31.11 billion) last year, accounti

ng for 23.6 percent of the global gaming market, Financial Times reported, adding that social respo

nsibility should be an important part of gaming industry development.With the approach of full com

mercial use of 5G, local governments in China have intensively introduced their plans on 5G development recently, as r

egions like the Pearl River Delta region, Yangtze River Delta region and Beijing-Tianjin-Hebei region are gearing up t

o cultivate industrial clusters valued at trillions of yuan, according to a report by Economic Information Daily.

ex083.cn