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After more than years 上海龙凤1314ng-up, now is the time

for local governments, particularly those that are eager to interact wit

上海龙凤1314女神会所h the outside world, to improve their ability to communicate with foreign parties, and m

inimize the influence of linguistic and cultural differences on mutual understanding.

When trade frictions among major economies escalated and talks were suspended, th上海龙凤1314女神会所

e G20 played a significant role in mitigating trade tensions, facilitating dialogue and safeguarding the m

上海龙凤1314ultilateral economic governance mechanism. And since economies still face difficulties in settling trade disputes, th

e G20 should continue to help them negotiate and reach acceptable agreements.

There is no doubt that unilateralism and trade protectionism pose a threat to economic globa上海龙凤1314女神会所

lization and intensify the global governance deficit. In particular, the US’ punitive tariffs on imports, e

specially from China, has intensified the trade conflicts and hurt the world economy-so much so that the Interna

上海龙凤1314tional Monetary Fund has warned that global GDP growth will decline by 0.5 percent if the trade frictions continue till 2020.

China has advocated that the World Trade Organization be reformed and the global economic order

maintained based on the principle of multilateralism so that trade disputes can be settled according to WTO rules.上海龙凤1314女神会所

But the economies disagree with some of the existing WTO rules and the system of governance. De

spite that, they are yet to find ways to improve them. Also, the economies don’t have any agreement on how

上海龙凤1314女神会所to govern emerging industries such as e-commerce and deal with behaviors harmful to the market. Which means there

is a need to strengthen the global economic governance system by modernizing rules, especially those of the WTO.

Besides, the major economies need to coordinate their policies to provide more public goods a

nd work together to improve global economic governance. Only if major economies cooperate can they produ上海龙凤1314

ce more public goods and strengthen economic governance. Therefore, to sustain global g上海龙凤1314女神会所

rowth and strengthen economic governance, major powers need to synergize their trade policies.

zsdbv.cn

Concerned about the上海龙凤1314nancial fallout after

aggressive recruitment efforts have been made by UK universities to attract non-European students.

Meanwhile, favorable policies were announced by the UK’s Department for Education上海龙凤1314

, such as allowing international students to stay up to one year after their study visas expire.

上海龙凤1314女神会所According to the 2019 survey conducted by higher education marketing company QS, which covered more

than 75,000 students and 71 universities from around the world, 77 percent of prospective inte上海龙凤1314

rnational students claim that extending the post-study leave period for the UK’s visa offer to one year would incr

上海龙凤1314女神会所ease the likelihood of them studying in the UK. And 54 percent of students stated that feeling welcome as an inte

rnational student is one of the five important factors they consider when choosing a university.

However, Zerzan says the major reason for the UK being one of the fav上海龙凤1314

orite destinations for Chinese overseas students is that British education has a trad

ition of innovation by linking academic foundations with the needs of industry. This helps to instill in its grad上海龙凤1314女神会所

uates a need for continuous learning, an innovative and entrepreneurial approach to life as well as

strong practical and relevant skills that are appreciated by employers globally.

Zerzan adds that many foreign universities aim to recruit Ch上海龙凤1314

inese students for short-term financial gains, which might result in a mismatc

h in partners, poorer research output and possible frustrations on both sides.上海龙凤1314女神会所

And he also points out that international student mobility is not just about economic funding.

“The environment now is one where there is a mass flow of students上海龙凤1314

and lecturers – a mass flow of knowledge – and the UK has to engage in that so Chinese stud

ents are among the top academic performers and contribute greatly to scholarly ex上海龙凤1314女神会所

change and academic research and development within the UK education sectors,” he says.

youhuileyuan.cn

The 5.1 percentage point growth of leverage ratio is

 out of our expectations, and it was maintained because of

countercyclical policies,” said Zhang Xiaojing, a senior economist with the CASS.

But the deleveraging process should continue, and more measur

es will be introduced to ease the debt burden, es

pecially for the private sector, said Lian Weiliang, deputy head of the National Development and Reform Commission.

One of the key measures is to further promote the debt-to-equity s

wap program, to inject more social funds into indebted companies through holding the com

panies’ shares, the NDRC official said. “We will choose more qualified private companies to join this program.”

ypqsr.cn

One aim of the literature festival is to improve the cul

ltural appeal of the countryside so as to attract people back, Jia says. The organizers are als

o working to promote communication between the authors and the villagers, and encourage more reading activities.

Rural resident Ren Chunhua, 63, who now works as a narrator at a local history gallery, was list

ening to Ge Fei’s lecture in her gallery neighboring the festival venue and wanted to buy his work and got the write

r’s signature. She thought Ma’s work inspired by village life in the 1950s was well-written and accurately reflected the reality there.

Literature aficionado Cao Liang drove for two hours from Taigu county to attend the lectures. Having coll

ected all of Su’s books and being familiar with many of the guest authors’ works, he is currently writing his own novel.

Villagers took turns to attend the festival, a move which Ren believes will in

vigorate the local cultural environment and raise Jiajiazhuang’s profile.

qianpadbe.com

These high net worth individuals each possess inve

Meanwhile, 79 percent of the Chinese high net worth individuals polled said they are optimistic about their inves

tment returns for the next six months, while the average number was 62 percent in the North Asian markets.

Despite the fact that the benchmark Shanghai Composite Index sh

ed nearly 24 percent in 2018, 67 percent of Chinese participants said they will increase their inv

estments in the stock market in the next six months, much higher than the 51 percent registered in North Asia on average.

UBS found that cash still makes up about 30 percent of the investmen

t portfolios of Chinese high net worth individuals, which is the lowest among all surveyed Asi

a-Pacific markets, and even lower than the global average of 32 percent. Although China’s number is relatively lo

w, it is comparatively one of the most significant parts of the investment portfolios of high net worth individuals.

www.vnynui.cn

Tariffs pose threat to global industrial chains, official says

The tariff increases that the United States has placed on Chinese goods affect not only the interests of Chinese companies and consumers, but also their US cou

nterparts and threaten the security of global industrial and supply chains, according to a senior Chinese industrial official.

“We once again urge the US to stop unreasonably suppressing Chin

ese companies. Chinese companies deserve to invest and operate in a fair and just en

vironment in the US and the world,” Vice-Minister of Industry and Information Technology Wang Zhijun said.

Concerning the US decision to further increase tariffs on Chinese imports, Wang s

aid during a recent interview with news media that the total impact is “controllable”.

The nearly $200 billion of Chinese goods hit by additional US tariffs on May 10 acco

unted for 41.8 percent of China’s US exports in 2018, or 8 percent of its total exports.

www.shlftv.com

improved markedly. Their population has grown fro

rom about 2 million in the 1950s to about 13 million, and their religious rights and practices are protected by the law.

Nor would it adopt a double standard and criticize China’s efforts to counter terrorism and extremism. Last year, tourists fr

om home and abroad paid more than 150 million trips to Xinjiang, thanks to the improved security situation in

the region. That Xinjiang has not witnessed any violent or terrorist incidents in recent years proves the effect

iveness of the joint efforts of the government and local people in maintaining regional peace and stability.

Xinjiang is undoubtedly in its best development stage in histo

ry. Facts speak louder than words, but still they cannot wake up persons pretending to be asleep.

The targeting of Hikvision is just par for the course for the curren

t US administration, which is obsessed with impeding China’s development.

zzyosj.cn

Learning to work together in an orderly, high trust lev

, and supported by diverse interest groups will prevent conflicts among stakeholders in the South China Sea,” Santarita said.

China is in the midst of implementing a host of reforms, which are focused on opening up its economy to foreign compet

ition and strengthening its private sector. They are needed to upgrade its industries and avoid the dreaded middle-income trap.

Many of these reforms are exactly what the United States is asking for in the trade negotiation

s, but China is actually pursuing these reforms primarily to achieve its own long-term internal economic goals.

He said Asia’s emphasis on “respect for authority, respect for the environm

ent and the discipline to control the use of resources” will also see Asian leaders purs

uing a more eco-friendly development path and honor their commitments to the Paris climate agreement.

“If there is harmony, discipline, stability and the primacy of family and com

munity over the individual, then any problem can be easily addressed,” Santarita said.

www.pldyjo.cn

Balancing growth with structural reformting perform

After a disappointing performance in 2018, China’s economy appears to be stabiliz

ing. In the first quarter of 2019, GDP growth, at 6.4 percent year-on-year, matched that of the previous quarter. But grow

th in industrial production exceeded expectations, expanding by 6.5 percent year-on-year (and by 8.5 percent in Mar

ch). Even exports growth was positive, albeit weak, despite the ongoing trade frictions with the United States.

Moreover, fixed-asset investment (FAI) grew by 6.3 percent-0.2 percentage points higher than in the previous quar

ter. Investment in real estate grew the fastest (11.8 percent), followed by manufacturing (4.6 percent) and in

frastructure (4.4 percent). The growth of investment both in real estate and infrastru

cture was stronger not only sequentially, but also year-on-year. As usual, consumption growth was stable.

www.weishow.com.cn

hina, International Pavilion big expo drawsing distr

As landmarks of the International Horticultural Exhibition 2019 Beijing China, the China Pavilion and the Inter

national Pavilion are attracting large numbers of visitors thanks to their unique designs and functions.

Covering an area of 5 square kilometers, the expo is being held in the capital’s Yanqing district.

Following the ancient wisdom of the Chinese people, the China Pavilion takes the shape of a green b

uilding that can “breathe” and has “life”, as described on the exhibition’s official website.

Core portions of the pavilion are composed of terraced fields. Fun

ctions of both irrigation and insulation are at play, and th

e fields help reduce energy consumption of the building while also offering heating or cooling functions.

www.ixhhw.cn