David Wang, head of上海乌托邦nomics at Credit Suisse

 said another cut in the reserve requirement ratio — which wi

上海乌托邦ll reduce funds banks keep in vaults and boost lending — may be conducted later this year.

“As the United States Federal Reserve will probably gradually cut interest r

ates and domestic inflationary pressure may ease, China’s monetary policy options are exp上海乌托邦品茶微信

ected to further broaden,” said Cheng Shi, chief economist of ICBC International.

上海乌托邦To support financial reforms, the People’s Bank of China — the cent

ral bank — may refrain from broad-based easing but adopt more structural tools in the

coming months, such as targeted reserve cuts to boost lending to small businesses, Cheng said.上海乌托邦品茶微信

On the fiscal side, policies facilitating debt financing of infrastructure projects may be stepped up, he added.

The country has set a 2.15-trillion-yuan ($312.4 billion) spe

cial local government bond issuance quota to help finance infrastructure projects.

Iris Pang, director of ING in China, said policymakers may even

上海乌托邦roughly double the fiscal stimulus for infrastructure projects to 4 trillion yuan.

This will offset the expected reduction in exports and related supply-chain reloc上海乌托邦

ation activities, securing the GDP growth rate for the second half at 6.3 percent.

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JPMorgan’s Zhu said the economy may slow a bit in the second half but ma

nage to grow by 6.2 percent for the full year, as increased infrastructure investment and stab上海乌托邦

le consumption will counter the drag from exports and manufacturing investment.

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Xue Yi, a finance professor at the University of International Business and Economics in Beijing

, said the debut of the Nasdaq-style tech-heavy STAR Market will also lend support to the economy.

On Monday, the first 25 companies are due to debut on the Shanghai Stock Exchange’s STAR Market.上海乌托邦

“In the second half, the much-anticipated new board is expected to raise public interest i

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n the whole capital market and usher in more funds, thus reducing financing costs for listed firms,” Xue

said, adding that much more of the new board’s boost to the economy will unfold in the long run.

cctif.cn

The US must handle Taiw上海乌托邦sues correctly and

 not repeat its mistakes or even “play with fire” over the is

sues, Wang said, warning it against attempts to create new trouble for Sino-US ties.上海乌托邦品茶微信

Ma Xiaoguang, spokesman for the State Council Taiwan Affairs Office, sa

上海乌托邦id the transit is an attempt by Tsai and the Democratic Progressive Party to use fore

ign forces to challenge the one-China principle and disrupt cross-Straits peace and stability for political purposes.上海乌托邦品茶微信

No forces should underestimate China’s determination and ability to s

afeguard its national sovereignty and territorial integrity, Ma said in a news release.

上海乌托邦The Democratic Progressive Party has ignored the safety and wellbeing of

the people of Taiwan and has misjudged the situation by courting foreign support and s

erving as a pawn for foreign intervention in China’s domestic affairs, Ma said.上海乌托邦

China has sufficient policy tools and new measures to further optimize its fo

上海乌托邦品茶微信reign trade structure and deepen ties with new markets, especially those involved in the Be

lt and Road Initiative, in the second half of the year, a senior customs official said on Friday.

“We face a series of challenges in achieving stable foreign trade growth,” said Li K上海乌托邦

uiwen, spokesman for the General Administration of Customs, at a news briefing.

He made the comment after customs released the country’s trade dat上海乌托邦

a for the first half of the year. Foreign trade increased by 3.9 percent year-on-year, tot

上海乌托邦品茶微信aling 14.67 trillion yuan ($2.16 trillion), with exports growing by 6.1 percent year-on-year. Imports rose 1.4 pe

rcent, and the country’s trade surplus widened by 41.6 percent year-on-year to hit 1.23 trillion yuan during the same period.

Last year, foreign trade in the first half grew by 7.9 percent year-on-year, with exports rising 4.9 percent and imports up 11.5 percent.上海乌托邦

“The sector remains quite resilient” against the headwinds of Sino-US trade disputes and slowing global economic growth, he said.

Li also said that Sino-US trade frictions have had some impact on t上海乌托邦

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he country’s foreign trade, but the impact is “largely controllable”. “Our foreign trade as a who

le continued to expand as the world remains optimistic about the potential of the Chinese market,” he said.

www.shuyin-edu.cn

China launches first ro上海乌托邦ace from platform a

hina carried out the country’s first seaborne space launch on Wednesday, from a platf

orm in its territorial waters in the Yellow Sea, opening a new chapter in its space industry.上海乌托邦女神会所

A Long March 11 solid-propellant carrier rocket blasted off at 12:06 pm fr

上海乌托邦om a mobile launch platform — a modified submersible craft — in the Yellow Sea off the e

astern province of Shandong and then sent seven satellites into orbit about 600 kilometers above the Earth.

The mission — the first seaborne space launch in the world in five years — showcased China’s mastery of上海乌托邦

the technologies and capabilities required for

上海乌托邦女神会所such operations and indicates the country has found an alternative to its ground-based launch centers.

China is striving to expand its launch service portfolio and promote its carrier roc

kets to more countries, especially those wishing to have their own affordable satellite networks.上海乌托邦

A government draft released Friday said that children under six years old can take public transpor

t for free and those aged between six and 14 can avail of half-price tickets when presenting valid ID cards.

上海乌托邦The draft was jointly released by the Ministry of Transport and Na女神会所

tional Development and Reform Commission and is now open for public comments.

Height rather than age is the current determinant for deciding who can avail of cut-price or free tickets.上海乌托邦

Children whose height is below 120 centimeters can get fre

e tickets, while those between 120 and 150 centimeters can buy children’s tickets.

上海乌托邦女神会所Children taller than 150 centimeters are required to buy adult tickets under current policy.

As youngsters now tend to grows taller than their age, the current st

andards are believed to be unfair and there have been calls for overhauling the policy.上海乌托邦女神会所

The draft also highlighted that children who get free tickets should take up no more than 10 percent of buses’ passenger capacity.

The new policy will not be applicable to buses with nine seats or fewer

shadoujiazu.com.cn

The US’ policy to contain 上海乌托邦evident in the way

 it has hyped up the problems in Xinjiang. Some American people and organizations have openly suppor

ted the separatist “East Turkistan Islamic Movement” in China through political and financial hel 上海乌托邦品茶微信

p, and by disseminating its separatist ideas through publicity and diplomatic channels in the disguise of human rights an

 上海乌托邦d freedom. No wonder they call white black and assume the measures China has taken in Xinjiang to fight terrorism, se

paratism and extremism and improve public welfare are human rights violations.

President Xi Jinping and his US counterpart Donald Trump may have agreed at the G20 summit in Osaka to resu 上海乌托邦品茶微信

me trade negotiations, but the path to ending the trade war remains far from clear. After all, the two leaders had rea

ched a similar agreement at the G20 summit in Buenos Aires in December 2018 and that agreement ultimately fail

 上海乌托邦ed, not least because the United States administration mistook China’s conciliatory attitude for weakness.

Whether the US administration makes the same mistake this time remains to be seen. In any case, it is worth considering how t 上海乌托邦品茶微信

he trade war might unfold over the coming months and years – and what China can do to protect itself.

US has not withdrawn tariffs it imposed earlier

 上海乌托邦Import tariffs may, for the foreseeable future, remain steady – neither es

calating nor being rolled back. The agreement in Osaka kept the US administration from foll

owing through on its threat to impose additional tariffs on $300 billion worth of Chinese goods. But it did nothing to re 上海乌托邦品茶微信

verse past measures, such as the 15-percentage-point tariff hike, to 25 percent on $200 billion worth of Chinese p

roducts that the US implemented after the 11th round of talks broke down in May. 上海乌托邦

While these tariffs have not yet had serious consequenc

 上海乌托邦品茶微信es for China’s economy, their effects are likely to deepen over time. But China may succeed in per

suading the US to remove them – or, at least, not raise them further – if it refrains from retaliating with tariffs of its own 上海乌托邦

on US goods. Instead, China should focus on reducing its bilateral trade surplus with the US on its own terms. It is incr

easingly clear that the US tariffs have done more damage to American businesses and consumers than to China’s. 上海乌托邦品茶微信

The US wants to create among Belt and Road partner countries doubt

s about the situation in Xinjiang, which is a core region on the Silk Road Economic Belt, and

thus dissuade them from participating in the Belt and Road Initiative.

Some American politicians and media will continue to proclaim

the US as the judge of the world and infringe upon other countries’ sovereignty. They are also ex

pected to hype up the Tibet issue and Taiwan question, even the Hong Kong issue. In fact, their involvement in the

recent protests against the amendments to Hong Kong’s extradition laws is cl

ear. But as a Uygur saying goes, camels march on as usual even when dogs bark furiously.

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America’s 上海乌托邦女神会所China basracted a more than

hing is especial上海乌托邦女神会所ly problematic in threatening to turn a trade war into a protracted and destru

ctive economic cold war,” Roach said. “Now, more than ever, a fragile world is in desperate need of political will and wisdom.”

Discussions between the Chinese and US trade teams are underway, said Vice-Minister of Commerce Wang Shouwen on Monday.

Speaking at a news briefing, Wang said China supports necessary reform in the World Trade Organization to promote its authority and efficiency.

“We hope the G20 summit could further build positive consensus on advocating for the

multilateral trading system and opposing unilateralism and protectionism.”

The country will stick to open policies, building a free, fair, nondiscri

minatory, transparent, foreseeable and stable trade and investment environment, Wang said.

www.exstorm.org

The two countries上海乌托邦品茶微信n for a brig

ght future of bila上海乌托邦品茶微信teral ties and reached a streak of major consensuses, Xi sa

id, adding that the two sides agreed that China and the DPRK need to unswervingly pass down their tra

ditional friendship from generation to generation and continue writing new chapters of the times.

Beijing and Pyongyang also agreed that a political settlement of the nuclear issue in the Korean Peninsula is a popular aspiration

and an inevitable trend, and that they need to continue to stick to peace talks so as to make even greater co

ntributions to peace, stability and prosperity in the region and the wider world, Xi said.

Kim said that in their joint socialist construction endeavor, the DPRK and China have alrea

dy formed a tradition of sharing weal and woe as well as supporting each other and cooperating.

The two leaders affirmed the socialist system as the core of mainta

ning the DPRK-China friendship during their four meetings in the past year, Kim said.

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But, in general, they have been weaker when compa

red with urban areas, Zhang said. “Problems such as loose organization and lack of ability to provide public ser

vices and governance exist in some rural areas, which urgently requires intensified efforts,” he said.

In recent years, some rural areas have improved governance throu

gh innovative measures based on the reality of their situation, Zhang said.

The ministry released 20 model cases on better governance in rural areas on Wednesday.

They cover aspects such as improving connections and interactions between vil

lage officials and residents, facilitating public participation in decision-making, and

finding solutions to eliminate social problems, such as extravagance and waste in hosting events.

wrplg.cn

government survey conducted between 2013 and 2017

reported that Delhi saw 981 deaths from acute respirator

y infection while more than 1.7 million residents suffered from infections.

And India’s garbage mountains will only get bigger in coming years.

Indian cities are among the world’s largest garbage producers, generating 62 million

tons of waste annually. By 2030, that could rise to 165 million tons, according to government figures.

FDA holds first hearing as users, sellers await legal clarity on cannabis claims

It makes a variety of claims: It may relieve symptoms of Parkinson’s, Alz

heimer’s and dementia; lessen arthritis pain; quell anger, psychosis and epilep

sy; cure cancer; lower blood sugar; and counter anxiety and sleeplessness. It may even tame an unruly pet.

It is CBD oil, or cannabidiol, a chemical derived from hemp or marijuana plants that does not induce a high in users.

shuyin-edu.cn

So by holding lectures, conducting dialogues and screen

ning movies related to the countryside and contributed by guest authors, the region’s local literary legacy can both be re-examined and extended.

Many modern and contemporary works of Chinese literature touch on common rural issues – childhood upbringing, family inheritance and people’s exp

erience of being stuck on the bottom rung of society – that have been rooted in Chinese farming culture for thousands of years.

China’s urbanization has been rapidly progressing to the extent that rural life has become

something unfamiliar to the majority of the population, which is very different from what it was like just three de

cades ago, according to Ge Fei, author and a Chinese literature professor at Tsinghua University in Beijing.

He was rst day of the festival, interpreting what it means to us when rural societies fade away.

qianpadae.com

RMB’s value determined by market forcesce forex rese

Beijing will not sacrifice forex reserves to defend its currency, analysts say

China would rather rely on market-oriented forces to determine the renminbi’s value than defend its currency by d

ipping into its $3 trillion foreign exchange reserves amid trade disagreements, analysts said.

The United States Treasury announced on Wednesday that it could not label China a

s a “currency manipulator” after Washington monitored the recent performance of the RMB.

No evidence was found to show Chinese monetary authority intervention in foreign exchange markets over the past sev

eral months, according to the US Treasury’s semiannual foreign-exchange report to Congress.

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