Boosted by the Guangdong National Online Game and Animation Indu

stry Base and the Guangdong National Digital Publishing Base, a large group of comp上海龙凤1314

etitive cultural companies with independent innovative abilities have been established in the district.

上海龙凤1314uangzhou’s Tianhe district will focus on expanding its financial industry, and will continue to improve the business envir

onment to attract companies to set up headquarters there in the next five years. It aims to increase its gross do

mestic product (GDP) to 500 billion yuan ($73.84 billion)by 2020, the district government work report said on last Tuesday .上海龙凤1314女神会所

Tianhe district is the top economic area in Guangzhou, Guangdong province. Last year, the district’s GDP reached 343.3 billion yuan.

上海龙凤1314The financial services industry is dominant in Tianhe district. Accor

ding to the district government work report, Tianhe will continue to improve the mo上海龙凤1314

dern financial service system and optimize financial development environment.

上海龙凤1314女神会所By the end of 2020, the added value of the Tianhe financial sector hopes to reach 24 percent of GDP.

The district will set up high-level, high-quality, and high-tech indust

rial cluster. The new generation information technology industries including mobile i上海龙凤1314

nternet, cloud computing and big data will gather in Tianhe’s smart city area.

上海龙凤1314女神会所The district also has built a “Internet Plus” town. Currently, more than 400 interne

t companies are operating in this area, generating 50 billion yuan annual revenue in 2015.

In the next three years, the district government will deeply integra上海龙凤1314

te the information technology into modern service industry and high-end m

anufacturing industry to create a 100 billion yuan “internet” industrial cluster in the town.上海龙凤1314女神会所

Tianhe’s CBD area contributes 70 percent of its economic aggregate. The dis

trict government will improve the area’s environment and adjust industry str

ucture to build a park-like CBD in Zhujiang new town during the 13th Five-Year Plan (2016-2020) period.

上海龙凤1314女神会所In the next five years, the government will also sharpen its competitivenes

s in its investing environment by upgrading its management and service level. It pla

ns to attract no fewer than 225 Global Fortune 500 companies to locate in its CBD area by 2020.上海龙凤1314女神会所

Tianhe district’s other goals are to becoming a more livable ar

ea for people, and to build incubators for young people to start businesses.

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ve over-estima上海龙凤1314女神会所ted the impacts of US sanctions on Huawei in his latest Financial Times pi

ece. Because they do not work like a “death sentence” at all with Huawei raking in 5G contracts at home and abroad.

But he made a critically important point in warning that “we now face the very real prospect that an economic iron curtain may descend”.

The US approach that threatens to “Balkanize” technology and “decouple” it from China, as Paulson suggested, risks dividi

ng the global technological and economic landscape, isolating the US itself, and undermining US capabilities for innovation.

His observations deserve a broader audience, especially those whole-heartedly trumpeting an all-round trade war.

But as Paulson also pointed out, what is at stake goes far above and beyond a trade war

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The world’s lightest giant panda has been born in Chengdu, Sichuan province.

According to the Chengdu Research Base of Giant Panda Breeding, a fema

le cub about the weight of an average chicken egg was born in the base on Tuesday.

Chengda, an eight-year-old female panda, gave birth to two female cubs that day.

“At 2:41 pm, Chengda gave birth to a female cub that weighed 171.9 gram

s. At 6:08 pm, it gave birth to the other female cub that weighed 42.8 grams, fewer than one

-quarter of the weight of its elder sister, and measuring only two-thirds as long, ” said base chief Zhang Zhihe.

Before Tuesday, the world’s lightest panda cub was Wuyi, a male pa

nda weighing 51 grams when it was born on Aug 7, 2006, in the Chengdu base.

Thanks to milk from two female pandas, Wuyi, whose name means 51 in Chinese, gained weight and by October he was as heavy as his peers.

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 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

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.

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aterials to the US, Gao Feng, the ministry’s spokesman, said China

has been the world’s largest supplier of rare earth materials and has always been keen to m

eet the demand of its trade partners on this material to promote the rare earth industry.

The ministry made the remarks after the Trump administration starting May 10 raised tariffs on Chinese goods and rest

ricted Huawei’s business operations, which has harmed the interests of companies and financial markets on both sides.

“While satisfying domestic demand, China is always willing to fulfill other coun

tries’ rightful needs for rare earth materials,” he said. “But if any country plans to use the rare earth materials that Ch

ina exports to make products that will suppress China’s development, it is not acceptable.”

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markets. The yuan has weakened by 2 percent to its lowest level since January.

“We expect stock markets and the yuan to remain under pressure in the near term, though they c

ould be supported by an expected stabilization in the domestic economy later this year,” Wu said.

Sheng Songcheng, the former director of the Survey and Statistics Department in the Peo

ple’s Bank of China, said the truth is that imposing more tariffs on Chinese goods has not yet reduced US trade deficits.

The long-lasting US trade deficits in goods was formed from the US

dollar’s international status, its domestic low deposit rate and the US position in the glo

bal value chain, and those factors cannot be changed by protectionist measures, Sheng said.

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nitiative is a challenge, but achievable,” she said, adding that at the heart of this challenge lies great potenti

al for innovation and creativity, such as new disaster risk prediction and analysis, and disaster-resilient infrastructures.

Huang Runqiu, vice-minister of the Ministry of Ecology and Environment, said dis

aster risk reduction of natural hazards along the initiative is crucial for its success and sustainability.

Regions at the heart of the initiative, such as the Tianshan-Pamir Platea

u, the Himalayas, eastern parts of the Qinghai-Tibet Plateau and South Asia, are facing serio

us disaster threats due to tectonic movements, fragile ecosystems and extreme weather, he said.

Henrik Slotte, a senior disaster management expert from the UN Environm

ent Program, said poorly managed infrastructure projects can damage the ecosystem.

www.aishedesac.com

It was reported that the fire could be caused by lightening strike.

Moscow’s transport prosecution office is investigating into the incident and it will check i

f there were violations of the flight safety legislation, according to Sputnik news agency.

Sarah Daley, a student at the University of Virginia, has deep connectio

ns with China. She spent the summer of 2018 teach

ing English in Hebei province and has a younger sister who was adopted from China in 2009. Both experiences left

her with positive impressions of Chinese people and long-lasting friendships.

Those connections led to Daley being honored by the Chinese embassy

in the United States during an award ceremony in Washington on Saturday, after she sha

red her stories with the world through an event hosted by the embassy and China Daily.

ovldix.cn

President Xi Jinping underlined on Monday the need to shore up areas of weakness and carry out more targeted pove

rty alleviation efforts in building the country into a moderately prosperous society in all respects.

Xi, also general secretary of the Communist Party of China Central Committee and chair

man of the Central Military Commission, made the remark while presiding over the fourth meeting of t

he Central Committee for Financial and Economic Affairs. Xi is head of the committee.

The meeting stressed the importance of achieving targets for poverty alleviation across the boar

d and focusing efforts on areas of extreme poverty, according to a statement released after the meeting.

It is important to tackle the remaining difficulties faced by people still confronting hard

ships in terms of their access to education, medical care, quality housing and safe drinking water after ens

uring that their basic needs for food and clothing have been met, the statement said.

It added that solving prominent environmental pollution probl

ems must be prioritized to ensure periodical targets can be achieved before 2020.

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