Carmen Reinhart, a亚博yabo平台千花网d University economist w

hose focus is international finance, said that “one shock that is concerning me a great deal

at the moment is the turmoil in Hong Kong”, which could affect growth in China and Asia generally.亚博yabo平台千花网

“These are not segmented regional effects, these have really gl

obal consequences,” she said in an interview with Bloomberg Television on Friday, a

亚博yabo平台千花网ding that this “could be a tipping point that could trigger a very significant global slowdown, or even recession”.

Jia Jinjing, assistant dean of the Chongyang Institute for Finan

cial Studies, said the escalated riots in Hong Kong pose an increasing hazard to the city亚博yabo平台千花网女神会所

‘s prosperity and are “dealing irreversible harm to Hong Kong’s ability to build up and shape its credibility”.

Hong Kong’s role as a bridge in channeling foreign dir亚博yabo平台千花网

ect investment to the Chinese mainland is “faced with risks of being diminished”, Jia warned.

Lam, the Hong Kong chief executive, urged people from all walks of life on Tuesday to bring back order and tran

亚博yabo平台千花网女神会所quility, saying the SAR government will continue “zero tolerance” toward all violent behavior.

China took the top spot at the 45th WorldSkills Competition held in Kazan, Russia, on Tuesday.

China finished the competition with 16 gold medals, 14 silver and 5 medals in total, putting China at the top of the m亚博yabo平台千花网

edal rankings, according to the final tally announced at the closing ceremony on Tuesday night.

Launched on Aug 22, the week-long event saw over 1,300 competitors from 63 countries and regions.亚博yabo平台千花网女神会所

China participated in the competition for the fifth time since becoming a member country of WorldSkills International in 2010.

The biennial competition, dubbed as the Olympic Games for skilled workers, will be held next in Shanghai in 2021.

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hina releases guideline 亚博yabo平台千花网gthen enforcement

China has released a guideline to tackle difficulties in

enforcing court orders, according to an office of law-based governance on Aug 22.亚博yabo平台千花网

The guideline calls for more transparency when enfo

rcing judgments and harsher punishments for those acting against the enforcement.

亚博yabo平台千花网女神会所It demands a credit system that covers various aspects of social life

including transactions, house property purchases, fees and tax payment and law violations.

The market exit mechanism for businesses as well as systems of legal assis

tance, liability insurance and civil laws should all be improved, said the guideline.亚博yabo平台千花网

It also called for better coordination between different

departments and efforts to improve judgment-enforcing personnel.

亚博yabo平台千花网女神会所China’s top legislature is considering a draft law on promoting basic medical and he

alth care, which requires efforts to improve community-level health care services.

The draft law was submitted for review to the bi-monthly legislative session of the Stand亚博yabo平台千花网

ing Committee of the National People’s Congress, which opened Thursday.

亚博yabo平台千花网女神会所The country should develop plans to appropriately allocate medical and health reso

urces, and take measures to prioritize the development of medical and health ins

titutions below the county level and improve their capacities to provide services, according to the dra亚博yabo平台千花网

ft.Photo taken on Aug. 23, 2019 shows the construction site of Badaling Changche

ng Railway Station of the Beijing-Zhangjiakou High-Speed Railway in Beijing, capital of C亚博yabo平台千花网女神会所

hina. The main structure of Badaling Changcheng Railway Station is capped on

Friday, marking all main structures of the railway line have been complete

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Brazil has replaced the亚博yabo平台千花网hina’s largest sour

rce of soybeans and cotton, and soon the US will also be substituted by other cou

ntries as the main supplier of chicken and wheat to China, if the trade row continues.亚博yabo平台千花网女神会所

Japan now has free trade agreements with the European Union and some trans-Paci

亚博yabo平台千花网fic countries, such as Australia and Canada, and the US has lost its advantage in its trade with Japan, not o

nly in soybeans and wheat-last year, US exports of pork to Japan declined by 35 percent.亚博yabo平台千花网

Coercing Japan to buy US agricultural products will not be sustainable, and ther

e is still a long way to go for the US administration to ease the anxiety of its farmers.

亚博yabo平台千花网女神会所Police in Fuzhou, the capital of Southeastern China’s Fujian province, said on Su

nday they had seized a handgun found in a FedEx parcel and launched an investigation into the case.

The parcel, carried by the United States express delivery service pro

vider, was shipped to a sporting goods company in Fujian from an American client, accor亚博yabo平台千花网

ding to a statement released by the public security bureau of the city’s Jin’an district on its Sina Weibo account.

The handgun was discovered in the package and seized by polic

亚博yabo平台千花网女神会所e, the statement said without releasing further details of the contents of the parcel.

It is not the first time that FedEx, which launched its business in China more than thre

e decades ago, has prompted official probes into alleged violations of Chinese postal regulations recently.亚博yabo平台千花网

In early June, FedEx was placed under investigation after Huawei, one of China’s largest telecommunications ma

亚博yabo平台千花网女神会所nufacturers, said it had diverted two parcels sent from Japan and addressed to Huawei in China to the US.

Initial results from the probe, released in late July, refuted Fed-Ex’s claim that the rerouting was an “operational error”. The com

pany was also suspected of holding back over 100 packages that Huawei had intended to deliver to China.

www.daochuwan.cn

The GDP of Chongqi亚博yabo平台千花网d Tianjin municipaliti

ties?for the first time surpassed 1 trillion yuan?in the?half y

ear period, hitting 1.03 trillion yuan and 1.04 trillion yuan,?respectively.亚博yabo平台千花网

In 2018, a total of 16 cities achieved a whole-year GDP of more than 1 trillion yuan. Fos

亚博yabo平台千花网女神会所han in Guangdong province and Jinan in Shandong province are expected to join the 1 trillion yuan GDP club this ye

ar, with their GDP reaching 479.52 billion yuan and 479.17 billion yuan in H1,?respectively.

Fifteen?of the top 100 cities are from East China’s Shandong province, the most among all provincial-level regions. F亚博yabo平台千花网

ollowing it, Jiangsu, Guangdong and Zhejiang provinces have 13, 11 and 8 cities on the list,?respectively.

Similar to the same period?last year, no cities from Hainan, Qinghai provinces, Ni亚博yabo平台千花网女神会所

ngxia Hui autonomous region, or?Tibet autonomous region?are on the top 100?list.

China’s central and western cities are leading on GDP growth in H1. More than two-thirds of the 280 cities that have dis亚博yabo平台千花网

closed economic growth outperformed the national GDP growth rate of 6.3 percent?in H1 and they are m

ainly from Yunnan, Guizhou,?Anhui provinces and Guangxi Zhuang autonomous region.

Among the 13 cities?whose real GDP growth rate surpassed 10 percent亚博yabo平台千花网女神会所

in H1, all except Fujian province’s Ningde come from the central and western regions.

Southwest China’s?Yunan province, posting t亚博yabo平台千花网he strongest GDP growth in H1 amon

g?31 provincial-level regions, has seven cities?registering a?GDP growth of 10 percent or above.

The report collected statistics released by 282 cities that have published亚博yabo平台千花网女神会所

their economic semi-annual reports?as of Monday. Hong Kong and Macao special ad

ministrative regions?and Taiwan were?not involved in the statistical analysis.

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He said Macao would 亚博yabo平台千花网evelopment of a wor

rld center of tourism and leisure, and the building of a service platform for trade cooperation betwee

n China and Portuguese-speaking countries as basis, to promote an appropriate, diversified a亚博yabo平台千花网女神会所

nd rational layout of the industrial structure, and to realize the sustainable long-term development.

亚博yabo平台千花网If elected, Ho said that he will accelerate the public housing program, and address the housing ne

eds of residents with different incomes, especially of the “sandwich class” who are neither eligible

to apply for public rental housing nor able to afford private housing, and young people.亚博yabo平台千花网女神会所

Ho also said he will improve the comprehensive quality and competitiveness of young people, impl

亚博yabo平台千花网ement active policies on youth employment and entrepreneurship, and actively encourage young people to pa

rticipate in the development of the Guangdong-Hong Kong-Macao Greater Bay Area.

After the elaboration of his political platform, he also responded to亚博yabo平台千花网女神会所

the questions of some members of the chief executive election committee, concerning h

亚博yabo平台千花网ousing, education, employment, environment protection and gaming industry.

The two-week promotion period of election campaign started from Sa

turday. Ho’s campaign office will organize over 40 public activities during this period.亚博yabo平台千花网女神会所

olice in Southwest China’s Yunnan province have seized a total of 114.9 kilogra

亚博yabo平台千花网ms of drugs and captured 18 suspects in five recent cases, local authorities said Saturday.

On July 22, police on the China-Myanmar border city of Lincang busted two cases after receiving tip-offs about drug traf

ficking, with 32.67 kg of methamphetamine seized and seven suspects caught.亚博yabo平台千花网女神会所

A drug gang was busted in the city’s Gengma County on July 29, during which police found 23

.26 kg of methamphetamine from backpacks carried by three drug dealers nabbed on the spot.

www.gzbbccc.com

Grassroots officials c亚博yabo平台千花网ulesngzhou and

The Xiangzhou district government of Zhuhai special economic zone in S

亚博yabo平台千花网outh China’s Guangdong province published a special notice recently, requiring all gove

rnment departments, organizations and units in the district to establish no more than one WeChat working group.亚博yabo平台千花网

Furthermore, “no work assignments and work related content are allowed to be pub

亚博yabo平台千花网lished or forwarded on the WeChat working group after work,” the notice said.

“The move aims to help reduce the daily work burden on grassroots level officials and employees,” it said.亚博yabo平台千花网女神会所

Xiangzhou district has taken the lead in Guangdong, the window of China’s reform a

nd opening-up, to have issued such a notice that requires “one unit, one WeChat group” in its district.

亚博yabo平台千花网The move has drawn much attention from the pu

blic, and the district has quickly hit the media spotlight at home and abroad.

Chen Hongqiang, a local grassroots official, said he is in favor of the notice.亚博yabo平台千花网

“One WeChat group in one unit, and no work assignments and related content are allowed to be published in the

WeChat group after work – that is good news for the mass grassroots officials,” he said.亚博yabo平台千花网女神会所

“That would certainly help reduce the burden of the grassroots officials who have to frequently work overtime,” he said.

亚博yabo平台千花网Chen said he was really frustrated in previous years when he was sometimes called back to his unit to work overtime or d

uring weekends.Xiangzhou is not alone. The General Office of the Communist Party of China Central C亚博yabo平台千花网女神会所

ommittee released a circular in March, requiring more effort be made to solve problems

arising from too much formality in order to reduce the burdens on grassroots-level officials.

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Beijing and Manila ag亚博yabo平台千花网ndly tiesister Luo Zhao

Countries will work together in order to manage South China Sea situation

亚博yabo平台千花网品茶微信hina and the Philippines agreed to maintain peace in the South China Sea and carr

y on friendly ties in the latest talks between their senior diplomats, Beijing said on Friday.

Vice-Foreign Minister Luo Zhaohui and Undersecretary of the Philippine Department of Foreign Affairs Enrique A. Manalo亚博yabo平台千花网

held the 22nd China-Philippines diplomatic consultation in Manila on Tuesday, the first of its kind since the two c

ountries established ties of comprehensive strategic cooperation last year.

亚博yabo平台千花网The two countries agreed to hold the fifth meeting of the bilateral consultation mechanism on th

e South China Sea as soon as possible in China, Foreign Ministry spokeswoman Hua Chunying said

on Friday. The mechanism was established at the 20th diplomatic consultation in 2017.亚博yabo平台千花网品茶微信

They also agreed to work together to manage the situation at sea and promote joint dev

亚博yabo平台千花网elopment, Hua said during a daily news conference, adding that China and the Philip

pines will work together to promote discussions to reach a code of conduct in the South China Sea.

Both sides believed that the situation in the region is s亚博yabo平台千花网品茶微信

table in general, as a result of their joint efforts as well as those of other count

亚博yabo平台千花网ries in the region, and that the momentum for cooperation is increasing, the spokeswoman said.

Another important consensus the two countries gaine亚博yabo平台千花网品茶微信

d is that they should continue to deepen cooperation over the Belt and Road In

itiative and “be good neighbors, good friends and good partners forever”, Hua said.

亚博yabo平台千花网Both sides believed that the turn for the better made in bilateral ties in 2016 promoted comm

on development of the two countries as well as contributed to regional development and prosperity, she said.

Ties improved when Philippine President Rodrigo Duterte亚博yabo平台千花网品茶微信

visited China and the two countries issued a joint statement in October 2016 th

at said the two countries reaffirmed the importance of addressing their territorial disputes th

rough friendly consultations and negotiations by the sovereign states directly concerned.

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buy electric home applia亚博yabo平台千花网 a supermarket i

Policies to enhan亚博yabo平台千花网ce entrepreneurship, employment and consumption are encouraging people to spend

亚博yabo平台千花网品茶微信Consumption will continue to be the strongest driver of China’s economic growth

and the country’s regulators are looking at ways to further liberalize its potential.

Immediately after the three-day Dragon Boat Festival at the beginning of June, during which, according to China’s Ministry of C亚博yabo平台千花网

ulture and Tourism, Chinese tourists spent 39.3 billion yuan ($5.72 billion) on domestic travel, the country’s sav

亚博yabo平台千花网品茶微信vy internet users were busy arranging their shopping carts for the online sales day on June 18.

“It is the best time to stock up on those daily necessities of life for the whole year,” said Hong X

in, a 28-year-old office worker in Suzhou, Jiangsu province, who had her eye set on a toilet paper and

亚博yabo平台千花网品茶微信washing liquid value deal on Tmall, one of the country’s biggest e-commerce platforms.

She said the sales day was not just about saving money, but also about en

joying better products. “For example, wet toilet tissue is quite expensive if you buy it in

the supermarket one pack at a time, but it is much more affordable during the sales day if you buy in bulk,” she said.亚博yabo平台千花网

Consumers like Hong, who have a strong willingness to spend to make their lives easier, are adding

impetus to national consumption, which achieved an eye-catching performance in the first quarter of亚博yabo平台千花网品茶微信

2019, according to Nielsen, the New York-headquartered information, data and measurement company.

Nielsen’s report said that in the first quarter, China’s consumer trend index, which measures perceptions of local job pr

ospects, personal finance and willingness to spend, was close to a historical high.

oqvdpf.cn

Will the maximum pr亚博yabo平台千花网ed on China take effec

Using maximum pressure to achieve its goals is a trick frequently used by some in the United States for international negotiations cal

亚博yabo平台千花网led “the art of trading”. Its main feature is using the means of multifaceted attacks and unlimited requirements while at the same time gaming against its opponent in m

ultiple issues that cross different fields, and then resorting to selected compromising moves to achieve the goals of core interests, to maintain hegemony through power, and to defeat the opponent t亚博yabo平台千花网

hrough bullying and deception. Some people in the US think that “maximum pressure” is extremely powerful, and decidedly useful when dealing with China.亚博yabo平台千花网

Is the “maximum pressure” measure really effective? In dealing with some small and weak countries, the US government has arbitrarily waved the big stick of sanctions and relied on its power and maximum pressure to impose its own interests. Some countries, shadowed by the powerful economic and political pressur亚博yabo平台千花网

e from the US, either because of a lack of overall strength or because of long-term dependence on the US, have been forced by the US to make compromises in accordance with the require

亚博yabo平台千花网ments of the US in negotiations, and they have to quiet down and let the US get what it wants. This is a situation that happens often and inevitably leads some people in the US to form the opi

nion that all countries, including China, will be afraid of the maximum pressure strategy and will certainly yield and surrender under their powerful pressure.

? Can trade protection make the “return of the manufacturing industry” to the US possible?

亚博yabo平台千花网女神会所Since the Trump administration came to power, it has put forward the proposal of “buying US goods and hiring US workers”, emphasizing the “return of the manufacturing industry”. Some people in the US

offered preferential policies to enterprises that came back to the US to set up factories. For those enterprises that moved their factories abroad, they were threatened with tariffs, forcing ente

rprises to return to the US for production. Can these trade protectionist practices really enable the US to achieve a return of the manufacturing industry?亚博yabo平台千花网女神会所

Whether the return of the manufacturing industry can be achieved depends first on the reasons behind the outflow of manufacturing from the US.

From the perspective of the US domestic economy, its manufacturing outflow is determined by how the local economy works.亚博yabo平台千花网女神会所

In the process of economic globalization, US multinational companies have transferred more and more industries to developing countries to a

chieve maximum profitability. Through industrial transfer, they reduce costs, expand markets, divert pollution, and i

ncrease the profitability of capital. At the same time, more and more capital has left the real economic sector with lo

wer profit margins, and turned to the financial sector to engage in financial speculation, leading to the hollowing out and virtualization of the US economy.

? Can economic and trade friction promote US economic prosperity?

Since 2019, the employment rate and the market value of the US stock market have remained high. In the first quarter, the actual GDP annualized quarter-on-quarter

preliminary value was 3.2 percent. Since the introduction of economic and trade friction by the US against China, the US economy seems to be

doing well. This has made some people in the US confident about constantly escalating trade friction with China. But to o

bjectively evaluate the so-called prosperity of the US economy requires a comprehensive and rational analysis.

Based on some indicators, the US economy is prospering. However, whether it will continue to prosper depends on the

state of capital accumulation. In the first quarter of 2019, the seasonally adjusted fixed-capita

l investment growth rate of the US private sector was only 1 percent, significantly lower than growth rates in 20

17 and 2018. According to US official data, US durable goods orders fell 2.1 percent from the previous month in April 2019, surp

assing the expected 2 percent decline. Shipments of core capital goods – a leading indicator of economic expansion – fell by 0.9 percent in April. Fr

om the perspective of development trends, economists are unsure about the prospects of the US economy. According to a recent survey released by the Na

tional Association for Business Economics, many economists predicted that the possibility of a recession in the US ec

onomy by the end of 2020 will almost double, mainly due to the US government’s trade protectionist policies.

www.shlf18.com

Pacts mulled in president’s visit to Central Asia

Trip will includ亚博yabo平台千花网女神会所e bilateral talks with leaders of nations at regional organization’s meeting

China will sign an array of cooperation agreements with Kyrgyzstan and Tajikistan during President Xi Jinping’s state visits to the

two Central Asian countries to further strengthen their ties, a senior diplomat said on Monday.

As an important outcome of Xi’s visits, Beijing will also sign a joint statement with each country on furthering their com

prehensive strategic partnerships, Vice-Foreign Minister Zhang Hanhui said at a news briefing.

Xi will also attend the 19th meeting of the Council of Heads of State of the Shanghai Cooperation Organization in Bishkek, the Kyrgyz

capital, during his stay from Wednesday to Friday, as well as the fifth summit of the Conference on Interaction and

Confidence Building Measures in Asia in the Tajik capital of Dushanbe during his visit from Friday to Sunday.

www.lanqiaowangluo.cn