Khoo said that they上海千花坊vited to Guangzhou in Janu

uary and it only took four months to reach an official agreement with the CSGKC administrative committee.

Biopharmaceuticals company InnoCare entered the CSGKC last year. Its founder and CEO, Cui Jis上海千花坊女神会所

ong, said the company will set up a production base in the CSGKC. Their first independent patented

上海千花坊new drug will hit the market by 2020 with an estimated sales value of 10 billion yuan.

Meanwhile, a General Electric bio-campus and an oncother

apy medicine manufacturing center of the international pharma company BeiGene wi上海千花坊女神会所

ll finish construction in the CSGKC this year. It will lead a new stage of development for the knowledge city.

Liu Jian, senior vice-president of BeiGene, said that the production center started construction in 2017. It is exp

上海千花坊女神会所ected to begin operating in the third quarter of 2019, with a production capacity of 24,000 liters of biological agent.

The CSGKC is also designated as a State-level pilot zone for the comprehensive reform of IP use and protection by the Sta上海千花坊

te Council. It has attracted the Patent Examination Cooperation Center of the National Intellectual Property Ad

ministration in Guangdong to settle in CSGKC. They are an important partner to build a whole IP chain in the area.上海千花坊女神会所

The center assesses patent invention applications, searches international patents and international preliminary applic

ations under the Patent Cooperation Treaty. It has processed 706,000 patent filings to date.上海千花坊

The center can handle more than 150,000 filings every year, covering machi

上海千花坊女神会所nery, electricity, communication, medicine, chemistry, optoelectronics and materials sectors.

Qiu Jiangwen, deputy director of the center, said it will participate in the Bay Area

‘s IP cooperation mechanism and promote the IP culture through various activities.上海千花坊

The local government is striving to improve the local investm

上海千花坊女神会所ent environment with better policies, infrastructure and public facilities.

Among them, the local government will provide housing and rent subsidies for professionals working in the CSGKC.

ash88.cn

The exhibition is divid上海会所 four sections. The first

 section uses graphic exhibition boards to represent the ancient texts of ethnic minorities, the

second section consists of a collection of ancient Mongolian books, the third section is an exhibit of restored anci上海会所品茶微信

ent books where experts explain the process of restoration, and the fourth section focuses on the translation, res

earch, and publication of minority group books and their achievements in Inner Mongolia.

上海会所品茶微信A competitor shows off his impressive BMX skills during an international ext

reme sports event held in Hohhot, in Inner Mongolia autonomous region, on July 6.

Awesome agility is on hand during an international extreme上海会所

sports competition held in Hohhot in Inner Mongolia autonomous region on July 6

上海会所An international extreme sports competition kicked off in Hohhot in Inner Mongolia autonomous region on July 6.

Over 100 extreme sports lovers from 17 countries and regions — including China, the United St

ates, the Netherlands, Australia, Russia, Thailand, and Austria — participated in the competition.上海会所品茶微信

The event includes competitions for skateboarding, bicycle motocross (BMX) and free style inline skating.

上海会所In 2016, skate boarding and BMX were added into the Tokyo Olympics Games by the Interna

tional Olympics Committee, helping promote the development of extreme sports across the country.

The China-Singapore Guangzhou Knowledge City, a State-level project between the t上海会所品茶微信

wo countries, is raising efforts to grow in the Guangdong-Hong Kong-Macao Greater Bay Area.

上海会所The demonstration zone, featuring a world-class knowledge city, global talent pool and outstanding source of innov

ation, echoes many of the themes at the G20 Summit that opened today in Osaka, Japan.

Located in the east of Guangzhou, capital of Guangdong province, the CSGKC was founded in 2010.上海会所

In 2018, the Chinese and Singaporean governments signed a framework agreement t

上海会所品茶微信o upgrade the CSGKC to a State-level bilateral project. This will strengthen the cooperation in technolo

gical innovation, high-end manufacturing, intellectual property protection and personnel training.

Both governments vowed to make the CSGKC into a new bilateral cooperation benchmark.

www.ash88.cn

Re-weighting of indexes 上海会所affect capital flows

Major stock and bond index providers have started, or have announced that they inten

上海会所d, to increase the weighting of China’s securities in their respective benchmark indexes over the course of 2019-20.

Global index provider MSCI Inc. announced in February that China’s coverage in the MSCI上海会所品茶微信

Emerging Market Index will increase from its coverage of 235 large-capitalization A-shares to 253 la

上海会所rge-and 168 mid-capitalization stocks. On a pro forma basis, A-shares will constitute 3.3 percent-a significant inc

rease from the current 0.7 percent-of the MSCI-EM Index when the process is completed in November.

The FTSE Russell, the first international index provider of the Chinese mainland’s benchmarks 20 years ago, has elevated Chi上海会所

na’s A-shares to emerging market status and started adding them to the FTSEEM Index from June 24, 2019. Upon f

上海会所品茶微信ull implementation of phase 1 by March 2020, the A-shares will make up 5.7 percent of the index.

And the Bloomberg Barclays Global Aggregate Bond (GAB) Index started the process of including China’s yuan-den上海会所

ominated government and policy bank bonds as a constituent on April 1. Other index providers, such as the FTSE R

ussell and JPMorgan, are reportedly also considering adding China’s debt to their indices.上海会所品茶微信

The MSCI, FTSE Russell and Bloomberg Barclays GAB indexes cover a

sizable share of the investible markets in the world. For example, the MSCI-EM alone is tr

上海会所acked by an estimated $1.9 trillion in assets under management (AUM) from pensions, endowments, passive funds, and

other investors. And the re-weighting of these major global investment indexes is expected to result in a re-allocation of capit

al across emerging markets. As a result, China’s asset market will inevitably become more important for glo上海会所

bal investors, notwithstanding the “noise” created by the ongoing US-China trade tension.

上海会所品茶微信Welcome shift for Chinese firms and global investors

An increased weighting for China’s securities in these indexes in the MSCI would me

an a larger allocation of AUM by foreign fund managers into the Chinese markets. While this shift would b上海会所品茶微信

e a welcome development for both Chinese enterprises seeking financing and global i

nvestors searching for emerging opportunities, it potentially represents bad news for other emerging markets.

gzbbccc.com

The author is a profe上海千花坊e-dean of the School

With the Office of the United States Trade Representative threatening to impose new tariff

s on $4 billion worth of European Union goods, the trade conflict between the US and the EU has inten上海千花坊品茶微信

sified. And if the US makes good the threat it issued on July 1, the additional tariffs would cover $25 billion of EU go

上海千花坊ods-in April the US had decided to impose additional tariffs on $21 billion of EU products. In addition, the US adm

inistration launched a Section 301 investigation against the digital service tax of France on July 10.

Washington’s move seems to have roots in the 15-year-old dispute over the su上海千花坊

sidies given to Boeing by the US and to Airbus by the EU. The US is using tariffs t

上海千花坊品茶微信o exert pressure on the EU to reduce subsidies to Airbus so Boeing can maintain its competitiveness in the global ma

rket and the jobs in the US plane manufacturing industry could be protected.

The US is wielding tariff as weapon also to increase its bargaining chips in the negotiations over “three zeros”-zero ta上海千花坊

riff, zero tariff barriers and zero subsidy-for non-auto industrial products.

Since the US and the EU have wide differences over auto and agri上海千花坊品茶微信

cultural products, the negotiations remain mired in uncertainty, although Washington com

pelled Brussels to continue the talks by threatening to impose fresh tariffs on EU goods in April.上海千花坊

As US President Donald Trump prepares to launch his re-election campaign, he is trying to mitigate US farmers’ sufferings, as the

votes from the agricultural belts helped him win the 2016 presidential election. The US administration has pro上海千花坊品茶微信

vided numerous subsidies for farmers to help offset their losses due to the US’ trade disputes with China, the EU and othe

r economies, but subsidies alone cannot solve the farmers’ problems. So Washington has put some EU agricu

ltural products on the tariff list in an effort to protect its agricultural products market.

However, the fact that the EU has agreed to resume negotiations on subsidies to the plane ma

nufacturing industry does not mean it will not take countermeasures if the US does impose mo

re tariffs on EU goods. In April, when the US levied additional tariffs on $21 billion of EU go

ods, Brussels responded by imposing tariffs on€20 billion ($22.43 billion) of US products.

www.pldyjo.cn

With the decline in th上海419ork, consumption has

s also started to drop, partly due to the psychological effect of the viru

s, which has made some people reluctant to eat pork and so they turn to other meat, he said.上海419品茶微信

“The supply of alternatives to pork, such as poultry, will increase in

上海419the next two years, which will help ease the gap between the supply and demand of pork.”

More convenient immigration policies will be adopted nationwide starting Aug 1 that make it easier for foreig

n talent to come to China, the National Immigration Administration said on Wednesday.上海419品茶微信

The 12 new policies aim to attract foreign talent, outstanding youths and overseas Chinese to inn

上海419ovate, start businesses, study and work in China to help promote economic and social development.

The policies have been gradually implemented in some free trade zones in 16 provinces and municipalities, includi

ng Shanghai, Beijing and Fujian province, since 2015, said the Ministry of Public Security.上海419品茶微信

Their extension will allow a wider range of people across the country to apply for permanent residency, long-term visas and residence p

ermits, said Chen Bin, head of the immigration authority’s department of foreigner administration.

上海419The new policies add three types of people to those eligible for permanent residency.

The first category covers high-level foreign talent, inclu

ding people who have made significant contributions and those in special demand.

The second applies to foreigners working in China. They need to have wor上海419品茶微信

ked in the country for at least four consecutive years, and to have lived in the country for no l

ess than six months a year. Their annual income should be at least six times the average for local urban employ

上海419ees, and their annual personal income tax should be no less than 20 percent of their salary.

The third category refers to overseas Chinese who have a doctoral de上海419品茶微信

gree or who have worked in national key development areas in China for at least f

our consecutive years and who have lived in China for at least six months a year.

changjiangjiaoxiang.cn

The reasons why a maj上海千花坊nt companie

 saw a drop in profit can be complicated. On one hand, last year’s tax crackdown and tightened regulatory policies in taxes have ce

rtainly struck some major players, costing them both time and money to pay the fine and restructure their上海千花坊

businesses,” said Chen Shaofeng, a professor in culture and entertainment at Peking University.

上海千花坊女神会所”On the other hand, China’s film box office market is heading toward saturation, which m

eans that the profit surge that many entertainment companies saw in the past is less likely to happen,” Chen added.

Data from the National Radio and Television Administration

showed box office revenue in the first half of 2019 in China stood at 31.17 billion yuan, down 2.7 per上海千花坊

cent year-on-year. Cinema visits dropped 10.3 percent year-on-year to 808 million visits within the same period.

Chen believes, though, the companies will bounce back.

上海千花坊女神会所”The industry is still likely to see a boom in the near future as there is more market pote

ntial to be tapped, such as film derivatives (toys and figure models), various genres of intellectual properties or t

rans-media storytelling (presenting the story with multiple platforms like films, TV shows, and games),” Chen said.上海千花坊

“Such approaches to IP development can be an effective way to generate more revenue for entertainment companies,” he added.

Wanda and Huayi said in their statements that losses were due上海千花坊女神会所

to a lack of projects premiering in the first half of the year. Most of Huayi’s film projects such

as The Eight Hundred directed by Guan Hu would premiere in the second half of 2019.

“It’s common that entertainment companies adjust their film distribution plans based on market de上海千花坊

mand, and choose to release their films during a certain period of time to maximize their profits,” Chen said.

“But it is certainly not the reason why a majority of entertainment

companies saw a drop in profit. Although it is common for entertainment companies to premie上海千花坊女神会所

re their major film projects in second-half seasons with peak demand, it is unlikely for most of them to do so at the same

time, as the first half of the year also has many peak movie-going seasons,” said Chen.

pristinefood.org

More than half of the in上海千花坊tput in the first fiv

 months this year was from non-CISA members, whose clean capacity cannot be guaranteed, he emphasized.

Liu Bingjiang, head of the Ministry of Ecology and Environment’s air quality management department, said at the same fo上海千花坊品茶微信

rum that it is unfair for companies with high operational costs on environmental protection to compete und

上海千花坊er the same market conditions against those investing little into environmental protection.

The authorities will bring in industrial associations to tighten emissions assess

ment on steel producers when granting exemptions from production restrictions, he said.上海千花坊

Those with poor environmental protection records or that scheme to cheat the assessment will be severely punished, he said.

上海千花坊品茶微信Currently, China enforces steel production restrictions in key areas on days forecast to have heavy air pollution, and

roducers with ultra-low carbon emissions are allowed to have lower or no production cuts.

More than 60 steel producers in key areas, with a total crude steel capacity of 260 million上海千花坊

tons, have upgraded to meet ultra-low carbon emission standards, according to Liu.

上海千花坊品茶微信China expects 60 percent (340 million tons) of existing crude steel capacity in key areas

to be made with ultra-low carbon emissions by 2020, according to a ministry guideline released this year.

Li Xinchuang, president of the China Metallurgical Industry Planni

g and Research Institute, said that to achieve low-carbon emissions involves upgrades in上海千花坊

the whole process of steel production, and more attention should be paid to procedures such as raw materials tra

上海千花坊品茶微信nsportation and storage, which often generate emissions that are difficult to contain.

China’s oil and gas industry saw steady growth in 2018, with expansion reported in both pr上海千花坊

oven reserves and annual output, according to the Ministry of Natural Resources on Monday.

In 2018, national exploration of oil and gas saw a total investment of 63.66 billio

n yuan (about $9.26 billion), up 8.9 percent year on year, the ministry said in a report on its website.上海千花坊品茶微信

Investment in oil and gas exploitation rose 24.7 percent to reach 203.11 billion yuan, according to the ministry.

www.asrunde.cn

Despite a “global slowd上海419lia’s economy has ma

aged to stay afloat thanks to a raft of stimulus measures and a surge in Chinese

demand for commodities, a new report by Deloitte Access Economics said on Monday.上海419品茶微信

While Australia has experienced falls in the real estate market, severe drought, stagnant wage gro

上海419wth and weak consumer spending over the past 18 months, strength in its robust resources sector has not waned.

This, combined with record low interest rates and generous tax breaks that were introduced by t上海419

he newly-elected Morrison government should help keep Australia’s economy on track, Deloitte Ac

cess Economics Partner Chris Richardson said in the firm’s latest Business Outlook for the month of June.上海419品茶微信

“Overall global growth looks set to stay in the slow lane through the rest o

f 2019 and through 2020 as well, though the extent of that slowdown looks to be co

上海419ntained as central banks start to boost their assistance to growth, and as government budgets do the same,” he said.

“Remarkably, despite the global slowdown, the world has given Australia a big pay上海419品茶微信

rise, as China’s stimulus means a surge in the demand for and prices of Australian coal and iron ore.”

上海419Although Australia’s inflation levels remain subdued mainly because of low wage growth, Richardson said the cou

ntry’s central bank is now beginning to change direction when it comes to monetary policy.上海419

“For years the Reserve Bank of Australia (RBA) thought full employme

nt meant unemployment of “around 5.0 percent,” but now it thinks unemployment can go a lit上海419

tle under 4.5 percent before wages start to party. Australia can go stronger-for-longer before inflation revs up,” he said.

上海419品茶微信”But getting unemployment under 4.5 percent is more than the RBA can do by itself, so official ra

tes are headed to 0.75 percent or 0.5 percent pretty fast, and things get more complicated after that.”

“We may be in for a phase in which Australia joins much of the world in having interest rates very low for some time. Th上海419品茶微信

at change of tack by the RBA is keeping the Australian dollar under control despite sky-high commodity prices.”

exstorm.org

After over 100 years o上海夜生活on by the west, m

 Chinese still cannot step out of the shadow that Chinese culture

is inferior to that of the west. This is eroding our cultural self-confidence. Now it is time for上海夜生活

us to speak out and tell Chinese stories both past and present to the whole world,” she said.

上海夜生活品茶微信”Chinese culture seeks a balance between yin and yang. We believe that only in this way could people build a harmonious worl

d. Chinese kung fu shares more of a reputation abroad than other Chinese cultural elements, like Beijing Opera, pap

er-cutting, painting, etc,” said Liu Biqi, a contestant who is a member of the Mongolian ethnic group.上海夜生活

Others, however, apparently have different views. Liu is one of them. “If we want to build cultural confidence, and want

上海夜生活品茶微信to make our voice heard by the world, we have got to change,” Liu said. Her opinions were those of reformists. She

might reflect her own experience of pervasive prejudice and hope to change the status quo. But on the whole, most stu

dents showed great interest in and confidence over the future of traditional Chinese culture.上海夜生活

The students’ enthusiasm deeply impressed Professor Guo, the judge of the contest. “The contest this year shows a big d

ifference from previous ones. The contestants now are more interested in world affairs and the role China should pla

上海夜生活品茶微信y in the international community. They have broader perspectives and are more passionate in dealing with common ch

allenges the whole universe is facing, and their views are more diversified,” Guo said.

Professor He, director of the College of Liberal Arts & Law, said that the competition was not just a test of stu上海夜生活

dents’ English capability, but also an expression of students’ patriotism and global horizon. Keeping track of both wo

rld and Chinese affairs and maintaining an open mind without losing interest in traditional Chinese culture in the上海夜生活品茶微信

era of globalization are priorities in higher education, especially for liberal arts  students.The contestants’ passion for

traditional Chinese culture is the epitome of all college students’ reflection on Chinese culture in China. They grew up

in a prosperous and dynamic society with unlimited potential built by the older generations. Soon or later, they will ta上海夜生活品茶微信

ke over their causes and reshape this great country based on their perspectives and val

ues, and their speeches can be regarded as their declaration of building a better China in the future.

www.wk368.com

ongyuan park is set up上海419llow inheritors to wor

A former cosmetics factory, the Sanlu Plant in Beijing has been repurposed to house, dev

elop and protect the future of China’s intangible cultural heritage, Yang Feiyue reports.上海419女神会所

A former factory and Beijing landmark has been transfo

上海419女神会所rmed into an intangible cultural heritage park in the capital’s downtown.

Several modern-looking buildings and a big lawn at its heart easily set Yongyuan apart from its hutong surroundings.

Yongyuan park sits on Xingfu Street in Beijing’s Dongcheng district where the Sanlu P上海419

lant, a well-known cosmetics manufacturer back in the ’80s and ’90s, once stood.

上海419女神会所The Sanlu Plant’s Dabao skincare brand was a household name nationwide, and the plant develope

d more than 100 products in markets such as hair care and fragrances. It contributed over 100 mil

lion yuan ($14.57 million) to the economy in the 1990s, making it Beijing’s number one taxpayer.上海419

In 2003, the plant’s cosmetics production line was transferred

out of the city, leaving the land at the center of the capital open for new use.

The Sanlu Plant began its search for a tenant and in 2018, Hong上海419

Kong-listed Beijing Capital Land came in and decided to develop its cultural operations.上海419女神会所

“The proprietor sympathizes with the concept of the cultural and creative indu

stries, and intangible cultural heritage,” says Li Yue, general manager with the inta

ngible cultural heritage platform, which Beijing Capital Land established last year.

shlfb.cn