economic structure. China should also invest more

economic structure. China should also invest more

 in the service secto爱上海女神会所r, and deregulate the services for the elderly and children, and medical care and education.

Although its overall economic uncertainty has increased, China’s economy still has great pote

ntial in terms of service and consumption, especially because it is a market of more than 1.3 bil

lion people including a middle-income group of 400 million all of whom are seeking a better life.

Current policy package strong enough to counter headwinds, economist says

China has no immediate need of aggressive stimulus to support growth unless trade tensions with the United States m

ore visibly weigh on growth momentum, and greater patience and policy preparation are needed now for market-

oriented, longer-term reform and opening-up, a senior economist said in an exclusive interview.

Given the uncertainty from China-US trade friction, macroeconomic polic

ies should always be prepared to support the economy, especially if growth mome

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Besides, it should try to reform the exchange rate system

and enhance th上海夜网女神会所e yuan’s exchange rate flexibility, so as to promote its internationalization and minimize the impact of the US’ monetary policy adjustme

nts on the Chinese economy. China’s monetary policymakers should use flexible policy tools, pay attention to the cha

nging trend of such economic variables as price levels, exchange rates and long-term interest rates, and take me

asures to offset the spillover effects caused by US monetary policy adjustments.

Qualitative growth can tamp up economic base

China also has to build a modern industrial system and transform its econom

ic growth model to tamp up its economic foundation. It should create a policy environment that would prompt the fin

ancial sector to better serve the real economy and more effectively prevent economic and financial risks.

www.shangjianxiachui.cn


inopec establish joint venture with Russian companie

hina Petrole上海会所品茶微信um and Chemical Corp, the world’s larg

est refiner by volume, has agreed to establish a joint venture with Russia’s Novatek and Gazp

rombank to market natural and liquefied natural gas (LNG) in China, Sinopec said on Thursday.

The agreement, which aims to sell LNG produced by Novatek in the Arctic, was signed fo

llowing talks in Moscow between Russian President, Vladimir Putin, and Chinese President, Xi Jinping.

The agreement will be of considerable economic and social benefit an

d will further diversify China’s natural gas imports, while meeting ever-increasing ga

s demand in the country, said Dai Houliang, China Petrochemical Corp president.

www.aaart.org.cn


The government needs to refine policies in supporting bus

siness startups and innovation-oriented companies, and exercise accommodating and prudent r

egulation. We need to promote the integrated development of companies of different sizes,” Li said.

The Internet Plus model will be upgraded. Efforts will be m

ade to accelerate the development of industrial internet and promote broader ap

plication of the Internet Plus model in medical care, elderly care, education and other social sectors.

A higher ratio of nonperforming loans to micro and small firms will be allowed. The NPL ratio

of such loans will be relaxed to no more than 3 percentage points higher than the overall NPL ratio fr

om the current 2 percentage points. Venture capital firms will receive support in financing through bond issuance.

www.ozsnl.cn


While many people doubt whether Mo could top the s

success of winning the Nobel Prize in Literature in 2012, Zhang Qinghua, professor at Beijing Normal University, believes that Mo’s way of dealing with this h

as been to make a return to his hometown, a village in Gaomi, Shandong province, both in reality and spiritually.

Mo didn’t publish any new work in the five years following the award, when in 2017 he

released several short stories, poems and theater works, mainly reminiscing about his hometown.

Unlike Mo’s former novels, Peking University professor Chen Xiaoming notes th

at his new works are more reserved, realistic stylistically and employ more simple language. Literary cri

tic Li Jingze is impressed that Mo has remained acutely sensitive to the realities of urban and rural life.

www.qianpadbe.com


Photo exhibition sprinkles stardust over Beijing’s 798 A

In 1972, David Bowie gave birth to arguably his most famous alter-ego, Ziggy Stardust-an androgynous alien with spiky tangerine h

air, theatrical makeup and brightly-colored glam rock attire. An eponymous ode to the character appears on

Bowie’s album, The Rise and Fall of Ziggy Stardust and the Spiders From Mars, which was released that year.

With the album, Bowie redefined glam rock and spent 18 months in the

years 1972 and 1973 touring the United Kingdom, North America and Japan.

During the tour, Bowie invited a Cambridge University graduate, M

ick Rock, to be his personal photographer. They first met backstage in March 1972.

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Low travel costs may stimulate college students to trave

el more frequently, and enable them to have higher budgets for spending on accommodati

on and destination entertainments,” said Sun Peiming, director of e-commerce at Sichuan Airlines.

Last year, along with graduate students, there were 37 million enrolled college students in the country,

according to the National Bureau of Statistics. In 2018, students registered on Qunar flew 4.4 time

s annually on average, higher than the average of 3.45 times nationwide, according to the company.

“Low prices have a decisive impact on their choices. Compani

es that provide cheaper options will attract more students and gain the initiative in seizing tho

se future backbone consumers,” said Liu Simin, a researcher at the Beijing Foreign Studies University.

www.zrwrgz.cn


For first time, scientists watch entire animal’s muscle sy

Researchers at Columbia University and the University of Chicago-affiliated Marine Biological Laboratory (MBL) have

mapped the full-body muscular activity of an animal while it was moving and behaving, for the first time in the world.

In the study, the researchers watched the patterns of muscle activity in a small aquatic animal called a hydraas. Based on prior su

ccess in mapping full-body neural activity in hydra, they pinpointed seven distinct patterns of hydra’s muscle act

ivity this time, according to a news release posted on the website of the University of Chicago on Thursday.

Hydra are freshwater organisms, only a few millimeters in length, and be

long to the phylum Cnidaria, which also includes jellyfish and coral. Their tubular bodies are c

omprised of two layers of muscle, each composed of a different cell type and separated by two nerve nets

a3o5.cn


Habib also applauded China’s interest in Washington’s agric

ricultural products such as apples and cherries, and specifically mentioned

tourists and students from China.

With the current trade disputes between China and the US, however, Habib is seeing some frustration in his state.

“I’m of course frustrated at the effects of some of the Chinese-im

posed tariffs on our exporters – that’s a huge problem first for our growers, and companies in our

aerospace supply chain, and definitely our fish and seafood – they’ve been affected by Chinese tariffs,” said Habib.

With the Trump administration gradually imposi

ng 25 percent tariffs on $250 billion worth of Chinese imports over the past year, China has already retaliated with

tariffs on $110 billion worth of US products, and has planned a tariff hike on $60 billion worth of US goods on June

hmijw.cn


an India in terms of economic might-the past two years

s have seen Modi front-loading India’s unique religious, cultural and civilizational links with neighboring countries.

This pragmatic approach has not just made the Sino-Indian summits most frequent but hopefully also more produ

ctive. Modi has not had as many one-on-one meetings with any other global leader. And since this trend is like

ly to continue, it could see them jointly responding to the White House’s blitzkrieg against friends and foes alike.

The fact that Russia still faces serious economic challenges and the US has slipped into confrontations with some coun

tries will provide further traction for Modi and Xi to play larger roles in setting the tone and tenor of multilateral debate

s and initiatives. Their synergy in tackling regional and global issues will continue to have positive effects on bila

teral equations, which remain an essential prerequisite for the two countries’ peaceful rise.

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