ing the expansion of donor banks and intensified international exchanges crucial, the official said.
Senior IMF official: Stimulus could be used to boost domestic consumption亚博体育足彩app千花坊女神会所
China could use more fiscal stimulus and allow for greater foreign e
xchange flexibility to minimize the negative impact on its economy if trade tension w亚博体育足彩app千花坊
ith the United States further escalates, the International Monetary Fund said on Thursday.
“The government has room to mitigate the shocks from external uncertainties and trade tensions by using fiscal policy,” Alfr
亚博体育足彩app千花坊女神会所ed Schipke, the IMF’s senior resident representative for China, said at a media briefing in Beijing.
“The demand for hematopoietic stem cells from overseas has been increasing, and we need to work harder t
o accelerate the expansion of the donor bank to better meet the demand from patients across the globe,” she said.
Transplanting hematopoietic stem cells is an effective treatment for ma亚博体育足彩app千花坊
ny serious blood diseases, such as leukemia and anemia, and some cancers.
In the past few years, government authorities, including the General Adm
inistration of Customs, have streamlined inspection and approval procedu亚博体育足彩app千花坊
res, helping the cells get transplanted in a timely manner, according to the donor bank.
Transport authorities, including airlines such as Air China, and railw
ay authorities have also increased support to ensure timely transport of cells, it said.亚博体育足彩app千花坊女神会所
“We will intensify international cooperation in hematopoietic stem cell do
nation and transplantation, especially with countries and regions involved in the B亚博体育足彩app千花坊
elt and Road Initiative,” the official said. “China boasts internationally advanced technologies in the transp
lantation of hematopoietic stem cells, which we hope can also benefit other countries.”
In addition, the China Marrow Donor Program is considering helping other countries, such as th亚博体育足彩app千花坊女神会所
ose in Southeast Asia, to build their own national marrow banks and operate them.
With China witnessing consumption upgrade and industrial upgrade, foreign investment in high-tech industries rose 43 perc
ent year-on-year in the first half of this year, accounting for more than 29 percent of the亚博体育足彩app千花坊品茶微信
total FDI. The high-tech services sector received 97.4 billion yuan in FDI, up more than 63 percent.
亚博体育足彩app千花坊Zhang Zhiqiang, managing director of ABB China, said the company expanded its production base in Xiamen, Fujian provin
ce, and built a $150 million robotics factory under the theme of robots make robots in Shanghai. ABB is now亚博体育足彩app千花坊
investing more in software applications, artificial intelligence, human r
esources and in building partnerships with both Chinese and global companies across the country, he said.
亚博体育足彩app千花坊品茶微信”China has invested heavily in industries like smart manufacturing, artificial intelligence
, robotics and clean energy, which are at the forefront of the world. This is certainly an opportunity for us, but a
lso means a challenge. Because our competitors are also doing the same, we nee亚博体育足彩app千花坊
d to figure out how we can keep up or get ahead in this competitive environment.”
Zhang said the Swiss company will deploy more resources and s
亚博体育足彩app千花坊oftware engineers in both industrial and service robot development and production in Chi
na as rapid industrial growth and frenetic urbanization have prompted labor-intensive industries to find new w
ays of coping with increased demand, especially in automotive and mining sectors.亚博体育足彩app千花坊品茶微信
Eager to seize more share in China’s new energy vehicle market, California-b
ased Tesla Inc is expected to establish a $7.3 billion manufacturing facility in Shang
亚博体育足彩app千花坊hai, its first such plant outside the US. The Shanghai plant will start operations by the end of this year. It is als
o the first global automaker to benefit from China’s revised policy announced in April 201
8, allowing foreign carmakers to set up wholly-owned subsidiaries in China.Another f亚博体育足彩app千花坊品茶微信
actor boosting MNCs’ confidence in China is the establishment of more intellectual pro
perty rights courts at both central and provincial levels since the beginning of thi
s year. Experts have hailed this move as a notable step to protect IP rights.
Museums are throwing off the shackles of convention and time to pull in the crowds
What does it take to extinguish the fire of curiosity? A few drops of rain, a few gusts of wind or a full-blown typhoon?亚博体育足彩app千花坊
Officials of the Shanghai Museum got an answer to those qu
estions when it threw its doors open to the public on the evening of Aug 9.
亚博体育足彩app千花坊女神会所Typhoon Lekima, packing winds of 185 km/h, was just a few hours
from making landfall in neighboring Zhejiang province, so many people in Shanghai av
erse to bad weather may well have thought th亚博体育足彩app千花坊at this would be a night to stay home.
In the event, more than 700 people chose to brave the rain and strong
winds that Typhoon Lekima brought to the city and visit the Shanghai Museum.
亚博体育足彩app千花坊”We made the reservation on the museum WeChat service a week ago,” said Julie Wang, a Shanghai sc
hoolteacher who attended with her daughter and several other parents and children.
“I also thought the rain might keep a lot of people away and it would be less crowded.”亚博体育足彩app千花坊女神会所
The parents prepared pamphlets and PowerPoint files on a tablet, teach
ing the children, all preschoolers from a single class, about the exhibition Arts of the G
亚博体育足彩app千花坊reat Ocean, Pacific Art Collection from the Musee du quai Branly-Jacques-Chirac in Paris.
Walking among the carved oars, feather masks and wood sculptures, Wang occasionally br
ought to the children’s attention patterns, figures and interesting details in the exhibits.亚博体育足彩app千花坊女神会所
“We often see fine arts from China and the West in the museum, but this ex
hibition is quite different and a rare opportunity to see the Pacific art,” Wang said.亚博体育足彩app千花坊
Shanghai Museum began to extend its opening hours into th
e evening in 2017 when the exhibition A History of the World in 100 Objects
亚博体育足彩app千花坊女神会所attracted many enthusiastic visitors, who were willing to line up for hours waiting to see it.
“We started opening in the evening on more than 20 days over three months to meet demand,” said Xia Beibei, a member
of the museum staff. Since then the museum has often held “Night of the Museum” events.
rld’s two largest economies goes far beyond their own borders, of course.
According to Reserve Bank of Australia Governor Philip Lowe, the Sino-亚博体育足彩app千花坊品茶微信
US trade war poses the biggest risk to global economic stability. In a private meeting o
亚博体育足彩app千花坊n Tuesday, Lowe said the trade dispute was hurting global investment, wages and e
conomic growth, the Sydney Morning Herald reported. That corroborates an earlier alarm about the trade w
ar sounded by the International Monetary Fund in May, saying it will “jeopardize” global growth.亚博体育足彩app千花坊品茶微信
Yet despite all the negative consequences, the US leader has tried to rationalize the hefty ta
亚博体育足彩app千花坊riffs he has imposed on Chinese goods by holding China responsible for all the US woes. “China has been ripping this c
ountry off for 25 years”, he said on Tuesday, ignoring the fact that Sino-US trade relations have benefited both sides ov亚博体育足彩app千花坊品茶微信
er the years and their disputes — which exist among all trade partners — can only be solve
d through talks based on equality and mutual respect rather than hard-handedness.亚博体育足彩app千花坊
Maximizing pressure may be part of his deal-making art. But as the trade dispute stretches into its second year, the confr
ontational stance on the part of Washington has only proved counterproductive.
亚博体育足彩app千花坊For trade talks to make progress, the US has to take concrete actions to show its sincerity.
Interest rate reform not to have direct impact on renminbi exchange rate
Further monetary easing remains one of the options to support economic growth in Chin亚博体育足彩app千花坊品茶微信
a, after the debut of the new market-driven lending rate, according to central bank officials.
“There is room for cutting interest rates and reserve requirement ratios,” Liu Guoqiang, deputy governor of the Peo亚博体育足彩app千花坊
ple’s Bank of China, the central bank, told reporters on the sidelines of a news conference on Tuesday.
“The future adjustments will depend on the changes of economic growth pace and the price level indicated by the consumer price in亚博体育足彩app千花坊品茶微信
dex,” said the senior central bank official. “The Chinese economy is not in deflation, and the marke
t rates have dropped obviously to a generally reasonable level at the moment.”
Executives at the private companies are aware that becoming the first to laun
亚博体育足彩app千花坊ch a carrier rocket into orbit would win not only plaudits but also lucrative contracts.
Two previous attempts at orbital launches by LandSpace and One-Space failed.
Yao Bowen, spokesman for i-Space, said Thursday’s launch indicated that his com亚博体育足彩app千花坊女神会所
pany was now ready to become involved in the commercial launch business.
亚博体育足彩app千花坊He said i-Space will carry out five SQX-1 launches for clients before the end of 20
20, adding the company’s second type of carrier rocket — the SQX-2 reusable liquid-pro
pellant rocket — is under development and scheduled to make its maiden launch in 2021.亚博体育足彩app千花坊
By the end of last year, 123 private enterprises on the Chinese mainland had registered in the spac
亚博体育足彩app千花坊女神会所e industry, with 14 of them focused on rocket development and production, according to a market report p
ublished recently by FutureAerospace, a space industry consultancy in Beijing.
The State Council decided on July 24 to further ease the fee burden of firms in a bid to energize market entities.
More efforts will be made to eliminate illegal fee charging to ensure the effectiveness of policies cutting taxes and fees, accor亚博体育足彩app千花坊
ding to a statement released after a State Council executive meeting chaired by Premier Li Keqiang.
亚博体育足彩app千花坊女神会所The meeting decided to further strengthen the resp
onsibilities of government at all levels, especially local governments, and
has made it clear that it will conduct a comprehensive investigation into illegal fee charging.
It is strictly prohibited that government departments transfer the expenses they should bear to ent亚博体育足彩app千花坊女神会所
erprises, and industry associations and public institutions shall not use their administrative p
亚博体育足彩app千花坊ower to charge fees illegally, according to a statement released after the meeting.
All the fees on market entities, with no exceptions, must be m
ade public, transparent and subject to supervision, the statement said.亚博体育足彩app千花坊女神会所
Efforts in regulating fees on companies must be integrated with the reform
s to streamline administration, delegate powers, and improve regulation and services.
?applies to nine cities in Guangdong — Guangzhou, Shenzhen, Zhu
亚博体育足彩app千花坊品茶微信hai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing, the ministry said.
It said the move aimed to encourage the development of the Guangdong-Hong Kong-Macao Greater Bay Area.
The functions of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone will be op亚博体育足彩app千花坊
timized and improved, according to the outline development plan for the Guangdong-Hong Kong-Macao Greater Bay Area.
亚博体育足彩app千花坊品茶微信Strengthening the role of Qianhai as an engine?of cooperation and development.?More policies will be added and imple
mented to further expand the development space of Qianhai. The zone will also interconnect with Hong Kong’s build亚博体育足彩app千花坊
ing of an open and innovative industrial system to leap towards the high end of the global value chain.
Financial openness and innovation will be promoted: the offshore account (OSA) function will be dev亚博体育足彩app千花坊品茶微信
亚博体育足彩app千花坊eloped, the free trade account (FTA) system of Shanghai Pilot Free Trade Zone will be learned, and mo
re effective ways will be explored for capital account convertibility. A commodity trading platform will be built at Qia
nhai Mercantile Exchange and more new models to serve the real economy will be explored.亚博体育足彩app千花坊品茶微信
Consisting of the Hong Kong and Macao special administrative regions and the nine cities i
亚博体育足彩app千花坊n Guangdong, the area covers 56,000 square km. It had a combined population of about 70 million at the end of
2017.Based on the existing solid cooperation foundation, the Guangdong-Hong Kong-Macao cooperation platform will
make full use of existing major cooperation platforms including Qianhai of Shenzhen, Nansha of Guangzhou, and Heng亚博体育足彩app千花坊
qin of Zhuhai to explore a new model for coordinated development. It will increase the pragmatic cooperation betwee
亚博体育足彩app千花坊品茶微信n the nine cities involved in the Pearl River Delta, Hong Kong, and Macao, by promoting exchanges of person
nel, materials, capital, and information. The cooperation platform will in
ject a new impetus for Guangdong-Hong Kong-Macao development and play an exem亚博体育足彩app千花坊品茶微信
plary role in the close cooperation among Chinese mainland, Hong Kong, and Macao.
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亚博体育足彩app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
亚博体育足彩app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亚博体育足彩app千花坊
sidies given to Boeing by the US and to Airbus by the EU. The US is using tariffs t
亚博体育足彩app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亚博体育足彩app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亚博体育足彩app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.亚博体育足彩app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亚博体育足彩app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.
e medium term,” said Wyant. “Our expectations are high for some reasons. One of
which is the emerging middle class, so there are more opportunities for food safety.”亚博体育足彩app千花坊
Ecolab, a $15 billion company in a $125 billion market, has a market share of around 11-12 percent globally.
亚博体育足彩app千花坊”We see enormous opportunities here in China along with the underlying economic and so
cietal trends, such as the emerging of the middle class, water scarcity issues and the aging population, an
d our business is in line with the government’s commitment toward a more healthy and beautiful China. The m亚博体育足彩app千花坊品茶微信
arket is huge and we are a good fit and well-placed to grasp the opportunities here,” said Wyant.
According to her, the company has to focus to succeed in China.
“It’s a massive country. It’s rife with opportunities, and it’s got a very aggressive and vibrant customer set, but also a co亚博体育足彩app千花坊
mpetitive set. That’s why we say we really focus on three big opportunity areas where we think we bring ad
亚博体育足彩app千花坊vantages that match China’s economic opportunities and its vision for society,” she added.
The first is food service, a market that is estimated to exceed 4 trillion y
uan, making it the second largest in the world. The annual revenue of the food service an亚博体育足彩app千花坊品茶微信
d hospitality market has grown at double digits, providing a big opportunity for Ecolab.
亚博体育足彩app千花坊And the second is around water management. This is where Ecolab brings things like the total water management capability.
“In China, we’re looking at the end use of water. And we’re leveraging out digital technologies like our 3D TRASARTM platf
orm, where we bring digitally connected devices into industrial cooling, boiler environments, and can reduce wa亚博体育足彩app千花坊品茶微信
ter usage by up to 30 percent. Besides, we’re also introducing international standards on water management into the C
hina market, in a bid to upgrade the framework and bring corporate water management to the next level,” said Wyant.亚博体育足彩app千花坊品茶微信
Ecolab and its client Nestlé are frontrunners on this, from setting
up a systematic water management approach for protecting the Taihu basin to ac
hieving the AWS (Alliance for Water Stewardship) standard certification in 15 drinking water factories.
The last focused area, according to Wyant, is healthcare. The comp
any is in talks with some of the leading hospitals on better managing infectious diseases.
“China is the best place to learn how to be agile, how to be fast, how to be m
arket focused, so we think we bring global know-how, global innovation with the w
illingness to invest in local Chinese capabilities and stay relevant,” said Wyant.
language at the age of three, but only started to learn Chinese at a Chinese culture center at the age of eight.
“I pushed him to learn Spanish at school, because it is a lot easier,” Mrs. Nju
mbe told Xinhua. “He refused. Chinese is the only foreign language he wants to learn.”亚博体育足彩app千花坊品茶微信
Mrs. Njumbe still remembered clearly the “Three Little Rabbits,” a Chinese lullaby, h
er son sang to her when he was three years old. “He learned it from a TV song contest.”亚博体育足彩app千花坊品茶微信
Njumbe just spent two weeks to practice his prize-winning Chinese songs. He is dreaming
亚博体育足彩app千花坊of going to China on summer programs once growing 12 years old. “I am not old enough to go now,” he told Xinhua.
“I love Chinese Kongfu, I like Bruce Lee,” Njumbe added.
Chinese songs are not the only area Njumbe is good at, he can also recite poems from亚博体育足彩app千花坊品茶微信
China’s Tang Dynasty (618-907). He can also easily recite Di Zi Gui – The Rules for Students – from ancient China.
Njumbe is just one of the 38 players aged from 5 to 82 from six states in the U.S. Midwest to participate in the Chinese songs contest.
亚博体育足彩app千花坊Emily Mcclintick, a seven-year-old girl, sang “Pear Trees Bloom Again” and another song at the competition and came out the sixth place.
“It is hard to learn Chinese,” she told Xinhua.亚博体育足彩app千花坊品茶微信
This is the third year for Xilin Association to host the Chinese songs contest in U.S. Midwest for selecting singers for the final of the “Water Cube Cu
p” Chinese Songs Singing Competition, Linda Yang, executive director of Xilin Association, told Xinhua.
The association is a non-profit organization in the greater亚博体育足彩app千花坊
Chicago area committed to providing an innovative educational system for children.
“After three years, the contest is enjoying growing popularity among people in U.S. Midwest.亚博体育足彩app千花坊品茶微信
It has provided a platform for people overseas to sing Chinese songs, to have a better knowledge of Chinese cu
lture and language,” Yang said. She hoped that more people will take part in the contest next year.
The “Water Cube Cup” Chinese Songs Singing Competition is sponsored by the Overseas Chinese Affairs Office of the Be
ijing municipal government and some other departments of the Beijing municipal government.
ducts have entered the global stage and many of them have become successful cases internationally,” Ge said.
亚博体育足彩app千花坊女神会所She cited the global success of short video-sharing app TikTok, also known as Douyin in
China, and the apps developed by China’s Palace Museum, as examples of China’s innovative ability.
TikTok has 75 language versions and is liked by users from over 150 countries and regions, while the 11亚博体育足彩app千花坊
apps developed by the Palace Museum have been downloaded by over 5 million users across the world.
“In the future, Apple and Chinese developers will enhance their coo
亚博体育足彩app千花坊女神会所peration in the education and technology sectors, and hopefully Apple would contribute more to China’s app economy,” she said.
Before coming to Shanghai, Ge led the US company’s wireless technologies software engineering teams for nine ye
ars. Looking back, she admitted it is challenging to transition from a technical management job to run business in China.亚博体育足彩app千花坊
“But I am very grateful to have the opportunity to return to China from the US. We hav
e a wonderful team of around 13,000 employees in China. They offer me great help.”
She has worked closely with Apple’s local R&D team and carrier partners to develop new Chin亚博体育足彩app千花坊女神会所
a-specific features for iPhone and iPad, including dual-SIM cards function, QR code support and shor
t messaging service fraud prevention. Apple has also enabled the use of a phone number as an Apple ID.
“We want to offer better localized services. That is what I have been constantly pushing forward and what I like most,” Ge said.
亚博体育足彩app千花坊女神会所She also hailed the smooth progress of the construction of Apple’s first China data center in Guiyang,
Guizhou province, adding that the company had received tremendous support from the local government.
“Apple’s recent moves demonstrate it no longer views China as a mere mar
ket but as an indispensable part of the company’s efforts in innovation,” said Xiang Ligang, dir亚博体育足彩app千花坊女神会所
ector-general of the Information Consumption Alliance, a telecom industry association.