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There are few factors that would continue to push up inflation except for food, he said. A
uthorities have vowed to keep the country’s
monetary policy prudent and will not resort to excessive m上海千花网女神会所 oney supply to stimulate economic growth, thereby helping to stabilize prices, Liu said.
上海千花网Li Chao, chief economist at Huatai Securit
ies, said that the July readin g may be the highest this year because prices of most items have remained stable or we
akened. As the momentum of price increases for fruit and pork is expected to weaken, CPI growth may trend down in t上海千花网女神会所
st-October period. “We think the price rise pressure remains controllable,” he said in a research note. The stable inflation level will not have a significant bearing on monetary policymaking, said Liu of CUFE.
also warned that policymakers should closely monitor the food price changes and ensure stable food supplies to iron out major price fluctuations.上海千花网
The producer price index, which measures factory-gate prices and co
ncerns corporate profitability, dropped by 0.3 percent year-on-year in July, the NBS said.上海千花网
The fall reflects the easing of GDP growth, which slowed to 6.2 percent year-on-year in the second quarter.
上海千花网女神会所”The fall is in line with market expectations,” said Zhu Jianfang and Liu Boyang, economists at CITIC Securities. The c
ountry’s environmental protection measures, which reduce production capacity, may help bolster PPI in the com
ing months, but the situation will not improve significantly, they said in a research note.上海千花网
Online media registration for the second China International Import Expo opened on Fri
day. The registration system at media.ciie.org will be accessible until September 30.
上海千花网女神会所When registering for a media pass, foreign journalists who will be travelling to China to cover the ev
ent need to specify their outlet in the “foreign media organizations” listing under the media organization categ
ory, and select the “foreigners for temporary stay in China” option when entering their personal information.
anuary 2017, he pledged GDP growth at 4 percent. More recently, he projected
上海千花网女神会所US growth at 3 percent. Yet analysts estim
ate US growth this year at 2.5 percent or less. Quali tative assessments suggest deterioration, as the growth of domestic demand is slumping.
Worse, US GDP growth forecasts for 2020 ind
icate softening to 1.8 per上海千花网 cent, possibly a (near-recession) slowdown－especially if trade and tech wars still
escalate. In the absence of negative surprises, China’s GDP growth is lik
上海千花网ely to stay
within the target of 6.2 percent in 2019 and possibly in 2020 as well, with supportive fiscal and monetary conditions. US tariff wars are likely to penalize the Chinese economy by less
上海千花网女神会所than 0.5 percent of GDP, which could be offset b
y just a modest depreciation of the renminbi. If recent policy mistakes in the White House prevail, slower growth in i
nvestment spending, rising concern for continued trade wars and destabilizing geopolitics are likely to foster downside上海千花网
risks in global economic prospects, as risks for further downgrades morph into actual realities.
The author is the founder of Difference Group and has served at India, China and
上海千花网女神会所America Institute (US), Shanghai Institutes for International Studies (China) a
nd the EU Centre (Singapore). The views of the article do not necessarily represent those of China Daily.
Key indexes decline as US threat to impose tariffs rattles global investors上海千花网 China’s A-share market, together with other Asian peers, tumbled on Friday, after the
unexpected tariff threat from the United States overnight rattled investors globally.
上海千花网女神会所The benchmark Shanghai Composite Index fell by 1.41 percent to close at 2867.84 poi
nts, while the smaller Shenzhen Component Index ended 1.42 percent lower at 9136.46 points.
More than 3,000 shares, or 85 percent of the shares listed on mainland bourses in total, registered losses on上海千花网
Friday, with brokerages, energy equipment manufacturers and the shipping sector leading the fall.
上海千花网女神会所Low investor sentiment was witnessed in other Asian bourses on Friday, with Hong Kong’s Hang Seng, Japan’s Nikkei a
nd South Korea’s Kospi losing 2.35 percent, 2.11 percent and 0.95 percent, respectively.
continue weighing on industrial profits, but the tax and fee cuts starting from April will offset part of the negative effects, Wang said.
上海千花网女神会所Monetary policy may lend further supp
ort by cutting the reserve requirement ratio of financial i nstitutions and directing more credit resources into small－and medium-sized enterprises, according to Wang.
s facilitating the financing of small businesses, policies to boost infrastructure investment, which will in t urn spur demand for industrial products, are also expected to be rolled out, said Zhang Wenhui, a researcher
上海千花网with the Industrial Economy Institute at the China
Center for Information Industry Development. “In addition, more provincial and municipal governments are expe
cted to set out plans to improve industrial profits,”
Zhang said, citing that local gov上海千花网女神会所 ernments had stepped up efforts to improve business environment and clear arrears owed to SMEs in the first half.
上海千花网As policy support takes effect and eases the burden of costs and expenses faced by industrial fir
ms, growth in industrial production and profit may stabilize in the second half, Zhang said.
New animated film based on a mythological figure smashes box-office records, Xu Fan reports.上海千花网
Smashing box-office records in animation, the film
Ne Zha has proved to be a dark horse, tipp 上海千花网ed to lift up the Chinese film industry, which has experienced a slowdown in the past five months.
The film, which topped the mainland’s ticket-revenue charts for four consecutive days, has grossed more than 800 mill上海千花网女神会所
ion yuan ($116 million) since it hit domestic theaters on Friday, according to live box-office tracker Maoyan.
上海千花网女神会所Ne Zha‘s takings totaled over 100 million yuan in the first day itself, surpassing the threshold figure faster than any other Chinese animated film. The film has also broken two other box-office records.
ce biogas, but when it started in 2017, about 30 to 40 percent of the waste it received con
her waste such as plastic bottles, construction trash and paper, which nee ded to be removed first to avoid lower efficiency during the anaerobic procedure.上海千花网品茶微信
ity of the kitchen waste rose significantly in 2018 when S hanghai announced an action plan for trash sorting, and now after the implemen
上海千花网tation of the regulation, 99 percent of the waste it
receives meets the minimum quality level, said Hua. The expansion of Liming Resources is just one exa
mple of th
e acceleration of the capacity building taking place in Shanghai.上海千花网 A biological kitchen waste treatment center is due t
o open by the end of July on Chongming Island, Shanghai, that will use kit
上海千花网chen waste to feed fly maggots, which on maturity can be used as animal feed and their droppings as fertilizer.
The center is operated by Shanghai Yuanshi Environment and will work as a biotechnology demonstration area.上海千花网品茶微信
“If our technology meets market requirements, we hope it can be applied in other distr
icts in Shanghai,” said Na Chenning, co-founder of Shanghai Yuanshi Environment, adding that the profit
上海千花网品茶微信from processing 1 ton of kitchen waste through this technology is about 700 to 800 yuan.
Apart from waste treatment, many startups are eyeing opportunities in other parts of the long value chain.
Yang Fei, a lecturer of economics at Zhejiang University of Science and Techn上海千花网
ology, said the compulsory trash sorting will make once valueless trash profitable.
上海千花网品茶微信According to the National Bureau of Statistics, China pro
duced 215 million tons of domestic waste in 2017, up nearly 60 percent from 2001.
The State Council plans to reach a recycling rate of at least 35 percent of domestic waste in the 46 major cities by 2020.
Customers are paying as much for the products as for the meticulous, personal servic
es and the exclusive, well-decorated spaces w
here such services are provided. W 上海千花网女神会所 e have removed all the unnecessary parts and are targeting office workers and fresh graduates,” said Wei.
上海千花网Together with four co-founders, the Shangh
ai Jiao Tong University graduate mad e several entrepreneurial forays before settling on “accessible menswear tailoring”. 上海千花网
“We have spotted a gap between the supply
and demand. On one hand, manufacturers and bran 上海千花网女神会所ds are struggling to keep consumers in an increasingly competitive market. On the other hand, the
young consumers are always looking to find the
next perfect shirt or dress,” said Wei. Today, the company is in partnership with a dozen apparel factories across the country, which help produ
ce not only shirts, but also jeans and jackets for the company’s 1.5 million members. 上海千花网
Sales this year are expected to reach 800 million yuan, four times that of 2018.
上海千花网”I don’t think we are in competition with any particular brand. Instead, we are creating a new category,” said Wei.
But she admitted that the pricing of their offerings has put them in the same field as fast fas 上海千花网女神会所
hion brands like Uniqlo and China’s homegrown menswear giant Heilan Home. 上海千花网
he market for menswear in China has been underestimated for a long time. It’s not like men don’t need to lo
上海千花网女神会所ok smart or have the financial capability to spend, but it’s in our traditional mindset that there is
not a market for them. If there is any difference, it is that they are less willing to spe
nd time on selecting styles and brands, which means higher brand loyalty,” said Wei. 上海千花网
Consultancy firm Euromonitor International estimated that China’s menswear market was worth over 572 billio
n yuan in 2018, up 7 percent year-on-year. While it still accounts for about one-third of the total apparel market, it is proj 上海千花网女神会所
cted to enjoy a higher-than-average growth rate and surpass 612 billion yuan by 2023.
Everbright Securities estimated that China’s tailoring market would be worth 200 billion yuan by 2020, almost twice t
hat of 2016, and about 80 percent of the business would come from the mid-price sector.
ade has a special place in Chinese culture. Ancient bone and bronze inscriptions tell us that jade was offered as trib
ute to the gods. The Liangzhu site has yielded mo
re than forty various types of jade vessels. But items bearing the an上海千花网 imal-god image have only been found in the finest tombs. Perhaps it was priests who were buried there.
上海千花网女神会所The god is wearing a distinctive headdres
s with lines radiating outwards. Similar symbol ism is also evident in the seven-thousand-year-old Hemudu culture. Are the two somehow connected?
England — Rafael Nadal was up near the Centre Court net when Nick Kyrgios smacked a
booming forehand directly at the上海千花网 guy’s midsection — right at him, on purpose — and earned a lengthy staredown in return.
上海千花网Kyrgios didn’t apologize, at the time or at his news conference — for that or for be
chair umpire or for spending time at a local pub the night before the match. Rarely does Kyrgios offer regrets, for much of anything. Instead, h
e tends to double down. He is nothing if not fascinating. He is talented, too. And yet it wa上海千花网女神会所
s Nadal who emerged from all of the tumult Thursday at Wimbledon to beat Kyrgios 6-3, 3-6, 7-6 (5), 7-6 (3) in a sec
上海千花网ond-round match boasting plenty of dramatics, a dose of animosity and delightful play by both men.
“I’m always willing to go out there and try and put on a show. I know peo
ple that bought a ticket today probably had a great day,” said Kyrgios, a 24-year-old Au上海千花网
stralian who is ranked 43rd. “At times today, I was looking around: This is Wimbledon, playing Rafa. … But I’ll p
上海千花网女神会所robably wake up tomorrow (and) there will be something negative about it, for sure.”
Kyrgios is capable of being as entertaining and befuddling a pl
ayer as there is and showed why throughout this 3-hour-plus contest that overshadowed ev上海千花网
erything else going on around the grass-court Grand Slam tournament on Day 4.
Defending champion Angelique Kerber was upset by Lauren Davis, a
上海千花网女神会所n American who lost in qualifying but got into the main draw when someone else withdrew. Se
ven-time champion Serena Williams needed a comeback to win in three sets against an 18-year-old qualifier.
China’s Ministry of Foreign Affairs presented Fujian province to the world at an event on上海千花网女神会所
Friday in Beijing co-organized by the ministry and the People’s Government of Fujian province.
The event was held in the ministry’s South Building and was the
med China in the New Era: Eco-friendly Fujian, Gateway for the Maritime Silk Road.
Fujian province, birthplace of ancient Maritime Silk Road, bears an important role as the core of the 21st Century Maritime Silk Road.
The symbols inscribed on the Cong also appear on other Neolithic relics. This raises the quest
ion of how, at the dawn of history, ancient cultures interacted with one another across China’s vast territory.
Gazing at us from 5,000 years ago, these eyes seem to be summoning us back to the ancient past.
signed and engi上海千花网neered in California and includes components from several countries in
cluding the United States”, and “final asse
mbly is only one part of the manufacturing process”.上海千花网 Apple has been expanding its R&D push in China, one of the world’s largest consumer
上海千花网electronics markets. Since 2017, it has establi
shed four R&D centers in the country – one each in Beijing, Sh enzhen, Shanghai, and Suzhou – entailing a combined investment of 3.5 billion yuan ($509 million) and em
ployment for over 1,000 people dedicated to inno
vation in hardware, software and services.上海千花网 More efforts are needed from Chinese companies to explore the potential of massive data as mounting firms globally own “d
上海千花网女神会所ark data” and very few know how to use it, an in
dustry insider said during the three-day Annual Meeting of the New Ch ampions 2019, also known as Summer Davos, which ended Wednesday in Dalian, Liaoning province.
“Many companies or organizations didn’t fully realize the potential of “da
rk data”, which refers to all the unknown and untapped data generated by an org上海千花网女神会所
anization’s systems, devices and interactions”, said Song Haiyan, senior vice-president and general manager of se
上海千花网curity markets of Splunk, a US company leveraging software to search and analyze data.
“The chaos of being unable to deal with such data creates tremendous opportu
nities for motivated companies to learn, as well as for Splunk to empower them to use it,” she said.上海千花网女神会所
Another challenge for companies using data is that they tend to simply collect d
ata but do not use it to predict something that they don’t even know, she added.
上海千花网女神会所In the wake of such problems, Song said Splunk has integrated some premium solutions, including artificial int
elligence, across the platform to help companies better use “dark data”, as well as predict future outcomes.
Splunk, founded in 2003, is a Nasdaq-listed company. Its total revenues hit $425 mil上海千花网女神会所
lion for its fiscal first quarter ending April 30 this year, which was a 36 percent increase year-on-year.
“I am glad to see that here in China, companies are putting the use of AI into a higher-than-ever role in their b
usinesses,” she said, adding that she was confident about business growth in the country.
Using maximum pressure to achieve its goals is a trick frequently used by some in the United States for international negotiations cal
上海千花网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上海千花网
hrough bullying and deception. Some people in the US think that “maximum pressu
re” is extremely powerful, and decidedly useful when dealing with China.上海千花网 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 po
werful economic and political pressur上海千花网 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
上海千花网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 hap
pens 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? 上海千花网女神会所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?上海千花网女神会所
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.上海千花网女神会所
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.