lot at stake when Xi and上海会所China Daily editorial

Since both Beijing and Washington understandably want to hold their cards close to their chest

s until Xi Jinping and Donald Trump actually sit down to talk, it remains difficult to foretell exactly ho

上海会所w the widely anticipated Saturday meeting between the two presidents on the sidelines of the G20 Summit in Osaka will play out.

Both sides appear intent on seeking the best possible outcome, while being prepared for the worst. For all the harshness in thei上海会所

r respective rhetoric, both parties need some kind, or at least degree, of truce. Because both are beginning to feel the pain.

Yet ironing out the obviously substantial divergences between the two governments and sealing a wholesale deal will take time.上海会所品茶微信

So both have come with a Plan B.

“My Plan B with China is to take billions and billions a month … and we’ll do less business with them,” Trump said on Wednesday. Which is unrealistic.

Beijing’s, as both the Foreign Ministry and official media are vowing, is to “fight till the end” in上海会所

that case. Such a scenario would be lose-lose, as it would mean diminishing returns for both.

Global investors are pinning their hopes on the upcoming meeting producing a breakthrough in the cur上海会所品茶微信

rent impasse. The yet-to-be-confirmed report that China and the United States have reached a te

ntative agreement to avert the threatened tariffs helped Asian stock markets turn higher on Thursday.

上海会所品茶微信If some kind of truce cake has indeed been baked, as some assume, it certainly would be something worth celebrating.

After all, tense as they are, the trade frictions are the fuse of a broader and more dangerous standoff that may not only pit the world’s two largest econ

omies against each other, but also lead to the fragmentation of the global market and the international community.上海会所品茶微信

Former US treasury secretary Henry Paulson may have over-estimated

the impacts of US sanctions on Huawei in his latest Financial Times piece. Because th

ey do not work like a “death sentence” at all with Huawei raking in 5G contracts at home and abroad.

But he made a critically important point in warning that “we now face the very real prospect that an economic iron curtain may descend”.

The US approach that threatens to “Balkanize” technology and “decouple” it from China, as Paulson suggested, risks dividing t

he global technological and economic landscape, isolating the US itself, and undermining US capabilities for innovation.

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What’s wrong with t上海419论坛女神会所g frozen again?

In 2019, the situati上海419论坛女神会所on of hammer technology has not improved. Following a recent ruling by the People’s Court of Hexi District of Tianjin to

reported that this is the third property freeze preservation case recently encountered by Hammer Technology.

Not long ago, Aoyin Technologies (Beijing) Co.property of Beijing

Hammer Digital Technology Co., Ltd. and frozen 4.5 million yuan of Hammer Technologies.

On March 3, Tianjin Hexi District People’s Court ruled that Beijing Hammer Digital 15778654.99 yuan was taken to protect its

property due to a dispute between Tianjin Dongshengtai Electronics Co., Ltd. and Beijing Hammer

Digital Co., Ltd. in terms of sales nsurance Company provided guarantee.

Meanwhile, according to Sina Technologies, Luo Yonghao, CEO of Hammer Technologies,

has frozen his shares in Chengdu Hammer Technologies Group, involving 100 million yuan.

According to Tian Eye Check, Chengdu Hammer Technology Group Co., Ltd. added a new information on judicial assistance. The People’s

In fact, in December 2018, Luo Yonghao’s shares in Hammer Science and Technology were

www.ex079.cn

hina to realize full electronic toll coverage by year-end

More than 90 percent of vehicles on expressways in China should

be able to use the electronic toll collection (ETC) system by year-end, according to the Na

tional Development and Reform Commission and the Ministry of Transport.

The move is part of an effort to reach the goal of essentially re

moving all tollgates in two years, as laid out in the Gov

ernment Work Report in March. The brick-and-mortar tollgates will finally be rep

laced with the virtual ETC system, partly to reduce emissions and logistics costs.

In an action plan released on Tuesday, the commission and

ministry outlined a timetable for establishing the ETC syst

em, which allows drivers to pass electronic tollgates on expressways without stopping.

qianhuaes.com

new college graduates aged up to 24 years old increased by

ed by 8.4 percentage points, as the global financial crisis caused demands to fall drastically. It i

s possible that the Sino-US trade dispute could have a similar impact on the job market.

So the government should implement an expansionary macroeconomic policy to create a loose em

ployment environment and better implement social security measures to cope with frictional u

nemployment and the structural employment problem of college graduates.

To offset the possible negative impact of the Sino-US trade dispute on college graduates’ employment, the government sho

uld also expand post-graduate enrollment, increase internships for unemployed college graduates and imp

lement favorable policies to ease the enterprises’ financial burden so they can recruit more employees.

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The US administration’s “America first” policy, repres

ented by its unilateral and protectionist moves, has harmed both countries’ economic interests an

d proved to be a drag on the global economy, as the recent turmoil in the international capital market shows.

Simulation tests of large general equilibrium models show that

both countries’ economic indicators would suffer due to the US tariff hike on $200 billio

n of Chinese goods two weeks ago. For example, China’s GDP could decline by 0.657 percent, manufacturing jobs by 1.02

8 percent, exports by 3.359 percent, and imports by 1.384 percent, while the decrease in the US’ GDP would be 0.004 per

cent, manufacturing jobs 0.652 percent, exports 1.876 percent, and imports 3.883 percent. And global GDP, ma

nufacturing jobs and trade could reduce by 0.123 percent, 0.28 percent and 0.79 percent.

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Online English education sector records 168% growth but ch

nline English-language courses for children saw an explosive growth in 20

18, according to a report released by data-monitoring firm Trustdata on Tuesday.

The report on China’s online English education market for children s

hows that the market had more than 15 million users last year, up 168.3 percent year-on-ye

ar. It’s expected that the market size would surpass 50 billion yuan ($7.3 billion) in 2019.

The market pattern of one-on-one teaching has been gradually for

med and the top brands have secured the lion’s share of the market, as per the report.

Market size doubles in one year

The market size of online English-language education for childre

n was 21.3 billion yuan in 2018, an increase of 104 percent year-on-year, with one-on-one teaching taking

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The reform and opening-up policies are exactly the kin

ds of market-driven reforms needed to make this happen. The Chinese government is investing heavily in research

and development, but it should be noted that the R&D spending as a percentage of GDP is still lower than that of the US.

Nobody likes competition against themselves. So, it must be admitted that China’s transiti

on to a high-tech, high-value-added economy will come as a shock to many companies around the world.

The US economy, which has about 7 percent of GDP in high-tech manufacturing, will be lightly affected by this change.

On the other hand, advanced manufacturing contributes around 20 percent of GDP in South Korea, Japan, Ge

rmany and a few smaller European countries. They will be much more directly affected.

China’s transition over the next 10 years will not be painless for its compa

nies or for foreign competitors. But, reform and opening-up policies that create more com

petitive companies and markets are the only way to achieve a richer and more productive world economy in the long term.

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Other signs of a more vigorous Chinese economy wer

 also visible in the quarterly financial results, including an accelerated transition to innovation-based growth.

According to Wind Info, sectors like communication, non-banking financials and co

mputers topped the earnings growth of all sectors of the A-share market in the first quarter.

“The communication sector registered a 310-percent growth in profits in

the first quarter, bolstered by the acceleration of 5G infrastructure construction and the rec

overy of industry giant ZTE Corp,” said Wang Yi, chief strategist at Shenzhen-based Great Wall Securities.

In the future, as large-scale commercial uses of 5G are poised to take

place, profitability of related companies will continue to see improvements, he said.

Listed companies have also stepped up innovation capabilities. In 2018, Sh

enzhen-listed companies increased their aggregate research and dev

elopment expenditure by 22.3 percent, with 11.4 percent of them having R&D expenditure in excess of 10 percent o

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In addition, the institute will invite foreign experts

to give lectures to the students to provide access to new developments in the international space sector.

“We want to make sure that they will be able to design satellites when they complete their study here and go back to their countries,” Cui said.

He added that compared with their Chinese peers, the foreign

students are more active in class and are better at asking questions and sharing their thoughts.

The foreign students will choose either remote sensing or comm

unications satellites as the topic for individual research at the Shenzhou Institute, Cui s

aid, adding that their choice will depend on what they will do in their homeland after the program.

Wang Jie, the mentor of the eight-student class, said that in addition to professional knowledge

and on-site tours, the institute also arranges lectures on Chinese language and culture for the foreign s

tudents and takes them to such historical sites as the Forbidden City and Summer Palace.

howcode.cn

hina still faces serious scarcity of water resources. Its

per capita water resource share lags far behind the world average.

An action plan jointly released by the NDRC and the Ministry of Water Resources has

put forward major initiatives to meet the goals, promoting management mechanism of water saving cont

acts and water-saving service industries. job fair is held for foreign students at the University of Inter

national Business and Economics in Beijing on April 18, 2019. Around 1,000 foreign students attended, seeking jobs

Torrential rains have hit many cities in South China’s Guangdong on Friday, bringing traffic chaos.

Guangzhou Baiyun Airport had seen 104 flights canceled, 66 flights delayed for more than

an hour, and 19 flights diverted to other airports by 11:30 am. Huadu district, where Guangzhou’s air

port is located, announced a red signal, the top-level warning for heavy rain, at 11:04 am.

The airports in Shenzhen and Zhuhai have also been affected by the downpour.

Many trains between Guangzhou and Shenzhen were delayed, with stranded passengers waiting at the train stations.

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