Also on the same site, the 上海夜网dministrative Commit

ttee signed an imp上海夜网ortant agreement with the SSGKC Investment and Development Co to carry out a three-year training program.

This aims to learn from Singapore’s advanced experience and successful practices, to t上海夜网

rain top professionals for the knowledge city and for Huangpu district, where SSGKC is located.

Dynamic, high-value city

上海夜网女神会所”SSGKC has developed into a knowledge economy center driven by innovation with global c

ompetitiveness and a desirable place to work and live,” a leading official of the city said.

Located in the core area of the Guangdong-Hong Kong-Macao Greater Bay Ar上海夜网

ea, SSGKC is 25 kilometers from Guangzhou Baiyun International Airport and almost 35 km from do

wntown Guangzhou, Guangdong’s capital.上海夜网女神会所

Besides the completion of a subway network linking SSGKC to the re

st of Guangzhou by the end of this year, in the future the area will also be connected to o

上海夜网ther cities and provinces by eight rail lines, five roads and seven urban expressways.

“We have favorable locations, a strong research institute, a State-level pilot zone for IP protection and improved transportation network and efficient o

perations, which ensure SSGKC will be an ideal destination for investment,” the official added.上海夜网女神会所

SSGKC is designed to cover a total greenfield area of 123 sq km. But about half of the area has been earmarked for urban use, during the 15 to 20 year de

velopment period from the 2010 ground-breaking ceremony, while the other half will be preserved as green spaces.

上海夜网Ultimately, the knowledge city will house a population of 500,000 a

nd become a vibrant place for all to “live, work, learn and play”, its designers have said.

To date, the project’s startup phase, with an area of 6.27 sq km, has been substantially completed.上海夜网女神会所

According to official figures, more than 1,000 companies have registered with SSGKC since 2010, with an aggregate regist

ered capital of nearly 110 billion yuan ($16.1 billion) and about 82 billion yuan in fixed assets.上海夜网女神会所

Five high-end industrial parks – that focus on new-generation information tec

hnology, AI, biomedicines, new energy and new materials – have been built in SSGKC.

A large number of international and domestic leading enterprises have settled in SSGK

C. These include General Electric, BeiGene, Innocare, CanSemi, China Telecom, China Mobile, China U

nicom, Siemens, Carl Zeiss, Alibaba Cloud, Greatoo Intelligent and Focus Media.

www.15xe9.cn

Among them, the local government will provide housin

g and rent subsidies for professionals working in the CSGKC.The gove

上海419rnment will also launch a batch of public facilities including an international conference cent

er, sports center, neighborhood center, library and museum that meet international standards.Infrastructure pro上海419品茶微信

jects including eight railways, five expressways and seven urban expressways are under construction and a ne

上海419w metro line is scheduled for operation in late September.An intercity light rail is also slated to be put into se

rvice next year. By then, travel time from the CSGKC to other cities in the Bay Area is expected to be reduced to within an

hour.In addition, a high-speed rail station and convenient traffic routes to the airport, railway stations and the port of G上海419品茶微信

uangzhou are planned.he construction of a smart industry park started in Sino-Singapore Guangzhou Kn

owledge City (SSGKC) on Thursday. The knowledge city was elevated to a national-level project last m上海419品茶微信

onth.Involving a total investment of 1.4 billion yuan ($203.34 million) and scheduled to be completed in 2020, the China-Singapore International Smart In

dustry Park will focus on the development of technology related to the internet of things, big data and cloud ec

上海419品茶微信ology.It is designed to empower companies developing applications in the smart home, transport, office, healthcare and

city industries, according to the administration of Huangpu district, Guangzhou, where the project is located.

www.shlfwab.com

Liu Xiangdong, a rese上海千花网the China Center for Int

ternational Economic Exchanges, said besides the policies launched to further stimulate c

上海千花网onsumption upgrade, the authorities needed to regulate the consumption environment in elderly car

e, healthcare and information while easing market entry in the healthcare, education and elderly care industries.

上海千花网Foreign companies are also showing a positive attitude toward the Chinese market.

“The implementation of more opening-up policies in the field of consumption is contributing to the shift of China’s econom

ic growth model from investment orientation to consumption orientation, which is more sustainable,” said St上海千花网品茶微信

phane Rinderknech, CEO of L’Oreal China, one of the world’s leading beauty products makers.

“Today, we are more confident than ever in developing and seizing opp上海千花网

ortunities in China. With a continuously improving business environment, consumers’ trust and

our great China dream team, we are confident in making China the number one market for L’Oreal Group in the near fut

上海千花网品茶微信ure,” he said. “We hope the joint efforts between the Chinese government an

d companies will further stimulate China’s domestic consumption and benefit consumers.”

Faced with trade friction with the United States, experts believe consumption will play a major

role in offsetting the negative impact on trade and putting economic growth on a firm footing.上海千花网品茶微信

“China is a market with a population of 1.4 billion and 400 million middle-income earners, and there is a strong dem

and for consumption upgrade,” said Wang Bin, an official at the Ministry of Commerce. “The domestic consumption ma

rket is full of potential and it is China’s biggest advantage to maintain long-term stable development.”

Rural areas offer more consumption potential, according to experts.

“The country’s exports in the first five months (of 2019) had been increasing but at a slower pace… in the future, the trade surp

lus will inevitably narrow,” said Xu Hongcai, deputy chief economist at the China Center for International Economic E

xchanges, arguing that the degree of dependence on foreign trade will decrease.

He said the country needed to turn to domestic demand to power ec

onomic growth, and the country’s ongoing urbanization offered large potential.

www.shangzili.cn

During Li’s visit to Jap上海乌托邦o sides signed docum

ents in areas 上海乌托邦such as cultural exchanges, medical care and public health, service trade, third-party mark

上海乌托邦女神会所et cooperation and building sea and air communication mechanisms, some of which have already yielded results.

And when Abe visited China, 12 cooperation documents-two agreements and 10

memorandums of understanding-and 52 documents on the Belt and Road Initiative were signed between the two governments, and companies and or上海乌托邦

ganizations from either side. These documents and cooperation projects on infrastructure facilities, logistics, inf

ormation technology and finance have laid the basis for upgrading China-Japan relations in the new era.上海乌托邦

However, to develop Sino-Japanese relations in a way that meet the requ

irements of the new era, some principles and guidelines have to be followed.

上海乌托邦Politically, the two sides should abide by the principles enshrined in the four political doc

uments inked by the two governments, and ensure the two sides are cooperation partners, not a threat to ea

ch other. Exchanges and coordination at all levels, particularly those between the leaders, should be strengthened to de上海乌托邦女神会所

epen mutual trust and help Sino-Japanese ties to evolve on a friendly and cooperative track.

On the economic front, the two sides should deepen cooperat

ion in investment, third-party markets, technology and innovation so as to boost mu上海乌托邦女神会所

tual economic growth and promote regional economic integration, including accelerating the regional economic coop

eration negotiation process, encouraging enterprises to increase investments in each other’s country and bu上海乌托邦女神会所

ild a fair, nondiscriminatory and predictable business environment for companies from both sides.

The cultural bonds between the two countries need to be further strengthened. And the two sides should expedite t

heir efforts to promote youth exchanges and people-to-people engagement in order to deepen mutual un

derstanding. It is good to see that the two governments have decided to take the 2019 China-Japan Youth Exchange Pro

motion Year as an opportunity to initiate senior-level cultural exchanges to bring the two peoples closer.

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firmly opposes extrem上海千花坊女神会所consolidated. urkey

for the EU to revi上海千花坊女神会所se up the nearer-term target – although

doing so has far less support as doubts remain over how to pay for the economic shift to low-

上海千花坊carbon technology in big employment sectors such as transport, farming and building.

To achieve net-zero emissions, the bloc would have to invest an additional 175 billion to 290 billio

上海千花坊女神会所n euros ($198 billion-327 billion) per year in clean energy technology, according to an EU projection.

On the eve of the summit, Greenpeace activists projected the image of a bomb-sh

aped earth ready to explode on the facade of the building, warning “time was running out”.

“With people on the streets demanding action and warnings from scientists that the window to respond is closing fast, our gove上海千花坊

rnments had a chance to lead from the front,” Greenpeace EU climate policy adviser Sebastian Mang said.

Statistics from a property research institution showed that Hangzhou, with a total lan上海千花坊

d revenue of 142.3 billion yuan ($20.71 billion), has become the “king of land revenue” during the first six months of this year.

According to data from the China Index Academy, a Beijing-based property research institution, the tot

al land transaction fees in 300 major Chinese cities was 2.25 trillion yuan in the first half, a 16 percent year-on-year increase.

上海千花坊女神会所The combined income from leasing land in Hangzhou surpassed 140 billion yuan, ranking the top na

tionwide. It was followed by Wuhan, Beijing, Tianjin, Shanghai and Chongqing, whose land income all exceeded 60 billion yuan.

During the first months of this year, the combined value of land transaction in the top 10 cities was 764.5 billion yuan, up 16 percent year-on-year.上海千花坊女神会所

Foshan in Guangzhou province, Changzhou in Jiangsu province and Shaoxing in Zhejiang province all entered the top 20 cities ranking.

In terms of planning construction areas, Wuhan, with 24.75 million square meters, took the top spo

, followed by Tianjin (19.78 sq m) and Xi’an (19.24 sq m). During the first half, the combined pla上海千花坊女神会所

nning areas of land transaction in the top 10 cities was 178.15 million square meters, up 9 percent year-on-year.

When it comes to land purchases, Country Garden, a Hong Kong-listed proper

ty developer, topped the list with 98.1 billion yuan, followed by Vanke and Sunac China.

The enthusiasm of property developers grew as the land market showed signs of rebound since March, the academy said. Durin

g the first six month, the value of land purchased by Beijing-based Sunac China increased by 5.8-fold to 68 billion yuan.

www.khlee.com.cn

On the other hand,上海会所he past, the Fed now has t

to take the delayed effect of balance sheet reduction conducted earlier into its consideration of rate cuts. The current phase-out of balanc

上海会所e sheet reduction already has some easing effect, and only after the balance sheet reduction ends in September, can its impact become clearer.

By incorporating that impact into consideration, the Fed can draw up a better rate cut plan that maximizes effects of the policy mix.上海会所

Thirdly, the market may have overestimated how much the Fed will cut the rates. There may be no more than three rate cuts by the end of 2020.

St. Louis Fed President James Bullard – the major advocate of this

round of rate cut – has suggested the use of the modern-day Taylor rule, which fairly well explains th上海会所

e Fed’s interest rate decisions. Even based on this model adopted by dovish Fed officials, we found that the degree of rate cuts may be weaker than m

上海会所arket expectation for quite some time going forward: at most one cut by the end of this year and likely two or three cuts by the end of 2020.

By contrast, before the June FOMC meeting, the market expected a higher-than-85-percent chance of more than one rate cut by the

end of this year as well as an about 60-percent chance of more than three cuts by the end of 2020, according to Bloomberg data.上海会所品茶微信

In conclusion, we think as economic downside pressure gradually emerges, the Fed will have to kick off the rate cut cycle. But the rate cut si上海会所品茶微信

gnal, timing and degree may not measure up to the market expectation. Therefore, two future developments appear possible:

First, investor sentiment can reverse drastically if the Fed’s action fails to meet market expec上海会所品茶微信

tation. Considering the market has fully priced in the unrealistic expectation of rate cuts sinc

e early June, any reversal of expectation can lead to short-term fluctuations of key price signals such as the US Treasury yield cu

rve, the US Dollar Index, and the gold price, which may pose extensive spillover shocks to asset portfolios.

Second, the long-term trend of rate cuts will continue even if the market expectation reverses. In the long

run, the Fed is expected to proceed with rate cuts in a fairly slow and smooth way. This will enlarge the monetary policy room of ot

her major economies and expedite the shift toward an easing global monetary environment, which may in turn lift the sen

timent of global stock markets and ease any currency risk of emerging markets gradually.

Cheng Shi is the managing director, head of research and chief economist of ICBC Interna

tional Holdings Ltd.Qian Zhijun is a senior economist of ICBC International Holdings Ltd.

chitudoudemao.cn

That is key to ensuring 上海后花园when it is locked in fi

ierce competition with players such as Huawei Technologies Co in China as well as outside, Xiang said.

上海后花园A mother of four, Ge said one of the keys to work-life balance is to “cherish

every moment spent together and give the kids all of your focus while staying together”.

The company is working to help more rural students in China access digital technolo上海后花园品茶微信

gies. Last year, Apple said it would donate 25 million yuan to the China Development Research F

oundation as part of its efforts to help students in the nation’s less-developed areas.

上海后花园”Everyone can learn computer programing. We hope Apple’s technology can be used to help more students catch the trend of digitalization,” Ge said.

US-based analytics firm SAS plans to invest $1 billion yuan in artificial intelligence in th

e coming three years, with China a major target market where the company sees huge demand on the b

ack of the Chinese government’s emphasis on AI development, said one of its top executives.上海后花园

“Through software innovation, education empowerment, and specialist service, we will continue to empower analysis-rel

上海后花园ated industries and the country’s real economy,” said Gavin Day, senior vice-president of SAS.

He said that part of the investment will flow into SAS’ resear

ch and development center in Beijing. The rest will be used to bridge the talent gap.上海后花园品茶微信

“There is a huge shortage of talent in China. Not everyone understands the power of analytics, and how it operates. W

e are investing in local universities in China and with our partners to help teach analytics to the next generation.”

SAS has issued over 70 master’s degrees in China’s universities such as P上海后花园品茶微信

eking University, Tsinghua University, Fudan University,and Renmin University of

China.In addition, it has successfully held six analytics contests in China’s universities.上海后花园品茶微信

Initially, there were merely 55 teams from three contest regions.The latest contest attracted 1,300 teams from 31 co

ntest regions.More than 3,600 participants evinced interest in considering analytics as a career.

“We noted that China’s demand for AI talent is growing dramatically

, and related education is a must. Through educational investment, SAS is em

powering China’s next generation of analytics talents,” said He Weixin, managing director of SAS China.

www.hnslxxw.com.cn

Boeing may reimburse airlines for 737 MAX grounding

Boeing CEO Dennis Muilenburg said on Wednesday that the aircraft manufacturer

上海千花坊is having “ongoing conversations” with airlines about possible reimbursements following the worldwide grounding of 737 MAX jets.

The airlines haven’t disclosed how much they are seeking from Boeing, but some analysts peg industrywide losses at about $1 billion. In an interview with Axios, Muilenb上海千花坊

urg didn’t say how Boeing would compensate airlines, but it could be cash, a discount on future orders or additional pilot training and services.

Airlines seeking compensation include Air China, China Eastern Airlines, China Southern Airlines, Norwegian Air, Turkish Air, Ryanair, Flydubai and United Airlines.上海千花坊品茶微信

“Reimbursement isn’t a technical problem,” John Cochran, president of Eaglemark, an aviation con

sulting firm and professor emeritus of Aerospace Engineering at Auburn University, told China Daily USA. “It’s a matter of first imp

ression. Some of what Boeing proposes to do may be contractual and it’s certainly sound public relations. Boeing wants to keep its customers happy.”上海千花坊

The 10,000-member pilots union for Southwest Airlines said this month it will ask B

oeing  for compensation to cover legal costs and lost income for pilots due to the 737 MAX grounding.

上海千花坊品茶微信The union hasn’t said how much pilots have lost, but it could be as much as $9 million a month, the Dallas Morning News reported.

Southwest has 34 MAX jets in its fleet. The airline said it plans to resume MAX flights on Sept

2, but the union said “there is no accurate estimate of when the MAX will return to service.”

上海千花坊品茶微信Airlines have used other planes when possible to replace grounded MAX jets, but some flights have been canceled. The airlines appa

rently seek compensation for lost revenue as well as storage and the cost of preparing the MAX to return to c

ommercial service when the US Federal Aviation Administration and other regulators say it’s safe to fly.

Boeing MAX jets were grounded worldwide following crashes March 10 in Ethiopi

a and October 29, 2018, in Indonesia that killed a total of 346 passengers and crew.

Preliminary investigations suggest the aircraft’s Maneuvering Characteristics Augmentation System (MCAS), an automated anti-stall device, apparently fo

rced the noses of Lion Air and Ethiopian Airlines flights down and into a fatal plunge when it erroneously deter

mined the planes were about to stall. To avoid a stall, MCAS points the nose of the plane down to gain air speed.

www.shlfapp.cn

dancers pose for a group photo on theSpanish Day at

For anyone interested in Spanish and the vibrant cultures of the Spanish-s

上海乌托邦peaking world, the annual Spanish Day is a real feast that certainly cannot be missed.

As a traditional open day of the Beijing arm of the Cervantes Institute, a Spanish cultural center, the Spanish Day is celebrated to honor learners, lovers and promoters of Spanish, the world’s second most spoken native language.上海乌托邦

Held on June 22 this year, the event featured young soccer players and Spanish learners who staged a medley of sports and artistic performances. In addition, as a prelude to the exhibition Writer Picasso, those young participants also created a mega-sized mosaic artwork as a tribute to the Spanish master.上海乌托邦品茶微信

Supported by the embassies of Spanish-speaking countries such as Uruguay, Mexico and Argentina, the 12-hour-long open day sh上海乌托邦

owcased how diverse and intriguing the Spanish culture is through dance performances, film screenings, concerts, foods and more.

Construction of the second 330-meter-tall tower for one of the world’s largest cable-stayed bridges was completed in East China’s Jiangsu province on Thursday.

上海乌托邦品茶微信The 11,072-meter-long Hutong Yangtze River Bridge, linking the cities of Nantong and Suzhou, is de

signed with a main span of 1,092 meters, making it the world’s first road-rail cable-stayed bridge with a span over 1,000 meters.

Ning Chaoxin, with the China Railway Major Bridge Engineering Group Co., Ltd (MBEC), the project’s contractor, said the two c上海乌托邦品茶微信

able towers are the key force structure of the bridge. The longer the bridge spans, the higher the cable tower needs to be.

To ensure the shipping on China’s busiest waterway, the bridge is designed to have a longer span. About 73,000 cubic meters of concrete

and 11,000 tonnes of steel bars were used to build each tower, whose height is equivalent to a 110-storey skyscraper.

Ning said the huge construction volume is required so that the bridge can withstand

violent typhoons, magnitude-8 earthquakes and impacts from the collision of a 100,000-tonne ship.

The bridge will have a 6-lane expressway on the upper deck and four railway tracks on the lower deck.

The track laying on the bridge will start in January 2020, according to MBEC. The bridge is expected to ensure the river shipping on the Yangtze, while easing the roa

d and railway traffic pressure in the Yangtze River Delta region, China’s economic powerhouse.

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She also said that 96 percent of Polish companies are

e small and medium-sized enterprises, many of which are family businesses and contribute the greater part of the country’s GDP.

“上海千花网Poland is known worldwide for the q

uality of its food, such as apples and milk, which are already available on the Chinese m

arket. We believe that Chinese consumers will be more open for new tastes of Polish food in the near future,” Skoczek said.

He said the CISMEF is an international event which features the highest level, largest scale and most wid

e-ranging influence in the Asia-Pacific region and specially serves SMEs. Over the past 13 years, 16 countries and international organizations in Asia, Europe, Oceania, America (North上海千花网

America and South America) and Africa have been invited to host the exhibition, with its international influence growing year by year.

The 14th CISMEF will feature South Africa and the United Nations Industrial Development Organization (UNI

DO). With an exhibition area of more than 1,000 square meters, South Africa will appear with more than 70 characteristic enterpris上海千花网女神会所

es in industries such as agriculture, and services, to promote and present distinctive local products, industrial investment environment and cultural customs. UNIDO will set up

a special promotion area in the International Hall to popularize the knowledge of industry, and provide technical support and projects needed by SMEs.上海千花网

Currently, 31 countries, regions and organizations have confirmed their participation and booked 1,028 booths, including South Africa,

UNIDO, Egypt (first time), Malaysia, Thailand, Cambodia, Myanmar, Greece, the UAE, the United Nations Office for South-South Cooperation, Japan, Poland, Sri Lanka, Russia, Sou

th Korea, Vietnam, Bulgaria, Iran, Nigeria, Germany, Indonesia, the USA, Spain, Australia, Qatar, Brazil, New Zealand, Israel, Taiwan, Hong Kong and Macao.

上海千花网女神会所Responding to the national strategy of opening up, the fair will host several international pavilions featuring the Belt and R

oad; China-Africa Cooperation Mechanism and the Guangdong-Hong Kong-Macao Greater Bay Area; Africa pavilion; Central and Eastern Euro

pe pavilion; Middle East pavilion and Hong Kong; and the Macao & Taiwan pavilion will be set up to present distinctive products and 上海千花网女神会所quality services.

A wide range of practical events, such as the second Asia-Europe SME Financing Seminar, SME Cross-border M

atchmaking Seminar and Business Promotion of Overseas Exhibition Groups and Purchase Presentation, will be held conc

urrently to build a capital, technology and intelligence networking platform for Chinese and foreign SMEs.

With 6,000 standard booths and an exhibition area of 150,000 square meters, the 14th CISMEF is hosted by the Ministry of Industry and Info

rmation Technology of the People's Republic of China, the State Administration for Industry & Commerce, the People

's Government of Guangdong Province, the Department of Small Business Development of South Africa and UNIDO.

www.shlf20.cn