Witt

The EU remained China’上海419trading partner betw

ween January and July, with bilateral trade volume up 10.8 percent year

上海419on-year to 2.72 trillion yuan, followed by the Association of Southeast Asian Nations, up

11.3 percent to 2.35 trillion yuan, and the United States, down 8.1 percent to 2.1 trillion yuan.

To offset the negative impact caused by the Sino-US trade dispute, potential for trade cooperation between China and economie上海419品茶微信

s participating in the Belt and Road Initiative such as ASEAN, Russia and Italy has been further unleashed this yea

上海419r, said Chen Bin, executive vice-president of the China Machinery Industry Federation.

Chen said the trade dispute between China and the US has prompted Chinese ente

rprises to accelerate their pace of innovation to break external restrictions in many fi上海419品茶微信

elds such as semiconductors and new materials, as well as expand their global presence at a notable pace.

Yan Min, a division head at the State Information Center’s Department of Economic Forecasting, said China’s div

上海419ersified trade development — exploring new markets and generating fresh demand — has become a driving forc

e for its foreign trade expansion and created room for the country to maintain stable trade growth.

New measures to stabilize trade can help ease the burdens of Chinese exporters and enh上海419品茶微信

ance their capabilities to address external uncertainties and boost their confidence, Yan said.

上海419According to the General Administration of Customs, China’s exports increased 6.7 percent year-on-year to 9.48 trillion yuan in th

e first seven months, while imports grew 1.3 percent to 7.93 trillion yuan. Its trade s

urplus widened by 47.4 percent year-on-year to 1.55 trillion yuan during the same period.

China’s trade with BRI economies totaled 5.03 trillion yuan, up 10.2 percent year-on-year, about 6 pe上海419品茶微信

rcentage points higher than the overall pace, accounting for 28.9 percent of China’s total trade volume.

www.blghuafenchi.cn

up policy, China opened上海后花园nomy to the outs

side world, boosting Chinese businesses’ need for returning talents. They will n

eed more overseas returnees as the country‘s economy keeps growing and as it further o上海后花园女神会所

pens the economy. More talents, meanwhile, will move back,” he said.

To enhance competitiveness, a number of Chinese cities have jumped into a fierce “war” f上海后花园

or talents with attractive financial support, favorable hukou (household registration) policies and other subsidies.

上海后花园女神会所Shenzhen in Guangdong province, for example, has started its “peacock project”

to attract overseas returnees since 2011, and is granting rewards of 3 million yuan ($432,000) to high-end o

verseas talents in industries that are facing an acute shortage of skilled workers.上海后花园

In June, Guangdong announced a policy to reduce taxes for overseas talents and the much-needed

skilled workers planning to move into the Guangdong-Hong Kong-Macao Greater Bay Area.上海后花园

“The Chinese immigrants overseas and students overseas are the em

上海后花园女神会所erging power of China’s future economic development,” said Wang Huiyao, fo

under and director of the Center for China and Globalization, a nongovernment think tank in Beijing. “The ta

lent war is getting more and more fierce. In Silicon Valley, international talents count for 50 percent of its total tale上海后花园

nt pool, but in Zhongguancun (China’s technology hub in Beijing), the ratio is only 1 percent.”

About 53 percent of the surveyed respondents mo

上海后花园女神会所ved back for opportunities to progress and develop their careers i

n key emerging sectors that face talent shortages, such as the biopharmaceutical industry.

However, better payment was not the sole reason for the s上海后花园

hift, the report said. “Being close to family is of paramount im

portance to professionals who want to return to their families as Asia is aging rapidly.”

上海后花园女神会所The survey found that 71 percent of the Chinese overseas returnee respondents regarded family as

the prime motive for moving back to the home country, a rapid increase from the 41 percent seen in a similar

Hays survey in 2013, despite the fact that they may not receive a pay increase at home.

dnrjpa.cn

Xinjiang Uygur sees big in上海419flux of visitorsmelons at

The Xinjiang Uygur autonomous region experienced a travel boom

上海419from January to June, and the growth is projected to co

ntinue through the rest of 2019, according to a recent report by the region’s government.

The report said that in the first half of 2019, the region received abou上海419

t 76 million visits, up 46 per-cent year-on-year. Revenue generated by tourism exc

上海419品茶微信eeded 115 billion yuan ($16 billion), registering an increase of about 48 percent over the same period last year.

Urumqi, Ili Kazak autonomous prefecture and Changji Hui autonomous pre

fecture were the three hottest destinations for travelers in the past half year. Yea

-on-year, Urumqi saw a 56 percent increase in travelers, Ili Kazak saw 81 per-cent, and Changji Hui 46 percent.上海419

Domestic travelers accounted for 98 percent of those visiting the region, w

hile the top three sources of overseas visitors were Kazakhstan, Russia and Mongolia.

上海419品茶微信According to the report, tourism will maintain high-speed growth of 40 percent in the next half year thanks to sta

ble public security, enhanced infrastructure construction and flourishing winter tourism.上海419

Zhang Xiaoyu, general secretary of the Xinjiang Tourism Association, said that winter use

d to be the slack season for Xinjiang because of the rather low temperatures and heavy snow.

上海419品茶微信”Numerous scenic spots were shut down when winter came, but they grew

to be new attractions to travelers thanks to the popularity of winter tourism,” he said.

In February, 351 attractions were available to travelers, much上海419

more than the 69 that opened around that time last year, according to the report.

上海419品茶微信Scenic spots also saw an increase in travelers during the winter. Zha

ng said that the region offers diversified entertainment to travelers during the season.

moefantasy.cn

The blacklisting will be上海419ed by the administrat

 and valid for three years, it added.Wang Sixin, a professor of internet law at Communication University of China, said

上海419the regulation shows the country’s efforts and determination to clean up cyberspace.

Wang said he regarded the regulation as an “upgraded version” of rules previously made by the adm上海419品茶微信

inistration, adding that the blacklist is urgently needed and necessary to improving the online environment.

上海419″In the past, the administration often launched campaigns agains

t online violations and named violators, but some website operators and service suppliers d

idn’t take it seriously, because the administrative punishments were not strong enough to affect their businesses,” he said.上海419品茶微信

“But the situation, I believe, will change, if the blacklist regulation, a bigger threat, takes effect.”

Zhu Wei, an associate professor at China University of Political Science and Law, applauded the regulation

上海419seeing it as a new step by the administration to manage cyberspace by rule of law and ensure honesty online.

“I’m glad that the current version identifies those who disregard business morality as ‘d

上海419品茶微信ishonest’, because attacks – such as posting untrue information between two internet businesses for c

ompetitive reasons – are often seen and not good for the business environment,” he added.

Wang said the blacklist is reasonable.

“When enterprises realize they could miss opportunities and lose out on developments上海419

in the next three years of this internet era, they will strictly abide by rules and regulate their operations,” he said.

上海419品茶微信Efforts to build an honest cyberspace have expanded in recent years. In December 2018, for instance, e-co

mmerce businesses were encouraged to make use of technologies that prevent dishonest behavior and improve overall online credibility.

China’s online platforms that offer a multitude of services are expected to con上海419

tinue robust growth as the government has pledged more facilitating measures.

At the latest executive meeting of the State Council, China’s Cabinet, a

uthorities vowed another raft of measures to beef up the growth of the sector.上海419品茶微信

Analysts believe these will help upgrade the industry and consumption, deep

en the supply-side structural reform and promote the establishment of a strong domestic market.

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Tourist safety behind cro上海楼凤moveview of Taipei

Given the current climate of cross-Straits relations, the Chinese mainla

上海楼凤nd suspended issuing individual travel permits for Taiwan on Thursday. What do

es the move suggest? Two experts share their views on the issue with China Daily’s Yao Yuxin. Excerpts follow:

上海楼凤女神会所DPP should stop splittist activities

Taiwan witnessed rapid growth in tourist arrivals from the mai

nland in the eight years before Tsai Ing-wen became the island leader in 2016.

Individual travel to Taiwan was first permitted for residents of Beijin

上海楼凤女神会所g, Shanghai and Xiamen, Fujian province, in 2011 when cross-Straits relations were goo

d thanks partly to Ma Ying-jeou being the Taiwan leader. The arrangement was extended to 47 mainland cities over the fol

上海楼凤lowing three years. As a result, mainland tourist arrivals in Taiwan peaked at more than 4 million in 2015.

But tourist arrivals began dropping after Tsai took office, because she and her Democratic Progressive Party refused to rec

ognize the 1992 Consensus that there is only one China, which soured cross-Straits relations.上海楼凤女神会所

Mainland visitors-a large number of whom are individual travelers-account for ab

out a quarter of Taiwan’s total tourist arrivals, so the new curbs could rattle the island’s tourism industry and上海楼凤

hurt the broader economy. If the situation continues to worsen, the system for mai

上海楼凤nland tourists to apply for group travel to the island might also be affected in the foreseeable future.

But ignoring the mainland’s huge contribution to the island’s tou

rism sector prosperity and economic growth, Tsai and the DPP have more brazenly p上海楼凤女神会所

ushed forward their “Taiwan independence” agenda without thinking that, by fur

上海楼凤ther straining cross-Straits relations, they are compromising the well-being of Taiwan compatriots.

Besides, without any evidence to prove their outrageous claim, Tsai

and her fellow DPP leaders accused the mainland of sending spies and interferi上海楼凤女神会所

ng in the local elections last year, which put the safety of mainland individual travelers at risk.

www.zaojiaowg.com

Its leading actor Li Xia上海419论坛g Zi also respond

ded on Weibo by defending the integrity of China’s territory.

上海419论坛Some State media, including People’s Daily, posted correct maps with the hashtag “R

ight way to open Chinese map” on Weibo and called on people to learn China’s territory better.

The ministry announced on its website that a nationwide program will be held at the end of this mont上海419论坛女神会所

h to educate the public about national territory and the map of China, as well as how to use the map correctly.

People living in Hotan prefecture in the southern Xinjiang Uygur autonomous region

上海419论坛can travel to other parts of China along a newly opened expressway connecting th

e last prefecture in Xinjiang to the modern transportation infrastructure in the rest of the country.

The expressway, linking Shule county in Kashgar prefecture and Moyu county上海419论坛

in Hotan, stretches 434 kilometers and is a subsection of the G30 National Express

上海419论坛女神会所way, which links Lianyungang in East China’s Jiangsu province with Horgos on the China-Kazakhstan border.

Construction of the expressway began in July 2017 and it opened on July 31. It has a designed speed of up to 120 kilometers per hour.

The Hotan prefecture had its first expressway linking Moyu county and Hotan cit上海419论坛

y in August last year, but the expressway was not connected with those in other parts of Xinjiang.

Hotan is located in southern Xinjiang, which is known for its hostile environ

上海419论坛女神会所ment and complex geological conditions. It is also one of the poorest regions in China.

Pan Feng, president of a logistics company in Hotan, said the opening of the new expressway is great news for logistics comp

anies as it can shorten the travel time from Kashgar to Hotan from eight hours to just more than four hours.上海419论坛女神会所

“The opening of the expressway will improve traffic infrastructure and benefit the economic development and po

verty alleviation of Hotan,” said Lu Jun, head of the construction team for the expressway.

上海419论坛Extra efforts were taken to overcome construction difficulties and extreme weather, s

uch as sandstorms, rainstorms and flooding and to protect the local ecosystem, he said.

The total length of expressways in Xinjiang is expected to reach 5,234 km by the end of 2019, with上海419论坛

an additional 434 km being built this year, according to the Xinjiang transport department.

xiaovfuli.cn

To resolve the proble上海千花坊articipating in the prog

ram may harm banks’ capital adequacy, regulators will support banks to issue perpetual de

上海千花坊bt – a type of debt without a maturity date – to replenish their capital. Foreign investors will also be allowed to own st

akes in the financial investment firms that take part in the debt-for-equity swaps, the guideline said.

Meanwhile, the guideline said that good-quality and com上海千花坊女神会所

petitive companies with high leverage ratios will be encouraged to participate

in the program and the country will step up efforts to enhance asset pricing of swaps.

上海千花坊Various measures will also be unveiled to lower corporate leverage and properly handle the debt issues of loss-making “zombie c

ompanies”, the guideline said, urging financial institutions to keep monitoring the risks of corporate debt.

Li Longhai, an analyst at Dongguan Securities Co上海千花坊女神会所

Ltd, said that the measures will help banks offload distressed debt from their

balance sheets and will help ease the pressure from the rising nonperforming loans.

“It will also benefit private companies and help them resolve debt risks. And it could sav

上海千花坊女神会所e companies that have strong growth potential but are in temporary difficulties,” Li said in a research note.

As of June 30, the contract value of the debt-for-equity swap program reached 2.4 trilli

on yuan ($350 billion) with about 1 trillion yuan already in place and ready for investment. The value of new contr上海千花坊

acts of debt-for-equity swaps signed in this year reached 390 billion yuan, according to the NDRC.

上海千花坊女神会所Zeng Gang, deputy director of the National Institution for Finance and Developmen

t, said: “The debt-for-equity swaps will improve the financing ability of companies, reduce

their borrowing costs and boost their profitability as well as their business sustainability.”

qianpadae.com

For example, Sichuan上海后花园ince, in China’s inland so

southwest, increased its exports by 21.9 percent in the first half, largely selling to Europe and ASEAN countries.

上海后花园ang Wenlei shapes Olympus’ China strategy with focus on services, manufacturing

Yang Wenlei, CEO of the China unit of Japanese tech giant Olympus Corp, said the local market is of great s上海后花园

ignificance for the company. Olympus, she said, has great confidence in the growth potential of the Chinese market.

The company will press ahead with research and development activities and high-end manufa

上海后花园女神会所cturing in China’s medical field. It also aims to tap the huge local demand for medical equipment, inc

luding endoscopes, microscopes, and solutions for minimally invasive surgeries, she said.

“We will enhance our efforts in medical, imaging and scientific solution sectors in China this上海后花园

year,” Yang said. “The medical sector will be our main focus and we will pour more resources into the segment.”

上海后花园女神会所At present, Olympus is focusing on sales promotions in China. “In the future, we hope to build a compr

ehensive regional headquarters in China, covering R&D, manufacturing, services and training,” Yang said.

“We attach great importance to the medical sector in China. Compared with Europe, the United States, Japan and上海后花园

other developed countries, China has huge potential demand for medical equipment, given its aging population.”

I had expected to see some impact of the trade war on southeastern provinces where export manufa

上海后花园cturing is concentrated. But, Guangdong province grew by 6.6 percent and Zhejiang grew at 7.7 p

ercent year-on-year, both higher than the target rates, in the first quarter, according to the latest data available.

These export-oriented manufacturing provinces are transforming t上海后花园女神会所

oward higher tech manufacturing and are also increasing exports to developing co

untries. For example, Zhejiang’s exports to ASEAN countries surged 22.5 percent year-on-year.

上海后花园女神会所So, the strategy of using domestic reforms and international opening-up to in

crease domestic competition, moving to consumption and services, and emphas

izing higher tech, higher value-added manufacturing is working, according to the latest data.

jvuau.cn

uawei to use self-devel上海千花网ating system in smar

Huawei said on Friday that the company will use its HongMeng operating system in smart TV products to be unveiled in August.

上海千花网The move is part of Huawei’s broader push to increase the applications of its in-house resea

rch and development capabilities amid the US government’s restrictions on the company.上海千花网品茶微信

Yu Chengdong, CEO of Huawei’s consumer business group, said the smart-screen products, considered the futur

e of smart TVs, will use Huawei’s self-developed HongMeng operating system to connect home appliances.

上海千花网These smart-screen products are Huawei’s first step into the TV sector.

Alibaba’s chip-making subsidiary Pingtouge Semiconductor T

hursday launched its first processor XuanTie 910 built on an open-source architecture.上海千花网

The processor can be used in applications in fields including 5G, arti

ficial intelligence (AI) and autonomous driving, according to Alibaba.

上海千花网品茶微信The processor is built on the RISC-V hardware instruction set architecture (ISA) that is

open and energy saving, it said, adding that RISC-V is widely seen as one of the core architectures for chip dev

elopment under the artificial intelligence of things (AIoT) technology in the mobile internet era.上海千花网

The processor is over 40 percent more powerful than the current best RISC-V processors

上海千花网品茶微信and can greatly reduce the design and manufacturing costs of high performance chips.

In the sectors of 5G, AI, network communication and autonomous driving, the processor c

an more than double the performance of chips and reduce the cost of chips by more than half, it said.上海千花网

Alibaba announced the establishment of Pingtouge Semiconductor in S

eptember 2018, just months after it acquired Chinese chipmaker C-SKY Microsystems.

上海千花网Experts on Thursday called for more effort to be made to enhance integration of digital technolog

ies and the physical world, so their application can benefit human beings in smart, safe ways.

“Technologies such as virtual reality, augmented reality and mixed real上海千花网品茶微信

ity have been widely applied in modern life, such as performing medical operations from a dista

nce and helping car navigation by transmitting real road conditions,” said Li Peigen, a member上海千花网品茶微信

of the Chinese Academy of Engineering and president of the Chinese Mechanical Engineering Society

biaodoudou.cn

We have given priori上海龙凤1314mprovement of industr

rial structure, aiming to move from an agricultural province to a provin

上海龙凤1314品茶微信ce with strong industrial competitiveness,” said Du Jiahao, Party secretary of Hunan.

“A modern industrial system dominated by manufacturing and related services is taking shap

e in the province,” said Du, at a recent news briefing held by the State Council Information Office.上海龙凤1314

According to him, the total industrial output grew at an annual growth rate of 12.1 percen

上海龙凤1314t to hit 1.19 trillion yuan ($173 billion) in 2018, with a string of emerging sectors witnessing robust growth.

The industrial output of 11 emerging sectors including machin

ery, electronics, information and pharmaceuticals exceeded 100 billion yuan last year, he added.上海龙凤1314

With some of the nation’s leading equipment manufacturers based in the province, Hunan has c

上海龙凤1314品茶微信alled for accelerated efforts to make key areas of manufacturing more intelligent. One of t

he province’s major goals in near future is to become a strong manufacturing power.

By the end of 2018, a total of 27 enterprises in Changsha, capit上海龙凤1314

al of Hunan, had received recognition as national pilot models of intelligent man

ufacturing, the most among all provincial capitals, according to a local government work report.

上海龙凤1314品茶微信Such efforts have become a new driver of economic growth for the province. With a gross

domestic product of 3.64 trillion yuan last year, Hunan was ranked as one of the Top 10 regions in terms of GDP.

Major machinery equipment makers headquartered in the province also reported strong revenue growth. Sany Heavy In上海龙凤1314品茶微信

dustry predicted its net profit attributable to shareholders in the first half could reach between 6.5 billion yuan a

nd 7 billion yuan, which would be an increase of 92 percent to 107 percent year-on-year.

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