China’s economic reco狗亚APP入口夜网as the fastest and stea

diest since World War II compared with any other major country.

狗亚APP入口夜网New China faced many twists and turns in the first 30 years in rebuilding its economy. Even durin

g the 40 years of reform and opening-up, it has successfully weathered many a powerful s

torm including four major external crises: the debt crisis in the early 1980s, Western sanctions from the late 1980s to狗亚APP入口夜网女神会所

the early 1990s, the 1997-98 Asian financial crisis and the 2008 global financial crisis.

Centralized leadership adds to China’s advantages

狗亚APP入口夜网Admittedly, the Chinese economy has been facing a new type of challenge since the second half of 2018 because of the tr

ade war launched against it by the US. Yet the new challenge cannot be compared with the past external crises. Ev

en in the 1990s, at the height of Western sanctions, China was able to reverse the trade deficit that had u狗亚APP入口夜网女神会所

ndermined its economy for nearly 100 years since the First Sino-Japanese War (1894-95).

狗亚APP入口夜网Now, China has to deal with the fifth major external challenge: the US-instigated trade war. Notwithstanding the s

aber-rattling of some US politicians and the US administration’s desperate attempt to prevent the rise of Chinese hi

gh-tech companies, which reminds one of the Cold War, do those trying to force China to concede ground by applying “

狗亚APP入口夜网maximum pressure” really understand how China has weathered powerful storms in the past decades?

Without economic resilience and expertise in the high-tech sector, China would not have been able to close the

wide gap with the US in national strength. Perhaps this is why the US has labeled China as a major competitor.狗亚APP入口夜网女神会所

The domestic political infighting in the US unseen in decades is likely t

o intensify and create a bigger problem for the White House. By contrast, the

strengthened centralized leadership of China is well-positioned to deal with any challenges with greater efficiency. In this狗亚APP入口夜网

regard, the US hawks, who have turned a blind eye to China’s resilience, should look at China’s history and see how it has

overcome challenges, and stop resorting to “maximum pressure” to fulfill their narrow political goals.狗亚APP入口夜网女神会所

The author is a researcher at the Chinese Academy of International Trade and

Economic Cooperation. The views don’t necessarily represent those of China Daily.

www.chinacctm.cn

The US Treasury design狗亚APP入口千花坊 was seen by analysts a

?a new excuse for more protectionist measures.The Treasury move reeks of arbitrariness and unilater

狗亚APP入口千花坊alism, and will disrupt international trade rules and order as well as dampened investors’ confidence, experts said.

“By labeling China a currency manipulator, the US is in fact continuing its maximum-

pressure approach in trade talks,” said Liao Qun, chief economist of the China CITIC Bank International.狗亚APP入口千花坊女神会所

China and the US have been locked up in drawn-out trade disputes since last year.

On Monday, Chinese companies have halted purchases of US farm prod

狗亚APP入口千花坊uce after the US decided to impose additional 10-percent tariffs on $300 billion?worth of

Chinese imports, as the US move seriously violated the consensus reached by the two heads of state in Osaka.

NO INTENTION TO DEVALUATE CURRENCY

狗亚APP入口千花坊女神会所China has long been committed to keeping the yuan’s exchang

e rate basically stable at a reasonable and balanced level, the central bank said.

The Chinese currency is the strongest among the G20 and is one of the currencies that has seen substantial appreciation.

From the beginning of 2005 to June this year, the currency’s nominal e狗亚APP入口千花坊

xchange rate appreciated 38 percent and real exchange rate strengthened 47 percent.

Last month, the IMF found in its latest annual assessment that the renminbi exchange rate was broadly in line with fundamentals.狗亚APP入口千花坊女神会所

From the macro perspective, the yuan’s exchange rate is buoyed by the coun

try’s sound fundamentals, strong economic resilience, stable fiscal position, c狗亚APP入口千花坊

ontrollable financial risks, balanced cross-border capital movement and sufficient foreign exchange reserves.

China has no intention to gain trade advantages by devaluing its currency, as the yuan’

狗亚APP入口千花坊女神会所s depreciation cannot necessarily lift exports, said Song Xiangyan, an analyst with the PBOC.

A large devaluation probably leads to panic capital outflows and competitive currency devaluation of China’s trading par

tners, which will undermine the country’s financial stability and hurt imports, Song added.

China will be committed to the promises on exchange rates made at all G20 summit狗亚APP入口千花坊女神会所

s and abide by a market-determined exchange rate system, the PBOC governor Yi Gang said Monday.

Refusing competitive devaluation, the country will not resort to exchange r

ates in handling external uncertainties such as trade disputes, Yi said.

www.ttjjshq.com

The foreign securities f狗亚APP入口夜生活ally have a deeper and

d global perspective when it comes to more complicated businesses such as fixed income, currency and commodities. Th

狗亚APP入口夜生活eir operation mechanism has proved to be successful on a global scale. More important, their capability regarding risk m

anagement, if not applicable to all, is superior to most of the Chinese brokerages,” said Huang.狗亚APP入口夜生活女神会所

Industry insiders also said any worry that overseas brokerages will overtake their Chinese counterparts overnight would be unfounded.

Li Xunlei, chief economist at Zhongtai Securities, said domestic players still lacking the nec

狗亚APP入口夜生活essary tools and trading models 10 years ago. But now, although its size is still smaller in global terms, the C

hinese capital market is maturing amid intense competition, especially for initial public offerings.

“The presence of foreign brokerages will make the domestic capital market more co狗亚APP入口夜生活女神会所

ncentrated, facilitating the development of large companies,” he said.

Mohsine el Baghdadi always wanted to be an English teacher in China, considering such a job to be ideal.

狗亚APP入口夜生活A friend who taught English in China told the 27-year-old Moroccan that foreign teac

hers are in high demand, there are boundless opportunities and the jobs are well paid.

Baghdadi’s own experience confirmed this. Replies flooded in after he posted a message on Facebook, stating: “Hello fro狗亚APP入口夜生活女神会所

Morocco. I am an English-language teacher searching for a good job with a good salary in China.”

Many of the replies were job invitations from recruitment agencies, whi

狗亚APP入口夜生活le others came from language institutes. For the most part, they told Baghdadi that a

pplying for a job in China was straightforward. It was sufficient merely to submit a resume.

The salary also was tempting. Baghdadi teaches English in Morocco, where he is paid $500 a month. However, those who ap狗亚APP入口夜生活女神会所

proached him from China offered a monthly salary ranging from $1,500 to $2,500, with a bonus.

khlee.com.cn

iplomacy fosters more solid狗亚APP入口419 relationshipsdent Xi Ji

President Xi Jinping delivers a New Year speech to extend New Year greetings to a

狗亚APP入口419ll Chinese, and best wishes to friends all over the world, in Beijing, capital of China, Dec 3

In a world undergoing dramatic changes, China will remain confident and resolute in safeguard狗亚APP入口419品茶微信

ing its sovereignty and security, and maintain its sincerity and goodwill for safeguarding world peace an

狗亚APP入口419d promoting common prosperity, President Xi Jinping said in his 2019 New Year’s speech.

The declaration Xi made on the last day of 2018 is a footnote to his commitment to building a

better world for all with his insightful and pragmatic diplomatic endeavors, widely known as Xiplomacy.狗亚APP入口419品茶微信

Since the start of the year, Xi has made five overseas visits and attend

ed four multilateral gatherings in eight countries to forge broader consensuses and closer pa

狗亚APP入口419rtnerships for jointly building a community with a shared future for mankind.

BILATERAL COOPERATION BENEFITS MORE

On June 29, on the sidelines of the G20 Summit in Osaka, Japan, Xi’s meeting wit狗亚APP入口419品茶微信

h his US counterpart Donald Trump spurred optimism and lifted global markets.

In their face-to-face meeting, the two leaders agreed to jointly advance

狗亚APP入口419a China-US relationship featuring coordination, cooperation and stability, and to restart econo

mic and trade consultations, with the US agreeing at the meeting not to impose new tariffs on Chinese imports.

China and the US have highly integrated interests and extensive areas狗亚APP入口419品茶微信

of cooperation, and they should not fall into the traps of conflict and confrontation, Xi said.

狗亚APP入口419″They signaled the will to cooperate. This i very important and constru

ctive. The situation is indeed improved,” said Jeffrey Sachs, a senior United Nations advis

er and renowned economics professor at Columbia University, on the significance of the meeting.狗亚APP入口419品茶微信

Xi’s state visit to Russia in early June came as the two coun

tries are marking the 70th anniversary of the establishment of diplomatic ties.狗亚APP入口419

The Chinese leader, together with Russian President Vladimir Putin, upgraded bilat、狗亚APP入口419品茶微信

eral relations to a comprehensive strategic partnership of coordination for the new era.

bwdq.com.cn

The country should co 狗亚APP入口千花坊o promote coordinat

?development among the eastern, central and western regions to shrink the gap, and also sho

?狗亚APP入口千花坊女神会所uld balance the development between the northern and southern regions, the expert said.ed deve

A fourth prototype of China’s large passenger jet C919 c

ompleted its maiden flight at an airport in Shanghai on Thursday morning.

?狗亚APP入口千花坊The domestic jet took off at around 5:32 am from Shanghai Pu

dong International Airport, and the flight lasted around 1 hour and 25 minutes.

The fourth prototype is mainly undertaking tests covering the avionics syst?狗亚APP入口千花坊

em, taking-off and landing performance, automatic flight system and performance in icy conditions.

?狗亚APP入口千花坊女神会所So far, four C919 prototypes have completed their maiden flights, while two more prototypes are scheduled to have t

heir first flight later in the second half of 2019, according to the Commercial Aircraft Corporation of China.

Project will benefit industries such as logistics, materials and manufacturing

The State-owned space conglomerate China Aerospace Science and Technology Corp is working with the eastern coastal p?狗亚APP入口千花坊

rovince of Shandong to start construction of a port for sea-based space launches before the end of this year.

The Beijing-based space giant said on Tuesday that during a recent visit by Ling Wen, deputy governor of Shandong, to t

?狗亚APP入口千花坊女神会所he company’s headquarters, a strategic cooperation framework agreement was signed by the China Academy of Launch V

ehicle Technology, city government of Yantai, and Shenzhen-headquartered China International Marine Containers G

roup to jointly build an eastern coastal space port in Haiyang, a city administered by Yantai.?狗亚APP入口千花坊

The move aims to support future sea-based launches and boost the development of space-related businesses in Shandong.

?狗亚APP入口千花坊女神会所The project will make use of Yantai’s unique location, existing ha

rbors and local space research and marine engineering facilities. Upon completion, th

e port will consist of support facilities for sea-based space missions and four research and production centers for ca

rrier rockets, satellite equipment, sea-launch platforms as well as satellite data and applications.

euitdm.cn

hina is currently testing狗亚APP入口千花坊cross all major cities and

?provinces ahead of commercial launches next year and it is forecast that 28 per

狗亚APP入口千花坊女神会所cent of the country’s mobile connections will be running on 5G network

s by 2025, accounting for about a third of all 5G connections globally by this point, the report said.

China’s telecom operators are projected to invest more than 220 billion yuan on 5G equipment and the expenditure on 5G equip狗亚APP入口千花坊

ment by all industries is expected to surpass 54 billion yuan in 2020, according to a white paper on 5G’s eco

nomic and social impact by the China Academy of Information and Communications Technology (CAICT).

狗亚APP入口千花坊女神会所The information consumption driven by 5G commercialization in the country will exceed 8 trillion

yuan from 2020 to 2025, directly driving the total economic output to 10.6 trillion yuan, said Liu Duo,

president of the China Academy of Information and Communications Technology.狗亚APP入口千花坊

5G technology features high bandwidth, low delay and wide c

狗亚APP入口千花坊女神会所onnection characteristics, which make it a key infrastructure for the di

gital transformation of economy and society, said Yang Jie, chairman of China Mobile.

The deep integration of 5G technology with other technologies including cloud computing, big data, artificial狗亚APP入口千花坊女神会所

intelligence will truly realize the interconnection of everything, Yang added.

China Mobile will build 50,000 5G base stations nationwide in 2019, providing commercialized 5G services in over 50 cities

狗亚APP入口千花坊and the services will be provided in all cities at and above the prefectural level by 2020 , according to Yang.

China Telecom announced completion of commercial deployment of 5G in m

ore than 40 cities by the end of this year. China Unicom has launched the狗亚APP入口千花坊 女神会所

“7+33+n” 5G network deployment, which means continuous coverage in seven urban areas, hot sp

ots coverage in 33 cities and customized 5G network based on current one in n cities, the report said.

The first batch of 10,000 5G terminal devices has been delivered by mobile manufactures including Huaw狗亚APP入口千花坊女神会所

ei, OPPO, Vivo, ZTE, Xiaomi, OnePlus, Samsung and TCL at a price of several thousands.

ypfna.cn

Li Baochuan, an expert狗亚APP入口后花园t Hangzhou Norm

mal University, says Ne Zha shows the development of animation techniques in China and has reduced the gap with the world’s bes

狗亚APP入口后花园女神会所Cao Xiaohui, vice-president of the animation institute at the Beijing Film Acad

emy, says the success of?Ne Zha?shows that animated films inspired by Chinese mythology are a new trend.

狗亚APP入口后花园”In the past few years, most influential Chinese animated films were inspired by our own culture

, such as?Monkey King: Hero is Back,?Big Fish & Begonia?and?White Snake. Chinese theat

ergoers are more receptive to seeing such familiar stories being brought to life on the big screen,” says Cao.狗亚APP入口后花园女神会所

According to the distributors of?Ne Zha, the film will have English subtitles for overseas markets.

Chinese telecom giant Huawei’s sales revenue hit 401.3 billion yuan in the first half of this year, up 23.2 percent from same period last year, the company said Tuesday.

狗亚APP入口后花园女神会所Huawei’s smartphone shipments reached 118 million units, climbing 24 percent year-on-year.

The company has signed 50 commercial contracts for 5G, and delivered more than 150,000 base stations worldwide.

Moreover, it plans to invest 120 billion yuan in research and developm狗亚APP入口后花园

ent in 2019, said Liang Hua, chairman of Huawei, at Tuesday’s news conference.

Rainstorms caused the cancellation of 16 trains in Sichuan on Tuesday, accord

狗亚APP入口后花园ing to the China Railway Chengdu Group Co Ltd headquarters in Sichuan province.

The routes include trains running from Chengdu to Panzhihua and Xichan

g in Sichuan province, from Puxiong to Yangang in Sichuan, from Chengdu to Kunming in狗亚APP入口后花园女神会所

Sichuan’s neighboring Yunnan province, and from Kunming to Xining in Qinghai province.

Since Saturday, rainstorms have lashed many parts of Sichuan, causing landslides on railway tracks of the Chengdu-Kumning Railway.

狗亚APP入口后花园女神会所Twenty trains had to return or stop operation on Monday, said Xia

Yongjing, an information officer with China Railway Chengdu Group Co Ltd.

According to the Sichuan Flood Control and Drought Relief Headquarters, the rai

nstorms have impacted 24,000 people and resulted in the relocation of 2,500 in the province.

a3o5.cn

The protesters, with fa狗亚APP入口419论坛s, took cover from um

brellas held by their peers when dismantling metal railings from sidewalks to build their makeshift blocks to

狗亚APP入口419论坛fend off police’s dispersal attempts. Bricks on the pavements were pried and used as weapons to attack police, t

ogether with paint bombs, corrosive liquids, and metal marbles shot from crossbows.狗亚APP入口419论坛女神会所

The owner of a stationary shop in Sheung Wan, surnamed Lam, said the violence had grossly affected the business.

“I didn’t and wouldn’t dare to open the shop yesterday for the whole day,” Lam told China Daily.

狗亚APP入口419论坛Lam’s concerns and fears were shared by the owner of another dried seafood shop, surna

med Chan, on Wing Lok Street, which is famous for specialties of ancient Chinese tonic f狗亚APP入口419论坛女神会所

oods – mostly ginseng and bird’s nest – and adjacent to Hong Kong‘s iconic Dried Seafood Street.

“The weekly disruptive protests are unsettling,” Chan lamen

狗亚APP入口419论坛ted, hoping that the society could return to its peace and order as soon as possible.

The general offices of the Communist Party of China (CPC) Central Committee and t狗亚APP入口419论坛女神会所

he State Council have published a new guideline to deepen the reform of firefighting law enforcement.

狗亚APP入口419论坛China will comprehensively reform the supervision and management of fire control w

ork, step up management at the source, and prevent and defuse risks, according to the guideline.

Efforts will be made to further streamline administration and delegate powe狗亚APP入口419论坛

rs and resolutely remove various unreasonable barriers in firefighting supervision.

The document outlined 12 major tasks of reform in five areas.

狗亚APP入口419论坛女神会所Qualification licensing of firefighting technical service organizations will be canceled and restrictions on the market ac

cess of firefighting products will be eased amid efforts to improve the quality of supervision services.

In terms of enhancing supervision, firefighting violations shall be狗亚APP入口419论坛

registered in offenders’ credit records and enterprises with severe illegalities

狗亚APP入口419论坛女神会所and credit breaches shall be managed with a “blacklist” approach, according to the guideline.

The Internet of Things and big data will be used to enable real-time evaluation of fire risks and precise oversight.

ecimy.cn

anish Libertarians se狗亚APP入口后花园 PornhubWith the Dan

ish general election looming on 5 June, libertarian politician Joachim Olsen has found a cleve

狗亚APP入口后花园r way of winning his fellow Danes’ hearts and minds — by placing a campaign ad on Pornhub, a popular adult website.

Online banners by the Liberal Alliance seen by Pornhub users now feature the smiling 41-ye

ar old politician with the caption: “when you finish jacking off, vote for Jokke [affectionate for Joachim]!”狗亚APP入口后花园品茶微信

“We must be where the Danes are,” Joachim Olsen explained in an interview with the Danish daily Politiken.

Pornhub allows targeted ads based on the public’s interests. Olsen chose to place his ad in th

狗亚APP入口后花园e “soft” category, saying that he and his campaign “has tried to hit there, where Danes are the most”.

Olsen’s unorthodox campaigning has helped him bolster his profile, as his confes

sion gathered over 1,400 likes and tonnes of comments, positive and negative alike.

“Joachim, this is nothing less than brilliant!” one commenter wrote.狗亚APP入口后花园品茶微信

Even the Liberal Alliance’s political rivals appreciated the trick.

“The only thing that annoys me is that I wasn’t the first one to g

狗亚APP入口后花园et this done”, Anders Stjernholm of the green Alternative party admitted.

Others, however, were far less supportive. “Sick joke for people with a clownish attitude to democracy”, one person said.

41-year-old Joachim Olsen is a former world class shot putter. With ten狗亚APP入口后花园品茶微信

straight international finals, Olsen holds the longest string of appearances in finals at Oly

狗亚APP入口后花园mpic, World and European Championships among throwers. He was elected to the Danish Parliament in 2011.

At 7.5 percent of the vote, the libertarian Liberal Alliance is a junior party in狗亚APP入口后花园品茶微信

the government led by the conservative-liberal Venstre party. Its platform is ba

sed upon economic liberalism, tax cuts, and reduction of welfare programmes.

chenbenfu.cn

Phuntsok Yangdron 狗亚APP入口乌托邦an old photograph of her

?mother from 7 years ago at a local hospital in Naidong county, Shannan, Tibet autonomous regio

?狗亚APP入口乌托邦品茶微信n, on July 13, 2019. In 2012, she underwent heart surgery at Wuhan Asia Heart Hospital, which was a complete succ

Five-year-old Le Le and 18-month-old Meng Meng from the impoverished Jingyuan co?狗亚APP入口乌托邦

unty, Guyuan, Northwest China’s Ningxia Hui autonomous region, also benefitted from the hospital’s program.

In April of this year, the younger sister Meng Meng was diagnosed?狗亚APP入口乌托邦

with congenital heart disease in a medical examination organized by the hospital, afte

?狗亚APP入口乌托邦品茶微信r her elder sister Le Le received a similar diagnosis in a kindergarten physical check-up not long ago.

A congenital heart surgery usually costs around 25,000 ($3,638) to 40,000 yuan ($5,821), which placed a?狗亚APP入口乌托邦

tremendous amount of pressure on the family with six daughters, one working parent and over 60,000 yuan of debt.

?狗亚APP入口乌托邦品茶微信After learning about the family’s financial difficulties, the expert team helped th

e girls apply for a special fund, which covers more than 80,000 yuan of the total medical expenses.

In mid May, the two sisters went to Wuhan with more than a dozen chi?狗亚APP入口乌托邦品茶微信

ldren with congenital heart diseases in Ningxia Hui autonomous region. Tao and Wang Xia

o, deputy head of cardiothoracic surgery department, performed the surgery on the girls with success.

?狗亚APP入口乌托邦Tao said “it is not difficult to do good deed. What’s challenging is to kee

p doing them and encourage people around you to participate in these activities.” He hopes?狗亚APP入口乌托邦品茶微信

that Wuhan Asia Heart Hospital’s efforts will help cure more patients and make their dreams come true.

?狗亚APP入口乌托邦Medical programs organized by Wuhan Asia Heart Hospital have provided heart operations for 40,000 children and teenag

ers from a number of regions including Guizhou province, Ningxia Hui autonomous region and Tibet

autonomous region since its establishment. A total of over 9,600 junior conge?狗亚APP入口乌托邦品茶微信

nital heart disease patients who come from impoverished families have benefitted from free heart surgeries.

By the end of 2019, the hospital aims to see its 10,000th patient, whose life will be greatly improved by the heart surgery.

hzqianpad.com