in the first seven mon 上海龙凤1314Given the widenin

ing gap between increased spending and the slower expansion of income, some local governments, especially at the co

unty level, are facing fiscal pressure. But the central government will transfer more funds to local go 上海龙凤1314女神会所

vernments to ensure stable fiscal spending and further implement tax and fee cuts, the ministry said.

 上海龙凤1314By the end of July, local governments had issued 2.55 trillion yuan in new b

onds for the year, accounting for 82.8 percent of the annual quota of 3.08 trillion yuan.

A quota of 2.15 trillion yuan for local governments’ special bonds-mainly meant to s 上海龙凤1314

upport infrastructure projects-had been 65 percent used up by the end of July, the Ministry of Finance said.

Market speculation is that there will be additional bond quota space to bolster fiscal spending in coming months. But a seni 上海龙凤1314女神会所

or official at the Financial Department of the Ministry of Finance said in an interview this week: “It is unlik

 上海龙凤1314ely that the government will raise the quota for local government bonds, or for the special bonds.”

Local government special bonds are seen as an important measur

e to support infrastructure investment, and they also are not included in local 上海龙凤1314

budgeted debt. The annual quota was set by the Government Work Report in March.

About 1.55 trillion yuan in local government special bonds had been iss 上海龙凤1314女神会所

ued in the first half, the Ministry of Finance said. The remaining 600 billion yuan

issuance must be finished by September-a State Council requirement to speed financing for key projects.

China should have an expansionary and much stronger fiscal policy in order to inc 上海龙凤1314

rease public spending and prevent a further slowing of economic growth, said Yu Yo

ngding, a senior economist at the Chinese Academy of Social Sciences. Yu spoke at a recent forum.

The fiscal deficit ratio, which may surpass the government target of 2.8 per 上海龙凤1314女神会所

cent of GDP this year, should be compensated by issuing more central government

bonds, said Yu, who also suggested the central bank lower interest rates for the bond issuance.

sxyslm.cn

he behind-the-seque 上海楼凤tories of Dust to Dust

Before the symposium, Xi visited the grottoes and inspected the w

ork of cultural relics protection and research. During his visit, Xi spoke with tourists. 上海楼凤

Digging of the Mogao Grottoes began in 366. They symbolize the great achievement

 上海楼凤女神会所s of China’s Buddhist art from the fourth century to the 14th century. They also showcase the cultural int

egration and mutual learning among the diverse civilizations along the ancient Silk Road.

Fan Jinshi, an archaeologist who began working in Dunhuang in 1963 at the age of 25 and is now hon 上海楼凤

orary president of the Dun­huang Academy, said she attended the symposium and was excited at Xi’

s placing so much importance on the protection of cultural relics, China Central Television reported. 上海楼凤

Xi mentioned many times in his remarks the need to increase support for the protection o

 上海楼凤女神会所f cultural relics, Fan said, adding that he also suggested employing high technology in protecting cultural relics.

In a written instruction to a national meeting on cultural relics protection in April 2016, Xi called cultural relics “a val

uable legacy from our ancestors”, and stressed that conservation will benefit future generations. 上海楼凤

On Tuesday, Xi laid a floral basket at a monument in memory of the revolutionary martyrs of the West Route Ar

my of the Chinese Workers’ and Peasants’ Red Army in Gaotai county, and paid t 上海楼凤

ribute to those who sacrificed their lives in the battles against the Kuo­mintang from 1936 to 1937.

 上海楼凤女神会所He also visited Jiayu Pass, the first frontier fortress at the wes

t end of the Great Wall during the Ming Dynasty (1368-1644). He listened to an introd

uction of the Great Wall and the passes in Hexi Corridor, part of the ancient Silk Road.

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British choreographer上海楼凤 Bourne’s all-male cas

President Xi Jinping, also general secretary of the Communist Party of China Central Committee, visits J

iayu Pass, an ancient fortress at the west end of the Great Wall, on Tuesday during his inspection tour of Gansu prov上海楼凤

上海楼凤President Xi Jinping underlined the need to preserve the finer features of the nation’s c

ulture, and called for extensive interactions between Chinese and foreign cultures as the coun

try promotes inclusive international cooperation in the Belt and Road Initiative.上海楼凤品茶微信

Xi, also general secretary of the Communist Party of China Central Committee, made the comment at a sympos

ium attended by experts and scholars at the Dunhuang Academy in Dunhuang, home of the UNESCO World H

eritage Site Mogao Grottoes, during his inspection tour in Gansu province on Monday.上海楼凤

Xi learned from a local official of the production and performance of

上海楼凤major cultural shows like Silk Road, Flower Rain, a classical Chinese dance drama.

The president stressed the need to step up support in carrying forwar

上海楼凤品茶微信d and promoting China’s traditional culture to preserve “our quintessence”.

Saying that Dunhuang displays the Chinese nation’s confidence in its cu

lture, the president added that only a self-confident civilization can absorb and draw上海楼凤

on the achievements of other civilizations in an inclusive manner while maintaining its own features.

As the nation strives to rejuvenate its culture, it needs to be more inclusive to extensively develop cultural exchanges wit上海楼凤品茶微信

h other countries and actively draw on the outstanding achievements of civilizations around the world, Xi said.

He encouraged cultural experts to tell the stories of Dunhuang and spread the voice of China to上海楼凤

the rest of the world in an effort to promote international cooperation on the BRI.

Dunhuang, an oasis located at a religious and cultural crossroads on the Silk上海楼凤品茶微信

Road, boasts more than 2,000 sculptures and 45,000 square meters of murals in 735 cliff caves.

shlf21.com

The Hong Kong Gene上海后花园r of Commerce, estab

ablished in 1861, is the oldest business organization in Hong Kong. Its views represent one-third the workforce in Hong

Kong, and over half of the blue chip companies on the Hong Kong Stock Exchange and the wider business commu上海后花园女神会所

nity.Huawei Technologies Co said it opposed Washington’s decision to add another 46 of its affiliates to an export black

上海后花园list and called on the US government to put an end to unjust treatment to the company.

“It’s clear that this decision, made at this particular time, is politically motivated and has

nothing to do with national security. These actions violate the basic principles of free market competition. The上海后花园女神会所

y are in no one’s interests, including US companies,” Huawei said in a statement.

The comments came after the US Department of Commerce said on Mon

day that it is adding 46 Huawei affiliates to the Entity List, raising the total num上海后花园

ber to more than 100 Huawei entities that are covered by the restrictions. Companies put on the Entity Lis

t are banned from buying US technology without special government approval.

“Attempts to suppress Huawei’s business won’t help the US achieve technological leadership. We call on the US gover上海后花园女神会所

nment to put an end to this unjust treatment and remove Huawei from the Entity List,” the company added.

Washington at first put Huawei on the Entity List in May, banning it from buyin

上海后花园g US technology without special government approval. Later, the US government gave Huawei a temporary lic

ense to purchase some US-made goods to reduce disruptions for its customers until Monday.

The US government also said on Monday that it will give Huawei another 90 days to上海后花园女神会所

buy from American suppliers. The move, an extension of the license through mid-Nove

mber, is expected to allow the Chinese tech giant to serve its existing telecom customers and smartphone users.

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They are all these s 上海后花园 colluding with fore

eign forces and violating the Anti-Secession Law and the National Security La

w, as sufficient evidence has been uncovered by various parties exposing the close r 上海后花园

elations between their scholarship and honors with branches of the US government in Hong Kong.

 上海后花园女神会所Given the heavy losses caused by the violence Nathan Law and his accomplices have incited, a tacit u

nderstanding seems to be forming again between the rioters and the law enforcement department of Hong K

ong that the past will be left in the past. As long as the city can regain its order, all misdeeds will be forgiven. 上海后花园

The Basic Law and the Constitution have been seriously violated and challeng

ed in the past 10 weeks, and the city has paid a heavy price for the chaos. If all the wr

 上海后花园女神会所ongdoers are let off the hook, the rule of law in Hong Kong will only be challenged again.

And the next time when Hong Kong falls into disorder, which is almost predictable as it has achieved nothing de

finite again this time so far, any outcry to stop violence will only be a new round of the-wolf-is-coming game. 上海后花园

The global sales volume of new energy vehicles reached 1.12 million in the first half of 2019

, up 47.4 percent year-on-year, according to EVSales, a US website that tracks sales of new energy vehicles. 上海后花园女神会所

As per the website, Tesla took the first spot with sales vol

ume of 160,000, accounting for 14 percent of the total global volume. Chinese carmakers BYD, B

JEV and SAIC ranked the second, third and fourth, respectively, with total sale volume of 270,000, accounting for one-fo 上海后花园

urth of global volume in the first half of 2019. The Geely Automobile Group took the seventh

rank with sales volume of 47,000 and the JAC Motors ranked 10 with sales volume of 32,000 上海后花园.女神会所

With respect to specific models, Tesla’s Model 3 sold 127,000 in the first half of the year, taking the first place comfor

tably, followed by BJEV’s EU series with sales volume of 50,000 and BYD’s Yuan, 43,400. 上海后花园

According to the statistics, sales of new energy vehicles grabbed 2.4 percent of the t

 上海后花园女神会所otal auto sales around the world, rising by 0.8 percent year-on-year. Analysts say t

he sales of new energy cars still have room to grow against the background of a declining automobile market

daochuwan.cn

What’s happening i上海419world next week

Russian President Vladimir Putin shakes hands with French President Emmanuel M

acron during a meeting on the sidelines of the G20 summit in Osaka, Japan, on June 2上海419品茶微信

Putin will visit France, Finland; the G7 Summit will be held in France; the Italian Senate will

debate a no-confidence motion in government; the president of Romania will meet his US counterpart.上海419

These are the international events under the spotlight for the week starting August 19.

上海419品茶微信Russian President Vladimir Putin will visit France on Aug 1

9 to discuss with his French counterpart, Emmanuel Macron, bilateral partnership.

During the one-day working visit, the leaders will also ta上海419

lk about Ukraine and discuss prospects for work within the Normandy Four.

The Normandy Four consists of Russian, Ukrainian, French a

上海419品茶微信nd German senior representatives and aims to resolve the Ukrainian crisis.

On Aug 21, Putin will also pay a working visit to Finland at the invitation of Finnish President Sauli Niinisto.

Besides bilateral cooperation, the leaders will discus

s international and regional issues, including Russia’s relations with th上海419品茶微信

e European Union in the context of Finland’s current presidency of the EU Council.

Leaders of the G7 group of industrialized nations gather in Biarritz for their 45th summit on August 24-26.

French President Emmanuel Macron will play host to the heads of state and governme上海419

nt of Canada, Germany, Italy, Japan, the United Kingdom and the United States.

Under its presidency of the G7, France has set a number of goals and priorities tha

上海419品茶微信t will be addressed at the summit, including the fight against security threats and terro

rism, protection of the planet through climate finance and the promotion of gender equality.

qinhuaili.cn

and HE SHUSI in Hong 上海419 in Beijingol the dep

Radicals breached ‘bottom line’ of law, spokeswoman says

Two organizations of the central government expressed strong indignation and condemnation on Wednesd上海419

ay over violent acts targeting mainland residents at Hong Kong International Airport on Tuesday.

Meanwhile, the airport resumed operations on Wednesday after the High Court in the Hong Kong上海419品茶微信

Special Administrative Region issued an interim injunction banning unlawful obstruction of airport operations.

上海419The order, requested by Airport Authority Hong Kong, prohibits

any person from unlawfully and willfully obstructing and interfering with ope

rations at the airport, according to a statement issued by the authority on Wednesday morning.

The Liaison Office of the Central People’s Government in the Hong Kong Special Administrativ上海419品茶微信

e Region and the State Council’s Hong Kong and Macao Affairs Office responded to the violence at the airport.

Two mainland residents were illegally detained and beaten on Tuesday night by radical protesters who occupied and crip上海419

led the airport. The two are a Global Times reporter and a Shenzhen resident who was accused of being an undercover pol

ice officer from the mainland. After the assault, the two were taken to local hospitals for medical treatment.上海419品茶微信

“The atrocity has totally gone beyond the bottom line of a civilized society,

which is no different from terrorists’ acts,” the Liaison Office statement said.

The office pointed out that the protesters’ acts, including paralyzing operations of the airport and harassing passengers of var上海419

ious nationalities and ages, severely hurt others’ rights and damaged Hong Kong’s international reputation.

“This time the protesters have torn down their deceptive masks of ‘peace, rationality and nonviolence'”, the statement said.上海419品茶微信

The liaison office pledged that it will continue to stand behind relevant authoritie

s to safeguard the personal safety and legitimate rights of mainland residents in Hong Kong.

www.happla.cn

Sargent said this highli上海千花网ilience and vitality

 of the Chinese economy and effectively promoted the country’s long-term stable development.

The Nielsen report also found consumers’ personal financial situation and willingness to spend have been robust.上海千花网

In Q2, the sub-index for personal finance increased from 70 in Q1 to 71, hitting a historical high, and local j

上海千花网品茶微信ob prospects and willingness to spend came in at 77 and 61 respectively, the report said.

Sargent said the Chinese government’s efforts to further cut tax an

d lower fees have reduced the cost of enterprises and enhanced their vitality.上海千花网

The consumer trend index for different regions in China remained stable, reaching 124 in the eastern region while the

northern and southern regions achieved steady growth in the past three quarters, the report showed.上海千花网品茶微信

In addition, indices for first, second and third-tier cities all have increased steadily in the past four quarters, part

icularly in the past six months, driven by better personal finance and rising willingness to spend, the report said.

“In the first half of this year, people’s livelihood indicators such as employmen上海千花网

t, costs and income all performed well. Among them, prices were basically stable, and the supply and de

mand of the whole market balanced, boosting residents’ willingness to spend,” Sargent analyzed.

He said the consumption structure of residents was further improved by a change in consumption concept and m上海千花网品茶微信

ode, which gradually released the potential of service consumption demand.

The report also showed 68 percent of Chinese consumers prefer domestic brands, and even for the 62 percent of co

nsumers who would buy foreign brands, domestic brands are still their first choice.上海千花网品茶微信

Cost performance is the main reason why consumers choose domest

ic products, but for them, quality also weighs in higher than price.

settlementcloud.org

British adventurer com上海龙凤earlong Yangtze walk

A British explorer is claiming to be the first person to walk the length of the Yangtze River in China after enduring fr

eezing temperatures, blistering heat, and altitudes of more than 5,000 meters during his epic trek.上海龙凤品茶微信

Ash Dykes, from Old Colwyn in North Wales, finished the 6,437-kilometer jo

上海龙凤urney on Monday after he was delayed by a couple of days because of Typhoon Lekima.

The 28-year-old said he felt great after crossing the finish line in

Shanghai, where he was greeted by family, media, and Chinese supporters.上海龙凤品茶微信

“As soon as I was on the final stretch, people started to join and we sort of ran to the finish and popped the champagne,” Dykes said.

The expedition took two years to plan and 352 days to complete.

At the start of the trek, the source of the Yangtze River was difficult to上海龙凤

reach and four members of his team left the expedition before it began because of al

titude sickness. There were also fears over the possibility of bear and wolf attacks.

“One day, I was told by locals that a woman was killed by a pack of上海龙凤品茶微信

wolves and for the next two days we were followed by a pack of wolves, so that was very int

imidating,” Dykes said. “We thought bears would leave us alone but the locals told us otherwise … so we would try and shel上海龙凤

ter with the locals or, if I was in my tent, I wouldn’t get food out. We had to stay alert and focus.”

He said he wanted to use his journey to highlight conservation projects by partne上海龙凤品茶微信

ring with the World Wide Fund for Nature, Green Development Foundation, and Water to Go.

xxxct.cn

new foreign-funded 上海千花坊es were started, the m

With industrial and consumption upgrades, investment in hig

h-tech industries climbed 43.1 percent year-on-year — 29.3 percent of the total FDI — am上海千花坊女神会所

ong which the high-tech service sector gained 97.4 billion yuan in FDI, up 63.2 percent.

上海千花坊Zhang Xiaofan, a partner at Deloitte’s global Chinese services group, said trade tensions between China and the United Sta

tes will not force any country or region to replace China’s position as a key player in the global supply chain.

Because of its members’ different cultures, currencies and po上海千花坊

litical systems, the Association of Southeast Asian Nations cannot match China’s size as a

huge consumption market. Neither can ASEAN members muster as many policy and institutional advantages as Chin

a to fine tune economic structures and fend off potential financial risks, Zhang said.上海千花坊女神会所

China also has a well-developed infrastructure to support the real economy, Zhang added.

Attracted by China’s consumer market driven by an expanding middle-income group

上海千花坊女神会所and fast developing information technology, foreign investment from Germany and the Republic of Korea surg

ed in the first seven months, posting growth rates of 72.4 percent and 69.7 percent year-on-year, respectively.

FDI from the European Union rose 18.3 percent year-on-year, while

FDI from countries participating in the Belt and Road Initiative grew by 5 percent.上海千花坊女神会所

Joerg Wuttke, president of the European Union Chamber of Commerce

in China, said that to prevent risks caused by unilateral actions, China and the Eur上海千花坊

opean Union should further efforts to reach the EU-China comprehensive agreement on invest

ment by 2020, perhaps eyeing a new free trade agreement soon after that.

cn-yongan.com