that the monetary authority needs to keep the RMB stable, as well as advance the count ry’s exchange rate reform to reflect the actual demand and supply of RMB in the market. The central bank’s data is largely in line with the market’s expectations, said Ming Ming, a上海后花园品茶微信 n economist with CITIC Securities. “In terms of future monetary policy, the central bank’s move will be infl 上海后花园uenced by multiple factors. It is likely to maintain a neutral stand and we should not expect substantial monetary easing.” Shen Jianguang, vice-president and chief economist at JD Digits, said moderate inflation in China will leave more room forRead More →

n among the 500 companies, the figure hitting 45.6 percent, and its revenue and profit are 77.2 billion yuan and 35.3 billion yuan. This year, the ranking has 42 newcomers or re-listed companies. Xiaomi Corporation上海后花园 makes its debut with 174.92 billion yuan in revenue and 13.55 billion yuan in profits to take 53th spot. 上海后花园女神会所The citizen card of a missing girl taken away by two tenants in her home at Hangzhou was found along the Xiang shan coastline in Ningbo by search and rescue staff on Wednesday night, Qianjiang Evening News reported. Hundreds of people including Xiangshan police and civilian rescue teams have taken partRead More →

n hands with auth上海后花园品茶微信orities that oversee the relevant industries, local governments, r esearch institutes and NGOs to promote the work and establish monitoring standards and method systems,” Jiang said. An action plan will be drafted and, in the following two to three years, the ministry will cooperate with major participants in the oil exploration, refining and retailing sectors to draft efficient policies and measures, he said. He also said joint campaigns with major coal producing regions will be launched to reduce emissi ons in coal mining. The emissions in agriculture and solid waste disposal sectors will also be targeted. According to Xu Huaqing, director-general ofRead More →

hina’s first box-o上海后花园女神会所 ffice decline in eight years has prompted b rainstorming among industry insiders at an ongoing movie festival, Xu Fan reports. China’s January-to-May box-office revenue has declined for the first time since 2011. This cause for concern among industry insiders has become a ma jor topic of discussion at the ongoing 22nd Shanghai International Film Festival. Statistics from the country’s top film regulator show that China’s 64,510 screens had grosse d 27 billion yuan ($3.9 billion) as of May 31, down 5.1 percent year-on-year, according to China Film News. A report from box-office tracker Maoyan released during the fes tival says the declineRead More →

also stressed the i上海后花园品茶微信mportance of inclusiveness and mutual learning among different civilizations. SCO nations should cherish their colorful civilizations, reject conflicts among them and uphold openness, inclusiveness and mutual learning to inject an impetus for friendship and common development of the people of all countries, Xi said. Xi also proposed deepening people-to-people exchanges and enha ncing cooperation in areas including culture, education, tourism, sports and media. Member states’ leaders signed the Bishkek Declaration of the Council of Heads of Sta te of the Shanghai Cooperation Organization and issued a communique on the summit. It was agreed that the next summit of the organization will beRead More →

siness startups and innovation-oriented companies, and exercise accommodating and prudent r egulation. We need to promote the integrated development of companies of different sizes,” Li said. The Internet Plus model will be upgraded. Efforts will be m ade to accelerate the development of industrial internet and promote broader ap plication of the Internet Plus model in medical care, elderly care, education and other social sectors. A higher ratio of nonperforming loans to micro and small firms will be allowed. The NPL ratio of such loans will be relaxed to no more than 3 percentage points higher than the overall NPL ratio fr om the currentRead More →

At least four deaths have been blamed on crowding during the climbs, Agence France-Presse reported. People should be well prepared to handle Qomolangma’s traffic jams which are common phenomena along climbing paths, said alpinists who had reached the summit. “Although the news about the jam on Qomolangma this year has gone viral, people should understand that it happens every year during the brief cl imbing window. Knowing what to do when climbers jam the narrow paths should be incl uded in their training well in advance,” said Ma Liyamu, who reached the top of Qomolangma, the world’s ta llest mountain at 8,848 meters, on MayRead More →

would have likely been fine, but with minimal support, once something goes wrong it’s tough to get back on course,” Madison told Reuters. Mount Everest can also be climbed from Tibet and casualties have been reported from there this season too.  China overwhelmed Japan 3-0 to win the record 11th title of the Sudirman Cup here Sunday afternoon. Li Junhui and Liu Yuchen, the World Championships 2018 winners, awarded China th e opening point in the men,s doubles by beating Hiroyuki Endo and Yuta Watanabe 21-18, 21-10 in 54 minutes. Then, the 3rd-ranked Chen Yufei rallied from one game down to turn the t ideRead More →

hina rolled off the production line a prototype magnetic-levitation train with a designed maxim um speed of 600 kilometers per hour in Qingdao on Thursday, filling the gap in travel speed bet ween aviation and high-speed rail passenger transport in the country, according to its manufacturer. Launched in July 2016, the train is designed and manufactured in CRRC Qingdao Sifan g Co Ltd in the eastern coastal city of Qingdao, Shandong province. The company is a wholly owned su bsidiary of Beijing-headquartered China Railway Rolling Stock Corp, the largest rolling stock manufacturer in the world. The debut of the country’s first high-speed maglev train testingRead More →

growth targets, based on excessively low estimates of potential growth, lead to lower actual growth. Fo r an economy the size of China’s, a difference of even 1 percentage point has a huge impact on welfare. Many economists would counter that a conservative growth target is useful-or even necessary-to create space for struct ural adjustment. But this claim is unconvincing. Reducing China’s excessive reliance on investment in real es tate-one of the economy’s most serious structural problems-does not necessarily require a reduction in FAI gro wth, let alone GDP growth. Nor is slower GDP growth a prerequisite for improving financial stability. China must pursue asRead More →