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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.

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The GDP of Chongqi上海千花网d Tianjin municipaliti

ties for the first time surpassed 1 trillion yuan in the half y

ear period, hitting 1.03 trillion yuan and 1.04 trillion yuan, respectively.上海千花网

In 2018, a total of 16 cities achieved a whole-year GDP of more than 1 trillion yuan. Fos

上海千花网女神会所han in Guangdong province and Jinan in Shandong province are expected to join the 1 trillion yuan GDP club this ye

ar, with their GDP reaching 479.52 billion yuan and 479.17 billion yuan in H1, respectively.

Fifteen of the top 100 cities are from East China’s Shandong province, the most among all provincial-level regions. F上海千花网

ollowing it, Jiangsu, Guangdong and Zhejiang provinces have 13, 11 and 8 cities on the list, respectively.

Similar to the same period last year, no cities from Hainan, Qinghai provinces, Ni上海千花网女神会所

ngxia Hui autonomous region, or Tibet autonomous region are on the top 100 list.

China’s central and western cities are leading on GDP growth in H1. More than two-thirds of the 280 cities that have dis上海千花网

closed economic growth outperformed the national GDP growth rate of 6.3 percent in H1 and they are m

ainly from Yunnan, Guizhou, Anhui provinces and Guangxi Zhuang autonomous region.

Among the 13 cities whose real GDP growth rate surpassed 10 percent上海千花网女神会所

in H1, all except Fujian province’s Ningde come from the central and western regions.

Southwest China’s Yunan province, posting t上海千花网he strongest GDP growth in H1 amon

g 31 provincial-level regions, has seven cities registering a GDP growth of 10 percent or above.

The report collected statistics released by 282 cities that have published上海千花网女神会所

their economic semi-annual reports as of Monday. Hong Kong and Macao special ad

ministrative regions and Taiwan were not involved in the statistical analysis.

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Jaishankar assured W上海乌托邦at New Delhi wants

s to improve ties with Islamabad, and is willing to main

tain restraint and safeguard regional peace and stability.

Jaishankar added that h上海乌托邦品茶微信is country stands ready to properl

y resolve the China-India border question through consultation and

will honor the consensus that the two nations have reached on promoting tranquillity in the area.

上海乌托邦品茶微信New Delhi is looking forward to the second informal meeting between President Xi Ji

nping and Indian Prime Minister Narendra Modi, to be held in India later this year, Jaishankar said. The fi上海乌托邦

rst such meeting between the two leaders took place in April 2018 in Wuhan, Hubei province.

During their talks, Wang and Jaishankar agreed China and India would expand pragmatic上海乌托邦

cooperation in such areas as trade, investment and tourism and strengthen exchanges on defense issues.

上海乌托邦品茶微信Foreign direct investment (FDI) into the Chinese mainland expanded 7.3 percent year-o

n-year to 533.14 billion yuan in the January-July period, the Ministry of Commerce announced Tuesday.

In US dollar terms, FDI inflow grew 3.6 percent year on year to $78.8 billion during the period, the ministry said.上海乌托邦

FDI in July alone reached 54.82 billion yuan, up 8.7 percent year-on-year.

During the past seven months, a total of 24,050 new foreign-funded enterprises were founded.上海乌托邦品茶微信

Investment in high-tech industries climbed 43.1 percent year-on-year to account for 29.3 percent of the total FDI, a

mong which the high-tech service sector received 97.39 billion yuan, up 63.2 percent.

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He said Macao would 上海千花网evelopment of a wor

rld center of tourism and leisure, and the building of a service platform for trade cooperation betwee

n China and Portuguese-speaking countries as basis, to promote an appropriate, diversified a上海千花网女神会所

nd rational layout of the industrial structure, and to realize the sustainable long-term development.

上海千花网If elected, Ho said that he will accelerate the public housing program, and address the housing ne

eds of residents with different incomes, especially of the “sandwich class” who are neither eligible

to apply for public rental housing nor able to afford private housing, and young people.上海千花网女神会所

Ho also said he will improve the comprehensive quality and competitiveness of young people, impl

上海千花网ement active policies on youth employment and entrepreneurship, and actively encourage young people to pa

rticipate in the development of the Guangdong-Hong Kong-Macao Greater Bay Area.

After the elaboration of his political platform, he also responded to上海千花网女神会所

the questions of some members of the chief executive election committee, concerning h

上海千花网ousing, education, employment, environment protection and gaming industry.

The two-week promotion period of election campaign started from Sa

turday. Ho’s campaign office will organize over 40 public activities during this period.上海千花网女神会所

olice in Southwest China’s Yunnan province have seized a total of 114.9 kilogra

上海千花网ms of drugs and captured 18 suspects in five recent cases, local authorities said Saturday.

On July 22, police on the China-Myanmar border city of Lincang busted two cases after receiving tip-offs about drug traf

ficking, with 32.67 kg of methamphetamine seized and seven suspects caught.上海千花网女神会所

A drug gang was busted in the city’s Gengma County on July 29, during which police found 23

.26 kg of methamphetamine from backpacks carried by three drug dealers nabbed on the spot.

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n global commodity tr上海419论坛ccelerating the renmin

renminbi internationalization, to reduce reliance on the dollar.Foreign

Ministry spokeswoman Hua Chunying on Saturday urged the United Kingdom to im上海419论坛

mediately stop interfering in China’s internal affairs and stop making random and inflammatory accusations on Hong Kong.

“It is simply wrong for the British government to directly call Hong Kong’s Chief Executive to exert pressure,” Hua said in an online statement.上海419论坛

Hong Kong today is a special administrative region of the People’s Republic o

f China, long gone are the days when it was under British colonial rule, the spokeswoman added.

Noting the UK has no sovereignty, jurisdiction or right of supervision over Hong Kong, Hua said that上海419论坛女神会所

affairs of Hong Kong brook no foreign interference.

According to the Basic Law, the central government shal

l上海419论坛 be responsible for the foreign affairs relating to the Hong Kong SAR, she added.

Echoing Chen’s view, Zhou Xiaochuan, chairman of the China Institute of Finance an

d former central bank governor, said at the CF40 forum on Saturday that China may have to take co上海419论坛女神会所

untermeasures in face of any tariff or non-tariff barriers imposed against the country.

According to IMF’s press release on Friday, the IMF Executive Directors concur上海419论坛

red that greater exchange rate flexibility and deeper and better functioning foreign exchange markets w

ould help China’s financial system be more capable of dealing with capital flow volatility.

上海419论坛女神会所”At about US$3.2 trillion, China’s foreign currency reserves remain more than adeq

uate to allow a continued transition to a floating exchange rate,” the IMF report said.

Yu from the CASS agreed, and he suggested that the Chinese monetary authority c上海419论坛女神会所

ontinue the foreign exchange reform, towards a more flexible and market-oriented regime.

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Human talents, smart上海会所operations and adequ

uate financing – all these must combine to build credible architecture brand names.

上海会所品茶微信Thanks to a booming economy and the massive urbanization drive, modern edifices are rising across Chinese cities.

According to Wu Chen, the China Zun architect who returned from the UK to lead the Beijing Institut

上海会所e of Architectural Design (BIAD), Chinese cities must not become an experimental field for foreign architects.

Let’s hope young Chinese talents will rise to fully unleash their potential and meet the dema

nds of rising Chinese cities, while enjoying institutional backing to compete against international big names.上海会所品茶微信

The author is a Beijing-based consultant working on international d

上海会所evelopment issues, covering public health, clean energy and poverty reduction.

The opinions expressed here are those of the writer and do not represent the views of China Daily and China Daily website.

The Supreme People’s Court issued a guideline on Friday to clarify and regulate death sentence review and e上海会所品茶微信

xecution procedures to better protect the rights and interests of people on death row.

The guideline, with 13 articles, will take effect on Sept 1. It states that criminals close to execution can meet not only their c

上海会所lose family members such as spouses and children, but also other relatives or friends subject to reason.

Courts should inform those on death row that they have the right to such a meet上海会所品茶微信

ing. If the people inmates wish to see refuse the meeting, courts must also tell the defendants, it said.

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China rejects US ‘thug上海419论坛ime’ description

On Friday the Foreign Ministry rejected the United States’ labeling China as “a thuggish regime”, saying Washington has confo

unded right with wrong in an attempt to conceal the fact it interferes in China’s domestic affairs上海419论坛

The spokesperson of the US State Department was astonished to claim the job of American diplomats was to meddle with t

上海419论坛品茶微信he domestic affairs of other countries, the ministry spokeswoman Hua Chunying said in a statement.

“Can the world be at peace with the way the US operates?” Hua asked in the statement.

Hua’s comments came as US State Department spokeswoman Morgan Ortagus on Thursday called China a “thuggish regime” for disclosing pho上海419论坛品茶微信

tographs and personal details of a US diplomat who met with major leaders of the “Hong Kong Independence” activist groups.

The US State Department spokesperson should look at her own words and behaviors instead of using media reports to hit

上海419论坛out at the government of another country, Hua said, adding US interference in Hong Kong affairs has arous

ed resolute opposition and strong indignation from the Chinese people, including Hong Kong compatriots.

She urged the US side to observe international law and basic norms governing intern上海419论坛

ational relations, and stop meddling in Hong Kong affairs and interfering in China’s domestic affairs.

上海419论坛品茶微信The Office of the Commissioner of the Ministry of Foreign Affairs in the H

ong Kong Special Administrative Region also said on its website that the labeling is a b

latant slander against China, which has confounded right with wrong and again exposed US gangster logic and hegemonic thinking.上海419论坛

The spokesperson said that instead of repenting of and stopping its arb

上海419论坛品茶微信itrary interference in Hong Kong affairs, which are China’s domestic affairs, the US side

has made venomous and unfounded allegations against the Chinese government

for the leak of the information. It perceives China with malice, which again reveals its dark mentality.

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It will be harder now in 上海419论坛next difficult financial

moment for Treasury Department pronouncements to be credited by

上海419论坛女神会所market participants. Having seen the United States label China a manipulator, the worl

d will wonder whether and how the United States will get China to change its exchange-rate policies,” Summers wrote.

“If Chinese policies do not change, we will have only demonstrated our impotence to China and the world. Why is that desirable?”上海419论坛

He ended the article by saying: “There is a final problem with the Trea

sury Department’s manipulation claims. … We have only limited capacity to shape Ch

上海419论坛女神会所inese behavior. Should we not focus on areas where our position is clearly right and the stakes are high rather than areas w

here our claims are dubious and prosecuting them damages our economy?”

Summers served as treasury secretary in the administration of presiden上海419论坛

t Bill Clinton and as an economic adviser to former president Barack Obama.

Daniel Ikenson, director of the Cato Institute’s Center for Trade Policy Studies in Washington, said on social m

上海419论坛edia: “The Chinese did not devalue their currency. The yuan has been depreciating because of the tariffs and it is n

o longer tenable for China to continue to prop up the yuan. There is no manipulation.”

Last week, Trump said he would impose a 10 percent tariff on an additional $300 billion of Chinese goods starting from Sept 1.上海419论坛女神会所

In response, the yuan fell to a low of just beyond 7-to-1 against the US dollar on Monday. Allowing the yuan to fall red

uces the relative price for Chinese imports and makes US products comparatively more expensive.

上海419论坛Trump called the action “currency manipulation” and an attempt t

o steal US jobs and depress wages. The Treasury Department designated China a currency m

anipulator, but the US can’t seek formal penalties until it attempts to strike a deal with China.上海419论坛女神会所

The major stock indexes-the Dow Jones Industrial Average, the Nasdaq c

omposite and the S&P 500-closed up more than 1 percent each on Tuesday. Afte

r Monday’s sell-off, the biggest of the year, Tuesday’s rebound of 312 points put the Dow at 26,023.

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availing themselves o上海夜生活ibilities in WTO rules

Worse, it threatened to take unilateral measures against such countr

上海夜生活品茶微信ies if substantial progress was not made at the World Trade Organization within 90 days.

From bilateral to multilateral forums, the US has been using ever

上海夜生活y platform to put “maximum pressure” on China in the hope that it would cave in.

Yet, has its approach worked?It’s evident to all, especially market players, that the increasing

ly dirty pressure tactics used by the US have not caused any visible damage to China’s real e上海夜生活品茶微信

conomy, including industrial production. Instead, the US leader’s decision to impose additional tariffs on m

ore Chinese goods caused Wall Street to dive into the red with stock indexes sliding on Thursday.上海夜生活

Also, the US is vulnerable to suffering greater damage if there is t

urmoil in the financial sector since the US economy depends more heavily on it than China.

上海夜生活品茶微信United States overvalues its economic strength

The US economy, despite registering 120 months of continuous growth i

n June, faces increasing threat of recession. Could anything other than waning co上海夜生活

nfidence in the economy have prompted the US Federal Reserve to sharply cut interest rates?

More importantly, the US should learn something from China. From being an impoverished and backward agricultural c

上海夜生活品茶微信ountry in the past, China has become the world’s biggest manufacturer and exporter, and second-largest economy.

As early as 2013, it accounted for one-third of the global equipment manufacturing-and its exports were one a

nd a half times that of the US and Germany, and three times that of Japan in 2017-in less than 70 years.上海夜生活

China has also overcome numerous setbacks and major external shocks, any of whic

h could have left many an economy tottering. Indeed, China has performed an economic miracle.

Resilient China has weathered many storms上海夜生活品茶微信

China’s industrialization started in the 1949-52 period when it was struggling to recover from the

war of liberation and largely lagged behind even its neighbor India. Over the past 70 years, China has not on

ly become an economic powerhouse but also a military power. Despite that, it has not been involved in any la上海夜生活品茶微信

rge-scale foreign war or faced internal strife, and instead concentrated on industrializing the country.

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David French, senior vice上海后花园government re

 relations at the National Retail Federation, a leading opponen

上海后花园t of tariffs in the US, said tariffs imposed over the past year haven’t worked, and there is no evid

ence the equivalent of another tax increase on US businesses and consumers will yield new results.

“We are disappointed the administration is doubling-down on a flawed tariff strategy that上海后花园女神会所

is already slowing US economic growth, creating uncertainty and discouraging investment,” French sa

id, adding that additional tariffs “will only threaten US jobs and raise costs for American families on everyday goods”.

上海后花园”Although the result of Sino-US trade talks and its impact on China’s economy is not entirely predictable at this stage, in gene

ral we are positive about China’s commitment to its opening-up policy and are optimistic about China’s economy and b

usiness environment,” said Eric Liu, managing partner of Shanghai-based Zhao Sheng Law Firm.上海后花园女神会所

hina’s financial services sector is seeing acceleration of opening-up, which will likely attr

act big names in the global securities industry, gradually reshaping the local securities landscape, experts said.

上海后花园During the 2019 World Economic Forum’s Annual Meeting of the New Champ

ions in Dalian, also known as the Summer Davos Forum, Premier Li Keqiang said that China will allow full foreign o

wnership of securities firms, futures business and life insurance companies by 2020.上海后花园女神会所

With that, the limit on foreign ownership in the financial services sector wi

ll be lifted one year in advance, compared to the former plan announced in mid-2018.

上海后花园In late March, the China Securities Regulatory Commission approved the establishment of JP

Morgan Securities (China) Co Ltd and Nomura Orient International Securities Co Ltd, which are joint-ve

nture securities firms with the foreign company taking the controlling 51-percent sta上海后花园女神会所

ke. UBS Securities was the first to get such approval in China at the end of last year.

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