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erves, the country has seen stable and fast economic growth in the past four decades, with lowe
r inflation. Thanks to the reserves, China can also benefit from a favorable international trade and fina乐动体育,乐动体育登录乌托邦
ncial environment in the long term, Chen Yuan, a former deputy governor of the central bank and former vice-ch
irman of the Chinese People’s Political Consultative Conference, said at a forum on Aug 10.
乐动体育,乐动体育登录乌托邦品茶微信”Previously, we identified the foreign exchange reserves as an important milestone for ec
onomic development and society’s core wealth. Now, we have to reposition the foreign exchange market,” he added.
According to Chen, faced with new challenges, including foreign exchange rate issues raised by the United States rec乐动体育,乐动体育登录乌托邦
ently, the priority is to keep these reserves safe, and strengthen the renminbi’s position globally.
Chen sees potential in foreign exchange rate risks, as the majority of China-reserved foreign assets are in US dollars.
Late last month, the State Administration of Foreign Exchange, or SAFE, C
hina’s forex regulator, said the country’s foreign exchange reserves held in US dollars
乐动体育,乐动体育登录乌托邦accounted for 58 percent of the total by the end of 2014, down from 79 percent in 1995.
Among global foreign exchange reserves, assets held in US dollars comprised 65 percent of
the total by 2014, up from 59 percent in 1995, according to SAFE’s annual report last year.乐动体育,乐动体育登录乌托邦
For the first time, SAFE made public the currency composition of the
forex reserves, after first reporting data to the Currency Composition of Foreign
乐动体育,乐动体育登录乌托邦Exchange Reserves, or COFER, an International Monetary Fund database, in 2015.
According to COFER, which keeps quarterly data on the currency composition of official乐动体育,乐动体育登录乌托邦品茶微信
foreign exchange reserves, the world’s forex reserves reached $11.59 trillion in the fir
st quarter of this year. Some 58.14 percent of the total was in US dollars, compared with 1.8 percent in renminbi.
China is willing to work with the internation
al community to create an age of virtual intelligence and share outcomes乐动体育,乐动体育登录419品茶微信
of greater breakthroughs in smart technology, President Xi Jinping said on Monday.
乐动体育,乐动体育登录419Modern information technology, represented by the internet, big data and artificial int
elligence, is witnessing rapid changes, Xi said in a congratulatory letter to the 2019 Sm
art China Expo, which opened in Chongqing on Monday and runs through Thursday.乐动体育,乐动体育登录419
A new round of scientific and technological revolution and industrial transformation is developing with strong mo
乐动体育,乐动体育登录419品茶微信mentum, and the fast growth of smart technology is having significant and far-reach
ing influence on economic development, social progress and global governance, Xi said.
The president emphasized that China attaches great importance to the deve乐动体育,乐动体育登录419
lopment of smart technology and industrial digitalization, and advocates for for
ward-looking, in-depth integration of the digital economy and the real economy.乐动体育,乐动体育登录419
The annual Smart China Expo, begun last year, aims to showcase new products, technologies, business formats and mod
乐动体育,乐动体育登录419es of smart technology through conferences, exhibitions, summits and competitions.
This year’s expo attracted over 1,800 participants and 843 companies from 28 countries a
nd regions, including 13 Nobel Prize laureates, four Turing Award winners, Fortune 500乐动体育,乐动体育登录419品茶微信
business leaders and tech giants including Intel, Tencent, Baidu, Alibaba and Xiaomi.
“Smart technology is developing very fast in China,” Vice-Premier Liu He said at the opening ceremony.乐动体育,乐动体育登录419
“It has become a new, important economic growth point, with preliminary statistics showing that the total industrial sc
乐动体育,乐动体育登录419ale of AI-related industries in China surpassed 500 billion yuan ($71.4 billion) in 2018.”
As the gateway to Southwest China and a major industrial base, Chongqin乐动体育,乐动体育登录419品茶微信
g, on the upper reaches of the Yangtze River, has established one of the world’s larg
est IT industrial clusters and one of China’s biggest auto manufacturing bases.
China has released a guideline to tackle difficulties in
enforcing court orders, according to an office of law-based governance on Aug 22.乐动体育,乐动体育登录千花网
The guideline calls for more transparency when enfo
rcing judgments and harsher punishments for those acting against the enforcement.
乐动体育,乐动体育登录千花网女神会所It demands a credit system that covers various aspects of social life
including transactions, house property purchases, fees and tax payment and law violations.
The market exit mechanism for businesses as well as systems of legal assis
tance, liability insurance and civil laws should all be improved, said the guideline.乐动体育,乐动体育登录千花网
It also called for better coordination between different
departments and efforts to improve judgment-enforcing personnel.
乐动体育,乐动体育登录千花网女神会所China’s top legislature is considering a draft law on promoting basic medical and he
alth care, which requires efforts to improve community-level health care services.
The draft law was submitted for review to the bi-monthly legislative session of the Stand乐动体育,乐动体育登录千花网
ing Committee of the National People’s Congress, which opened Thursday.
乐动体育,乐动体育登录千花网女神会所The country should develop plans to appropriately allocate medical and health reso
urces, and take measures to prioritize the development of medical and health ins
titutions below the county level and improve their capacities to provide services, according to the dra乐动体育,乐动体育登录千花网
ft.Photo taken on Aug. 23, 2019 shows the construction site of Badaling Changche
ng Railway Station of the Beijing-Zhangjiakou High-Speed Railway in Beijing, capital of C乐动体育,乐动体育登录千花网女神会所
hina. The main structure of Badaling Changcheng Railway Station is capped on
Friday, marking all main structures of the railway line have been complete
?the protest route one hour before the protest started at 1 pm to avoid being inflicted again, a
fter the rail operator was criticized for offering free and exclusive ride home for the protesters.乐动体育,乐动体育登录乌托邦品茶微信
In calling for understanding from the passengers, MTR operations director Adi Lau
乐动体育,乐动体育登录乌托邦Tin-shing said in an open letter on Saturday that the decision to shut down part of
the Kwun Tong line prior to the protest was made after careful considerations of recent situations.
The MTR Corporation decided to suspend railway services on the active section and close some s乐动体育,乐动体育登录乌托邦品茶微信
tations in consideration of the safety of colleagues, passengers, and railway facilities, said Lau.
Recently, some radicals sabotaged CCTV cameras in MTR stations, interfer
乐动体育,乐动体育登录乌托邦ed with gate access, and even damaged station facilities and sprayed graffiti. They also t
hreatened the personal safety of those who tried to dissuade them. These inciden
ts have caused many frontline colleagues to feel that their personal safety was at risk, said Lau.乐动体育,乐动体育登录乌托邦
Lau hoped that the public of Hong Kong can step forward to raise thei
乐动体育,乐动体育登录乌托邦品茶微信r voice against vandalism and safety threats targeting the MTR stations. In the past few wee
ks, the MTR has tried many different ways to maintain a safe and orderly rail operation and the company welc
omes any suggestions to better cope with the current situation, Lau said.French President Emmanuel Mac乐动体育,乐动体育登录乌托邦
ron, US President Donald Trump, Japan’s Prime Minister Shinzo Abe, Britain’s Prime Minister Boris Johnson, Ge
rman Chancellor Angela Merkel , Canada’s Prime Minister Justin Trudeau, Italy’s acting Prime Minister Giuseppe Co乐动体育,乐动体育登录乌托邦
nte and European Council President Donald Tusk attend a G7 working session on “International Economy and Trade,
and International Security Agenda” during the G7 summit in Biarritz, France, Aug乐动体育,乐动体育登录乌托邦品茶微信
BIARRITZ, France – French President Emmanuel Macron and US President Donald Trump said on Sunday that the mem
bers of the Group of Seven (G7) will each act on its own over the thorny issue of the Iranian nuclear deal.乐动体育,乐动体育登录乌托邦
“There is no formal mandate at G7. We will continue to act, each in his own role,” Macron told reporters at the G7 su
mmit. “G7 is an informal club. We do not give formal mandate to this one or that one.”乐动体育,乐动体育登录乌托邦品茶微信
Earlier in the day, Macron told French television LCI, “we agreed on what we wanted to say jointly on Iran”. “Everyone wan
ts to avoid a conflict, US President Donald Trump was extremely clear on that point,” he said.
gzhou have registered substantial increases in the resident popul
ation. Core cities in the central and western parts of the country, such as Xi’an, Chen?乐动体育,乐动体育登录乌托邦
gdu and Changsha, have been on the rise in attracting people, while the population gro
?乐动体育,乐动体育登录乌托邦女神会所wth in eastern cities such as Beijing, Shanghai, Tianjin, Suzhou and Wuxi has slowed down.
People go with industries, the report said, and first- and second
-tier cities have a more stable foundation and greater potential in their industries. Thes?乐动体育,乐动体育登录乌托邦
e cities create 46.5 percent of the country’s GDP with 25.5 percent of the population.
?乐动体育,乐动体育登录乌托邦First- and second-tier cities surpass others in terms of the number of listed companies, invention patents granted, tr
affic and location, public resources (including quality education, medical resourc
es and urban rail transit) and absolute purchasing power. However, these cities need to do more when it c?乐动体育,乐动体育登录乌托邦女神会所
omes to the ratio of housing price to income as well as housing supply, the report said.
A law on promoting employment should be amended to better cater to new types of jo?乐动体育,乐动体育登录乌托邦
bs and solve new job-related problems, such as the disorderly startup market cau
sed by people returning to their rural hometowns from big cities, legislators said on Friday.
?乐动体育,乐动体育登录乌托邦”The current Chinese Employment Promotion Law has not caug
ht up with the fast developments of our job market. Some content needs to be further upd
ated and some demands need to be urgently regulated, especially how people create businesses after they come back to their rur?乐动体育,乐动体育登录乌托邦女神会所
al homes,” said Zhang Chunxian, vice-chairman of the Standing Committee of the National People’s Congress.
He made the remarks at the bimonthly session of the Standing Committ?乐动体育,乐动体育登录乌托邦
ee of the National People’s Congress, the country’s top legislative body, on Friday.
From May to June, 11 members of the NPC Standing Committee, inclu?乐动体育,乐动体育登录乌托邦
ding Zhang, and 12 NPC deputies were divided into three teams to inspect the Inner Mo
ngolia autonomous region and five provinces, including Yu女神会所nnan, Shandong and Jiangxi.?乐动体育,乐动体育登录乌托邦
“We found more people have started up businesses after returning to t
heir hometowns from metropolises due to the booming of modern agriculture and rural to
urism, even though the number of migrant workers also grew steadily,” Zhang said.
?participants involved in a project, so all culprits get their due punishment,” he said.
Zhai said ethical issues in science and technology were important because the development of h乐动体育,乐动体育登录夜网女神会所
ighly risky technologies such as brain science and artificial intelligence could affect the future of humanity.
“For example, the latest biological technologies such as gene editing can produc
乐动体育,乐动体育登录夜网女神会所e cross-generational effects and unpredictable results for our offspring,” she said. “We must be cautious about givin
g a certain scientist the right to make such alterations at will in the name of curing a serious disease.
“Ethical standards do not impede the development of science and technology. Rat乐动体育,乐动体育登录夜网
her, they ensure the development is on the right path for the benefit of humankind.”
Qin Chuan, president of the Chinese Association for Laboratory Animal Sciences, said improved ethical supervisio
n was necessary to ensure the welfare of laboratory animals used in research on new drugs.乐动体育,乐动体育登录夜网女神会所
“But it is important for the development of science and technology for
乐动体育,乐动体育登录夜网the public good not to impose unnecessarily stringent ethical standards,” she said.
For example, scientists would, in principle, use lower-level animals for scienti
fic experiments, but in some research involving the study of the brain, mice migh乐动体育,乐动体育登录夜网女神会所
t not be suitable and higher-level mammals would been to be used for effective research, she said.
Xiao Keyan, a doctorate in aquatic plant ecology and former associate prof
乐动体育,乐动体育登录夜网essor at Wuhan University, is thriving in aquatic plant industry after quitting his job.
Xiao rented some land in a village after resigning from the university and began growing aquat
ic plants, according to Chutian Metropolis Daily on Monday, a newspaper in Hubei province.乐动体育,乐动体育登录夜网女神会所
One of his plants has brought him huge economic returns. He got 50
,000 yuan ($7,082) for selling aquatic grass in 2 mu (0.13 hectare), he said.
?the US not to view China as an enemy. Which shows the US administratio
n’s attempt to reduce people-to-people exchanges does not enjoy popular sup?乐动体育,乐动体育登录会所品茶微信
port, as many in the US know such exchanges are vital to the healthy development of bilateral ties.
As long as China and the US continue to push bilateral relations forward on the basis of non-c
?乐动体育,乐动体育登录会所onflict, non-confrontation, mutual respect and win-win cooperation, they can meet the challenges they face at p
resent and Sino-US relations can be guided toward coordination, cooperation and stability.?乐动体育,乐动体育登录会所品茶微信
The author is executive deputy director of the Institute for China-US People-to-Peo
ple Exchange, Peking University. The views don’t necessarily represent those of China Dail
?乐动体育,乐动体育登录会所The list of unreliable entities will be released in the near fu
ture, Gao Feng, the spokesperson of the Ministry of Commerce said on Thursday.
Chinese and US working groups have been maintaining c
ommunications with each other and had a phone call on August 13, said Gao.?乐动体育,乐动体育登录会所
The two sides agreed to speak on phone again within two weeks, Gao added.
The US is set to impose new tariffs on some Chinese imports starting Sept 1, which, accor?乐动体育,乐动体育登录会所品茶微信
ding to Gao, will create challenges for the Chinese economy, but the impact will be controllable.
Gao warned any new tariffs would lead to an escalation of economic and trad?乐动体育,乐动体育登录会所
e frictions. And China will have to fight back if the US carries out the move, he said
.Second placed Mack Horton (left) of Australia keeps his distance to winner Sun Yang (center) of China while they p
ose with their medals after the men’s 400m Freestyle Final during the Gwangju 2019 FINA W?乐动体育,乐动体育登录会所品茶微信
orld Championships in Gwangju, South Korea, on July 21, 2019. Gabriele Detti (right) of Italy finishes thir
Controversial Chinese swimmer Sun Yang will get a public hearing by the
Court of Arbitration for Sport (CAS) over an appeal brought by the World Anti-Dopi?乐动体育,乐动体育登录会所
ng Agency (WADA) against him and the Federation Internationale De Natation Association (FINA) which claim
ed Sun did not violate doping regulations after an out-of-competition test last year.?乐动体育,乐动体育登录会所品茶微信
The open hearing by the Court of Arbitration for Sport will probably be in Switzerland but is “unlikely to be before the end of Octo
ber,” the court said on its website Tuesday, and “will be open to the public (including the media).”
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?乐动体育,乐动体育登录龙凤1314女神会所
vernments to ensure stable fiscal spending and further implement tax and fee cuts, the ministry said.
?乐动体育,乐动体育登录龙凤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?乐动体育,乐动体育登录龙凤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?乐动体育,乐动体育登录龙凤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
?乐动体育,乐动体育登录龙凤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?乐动体育,乐动体育登录龙凤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?乐动体育,乐动体育登录龙凤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?乐动体育,乐动体育登录龙凤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?乐动体育,乐动体育登录龙凤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.
In addition to the favorable policies, the city launched fast-track medical services for foreign experts through a WeChat account.
Chloe Emma Puccia, a foreign expert at the Heping IELTS English test training cen乐动体育,乐动体育登录楼凤女神会所
ter, said she was supported by a medical service plan after a recent car accident.
She was grateful for the speedy help and told the foreign experts affairs authorities s
乐动体育,乐动体育登录楼凤he would work until retirement and help promote Tianjin’s scheme to other foreign experts around China.
In April, Tianjin ranked among the Ministry of Science and Te
chnology’s Top 10 Amazing Cities for attracting foreign experts for the eighth time.乐动体育,乐动体育登录楼凤女神会所
Northeastern province to ban release of some animals to safeguard ecosystem
A revised draft of Heilongjiang’s Wild Animals Protection Regulation, presented to the Standing Committee of t
乐动体育,乐动体育登录楼凤he provincial People’s Congress recently, aims to strengthen protection of wildlife habitats and food chains.
It said those transporting and selling wildlife and related products should follow laws and provide relevant certificates.
The regulation would ban the unauthorized release of aquatic animals into the乐动体育,乐动体育登录楼凤
wild and the releasing of animals that may interfere with residents’ normal lives and harm the ecosystem.
The regulation would also ban the release of wild animal species that are not nat
乐动体育,乐动体育登录楼凤女神会所urally found in Heilongjiang or come from outside the northeastern province or overseas.
Organizers and participants in tourism, animal viewing, photography and video activities
should not interfere with the growth and reproduction of wild animals or destroy the habitats of wild animals.乐动体育,乐动体育登录楼凤
Those violating the rules could face fines of up to 10,000 yuan ($1,420).
Wildlife expert Zhang Wei, a professor at Northeast Forestry University, in Harbin, the provincial capital, said the current regulat
ion, in force since 1996, was unable to meet the practical demands of wildlife protection. The new version, fol乐动体育,乐动体育登录楼凤女神会所
lowing the basic principles of the Law on Protection of Wildlife, was significant and necessary.
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乐动体育,乐动体育登录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.乐动体育,乐动体育登录419
These are the international events under the spotlight for the week starting August 19.
乐动体育,乐动体育登录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乐动体育,乐动体育登录419
lk about Ukraine and discuss prospects for work within the Normandy Four.
The Normandy Four consists of Russian, Ukrainian, French a
乐动体育,乐动体育登录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乐动体育,乐动体育登录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乐动体育,乐动体育登录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
乐动体育,乐动体育登录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.