ectors have been a “wild west” where Chinese firms did not hesitate to
copy each other or foreigners. But, as China has developed its own technology and moved u上海千花网品茶微信
p the value chain, protecting intellectual property rights has become a high priority for the government.
上海千花网At the China Development Forum in March, Vice-Premier Han Zheng emphasized: “We w
ill step up our efforts for IPR protection as well as law enforcement in various aspects, and establish a sy上海千花网
stem of punitive punishment for IPR infringement to significantly raise the cost of violating the law.”
上海千花网品茶微信And, President Xi announced that China will strengthen intellectual property rights protectio
n in his April speech to the second Belt and Road Forum for International Cooperation.上海千花网
Also, the removal of the requirement that foreign companies enter in
上海千花网to joint ventures should alleviate any fears about mandatory technology transfers.
Financial market reforms
Reform of the financial sector is moving especially rapidly. China will allow full foreign ownershi上海千花网
p of securities firms, futures businesses and life insurance companies by 2020, a year earlier than was s
上海千花网品茶微信cheduled, Premier Li Keqiang told the Summer Davos Forum. Foreign institutions will be offered treatment e
qual to that of domestic companies in credit references, credit ratings and payments, he said.
Li emphasized that this reform is part of a broader push to force domestic上海千花网
firms to upgrade as they face foreign competition. “Further opening to foreign investors, we are no
上海千花网品茶微信t just providing them with opportunities to enter the Chinese market. We are also providing opportu
nities for the financial sector to upgrade and to improve its quality on a level playing field,” Li said.
Measures to boost private sectorThe Chinese government has also recently announced mea上海千花网品茶微信
sures to improve the availability of credit for the private sector and reduce taxes on it.
In a discussion with foreign CEOs at the Summer Davos meeting, Li noted that small and medium-sized companies and private e上海千花网
nterprises provide over 80 percent of employment in urban areas and 60 percent of GDP.
China will maintain a prudent monetary policy in the year’s second half, with potential policy adjustments depending mainly on
the domestic economic situation and price levels, a senior central bank official said on Friday.上海千花网女神会所
Having noticed the recent monetary easing in some foreign central banks and the United States Fe
上海千花网女神会所deral Reserve’s strong message that it will make a cut later in the policy rate, the Chinese centra
l bank has decided not to change its monetary policy stance, while continually reducing the actual financing costs o
f enterprises, said Sun Guofeng, head of the monetary policy department of the People’s Bank of China, the central bank.上海千花网
“In the second half, we will maintain the liquidity at a reasonably ample level through leveraging
diversified tools and strengthening macroeconomic policy coordination,” said Sun, adding that mo
derate money supply growth can support the country’s high-quality economic growth.上海千花网
Sun made the remark after the central bank released major financial da
ta on Friday. The broad money supply, or M2, increased by 8.5 percent by the end of June
上海千花网女神会所from a year earlier. The growth rate had remained unchanged for three consecutive months starting in April.
Chinese banks issued yuan-denominated loans of 9.67 trillion yuan ($1.41 trillion) in the first six month
s, and 1.66 trillion yuan was newly extended in June, up from 1.18 trillion yuan in May, the PBOC said.上海千花网
Total social financing, a broad measure of credit and liquidity in the economy, increased by 13.23 trillion yuan in the firs
上海千花网女神会所t half, compared with an increase of 10.05 trillion yuan in the same period last year, officials said.
“Rapid growth of total social financing proved that the financial se
ctor is enhancing support for the real economy,” said Ruan Jianhong, head of the central ba上海千花网
nk’s Statistics and Analysis Department, at a Friday news conference.
上海千花网女神会所The RMB, compared with some other major currencies, has performe
d well in the first half, and its current exchange rate is basically in line with the economic fou
ndation, as the International Monetary Fund determined recently, according to Sun.上海千花网女神会所
“In the future, the market will play a decisive role in determining the RMB exchange rate, and we will take macro-pruden
t measures when it is necessary to maintain the exchange rate at a stable and reasonable equilibrium,” Sun added.
Making use of Guangdong-Hong Kong-Macao Greater Bay Area to become a hub
With its modern industrial system, Tianhe district in Guangzhou, South China’s Guangdong province, is seizing the oppo上海千花网品茶微信
rtunities brought about by the construction of the Guangdong-Hong Kong-Macao Greater Bay Area to become an
international first-class central business district, an international core area for innovation in science and t
上海千花网echnology, and a demonstration zone for Guangdong-Hong Kong-Macao cooperation.
Its solid industrial foundation and favorable business environment, as well as the gove
rnment’s strong policy support, attract large numbers of enterprises to the district.上海千花网品茶微信
By the end of November, 162 out of the Fortune Global 500 enterprises had invested in 228 proj
上海千花网ects in finance, science and technology, trade and commercial services in Tianhe. It is the city
‘s center for headquarters, with 104, or 29 percent of the total across Guangzhou, making Tianhe’s business dis
trict one of the three largest world-class central business districts in China. Among these, 95 percent of the h上海千花网
eadquarters in Tianhe are in the service sector and 25 headquarters are foreign-funded ventures.
上海千花网In the first three quarters of 2017, Tianhe’s GDP hit 304 billion yuan ($46 billion), up 9.5 percen
t year-on-year. Its GDP has been the highest among all the districts in Guangzhou for 10 years consecutively.
More importantly, experts said innovation, high-tech and service上海千花网
sectors have become the driving force of the district’s economic growth. The district go
上海千花网品茶微信vernment focuses more on quality rather than quantity when it comes to the economy.
With 53 innovation platforms and 51 startup incubators above city level, the district government is carrying out what it c
alls its “super incubator” strategy. It is making use of old industrial parks, factory workshops and public sites co上海千花网品茶微信
llectively owned by villagers to provide a platform for startups and to foster local economic growth. So far, Tianhe has cr
eated 29 of this kind of incubators for startups and innovation, covering a total area of 1.11 million square meters. The di
strict is also implementing a convenient “five-in-one” new business registration system.上海千花网品茶微信
As a center of finance and technology industries, Tianhe has 215 registered financial agencie
s and 33 enterprises listed on the stock market. It boasts 378 research and development institutes set u
p by enterprises, 86 institutes affiliated to universities and governments, and 239 engineering technology research centers.上海千花网品茶微信
Last year, 4,312 patent applications were submitted in Tianhe, 32 percent
of the city’s total and a rise of 45 percent year-on-year. Among these 1,158 patents were granted.
By the end of last year, Tianhe had 1,403 high and new-technology ent
erprises, as well as more than 50,000 science and technology enterprises.
ade has a special place in Chinese culture. Ancient bone and bronze inscriptions tell us that jade was offered as trib
ute to the gods. The Liangzhu site has yielded more than forty various types of jade vessels. But items bearing the an上海千花网
imal-god image have only been found in the finest tombs. Perhaps it was priests who were buried there.
上海千花网女神会所The god is wearing a distinctive headdress with lines radiating outwards. Similar symbol
ism is also evident in the seven-thousand-year-old Hemudu culture. Are the two somehow connected?
England — Rafael Nadal was up near the Centre Court net when Nick Kyrgios smacked a booming forehand directly at the上海千花网
guy’s midsection — right at him, on purpose — and earned a lengthy staredown in return.
上海千花网Kyrgios didn’t apologize, at the time or at his news conference — for that or for be
rating the chair umpire or for spending time at a local pub the night before the match.
Rarely does Kyrgios offer regrets, for much of anything. Instead, h
e tends to double down. He is nothing if not fascinating. He is talented, too. And yet it wa上海千花网女神会所
s Nadal who emerged from all of the tumult Thursday at Wimbledon to beat Kyrgios 6-3, 3-6, 7-6 (5), 7-6 (3) in a sec
上海千花网ond-round match boasting plenty of dramatics, a dose of animosity and delightful play by both men.
“I’m always willing to go out there and try and put on a show. I know peo
ple that bought a ticket today probably had a great day,” said Kyrgios, a 24-year-old Au上海千花网
stralian who is ranked 43rd. “At times today, I was looking around: This is Wimbledon, playing Rafa. … But I’ll p
上海千花网女神会所robably wake up tomorrow (and) there will be something negative about it, for sure.”
Kyrgios is capable of being as entertaining and befuddling a pl
ayer as there is and showed why throughout this 3-hour-plus contest that overshadowed ev上海千花网
erything else going on around the grass-court Grand Slam tournament on Day 4.
Defending champion Angelique Kerber was upset by Lauren Davis, a
上海千花网女神会所n American who lost in qualifying but got into the main draw when someone else withdrew. Se
ven-time champion Serena Williams needed a comeback to win in three sets against an 18-year-old qualifier.
China’s Ministry of Foreign Affairs presented Fujian province to the world at an event on上海千花网女神会所
Friday in Beijing co-organized by the ministry and the People’s Government of Fujian province.
The event was held in the ministry’s South Building and was the
med China in the New Era: Eco-friendly Fujian, Gateway for the Maritime Silk Road.
Fujian province, birthplace of ancient Maritime Silk Road, bears an important role as the core of the 21st Century Maritime Silk Road.
The symbols inscribed on the Cong also appear on other Neolithic relics. This raises the quest
ion of how, at the dawn of history, ancient cultures interacted with one another across China’s vast territory.
Gazing at us from 5,000 years ago, these eyes seem to be summoning us back to the ancient past.
ternational Economic Exchanges, said besides the policies launched to further stimulate c
上海千花网onsumption upgrade, the authorities needed to regulate the consumption environment in elderly car
e, healthcare and information while easing market entry in the healthcare, education and elderly care industries.
上海千花网Foreign companies are also showing a positive attitude toward the Chinese market.
“The implementation of more opening-up policies in the field of consumption is contributing to the shift of China’s econom
ic growth model from investment orientation to consumption orientation, which is more sustainable,” said St上海千花网品茶微信
phane Rinderknech, CEO of L’Oreal China, one of the world’s leading beauty products makers.
“Today, we are more confident than ever in developing and seizing opp上海千花网
ortunities in China. With a continuously improving business environment, consumers’ trust and
our great China dream team, we are confident in making China the number one market for L’Oreal Group in the near fut
上海千花网品茶微信ure,” he said. “We hope the joint efforts between the Chinese government an
d companies will further stimulate China’s domestic consumption and benefit consumers.”
Faced with trade friction with the United States, experts believe consumption will play a major
role in offsetting the negative impact on trade and putting economic growth on a firm footing.上海千花网品茶微信
“China is a market with a population of 1.4 billion and 400 million middle-income earners, and there is a strong dem
and for consumption upgrade,” said Wang Bin, an official at the Ministry of Commerce. “The domestic consumption ma
rket is full of potential and it is China’s biggest advantage to maintain long-term stable development.”
Rural areas offer more consumption potential, according to experts.
“The country’s exports in the first five months (of 2019) had been increasing but at a slower pace… in the future, the trade surp
lus will inevitably narrow,” said Xu Hongcai, deputy chief economist at the China Center for International Economic E
xchanges, arguing that the degree of dependence on foreign trade will decrease.
He said the country needed to turn to domestic demand to power ec
onomic growth, and the country’s ongoing urbanization offered large potential.
e small and medium-sized enterprises, many of which are family businesses and contribute the greater part of the country’s GDP.
“上海千花网Poland is known worldwide for the q
uality of its food, such as apples and milk, which are already available on the Chinese m
arket. We believe that Chinese consumers will be more open for new tastes of Polish food in the near future,” Skoczek said.
He said the CISMEF is an international event which features the highest level, largest scale and most wid
e-ranging influence in the Asia-Pacific region and specially serves SMEs. Over the past 13 years, 16 countries and international organizations in Asia, Europe, Oceania, America (North上海千花网
America and South America) and Africa have been invited to host the exhibition, with its international influence growing year by year.
The 14th CISMEF will feature South Africa and the United Nations Industrial Development Organization (UNI
DO). With an exhibition area of more than 1,000 square meters, South Africa will appear with more than 70 characteristic enterpris上海千花网女神会所
es in industries such as agriculture, and services, to promote and present distinctive local products, industrial investment environment and cultural customs. UNIDO will set up
a special promotion area in the International Hall to popularize the knowledge of industry, and provide technical support and projects needed by SMEs.上海千花网
Currently, 31 countries, regions and organizations have confirmed their participation and booked 1,028 booths, including South Africa,
UNIDO, Egypt (first time), Malaysia, Thailand, Cambodia, Myanmar, Greece, the UAE, the United Nations Office for South-South Cooperation, Japan, Poland, Sri Lanka, Russia, Sou
th Korea, Vietnam, Bulgaria, Iran, Nigeria, Germany, Indonesia, the USA, Spain, Australia, Qatar, Brazil, New Zealand, Israel, Taiwan, Hong Kong and Macao.
上海千花网女神会所Responding to the national strategy of opening up, the fair will host several international pavilions featuring the Belt and R
oad; China-Africa Cooperation Mechanism and the Guangdong-Hong Kong-Macao Greater Bay Area; Africa pavilion; Central and Eastern Euro
pe pavilion; Middle East pavilion and Hong Kong; and the Macao & Taiwan pavilion will be set up to present distinctive products and 上海千花网女神会所quality services.
A wide range of practical events, such as the second Asia-Europe SME Financing Seminar, SME Cross-border M
atchmaking Seminar and Business Promotion of Overseas Exhibition Groups and Purchase Presentation, will be held conc
urrently to build a capital, technology and intelligence networking platform for Chinese and foreign SMEs.
With 6,000 standard booths and an exhibition area of 150,000 square meters, the 14th CISMEF is hosted by the Ministry of Industry and Info
rmation Technology of the People's Republic of China, the State Administration for Industry & Commerce, the People
's Government of Guangdong Province, the Department of Small Business Development of South Africa and UNIDO.