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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China doesn’t want to fig上海千花网not afraid to do so

because China has sufficient resources to counter the challenge, said Zhang Yansheng, forme

上海千花网r secretary-general of the academic committee of the National Development and Reform Commission.

To protect its interests, China vowed last week that it will take necessary countermeasures if the US tariffs come into force.上海千花网品茶微信

Zhang warned that China should prepare to deal with an uneasy relationship with the US over the long term, as he thinks the co

nfrontation will persist until 2035, after which they will enter a phase of strategic cooperation and conversation.

“To fight a strong opponent, the key for China is to build a

上海千花网品茶微信sound environment for innovation, world-class companies and universities,” he said.

Unlike previous rounds of taxing Chinese imports, the US administratio

n is targeting a wide swath of consumer goods, thereby using US families as a ho上海千花网

stage in trade negotiations, according to Matt Priest, president of the Footwear Distributors and Retailers of America.

Wei Jianguo, former vice-minister of commerce, agreed that additiona

l tariffs on Chinese imports will be passed on to US workers, consumers and companies.

上海千花网品茶微信Capriciousness will not help the US government improve its position in trade talks with China, but wi

ll harm its reputation, Wei said. He said the US approach of placing extreme pressure on its

trade counterpart won’t work, and China’s core concerns must be addressed during consultations.上海千花网

China saw encouraging economic growth in the first half, especially in attrac

上海千花网品茶微信ting foreign direct investment and foreign trade. With its fast-growing ma

nufacturing and service sectors, as well as massive domestic market, the country is capable of withstanding any pr

essure if no deal is reached, said Xue Rongjiu, deputy director of the China Society for WTO Studies.上海千花网

上海千花网品茶微信He said Washington should drop its fantasy of pressing Beijing with its same old tricks of maximum pressure. If it tr

uly wants a deal, then it will need to show both real sincerity and actions to prove it can keep its word.

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ongratulatory letter that t上海千花网et is at the forefr

From market structure reforms to the introduction of t

his new listing venue — the progress demonstrates the growing ambition of the em上海千花网

erging technology companies and exciting opportunities for the investment community,” he wrote.

上海千花网Wang Jiyue, independent investment banking analyst, said tha

t the STAR Market will become a testing field for the registration-based initial

public offering system, which will help to improve the basi上海千花网品茶微信c structure of China’s capital market.

The regulatory commission said that the STAR Market should be a magnet for companies specializing in cutting-edge inf

上海千花网ormation technology, high-end equipment, new materials, new energy, energy saving and environmental p

rotection, and biomedicine, based on the industries of the first listed companies.

Huang Hongyuan, chairman of the Shanghai exchange, said the new board will bridg上海千花网品茶微信

e technology and capital, strongly advancing the country’s innovation-driven development.

上海千花网A new show by French photographer Bruno Barbey plots four decades of developme

nt in China, uniquely etched in time thanks to the deep hues of Kodachrome film, Lin Qi reports.

How surprising would it be to discover that a snapshot of a precious childhood memo上海千花网

ry had been preserved for nearly four decades by a stranger on the other side of the world?

上海千花网品茶微信A year ago, Li Zhao, a woman from Shanghai who is based in New Y

ork and Miami in the United States, spotted herself in a photo taken by French ph

otographer Bruno Barbey in 1980. The photo shows a class of young students diligently practicing the accordion at the Sha上海千花网

nghai Children’s Center, and Li instantly recognized the girl in the upper left corner as herself.

上海千花网品茶微信Barbey recalls how Li sent him the photo in an email, asking if she could have a print of it.

“I replied yes, on the condition that she would send me a recent photo of herself.”

So Li did just that, and emailed back a photo of herself attending a party in Palm Beach in 2016.

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Even top-draw上海千花网are under the microscope, as t

 their cars have a 155-kilometer range deficit compared to the lower-tier 2020 versions at a price that’

s 30,000 yuan higher. Other buyers worry about the depreciation risks in these rapid updates.上海千花网

However, He Xiaopeng, chairman of Xpeng, said in a microblog cite

上海千花网品茶微信d by International Financial News these demands are unfair to the company. When

consumers compare the bare prices of the two types, He claimed, 2019 model buyers got lots of subsidies.上海千花网

An insider from Xpeng Motors told the newspaper the company started to promote a favorable poli

上海千花网cy by the end of May giving a total of 20,000 yuan to each consumer, and earlier buyers of 2019 G3 mode

ls affected by the government’s subsidy-cutting scheme have also been covered by the policy.

上海千花网品茶微信Therefore, the actual price paid by 2019 G3 buyers is comparatively lower than the 2020 G3 prices, the source added.

Xpeng Motors is not an exceptional case amid fast growth in the electric ve

hicle industry. In March, Tesla’s decision to adjust prices down also roused early bu上海千花网

yers’ anger, asking the company to subsidize the price difference or cooperate with them to return their cars.

But a lawyer interviewed by International Financial News said no legal ground exists to support these buyers’ requests.

上海千花网品茶微信Sun Shaojun, a motoring analyst, said Xpeng’s case represents a new

normal for the sector, as the electric vehicle industry sees exponentially faster development.

What makes Pablo Picasso such a quintessential 20th-century artist? It’s partly down to the visual ground he broke w上海千花网品茶微信

ith his Cubist painting, but some also has to do with the fact his interests extended far beyond painting.

Picasso’s innovations in perspective and technique dazzled the art wo上海千花网

rld for decades, paving the way for many of the important artistic movements of the last century.

As art historians and critics emphasize the visual ground he broke with his Cubist painting, Picasso’s poetry and oth上海千花网品茶微信

er written works are often overlooked in discussions of his long and varied career.

The artist did not begin to write until the age of 53. His literary endeavors上海千花网

resulted in hundreds of poems with a unique fusion of words and visual imagery.

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Will the maximum pr上海千花网ed on China take effec

Using maximum pressure to achieve its goals is a trick frequently used by some in the United States for international negotiations cal

上海千花网led “the art of trading”. Its main feature is using the means of multifaceted attacks and unlimited requirements while at the same time gaming against its opponent in m

ultiple issues that cross different fields, and then resorting to selected compromising moves to achieve the goals of core interests, to maintain hegemony through power, and to defeat the opponent t上海千花网

hrough bullying and deception. Some people in the US think that “maximum pressure” is extremely powerful, and decidedly useful when dealing with China.上海千花网

Is the “maximum pressure” measure really effective? In dealing with some small and weak countries, the US government has arbitrarily waved the big stick of sanctions and relied on its power and maximum pressure to impose its own interests. Some countries, shadowed by the powerful economic and political pressur上海千花网

e from the US, either because of a lack of overall strength or because of long-term dependence on the US, have been forced by the US to make compromises in accordance with the require

上海千花网ments of the US in negotiations, and they have to quiet down and let the US get what it wants. This is a situation that happens often and inevitably leads some people in the US to form the opi

nion that all countries, including China, will be afraid of the maximum pressure strategy and will certainly yield and surrender under their powerful pressure.

• Can trade protection make the “return of the manufacturing industry” to the US possible?

上海千花网女神会所Since the Trump administration came to power, it has put forward the proposal of “buying US goods and hiring US workers”, emphasizing the “return of the manufacturing industry”. Some people in the US

offered preferential policies to enterprises that came back to the US to set up factories. For those enterprises that moved their factories abroad, they were threatened with tariffs, forcing ente

rprises to return to the US for production. Can these trade protectionist practices really enable the US to achieve a return of the manufacturing industry?上海千花网女神会所

Whether the return of the manufacturing industry can be achieved depends first on the reasons behind the outflow of manufacturing from the US.

From the perspective of the US domestic economy, its manufacturing outflow is determined by how the local economy works.上海千花网女神会所

In the process of economic globalization, US multinational companies have transferred more and more industries to developing countries to a

chieve maximum profitability. Through industrial transfer, they reduce costs, expand markets, divert pollution, and i

ncrease the profitability of capital. At the same time, more and more capital has left the real economic sector with lo

wer profit margins, and turned to the financial sector to engage in financial speculation, leading to the hollowing out and virtualization of the US economy.

• Can economic and trade friction promote US economic prosperity?

Since 2019, the employment rate and the market value of the US stock market have remained high. In the first quarter, the actual GDP annualized quarter-on-quarter

preliminary value was 3.2 percent. Since the introduction of economic and trade friction by the US against China, the US economy seems to be

doing well. This has made some people in the US confident about constantly escalating trade friction with China. But to o

bjectively evaluate the so-called prosperity of the US economy requires a comprehensive and rational analysis.

Based on some indicators, the US economy is prospering. However, whether it will continue to prosper depends on the

state of capital accumulation. In the first quarter of 2019, the seasonally adjusted fixed-capita

l investment growth rate of the US private sector was only 1 percent, significantly lower than growth rates in 20

17 and 2018. According to US official data, US durable goods orders fell 2.1 percent from the previous month in April 2019, surp

assing the expected 2 percent decline. Shipments of core capital goods – a leading indicator of economic expansion – fell by 0.9 percent in April. Fr

om the perspective of development trends, economists are unsure about the prospects of the US economy. According to a recent survey released by the Na

tional Association for Business Economics, many economists predicted that the possibility of a recession in the US ec

onomy by the end of 2020 will almost double, mainly due to the US government’s trade protectionist policies.

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mmon interests of the international community he said.

Large crowds gathered in Trafalgar Square in central London on Tuesday to protest against US Presiden

t Donald Trump’s state visit to the United Kingdom.

Trump and his entourage arrived in the UK on Monday and spent the d

ay on ceremonial duties, before the political aspect of his visit began on Tuesday with a m

eeting with outgoing Prime Minister Theresa May, who is resigning at the end of this week.

Just down the road from her Downing Street office where that meeting took place, thousands of protestors assembled f

or a demonstration against Trump’s visit, which included speeches from various people including Labour Party lea

der Jeremy Corbyn, who declined an invitation to dine with Trump during his visit. Also nearby in Parliament Square, the

famous Trump Baby Blimp, created for his visit to the UK last year, was once again flying.

www.hheeh.cn

Development of huge shale oil field goes full steam

This year, PetroChina’s Xinjiang Oilfield Company has been fully develop

ing the Jimsar shale oil field, which boasts 1 billion tons of shale oil reserves, Xinhua reported.

The company has mobilized 36 drilling rigs, started drilling on 47 wells and completed eight wells till now. The daily drille

d footage surpassed 2,000 meters and the total drilled footage reached 160,000 meters.

PetroChina has ramped up exploration efforts on Bohai Bay Basin, Songliao Basin, Ordo

s Basin and Junggar Basin in recent years and shale oil was listed as one of the four exploration goals. Dagang Oilfi

eld, Xinjiang Oilfield, Tuha Oilfield and Changqing Oilfield have been set as important demonstration zones.

Xinjiang Oilfield Company said it planned to mobilize 45 drilling rigs this year to finish drilling nearly 100 wells.

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The number of unicorns in a given city is often consid

ered a barometer of innovation and entrepreneurship.

The majority of China’s unicorns are based in Beijing, Shanghai, Hangzhou and Shenzhe

n, with a combined number of 156, 19 more than the previous year and accounting for 77.2 percent of the total.

Nanjing, Guangzhou, Wuhan and Qingdao are new gathering places for unicorns, the report said.

Driven by global capital, China’s unicorns have accelerated the pa

ce at which they go public, with unicorns now taking an average of 71 months to IPO.

From January 2017 to May 2019, 36 unicorns were listed on the global stock market, with eight in 2017 and 21 in 2018.

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The latest figures from the National Cultural Heritage Administ

stration show China had 5,354 museums by the end of 2018, and museums across the country held some 2

6,000 exhibitions in 2018 and received 1.126 billion people, an increase of 30 percent and 16 percent, respectively.

The International Council of Museums organized the annual I

nternational Museum Day in 1977 to address the changing roles of museums.

Museums across the world are reinventing their roles to become more interacti

ve, audience focused and active in delivering creativity and knowledge to their communities.School students and adult

visitors learn about making prints and carving stamp seals and learn about the appreciation of and technological me

thods being used in the conservation of the age-old buildings at the Palace Museum, May 1

xujiaqing.net.cn

According to the latest plan, the new line will extend north

ward underground to Lize Financial Business Area, which is about 3.5 km from Caoqiao Statio

n, so passengers can transfer to Line 14 and Line 16, which are under construction, and Line 11, which is planned.

Masood Khalid, Pakistani ambassador to China, said Chinese culture is a reflection of the cou

ntry’s long and rich history. “It is a civilization that has made an imprint on global culture,” he said.

The ambassador listed a variety of manifestations of Chinese culture, which include Chinese cuisine, dance, art, and costume.

“The way Chinese people attach importance to their family and their children, lookin

g after the elderly – all these practices and traditions have been inherited over time,” he said. “Then after har

d work, they come together with their families and friends.”

A city terminal will be established in the Lize Financial Business Area, p

roviding check-in and luggage check services. Passengers will enjoy more convenience with

the ability to check their luggage and get their boarding passes before they arrive at the new airport.

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