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One of the purposes of China opening up its capital acco

ount is to effect上海品茶微信女神会所ively use international resources, improve Chinese enter-prises’ co

mpetitiveness in the global markets, adjust its economic structure and change its economic d

evelopment model from quantitative growth to innovation-led qualitative development.

Supply-side structural reform key to progress

China should also deepen its financial system reform and accelerate the opening up of its capital account, because only

by deepening the financial sector’s supply-side structural reform can it improve its financial services en

vironment, meet the financing needs of its real economy, and become a leader in the global financial sector.

Since the yuan’s internationalization is an irreversible trend, China should take meas

ures to make the yuan a major international currency, expand its international influence. On the

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Three years after he was filmed taking part in the

bike protest, Sau上海419论坛品茶微信di authorities arrested Qureiris, then just 13 years old. He was traveling with his fami

ly to Bahrain when he was detained by Saudi border authorities on the King Fahd causeway that connects the two countries.

At the time, he was considered by lawyers and activists to be the youngest known political prisoner in Saudi Arabia.

Now, at the age of 18, Qureiris is facing the death penalty after being

held for almost four years in pre-trial detention, CNN has learned.n April, Saudi Arabia anno

unced it had executed 37 men who, according to rights group Reprieve, were mostly from the kingdom’s Shia minor

ity. The country has one of the highest rates of execution in the world, and has frequently been criticized by rig

hts groups for executing people who were minors at the time of the commission of crimes.

Qureiris was 10 years old when he committed at least one of those alleged crimes in his charge sheet, CNN has learn

ed. He was charged with accompanying his activist brother, Ali Qureris, on a motorcycle ride to a police sta

tion in the eastern Saudi city of Awamiya, where Ali allegedly threw Molotov cocktails at the facility.

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mier Li Keqiang presides over a State Council meeting on

上海会所品茶微信Premier Li Keqiang called for greater strides in reform and opening-up to stimulate market vitality and to tra

nsform and upgrade economic structure in revitalizing the rust belt in Northeast China.

Li’s remarks came as he presided over a State Council meeti

ng on Thursday on revitalizing the country’s traditional industrial bases.

He underscored the importance of transforming government functions a

nd bettering the business environment, and urged government departments to offer m

ore support to provinces in the Northeast in streamlining administration.

The tax cuts and fee reduction policies must be implemented in full, and the country w

ill make the region a priority in special transfer payments to localities, he said.

The reform of State-owned enterprises must be moved forwa

rd, and more work must be done to expand the private sector, he said.

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When asked if China will stop exporting rare earth mat

aterials to the US, Gao Feng, the ministry’s spokesman, said China

has been the world’s largest supplier of rare earth materials and has always been keen to m

eet the demand of its trade partners on this material to promote the rare earth industry.

The ministry made the remarks after the Trump administration starting May 10 raised tariffs on Chinese goods and rest

ricted Huawei’s business operations, which has harmed the interests of companies and financial markets on both sides.

“While satisfying domestic demand, China is always willing to fulfill other coun

tries’ rightful needs for rare earth materials,” he said. “But if any country plans to use the rare earth materials that Ch

ina exports to make products that will suppress China’s development, it is not acceptable.”

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The meeting highlighted the importance of strengthen

 innovative capabilities as well as opening-up and cooperation in this regard, and called for improving the services and

environment for opening-up and cooperation so that development is promoted through opening-up, inn

ovation is advanced through reforms and win-win results are achieved through cooperation, it said.

Tough and newly emerging problems should be resolved through deepening reforms, the statement said, adding that the

capability of dealing with challenges and preventing risks should be intensified.

The meeting required Shanxi province, a coal-abundant area in North Ch

ina, to conduct pilot reforms in its energy industry and take the lead in the whole cou

ntry in areas such as promoting clean and low-carbon energy use and enhancing innovatio

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The strong earthquake was also felt in parts of Ecuador

 FTSE Russell, a leading global multi-asset index, data and analytics provider, said Satur

day that it will add Chinese A shares to its widely-tracked global benchmarks next month.

The addition will be officially effective after the close of share markets on June 24.

According to the plan of FTSE Russell, this move marks the first stage of incorporatin

g Chinese shares into its indexes. In this stage, 1,097 Chinese stocks, or 20 percent of A shares, will be bro

ught into the indexes, drawing an expected $10 billion from passive investors.

FTSE Russell will add 40 percent of A shares to its indexes in September, and another 40 percent in March next year.

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ietnam surpassed India to become the largest buyer of Chin

a’s photovoltaic products. Export value to Vietnam rose 239 times to $739 million in the fi

rst quarter, taking up 16.8 percent of China’s total photovoltaic export value.

With the European Union ending its anti-dumping and anti-subsidy meas

ures, photovoltaic exports from China to Europe also saw large increase in Q1.

The country’s photovoltaic products export volume to the Netherlands and Spain increased 1,049.6 percent and 158.3 perc

ent, respectively, in the first quarter, said the report. It predicted that the emerging markets, such as Mexico, Aus

tralia, Turkey, and the United Arab Emirates will further boost the export of China’s photovoltaic modules.

The export of China’s photovoltaic products to the United States dropped 28.9 pe

rcent to just 0.01 GW in the first quarter, the report said. The Section 201, Section 3

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Weaker economic growth puts at risk essential invest

ments in areas such as education, health, climate change adaptation and sustainable infrastructure.

The growth outlook in all major developed economies and most developin

g regions has weakened due to a confluence of both domestic and external factors, the report said.

Following an expansion of 3 percent in 2018, world gross product growth is now projected to moderat

e to 2.7 percent in 2019 and 2.9 percent in 2020, reflecting a downward revision from the forecasts released in January.

The report identifies several downside risks that could trigger a sharper or more prolonged growth slowdown, potentially infl

icting significant damage on development progress. Those risks include a further escalation in trade te

nsions, a sudden deterioration in financial conditions, and the accelerating effects of climate change.

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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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Also, these new first-tier cities have preferential po

policies for residence permits and financial incentives to lure more talent.

For example, Zhenjiang in Jiangsu province, promised bonuses of 150,000 and 200,000 yuan for house purchases to gradua

tes with master’s and doctoral degrees, respectively, after they work in the city for three years.

Haikou, capital of Hainan province, is attracting college students with a monthly rent s

ubsidy of 1,500 yuan, with an 18,000-yuan allowance to graduates who decide to buy an apartment there.

Employment, especially some groups such as college gradu

ates and demobilized military staff, remains a priority to the government.

Premier Li Keqiang said at a teleconference on May 13 that employme

nt pressure will be felt this year by a larger number of college graduates. However, promotin

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