The central bank annou上海千花网sures to reform the

e interest rate regime on Saturday. It decided to use the loan prime rate (LPR), the price of loans banks offer to their best cli

ents, as a new reference for bank loans, instead of the existing one-year benchmark lending rate.上海千花网

The new LPR was reported for the first time on Tuesday at 4.25 percent for one-year loans, low

上海千花网女神会所er than the 4.35 percent one-year benchmark lending rate which has been unchanged since August 2015. The LP

R for five-year loans was at 4.85 percent, according to the National Interbank Funding Center.

Many analysts have seen the new measure as an alternativ上海千花网女神会所

e way of cutting overall interest rates. In response, central bank officials said the reform itself

cannot replace the monetary policy or other policies, but it can improve the effectiveness of monetary policy.

Sun Guofeng, head of the central bank’s Monetary Policy Department, said the market-oriented inte上海千花网女神会所

rest rate reform will not have a direct impact on the renminbi exchange rate. “The market rates are directly

上海千花网related to the exchange rate, but this reform is not involved with changes of market rates.”

He said the current interest rate spread between China and the United States “is within a comfortable zone”.

While many developed countries use monetary easing to spur econ上海千花网女神会所

omic growth, China is the only country among major economies to retain a normal mone

上海千花网tary policy, and the valuation of yuan-denominated assets is still at a relatively lower level. All of these factors can hel

p to maintain the renminbi exchange rate at a stable and adaptive level, Sun added.

Even under the new scheme, the interest rate level for mortgage loans will not decline, as the government will not ease the rea上海千花网女神会所

l estate control policy nor use real estate as a tool to stimulate short-term economic growth, said

Liu, who disclosed that the interest rate policy for personal mortgages will be revealed in several days.

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Liu Yunfang, living i上海千花网n county of Linfen

city in Shanxi province, learned the art of making xiuqiu (a ball

made of strips of silk) from her mother-in-law for more than 10 years.上海千花网女神会所

Then she trained women in her village the skill to further develop the handicraft. The technique of making silk ball h

上海千花网as been listed as a provincial-level intangible cultural heritage and she is an inheritor. Now the silk ball has become a loca

l cultural brand, generating an annual output value of nearly 1 million yuan ($141,494.8).上海千花网女神会所

Taiping silk ball, once popular in ancient Taiping county in southern Shanxi pro

vince, and now Xiangfen county of Linfen city, is a traditional auspicious ornament.

The 140-year-old Shanghai Symphony Orchestra (SSO) wow上海千花网

ed spectators on Monday night with a stunning concert marking the debut of a Ch

inese orchestra in the Edinburgh International Festival (EIF), the world’s leading performing art event.

上海千花网女神会所The concert featured both Chinese and Western music works, including the ope

ning piece by leading Chinese composer Chen Qigang’s “Wu Xing” (The Five

Elements) and Dmitry Shostakovich’s “Symphony No. 5 in D minor.” Renowned American cellist Alisa We上海千花网

ilerstein collaborated with the group by preforming Dvorak’s Cello Concerto in B minor.

The concert ended with the “Beautiful Night,” a piece of traditional Chinese music, winning rou

nds of applause and cheers by more than 2,000 spectators who packed the famous Usher Hall.上海千花网女神会所

“The performance is intriguing and fantastic,” said British audience Rosalind Stoddart fro

m Northamptonshire, adding that she was very impressed by the opening piece “Wuxing.”

“The music is very Chinese, which I haven’t heard before … It was beautifully played, very exciting and experimenting,” she said.上海千花网

This year marks the 140th anniversary of the founding of the Shanghai Symphony Orchestra (SSO). During the past decad

es, while performing classical western music, the orchestra has made great efforts to cre上海千花网女神会所

ate Chinese music works to showcase the profound Chinese culture to a global audience.

www.exdkjp.cn

Facing external uncert 上海千花坊a has been unswe

rvingly opening to the outside world to increase its resilience to risks

and shoulder its responsibility as a major country,” said Wang Xiaosong, a researc 上海千花坊

h fellow with the National Academy of Development and Strategy under Renmin University of China.

 上海千花坊Covestro, a global chemicals giant that has been in China for nearly 20 years, is plannin

g to upgrade its China headquarters in Shanghai to its Asia-Pacific headquarters.

Holly Lei, president of Covestro China, said after the move, the 上海千花坊

company could better coordinate global resources to grow together with China.

 上海千花坊China is Covestro’s biggest single market and Shanghai is hom

e to its largest plant while housing its Asia-Pacific innovation center, said Lei.

Covestro is not alone in terms of expanding its business ambitions in the world’s second-largest economy. 上海千花坊

French carmaker PSA Peugeot Citroen plans to set up a regional procurement center in Sha

nghai. German chemicals giant BASF has increased investment to upgrade its innovation center in Shan

ghai after investing in a $10 billion production facility in Zhanjiang. The city is also home 上海千花坊女神会所

to Tesla’s gigafactory, which is under construction with an investment of over 50 billion yuan ($7.1 billion).

Investments from the European Union, Singapore, Japan and countries included in t 上海千花坊

he Belt and Road Initiative all grew at double-digit rates in the first half and the investm

ent structure is being optimized, said Hua Yuan, director of the municipal commission of commerce.

The high-tech service industry reported an actual use of foreign investment of $1.7 bil 上海千花坊女神会所

lion in the first six months, posting a hefty annual growth of 29.6 percent, said Hua.

A series of opening-up measures in multiple fields and industries and the impro

ving business environment has ramped up foreign investment interests in China.

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the investment mark上海千花坊et of food waste dispos

al facilities will expand to a scale of 152.4 billion yuan ($22.18 billion) as

the garbage sorting and recycling campaign makes headway, providing related compa上海千花坊

nies with various business opportunities, according to the E20 Institute of Environment Industry.

上海千花坊女神会所Aiming at a greater market presence and higher production efficiency, companies are rac

ing to maximize the use of intelligent and cutting-edge technologies in waste disposal.

A good example is the Chinese payment giant Alipay, which has rolled out a mini-program to h上海千花坊

elp sort garbage by using artificial intelligence and augmented reality technologies.

By scanning waste items with their smartphones, users can learn in seconds how to sort their trash.上海千花坊女神会所

In addition, the internet and big data technologies are also u

sed by companies to assess and analyze the demand for bins in different areas.

Industry body calls on authorities to implement government guidelines

上海千花坊Officials at China’s leading auto industry association are calling for local authoriti

es to implement the central government’s guidelines for boosting car consumption in the wake of ve

hicle sales in the country having fallen for 13 months in a row as of the end of July.

Overall vehicle sales in the world’s biggest vehicle market stood at 1.8 million in July, falling 4.3 percent from t上海千花坊女神会所

he same month last year, according to the China Association of Automobile Manufacturers.

Total sales in the first seven months of this year totaled 14.13 million, down 11.4 percent year-on-year.上海千花坊

The association expects the fall to become less severe in coming m

onths because of a lower comparable base figure from the second half of last year a上海千花坊

nd because of the measures implemented to help with car consumption.

It estimated that China’s vehicle sales would drop 5 percent this year上海千花坊女神会所

from 2018 to 26.68 million vehicles. It has also trimmed its forecast for a rise in new ene

rgy vehicle sales to 1.5 million from a forecast of 1.6 million made at the start of the year.

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erman documentarian 爱上海 side of China foreigne

Guests moved through the verdant, clipped lawns of Mount St. Mary University Los

Angeles campus recently making their way to Amat House, where documentarian Chris D. Nebe’s new film, Yib 爱上海女神会所

in: Golden Gateway to the Yangtze River, showed them a side of China rarely seen by foreigners.

 爱上海The film incorporates striking images of evocative ancient petroglyphs depict

ing hunters and horsemen chiseled into the cliffs by ancient artists of a bygone era; heavi

ly-laden mountain ponies toting vegetables to market through treacherous mountain passes; small fish 爱上海女神会所

ing vessels bobbing down the river as fishermen ply their trade; and many other more personal and cultural views of Yi

bin, a city in Southwest China’s Sichuan province depicted as a gateway to the mighty Yangtze River. 爱上海

The film showcases Yibin as the classic embodiment of the Chinese Dream, a vibrant

 爱上海女神会所medley of ancient Chinese traditions and thriving modern industries.

As part of China’s historic Tea Horse Road, Yibin has been an important trading center for ov

er 2,200 years. In the past, it has been most famous for its tea, liquor, calligraphy, and bamboo. To

day, the city is also moved into manufacturing automobiles, high-tech mobile phones, and medical devices. 爱上海女神会所

“I didn’t choose Yibin, Yibin chose me, but it’s a really fascinating plac

e,” Nebe said, adding that his aim with this film was to paint a different picture of China. 爱上海

Nebe started his career as a film distributor in Germany before turning to documentary writing and directing. To date, he

 爱上海女神会所has made over 20 documentaries, many done collaboratively with China.

The director feels that Western prejudices often prevent them from being open to understanding China.

“The West has too much fear and inherent racism,” he told Xinhua.

fanxgq.cn

Dark energy is the one上海夜生活here. It tells us th

there may be something very, very profound about the way that sp

ace-time behaves – and why the universe is accelerating at the speed it is.上海夜生活品茶微信

There are two answers to that and it’s quite political, of course. Space flight is expensive. And if you’re interested purely in s

上海夜生活cientific research, then I think you can send a lot of robots, because you can get more of them.

But, it’s also true that human capability is far in excess of robots, so we need that.

Most scientists would say they don’t like space flights because it removes a lot of money from their activities.上海夜生活

On the second point, we’re going to Mars because there is nowhere else to go

上海夜生活品茶微信 Not to the other planets, so we have to stay here, or if we go anywhere, to Mars.

But I think as a civilization, we may need to start thinking of going somewhere.

Have you written any children’s books, or will you?上海夜生活

It’s tremendously difficult to write books for children. A friend of mine, Oliver Je

ffers, wrote a great children’s book. Every single word and sentence has to be so pr上海夜生活品茶微信

ecisely constructed; it’s an art, a real art. I’ve written for newspapers – you would well understand – and you can ha

v上海夜生活e different allowable paragraph lengths, and sometimes the shortest sentences in a paragraph are the most diffi

cult ones to write. I would love to write children’s books, but it’s a skill I don’t have now.

You’re a wine lover. Why not write a book on wine?上海夜生活品茶微信

I’m a big fan of wine writer Jancis Robinson. For wine, I’m still on the learning curv

e. I started collecting it to drink, but I don’t collect it as investment; it’s more like a sort of exploration. I like lear上海夜生活

ning curves, so music and wine and other subjects make for interesting diversions. I get bored every five or six ye

ars, so science is about the only constant thing. I love red wines, like Bordeaux, but as I’ve got older, I find the上海夜生活品茶微信

y are less easy to drink. So I like white Burgundies, and I very much like chardonnay and c

hampagnes, blanc de blancs. It’s a bit niche though, the study of white Burgundy, to write a book about.

Are you more underwhelmed or overwhelmed by the public’s general knowledge of science?

njLongrun.cn

According to the ho 上海千花坊ice index, the cities sa

aw an overall 0.6 percent monthly growth and 10.1 percent yearly growth in newly built h

ouse prices,” said Yan Yuejin, director of the Shanghai-based E-house China Research and Development I 上海千花坊女神会所

nstitution. “Both figures indicated a slowing upward trend in house prices, as the ef

 上海千花坊fort to stabilize house prices, market expectations and market order has paid off.”

Yan noted that Pingdingshan in Henan province was the city with the biggest monthly growth

in new property prices in July, as the city’s average price for new housing grew 1.6 percent. 上海千花坊女神会所

“The housing policies were relatively loose in cities such as Pingdingshan,” he said.

“With Pingdingshan topping the list, other smaller cities also saw mild growth in

 上海千花坊house prices. The local government needs to strengthen regulations in these cities.”

For pre-owned property, in July, Shanghai, Guangzhou and Shenzhen all saw a growth in prices respectively by 0.4 pe

rcent, 0.4 percent and 0.7 percent compared to June. The 31 smaller cities saw similar trends as the average price r 上海千花坊女神会所

ose by 0.4 percent month-on-month, up 0.1 percentage point from the month earlier.

Yan said July was the peak season for the housing rental market. As rent 上海千花坊

went up during summer, the prices of pre-owned property tended to go up as well.

“A total of 70 cities saw an average 0.4 percent monthly growth in pre- 上海千花坊女神会所

owned property prices,” Yan said. “But the growth rate was smaller compared t

o the same period last year, thanks to the tightened regulation since May.” 上海千花坊

“The local governments have been aiming to stabilize land prices, house prices and market expectations, implementing a

long-term mechanism for real estate regulation in July to sustain the stable dev 上海千花坊女神会所

elopment of the property market,” said Liu Jianwei, a senior statistician at the NBS.

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Citi’s Yap said they wi上海乌托邦 data on the compa

pany’s monetization of games, the timing of online ad recovery, fintech p

roduction traction, and progress in industrial internet and software development.上海乌托邦品茶微信

Chinese tech heavyweight Lenovo Group Ltd saw its profit more than double in the quarter which ended in June, on the back of

a record high personal computer market share and strong performance in its internet data center business.上海乌托邦

Its profit hit $162 million compared with an average estimate of $154 millio

n by nine analysts, according to data service provider Refinitiv. Its revenue rose to $上海乌托邦

12.51 billion, marking year-on-year growth for the eighth consecutive quarter.

Yang Yuanqing, chairman of Lenovo, said the Beijing-based company has cemented its positi上海乌托邦品茶微信

on as the world’s largest PC maker, grabbing a record 24.9 percent market share in the quarter.

“We have seen robust growth in market segments such as gaming PCs, and light

上海乌托邦PCs, with related revenue jumping by about 30 percent year-on-year,” said Yang.

According to him, the company also performed quite well in Japan after it acquired a 5

1 percent stake in Japanese technology firm Fujitsu Ltd’s personal computer business.上海乌托邦

“Our enhanced operational efficiency also contributed to our better profit

s,” Yang said. The company’s gross profit margin hit 16.4 percent in the quarter.

Lenovo’s strong performance came as global PC market rebounded from April to上海乌托邦品茶微信

June. Year-on-year growth during the quarter reached 4.4 percent, which was nota

bly higher than expected as the easing of supply shortages combined with looming trade tensions which increased the上海乌托邦

demand, according to data from the market research company International Data Corp.

“Supply for Intel’s processors improved markedly during the quarter, allowing most PC vend上海乌托邦品茶微信

ors to fulfill old orders while also shipping a healthy supply of new PCs into the channels,” Jitesh Ub

rani, research manager for IDC’s Mobile Device Trackers, said in a research note.

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The explorer said raisin上海419g awareness of conserva

Mainland airlines such as Air China, China Eastern and China So

uthern, all stepped up their efforts to handle inconvenienced passengers. The airlines sai上海419女神会所

d Tuesday they will fully refund or help with ticket bookings for passengers affected by cancellations.Air China, whi

上海419ch canceled 22 flights on Monday and Tuesday, said it will arrange extra flights between Beijing and Shenzhen, Gua

ngdong province, on Tuesday to cope with the passenger demand due to the protest at Hong Kong’s airport.n work dur上海419女神会所

ing the expedition “makes it far more worthwhile” because “protection of the environment is a huge passion of min

nsfer capacity of airports in the Guangdong-Hon

g Kong-Macao Greater Bay Area to avoid disruption to trips between the m

ainland and Hong Kong following recent disruptions at the special administration region’s airport.

It will enhance flight capacity as well as provide easier access for pas

sengers to reschedule or refund tickets, the administration said on Monday.

Mainland airlines such as Air China, China Eastern and China South

ern, all stepped up their efforts to handle inconvenienced passengers. The airlines sa

e”.The idea of trekking the Yangtze River formulated after Dykes visited China in 2010 and felt such a journey wo上海419

uld take him “to the heart of the country”.Dykes said that the journey was not on

ly about challenging himself but about meeting people along the way and he said “the sheer scale and diversity that co上海419女神会所

nstantly changed across China” made it fun.”It was about the locals, the different cultures, customs, and traditions. It has ju

st been amazing,” he said. “I was able to take time out and really soak up the expe

rience because it wasn’t about a speed record, it’s a first and so there was no time limit.”

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Between and Chin上海龙凤419as lifted millionrural poo

oor residents out of poverty, with an annual average of 13.73 milli

on people casting off poverty, more than the entire population of Greece.上海龙凤419品茶微信

— The country still had 16.6 million rural people living below the national poverty line at the end

of 2018, with more than half of them living in the country’s less-developed western region.上海龙凤419

— In 2018, the annual per capita disposable income of rural res

idents in poverty-hit regions stood at 10,371 yuan (about $1,475), double its 2012 level.

上海龙凤419品茶微信 Continued income growth boosted consumption, with the per capita rural consump

tion in poor areas reaching 8,956 yuan last year, representing an average annual increase of 11.4 percent.

— China also offered experience and assistance to other countrie上海龙凤419

s in their poverty-reduction efforts. By the end of October 2015, the country had provided 400 bil

lion yuan of assistance to 166 countries and international organizations, dispatched over 600,000 assistan

上海龙凤419ce personnel and offered medical assistance to 69 countries, according to the National Bureau of Statistics.

Shanghai will promote the development of regional headquar

ters of multinational corporations in the municipality, local authorities said Tuesday.上海龙凤419品茶微信

“Shanghai is home to more than 700 regional headquarters o

f multinational corporations, and it has long been the city with the most regional headquarters and

上海龙凤419foreign-funded research and development (R&D) centers of such enterprises in the Chinese mainland,” s

aid Yang Chao, deputy director of Shanghai Municipal Committee of Commerce.

“The previous criteria for verifying regional headquarters of multinational corporations do not m上海龙凤419品茶微信

atch the asset-light strategy of the companies. We hope to attract more regional headquarters to settle in

the city and to expand their functions as well as speed up upgrading via the new policies,” said Yang.上海龙凤419

The requirement for the total assets of parent companies of regional he

adquarters has been adjusted to 200 million U.S. dollars, according to the policies.

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