Besides, Japanese Pri 上海后花园Shinzo Abe wants to

o portray himself as a strong leader who brooks no nonsense so his ruling Liberal Democratic Pa

rty, along with its coalition partner Komeito, can win two-thirds of the seats in the upper house election on S 上海后花园女神会所

unday. To some extent, Japan also intends to show the United States that it will respond aggressively to any moves it con

 上海后花园女神会所siders harmful to the country, so that the US stops coercing Japan to compromise its economic interests.

Yet in so doing Tokyo has adopted the US’ unilateral strategy of using economic sanctions to resolve non-economic issues. This will harm the RO 上海后花园

K as Japan expects, but it will also deal a blow to the regional economy and stability by hindering the progress of the China-Ja

 上海后花园pan-ROK free trade agreement, especially because Seoul is mulling taking countermeasures against Tokyo, which cou

ld worsen the situation, and the US is not expected to sincerely mediate between its two allies. 上海后花园

The trade spat between the two neighbors has its roots in a series of events including the 2018 radar lock-on dispute, the closi

 上海后花园女神会所ng of Japan-funded “comfort women” foundation and the controversy over some ROK officials demanding the Ja

panese emperor’s apology for Japan’s war crimes. And the Abe administration’s displeasure with Seoul’s policies under Presid 上海后花园女神会所

ent Moon Jae-in, as reflected in Moon’s engagement with the Democratic People’s Republic of Korea, has boiled over.

But Tokyo’s move to wield the high-tech stick could draw the two countries into a vicious circle of attack and retaliation, in part 上海后花园

icular, because Seoul could respond in kind to what Moon said was an unprecedented emergency. In fact, anti-

 上海后花园女神会所Japan sentiments are raging through the ROK with some shops ceasing to sell Japanese products.

The latest Tokyo-Seoul conflict has not only created new problems for b

ilateral ties but also threatens to weaken the economic and political fabric of East A 上海后花园

sia, which would be detrimental to the further integration of the regional economies, and make it more difficult for the

world to maintain economic stability and prosperity in the face of increasing trade disputes. 上海后花园女神会所

The deteriorating relations between Tokyo and Seoul have caused much worry amon

g US elites, too, because the US’ alliance with the two countries has helped Washington to consolidate its str 上海后花园

ategic foothold in the Asia-Pacific region while Japan’s actions against the ROK could push the latter closer to China on

economic and strategic issues. But despite the souring of relations, Japan and the ROK are not likely to engage in a se 上海后花园女神会所

curity conflict, because the ROK remains highly dependent on the US when it comes to security.

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Khoo said that they上海千花坊vited to Guangzhou in Janu

uary and it only took four months to reach an official agreement with the CSGKC administrative committee.

Biopharmaceuticals company InnoCare entered the CSGKC last year. Its founder and CEO, Cui Jis上海千花坊女神会所

ong, said the company will set up a production base in the CSGKC. Their first independent patented

上海千花坊new drug will hit the market by 2020 with an estimated sales value of 10 billion yuan.

Meanwhile, a General Electric bio-campus and an oncother

apy medicine manufacturing center of the international pharma company BeiGene wi上海千花坊女神会所

ll finish construction in the CSGKC this year. It will lead a new stage of development for the knowledge city.

Liu Jian, senior vice-president of BeiGene, said that the production center started construction in 2017. It is exp

上海千花坊女神会所ected to begin operating in the third quarter of 2019, with a production capacity of 24,000 liters of biological agent.

The CSGKC is also designated as a State-level pilot zone for the comprehensive reform of IP use and protection by the Sta上海千花坊

te Council. It has attracted the Patent Examination Cooperation Center of the National Intellectual Property Ad

ministration in Guangdong to settle in CSGKC. They are an important partner to build a whole IP chain in the area.上海千花坊女神会所

The center assesses patent invention applications, searches international patents and international preliminary applic

ations under the Patent Cooperation Treaty. It has processed 706,000 patent filings to date.上海千花坊

The center can handle more than 150,000 filings every year, covering machi

上海千花坊女神会所nery, electricity, communication, medicine, chemistry, optoelectronics and materials sectors.

Qiu Jiangwen, deputy director of the center, said it will participate in the Bay Area

‘s IP cooperation mechanism and promote the IP culture through various activities.上海千花坊

The local government is striving to improve the local investm

上海千花坊女神会所ent environment with better policies, infrastructure and public facilities.

Among them, the local government will provide housing and rent subsidies for professionals working in the CSGKC.

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Re-weighting of indexes 上海会所affect capital flows

Major stock and bond index providers have started, or have announced that they inten

上海会所d, to increase the weighting of China’s securities in their respective benchmark indexes over the course of 2019-20.

Global index provider MSCI Inc. announced in February that China’s coverage in the MSCI上海会所品茶微信

Emerging Market Index will increase from its coverage of 235 large-capitalization A-shares to 253 la

上海会所rge-and 168 mid-capitalization stocks. On a pro forma basis, A-shares will constitute 3.3 percent-a significant inc

rease from the current 0.7 percent-of the MSCI-EM Index when the process is completed in November.

The FTSE Russell, the first international index provider of the Chinese mainland’s benchmarks 20 years ago, has elevated Chi上海会所

na’s A-shares to emerging market status and started adding them to the FTSEEM Index from June 24, 2019. Upon f

上海会所品茶微信ull implementation of phase 1 by March 2020, the A-shares will make up 5.7 percent of the index.

And the Bloomberg Barclays Global Aggregate Bond (GAB) Index started the process of including China’s yuan-den上海会所

ominated government and policy bank bonds as a constituent on April 1. Other index providers, such as the FTSE R

ussell and JPMorgan, are reportedly also considering adding China’s debt to their indices.上海会所品茶微信

The MSCI, FTSE Russell and Bloomberg Barclays GAB indexes cover a

sizable share of the investible markets in the world. For example, the MSCI-EM alone is tr

上海会所acked by an estimated $1.9 trillion in assets under management (AUM) from pensions, endowments, passive funds, and

other investors. And the re-weighting of these major global investment indexes is expected to result in a re-allocation of capit

al across emerging markets. As a result, China’s asset market will inevitably become more important for glo上海会所

bal investors, notwithstanding the “noise” created by the ongoing US-China trade tension.

上海会所品茶微信Welcome shift for Chinese firms and global investors

An increased weighting for China’s securities in these indexes in the MSCI would me

an a larger allocation of AUM by foreign fund managers into the Chinese markets. While this shift would b上海会所品茶微信

e a welcome development for both Chinese enterprises seeking financing and global i

nvestors searching for emerging opportunities, it potentially represents bad news for other emerging markets.

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eijing book expo brings 上海贵族宝贝literature to the youn

The fifth China Children’s Book Expo (CCBE), taking place in Beijing’s Cultural Palace of Natio

nalities through July 23, explores new ways of introducing literature to the young in China.上海贵族宝贝

With 161 precious Chinese cultural relics, the exhibition Three Kingdoms: Unveilin

上海贵族宝贝g The Story opened to visitors at the Tokyo National Museum in the Japanese capital on July 9.

In order to let Japanese audience have a deeper understanding of the cultural essence of China, and to strengthen the cultural上海贵族宝贝品茶微信

exchanges between the two countries, Chinese and Japanese experts spent three years visiting more than 50 cultural

上海贵族宝贝institutions in more than 20 provinces and autonomous regions in China to select the exhibits.

This year marks the 70th anniversary of the founding of the People’s Republic of China. In response to a call from the Communis

上海贵族宝贝t Party of China (CPC) Central Committee, the CCBE aims to promote to the Chinese public.

Hosted by the Xicheng district government in Beijing and the Publishers Association of China, the expo focuses on the i

nternational exchange of children’s books. It gathers works from major publishing houses abroad and in China, throu上海贵族宝贝品茶微信

gh a variety of activities, to open up the world of literature and illustrations to children.

上海贵族宝贝The expo hall is divided into sections, including a reading area, boo

k display, international illustration gallery and a writer meet-and-greet zone.

上海贵族宝贝Over 10 publishers have brought around 35,000 children’s books to the event that will feature 108 activities for visitors.

Noteworthy of the event is the attendance of international children’s b

ook publishing brands such as Scholastic, DK, Penguin Books and HarperCollins, whi上海贵族宝贝品茶微信

le the picture book exhibition onsite comprises award-winning works in 11 different languages.

上海贵族宝贝Different from conventional book expos, the CCBE combines printed books with immersive child-friendly activities – attend

ees will be able to explore reading through AR devices, reading games and live theater performances.

Exhibitors and visitors are also welcome to donate children’s books, which will later be transported to poverty-stricken areas in Chin上海贵族宝贝品茶微信

a.A three-day forum focusing on the creativity of Chinese writers and illustrat

ors and the evolution of children’s books in the digital era will take place during the expo.

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That said, the implicatio上海会所al flows from the re

weightings and consequent portfolio rebalancing should

not be viewed in isolation. In particular, the investment index chan上海会所品茶微信

ges will be phased in over many months, which will allow investors to gradually and smoothly re-allocate th

上海会所eir investments, thus mitigating the impact on volatility; and the continuing inflow

s of new AUM across constituent markets, which should help to further smooth capital flows.上海会所品茶微信

The author is a financial sector specialist with the ASEAN+3 Macroeconomic Research Office (AMRO), a regional m上海会所

acroeconomic surveillance organization. This is an excerpt from the organ

ization’s latest report. The views don’t necessarily represent those of AMRO or China Daily.上海会所

Multiple local governments including those of Handan in Hebei province, Jinan in Shand

上海会所品茶微信ong province, and Tianjin have banned the so-called Beijing Bikini-which refers to men who roll up their sh

irts or T-shirts to expose their bellies in public places in summer. Aimed at promoting civilized behavior, the ban is a tim

ely move as the “Beijing Bikini” is considered offensive, especially by women.上海会所

Yet the good intentions of the local governments cons

上海会所titute only the first step toward promoting civilized behavior, par

ticularly in public places. So the authorities should consider all possible options

and devise an appropriate plan to ensure the ban on Beijing Bikini is actually implemented.上海会所品茶微信

In this regard, Handan’s move offers some food for thought, as civic inspectors in Hanshan district gift a T-shirt to men in B上海会所

eijing Bikini to cover themselves up. This method of correcting uncivilized behavior in a c

ivilized way reflects proper social management and sends a goodwill signal to the people in general.

上海会所品茶微信However, it is necessary to make certain facts clear, and adopt the most appropriate m

ethods to deal with the issue. For instance, men in Beijing Bikini cannot be held guilty of committing an of

fense. At most, their behavior may be deemed uncivilized. In sociological terms, the

act of a man wearing nothing above the waist could be defined as minor transgression.

changhaisheng.cn

The interim regulation 上海夜生活 clear language of the

 law in several respects,” Stephen Legomsky, a former chief coun

sel of the US Citizenship and Immigration Services, told Reuters in an email.上海夜生活

In January Trump required many asylum-seekers to wait out their cases in Mexico, known as the

上海夜生活女神会所”Remain in Mexico” policy or the Migrant Protection Protocols (MPP), with nearly 20,000 pe

ople sent back so far. It was not immediately clear how the new rule would affect MPP.上海夜生活

As an internationally renowned instrumentalist of the pipa (a plucked string instrum

ent with a fretted fingerboard), Wu Man for decades has spared no effort in promoting the tradit上海夜生活

ional Chinese musical instrument throughout the world. Given her virtuosity and collaborations across disci

plines, she has been nominated several times for the Grammy Award for Best Instru

上海夜生活女神会所mental Soloist Performance (with orchestra) and Best World Music Album. Her performances, with mus

icians from various countries, have captured the hearts of numerous music enthusiasts from around the world.上海夜生活

Wu, who has lived in the United States for the past 29 years, often misses the “good old days,” when she drank tea with her frie

nds by West Lake (in Hangzhou, East China’s Zhejiang province), accompanied by soft pipa tunes.

Born into a family of art in Hangzhou, Wu lived, when she was a little girl, in a compound inhabited by families (of art), whose上海夜生活女神会所

members worked for Peking Opera troupes, song and dance troupes and academies of fine arts. Influenced by her l

iving environment, Wu developed an interest in performing arts during her early childhood.上海夜生活女神会所

In 1977, Wu was admitted to the Central Conservatory of Music Middle School, in Beijing. Her sco

re for pipaperformance ranked first among candidates in the country. From 1981-1987, she studied at th

e Central Conservatory of Music (in Beijing), where she became the first recipient of a master’s degree in the p上海夜生活女神会所

ipa(in the country). Then, she began teaching at the school. However, she was not satisfied w

ith the “stable life.” In 1990, she traveled — alone — to Los Angeles (LA), to pursue further studies in the pipa.

www.pineapplehouse.cn

ump administration mov上海后花园p more immigrants

The Trump administration on Monday moved to bar almost all immigrants from appl

ying for asylum at the country’s southern border, requiring them to first pursue safe上海后花园女神会所

haven in a third country through which they had traveled on the way to the United States.

上海后花园The Department of Homeland Security, in a statement issued with the Departme

nt of Justice, said the interim rule would set a “new bar” for immigrants “by

placing further restrictions or limitations on eligibility for aliens who seek asylum in the United States.”

The American Civil Liberties Union called the new rule “patently unlawful” and vowed to file a lawsuit.上海后花园女神会所

The rule would make it all but impossible for applicants seeking p

rotection from persecution unless they first apply for asylum in “third count

上海后花园ry” such as Mexico or Guatemala, through which they traveled en route to the United States.

It was just short of a “nuclear option, close to something like shutti

ng down the border,” said Jessica Vaughan from the Center上海后花园女神会所

for Immigration Studies, which supports increased immigration restrictions.

上海后花园uatemala, which both sends migrants the United States and receives Hondurans and Salvadorans passing through, said on Sunday it wo

uld postpone President Jimmy Morales’ visit to Washington to discuss Guatemala’s potential designati

on as a “safe third country” for asylum seekers, stressing it had no plans to sign such an agreement.上海后花园

The proposed changes, set to become official on Tuesday, represent the latest effort by the Trump administration to c

rack down on immigration, the signature issue that helped propel Trump to the Wh上海后花园女神会所

ite House in the 2016 election and one already figuring prominently in the 2020 campaign.

The change 上海后花园would also place an even higher burden on Mexico, w

hich has been somewhat cooperative with US efforts to slow Central American immigration.

Mexico pushed back on Monday, saying asylum-seekers上海后花园女神会所

rejected by the United States should have to go back to their home countries, not Mexico.

Mexican Foreign Minister Marcel Ebrard said the new US rule would not unila上海后花园女神会所

terally convert Mexico into a designated “safe third country,” a status that would

oblige it to offer asylum to those who entered its territory en route to the United States.

www.improvecfan.cn

More than half of the in上海千花坊tput in the first fiv

 months this year was from non-CISA members, whose clean capacity cannot be guaranteed, he emphasized.

Liu Bingjiang, head of the Ministry of Ecology and Environment’s air quality management department, said at the same fo上海千花坊品茶微信

rum that it is unfair for companies with high operational costs on environmental protection to compete und

上海千花坊er the same market conditions against those investing little into environmental protection.

The authorities will bring in industrial associations to tighten emissions assess

ment on steel producers when granting exemptions from production restrictions, he said.上海千花坊

Those with poor environmental protection records or that scheme to cheat the assessment will be severely punished, he said.

上海千花坊品茶微信Currently, China enforces steel production restrictions in key areas on days forecast to have heavy air pollution, and

roducers with ultra-low carbon emissions are allowed to have lower or no production cuts.

More than 60 steel producers in key areas, with a total crude steel capacity of 260 million上海千花坊

tons, have upgraded to meet ultra-low carbon emission standards, according to Liu.

上海千花坊品茶微信China expects 60 percent (340 million tons) of existing crude steel capacity in key areas

to be made with ultra-low carbon emissions by 2020, according to a ministry guideline released this year.

Li Xinchuang, president of the China Metallurgical Industry Planni

g and Research Institute, said that to achieve low-carbon emissions involves upgrades in上海千花坊

the whole process of steel production, and more attention should be paid to procedures such as raw materials tra

上海千花坊品茶微信nsportation and storage, which often generate emissions that are difficult to contain.

China’s oil and gas industry saw steady growth in 2018, with expansion reported in both pr上海千花坊

oven reserves and annual output, according to the Ministry of Natural Resources on Monday.

In 2018, national exploration of oil and gas saw a total investment of 63.66 billio

n yuan (about $9.26 billion), up 8.9 percent year on year, the ministry said in a report on its website.上海千花坊品茶微信

Investment in oil and gas exploitation rose 24.7 percent to reach 203.11 billion yuan, according to the ministry.

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Following the DPP’s id上海419aking Taiwan an ind

ependent entity, the island leader Tsai Ing-wen and other DPP officials have intensified their pro-ind

ependence activities, especially in the fields of education, culture and administration, sinc上海419

e she took office in 2016. In fact, Lai Ching-te, Tsai’s rival in the island’s next leadership election in January 2020, ope

上海419品茶微信nly pitched himself as a worker for “Taiwan independence” before stepping down as the head of the executive body.

To send a clear message against secessionism to the Tsai admini

stration and give a strong warning to separatist forces on the island, the mainland has h上海419

eld military exercises in the Taiwan Straits and sent warplanes and warships around the island.

上海419品茶微信But at the instigation of the US administration, thanks to its acts and resolutions and promise of support, the DPP co

uld try to further push forward its “pro-independence” agenda and cross the red line and worsen the situation ac

ross the Straits. Therefore, the US should review its policy and stop selling dreams to the Taiwan authorities.上海419

The Taiwan Assurance Act of 2019 is a serious violation of the one China principle a

上海419品茶微信nd the three joint communiqués, which the Sino-US relationship is built on. The US’ int

erference in China’s internal affairs will not only endanger one of the world’s most important bilateral ties and jeo

pardize peace and stability in the Asia-Pacific region, but also increase the possibility of the mainland using w上海419

hatever means necessary to realize the final reunification of the island with the motherland.

上海419品茶微信The US has frequently meddled in Taiwan affairs, which has significa

ntly undermined Sino-US ties, creating worries and risks across the Straits.

But since China is committed to safeguarding its sovereignty and territo

rial integrity, and achieving national reunification, the US should not hope to succ上海419品茶微信

eed in its design of splitting the country by leading the island authorities down the garden path.

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will enter service in th上海千花网Shenyang institute a

d Shenyang Aircraft Corp’s latest major accomplishment, following

the J-15 carrier-based fighter jet and the half-century-old J-8 series fighter jet.上海千花网

Last week in Shenyang, AVIC marked the 50th anniversary of the J-8’s maiden flight, as well as the 10th anniversary of J-15’s first flight.

上海千花网品茶微信The J-8 was China’s first domestically developed combat plane capable of executing high-altitude, high-speed opera

tions, and the series has several variants still in service with the PLA Air Force and PLA Navy. The J-15 is the s

pearhead of the Navy’s carrier battle group and has taken part in many long-distance combat exercises over open seas.上海千花网

Financial service providers in the Guangdong-Hong Kong-Macao Greater Bay Area are

上海千花网seeking to attract investors with more cross-border products, as the area gains increasing popularity globally.

Some experts believe it is time to establish an integrated market and sup

ervision mechanism in the area to facilitate the development of its financial industry.上海千花网品茶微信

A survey of about 4,000 people living in the area by the Shenzhen Financial Society showed 70 percent of inte

上海千花网rviewees said cross-border consumption needs to be more convenient. Half expect an easing in po

licies related to the purchase of cross-border wealth management and insurance products.

With that in mind, many financial firms are competing to launch more convenient cross-border products this year.上海千花网

CGB (China Guangfa Bank) said on July 5 to lower the threshold for Hong Kong and Macao citizens to apply for credit card

s so they do not need to provide extra deposits, collateral or complicated certificates of income and employment.

上海千花网品茶微信Lyu Shengnan, assistant president of CGB’s Credit Card Center, said ow

ning mainland credit cards could help Hong Kong and Macao citizens to set up pe

rsonal credit records so it is more convenient for them to borrow for vehicle and property loans in the future.上海千花网品茶微信

In addition, she said the bank is opening its first branch in Hong Kong soon.

Bank of China in March also launched a pilot program in Hong Kong f

or local citizens to open mainland accounts without having to travel there for the app上海千花网品茶微信

lication. The account can be linked to mainland mobile payment applications for convenience in digital payments.

UnionPay, on the other hand, has lifted the burden on Hong Kong and Macao citize

ns in setting up mainland bank accounts to make a cross-border payment while charging no extra service fee.

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