To bring an end to the protests sparked by the proposed amendments to the special administrative region’s extradit

ion law, Hong Kong’s Chief Executive Carrie Lam Cheng Yuet-ngor announced on Tuesday her ad上海千花网

ministration’s decision not to restart the suspended legislative process for the amendments, saying the “bill is dead”.

上海千花网女神会所The demonstrations, some of them violent, have threatened the health of the city’s economy and thus the well-being of its resi

dents, and Lam also unveiled a raft of practical initiatives aimed at strengthening communication between th

e SAR government and the public, with the ultimate objective of improving governance in the SAR.上海千花网女神会所

It might be demanding too much of those leading the protests to have the kind of vision and political courage exhibited by the chief exec

上海千花网utive in her willingness to make compromises in policymaking in the face of public opposition. But they sh

ould have the wisdom to realize that persistent political conflict and unrest do not bode well for the city and residents, es

pecially at a time when the local economy is still licking its wounds from the ongoing Sino-US trade row.上海千花网女神会所

Hong Kong’s economy has slowed significantly over recent months, with the yea

上海千花网r-on-year GDP growth having eased to 0.6 percent in the first quarter of this year — the

slowest expansion in a decade — as both foreign trade and domestic consumption have been hard hit by the tra

de conflict between the Chinese mainland and the United States, the city’s two largest trading partners. Any es上海千花网女神会所

calation of the social conflict witnessed recently will only further harm Hong Kong’s economy and people’s livelihoods.

上海千花网Yet, the organizers of some of the mass rallies have said they will announce

more protests in the coming days until the bill is officially withdrawn from the legi

slative agenda. But more social unrest will only hinder efforts to tackle the fundamental problems that have a ta上海千花网

ngible effect on the lives of Hong Kong residents, particularly the younger generation — such as the severe housing s上海千花网女神会所

hortage, lack of social upward mobility and the widening wealth gap, which have fueled the social discontent.

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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.

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nce and other tec上海千花网女神会所hnologies, some traditional professions will be replaced by new ones and universities n

eed to update their specializations so as to meet the changing demands of the workplace.

If anything, the national college entrance examination can be compared to a way station in a person’s life journey. It is hard to do a great job in gaokao, but it is even

harder to equip oneself well enough, whether at college or not, for what will unfold in the next section of the journey.

The growing number of gaokao examinees has resulted in an intensified scr

amble to squeeze through the doors into university, with accompanying pressure of being a winner or lo

ser in that competition. Yet the changing nature of work means that for some, vocational education may be the bes

t way station that better serves their interests and offers the path to a rewarding career.

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inistrative Regio上海千花网品茶微信n’s decision to suspend legislation on proposed amendment

s to the city’s extradition laws received wide support and understanding from various sectors, as it i

s believed this move will help allay social disputes and ensure the city’s long-term stability and prosperity.

On Saturday, the region’s Chief Executive Carrie Lam Cheng Yuet-ngor announced the decision to restore c

alm and order in society after concerns, doubts and even conflicts were seen over the amendments.

The suspension would allow the government to further communication with all sectors o

f society, better explain the proposed legislation and listen to different views on the matter, Lam said.

The decision received support from central government bodies including the Hong Kong and Macao Affairs Office of the St

ate Council, the Foreign Ministry and the Liaison Office of the Central People’s Government in the HKSAR.

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e trade zones上海千花网品茶微信j as a strategic means to play geopolitical and geo-economic games, China should accelerate the b

uilding of free trade zones with other countries under the bilateral or multilateral investment ag

reement framework for a diametrically opposite purpose: boosting global economic cooperation.

The focus of international trade policy has shifted from tariffs and licensing to convenient inves

tment and trade facilitation policies, and creating of a business-friendly climate. So while ope

ning up the domestic market and helping improve the utilization of foreign capital, China should also work out de

tailed rules on the foreign investment law, take steps to remove the obstacles to outbound Chinese investments, promote th

e free flow of global and domestic production factors, and expand its economic development space.

Important to reform global governance system

To stabilize the economy and prevent risks, China should seek more govern

ment-funded infrastructure investment projects in fields such as 5G networks, intellig

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Trip will includ上海千花网女神会所e bilateral talks with leaders of nations at regional organization’s meeting

China will sign an array of cooperation agreements with Kyrgyzstan and Tajikistan during President Xi Jinping’s state visits to the

two Central Asian countries to further strengthen their ties, a senior diplomat said on Monday.

As an important outcome of Xi’s visits, Beijing will also sign a joint statement with each country on furthering their com

prehensive strategic partnerships, Vice-Foreign Minister Zhang Hanhui said at a news briefing.

Xi will also attend the 19th meeting of the Council of Heads of State of the Shanghai Cooperation Organization in Bishkek, the Kyrgyz

capital, during his stay from Wednesday to Friday, as well as the fifth summit of the Conference on Interaction and

Confidence Building Measures in Asia in the Tajik capital of Dushanbe during his visit from Friday to Sunday.

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novation needs to play a bigger role in driving technological innovation,” Li urg

ed, “It will also help incentivize innovation in both application and basic research.”

Support will be given to innovation and entrepreneurship centers in u

ndertaking pilot programs in the approval and implementation of science and tec

hnology projects, rights confirmation of research findings and commercialization of research results.

The meeting also decided to build platforms for business startups and inno

ation, and to promote the integrated development of companies of different sizes.

Incentive mechanisms regarding stock rights and remunerations

will be further refined to promote innovation by enterprises of all types.

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he next five to seven years, China’s policy support for new energy vehicles will drive g

lobal growth,” said Kou Nannan, head of research at Bloomberg New Energy Finance.

As early as in 2012, the State Council introduced a pipeline to guide the development of the natio

n’s EVs, with a goal of producing 2 million units and selling 5 million EVs by 2020. Later on, cent

ral and local governments carried out a series of subsidy policies in the NEV industry, such as purchase tax exemption an

d purchase subsidies, to offer greater support to the industrialization of China’s NEV industry.

According to the agency, China will specifically lead in the e-bus market. It is estimated that by

2025, China’s e-bus fleet share will reach 50 percent, and by 2040, the ratio will rise to roughly 80 percent.

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heir Sherpa guides had taught them how to maintain healthy blood circulation and remain safe in crowded conditions, she said.

This spring, 144 foreign and 12 Chinese climbers have also attempted to con

quer Qomolangma from Tibet, according to the Tibet Mountaineering Association. “D

espite having a smaller number of climbers, traffic jams also happened on the Tibetan side,” Ma said.

“Crowds are usual on some mountains. It’s not a new phenomenon. Climbers often lose their live

s when they don’t follow the instructions of Sherpa guides and make decisions on their own,” Kami Ri

ta, an experienced Sherpa who has reached Qomolangma’s summit 24 times, told Xinhua News Agency.

Sherpas are aware of every twist and turn and which paths to follow up mountains, so he urged the Nepali government to dis

courage mountaineers from climbing mountains without guides in order to prevent casualties.

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trade, they could decline by 0.134 percent, 0.323 percent and 0.869 percent. Th

e US tariff hikes therefore will increase the economic pain of the US and world economies.

Agricultural products, chemicals and chemical products, textiles and g

arments are the main US items targeted by China’s higher tariffs. But despite the higher tar

iffs providing some protection for domestic industries, Chinese consumers might have to pay more to purchase them.

In the first four months of this year, the volume of Sino-US trade dropped by 15.7 percent to $161.23 billion. In terms of product

structure, US exports of raw materials and foods to China saw the biggest decline, among which the export of so

ybeans plummeted by half in March compared with the same period last year. And US exports of plant products, mi

nerals, jewelry and precious metals declined by more than 85 percent in the first quarter.

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