Organization at the co上海千花坊女神会所 system with the Wo

onsensus for en上海千花坊女神会所 suring a transition to a climate neutral European Union by 2050 was not reached,” said Romanian President Klaus Ioh

annis. Romania’s six-month presidency at the Council of the European Union will end on June 30.上海千花坊女神会所

At the news conference, Tusk also noted that the biggest risks t

上海千花坊女神会所o the global economic outlook are trade and geopolitical tensions.

“We will take this message to the G20 in Osaka, where we will try to p

ersuade our partners to cooperate, rather than threaten one another,” he said.

上海千花坊This week will be joyful for those who have gotten high scores in their national college e

ntrance examinations, but miserable days for t

hose whose scores may deny them the opportunity to study in a university.

She vowed to follow up, given that the violence has undermined the c上海千花坊女神会所

ity’s long-cherished value of the rule of law, one of Hong Kong’s cornerstones.

“This is something that we should seriously condemn because nothing is more important than the rule of law in Hong Kong,” Lam said上海千花坊.

The clashes escalated as masked protesters, demanding withdrawal of the extradition

law amendment that had been suspended on June 15, broke into the legislative complex at around 9 pm on Monday.上海千花坊

They tore pictures of Legislative Council presidents off the wall, painte

d profane language on the wall and damaged the facility, including chairs and glass cabinets.

On the same day, a large number of demonstrators took to th

e street to march against the government’s extradition bill in a relatively peaceful fashion.

 

www.chitudoudemao.cn

She also said that 9 上海419论坛ish companies are

e small and medium-sized enterprises, many of which are family businesses and contribute the greater part of the country’s GDP.

“上海千花网Poland is known worldwide for the q

uality of its food, such as apples and milk, which are already available on the Chinese m

arket. We believe that Chinese consumers will be more open for new tastes of Polish food in the near future,” Skoczek said.

He said the CISMEF is an international event which features the highest level, largest scale and most wid

e-ranging influence in the Asia-Pacific region and specially serves SMEs. Over the past 13 years, 16 countries and international organizations in Asia, Europe, Oceania, America (North上海千花网

America and South America) and Africa have been invited to host the exhibition, with its international influence growing year by year.

The 14th CISMEF will feature South Africa and the United Nations Industrial Development Organization (UNI

DO). With an exhibition area of more than 1,000 square meters, South Africa will appear with more than 70 characteristic enterpris上海千花网女神会所

es in industries such as agriculture, and services, to promote and present distinctive local products, industrial investment environment and cultural customs. UNIDO will set up

a special promotion area in the International Hall to popularize the knowledge of industry, and provide technical support and projects needed by SMEs.上海千花网

Currently, 31 countries, regions and organizations have confirmed their participation and booked 1,028 booths, including South Africa,

UNIDO, Egypt (first time), Malaysia, Thailand, Cambodia, Myanmar, Greece, the UAE, the United Nations Office for South-South Cooperation, Japan, Poland, Sri Lanka, Russia, Sou

th Korea, Vietnam, Bulgaria, Iran, Nigeria, Germany, Indonesia, the USA, Spain, Australia, Qatar, Brazil, New Zealand, Israel, Taiwan, Hong Kong and Macao.

上海千花网女神会所Responding to the national strategy of opening up, the fair will host several international pavilions featuring the Belt and R

oad; China-Africa Cooperation Mechanism and the Guangdong-Hong Kong-Macao Greater Bay Area; Africa pavilion; Central and Eastern Euro

pe pavilion; Middle East pavilion and Hong Kong; and the Macao & Taiwan pavilion will be set up to present distinctive products and 上海千花网女神会所quality services.

A wide range of practical events, such as the second Asia-Europe SME Financing Seminar, SME Cross-border M

atchmaking Seminar and Business Promotion of Overseas Exhibition Groups and Purchase Presentation, will be held conc

urrently to build a capital, technology and intelligence networking platform for Chinese and foreign SMEs.

With 6,000 standard booths and an exhibition area of 150,000 square meters, the 14th CISMEF is hosted by the Ministry of Industry and Info

rmation Technology of the People's Republic of China, the State Administration for Industry & Commerce, the People

's Government of Guangdong Province, the Department of Small Business Development of South Africa and UNIDO.

www.shlf20.cn

Expectation of Fed ra上海乌托邦s an over-reaction

Herd instinct is the human nature to follow the crowd and act collectively – and market expectation always does not change smoothly but t

上海乌托邦ends to over-react to new information. The current market expectation of the US Federal Reserve’s rate cuts is a case in point.

On June 20, the latest meeting of the Fed’s policy-setting Federal Open Market Committee shrugged off the market’s high expectation of rate cuts and gave no clear policy signal confirming a cut.

We believe the market had overreacted in forming its expectation of rate cuts after the Fed swiftly adopted a dovish tone from the end of last上海乌托邦

year. Specifically, we believe market expectation – it has formed since May – of a change in policy stance, as well as the timing and degree of rate cuts, may not fully materialize.

We will elaborate on this now. It should be noted the misconceived expectation of Fed rate cuts could ind上海乌托邦

uce a drastic reversal in investor sentiment and asset price fluctuations, if the Fed’s moves miss expectation.

Firstly, the market may have overestimated the degree of the Fed’s policy stance change. A clear rate cut signal may not emerge until the end of this month.上海乌托邦

According to Bloomberg, the Fed funds futures market has recently priced in a 98.5-percent chance that the Fed will lower rates at least once this year.

上海乌托邦品茶微信However, the Fed’s earlier forward guidance only indicated the end of monetary policy n

ormalization, which does not necessarily point to the beginning of a rate cut cycle. Also, the Fed h

as removed the word “patient” from the latest FOMC meeting statement but did not confirm a rate-cut stance.

We believe that because of the following two reasons, the Fed is still on cautious lookout, and t

here will not be any clear rate cut signal or plan until the next FOMC meeting at the end of this month.上海乌托邦品茶微信

Externally, the Fed is expected to stand pat until trade dispute uncertainties ease, to give itself an advantage in its game with the US Administration.

The Fed would put itself in an unfavorable position if it initiated a rate cut before majo上海乌托邦品茶微信

r uncertainties over the China-US trade dispute are removed, because the pre-emptive move may enc

ourage the US Administration to escalate the trade dispute, which will in turn pose a dilemma to the Fed.

That’s because any escalation in trade tensions will, on the one hand, d

ssipate and even offset the easing boost from rate cuts and force the Fed to accelerate the上海乌托邦品茶微信

rate cut pace. On the other hand, the escalation could further fuel imported inflation, which will significantly reduce the

Fed’s room for rate cuts. The Fed will then face a policy-making dilemma of whether to further cut rates.

www.shejio.org

Trade talks resum 上海419论坛 wellNew York Stoc

US markets rallied and closed in positive territory Monday on news that Chinese President Xi Ji

 上海419论坛nping and his US counterpart Donald Trump will resume negotiations to resolve the ongoing trade dispute.

Trump said talks are “back on track” and held off on his threat to impose tariffs on an additional $300 billion of Chinese goods. Trump 上海419论坛

said China will buy “a tremendous amount” of US food and agriculture exports while bilateral negotiations are ongoing.

The S&P 500 reached 2,977.86 in midday trading, all all-time high, bef

ore closing at 2964.33, up 22.57 points. Nevertheless, the long-term outlook for the market rema 上海419论坛

ins unclear as US manufacturing dipped close to a three-year low in June amid a worldwide economic slowdown.

“The devil is always in the details,” Usha Haley, professor of manageme

nt at Wichita State University, told China Daily. “I don’t know if Trump is the great m

 上海419论坛品茶微信ediator. But everyone gave a huge sigh of relief that talks have resumed between the US and China.”

Trump eased export sanctions on Huawei Technologies Co Ltd, boosting semiconductor stocks, including Micron Tech

nology, Skyworks Solutions, Qualcomm and Broadcom — and sparking the possibility of a revolt among some Republicans.

South Carolina Senator Lindsey Graham, a strong Trump supporter, told NBC’s Face the Nation on Sund 上海419论坛品茶微信

ay that he’s reviewing Trump’s action and noted, “It’s clearly a concession. There’ll be a lot of pu

shback if this is a major concession. If it’s a minor concession, I think it’s part of the overall deal.”

Neither side sai 上海419论坛品茶微信d when negotiations would resume or established a schedule for completing a deal.

Goldman Sachs called Trump’s decision to ease export sanctions on Huawei a “potential unexpected market friendly outcome”。

Asked at the G20 meeting in Japan if he had removed Huawei from the Entity List that controls the export of technology th

at could compromise US national security, Trump said, “No, not at all” and “We are talking about that” before telling re

porters, “I don’t want to talk about it now, we are looking at it very carefully. Huawei is very much in play.”

sdnxs.org

We value the Chinese market,where we must guarante

tee steady business growth. In the future, we will increase investment in AI applications in the finance and manu

facturing sector, enhance our AI technology, such as machine learning, natural language processing and deep learning, consolidate customer rela

tionships, as well as cultivate the new generation of AI talent for China,” He from SAS China said.

Since World War II, globalization came in two stages. From 1945 to roughly 1975, the United States, Western Europe, and Japan

achieved steady economic growth, with the benefits of that growth spread widely throughout the population. In F

rance, this period is called “30 glorious years” and in Germany it is known as the “economic miracle”.

The second stage of globalization started in the late 1970s and has continued until today with a process of reform and open

ing-up not only in China but in countries of the former Soviet Union and in India.

This has been great for the world. China alone has lifted more than 850 million peopl

e out of dire poverty. But it has also increased competition faced by workers and companies.

The partial globalization of 1945-1975 worked great for average workers in the West. For much of this period, a young perso

n could get a high-paying and apparently secure job in a factory that would allow him to live a middle-income lifestyle.

It’s very hard to believe now, but in 1980, the US city with the highest average wage was Flint, Michigan, followed closely by Detroi

t. Other leading cities in terms of wages were Chicago, Houston, Milwaukee, Youngstown and Cleveland – all

of which were centers of industry and manufacturing. At that time, San Jose, the center of then quite small Silicon V

alley was fourth, San Francisco sixth, and capital Washington was eighth. New York City did not make the top 10.

Many people in the US and Western Europe look back nostalgically on those 30 years aft

er WWII when artificial limits on global competition protected extremely high-paying manufacturing jo

bs. It is very sad to see only empty, rusting factories where thousands of people used to work.

It’s tempting to use tariffs or other protectionist measures to try to

retain the companies that provide these high-paying manufacturing jobs. But, most o

ften the protections just lead to unproductive companies, declining innovation, and slowing GDP growth.

hnslxxw.com.cn

As Kong understands, there are plenty of opportunitie

 for insurance companies in the integrated development of the Yangtze River Delta region, with transportation as a top priority.

上海夜网女神会所”Insurance capital can help the government to boost domestic consumption. A co

mprehensive transportation network connecting railway, subway, ports and even airports has上海夜网

been a longstanding goal of many cities in this area. This is where insurers can play a big role,” he said.

Elderly care is another sector where insurance companies can find big opportunities, said Ko

ng. In early June, CPIC opened an elderly care community in Hangzhou, and is about to launch a new one in Nanjing.上海夜网女神会所

“The idea is to let the senior citizens in Shanghai enjoy quality elderly care services in other parts of the Yangtze River Delta region. Mor

e room in Shanghai can thus be given to ambitious young entrepreneurs to set up their own businesses,” he said.

The integration of risk prevention schemes for peasants in the Y

angtze River Delta region is one more area where insurers can focus on, said Kong.上海夜网

Peasants’ income can be largely increased via products such

as cost insurance, yield insurance, income insurance or one-stop insurance service.

He Haifeng, director of the Institute of Financial Policy, which is a part of the Chinese Academy of Social Sciences, said the int上海夜网女神会所

egrated development of the delta region presents many latent challenges. So, more efforts should be made to r

eform finance and tax areas, to reduce fees in various fields, and improve the overall business environment.

Work on a new film based on a script by novelist Liu Cixin, the first Asian ever to win a global sci-fi literature’s top honor Hugo Award, has just begun.上海夜网女神会所

The movie called Mo Ri Zheng Jiu (The Rescue on the Last Day) will star award-winning Hong Kong actor Nick Cheung Ka-f

ai and veteran actor Hu Jun, best known for the first Sino-Kazakh coproduction The Composer.

Director Shen Yue says that Liu wrote the script before he started to write The Three-Bod

y Problem, which won the Hugo Award for Best Novel in August 2015. The book was first published in 2006.

Zhu Jin, the curator of Beijing Planetarium, will be the film’s chief science consultant.

www.shlf21.com

Meanwhile, the law imposes heavier fines on produce

cers and sellers of defective vaccines. Those prod

ucing or selling fake vaccines shall face a fine of 15 to 50 times the value of the illicit product上海千花坊女神会所

s, while substandard vaccine makers or sellers face a fine of 10 to 30 times the value.

上海千花坊It also raises the threshold for fines, by stipulating that fake or substandard vaccines worth less than 500,000 yuan ($72,908) shall be calculated as 500,000 yuan.

Production and business operation will be suspended for rectification, and drug registration certificates or even pharmaceutical production licenses can be revoked, it said.上海千花坊女神会所

The tough punishments will exert positive impacts on the whole-process supervision of vaccines, said Jiao Hong, head of the National Medical Products Administration.

It will further enhance the quality of the country’s vaccines and boost the public’s confide上海千花坊

nce on vaccine safety, Jiao said at a press conference held after the five-day legislative session closed.

An autopsy will be carried out to help determine the reason behind the death of a 3-year-old girl from Lianyungang, Jiang

上海千花坊女神会所su province, who died after receiving a rabies vaccine, the local government was quoted as saying on Tuesday.

The girl, surnamed Zhang, was scratched by the pet dog of her classmate on April 26. After about 23 hours, she received a freeze-dried rabies vaccine at a local hosp

ital. But early April 28, the girl suffered a febrile convulsion and was rushed to hospital for emergency treatment. She died later that day.

The case has attracted attention from netizens who wondered whether the death could be caused by disqualified vaccines.上海千花坊女神会所

According to The Paper, a preliminary investigation by local health authorities showed

no recipients had adverse reactions after getting vaccines from the same batch between March 11 and April 30.

The investigation also showed the hospital where she was vaccinated and the doctor involv

ed are qualified, the vaccine used was within its validity period and there is no problem found in its

cold-chain transportation. As required by the girl’s family, the hospital has kept a vaccine of the same batch as a sample to check.

www.beiwenya.cn

The matchmaking events have caught the attention

of representatives from Russia, Malaysia, Bulgaria, South Korea as well as the Hong Kong special administrative region and Taiwan.

 上海千花坊The involved parties will hold a total of eight matches in the exhibition hall.

“Since the beginning of the fair, CISMEF has been committed to popularizing the general economic policies made by our State,” He said.

“Topics have been based on the reform of supply-side structures, innovation as an engine, the Belt and Road Initiative and the construction of a new model for an opening economy,” He added.

“The fair has been helping SMEs to better know about economic development, giving solutions to enterprises for solving difficulties 上海千花坊

in their expansion and transformation, providing new perspectives on  上海千花坊女神会所innovation and expanding their horizons in innovation and healthy development.”

In addition to e-commerce, emerging industries – such as smart manufacturing, ener

gy-saving, environmental protection and the electronic information sectors – will also be highlights of the fair.

 上海千花坊女神会所On Sept 21, the media briefing on forums and events for the 14th China International Small and Medium Enterprises Fair (CISMEF) was held in Guangzhou.

Guests present at the briefing included He Zuoxian, deputy director-general of the Guangdong SME Bureau, as well as representatives of forum and event organizers.

As an international service platform for Chinese and foreign SMEs to attract capital, technologies an 上海千花坊

d intelligence, CISMEF will deliver a wide variety of events rich in content and with actual effe

cts, including six key forums and events (China SME Summit, SME Cross-border Matchmaking Activity, 2017 “Maker in China” Innovation & Entre

 上海千花坊女神会所preneurship Competition, the second Asia-Europe Seminar on SME Financing , 2017 Specific Action of the “Belt and Road” Guangdong Tour – Wak

ing into Africa Activities and SME Informatization Application Promotion Activity and Informatization Forum). Mo

re than 40 specialized and supporting forums and events, as well as eight overseas exhibition groups promotion events, he noted.

www.shlf2020.cn

display outside the Kani Doraku restaurant at the

One of Japan’s two “urban prefectures”, Osaka is home to the country’s thir上海419论坛

d-largest city and its commercial center, having played a vital role in Japan’s economy for ov

er 1,700 years. This summer, it expects to gather around 30,000 people for the G20 summit, the centerpiece of the 2019 G20 meetings.上海419论坛

Tourists may be disappointed by being unable to access the i

conic, gull-winged Osaka Castle, which is expected to be used as a backdrop for G20 events.

上海419论坛Some 700 schools in the city will close on the summit days in order to reduce congestion, according to local press reports.

The participants are leaders from 19 countries and the European Union. The 19 countries are A

rgentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy

上海419论坛女神会所, Japan, Mexico, Republic of Korea, Republic of South Africa, Russia, Saudi Arabia, Turkey

, United Kingdom and United States of America. In addition, leaders of invited guest countrie上海419论坛女神会所

s and representatives of invited guest international organizations

will participate in the summit along with leaders from the G20 members.

The host country of the G20 summit leads the group over the course of one year from Decemb

er through the following November as the G20 presidency. The G20 presidency also organizes relevant ministerial and working group meetings.

Together, the nations of the G20 account for around 80 percent of global economic out

put, nearly 75 percent of all global trade, and about two-thirds of the world’s population.

上海419论坛The G20 was formed in 1999, in the wake of the Asian financial crisis, to unite finance ministe

rs and central bankers from twenty of the world’s largest established and emerging econom

The G20 initially focused largely on broad macroeconomic policy, but it has expanded its ambit. The 2018 summit in Argentina

focused on fair and sustainable development, while the previous summit in Germany drilled down on issues including corruption, money laundering and international tax havens.

Economic and financial coordination remains the centerpiece of each summit’s agenda, but issues such as the

future of work, terrorism and global health are recurring focuses as well. This was increasingly true in the d

ecade following the global financial crisis, when the G20 was able to turn its attention beyond acute economic crisis management.

ies. A decade later, at the height of the global economic crisis, the G20 was elevated to include heads of state and government.上海419论坛女神会所

guapogang.cn

In a message posted o上海会所品茶微信ite, Japanese Pr

 Prime Minister 上海会所品茶微信Shinzo Abe said Japan is determined to lead global economic growth at the Osaka summit

by promoting free trade and innovation, achieving both economic growth and the reduction of disparities, and c

ontributing to the development agenda and other global issues with the UN’s Sustainable Development Goals at its core.

He said Japan will lead discussions on the supply of global commons such as quality infrastructur

e and healthcare for realizing economic growth around the world, adding that ways to resolve issues suc

h as climate change and the amount of plastic waste in oceans will also be discussed.

Wise investmentsThe summit is also expected to address the digital economy and issues that arise from an aging society.

Nicholas Stern, chairman of the Grantham Research Institute on Climate Change an

d the Environment at the London School of Economics, said the most important issue for G

www.changjiangjiaoxiang.cn