rvingly opening to the outside world to increase its resilience to risks
ulder 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.
ro, 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.
i, 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-Pa
cific 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.
ram may harm banks’ capital adequacy, regulators will support banks to issue perpetual de
上海千花坊bt – a type of debt without a maturity date – to re
plenish their capital. Foreign investors will also be allowed to own st akes in the financial investment firms that take part in the debt-for-equity swaps, the guideline said.
hile, the guideline said that good-quality and com上海千花坊女神会所 petitive companies with high leverage ratios will be encouraged to participate
in the program and the country will step up effort
s to enhance asset pricing of swaps. 上海千花坊Various measures will also be unveiled to lower corporate leverage and properly handle the debt issues of loss-making “zombie c
nies”, the guideline said, urging financial institutions to keep monitoring the risks of corporate debt. Li Longhai, an analyst at Dongguan Securities Co上海千花坊女神会所
Ltd, said that the measures will help banks offload distressed debt from their
balance sheets and will help ease the pressure from the rising nonperforming loans.
“It will also benefit private companies and help them resolve debt risks. And it could sav
上海千花坊女神会所e companies that have strong growth potential but are in temporary difficulties,” Li said in a research note.
As of June 30, the contract value of the debt-for-equity swap program reached 2.4 trilli
on yuan ($350 billion) with about 1 trillion yuan already in place and ready for investment. The value of new contr上海千花坊
acts of debt-for-equity swaps signed in this year reached 390 billion yuan, according to the NDRC.
上海千花坊女神会所Zeng Gang, deputy director of the National Institution for Finance and Developmen
t, said: “The debt-for-equity swaps will improve the financing ability of companies, reduce
their borrowing costs and boost their profitability as well as their business sustainability.”
More than 100 students shared their family stories at an exhibition at Shanghai Jiao Tong
University that celebrates the 40th annive
rsary of China’s reform and opening-up.上海千花坊女神会所 Wang Yan, dean of the School of Marxism at the university, says that the exhibition aims to foster a greater recognition of socialism
上海千花坊with Chinese characteristics and encou
rage students to contribute to the future development of the country. The exhibition at the university’s Qian Xuesen Library and Mus
eum ended on Dec 31. It features works based on students’ communication with their family m上海千花坊
s about the times before the reform and how the opening-up initiatives have transformed the country. Exhibits include photos of families, hometowns, stamp collections and memoirs.
ongbo, an undergraduate majoring in electronic information, expla ins his work at the exhibition: “My grandfather showed me a congratulatory letter he w
as awarded with when he was an aeronautical doctor at the Lanzhou Military Area Command in northwestern China.上海千花坊
“During a military exercise, smoke suddenly appeared in the cabin of a plane after it landed. Only
my grandpa noticed the situation immediately. He ran toward the plane, boarded it and dragged the pilot out.
上海千花坊女神会所”A piece of debris from the plane’s explosion left a scar on my grandpa’s face, and he calle
d it badge of honor. I am proud of him and will grow up to be a man like him, devoted to the country and its people.”
Cao Hong from Zhiyuan College also shares a story about his father’s generation in his hometown of Zixi in Fujian province.上海千花坊
“Before the reform and opening-up, the village mainly relied on gro
wing rice, vegetables and green tea at the foot of the Dagu Mountain,” he says.
上海千花坊女神会所”Farmers had to take a long journey through the rugged landscape of steep, rocky
hills and winding roads in the mountains to sell their produce in the county center.
saw a drop in profit can be complicated. On one hand, last year’s tax crackdown and tightened regulatory policies in taxes have ce
rtainly struck some major players, costing t
hem both time and money to pay the fine and restructure their上海千花坊 businesses,” said Chen Shaofeng, a professor in culture and entertainment at Peking University.
other hand, China’s film box office market is heading toward saturation, which m eans that the profit surge that many entertainment companies saw in the past is less likely to happen,” Chen added.
om the National Radio and Television Administration showed box office revenue in the first half of 2019 in China stood at 31.17 billion yuan, down 2.7 per上海千花坊
ar-on-year. Cinema visits dropped 10.3 percent year-on-year to 808 million visits within the same period. Chen believes, though, the companies will bounce back.
上海千花坊女神会所”The industry is still likely to see a boom in the near future as there is more market pote
ntial to be tapped, such as film derivatives (toys and figure models), various genres of intellectual properties or t
rans-media storytelling (presenting the story with multiple platforms like films, TV shows, and games),” Chen said.上海千花坊
“Such approaches to IP development can be an effective way to generate more revenue for entertainment companies,” he added.
Wanda and Huayi said in their statements that losses were due上海千花坊女神会所
to a lack of projects premiering in the first half of the year. Most of Huayi’s film projects such
as The Eight Hundred directed by Guan Hu would premiere in the second half of 2019.
“It’s common that entertainment companies adjust their film distribution plans based on market de上海千花坊
mand, and choose to release their films during a certain period of time to maximize their profits,” Chen said.
“But it is certainly not the reason why a majority of entertainment
companies saw a drop in profit. Although it is common for entertainment companies to premie上海千花坊女神会所
re their major film projects in second-half seasons with peak demand, it is unlikely for most of them to do so at the same
time, as the first half of the year also has many peak movie-going seasons,” said Chen.
e promotional campaigns on video-streaming sites has borne fruit. For example, the restored version of the 2010 TV histori
上海千花坊cal comedy-drama, Li Wei the Magistrate 3, on You
ku has gained surprisingly high views that are mainly from the fans of actress Zhao Liying, as the show starred their idol long before she joined the A-list.上海千花坊女神会所
his year’s Spring Festival holiday, iQiyi released 25 restored classical works, like The Kangxi Dyna
上海千花坊sty and garnered massive views. So to tap the huge potential of the summer season, Youku has set up the “HD Clas sic” secti
on featuring 1,000 restored classic film and TV productions in 1080P resolution. Yantai, a coastal city in East China’s Shandong province, which is
r tourist destination, is trying to regain its past glory as a center for Peking Opera.上海千花坊女神会所 Peking Opera, or jingju, is a traditional Chinese art form, which has a history of more tha
n 200 years. In 2010 UNESCO declared Peking Opera an Intangible Cultural Heritage of Humanity.
上海千花坊To promote the art form, the local government in Yantai is to launch its first Peking Op
era summer camp from July 19 to 24, hoping to attract young students from around the country.
The summer camp, which is being supported by Jingju Theatre Company of Beijing will have veteran Peking Opera artists c上海千花坊女神会所
oach young students on painting the facial masks for Peking Opera, acting and giving live performances.
The origins of Peking Opera go back to 1790, when four famous Anhui Opera troupes came to Beijing as part of the celeb
上海千花坊rations for the 80th birthday of Emperor Qianlong (1711-99) of the Qing Dynasty (1644-1911), and stayed on.
Then, in 1828, some famous Hubei Opera troupes came to Beijin上海千花坊女神会所
g. And then the artists from the Hubei and Anhui troupes often performed jointly.
Later, around 1840, Peking Opera began to formally take shape, growing even faster d
uring the reign of the Empress Dowager Cixi (1835-1908), who was a Chinese opera lover.
After that, Peking Opera, which is known for combining various art for
ms, like singing, dancing, acrobatics, and for elaborate costumes and movements, grew f
rom strength to strength. Peking Opera troupes were born in Beijing, Tianjin and Shanghai.
nel to review the entire process of diagnosis, and the panel agreed the cause of th
上海千花坊e death needs to be determined by autopsy. The autopsy result is expected to be deliv
ered within 45 to 60 working days. Chinese vaccine against the Hepatitis E Virus (HEV) has entered clinical trial in the United Sta
tes after two US volunteers were vaccinated on May 1 (local time), accord
ing to Xiamen University.上海千花坊品茶微信 The trial will be carried out in three phases. The phase 1 clinical trial is schedule
d to enroll 25 US volunteers, and Phase 2 and 3 FDA-approved trials of the vaccine are expected to be done in a third country.
The vaccine, sold under the trade name Hecolin, was initially developed by a researc
h team from Xiamen University in East China’s Fujian province and then transferred to and commercialized by the Xiamen Innovax Biotech Co., Ltd.上海千花坊 Hecolin has been used in China since 2012 for the prevention of hepatitis E.
上海千花坊品茶微信It has been approved by the US Food and Drug
Administration (FDA) to enter a clinical trial in January. It is the first time that FDA has given a green light to a Chinese vaccine to enter a clinical trial in the United States, accordin
g to Zhang Jun, deputy director of National Institute of Diagnostics and Vaccine Development in Infectious Diseases at Xiamen University.上海千花坊
According to Zhang, the trial was sponsored by the National Institutes of Health (NIH), the
primary agency of the US government responsible for biomedical and public health research.上海千花坊品茶微信
Hepatitis E is a liver disease caused by HEV, which is transmitted mainly through contaminated drinking water and
food. Large outbreaks of the disease have been reported in at least 30 countries in Africa, Asia and North America.
of its most dynamic enterprises from North West, Free Stat
上海千花坊e and Limpopo provinces, involving a variety
of sectors, including agro-processing, biodiesel produ ction, jewelry manufacturing, engineering and infrastruct
ure development, textile and fashion, farming, solar energy and tourism.
South Africa’s business trends and the entrepreneurial landscape require far more sophisticated sk上海千花坊
ills to achieve international compe
titiveness to ensure access to global markets for SMEs, the director-general said. “We believe that small, medium and micro enterprises and coop
eratives are important drivers of economic growth and job creation,” Vries said.
上海千花坊上海品茶In total, more than 70 small, medium and micro enterprises of South Afric
a will promote their products and investm
ent opportunities during this year’s event. The event’s organizers have launched a series of overseas promotions to showcase the annu
al fair, and 1,028 exhibition booths have been confirmed already by businesses and organizations from 31 countries and regions.
The fair will include special exhibition zones covering countries related to the Belt and Road上海千花坊上海品茶
Initiative, Africa, the Middle East and Euro
pe, as well as China’s Hong Kong, Macao and Taiwan. “Since the announcement of the Belt and Road Initiative, Poland has been willing to be a part of it and an im
portant trade and economic partner for China,” said Joanna Skoczek, consul general of Poland in Guangzhou.
Skoczek said the number of Chinese visiting P上海千花坊上海品茶oland in the first quarter of 2017 increased by 85 percent compared with the same period last year. The trade volume between Guangdong and Poland was
nearly $4.2 billion in 2016, increasing 13.3 percent year-on-year and accounting for over one-fifth of the total between China and Poland.
“Chinese businesses are encouraged to visit Poland to strengthen the mutual cooperation in the fields of trading, investment and education,” Skoczek said.
exhibition offere上海千花坊品茶微信d a section for people with disabilities.
Ten years ago when the 2009 World Stamp Ex
hibition took place in Luoyang, Henan province, Li Shaohua, a fellow of the Al l-China Philatelic Federation who has mobility impairment, founded the China Disabled Persons Stamp Collecting Association.
g to Li, currently president of the association, the association now has more than 1,000 mem bers. Over 200 members from the association attended the world stamp exhibition on the first day, bringing 124 sets of stamps.
hing a section for people with disabilities is groundbreaking. It fulfills the wish of many disabled philatelists across China and shows the care devoted to the disabled,” he says.
As for Li,
he brought his own collection entitled Disability and Recovery, int ending to raise awareness for the disabled and motivate them on their road to recovery.