Skip to content
ll improve the mechanism of the loan prime rate－the price of loans banks offer to their best clients－and use the mech
anism as the reference rate for business and household loans. The move was broadly seen as China’s effort to give th上海千花坊女神会所
e market a greater say in setting prices and to lower the real interest rate for companies.
上海千花坊”The rate reform will help reduce borrowing cost for companies so that they can expand investment and
production. It will also help improve corporate profitability,” said Yu Ke, an analyst at Guoyuan Securities.
The central authorities’ decision to support the development of Shenzhen also boosted the pric上海千花坊女神会所
es of technology companies on Monday as Shenzhen is the home of many high-tech and innovative firms.
The guideline also said that it will explore the registration-based initial p
上海千花坊ublic offering system on the startup board in Shenzhen and will support the city in car
rying out foreign exchange reform and accelerate the internationalization of the renminbi.
Ma Tao, an analyst at Caitong Securities, said that investment opportunities could emerge from technology sectors includ上海千花坊
ing 5G, artificial intelligence and life science as the guideline from the central authorities will help strengthen Sh
enzhen’s advantage as the leading technological and innovation hub for the country.上海千花坊女神会所
An index that tracks major securities brokerages also soared by 6.9 p
ercent on Monday as investors believed that a market rally will benefit securities firms.
上海千花坊The securities regulator has expanded the number of stocks qualified for the margin
trading and short selling business of the securities brokerage and has relaxed margin financing rules. The deci
sion became effective on Monday, which also helped lift the stock prices of securities firms.上海千花坊女神会所
Many young people in Hong Kong seem to have misunderstandings about the Chinese mainland and the United States.
No matter how noble an individual goal is, the collective outcome could be exactly the opposite of what each individual wa
nted. When I taught social decision theories, my students often could not believe thei上海千花坊女神会所
r eyes that collective decisions are necessarily dictatorial, even under very minimal assumptions. That is an implic
ation of the Arrow’s impossibility theorem developed by Nobel laureate Kenneth Arrow.
about 58 million tons of fertilizer were sprayed on farmland, a decline of nearly 1.25 million tons from the previous year.
The application of fertilizer on land used for the cultivation of rice, wheat and corn has also been more productive, with the utiliz上海千花坊女神会所
ation rate-the amount of nutrients crops can absorb-rising from 35.2 percent in 2015 to 37.8 percent in 2017.
上海千花坊As China continues to strengthen its ability to secure the food supply under all natural conditions, crop losses due to nat
ural disasters have remained at 5.7 percent every year in the past decade, having fallen by a total of 3.6 percentage poi
nts from 1999 to 2008.A medical team organized by the Red Cross Society of China provides help to residents of the vil上海千花坊女神会所
lage of San Jose in Dulag, the Philippines, after a typhoon struck the village in Novemb
Gu Bin, a member of the Chinese Red Cross Foundation, has been to many countries, includi上海千花坊
ng Pakistan and Iraq, to help with humanitarian assistance projects, but she likes Afghanistan the most.
“I have been to Afghanistan four times,” she said. “Although some areas are still in conf
lict and quite dangerous, we feel humanitarian workers like us are most needed there.”上海千花坊女神会所
One of her visits to the country was in April last year, to help carry out a joint program bet
上海千花坊ween the CRCF and the Afghanistan Red Crescent Society. Through the project, Chinese medical e
xperts screen children in Kabul for congenital heart diseases. The experts choose the most serious cases and send these chi
ldren, who are referred by local Red Crescent branches, for free treatment in China.上海千花坊女神会所
“I was shocked to see so many children waiting in line with their parents and relatives outside the clinics to see the doctors,” she said.
Although congenital heart diseases are usually identified and treated very e
arly in China, some of the patients waiting for screening are more than 10 years old and上海千花坊
had not been diagnosed previously due to a lack of access to health care services, Gu said.
“Though the diagnosis was free, many of the children recommended by local Red Crescent bran上海千花坊女神会所
ches are from outside Kabul and did not manage to arrive due to problems such as transportation,” she said.
By November last year, 100 Afghan children with congenital heart disease had re
ceived free medical treatment in China through the project, according to the foundation.
Wednesday. Hong Kong Police have charged 44 people for rioting as of Tu
上海千花坊esday, following an illegal assembly held in Western District on Hong Kong Island on S
Thus, Fan said it was not strange that some people from Taiwan were assisting and financing the violent protesters.
The city was in shock after masked radical protesters escalated violence on July 1 by上海千花坊
storming into the city’s legislature and vandalizing the complex, resulting in an early recess of the legi
上海千花坊品茶微信slature and costing about HK$40 million to HK$50 million ($5.1 million to $6.4 million) to repair.
One of the lawless intruders, who took off his mask, was identified as a “pro-Hong Kong in
dependence” graduate of the University of Hong Kong and reportedly fled to the US through Taiwan.上海千花坊
It was also reported by the media that a large group of violent rioters had fled to Taiwan to seek
上海千花坊品茶微信asylum shortly after July 1. Taiwan leader Tsai Ing-wen described them as “friends from Hong Kong” and sa
id the Taiwan authorities would consider their applications for asylum on humanitarian grounds.
Fan said the violent protesters, who were manipulated by external influences, intended to provoke and test the bottom li上海千花坊
ne of the central government by attacking the Legislative Council, the building of the Liaison Office of the C
上海千花坊品茶微信entral People’s Government in the HKSAR and defacing the national emblem.
The recent mayhem has also caused some to call into question liberal studies in the city.
In the wake of the violent attack on July 1, Tung Chee-hwa, vice-chairman of the National Committee of the Chinese Peo
ple’s Political Consultative Conference, China’s top advisory body, called liberal studies a total failure.上海千花坊品茶微信
The design of liberal studies is flawed, Fan said, since there are no syllabuses or te
xtbooks. It is up to the teachers to prepare teaching materials for students, Fan said.
上海千花坊Currently, liberal studies is a compulsory subject and examinations also are required.
“If students want to make high marks, they must follow what the teachers teach them an
d adapt to the style of the examination papers. In case the liberal studies teachers have上海千花坊品茶微信
strong political inclinations, they will instill anti-China and anti-establishment ideas in the mind of students.”
provinces ahead of commercial launches next year and it is forecast that 28 per
上海千花坊女神会所cent of the country’s mobile connections will be running on 5G network
s by 2025, accounting for about a third of all 5G connections globally by this point, the report said.
China’s telecom operators are projected to invest more than 220 billion yuan on 5G equipment and the expenditure on 5G equip上海千花坊
ment by all industries is expected to surpass 54 billion yuan in 2020, according to a white paper on 5G’s eco
nomic and social impact by the China Academy of Information and Communications Technology (CAICT).
上海千花坊女神会所The information consumption driven by 5G commercialization in the country will exceed 8 trillion
yuan from 2020 to 2025, directly driving the total economic output to 10.6 trillion yuan, said Liu Duo,
president of the China Academy of Information and Communications Technology.上海千花坊
5G technology features high bandwidth, low delay and wide c
上海千花坊女神会所onnection characteristics, which make it a key infrastructure for the di
gital transformation of economy and society, said Yang Jie, chairman of China Mobile.
The deep integration of 5G technology with other technologies including cloud computing, big data, artificial上海千花坊女神会所
intelligence will truly realize the interconnection of everything, Yang added.
China Mobile will build 50,000 5G base stations nationwide in 2019, providing commercialized 5G services in over 50 cities
上海千花坊and the services will be provided in all cities at and above the prefectural level by 2020 , according to Yang.
China Telecom announced completion of commercial deployment of 5G in m
ore than 40 cities by the end of this year. China Unicom has launched the上海千花坊 女神会所
“7+33+n” 5G network deployment, which means continuous coverage in seven urban areas, hot sp
ots coverage in 33 cities and customized 5G network based on current one in n cities, the report said.
The first batch of 10,000 5G terminal devices has been delivered by mobile manufactures including Huaw上海千花坊女神会所
ei, OPPO, Vivo, ZTE, Xiaomi, OnePlus, Samsung and TCL at a price of several thousands.
tions to a source of inspiration just like a person. When users type a word, Xiaoice could draw vastly diverging pictures in response to that word.
上海千花坊”We don’t know what surprises Xiaoice will bring us, and the unpredictability is the charm that attracts us,” Xu said.
This is not the first time that Xiaoice has created something. Started
as a chatting robot in 2014, Xiaoice has already been “talking” with more than 100 million上海千花坊女神会所
users, published two collections of poetry and released and composed dozens of songs.
上海千花坊All these endeavors have helped accumulate more than 5 million followers on a Ch
inese micro blog, as Microsoft continues to experiment with how AI can use emotional intelligence to se
rve as a companion for people and how AI can be used to imbue machines with “creativity”.上海千花坊
Elsewhere in the world, researchers and industry participants are
also experimenting with AI. In 2017, US singer Taryn Southern unveiled Breaking F
上海千花坊ree, a song composed and produced by an AI system developed by US startup Amper Music.
Last year, an AI-generated painting of Edmond Belamy became the firs
t of its kind to be auctioned at Christie’s. The artwork, created by computer algorithms de上海千花坊女神会所
上海千花坊veloped by French AI company Obvious, was sold for more than $430,000.
Just like Xiaoice’s paintings, such AI-generated work is based on
machine-learning models of artificial neural networks that resemble the human brain and ne上海千花坊
rvous system, which can study input materials and produce output in their own right.
上海千花坊女神会所When it comes to AI painting, a neural network that goes by the acronym GAN plays a ke
y role. GAN, which stands for generative adversarial network, creates the image pixel
by pixel. Like any other artist or designer, it produces both broad strokes and fine details in layers.上海千花坊女神会所
But as pioneering AI-generated works appear around the world, the tech companies and art critics are also addressing the fundamental question of
上海千花坊whether the images, poems or songs produced by their networks can be called art at all.
Qiu Zhijie, an artist and professor at China’s Central Academy of Fine Arts, said the answ
er depends on how originality in art is defined when machines are involved in creation.上海千花坊女神会所
“When nobody can tell the difference between paintings genera
ted by AI and those of humans, then we can regard AI’s work as original,” Qiu said.上海千花坊
Apparently, Xiaoice has already passed the test. In May, works produced by the drawing bot under the name Xiao Yubing were
上海千花坊女神会所submitted to the exhibition of postgraduates’ work at China’s Central Academy of Fine Arts. When Xiao Yubing
‘s paintings were presented beside those of humans, nobody realized they were generated by AI.
ommitted to growing his Instagram page with quality content, Hammond has made a name for himself in the industry since cre
上海千花坊品茶微信ating photos for the marketing campabig-name brands in the past few years.
Regulations requiring Shanghai households and enterprises to sort their trash will create opportunities in circular economy
Trash sorting was a hot topic in Shanghai in the weeks before a new municipal regul上海千花坊
ation on waste management took effect on July 1, requiring everyone, from househ
上海千花坊品茶微信olds to businesses, to sort their trash into recyclable, kitchen, hazardous and residual waste.
Though the regulation inconveniences people while th
ey form new habits and those who don’t comply face fines, it has boosted existi上海千花坊
ng waste treatment business and will create new opportunities in the circular economy.
Dealing with waste is big business as 200 billion yuan ($29 billion) in investment will be needed if the current trash-sorting
上海千花坊品茶微信program in Shanghai is to be implemented across China, according to a recent report by Orient Securities.
Particularly fond of seeking off-the-beaten-path adventures, he and Sophia have visi
ted 41 countries so far and keep heading to new places while revisiting some of their favorite countries.上海千花坊
Hammond said in the past year or two, they’ve focused on setting u
上海千花坊品茶微信p their company but really hope to spend more time in China in the coming years.
“My goal over the next few years is to release a China photography book as I truly believe more people should visit Ch
ina, as there is so much more to the country than the megacities and smog that a lo上海千花坊品茶微信
t of Western media outlets portray,” he answered when asked about his upcoming projects.
China’s science-technology innovation board, dubbed the STAR Market, opened at the Shanghai Stock Exchange on Mon
上海千花坊day, and officials and analysts said it will help support innovation-driven economic growth and capital market reform.
A series of new systemic arrangements have been introduced in the Nasdaq-style board, such as the registration-based init上海千花坊
ial public offering system, a wider daily price limit and strengthened information disclosure requirements.
上海千花坊女神会所The first 25 companies listed on the board made a strong debut, with an average da
ily increase of 140 percent, possibly because there is no price change limit for the first five trading days. At oth
er A-share markets, there is a 10-percent daily price limit. Shanghai-based integrated circuit maker Anji Mi上海千花坊
croelectronics reported the biggest daily jump of 400 percent to close at 196 yuan ($28.50) per share.
There are over 3 million individual investors qualified to invest in the new board while the n
上海千花坊女神会所umber and scale of listed companies in the STAR Market is relatively small at present, leading to the firs
t-day surge of prices, said Yang Delong, chief economist at Shenzhen-based First Seafront Fund.
Trading rules set by the Shanghai exchange and the China Securities Regulator上海千花坊
y Commission allow for a daily price fluctuation of 20 percent on the STAR Market after the first trading week. B
ut Yang warned investors of the possibility of price drops on the board in the next few days.
Liu Zhongyuan, di上海千花坊女神会所rector of securities investment at the National Council for Social Security Fund, said at the listing cerem
ony on Monday that the fund will invest in the STAR Market by sticking to its long-term investment pattern, in hop
es of supporting the development of technology startups and the real economy.
上海千花坊The new tech board, which was initiated in November, has realized the highest level of innovation in
terms of systems and ideas under the current framework, said Fu Lichun, research director at Northeast S
ecurities. With no existing model to refer to, efficiency in inaugurating the board is “stunning”, he said.上海千花坊女神会所
Bob McCooey, chairman of Nasdaq Asia Pacific, wrote in
which demands the quota for 2019 is 10 percent and 12 percent in 2020.
上海千花坊品茶微信To cut fuel consumption and promote the popularity of new energy vehic
les, China has imposed tough regulations on passenger carmakers and importers, who will
be given two separate scores for traditional vehicle energy efficiency and new energy vehicle production.上海千花坊
If they fail to amass enough credits for either traditional vehicles or new energy veh
上海千花坊icles, they may face penalties and their vehicles may not even be allowed on the road.
The new draft also changes the amount of credits that a carmaker can earn by manufacturing new energy vehicles.
Analysts said the plan’s release will help carmakers to coordinate their production plans, especi上海千花坊品茶微信
ally international ones, which have been slower than Chinese ones to respond to policy changes.
Herbert Diess, CEO of Volkswagen AG, called for a stable policy enviro上海千花坊
nment at the World New Energy Vehicle Congress held in early July in Hainan province.
上海千花坊品茶微信The German carmaker said almost half of its new energy vehicles produced in 2028 will be made in
China. China has been the largest market for new energy vehicles since it overtook the United States in 2015.
So far there are around 3.5 million such vehicles on its roads.上海千花坊
The country’s new energy vehicle sales surged 65.9 percent year-on-year to 577,000 u
nits during the January-June period, data from the China Passenger Car Association showed.
上海千花坊品茶微信The draft proposal is expected to help boost hybrids as well, to which Japanese carmakers have devoted much time and money.
For instance, an electric car that can run 350 kilometers on one charge would earn 5 credits for上海千花坊
its maker according to previous equations, and in the draft proposal the credits will be reduced to 2.5,
上海千花坊品茶微信ccording to Cui Dongshu, secretary-general of the China Passenger Car Association.
He added that the proposed policy encourag
es better technology as more efficient power consumption will earn more credits.
Conductor Yu Long chose Chinese composer Chen Qigang’s violin concerto, La Joie de la Sou
ffrance (The Joy of Suffering) to appear on his new album with the Shanghai Symphony Orc上海千花坊
hestra, Gateways. But Yu’s first encounter with Chen was not exactly harmonious.
上海千花坊Yu wanted to perform one of Chen’s compositional works during the
Beijing Music Festival, an annual classical music festival held in the capital, which Yu fou
nded in 1998 and of which he was artistic director from 1998 to 2018. However, Chen said no. Instead, the co
上海千花坊女神会所mposer floated the idea of having a concert where the repertoires were all written by him.
“Usually a concert featuring work written by one composer is held to commemorate them after death. It did not seem like a good i
dea to me back then,” recalls Yu. “However, after listening to Chen’s work, I changed my mind. The concert was s上海千花坊
uccessful and I told Chen immediately after the concert how touched I was by his music.”
上海千花坊女神会所On the latest album, entitled Gateways, the first recording of the Shanghai Sy
mphony Orchestra signed it signed to Deutsche Grammophon label in June 2018, Yu, the co
nductor and artistic director of the 140-year-old orchestra, selected two of Chen’s works to feature the album: the v
iolin concerto, La joie de la sufferance and Wu Xing (The Five Elements).上海千花坊女神会所
“When we discussed the programs for the orchestra’s first album with DG, we all agreed to tell Chinese stories through mu
上海千花坊sic. An important mission of the album is to bridge the gap between traditional Chinese culture and an in
ternational audience,” says Yu. “Chen’s work is frequently played worldwide and enjoyed by people from different c
ultures. He has a unique way of combining traditional Chinese philosophy with Western music. You can fee
l his incredible imagination in his music, therefore, it was among the first we chose.上海千花坊女神会所
Under the baton of Yu, the China Philharmonic performed Chen’
s music during the concert in 2002, including Wu Xing (The Five Elements) and Iris De
上海千花坊女神会所voilee, as well as a world premiere of Chen’s Reflet d’un Temps Disparu for erhu (a bowed two-string instrument) and
orchestra, which was adapted from the composer’s piece with the same title originally written for cello and orchestra.
Since then, Yu has led China’s symphony orchestras in performing Chen’s work worldwide.
ster stronger synergy between the Belt and Road Initiative and the Russ
ian-led Eurasian Economic Union, advance negotiations on a Eurasian economic pa 上海千花坊女神会所
上海千花坊rtnership agreement and enhance facilitation of regional trade and investment.
He said development and use of the Arctic shipping routes will provide
new opportunities, a new platform and new impetus for synergizing the BRI and the EAEU. 上海千花坊女神会所
Security and environmental protection are crucial in developing these routes, and China encourages its compan
ies to take an active part and make practical contributions to the commercial op 上海千花坊
eration of Arctic shipping routes and local economic and social development, he said.
Featuring a vibrant range of cultural traditions, the opening ceremony of the Branch Field上海千花坊
of the Equestrian Events of the 11th Traditional Games of Ethnic Minorities of China kick
上海千花坊女神会所ed off in Hohhot, North China’s Inner Mongolia autonomous region, on July 12.
Carrying the theme of “Hand in hand, the Chinese nation marching forward in a new e
ra”, the cultural performances started in the applause of 6,000 audience members and pres上海千花坊女神会所
ented a diverse landscape of ethnic minorities unified in the spirit of friendly competition, showing off their regional characteristics.
The traditional Andai dance showcased the hospitality of the Mongolian ethnic group, w
上海千花坊elcoming visitors from across the nation for the equestrian event in Hohhot. A total of nine delegation
s from Hebei, Shanxi, Henan, Yunnan and other provinces and autonomous regions attended the opening ceremony.
A total of 305 athletes, 365 horses and 13 camels are set to compete in speed racing, horse上海千花坊女神会所
back riding and performance programs during the series, which ends on July 17.
The 11th National Ethnic Games is scheduled to run in Zhenghou, Henan province, from Sept 8 to 16.