Premier urges support 上海品茶微信女神会所 beside a China R

Innovative overs上海品茶微信女神会所ight helps companies improve their cross-border business

Greater policy support and innovative government oversight is needed to shore up the growth of cross-border e-c

ommerce, Premier Li Keqiang said during an inspection trip to Zhejiang province on Wednesday and Thursday.

As he visited a pilot zone in Hangzhou, the premier underlined the role of cross-border e-commerce in

enabling more businesses to take part directly in international trade.

He noted that the business model is a major trend for the future develo

pment of international trade, and it will help promote the integrated development of busin

esses of various sizes and benefit the upgrading and branding of domestic manufacturers.

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economic structure. China should also invest more

 in the service secto爱上海女神会所r, and deregulate the services for the elderly and children, and medical care and education.

Although its overall economic uncertainty has increased, China’s economy still has great pote

ntial in terms of service and consumption, especially because it is a market of more than 1.3 bil

lion people including a middle-income group of 400 million all of whom are seeking a better life.

Current policy package strong enough to counter headwinds, economist says

China has no immediate need of aggressive stimulus to support growth unless trade tensions with the United States m

ore visibly weigh on growth momentum, and greater patience and policy preparation are needed now for market-

oriented, longer-term reform and opening-up, a senior economist said in an exclusive interview.

Given the uncertainty from China-US trade friction, macroeconomic polic

ies should always be prepared to support the economy, especially if growth mome

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The previously issued policy is sufficient to stabilize

growth by 20上海夜生活女神会所20, despite the recent US tariff hike, according to the fund’s report. “No additional policy easin

g is needed, provided there are no further increases in tariffs or a significant slowdown in growth.”

Only if the trade tensions further escalate and threaten economic and financial stabi

lity, additional policy easing, such as fiscal expansion, could be used to stabilize the economy, it said.

Commercialization comes before the original 2020 target

The Ministry of Industry and Information Technology on Thursday officially rolled out commercial 5G licen

ses, marking a key step toward a crucial period for the next-generation 5G commercial use.

The ministry granted the 5G licenses to the nation’s three major telecom carriers — China Mo

bile, China Telecom and China Unicom — as well as State-owned China Broadcasting Network Corp.

Minister of Industry and Information Technology Miao Wei said China welcomes foreign companies to actively par

ticipate in the construction of its 5G market and share in the benefits generated in the market.

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inopec establish joint venture with Russian companie

hina Petrole上海会所品茶微信um and Chemical Corp, the world’s larg

est refiner by volume, has agreed to establish a joint venture with Russia’s Novatek and Gazp

rombank to market natural and liquefied natural gas (LNG) in China, Sinopec said on Thursday.

The agreement, which aims to sell LNG produced by Novatek in the Arctic, was signed fo

llowing talks in Moscow between Russian President, Vladimir Putin, and Chinese President, Xi Jinping.

The agreement will be of considerable economic and social benefit an

d will further diversify China’s natural gas imports, while meeting ever-increasing ga

s demand in the country, said Dai Houliang, China Petrochemical Corp president.

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The president said China will work with Russia to fost

ster stronger synergy between the Belt and Road Initiative and the Russ

ian-led Eurasian Economic Union, advance negotiations on a Eurasian economic pa

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.

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

eration of Arctic shipping routes and local economic and social development, he said.

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“It’s quite unusual for FedEx to reroute all four par

cels by mistake. If they did, they will be held responsible for contract infringement,” sai

d Yin Shaocheng, an associate professor of law at Capital University of Economics and Business.

Huawei was among the Chinese tech companies recently entered on

to the US’ Entity List which bans US companies from selling components and software to them.

Vice-Minister of Commerce Wang Shouwen said there is no need to over-interpret the cas

e, since “foreign companies will be investigated when possible violations occur in accordance with Ch

inese laws”. Wang said China always protects the legitimate interests of foreign investors.

The strength of China’s economy is propelling its cities toward

s greater prominence on the global stage, a report has shown.

China is gaining ground on both Europe and North America as its impro

vement in performance and potential outpace those of Western cities, accordin

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Good trade ties vital at state level in US trade relatio

US states continue to value trade relations with China, despite ongoing tensions at the i

nternational level, and they hope tensions will be resolved through negotiations.

“I’m very optimistic on the China-US trade relationship,” Cyrus Habib, lieutenant governor of Washington, said in an inter

view with China Daily as he was attending the Fifth China-US Governors Forum in Lexington, Kentucky, last week.

China is the state of Washington’s top trading partner, with more than 20 percent of the state’s expor

ts going to China, and around 30 percent of its imports came from China in 2018, according to the US Census Bureau.

“It’s truly something that touches every part of our state,” said Habib. “And that went from the i

nformation communication technology sector and manufacturing sector all the way to the agricultural industry and tourism.”

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Measures to stimulate consumption in Guangdong province

Guangdong Provincial Government issued the Implementation Plan for the Improvement of the Consump

tion System in Guangdong Province, which proposes 29 specific measures in nine aspects in response to the current outs

tanding problems of restricting consumption. The Implementation Plan aims to improve consumer expectations, creat

e a good consumer environment, and promote the formation of a strong unified market.

According to the plan, the optimization and upgrading of automobile consumption will be promoted. The provin

ce will focus on promoting the application of new energy vehicles, speeding up the construction of charging site

s and replacing infrastructure, and making clear requirements for the construction of charging facilities in the pr

ovince’s expressway service areas, urban new public parking lots, and communities.

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an India in terms of economic might-the past two years

s have seen Modi front-loading India’s unique religious, cultural and civilizational links with neighboring countries.

This pragmatic approach has not just made the Sino-Indian summits most frequent but hopefully also more produ

ctive. Modi has not had as many one-on-one meetings with any other global leader. And since this trend is like

ly to continue, it could see them jointly responding to the White House’s blitzkrieg against friends and foes alike.

The fact that Russia still faces serious economic challenges and the US has slipped into confrontations with some coun

tries will provide further traction for Modi and Xi to play larger roles in setting the tone and tenor of multilateral debate

s and initiatives. Their synergy in tackling regional and global issues will continue to have positive effects on bila

teral equations, which remain an essential prerequisite for the two countries’ peaceful rise.

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administration escalating tariffs and Beijing retaliating.

It is important that we come to an agreement over time that addresses the problems that we have identified. And the sooner the better,” Allen said.

He said the council had opposed the use of tariffs from the very beginning and hop

ed a “mutually acceptable and supportive” agreement could be reached in the near term.

“But, currently, we are moving away from that agreement. We want to get back to moving toward a

n agreement so that our two economies can begin to interact with each other in a more normal manner,” he said.

Allen, who was in Lexington, Kentucky, last week for the Fifth US-China Governors Fo

rum, said he had spoken to a number of Chinese investors in Kentucky and throughout the United St

ates who are bringing jobs and opportunities that did not exist previously.

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