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上海千花网

The government has set上海千花网f doubling GDP per

er capita from 2010 to 2020 and clearly will reach that goal.

上海千花网女神会所Nicholas Lardy, an often-cited Washington-based expert on the Chinese economy, argues i

n his recent book The State Strikes Back: The End of Economic Reform in China that China could have co

上海千花网ntinued to grow at 10 percent per year throughout this decade if not for policy mistakes.

His core argument is that Japan and South Korea continued high growth r

ates until they reached GDP per capita equal to 60 to 70 percent of the US, so why can’t China?上海千花网

With all due respect, I think this is a silly argument. The early growth in both Japan and South Korea was based on for

上海千花网eign demand for exports. In South Korea, these exports were manufactured largely by state-led companies.

China is a much larger economy. There is not enough potential import demand in the worl

d to continue as a main driver of the economy’s growth. It takes longer to grow organically from domestic demand.

上海千花网女神会所Japan saw very fast economic growth from the 1950s to the 1970s based on technological c

atch-up and on fast export growth to the US. The export industries of Japan – mostly cars and electronics –

are extremely competitive. But, much of the domestic economy is protected and inefficient.上海千花网

A series of trade disputes with the US in the 1970s and 1980s culminat

上海千花网女神会所ed in the Plaza Accords in 1985 that limited Japanese exports to the US and forced Jap

an to roughly double the value of the yen. So, export-led growth was no-longer an option.

Instead of opening-up and reforming its domestic economy, Japan first chose to use monetary stimulus in the late 1980s, which上海千花网

resulted in an immense real-estate bubble and led to the real-estate and stock market collapses in 1990 to 1992.

Through the 1990s and 2000s, Japan then tried to use very large infrastructure investm上海千花网女神会所

ents to stimulate the economy. This just resulted in negligible growth, ecological damage and a government-d

ebt-to-GDP ratio of more than 200 percent – by far the highest in the world. In contrast, China’s strategy of str

uctural reform, opening up, and increasing domestic competition will lead to more sustainable GDP growth.

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Foreign teacher arreste上海千花网olestation charge

A male foreign teacher suspected of molesting a young girl in a kindergarten in January in

上海千花网品茶微信Qingdao, Shandong province has been arrested, according to the local procuratorate.

The district procuratorate of Shinan in Qingdao approved the arrest of the teacher after the local上海千花网

public security department conducted an investigation, according to a report from CCTV on Friday.

上海千花网品茶微信Monitoring video showed the teacher entering a classroom and putting his hands into the girl’s quilt during naptime for a

bout one minute as the Chinese caretaker left for the bathroom at 2 pm on Jan 25, according to an an

上海千花网nouncement by the Beijing RYB Qingdao Vanke City Kindergarten on Thursday.

The kindergarten only gave the foreign teacher’s first name — Daniel, from the Republic of Columbia, born in 1984. Police deta

ined Daniel on Jan 29, immediately after the kindergarten and上海千花网品茶微信 the girl’s parents reported the case.

The announcement said the girl was found to have no injury after

a comprehensive medical check and returned to regular school attendance.

上海千花网China moved up three places to 14th among the world’s most innovative countr

ies this year, according to a report by the World Intellectual Property Organization on Wednesday.

The Global Innovation Index (GII) 2019 ranked 129 economies based on 80 indicators, including traditional me上海千花网品茶微信

asurements such as research and development investments, international patent and trademark applications, as w

ell as newer indicators like mobile phone app creation and high-tech exports.

上海千花网China remained in first place in quality of innovation among middle-income economies for the s

eventh consecutive year, according to the report, and achieved the top spot in patents, utility models, tra

demarks and industrial designs by origin, as well as high-technology and creative goods exports. The count上海千花网品茶微信

ry also ranked second only to the US in 18 of the top 100 science and technology clusters.

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Consumption has b上海千花网een the top driver of econ

nomic growt上海千花网h for six years in a row. In 2018, it contributed to 76.2 percent of economic g

rowth, 18.6 percentage points higher than 2017, and it is expected to be a major force again this year.

“The government has been continuously deepening the reform of corporat上海千花网

e taxes and fees to stimulate enterprises, as well as implementing policies to stimulate em

ployment and encourage entrepreneurship,” said Andy Zhao, president of Nielsen China. “Meanwhile, per上海千花网女神会所

sonal tax reform has also taken place … consumers’ willingness to spend has been further encouraged.”

From home electronics to new energy cars, authorities have introduced policies to further stimulate domestic consumption.上海千花网

In early June, the National Development and Reform Commission, the Min

istry of Commerce and the Ministry of Ecology and Environment released an action plan to acc

上海千花网女神会所elerate the upgrade of consumption goods and resource recycling, which addressed the production, application a

nd innovation of new energy vehicles, green home appliances and the commercial use of 5G mobile phones.

The action plan also highlighted the potential for vehicle cons

umption in rural areas. In early January, the country issued an action plan to optimize co上海千花网女神会所

nsumption supplies, which also addressed subsidies for energy saving and new energy vehicles.

“The market size in China is not only huge, but is also undergo

上海千花网女神会所ing a consumption upgrade,” said Wang Qing, a research fellow at the Development Re

search Center of the State Council. “With the new round of policies being launched to stimulate consumption and c

ompanies diversifying their offerings, the consumption potential will be further liberalized.”

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member demonstrates a gesture capturing system durin

hanghai has unveiled its first dedicated artificial intelligence incubator as part of its push t上海千花网o make AI a cornerstone of its industrial transformation.

上海千花网Launched in Shanghai’s Wujiaochang, an area home to multiple leading

research houses such as Fudan University and Tongji University, the first 3,000 square-mete

r AI Space serves as an accelerator to turn abstract AI ideas into prototypes and potentially into tangible products.上海千花网

Backed by the Shanghai Commission of Economy and Informatizati

o上海千花网n, the facility will provide working space, data bases, technical support, financing and res

ources match-making with application scenarios. Such a model will be duplicated across the city in due time.

上海千花网Five AI startups have signed memoranda of understanding with the first AI space, c

overing areas from the combination of AI and medical care, education and big data.

The incubator was launched earlier this week on the same occasion whe

n the city announced the setup of a series of awards, dubbed SAIL, dedicated to an AI-th

emed contest, whose results will be announced ahead of the 2019 World Artificial Intelligence Conference in August.

“The SAIL awards are not only an influential part of the WAIC competition, but an impor上海千花网

tant carrier in the integration of industries, universities, researches and application in the field of AI

,上海千花网女神会所” said Zhang Ying, chief engineer of the Shanghai Commission of Economy and Informatization.

With four subcategories, the SAIL awards are expected to facilitat

e the development of AI and accelerate its transformation from concepts to reality.

Official statistics上海千花网女神会所 showed that the city is already home to 1,000 companies with AI as its core b

上海千花网女神会所usiness. According to a plan issued last year by municipal authorities, Shanghai is looking to lead the pack by b

ecoming a global AI hub, with plans to expand the scale of i上海千花网女神会所ts industry to more than 100 billion yuan ($14.4 billion) by 2020.

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As one of the most su上海千花网女神会所mestic studios in rec

ecent years, Beiji上海千花网女神会所ng Culture is known for producing Wolf Warrior 2, and

The Wandering Earth, the top and second highest-grossing films of all time in China.

Aside from Huang, the film also casts A-list actresses Wang Luodan and Tan Zhuo.

As the directorial debut of renowned scriptwriter Dong Runnian, the movie is sort of a dark noir to explore humanity in extreme situa

tions. A huge bunch of weird light falls onto a city, causing the disappearance a lot of people. Amid fears an

d sorrows, the surviving civilians are trying to unravel the mystery as well as facing off new conflicts.

The other three films of Beijing Culture’s lineup are Taiwan director Lin Yu-hsien’s Danc

ing Elephant, Lu Chuan’s new directorial adventure tale Bureau 749, and director Ding Sheng’s action drama S.W.A.T.

Starring Jin Chunhua and Ai Lun, the inspirational comedy Dancing Elephant is about a dancer who falls into a coma after an accident. She wakes up 15 years

later, finding herself gaining a lot of weights, making her wish to return to stage a tough journey.

Dancing Elephant, now traveling across China to hold promotional events in nine cities, will be officially released on July 26.

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The online audio 上海千花网品茶微信ourishing in the

 country, with 上海千花网品茶微信more and more audio visual products of increasingly high quality being created,” said Cui Chenghao, deputy Party secr

etary of the research center of the National Radio and Television Administration, during the summit.

Cui, who is also the deputy editor of the report, points out that major online video platforms in China, including Tencent platform

iQiyi, have been pouring capital into the production of original content and the quality of most works have rea

ched a level that is comparable to those produced by broadcasting companies.

“For instance, most original online shows no longer depend solely on the star factor of famous personalities. More and more new

actors are appearing in these programs,” he says.Cui also claims that technological advancements have been dri

ving growth in the online media market since 2018 when technology such as 4K (ultra-high definition) and 8K re

solution as well as virtual reality started becoming more prevalent in the industry.

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Iran insisted the drone上海千花网品茶微信when it enter

tered Iran’s air上海千花网品茶微信space near Mobarak Mountain region in southern coastal Hormozgan Province, and said the drone was on

a spy mission. A general said on Friday that Iran had given two warnings before downing the US drone.

But the US said it had been flying over international waters.

Independent confirmation of the drone’s location when it was brought down was not immediately available.

Chinese Foreign Ministry spokesman Lu Kang said on Friday that Beijing has repe

atedly called upon all related parties to remain rational, exercise restraint and avoid any moves that will escalate tensions

Noting that the current situation in the Persian Gulf region is complicated and sensitive, Lu said relevant parties should not “open Pandora’s box”.

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David Lipton, the International Monetary Fund’s firs

 dep上海千花网品茶微信uty managing director, said: ” (China’s) Credit

growth and corporate debt have been reduced thanks to concerted efforts to strengthen fina

ncial regulation, reduce regulatory arbitrage, and improve the framework for financial supervision.”

His statement came after the IMF published a report forecasting that China’s economic growth is expected to mod

erate to 6.2 percent this year, down from 6.4 percent in the first quarter, as uncertainty around trade tensions rem

ains high and risks are tilted to the downside. Inflation, in the meantime, is projected to rise to 2.3 percent.

After a half-month visit to China, a team from the IMF, led by Asia and Pacific Depar

tment Deputy Director Kenneth Kang, summarized that “China can play an important role and would benefit fro

m further opening up and other structural reforms that enhance competition.”

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Trump’s visit came at a delicate time in British politi

cs, with the UK’s relationship with the European Union trading bloc in turmoil following three years of failing to make progress on how B

ritain will leave. This impasse led to May’s downfall, and there is now a desperate race among Co

nservative members of Parliament to succeed her as party leader and prime minister.

The first issue the new leader faces is how to prepare for Brexit, currently scheduled for Oct 31. Many leading conten

ders, including the Trump-endorsed Boris Johnson, have spoken of their openness to a no deal-Brexit, which m

eans leaving with no alternative economic or legislative arrangements in place.

Trump favors such an approach, suggesting it could earn the UK fa

vorable trading terms with the US. And in a BBC interview on Sunday, when asked sp

ecifically about how such a deal would impact on the country’s free at the point of delivery National

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The results of the elections for the European Parliame

nt are broadly in line with expectations. Although pro-European Union parties have won a majori

ty of the seats, the EP is more fragmented than before with traditional center-right and center-left par

ties losing seats to Liberals and Greens, and Euroskeptic parties increasing their vote share. This is likely to

make it more difficult for the EU to agree new trade deals and choose new leaders for EU institutions.

The heads of government of EU states met on Tuesday to discuss who will fill the top jobs.

The new EP and the EU leadership face a difficult international environment, especially on th

e trade front. The United States administration, already engaged in a tariff war with China, has its sights on the

EU as well, describing the bloc as “a foe”. The US has imposed 25 percent tariffs on European steel and aluminum an

d threatened to slap similar tariffs on European cars unless the EU opens up its agricultural market.

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