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he China International SME Fair, first held in, is currentl

ly the largest and most influential international gala of its kind in the Asia-Pacific region.

Last year, it witnessed the signing of about 30 billion yuan ($4.46 billion) in busi上海品茶微信女神会所

ness and cooperative contracts between Chinese SMEs and their foreign counterparts.

Under the theme of Intelligence, Wisdom, Smart Manufacturing and Energy Conservation, this year’s event has attracted more than 2,700 SMEs from o上海品茶微信

ver 30 countries and regions, including Bulgaria, the United Arab Emirates and Myanmar. Zhu Xiaodan, governor of Guangdong, said at a rece

ption dinner on Oct 9 that SMEs play a unique and important role上海品茶微信

in stabilizing employment, improving people’s livelihoods and increasing taxes.

To support the steady recovery of the global economy, “Guangdo

ng is looking forward to deepening mutual cooperation with all parties from home and a上海品茶微信

broad, and making more efforts to facilitate local SMEs to experience healthy and innovative development,” Zhu said.

The fair provides four professional exhibitions that are scheduled to be held in three time periods at two venues.

上海品茶微信女神会所The first two exhibitions covering energy conservation, and textiles and apparel took place from Oct 10 to 13 at the Poly World Trade Center Expo.

The Smart Building Materials and Home Decorations Exhibition and the Intelligent Manufacturing and Equipme

nt Exhibition will be held at the Guangzhou International Sourcing Center respectively from Oct 16 to 20 and from Oct 24 to 27.

There are also two h上海品茶微信ighlights of the fair, one of which was a trade negotiation meeting for industrial cooperation and investment matchmaking held on Oct 10.

Organized by the Bank of China, the Ministry of Industry and Information Technology and the Guangd

ong provincial government, the meeting served as the first move after the bank and MIIT decided to initiate a five-year pla上海品茶微信女神会所

n (2016-20) to boost the internationalization of SMEs in August. The plan aims to facilitate their integration into the global market by stren

gthening information sharing and policy coordination, build

ing a cross-border matchmaking platform and innovating financial services.上海品茶微信女神会所

More than 350 overseas companies from 15 countries and regio

ns, as well as nearly 460 Chinese SMEs participated in this face to face meeting.

They covered industries such as modern agriculture, textile and apparel, advanced equipment and home appliances manufacturing.

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Since they established diplomatic ties, relations betwe

tween the two countries have become firm and unshakable, with fruitful outcomes generated from pragmatic cooperation, Xi said.

They have brought tangible benefits to the two peoples and made p

ositive contributions to the stability and development in the region, he added.

Both countries are at a cru2cial period in their development, Xi said, and bilateral cooperation has broad prospects. He said he

considers Sino-Malaysian ties highly important and expressed hope that the two countries, taking the joint building of the B

elt and Road as an opportunity, would strengthen synergies between their development strategies to inject new c

ontent into the China-Malaysia comprehensive strategic partnership, and add new momentum to regional development.

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Any speculative activities to short the RMB will suf

The RMB’s daily trading reference, or the central parity for onshore trading, has been stabilized ar

ound 6.89 per dollar for eight days from May 20, and market watchers said market-oriented depreciation pressure was losing steam.

Yi Gang, the central bank governor, has said several times that the PBOC has ceased dir

ect intervention in foreign exchange markets, and the performance of RMB is addressed mainly by market forces.

General Wei Fenghe, China’s defense minister, will attend the coming Shangri-La Dialogue set to

open on Friday in Singapore according to Senior Colonel Wu Qian, spokesman for the Defense Ministry.

Wei’s attendance will be the second time China has sent its defense mini

ster to the international security forum held by the London-based think tank International Insti

tute for Strategic Studies. The first time was in 2011, when General Liang Guanglie took part and delivered a speech.

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As the world’s second largest economy after the United

States, China has achieved extraordinary economic transformation over the past four decades. An

d as China’s economy has transformed, so has the size and make-up of its equity market.

FTSE Russell CEO Mark Makepeace said the company will continue to work with global customers and provi

de benchmark indexes and analysis solutions to promote investment in Chinese stocks and fixed-income products.

A British climber too weak to descend from Mount Qomolangma – know

n as Everest in the West – died on Saturday, officials said, the eighth climber to die on the

world’s tallest mountain and the 18th in Nepal’s Himalayas during the current climbing season.

Hiking officials attributed most of the deaths to weakness, exha

ustion and delays on the crowded route to the 8,850-meter (29,035 feet) summit.

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Also on Friday, shortly after the US said it would ban Hu

awei from buying US technology without special approval, Huawei’s chipmaking arm, HiSilicon, said it has long been prepar

ed for the “extreme scenario” of the US blocking access to some components and technologies.

“We have been developing backup products for years in anticipa

tion. … Such efforts can ensure the strategic safety of most of the company’s products and

a continuous supply of most products,” said HiSilicon President He Tingbo in an internal letter.

Foreign Ministry spokesman Lu Kang said at a news conference on F

riday that the development and utilization of 5G depends on global cooperation, and int

erference by the US undermines the principle of fair competition and shows a lack of respect for other countries.

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Four Chinese banks ranked among world’s top moneymakers

Four Chinese banks were among the world’s top 10 most profitable companies over

the past year concluding at the end of March, according to a report by Bloomberg.

The Industrial and Commercial Bank of China and China Construction Bank achieved a net in

come of $45 billion and $38 billion respectively over the past year, closely following Apple Inc, which retai

ned its title of world’s biggest moneymaker for the fourth straight year with a net income of $57.2 billion.

The Agricultural Bank of China and the Bank of China were respectively ranked at the

seventh and 10th places in the top profit list, with $31 billion and $27 billion in net incomes.

While financial service companies claimed nine spots among the top 10 most profitable compa

nies, no drugmakers or automotive firms appeared in the list for the first time in eight years, the report said.

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Earnings growth may sustain at a rather high speed

Wang Yang, an analyst with Soochow Securities based in Suzhou, Jia

ngsu province, said that apart from the economic recovery underpinned by su

pportive policies, cyclical factors also imply that earnings growth will continue to recover in the rest of the year.

According to Wang, the current profit cycle of A-share companies started from 2

016 and should end with recovery this year, as the cycles usually last for 12 to 14 quarters.

This year’s gradual recovery in earnings growth could help the A-share market to withstan

d external uncertainties, said Yan Xiang, an analyst with Shenzhen-based Guosen Securities.

“It is quite different from 2018 when earnings growth of most companies deteriorated. Earn

ings growth, a determinant of the market trend, is likely to be on the recovery path,” Yan said in a note.

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President Xi’s speech emphasized on broadening China

 Belt and Road Initiative and creating a global image of this initiative, so that there will

be more connectivity and more trust in this international intercontinental project.

I am from Afghanistan and we have a lot of opportunities for China’s investments. China is trying to in

vest in our railway network, which is a very promising way to create a corridor to the Central Asia. Then

Afghanistan can provide a very safe connection from China, Central Asia to the rest of the world.President Xi’s speec

h was very impressive. He spoke on opening all the economy of the world and working against protectionism. He also said

to make more efforts to give a better quality of Belt and Road Initiative to connect all the other countries. I’m very op

timistic with the progress on the Belt and Road Initiative and I hope more countries will participate in the initiative.

ashpp.com

The drinking water source enforcement app integra

tes satellite remote sensing images, water environment problems spotted by satellite, water protection zone bound

ary’s spatial data, water environment problems found by provinces and cities themselves and law enfo

rcement data at the scene, and sends environmental problem lists to law enforcers at the scene to guide their work.

The app was used during the nationwide inspection on water sources i

n 2018 and the law enforcement during water sources inspection at county level this year.

Meng Zhiqi, a law enforcer with the water ecology and environment department of Shang

hai bureau of ecology and environment, has witnessed the app’s ability. “We received

a message from a work team of the Ministry of Ecology and Environment, saying there was an illegal shrimp farming house with a chimney deep

inside a water resource conservation forest, but my colleagues and I didn’t know how to get there. Later, we fo

llowed the map provided by the app and demolished the house within 24 hours,” said Meng.

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This video was allegedly filmed at around 10 pm, when

 Niuniu had already worked for most of the day.

Another clip shows Niuniu shocked by her mother’s sudden strike to her hand.

Many netizens have said that the viral videos show the harmful conditions that child mode

ls experience, and have asked for more care for the girl’s psychical and mental health.

More than 110 children’s clothing shops on Taobao, a Chinese online shopping platform, have unit

ed together to call for better regulation of the child modeling industry and greater protection for child models.

Footage of a mother kicking her three-year-old daughter has gone viral on Chinese social media, sparking outcry online.

The video was shot on Monday in Hangzhou, East China’s Zhejiang province, and began going viral Wednesday.

The daughter has been revealed to be Niuniu, a well-known child

model, who was kicked because she was allegedly “too tired to perform”.

The video has been viewed tens of millions of times, with many leaving comme

nts criticizing Niuniu’s mother for “abusing” her daughter and using her “as a tool to make money”.

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