Monthly Archive June 2019

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There are about 400 MAX jets in service worldwide, inc

cluding about 97 in China. Wall Street analysts expect Boeing to spend about $1 billion to upda

te and install new software worldwide to prevent the MCAS system from repeatedly pointing the nose of the plane dow

n and to prevent the system from being activated by only one of two exterior sensors.

In the interview with the news website Axios, Muilenburg re

fused to say the MCAS system was a “red flag” during the MAX’s six

-year development and certification process. He said there were a “number of factors” involved in the fatal crashes.

Earlier this month, Muilenburg said he expected some MAX jets to return to commercia

l service by the end of the summer, but it could be months before the worldwide fleet returns to the air. Boeing said it has completed the software update for the MCAS syst

em and has tested it on 207 flights totaling 360 hours. The US Federal Aviation Administration has not said when its review of the updated software will be completed.

The US House of Representatives on Thursday passed the Senate’s version of the emergency border funding bill after House Speak

er Nancy Pelosi reversed course amid pressure from moderate Democrats to tackle the migrant surge along the US-Mexico border immediately.

The Democrat-controlled House voted 305 to 102. Senate Majority Leader Mitch McConnell said President Donald Trump supports the Senate bill.

“In order to get resources to the children fastest, we will reluctantly pass the Senate bill,” Pelosi wrote in a statement before the Thursday voting.

“The children come first,” Pelosi said. “At the end of the day, we have to make sure that the resources needed to protect the children are available.”

The sudden setback for Pelosi came amid heavy pressure from moderate Democrati

c lawmakers who are seen as most vulnerable at the 2020 U.S. general elections, local analysts said.

House Representative Josh Gottheimer, a Democratic leader of the bipartisan Problem Solvers Caucus, told Pelosi Thur

sday morning that he had rallied enough moderate Democrats to take down the rule on the amended House bill.

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musical journey through time and space at art exhibi

Shanghai Long Museum on June 29 will host the opening of the cross-disciplinary art exhibition Spiri

上海千花坊tual Origin, presented in collaboration with emerging pianist Tim Zhang and contemporary artist Li Shurui.

Organized by Long Museum and co-organized by Vogue Me, from June 29 – July 14, attendees will be able to appreciate Li Shurui’s sign

ature works such as Wave and Storage for Primordial Spirit and also Tim Zhang’s second original composition Spiritual Orig上海千花坊

in.Staff members serve tourists with refreshments during Sanyaotai banquet at Daqian town, Daozhen Gelao and Miao autonomous county, southwest China’s Gui

zhou province, on June 25, 2019. Sanyaotai, listed as a national intangible cultural heritage, is a distinctive etiquette of banquet for people of Gelao ethnic gro

上海千花坊品茶微信up in Daozhen Gelao and Miao autonomous county and around areas. The traditional custom features three processes of serving tea, wine and food at the b

anquet. In recent years, this folk custom has gradually integrated into the local tourism indusrists are served with tea and refreshments during Sanyaotai ban

quet at Daqian town, Daozhen Gelao and Miao autonomous county, southwest China’s Guizhou province, on June 25, 2019.Sanyaotai, listed as a national inta

ngible cultural heritage, is a distinctive etiquette of banquet for people of Gelao ethnic group in Daozhen Gel

ao and Miao autonomous county and around areas上海千花坊品茶微信. The traditional custom features three processes of serving tea, wi

ne and food at the banquet. In recent 上海千花坊品茶微信years, this folk custom has gradually integrated into the local tourism indust

The latter artist’s performance of this piece will be its global premiere.

Zhang’s musical inspiration came after a visit to the 18 mausoleums for Tang Dynasty (618-907) emperors in Nort

hwest China’s Shaanxi province. The ancient painting and archaeological relics gave him an in-depth un

derstanding of traditional Chinese art and history, as well as their influence in today’s world.

To amplify the celebration of infinity in Li Shurui’s artwork, Zhang’s composition is imbued with nuanced sentiments. The artist t

ends to adopt the rhythm at his fingertips and the vibration of the keys to interpret the wonders of the universe.

www.cn-yongan.com

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mpetitiveness Outlook provides a compass for gover

eking University’s National School of Development and a former member of the central bank’s monetary policy committee.

“But the adoption of (overly aggressive) macro-polices should be avoided” and there is no need to r上海419

epeat 2009-type stimulation this time, Huang said last week. “Because it could have negative c上海419女神会所

onsequences, including excessive production capacity, inflation and asset bubbles.”上海419

Finance ministers and central bank governors from the G20 group gathered in Fukuoka, Japan, over the weekend and discuss上海419女神会所

上海419ed possible impacts of escalated China-US trade tensions on economic growth. The International Monetary F

und and the World Bank have recently downgraded their global growth projections for the next two years.上海419女神会所

Finance Minister Liu Kun warned at the G20 meeting that protectionism co

uld hurt global growth. “All parties should pay close attention to downside risks and joint

ly protect the rule-based multilateral mechanism. Trade disputes should be resolved on a basis of fairness and ra

上海419女神会所tionality,” said Liu, according to a statement on the ministry’s website on Sunday.

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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.

shangjianxiachui.cn

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romoting pragmatic collaboration between inese and

This year’s China International Small and Medium Enterprises Fair, scheduled to be held in Guangdong province in October, will advance

 上海后花园the comprehensive strategic partnership between China and Africa and promote the inclusive and sustainable development of SMEs in China a

nd various countries, according to Xu Lejiang, vice-chairman of the organizing committee and vice-minister of industry and information technology.

Xu said at a news conference on Monday that the annual fair, known CISMEF, helps Chinese SMEs to go global and foreign SMEs to access the China market. 上海后花园品茶微信

This year’s fair adds two co-hosts: South Africa and the United Nations Industrial Development Organization, he said.

“Under the framework of the Forum on China-Africa Cooperation and the BRICS cooperation mechanism, the joint hosting 上海后花园

of the event will further promote pragmatic collaboration between China and South Africa in industry, trade and economics,” he said.

Thabo Thage, the consul general of South Africa in Shanghai, said SMEs contribute more than half of his country’s GDP.

“We expect that CISMEF will help to enhance our current trade patterns by increasing China’s sourcing of value added products from South Africa,” Thage said. 上海后花园品茶微信

Serving as a co-host of the fair for the first time, South African will select key companies to showcase the diverse nature of its economy, he added.

 上海后花园品茶微信The main venue for the fair, which is due to be held on Oct 10-13, is slated to be the Poly Wo

rld Trade Center Expo in Guangzhou, capital of the province in South China.

Two other events are to be held later that month in Shunde, a manufacturing hub in the province.

The first, which will run from Oct 12 to Oct 15, will focus on intelligent manufacturing and businesses involved in the

national Internet Plus strategy aimed at promoting the integration of internet technologies with traditional industries.

The second, to be held on Oct 20-23, will focus on smart construction mater

ials and home appliances, as well as energy conservation products and technologies.

www.shangjianxiachui.cn

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It will also explore new ways to face the challenges po

osed by new economic scenarios.The summit is organized by the Ministry of Industry and Information Technology, the St

上海会所上海品茶ate Administration for Industry and Commerce as well as Guangdong provincial government.

An Asia-Europe seminar on SME Financing will kick off on Oct 11Focusing on fundin

g SMEs, it aims to bring light to the strains caused by the difficulties of raising capital.上海会所

Organizers will invite 300 government officials, experts and financi

al institution insiders from 53 members of the Asia Europe Meeting to the seminar.

They will bring up their successful cases, to clarify the new service models for financing SMEs.

They will look at broader ways to attract investment and the need to improve the financing environment.

The Guangzhou Initiative, a framework to support the financing development of SMEs in Asia and Europe, will be delivered at the event.

上海会所”This seminar is a solid response to Premier Li Keqiang’s address at the 11th Asia-Europe Meeting in Mongolia,” said He Zuoxi

an, deputy director-general of the SME Bureau of Guangdong at a media briefing before the event.上海会所上海品茶

“It will make a positive contribution to strengthening economic ties and the financing cooperation system among Asian and European countries.”

‘Globally important’ fair shaping future course of SMEs at home and abroad

The Information Application Promotion for SMEs and the Information Forum will teach the companies how to embrace big data and the internet.上海会所上海品茶

Business insiders and researchers will expound their views on the advantages of cloud computing, big data, the mobile internet and other information technology, and popularizing their application in the manufacturing sector.

To wield greater influence in the international community, the event’s organizin上海会所上海品茶

g committee will also arrange a series of matchmaking events for Chinese and overseas SMEs.

kaimenjidashijie.cn

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Edith Vries, director general of South Africa’s Departm

ment of Small Business Development, said that the vital significance of SMEs should be noted.

Nanning held the Guangxi Procurement and Investment Fair with Representativ上海乌托邦品茶微信

es of 16 African Countries on June 25, reaching a preliminary purchase intention of $30 million on site.

Co-sponsored by the China Council for the Promotion of International Trade Guangxi C

ommittee, the African Union, the China-Africa Alliance of SMEs, the Embassy of Burkina Faso in China, the Emb上海乌托邦

assy of Ethiopia in China, and the China Trade Week Committee, th

e fair featured 96 indoor booths with a product exhibition area of 6,600 square meters.

上海乌托邦品茶微信She added that the responsibility of policy makers to develop effective policies an

d measures, to improve the environment for SME development, should be emphasized.

Philippe Scholtes, managing director of the United Nations Industrial Development Organization, said that SMEs n

eeded technology, human capital, energy, quality production, industrial organization and a conducive business environment.

The 14th China International Small and Medium Enterprise Fair (CISMEF), an event forenterprises to showcase their products and tap into the Chinese market, was inaugurated in Guangzhou on Oct 10.上海乌托邦品茶微信

The event is held by the Ministry of Industry and Information Technology, the State Administration for Industry and Commerce, t

he People’s Government of Guangdong Province, the Ministry of Small Business Development of South Africa and the United Nations Industrial Development Organization (UNIDO).

上海乌托邦品茶微信It covers an exhibition area of more than 150,000 square meters with nearly 3,000 exhibitors from home and abroad showcasing their technologies and products across 6,282 booths.

According to the organizers, More than 12,000 merchants have registered for the event, as well as a total of 265 domestic andforeignenterprisesand539individualshavesignedupfor10matchmaking events includingIntelligentManufacturing ProductsMatchmakingandEnergyconservingndEnvironmentally-friendlyProducts Matchmaking.

International and domestic exhibitions will be held at the Poly World Trade Center Expo from Oct 10 to 13; Intelligent Manufacturing

and “Internet+” Exhibition, Smart Building Materials and Home Decoration Exhibition, Energy Conservation Exhibition will be held in two

sessions at the Guangdong Tanzhou International Convention and Exhibition Center from Oct 12 to 15 and Oct 20 to 23.

www.kaimenjidashijie.cn

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annual summit, a gathering 上海419论坛女神会所 leaders that

debuted in上海419论坛女神会所 evolved into a major forum for deliberating economic issues and

other pressing global concerns. Bilateral meetings on the sidelines of the summit have occ

asionally led to major international agreements or underscored existing hostilities.

It comprises 19 countries and the European Union. The countries are Argentina, Australia, Brazil

, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Republic of K

orea, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom and the United States.

Because of their size, the countries’ policies play a big role in determining the health of the global economy.

Together, the nations of the G20 account for around 80 percent of global economic ou

tput, nearly 75 percent of all global trade and about 66 percent of the world’s population.

These figures have remained relatively stable, while the corresponding contrib

utions for the G7, a smaller group of advanced economies, have shrunk as emerging markets ta

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Japanese assets accou上海后花园品茶微信small part of the d

 of the domestic i上海后花园品茶微信nvestment portfolio of qualified domestic institutional investors funds in China.

By the end of 2018, only 13 Chinese QDII funds had Japanese assets included, with a total market value of around 77 million yu

an ($11 million), according to market tracker Wind Info. This accounted for 9.93 percent of the net value of all funds.

Liu Junwei, senior analyst at Everbright Securities, said that the ETFs in Japan will help to diversify risks as there were limited

products currently targeting the Japanese market. With the moderate pickup of Japan’s economy and its cen

tral bank’s bulk investment, product performance can be predicted with certain stability.

Traffickers from major overseas drug-producing regions have stepp

ed up efforts to infiltrate China in recent years, a senior anti-drug official said.

Police have found illegal drugs from the Golden Triangle, Golden Crescent and some South American countries being smuggled into the country throug

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n late April, the tw上海千花网品茶微信ned a further agreem

ent at the firs上海千花网品茶微信t China-Japan capital market forum to allow cross-listing of ETF products on the bourses of both countries.

With that, qualified institutional investors in China and Jap

an were allowed to set up cross-border funds to invest in ETF products in either country.

Also unveiled on Tuesday were four ETF connectivity products introduced by the Japanese comp

anies Nomura Asset Management, Nikko Asset Management, Mitsubishi UFJ Kokusai Asset Ma

nagement and Asset Manage One. The four products are traded at the Tokyo Stock Exchange.

Fang Xinghai, vice-chairman of China Securities Regulatory Commission, said at the launch ceremony that China-Japan E

TF Connectivity, together with the Shanghai-London Stock Connect launched on June 17 and FTSE Russell’s inc

lusion of the A shares implemented on June 21, indicated that China has accelerated its capital market opening-up.

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