The overall performanc上海夜生活 of the STAR Market saw

the full pricing-in of opinions from bulls and bears, an uptrend wi

h fluctuations, and a return to rationality,” the SSE said in the announcement.上海夜生活

Relaxed price fluctuation limits have enabled the STAR Market stocks to be more timely priced, leading to higher p

ricing efficiency than the main board, according to analysts from Shenwan Hongyuan Securities.

上海夜生活女神会所Securities regulators lifted price fluctuation limits for STAR stocks in their first five trading days, and thereafter a 20 pe

rcent daily price fluctuation limit is effective, versus a 10 percent limit on the main board.

Analysts expect trading on the STAR Market to become more rational in the medium term, with valuation levels to bet上海夜生活

ter reflect company fundamentals. Firms with strong fundamentals may sustain high

valuations, while weaker ones may see a marked divergence in stock price performance.

The market-oriented initial public offering mechanism上海夜生活女神会所

of the STAR Market, or the registration-based IPO system, also showed its effect, with the 28 STAR li

stings’ price-to-earnings ratios of offer price varying from 18 to 269, according to SSE data.上海夜生活

This marked a difference from the main board, where almost all new offerings are p

riced at a maximum of 23 times earnings under the approval-based IPO system.

上海夜生活女神会所The SSE also disclosed that during the first trading month of the STAR Market, it strengthened

supervision on illegal trading and dealt with eight cases of abnormal trading behavior on the new board.

No-go areas for gasoline vehicles to spur new energy sector’s development上海夜生活

China is encouraging local authorities in regions with appropriate conditions

to set up no-go zones for gasoline cars and use more new energy vehicles for public trans

port, which analysts and industry insiders say will help boost the industry’s development.上海夜生活女神会所

“Regions with ripe conditions have our support if they establ

ish trial projects to establish no-go zones for gasoline-powered vehicles

and replace such vehicles with new energy vehicles in the urban public transport system,”

said the Ministry of Industry and Information Technology in a statement on its website on Tuesday.

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New personal mortg上海419论坛 to be based on LPR

China will link the personal mortgage loan rate to a new lending rate reference, starting fr

om Oct 8, to make it more flexible and market-driven, the central bank said in a statement on Sunday.上海419论坛

For purchasing the first house, individual borrowers of new mortgage loan will pay an intere

上海419论坛品茶微信st rate of no less than 4.85 percent – it is the five-year loan prime rate, or LPR, th

e new reference of bank lending reported by the People’s Bank of China, the central bank, on Aug 20.

Buyers of second house should pay an interest rate that is 0.6 perc上海419论坛

entage point above the LPR, which will be 5.45 percent, said the statement.

The existing mortgage loans, with the contracts signed earlier than Oct 8, will keep the old interest rates unchanged, it added.

上海419论坛品茶微信”That is almost at the same level of the current lowest person

al mortgage loan rate,” a spokesman with the PBOC said. “Compare with the si

tuation before the reform, the interest expense will be basically unchanged for borrowers.”上海419论坛

Liu Guoqiang, a vice-governor of the PBOC, said at a press

上海419论坛品茶微信conference last week that even under the new interest ra

te scheme, the rate for mortgage loans will not be lower, as the government will not ease the

real estate control policy nor “use real estate as a tool to stimulate short-term economic growth”.上海419论坛

The new method to set mortgage loan rate is part of the market-driven reform of the cou

ntry’s overall interest rate system, which made a remarkable progress on Au上海419论坛品茶微信

g 17. It decided to use the LPR, the price of loans banks offer to their best clients, as a new

reference for bank loans, instead of the existing one-year benchmark lending rate.

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concern about mut上海龙凤t, security environm

 Japanese Prime Minister Shinzo Abe on Friday urged South Korea to keep its promises afte

r Seoul decided to terminate a key intelligence-sharing pact between the two countries.上海龙凤女神会所

“Regrettably, South Korea is continuing to hurt relations of trust,”

上海龙凤Abe told reporters, adding that Seoul had also unilaterally carried out actions that run contra

ry to an accord inked between the two countries in 1965 aimed at settling an ongoing wartime labor dispute.

Separately, Japan’s Defense Minister Takeshi Iwaya said on Friday that the decision by South Korea was “d上海龙凤女神会所

isappointing” and that he believed that the present security environment had been “completely misread” by South Korea.

Iwaya added that Japan will continue to ask South Korea to “reconsider” its decision not to extend the General Security

of Military Information Agreement (GSOMIA) beyond its expiration in November.上海龙凤

His remarks came after Seoul said a day earlier that the intelligence-sharing pact will not be extended owing to Tokyo’s tightening o

f export controls on materials vital to the South Korean technology industry.

上海龙凤女神会所It has created a “grave change” in conditions for bila

teral security cooperation, Seoul said, as reported by local media.

Japan’s Foreign Ministry confirmed Friday that South Korea ha上海龙凤

s officially notified Tokyo that it will terminate the pact between both countries.

The GSOMIA pact between both sides, signed in 2016, has enabled the two neighbors to sha上海龙凤女神会所

re military information and has helped both sides to counter potential regional threats.

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Riding high on the poli 上海千花网 looks to em

brace a fresh new bout of business that capitalizes on its long-cherished advantages in the financial industry and uniq

ue status as the bridge connecting the Chinese mainland and the outside world,” Chen said. 上海千花网

“The story is not about whether the rise of Shenzhen will make Hong Kong’s advantages o

bsolete and abandon the city to its fate. Instead, it is all about Hong Kong and Shenzhen, a pair of cities that ar 上海千花网女神会所

e highly complementary, joining hands to make a bigger cake of shared interest,” he added.

Terence Chong Tai-leung, the executive director of Chinese University o

f Hong Kong’s Lau Chor Tak Institute of Global Economics and Finance, envisions

Hong Kong and Shenzhen striving to build a financial center targeting the Greater Bay Area. 上海千花网女神会所

“While Hong Kong could focus on the equity market, Shenzhen could eye the gold an

 上海千花网d commodities market to cement a comprehensive financial market in the region that can rival New York and Lon

don, thus boosting the financial service industry’s talent flow in the region,” Chong said.

In the innovation and technology sector, Shenzhen also offers many opportu

 上海千花网女神会所nities for Hong Kong entrepreneurs, said Simon Lee Siu-po, senior lecturer at Chi

nese University of Hong Kong’s International Business and Chinese Enterprise Program.

Lee also expected there will be enhanced flow of talent across the border in such areas 上海千花网

as the legal profession, risk management, event management and marketing.

China’s first cloned police dog, an 8-month old Kunming wolfdog named Kun

xun, passed the police dog assessment on Thursday and is now ready for work, Xinhua reported.

 上海千花网女神会所In early March, Kunxun arrived at the Kunming Police Dog Base in Southwest China

‘s Yunnan province, where it participated in a professional police dog training program.

Born on Dec 19, 2018, Kunxun was cloned from Huahuangma, a seven-year-old female Kun

ming wolfdog on duty at the Pu’er police station in Yunnan province. Known for its first-class field work 上海千花网女神会所

abilities, Huahuangma is considered an outstanding canine detective. According to a genetic test by a thir

d-party testing institution, Kunxun’s DNA is 99.9 percent identical to Huahuangma’s.

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A resident whose sur上海乌托邦 Chen said the prote

protesters stuck stickers on the rail card readers at the

gates so the commuters won’t be able to swipe their rail cards to exit the station.上海乌托邦

Chen said he and other passengers left the station through a security exit.

Lilly Wang, another resident, said she took a bus to reach home after learning about the situatio上海乌托邦品茶微信

n at the Yuen Long station. But the bus had to halt near the Long Ping Station, about 1.4 kilometers from the

上海乌托邦Yuen Long station, at the road ahead was blocked. She spent another 20 minutes walking home.

Rail services at the station resumed on Thursday morning, but the damage at the station was quite visible, according to Wa

ng. Fire extinguishers were discharged by the protesters, and garbage bins were pushed over.上海乌托邦

In order to develop into a demonstration pilot zone for socialism with Chinese characte

上海乌托邦品茶微信ristics that would strengthen democracy and rule of law, facilitate the flow of foreign talents and nurture an intern

ational financial hub, Shenzhen has to expand cooperation with the Hong Kong Special Administrative Region.

The Communist Party of China Central Committee and the State Council, China’s Cabinet, recently issued a guidance on sup上海乌托邦

porting Shenzhen in building the demonstration pilot zone for socialism with Chinese characteristics.

上海乌托邦Shenzhen’s expanded cooperation with Hong Kong will also lay a solid fo

undation for the overall development of the Guangdong-Hong Kong-Macao Grea

ter Bay Area. The demonstration pilot zone is also projected to play a leading role in the Greater Bay Area.上海乌托邦品茶微信

Just more than 30 years ago, Hong Kong residents used to be reluctant to visit neighboring Shenzhen. It was not only the complica

ted clearance procedure at the border, which took at least two to three hours, but also the backwardness of the上海乌托邦

then small fishing village which dissuaded the Hong Kong residents from visiting Shenzhen.

Today, Hong Kong residents marvel at the pace and ease with which Shenzhen has transformed into上海乌托邦品茶微信

a global innovation center, offering more opportunities and oozing more vitality than Hong Kong.

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companies and co上海419论坛will foot the bill fo

r the tariffs imposed on Chinese goods, said Ruan Zongze, executive vice-pres

ident of China Institute of International Studies, a government think tank.上海419论坛品茶微信

Ruan, also speaking at the seminar, said US households are expected to pay up to $1,000 in additional costs annually as the pro

上海419论坛品茶微信posed levies on roughly $300 billion in Chinese imports will mainly target consumer goods.

Gao said negotiating teams from both countries have maintained communication. The two sides agreed dur上海419论坛

ing the latest meeting in Shanghai to meet for the next round of talks in September in the US.

He said the list of “unreliable entities”, a blacklist of foreign parties that harm the legit上海419论坛

imate interests of Chinese companies, is undergoing necessary procedures and will be published shortly.

The list will apply to entities that do not comply with market rules, violate contracts or hinder supplies to Chinese

上海419论坛品茶微信firms for noncommercial reasons.Hong Kong’s educators on Thursday expressed concern

over the secondary school students’ participation in political assemblies, calling it a “worrying sign”.

Hundreds of students, along with some teachers and parents, staged a rally at the Edinburgh Place, a public square in Cen上海419论坛

tral, adjacent to the Victoria Harbour, against the now-shelved extradition bill.

Some students said they would hold strikes every Monday starting Sept 2, the first day of the 2019-20 academic year.上海419论坛品茶微信

Ho Hon-kuen, principal of Elegantia College, a local secondary s

chool, called the assembly a “one-sided event” with no discussion on different views.上海419论坛

One of their demands was the release of all the lawbreakers arrested during prot

ests, which is “very dangerous” and goes against the city’s core value-the rule of law, Ho said.

Ho, who is also the chairman of a leading education group, Education Convergence, s上海419论坛品茶微信aid that members of the secondary ed

ucation system, including students, teachers and schools, should not be pulled into any political disputes.

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Heong recommende上海后花园e ong governmen

take steps to ensure land supply for public housing, raise the mini

mum wage and create more well-paying jobs to improve social mobility for young people.上海后花园女神会所

The Hong Kong government has announced extra budget measures valued at HK$19.1 billion ($2.4 billion), in

上海后花园cluding relief for small businesses, more student subsidies and benefits for low-income households.

Chief Executive Lam is expected to give a policy address in October, which is likely to include more enhancements, Wang said.

“First and foremost, Lam, with the support of Beijing, must break the stranglehold of local property tycoons on the上海后花园女神会所

real estate market and curb their political influence by greatly increasing land supply f

上海后花园or development and providing more affordable housing for low-income families,” Wang wrote.

“Hong Kong may pride itself as one of the freest economies in the world

but, in fact, the property tycoons are calling the shots on the economy,” he said.

上海后花园女神会所”For better distribution of wealth,” Wang suggested, “the government can also consider raising taxes on those making HK$2 m

illion a year or more, and increasing taxes on property transactions valued at HK$10 million or more.”

Zheng Yongnian of National University of Singapore noted that the mainland has taken the initiative to adjust its policy on Hon上海后花园

g Kong, including the plan to build the Guangdong-Hong Kong-Macao Greater Bay Area.

The 141-kilometer Guangzhou-Shenzhen-Hong Kong Express Rail Link will become the first high-speed railway in上海后花园女神会所

China to have full 5G network coverage along its entire line, Xinhua reported on Wednesday.

China Mobile will work with Chinese telecom giant Huawei Technologies Co Ltd to provide a上海后花园

full-coverage wireless 5G network for the high-speed railway that connects Hong Kong to the Chinese ma

上海后花园女神会所inland, according to Wei Ming, chairman of China Mobile Guangdong branch.

Wei made the announcement in Hong Kong during a meeting to witness the for

ming of a 5G industry alliance in the Guangdong-Hong Kong-Macao Greater Bay Area.

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in the first seven mon 上海龙凤1314Given the widenin

ing gap between increased spending and the slower expansion of income, some local governments, especially at the co

unty level, are facing fiscal pressure. But the central government will transfer more funds to local go 上海龙凤1314女神会所

vernments to ensure stable fiscal spending and further implement tax and fee cuts, the ministry said.

 上海龙凤1314By the end of July, local governments had issued 2.55 trillion yuan in new b

onds for the year, accounting for 82.8 percent of the annual quota of 3.08 trillion yuan.

A quota of 2.15 trillion yuan for local governments’ special bonds-mainly meant to s 上海龙凤1314

upport infrastructure projects-had been 65 percent used up by the end of July, the Ministry of Finance said.

Market speculation is that there will be additional bond quota space to bolster fiscal spending in coming months. But a seni 上海龙凤1314女神会所

or official at the Financial Department of the Ministry of Finance said in an interview this week: “It is unlik

 上海龙凤1314ely that the government will raise the quota for local government bonds, or for the special bonds.”

Local government special bonds are seen as an important measur

e to support infrastructure investment, and they also are not included in local 上海龙凤1314

budgeted debt. The annual quota was set by the Government Work Report in March.

About 1.55 trillion yuan in local government special bonds had been iss 上海龙凤1314女神会所

ued in the first half, the Ministry of Finance said. The remaining 600 billion yuan

issuance must be finished by September-a State Council requirement to speed financing for key projects.

China should have an expansionary and much stronger fiscal policy in order to inc 上海龙凤1314

rease public spending and prevent a further slowing of economic growth, said Yu Yo

ngding, a senior economist at the Chinese Academy of Social Sciences. Yu spoke at a recent forum.

The fiscal deficit ratio, which may surpass the government target of 2.8 per 上海龙凤1314女神会所

cent of GDP this year, should be compensated by issuing more central government

bonds, said Yu, who also suggested the central bank lower interest rates for the bond issuance.

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Nation helping world上海419 shared futureent Xi Jin

Chinese President Xi Jinping delivers a keynote speech and calls for bui

lding a community of shared future for mankind and achieving shared and win-win dev

elopment ami上海419d growing challenges and risks, at the United Nations Office in Geneva, Switzerlan

President’s Thought on Diplomacy has opened new vistas, achieved fresh progress

上海419品茶微信Editor’s note: Xi Jinping Thought on Diplomacy is the fundamental guideline for China’s diplomati

c work in the new era. China Daily is publishing a series of stories to examine how Xi’s proposals have

become internationally accepted and made great contributions to world peace and human progress.上海419

When Brenda Kazule returned to Zambia after completing her master’s degree at the Institute of South-South Cooperation and

上海419品茶微信Development at Peking University in June last year, she had a thick book in her unwieldy luggage.

Kazule, a traditional-affairs officer from Muchinga province, said the book — Xi Jinping: The Governance of China — is import

ant to her because it gave her insights about China’s development as well as the governing of the world’s most popu上海419

lous country by the Communist Party of China, and she wanted to share it with her colleagues.

Since Xi Jinping was elected as general secretary of the CPC Central Committee in November 2012 and p上海419品茶微信

resident of China in March 2013, the country’s diplomacy has opened new prospects and achieved new progress.

上海419The book is a collection of several dozen speeches and essays by Xi on a variety of topics. It interprets the concepts and prin

ciples of the top CPC leadership’s governance and also helps foreign people better understand China’s development

path, its domestic and foreign policies and responses to international concerns about the country.上海419品茶微信

Kazule said what impressed her most about the book was the cou

ntry’s targeted poverty-reduction policy and Xi’s vision on building a community with a shared fut上海419

ure for mankind.f poverty alleviation efforts aim to solve a problem in China, the vision of building a community with a sh

ared future for mankind paints a picture of the whole world working together for com上海419品茶微信

mon development and prosperity — as in a global village, where all countries have a common destiny, she said.

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The Italian Senate will上海419论坛 on Aug 20 for a m

Parliamentary party leaders in the Senate on Aug 13 decided the date when Prime Minister Gius

eppe Conte would face the vote in parliequested last week by League party leader, Matteo S上海419论坛

alvini. The League party had formed a coalition with Conte’s Five Star Movement.

上海419论坛The two coalition partners have been at odds on most issues since they joined forces to run the country last year. Salv

ini, whose popularity has been soaring, wants Italians to go to the polls quickly, possibly as early as October.上海419论坛女神会所

Politicians from all the parties in parliament said Prime Minister Giuseppe Conte will address the S

enate on that day. Conte must offer his resignation to President Sergio Mattarella if the motion passes.

President Donald Trump will welcome the Romanian President Klaus Iohannis to t上海419论坛

he White House on Aug 20. Trump and Iohannis will discuss shared security challe

nges facing the US and Romania and ways to advance trade and energy partnerships.

The visit comes in the 15th year of Romania’s membership of NATO.上海419论坛

Local governments told to provide accurate information to authorities

Authorities have found a series of problems上海419论坛女神会所

while carrying out the third national land survey, warning local gover

nments and natural resource departments to fulfill their responsibilities.

上海419论坛The problems were outlined on Friday by the Ministry of Natural Resources and the central

government supervision team, and involved 20 provinces, municipalities and autonomous regions.

In Qinghai province, for example, local natural resources department and sup上海419论坛

ervisory teams were blamed for not taking the field surveys seriously, nor did they urg

e that uncovered problems be corrected in accordance with rules and regulations.

In Yulin, Shaanxi province, entities did not fully carr上海419论坛女神会所

y out the investigation responsibly, resulting in imprecise

outcomes, and county-level authorities deliberately changed and forged mapping data.

“Those cases reflected problems, such as poor quality surveys a上海419论坛nd data accuracy. I hope that will be a w

arning for future work,” said Wang Guanghua, vice-minister of natural resources.

He said the ministry will not tolerate the forging of data.上海419论坛女神会所

The third national land survey was launched in 2017

by the State Council, aiming to thoroughly check the status of the country’s l

and use, collect accurate data, and improve the mechanism of surveys and statistics.

www.qinhuaili.cn