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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cooperataid上海龙凤1314品茶微信Erdogan said that the

In addition to th上海龙凤1314品茶微信e exhibition, inheritors of intangible cultural heritages for

上海龙凤1314m Guizhou demonstrated the production process of the traditional handicrafts. Visitors can enjo

y Guizhou’s liquor and tea while admiring the intangible cultural heritage performances.

上海龙凤1314品茶微信hinese restaurant Summer Palace at China World Hotel began serving the Peking roast du

ck last week under the guidance of Chef Yuan Chaoying, a culinary expert specializing in Beijing cuisi

ne. The chef is bringing the golden-brown, mouthwatering dish for customers throughout the summer.

“From the Forbidden City to the Temple of Heaven, Beijing has plenty of incredibl上海龙凤1314品茶微信

e sights. But one of the city’s greatest attractions, Peking duck, is actually made in the kitchen,” said Ste

phan Kapek, general manager of the hotel. “Summer Palace now has its own version of this iconic dish.”

上海龙凤1314The activity is part of the 2019 China Tourism Culture Week, which is hosted by the Ministry of Culture and Tourism. It is t

aking place in 34 China Culture Centers and 19 China National Tourist Offices around the world from May to June.上海龙凤1314

At a time when the world has reached a critical crossroad with global economic growth foundering, and raging trade frictions and development problems com

ing to the fore, Xi has embarked on a series of overseas trips since the beginning of June to promote multilateralism, free trade and economic gl上海龙凤1314品茶微信

obalization. By so doing, he has sent a clear signal to the world once again that China, as a responsible power, stands by int

ernational rules and is committed to addressing international issues, driving global growth and promoting peace.

However, the road ahead for China is far from smooth, typically fraught with risks.

上海龙凤1314品茶微信And although Trump has allowed US companies to sell components

to Huawei, he did not remove the company from the US’ blacklist. Which suggests the two sid

es need to make greater efforts to narrow the fundamental gaps underlying the Sino-US trade dispute.

But since a comprehensive, enforceable deal could still prove elusive, China will continue to

deepen reform and opening-up to cope with any risks and challenges that emerge in the future

weishow.com.cn

Sun was joined o上海龙凤1314女神会所expedition by other

 two female Chi上海龙凤1314女神会所nese climbers: Ma Liyamu from the Xinjiang Uygur autonomous region, and Tsang Yin Hung from Hong Kong.

For Ma and Tsang, it was their second ascent to the summit of Mount Qomolangma, as Ma had reached th

e top of the mountain in 2016, and Tsang conquered it in 2017. But for Sun, this was her first such experience.

“What surprised me when I reached the top was the shadow of Mount Qom

olangma on other mountains. It was simply magnificent and stunning and it was a heavenly experience,” she shared.

Growing up, Sun didn’t have any aspirati

ons to climb Mount Qomolangma, but she loved drawing, especially nature and mountain scenes.

Having worked as a designer, she had some mountaineering exp

erience after climbing Mount Manaslu in September last year. Before she came into contact w

ith Ma, it was not in her mind to form an all-female, all-Chinese team to summit the mountain.

nyavov.cn

These high net worth individuals each possess inve

Meanwhile, 79 percent of the Chinese high net worth individuals polled said they are optimistic about their inves

tment returns for the next six months, while the average number was 62 percent in the North Asian markets.

Despite the fact that the benchmark Shanghai Composite Index sh

ed nearly 24 percent in 2018, 67 percent of Chinese participants said they will increase their inv

estments in the stock market in the next six months, much higher than the 51 percent registered in North Asia on average.

UBS found that cash still makes up about 30 percent of the investmen

t portfolios of Chinese high net worth individuals, which is the lowest among all surveyed Asi

a-Pacific markets, and even lower than the global average of 32 percent. Although China’s number is relatively lo

w, it is comparatively one of the most significant parts of the investment portfolios of high net worth individuals.

www.vnynui.cn

improved markedly. Their population has grown fro

rom about 2 million in the 1950s to about 13 million, and their religious rights and practices are protected by the law.

Nor would it adopt a double standard and criticize China’s efforts to counter terrorism and extremism. Last year, tourists fr

om home and abroad paid more than 150 million trips to Xinjiang, thanks to the improved security situation in

the region. That Xinjiang has not witnessed any violent or terrorist incidents in recent years proves the effect

iveness of the joint efforts of the government and local people in maintaining regional peace and stability.

Xinjiang is undoubtedly in its best development stage in histo

ry. Facts speak louder than words, but still they cannot wake up persons pretending to be asleep.

The targeting of Hikvision is just par for the course for the curren

t US administration, which is obsessed with impeding China’s development.

zzyosj.cn

rvices will be provided based on the results of a sur

China will offer customized data services for disaster prevention throug

h its Fengyun meteorological satellites for more countries along the Belt and Road, said a

senior official of the China Meteorological Administration’s National Satellite Meteorological Center.

The services will be provided based on the results of a survey of 81 countries. By the end

of April, 22 countries, including Afghanistan, Pakistan, Iran, Russia, Libya and Sudan, had responded to the survey.

All of the respondents said they wanted to install the application software platforms

of the Fengyun satellites for weather forecasting, as well as climate and environment monitoring.

They also requested a range of services, especially in monitoring rainf

all, droughts, dust storms, heavy fog and lightning, in addition to training courses on F

engyun meteorological satellite data analysis, remote-sensing applications and data collection.

www.yt178.cn

Growth resilience may surprise on the upside in more

 aspects,” he said, adding that besides a growth rate withi

n a reasonable range, the economy is likely to register accelerated prog

ress toward higher-quality development this year amid a new round of reform and opening-up.

“Structural opportunities (in the capital market) may con

tinuously emerge from the development of the new economy and mass co

nsumption upgrades, fueling the long-term inflow of international capital,” he said.

IMF Managing Director Christine Lagarde sai

in a recent interview with China Central Television that China’s economic d

evelopment now allows for “a focus on quality growth”, rather than necessarily quantity growth.

“And China’s development is clearly at the stage whe

re it can afford and should afford to do that,” Lagarde said.

Over the past year, amid the escalation of US-China trade tensions, credit tighten

ing took place in China, macroeconomic stress was seen in Argentina a

yuanzjj.cn

He is scheduled to meet with European Council Presi

sident Donald Tusk and European Commission President Jean-Claude Juncker on Tuesday at the European Union headquarters in the Belgian capital.

The leaders of the two sides will exchange views on China-EU relations and major international

and regional issues of common concern. A number of agreements are to be signed after that.

This is Li’s fifth time attending the China-EU leaders’ meeting as prem

ier, and his sixth visit to a Central and Eastern European nation to attend the China-CEEC

meeting, with the previous five being in Romania, Serbia, Latvia, Hungary and Bulgaria.

Vice-Foreign Minister Wang Chao, who oversees China’s relations with EU

nations, said at a briefing last week that the EU is a highly integrated regional bloc an

d a vital strategic force in the international community. China and the EU share broad com

mon interests in pragmatic cooperation and have a common stance regarding multilateralism and free trade, he said.

The EU has been China’s biggest trading partner for 15 consecutive years and Chin

a is the regional bloc’s second-largest trading partner after the United States, with bilater

9319144.org.cn

Before the start of the China Cup, Cannavaro said that fans

 and media need to focus on long term development of Chinese soccer instead of what happens at the tournament.

“It’s like building a house-the first job is to build a solid foundation,” he said

“Based on that, we can have success. Compared to Japan and South Korea, their plans started decades ago.

“They are 20 to 25 years ahead of China in terms of their soccer development.”

Another factor was that Cannavaro did not recall China’s best striker, Wu Lei, who is now playing for Espanyol in La Liga.

Other experienced veterans, such as captain Zheng Zhi, were passed over in order to make way for younger players.

Cannavaro said he sought out the opinion of Lippi, who now serves as an adviser, including player selection.

www.aishedesac.com

The situation in Beira, a low-lying port city on the Indian

  Ocean, was described by the International Federation of Red Cross and Red Cre

scent Societies (IFRC) as “terrible” following an aerial assessment conducted by the agency Monday.

  IFRC spokesman Jamie LeSueur said that up to 90% of the ar

ea had been destroyed. “The scale of devastation is enormous,” said LeSueur.

  On Sunday, a dam burst cutting off the last road to the city, which aid workers are now struggling to reach.

  A former Portuguese colony, Mozambiq

ue gained independence in 1975 and suffered a 16-year civil war that ended in 1992. Today, despite recent eco

nomic growth, about half the population remains below the poverty line.

  Cylone Idai has caused destruction on such a large scale because of that poverty and lack of infrastructure.

shlfcl.com