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Signs of ‘terrorism’ see 亚博平台娱乐419rest their way throug

?arrested as unlawful protests continue, violent acts spread over weekend in SAR

Violence has escalated to a point that smacks of terrorism in the Hong Kong Special?亚博平台娱乐419

Administrative Region, China’s top authority on the city’s affairs warned on Monday.

?亚博平台娱乐419品茶微信In Beijing, Yang Guang, a spokesman for the Hong Kong and Macao Affairs Office of the State Coun

cil, said radical protesters have repeatedly attacked police officers in the past few days and have com

mitted serious violent crimes. Such violence has begun to show the “first signs of terrorism”, Yang said.?亚博平台娱乐419

Yang strongly condemned protesters who threw gasoline bombs at police officers on Sunday night.

?亚博平台娱乐419品茶微信A very small number of rioters hurled the bombs at police officers at police sta

tions in Cheung Sha Wan, Tsim Sha Tsui and Wan Chai on Sunday night. A police off

icer was hit by one such bomb thrown by a protester in Tsim Sha Tsui, causing burns to his legs.

An initial diagnosis showed that the officer suffered second-degree bu?亚博平台娱乐419品茶微信

rns on 10 percent of his left leg, and first-degree burns on 3 percent of his right leg.

“We express our strong indignation and condemnation of this sinister, reckless and serious crime,” Yang said.

Such violent acts have brutally violated the rule of law and social order in Hong Kon?亚博平台娱乐419

g, seriously threatened the lives of Hong Kong citizens and challenged Hong Kong’s prosperity and stability, he added. Such

acts must be “resolutely cracked down upon” in accordance with the law, and the affairs of

?亚博平台娱乐419品茶微信fice firmly supports Hong Kong police enforcing the law and bringing criminals to justice as soon as possible.

The central government’s liaison office in Hong Kong also issued a serious condemnation of violent lawbreakers.

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IMF report proves 亚博平台娱乐419t manipulating currency

The latest report by International Monetary Fund (IMF) conclude

亚博平台娱乐419d that the exchange rate of the Chinese yuan was “broadly in line with medium-term f

undamentals”, and the Chinese monetary authority barely intervened in the foreign exchange market.亚博平台娱乐419

The report, released late Friday in Washington, was a blow to the lab

eling of China as “a currency manipulator” by the US administration, experts said.

The value of the Chinese currency and the country’s external position i

亚博平台娱乐419品茶微信n 2018 were “broadly in line with the level consistent with medium-term fun

damentals and desirable policies,” the report said, citing that China’s current account surplus fell by around 1 pe

rcentage point to 0.4 percent of GDP in 2018 and is projected to remain contained at 0.5 percent of GDP in 2019.

Estimates showed that the People’s Bank of China, the country’s central ban亚博平台娱乐419

k, has had “little FX intervention”, said the report, which is based on IMF’s latest Ar

ticle IV consultation with China, a review of the Chinese economy that concluded on July 31.

亚博平台娱乐419品茶微信The IMF’s conclusion came in just four days after the US Treasury officially la

beled China as a “currency manipulator” on Monday. The Chinese yuan

weakened to beyond 7 per dollar for the first time in more than a decade earlier this week.亚博平台娱乐419

“The IMF conclusion is objective and reflected that the renminbi was assessed to be broadly

in line with medium-term fundamentals. The result kept pace with what it said in July,” said Zhang Xiaohui, a s

亚博平台娱乐419品茶微信enior researcher of the China Finance 40 Forum (CF40), and former assistant governor of the PBOC.

What the IMF concluded is a just decision, reflecting that the US labeling simply doesn’t hold water, according to Yu Yo

ngding, a senior economist at the Chinese Academy of Social Sciences and a consultant of CF40.

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Fiscal, monetary poli亚博平台娱乐419p economy stable

As prevailing uncertainty around trade will still weigh on private secto

亚博平台娱乐419r confidence, we continue to expect policy efforts to boost direct public spending. O

n the fiscal front, the pace of government bond issuance will likely remain relatively fast at around June’s l

evel in the coming couple of months to support infrastructure spending,” he said.亚博平台娱乐419

The Political Bureau meeting said China’s economy is facing “new risks a

亚博平台娱乐419女神会所nd challenges” and the country will continue to carry out supply-side structural ref

orm, boost domestic consumption, further open up the economy and stabilize foreign trade and employment.

On Monday, Xi said that “while difficulties and challenges in economic operati

ons should be noticed, the economy’s long-term improving trend remains unchanged”.亚博平台娱乐419

“(China will) unswervingly deepen supply-side structural reform and foster new gro

wth engines to push high-quality economic development in a down-to-earth manner,” he said.

亚博平台娱乐419女神会所ndependent travel to Taiwan will be suspended from Thursday, given current cross-St

raits relations, according to a Ministry of Culture and Tourism statement on Wednesday.

The so-called self-guided travel to Taiwan has been trialled since June 2011.亚博平台娱乐419

Under the terms of the program, mainland residents in 47 cities including Beijing, S

hanghai and Xiamen in Fujian province can apply for individual entry permits to Taiwan.

亚博平台娱乐419女神会所Travel agency sources said that all tourists with plans to visit Taiwan now have to join tour groups.

Most of the trainees at vocational education centers in the Xin-jiang Uygur autonomous region have graduated from th

e centers and have started to play a positive role in the society, Xinjiang officials said on Tuesday.亚博平台娱乐419女神会所

The centers aim to help people who have been influenced by terrorism and extre

亚博平台娱乐419mism understand their mistakes and the possible public harm they could cause, they said.

“Many people have found suitable jobs that they like after graduation and begun to ha

ve considerable income. Furthermore, they have also been helping others to pursue a better life,” s亚博平台娱乐419女神会所

aid Shohrat Zakir, chairman of the regional government. He spoke in Beijing at a n

ews conference on Xinjiang’s development held by the State Council Information Office.

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hina-US trade talks to 亚博平台娱乐419me in Shanghaid conditi

City has ‘good conditions’ for hosting negotiations, ministry spokesman says

?亚博平台娱乐419Top negotiators from China and the United States will meet in Shan

ghai on Tuesday and Wednesday for the first time since President Xi Jinping and his US coun

terpart Donald Trump agreed in June to resume economic and trade consultations.?亚博平台娱乐419女神会所

Analysts said that holding the 12th round of talks in Shanghai, the c

?亚博平台娱乐419ountry’s financial hub, will help the US have a more direct understanding of China — a nation

that is determined to further open up. Previously, the trade talks in China took place in Beijing.

Ministry of Commerce spokesman Gao Feng said that holding the negotiations in different plac?亚博平台娱乐419女神会所

es is not unusual. “Shanghai has good conditions for conducting consultations,” Gao said.?亚博平台娱乐419

The meeting is expected to implement the consensus reached between the top leaders of both

?亚博平台娱乐419女神会所countries at the G20 Summit in Japan last month, Gao said at a regular news conference.

US Treasury Secretary Steven Mnuchin and Tr

?亚博平台娱乐419ade Representative Robert Lighthizer will meet wi

th Vice-Premier Liu He to continue negotiations aimed at improving the bilateral trade re

lationship, the White House said in a statement on Wednesday.?亚博平台娱乐419女神会所

Ni Yueju, a researcher at the Institute of World Econo

mics and Politics at the Chinese Academy of Soc

?亚博平台娱乐419ial Sciences, said Shanghai remains at the forefront of the country’s opening-up.

“The choice to hold the next round of trade talks in Shanghai demonstrates Chi

na’s determination to further open up the economy,” Ni said, adding that the cou?亚博平台娱乐419女神会所

ntry’s first free trade zone was located in the municipality.

“The planned negotiations will mainly cover issues th

?亚博平台娱乐419at have not yet been resolved, for example, whether the US will lift tariffs o

n Chinese products and remove Chinese companies from a blacklist,” Ni said.

The US placed several Chinese companies, like t?亚博平台娱乐419女神会所

elecommunications giant Huawei Technologies, on an Entity List tha

t prevents them from buying from US companies without Washington’s approval.

?亚博平台娱乐419″In the upcoming talks, the two sides may also discuss whe

ther China will resume its purchase of US agricultural products,” Ni said.?亚博平台娱乐419女神会所

If both sides can negotiate on the basis of sincerity and equality, they may achi

eve some breakthroughs in addressing the aforementioned issues, Ni added.

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calls for commitment to亚博平台娱乐419mf the Commf respon

President Xi Jinping called on Wednesday for better a

亚博平台娱乐419ssumption of responsibilities and zero complacency in deepening reform to break through block

ades of vested interests and institutional ailments hindering development.

Xi, also general secretary of the Communist Party of China Cen

tral Committee and chairman of the Central Military Commission, spoke while pre亚博平台娱乐419品茶微信

siding over the ninth meeting of the Central Committee for Deepening Overall Reform.

Xi, head of the committee, said deepening reform is a major indicator that the P

亚博平台娱乐419arty is staying true to its original aspirations and keeping its mission firmly in mind.

He urged Party members to become more purposeful in thought and action while pursuing reform to tackle diffi亚博平台娱乐419

culties, strengthen weak areas and ensure policy implementation, according to a statement released after the meeting.

The meeting reviewed and passed a numb

亚博平台娱乐419品茶微信er of guidelines and plans, including a plan to establish a national commit

tee on ethics in science and technology and a guideline to step up protection of intellectual property rights.

Establishment of the national committee on ethics of science and technology will promote

亚博平台娱乐419the development of a more comprehensive, ordered and coordinated governance system for science and techn

ology, the statement said. The meeting highlighted the importance of more standardized governance, more detaile

d laws, regulations and review rules, and more standardized scientific research activities.亚博平台娱乐419品茶微信

In stepping up intellectual property rights protection, the country will refine prote

ction in IPR review, authorization, law enforcement and arbitration procedures.亚博平台娱乐419

The meeting also passed a guideline on accelerating the development o

f a comprehensive governance system for the internet. It called for gradual develo

pment of such a system for the internet covering leadership, spreading information wit亚博平台娱乐419品茶微信

h positive energy, content management, social coordination, the rule of law and technological management.

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urged to comply with亚博平台娱乐419WTO rulingganization he

Washington’s countervailing measures on Chinese imports violate body’s laws

The United States has challenged the authority of the World Trade Organization by ignoring a亚博平台娱乐419

WTO ruling, and such a move may escalate trade tension with China, experts said on Wednesday.

亚博平台娱乐419品茶微信The WTO announced on Tuesday that the revised countervailing measures imposed by t

he US on imports of certain products from China were inconsistent with WTO laws.

However, the US failed to comply with the WTO ruling and亚博平台娱乐419

accused China of “using State-owned enterprises to subsidize its economy”.

亚博平台娱乐419The WTO mechanism is what members use to settle trade disputes, and countries in most cases abide by the rulings made by th

e organization, said Xue Rongjiu, deputy director of the China Society for WTO Studies.亚博平台娱乐419品茶微信

“If member economies don’t follow this procedure, the rule-based global multilateral system

will be damaged and threatened by protectionism,” Xue said, adding that under such circumstances, some

亚博平台娱乐419members may be forced to also use trade as a geopolitical weapon to ensure their interests.

Upholding the findings of a WTO dispute panel made public in March 2018, a WTO appellate body ruled that the US acted inc

onsistently with its provisions of subsidies and countervailing measures agreement.亚博平台娱乐419品茶微信

The Ministry of Commerce urged the US to take immediate and concrete

action to “correct the wrong practices” in the anti-subsidy investigation against China and to c

亚博平台娱乐419reate a fair and stable international trading environment for companies from both countries.

“Although both the panel of experts and the appellate body in this case

have ruled that the US countervailing measures violate WTO rules and asked the US to c亚博平台娱乐419品茶微信

orrect its action, the US didn’t comply with the WTO ruling and continued to adopt tra亚博平台娱乐419

de remedy measures against Chinese products in recent years,” the ministry said in a statement on Tuesday.

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uangxi’s plan on fina亚博平台娱乐419-up gateway for

The pilot plan also includes construction of a higher education cluster and synergetic platform which integrates production, teach

The Nanning municipal government and the financial supervision admini亚博平台娱乐419

stration of Guangxi Zhuang autonomous region officially issued the?Construction Plan of the

亚博平台娱乐419品茶微信Financial Opening-up Gateway Nanning Core Area for ASEAN (2019-2023)?on July 7.

The plan shows that Guangxi will strive to establish a regional leading financial industrial structure a

nd a distinctive financial industry functional system by 2023, as well as complete the亚博平台娱乐419

?basic?construction of Nanning Core Area, which will serve as the financial opening-up gateway for ASEAN.

亚博平台娱乐419品茶微信The plan is divided into six parts, with the scope covering 2.6 square kilometers of Nanning Wuxiang New District and the sur

rounding areas.?The?key issues are divided into 121 items in 21 sectors. It requires the integration of financial ins

titutions’ business formats and functional types, as well as?the construction of financial headquarters, fin亚博平台娱乐419

ancial information service areas, financial operation service areas, and science and technology financial industry zones.

The plan focuses?on Nanning Core Area, establishing an insurance innovation comprehensive experim

亚博平台娱乐419品茶微信ental pilot zone, as well as a?green finance reform and innovation demonstration zone.?It?will bu

ild a?regional RMB offshore financial center, regional currency transaction clearing center, as well as?a cross-border inv

estment and financing service center.?It will create?a financial 亚博平台娱乐419品茶微信back-office service base, wealth management service base, financial information se

rvice base, and financial exchange training base.?It will form?a China-ASEAN commodity spot trading market, gold ind

ustry trading market, regional equity investment market, regional property rights trading market, and capital cu

亚博平台娱乐419品茶微信ltivation service market.?It will?improve?the area’s?building supply, inte

rmediary service, credit reporting service, living service, talent support, and business environment.

The planning period is 2019-2023 and is clearly implemented in three phases: the first phase will be?fully launched in 2019; the s亚博平台娱乐419

econd phase will be?effective by early 2020; and the third phase will?be?completed by 2023.亚博平台娱乐419品茶微信

In the future, Nanning will fully build Nanning Core Area, striving?to take the lead in achievi

ng?key policies, major projects, and key supporting projects?to provide an open?financial gateway for ASEAN .

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The two countries sh亚博平台娱乐419品茶微信nce cooperation on

Sino-US leaders’ 亚博平台娱乐419品茶微信meeting on the sidelines of gathering in Japan expected to ease tensions

Pres亚博平台娱乐419品茶微信ident Xi Jinping’s upcoming trip to Japan for the G20 Summit will reinforce international consensus on upholding multila

teralism and an open economy amid rising protectionism that looms large over the global economy, observers said.亚博平台娱乐419品茶微信

They said Xi’s upcoming meeting with United States President Donald Trump on the亚博平台娱乐419品茶微信

sidelines of the summit could also de-escalate bilateral trade tensions between the world’s two largest economies.

亚博平台娱乐419品茶微信Xi will be in Japan from Thursday to Saturday to attend the 14th G20 Summit in Osaka at the in

vitation of Japanese Prime Minister Shinzo Abe, Foreign Ministry spokesman Lu Kang said on Sunday.亚博平台娱乐419品茶微信

President underlines two-way cooperation, strategic coordination

China and Turkey should enhance mutual strategic trust and respect each other’s core interests

and major concerns on such issues as sovereignty, independence and territorial integrity, President Xi Jinping said on Tuesday.

Xi made the remark while meeting with Turkish President Recep Tayyip Erdogan at the Great Hall of the People in Beijing. Previously, Xi hosted a welcoming ceremony for Erdogan.

Erdogan said that Turkey firmly supports the one-China policy, and that it is a fact that the people of all ethnicities in Xinjian

g are leading a happy life amid China’s development and prosperity. Turkey will not allow anybody to sow dissension among the two countries, he said.

Noting that both China and Turkey are important emerging markets and developin

g countries, Xi said it is of great significance for them to enhance strategic cooperation.

The two countries also should strengthen strategic coordination, consolidate the politica

l foundation of the China-Turkey strategic cooperation and cooperative relationship, a

nd ensure that the bilateral relations always operate on a healthy and stable track, Xi said.

China appreciates that Erdogan has reaffirmed his commitment many times to not allow any forces to carry out anti-Chinese or separatist activities in Turkey, Xi said.

China attaches great importance to Turkey’s stance of supporting China’s fight against te

rrorism, Xi said, adding that China would like to enhance their anti-terrorism cooperation.

Xi said the two sides should enhance connection of development strategies and deepen practical cooperation. Hailing Turkey as an important partner for join

tly building the Belt and Road, Xi said that China would like to speed up connecting the Belt and Road with Turkey’s Middle Corridor plan, and pro

mote the cooperation in areas including trade, investment, science, energy, infrastructure and major projects.

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Guo Rui, a professo 亚博平台娱乐419r of international relations at Jilin

University, said, “Although the DMZ meeting has created significant momentum that will help restart a change on the Korean Peninsula, as sanctions will remain in place, chances are

?亚博平台娱乐419品茶微信not high that the meeting will lead to a major change in the short-term trajectory of denuclearizing the peninsula.”

One of the most encouraging signs that emerged from the meeting between President Xi Jinpi

ng and US President Donald Trump on the sidelines of the G20 Summit in Osaka on Saturday was the s?亚博平台娱乐419

oftening of Trump’s stance on the sanctions the US administration had imposed on Chinese telecommunications equi

pment provider Huawei. Trump said US companies can continue selling telecom components to Huawei.?亚博平台娱乐419

If US companies indeed continue selling telecom components to Huawei, it will come as a big relief to the world at a time when th

e international community fears the “technology decoupling” of world’s largest and second-largest economies could u?亚博平台娱乐419品茶微信

ndermine global technological development, especially the commercialization of 5G technology, in which Huawei is a leading global player.

Previously the US administration was reportedly mulling banning 5G telecom equipment designed and manufactured in China, includin?亚博平台娱乐419

g those made by multinational companies such as Ericsson and Nokia, from the US market.
The fact is, as a global leader in 5G, Hu

?亚博平台娱乐419品茶微信awei is too big to fail. After the US administration banned American companies from selling chips to Huawei an

d other Chinese companies, Silicon Valley has suffered as much, if not more than, Huawei. Besides, some companies co

ntinued to supply chips to Huawei via their overseas branches in order to avoid violating the US ban.?亚博平台娱乐419品茶微信

Hopefully, the Xi-Trump meeting and the likely resumption of trade talks between China and the U

S will prompt Washington to adopt a consistent and the right approach toward Chinese high-tech co

mpanies, not least because China tends to treat all companies, domestic as well as foreign, equally.?亚博平台娱乐419品茶微信

For example, with research and development centers and manufacturing bases in China, Er

icsson and Nokia have won big contracts in the just launched bid for 5G network devices. These companies hav

e been supplying to markets and serving telecom operators and enterprises across the globe, by capi

talizing on China’s skilled workforce, world-class infrastructure and complete industrial chain.

Yet, if the US does not lift the ban, such companies would have to endure higher production co

sts. They could even be forced to transfer their businesses out of China, although both Ericsson and Nokia cl

aim they can operate production bases in other countries despite the higher costs, due to the flexible supply chain.

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India to impose retalia亚博平台娱乐419品茶微信roductsmedia

The Indian governmen亚博平台娱乐419品茶微信t has decided to impose retaliatory d

uties worth over 200 million US dollars on 29 products from the United States to co

unter the penal duties imposed on Indian aluminum and steel, local media reported Saturday.

The decision, to be officially notified on Sunday, came a few days ahead

of the scheduled visit of the US Secretary of State Mike Pompeo to India to discuss def

ense and trade issues, the Hindu Business Line quoting an unnamed government official as saying.

In June last year, India announced retaliatory tariffs worth 230 million US dollars on 29 US goods. However, India h

as since been postponing implementation of the duties in a bid to address trade concerns.

The trade concerns including the proposed withdrawal of the Generalized System of Preferences by the United States o

n India taking effect on June 5, may have prompted New Delhi to finally put the duties in place, the report said.

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