mmittee of the National People’s Congress, said some US po

liticians have glorified violent crimes in Hong Kong as protests for human rights and freedom, wh上海乌托邦

ile smearing as violent suppression Hong Kong police efforts at law enforcement and maintaining social order.

上海乌托邦女神会所Move expected to energize Greater Bay Area, enrich practice of ‘one country, two systems’

China will support Shenzhen, adjacent to Hong Kong, in building a demonstration pi

lot zone for socialism with Chinese characteristics, under a guideline issued on Su上海乌托邦

nday by the Central Committee of the Communist Party of China and the State Council.

It will help better develop the Guangdong-Hong Kon

上海乌托邦g-Macao Greater Bay Area and enrich the practice of the “one country, two systems” principle, the gui

deline said, adding that it will be a good way to explore a new path in building a great modern socialist country in

an all-around way and providing strong support for realizing the Chinese dream of great national rejuvenation.上海乌托邦女神会所

The guideline said that by 2025 Shenzhen will rank among the

top cities in the world in economic strength and quality of development, with inten上海乌托邦

sive research and development investment and world-class industrial innovation capacity.

It will be built into a modern, international and innovative city by then, with its cultural power greatly enhanced and it上海乌托邦女神会所

s public service level and ecological environment quality reaching an international advanced level, it said.

By 2035, Shenzhen will become a national model of high-quality develo

上海乌托邦pment and a globally recognized center of innovation and entrepreneurship. It will become an exa

mple for China to build itself into a powerful modern socialist country, the guideline said.上海乌托邦女神会所

By midcentury, Shenzhen will become a global benchmark city in

its competitiveness, innovation and outstanding influence, it added.

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Borrowing costs will get lower for companies in China starting Tuesday through a

key interest rate reform brought out by the People’s Bank of China, the central bank, to maintain ec上海419

onomic momentum amid the continuing trade friction with the United States.

上海419女神会所Analysts say the interest rate reform will lower financing costs for small a

nd private companies and encourage investment in the manufacturing sector.

The PBOC unveiled the policy over the weekend, saying it would introduce a new reference rate, the loan prime rate-the pr上海419

ice of loans banks offer their best clients-for setting the prices of business and household loans. The earlier re

上海419ference rate, the one-year benchmark lending rate, will be replaced in the future.

The announcement is seen as China’s most significant market-based interest rate reform for over a decade, experts said.上海419女神会所

The PBOC said in a statement that, starting Tuesday, 18 qualified commer

cial banks, including State-owned banks, city and rural commercial banks and foreign banks, will report their lend

上海419ing reference rate every month. Analysts expect the first loan prime rate will be much lower than the current 4.35 per

cent one-year benchmark lending rate, which has been unchanged since August 2015.

The statement said commercial banks will be allo上海419

wed to float the lending rates up by certain percentage points above the medium-ter

上海419女神会所m lending facility rate of the central bank. The medium-term lending rate is the cost that commercial banks sho

uld pay for borrowing from the central bank, and it was set at 3.3 percent on Thursday.

Sheng Songcheng, a central bank adviser and former head of the PBOC’s

statistics department, said the reform will help keep lending rates lower.

Moreover, the changes will enable the PBOC to effectively influence Chin上海419女神会所

a’s entire interest rate system by selling or buying financial instruments on the open

market, much like how Western central banks implement monetary policy, Sheng said.

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 composed of six deputy group leaders and members from State Council departments and bureaus.

The office of the working group is to be located at the Ministry of Human Resources and Social Security, which will上海楼凤女神会所

be in charge of the regular work, and meetings will be convened from time to time as needed.

Beijing has unveiled a three-year action plan to further reform and expa上海楼凤

nd the city’s service industry, the municipal commerce bureau said on Aug 15.

上海楼凤The plan came up with 190 specific measures to open wider in eight fields in the service sector, including science and tech

nology, internet information, finance, education, cultural tourism, health care and professional services.

New measures will be taken in the professional service field to stre上海楼凤女神会所

ngthen international cooperation of professional service organizations such as law firms.

By easing restrictions and allowing wider market access for overseas investors, Beijing

has seen a growing number of new foreign businesses settled, including Toyota Fina上海楼凤

ncial Services and BMW’s new subsidiary for digital solutions, said Yan Ligang, head of the bureau.

The city’s actual use of foreign capital was $8.59 billion in the first half of 2019, with 755 fo

上海楼凤女神会所reign — funded enterprises set up. The added value of the service industry made up 82.8 percent of the city’s GDP.

The growth rate of the government’s fiscal income slipped to 3.1 percent in the year’s first seven months, the slowest in four years.

But moderation in fiscal income will not weaken authorities’ capacity for expa上海楼凤

nsion of fiscal spending in the second half to back economic growth, economists said.

On Friday, the Ministry of Finance reported 12.56 trillion yuan ($1.78 tr

illion) in fiscal revenue in the first seven months, representing a year-on-year g上海楼凤女神会所

rowth rate of 3.1 percent. That’s down from a 3.4 percent growth rate in the first half of the year.

Fiscal spending grew 9.9 percent from a year earlier to 13.8 trillion yuan i

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about 58 million tons of fertilizer were sprayed on farmland, a decline of nearly 1.25 million tons from the previous year.

The application of fertilizer on land used for the cultivation of rice, wheat and corn has also been more productive, with the utiliz上海千花坊女神会所

ation rate-the amount of nutrients crops can absorb-rising from 35.2 percent in 2015 to 37.8 percent in 2017.

上海千花坊As China continues to strengthen its ability to secure the food supply under all natural conditions, crop losses due to nat

ural disasters have remained at 5.7 percent every year in the past decade, having fallen by a total of 3.6 percentage poi

nts from 1999 to 2008.A medical team organized by the Red Cross Society of China provides help to residents of the vil上海千花坊女神会所

lage of San Jose in Dulag, the Philippines, after a typhoon struck the village in Novemb

Gu Bin, a member of the Chinese Red Cross Foundation, has been to many countries, includi上海千花坊

ng Pakistan and Iraq, to help with humanitarian assistance projects, but she likes Afghanistan the most.

“I have been to Afghanistan four times,” she said. “Although some areas are still in conf

lict and quite dangerous, we feel humanitarian workers like us are most needed there.”上海千花坊女神会所

One of her visits to the country was in April last year, to help carry out a joint program bet

上海千花坊ween the CRCF and the Afghanistan Red Crescent Society. Through the project, Chinese medical e

xperts screen children in Kabul for congenital heart diseases. The experts choose the most serious cases and send these chi

ldren, who are referred by local Red Crescent branches, for free treatment in China.上海千花坊女神会所

“I was shocked to see so many children waiting in line with their parents and relatives outside the clinics to see the doctors,” she said.

Although congenital heart diseases are usually identified and treated very e

arly in China, some of the patients waiting for screening are more than 10 years old and上海千花坊

had not been diagnosed previously due to a lack of access to health care services, Gu said.

“Though the diagnosis was free, many of the children recommended by local Red Crescent bran上海千花坊女神会所

ches are from outside Kabul and did not manage to arrive due to problems such as transportation,” she said.

By November last year, 100 Afghan children with congenital heart disease had re

ceived free medical treatment in China through the project, according to the foundation.

howcode.cn

 The Hong Kong International Airport started to resume operation on Wednesday

after the city’s aviation hub was completely crippled for about two days by protesters.上海楼凤

Passengers are now able to conduct check-in procedures after tickets or purchase vouchers ar

上海楼凤e checked by airport staff. One check-in gate is left open for passengers to pass through.

Dozens of protesters are still sitting outside one of the exits of the arri

val hall. A demonstration area has been marked out with security staff walking nearby.上海楼凤品茶微信

Earlier on Wednesday, the High Court in Hong Kong is

sued an interim injunction order to ban unlawful obstruction of airport operations.

The order, requested by the Airport Authority, prohibits an

y person from unlawfully and willfully obstructing and interfering with proper use of th上海楼凤

e airport, according to a statement issued by the Airport Authority at about 8:30 am.

The authority emphasized that persons are also restrained from attending or participating in any demonstration or prot上海楼凤品茶微信

est or public order event in the airport other than in the area designated by the airport authority.

The interim injunction expressly provides that nothing in the interim injunction shall be construed as authori

上海楼凤zing any demonstration, protest or public order event contrary to the Public Order Ordinance.

Sealed copies of the interim injunction order were posted at the airport at around 2:30 pm.

Starting from 2 pm Wednesday, the airport began to require all passe上海楼凤品茶微信

ngers to show their identity documents and flight information before entering the airport.

Some protesters have been holding unauthorized public assemblies at the airport since Aug 9 and seriously o

bstructed the operation of the airport on Aug 12 and 13, causing a lot of flight cancellations.上海楼凤

Hundreds of flights were cancelled and thousands of passengers were left stranded.

As one of the busiest in the world, the Hong Kong Int上海楼凤品茶微信

ernational Airport handled an average of 200,000 travelers each day in 2018.

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The Liaison Office of the Central People’s Government in the Hong Kong Special Administ

rative Region on Monday “strongly condemned” the violent acts by a small group of lawbreakers, after a polic上海419论坛女神会所

e officer was injured by homemade petrol bombs thrown by radical protesters on Sunday night.

The condemnation came after many civic leaders also expressed concerns over the appalli

上海419论坛ng acts by the radicals during multiple illegal protests at different locations of the city during the weekend.

During the violent clashes on Sunday, some rioters attacked the police stations wi

th highly fatal and destructive weapons, including launched petrol bombs.上海419论坛女神会所

An on-duty police officer sustained burns on both legs after being hit by a petrol bomb in Tsim Sha Tsui.

“There is no place in the world that would tolerate such atrocious violent acts. Hong Ko上海419论坛

ng will slide into an abyss, if such acts of terror were allowed,” the office said in a statement.

The most urgent, common aspiration of the public is to end violence and restore peace and order, the liaison office stressed.

上海419论坛女神会所Thus, it called on the Hong Kong society to firmly support the SAR go

vernment and the police force to bring all violent lawbreakers to justice.

Hong Kong police have exercised restraint and professionalism w

hen handling the violent and illegal protests that be上海419论坛gan in mid-June, the office said.

To date, a total of 12 police officers have been injured by laser beams poi

nted at them deliberately by radicals using laser pens, according to the department. So

上海419论坛女神会所far, about 700 people have been arrested in relation to illegal protests since mid-June.

The office expressed sympathy to injured officers and extended gratitude to the police force and their families.

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 online fraud cases in the first six months of this year, the report said.

上海后花园Sun Jinfeng, deputy director of the ministry’s criminal investigation department, applauded the cooperation, calli

ng for more enterprises and social institutes to join the anti-fraud team to maintain an orderly online environment.

he central government and all walks of life in Hong K上海后花园

ong are worried that social unrest in the city is starting to take its toll on its economy.

上海后花园女神会所Yang Guang, a spokesman for the Hong Kong and Macao Affairs Office of the State Council, said violent clashes between

the police and protesters have affected the city’s economy, harming tourism and retail sales.

上海后花园”The political protests began in June and have had a detrimental effect on Hong Kong’s economy and even dampened ov

erseas investors’ confidence in Hong Kong,” Yang said at a news conference on Tuesday.

He added that flights in and out of Hong Kong, railway operations

and traffic on major roadways in the city were all affected by the general strike on Monday.上海后花园女神会所

Yang’s remarks came after Hong Kong’s top financial official warned that the city’s ec

onomy faces the prospect of a “technical recession period” in the third quarter of this year.

Hong Kong’s economic output in the second quarter increase上海后花园

d 0.6 percent year-on-year, according to its Census and Statistics Department.

“Hong Kong’s economic environment became more challenging in Jul

y, and if there are job layoffs due to the economic downturn, this will affect the livelihood of m上海后花园女神会所

any Hong Kong residents,” Hong Kong Financial Secretary Paul Chan Mo-po said on Wednesday.

He said the government will consider measures to support Hong Kong’s small and medium-sized enterprises and boost emplo

yment in terms of facilitating capital turnover, slashing operational costs and exploring overseas markets.

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The Commissioner’s Office of China’s Foreign Ministry in Hong Kong has lodged stern representations with US Consu

late General on its officer meeting “Hong Kong Independence” activists, a statement on the office’s website said on Thursday.上海419品茶微信

The statement came after it was reported that an officer at the US Consulate Gene

上海419ral in Hong Kong and Macao held a meeting with major “Hong Kong Independence” activists.

An official at the Commissioner’s Office urgently summoned a senior official at the US Consulate General to lodge stern repres

entations, expressing strong disapproval and firm opposition, and requiring clarification, according to the statement.

The official of the Commissioner’s Office emphasized that China is rock-firm in upholding natio上海419

nal sovereignty and security and Hong Kong’s prosperity and stability, and in opposing any inter

ference in Hong Kong affairs by any country, organization or individual in whatever form, the statement said.

上海419品茶微信We strongly urge the members of the US Consulate General in Hong Kong and Macao to abide by international law and basic

norms governing international relations, including the Vienna Convention on Diplomatic Relations and the

Vienna Convention on Consular Relations, and observe their obligations as consular personnel, said the statement.上海419

They are urged to immediately make a clean break from anti-China forces who stir up tro

uble in Hong Kong, stop sending out wrong signals to violent offenders, refrain from meddling with

上海419品茶微信Hong Kong affairs, and avoid going further down the wrong path, said the statement.

China’s foreign trade of goods rose 4.2 percent year-on-year in the first seven m

onths of this year to 17.41 trillion yuan ($2.49 trillion), customs data showed Thursday.

Exports increased 6.7 percent year-on-year to 9.48 trillion yuan during the period,上海419

while imports grew 1.3 percent to 7.93 trillion yuan, the General Administration of Customs (GAC) said.

China saw its trade surplus widen by 47.4 percent year-on-year to 1.55 trillion yuan during the same period.

上海419品茶微信China’s trade mix continued to optimize with the general trade growing both in volume a

nd proportion in the January-July period. General trade grew 5.7 percent year-on-year and accounted for 5

9.8 percent of the total trade, 0.8 percentage points higher than the same period of last year.

Average, Nasdaq Composite and S&P 500 – closed up more than 1 percent each Tuesday.

上海乌托邦After Monday’s selloff, the biggest of the year, Tuesday’s rebound of 312 points put the Dow at 26,023.

On Monday, the Dow lost 767.27 points, or 2.9 percent, after US President Donald Trump called China a currency manipulator.

“There is more uncertainty in the global environment,” Usha Haley, the W. Frank Barton Distinguished Chair in In上海乌托邦

ternational Business and a professor of management at Wichita State University, told China Daily. “It does not contribute t

上海乌托邦女神会所o planning or investment in the global economy and doesn’t benefit China or the US. We’re in uncharted territory.”

“Most investors and traders do not find meaningful the designation of currency manipulator and most belie

ve it is unlikely to foster successful negotiations,” Andrew Karolyi, a finance professor at Cornell University, told Ch上海乌托邦

ina Daily. “Fluctuations in the yuan continue to reflect market supply and demand pressures and have for several y

ears. I would not rule out a US-China trade deal before the end of 2019 or early 2020. There are incentives in both co

上海乌托邦女神会所untries to stabilize trade flows and ease the burden of trade policy uncertainty.”

But Trump may be able to use the currency-manipulation charge to his advantage, one expert said.

“Unfortunately, the declaration that China is a currency manipulator can be used by the pr上海乌托邦女神会所

esident as a reason to take further unilateral actions against China,” Steve Charles Kyle, an economics pr

ofessor at Cornell University, told China Daily. “It is clearly bad news for both the USA and China. The USA will see highe

上海乌托邦r prices as tariffs take effect, and China will see fewer exports as the US buys less and also as production moves elsewhere.”

With equity markets roiled and supply chains disrupted, Goldman Sachs now ex

pects the Fed to cut interest rates by at least a quarter- point i女神会所n September and October.上海乌托邦

Trump has frequently called for more cuts in the federal funds rate, which has a target of 2-2.25 percent.

If inflation is close to the Fed’s 2 percent target in December, Goldman Sachs believes rate cuts will stop.

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President Xi Jinping has encouraged residents of a mountainous township in Fujian provi

 上海419nce to continue their unrelenting efforts to consolidate poverty reduction outcomes and achieve rural vitalization.

Xi, who also is general secretary of the Communist Party of China Central Committee and chairman of the Central Military Co 上海419

mmission, made the remark in a letter replying to residents of the township of Xiadang, in the province’s Shou­ning county.

 上海419In a letter to Xi, the villagers wrote they had shaken off poverty and e

xpressed their gratitude to the CPC Central Committee and the general secretary.

Xi’s letter, published on Tuesday, recalled the three arduous

journeys he made to the township, saying he still has vivid memories of the area. 上海419品茶微信

Xi worked in Fujian between 1985 and 2002. He made his first trip to the township to lea

rn about poverty alleviation and provide instructions on the work on July 19, 1989, when he was Par

ty secretary of Ningde. The township was once among the most remote and poorest areas in Ningde. 上海419

It took him a three-hour car ride and a two-hour walk in scorching sum

mer heat to reach the township, which had no paved roads at the time, according to

Xinhua News Agency. He made another two trips to township, later that year and in 1996. 上海419品茶微信

Xi expressed his delight after learning that the township had shaken off poverty, and he offered hearty congratulations to villagers.

After 30 years of unremitting efforts, Xiadang has shifted from being almost inaccessible to being easily reached and has 上海419

been transformed inside and out, with residents having an increasing sense of gains and happiness, Xi said.

It has been a vivid example of the truth of such sayings as, “A slow sp

 上海419品茶微信arrow should make an early start” and “Little strokes fell great oaks”, he said.

Xi said he hopes the villagers will forge ahead with a persistent spirit, enhance their confi

dence and make sustained and arduous efforts to consolidate the outcomes of poverty reduction.

He also encouraged them to explore a path of rural vitalization with the characteristics of eastern Fujian during the process. 上海419品茶微信

The letter to Xi was written by six Party members on behalf of all villagers in the township.

Xinhua contributed to this story.

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