hinese consumers to drive future global growth

One of Britain’s leading economists said Chinese consumer 上海品茶微信s will be the driving force of future global economic growth.

Jim O’Neill, chair of the international think tank Chatham House and former chief econom

i 上海品茶微信st at Goldman Sachs, made the remarks in a speech on Wednesday at the celebration of the 70th anniversary of th

e founding of the People’s Republic of China and the second China-UK Economic and Trade Forum in London.

“What happens to the Chinese consumers is more important to China’s future,” O’Neill said.

“If China continues with 8 percent nominal GDP gr 上海品茶微信owth, which I believe is 5 percent real (GDP growth), and 3 percent pri

ces (meaning inflation), and if the Chinese consumers become the 50 percent of that total, the change from the next

year to the next decade is somewhere between $11 to $12 trillion, which is equivalent to create another China,” he said.上海品茶微信

O’Neill i 上海品茶微信s known for coining the term BRIC, the group term for Brazil, Russia, India and China, in 2001, to describe the four rapidly-developing nations that symbolized the shifting balance in the global economy.

South Africa was added to the group nine years later, making it BRICS.

“China remains the only one of the BRICS countries that aft上海品茶微信er 17 years has actually done exactly what we had expected it would achieve,” he said.

His opinion is that the ongoing trade dispute with the Un

ited States is not the most important challenge the country currently faces.

To continue its success, O’Neill said, China ne

上海品茶微信女神会所eds to address aspects of its aging population, which is a key contr

ibutor to the economic growth slowdown, and tackle environmental issues and population control in urban areas.

O’Neill is a former British commercial secretary to the Treasury. He said the Belt and Road Initiative, or BRI, initiated six ye

ars ago, will play a “hugely important” role in global trade, which has been buffeted by rising protectionism and unilateralism.

The BRI aims to build the Silk Road Economic Belt and the 21st Century Maritime Silk Road and deliver policies, infra

structure, trade, financial and people-to-people c上海品茶微信女神会所onnectivity via a new platform for a brighter future.

“If it can be implemented collectively, it can transform the trade pattern in Asia, p

articularly between China and India, two of the major BRICS countries,” he added.

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The ongoing G20 summit was regarded as a chance to

o resume the conversation between Chinese and US leadership, which was a positive

上海后花园sign that China and the US intend to promote new economic and trade negotiations, he said.

At the G20 forum, efforts to reform the WTO dispute settlement system should be prioritized to avert the acute Appellate Body上海后花园

crisis that looms in late 2019, Liu said. “China, as a major member of the WTO, will definitely benefit from the organizational reform,” he added.上海后花园

uan Renguo, former chairman of Kweic上海后花园品茶微信how Moutai Group, has been charged with accep

上海后花园ting bribes by Guiyang City People’s Procuratorate, according to Supreme People’s Procuratorate (SPP) on Friday.

The Guiyang City People’s Procuratorate has prosecuted the case to Guiyang City Interm

ediate People’s Court and the court hearing will be held at a later date, the SPP said in a statement on Friday.

上海后花园According to the indictment, he took advantage of his job to gain benefits for other e

nterprises and individuals, then accepted huge bribes either paid in cash or other properties.

Yuan, 62, was born in Renhuai, Guizhou, where the Mo上海后花园品茶微信utai group is located. He joined Moutai in 1975 and became deputy manager in 1990.

上海后花园Between 1990 and 2018, he mainly served as deputy manager and manager of Kw

eichow Moutai Group, vice-chairman and chairman of Kweichow Moutai Group.

He was replaced by Li Baofang as the chairman of上海后花园品茶微信 Moutai group in May 2018. One year later, he wa

s dismissed from the Guizhou Committee of the Chinese People’s Political Consultative Conference.

According to the SPP, the prosecutors informed h上海后花园品茶微信is litigation rights and liste

ned carefully to his lawyer’s statement of defense during the interrogation to protect his legitimate rights.

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Last year, Moutai achieved whole-year sales revenu

ue of 75 billion yuan, up 23 percent year-on-year. Its net profit totaled 34 billion yuan, jumping 25 percent over the previous year, its earnings report said.

上海千花网This year, Moutai aims to achieve sales revenue of 100 billion yuan, growing 14 p

ercent year-on-year, and reaching a net profit of 45 billion yuan. The company said it is strong and confident enough to drive further growth.

上海千花网”The stock market now shows a prominent problem of polarization. Leading

上海千花网上海品茶white-horse stocks have seen continued steady growth. The climbing share price of Mout

ai definitely gave a boost to many white-horse stocks, with the prices of several stocks reaching their new high, while some ot上海千花网

her themed stocks are being marginalized,” said Yang Delong, chief economist at the Shenzhen-based First Seafront Fund.

Market demand for liquor products will likely remain strong, and major spirit makers a

上海千花网上海品茶re expected to witness more steady and structural growth and continue to remain competitive, Zhongtai Securities said in its report.

As the sun sets and the temperatures begin to cool, the evening heats up as night markets start to boom, especially during holidays and festivals.上海千花网上海品茶

The nighttime economy means people can dine, shop and enjoy entertainment at night.上海千花网

Some cities including Beijing, Shanghai, and Jinan have published policies to support and promote the nighttime economy.

China’s electric car startup NIO recalled 4,803 ES8 vehicles, about one-third of the company’s first batch for delivery, Beijing Youth Daily reported on Friday.

The company also promised to compensate all property losses caused by accidents due to battery quality上海千花网上海品茶 according to law, the report said.

Starting from June 27, the company recalled the 4,803 ES8 electric vehicles with power battery packs manufactured between April 2, 2018, and Oct 19, 2018, a上海千花网上海品茶ccording to a notice from the State Administration for Market Regulation.

The power battery pack used in the vehicle within this recall range is equipped with a module of the specification model NEV-P50, which has the voltage sampling harness in an improper position, where it could cause a fire.

In 2018 the trade volume for food service at night increased 47 percent year-on-year,上海千花网上海品茶

which is 2 percentage points faster than the growth rate for food consumption during the day, accordin

g to statistics jointly issued by the China Tourism Academy and online consumption service provider Meituan Dianping.

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During the first five m上海楼凤女神会所, the propert

 the property m上海楼凤女神会所arket remained stable overall, with property sales measur

ed by floor area showing negative growth and sale prices registering slower growth.

Between January and May, sales in commercial residential buildings reached 560 million squ

are meters, down 1.6 percent year-on-year. Among them, sales in residential buildings, office buildings and

commercial buildings went down 0.7 percent, 12.2 percent and 12.9 percent respectively.

Land purchase area and land prices experienced big declines. During the first five months, the land a

reas purchased by property developers fell 33.2 percent from a year earlier, the biggest decline since 1998. Mea

nwhile, land prices fell 35.6 percent year-on-year, marking the biggest drop since the data was released in 2004.

Hot investment in residential buildings and sluggish investment in commercial properties still continued.

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He said Chinese an上海419论坛女神会所ers unanimously decide

d to work togeth上海419论坛女神会所er closely in the joint construction of the Belt and Road and

the African Union’s Agenda 2063, as well as the development strategies of African countries. In that wa

y, they can jointly build a China-Africa community with a shared future and together implement the eight major initi

atives of China-Africa cooperation that chart a new blueprint for China-Africa relations on a higher level.

“I am glad to see that China and Africa have worked together to positively push fo

rward the implementation of the FOCAC Beijing Summit’s achievements, which hav

e already resulted in many early achievements and brought benefits to the Chinese and African peoples,” Xi said.

The world is undergoing profound changes unseen in a centur

y, and the overall rise of developing countries has strong momentum, Xi said.

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The Peking Opera piec上海夜生活品茶微信Blossoms tells the

he love story of上海夜生活品茶微信 Tang Dynasty (618-907) emperor Li Longji and his favorite concubine Yang

Yuhuan. The Chinese orchestral piece Song of Wind gives the audience an intimate overview of

people’s singing and dancing in North China’s Inner Mongolia autonomous region.

When Terracotta Warriors Fantasia-symphonic exploration of Chinese orches

tra music-called an end to the performance, the full house was immersed in applause.

“Chinese musicians are very disciplined and precise, unlike American artists who are more laid back. I hope to see more inte

ractions and cooperation between the two countries’ artists,” says Darrell Holllinquest, a local artist.

Zhang Gaoxiang, deputy head of the China Broadcasting Performing Arts Trou

pe and show director, says the performance aims to showcase Chinese culture and promote cultural dialogue.

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tional Museum of 上海乌托邦女神会所all-encompassing expe

For example, wh上海乌托邦女神会所en the show was staged in the Basilica of San Giovanni Maggiore in

Naples, Italy, in 2017, Iacampo’s team used 3D scanning and mapping techniques to match their desig

ns to the interior of the historic structure, replicating their column designs with the real ones in the church.

Also on show at the exhibition at the National Museum of China is a re-creation of the su

bject of Van Gogh’s noted painting, Room at Arles. The painting depicts his bedroom, one of sev

eral rooms he rented in the building known as the Yellow House in Arles, southern France.

The painting is striking because of the contrast between its bright colors and sharp angles. The roo

m is also a testimony to a meaningful period in Van Gogh’s career: Not only did he aspire to m

ore freedom to his painting in Arles, but also, he invited his painter friend Paul Gauguin to stay and work with him. The

relationship between them gradually became tense and ended in tragedy when Van Gogh cut off his left ear lobe.

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rs are surrounded by a projection of art by Dutch post-imp

isitors are surrounded by a projection of art by Dutch post-impressionist painter Vincent Van Gogh at a National Museum of Chi

na exhibition in Beijing on Saturday. The exhibition presents digitized versions of over 200 of the ar

he artworks of painter Vincent van Gogh are vividly brought to life at an immersive digital exhibition in Beijing, Lin Qi reports.

Sunflowers gently wave in the breeze, windmills start to turn,

and sitting in front of a canvas, an artist selects a color from a pile of paint tubes.

Then, the scene suddenly changes: A vase of blooming flowers app

ears and the water inside starts to overflow before turning into a stream.

These easily recognizable elements from Vincent van Gogh’s paintings have been digi

talized, animated, rearranged and projected onto the ceiling, walls and floor of an ex

hibition space that draws the audience into an immersive look at the life and inner world of the Dutch artist.

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ouse, Spring Festiva上海419论坛品茶微信d celebrating th

 the health and l上海419论坛品茶微信ongevity of the elderly in the family – as its core. Holding a wedding is one of them.

The Marriage Jewelry Series draws inspiration from the grand traditions of the ancient Chinese royal wedding cere

mony, echoing the brand’s philosophy of integrating Chinese-court style into modern creativity, according to the brand.

Architect set up venue in Harbin 19 years ago and is carving out a career in writing.

Strolling down the century-old Central Pedestrian Street in H

arbin, tourists cannot miss the Russian restaurant or the remarkable story of its owner.

For Hu Hong and his 19-year-old Russia Coffee & Food, busy season comes every win

ter as the “ice city” in China’s northernmost Heilongjiang province sees more visitors.

Food lovers come and go, rarely realizing that the Russian meat pies, accordion music and art at the restaurant all come from Hu.

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The Ancient City of 上海龙凤品茶微信ancial center

 for the whole of 上海龙凤品茶微信China from the 19th century to the early 20th century and the birthplace of China’s banking industry.

According to UNESCO Pingyao, founded in the 14th century and located in central Shanxi province, is a globally important anci

ent city which includes three sections: the entire area within the walls of Ping Yao, Shuanglin Temple 6 kilo

meters southwest of the county seat and Zhenguo Temple. UNESCO says the remarkably preserved site retains the his

toric form of the county-level cities of the Han people in Central China from the 14th to 20th century.

The issue of the commemorative coins is not only in recognition of Pingyao’s

past economic prosperity, but also celebrates the bright development prospects for the con

temporary Pingyao, according to the Management Committee of the Ancient City of Pingyao.

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