They also agreed to 上海419论坛n bilateral ties and activ

vely promote trilateral cooperation, and speed up negotiations on the Regional Comprehens

ive Economic Partnership and the China-Japan-ROK free trade agreement, to jointly safeguard free trade.上海419论坛品茶微信

“China will continue to resolutely promote all-around open

上海419论坛ing-up, … which will absolutely bring new opportunities for the development of the ROK and J

apan as well as providing broad space for trilateral cooperation,” Wang said at a news conference after the meeting.

According to Wang, they also agreed on the necessity of stren

gthening communication and coordination on macroeconomic policy among the three coun上海419论坛

tries and building an open world economy given the downward pressure faced by the global economy.

China, Japan and the ROK are the world’s second-, third- and

上海419论坛品茶微信11th-largest economies, with their total GDP accounting for about 20 percent of global GDP.

“We believe that, as important manufacturing and innovation countries, China, Japan and the ROK should strengt

hen cooperation in such areas as big data, artificial intelligence and 5G,” Wang said, adding that China’s initiative to ma上海419论坛

ke 2020 the China-Japan-ROK innovation cooperation year was positively responded to by the other two sides.

Kang said at the news conference that it is important to explore and expand cooperation to enable the people of the thr

上海419论坛品茶微信ee countries to earnestly feel the benefits brought by trilateral cooperation.

The meeting also approved a concept paper on “Trilateral +X” cooperation, which a

ims to share successful experiences with other countries and promote common development.上海419论坛

This year marks the 20th anniversary of the China-Japan-ROK cooperation mechan

ism. And there was a two-year gap between this year’s meeting and the previous one in 2016.

Zhuang Rui, a professor of Asia-Pacific economics at the University of International Business and Economics in Beiji上海419论坛品茶微信

ng, said the meeting, which came amid tensions in bilateral ties and the trend of anti-globaliz

ation, helped to boost confidence and expectations for regional development and the global economy.

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The essential feature上海千花坊alism with Chinese

characteristics is the leadership of the Party, which plays a central role in co

ordinating the overall situation, he said, citing Shen­zhen as a good example of ha上海千花坊

ndling the relationship between market and government since China’s reform and opening-up began.

上海千花坊女神会所Early this week, Washington will review its decision on Huawei as scheduled. It put the co

mpany on its export-control list on May 15, delaying the restrictions for three months from May 21.

Although it might be the US suppliers of Huawei that care more about the outcome than the Chinese telecommu上海千花坊

nications giant itself, the US should not try to hold Huawei hostage to try and force China into agreeing to an unfair trade deal.

Huawei is confident that no power can hold back the pace with which the world wil上海千花坊女神会所

l step over the threshold into the 5G era and equally sure of its leadership advanta

ges in that technology, which come from its innovation and foresight. It spends about $20 billion a year on research a上海千花坊

nd development, and it has reportedly already begun research on the next generation 6G telecommunications technology.

Its profitability has endowed its vision with practical meaning. In the first half of this year,上海千花坊女神会所

its sales revenue reached 401.3 billion yuan ($57 billion), up 23.2 percent year-on-year, realizing a net profit of a

bout $5 billion — last year the company’s annual net profit was about $8.4 billion.

上海千花坊Indeed, Ren Zhengfei, founder and CEO of Huawei, in his most recent

media interview, even thanked the US for letting the world know how good Huawei is.

Despite this, the US government should take the opportunity to rethink its decision on Huawei.上海千花坊女神会所

However, all the signs suggest the US will not change its mind. Meng Wanzhou, Huawei’s chief financial officer, is still being detaine

d by Canada at the request of the US, and there has been no indication she will be released.

lianweicms.cn

mes reporter Fu Guoh上海楼凤by rioters at the Int

At midnight, violent activists bound the hands of a reporter surnamed Fu from the website of Glob

al Times, accusing him of posing as a reporter. They beat Fu, causing him many injuries.上海楼凤女神会所

The two men remain in hospital.

“We condemn in the strongest terms such acts that are almost terrorism and express

上海楼凤our deep sympathy to the injured mainland residents and Hong Kong police officers,” the spokeswoman said.

“Recently, the radical violators in Hong Kong have completely breached the bottom line of law, m

orality and humanity. Their flagrant acts of serious violent crimes in public are shocking and chilling.上海楼凤女神会所

“Their violence was an extreme contempt for the rule of law, which has seriously damag

ed Hong Kong’s international image and hurt the feelings of compatriots on the mainland.”

She said such violent crimes must be severely punished according to law.上海楼凤

“We firmly support the Hong Kong police force and the judiciary in carrying out reso

lute and strict justice and bringing criminals to justice as soon as possible,” she said.上海楼凤女神会所

Liaison Office condemns violence

“The atrocity has totally gone beyond the bottom line of a civilized soc

上海楼凤iety, which is no different from terrorists’ acts,” the Liaison Office noted in the statement.

In addition, the office pointed out the protesters’ acts, including paralyzing op

erations of the airport and harassing passengers of various nationalities and ages上海楼凤女神会所

severely hurt others’ rights and damaged Hong Kong’s international reputation.

“This time the protesters have torn down their deceptive上海楼凤

masks of ‘peace, rationality and non-violence'”, the statement reads.

上海楼凤女神会所Moreover, the Liaison Office pledged it will continue to assist relevant authoritie

s in safeguarding the personal safety and legitimate rights of mainland residents in Hong Kong.

cctif.cn

new foreign-funded 上海千花坊es were started, the m

With industrial and consumption upgrades, investment in hig

h-tech industries climbed 43.1 percent year-on-year — 29.3 percent of the total FDI — am上海千花坊女神会所

ong which the high-tech service sector gained 97.4 billion yuan in FDI, up 63.2 percent.

上海千花坊Zhang Xiaofan, a partner at Deloitte’s global Chinese services group, said trade tensions between China and the United Sta

tes will not force any country or region to replace China’s position as a key player in the global supply chain.

Because of its members’ different cultures, currencies and po上海千花坊

litical systems, the Association of Southeast Asian Nations cannot match China’s size as a

huge consumption market. Neither can ASEAN members muster as many policy and institutional advantages as Chin

a to fine tune economic structures and fend off potential financial risks, Zhang said.上海千花坊女神会所

China also has a well-developed infrastructure to support the real economy, Zhang added.

Attracted by China’s consumer market driven by an expanding middle-income group

上海千花坊女神会所and fast developing information technology, foreign investment from Germany and the Republic of Korea surg

ed in the first seven months, posting growth rates of 72.4 percent and 69.7 percent year-on-year, respectively.

FDI from the European Union rose 18.3 percent year-on-year, while

FDI from countries participating in the Belt and Road Initiative grew by 5 percent.上海千花坊女神会所

Joerg Wuttke, president of the European Union Chamber of Commerce

in China, said that to prevent risks caused by unilateral actions, China and the Eur上海千花坊

opean Union should further efforts to reach the EU-China comprehensive agreement on invest

ment by 2020, perhaps eyeing a new free trade agreement soon after that.

cn-yongan.com

The IMF is the world’s 上海后花园oritative institution

 to assess exchange rates, not the US Treasury Department,” said Z

hu Jun, director of the International Department of the People’s Bank of China, the central ba上海后花园

nk, at the China Finance 40 Forum on Saturday. The CF40 is a nongovernmental, nonprofit think tank.

上海后花园女神会所The IMF has long been committed to promoting international financial stability

and currency cooperation, redressing the imbalances of international payments, Zhu said.

Citing previous market performance, Zhu said the yuan has depreciated against the dollar fo上海后花园

llowing Washington’s renewed threat of tariff hikes on Chinese goods. Similarly, the yuan fluctuations earlier this m

onth were a natural market reaction, resulting from trade tensions that have been escalated by the US, she said.

上海后花园The yuan weakened to above 7 per dollar for the first time in more than a decade last week,

after Washington’s threat to slap 10 percent tariffs on an additional $300 billion of Chinese goods starting Sept 1.上海后花园女神会所

Shortly after the yuan fell beyond the psychological threshold, the US Treasury Departme

nt declared that China was manipulating its currency to achieve unfair trade advantage.上海后花园

Zhu said that despite the trade tensions over the past year and a hal

f, China has never used exchange rates to respond to external disruptions.

The IMF report, referring to last year’s performance of the yuan, also said that even上海后花园女神会所

though the Chinese currency depreciated against the dollar fairly rapidly

from mid-June to early August, it was “broadly stable” against a basket of benchmark currencies.上海后花园

Moreover, the Chinese monetary authorities took measures, including reintroducing a countercyclical adjus

tment factor, to resist depreciation pressure during that period, according to the report, which is based on the IMF’s latest

上海后花园女神会所Article IV consultation with China, a review of the Chinese economy that concluded on July 31.

The IMF report released last week suggests that the US labeling simply doesn’t hold water, said Yu Yongding, a se

nior economist at the Chinese Academy of Social Sciences and a consultant for the CF40 forum.上海后花园女神会所

The IMF report provides evidence that, rather than artificially depreci

ating the yuan for trade advantage, as the US administration alleged, China has shown a

pattern of commitment to keeping the yuan generally in equilibrium at an adaptive

level, said Liu Chunsheng, an associate professor at Central University of Finance and Economics in Beijing.

www.hebeishengxin.cn

Hong Kong radicals’ att上海419ow signs of terrorism’

The Hong Kong and Macao Affairs Office of the State Council on Monday s

trongly condemned radicals who threw petrol bombs at police officers Sunday night.上海419品茶微信

Yang Guang, spokesman for the HKMAO, said Hong Kong’s radical protesters repeatedly attacking police officers in the pa

st few days have committed serious violent crimes and have begun to show “signs of terrorism”.

上海419品茶微信He said a very small number of thugs hurled petrol bombs at police officers at the police

stations in Cheung Sha Wan, Tsim Sha Tsui and Wan Chai on Sunday night, causing burn injuries to a police officer.

“We express our strong indignation and condemnation of this sinister, reckless and serious crime,” he said.上海419

In the past few days, Hong Kong’s radical protesters have repeatedly attacked police officers with ex

tremely dangerous tools, which brutally violate the rule of law and social order in Hong Kong, seriously threaten the liv上海419

es of Hong Kong citizens and challenge Hong Kong’s prosperity and stability, Yang said.

He said such violent crimes should be “resolutely cracked down on” in accordance with the law, and the HKMAO fir上海419品茶微信

mly supports Hong Kong police enforcing the law and bringing criminals to justice as soon as possible.

Yang called Hong Kong police force “the backbone” in maintaining Hong Kong’s social security and the rule of law.

They have been dedicated to their duties in accordance with the law over上海419

the past two months and their contributions to restraining the riots are obvious to all and

上海419品茶微信have won praise and high respect from all those who love peace and stability, he said.

“Hong Kong has reached a critical juncture,” he said, adding that all those who ca

re about Hong Kong’s future should step up firmly to stop the violence and restore order.

www.9402267.org.cn

Resident of HK angrily reb上海会所esterssident angrily

Lekima, the ninth typhoon of this year, made a second l

anding around 8:50 pm Sunday along the coastline in East China’s Shandong. 上海会所品茶微信

A deadly typhoon has killed at least 32 people in East China’s Zhejiang

上海会所province as of 1:30 pm on Sunday, with another 16 missing, local authorities said.

Most of the deaths occurred in Yongjia county, administered by Wenzhou city, where torrential downpours caused a land上海会所品茶微信

slide that blocked rivers. The barrier lake bursted and flooded people away. Twenty-three died and nine went missing there.

Three were killed in Lin’an, with four missing, while six died in Leqing, and three went missing in Linhai.上海会所

Nearly 1.08 million people have been evacuated to safe places, and close to 5 million

people in Zhejiang were affected, said the provincial flood control headquarters.

Lekima, the ninth typhoon of this year, landed around 1:45 am Saturday in Zhejiang, bringing heavy rainstorms and triggering flash floods.

上海会所In Zhejiang, the typhoon damaged more than 173,000 hectares of crops and 34,000 houses. Direct economic loss a

mounts to 14.57 billion yuan (about $2.1 billion), the headquarters said. Rescue operation is underway.

Lekima is moving northwards and will churn up the east coast of Shandong Province on Sunday.上海会所品茶微信

It is expected to make a second landing along the coastline in Shandong late Sunday, b

ringing strong wind and heavy downpours, the National Meteorological Center warned on Sunday.

上海会所Shandong air traffic management bureau said the typhoon will greatly affect tr

affic in airports of the area. A total of 47 flights have been adjusted.

In Shanghai, the local meteorological observatory issued an orange alert on Typhoon Lek上海会所品茶微信

ima Saturday afternoon, with heavy downpours expected in its urban area within the next six hours.

The Shanghai Disney Resort, including Shanghai Disneyland, was closed on Saturday for safety reasons.

上海会所It is the first time that Shanghai Disneyland has closed

down due to inclement weather conditions since its opening in June 2016.

People who had tickets for Shanghai Disneyland for Saturday can visit the park on a上海会所

ny other day within the next six months (by February 10, 2020), according to the resort.

ashded.com

Inflation rises, but will 上海千花网ntrollable’e produ

There are few factors that would continue to push up inflation except for food, he said. A

uthorities have vowed to keep the country’s monetary policy prudent and will not resort to excessive m上海千花网女神会所

oney supply to stimulate economic growth, thereby helping to stabilize prices, Liu said.

上海千花网Li Chao, chief economist at Huatai Securities, said that the July readin

g may be the highest this year because prices of most items have remained stable or we

akened. As the momentum of price increases for fruit and pork is expected to weaken, CPI growth may trend down in t上海千花网女神会所

he August-October period. “We think the price rise pressure remains controllable,” he said in a research note.

The stable inflation level will not have a significant bearing on monetary policymaking, said Liu of CUFE.

上海千花网But Liu also warned that policymakers should closely monitor the food

price changes and ensure stable food supplies to iron out major price fluctuations.上海千花网

The producer price index, which measures factory-gate prices and co

ncerns corporate profitability, dropped by 0.3 percent year-on-year in July, the NBS said.上海千花网

The fall reflects the easing of GDP growth, which slowed to 6.2 percent year-on-year in the second quarter.

上海千花网女神会所”The fall is in line with market expectations,” said Zhu Jianfang and Liu Boyang, economists at CITIC Securities. The c

ountry’s environmental protection measures, which reduce production capacity, may help bolster PPI in the com

ing months, but the situation will not improve significantly, they said in a research note.上海千花网

Online media registration for the second China International Import Expo opened on Fri

day. The registration system at media.ciie.org will be accessible until September 30.

上海千花网女神会所When registering for a media pass, foreign journalists who will be travelling to China to cover the ev

ent need to specify their outlet in the “foreign media organizations” listing under the media organization categ

ory, and select the “foreigners for temporary stay in China” option when entering their personal information.

changhaisheng.cn

Official data showed that上海乌托邦foreign trade grew

 percent year-on-year in the first seven months of the year to 17.41 trillion yuan ($2.49 trillion).

上海乌托邦During the period, China’s trade with the US declined 8.1 percent year-on-year to 2.1 trillion yuan. The Euro

pean Union remained China’s largest trading partner between January and July, with trade volume

up 10.8 percent year-on-year to 2.72 trillion yuan, followed by ASEAN, up 11.3 percent to 2.35 trillion yuan.上海乌托邦女神会所

Convicts on death row soon will be able to meet not only with their close fami

上海乌托邦ly members but also with other relatives or friends, according to a new guideline rel

ased by the top court on Friday to better protect the rights and interests of those to be executed.

China’s Criminal Procedure Law has permitted death convicts to have contact with their close family members such as a spo上海乌托邦女神会所

use and children before execution, but starting Sept 1, when the guideline takes effect, thos

e about to be executed may also meet with other relatives or friends with a justifiable reason.

上海乌托邦Ni Jianjun, deputy head of the international economics department wi

th China Institute of Contemporary International Relations, said it is possible that Ch

ina can find other markets besides the US to purchase agricultural products, but it may take much time.上海乌托邦女神会所

Hua Changchun, an analyst with Guotai Junan Securities, said the biggest impact of the planned new tariffs o

n the US will be inflation, and it will cause urgent need for the US to find new sources of good suppliers.

上海乌托邦Hua said even though the US planned tariffs targeting Chinese goods will reduce China’s e

xports, US importers also need to bear tariffs and seek new import suppliers from other countries, wh

ich is costly and troublesome. Ultimately, these effects will be reflected in the costs o上海乌托邦女神会所

f US companies’ operation and consumer consumption, creating cost-driven inflation, Hua said.

changjiangjiaoxiang.cn

IMF report proves 上海419t manipulating currency

The latest report by International Monetary Fund (IMF) conclude

上海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.上海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

上海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上海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.

上海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.上海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

上海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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