Abrams

Re-weighting of indexes 上海会所affect capital flows

Major stock and bond index providers have started, or have announced that they inten

上海会所d, to increase the weighting of China’s securities in their respective benchmark indexes over the course of 2019-20.

Global index provider MSCI Inc. announced in February that China’s coverage in the MSCI上海会所品茶微信

Emerging Market Index will increase from its coverage of 235 large-capitalization A-shares to 253 la

上海会所rge-and 168 mid-capitalization stocks. On a pro forma basis, A-shares will constitute 3.3 percent-a significant inc

rease from the current 0.7 percent-of the MSCI-EM Index when the process is completed in November.

The FTSE Russell, the first international index provider of the Chinese mainland’s benchmarks 20 years ago, has elevated Chi上海会所

na’s A-shares to emerging market status and started adding them to the FTSEEM Index from June 24, 2019. Upon f

上海会所品茶微信ull implementation of phase 1 by March 2020, the A-shares will make up 5.7 percent of the index.

And the Bloomberg Barclays Global Aggregate Bond (GAB) Index started the process of including China’s yuan-den上海会所

ominated government and policy bank bonds as a constituent on April 1. Other index providers, such as the FTSE R

ussell and JPMorgan, are reportedly also considering adding China’s debt to their indices.上海会所品茶微信

The MSCI, FTSE Russell and Bloomberg Barclays GAB indexes cover a

sizable share of the investible markets in the world. For example, the MSCI-EM alone is tr

上海会所acked by an estimated $1.9 trillion in assets under management (AUM) from pensions, endowments, passive funds, and

other investors. And the re-weighting of these major global investment indexes is expected to result in a re-allocation of capit

al across emerging markets. As a result, China’s asset market will inevitably become more important for glo上海会所

bal investors, notwithstanding the “noise” created by the ongoing US-China trade tension.

上海会所品茶微信Welcome shift for Chinese firms and global investors

An increased weighting for China’s securities in these indexes in the MSCI would me

an a larger allocation of AUM by foreign fund managers into the Chinese markets. While this shift would b上海会所品茶微信

e a welcome development for both Chinese enterprises seeking financing and global i

nvestors searching for emerging opportunities, it potentially represents bad news for other emerging markets.

gzbbccc.com

The exhibition is the la上海龙凤419themed display eve

 held by the Tokyo National Museum, with 85 percent of the

上海龙凤419品茶微信exhibits on display in Japan for the first time, says Zeniya Masami, executive director of the museum.

Zhou Ming, deputy director of Art Exhibitions China, says he b

elieves the exhibition would arouse a new enthusiasm among the Japanese people for t上海龙凤419

he culture of the Three Kingdoms and help them gain a deeper understanding of the period’s history.

上海龙凤419品茶微信According to the exhibition, the Three Kingdoms period began around 1,800 years ago

amid the chaos of the Eastern Han Dynasty (25-220). The events of this time, along with tales about the rise and fa

ll of the era’s various warlords, were recorded and later became popular legends.上海龙凤419

They provided the inspiration for numerous works of poetry, literature and painting, leading to

the formation of a rich and colorful “Three Kingdoms culture” that still resonates to this day.上海龙凤419

Up until now, the stories of the Three Kingdoms have been contin

uously developed in various forms in Japan, including novels, comics, puppet shows and

上海龙凤419品茶微信
games, with many characters of the Three Kingdoms familiar to the Japanese people.

A project launched by Beijing Normal University invites foreign filmmakers to visit the country

and use film to focus on activities that foster understanding and create bonds, Xing Wen reports.上海龙凤419

The documentaries zoom in on those who make a difference. The Looking China Youth

Film Project, organized by the Beijing Normal University, shows ordinary peop上海龙凤419

le doing extraordinary things or the bond between humans and nature. Their passions are documented by d

omestic and international filmmakers who portray the inspirational activities of their subjects.上海龙凤419品茶微信

Ge Yuxiu’s story puts both beauty and danger in the frame. Crouching, waiting, ready to shoo

t, his military training comes in handy but the shot he takes will be with a camera. Wearing a brown wide-brim上海龙凤419品茶微信

med hat, a khaki vest and faded overalls, Ge is camouflaged in the high grass. At one with nature. He recognizes the

high-pitched chorus of wild birds and insects such as bush crickets and katydids. The wind rustles a scattering of pla

nts on the flat, monotonous and desolated land in Northwest China’s Qinghai province.

roseway2013.org

The headline figure sh上海龙凤419 economy expanded

cent in the second quarter of 2019, down from 6.4 percent in the first qua

rter but still within the government’s annual targeted range of 6-6.5 percent.上海龙凤419品茶微信

Despite the moderating GDP growth, activities rebounded visibly in June, with almost all the growth indicators beating expe

上海龙凤419ctations, a sign that effects of the government’s policies are filtering through, which will be more evident in

the second half, said Mao Shengyong, spokesman of the National Bureau of Statistics.

UBS economist Wang Tao expected the People’s Bank of China (PBO上海龙凤419品茶微信

C), the country’s central bank, to further ease liquidity to ensure continued credit reb

上海龙凤419ound in H2 and cut the reserve requirement ratio (RRR) by 100 basis points without adjusting the benchmark rates.

Cheng Shi, the chief economist with ICBC International Holdings Ltd, echoed Wang’s view and said followi

ng the possible rate cut of the Fed, the PBOC is lik上海龙凤419品茶微信

ely to lower the interest rates of open market operations or the medium-term lending facility.

上海龙凤419The PBOC adopted targeted RRR reduction twice this year to support priv

ate as well as micro and small enterprises. The latest RRR cut, announce

d in May and being conducted in three phases, unleashed a total of 280 billion yuan of liquidity into the market.

The government is expected to continue the proactive fiscal policy, w上海龙凤419品茶微信

ith more support for weak links such as public services and infrastructure.

上海龙凤419Meng Wei, a spokeswoman of the National Development and Reform Commission, said the government would p

ush forward the construction of major projects and boost investment in the private sector.

The growth of infrastructure investment is expected to rebound to “m上海龙凤419品茶微信

id-high single digits” in H2 from 4.1 percent in H1, said Wang Tao, the UBS economist.

The government could also ease the criteria for the issuance of sp上海龙凤419品茶微信

ecial local government bonds, and allow them to fund local infrastructure projects along with

major national projects, said Lian Ping, chief economist with the Bank of Communications.

shoppingfair.org

Qin Fei, general manage上海夜生活ivo’s telecom research i

nstitute, said the company’s 5G smartphone will hit the st

reets in August and the testing speed of its model has reached one gigabit per second.上海夜生活品茶微信

Xiang Ligang, director-general of the Information Con

上海夜生活sumption Alliance, said this year will only see a very small number of 5G smart

phones sold, but companies are all trying to have the first-mover advantage to appeal to consumers.

According to a report by market research company Counterpoint, global 5G smartphone ship上海夜生活品茶微信

ments are expected to reach 108.2 million units in 2021, up an estimated 255 percent year-on-year.

Wigmakers in Juancheng county, East China’s Shandong province, are

making great strides toward the high-end market after several years’ stable development.上海夜生活

Juancheng is a small county with a history of 2,200 years in Sha

上海夜生活品茶微信ndong province, and has a history of more than 40 years in the hair-processing industry.

Hair-processing is one of the pillar industries for Juancheng, whi

ch is known for hair products, and also an important raw material distribution ce上海夜生活

nter and processing and export base for wig products. Currently, Juancheng has a pop

ulation of 900,000, among which 75,000, or nearly one-in-12 work in the hair-processing industry.

上海夜生活品茶微信According to Juancheng’s official website, 220 hair-processing enterprises have been set up in this county, pro

cessing more than 15 million units of wig products annually. In 2017, the hair-processing

industry achieved 1.09 billion yuan in import and export, accounting for 74.67 percent of the total.上海夜生活

In the peak season, there were nearly 2,000 small and micro businesses engaged in wig produc

tion, a man surnamed Liu from a local wig company told Chinese financial news outlet Yicai.

上海夜生活品茶微信Wigs, made from human hair or synthetic fiber, are becoming i

ncreasingly popular, not only in the entertainment industry but also in daily life.

China’s wig producers have high regional concentration, and mainly focus on Henan and Shandong provinces, accor

ding to Northeast Securities. In 2017, Henan’s export in wig products was $1.61 billion, accounting for 50.7 percent, w

hile in Shandong, exports reached $768 million yuan, accounting for 24.16 percent.

www.shoppingfair.org

But removing an e上海后花园e from the Entity List is a co

omplicated process, which requires a unanimous vote of the En

d-User Review Committee, which comprises the Department of Commerce as chair, and the depar上海后花园

tments of state, defense and energy and other agencies. Which means Huawei could remain on the list for some time.

上海后花园品茶微信The US may have relaxed restrictions on Huawei, but that alone is not enough for the Chinese company

to develop its overseas markets. So Huawei can continue to purchase chips and other tech上海后花园

products from US companies to make mobile phones but cannot sell those mobile phones in the US.

Also, the US’ decision to keep Huawei on the Entity List until the concl

上海后花园品茶微信usion of the Sino-US trade negotiations will lead to considerable uncertainty. And the US presi

dential election next year could complicate matters further, as the American public opinion about China,

and the attitudes of the Democratic and the Republican parties could influence the final outcome.上海后花园

The US has relaxed the restrictions on Huawei as a negotiation strategy w

ithout changing its China policy. Since the information and communication te

上海后花园品茶微信chnology sectors of the two countries are still intertwined thanks to economic globalizat

ion, Huawei and China’s high-tech industry have become bargaining chips in Sino-US trade negotiations.

Chinese companies should therefore make greater efforts to intensi上海后花园

fy research and development in technology, particularly in high-tech and

core technologies, so they can better tackle eventualities and ultimately become self-sufficient.

上海后花园品茶微信The author is an associate professor at the Institute of International Relations, Com

munication University of China. The views don’t necessarily represent those of China Daily.

www.prxffc.cn

The longer she lives in上海楼凤more eager Wu is to pro

omote traditional Chinese music worldwide. She never for

gets her roots — the treasures that define who she is, and from where she comes.

上海楼凤Early in 2006, Wu was overjoyed when officials of Carnegie Hall (one

of the world’s most prestigious music venues, in Midtown Manhattan, in New York City) as

ked her to help them produce two traditional-Chinese- music -themed concerts within two years. Within a short time, s上海楼凤女神会所

he began laying the groundwork for the concerts. She made special trips to remote rural areas in Shanxi (in North China) and

上海楼凤Shaanxi (in Northwest China) provinces, to watch folk musicians’ performances and to explore the origin of the tradi

tional Chinese folk music, so she could display the music’s unique charm to audiences outside of China.

“It was quite an interesting experience when I played, with my pipa at Carnegie Hall, the tunes of Shaanxi opera (Qinqiang) and of上海楼凤女神会所

shadow play in 2009. I invited the Huayin Shadow Puppet Band, from Shaanxi, to perform a shadow play in the hall.

上海楼凤Many of the spectators were fascinated by the unique charm of the traditional Chinese culture,” recalls Wu.

n recognition of her virtuosity and collaborations across di

sciplines, Musical America in 2013 named Wu “Instrumentalist of the Year,” marking t上海楼凤女神会所

he first time the prestigious award was bestowed on a player of a non-Western instrument.

In 2017, Sing Me Home, produced by Wu and other members of Silk Road Ensemble, earned them the上海楼凤

Best World Music Album during the presentation of the 59th Grammy Awards, Wu composed.

上海楼凤女神会所Green (Vincent’s Tune), the album’s first melody, based on a tune created by her son. By drawing inspiration from the tun

e, which her then-four-year-old boy often hummed, Wu created the melody. She named the tune “Green”, to praise the b

eauty and exuberant vitality of spring, a season as vigorous and enthusiastic as a four-year-old.

In February 2015, Our World in Song, which featured 12 folk songs (of different countries), was n上海楼凤女神会所

ominated for the 57th Grammy Award for the Best World Music Album. Wu, along with Hawaiian instr

umentalist Daniel Ho and Cuban percussionist Luis Conte, played more than 50 musical instruments for the so

ngs’ accompaniments, creating an attractive, inspiring and exciting global music tour.

pineapplehouse.cn

The longer she lives in上海楼凤more eager Wu is to pro

omote traditional Chinese music worldwide. She never for

gets her roots — the treasures that define who she is, and from where she comes.

上海楼凤Early in 2006, Wu was overjoyed when officials of Carnegie Hall (one

of the world’s most prestigious music venues, in Midtown Manhattan, in New York City) as

ked her to help them produce two traditional-Chinese- music -themed concerts within two years. Within a short time, s上海楼凤女神会所

he began laying the groundwork for the concerts. She made special trips to remote rural areas in Shanxi (in North China) and

上海楼凤Shaanxi (in Northwest China) provinces, to watch folk musicians’ performances and to explore the origin of the tradi

tional Chinese folk music, so she could display the music’s unique charm to audiences outside of China.

“It was quite an interesting experience when I played, with my pipa at Carnegie Hall, the tunes of Shaanxi opera (Qinqiang) and of上海楼凤女神会所

shadow play in 2009. I invited the Huayin Shadow Puppet Band, from Shaanxi, to perform a shadow play in the hall.

上海楼凤Many of the spectators were fascinated by the unique charm of the traditional Chinese culture,” recalls Wu.

n recognition of her virtuosity and collaborations across di

sciplines, Musical America in 2013 named Wu “Instrumentalist of the Year,” marking t上海楼凤女神会所

he first time the prestigious award was bestowed on a player of a non-Western instrument.

In 2017, Sing Me Home, produced by Wu and other members of Silk Road Ensemble, earned them the上海楼凤

Best World Music Album during the presentation of the 59th Grammy Awards, Wu composed.

上海楼凤女神会所Green (Vincent’s Tune), the album’s first melody, based on a tune created by her son. By drawing inspiration from the tun

e, which her then-four-year-old boy often hummed, Wu created the melody. She named the tune “Green”, to praise the b

eauty and exuberant vitality of spring, a season as vigorous and enthusiastic as a four-year-old.

In February 2015, Our World in Song, which featured 12 folk songs (of different countries), was n上海楼凤女神会所

ominated for the 57th Grammy Award for the Best World Music Album. Wu, along with Hawaiian instr

umentalist Daniel Ho and Cuban percussionist Luis Conte, played more than 50 musical instruments for the so

ngs’ accompaniments, creating an attractive, inspiring and exciting global music tour.

pineapplehouse.cn

As the museum’s reput上海千花坊 more visitors ca

with many from other localities outside Lanzhou. The rising number of visitors also gave her good financial returns.

“A ticket to the museum costs 36 yuan ($5), and if you book online in advance, you can get a disc上海千花坊品茶微信

ount of 6 yuan,” she said. Despite not being free, the lure of the museum has proved to be enduring. It curre

上海千花坊ntly receives up to 100 visitors every day on average, making it the latest “must-visit site” in Lanzhou.

But breakup museums did not originate in China. In 2006, an artist couple in Croatia came up

with the idea after breaking up and established the world’s first breakup museum. The idea drew many上海千花坊品茶微信

followers, and similar museums sprang up around the world. Many in China also jumped on the bandwagon.

“I think it is a quite new, creative form of economy,” said Dou Xuecheng, a professor wit

上海千花坊h Gansu Agricultural University. “Traditionally in China, love and relationships are not to be expressed or d

isplayed in public, but as our society becomes more diverse, the attitudes of young people are changing.”

Dou said that the museum is a reflection that more people are after spiritual satisfaction.上海千花坊品茶微信

“But such forms of the economy can be short-lived,” Dou said. “

The organizers need to strengthen the content and services in the museums to prolong their life.”上海千花坊

Li Fangfang said that currently, the most important thing is to keep the museum rolling financially.

上海千花坊品茶微信”Even though we have many visitors, we also face high rent and labor costs,” she said. “B

ut we will definitely enhance our services according to the demands of our customers in the future.”

Contemporary Amperex Technology Co Ltd (CATL), China’s largest autom上海千花坊

otive lithium-ion battery maker, forecast a 120 percent to 150 percent annual profit gr

owth in the first half of 2019 amid a booming new energy vehicle (NEV) market.上海千花坊品茶微信

Net profit in the Jan-June period rose to between 2 billion yuan ($290 million) and 2.28

billion yuan, CATL said in a filing to the Shenzhen Stock Exchange on Saturday.

CATL said the strong profit growth came after it attracted more customers, strengthene、

d cost control and the NEV market boom resulted in a bigger demand for its lithium-ion batteries.

Despite sluggish sales of gasoline-powered vehicles, China’s NEV market has experienced a boom.

asrunde.cn

We consider ourselves a g上海乌托邦t for high-perform

ormance computing. We are able to drive the value of high-performance

computing throughout different countries, not just for one or two countries only,” he said.上海乌托邦品茶微信

Qian Depei, dean of the School of Data and Computer Science of Sun Y

上海乌托邦at-sen University, pointed out that though China has gained momentum in the number of supe

rcomputers globally, there are still many challenges ahead, especially in the E-level supercomputer.上海乌托邦品茶微信

Jason Juang shapes HP’s new strategy in gaming PC market to boost sales in China

上海乌托邦Jason Juang, managing director of HP China, clearly remembers details of his first visit to the Chinese mainland 26 years ago.

The Shanghai airport was small and shabby. Even a short shower was enough to flood it.

In 1993, as an employee of the US tech giant HP Inc, Juang was sent t上海乌托邦

o the Chinese mainland to share his marketing knowledge and experiences with the local staff

上海乌托邦品茶微信. Back then, computers were a luxury for many Chinese companies, let alone individual consumers.

Within less than three decades, however, China has become the world’s largest market for

electronics. Having witnessed ups and downs of the country’s electronics market for over 20 years, Ju上海乌托邦

ang said he is amazed by its unbelievable transformation from nothing to top.

“We knew it (the transformation) would happen, but never expected it to come at such a stunning speed,” said Juang.

上海乌托邦品茶微信The 56-year-old senior executive has spent most of his career with H

P, starting from a front-line sales professional to his current position at the helm of the compa

ny’s China business. His down-to-earth working style has had an impact on how HP China works.上海乌托邦品茶微信

Now riding the gaming and esports boom in China, Juang wants to injec

t a fresh and strong momentum into the 80-year-old US company’s business in the coun

上海乌托邦try. He wants to bring state-of-the-art, tailor-made products to China and encourage local innovation.

“With 619 million e-gamers, China is now the world’s largest gaming marke

t. Such a sprawling size has triggered changes in what consumers want,” Juang said.

www.yuanzjj.cn

Furthermore, to offse上海龙凤419 falling exports to

enterprises from Zhejiang are actively exploring other markets, such as the European Union. Last year, Zhejiang’s trad

上海龙凤419女神会所e with EU countries grew by 9.3 percent year-on-year to reach 556.9 billion yuan.

Trade with ASEAN countries in 2018 surged 22.5 percent year-on-yea

r to 316 billion yuan. The province’s trade with countries and regions involved in the Belt and R上海龙凤419

oad Initiative reached 896.7 billion yuan, rising 12.3 percent year-on-year, the customs office said.

上海龙凤419女神会所”Multiple platforms, such as the China (Zhejiang) Pilot Free Trade Zone, the China-CEEC Expo & International Consumer Goods Fair as well as overseas indu

strial parks are also helping our enterprises to optimize their global value chains,” Yuan added.

According to the State Council Information Office, in the first quarter, Zhejiang’s GDP totaled 1.3 trillion yuan, 7.7 perc上海龙凤419女神会所

ent higher than the same period last year. The disposable income of urban and rural dwellers in the January-March peri上海龙凤419

od stood at 18,391 yuan and 10,010 yuan, respectively, up 8.7 percent and 9.5 percent year-on-year. Total trade in go

ods amounted to 1.17 trillion yuan in the first five months, growing 7.4 percent year-on-year.上海龙凤419女神会所

Che Jun, secretary of the Zhejiang Provincial Committee of the Communist Party of China, said that “taking advanta

上海龙凤女神会所419ge of the integrated development of the Yangtze River Delta region, Zhejiang has learned from the opening-up

experiences from the China (Shanghai) Pilot Free Trade Zone and Jiangsu and Anhui provinces. In the f

uture, we will strive to make further advances in the new round of opening-up,” he said.上海龙凤419女神会所

“As one of the major export regions of China, Zhejiang will continue to offer more favorable policies and assistance to exporters in

上海龙凤419女神会所order to support the steady growth of the economy as well as the region’s high-quality development,” Yuan said.

Firm plans more investments to ensure cybersecurity, protect users’ privacy

Huawei Technologies Co said on Friday that it has yet to see any benefit from the US govern上海龙凤419女神会所

ment’s promise to relax restrictions on it and called for a direct removal of the company from a security blacklist.

“So far, no concrete changes have happened (to supplier issues),” said Liang Hu上海龙凤419

a, chairman of Huawei, in a news conference in Shenzhen, Guangdong province. “If the US compan

ies obtain licenses to continue selling products to Huawei, we will cooperate with th上海龙凤419女神会所

em. But we hope there is some certainty in the licenses so that businesses can be controllable.”

sh419zz.com