It is China’s second-largest national high-tech zone in ter

rms of area and ranks No 2 in GDP among the 157 national high-tech parks, foll

上海夜网上海品茶owing Zhongguancun in Beijing, according to the Ministry of Science and Technology.

It yielded 24.4 billion yuan ($3.87 billion) of GDP and 4.3 billion yuan of tax revenue per square kilometer in 2018, the biggest among all its counterparts in th

e country. It accounted for 15 percent of the city’s total patent applications and yielded nearly 12 percent of the city’s to上海夜网

tal industrial output value last year. One-sixth of Shenzhen’s national-level high-tech enterprises are based in the zone

While the integrated development of the Yangtze River Delta region has progressed steadily ever since it was elevated to a national strategy in 2018, fin上海夜网

ancial institutions have been evaluating the potential in this land for future growth.

Ma Chunlei, director of Yangtze River Delta Regional Cooperation Office, said at the Lujiaz上海夜网上海品茶

ui Forum in Shanghai in June that the provinces and the municipality included in the strategy-J

iangsu, Zhejiang, Anhui and Shanghai-will release their respective detailed action plans by the middle of this month latest.

上海夜网上海品茶vSome 320 key projects will be carried out in the next three years to lay a better groundwork for the integrated development of the delta region, said Ma.

These will include connecting dead-end roads and proliferating the use of QR codes at major subway stations in the area.

Bank of Communications see one-third of its 10 trillion yuan ($1.45 trillion) a上海夜网上海品茶

ssets coming from the Yangtze River Delta region, said the bank’s vice-chairman R

en Deqi. He further said the bank was advancing innovation in its financial management mechanisms.

Since the area features two free trade zones in Shanghai and Zhejiang, Bank of China will come up with more offshore FTZ businesses in the near future.上海夜网上海品茶

Kong Qingwei, chairman of China Pacific Insurance (Group) Co Ltd, said the Yangtze River Delta reg

ion is a key driver of the group’s annual income and innovative development. Of the insurer’s 126 million customers in China, 30 m

illion live in the region, and account for 80 billion yuan, or 25 percent, of the insurer’s 320 billion yuan in total premiums.

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He added that上海千花坊女神会所uld be wise with the

eir investmen上海千花坊女神会所ts within their own countries and abroad. They should promote the role of international financial institutions, and multilateral deve

lopment banks in particular, in lowering the cost of capital for sustainable infrastructure.

“The necessary pace and scale of transition requires a substantial expansion of that role,” he said.

Stern, a member of the international advisory panel for the Asian Infrastructure Investm

ent Bank, said that on the back of good management, a strong portfolio and a clear strategy, the AIIB successfully issued its first global b

ond last month, raising $2.5 billion to support sustainable infrastructure, cross-border connectivity, and env

ironmental, social and governance-related investment practices in emerging economies in Asia.

The AIIB‘s inaugural report on Asian infrastructure finance, published early this year, concluded there has been no significant breakthrough in Asia in mobilizin

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Napoleon’s indescri上海千花坊品茶微信mpulse to die

On June 18, 1815, 上海千花坊品茶微信Napoleon, France’s proud son of heaven, ended all his dreams and glories as a hero in the World War I in Waterloo.

The whole battle of Waterloo seemed quite dramatic. Marshal Ney led 80,000 main forc

es to wrestle with the British army, circuitous back and forth, not knowing what he was

doing, resulting in the annihilation of 80,000 troops. Marshal Grou

chy was even more extraordinary. The Waterloo frohad 340,000 elite troops in his hand, but he wandered around on

the grounds that he had not received orders from his superiors. He did not fire a shot until the end of the war. Marshal Sirte, Chief of Staff, was

also very unqualified. He did not know the my or the arrangement of his own army, which led to chaos in the battlefield.

Careful study will reveal that these unreasonable chaos is actually very strange, even if Napoleon’s more than 20 troops were urgently

assembled in two months, but there are still many veterans. No matter how many reasons you find

, there is no way to explain why Napoleon, as an outstanding military genius, repeatedly

clear why Napoleon had gone awry in the final battle, that Napoleon had very serious haemorrhoids.

Napoleon suffered from hemorrhoids all his life. According to his memoirs and common po

rtraits, his usual standing and sitting postures were very strange and anxious. It is said

that he often scratches his body until the sore bleeds. Many male comrades know that hemorrhoids is a

very painful and difficult thing to talk about, especially when it happens at a critical moment.

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It’s important we have both of the visions. One is the visi

on to look into the future amid urban life, and the other is to look back

on rural history – it’s our past,” he says, adding that this contradiction – resisting urban

ization while at the same time embracing progress – has driven the emergence of modern thought and di

scourse, which has become the internal motivation for change in art, literature and philosophy.

Ethnic Tibetan writer A Lai, famous for his novel Settling Dust, which was also published und

er the title Red Poppies, says many of the writers today still depict rural life as they imagine it, rather than ob

serving and reflecting on it by honestly facing the challenges posed by globalization.

“We should be aware that many of the problems facing Chinese farmers and villagers today are universal,” he says.

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for Modi, apart from his first priority of stressing the advan

s of working together to tackle impending oil crisis, he may also seek Xi’s endorsement for his anti-terrorism po

licy, which was Modi’s winning narrative during Indian’s recently held 17th general elections.

he World Bank maintained its prediction for Chinese economic growth at 6.2 percent in 2019, despite increasing global unce

rtainties, because the world’s second-largest economy has remained resilient, an updated report said on Friday.

“In an external environment that has become less

favorable due to slowing global growth and risin

g trade tensions, China’s economy will need to rely increasingly on domestic demand to susta

in rapid growth,” according to the May’s edition of the World Bank’s China Economic Update.

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Fertility rates, meanwhile, remain astonishingly high in

n some countries, especially in Sub-Saharan Africa. In a few of the poorest-Niger, Mali and th

e Democratic Republic of Congo-the rate is 6-7 children per woman. The resulting flood of new ent

rants to the labor market is far outstripping the number of jobs available.

Empowering women key to meeting challenge

No known growth model can accommodate or keep up with this k

ind of demographic surge. Even sustained economic growth of around 7 percent per year

won’t be enough. And although fertility tends to decline as incomes rise, that does not happen immediately. Em

powering women, therefore, may be the most effective way of starting to address the challenge.

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The reform and opening-up policies are exactly the kin

ds of market-driven reforms needed to make this happen. The Chinese government is investing heavily in research

and development, but it should be noted that the R&D spending as a percentage of GDP is still lower than that of the US.

Nobody likes competition against themselves. So, it must be admitted that China’s transiti

on to a high-tech, high-value-added economy will come as a shock to many companies around the world.

The US economy, which has about 7 percent of GDP in high-tech manufacturing, will be lightly affected by this change.

On the other hand, advanced manufacturing contributes around 20 percent of GDP in South Korea, Japan, Ge

rmany and a few smaller European countries. They will be much more directly affected.

China’s transition over the next 10 years will not be painless for its compa

nies or for foreign competitors. But, reform and opening-up policies that create more com

petitive companies and markets are the only way to achieve a richer and more productive world economy in the long term.

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China has also recently announced a strengthened reg

gime of intellectual property rights protection. Again, this is what foreign negotiat

ors are seeking, but also is important for China’s own economy as it transitions to being a technology leader.

Trade agreements can affect the types of goods being traded and they can redirect trade toward one c

ountry, away from others. They cannot directly affect any country’s worldwide current account bal

ance. A country that saves less than it invests will have to borrow foreign funds to import foreign goods to make up that difference.

There are two ways to reduce the US trade deficit. A serious recession would reduce investme

nt, but nobody advocates that as a strategy. The only other path is to change the US financial and gov

ernment system to encourage increased savings. China has almost nothing to do with it.

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Wu Zhongliang, director of the administration’s Institu

itute of Earthquake Forecasting, said the experimental site will help form a

“united front” at the national and international level to work on earthquake forecasting.

Referring to earthquake forecasting as a hard nut to crack, Wu said t

he work cannot see marked progress just in a few days, but forecasting capability will be imp

roved as technology develops. “If it’s a war between humans and earthquakes, it’s us that will finally win,” he said.

Paul Tapponnier, a distinguished research professor a

t the administration’s Institute of Crustal Dynamics, said he “wholeheartedly” wel

comes the project. China boasts unique conditions to carry out the experiment as most of its earthquakes oc

cur “inside the land under the feet of the people” rather than in the ocean, and there are many active faults in the country.

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US soy farmers call for cool-down of trade tensions

US soy farmers have urged Washington to work for a positive solution to the current tarif

f dispute with the world’s top oilseed buyer China, and avoid further escalation of trade tensions.

In a statement released late Tuesday, the American Soybean Association (ASA) described the t

hreat by US President Donald Trump’s administration to increase the tariff rate from 10 percent to 25 p

ercent on $200 billion worth of Chinese goods as the “worst case” for US soybean growers.

“This is a predicament for soy growers,” said Davie Stephens, ASA president and a soybean farmer from Kentucky.

“With depressed (soybean) prices and unsold stocks fo

recast to double before the 2019 harvest begins in September, we nee

d the China market reopened to US soybean exports within weeks, not months or longer,” he added.

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