Supported by the la上海乌托邦ulation of forex rese

erves, the country has seen stable and fast economic growth in the past four decades, with lowe

r inflation. Thanks to the reserves, China can also benefit from a favorable international trade and fina上海乌托邦

ncial environment in the long term, Chen Yuan, a former deputy governor of the central bank and former vice-ch

irman of the Chinese People’s Political Consultative Conference, said at a forum on Aug 10.

上海乌托邦品茶微信”Previously, we identified the foreign exchange reserves as an important milestone for ec

onomic development and society’s core wealth. Now, we have to reposition the foreign exchange market,” he added.

According to Chen, faced with new challenges, including foreign exchange rate issues raised by the United States rec上海乌托邦

ently, the priority is to keep these reserves safe, and strengthen the renminbi’s position globally.

Chen sees potential in foreign exchange rate risks, as the majority of China-reserved foreign assets are in US dollars.

Currency composition上海乌托邦品茶微信

Late last month, the State Administration of Foreign Exchange, or SAFE, C

hina’s forex regulator, said the country’s foreign exchange reserves held in US dollars

上海乌托邦accounted for 58 percent of the total by the end of 2014, down from 79 percent in 1995.

Among global foreign exchange reserves, assets held in US dollars comprised 65 percent of

the total by 2014, up from 59 percent in 1995, according to SAFE’s annual report last year.上海乌托邦

For the first time, SAFE made public the currency composition of the

forex reserves, after first reporting data to the Currency Composition of Foreign

上海乌托邦Exchange Reserves, or COFER, an International Monetary Fund database, in 2015.

According to COFER, which keeps quarterly data on the currency composition of official上海乌托邦品茶微信

foreign exchange reserves, the world’s forex reserves reached $11.59 trillion in the fir

st quarter of this year. Some 58.14 percent of the total was in US dollars, compared with 1.8 percent in renminbi.

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A resident whose sur上海乌托邦 Chen said the prote

protesters stuck stickers on the rail card readers at the

gates so the commuters won’t be able to swipe their rail cards to exit the station.上海乌托邦

Chen said he and other passengers left the station through a security exit.

Lilly Wang, another resident, said she took a bus to reach home after learning about the situatio上海乌托邦品茶微信

n at the Yuen Long station. But the bus had to halt near the Long Ping Station, about 1.4 kilometers from the

上海乌托邦Yuen Long station, at the road ahead was blocked. She spent another 20 minutes walking home.

Rail services at the station resumed on Thursday morning, but the damage at the station was quite visible, according to Wa

ng. Fire extinguishers were discharged by the protesters, and garbage bins were pushed over.上海乌托邦

In order to develop into a demonstration pilot zone for socialism with Chinese characte

上海乌托邦品茶微信ristics that would strengthen democracy and rule of law, facilitate the flow of foreign talents and nurture an intern

ational financial hub, Shenzhen has to expand cooperation with the Hong Kong Special Administrative Region.

The Communist Party of China Central Committee and the State Council, China’s Cabinet, recently issued a guidance on sup上海乌托邦

porting Shenzhen in building the demonstration pilot zone for socialism with Chinese characteristics.

上海乌托邦Shenzhen’s expanded cooperation with Hong Kong will also lay a solid fo

undation for the overall development of the Guangdong-Hong Kong-Macao Grea

ter Bay Area. The demonstration pilot zone is also projected to play a leading role in the Greater Bay Area.上海乌托邦品茶微信

Just more than 30 years ago, Hong Kong residents used to be reluctant to visit neighboring Shenzhen. It was not only the complica

ted clearance procedure at the border, which took at least two to three hours, but also the backwardness of the上海乌托邦

then small fishing village which dissuaded the Hong Kong residents from visiting Shenzhen.

Today, Hong Kong residents marvel at the pace and ease with which Shenzhen has transformed into上海乌托邦品茶微信

a global innovation center, offering more opportunities and oozing more vitality than Hong Kong.

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The central governmen 上海乌托邦upports the Hong Ko

ng police in strict law enforcement, and stands by HKSAR government agencies and judici

 上海乌托邦ary bodies in handing out punishment to violent criminals according to law, he said.

Yang also said that the principle of “one country, two systems” is the best institu

 上海乌托邦品茶微信ional arrangement for maintaining long-term prosperity and stability in the SAR.

The Democratic Alliance for the Betterment and Progress of Hong Kong — the largest

political party in the Legislative Council — welcomed the Hong Kong and Macao Affairs Office’s remarks. 上海乌托邦

Holding this news conference showed the importance the affairs office attaches to the HKSAR, as well as support for the S

 上海乌托邦AR government and the police force, said the party’s Chairwoman Starry Lee Wai-king.

The central government’s expectations are in line with those of most Hong Kong people, Lee said.

The HKSAR government on Monday strongly denounced escalated and repeate

 上海乌托邦品茶微信d violence by protesters and vowed to give full support to police to strictly enforce the law.

For the first time in the 29-year history of the Fortune Global 500 list, Chinese companies (129) outnumber those from t

he United States (121). This is also the first time that a country other than the US has more companies on the list. 上海乌托邦

Among the 129 Chinese enterprises on the list, 119 are domestic in nature

whose average revenue increased 9.2 percent year-on-year-higher than the average

 上海乌托邦品茶微信revenue growth of Fortune Global 500 companies. These enterprises’ rates of profit and net asset profit were 5.3 pe

rcent and 9.9 percent, up 0.2 percentage points and 1.0 percentage point year-on-year.

The Chinese enterprises have also taken firm steps toward high-quality development. And although they have enc 上海乌托邦品茶微信

ountered some difficulties due to the Sino-US trade frictions and the technological containment measures t

 上海乌托邦aken by the US government and some US enterprises, their growth has continued unabated.

Three major factors are behind the Chinese enterprises’ continuous and rapid development: reform, demand and innovation. China’s supply-side str 上海乌托邦品茶微信

uctural reform has improved the market competition environment, promoted qualitative supply, increased t

he enterprises’ earning power, and enhanced their development potential and momentum.

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Measures to bolster b上海乌托邦climate decided by meet

hina will shorten the time required for reviewing applications of high-value patents and for trademark registrations as pa

上海乌托邦品茶微信rt of its effort to strengthen the protection of intellectual property rights and improve the business climate, the State

Council’s executive meeting, chaired by Premier Li Keqiang, decided on Wednesday.上海乌托邦

“Further enhancing the protection of intellect

ual property rights is crucial to improving our property rights protection system. It is re

上海乌托邦quired by scientific and technological innovation and essential for China’s greater opening-up,” Li said.

Those attending the meeting on Wednesday decided to intensify law enforcement action in intellectual property上海乌托邦品茶微信

rights protection and stressed that all types of market actors must be treated as equals.

Efforts to formulate and improve the criteria for determining, checking and verifying infrin上海乌托邦

gements and counterfeiting of patents, trademarks and copyrights will be accelerated.

上海乌托邦品茶微信It was decided that special campaigns against violations of IPR-related law will be carried o

ut and severe punishment involving hefty fines will be meted out to combat all IPR infringement.

International cooperation in IPR protection will be enhanced to make it easier for上海乌托邦

companies to obtain intellectual property rights and their protection overseas.

The government will advance revision of the Patent Law and the Copyright Law, the new上海乌托邦品茶微信

round of comprehensive revision of the Trademark Law and revision of the implement

上海乌托邦ing regulations of the Patent Law. The cost for breaking the law will be significantly raised.

IPR-related services will be improved, the meeting decided. Smart s

ystems of patent examination and trademark registration will be developed at a faster pace.上海乌托邦品茶微信

The goal is to shorten, by year’s end, the time needed for reviewing appl

ications of high-value patents to within 17.5 months, and the average review period for trad上海乌托邦

emark registration to within five months. The quality of IPR registrations will also be improved.

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The US’ policy to contain 上海乌托邦evident in the way

 it has hyped up the problems in Xinjiang. Some American people and organizations have openly suppor

ted the separatist “East Turkistan Islamic Movement” in China through political and financial hel 上海乌托邦品茶微信

p, and by disseminating its separatist ideas through publicity and diplomatic channels in the disguise of human rights an

 上海乌托邦d freedom. No wonder they call white black and assume the measures China has taken in Xinjiang to fight terrorism, se

paratism and extremism and improve public welfare are human rights violations.

President Xi Jinping and his US counterpart Donald Trump may have agreed at the G20 summit in Osaka to resu 上海乌托邦品茶微信

me trade negotiations, but the path to ending the trade war remains far from clear. After all, the two leaders had rea

ched a similar agreement at the G20 summit in Buenos Aires in December 2018 and that agreement ultimately fail

 上海乌托邦ed, not least because the United States administration mistook China’s conciliatory attitude for weakness.

Whether the US administration makes the same mistake this time remains to be seen. In any case, it is worth considering how t 上海乌托邦品茶微信

he trade war might unfold over the coming months and years – and what China can do to protect itself.

US has not withdrawn tariffs it imposed earlier

 上海乌托邦Import tariffs may, for the foreseeable future, remain steady – neither es

calating nor being rolled back. The agreement in Osaka kept the US administration from foll

owing through on its threat to impose additional tariffs on $300 billion worth of Chinese goods. But it did nothing to re 上海乌托邦品茶微信

verse past measures, such as the 15-percentage-point tariff hike, to 25 percent on $200 billion worth of Chinese p

roducts that the US implemented after the 11th round of talks broke down in May. 上海乌托邦

While these tariffs have not yet had serious consequenc

 上海乌托邦品茶微信es for China’s economy, their effects are likely to deepen over time. But China may succeed in per

suading the US to remove them – or, at least, not raise them further – if it refrains from retaliating with tariffs of its own 上海乌托邦

on US goods. Instead, China should focus on reducing its bilateral trade surplus with the US on its own terms. It is incr

easingly clear that the US tariffs have done more damage to American businesses and consumers than to China’s. 上海乌托邦品茶微信

The US wants to create among Belt and Road partner countries doubt

s about the situation in Xinjiang, which is a core region on the Silk Road Economic Belt, and

thus dissuade them from participating in the Belt and Road Initiative.

Some American politicians and media will continue to proclaim

the US as the judge of the world and infringe upon other countries’ sovereignty. They are also ex

pected to hype up the Tibet issue and Taiwan question, even the Hong Kong issue. In fact, their involvement in the

recent protests against the amendments to Hong Kong’s extradition laws is cl

ear. But as a Uygur saying goes, camels march on as usual even when dogs bark furiously.

aishedesc.com

dancers pose for a group photo on theSpanish Day at

For anyone interested in Spanish and the vibrant cultures of the Spanish-s

上海乌托邦peaking world, the annual Spanish Day is a real feast that certainly cannot be missed.

As a traditional open day of the Beijing arm of the Cervantes Institute, a Spanish cultural center, the Spanish Day is celebrated to honor learners, lovers and promoters of Spanish, the world’s second most spoken native language.上海乌托邦

Held on June 22 this year, the event featured young soccer players and Spanish learners who staged a medley of sports and artistic performances. In addition, as a prelude to the exhibition Writer Picasso, those young participants also created a mega-sized mosaic artwork as a tribute to the Spanish master.上海乌托邦品茶微信

Supported by the embassies of Spanish-speaking countries such as Uruguay, Mexico and Argentina, the 12-hour-long open day sh上海乌托邦

owcased how diverse and intriguing the Spanish culture is through dance performances, film screenings, concerts, foods and more.

Construction of the second 330-meter-tall tower for one of the world’s largest cable-stayed bridges was completed in East China’s Jiangsu province on Thursday.

上海乌托邦品茶微信The 11,072-meter-long Hutong Yangtze River Bridge, linking the cities of Nantong and Suzhou, is de

signed with a main span of 1,092 meters, making it the world’s first road-rail cable-stayed bridge with a span over 1,000 meters.

Ning Chaoxin, with the China Railway Major Bridge Engineering Group Co., Ltd (MBEC), the project’s contractor, said the two c上海乌托邦品茶微信

able towers are the key force structure of the bridge. The longer the bridge spans, the higher the cable tower needs to be.

To ensure the shipping on China’s busiest waterway, the bridge is designed to have a longer span. About 73,000 cubic meters of concrete

and 11,000 tonnes of steel bars were used to build each tower, whose height is equivalent to a 110-storey skyscraper.

Ning said the huge construction volume is required so that the bridge can withstand

violent typhoons, magnitude-8 earthquakes and impacts from the collision of a 100,000-tonne ship.

The bridge will have a 6-lane expressway on the upper deck and four railway tracks on the lower deck.

The track laying on the bridge will start in January 2020, according to MBEC. The bridge is expected to ensure the river shipping on the Yangtze, while easing the roa

d and railway traffic pressure in the Yangtze River Delta region, China’s economic powerhouse.

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He said that colla上海乌托邦品茶微信mon developmen

t by China and上海乌托邦品茶微信 Africa will underscore important contributions to strengthening the power of developing coun

tries, building of a new type of international relations and creating a community with a shared future for mankind.

The two-day meeting was attended by about 500 delegates, including more than 80 ministerial officials from 53 African countries and the African Union.

State Councilor and Foreign Minister Wang Yi said at the opening ceremony that Beijing’s coop

eration with the continent is different from that of traditional powers. For some time, some outsi

de forces have tried to slander and undermine China-Africa cooperation by fabricating accusations of neocolonialism an

d so-called debt traps, which are totally groundless and not accepted by the African people, he said.

Such attempts constitute a total lack of respect for Africa, a lack of understan

ding about China and an absence of knowledge about the friendship between the two, he said.

oxkinp.cn

Mnuchin also said Trump 上海乌托邦品茶微信 him to designa

te Iranian Foreig上海乌托邦品茶微信n Minister Mohammad Javad Zarif “later this week.” The n

ew order allows Mnuchin to impose sanctions on officials appointed to their position by the Iran’s supreme leader.

Facing mounting US pressure, Zarif, in response to the new sanctions, tweeted th

at the hawkish senior US officials close to Trump “despise diplomacy, and thirst for war.”

“Nobody in a clear mind can accept to have a dialogue with somebody that is threaten

ing you with more sanctions,” Iran’s ambassador to the United Nations Majid Takht Ravanchi told reporters on Monday.

Ties between the United States and Iran have deteriorated after Washing

ton walked away from the landmark 2015 Iran nuclear deal in May 2018 and rei

mposed energy and financial sanctions, which had been removed under the deal, on Iran.

Iran has suspended parts of its commitments subject to the nuclear deal and have threatened to go further.

www.ozsnl.cn

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.

www.zaddw.cn

government survey conducted between 2013 and 2017

reported that Delhi saw 981 deaths from acute respirator

y infection while more than 1.7 million residents suffered from infections.

And India’s garbage mountains will only get bigger in coming years.

Indian cities are among the world’s largest garbage producers, generating 62 million

tons of waste annually. By 2030, that could rise to 165 million tons, according to government figures.

FDA holds first hearing as users, sellers await legal clarity on cannabis claims

It makes a variety of claims: It may relieve symptoms of Parkinson’s, Alz

heimer’s and dementia; lessen arthritis pain; quell anger, psychosis and epilep

sy; cure cancer; lower blood sugar; and counter anxiety and sleeplessness. It may even tame an unruly pet.

It is CBD oil, or cannabidiol, a chemical derived from hemp or marijuana plants that does not induce a high in users.

shuyin-edu.cn