Prudent monetary polic上海千花网e, sle’s Bank of Chi

China will maintain a prudent monetary policy in the year’s second half, with potential policy adjustments depending mainly on

the domestic economic situation and price levels, a senior central bank official said on Friday.上海千花网女神会所

Having noticed the recent monetary easing in some foreign central banks and the United States Fe

上海千花网女神会所deral Reserve’s strong message that it will make a cut later in the policy rate, the Chinese centra

l bank has decided not to change its monetary policy stance, while continually reducing the actual financing costs o

f enterprises, said Sun Guofeng, head of the monetary policy department of the People’s Bank of China, the central bank.上海千花网

“In the second half, we will maintain the liquidity at a reasonably ample level through leveraging

diversified tools and strengthening macroeconomic policy coordination,” said Sun, adding that mo

derate money supply growth can support the country’s high-quality economic growth.上海千花网

Sun made the remark after the central bank released major financial da

ta on Friday. The broad money supply, or M2, increased by 8.5 percent by the end of June

上海千花网女神会所from a year earlier. The growth rate had remained unchanged for three consecutive months starting in April.

Chinese banks issued yuan-denominated loans of 9.67 trillion yuan ($1.41 trillion) in the first six month

s, and 1.66 trillion yuan was newly extended in June, up from 1.18 trillion yuan in May, the PBOC said.上海千花网

Total social financing, a broad measure of credit and liquidity in the economy, increased by 13.23 trillion yuan in the firs

上海千花网女神会所t half, compared with an increase of 10.05 trillion yuan in the same period last year, officials said.

“Rapid growth of total social financing proved that the financial se

ctor is enhancing support for the real economy,” said Ruan Jianhong, head of the central ba上海千花网

nk’s Statistics and Analysis Department, at a Friday news conference.

上海千花网女神会所The RMB, compared with some other major currencies, has performe

d well in the first half, and its current exchange rate is basically in line with the economic fou

ndation, as the International Monetary Fund determined recently, according to Sun.上海千花网女神会所

“In the future, the market will play a decisive role in determining the RMB exchange rate, and we will take macro-pruden

t measures when it is necessary to maintain the exchange rate at a stable and reasonable equilibrium,” Sun added.

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According to a joi上海千花网女神会所ed by the resea

rch center at t上海千花网女神会所he administration, the Center of Sh

anghai International Film and TV Festival and the audiovisual communication research ce

nter at Peking University, about 1,500 films were screened exclusively online in 2018, a drop from 2,400 in 2016.

The drop is partly a result of the rising budgets for online movies, which as the survey also shows, have gr

own a hundredfold, surging from several hundred thousand yuan in 2015 to tens of millions of yuan in 2018.

“We hope to see the quality of films continue to improve as more budget is alloca

ted to such projects,” says Lu Di, director of the research center at Peking University.

Ma Zhongjun, founder of Shanghai-based Ciwen Media and a Chinese pla

ywright, stated at the summit that some key elements of quality online works are inn

ovation, either in characters or plots, and a smooth and rigorous film production process ranging from the choic

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Australian-born Assan上海千花网品茶微信aximum penal

ty of 10 years in 上海千花网品茶微信prison for each charge. He was initially accused of violating the US Espionage Act.

He was sentenced to 50 weeks in jail in May for breaching the Bail

Act in Britain after having been expelled from Ecuador’s Embassy in London, where he was gra

nted refuge in 2012 while on bail in Britain over sexual assault allegations against him in Sweden.

Assange has said that he does not consent to being extradited to the US over charges related to leaking government secrets.

More evidence and details emerged as prosecutors laid out their cas

e in the federal death penalty trial of Brendt Christe

nsen in the slaying of 26-year-old missing Chinese scholar Zhang Yingying, at the federal courthouse on Thursday.

Christensen, 29, a former physics graduate student at the University of Illinois,

is accused of picking up Zhang at a campus bus stop, then raping and torturing her in his apartment,

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And given that the other major economies are using fre

e trade zones上海千花网品茶微信j as a strategic means to play geopolitical and geo-economic games, China should accelerate the b

uilding of free trade zones with other countries under the bilateral or multilateral investment ag

reement framework for a diametrically opposite purpose: boosting global economic cooperation.

The focus of international trade policy has shifted from tariffs and licensing to convenient inves

tment and trade facilitation policies, and creating of a business-friendly climate. So while ope

ning up the domestic market and helping improve the utilization of foreign capital, China should also work out de

tailed rules on the foreign investment law, take steps to remove the obstacles to outbound Chinese investments, promote th

e free flow of global and domestic production factors, and expand its economic development space.

Important to reform global governance system

To stabilize the economy and prevent risks, China should seek more govern

ment-funded infrastructure investment projects in fields such as 5G networks, intellig

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hina to remain steadfast protecting national security

First, China has undisputable sovereignty over islands and their surrounding waters in the South China Sea, backed by a wealth of historical and legal basis,” Shao said.

For a long period of time, various nations’ normal passage and flight in the region have never been obstructed. “There i

s no issue over the freedom of navigation and overflight in the South China Sea,” he said.

However, the US has frequently sent vessels and aircraft to trespass into Chinese mar

itime territory and airspace, and has conducted intense intelligence gathering and special drills in the region.

“These actions damage the peace and security of the region,” Shao said. “As a result, the PLA

has installed necessary defense equipment on the islands in accordance with security needs. This is within

the natural rights of a sovereign state, and a necessary measure to counter those provocative actions.”

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an India in terms of economic might-the past two years

s have seen Modi front-loading India’s unique religious, cultural and civilizational links with neighboring countries.

This pragmatic approach has not just made the Sino-Indian summits most frequent but hopefully also more produ

ctive. Modi has not had as many one-on-one meetings with any other global leader. And since this trend is like

ly to continue, it could see them jointly responding to the White House’s blitzkrieg against friends and foes alike.

The fact that Russia still faces serious economic challenges and the US has slipped into confrontations with some coun

tries will provide further traction for Modi and Xi to play larger roles in setting the tone and tenor of multilateral debate

s and initiatives. Their synergy in tackling regional and global issues will continue to have positive effects on bila

teral equations, which remain an essential prerequisite for the two countries’ peaceful rise.

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During the team’s 40-day intensive training in Nepal, the

heir Sherpa guides had taught them how to maintain healthy blood circulation and remain safe in crowded conditions, she said.

This spring, 144 foreign and 12 Chinese climbers have also attempted to con

quer Qomolangma from Tibet, according to the Tibet Mountaineering Association. “D

espite having a smaller number of climbers, traffic jams also happened on the Tibetan side,” Ma said.

“Crowds are usual on some mountains. It’s not a new phenomenon. Climbers often lose their live

s when they don’t follow the instructions of Sherpa guides and make decisions on their own,” Kami Ri

ta, an experienced Sherpa who has reached Qomolangma’s summit 24 times, told Xinhua News Agency.

Sherpas are aware of every twist and turn and which paths to follow up mountains, so he urged the Nepali government to dis

courage mountaineers from climbing mountains without guides in order to prevent casualties.

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Moreover, China’s economic development in the past three de

 decades has prompted a huge rise in urbanization, which has see

n large numbers of unattached young people from rural areas move to large cities in sea

rch of work. Their work-dominated lifestyles mean few have friends to share meals with.

To feed this massive market, catering companies have started providi

ng more options tailored to single customers. Meituan-Dianping, a popular food del

ivery company, told the Financial Times that 65 percent of its orders come from unmarried customers.

On food delivery platforms, many restaurants offer meal deals specifically for singletons. Pizza Hut provides 15-centimeter, o

ne-person bases, while stir-fry restaurants offer reduced portions or meal deals consisting of just one or two dishe

s and a bowl of rice, compared with traditional meals that must contain at least three main dishes plus a soup.

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China has to walk a fine balance between local govern

nment debt management and stable economic growth, especially at a time when trade te

nsions with the United States have imposed more downward pressure, said economists.

More financial resources and investors will be involved in the debt resolution process, said Qiao Baoyun, head of the Acad

emy of Public Finance and Public Policy at the Central University of Finance and Economics.

The last round of local government debt swaps started in 2015 and ended in August 2018, w

hich saw 14.34 trillion yuan ($2.08 trillion) of local government debt being swapped into bonds.

Local governments are set to face more debt burden in the next three ye

ars, as many of the previously issued bonds are set to expire, income from land sales has

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He said that it’s of great importance to promote such philos

philosophies to enhance the exchanges and mutual learning of diverse civilizations.

Frederick W. Russell-Rivoallan, a program specialist and head of social and human sciences for UNESCO, hailed the dialogue of Asian civilizations.

“It’s a great way to concentrate in this part of world, but it’s also

a global inspiration – bringing countries together, understanding other cultures, respecting each

other and sharing with each other,” he said. “That’s the way that we can understand each other better and live together better.”

China will extend 1,000-Megabyte broadband connection to more than 300 cities and cut the

average service rates by 15 percent for small and midsized enterprises this year. The measures are desi

gned to achieve multiplying effects of expanding domestic demand, boosting employment and improving people’s lives.

The decision was made at the State Council’s executive meeting chaired by Premier Li Keqiang on May 14.

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