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HK officials condemn 上海会所multiple violent incidents

Tung Chee-hwa, vice-chairman of the National Committee of the Chinese People’s Political

 上海会所Consultative Conference, said he was saddened by the desecration of the national emblem.

Tung said a small fraction of the community has taken advan 上海会所

tage of an inclusive society and deliberately sabotaged Hong Kong’s economy and social ord

 上海会所品茶微信er in an attempt to undermine relations between the central government and the SAR.

More than 20 pro-establishment lawmakers issued a joint cond

emnation on Monday of the Liaison Office attack and the Yuen Long violence. 上海会所

Boris Johnson has won the United Kingdom’s leadership election, b

y 92,153 votes to 46,656, becoming prime minister and leader of the ruling Conservative Party.

He had been widely expected to win, ever since Theresa May, the nation’s outgoing prime minister, announced on 上海会所品茶微信

May 24 she was resigning following heavy criticism of her handling of the UK’s exit from the European Union.

 上海会所Johnson and Jeremy Hunt were the last people standing in the leadership battle that had initiall

y involved 10 hopefuls and that was decided in a postal vote open to the party’s 160,000 members.

Johnson takes over as party leader immediately and will be sworn in as prime minister on Wednesday. 上海会所

He was an outspoken critic of May and says he will take the UK out of the EU on Oct 31, with or without a divorce deal with the bloc.

Earth has just experienced the hottest June on record, according to data released by a US agency.

The average global temper 上海会所品茶微信ature in June increased by 1.71 degrees Fahrenheit, or by 0.95 degree

Celsius, compared with the 20th-century average of 59.9 degrees Fahrenheit (15.5 Celsius), making it the hottest

June in the 140-year record of the US National Oceanic and Atmospheric Administration (NOAA).

 上海会所品茶微信The NOAA global temperature record released on Thursday showed that not only Europe has its w

armest June on record, Africa, Hawaiian region and South America also have the highest June temperatures.

Many regions including South America, eastern Asia and western Canada 上海会所

have experienced their hottest first half of the year, according to the NOAA.

The agency also warned that Antarctic sea-ice coverage was bro 上海会所

ught to a new low by the high temperatures in June, which is the second month in a row.

The heat wave across European and American continents has been in the spotlight rec 上海会所品茶微信

ently, as weather forecasts warned of extreme heat this week across North America and Europe.

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As for China, US seclu上海会所ans scientific fields that r

t rely heavily on importation of advanced equipment will be affected the m

ost. “The silver lining of US pressure is that China will be forced to innovate and be self-suffi上海会所

cient,” Pan said. “The US cutting off exchanges will slow us down a little, but will not stop our strides for progress.”

上海会所品茶微信Given the uncertainty of the situation, scientists and scholars around the world fear that the worl

d will be divided into two major blocs, like during the Cold War. “Splitting the world into two syst

ems and hyping the clash of civilizations will be disastrous for all humanity,” Pan said.上海会所

“The current international systems were mostly put in place after World War II, but this world

上海会所品茶微信order did not anticipate the astonishing rise of China,” he said. “As a result, some norms within the current glob

al systems must change in order to accommodate the new dynamics, a process in which China is willing to help.”

China has been slowly and sincerely contributing its own standards

and knowledge to global governance, especially in regard to the social impact and上海会所

governance of artificial intelligence, biosciences and other emerging technologies, Pan said.

上海会所”China is not a disrupter, but a contributor to the current world order,” he said.

China’s economic growth weakened to 6.2 percent year-on-year in the second quarter, but remained stable on the wh

ole in the first half of this year at 6.3 percent, according to data released by the National Bureau of Statistics on Monday.上海会所品茶微信

The country’s industrial output rose by 6.3 percent year-on-year i

n June, compared with 5 percent in the previous month, official data showed.

But in the first half of this year, industrial output growth dropped to 6 percent, down from 6.5 percent in the first quarter.上海会所品茶微信

Fixed-asset investment growth was 5.8 percent in the first six month

s combined, compared with 6.3 percent in the first quarter, according to the NBS.

Retail sales increased by 8.4 percent year-on-year in the first hal上海会所

f of this year, compared with 8.3 percent in the first quarter, the data showed.

Production rises 34.6 percent for new energy vehicles and 20.1 percent for solar cells year-on-year in H1, the NBS said.上海会所品茶微信

The bureau said that growth remained on track despite increasing external uncertainties and new downward growth pressure.

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hina rolls out psycholo上海会所program targeting elderly

hina has intr上海会所oduced a two-year pilot program to find out the psychological condition

s and needs of senior citizens at the primary level, the National Health Commission (NHC) announced Thursday.上海会所

Covering 1,600 urban communities and 320 villages, the pilot program targets permanent re

上海会所品茶微信sidents aged 65 or above, said Wang Haidong, director of NHC‘s Department of Ageing and Health.

Under the program, psychological assessment is carried out based on the personal will of the elderly, said Wang, adding that

necessary mental interventions and suggestions of medical treatment would be offered depending on the results.上海会所

The program is initiated in response to increasingly prominent mental problems among the elderly over the recent years, according to the NHC.

In wake of urbanization and the acceleration of aging proc

ess, China sees an expanding population of migrant and left-behind senior people, who are vu上海会所品茶微信

lnerable to mental issues, especially when they catch chronic diseases or lose their spouses or friends.

With training sessions, the program is expected to improve the ability of medical workers a

上海会所t the primary level to better identify common psychological issues and offer corresponding help, Wang said.

data storage has become a top 10 emerging technology of 2019 on this year’s World

Economic Forum’s annual list released in Dalian, Northeast China’s Liaoning province.上海会所品茶微信

Other technological breakthroughs with the greatest potential to make a positive impact on our world include social ro

bots, cheaper and safer nuclear reactors and a novel way of reining in rogue proteins.

上海会所品茶微信The technologies on the list were selected based on their potential to have a mainstrea

m impact on societies and economies within five years and be both disruptive and attractive to investors and researchers.

“From income inequality to climate change, technology will play a c

ritical role in finding solutions to the challenges our world faces today. This year’s e上海会所品茶微信

merging technologies demonstrate the rapid pace of human innovation and offer a glimpse int

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China and Turke上海会所品茶微信y maintain multilatera

strong and popu上海会所品茶微信lar enough and able to connect with European citizens

who showed the highest turnout in 20 years in the elections for the European Parliament in late May.上海会所

“They should be able to work in an efficient manner with world leaders and be strong enough to galvani

ze worldwide support. We live in a very challenging world, and Europe needs strong and effective leadership,” Islam said.上海会所品茶微信

There have been major disagreements between leaders of the two major member states. German Chancellor Angela Merkel favors the process of lead candi

date, known as Spitzenkandidaten in German. She supported Manfred Weber, the lead candidate of the center-ri上海会所

ght EPP, the largest bloc in the European Parliament, a bloc of which Merkel is a member.

But French President Emmanuel Macron and some other EU leaders oppose Weber to replace Jean-Claude Juncker as president of European Commission.

Their attitude was in stark contrast to how similar, large protests have been handled in their own countries, the office said.上海会所品茶微信

Legislative Council President Andrew Leung Kwan-yuen said many people from Hong Kong were saddened by the scenes of violence.

上海会所Leung, after inspecting the aftermath of the vandalism, said the council will cancel its remain

ing meetings before its summer recess in mid-July because of the time needed to repair the extensive damage.

The damage may cost taxpayers HK$50 million to HK$60 million ($6.4 million to $7.7 million) to re

上海会所品茶微信pair, according to estimates of the council’s Finance Committee chairman, Chan Kin-por.

In the wake of the violence, barrister and lawmaker Martin Liao Cheung-kong, together with some、

20 lawmakers, accused the opposition camp of ignoring the acts of the violent protesters and blaming the SAR government instead.

Maggie Chan Man-ki, a Hong Kong deputy to the National People’s Congress, accused the上海会所品茶微信

opposition of continuing to condone and encourage the violent behavior, which sends the wrong message to society.

Richard Cullen, an Australian visiting law professor at the University of Hong Kong, said: “This sort

of behavior leaves a stain on Hong Kong’s rule-of-law reputation. It is plainly not compatible with the rule of law.”

Meeting with the media in the early hours of Tuesday, Chief Executive of

the Hong Kong SAR Carrie Lam Cheng Yuet-ngor strongly condemned the extreme use of violence and vandalism

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On the other hand,上海会所he past, the Fed now has t

to take the delayed effect of balance sheet reduction conducted earlier into its consideration of rate cuts. The current phase-out of balanc

上海会所e sheet reduction already has some easing effect, and only after the balance sheet reduction ends in September, can its impact become clearer.

By incorporating that impact into consideration, the Fed can draw up a better rate cut plan that maximizes effects of the policy mix.上海会所

Thirdly, the market may have overestimated how much the Fed will cut the rates. There may be no more than three rate cuts by the end of 2020.

St. Louis Fed President James Bullard – the major advocate of this

round of rate cut – has suggested the use of the modern-day Taylor rule, which fairly well explains th上海会所

e Fed’s interest rate decisions. Even based on this model adopted by dovish Fed officials, we found that the degree of rate cuts may be weaker than m

上海会所arket expectation for quite some time going forward: at most one cut by the end of this year and likely two or three cuts by the end of 2020.

By contrast, before the June FOMC meeting, the market expected a higher-than-85-percent chance of more than one rate cut by the

end of this year as well as an about 60-percent chance of more than three cuts by the end of 2020, according to Bloomberg data.上海会所品茶微信

In conclusion, we think as economic downside pressure gradually emerges, the Fed will have to kick off the rate cut cycle. But the rate cut si上海会所品茶微信

gnal, timing and degree may not measure up to the market expectation. Therefore, two future developments appear possible:

First, investor sentiment can reverse drastically if the Fed’s action fails to meet market expec上海会所品茶微信

tation. Considering the market has fully priced in the unrealistic expectation of rate cuts sinc

e early June, any reversal of expectation can lead to short-term fluctuations of key price signals such as the US Treasury yield cu

rve, the US Dollar Index, and the gold price, which may pose extensive spillover shocks to asset portfolios.

Second, the long-term trend of rate cuts will continue even if the market expectation reverses. In the long

run, the Fed is expected to proceed with rate cuts in a fairly slow and smooth way. This will enlarge the monetary policy room of ot

her major economies and expedite the shift toward an easing global monetary environment, which may in turn lift the sen

timent of global stock markets and ease any currency risk of emerging markets gradually.

Cheng Shi is the managing director, head of research and chief economist of ICBC Interna

tional Holdings Ltd.Qian Zhijun is a senior economist of ICBC International Holdings Ltd.

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And the process to re上海会所女神会所 nuclear issue can

 achieve progress o上海会所女神会所nly if the neighboring countries including China, the Republic of Korea, Japan and Russia can

mediate between Pyongyang and Washington and bring them back to the negotiation table. Joint third-party eff

orts have become even more necessary now that the US-DPRK talks are deadlocked.

If the neighboring countries are willing to provide large-scale economic help to the DPRK, the latter could take active part in global affairs while expediting its denu

clearization process. And if the DPRK integrates with the international community, it will learn from China’s ope

ning-up experience how to accelerate its economic development for the benefit of its people.

Jin Qiangyi, head of International Politics Institute at Yanbian University

Strong China-DPRK ties key to peninsula stability

Xi was invited by top DPRK leader Kim Jong-un to visit the country and chose to do so in

the year marking the 70th anniversary of the establishment of Beijing-Pyongya

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tries virtual reality technology in a smart classroom prim

Use of new tec上海会所品茶微信hnologies in online education is breaking boundaries for the nation’s students

Yang Ming, a 33-year-old immobile and partially sighted man from

Chengde, Hebei province, never imagined he could become his family’s “financial adviser”.

However, in late April, he noticed trouble brewing in the financial stat

ements of a company whose stock was owned by his relatives, so he advised selling the shares.

Although they were reluctant at first, his relatives sol上海会所品茶微信d the s

hares at a slight loss, but kept most of their 4,000 yuan ($578) investment intact.

A short time later, the company’s stock went into free fall when the Shanghai Stock Exchange plunged as a result of risi

ng uncertainty over trade negotiations between China and the United States.

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mier Li Keqiang presides over a State Council meeting on

上海会所品茶微信Premier Li Keqiang called for greater strides in reform and opening-up to stimulate market vitality and to tra

nsform and upgrade economic structure in revitalizing the rust belt in Northeast China.

Li’s remarks came as he presided over a State Council meeti

ng on Thursday on revitalizing the country’s traditional industrial bases.

He underscored the importance of transforming government functions a

nd bettering the business environment, and urged government departments to offer m

ore support to provinces in the Northeast in streamlining administration.

The tax cuts and fee reduction policies must be implemented in full, and the country w

ill make the region a priority in special transfer payments to localities, he said.

The reform of State-owned enterprises must be moved forwa

rd, and more work must be done to expand the private sector, he said.

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Li Shuping, head of Feixiang district, in Handan city, Hebei

 province, said his district has been trying to address the issue of extravagance.

Li said they were trying to reverse the trend of residents comparing the hosting of w

edding ceremonies and funerals, which has resulted in jealousy and complaints.

The district has ordered all officials to take the lead in rejecting the trend, and residents in 265 village

s have signed letters of commitment against extravagance in hosting such events, he said.

The district has also released a standard on hosting such events to prevent comparison among villagers. It includes re

quiring the wedding ceremony be finished within a day and no fireworks, he said.

Through these efforts, expenditure on events has been significantly reduced, which has been welcomed by villagers, Li said.

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I must stress that Taiwan is an inseparable part of Chin

na, and the one-China principle is the foundation of China-US relations and an international consensus,” Shao said.

“The US side has conducted a series of negative rhetoric and actions regarding the Taiwan questi

on, violated the one-China principle and the three China-US joint communiques,” he said.

“This has undermined China’s sovereignty and security, sent a seriously wrong message to

Taiwan secessionists, and disrupted regional peace and stability,” Shao said, adding that China must, and will be, reunified.

“If anyone tries to separate Taiwan from the mainlan

d, the Chinese military will adamantly protect its territorial integrity at all costs,” he said.

As for the South China Sea, Shanahan accused China of undermini

ng freedom of navigation and overflight in the region, and militarizing the local islands.

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