hina carried out the country’s first seaborne space launch on Wednesday, from a platf

orm in its territorial waters in the Yellow Sea, opening a new chapter in its space industry.上海乌托邦女神会所

A Long March 11 solid-propellant carrier rocket blasted off at 12:06 pm fr

上海乌托邦om a mobile launch platform — a modified submersible craft — in the Yellow Sea off the e

astern province of Shandong and then sent seven satellites into orbit about 600 kilometers above the Earth.

The mission — the first seaborne space launch in the world in five years — showcased China’s mastery of上海乌托邦

the technologies and capabilities required for

上海乌托邦女神会所such operations and indicates the country has found an alternative to its ground-based launch centers.

China is striving to expand its launch service portfolio and promote its carrier roc

kets to more countries, especially those wishing to have their own affordable satellite networks.上海乌托邦

A government draft released Friday said that children under six years old can take public transpor

t for free and those aged between six and 14 can avail of half-price tickets when presenting valid ID cards.

上海乌托邦The draft was jointly released by the Ministry of Transport and Na女神会所

tional Development and Reform Commission and is now open for public comments.

Height rather than age is the current determinant for deciding who can avail of cut-price or free tickets.上海乌托邦

Children whose height is below 120 centimeters can get fre

e tickets, while those between 120 and 150 centimeters can buy children’s tickets.

上海乌托邦女神会所Children taller than 150 centimeters are required to buy adult tickets under current policy.

As youngsters now tend to grows taller than their age, the current st

andards are believed to be unfair and there have been calls for overhauling the policy.上海乌托邦女神会所

The draft also highlighted that children who get free tickets should take up no more than 10 percent of buses’ passenger capacity.

The new policy will not be applicable to buses with nine seats or fewer

shadoujiazu.com.cn

Property Operation Public Service Platform (SIPOP) in Sha

nghai, the city plans to gather and integrate intellectual proper

ty resources such as transactions and services, gradually promoting their integration in the Yangtze River Delta region.上海乌托邦

The pilot (Shanghai) platform for the international operation of SIPOP successfully passed review by the Na

tional Intellectual Property Administration on April 22 and became operational.

上海乌托邦The Shanghai municipal government issued 100 guidelines for further o

pening up of Shanghai in 2018, and raised the goal of accelerating the construction of high

-standard intellectual property rights (IPR) protection highlands. Shanghai’s intellectual property ma上海乌托邦品茶微信

nagement level has been significantly improved through a series of revision and publishing of policies and r

上海乌托邦egulations, according to Rui Wenbiao, director of the Shanghai Intellectual Property Administration.

The Shanghai Intellectual Property Administration revised the pat

ent subsidy policy of Shanghai in 2018, and increased support for high-quality p上海乌托邦品茶微信

atents and international patent applications. The Shanghai Administration for Industry and C

上海乌托邦ommerce issued a series of guidelines and set up an office for overseas rights protection of Shanghai trademarks, to h

elp Shanghai brands accelerate their overseas development and raise their level of internationalization.上海乌托邦品茶微信

The expert group of the World Intellectual Property Organization gave a high appraisal of the achievements and pro

gress of intellectual property work in China and Shanghai in the past 10 years after inspection and evaluation.

上海乌托邦品茶微信The next steps are to improve the intellectual property evaluati

on system, promote intellectual property financial product innovation, establish m

echanisms of financing risk compensation and sharing for the intellectual property pledge and expand t上海乌托邦

he financing channels of intellectual property for small and medium enterprises.

In addition, Shanghai will upgrade the service level of the national intellectual property protection center and strive to esta上海乌托邦品茶微信

blish a city-wide service system for quick authorization and rapid rights confirmation and maintenance. It will al

so give full play to the role of the office of Shanghai trademark overseas rights protection, and improve the risk pr

evention and control ability for overseas intellectual property rights of innovative subjects.

chaohujinghui.cn

Herd instinct is the human nature to follow the crowd and act collectively – and market expectation always does not change smoothly but t

上海乌托邦ends to over-react to new information. The current market expectation of the US Federal Reserve’s rate cuts is a case in point.

On June 20, the latest meeting of the Fed’s policy-setting Federal Open Market Committee shrugged off the market’s high expectation of rate cuts and gave no clear policy signal confirming a cut.

We believe the market had overreacted in forming its expectation of rate cuts after the Fed swiftly adopted a dovish tone from the end of last上海乌托邦

year. Specifically, we believe market expectation – it has formed since May – of a change in policy stance, as well as the timing and degree of rate cuts, may not fully materialize.

We will elaborate on this now. It should be noted the misconceived expectation of Fed rate cuts could ind上海乌托邦

uce a drastic reversal in investor sentiment and asset price fluctuations, if the Fed’s moves miss expectation.

Firstly, the market may have overestimated the degree of the Fed’s policy stance change. A clear rate cut signal may not emerge until the end of this month.上海乌托邦

According to Bloomberg, the Fed funds futures market has recently priced in a 98.5-percent chance that the Fed will lower rates at least once this year.

上海乌托邦品茶微信However, the Fed’s earlier forward guidance only indicated the end of monetary policy n

ormalization, which does not necessarily point to the beginning of a rate cut cycle. Also, the Fed h

as removed the word “patient” from the latest FOMC meeting statement but did not confirm a rate-cut stance.

We believe that because of the following two reasons, the Fed is still on cautious lookout, and t

here will not be any clear rate cut signal or plan until the next FOMC meeting at the end of this month.上海乌托邦品茶微信

Externally, the Fed is expected to stand pat until trade dispute uncertainties ease, to give itself an advantage in its game with the US Administration.

The Fed would put itself in an unfavorable position if it initiated a rate cut before majo上海乌托邦品茶微信

r uncertainties over the China-US trade dispute are removed, because the pre-emptive move may enc

ourage the US Administration to escalate the trade dispute, which will in turn pose a dilemma to the Fed.

That’s because any escalation in trade tensions will, on the one hand, d

ssipate and even offset the easing boost from rate cuts and force the Fed to accelerate the上海乌托邦品茶微信

rate cut pace. On the other hand, the escalation could further fuel imported inflation, which will significantly reduce the

Fed’s room for rate cuts. The Fed will then face a policy-making dilemma of whether to further cut rates.

www.shejio.org

ect has been one 上海乌托邦品茶微信of the most highly anticipated bilateral initiatives in recent yea

rs. It could prove to be a gamechanger in deepening UK-China financial cooperation and ex

anding access to China’s capital markets, ” said Catherine Mcguinness, City of London Corporation Policy Chair.

Innovation is key to London maintaining its position as a leading int

ernational financial hub and linking one of the world’s largest capital markets with one of t

he world’s most international financial centers is good news for the UK, China and the wider global economy, she said.

“It means global investors can now benefit from China’s growth through London, while UK-li

sted companies are able to access Chinese investors directly,” she added.

The Shanghai-London Stock Connect has been developed jointly by th

e Shanghai Stock Exchange and London Stock Exchange Group, with the support of bot

h the Chinese and UK governments and in collaboration with regulatory authorities.

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e a peaceful deve上海乌托邦品茶微信lopment path and share development opportunities with all part

ies, especially through Belt and Road cooperation and more conveniences in market access.

He also called for equal dialogue based on mutual respect and adhere

nce to multilateral trade rules in addressing economic and trade problems, stressing tha

t relevant sides should never readily resort to protectionism and unilateralism.

Xi arrived here Friday for the CICA summit and a state visit to Tajikistan.

Tajikistan is the second leg of Xi’s two-country Central Asia trip, which also

took him to Kyrgyzstan for a state visit and the 19th Shanghai Cooperation Organization summ

it.The Fifth CICA Summit takes place at the Kohi Navruz (Navruz Palace) in Dushanbe, Tajikistan on Jun

www.headun.cn

red with urban areas, Zhang said. “Problems such as loose organization and lack of ability to provide public ser

vices and governance exist in some rural areas, which urgently requires intensified efforts,” he said.

In recent years, some rural areas have improved governance throu

gh innovative measures based on the reality of their situation, Zhang said.

The ministry released 20 model cases on better governance in rural areas on Wednesday.

They cover aspects such as improving connections and interactions between vil

lage officials and residents, facilitating public participation in decision-making, and

finding solutions to eliminate social problems, such as extravagance and waste in hosting events.

wrplg.cn

ning movies related to the countryside and contributed by guest authors, the region’s local literary legacy can both be re-examined and extended.

Many modern and contemporary works of Chinese literature touch on common rural issues – childhood upbringing, family inheritance and people’s exp

erience of being stuck on the bottom rung of society – that have been rooted in Chinese farming culture for thousands of years.

China’s urbanization has been rapidly progressing to the extent that rural life has become

something unfamiliar to the majority of the population, which is very different from what it was like just three de

cades ago, according to Ge Fei, author and a Chinese literature professor at Tsinghua University in Beijing.

He was rst day of the festival, interpreting what it means to us when rural societies fade away.

qianpadae.com

hina is drafting a list of foreign parties considered “unreliable enti

ties” that harm the interests of Chinese companies, said the Ministry of Commerce on Friday.

Detailed measures of the plan are to be disclosed at a later date.

The list will target companies, people and organizations that fail to abide by market rules, violate th

e spirit of contract, block Chinese companies for non-commercial reasons, and severely violate Chinese co

mpanies’ legitimate rights, said Gao Feng, the ministry’s spokesman, in a media briefing on Friday.

“Due to the increasing uncertainties in the global economy, including

the rising trade protectionism and unilateralism, the multilateral trading system is facing s

evere challenges and regular international commercial activities have been disrupted,” Gao said.

www.uoxkw.cn

Beijing will not sacrifice forex reserves to defend its currency, analysts say

China would rather rely on market-oriented forces to determine the renminbi’s value than defend its currency by d

ipping into its $3 trillion foreign exchange reserves amid trade disagreements, analysts said.

The United States Treasury announced on Wednesday that it could not label China a

s a “currency manipulator” after Washington monitored the recent performance of the RMB.

No evidence was found to show Chinese monetary authority intervention in foreign exchange markets over the past sev

eral months, according to the US Treasury’s semiannual foreign-exchange report to Congress.

sh419es.com

 fever outbreaks, affecting all 31 provinces, municipalities and autonomous regions on the mainland, since the country’s first reported outbr

eak in Shenyang, Liaoning province, in August, according to the Ministry of Agriculture and Rural Affairs.

This resulted in more than 1 million pigs being slaughtered to prevent and control the disease, which is deadly to pigs but does no

t affect people. The ministry has called for intensified research and development to expedite the availability of va

ccines for disease prevention and control, but admitted difficulties due to the complex nature of the virus.

China is the world’s largest producer and consumer of pork, with an annual produc

tion of 700 million pigs. Pork accounts for 62 percent of meat consumption in China, and su

shlfec.com