Category Archive上海千花网

Liu Xiangdong, a rese上海千花网the China Center for Int

ternational Economic Exchanges, said besides the policies launched to further stimulate c

上海千花网onsumption upgrade, the authorities needed to regulate the consumption environment in elderly car

e, healthcare and information while easing market entry in the healthcare, education and elderly care industries.

上海千花网Foreign companies are also showing a positive attitude toward the Chinese market.

“The implementation of more opening-up policies in the field of consumption is contributing to the shift of China’s econom

ic growth model from investment orientation to consumption orientation, which is more sustainable,” said St上海千花网品茶微信

phane Rinderknech, CEO of L’Oreal China, one of the world’s leading beauty products makers.

“Today, we are more confident than ever in developing and seizing opp上海千花网

ortunities in China. With a continuously improving business environment, consumers’ trust and

our great China dream team, we are confident in making China the number one market for L’Oreal Group in the near fut

上海千花网品茶微信ure,” he said. “We hope the joint efforts between the Chinese government an

d companies will further stimulate China’s domestic consumption and benefit consumers.”

Faced with trade friction with the United States, experts believe consumption will play a major

role in offsetting the negative impact on trade and putting economic growth on a firm footing.上海千花网品茶微信

“China is a market with a population of 1.4 billion and 400 million middle-income earners, and there is a strong dem

and for consumption upgrade,” said Wang Bin, an official at the Ministry of Commerce. “The domestic consumption ma

rket is full of potential and it is China’s biggest advantage to maintain long-term stable development.”

Rural areas offer more consumption potential, according to experts.

“The country’s exports in the first five months (of 2019) had been increasing but at a slower pace… in the future, the trade surp

lus will inevitably narrow,” said Xu Hongcai, deputy chief economist at the China Center for International Economic E

xchanges, arguing that the degree of dependence on foreign trade will decrease.

He said the country needed to turn to domestic demand to power ec

onomic growth, and the country’s ongoing urbanization offered large potential.

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buy electric home applia上海千花网 a supermarket i

Policies to enhan上海千花网ce entrepreneurship, employment and consumption are encouraging people to spend

上海千花网品茶微信Consumption will continue to be the strongest driver of China’s economic growth

and the country’s regulators are looking at ways to further liberalize its potential.

Immediately after the three-day Dragon Boat Festival at the beginning of June, during which, according to China’s Ministry of C上海千花网

ulture and Tourism, Chinese tourists spent 39.3 billion yuan ($5.72 billion) on domestic travel, the country’s sav

上海千花网品茶微信vy internet users were busy arranging their shopping carts for the online sales day on June 18.

“It is the best time to stock up on those daily necessities of life for the whole year,” said Hong X

in, a 28-year-old office worker in Suzhou, Jiangsu province, who had her eye set on a toilet paper and

上海千花网品茶微信washing liquid value deal on Tmall, one of the country’s biggest e-commerce platforms.

She said the sales day was not just about saving money, but also about en

joying better products. “For example, wet toilet tissue is quite expensive if you buy it in

the supermarket one pack at a time, but it is much more affordable during the sales day if you buy in bulk,” she said.上海千花网

Consumers like Hong, who have a strong willingness to spend to make their lives easier, are adding

impetus to national consumption, which achieved an eye-catching performance in the first quarter of上海千花网品茶微信

2019, according to Nielsen, the New York-headquartered information, data and measurement company.

Nielsen’s report said that in the first quarter, China’s consumer trend index, which measures perceptions of local job pr

ospects, personal finance and willingness to spend, was close to a historical high.

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ternational business fair promotes entrepreneurial coope

The annual China International Small and Medium Enterprises Fair has played an increasin

上海千花网女神会所gly important role of strengthening cooperation between Chinese business owners and their overseas counterparts, said the event’s organizers.

This year’s fair will start on Oct 10 in Guangzhou, capital of Guangdong province, with 6,000 booths that cover a total area of 150,000 square meters.

Over the past 13 years, more than 8,200 overseas companies had participated in the fair,上海千花网

and 16 countries and international organizations had served as co-hosts of the event.

Following Russia and India, South Africa becomes a co-host of the fair this year, showing the important role of the fair of promoting trade and

上海千花网女神会所economic cooperation among members of BRICS, a commonly used acronym for the emerging-market economies of Brazil, Russia, India, China and South Africa.

International business fair promotes entrepreneurial cooperation, trade

The United Nations Industrial Development Organization is another co-host of this year’s event.

“Thanks to its growing importance of promoting cooperation among global SMEs, more countries and international organizations have shown their interests in co

-hosting the event,” said He Zuoxian, deputy director-general of the Guangdong SME Bureau and director-general of the Bureau of CISMEF.上海千花网

He said a growing number of countries, including the United Arab Emirates, Nigeria, Britain and Israel, are preparing to s

end delegations to the event and will talk to the organizers about possible cooperation with the fair in future years.上海千花网女神会所

Edith Vries, director-general of the Department of Small Business Development of South Africa, said the annual CISMEF has become a global sta

ge where the country’s entrepreneurs display their products to the international market.

“We intend to use the fair as a platform to unlock markets for our small businesses and cooperatives,” Vries said.

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Last year, Moutai achieved whole-year sales revenu

ue of 75 billion yuan, up 23 percent year-on-year. Its net profit totaled 34 billion yuan, jumping 25 percent over the previous year, its earnings report said.

上海千花网This year, Moutai aims to achieve sales revenue of 100 billion yuan, growing 14 p

ercent year-on-year, and reaching a net profit of 45 billion yuan. The company said it is strong and confident enough to drive further growth.

上海千花网”The stock market now shows a prominent problem of polarization. Leading

上海千花网上海品茶white-horse stocks have seen continued steady growth. The climbing share price of Mout

ai definitely gave a boost to many white-horse stocks, with the prices of several stocks reaching their new high, while some ot上海千花网

her themed stocks are being marginalized,” said Yang Delong, chief economist at the Shenzhen-based First Seafront Fund.

Market demand for liquor products will likely remain strong, and major spirit makers a

上海千花网上海品茶re expected to witness more steady and structural growth and continue to remain competitive, Zhongtai Securities said in its report.

As the sun sets and the temperatures begin to cool, the evening heats up as night markets start to boom, especially during holidays and festivals.上海千花网上海品茶

The nighttime economy means people can dine, shop and enjoy entertainment at night.上海千花网

Some cities including Beijing, Shanghai, and Jinan have published policies to support and promote the nighttime economy.

China’s electric car startup NIO recalled 4,803 ES8 vehicles, about one-third of the company’s first batch for delivery, Beijing Youth Daily reported on Friday.

The company also promised to compensate all property losses caused by accidents due to battery quality上海千花网上海品茶 according to law, the report said.

Starting from June 27, the company recalled the 4,803 ES8 electric vehicles with power battery packs manufactured between April 2, 2018, and Oct 19, 2018, a上海千花网上海品茶ccording to a notice from the State Administration for Market Regulation.

The power battery pack used in the vehicle within this recall range is equipped with a module of the specification model NEV-P50, which has the voltage sampling harness in an improper position, where it could cause a fire.

In 2018 the trade volume for food service at night increased 47 percent year-on-year,上海千花网上海品茶

which is 2 percentage points faster than the growth rate for food consumption during the day, accordin

g to statistics jointly issued by the China Tourism Academy and online consumption service provider Meituan Dianping.

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Stephen Roach, a 上海千花网品茶微信t Yale University a

 and a former ch上海千花网品茶微信airman of Morgan Stanley Asia, warned that if the US and China, wh

ich have accounted for fully 44 percent of world GDP growth since 2008, opt for a superficial res

olution or fail to come to terms on their trade conflict, the global economy could well falter.

Bipartisan political support for China bashing in the savings-shor

t US threatens to turn a trade war into a protracted and destructive economic cold war, Roach said.

“Now, more than ever, a fragile world is in desperate need of political will and wisdom,” he said.

Xiong Aizong, assistant researcher at the Chinese Academy of Social Sciences’ Institute of World Economics and Pol

itics, agreed that multilateral mechanisms are the best solution to tackle global issues.

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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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Buildings at Tesla’s Sh上海千花网女神会所 nearly complete

Construction on 上海千花网女神会所the buildings at Tesla’s Shanghai plant has almost completed and the production equ

ipment is being prepared for installation, the auto news website Eelectrek reported on Sunday.

However, a representative at Tesla’s China branch said the plant is not yet finished, and these details are the same as th

e news released at the Tesla shareholders’ meeting, according to National Business Daily.

With an investment of over 50 billion yuan ($7.22 billion), the Shanghai plant, or Gigafactory 3, is the co

mpany’s first manufacturing facility outside the US and the first wholly foreign-funded automotive production project in China.

China is the world’s largest new energy automobile market, so

having manufacturing capacity in the country will help Tesla avoid increasingly unce

rtain import tariffs because of the trade tension between China and the US, said the new website.

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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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It noted that China’s surplus comes mainly from lab

bor-inte上海千花网女神会所nsive products, and the country saw deficits for products including aircraft, integrated circuits, auto

mobiles and agricultural products, indicating that both countries have capitalized on their respective industrial advantages.

“Strict controls by the US over exports to China is one of the important reasons for the trade deficit,” the re

port said, adding that the measures involve around 3,100 items in 10 categories, mostly high-tech products.

Tom Harper, a researcher at the University of Surrey in southea

stern England, said since the Sino-US trade friction escalated, the impact is already being

felt on global supply chains. For example, China has sought to move away from the US to other countries for the goo

ds it needs. Brazil, for example, has begun to supply China with soybeans previously bought from the US.

These moves demonstrate the dangers of trade conflicts, with US farmers bearing the brunt of Chinese tariffs, Harper said.

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Colorado, New Mexico, Kentucky, Tennessee, Verm

The FDA, which also regulates the cosmetics and beauty industry, says it is “concerned”

about the growing number of CBD products that make unproven health claims.

Not all cosmetic products need the FDA’s approval before they hit the market, but the FDA c

an take action against companies that claim unsubstantiated health benefits from their products.

It’s estimated that about 64 million US citizens have tried CBD in the past two years,

according to a January 2019 Consumer Reports survey of more than 4,000 people.

As for the size of the market, total sales of hemp-based CBD products are expected to

reach $22 billion by 2022, up from $619 million in 2017, according to Brightfield.

“There is high consumer interest in the demand of these products, and there’s a co

mplete lack of regulations in the available landscape,” Paul Armentano, deputy d

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