Another series of miles上海会所 stemmed from the UA

China Economic Forum, where 19 agreements and memorandums were signed by a broad range of sect

上海会所ors between numerous UAE and China businesses. This forum showed the level of sophistication achieved in the UAE-Ch

ina relationship, as opportunities for joint action for investment were explored with a high-ranking ministerial

上海会所delegation and business leaders from the respeuch achievements are the result of decades of hard work,

since the first visit of the late Sheikh Zayed in 1990, as the first leader to China from the Arab region.

There was a fitting send-off toward the end of the visit, as a celebration上海会所

was held marking the 35th anniversary of the establishment of friendship and bilateral rel

ations between the United Arab Emirates and the People’s Republic of China. A grand ceremony took place in Be

上海会所品茶微信ijing, which was attended by His Highness Sheikh Mohamed bin Zayed Al Nahyan, China’s Vice-President Wang Qi

shan, the staff of the diplomatic mission and many high-level dignitaries, ministers, businesses and investors. T

here were even more agreements and memorandums achieved on the sidelines of this event, between a number of E上海会所

mirati and Chinese businesses, five more to cap off an extremely fruitful trip to China.

The celebration culminated with the unveiling by His Highness of a new building for the new UAE embassy to China in B上海会所品茶微信

eijing. A modern and forward-looking building, this provides a physical expression of the long-lasting vision for th

上海会所e UAE-China relationship. The new embassy is a symbol in itself, and a physical expression of a blueprint come to

life, as the comprehensive strategic partnership outlined last year is in full swing, pro

gressing and in action. Our relationship has now reached a higher level, with bilateral cooperation in full swing.

The collective vision between our countries is bold. His Highness Sheikh Mohamed bi上海会所品茶微信

n Zayed Al Nahyan emphasized, “The two sides are laying pillars for the next 100 years, beginning wit

上海会所h steps to teach the Chinese language in more than 200 schools in the UAE.” The vision of His Highness is supported by a

memorandum between the UAE Ministry of Education and the Confucius Institute headquarters of China, which wi上海会所品茶微信

ll provide high-quality Chinese language instruction in UAE schools, ensuring clea

rer communication and understanding in a shared lingua franca for generations to come.

www.hmijw.cn

A number of on-campus 上海会所ookstores that display

y the unique characteristics of different universities will be established across the country by the end of 2020, the guideline said.

 上海会所Universities should explore how to turn a traditional bookstore into an integrated cultural activities center, where book clubs, aca

demic salons, exhibitions and leisure-time gatherings could be held. University libraries and publishing house 上海会所品茶微信

s should help bookstores keep up with students‘ needs by sharing information and resources, according to the guideline.

 上海会所The guideline also supports campus bookstores recycling and selling second-hand books to help save and reuse resour

ces and build a greener campus. Branded bookstore chains are welcome to open outlets on university campuses.

Physical bookstores in universities are encouraged to play a part in work-study and entrepreneurship programs, according to the document. Cam 上海会所品茶微信

pus bookstores can offer work-study jobs to students. It also encourages university graduates to run such bookstores as a startup business.

 上海会所Phuntsok Yangdron, a 16-year-old Tibetan girl, received help from experts at Wuhan Asia Heart Hospital seven years ago.

In 2012, she was diagnosed with leakage in her left atrium and right heart crown. La

ter, she was transferred to Wuhan to receive heart surgery, and Tao was her surgeon.

The two met again this year when the hospital’s expert team revisit 上海会所

ed Yangdron’s hometown in Naidong county, Shannan, Tibet autonomous reg

 上海会所品茶微信ion. The teenage girl was excited to see Tao, she said. “I still remember how frightened I was when I went to Wuhan. I wa

s 9 years old, alone and far away from home, and was about to receive my first ever heart surgery.” 上海会所

But Yangdron was lucky. “The doctors at the hospital were very kind to me,” she said. “T

 上海会所品茶微信hey comforted me, took care of me. They gave me the courage to do the surgery without too many worries.”

After undergoing the minimally invasive surgery, Yangdron recovered quickly and the operation was a total success.

Experts from Wuhan Asia Heart Hospital in Central China’s Hubei province h 上海会所品茶微信

ave travelled thousands of kilometers across the nation to conduct examinations on child

ren with congenital heart diseases and carry out surgeries free of charge, Chutian Metropolis Daily reported.

Ever since the hospital was founded in 1999, the team of medical experts led by Tao Lia

ng, head of the hospital’s cardiothoracic surgery department, has paid visits to a number of poverty-stric

ken regions, old revolutionary base areas and remote mountainous areas. In the past eight years, they have visited Tib

et autonomous region five times, bringing professional medical assistance to local residents.

shangwuhua.cn

The Sichuan-Tibet railw上海会所roposed more th

 a century ago, with the idea revived after the foundation of the People’s Re

public of China in 1949, but various hurdles prevented it from progressing. Trains fina上海会所

lly began running on the first section of the line to open, from Chengdu to Ya’an in Sichuan province, in December.

上海会所The third section of the line, between Ya’an and Nyingchi, will be one

of the world’s most challenging railway projects because it winds through the Sichuan Ba

sin, Yunnan-Guizhou Plateau and Qinghai-Tibet Plateau, climbing from 600 meters above sea level to nearly 4,5上海会所

00 meters, according to Zhao Jian, a professor of rail transportation at Beijing Jiaotong University.

“It will go through complicated geological conditions fraught with avala

nches, landslides, earthquakes, heat, karst caves and underground streams,” he said.上海会所

At its annual work conference in January, national railway

上海会所品茶微信operator China State Railway Group, which was then called China Railway Corp, said it would co

mplete the feasibility study for the Ya’an-Nyingchi section by June and finish preparations for construction by th

e end of September. The group is also in charge of national railway planning and construction.上海会所

Things seem to have been progressing rapidly in the past month. People’s Railway Dail

y, which is sponsored by the group, reported that the company reviewed the feasibility study for the Ya上海会所品茶微信

‘an-Nyingchi section on June 4 and reached a consensus that would be passed on.

On June 17, Peng Qinghua, Party secretary of Sichuan, said at a news confere

上海会所nce that construction of the Ya’an-Nyingchi section, spanning about 1,000 km, would begin soon.

“Bridges and tunnels will cover over 90 percent of the line, which mea

ns there will be nearly 800 km of tunnels and more than 100 km of bridges,” he said.上海会所品茶微信

The next day, when China State Railway Group announced its name change, finalizing its restructuring, it was disc

losed that a new office had been established to lead the Sichuan-Tibet railway project. A new company, Sic上海会所

huan-Tibet Railway, was also added to the existing 18 railway bureaus and companies controlled by the group.

On June 26, various government departments in Sichuan discu上海会所品茶微信

ssed the route selected for the Ya’an-Nyingchi section in the province and reached a conse

nsus on the proposed route, according to the website of Sichuan’s Department of Natural Resources.

ex177.cn

lot at stake when Xi and上海会所China Daily editorial

Since both Beijing and Washington understandably want to hold their cards close to their chest

s until Xi Jinping and Donald Trump actually sit down to talk, it remains difficult to foretell exactly ho

上海会所w the widely anticipated Saturday meeting between the two presidents on the sidelines of the G20 Summit in Osaka will play out.

Both sides appear intent on seeking the best possible outcome, while being prepared for the worst. For all the harshness in thei上海会所

r respective rhetoric, both parties need some kind, or at least degree, of truce. Because both are beginning to feel the pain.

Yet ironing out the obviously substantial divergences between the two governments and sealing a wholesale deal will take time.上海会所品茶微信

So both have come with a Plan B.

“My Plan B with China is to take billions and billions a month … and we’ll do less business with them,” Trump said on Wednesday. Which is unrealistic.

Beijing’s, as both the Foreign Ministry and official media are vowing, is to “fight till the end” in上海会所

that case. Such a scenario would be lose-lose, as it would mean diminishing returns for both.

Global investors are pinning their hopes on the upcoming meeting producing a breakthrough in the cur上海会所品茶微信

rent impasse. The yet-to-be-confirmed report that China and the United States have reached a te

ntative agreement to avert the threatened tariffs helped Asian stock markets turn higher on Thursday.

上海会所品茶微信If some kind of truce cake has indeed been baked, as some assume, it certainly would be something worth celebrating.

After all, tense as they are, the trade frictions are the fuse of a broader and more dangerous standoff that may not only pit the world’s two largest econ

omies against each other, but also lead to the fragmentation of the global market and the international community.上海会所品茶微信

Former US treasury secretary Henry Paulson may have over-estimated

the impacts of US sanctions on Huawei in his latest Financial Times piece. Because th

ey do not work like a “death sentence” at all with Huawei raking in 5G contracts at home and abroad.

But he made a critically important point in warning that “we now face the very real prospect that an economic iron curtain may descend”.

The US approach that threatens to “Balkanize” technology and “decouple” it from China, as Paulson suggested, risks dividing t

he global technological and economic landscape, isolating the US itself, and undermining US capabilities for innovation.

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Liquor firm Kweichow Moutai’s shares break through

Kweichow Moutai Co Ltd, China’s iconic high-end spirit maker, saw its share price exceed 1,000上海会所

上海会所yuan ($145) per share during Thursday trading, making a historical breakthrough and becoming the

most expensive stock in the A-share market, aided by continuously growing demand and its good earnings.上海会所

上海会所Most investors are not surprised by the robust performance of Moutai. Earlier this year, many investment firms, incl

上海会所uding Goldman Sachs and China International Capital Corp Ltd, were bullish on the growth potential of the stock.

They set the target price of Moutai at more than 1,000 yuan per share, attri

buting it to China’s sustained supply-side reforms and consumption upgrade, which have boosted investor sentiment toward such consumer stocks.

上海会所Moutai, a distiller from Maotai town in southwestern China’s Guizhou province, has made substantial gains this year. On Jan 1, it

closed at 598.98 yuan per share. On Thursday, it closed at 996.35 yuan per share, and its share price has surged 66 per上海会所

cent so far this year. Its performance has been better than 90 percent of the A-share listed companies.上海会所品茶微信

Now, its market value stands at 1.24 trillion yuan. Previously, it became the first consumer st

ock with a market value exceeding 1 trillion yuan. Last year, the overall GDP of Guizhou province reached 1.4上海会所

上海会所品茶微信8 trillion yuan, meaning the market value of Moutai accounts for nearly 85 percent of provincial GDP.

Moutai became the first stock that exceeded 1,000 yuan per share after 27 years. More than tw

o decades ago, there was a stock-now named INESA Holding Group-which once exceeded 1,000 yuan pe

r share. The company has experienced multiple structural 上海会所品茶微信changes and now its market value is less than 10 billion yuan.

Other major上海会所 liquor makers are reporting solid sales and also saw outsta

nding performance during Thursday trading. They include Sichuan province-based W

uliangye Yibin Co Ltd and LuzhouLaojiao Group, which led the advance of the spirits and consumer sector.

www.aiguo58.cn

A highlight of this yea上海会所品茶微信e rare stamp exhi

ibition drawn f上海会所品茶微信rom the collections of the China National Post and Postage Stamp Museum.

A lot of these rare stamps help record the transformation of China and its modern history, such as the coil

ing dragon stamps of the Qing Dynasty printed with the words “provisional neutrality” and “Republic of China”.

The overprints were added after the Revolution of 1911, when the Republic of China (1

912-49) overthrew the Qing government but did not have enough time to print new postage stamps.

he exhibition also included the manuscripts of Robert Alexis

de Villard, the original designer of the coiling dragon stamps. His manuscripts are the earl

iest stamp design records in the China National Post and Postage Stamp Museum’s collection.

“Considering a lot of postal materials from that era have been lost, his manuscrip

ts are an important record in China’s postal history, from which we can learn the ins and outs of stamp design du

ring that time,” says Ma Lin, vice-president of the Wuhan Philatelic Association.

www.aiguo58.cn

Oil prices jump amid c上海会所品茶微信n conflict

Oil prices rallie上海会所品茶微信d on Thursday as the tensions between Washington and Tehran escalated after Iran shot down a US military drone.

Iran’s Islamic Revolution Guards Corps on Thursday announced that its air force downed “a US RQ-4 Global Hawk spy dr

one” when it entered Iran’s airspace near Mobarak Mountain region in southern coastal Hormozgan province.

US President Donald Trump described the shootdown of the drone as a big mistake.

“Iran made a very bad mistake,” Trump told reporters at the Oval

Office, adding that the US drone was shot down by someone “loose and stupid.”

The heightened US-Iran tensions ignited fears of an armed confli

ct in the Middle East, which would potentially disrupt oil supplies, analysts noted.

www.shlfdd.com

he May report summarized that China’s growth appear

ears to be stabilizing on the back of recently enhanced supportive measures.

The report expanded the number of countries it scrutinizes for curr

ency manipulation to 21 from 12. Countries with a current account surplus with the US e

quivalent to 2 percent of GDP were put on the watch list, compared with 3 percent of GDP before.

China didn’t meet the “currency manipulator” criteria listed by the US Treasury, but Washi

ngton will continue assessing the RMB’s performance given China’s large trade surplus with the US, the report said.

The US Treasury removed India from the watch list, while it added Singapore, Malaysia and Vietnam.

“Chinese authorities have not used the exchange rate in prior easing

cycles to support growth, and they are unlikely to do so now, as this could pose macr

oeconomic stability risk,” said Andrew Fennell, lead sovereign analyst for China at Fitch Ratings.

www.sh419hh.com

For many solo diners, the most trying times are Chinese festiv

Late last year, Pu Kunhong decided to conduct a test. On New Year’s Eve, the 21-year-o

ld visited a well-known hotpot chain on his own to see how people would react.

Inside the packed restaurant, diners sat around tables, dropping meat, fish

balls and vegetables into boiling cauldrons and chatting happily amid the rising steam.

Pu sat opposite a large stuffed teddy bear-placed at his table by the management to ac

t as a companion-and quietly added slices of raw beef to the broth bubbling in his cauldron.

Providing large stuffed toys as companions is just one wa

y the restaurant attempts to put solo diners at ease and reduce the stigma of eating out alone.

“The stuffed bear brought a sense of warmth and security, and I didn’t feel embarrassed eating on my own,” Pu said.

www.quanjingqihuagongfang.cn

Luckin, a Starbucks rival in China, rises in US stock debut

Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20 percent in their US stock market debut Friday.

The Chinese company, which opened its first store in Beijing less than two years ago, has 2,370

locations and plans to surpass the 3,700 stores Starbucks has in China by the end of the year.

But unlike Starbucks, Luckin is losing money.

It brought in $125 million in revenue last year, but spent much more than

that on coffee beans, store rent and other costs. Last year, it lost $475 million.

Most of Luckin’s stores are small, have few seats and are used mainly as a place to pick up mobile orders.

It also offers delivery in 30 minutes and promises a refund for delays or spilled drinks.

sh419ll.com