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STAR stocks then regist上海夜网d robust gains despi

ite the weak performance of the main board. The gain momentum

was broken in the third trading week, when prices of STAR stocks fell by 10.5 perce上海夜网女神会所

nt on average, according to financial information provide Wind Info.

上海夜网On Thursday, prices of STAR stocks fell by 1.9 percent on average.

“The overall performance of the STAR Market saw the full pricing-in of opinions from bulls and

bears, an uptrend with fluctuations, and a return to rationality,” the SSE said in the announcement.上海夜网女神会所

Relaxed price fluctuation limits have enabled the STAR Mark

上海夜网et stocks to be more timely priced, leading to higher pr

icing efficiency than the main board, according to analysts from Shenwan Hongyuan Securities.

Securities regulators lifted price fluctuation limits for STAR stocks in their first five trading days, and thereafter a 20 p上海夜网

ercent daily price fluctuation limit is effective, versus a 10 percent limit on the main board.

上海夜网女神会所Analysts expect trading on the STAR Market to become more rational in the medium term, with

valuation levels to better reflect company fundamentals. Firms with strong fundamentals may su

stain high valuations, while weaker ones may see a marked divergence in stock price performance.上海夜网

The market-oriented initial public offering mechanism of the STAR Market,

or the registration-based IPO system, also showed its effect, with the 28 STAR list上海夜网女神会所

ings’ price-to-earnings ratios of offer price varying from 18 to 269, according to SSE data.

This marked a difference from the main board, where almost all new offerings are p上海夜网

riced at a maximum of 23 times earnings under the approval-based IPO system.

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companies and co上海419论坛will foot the bill fo

r the tariffs imposed on Chinese goods, said Ruan Zongze, executive vice-pres

ident of China Institute of International Studies, a government think tank.上海419论坛品茶微信

Ruan, also speaking at the seminar, said US households are expected to pay up to $1,000 in additional costs annually as the pro

上海419论坛品茶微信posed levies on roughly $300 billion in Chinese imports will mainly target consumer goods.

Gao said negotiating teams from both countries have maintained communication. The two sides agreed dur上海419论坛

ing the latest meeting in Shanghai to meet for the next round of talks in September in the US.

He said the list of “unreliable entities”, a blacklist of foreign parties that harm the legit上海419论坛

imate interests of Chinese companies, is undergoing necessary procedures and will be published shortly.

The list will apply to entities that do not comply with market rules, violate contracts or hinder supplies to Chinese

上海419论坛品茶微信firms for noncommercial reasons.Hong Kong’s educators on Thursday expressed concern

over the secondary school students’ participation in political assemblies, calling it a “worrying sign”.

Hundreds of students, along with some teachers and parents, staged a rally at the Edinburgh Place, a public square in Cen上海419论坛

tral, adjacent to the Victoria Harbour, against the now-shelved extradition bill.

Some students said they would hold strikes every Monday starting Sept 2, the first day of the 2019-20 academic year.上海419论坛品茶微信

Ho Hon-kuen, principal of Elegantia College, a local secondary s

chool, called the assembly a “one-sided event” with no discussion on different views.上海419论坛

One of their demands was the release of all the lawbreakers arrested during prot

ests, which is “very dangerous” and goes against the city’s core value-the rule of law, Ho said.

Ho, who is also the chairman of a leading education group, Education Convergence, s上海419论坛品茶微信aid that members of the secondary ed

ucation system, including students, teachers and schools, should not be pulled into any political disputes.

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Xi urges furthering pov上海419ef effortsident Xi Jinp

President calls for better livelihoods, healthier growth

President Xi Jinping called for further efforts in poverty reductio上海419

n as he concluded his four-day inspection tour in Gansu province on Thursday.

上海419品茶微信Xi, also general secretary of the Communist Party of China Central Committee, urged local governments to strengt

hen environmental protection, strive to improve people’s livelihoods and secure high-quality development.

After hearing a work report by local government officials on Thursday, he said intensified efforts must be made in po上海419

verty reduction with an emphasis on solving prominent problems that affect rural residents, including access to comp

上海419品茶微信ulsory education, basic medical services and safe housing, while ensuring they have adequate food and clothing.

He required local government officials to identify and assist povert

y-stricken people house-by-house and village-by-village in impoverished areas.上海419

Saying people’s livelihoods must be ensured and improved, Xi added that the issues t

hat matter to people, such as education, medical services and transportation, should be addressed.

The president called on local governments to advance supply-side structural reforms, accelerate the upgr上海419品茶微信

ading of traditional industries, cultivate emerging industries, actively develop high value-added agriculture and coordi

nate protection and development of tourism resources to secure high-quality development.上海419

He also urged Party committees at various levels and leading officials to earnestly develop the educational ca

上海419品茶微信mpaign themed “Staying true to our founding mission” among all Party members, fight against corruption, prom

ote clean governance, improve work efficiency and resolutely overcome bureaucracy and formalism.

On Wednesday morning, Xi visited the Huanghuatan community in Gulang county, home to上海419

people relocated from environmentally vulnerable and impoverished areas. There he visited Li Yin

gchuan’s new home, with a clean yard and well-equipped kitchen and bathroom facilities.上海419品茶微信

Seeing the changes from a photo of Li’s home before relocation, Xi said he was very ple

ased at the great progress achieved in people’s working and living environments.

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They also agreed to 上海419论坛n bilateral ties and activ

vely promote trilateral cooperation, and speed up negotiations on the Regional Comprehens

ive Economic Partnership and the China-Japan-ROK free trade agreement, to jointly safeguard free trade.上海419论坛品茶微信

“China will continue to resolutely promote all-around open

上海419论坛ing-up, … which will absolutely bring new opportunities for the development of the ROK and J

apan as well as providing broad space for trilateral cooperation,” Wang said at a news conference after the meeting.

According to Wang, they also agreed on the necessity of stren

gthening communication and coordination on macroeconomic policy among the three coun上海419论坛

tries and building an open world economy given the downward pressure faced by the global economy.

China, Japan and the ROK are the world’s second-, third- and

上海419论坛品茶微信11th-largest economies, with their total GDP accounting for about 20 percent of global GDP.

“We believe that, as important manufacturing and innovation countries, China, Japan and the ROK should strengt

hen cooperation in such areas as big data, artificial intelligence and 5G,” Wang said, adding that China’s initiative to ma上海419论坛

ke 2020 the China-Japan-ROK innovation cooperation year was positively responded to by the other two sides.

Kang said at the news conference that it is important to explore and expand cooperation to enable the people of the thr

上海419论坛品茶微信ee countries to earnestly feel the benefits brought by trilateral cooperation.

The meeting also approved a concept paper on “Trilateral +X” cooperation, which a

ims to share successful experiences with other countries and promote common development.上海419论坛

This year marks the 20th anniversary of the China-Japan-ROK cooperation mechan

ism. And there was a two-year gap between this year’s meeting and the previous one in 2016.

Zhuang Rui, a professor of Asia-Pacific economics at the University of International Business and Economics in Beiji上海419论坛品茶微信

ng, said the meeting, which came amid tensions in bilateral ties and the trend of anti-globaliz

ation, helped to boost confidence and expectations for regional development and the global economy.

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in the first seven mon 上海龙凤1314Given the widenin

ing gap between increased spending and the slower expansion of income, some local governments, especially at the co

unty level, are facing fiscal pressure. But the central government will transfer more funds to local go 上海龙凤1314女神会所

vernments to ensure stable fiscal spending and further implement tax and fee cuts, the ministry said.

 上海龙凤1314By the end of July, local governments had issued 2.55 trillion yuan in new b

onds for the year, accounting for 82.8 percent of the annual quota of 3.08 trillion yuan.

A quota of 2.15 trillion yuan for local governments’ special bonds-mainly meant to s 上海龙凤1314

upport infrastructure projects-had been 65 percent used up by the end of July, the Ministry of Finance said.

Market speculation is that there will be additional bond quota space to bolster fiscal spending in coming months. But a seni 上海龙凤1314女神会所

or official at the Financial Department of the Ministry of Finance said in an interview this week: “It is unlik

 上海龙凤1314ely that the government will raise the quota for local government bonds, or for the special bonds.”

Local government special bonds are seen as an important measur

e to support infrastructure investment, and they also are not included in local 上海龙凤1314

budgeted debt. The annual quota was set by the Government Work Report in March.

About 1.55 trillion yuan in local government special bonds had been iss 上海龙凤1314女神会所

ued in the first half, the Ministry of Finance said. The remaining 600 billion yuan

issuance must be finished by September-a State Council requirement to speed financing for key projects.

China should have an expansionary and much stronger fiscal policy in order to inc 上海龙凤1314

rease public spending and prevent a further slowing of economic growth, said Yu Yo

ngding, a senior economist at the Chinese Academy of Social Sciences. Yu spoke at a recent forum.

The fiscal deficit ratio, which may surpass the government target of 2.8 per 上海龙凤1314女神会所

cent of GDP this year, should be compensated by issuing more central government

bonds, said Yu, who also suggested the central bank lower interest rates for the bond issuance.

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The Hong Kong Gene上海后花园r of Commerce, estab

ablished in 1861, is the oldest business organization in Hong Kong. Its views represent one-third the workforce in Hong

Kong, and over half of the blue chip companies on the Hong Kong Stock Exchange and the wider business commu上海后花园女神会所

nity.Huawei Technologies Co said it opposed Washington’s decision to add another 46 of its affiliates to an export black

上海后花园list and called on the US government to put an end to unjust treatment to the company.

“It’s clear that this decision, made at this particular time, is politically motivated and has

nothing to do with national security. These actions violate the basic principles of free market competition. The上海后花园女神会所

y are in no one’s interests, including US companies,” Huawei said in a statement.

The comments came after the US Department of Commerce said on Mon

day that it is adding 46 Huawei affiliates to the Entity List, raising the total num上海后花园

ber to more than 100 Huawei entities that are covered by the restrictions. Companies put on the Entity Lis

t are banned from buying US technology without special government approval.

“Attempts to suppress Huawei’s business won’t help the US achieve technological leadership. We call on the US gover上海后花园女神会所

nment to put an end to this unjust treatment and remove Huawei from the Entity List,” the company added.

Washington at first put Huawei on the Entity List in May, banning it from buyin

上海后花园g US technology without special government approval. Later, the US government gave Huawei a temporary lic

ense to purchase some US-made goods to reduce disruptions for its customers until Monday.

The US government also said on Monday that it will give Huawei another 90 days to上海后花园女神会所

buy from American suppliers. The move, an extension of the license through mid-Nove

mber, is expected to allow the Chinese tech giant to serve its existing telecom customers and smartphone users.

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Many young people i上海千花网isunderstood US

 citizens. Even many Americans disagree strongly with US politicians. The v

iolence part of Hong Kong protesters is what an average American would frown upon.上海千花网

There was a “China is not an enemy” open letter to the US president recently in The Wa

上海千花网shington Post by a group from the academic, foreign policy, military and business communities, overwhelmingly from

the US, including a former US ambassador to China and professors from Yale, MIT and Harvard.

The letter reads in part: “US opposition will not prevent the continued expansion of the Chinese economy, a greater global mar上海千花网女神会所

ket share for Chinese companies and an increase in China’s role in world affairs…. We do not believe Beijing is an ec

nomic enemy or an existential national security threat that must be confronted in every sphere.”上海千花网

It is imperative for the protesters to heal the wound now and clearly stay

away from the rioters. Identify the right crowd and recognize one incontrovertible fact-t

hat Hong Kong is part of China. Upholding the “one country, two systems” principle is the first step toward上海千花网女神会所

restoring the rule of law in Hong Kong. Please do not become the ones you hated most. If Hong Kong becomes hell, you are

contributing to it, for, as the open letter mentioned earlier also says, “Efforts to isolate

China will simply weaken those Chinese intent on developing a more humane and tolerant society.”上海千花网

The wrong crowd cannot represent you, and you are the most unique if you avoid the crowd and turn back now.

The auction of a prominent dragon-shaped building in Pangu Plaza in Beijing bega

上海千花网n with a starting price of more than 5.18 billion yuan ($734 million) on Monday.

The auction, organized by the Beijing No 3 Intermediate People’s Court, is fo

r the 44-story No 5 building of the plaza near the National Stadium-also known as the B上海千花网女神会所

ird’s Nest-on the capital’s north-south axis in Chaoyang district. It will end at 10 am on Tuesday.

Since the court put the building-related information on e-commer

ce platform Taobao in July, the auction has been viewed about 120,000 times.上海千花网女神会所

But as of press time, just two people have registered to participate in the bidding.

According to the auction rules disclosed by the court, every participant should pay 1 billion yuan as a security deposit, a

nd the price will increase by 5 million yuan each time another participant joins.

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The People’s Bank of上海千花坊on Saturday that it wil

ll improve the mechanism of the loan prime rate-the price of loans banks offer to their best clients-and use the mech

anism as the reference rate for business and household loans. The move was broadly seen as China’s effort to give th上海千花坊女神会所

e market a greater say in setting prices and to lower the real interest rate for companies.

上海千花坊”The rate reform will help reduce borrowing cost for companies so that they can expand investment and

production. It will also help improve corporate profitability,” said Yu Ke, an analyst at Guoyuan Securities.

The central authorities’ decision to support the development of Shenzhen also boosted the pric上海千花坊女神会所

es of technology companies on Monday as Shenzhen is the home of many high-tech and innovative firms.

The guideline also said that it will explore the registration-based initial p

上海千花坊ublic offering system on the startup board in Shenzhen and will support the city in car

rying out foreign exchange reform and accelerate the internationalization of the renminbi.

Ma Tao, an analyst at Caitong Securities, said that investment opportunities could emerge from technology sectors includ上海千花坊

ing 5G, artificial intelligence and life science as the guideline from the central authorities will help strengthen Sh

enzhen’s advantage as the leading technological and innovation hub for the country.上海千花坊女神会所

An index that tracks major securities brokerages also soared by 6.9 p

ercent on Monday as investors believed that a market rally will benefit securities firms.

上海千花坊The securities regulator has expanded the number of stocks qualified for the margin

trading and short selling business of the securities brokerage and has relaxed margin financing rules. The deci

sion became effective on Monday, which also helped lift the stock prices of securities firms.上海千花坊女神会所

Many young people in Hong Kong seem to have misunderstandings about the Chinese mainland and the United States.

No matter how noble an individual goal is, the collective outcome could be exactly the opposite of what each individual wa

nted. When I taught social decision theories, my students often could not believe thei上海千花坊女神会所

r eyes that collective decisions are necessarily dictatorial, even under very minimal assumptions. That is an implic

ation of the Arrow’s impossibility theorem developed by Nobel laureate Kenneth Arrow.

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show up at HK park to上海419论坛cewds rallupport o

wds rallNearly half a million people gathered at Tamar Park in Hong Kong on Saturday aftern

oon, sending out a loud call for an end to the violence and radicalism that has clouded the city since mid-June.上海419论坛

Braving light rain, 476,000 people demanded an end to all violence and the desecration

上海419论坛女神会所of national flags and emblems, as well as a halt to attacks on police stations and public facilities.

The participants chanted slogans while waving placards, banner

s and the flags of the nation and Hong Kong Special Administrative Region.上海419论坛

The city was fed up with the endless illegal marches, they said.

The rally was held after a tough week for the people of Hong Kong, with the city’s aviatio上海419论坛

n hub — Hong Kong International Airport — forced to cancel about 1,000 flights on Monday and Tuesday. In additi

on, a mainland tourist and reporter were assaulted by black-clad radicals at the airport on Tuesday night.上海419论坛

“Hong Kong was built up by Chinese people, not the British. And the young people here are throwing all of that away. I’m

上海419论坛女神会所disgusted by it,” said Erich Beck, a retired Australian who has lived in Hong Kong for 28 years.

Beck believes overseas elements are at play in the recent violent protests that have rocke

d the city, with the intent to “poison Hong Kong” in order to hurt China. He joined hundreds of thousands o上海419论坛

f local residents in an anti-violence rally on Hong Kong Island on Saturday afternoon.

Beck called on the city’s young people to think rationally about their behavior.

“How are you going to make the city better if it has all been thrown away?” he said.上海419论坛女神会所

The rally started at 5 pm, when people from all walks of l

ife took the stage to share their thoughts and common wishes. They incl

uded people from the education and legal sectors, the entertainment industry and the business sector.

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For some time上海419论坛specially Kashgar, Hotan

, Aksu prefectures as well as Kizilsu Kirgiz autonomous prefecture in the south, relig

ious extremism has long had a widespread presence. These regions have frequently fallen victim to acts of te上海419论坛女神会所

rrorism, in which large numbers of people were involved with even more having been

affected. The scale of the problem posed a serious challenge to China’s efforts to fight terrorism and extremism.

上海419论坛Extremist forces spread by exploiting people’s religious beliefs through

Xinjiang’s large religious population through deliberate distortion of religious do

trines. They also incited people to overthrow secular governments and establish上海419论坛女神会所

theocratic states. Social and economic development in the region has also suffered as a result, the white paper said.

Addressing both the symptoms and root causes by integrating preventative measures and a forceful response, Xinji

ang has established vocational education and training centers, which offer trainees lessons on standard spo上海419论坛

ken and written Chinese, different laws and vocational skills in accordance with the law, it said.

The white paper said there was no intention to deprive or li

上海419论坛mit the trainees’ right to use and develop the languages of their own ethnic group.

Education and training are not measures to limit or circumscribe freedom of the person as described by some. Rather, it is an

important measure to help trainees break free from ideas of terrorism and religious extremism.上海419论坛女神会所

It is ultimately an attempt to help the trainees to emancipate their minds, improve themselves and th

eir future prospects, the white paper said.

上海419论坛China will have to take necessary countermeasures in response to

the United States government’s proposal to slap an additional 10 percent tariff on $

300 billion worth of Chinese goods, the State Council’s Customs Tariff Commission said.上海419论坛女神会所

Washington’s planned move seriously violates the consensuses reached betwe

en the two countries’ top leaders in previous meetings, and deviates from the right track of

resolving differences through consultations, the commission said in a statement on Thursday.

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