r plant, said the four reactors are the world’s first-ever third-g

上海419eneration pressurized water reactors that are being built without any time overruns.

Zheng Mingguang, president of Shanghai Nuclear Engineering Research and Design Inst

itute Co Ltd, an affiliate of the State Power Investment Corp, said China has accumulated precious experiences and上海419女神会所

capabilities in nuclear power project design, construction, and operation over the past few decades.

By the end of June, China had 47 reactors in operation with a capacity of about 48.73 million kW, and the nuclear power

上海419plants produced about 160 billion kWh of electricity in the first half of 2019, up 23.09 percent year-on-year and acc

ounted for 4.75 percent of the total electricity generated in China, according to the China Nuclear Energy Association.

“We used to lag behind, but thanks to efforts of several generations of researchers, China is now among the few cou上海419女神会所

ntries in the world to have a comprehensive third-generation nuclear power industrial chain,” said Zheng, who is a

lso chief engineer of CAP1400, a third-generation nuclear reactor technology developed by the institute.

上海419China is among the best in the world’s nuclear power industry, with di

stinct competitive advantages to export nuclear power projects, he said.

CAP1400 utilizes proven technologies and takes advantage of superior design features to reduce costs and meet high上海419女神会所

safety requirements, he said, adding China is able to design and manufacture key equipment and materials.

Over 85 percent of components and devices of CAP1400, including key ones s

上海419uch as steam generators, pressure vessels, accumulators, and squib valves, can

be domestically manufactured, thanks to efforts and innovations from both State-owned and private Chinese com上海419女神会所

panies, while the rest can be sourced from multiple foreign suppliers, according to Zheng

aishes021.org

ina and others involved in the Belt and Road Initiative to achieve the goals of the United Na

上海楼凤女神会所tions’ 2030 Agenda for Sustainable Development through capacity building.

While proactively making use of multilateral cooperation channels such as the BRI to promote environmental cooperation, China has also established a bila

teral environmental cooperation mechanism with Russia and Kazakhstan. The top environmental watchdogs of Ch上海楼凤

ina and Tajikistan are also expected to sign a memorandum of understanding soon, Zhou said.

上海楼凤女神会所The 19th meeting of the Council of Heads of State of the Shanghai Cooperation Organization, which was held in Bishkek, Ky

rgyzstan, the capital, has passed an implementation plan for the Conception of Environmental Cooperation Among Sh

anghai Cooperation Organization Member States, which was passed in 2018 at the SCO Qingdao Summit.上海楼凤

Xinjiang TV host Adyl Ashym said he was pleased in May to receive a formal letter of thanks from Kyrgyzstan national televis

ion officials for his 15 years of efforts to introduce China to Kyrgyzstan’s people through a daily TV program.

上海楼凤The 44-year-old anchor, of the Kyrgyz ethnic group in China, speaks the same language as people in Kyrgyzstan. He join

ed the Xinjiang Radio and Television Station in Urumqi, capital of the Xinjiang Uygur autonomous region, in 2003.

In 2004, he became the host of a new TV program, China Today, which is broadcast daily in the Kyrgyz language via satellite on Kyrgyzstan national TV.上海楼凤女神会所

The program runs 60 minutes, with a 15-minute special report or documentary on Chinese cultu

re, economy, history, tourism, education or daily life and a 45-minute episode of a Chinese TV series.

The program team adapts videos from China Central Television and other television stations and dubs th

上海楼凤em into Kyrgyz. Adyl and two other anchors dub the videos, and sometimes he replaces the hosts in the original videos.

“Over the past 15 years, we’ve received many emails and phone calls from the audience in

Kyrgyzstan,” he said. “They like our programs, and many are surprised at China’s rapid development.”上海楼凤女神会所

Adyl recalled that years ago, when they broadcast reports about Chinese railwa

ys, he received a phone call from an amazed viewer who said, “China is so great that trains have been connected to Tibet”.

www.xwcqkp.cn

communication Union, said China is a pioneer in reducing the digital divide, with a strong input of resources

 上海后花园to ensure that more people can access fast, affordable mobile communication and broadband network services.

After the conclusion of an important meeting of the Communist Party of China Central Committee, the participants said Chi

na seeks to make its fiscal policy more effective and maintain “reasonably ample” liquidity. And instead of resorting to a sti 上海后花园品茶微信

mulus in the real estate market, China will lay emphasis on “proactive fiscal policy and prudent monetary policy”.

It is a challenging balancing act, but the right stance at the right time.

 上海后花园Meanwhile, White House pledged to impose an additional 10 percent tariff on Chinese imports to th

e US, which caused US stocks to tank 280 points. The White House needs a scapegoat as the Fed cuts ca

nnot offset Trump’s tweet policies, US growth is slowing and a slowdown is looming in 2020.

The CPC Central Committee seeks to avoid targeted but costly stimulus policies, which co 上海后花园品茶微信

uld exacerbate new risks of asset bubbles over time, while ensuring adequate fiscal support. Since inf

rastructure investment remains relatively soft by historical standards, fiscal easing on investment is likely in the s

 上海后花园品茶微信econd half of the year. And it could be tilted toward small enterprises and startups.

The International Telecommunication Union drafted the Dunhuang Initiative

on Thursday, calling for more countries and regions to promote internet connectivity.

Chen Zhongyue, deputy general manager of China Telecom, said the telecom carrier has been working hard to build b 上海后花园

etter telecom infrastructure to help people in remote mountainous regions and districts enjoy fast internet services.

In Gansu province alone, the company has invested 1.9 billion yuan since 2016 to help reduce poverty through building

 上海后花园品茶微信more 4G base stations in rural areas. Currently, 96 percent of poverty-stricken administrative villa

ges in Gansu has been covered by 4G signals and 99 percent have been covered by the optical network.

www.olkcim.cn

ram may harm banks’ capital adequacy, regulators will support banks to issue perpetual de

上海千花坊bt – a type of debt without a maturity date – to replenish their capital. Foreign investors will also be allowed to own st

akes in the financial investment firms that take part in the debt-for-equity swaps, the guideline said.

Meanwhile, the guideline said that good-quality and com上海千花坊女神会所

petitive companies with high leverage ratios will be encouraged to participate

in the program and the country will step up efforts to enhance asset pricing of swaps.

上海千花坊Various measures will also be unveiled to lower corporate leverage and properly handle the debt issues of loss-making “zombie c

ompanies”, the guideline said, urging financial institutions to keep monitoring the risks of corporate debt.

Li Longhai, an analyst at Dongguan Securities Co上海千花坊女神会所

Ltd, said that the measures will help banks offload distressed debt from their

balance sheets and will help ease the pressure from the rising nonperforming loans.

“It will also benefit private companies and help them resolve debt risks. And it could sav

上海千花坊女神会所e companies that have strong growth potential but are in temporary difficulties,” Li said in a research note.

As of June 30, the contract value of the debt-for-equity swap program reached 2.4 trilli

on yuan ($350 billion) with about 1 trillion yuan already in place and ready for investment. The value of new contr上海千花坊

acts of debt-for-equity swaps signed in this year reached 390 billion yuan, according to the NDRC.

上海千花坊女神会所Zeng Gang, deputy director of the National Institution for Finance and Developmen

t, said: “The debt-for-equity swaps will improve the financing ability of companies, reduce

their borrowing costs and boost their profitability as well as their business sustainability.”

qianpadae.com

e tools to ease the pressure on the job market. As the largest group of jo

上海419论坛女神会所b seekers, college graduates have an entire year to find jobs. In addition, college gra

duates have several options to seek employment immediately or in the near future-for instance, they can start their ow

n business or choose to pursue further studies. Plus, statistics show that more than 90 percent of college graduates find a上海419论坛女神会所

job within six months of leaving college, sometimes by accepting salaries lower than their expectations.

As for migrant workers, they have always been flexible in the job ma上海419论坛

rket. Due to the ever-improving employment information channel and rising demand for

workers in the service industry, the actual demand for migrant workers has been continuously rising in recent years.

上海419论坛女神会所The government, on its part, should improve its economic efficiency, overcome

uncertainties and take measures to fulfill enterprises’ requirements to ensure sustained eco

上海419论坛nomic growth, which in turn would further increase the demand for labor. The government should also accelerate re

form and opening-up, and implement targeted macroeconomic policies to minimize ec

onomic fluctuations and narrow the gap between job seekers’ expectations and the real condition in the market.上海419论坛女神会所

Take college graduates for example. The majority of them expect to get

a salary higher than the existing market rate-and many of them prefer to work in China’s

上海419论坛eastern region, first-tier cities and/or large enterprises. This indicates there is a gap between college graduates’ expect

ations and the actual situation in the job market. Besides, many college graduates’ knowledge and practical skills can

not fulfill the requirements of the market, especially those of big companies.上海419论坛女神会所

So the authorities should moderately loosen macroeconomic policy to create more jo

bs, strengthen social security and improve information sharing to cultivate more talents.上海419论坛女神会所

The author is a professor at the School of Economics, Renmin Univer

sity of China. The views don’t necessarily represent those of China Daily.

qianhuain.com

southwest, increased its exports by 21.9 percent in the first half, largely selling to Europe and ASEAN countries.

上海后花园ang Wenlei shapes Olympus’ China strategy with focus on services, manufacturing

Yang Wenlei, CEO of the China unit of Japanese tech giant Olympus Corp, said the local market is of great s上海后花园

ignificance for the company. Olympus, she said, has great confidence in the growth potential of the Chinese market.

The company will press ahead with research and development activities and high-end manufa

上海后花园女神会所cturing in China’s medical field. It also aims to tap the huge local demand for medical equipment, inc

luding endoscopes, microscopes, and solutions for minimally invasive surgeries, she said.

“We will enhance our efforts in medical, imaging and scientific solution sectors in China this上海后花园

year,” Yang said. “The medical sector will be our main focus and we will pour more resources into the segment.”

上海后花园女神会所At present, Olympus is focusing on sales promotions in China. “In the future, we hope to build a compr

ehensive regional headquarters in China, covering R&D, manufacturing, services and training,” Yang said.

“We attach great importance to the medical sector in China. Compared with Europe, the United States, Japan and上海后花园

other developed countries, China has huge potential demand for medical equipment, given its aging population.”

I had expected to see some impact of the trade war on southeastern provinces where export manufa

上海后花园cturing is concentrated. But, Guangdong province grew by 6.6 percent and Zhejiang grew at 7.7 p

ercent year-on-year, both higher than the target rates, in the first quarter, according to the latest data available.

These export-oriented manufacturing provinces are transforming t上海后花园女神会所

oward higher tech manufacturing and are also increasing exports to developing co

untries. For example, Zhejiang’s exports to ASEAN countries surged 22.5 percent year-on-year.

上海后花园女神会所So, the strategy of using domestic reforms and international opening-up to in

crease domestic competition, moving to consumption and services, and emphas

izing higher tech, higher value-added manufacturing is working, according to the latest data.

jvuau.cn

er capita from 2010 to 2020 and clearly will reach that goal.

上海千花网女神会所Nicholas Lardy, an often-cited Washington-based expert on the Chinese economy, argues i

n his recent book The State Strikes Back: The End of Economic Reform in China that China could have co

上海千花网ntinued to grow at 10 percent per year throughout this decade if not for policy mistakes.

His core argument is that Japan and South Korea continued high growth r

ates until they reached GDP per capita equal to 60 to 70 percent of the US, so why can’t China?上海千花网

With all due respect, I think this is a silly argument. The early growth in both Japan and South Korea was based on for

上海千花网eign demand for exports. In South Korea, these exports were manufactured largely by state-led companies.

China is a much larger economy. There is not enough potential import demand in the worl

d to continue as a main driver of the economy’s growth. It takes longer to grow organically from domestic demand.

上海千花网女神会所Japan saw very fast economic growth from the 1950s to the 1970s based on technological c

atch-up and on fast export growth to the US. The export industries of Japan – mostly cars and electronics –

are extremely competitive. But, much of the domestic economy is protected and inefficient.上海千花网

A series of trade disputes with the US in the 1970s and 1980s culminat

上海千花网女神会所ed in the Plaza Accords in 1985 that limited Japanese exports to the US and forced Jap

an to roughly double the value of the yen. So, export-led growth was no-longer an option.

Instead of opening-up and reforming its domestic economy, Japan first chose to use monetary stimulus in the late 1980s, which上海千花网

resulted in an immense real-estate bubble and led to the real-estate and stock market collapses in 1990 to 1992.

Through the 1990s and 2000s, Japan then tried to use very large infrastructure investm上海千花网女神会所

ents to stimulate the economy. This just resulted in negligible growth, ecological damage and a government-d

ebt-to-GDP ratio of more than 200 percent – by far the highest in the world. In contrast, China’s strategy of str

uctural reform, opening up, and increasing domestic competition will lead to more sustainable GDP growth.

www.jvuau.cn

n of Hubei province, announced that it had punished 15 local officials for constructing a bridge that caused the de

 上海419品茶微信aths of 36 Chinese sturgeons, which are a critically endangered species. China Daily writer Zhang Zhouxiang comments:

In September 2018, when a company was constructing the local Miyue Bridge in Jingzhou, Hubei province, a nearby C

hinese sturgeon breeding base found that their Chinese sturgeons suffered and were jumping out of the water. 上海419

An investigation concluded that it was the noise of the construction that distur

 上海419bed the fish. However, the local government upon receiving the investigation report si

mply passed the buck from one department to another. The construction did not stop until one month later, but th

e tragedy had already happened because 36 Chinese sturgeons, whose number is lower than 1,000 nationwide, died. 上海419品茶微信

A later probe even found that the construction project had not undergone any environmental impact assessment. The ca

 上海419e reflects the lack of any environmental protection awareness among many local officials, whose sole co

ncern is GDP growth. The construction of the bridge will probably result in tens of millions of yuan in GDP growth. C

ompared to that, in their minds, the lives of a few Chinese sturgeons are expendable. 上海419

For a long time, wildlife protection and other aspects of environmental protection have

 上海419品茶微信been considered a job that belongs to environmental departments only. In this case, the local

government of Jingzhou received complaints first, but they simply passed them on.

Even when experts reached their conclusions, the bridge constr 上海419

uction still continued. It did not stop until the media reported on the incident.

This is the first of its kind, in which local officials have been punished for failing to properly protect an endangered species. Mo

 上海419品茶微信re important, the majority of the 15 punished officials serve in administrative offices, not just the one responsible for wi

ldlife protection. In other words, wildlife protection is considered a job for every department.

Let’s hope it will guide more officials nationwide to have a deeper understanding of the importance of wildlife protection.

www.ixhhw.cn

place our brainpower in future and enable people to learn more about uncerta

上海后花园女神会所inties,” Li said in his keynote speech at the 2019 World Industry Internet Con

ference, which opened in Qingdao, East China’s Shandong province, on Thursday.

“We should also remember AI systems have a non-human mindset and th

上海后花园rough self-learning and practice, they can exceed human thoughts,” Li added.

The two-day conference brought officials, experts and entrepreneurs from six countri

es and regions to discuss the combination of high-end industry and artificial intelligence.

The annual event, regularly held in Qingdao, aims to build a com上海后花园女神会所

munication and cooperation platform to promote coordinated innovation worldwide.

上海后花园Jurgen Robmann, a member of the National Academy of Science and Engineering in G

ermany, said his team is working with Qingdao partners by focusing on digital twins technology.

“Digital twins technology helps people understand how physical machines oper

ate, and how these integrate themselves into industrial processes,” Robmann said.上海后花园女神会所

Yangjiang nuclear power plant’s unit 6 in Guangdong province is ready

for commercial operation with all the debugging work done as of Wednesday, it

s operator China General Nuclear Power Corp said on Wednesday in a statement.

上海后花园女神会所After all six units of Yangjiang nuclear power plant are put into operation, the annual energy output of the plant should re

ach 48 billion kilowatt hours, equivalent to 15.6 million metric tons of coal being burned.

This will reduce carbon dioxide emissions by 38.28 million tons, sulfur dioxide by 370,000 t上海后花园

ons and nitric oxide by 240,000 tons, said CGN, one of China’s biggest nuclear power operators.

上海后花园女神会所”A gradual acceleration of reactors approvals is expected as nuclear energy is absol

utely key to cut the nation’s reliance on fossil fuel power generation,” said Joseph Jacob

elli, an independent energy analyst and Asia-Pacific CEO of clean energy producer Joule Power.

www.bibentu.cn

und respect and humility” to communicate with Caixin, and would like to have a “transpar

 上海乌托邦品茶微信ent, unreserved conversation” with Caixin to talk about the business of his company and industry development.

He also expressed his apologies to Sogou CEO Wang Xiaochuan, who Sun once derided as a “wa 上海乌托邦

ge earner” while calling himself an “entrepreneur” during an interview with the Chinese news website Jiemian.

 上海乌托邦Specifically, Sun said he will introduce his business and industry development to and cooperate with re

gulatory agencies, meet their requirements and maintain on-time responses and long-term communication. 上海乌托邦品茶微信

Wanda Sports is very confident in the outlook of China’s sports industry and believes the sports market in China could be a

 上海乌托邦most promising one across the world,” said Yang Hengming, chief executive officer (CEO) of the company.

As a sports-related unit of Chinese conglomerate Dalian Wanda Group, Wanda Sport 上海乌托邦

s Group Co started trading Friday with initial public offering (IPO) of some 23.8 million American deposit

 上海乌托邦品茶微信ory shares (ADSs) priced at eight U.S. dollars per ADS on the Nasdaq Global Market under the ticker symbol of “WSG.”

The three core businesses of Wanda Sports, namely the mass participation, spectator sports, and digital, production, sports so

lutions (DPSS), are competitive among the world’s leading players in the sports industry. “Over the past three yea 上海乌托邦

rs, Wanda Sports has made significant progress in terms of revenue, profit and cash flo

 上海乌托邦w. Our business in China develops notably well,” Yang told Xinhua Friday after its IPO ceremony.

“Wanda Sports is going to play a greater role in China’s sports m 上海乌托邦品茶微信

arket and is dedicated to advancing the market at large,” said Yang.

Yang believes that being listed on Nasdaq fits Wanda Spor

 上海乌托邦ts’s global presence well and will help increase its international visibility.

Wanda Sports has expanded the footprint of its business to Europe, North America

and Asia with some 60 overseas offices and more than 1,600 employees across the world. 上海乌托邦品茶微信

Considering the valuation of the company and current market conditions, W

anda Sports adjusted down the size of its offering to approximately 190.4 million dollars.

www.bendidaojia.cn