High-tech spurs growt上海夜网condhand goods market

n the first half of 2019, a total of 6.86 million used cars

上海夜网were sold across China, up 3.9 percent year-on-year. Overall sales hit 43.4 billio

n yuan, according to the latest data from the China Automobile Dealers Association.上海夜网品茶微信

Luo Lei, deputy secretary-general of the China Automobile Dealers Association, said earlier that the booming market is tha

nks to the central government’s decision to remove limits on the flow of used vehicles across regions.

上海夜网Since last year, China has ramped up efforts to scrap limits on cross-region flow of used

cars, as part of the country’s broader push to make the automobile industry globally competitive.

“This will encourage consumers to switch cars more frequently and

help enterprises to adjust their plans and explore untapped demand,” Luo said.上海夜网品茶微信

China has about 240 million cars on the road, data from CADA showed, yet about 78 percent are from first-and second-tier cities.

“But demand for used vehicles chiefly comes from consumers in small cities, resulting in huge dema

上海夜网品茶微信nd-supply imbalances geographically,” according to data from Youxin, an online used car dealer.

To tap into the demand, major car dealers including Renrenche, Youxin and CA

RS are all gearing up to enter more cities and provinces to boost market share.上海夜网

Major ride-hailing firm Didi is also entering the mar

ket by buying used vehicles directly from Renrenche in a bid to lower costs.

上海夜网品茶微信”The transaction volume between the two sides is likely to exceed

2 million vehicles in three years,” said Renrenche in an earlier statement.

Major internet behemoths are also joining the fray.

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According to Asahi Shi上海夜网 annual survey ahead of

 Constitution Day on May 3, doubts over constitutional revision have increased.

On the one hand, a large majority of the respondents said they don‘t see any upsu上海夜网

rge in the call for constitutional amendment despite Abe’s desperate efforts.

上海夜网女神会所On the other hand, when asked if Article 9 should be amended, 64 percent of the respondents

said “no”, up from 63 percent last year, while only 28 percent said “yes”, down from 32 percent last year.

And Yomiuri Shimbun’s nationwide opinion poll in July showed people are more concerne上海夜网

d about “social security matters” such as pensions than constitutional amendment. In fact, 37 perce

上海夜网女神会所nt of the respondents, the biggest group, said they vote for the party which promises to provide the best possible socia

l security for citizens, with only 7 percent saying constitutional amendment is the most important issue for them.

Moreover, apart from heeding the call of a majority of Japanese citizens, Abe and the LDP sh上海夜网

ould also take into consideration the opinions of Japan’s neighbors such as China, the Republic of Kor

上海夜网ean and the Democratic People’s Republic of Korea, where the invading Japanese troops committed many atroc

ities before and during World War II, before venturing to amend the Constitution.

If the LDP tries to amend the pacifist Constitution without resolving the historic上海夜网

上海夜网女神会所al issues with the neighboring countries and without understanding the true sentiments of Japanese citizens, it will

face opposition from the Japanese people as well as the international community.

The author is head of the Institute of International Politics at and deputy director of North上海夜网

east Asia Research Center, Jilin University. The views don’t necessarily reflect those of China Daily.

上海夜网女神会所ith the European Parliament election in May producing unexpected results, cho

osing new leaders for European Union institutions became a tough exercise for EU officials.上海夜网

On July 2, Ursula von der Leyen, German defense minister, was nominated as the new president of the European Com

mission, and Christine Lagarde, International Monetary Fund managing director, was nominated to head the Eu

上海夜网女神会所ropean Central Bank. While outgoing Belgian Prime Minister Charles Michel was nominated to lead the European Cou

ncil, former EP president Josep Borrell’s name was proposed as the new EU foreign policy chief.

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African safari inspires L上海夜网 director Favreau

For most of us, it is just a daydream to quit our job, pull up stakes and travel around the world.

However, for Jon Favreau, doing just that may just have landed him上海夜网

the biggest project in his filmmaking career, after a six-month sabbatical to Africa earned him

上海夜网品茶微信the director’s chair on Disney’s $250 million live-action remake of its 1994 animation, The Lion King.

As one of the most anticipated blockbusters this summer, the new Lion King fi

lm will open across the Chinese mainland on Friday, a week earlier than North America.上海夜网

According to the producers, Favreau went on a safari to Africa six months befor

上海夜网品茶微信e even entering into talks with the Hollywood giant about taking the helm of the remake.

During his trip, the original film was used as frame of reference several times-first, when Favreau and other travelers saw a wart上海夜网

hog run past the safari vehicle and a member of the tour party started singing Hakuna Matata, a song from the mo

vie. The film was mentioned again later, when they saw several lions standing majestically on a rock.

上海夜网品茶微信In an introductory news release from Disney, Favreau says the Lion King story “pops up in music, on T

V shows, in comedy routines, as part of sketches … It’s such a deep part of our culture that it felt上海夜网

like there was a tremendous opportunity to build on that and to retell the story in a different medium.”

上海夜网品茶微信Widely regarded as a classic, the 1994 animated film won two Academy Awards-Best Original Song for Can You Feel the Love To

night, composed by Elton John and Tim Rice, and Best Score, thanks to composer Hans Zimmer.

In 1997, a stage production inspired by the film debuted on Broadw上海夜网品茶微信

ay, subsequently winning six Tony Awards. Now, more than 20 years later, the mus

ical has remained as one of Broadway’s biggest hits, recently staging its 9,000th show.

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Lieutenant General Shao Yuanming, deputy chief

of the Joint Staff Department of China’s Central Military Commission, said in an afternoon media bri

efing on behalf of the Chinese delegation that the People’s Liberation Army appreciates the US’ will

ingness to communicate and maintain a stable China-US military relationship.

However, Shao said Shanahan also made some inaccurate claims on China’s military de

velopment and strategic intentions in his speech, “and the PLA resolutely opposes these accusations”.

Regarding the Taiwan question, the US side has reiterated its military

 

 

efing on behalf of the Chinese delegation that the People’s Liberation Army appreciates the US’ will

ingness to communicate and maintain a stable China-US military relationship.

support to the island based on the so-called Taiwan Relation Act.

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llover effects on the developing economies, particularly tho

with high export exposure to the impacted economies

. A more protracted period of weak international trade activity could also harm investment pr

ospects and adversely affect productivity growth in the medium term.”

The report indicated that the entire global economy is experiencing a broad-based growth slowdown amid unresolved tra

de tensions, high international policy uncertainty and softening business confidence.

The forecast for weaker global growth casts a shadow over efforts to im

plement the UN’s 2030 Agenda for Sustainable Development, which has set universal go

als for eliminating poverty, promoting prosperity and social well-being while protecting the environment.

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Telecom carriers, chipmakers and smartphone vendors

 in China are ready to commercialize 5G. China will directly grant 5G licenses, instead of the prev

ious plan to give several key cities interim 5G licenses, to better time the rollout,” said a source clo

sed to the telecom industry regulator who asked to remain anonymous because public statements are not authorized.

Michael Gao Wenhao, deputy general manager of the 5G industrial products line at ZTE, disclosed at a 5G conference in

Hong Kong on Thursday that “China is likely to start commercial use of 5G nationwide on Oct 1”.

He told China Daily that he got the information from the country’s major telecom operators.

China said earlier that it was considering a pre-commercial launch of 5G this year, follo

wed by large-scale commercialization in 2020. Miao Wei, minister of industry an

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ess. And the China-proposed Belt and Road Initiativ althoug

ugh criticized by much of the West, and the US in particular-could bring dramatic

improvements in physical and digital connectivity to Central Asia and parts of Africa.

Further advances in critical infrastructure will create important growth opportunities for developing countries via e-commerce, mobile paym

ents, and related financial services. The experience of China suggests that these digital platforms, and the ecosy

stems that develop around them, are powerful engines for incremental, highly inclusive growth.

China, of course, is a very large, homogenous market. If smaller, lower-income developing countries are to bene

fit from equally rapid inclusive growth, the digital platforms will have to be regional and international in scope.

Some are starting to emerge. Jumia, a Nigeria-based e-commerce

platform covering 14 African countries, recently went public on the New York Stock Exchange, am

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Quarterly earnings growth augurs well for A-share firms

Improved earnings of companies listed on mainland bourses during the first quarter of the year augur well for the full-ye

ar financial results and are an indication of the vitality the Chinese economy, analysts said.

During the January to March period, aggregate profits of A-share compan

ies topped 1 trillion yuan ($147.6 billion) and grew 9.4 percent year-on-year, reversing a fu

ll-year decline of 1.9 percent last year, data from Shanghai-based information provider Wind Info showed.

Meanwhile, aggregate return on equity (ROE)-a major gauge of

profitability-stood at 9.8 percent, intact from the whole-year of 2018.

“Given that the downtrend in economic growth had largely eased by the end of the first quarter, the aggregate ROE of A-shar

e companies has probably hit the bottom,” said Xu Gao, chief economist at Everbright Securities Asset Management Co Ltd.

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r kids’ footprints have been left on hundreds of desti

“Products that just scratch the surface, like simple tours of famous universities, have fallen out of favor with the market,” Zhang says.

Language training, NASA’s space camp, computer programming, homes

tays, wild animal care and desert and museum experiences are among the most popular options.

“Certain volunteering and public-welfare routes have seen a particularly fast increase in bookings,” Zhang says.

During the recent winter vacation in February, study-t

rip bookings surged by 80 percent compared with the same period of last year.

Domestic trips cost roughly 4,500 yuan ($663) per capita on ave

rage, while expenditures hit 21,000 yuan for outbound experiences, the agency reports.

Parents from Shanghai, Beijing and Guangdong province’s Guangz

hou and Shenzhen are the most willing to spend, according to Ctrip’s data.

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The industrial park sits on nearly 26 hectares of land in

Ballard County and has been set up to use the carp acquired by the fish center. Twelve tracts of land inside the park are for sale.

On opening day, eight tracts were already claimed, with most of the investors coming from China.

Jiang Chenguang, an internet businessman from the Guangxi

Zhuang autonomous region, launched the United Fisheries Group to process carp into fish balls

and fish cakes for export to China. Two Rivers Foods will process smoked fish, and has already shipped a smoker to the site.

A business called Lakeside City has been formed to process carp into salted fish, while

Eco Fish, which already existed, has hired fishermen to catch carp, process them and recycle waste into fertilizer.

Zhu Hongwei, a hotel and catering businessman from Jiangsu province, decided on the day the indus

trial park opened to buy one tract of land for food processing. “I will decide how to process the fish later,” Zhu said.

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