China launches first ro上海乌托邦ace from platform a

hina carried out the country’s first seaborne space launch on Wednesday, from a platf

orm in its territorial waters in the Yellow Sea, opening a new chapter in its space industry.上海乌托邦女神会所

A Long March 11 solid-propellant carrier rocket blasted off at 12:06 pm fr

上海乌托邦om a mobile launch platform — a modified submersible craft — in the Yellow Sea off the e

astern province of Shandong and then sent seven satellites into orbit about 600 kilometers above the Earth.

The mission — the first seaborne space launch in the world in five years — showcased China’s mastery of上海乌托邦

the technologies and capabilities required for

上海乌托邦女神会所such operations and indicates the country has found an alternative to its ground-based launch centers.

China is striving to expand its launch service portfolio and promote its carrier roc

kets to more countries, especially those wishing to have their own affordable satellite networks.上海乌托邦

A government draft released Friday said that children under six years old can take public transpor

t for free and those aged between six and 14 can avail of half-price tickets when presenting valid ID cards.

上海乌托邦The draft was jointly released by the Ministry of Transport and Na女神会所

tional Development and Reform Commission and is now open for public comments.

Height rather than age is the current determinant for deciding who can avail of cut-price or free tickets.上海乌托邦

Children whose height is below 120 centimeters can get fre

e tickets, while those between 120 and 150 centimeters can buy children’s tickets.

上海乌托邦女神会所Children taller than 150 centimeters are required to buy adult tickets under current policy.

As youngsters now tend to grows taller than their age, the current st

andards are believed to be unfair and there have been calls for overhauling the policy.上海乌托邦女神会所

The draft also highlighted that children who get free tickets should take up no more than 10 percent of buses’ passenger capacity.

The new policy will not be applicable to buses with nine seats or fewer

shadoujiazu.com.cn

The US’ policy to contain 上海乌托邦evident in the way

 it has hyped up the problems in Xinjiang. Some American people and organizations have openly suppor

ted the separatist “East Turkistan Islamic Movement” in China through political and financial hel 上海乌托邦品茶微信

p, and by disseminating its separatist ideas through publicity and diplomatic channels in the disguise of human rights an

 上海乌托邦d freedom. No wonder they call white black and assume the measures China has taken in Xinjiang to fight terrorism, se

paratism and extremism and improve public welfare are human rights violations.

President Xi Jinping and his US counterpart Donald Trump may have agreed at the G20 summit in Osaka to resu 上海乌托邦品茶微信

me trade negotiations, but the path to ending the trade war remains far from clear. After all, the two leaders had rea

ched a similar agreement at the G20 summit in Buenos Aires in December 2018 and that agreement ultimately fail

 上海乌托邦ed, not least because the United States administration mistook China’s conciliatory attitude for weakness.

Whether the US administration makes the same mistake this time remains to be seen. In any case, it is worth considering how t 上海乌托邦品茶微信

he trade war might unfold over the coming months and years – and what China can do to protect itself.

US has not withdrawn tariffs it imposed earlier

 上海乌托邦Import tariffs may, for the foreseeable future, remain steady – neither es

calating nor being rolled back. The agreement in Osaka kept the US administration from foll

owing through on its threat to impose additional tariffs on $300 billion worth of Chinese goods. But it did nothing to re 上海乌托邦品茶微信

verse past measures, such as the 15-percentage-point tariff hike, to 25 percent on $200 billion worth of Chinese p

roducts that the US implemented after the 11th round of talks broke down in May. 上海乌托邦

While these tariffs have not yet had serious consequenc

 上海乌托邦品茶微信es for China’s economy, their effects are likely to deepen over time. But China may succeed in per

suading the US to remove them – or, at least, not raise them further – if it refrains from retaliating with tariffs of its own 上海乌托邦

on US goods. Instead, China should focus on reducing its bilateral trade surplus with the US on its own terms. It is incr

easingly clear that the US tariffs have done more damage to American businesses and consumers than to China’s. 上海乌托邦品茶微信

The US wants to create among Belt and Road partner countries doubt

s about the situation in Xinjiang, which is a core region on the Silk Road Economic Belt, and

thus dissuade them from participating in the Belt and Road Initiative.

Some American politicians and media will continue to proclaim

the US as the judge of the world and infringe upon other countries’ sovereignty. They are also ex

pected to hype up the Tibet issue and Taiwan question, even the Hong Kong issue. In fact, their involvement in the

recent protests against the amendments to Hong Kong’s extradition laws is cl

ear. But as a Uygur saying goes, camels march on as usual even when dogs bark furiously.

aishedesc.com

Base on the internationa上海乌托邦the State Intellectu

Property Operation Public Service Platform (SIPOP) in Sha

nghai, the city plans to gather and integrate intellectual proper

ty resources such as transactions and services, gradually promoting their integration in the Yangtze River Delta region.上海乌托邦

The pilot (Shanghai) platform for the international operation of SIPOP successfully passed review by the Na

tional Intellectual Property Administration on April 22 and became operational.

上海乌托邦The Shanghai municipal government issued 100 guidelines for further o

pening up of Shanghai in 2018, and raised the goal of accelerating the construction of high

-standard intellectual property rights (IPR) protection highlands. Shanghai’s intellectual property ma上海乌托邦品茶微信

nagement level has been significantly improved through a series of revision and publishing of policies and r

上海乌托邦egulations, according to Rui Wenbiao, director of the Shanghai Intellectual Property Administration.

The Shanghai Intellectual Property Administration revised the pat

ent subsidy policy of Shanghai in 2018, and increased support for high-quality p上海乌托邦品茶微信

atents and international patent applications. The Shanghai Administration for Industry and C

上海乌托邦ommerce issued a series of guidelines and set up an office for overseas rights protection of Shanghai trademarks, to h

elp Shanghai brands accelerate their overseas development and raise their level of internationalization.上海乌托邦品茶微信

The expert group of the World Intellectual Property Organization gave a high appraisal of the achievements and pro

gress of intellectual property work in China and Shanghai in the past 10 years after inspection and evaluation.

上海乌托邦品茶微信The next steps are to improve the intellectual property evaluati

on system, promote intellectual property financial product innovation, establish m

echanisms of financing risk compensation and sharing for the intellectual property pledge and expand t上海乌托邦

he financing channels of intellectual property for small and medium enterprises.

In addition, Shanghai will upgrade the service level of the national intellectual property protection center and strive to esta上海乌托邦品茶微信

blish a city-wide service system for quick authorization and rapid rights confirmation and maintenance. It will al

so give full play to the role of the office of Shanghai trademark overseas rights protection, and improve the risk pr

evention and control ability for overseas intellectual property rights of innovative subjects.

chaohujinghui.cn

Upgraded bilateral project上海乌托邦portant role in bay area

The Sino-Singapore Guangzhou Knowledge City is getting

bolder in its reforms and experimentation, following an official upgrade centering on its ambitio上海乌托邦女神会所

ns to be a world-class knowledge city, an outstanding source of innovation in the region and a global talent magnet.

According to a framework agreement signed by the Chinese and Singaporean governments on Mo上海乌托邦

nday, the iconic Sino-Singaporean collaboration project based in Guangzhou, capital of South China’s

上海乌托邦Guangdong province, was officially elevated to the status of a State-level bilateral project.

Both governments pledged in the agreement that they will use the project to deepen coopera上海乌托邦

tion in the fields of technological innovation, advanced manufacturing, artificial intelligence, int

上海乌托邦女神会所ellectual property protection, smart city construction and urban management.

According to official figures, 1,216 companies have registered with SSGKC since 2010, with an

aggregate registered capital of 125.8 billion yuan ($18.1 billion) and about 91 billion yuan in fixed assets.上海乌托邦

Industry insiders said companies registered with SSGKC, especially those in the sector of biomedic

ines – including General Electric, BeiGene and Innocare – will see explosive growth once they are p上海乌托邦女神会所

ut into operation in the next two years and will make the community a global rising star in its field.

上海乌托邦Shortly after the agreement, the Guangzhou government said in a press release that as a model for a city’s

knowledge economy, SSGKC will undertake more innovative reforms and measures to make itself Guangzhou’s top in

vestment destination for global enterprises and an ideal place for them to develop.上海乌托邦女神会所

Companies in the knowledge city will also enjoy incentive policies that the c

ountry has gradually rolled out for the pilot free trade zones and will work together to cre

ate a model for the integration of advanced manufacturing with free trade, according to the local government.

The knowledge city is seeking approval from higher-level authorities

to launch 18 innovation policies, across the fields of intellectual property, financial services, foo

d and medicine supervision, and for the construction of key platforms, the press release said.

www.funhorsy.com

During Li’s visit to Jap上海乌托邦o sides signed docum

ents in areas 上海乌托邦such as cultural exchanges, medical care and public health, service trade, third-party mark

上海乌托邦女神会所et cooperation and building sea and air communication mechanisms, some of which have already yielded results.

And when Abe visited China, 12 cooperation documents-two agreements and 10

memorandums of understanding-and 52 documents on the Belt and Road Initiative were signed between the two governments, and companies and or上海乌托邦

ganizations from either side. These documents and cooperation projects on infrastructure facilities, logistics, inf

ormation technology and finance have laid the basis for upgrading China-Japan relations in the new era.上海乌托邦

However, to develop Sino-Japanese relations in a way that meet the requ

irements of the new era, some principles and guidelines have to be followed.

上海乌托邦Politically, the two sides should abide by the principles enshrined in the four political doc

uments inked by the two governments, and ensure the two sides are cooperation partners, not a threat to ea

ch other. Exchanges and coordination at all levels, particularly those between the leaders, should be strengthened to de上海乌托邦女神会所

epen mutual trust and help Sino-Japanese ties to evolve on a friendly and cooperative track.

On the economic front, the two sides should deepen cooperat

ion in investment, third-party markets, technology and innovation so as to boost mu上海乌托邦女神会所

tual economic growth and promote regional economic integration, including accelerating the regional economic coop

eration negotiation process, encouraging enterprises to increase investments in each other’s country and bu上海乌托邦女神会所

ild a fair, nondiscriminatory and predictable business environment for companies from both sides.

The cultural bonds between the two countries need to be further strengthened. And the two sides should expedite t

heir efforts to promote youth exchanges and people-to-people engagement in order to deepen mutual un

derstanding. It is good to see that the two governments have decided to take the 2019 China-Japan Youth Exchange Pro

motion Year as an opportunity to initiate senior-level cultural exchanges to bring the two peoples closer.

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Expectation of Fed ra上海乌托邦s an over-reaction

Herd instinct is the human nature to follow the crowd and act collectively – and market expectation always does not change smoothly but t

上海乌托邦ends to over-react to new information. The current market expectation of the US Federal Reserve’s rate cuts is a case in point.

On June 20, the latest meeting of the Fed’s policy-setting Federal Open Market Committee shrugged off the market’s high expectation of rate cuts and gave no clear policy signal confirming a cut.

We believe the market had overreacted in forming its expectation of rate cuts after the Fed swiftly adopted a dovish tone from the end of last上海乌托邦

year. Specifically, we believe market expectation – it has formed since May – of a change in policy stance, as well as the timing and degree of rate cuts, may not fully materialize.

We will elaborate on this now. It should be noted the misconceived expectation of Fed rate cuts could ind上海乌托邦

uce a drastic reversal in investor sentiment and asset price fluctuations, if the Fed’s moves miss expectation.

Firstly, the market may have overestimated the degree of the Fed’s policy stance change. A clear rate cut signal may not emerge until the end of this month.上海乌托邦

According to Bloomberg, the Fed funds futures market has recently priced in a 98.5-percent chance that the Fed will lower rates at least once this year.

上海乌托邦品茶微信However, the Fed’s earlier forward guidance only indicated the end of monetary policy n

ormalization, which does not necessarily point to the beginning of a rate cut cycle. Also, the Fed h

as removed the word “patient” from the latest FOMC meeting statement but did not confirm a rate-cut stance.

We believe that because of the following two reasons, the Fed is still on cautious lookout, and t

here will not be any clear rate cut signal or plan until the next FOMC meeting at the end of this month.上海乌托邦品茶微信

Externally, the Fed is expected to stand pat until trade dispute uncertainties ease, to give itself an advantage in its game with the US Administration.

The Fed would put itself in an unfavorable position if it initiated a rate cut before majo上海乌托邦品茶微信

r uncertainties over the China-US trade dispute are removed, because the pre-emptive move may enc

ourage the US Administration to escalate the trade dispute, which will in turn pose a dilemma to the Fed.

That’s because any escalation in trade tensions will, on the one hand, d

ssipate and even offset the easing boost from rate cuts and force the Fed to accelerate the上海乌托邦品茶微信

rate cut pace. On the other hand, the escalation could further fuel imported inflation, which will significantly reduce the

Fed’s room for rate cuts. The Fed will then face a policy-making dilemma of whether to further cut rates.

www.shejio.org

i said he wants to use t上海乌托邦女神会所 along with K

Kim and other com上海乌托邦女神会所rades from the DPRK to map out plans for bilateral coope

ration, writing a new chapter in the traditional friendship between the two countries.

Xi added that he and Kim are confident about and capable of bringing bil

ateral ties to a stage of new development in the new era to deliver more benefits to the peo

ple from both countries and promote peace, stability and prosperity in the region and the world.

Editor’s Note: President Xi Jinping will pay a two-day visit to the De

mocratic People’s Republic of Korea from Thursday. How should we evaluate the sign

ificance of the visit? Two experts share their views with China Daily’s Pan Yixuan. Excerpts follow:

DPRK not bargaining chip in talks with US

Some argue that China wants to play the “DPRK card” at President Xi’s e

xpected meeting with US President Donald Trump on the sidelines of the G20 su

mmit scheduled for June 28-29 in Japan. Their argument could not be more wrong.

www.lgcrm.cn

On a month-on-month basis, new home prices in Dalia

 and Nanning 上海乌托邦女神会所rose 0.7 percent and 0.9 percent, respectively. On a year-on-

year basis, new house prices in these cities grew 13.2 percent and 11.5 percent, respectively.

Although excluded from the 70 major Chinese cities surveyed by the

National Bureau of Statistics, Foshan and Suzhou also saw a surge in home prices in April.

There are signs that the central government will not change its resolution to control house p

rices, Zhang said, adding that in the future the real estate market will continue to crack down on speculation.

On May 11, Suzhou tightened housing policies further, China Daily earlier reported. The dow

n payment ratio for a family’s first home purchase has been raised from 20 percent to 30 percent.

Newly built property in certain parts of the city cannot be traded for a three

-year period after purchase, and for five years in the case of pre-owned property.

qiancengdian.cn

Students to be vital cogs in travel sectordents born betwe

College students born between 1995 and 2000 are becoming a vital new part of the dynamic travel market in China, with most of th

e young students making their first summer trips after enrolling in colleges, a new study said.

Though the motivation for making tours is relatively high among college students, their choices are

limited due to economic constraints with price being the major criteria for booking flight tickets, said the stud

y conducted by Qunar, an online travel firm owned by Ctrip, China’s largest online travel agency.

During summer vacations, students tend to choose flights that depart b

tween midnight and 2 am, as well as between 5 am and 9 am. The number of bookings of red-e

ye and budget flights is nearly three times higher than other regular flights, the Qunar study said.

sjhtjn.cn

In 2018 alone, 8.5 metric tons of mountaineering-rela

ated trash was collected over the region’s spring climbing season. In 2019, 8.21 metric tons of various domestic waste and 2.46

metric tons of sanitary sewage was collected after the mountaineering season,” said Tashi Gyatso.

According to Nyima Tseringa, the head of the region’s sport

bureau, the Tibet Mountaineering Guide School has been playing an important role in mountain rescue.

“Founded in 1999, it is world’s second and China’s first such school, fo

r training mountaineering talent,” said Tsering, vice-chairman of the China Mou

ntaineering Association. “Teams from the school have performed 29 high-altitude

rescues in recent decades, and have set the rescue record above 8,500 meters.”

www.qe78w.cn