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mmittee of the National People’s Congress, said some US po
liticians have glorified violent crimes in Hong Kong as protests for human rights and freedom, wh澳门真人线上亚博担保网乌托邦
ile smearing as violent suppression Hong Kong police efforts at law enforcement and maintaining social order.
澳门真人线上亚博担保网乌托邦女神会所Move expected to energize Greater Bay Area, enrich practice of ‘one country, two systems’
China will support Shenzhen, adjacent to Hong Kong, in building a demonstration pi
lot zone for socialism with Chinese characteristics, under a guideline issued on Su澳门真人线上亚博担保网乌托邦
nday by the Central Committee of the Communist Party of China and the State Council.
It will help better develop the Guangdong-Hong Kon
澳门真人线上亚博担保网乌托邦g-Macao Greater Bay Area and enrich the practice of the “one country, two systems” principle, the gui
deline said, adding that it will be a good way to explore a new path in building a great modern socialist country in
an all-around way and providing strong support for realizing the Chinese dream of great national rejuvenation.澳门真人线上亚博担保网乌托邦女神会所
The guideline said that by 2025 Shenzhen will rank among the
top cities in the world in economic strength and quality of development, with inten澳门真人线上亚博担保网乌托邦
sive research and development investment and world-class industrial innovation capacity.
It will be built into a modern, international and innovative city by then, with its cultural power greatly enhanced and it澳门真人线上亚博担保网乌托邦女神会所
s public service level and ecological environment quality reaching an international advanced level, it said.
By 2035, Shenzhen will become a national model of high-quality develo
澳门真人线上亚博担保网乌托邦pment and a globally recognized center of innovation and entrepreneurship. It will become an exa
mple for China to build itself into a powerful modern socialist country, the guideline said.澳门真人线上亚博担保网乌托邦女神会所
By midcentury, Shenzhen will become a global benchmark city in
its competitiveness, innovation and outstanding influence, it added.
?mother from 7 years ago at a local hospital in Naidong county, Shannan, Tibet autonomous regio
?澳门真人线上亚博担保网乌托邦品茶微信n, on July 13, 2019. In 2012, she underwent heart surgery at Wuhan Asia Heart Hospital, which was a complete succ
Five-year-old Le Le and 18-month-old Meng Meng from the impoverished Jingyuan co?澳门真人线上亚博担保网乌托邦
unty, Guyuan, Northwest China’s Ningxia Hui autonomous region, also benefitted from the hospital’s program.
In April of this year, the younger sister Meng Meng was diagnosed?澳门真人线上亚博担保网乌托邦
with congenital heart disease in a medical examination organized by the hospital, afte
?澳门真人线上亚博担保网乌托邦品茶微信r her elder sister Le Le received a similar diagnosis in a kindergarten physical check-up not long ago.
A congenital heart surgery usually costs around 25,000 ($3,638) to 40,000 yuan ($5,821), which placed a?澳门真人线上亚博担保网乌托邦
tremendous amount of pressure on the family with six daughters, one working parent and over 60,000 yuan of debt.
?澳门真人线上亚博担保网乌托邦品茶微信After learning about the family’s financial difficulties, the expert team helped th
e girls apply for a special fund, which covers more than 80,000 yuan of the total medical expenses.
In mid May, the two sisters went to Wuhan with more than a dozen chi?澳门真人线上亚博担保网乌托邦品茶微信
ldren with congenital heart diseases in Ningxia Hui autonomous region. Tao and Wang Xia
o, deputy head of cardiothoracic surgery department, performed the surgery on the girls with success.
?澳门真人线上亚博担保网乌托邦Tao said “it is not difficult to do good deed. What’s challenging is to kee
p doing them and encourage people around you to participate in these activities.” He hopes?澳门真人线上亚博担保网乌托邦品茶微信
that Wuhan Asia Heart Hospital’s efforts will help cure more patients and make their dreams come true.
?澳门真人线上亚博担保网乌托邦Medical programs organized by Wuhan Asia Heart Hospital have provided heart operations for 40,000 children and teenag
ers from a number of regions including Guizhou province, Ningxia Hui autonomous region and Tibet
autonomous region since its establishment. A total of over 9,600 junior conge?澳门真人线上亚博担保网乌托邦品茶微信
nital heart disease patients who come from impoverished families have benefitted from free heart surgeries.
By the end of 2019, the hospital aims to see its 10,000th patient, whose life will be greatly improved by the heart surgery.
?from financially strapped families were subsidized for nearly 100 million times in 2018. Taking higher educa
tion as an example, subsidies were offered 43.88 million times last year, amounting to 115 billion yuan in total.澳门真人线上亚博担保网乌托邦
Zhao Jianjun, deputy director of the finance department of the Ministry of Education, said that the State Council has approved prog
澳门真人线上亚博担保网乌托邦品茶微信rams of scholarships in higher and secondary vocational education. The programs came into effect early this month.
The United States has launched a Section 301 investigation into the digital services tax of the澳门真人线上亚博担保网乌托邦
Government of France, the Office of the US Trade Representative (USTR) announced on Wednesday.
China took the second spot in the world’s top 10 richest countries, with priv澳门真人线上亚博担保网乌托邦品茶微信
ate wealth reaching $23.6 trillion in 2018, a 130 percent surge over the previous year, ac
cording to Global Wealth Migration Review 2019, published by the research company New World Wealth.澳门真人线上亚博担保网乌托邦
The US remains the world’s wealthiest country, with private wealth valued at $60.7 trillion in 2018.
澳门真人线上亚博担保网乌托邦品茶微信The report said the global private wealth jumped to $204 trillion in 2018, and the world’
s top 10 richest countries’ private wealth accounted for 74 percent of global private wealth.
Let’s take a look at the richest countries in the world.澳门真人线上亚博担保网乌托邦
“The United States is very concerned that the digital services tax which is expected to pass the French Senate tomorrow un
fairly targets American companies,” USTR Robert Lighthizer said in a statement.
澳门真人线上亚博担保网乌托邦品茶微信”The President has directed that we investigate the effects of this legislation and determine whether it is discr
iminatory or unreasonable and burdens or restricts United States commerce,” Lighthizer said.
According to the USTR’s Office, France’s proposed 3 percent tax woul澳门真人线上亚博担保网乌托邦品茶微信
d hit global tech companies with total annual revenues from the covered digital se
rvices of at least 750 million euros (844 million US dollars) globally and 25 million euros in France.澳门真人线上亚博担保网乌托邦品茶微信
“The structure of the proposed new tax as well as statements by officials suggest that France i
s unfairly targeting the tax at certain US-based technology companies,” the USTR’s Office claimed.
Herd instinct is the human nature to follow the crowd and act collectively – and market expectation always does not change smoothly but t
澳门真人线上亚博担保网乌托邦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澳门真人线上亚博担保网乌托邦
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澳门真人线上亚博担保网乌托邦
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.澳门真人线上亚博担保网乌托邦
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.
澳门真人线上亚博担保网乌托邦品茶微信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.澳门真人线上亚博担保网乌托邦品茶微信
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澳门真人线上亚博担保网乌托邦品茶微信
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澳门真人线上亚博担保网乌托邦品茶微信
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.
ted trash was collected over the region’s spring climbing season. In 2019, 8.21 metric tons of various d
omestic waste and 2.46 metric tons of sanitary sewage was collected after the mountaineering season,” said Tashi Gyatso.
According to Nyima Tsering, 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, for training mountaineeri
ng talent,” said Tsering, vice-chairman of the China Mountaineering Association. “Teams from
the school have performed 29 high-altitude rescues in recent decades, and have set the rescue record above 8,500 meters.”