hina should aim to be5元5包微信红包接龙群夜网品茶微信ortant player in

conveying cultu5元5包微信红包接龙群夜网品茶微信ral values in the global film market in fu

ture, he adds, but for now it should focus on cultivating talent and polishing stories.

Ren Zhonglun, chairman of the Shanghai Film Group, says the slowdown

could also become a turning point to rebuild a better future for the local film industry.

“The slowdown will make us think more about how to shape Chinese ci

nema’s own style and appeal, instead of hurrying up to catch up with the United States,” says Ren.

“Movies are always about people and their stories. I believe a good film, no matter

what genre it falls in, should be thought-provoking and artistically creative,” he adds.

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government’s decisio5元5包微信红包接龙群夜网女神会所d it hopes th

e government wil5元5包微信红包接龙群夜网女神会所l thoroughly explain the bill to different sectors and listen

to their opinions. It also urged communities not to use violent or radical means to express views.

The proposed amendments to the Fugitive Offenders Ordina

nce and the Mutual Legal Assistance in Criminal Matters Ordinance were scheduled to be disc

ussed at a full Legislative Council meeting for a second reading on Wednesday.

The meeting had to be canceled after a protest against the amendment

s brought the city’s main administrative and business areas to a standstill. If passed, the ame

ndments will enable the HKSAR to surrender fugitive offenders on a case-by-case basis to jurisdictions that curr

ently have no long-term agreements with Hong Kong, including the Chinese mainland, Macao and Taiwan.

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Besides, it should try to reform the exchange rate system

and enhance th5元5包微信红包接龙群夜网女神会所e yuan’s exchange rate flexibility, so as to promote its internationalization and minimize the impact of the US’ monetary policy adjustme

nts on the Chinese economy. China’s monetary policymakers should use flexible policy tools, pay attention to the cha

nging trend of such economic variables as price levels, exchange rates and long-term interest rates, and take me

asures to offset the spillover effects caused by US monetary policy adjustments.

Qualitative growth can tamp up economic base

China also has to build a modern industrial system and transform its econom

ic growth model to tamp up its economic foundation. It should create a policy environment that would prompt the fin

ancial sector to better serve the real economy and more effectively prevent economic and financial risks.

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The meeting highlighted the importance of strengthen

?innovative capabilities as well as opening-up and cooperation in this regard, and called for improving the services and

environment for opening-up and cooperation so that development is promoted through opening-up, inn

ovation is advanced through reforms and win-win results are achieved through cooperation, it said.

Tough and newly emerging problems should be resolved through deepening reforms, the statement said, adding that the

capability of dealing with challenges and preventing risks should be intensified.

The meeting required Shanxi province, a coal-abundant area in North Ch

ina, to conduct pilot reforms in its energy industry and take the lead in the whole cou

ntry in areas such as promoting clean and low-carbon energy use and enhancing innovatio

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nd information technology, had confirmed at the Boao Fo

oao Forum for Asia, that China will grant 5G licenses this year, but didn’t disclose a specific date.

“5G, industrial internet and the internet of vehicles are among the country’s top development priorities

in the telecommunications industry,” Zhang Feng, chief engineer of the Ministry of Industry and Information Technology, sa

id on Friday during the World Telecommunication and Information Society Day.

Zhang called for accelerated efforts to set standards in key areas, including 5G, to expedite the com

mercialization of this forefront technology and bolster the nation’s core competitiveness.

Major Chinese smartphone maker Huawei Technologies Co has already unveiled its first 5G chip and first 5G fold

able smartphone, the Mate X, which is expected to hit the market in June, despite challenges involving the United States.

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Conflict also disrupts growth. Although many conflic

icts appear to have a religious or ethnic basis, some scholars believe their root cause may be economic, with ethnic divisio

s serving as a way to exclude other groups from access to scarce resources and opportunities. Whatever its so

urce, inequality of opportunity has a highly disruptive effect on governance and hence growth.

But these obstacles are not insurmountable. For one th

ing, developing countries now have huge potential export markets in middle-inc

ome countries, and no longer depend entirely on advanced economies for access to global markets.

Belt and Road can play vital development role

There is also a renewed awareness of the importance of infrastructure in e

nabling growth. In addition to roads, railways and ports, electricity and digital conn

ectivity are crucial. In this regard, the rapid expansion of cellular wireless technology, combined with the install

ation of high-capacity undersea broadband pipes around Africa, represents major prog

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Trade agreements can affect the types of goods being

traded and they can redirect trade toward one country, away

from others. They cannot directly affect any country’s worldwide current account balance. A count

ry that saves less than it invests will have to borrow foreign funds to import foreign goods to make up that difference.

There are two ways to reduce the US trade deficit. A serious recession would reduce investme

nt, but nobody advocates that as a strategy. The only other path is to change the US financial and gove

rnment system to encourage increased savings. China has almost nothing to do with it.

Ironically, the disputes between the US and China center around both nations’ legitimate desires to

protect some current low-skilled jobs, or at least to allow an easier transition to new jobs and industries.

US administration’s economic policy has rightly focused on the need to

retain jobs for working-class people in the US. And, China’s companies that export to the U

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Currently, 13 countries have been involved in the proje

roject, including Russia, Egypt and Algeria, and 17 domestic research teams, including on

e from University of Science and Technology of China, have started research on the site, Zheng noted.

The site will “offer research teams with observation equipmen

t, support for outdoor observation and data sharing services”, he said.

Wu Zhongliang, director of the administra

tion’s Institute of Earthquake Forecasting, said the experimental site will help for

m a “united front” at the national and international level to work on earthquake forecasting.

Referring to earthquake forecasting as a hard nut to crack, Wu said the work can

not see marked progress just in a few days, but forecasting capability will be improved a

s technology develops. “If it’s a war between humans and earthquakes, it’s us that will finally win,” he said

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The Belt and Road Initiative, which originated in C

?China but belongs to the world, has become an open and inclusive platform for international cooperation and a well-recog

nized global public good thanks to the concerted efforts of the parties involved, Xi said.

Calling think tanks significant forces for Belt and Road constructi

on, the president said developing think tank exchanges and cooperation helps deepen mu

tual trust, unite consensus and promote the BRI to achieve high-level development.

He expressed the hope that the think tank network would develop in-depth academic exchanges to promote solid coope

ration under the BRI and contribute to the building of a community with a shared future for mankind.

Also on Wednesday, a ceremony to mark the release of the English and French editions

of a compilation of remarks by Xi on the Belt and Road was held in Beijing by the State Council Information Office.

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hinese Navy to send huge fleet to take part in sea parade

Qiu Yanpeng (middle), deputy commander of the PLA Navy, attends a press confer

ence for the upcoming multinational naval activity to mark the 70th anniversary of the People’s Liber

ation Army Navy at the press center in Huanghai Hotel in Qingdao, Shandong province, Ap

ril 20, 2019. About 200 journalists from home and abroad attended the press conference.Chinese Navy

will send 32 warships and 39 aircraft to take part in a joint sea parade in waters near Qingdao.

Nearly 20 ships from about 10 countries will participate in t

he sea parade on Tuesday, deputy commander of the PLA Navy Qiu Yanpeng said.

A Singapore Navy frigate arrived on Friday in Qingdao, Shan

dong province, becoming the first foreign warship to arri

ve ahead of a grand event to honor the 70th birthday of the People’s Liberation Army Navy.

The PLA Navy will hold multinational naval activities in Qingdao and nearby waters from

Monday to Thursday to celebrate its founding anniversary. They will include a joint sea parade, high-level sympo

siums, public tours of ships, military music performances and other cultural exchanges.

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