hinese consumers to drive future global growth

One of Britain’s leading economists said Chinese consumer 上海品茶微信s will be the driving force of future global economic growth.

Jim O’Neill, chair of the international think tank Chatham House and former chief econom

i 上海品茶微信st at Goldman Sachs, made the remarks in a speech on Wednesday at the celebration of the 70th anniversary of th

e founding of the People’s Republic of China and the second China-UK Economic and Trade Forum in London.

“What happens to the Chinese consumers is more important to China’s future,” O’Neill said.

“If China continues with 8 percent nominal GDP gr 上海品茶微信owth, which I believe is 5 percent real (GDP growth), and 3 percent pri

ces (meaning inflation), and if the Chinese consumers become the 50 percent of that total, the change from the next

year to the next decade is somewhere between $11 to $12 trillion, which is equivalent to create another China,” he said.上海品茶微信

O’Neill i 上海品茶微信s known for coining the term BRIC, the group term for Brazil, Russia, India and China, in 2001, to describe the four rapidly-developing nations that symbolized the shifting balance in the global economy.

South Africa was added to the group nine years later, making it BRICS.

“China remains the only one of the BRICS countries that aft上海品茶微信er 17 years has actually done exactly what we had expected it would achieve,” he said.

His opinion is that the ongoing trade dispute with the Un

ited States is not the most important challenge the country currently faces.

To continue its success, O’Neill said, China ne

上海品茶微信女神会所eds to address aspects of its aging population, which is a key contr

ibutor to the economic growth slowdown, and tackle environmental issues and population control in urban areas.

O’Neill is a former British commercial secretary to the Treasury. He said the Belt and Road Initiative, or BRI, initiated six ye

ars ago, will play a “hugely important” role in global trade, which has been buffeted by rising protectionism and unilateralism.

The BRI aims to build the Silk Road Economic Belt and the 21st Century Maritime Silk Road and deliver policies, infra

structure, trade, financial and people-to-people c上海品茶微信女神会所onnectivity via a new platform for a brighter future.

“If it can be implemented collectively, it can transform the trade pattern in Asia, p

articularly between China and India, two of the major BRICS countries,” he added.

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summit in Hangzho上海品茶微信女神会所 province, in 2016 wh

ere it contributed上海品茶微信女神会所 Chinese wisdom and Chinese solutions to global economic governance, Xiong said.Governance reform

China supports highly professional, representative and influential international organiza

tions such as the International Monetary Fund, the World Bank and the WTO, as they are important pil

lars of the world’s economic stability and development, he said, and also supports their efforts to reform their go

vernance structures and improve their capabilities to play a more positive role in the global economy.

Olav Kjorven, chief strategy officer at EAT, an NGO based in Stockholm that advocates a fair, healthy

and sustainable global food system, warned that alarm bells are now ringing loudly on behalf of planet Earth.

“We are rapidly running out of time to secure a safe future for humanity; we have a climate crisis o

n our hands, and we have entered an era of mass extinction of species with grave consequences for humanity,” he said.

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After its 18th National上海品茶微信女神会所ctivities were undert

ertaken to brin上海品茶微信女神会所g the Party closer to the people and officials were urged to maintain discipline and moral integrity.

The Party also required its members to have a solid understanding of the Party’s Constitution,

Party regulations and major policy addresses, as well as to adhere to Party standards of behavior.

All the measures aim to help the CPC curb undesirable practices such as complacency, formality and bureaucracy.

He Yiting, vice-president of the Party School of the CPC Central C

ommittee, said the courage to carry out self-reform is a big advantage of the CPC.

“It is easier to launch a revolution against others than against oneself,” he said.

During the group study session, Xi also urged Party members and le

ading officials to keep studying and improve themselves, strengthen innovation in theo

ry, practice and culture, and enhance political integrity so as to comprehensively improve governance ability.

www.youhuileyuan.cn

After its 18th National上海品茶微信女神会所ctivities were undert

ertaken to brin上海品茶微信女神会所g the Party closer to the people and officials were urged to maintain discipline and moral integrity.

The Party also required its members to have a solid understanding of the Party’s Constitution,

Party regulations and major policy addresses, as well as to adhere to Party standards of behavior.

All the measures aim to help the CPC curb undesirable practices such as complacency, formality and bureaucracy.

He Yiting, vice-president of the Party School of the CPC Central C

ommittee, said the courage to carry out self-reform is a big advantage of the CPC.

“It is easier to launch a revolution against others than against oneself,” he said.

During the group study session, Xi also urged Party members and le

ading officials to keep studying and improve themselves, strengthen innovation in theo

ry, practice and culture, and enhance political integrity so as to comprehensively improve governance ability.

www.youhuileyuan.cn

the world’s largest 上海品茶微信女神会所 and opened to the

The “Shandong上海品茶微信女神会所 Day” event at the International Horticultural Exhibition in Beijing starts on June 20. iqilu.com]The opening ceremony for the “Shan

dong Day” event is held on June 20 at the ongoing International Horticultural Exhibition in Beijinbroad attend

the opening ceremony of the “Shandong Day” event, which offers an effective platform to showcase the pro

vince’s beautiful landscapes and rich culture to the whole world. qilu.comPerformers from Shandong prov

ince stage the province’s unique dances and songs at the opening ceremony of the “Shandong Day” event in Beij

inilu.com]Folk artists from Shandong province showcase the province’s traditional handicrafts at the “Sha

ndong Day” event during the ongoing International Horticultural Exhibition in Beijing. qilu.com]Artists fr

om Shandong province stage traditional Chinese folk music performance at the Shandong Garden to ce

lebrate the “Shandong Day” event of the International Horticultural Exhibition in Bei

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Zhang looked “distress上海品茶微信女神会所ed heid Christe

Christensen, add上海品茶微信女神会所ing that she spoke “broken English”, said she was la

te to some place and had a meeting with her professor. He said he then offered her a ride.

Stiverson, however, pointed out later in the session that she Googled the address of One North — the apartment that she pla

nned to sign a lease on that afternoon — one minute after she got into Christensen’s car.

Christensen repeatedly claimed that he let Zhang get out of his car after she “freaked out” when

he made a wrong turn, saying, “I don’t want to keep someone I barely know in my car.”

He admitted during the questioning that he was attracted to Zhang “a reasonable amount”.

Both Manganaro and Stiverson pointed out that based on what they knew, she “didn’t get out” of his car.

fyace.org

One of the purposes of China opening up its capital acco

ount is to effect上海品茶微信女神会所ively use international resources, improve Chinese enter-prises’ co

mpetitiveness in the global markets, adjust its economic structure and change its economic d

evelopment model from quantitative growth to innovation-led qualitative development.

Supply-side structural reform key to progress

China should also deepen its financial system reform and accelerate the opening up of its capital account, because only

by deepening the financial sector’s supply-side structural reform can it improve its financial services en

vironment, meet the financing needs of its real economy, and become a leader in the global financial sector.

Since the yuan’s internationalization is an irreversible trend, China should take meas

ures to make the yuan a major international currency, expand its international influence. On the

hebeishengxin.cn

Schools must provide more opportunities for students exp

experience tr上海品茶微信ansformative technologies. Only then will they be able to tackle the challenges of the ‘Intelligent Age’.”

A futuristic vibe permeates the entire campus. One can witness Xi

aoyi, a teaching aid program, answer students’ questions, while Xiaohuang, a self-dr

iving cart, delivers packages to teachers, and Wukong, a service robot, attends to visitors’ needs.

AI has also been integrated into 36 classes, from classical Chinese literature to biology. Li said the classes are meant to s

toke the students’ curiosity and familiarize them with AI technologies and equipment.

The school also provides intermediate classes on programming languages and web

and上海品茶微信 app design, and advanced lessons in robotics and self-driving technology.

Song Yan, director of the school’s information center, said there a

re plans to have 30 percent of students take part in AI-related courses.

“We want our students and teachers to have ample time to freely explore and innovate with AI,” he said.

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employment market, based on big data of online recruit

 this year was 1.68, down from 1.91 in the first quarter of 2018. Although the figure was above 1, the balance line, it was the first decline since the beginning of 2018.

About 8.34 million new college graduates and 2 million migrant workers are expected to enter the job market this year. Added to the list of job seekers woul

d be those who lose their jobs because of the industrial structural transformation and special type of job see

kers such as veterans. This means at least 12 million urban jobs have to be created this year.

Still, the employment pressure this year is not overbearing for two re

asons. First, the number of job seekers has not increased considerably from last year.

In fact, the number and ratio of China’s working-age people have both d

eclined for the seventh consecutive year. Over the past seven years, China’s working-age

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China is the world’s largest producer of rare earths, acco

counting for about 80 percent of global supply. However, the country’s rare-earth industry is faced with such pro

blems as rapidly decreasing inventory, inefficient production and environmental pollution.

Analysts also said that the low prices of China’s exports have failed to reflect the real value of the precious resource.

The division of labor of the global rare-earth industry should be coo

rdinated in accordance with the principle of opening-up and sharing, the NDRC said.

While the country prioritizes the domestic use of rare-earth meta

ls, it is willing to see its exports help drive the development of global industries, it said.

www.gzbbcl.com