Nowadays, when I a上海品茶微信usiness meeting

on’t even bring clothes. I would simply have the rental platform deliver the garments to my hotel befo

re the trip. I’d then return them without having to go through all the hassle of doing laundry,” she says.上海品茶微信女神会所

“I think women just need different clothes instead of new clothes. I don’t need a closet that is larger than necessary to p

上海品茶微信rove myself. My professional achievements are my most glittering accessories,” she adds.

She is so proud of adopting this approach that she openly admits to her friends that she rents cloth

es instead of buying them. She has even recommended clothing rental services to many of her peers.上海品茶微信女神会所

Consumers like Shen, who are open to renting fashion items, are driving the sharing econo

上海品茶微信my within the fashion industry, which has been slow to jump on the bandwagon, says Clement Tang, CEO of Le To

e China, an online clothing rental company that originated in San Francisco in 2012.

According to the State Information Center, China’s sharing economy was worth 2.94 trilli上海品茶微信女神会所

on yuan by 2018, an increase of 41 percent year-on-year, and more than 760 mill

ion Chinese-over half the country’s population-have paid for shared services or products.

上海品茶微信The center also estimated that the annual growth rate in the sharing economy in China would remain steady at around 30 percent over the next three years.

A consumer survey by consultancy firm Mintel found that transportation remains the most popular上海品茶微信女神会所

segment in the sharing economy. Among the 3,000 consumers polled by the consultancy, 91 percent said the

y have paid to share car rides or bicycles. In contrast, clothing is the second least popular category, above mothe上海品茶微信

r care and baby products, with only 9 percent of the interviewees saying they pay for such services.

Rachel Botsman, the author of What’s Mine is Yours: The Rise of Collaborative Consumption, noted in o上海品茶微信女神会所

ne of her TED talks that the rise of the sharing economy in other fields has provided a basis for the deva

luation of ownership in fashion, where there has long been “a stigma behind rental”.上海品茶微信

According to its website, TED is “a nonpartisan nonprofit (organi

zation) devoted to spreading ideas, usually in the form of short, powerful talks”.上海品茶微信女神会所

“Clothing rental could be the next big revolution for the fashion industry, after the rise of fast fashion and e-commerce,” says Tang.

stgongchen.cn

The buddy program a上海品茶微信te study and cultural

exchanges between international and Chinese students, the statement said. Students who joi

n the program carry out activities in teams and students are required to strictly obey its regulations.上海品茶微信

The program, which matches students with common interests and hobbi

es, has been welcomed by both domestic and foreign students, the university said.

上海品茶微信女神会所”The program is actually a win-win situation for both parties. It’s the best opportunity for learning about new lang

uages and cultures,” Mohammad Rasheduzzaman, a student from Bangladesh studying at the university, said.

A temporary regulation published by the school’s international affairs上海品茶微信

office in 2016 shows the longest time a student can join the program is one year.

After that the student has to present a written application to continue in the program.

上海品茶微信女神会所A nationwide wave of arrests of immigrants facing deporta

tion will commence over the weekend, US President Donald Trump said on Friday, confi

rming that the plan, intended to discourage a surge of Central American migrants, was on track after a delay.

The operation is expected to target hundreds of families in 10 cities that have recentl上海品茶微信女神会所

y been ordered deported by an immigration court but have not yet left the country.

上海品茶微信Trump revealed the operation on Twitter last month and then

postponed it. It is unusual for the government to announce deportation operations ahead of time.

“People are coming into this country illegally, we are taking them out legally,” Trump tol上海品茶微信女神会所

d reporters on Friday, calling it a “major operation” that would mainly focus on removing criminals.

In a typical week, US Immigration and Customs Enforcement (ICE) arrests thousands of immigrants who are staying in t

上海品茶微信he country illegally, according to government data. Most of those arrests are made without any advance publicity.

Immigrant advocates have said advance word of the weekend raids could help some of those targeted to evade arrest.

But the president, speaking to reporters at the White House on Friday, said he wa上海品茶微信女神会所

s not concerned that the advance notice could help targeted immigrants evade arrest.

“If the word gets out, it gets out,” he said.

Since Trump first spoke of the plan, a number of city mayors, nearly上海品茶微信

all Democrats, have repeated their long-standing policies of not cooperating with ICE

officials on deportations and have advertised helplines people can call to understand their rights.上海品茶微信女神会所

Democratic lawmakers, among others, have also sought to inform immigrants of their rights, telling them not to open their door

for ICE unless agents present a court-issued warrant, and not to say or sign anything before speaking with a lawyer.

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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.

www.chuangxiangjie.cn

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

he Malaysian king said his country is happy to see the

fruitful bilateral ties over the past 45 years, as well as the deepened friendship between the two peoples. Malaysia looks forward to

sustained prosperity and development of the countries’ relations to benefit the two peoples, he said.

Premier Li Keqiang and Malaysian Prime Minister Mahathir Mohamad also exchanged con

gratulations on the Friday anniversary. They vowed to expand practical cooperation.Beijing opened its first

bicycle-only road at 7 am Friday morning, and our reporter Cao Zinan became one of the first cyclists to try it out.

Follow Cao in this video, and get a glimpse of the 6.5-kilometer-long bikeway in northern Beijing.

nqlbn.cn

Responding to a question on China’s considerations behin

 behind sending Wei to this year’s Shangri-La Dialogue, Wu said that China chooses the head of its delegation in accordance with the situation.

He added that China and the United States are in active talks on whether Wei will meet Patrick M. Sha

nahan, acting US secretary of defense, during the event and information on that will be published later.

Wei has been in Singapore since Tuesday and has met with leaders of the Singaporea

n government as part of his visit to the Southeast Asian nation, Singapore media reported.

Zhao Xiaozhuo, a senior researcher of international military relatio

ns at the PLA Academy of Military Science, said that the attendance of Wei, as the second part

icipation of a Chinese defense minister to the Shangri-La Dialogue, shows that China plac

riuy8.cn

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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Foreign investors believe that China has enough policy

icy tools to offset short-term downside pressure, while the financial risks are under control as the country’s debt level has shown signs of stabilizing, Zhang said.

China’s overall debt-to-GDP ratio had dropped to 249.4 percent

by the end of 2018, 1.5 percentage points lower than a year earlier, according to the PBOC.

If trade tensions escalate further, more opening-up policies in the sectors of medical

care and education will help boost global investors’ confidence in the Chinese economy, Zhang added.

By hiking the tariffs on $200 billion of Chinese goods from 10 percent t

o 25 percent just when it seemed the China-US trade talks would achieve a bre

akthrough, the United States has not only intensified the trade dispute but also ensured both sides take a knock.

ex079.cn

The strong earthquake was also felt in parts of Ecuador

 FTSE Russell, a leading global multi-asset index, data and analytics provider, said Satur

day that it will add Chinese A shares to its widely-tracked global benchmarks next month.

The addition will be officially effective after the close of share markets on June 24.

According to the plan of FTSE Russell, this move marks the first stage of incorporatin

g Chinese shares into its indexes. In this stage, 1,097 Chinese stocks, or 20 percent of A shares, will be bro

ught into the indexes, drawing an expected $10 billion from passive investors.

FTSE Russell will add 40 percent of A shares to its indexes in September, and another 40 percent in March next year.

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In contrast, the US seems to take it for granted that tarif

s are a weapon it can employ to bring China to its knees and extract one-sided

concessions, apparently ignorant to the fac

t that China is not what it was in the late 1800s and early 1900s when the country was forced into signing humil

iating treaties, which resulted in the opening of trading ports and paying of indemnities to Western powers.

Perhaps the blame for the breakdown in the talks should be laid at the door of the mind-set o

f the West, which sees only winners and losers, rather than a holistic whole in

which all benefit from each other.

That Eastern viewpoint explains why

China still hopes that the US will meet it halfway for

the benefit of both countries and both

peoples as well as the development of the world economy.

www.stgongchen.cn