India to impose retalia上海419品茶微信roductsmedia

The Indian governmen上海419品茶微信t has decided to impose retaliatory d

uties worth over 200 million US dollars on 29 products from the United States to co

unter the penal duties imposed on Indian aluminum and steel, local media reported Saturday.

The decision, to be officially notified on Sunday, came a few days ahead

of the scheduled visit of the US Secretary of State Mike Pompeo to India to discuss def

ense and trade issues, the Hindu Business Line quoting an unnamed government official as saying.

In June last year, India announced retaliatory tariffs worth 230 million US dollars on 29 US goods. However, India h

as since been postponing implementation of the duties in a bid to address trade concerns.

The trade concerns including the proposed withdrawal of the Generalized System of Preferences by the United States o

n India taking effect on June 5, may have prompted New Delhi to finally put the duties in place, the report said.

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And given that the other major economies are using fre

e trade zones上海千花网品茶微信j as a strategic means to play geopolitical and geo-economic games, China should accelerate the b

uilding of free trade zones with other countries under the bilateral or multilateral investment ag

reement framework for a diametrically opposite purpose: boosting global economic cooperation.

The focus of international trade policy has shifted from tariffs and licensing to convenient inves

tment and trade facilitation policies, and creating of a business-friendly climate. So while ope

ning up the domestic market and helping improve the utilization of foreign capital, China should also work out de

tailed rules on the foreign investment law, take steps to remove the obstacles to outbound Chinese investments, promote th

e free flow of global and domestic production factors, and expand its economic development space.

Important to reform global governance system

To stabilize the economy and prevent risks, China should seek more govern

ment-funded infrastructure investment projects in fields such as 5G networks, intellig

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hina spends heavily on government-subsidized housing

China’s fiscal sp上海419论坛女神会所ending on government-subsidized housing saw a rapid increase in 2018 am

id government efforts to curb housing speculation and improve people’s livelihood.

Fiscal expenditures on government-subsidized housing projects totaled 737.2 billion yu

an ($107 billion) last year, up 46.4 percent year-on-year, the Ministry of Finance said in an online statement.

The funds helped the renovation of 6.26 million shantytown units in u

rban areas and 1.9 million dilapidated houses in rural areas, and supported the co

nstruction of the matching facilities for 300,000 public rental housing, the ministry said.

The ministry vowed to strengthen supervision and management of the funds for government

-subsidized housing in 2019, and standardize the financing for shantytown renovation projects.

The country saw stable housing prices last year amid government co

ntrol policies under the principle of “houses are for living in, not for speculation.”

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In the 5G era, higher reliability and lower latency can

be realized, m上海419论坛女神会所 aking the internet of things more effective and ena

bling tasks that are impossible in the 4G era, such as overseeing self-driving vehicles.

Telecom equipment maker Huawei Technologies Co said in a statemen

t on Thursday that it is ready to help China accelerate commercial use of 5G.

Huawei’s global pioneering capabilities offering 5G solutions can support Chinese telecom carriers to build a sound net

work. China will lead the world in commercializing the superfast wireless technology, the company said.

Huawei has invested about $2 billion in total into the research and development of 5G since 2009.

ZTE Corp, another Chinese telecom gear vendor, also said in a statement that its produ

cts are ready for commercial use and it will actively participate in the commercial

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Fortunately, a growing number of Chinese high net wort

th investors have started to realize the importance of not putting all their eggs in one basket, said Zi Yu

an, head of investment platforms and solutions at UBS Securities. One solution is to hold dif

ferent currencies to avoid the possible risk of the exchange rate fluctuation of one single currency.

“They are looking at more overseas markets. Different markets sometimes are litt

le connected. For example, the Chinese stock market was really disheartening last year. But if an investor all

ocated his assets in the US stock market or other markets with high yield bonds, the loss in the Chinese stock m

arket will be offset and the stability of the entire investment portfolio will be further consolidated,” he said.

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ale Zhang, managing director of Shanghai-based con

nsultancy Automotive Foresight, said SEAT’s smaller cars will help its parent company to reach custo

mers in China’s smaller cities, where electric cars built on Volkswagen’s own platforms would be less affordable.

Volkswagen, as well as its subsidiaries from Audi to Porsche, plan to deliver aro

und 1.5 million electrified vehicles, most of them pure electric cars, in China by 2025.

It also expects global sales of electrified vehicles will total 22 million by 2028, and half of them will be produced in China.

China overtook the United States as the largest producer and market of new energy vehicles in 2015.

The China Association of Automobile Manufacturers expected sales of su

ch vehicles to reach at least 1.6 million this year, up from 1.2 million in 2018.

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Nearly three years after the United Kingdom voted by per

rcent to 48 percent to leave the EU, it remains a member and its politicians are still argui

ng over how, when or even whether the country will leave the club it joined in 1973.

May quit on Friday, saying it was a matter of deep regret that she had been unable to deliver Brexit and

arguing that the decision of the 2016 referendum should be honoured. That opened up a period of furt

her uncertainty as the Conservatives decide on who will take over as party leader and prime minister.

BBC projections put the Conservatives on around 10 to 12 percent, down fr

om 23 percent in 2014, likely to be one of the party’s worst results in a nationwide election ever.

The Brexit Party was in first place, and was likely to do better than

the UK Independence Party did in 2014, according to BBC projections.

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Stage collapse kills child in Fujian provincetists may have f

An accident Saturday night where a

theater stage collapsed has killed one child and injure

d 14 people, said the local emergency management office in Zhangzhou, Fujian province on Sunday.

The Jinshuixian theater in Zhangzhou Development Zone hosted a children’s dance audition the night of May 25.

During the audition, part of the theater’s center stage collapsed, killin

g a 13-year-old participant. Injured participants are receiving treatment in hospitals.

Companies and organizers involved in the accident are in police custody.

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n 2018, the handling capacity of the Port of Dunkerqu

 reached 51.6 million tons, with ore and container freight volumes breaking records. Aut

horities said that the port’s investment budget for 2019 would reach 48 million euros.

Situated at the heart of a triangle between Brussels, London, and P

aris, the Port of Dunkerque is the third largest port in France after Port Le Havre and Port Marseille.

The port has 18 professional terminals and a logistics park with storage facilities for food, hydrocarbons, chemicals and cereals.

Public security authorities have destroyed over 200 cross-re

gional criminal networks and more than 400 peer-to-peer lending platforms suspected of i

llegal fundraising between the beginning of 2018 and the first quarter of 2019, according to the Ministry of Public Security.

They have also filed 19,000 illegal fundraising cases involving 410 billion yuan ($59 billion), the ministry said in a news release.

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The phone call took place days after the US Commerce Dep

artment announced on Wednesday it will add telecommunications eq

uipment maker Huawei and its affiliates to the Entity List on Wednesday. Being on the list

bars the company from buying US technology without government approval due to security concerns.

On the same day, US President Donald Trump signed an executive order that bars US companies fr

om using telecom equipment from manufacturers considered a national security risk, without mentioning Huawei by name.

Such moves, as well as the increase of tariffs on $200 billion worth of Chinese goods earlier this m

onth, complicated the prospect of continuing the bilateral trade talks that have been ongoing for more than a year.

China has always believed in and hoped to solve trade differences thr

ough talks, but such talks should be equal, Wang said. In any talks, China must protect its legitim

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