He recommended that under the normal circumstances

market could deter爱上海同城对对碰mine the RMB exchange rate, but if extreme situations arise, the central bank

can exercise some intervention to prevent spillover effects of exchange rate volatilities on neighboring countries.

Yi, the PBOC governor, said the current fiscal policy package is strong enough to counter headwinds, even if

the situation gets a little worse, and “a discussion” could be opened if the scenario turns “tremendously worse”.

Looking forward, the unemployment rate, rather than the GDP growth rate, should receive more atte

ntion. “The Chinese economy is presently doing reasonably well, and I don’t worry too mu

ch about the unemployment problem. So long as people still have jobs, it’s not a concern if growth slows slightly. But this ma

tter deserves to be very closely watched, particularly as now trade tensions escalate rapidly,” Huang said.

If trade tensions start to have “bigger impacts” on the economy, he said

nd force low-end manufacturers to move out more rapidly, it might increase the pres

sure on unemployment. So supporting domestic consumption and encouraging the development of the servi

ces sector, especially labor-intensive services, could help mitigate the pressure, he said.

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The IMF research, citing official data, found that the

 revenue collected by the US government through hefty tariffs on Chinese imports, has been paid almost entirely by US importers.

“Some of these tariffs have been passed on to US consumers, such as those on washing machines, wh

ile others have been absorbed by importing firms through lower profit margins,” the research said.

Any further increase in tariffs will likely be passed through to consumers, it said.

China and the US, the world’s two largest economies, have been embroi

led in a tit-for-tat trade confrontation over the past few months. Washington threatened to fur

ther escalate a tariff war and increased tensions by tightening restrictions on Chinese companies.

Earlier this month, the US raised tariffs on $200 billion of Chinese imports from 10 percent to 25 percent, and China took coun

termeasures. Then the US administration listed about $300 billion more of Chinese goods for possible tariff hikes.

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Some companies find niche markets in the industry by

producing specialized bicycles for health, sports and slow urban lifestyles.

Century-old bike-maker Shanghai Phoenix Enterprise (Group) Co Ltd and Tianjin Flying Pigeon Cycle Development Co are

transforming to produce sports and leisure bicycles based on the fast growth for these types of products.

The output of such bicycles priced above 1,000 yuan saw an 18.5 percent year-on-year increase to 8.43 millio

last year, up 10.5 percentage points over the previous year and accounting for about 11.5 percent of the total.

Other companies including Bike8, Onelap and Incolor continue to manufact

ure innovative bicycles by improving the intelligent and network connecting levels of their products

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Noting that China has the world’s biggest middle-incom

income population, Xi said that China would open up its market continuously and welcome quality products from around the world.

China does not pursue a trade surplus intentionally, and it would like to import more com

petitive farm products, finished products and services to promote the balance of trade, Xi said.

China will promote greater openness in modern services, manufacturin

g and agriculture, allow foreign capital to hold the controlling share in more areas and buil

d some new free trade pilot zones to further ease market access for foreign capital, he said.

China will speed up making relevant rules and regulat

ions and ensure the implementation of the Foreign Investment Law, Xi said, adding that the cou

ntry will push forward supply-side structural reform through fair competition and international cooperation.

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With the two presidents as witnesses, China and Chile

According to Chilean Ambassador Luis Schmidt, the two countries on Wednesday secured a deal to open the Chinese market to Chilean pears.

He said he is expecting the first pear exports to China to take place soon.

Zhou Jin contributed to this story.

Liu Cailin, a Hebei Academy of Fine Arts graduate, is a member of the Tujia ethnic group.

At school Liu interned at design companies during summer and winter vacations. It wa

s then that he fell in love with jewelry design. Several months after he graduated, Liu opened his own workshop.

For lovers, every gift is special. Liu once received a message: a girl received a leaf from her boyfriend, and wanted to preserve it in some

way. Liu decided to make a silver piece of jewelry for her, one of more than 2,000 stories he’s turned into works of art.

Liu now has more than 1.2 million fans and monthly sales of 150,000 yuan ($22,283), a figure that could top 350,000 yuan.

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We believe that with the passing of time and the sy

nergy of all parties, Belt and Road cooperation will definitely become deep and concrete, steady and extensive,” the report said.

“The Belt and Road will become a road of peace, prosperity, opening up, green development, innovatio

n, connected civilizations, and clean government. It wi

ll make economic globalization become more open, inclusive, balanced and beneficial to all.”

China will improve its oversight of human related scientific research and medic

al tests under draft laws and amendments submitted to China’s top legislature for review on Saturday.

Medical and scientific research related to human genes and embryos mi

ght present risks to health or violate ethics, and they must be strictly regulated therefore, said She

n Chunyao, senior legislator of the Constitution and Law Committee of the National People’s Congress.

A new item has been added to the country’s draft civil law, requiring that all

medical and scientific research related to human genes and embryos must f

ollow strict rules, laws and regulations, and should not pose a threat to people’s health or violate moral or ethical codes.

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Taylor said the US will ultimately “pay the price for

this”, in the form of an incomplete and inaccurate understanding of China by barring scholars wh

o have great familiarity with US politics and policymaking and have the ear of Chinese officials.

Douglas H. Paal, vice-president of the Asia Program at the Carn

egie Endowment for International Peace, said it appears that the scholars who best unders

tand the US and communicate well with China’s leaders are being denied visas or threatened with denial.

“I don’t see how this is in America’s interest,” Paal said.

Some US media have mentioned that China also denies visas to

US academics, but Taylor and Paal said that has not been

their experience when applying for Chinese visas to visit China for academic exchanges.

In a news conference on Thursday, when asked if China rejected a visa application fr

om an adviser to US President Donald Trump, Foreign Ministry spokesman Lu Kang

said Chinese embassies and consulates overseas always handle visa applications according to law.

China welcomes cultural exchanges between China and the US an

d will actively promote mutual understanding between the two countries, Lu said.

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calls on civil affairs authorities to improve publi

President Xi Jinping called upon civil affairs authorities to focus their efforts on meeting the requirements of poverty red

uction, special groups and matters of public concern in an instruction released on Tuesday.

The remark by Xi, also general secretary of the Communist Party of China Central Committee and chairman of Central Mil

itary Commission, came as the 14th National Conference on Civil Affairs began in Beijing on Tuesday.

Xi said work related to civil affairs is related to the public’s well-being and the hearts a

nd minds of the people, and it is also fundamental work that extends a helping hand to those most in need.

Party committees and governments at various levels should stay committed to a people-cent

ered approach and improve their capacities in civil affairs services at the primary level, he said.

He also urged civil affairs authorities to enhance their Party building, stay comm

itted to advancing reform and innovations, better assume their responsibilities in ensur

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What really matters is what the initiative is all about and

 how the cooperation it has been bringing about can benefit those countries and regions involved and the world economy at large.

Being proposed by China, it is natural that China should have taken the lead in advancing the

Belt and Road, but it has always sought to make clear that the initiative is open and inclusive.

With more countries and international organizations getting involved, the initiative will undoubted

ly become a bigger and more diversified platform with increasing opportunities for multilateral cooperation.

Those who continue to speak ill of it, rather than presenting an obst

acle to it, actually do it a service by highlighting its possible shortcomings and the diffi

culties it may encounter ahead, which will better help the participants address them.

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Environment officers detected benzene concentrations i

the air of 2.04 milligrams per cubic meter at a monitoring point 1 kilometer downwin

d from the explosion site at 10 am on Wednesday, a level about 17.5 times more than the national standard.

But at 10 am on Thursday and Friday, the benzene concentration at the same point was w

ithin the standard, according to the Ecology and Environment Department of Jiangsu.

While many human mothers pay big money for nannies to take care of their children, female golden snub-nosed monk

eys are happy to mother each other’s offspring, according to a new study by Chinese scientists.

What’s more, the practice has effectively saved the species from e

xtinction, according to the study recently published in the journal Science Advances.

Nearly 90 percent of golden snub-nosed monkey infants evaluated

over five years in Shennongjia National Park in Hubei province were nursed by their biological mot

hers and other females, usually relatives of the biological mothers such as grandmothers or aunts.

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