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In May and June, the ave娱乐地图hly deficit on forex set

 settlement and sales by banks stood at $6.6 billion, down 44 percent from H2 2018, SAFE data showed.

The reading indicated a relatively good supply-demand situation of the forex market, while monthly fluctuations refl娱乐地图

ected the overall stability of market expectations and the market-oriented adjustment of prices, Wang said.

娱乐地图女神会所According to Wang, China’s forex market showed stable sentiment amid trade frictions with the US and the exchanges bet

ween Chinese and American companies are still very close, which is playing a positive role.

“We are confident to cope with the changing situation and maintain the stability of cross-border capital flows in China,” Wang said.娱乐地图女神会所

A national bankruptcy mechanism is under discussion by policymakers, covering local gover

娱乐地图nments and enterprises, to prevent systemic financial risks, said a senior official with the central bank.

“The key task is to prevent debt default risk,” said Wan Cunzhi, director-general of the PBOC’s Credit Information System Bu

reau, at a news conference on Thursday. He said the mechanism will include inde

bted local governments, while market-oriented measures will be introduced to ease their debt burden.娱乐地图女神会所

Bankruptcy of local governments was rarely mentioned in China before, and the official didn’t re

娱乐地图lease more details on the mechanism. It reflected that policymakers have noticed the potential challe

nges and more measures are expected to strengthen financial stability, analysts said. Total local government deb

t reached 19.9 trillion yuan ($2.89 trillion) by May, according to the Ministry of Finance.娱乐地图女神会所

The State Council released a guideline on Tuesday for building a credit-based market regulation system. The bankruptcy mechanism is one part of the who

娱乐地图le system. Besides local government, individuals and enterprises will also be regulated.

Companies with bad credit records will receive serious punishment

, said Lian Weiliang, deputy head of the National Development and Reform Com娱乐地图女神会所

mission. “For the worst scenario, the companies could be prohibited from the market.”

The measures for rating companies’ credit are being drafted, and market-oriented third-part

y institutions and industry associations will be involved in the rating process, according to Lian.

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Sichuan hospitals use 娱乐地图女神会所medical rescue

Hospitals in Sou 娱乐地图女神会所thwest China’s Sichuan province for the first time used 5G technology

for disaster medical rescue, after a magnitude 6.0 earthquake hit Changning county on Monday.

According to the official Weibo account of Sichuan Provincial Peopl

e’s Hospital, at 1:25 pm on Tuesday, an ambulance equipped with a 5G emergency rescue syst

em – the first of its kind in the country – carrying a medical team from Sichuan Provincial People’s Hospital and engin

eers from China Mobile Sichuan Company and China Mobile (Chengdu) Industrial Research Institute assisting the j

oint rescue efforts arrived at Changning County Hospital of Traditional Chinese Medicine (TCM).

At around 9:30 pm, Sichuan Provincial People’s Hospital launched a 5G real-time remote video consultat

ion with its medical team on a patient admitted to Changning County Hospital of TCM for a suspected spleen rupture.

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Sichuan hospitals use 娱乐地图女神会所medical rescue

Hospitals in Sou 娱乐地图女神会所thwest China’s Sichuan province for the first time used 5G technology

for disaster medical rescue, after a magnitude 6.0 earthquake hit Changning county on Monday.

According to the official Weibo account of Sichuan Provincial Peopl

e’s Hospital, at 1:25 pm on Tuesday, an ambulance equipped with a 5G emergency rescue syst

em – the first of its kind in the country – carrying a medical team from Sichuan Provincial People’s Hospital and engin

eers from China Mobile Sichuan Company and China Mobile (Chengdu) Industrial Research Institute assisting the j

oint rescue efforts arrived at Changning County Hospital of Traditional Chinese Medicine (TCM).

At around 9:30 pm, Sichuan Provincial People’s Hospital launched a 5G real-time remote video consultat

ion with its medical team on a patient admitted to Changning County Hospital of TCM for a suspected spleen rupture.

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We simply do not have the luxury of weeks of navel

l gazing or days and days of whittling candidates down to the fi

nal two,” Brokenshire said in a speech at the Policy Exchange, a center-right think tank.

Elder statesman and former chancellor of the exchequer Ken Clarke said on BBC Radio 4’s Today program that the contest ha

d become a “shambles”and was “in danger of becoming a rather tragic farce, unless some order is brought into it”.

Hopefuls have been seeking high-profile endorsements and unveiling policy proposals ahead of May’s resignation on Friday.

Former foreign secretary Boris Johnson, who is seen by many as a fron

trunner, got a thumbs-up from United States President Donald Trump on the weekend an

d was further boosted by Liz Truss, chief secretary to the Treasury, and Kwasi Kwarteng, the Brexit min

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Keeping with their “Wuhan spirit” and their June 2017″A

Astana consensus” on “not allowing differences to become disputes”, their “strategic guidanc

e” to their armed forces have ensured peace on their borders. This has prompted bilateral tra

de to finally cross its decade-long volume of $70-75 billion. For this year, China-India trade is set to cross $100 billion.

Likewise, China’s investments in India have witnessed a sharp upsur

ge from $688 million in 2016 to $5.6 billion last year. The United States’ decision to raise tariffs

on Chinese, as well as Indian, products is expected n Sino-Indian trade and invest

ment partnership. Critics may describe this as China’s tactical move triggered by its intensifying trade dispute w

ith the US. Yet there is no denying that the past two years have seen a marked shift in China-India relations.

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ombat Hero. When he retired from the PLA, Zhang chose to

ork in the poverty-stricken mountainous areas in Laifeng, a remote county in Hubei province. He dedicated his life to the p

eople, holding posts ranging from community-level government official to deputy manager of a local bank.

His political beliefs as a Party member supported him during the war period and in serving th

e people in peacetime, with indifference to fame and wealth, Zhang told Xinhua News Agency. He said he has been

fulfilling the oath that he had sworn when joining the Party, and that he doesn’t deserve special recognition for his a

chievements, since what he did was negligible compared with those who sacrificed their lives in the war. His left leg

was amputated seven years ago because of an illness, but Zhang stood up again on his prosthesis.

He said he doesn’t want to be a burden for others, and wants his children to work wholeheartedly for the Party and the people.

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The China-US trade disputes have significantly influe

enced the renminbi’s performance, said Wang Shengzu, co-head of Investment Strategy Group Asia Goldman Sachs.

But the currency is unlikely to slip out of a reasonable range, assuming there is no big shock from the trade talks, Wang said.

As a sound base for a stable renminbi, “the Chinese economy has shown sig

ns of bouncing up, shown by the faster-than-expected growth of industrial output, ret

ail sales, and credit in the first quarter, and this means that economic activity is improving with supportive pol

icies”, said Wang.Liu Shiyu, China’s former top securities regulator, was under investigation for alleged violations of

the law, according to a statement Sunday from the Central Commission for Discipline Inspection.

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ei Jianguo, a former vice-minister of commerce, said US bus

inesses and consumers will pay the cost amid hefty levies, which will eventually add significant pressure on the US economy.

The US government’s moves risk sparking a full-blown trade

war with China, and China is fully prepared for any possibility, Wei said.

Economists at Goldman Sachs said in a research note that recent data showed the costs of Washington’s tariffs on China last year

had fallen “entirely” on US businesses and households, with no clear reduction in prices charged by Chinese exporters.

The bank said that US consumer prices are higher, partly because Chinese exporters have not low

ered their prices to better compete in the US market. In addition, some US producers “op

portunistically” increased prices in response to protection from Chinese competitors, it said.

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hina to issue millions of electronic social security cards

hina has planned to issue at least 100 million electronic social security cards in cities acros

s the country this year, according to a recent notice from the Ministry of Human Resources and Social Security.

The notice also shows that China would like to fulfill the full use of the electronic social security cards within three years, form

ing a comprehensive application mode for social security cards for both online and offline purposes.

According to the recent notice, all cities should open mobile payment services for the e-cards.

So far, China has 1.25 billion social security card holders, acc

ounting for 89.6 percent of the total population, according to the MHRSS.

By Jan 23, electronic social security cards were issued in 230 cities in 26 provinces across th

e country, according to data from the ministry. Social security card holders can apply for an e-card through 58 apps.

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The Belt and Road Initiative is now running for a coupl

of years and has achieved success even in Europe, but it is not finished yet and it should be a win-wi

n situation for China and Europe. China is a very big market and an important global player.

China is Germany’s biggest trading partner, so I think there will be a good future for the two countries.

The Belt and Road Initiative has been a very successful integration proj

ect which is bringing China closer to the world. President Xi Jinping’s speech today is outli

ning that more and more countries can participate, share prosperity, as well as win-win results.

I think that the future will be bright and that especially t

he West needs to better understand what this Belt and Road Initia

tive means and why this shared prosperity can be created and benefit people across the world.aime Irachande Gouv

eia, coordinator of Belt and Road Initiative Research Center at University Eduardo Mondlane, Mozambiqu

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