in 1978, and sh阿拉爱上海品茶微信ifted its focus toward building its economy.
Data from the National Bureau of Statistics (NBS) shows the count
ry’s GDP increased 33.5 times in constant prices from 1978 to 2017, with average annual gr
owth at 9.5 percent, far exceeding the global average of 2.9 percent in the same period.
During 40 years of reform and opening-up, China’s economic aggregate increased significantly.
GDP stood at 364.5 billion yuan in 1978, before jumping to 1 trillion yuan in 1986, 2 trill
ion yuan in 1991, over 10 trillion in 2001, 30 trillion yuan in 2006, and over 80 trillion yuan 2017.
The country’s worldwide economic aggregate ranking is also rising, from 11th spot in 1978 to second in 2010.
For the first time in the history of Peking Opera, four women recently performed a
piece in the China National Peking Opera Company production, Stories of the Red Army.
The Peking Opera performance was one of the 51 productions showcased at the 12th China Art Festival in Shanghai.
Two performances took place at Shanghai’s Majestic Theater on May 27 and 28.
For the show, the CNPOC brought together three stories based on events during the Red Army’s epi
c Long March (1934-36), to create the modern Peking Opera, which premiered in Beijing on Aug 1, 2018.
“They are stories about the resilience and bravery of the Red Army during the Long March,” says Song Chen, head of the CNPOC.
President’s message calls for tackling legal, security, governance challenges
President Xi Jinping called on Sunday for strengthened cooperation among countries to explo
re opportunities of digital, internet-based intelligent development and to properly address le
gal, security and governance challenges arising from big data industry development.
He made the remarks in a congratulatory letter to the China Internati
onal Big Data Industry Expo 2019, which kicked off in Guiyang, Guizhou province.
The new generation of information technology, represented by the internet, big data an
d artificial intelligence, is booming at present and has significant and profound influence on various cou
ntries’ economic development, social progress and people’s lives, Xi said in the letter.
Meeting in Nanchang eyes achieving new advances in development of country’s central region
President Xi Jinping stressed the significance of owning indep
endent intellectual property rights and core technology while visiting a producer of rare
earth, which he hailed as an “important strategic resource”, in Ganzhou, Jiangxi province, on Monday.
Xi, also general secretary of the Communist Party of Chin
a Central Committee and chairman of the Central Military Commission, visited the JL MAG Ra
re-Earth Co immediately after he arrived in Jiangxi for the three-day inspection tour.
At the company, Xi learned about its production and operation, the r
are earth industry’s development in Ganzhou, the development and application of the co
Transformation of traditional industries speeding up, riding wave of high tech
The Chinese economy is poised for more vigorous growth after gathering new strength through upgrad
es in traditional industries and accelerating the growth of high-tech industries and emerging sectors.
The country will further expand market access with a nationally unified, annually released and timely adjusted negative list for m
ore market vitality, according to the National Development and Reform Commission, China’s top economic regulator.
Meng Wei, spokeswoman of the commission, said at a media conference on Fri
day that China has made steady progress in cultivating new momentum and promoting t
China said late on Monday that it will increase tariffs on the bulk o
$60 billion of US imports to three categories of rates between 10 percent and 25 percent.
For the rest of the US imports, the duty rate remains at 5 percent, acc
ording to a statement released by the Customs Tariff Commission of the State Council.
The tariffs will hit around 5,000 products such as food, chem
icals and auto parts, and are due to take effect on June 1, the commission said.
In a separate statement on Monday, the commission said i
t will be open to tariff exemption applications for part of qualified US imports.
This is China’s latest response to the additional US tariffs on $200
billion of Chinese goods, which were implemented on Friday morning.
China said late on Monday that it will increase tariffs on the bulk of $60 billion of US imports to three categories of rates between 10% and 25%.
For the rest of the $60 billion US imports, the duty rate will remains at 5 percent.
The tariffs will hit around 5,000 products and will take effect on June 1.
It is China’s latest response to the additional US tariffs on $200 billion of Chinese goods, which were implemented on Friday morning.
The move fully demonstrates Beijing’s firm determination to defend its due interest
s and legitimate rights in international trade and economic cooperation, according to analysts.
Guanxi, compadrazgo and bapakism. Three words from China, the Philip
pines and Indonesia that encapsulate the same values of the vast continent through the a
ges－a shared belief in the importance of the family and the community over the individual.
going reform measures have made its financial market increasingly appealing to overse
as investors,” the administration said on Monday in a statement on its website.
“The administration will continue to support the opening-up of financ
ial markets, meet demand from overseas investors to expand investment in the ma
rkets and attract global long-term capital to enter China’s financial markets,” it said.
Given the stable performance of the yuan and expectations of balanced capital flows, China’s fore
ign exchange reserves remained stable in April, reaching $3.095 trillion by the end of last month, co
mpared with $3.099 trillion by March, according to data released by the administration on Tuesday.
China is willing to see the accelerated development of the onshore capital market, said analysts, allowing direct fi
nancing to play a more significant role in allocating savings and investment, and better serve the economy.
Under a pilot scheme, the first group of six provinces and cities sold 6.8 billion yuan in bonds
at commercial bank counters to individual buyers between March 22 and early April.
The coupon rates are between 3.01 percent and 3.33 percent, higher than treasury b
onds issued by the central government as well as bank deposits with the same maturity.
Gross local bond issuances hit 1.18 trillion yuan in the first qua
rter, compared with only 219.5 billion yuan in the same period last year.
The total quota for 2019 local government bond issuances is 3.08 trillion yuan, according to the Ministry of Finance.
“About 60 percent of the bonds were issued for ongoing construction, especially
for shantytown renovation projects, railways and roads,” said Hao Lei, head of the ministry’s Budget Department.
While debt financing continues to grow, the government is experiencing sharp declin
es in fiscal revenue growth, especially from tax and land sales, official data showed.
China said Monday it will ease the requirements for permanent residency in many large cities as part of its new urbanization push.