The United States’ labeling of China as a currency manipulator is unlike
上海419论坛ly to compel the International Monetary Fund to intervene, as it concluded recently that Chi
na’s currency practices are in line with its economic fundamentals, according to experts.
On Monday, the US Treasury, following an earlier pronouncement by US President D上海419论坛品茶微信
onald Trump, applied the label to China after the yuan depreciated, escalating the US-China trade friction.
The yuan now trades at about 7-to-1 against the dollar. That’s in line with China’s econo
上海419论坛mic fundamentals, and the IMF is therefore unlikely to impose sanctions on Beijing, according to Gary Huf
bauer, a senior fellow at the Peterson Institute for International Economics in Washington.
Hufbauer said that Trump believes the People’s Bank of China (PBOC) engaged in currency manipulation because it fail上海419论坛品茶微信
ed to support the yuan despite ample cash reserves, apparently creating a new standard overnight.
“The IMF defines currency manipulation as deliberate intervention to weaken a curren上海419论坛
cy in support of larger exports,” he told China Daily. “China’s yuan was weakened by market forces in response t
上海419论坛品茶微信o Trump’s latest tariff threat－and there’s nothing deliberate about China’s action.”
The IMF defines currency manipulation in Article IV of its rules and requires a vote by its execu
tive board. The US has its own standards, defined in a 1988 law, expanded by former president Barack O上海419论坛
bama as part of the Trans-Pacific Partnership negotiations, and codified in 2015.
“Trump’s declaration is not consistent with any of the previously announced standards,” Hufbauer said
上海419论坛品茶微信 “Trump is toying with the idea of countervailing currency intervention－selling dollars to bu
y yuan－but that seems unlikely. The Fed is not likely to go along, and the Exchange Stabilization Fund controlled
by the Treasury does not have the big bucks needed to move currency markets.”
w enjoy forest coverage of about 60 percent.
上海419论坛It also benefits the local environment: Along the Yangtze River, for example, sand co
ntent dropped by 90 percent from 2000 to 2016. In Hainan province, Hainan gibbons－a critically endangered spe
cies－witnessed population growth from only seven in 1998 to 29 last year due to the program.上海419论坛品茶微信
According to the plan, top local government officials will be responsible for the protection work.
Moreover, all commercial logging of natural forests will be prohibite
上海419论坛d nationwide. In some core areas, other commercial activities will also be banned.
The forestry department will strengthen the restoration of some degraded natural forests a
nd speed up the work to build a surveillance system for protection and restoration work.上海419论坛品茶微信
“A strict management system will also be established. Anyone who conducts illegal activity that damages natural forests or threa
上海419论坛tens public interests will be punished,” said Li Shuming, deputy head of the administration.
Li said the government will take the lead in implementing the plan and encourage participation from the public. He said the prot
ection and restoration work aim to bring prosperity to the people through eco-friendly development.上海419论坛品茶微信
“The plan is expected to drive China’s natural forest protection work to a new stage,” Li said
Hubei province has completed an aerial survey of all sewage outlets that disch
上海419论坛arge into the area along the Yangtze River and its tributaries that flow through the province.
It was the first time that the province carried out such a full-scale survey, whic
h also serves as important groundwork for a national campaign, launched this February, to comb the b上海419论坛品茶微信
anks of the Yangtze River and map all such outlets along the country’s longest waterway.
e tools to ease the pressure on the job market. As the largest group of jo
上海419论坛女神会所b seekers, college graduates have an entire year to find jobs. In addition, college gra
duates have several options to seek employment immediately or in the near future－for instance, they can start their ow
n business or choose to pursue further studies. Plus, statistics show that more than 90 percent of college graduates find a上海419论坛女神会所
job within six months of leaving college, sometimes by accepting salaries lower than their expectations.
As for migrant workers, they have always been flexible in the job ma上海419论坛
rket. Due to the ever-improving employment information channel and rising demand for
workers in the service industry, the actual demand for migrant workers has been continuously rising in recent years.
上海419论坛女神会所The government, on its part, should improve its economic efficiency, overcome
uncertainties and take measures to fulfill enterprises’ requirements to ensure sustained eco
上海419论坛nomic growth, which in turn would further increase the demand for labor. The government should also accelerate re
form and opening-up, and implement targeted macroeconomic policies to minimize ec
onomic fluctuations and narrow the gap between job seekers’ expectations and the real condition in the market.上海419论坛女神会所
Take college graduates for example. The majority of them expect to get
a salary higher than the existing market rate－and many of them prefer to work in China’s
上海419论坛eastern region, first-tier cities and/or large enterprises. This indicates there is a gap between college graduates’ expect
ations and the actual situation in the job market. Besides, many college graduates’ knowledge and practical skills can
not fulfill the requirements of the market, especially those of big companies.上海419论坛女神会所
So the authorities should moderately loosen macroeconomic policy to create more jo
bs, strengthen social security and improve information sharing to cultivate more talents.上海419论坛女神会所
The author is a professor at the School of Economics, Renmin Univer
sity of China. The views don’t necessarily represent those of China Daily.
media accuse China of violating human rights in Xinjiang not because they care for the people of the region but because they want to use hu
man rights as a weapon to attack China so they can hide their own atrocious human rights records.上海419论坛女神会所
上海419论坛Just as Deng Xiaoping said, some Western countries use issues su
ch as human rights to criticize China, but what they’re really after is China’s sovereignty. In pa
rticular, the US, given its grim human rights record, has no right to criticize China.上海419论坛
If governments and people across the world want to safeguard huma
n rights and promote the global cause of human rights, they should abandon their biases ag
ainst each other, respect cultural diversities and realize that human rights are really ab上海419论坛
out making people’s lives better, which is exactly what the central government has been doing in Xinjiang.
of the State Council, China’s Cabinet, on Wednesday, it was decided t上海419论坛
hat 10 percent of the shares of domestic large-and medium-sized State-owned e
nterprises will be transferred to the social security fund. Beijing News comments:上海419论坛女神会所
State capital belongs to the people and should benefit all members of society. It is also the co
mmon practice of developed countries to supplement social security fund with State-controlled capital.上海419论坛
After the money is transferred, the SOEs will enjoy the rights and profits
as financial investors, while the social security fund will be strengthened.
Before the move, the social security fund mainly rel
ied on enterprises and fees paid by individuals plus financial subsidies.上海419论坛女神会所
Especially, in the past round of SOE reform, many retirees were allo
wed to get their pensions without ever paying for them, which means the whole society sub上海419论坛女神会所
sidized the SOEs. Now the SOEs are flourishing and it is time they render some help back to society.
Money from the SOEs has long been considered an important way to supplement the social security fund. Howev上海419论坛
er, progress in achieving this goal has been rather slow. According to a national audit report, at the end of March this
year, only 113.2 billion yuan ($16.42 billion) of 23 SOEs had been transferred to the social security fund, which account
s for less than 10 percent of the planned total. Only four provinces had started the job.上海419论坛女神会所
There are vested interests behind this. For example, certain local government
Graduates trained in cooking the crustaceans earn double the average
Almost China’s national snack, people’s strong love for crawfish h上海419论坛女神会所
as meant graduates who specialize in the dish can earn twice as much as others with college degrees.
上海419论坛Thirty-five graduates who studied how to cook crawfish-also called crayfish-for two years, ob
tained vocational degrees from Qianjiang Crayfish School in Hubei province recently.上海419论坛
Twenty-nine of them have already secured jobs with average monthly salaries of more than 1
上海419论坛0,000 yuan ($1,457) due to the large demand for crawfish chefs, said Wang Zhongqiu, a teacher at the vocational college. He ad
ded that the other six graduates decided to open their own crawfish restaurant.
According to a report by Mycos, an educational research compa上海419论坛女神会所
ny, the average monthly salary for college graduates in China was 4,624 yuan in 2018.
上海419论坛It is quite common for crawfish chefs with more than three years’ experience to earn 30,000-50,000 yuan a month and the scho
ol plans to enroll another 200 students in crawfish-related majors this year, Wang said.
The school first introduced three majors related to the cooking, marketing and management of crawfish in 2017 and be上海419论坛女神会所
came the first and only college nurturing talent for the crawfish industry, he said.
上海419论坛”Apart from the three majors, it plans to open a new major in crawfish breeding. From raising baby crawfish, transporting the
m to the restaurant and finally bring the dishes to the table, we want to cultivate talent in all crawfish-related areas.”
Despite the good pay, the work is onerous. Chefs have to work o上海419论坛女神会所
vertime and some have to cook hundreds of kilograms of crawfish each day, Wang said.
上海419论坛女神会所The peak season for crawfish is from March to November, so they will earn much less during the slow season, he added.
Huang Yu, 21, is a graduate from the crawfish school. He has ope
ned a crawfish restaurant with his family in Yichang, Hubei province, his hometown.
ges could lead to 上海419论坛女神会所a cascade of costly adjustments, including road si
gns, bus schedules, official seals and hukou, or household registration documents.
Xinhua News Agency published a commentary on Friday calling for local authorities to further regulate their work procedures in the rectification of existing names.上海419论坛品茶微信
While acknowledging the cleanup as a correct move, as geographic names are basic social information that needs
上海419论坛to be regulated, the commentary also said soliciting the opinions of professionals and the public is necessary for a well-int
entioned campaign to be welcomed. It also suggested establishing a mechanism to prevent strange names from appearing again.
Gu Yan, a researcher at the National Development and Reform Commission’s Academy of Macroeconomic Research, said i上海419论坛
mproper names involving geographic locations should not have been approved in the first place.上海419论坛
hina’s State Administration for Market Regulation (SAMR) has released a draft revision of regu
上海419论坛品茶微信lations on the blacklist of defaulters in commercial activities on its website for public opinions.
The draft revision was introduced to improve market regulation based on a well-established business credit system, according to the SAMR.
Under the revised blacklist regulation system, supervision of market activities associated with上海419论坛
drugs, food, special purpose equipment and other areas vital to people’s life and health will be prioritized.
上海419论坛品茶微信The blacklist will be expanded from enterprises to self-employed
business-people, social organizations, individuals who hold direct accountability for the wron
gdoings in the blacklisted entities, and other market participants, according to the draft revision.上海419论坛
The revised version also specifies 36 wrongdoings wh
ich businesses and individuals should not conduct to avoid being blacklisted.
China’s market regulator put an interim version of the regulations into effect on April 1, 2016.上海419论坛品茶微信
The draft revision is open to public opinions until Aug 10.
yet built up a giant company, and the country will have one in the future, industry insiders told the website.
The gross profit margin for the US’ three giant garbage sorting companies are 30 to 40 percent a上海419论坛
nd each has healthy cash flow, while China’s sanitation industry only reaches 6 to 10 percent, Zhang said.
The sanitation industry in China is in an expansion phase with tight cash flows, a
上海419论坛女神会所nd the industry has plenty of room to develop in the Chinese market, she added.
Policy supporting are still needed to grow sanitation as an industry, startup heads and investors told 21jingji.com.
Garbage clearance and transportation needs qualification licenses, which are given by the government in China.上海419论坛女神会所
As garbage sorting promoting and the sanitation
industry become hotspots, licenses will become precious.
上海419论坛Furthermore, achieving large-scale development and standard
ized operation in the industry are questions for startups to explore, the website said.
In June an official with the Ministry of Housing and Urban-Rural Development, said the上海419论坛
country will invest 21.3 billion yuan in the construction of garbage processing facilities, and by 2025 all 300 Chi
上海419论坛女神会所nese cities at or above the prefecture level shall complete the building of garbage sorting and processing systems.
ditor’s note: The 2019 China Internet Conference kicked off in Beiji
ng on Tuesday. Representatives from government departments, internet ind上海419论坛
ustries, as well as experts and scholars at home and abroad gathered in the three-day event with 29 subforums to di上海419论坛女神会所
scuss hot topics such as 5G, IPv6, artificial intelligence and financial technology.
Here are some of the quotable quotes captured from the conference.
With experience accumulated from the 2016 hit, The Jungle Book, which seamlessly combines live-action performa
nce with photorealistic CGI animals and landscapes, Favreau seems competent enough for the job, exe上海419论坛
mplified by the vivid presentation of Simba and other animal characters in film’s trailers.
上海419论坛女神会所Preparations for the film started two years ago. A team of 13 people was dispatched to Kenya for two weeks to seek inspi
ration and think about how to bring the iconic sets and characters to life. Three helicopters and six SUVs were used
to transport nearly a ton of filming equipment used to capture more than 12.3 trillion terabytes of images.上海419论坛女神会所
To be as realistic as photographs, however, is not the ambitious crew’s final goal. According to
上海419论坛Disney, they also used something called the “black-box” theater technique to make sure that the voice-ov
er actors could perform naturally and record their facial emotions as part of the animation procedure.
Ma Boyong, a best-selling novelist, says he has watched the 1994 Lion King fi上海419论坛女神会所
lm multiple times over the past 20 years. He believes the most charming part of it is the上海419论坛
message conveyed by The Circle of Life, arguably the most famous song in the animated film.
上海419论坛女神会所”It makes the film about more than just the conf
lict between a group of animals, or a royal conspiracy… It discusses the classical ques
tions about the meaning of life, answers to which have been sought by humankind since ancient times,” he says.上海419论坛
Kim Darroch has resigned as the United Kingdom Ambassador to the United States fo
上海419论坛女神会所llowing a dispute over leaked emails that criticized US President Donald Trump.
In a statement released by the UK Foreign Office on Wednesday, Darroch said he wanted to put an end to specu
lation over his position, after the leaked cables sparked a diplomatic spat between the UK and the US上海419论坛.
“The current situation is making it impossible for me to carry out my role as I would like,” Da
rroch said. “Although my posting is not due to end until the end of this year, I believe in the current circu上海419论坛女神会所
mstances the responsible course is to allow the appointment of a new ambassador.”
In leaked emails published by the Mail on Sunday, Darroch labelled the Trump administr
ation “dysfunctional”, “unpredictable”, and “diplomatically clumsy and inept”.
Trump rounded on Darroch on Twitter, calling him “a stupid guy” and saying the US would “no longer deal with him”.
But there is one crucial difference; the young man is not alone but wi
th his father. That scene coincides with the Chinese title of this TV series, namely “stud上海419论坛女神会所
ying abroad with daddy”. The plot depicts the lives of three young Chinese s
上海419论坛tudents and their fathers, or mothers, who accompany them to a developed cou
ntry. Predicaments then arise. Study problems, issues with the homestay family, exam cheating and a campus shooting. This has ignited responses fro
m viewers, with mixed voices including both positive and faultfinding critical comments.上海419论坛
Increasing numbers of Chinese students are opting to go abroad to further their studies in colleges and universities. According
上海419论坛女神会所to data from UNESCO, overseas Chinese students now account for
14 percent of the global total. China tops the rankings of international stu
dents, according to Xinhua News Agency, reaching 660,000 in 2018. Of these 596,300 are self-funded.
The TV series has attracted a huge number of viewers and “overseas stu上海419论坛女神会所
dents” is a hot topic for online comment. On Sina Weibo, the com
ments of the hashtag about the TV series have hit more than 1.1 million.上海419论坛
Few Chinese families are wealthy enough to dispatch a parent to help a student face the challenges of life overseas.
上海419论坛女神会所Lucy Zhu, for example, points to her own experiences. “One day, in my seni
or year, I was driving, but suddenly my car was hit by another car being driven by a US te
enager. I had to deal with all the case proceedings and the insurance claim every step of the way,” she recalls.上海419论坛
In more ways than one, being an overseas student means there is a great learning curve. Jane Yang, now a US citizen, from Heb
ei province, studied as an international student at the University of Minnesota in 1988. “The early years a上海419论坛女神会所
broad, looking back, made me a more independent, open-minded person,” she says.
To Zhang Shuwei, the 20-something producer of the series, “the keyword
is more ‘daddy’ than ‘study abroad”‘, since the plot also depicts the lives of the three pa上海419论坛女神会所
rents, who accompany their children. Audience response suggests that they would like to learn more about the st
udents and their travails. The show has a rating of 3.5 out of 5 on review site Douban.
Yet on the other hand, the struggles of the overseas students portrayed in the TV series s
till managed to reveal typical issues faced or experienced by Chinese students who study abroad.
eers, he is against the call for limiting the number of climbers on Mount Qom、
langma amid reports about traffic jams caused deaths of many climbers. In this spr
ing season, eight climbers died and one went missing on Mount Qomolangma, according to Nepal’s Tourism Department.上海419论坛女神会所
But Lakpa does not agree that traffic jam was the main reason behind increased deaths on Mount Qomolang
上海419论坛ma this year. Instead, he blamed unfavorable weather condition, ill preparation and lack of experienced guides and climbers behind th
e increased deaths. “Many climbers don’t listen to guide’s suggestions not to climb despite their poor health and p上海419论坛女神会所
ressurize the guides to take them to the summit putting lives of both climbers and guides at risk,” said Lakpa.
One of Marvel’s first Chinese superheroes has blown into the United States上海419论坛
with the first English-language Aero comic book hitting newsstand shelves on July 3.
Some renowned comic book artists were invited to create various limited-edition covers for the superheroine’s debut, in whi
上海419论坛女神会所ch Lei Ling, a successful Shanghai architect, awakens one day to find that she possesses the ability to control air currents.
C.B. Cebulski, editor-in-chief of Marvel Comics, presented the English version of Aero to Chinese fans
for the first time at the 15th China International Cartoon and Game Expo, which kicked off in Shanghai on July 4.
Aero’s creator, Keng, also appeared at the expo’s Marvel booth to interact with fans.上海419论坛女神会所
Marvel also reveals that it plans to publish the other Chinese superhero comic title, Sword Master, in the US by the end of July.
Sword Master focuses on Lin Lie, a young Chinese student who finds an ancient artifa
ct that gives him incredible powers and unwittingly unleashes an ancient evil tied to his own family’s past.
“I’m tremendously thrilled and proud that we have had the opport
unity to work with talented Chinese artists to introduce new and unique heroes and to present an ev
en larger Marvel Universe to fans around the globe,” Cebulski said at the Shanghai event.
“For 80 years, Marvel stories have reflected the world outside the reader’s window. With larger-than-life heroes like Lin
Lie and Lei Ling, readers have been touched by their human spirit and have found a hero that inspires them.”