Tag: 千花网上海老三队

In the past several months, China has announced and

started to implement a “negative list” program that allows foreign co

mpanies to have 100 percent ownership in investments in all areas of the economy, excep

t for a small number of areas, such as telecoms and defense, that are explicitly prohibited.

Also, foreign investment has been simplified by creating a one-stop regulatory shop and a single application process.

These new policies will lead to greater competition within China, forcing C

hina’s companies to become more efficient and to produce higher quality products.

The Chinese government has also recently announced tax cuts and financial regulations desi

gned to help private companies. This will hasten the ongoing transition to a market-driven economy.

Most Chinese State-owned enterprises are not relevant to trade negotiations. Many are in non-tradable sectors such as p

roperty development, infrastructure, or concrete. Others are basically public utilities in telecoms or power.

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As the world’s second-largest movie market with a grow

th rate of more than 9 percent three years in a row, the Chinese film market is extreme

ly open and inclusive with outstanding movies from around the world, fine works of Hollyw

ood in particular, being screened in China even before they are shown in other countries.

This shows China’s decision to open up its film market in the trough in 1995 was absolutely right. Since then the quota for Hollywo

od movies has been significantly raised from the initial 10 films a year. The opening up of the Chinese movie ma

rket proves that the more open and inclusive a film market is, the higher the number of good films it will generate o

wing to the active and beneficial exchanges with the world’s most advanced filmmaking countries.

The remarkable performance of about a dozen Chinese movies in recent

years makes it clear that well-made films that showcase Chinese culture and touch Chin

ese people’s hearts could not only become smash hits but also help spread Chinese culture. Which g

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Overholt said “the list of issues that President Xi has

addressed are the issues that the business community is concerned about”.

“It is excellent that President Xi recognized some problems,” especially those associated with its Belt and Road Initi

ative, such as transparency and corruption, said Craig Allen, president of the US-China Business Council.

Experts also were interested in how the reform policies and laws would be implemented, something Xi addressed in his speech.

“People are very positive about the direction, but they need to

know the details” of how the promises would be delivered, Overholt said.

Xi, citing the old Chinese saying “honoring a promise carries the weight of gold”, pledged to install a binding mec

hanism for international agreements, to make sure governments at all levels operate in well-regulated wa

ys, and to update laws and regulations to abolish unjustified practices, keeping in line with the needs of opening-up.

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China mulls amendment to securities lawendment to the

A draft amendment to the Securities Law was submitted Saturday to a bimonthly session of the

National People’s Congress Standing Committee, China’s top legislature, for a third reading.

The latest revisions to the law include rules on the newly-devised science and technology inn

ovation board, which will pilot a registration-based initial public offering (IPO) system.

Under the current IPO system, new shares are subject to ap

proval from the China Securities Regulatory Commission before being listed.

Other revisions in the draft are made in light of new p

rogress of reforms and new developments of the capital market.

A draft amendment to the law was previously submitte

d to the top legislature for first reading in April 2015, mainly

to meet the legislative demand of reforming the IPO system toward a registration-based one.

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If Britain receives competing extradition requests, law

yers say the Home Secretary would have some leeway in deciding which takes priority. Considera

tions would usually include which request came first, and which alleged crime was more serious.

Most of the lawmakers who signed the letter are from the opposition Labour Party, whose leader, Jere

my Corbyn, wants Britain to refuse to send Assange to the US After Assange’s arrest, he prai

sed Assange for exposing US atrocities committed in Iraq and Afghanistan.

Some Conservative Party members are also backing the move. Prom

inent lawmaker Alistair Burt, a former Foreign Office mini

ster, said the “minimizing of the issues in relation to sexual assault are really quite disturbing.”

He said the testimony of the women who have been involv

ed makes it “essential” that Assange face justice to either be cleared or convicted.

Assange, 47, has denied the sexual misconduct allegations, which he claims are politically motivated.

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Xu said the country’s urbanization may hit 70 percent by

“China’s urban development should take the road of sustainable development,” Xu said. “We sh

ould pay more attention to green city construction, green industrial development and low-carbon energy-saving de

velopment. And we should also ensure that migrant workers have the same social rights as native residents.”

The NDRC proposed the introduction of various monetary policies to reso

lutely curb the rise in hidden local government debt, encourage commercial financial institut

ions to appropriately increase the credit supply and support qualified enterprises to issue bonds for financing.

To implement the new urbanization tasks, China will improve the appro

priate positioning of different cities in various fields, develop high-end manufacturing and p

roducer services in big cities and guide small and medium-sized cities to consolidate manufacturing centers.

Xu Lin said with rapid urbanization, 80 percent of China’s urban citizens will live in some 20 city clusters in the future.

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In June 2018, Oppo launched its high-end smartphone mod

Find X in Paris, marking its official foray into Europe. As of January, it had entered nine European markets, including Italy, Spain, and the United Kingdom.

Wu Qiang, who is in charge of Oppo’s overseas business, said the company is not adopting an aggressi

ve strategy in overseas markets. Instead, it strictly follows CEO Chen Mingyong’s principle of “eating rice bite by bite”.

“We will only enter the next market after doing a good job in existing markets,” Wu said.

Oppo’s intensified interest in foreign countries came after the Chinese sma

rtphone market hit a saturation point, with shipments declining for several quarters.

From September to December of 2018, smartphone shipments in China plunged almost 10 pe

rcent year-on-year, according to data from market research company International Data Corp or IDC.

Though Oppo outgrew the industry average to achieve an annual expansion rate of 1.5 pe

rcent in that time-frame, there is still a pressing need to look for new opportunities, Wu said.

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China offers tax relief to overseas talent working in Greater

  Based on the individual income tax differentials between the Chinese mainland and

Hong Kong, overseas high-end talent and professionals in short supply that work in the Greater Bay Area will g

et subsidies from Guangdong province and Shenzhen municipality to offset the differentials, according to the MOF.

  The subsidies will be exempt from paying individual income tax.

  The policy, effective from January 2019 to the end of 2023, applies to nine cities in Guangdo

ng — Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing, the ministry said.

  It said the move aimed to encourage the development of the Guangdong-Hong Kong-Macao Greater Bay Area.

  Consisting of the Hong Kong and Macao special administrative regions and the nine cities in

Guangdong, the area covers 56,000 square km. It had a combined population of about 70 million at the end of 2017.

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Trump also, as he often does, used his position to slyly sh

  out out one of his businesses, in this case, a golf course in Ireland.

  ”I have a very warm spot for Doonbeg, I will tell you that and it just a great place really.”

  While praising Ireland, Trump promptly switched to a characteristic boast about his own

success, his management of the economy and how he held “all of the records … every single record for the stock market.”

  Trump’s obsession with Obama — a defining characteristic — appeared like a nerv

ous tick twice in his photo-op, twinned with a willingness to spout untruths.

  First, he claimed that the former President had predicted in 2016 that British vote

rs would reject leaving the European Union in a referendum while he had predicted they would vote to exit the bloc.

  Obama did not bet on the outcome. But he did however warn Britons they would go “to the back of the queue” for a trade deal with the US if they left the EU.

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North Korea’s coal sales have historically been some of

  the country’s most valuable exports. UN sanctions meant to punish Pyongyang for its 2017 missile

and nuclear tests put a cap on the amount of coal the country was allowed to sell internationally. The mea

sures also capped the amount of oil and energy products the country was allowed to import.

  The report accused banks and insurance companies across the wor

ld of “unwittingly” facilitating and providing “coverage for vessels involved in ever-lar

ger… illegal ship-to-ship transfers of petroleum products, and an increasing number of ship-to-ship coal transfers.”

  It added that North Korea “has attempted to supply small arms and light weapons and other military equipment to Hou

thi rebels in Yemen, as well as to Libya and the Sudan, via foreign intermediaries.”

  North Korea has long sought the removal of UN sanctions and portrayed the measures as violations of its sovereignty.

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