Category Archive上海品茶微信

Those earnings mark a s 上海品茶微信th China’s lower-tha

-than-expected box office market. The National Radio and Television Administration said box

-office revenue hit 31.17 billion yuan in the first half of 2019 in China, down 2.7 percent year-on-year. 上海品茶微信女神会所

To Athanasopoulos, Chinese audiences’ increasing demand for blockbusters and higher-re

 上海品茶微信solution screens is part of the reason why premium film screenings are welcome.

“We saw strong demand in blockbusters, not only those (from) Hollywood but also Ch

inese-language films, which are increasingly welcomed by Chinese audiences.” 上海品茶微信女神会所

Athanasopoulos was talking about the science-fiction hit The Wandering Earth during the Spring Festiv

 上海品茶微信al holiday. IMAX China’s bet on the film garnered earnings of over 300 million yuan from the box office.

“We see that continuing to happen in the future … and that’s part of the

reason why we made an expansion plan to tap China’s fast-growing premium film scree 上海品茶微信

ning market, which we think is taking up a larger share of China’s overall box office market,” he added.

 上海品茶微信女神会所IMAX China’s move to expand came amid growing concerns China is tempering demand for films.

Chen Shaofeng, a professor in culture and entertainment at Peking University, sa

id although IMAX China set an expansion plan, the amount of new cinema 上海品茶微信

s (40) still seems to be modest. “The overall market performance might be an influence,” he added.

“The lower-than-expected box office performance this y 上海品茶微信女神会所ear is partly because of a drop in cin

ema visits, particularly in third-and lower-tier cities where demand is weakening,” Chen said.

A rough industry estimate from entertainment analysi

 上海品茶微信s website Dengta under online ticketing platform Taopiaopiao show

s cinema visits slumped by nearly 100 million to around 807 million in the first half of this year.

“On one hand, rising ticket prices prevent many people from visiting cinema 上海品茶微信女神会所

s, as cinemas stopped selling cheap tickets at 9.9 yuan or 19.9 yuan,” Chen said.

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However, this seems 上海品茶微信nlikely since very little

preparatory work has been done in advance of the G20 meeting between the two leaders,” Lach

 上海品茶微信man said. “The most that I am expecting from this meeting is an ag

reement to continue talking and agreeing to a schedule for future meetings.”

“If that proves to be the case, markets could be disappointed,” he said.

Douglas Paal, vice-president for studies at the Carnegie Endowment for International Pe 上海品茶微信女神会所

ace, told Xinhua that if there is agreement to keep talking, “Wall Street should be happy.”

“But I think Trump is more invested in the talks failing and helping with the 2020 elect 上海品茶微信

ons, than in having to defend any agreement under Democrats’ attacks,” Paal said.

 上海品茶微信女神会所The shared accommodation boom is sweeping across China, with transaction volume rising 37.5 percent year-on-year to 16.5 billion yuan  ($2.4 billion) in 2018, a new report said on Tuesday.

The report, released by the State Information Center, shows the country’s main shared accommodation platforms offered 3.5 million housing units in nearly 500 cities last year.

Chengdu, Sichuan province topped all other cities in terms of the number of active users, followed by Beijing, Shanghai, Chongqing and Xi’an in Shaanxi province.  上海品茶微信女神会所

According to the report, second- and third-tier cities are accelerating the push to embrace shared accommodation services that offer short-term low-cost lodging.

Lijiang in Yunnan province, Qinhuangdao in Hebei province and Guilin in Guangxi Zhuang autonomous region have seen signi 上海品茶微信女神会所

ficant jumps in the number of short-term lodging platforms’ stayed nights, rising 650, 600 and 300 percent in 2018 respectively.

The report noted an increasing number of young people prefer to start a business in platforms that offer shared accommo

dation, as 70 percent of major shared accommodation platforms hosts were born in the 1980s and 1990s.

Specifically, more females prefer to be a host on those platforms, occupying 60 percent of the total on main shared accommodation platforms.

Vacationing with pets is a new trend in the market, the report said. More than 40 percent of sh

ared accommodation users have pets, among which 66.7 percent prefer taking pets on vacation.

The report came as the nation’s sharing economy marches into a new stage, where quality matters more than expansion speed. The report said the an

nual growth rate of the shared accommodation market is expected to remain around 50 percent over the next three years.

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The 5.1 percentage point growth of leverage ratio is

s out of ou上海品茶微信女神会所r expectations, and it was maintained because of countercyclical policies,” said Zhang Xiaojing, a senior economist with the CASS.

But the deleveraging process should continue, and more measures will be introduced to ease the debt burden, especially

for the private sector, said Lian Weiliang, deputy head of the National Development and Reform Commission.

One of the key measures is to further promote the debt-to-equity s

wap program, to inject more social funds into indebted companies through holding the co

mpanies’ shares, the NDRC official said. “We will choose more qualified private companies to join this program.”

By the end of April, the total value of debt-to-equity swap reached 2.3 trillion yuan ($332.8

billion). More than 20 percent was for the centra上海品茶微信女神会所l State-owned enterprises, inclu

ding China Baowu Steel Group Co Ltd, State Power Investment Co Ltd, and China Shipbuilding Industry Corp, acc

ording to data from the State-owned Assets Supervision and Administration Commission.

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HiSilicon, which was founded in 2004, has designed chip

ipsets like Kirin, which has been used in Huawei’s high-end smartphones. In addition to server chips, th

e company has also developed chips for base stations, basebands and chipsets powered by artificial intelligence.

“From chips to its self-developed operating system, Huawei has

long been preparing for independent research and development in core technologies. It has the abil

ity to adjust to changes in the global market,” said Xiang Ligang, director-general of the Information Consumption Alliance.

Huawei has also made preparations with core chipsets. Existing s

tocks are thought to provide the company with a buffer of six months to a year, he said.

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producers or US-based designers. For example, China ma

akes less than $9 from each iPhone. The total price of a phone is ridiculously counted as a Chinese export to the US.

It’s a good thing that China is no longer a low-wage country. Most Chinese are much better off than they were even 10 ye

ars ago. But it does mean that these low-skilled, labor-intensive industries will be moving to less-developed nations. US t

ariffs on such products will only serve to hasten the transition to higher value-added industries that China has to make anyway.

Roughly 20 years ago, when China’s admission to the World Trade Organiz

ation was being negotiated, China’s economy was tiny as a portion of world GDP. It was clearly a poor, less-deve

loped country that, except in a few areas, was not able to compete with Western companies in high-value-added products.

As Alexander Hamilton, the first US Treasury secretary, argued, a dev

eloping country may need to protect its “infant industries” from already established foreign

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Xi’s speech on opening-up is well receivedpolicies

President lays out proposals to encourage foreign investment, guarantee fair competition

The measures that President Xi Jinping recently proposed to encourage foreign investment and further opening-up in Ch

ina are welcome developments that address the international community’s concerns, according to experts.

“The promises made are very positive, and all of them are helpful,” William Over

holt, senior research fellow at Harvard’s Kennedy School of Government, said of Xi’s keynote speech at the

opening of the Second Belt and Road Forum for International Cooperation in Beijing.

Xi brought up a series of reform and opening-up measures, including expanding market acce

ss for foreign investment in more areas and working harder to ensure the implementation of opening-up policies.

China’s pledges included shortening its negative list for foreign investments, opening up more sect

ors to foreign businesses, guaranteeing fair competition and planning new free-trade zones and ports.

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Venezuela’s ANC president calls for defending govt

Venezuela’s National Constituent Assembly (ANC) President Diosdado Cabello called on the Venezuelan people to “d

efend” the government of President Nicolas Maduro on Tuesday before the alleged coup occurred earlier.

“We invite all the people of Caracas, come to the Miraflores Palace (seat of government) immediately,” said Cabello.

Speaking to the television station VTV, Cabello said that from the “first hour” of Tues

day, President Maduro was checking and reviewing everything that had happened.

“We are already taking corresponding actions. They are fully identified. There are the sa

me coup leaders as always, those who do not respect the rules of democracy,” Cabello said.

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NPC reviews Securities Law amendmentdamental law governin

Country may soon adopt revision to pave way for capital market reform

The top legislature deliberated on the draft revision of the Securities Law over the weeke

nd, signaling China may soon adopt the revision to pave the way for key capital market reforms, experts said.

On Saturday, the draft revision was submitted to a bimonthly s

ession of the Standing Committee of the National People’s Congress for a third reading, Xinh

ua News Agency reported. The session began on Saturday and continues through Tuesday.

Revision of the fundamental law governing the capital market h

as lasted for six years, with 2015 and 2017 having seen readings of two draft versions.

“The latest draft version is of great importance because it will provide legal grounds for the registration-based initial pub

lic offering system-a key reform that China’s capital market has been awaiting for years,” said Dong Dengxin, director of th

e Finance and Securities Institute at Wuhan University of Science and Technology.

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China’s trade with the US amounted to 815.86 billi

on yuan ($121.7 billion) between January and March, a decrease of 1

1 percent year-on-year, according to the General Administration of Customs.

In March, Sino-US trade climbed 0.1 percent to 291.35 billion yuan, the administration said.

Li Kuiwen, spokesman for the customs authority, said trade tensions between the two cou

ntries have had certain impacts on companies’ operations, but the impact is “generally controllable”.

Li said economic and trade cooperation remains the ballast of Sino-US re

lations, and he is hopeful that China and the US will achieve mutually beneficial results.

China’s economy, despite headwinds, has enjoyed a good start in 2019, and the country

has the confidence to achieve the annual projected growth goal, said the nation’s top economic regulator.

Yuan Da, spokesperson with the National Development and Reform Commission, said the

first quarter’s stable economic development has laid a solid foundation for annual growth.

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AI major now available at universitiesigence-powered

Universities in China will welcome the first group o

f undergraduate students majoring in artificial intelligence in September.

According to a list issued by the Ministry of Education, 35 universities received approval to establish th

e four-year undergraduate AI-related majors amid the country’s drive to build a strong AI talent pool.

They include many prestigious universities such as Beijing Jiao

tong University, Beihang University, Nanjing University and Xi’an Jiaotong University.

Lin Youfang, vice-dean of the School of Computer and Information Technology at Beijing Jiaotong University, said the scho

ol plans to enroll about 30 undergraduate students majoring in AI in September.

There might be more students majoring in AI who transfer from other m

ajors through a selection process if the new major proves to be successful, he said.

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