d protectionism, China will simplify procedures for both imports and exports and reduce customs clearance times, make full use

 上海会所品茶微信of statistical systems for cross-border e-commerce business and diversify the country’s export destinations.

Li said exports of high value-added mechanical and electrical products have maintained 上海会所

strong growth momentum in the first half of this year, boosted by the country’s ongoing industrial upgrading.

 上海会所品茶微信Year-on-year exports of portable computers rose by 11.4 percent, electronic passenger ca

rs rose by 91.9 percent and solar cells rose by 57.1 percent, according to customs officials, as

Chinese enterprises sought to tap more markets beyond traditional trade hubs such as the United States. 上海会所

Zhang Xiaoyi, vice-president of Guangdong-based Midea Group, one of China’s biggest home appliance manu

 上海会所品茶微信facturers, said the company has seen increasing sales in overseas markets in recent years. Last year, overseas sales rep

resented 43 percent of its total sales, and of these, half of the orders originated in economies involved in the BRI.

Trade with economies involved in the BRI outpaced total trade in the first half of this year, customs officials said, while imp 上海会所

orts from and export to BRI markets reached 4.24 trillion yuan. That represented growth of 9.7 percent year-on-y

 上海会所品茶微信ear, about 5.8 percentage points higher than overall trade growth, accounting for 28.9 of the country’s total trade.

Domestic sales also are on the rise, especially in high-tech products, given China’s industrial upgrades amid rising domestic demand.

Zhou Jialin, deputy general manager of Shengyi Technology Co, the world’s second-largest producer of copper-clad lam 上海会所

inate materials by production volume, said the city of Dongguan, Guangdong province, once was an exp

orter of low-end products. But now, export volume is not the only standard to evaluate a company’s competitiveness. 上海会所品茶微信

“Domestic demand from companies such as Huawei Technologies Co has increased, and a number of foreign com

panies have set up their factories in China to cater to domestic demand instead of exporting overseas,” Zhou said.

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The Chinese authorities’ ramped-up efforts to promote high-qualit

y development in the new energy vehicle sector, reflected by the most recent re 上海会所品茶微信

lease of an updated list on NEVs to enjoy exemptions of vehicle and vessel tax, will further help boost the healthy de

 上海会所velopment of the sector and also promote clean energy consumption, industry insiders said.

The vehicle and vessel tax, paid annually by car or ship owners, varies between hundre 上海会所

ds of yuan to thousands of yuan, depending on engine sizes and the capacity of vehicles or ships.

 上海会所品茶微信According to the latest list of NEVs and small engine vehicles to enjoy vehicle and vessel tax cu

ts that the Ministry of Industry and Information Technology issued recently on its website, vehicle and ve

ssel tax will be slashed completely for 444 types of NEVs and halved for 72 types of energy-saving vehicles. 上海会所

Moreover, the list has extended tax cuts to more NEVs compared with the previous list, and

 上海会所品茶微信makes higher requirements on the performance of the NEVs to be included, such as lower power co

nsumption per 100 kilometers, the increased energy density of battery packs, and a higher cruising range, a

cording to Cui Dongshu, secretary-general of the China Passenger Car Association. 上海会所品茶微信

“The new list mirrors the progress of China’s NEVs, especially in key perfo

 上海会所rmance indicators, and such progress is driven by incentives from the Chinese authorities,” Cui said.

“It is obvious Chinese NEVs have been making remarkable progress in high-quality development, and this will continue.”

The Chinese authorities announced cuts in vehicle and vessel tax on vehicles and ships that use new energy or engines 上海会所品茶微信

smaller than 1.6 liters as early as in 2012 and 2015, in a bid to save energy and combat pollution.

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d Road Initiati上海会所品茶微信ve to Africa, he said, adding that both partners should respect market pri

nciples and ensure economic and social benefits to improve the continent’s capacity for sustainable development.

Wang said more than 880 cooperation projects will be carried out in the next three years.

In a news conference on Tuesday afternoon, Vice-Minister of Com

merce Qian Keming said that in their next step, China and Africa will carry out capacity-buil

ding cooperation and promote infrastructure, trade and investment cooperation. China will increase imports fro

m Africa to ensure the continent shares in the huge Chinese market, he added.

Ugandan President Yoweri Museveni said the eight major initiatives have helped address the de

velopment challenges facing African countries and will help guide their cooperation in the right direction.

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strong and popu上海会所品茶微信lar enough and able to connect with European citizens

who showed the highest turnout in 20 years in the elections for the European Parliament in late May.

“They should be able to work in an efficient manner with world leaders and be strong enough to galvani

ze worldwide support. We live in a very challenging world, and Europe needs strong and effective leadership,” Islam said.

There have been major disagreements between leaders of the two major member states. German Chancellor Angela Merkel favors the process of lead candi

date, known as Spitzenkandidaten in German. She supported Manfred Weber, the lead candidate of the center-ri

ght EPP, the largest bloc in the European Parliament, a bloc of which Merkel is a member.

But French President Emmanuel Macron and some other EU leaders oppose Weber to replace Jean-Claude Juncker as president of European Commission.

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hina Petrole上海会所品茶微信um and Chemical Corp, the world’s larg

est refiner by volume, has agreed to establish a joint venture with Russia’s Novatek and Gazp

rombank to market natural and liquefied natural gas (LNG) in China, Sinopec said on Thursday.

The agreement, which aims to sell LNG produced by Novatek in the Arctic, was signed fo

llowing talks in Moscow between Russian President, Vladimir Putin, and Chinese President, Xi Jinping.

The agreement will be of considerable economic and social benefit an

d will further diversify China’s natural gas imports, while meeting ever-increasing ga

s demand in the country, said Dai Houliang, China Petrochemical Corp president.

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r adding CBD to food is prohibited. Only one drug containing CBD has been approved by t

he FDA-Epidiolex-which is used to reduce seizures related to a rare form of epilepsy.

“There is still a lot of research that’s needed to provide definitive answers,” Yasmin Hurd, a

neuroscientist who directs the Addiction Institute at the Mount Sinai School of Medicine, told CNN. He said

the benefits of using CBD to help treat anxiety, pain, and substance abuse have been “promising” so far.

The FDA hasn’t decided how to regulate CBD products. The agency

held its first public hearing on the legalization of CBD on Friday.

But it isn’t holding back on overseeing CBD-infused products or enforc

ing its regulations. “We’ll continue to closely scrutinize products that could pose risks to con

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el more frequently, and enable them to have higher budgets for spending on accommodati

on and destination entertainments,” said Sun Peiming, director of e-commerce at Sichuan Airlines.

Last year, along with graduate students, there were 37 million enrolled college students in the country,

according to the National Bureau of Statistics. In 2018, students registered on Qunar flew 4.4 time

s annually on average, higher than the average of 3.45 times nationwide, according to the company.

“Low prices have a decisive impact on their choices. Compani

es that provide cheaper options will attract more students and gain the initiative in seizing tho

se future backbone consumers,” said Liu Simin, a researcher at the Beijing Foreign Studies University.

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uarter, which represented the 14th consecutive quarter in the 6.4 percent to 6.8 percent range.

The country added 4.59 million urban jobs in the first four months, with total imports and expo

rts up by 4.3 percent year-on-year and its foreign exchange reserves remaining above $3 trillion.

Xi said there will be ample factors to reinfo

rce the steady, healthy and sustainable growth of the Chinese economy.

The president called the country’s large pool of resources a primary factor. C

hina has a population of nearly 1.4 billion, a 900-million-strong workforce, the w

orld’s largest middle-income population and over 100 million market entities.

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eign exchange reserves at $3.095 trillion at the end of April. The reserve amount was stable, altho

ugh it slightly retreated from $3.098 trillion at the end of March, according to the State Administration of Foreign Exchange.

Li Yang, director of the National Institution for Finance and Development of the Chinese Academy

of Social Sciences, said that China is unlikely to sacrifice foreign exchange reserves to de

fend its currency, even if depreciation pressure rises amid any escalation in trade tension.

In May, the offshore RMB exchange rate against the US dollar dropped more than 3 percen

t under market pressure as global investors worried about the escalation of trade friction.

Guo Shuqing, Party secretary of the People’s Bank of China, the central bank, said on Monday that higher US tariffs on Chin

a’s imports triggered financial market volatility, and this also affected the offshore RMB.

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hina Eastern Airlines confirmed to news outlet The Paper on Tuesday it has

officially lodged claims with Boeing for losses cause

d by the 737 MAX’s grounding and late delivery, adding the two companies will stay in communication over the issue.

The move makes China Eastern Airlines the first airline in China to ask Boeing for compensation, as the 737 M

AX suffered worldwide suspensions after two deadly crashes which took more than 300 lives in six months.

Fourteen Boeing 737 MAX jets under China Eastern Airlines have been grounded since March 11.

Boeing stressed that it refused to talk about any communications with its clients.

Bloomberg cited people with knowledge of the matter last Wednesday, saying

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