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Based on the published da上海乌托邦ministry, students

 from financially strapped families were subsidized for nearly 100 million times in 2018. Taking higher educa

tion as an example, subsidies were offered 43.88 million times last year, amounting to 115 billion yuan in total.上海乌托邦

Zhao Jianjun, deputy director of the finance department of the Ministry of Education, said that the State Council has approved prog

上海乌托邦品茶微信rams of scholarships in higher and secondary vocational education. The programs came into effect early this month.

The United States has launched a Section 301 investigation into the digital services tax of the上海乌托邦

Government of France, the Office of the US Trade Representative (USTR) announced on Wednesday.

China took the second spot in the world’s top 10 richest countries, with priv上海乌托邦品茶微信

ate wealth reaching $23.6 trillion in 2018, a 130 percent surge over the previous year, ac

cording to Global Wealth Migration Review 2019, published by the research company New World Wealth.上海乌托邦

The US remains the world’s wealthiest country, with private wealth valued at $60.7 trillion in 2018.

上海乌托邦品茶微信The report said the global private wealth jumped to $204 trillion in 2018, and the world’

s top 10 richest countries’ private wealth accounted for 74 percent of global private wealth.

Let’s take a look at the richest countries in the world.上海乌托邦

“The United States is very concerned that the digital services tax which is expected to pass the French Senate tomorrow un

fairly targets American companies,” USTR Robert Lighthizer said in a statement.

上海乌托邦品茶微信”The President has directed that we investigate the effects of this legislation and determine whether it is discr

iminatory or unreasonable and burdens or restricts United States commerce,” Lighthizer said.

According to the USTR’s Office, France’s proposed 3 percent tax woul上海乌托邦品茶微信

d hit global tech companies with total annual revenues from the covered digital se

rvices of at least 750 million euros (844 million US dollars) globally and 25 million euros in France.上海乌托邦品茶微信

“The structure of the proposed new tax as well as statements by officials suggest that France i

s unfairly targeting the tax at certain US-based technology companies,” the USTR’s Office claimed.

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The US’ policy to contain 上海乌托邦evident in the way

 it has hyped up the problems in Xinjiang. Some American people and organizations have openly suppor

ted the separatist “East Turkistan Islamic Movement” in China through political and financial hel 上海乌托邦品茶微信

p, and by disseminating its separatist ideas through publicity and diplomatic channels in the disguise of human rights an

 上海乌托邦d freedom. No wonder they call white black and assume the measures China has taken in Xinjiang to fight terrorism, se

paratism and extremism and improve public welfare are human rights violations.

President Xi Jinping and his US counterpart Donald Trump may have agreed at the G20 summit in Osaka to resu 上海乌托邦品茶微信

me trade negotiations, but the path to ending the trade war remains far from clear. After all, the two leaders had rea

ched a similar agreement at the G20 summit in Buenos Aires in December 2018 and that agreement ultimately fail

 上海乌托邦ed, not least because the United States administration mistook China’s conciliatory attitude for weakness.

Whether the US administration makes the same mistake this time remains to be seen. In any case, it is worth considering how t 上海乌托邦品茶微信

he trade war might unfold over the coming months and years – and what China can do to protect itself.

US has not withdrawn tariffs it imposed earlier

 上海乌托邦Import tariffs may, for the foreseeable future, remain steady – neither es

calating nor being rolled back. The agreement in Osaka kept the US administration from foll

owing through on its threat to impose additional tariffs on $300 billion worth of Chinese goods. But it did nothing to re 上海乌托邦品茶微信

verse past measures, such as the 15-percentage-point tariff hike, to 25 percent on $200 billion worth of Chinese p

roducts that the US implemented after the 11th round of talks broke down in May. 上海乌托邦

While these tariffs have not yet had serious consequenc

 上海乌托邦品茶微信es for China’s economy, their effects are likely to deepen over time. But China may succeed in per

suading the US to remove them – or, at least, not raise them further – if it refrains from retaliating with tariffs of its own 上海乌托邦

on US goods. Instead, China should focus on reducing its bilateral trade surplus with the US on its own terms. It is incr

easingly clear that the US tariffs have done more damage to American businesses and consumers than to China’s. 上海乌托邦品茶微信

The US wants to create among Belt and Road partner countries doubt

s about the situation in Xinjiang, which is a core region on the Silk Road Economic Belt, and

thus dissuade them from participating in the Belt and Road Initiative.

Some American politicians and media will continue to proclaim

the US as the judge of the world and infringe upon other countries’ sovereignty. They are also ex

pected to hype up the Tibet issue and Taiwan question, even the Hong Kong issue. In fact, their involvement in the

recent protests against the amendments to Hong Kong’s extradition laws is cl

ear. But as a Uygur saying goes, camels march on as usual even when dogs bark furiously.

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Upgraded bilateral project上海乌托邦portant role in bay area

The Sino-Singapore Guangzhou Knowledge City is getting

bolder in its reforms and experimentation, following an official upgrade centering on its ambitio上海乌托邦女神会所

ns to be a world-class knowledge city, an outstanding source of innovation in the region and a global talent magnet.

According to a framework agreement signed by the Chinese and Singaporean governments on Mo上海乌托邦

nday, the iconic Sino-Singaporean collaboration project based in Guangzhou, capital of South China’s

上海乌托邦Guangdong province, was officially elevated to the status of a State-level bilateral project.

Both governments pledged in the agreement that they will use the project to deepen coopera上海乌托邦

tion in the fields of technological innovation, advanced manufacturing, artificial intelligence, int

上海乌托邦女神会所ellectual property protection, smart city construction and urban management.

According to official figures, 1,216 companies have registered with SSGKC since 2010, with an

aggregate registered capital of 125.8 billion yuan ($18.1 billion) and about 91 billion yuan in fixed assets.上海乌托邦

Industry insiders said companies registered with SSGKC, especially those in the sector of biomedic

ines – including General Electric, BeiGene and Innocare – will see explosive growth once they are p上海乌托邦女神会所

ut into operation in the next two years and will make the community a global rising star in its field.

上海乌托邦Shortly after the agreement, the Guangzhou government said in a press release that as a model for a city’s

knowledge economy, SSGKC will undertake more innovative reforms and measures to make itself Guangzhou’s top in

vestment destination for global enterprises and an ideal place for them to develop.上海乌托邦女神会所

Companies in the knowledge city will also enjoy incentive policies that the c

ountry has gradually rolled out for the pilot free trade zones and will work together to cre

ate a model for the integration of advanced manufacturing with free trade, according to the local government.

The knowledge city is seeking approval from higher-level authorities

to launch 18 innovation policies, across the fields of intellectual property, financial services, foo

d and medicine supervision, and for the construction of key platforms, the press release said.

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During Li’s visit to Jap上海乌托邦o sides signed docum

ents in areas 上海乌托邦such as cultural exchanges, medical care and public health, service trade, third-party mark

上海乌托邦女神会所et cooperation and building sea and air communication mechanisms, some of which have already yielded results.

And when Abe visited China, 12 cooperation documents-two agreements and 10

memorandums of understanding-and 52 documents on the Belt and Road Initiative were signed between the two governments, and companies and or上海乌托邦

ganizations from either side. These documents and cooperation projects on infrastructure facilities, logistics, inf

ormation technology and finance have laid the basis for upgrading China-Japan relations in the new era.上海乌托邦

However, to develop Sino-Japanese relations in a way that meet the requ

irements of the new era, some principles and guidelines have to be followed.

上海乌托邦Politically, the two sides should abide by the principles enshrined in the four political doc

uments inked by the two governments, and ensure the two sides are cooperation partners, not a threat to ea

ch other. Exchanges and coordination at all levels, particularly those between the leaders, should be strengthened to de上海乌托邦女神会所

epen mutual trust and help Sino-Japanese ties to evolve on a friendly and cooperative track.

On the economic front, the two sides should deepen cooperat

ion in investment, third-party markets, technology and innovation so as to boost mu上海乌托邦女神会所

tual economic growth and promote regional economic integration, including accelerating the regional economic coop

eration negotiation process, encouraging enterprises to increase investments in each other’s country and bu上海乌托邦女神会所

ild a fair, nondiscriminatory and predictable business environment for companies from both sides.

The cultural bonds between the two countries need to be further strengthened. And the two sides should expedite t

heir efforts to promote youth exchanges and people-to-people engagement in order to deepen mutual un

derstanding. It is good to see that the two governments have decided to take the 2019 China-Japan Youth Exchange Pro

motion Year as an opportunity to initiate senior-level cultural exchanges to bring the two peoples closer.

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Expectation of Fed ra上海乌托邦s an over-reaction

Herd instinct is the human nature to follow the crowd and act collectively – and market expectation always does not change smoothly but t

上海乌托邦ends to over-react to new information. The current market expectation of the US Federal Reserve’s rate cuts is a case in point.

On June 20, the latest meeting of the Fed’s policy-setting Federal Open Market Committee shrugged off the market’s high expectation of rate cuts and gave no clear policy signal confirming a cut.

We believe the market had overreacted in forming its expectation of rate cuts after the Fed swiftly adopted a dovish tone from the end of last上海乌托邦

year. Specifically, we believe market expectation – it has formed since May – of a change in policy stance, as well as the timing and degree of rate cuts, may not fully materialize.

We will elaborate on this now. It should be noted the misconceived expectation of Fed rate cuts could ind上海乌托邦

uce a drastic reversal in investor sentiment and asset price fluctuations, if the Fed’s moves miss expectation.

Firstly, the market may have overestimated the degree of the Fed’s policy stance change. A clear rate cut signal may not emerge until the end of this month.上海乌托邦

According to Bloomberg, the Fed funds futures market has recently priced in a 98.5-percent chance that the Fed will lower rates at least once this year.

上海乌托邦品茶微信However, the Fed’s earlier forward guidance only indicated the end of monetary policy n

ormalization, which does not necessarily point to the beginning of a rate cut cycle. Also, the Fed h

as removed the word “patient” from the latest FOMC meeting statement but did not confirm a rate-cut stance.

We believe that because of the following two reasons, the Fed is still on cautious lookout, and t

here will not be any clear rate cut signal or plan until the next FOMC meeting at the end of this month.上海乌托邦品茶微信

Externally, the Fed is expected to stand pat until trade dispute uncertainties ease, to give itself an advantage in its game with the US Administration.

The Fed would put itself in an unfavorable position if it initiated a rate cut before majo上海乌托邦品茶微信

r uncertainties over the China-US trade dispute are removed, because the pre-emptive move may enc

ourage the US Administration to escalate the trade dispute, which will in turn pose a dilemma to the Fed.

That’s because any escalation in trade tensions will, on the one hand, d

ssipate and even offset the easing boost from rate cuts and force the Fed to accelerate the上海乌托邦品茶微信

rate cut pace. On the other hand, the escalation could further fuel imported inflation, which will significantly reduce the

Fed’s room for rate cuts. The Fed will then face a policy-making dilemma of whether to further cut rates.

www.shejio.org

dancers pose for a group photo on theSpanish Day at

For anyone interested in Spanish and the vibrant cultures of the Spanish-s

上海乌托邦peaking world, the annual Spanish Day is a real feast that certainly cannot be missed.

As a traditional open day of the Beijing arm of the Cervantes Institute, a Spanish cultural center, the Spanish Day is celebrated to honor learners, lovers and promoters of Spanish, the world’s second most spoken native language.上海乌托邦

Held on June 22 this year, the event featured young soccer players and Spanish learners who staged a medley of sports and artistic performances. In addition, as a prelude to the exhibition Writer Picasso, those young participants also created a mega-sized mosaic artwork as a tribute to the Spanish master.上海乌托邦品茶微信

Supported by the embassies of Spanish-speaking countries such as Uruguay, Mexico and Argentina, the 12-hour-long open day sh上海乌托邦

owcased how diverse and intriguing the Spanish culture is through dance performances, film screenings, concerts, foods and more.

Construction of the second 330-meter-tall tower for one of the world’s largest cable-stayed bridges was completed in East China’s Jiangsu province on Thursday.

上海乌托邦品茶微信The 11,072-meter-long Hutong Yangtze River Bridge, linking the cities of Nantong and Suzhou, is de

signed with a main span of 1,092 meters, making it the world’s first road-rail cable-stayed bridge with a span over 1,000 meters.

Ning Chaoxin, with the China Railway Major Bridge Engineering Group Co., Ltd (MBEC), the project’s contractor, said the two c上海乌托邦品茶微信

able towers are the key force structure of the bridge. The longer the bridge spans, the higher the cable tower needs to be.

To ensure the shipping on China’s busiest waterway, the bridge is designed to have a longer span. About 73,000 cubic meters of concrete

and 11,000 tonnes of steel bars were used to build each tower, whose height is equivalent to a 110-storey skyscraper.

Ning said the huge construction volume is required so that the bridge can withstand

violent typhoons, magnitude-8 earthquakes and impacts from the collision of a 100,000-tonne ship.

The bridge will have a 6-lane expressway on the upper deck and four railway tracks on the lower deck.

The track laying on the bridge will start in January 2020, according to MBEC. The bridge is expected to ensure the river shipping on the Yangtze, while easing the roa

d and railway traffic pressure in the Yangtze River Delta region, China’s economic powerhouse.

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He said that colla上海乌托邦品茶微信mon developmen

t by China and上海乌托邦品茶微信 Africa will underscore important contributions to strengthening the power of developing coun

tries, building of a new type of international relations and creating a community with a shared future for mankind.

The two-day meeting was attended by about 500 delegates, including more than 80 ministerial officials from 53 African countries and the African Union.

State Councilor and Foreign Minister Wang Yi said at the opening ceremony that Beijing’s coop

eration with the continent is different from that of traditional powers. For some time, some outsi

de forces have tried to slander and undermine China-Africa cooperation by fabricating accusations of neocolonialism an

d so-called debt traps, which are totally groundless and not accepted by the African people, he said.

Such attempts constitute a total lack of respect for Africa, a lack of understan

ding about China and an absence of knowledge about the friendship between the two, he said.

oxkinp.cn

tional Museum of 上海乌托邦女神会所all-encompassing expe

For example, wh上海乌托邦女神会所en the show was staged in the Basilica of San Giovanni Maggiore in

Naples, Italy, in 2017, Iacampo’s team used 3D scanning and mapping techniques to match their desig

ns to the interior of the historic structure, replicating their column designs with the real ones in the church.

Also on show at the exhibition at the National Museum of China is a re-creation of the su

bject of Van Gogh’s noted painting, Room at Arles. The painting depicts his bedroom, one of sev

eral rooms he rented in the building known as the Yellow House in Arles, southern France.

The painting is striking because of the contrast between its bright colors and sharp angles. The roo

m is also a testimony to a meaningful period in Van Gogh’s career: Not only did he aspire to m

ore freedom to his painting in Arles, but also, he invited his painter friend Paul Gauguin to stay and work with him. The

relationship between them gradually became tense and ended in tragedy when Van Gogh cut off his left ear lobe.

www.zaddw.cn

The family of six, inclu上海乌托邦品茶微信 en, then soug

t medical assistanc上海乌托邦品茶微信 e. A blood sample was drawn and sent for testing at the Uganda Virus Research Institute. I

t tested positive for Ebola. So far, 27 people, who had been in contact with the first victim, have been listed as infe

cted. The DR Congo team has delivered 400 doses of the Ebola vaccine to Uganda, said the WHO.

Ebola is a hemorrhagic viral disease with an incubation period of 2-21 days, beginning from contact with body fluids of an infect

ed person. Once in the blood, the virus attacks immune cells, then infects vital organs.

In Kenya, all airport arrivals are screened while truck drivers and others crossing the Kenya-Uganda border in Mal

aba must undergo Ebola screening. The Kenya Health Ministry has issued an alert an

d said an Ebola contingency plan is in place to guide the implementation of prevention and response activities.

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On a month-on-month basis, new home prices in Dalia

 and Nanning 上海乌托邦女神会所rose 0.7 percent and 0.9 percent, respectively. On a year-on-

year basis, new house prices in these cities grew 13.2 percent and 11.5 percent, respectively.

Although excluded from the 70 major Chinese cities surveyed by the

National Bureau of Statistics, Foshan and Suzhou also saw a surge in home prices in April.

There are signs that the central government will not change its resolution to control house p

rices, Zhang said, adding that in the future the real estate market will continue to crack down on speculation.

On May 11, Suzhou tightened housing policies further, China Daily earlier reported. The dow

n payment ratio for a family’s first home purchase has been raised from 20 percent to 30 percent.

Newly built property in certain parts of the city cannot be traded for a three

-year period after purchase, and for five years in the case of pre-owned property.

qiancengdian.cn