Promoting SME globalization on the world stage

Economic relations between China and Cote d’Ivoire are set to deepen, as t

he latter became the first African country to co-host the 13th China International Small and Medium En

上海品茶微信女神会所terprises Fair that takes place in Guangzhou, capital of Guangdong province, from Oct 10 to 27.

Azoumana Moutaye, head of the country’s Ministry of National Entrepreneurshi

p, Handicrafts and Promotion of SMEs, said China and Cote d’Ivoire jointly organizing the interna

tional event indicated that bilateral relations between the two countries has reached a new peak.上海品茶微信

Cote d’Ivoire, with a population of around 23 million, has become one of Africa’s most resurgent economies in recent ye

ars. Its economy will be the second-fastest growing in the world this year, as predicted by the International Monetary Fund.上海品茶微信女神会所

About 60 Ivorian enterprises led by Moutaye have participated in the exhibition, showcasing

and promoting their products in such industries as agriculture, communication, energy, construction and logistics.

Promoting SME globalization on the world stage上海品茶微信女神会所

Another foreign co-host is India. Following Russia, it is the second BRICS country that is involved in organizing the fair.

Indian Minister of Micro, Small and Medium Enterprises Kalraj Mishra hoped the fair would be上海品茶微信

tter promote the cooperation between Chinese and Indian SMEs and help them achieve more substantial results.

上海品茶微信女神会所Small and medium-sized companies play a big role in India’s economic development, as 95 percent of the country’s companies are SMEs.

During the fair, textiles, machinery and equipment, hardware and electrical appliances and other goods from 124 Indian firms will be displayed.

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Last year, Moutai achieved whole-year sales revenu

ue of 75 billion yuan, up 23 percent year-on-year. Its net profit totaled 34 billion yuan, jumping 25 percent over the previous year, its earnings report said.

上海千花网This year, Moutai aims to achieve sales revenue of 100 billion yuan, growing 14 p

ercent year-on-year, and reaching a net profit of 45 billion yuan. The company said it is strong and confident enough to drive further growth.

上海千花网”The stock market now shows a prominent problem of polarization. Leading

上海千花网上海品茶white-horse stocks have seen continued steady growth. The climbing share price of Mout

ai definitely gave a boost to many white-horse stocks, with the prices of several stocks reaching their new high, while some ot上海千花网

her themed stocks are being marginalized,” said Yang Delong, chief economist at the Shenzhen-based First Seafront Fund.

Market demand for liquor products will likely remain strong, and major spirit makers a

上海千花网上海品茶re expected to witness more steady and structural growth and continue to remain competitive, Zhongtai Securities said in its report.

As the sun sets and the temperatures begin to cool, the evening heats up as night markets start to boom, especially during holidays and festivals.上海千花网上海品茶

The nighttime economy means people can dine, shop and enjoy entertainment at night.上海千花网

Some cities including Beijing, Shanghai, and Jinan have published policies to support and promote the nighttime economy.

China’s electric car startup NIO recalled 4,803 ES8 vehicles, about one-third of the company’s first batch for delivery, Beijing Youth Daily reported on Friday.

The company also promised to compensate all property losses caused by accidents due to battery quality上海千花网上海品茶 according to law, the report said.

Starting from June 27, the company recalled the 4,803 ES8 electric vehicles with power battery packs manufactured between April 2, 2018, and Oct 19, 2018, a上海千花网上海品茶ccording to a notice from the State Administration for Market Regulation.

The power battery pack used in the vehicle within this recall range is equipped with a module of the specification model NEV-P50, which has the voltage sampling harness in an improper position, where it could cause a fire.

In 2018 the trade volume for food service at night increased 47 percent year-on-year,上海千花网上海品茶

which is 2 percentage points faster than the growth rate for food consumption during the day, accordin

g to statistics jointly issued by the China Tourism Academy and online consumption service provider Meituan Dianping.

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inopec establish joint venture with Russian companie

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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Another crucial step is to encourage more talent to sta

 in 上海千花坊女神会所the region, and local authorities must create an enabling environment for starting and doing business in the Northeast, he said.

The three provinces in the Northeast-Liaoning, Jilin and Heilongjiang-saw GDP growt

h of 5.7, 4.5 and 4.7 percent last year, which is below the national average of 6.6 percent.

Meanwhile, the three provinces have also seen a continuous outflow of working-age citizens. In Liaoning, the number of peo

ple aged between 16 and 59 was down by 492,000 last year, according to the Liaoning Bureau of Statistics.he United Sta

tes’ trade deficit with China is not a matter of simple, objective truth. It has been brought on by actions of the US i

tself — a combination of export controls, market restrictions, competition, trade policies, currency dominance and other f

actors — officials and experts said in response to a report from the Ministry of Commerce on Thursday.

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While many people doubt whether Mo could top the s

success of winning the Nobel Prize in Literature in 2012, Zhang Qinghua, professor at Beijing Normal University, believes that Mo’s way of dealing with this h

as been to make a return to his hometown, a village in Gaomi, Shandong province, both in reality and spiritually.

Mo didn’t publish any new work in the five years following the award, when in 2017 he

released several short stories, poems and theater works, mainly reminiscing about his hometown.

Unlike Mo’s former novels, Peking University professor Chen Xiaoming notes th

at his new works are more reserved, realistic stylistically and employ more simple language. Literary cri

tic Li Jingze is impressed that Mo has remained acutely sensitive to the realities of urban and rural life.

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Good trade ties vital at state level in US trade relatio

US states continue to value trade relations with China, despite ongoing tensions at the i

nternational level, and they hope tensions will be resolved through negotiations.

“I’m very optimistic on the China-US trade relationship,” Cyrus Habib, lieutenant governor of Washington, said in an inter

view with China Daily as he was attending the Fifth China-US Governors Forum in Lexington, Kentucky, last week.

China is the state of Washington’s top trading partner, with more than 20 percent of the state’s expor

ts going to China, and around 30 percent of its imports came from China in 2018, according to the US Census Bureau.

“It’s truly something that touches every part of our state,” said Habib. “And that went from the i

nformation communication technology sector and manufacturing sector all the way to the agricultural industry and tourism.”

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The escalation in trade tensions between China and the

he United States, may lead to weaker business confidence and slower

global trade growth, which is expected to weigh on investment and exports in 2020. But in the n

ear term, as China shows positive surprise in GDP growth in the first quarter, and the macroeconomic policies hav

e taken effects on stabilizing the growth, the GDP growth rate is likely to stay at 6.2 percent, the report said.

“In response to the growth moderation and less favorable external conditions, the government in

troduced a fiscal stimulus emphasizing tax incentives,” said Martin Raiser, World Bank Country director for China.

“While the central government has fiscal space to further increase spending, if necessary, the additional stimulus should be ap

propriately funded either directly at the central level or through additional fiscal transfers to the provinces. Highe

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Addressing the plenary session of the Fourth Eastern Eco

n Economic Forum in Vladivostok, Russia, in September, Xi called for regional memb

ers to actively align their development strategies and work together for an open regional economy.

Wu Hongwei, a researcher of China-Russia relations at the Chin

ese Academy of Social Sciences, said bilateral cooperation plays a prominent role in guar

anteeing world peace and security at a time when the global situation is clouded by tensions and turmoil.

The two countries share the same position in promoting a mo

re stable and multipolar world, Wu said, adding that they

have sent such signals through supporting and coordinating with each other on international occasions.

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ietnam surpassed India to become the largest buyer of Chin

a’s photovoltaic products. Export value to Vietnam rose 239 times to $739 million in the fi

rst quarter, taking up 16.8 percent of China’s total photovoltaic export value.

With the European Union ending its anti-dumping and anti-subsidy meas

ures, photovoltaic exports from China to Europe also saw large increase in Q1.

The country’s photovoltaic products export volume to the Netherlands and Spain increased 1,049.6 percent and 158.3 perc

ent, respectively, in the first quarter, said the report. It predicted that the emerging markets, such as Mexico, Aus

tralia, Turkey, and the United Arab Emirates will further boost the export of China’s photovoltaic modules.

The export of China’s photovoltaic products to the United States dropped 28.9 pe

rcent to just 0.01 GW in the first quarter, the report said. The Section 201, Section 3

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On behalf of our hundreds of millions of footwear cons

sumers and hundreds of thousands of employees, we ask that you im

mediately stop this action to increase their tax burden,” the group said.

The group’s reasoning echoes an earlier comment from David French,

senior vice-president for government relations at the Nat

ional Retail Federation, who said, “Saying that China is paying these tariffs doesn’t hold water.”

About 99 percent of all shoes sold in the US are imported. Last year alo

ne, it imported 2.5 billion pairs, nearly 70 percent of which came from China, ma

king the Asian country the largest source for US shoe imports, according to statistics provided by the FDRA.

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