Perhaps this concern has prompted the US to scuttle the

 rounds of Sino上海千花坊女神会所-US trade talks, promote legislation on the protection of Taiwan

, increase its military presence in the South China Sea, and hype up the “clash of civilizations” narrative.

The US’ moves, combined with the global economic slowdown and China’s economic transformation, sho

uld impel China to expedite its supply-side structural reform, in order to achieve high-quality development as well as pro

mote economic globalization by further opening up its economy using the Belt and Road Initiative as a channel.

Market must play leading role in resource allocation

To counter the threats to economic globalization and build a ne

w and open economy, China should allow the market to play a lead

ng role in the allocation of resources and further open up the economy to domestic and foreign players, so

as to facilitate market integration and free and orderly flow of the factors of production.

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The leading pipa player says that though she has perfor

rformed on stage along with Western instruments such as guitars and violins, it was the first tim

e she performed the piece with a balalaika player, and she was excited to see the outcome.

“Music itself is the language. Despite the fact that we are from different countries, when we s

tart to play, we can communicate with each other through music,” Zhao said.

The China National Traditional Orchestra performed a concert in t

he Bolshoi Theatre, Moscow, on Wednesday, presenting a fusion of Chinese and Russ

ian music and celebrating the 70 years of diplomatic relations between the countries.

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In 2018, the number of real-name users on prov

incial e-government platforms reached 145 million, an increase of 38 million over the previous year, the report showed.

About 92.2 percent of Chinese people consider trash sorting important to protect the environ

ment, while only over 30 percent of respondents said they were doing “pretty good”, or “relatively well” in s

orting the trash, as per a recent survey by the Ministry of Ecology and Environment.

According to a government’s plan, all major cities in China are expected to initiate garbage cla

ssification this year, and the system should be completed and functioning by the end of 2025.

With the help of effective supervision and guidance, a growing nu

mber of people will cultivate the good habit of garbage cla

ssification and take action to improve their living environment, contributing to a green and sustainable society.

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Because of the tariff discussion going on in Washingt

gton DC, a lot of the farm community is being hurt,” said Bob H

olden, former Missouri governor who co-founded the United States Heartland China Association.

“I think the manufacturing industry feels the same thing is occurring,” he added.

Holden is positive about the future of the relationship. “Honestly, both countries need each other,” he said.

“We need to be able to sell products in China. The Chinese population is wanting the goods that we can p

roduce here. China also gives us a workforce in some of our industries, which makes them com

petitive globally,” said Holden, who opened Missouri’s first trade office in China during his term from 2001 to 2005.

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The currency’s depreciation was purely caused by mark

et forces, and China has never taken any measures to deliberately devalue the currency to make its exports more at

tractive, said Guo, who is also head of the China Banking and Insurance Regulatory Commission.

According to Guo, the short-term fluctuation of the RMB exchan

ge rate was normal, and the depreciation will not last long given the stable economic growth base.

“Any speculative activities to short the RMB will suffer huge losses,” he warned.

The RMB’s daily trading reference, or the central parity for onshore trading, has been stabilized arou

nd 6.89 per dollar for eight days from May 20, and market watchers said market-oriented depreciation pressure was losing steam.

Yi Gang, the central bank governor, has said several times that the PBOC has ceased

direct intervention in foreign exchange markets, and the performance of RMB is address

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Accelerating the opening up of China’s commodity futu

ures market will help foreign investors optimize their renminbi-denominated asset portfolios as they can inc

orporate investment targets of a wider variety, said Wang Tingting, an associate pro

fessor of finance with the Central University of Finance and Economics in Beijing.

“Moreover, as foreign investors’ trading helps boost liquidity in the domestic market and makes the price changes mor

e consistent with international trends, domestic market participants can also better hedge against risks,” he said.

Experts also expect China to open up the stock index futures market to foreign invest

ors, as they have large exposure in the A-share market and are therefore in need of this risk management tool.

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However, statistics also show that the total vehicle sale

s in the first four months of this year stood at 8.35 million units, a decrease of 12.12 percent compared with last year. Th

e country produced 8.39 million units during the same time, down 10.98 percent year-on-year.

New cars at a parking lot in Qingdao, Shandong province, are ready to be delivered to clients, April 30, 2019.

In April, China’s total vehicle sales fell 14.61 percent year-on-yea

r to 1.98 million units, and the output dropped by 14.45 percent to 2.05 million units.

The sales of self-owned brands passenger vehicles totaled 584,700 units last month, a decline of 27.88 percent year-on-year.

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With its key role in the national economy, the integrated dev

velopment of the region could play a vital part in leading regional growth, the statement said.

It noted that the elevation of the integrated development of the Yangtze River Delta t

o the status of a national strategy is a major decision adopted by the CPC Central Committee.

Authorities in the four provincial areas must enhance their awareness

of integrated development and boost their interaction and cooperation, it added.

The meeting also decided to start a thematic education campaign of Party member

s on the subject of remaining true to the Party’s original aspirations and keeping their mission firmly in mind.

It called for struggles against all problems that affect the Party’s purity and ad

vanced nature, and for efforts to make the Party even stronger, the statement said.

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The bicycle industry has found a driving force for new pro

 profits in producing electric bicycles, exploring niche markets, an

d improving intelligent and network connecting levels, Economic Daily reported Monday.

As China’s bicycle-sharing companies experienced periods of boom and decline in 2017 and

2018, many of the country’s bicycle companies have discovered new profit potential by producing e-bicycles.

Statistics show the output of shared bicycles was 5 million in 2018, a quarter of that of 2017, while the o

utput of e-bicycles reached 32.78 million in 2018, up 5.8 percent year-on-year, according to the report.

Benefiting from ever-growing demand, the development of the e-bicycle has maintained strong growth momentum. In the f

irst quarter of this year, the profit growth rate reached 28.7 percent for e-bicycle enterprises above the designated size

in the industry, which refers to those with an annual main business revenue of 20 million yuan ($2.98 million) or more.

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ther IPOs have traded well so far in 2019, including

 end of its targeted range, hoping that approach would spare it the trading plunge suffered by Lyft.

Lyft ended down 6.9% on Friday, and is 28 percent below its IPO price.

Still, the world’s largest ride-hailing company appeared to ge

nerate more interest from mom-and-pop investors than Lyft. Retail investors at TD Am

eritrade executed more trades in the first ten minutes of Uber’s debut than in Lyft’s first 2-1/2 hours.

Uber had already lowered its valuation expectations twice in the last two months to address investor concerns over its mounting losses.

While early-stage Uber investors such as Benchmark, Menlo Ventures, First Round

Capital and Lowercase Capital made a killing in the IPO, some late-stage backers did not fare as well

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