Even top-draw上海千花网are under the microscope, as t

 their cars have a 155-kilometer range deficit compared to the lower-tier 2020 versions at a price that’

s 30,000 yuan higher. Other buyers worry about the depreciation risks in these rapid updates.上海千花网

However, He Xiaopeng, chairman of Xpeng, said in a microblog cite

上海千花网品茶微信d by International Financial News these demands are unfair to the company. When

consumers compare the bare prices of the two types, He claimed, 2019 model buyers got lots of subsidies.上海千花网

An insider from Xpeng Motors told the newspaper the company started to promote a favorable poli

上海千花网cy by the end of May giving a total of 20,000 yuan to each consumer, and earlier buyers of 2019 G3 mode

ls affected by the government’s subsidy-cutting scheme have also been covered by the policy.

上海千花网品茶微信Therefore, the actual price paid by 2019 G3 buyers is comparatively lower than the 2020 G3 prices, the source added.

Xpeng Motors is not an exceptional case amid fast growth in the electric ve

hicle industry. In March, Tesla’s decision to adjust prices down also roused early bu上海千花网

yers’ anger, asking the company to subsidize the price difference or cooperate with them to return their cars.

But a lawyer interviewed by International Financial News said no legal ground exists to support these buyers’ requests.

上海千花网品茶微信Sun Shaojun, a motoring analyst, said Xpeng’s case represents a new

normal for the sector, as the electric vehicle industry sees exponentially faster development.

What makes Pablo Picasso such a quintessential 20th-century artist? It’s partly down to the visual ground he broke w上海千花网品茶微信

ith his Cubist painting, but some also has to do with the fact his interests extended far beyond painting.

Picasso’s innovations in perspective and technique dazzled the art wo上海千花网

rld for decades, paving the way for many of the important artistic movements of the last century.

As art historians and critics emphasize the visual ground he broke with his Cubist painting, Picasso’s poetry and oth上海千花网品茶微信

er written works are often overlooked in discussions of his long and varied career.

The artist did not begin to write until the age of 53. His literary endeavors上海千花网

resulted in hundreds of poems with a unique fusion of words and visual imagery.

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The violent acts instigated 上海千花网se who have an axe

 against the central government shows they could not care less about the

overall interest of Hong Kong society and are merely exploiting the controversy over t上海千花网品茶微信

he extradition law amendment to advance their own agenda, as they have don

上海千花网e with other social issues before. They should be shunned by those who have Hong Kong’s best interests at heart.

Now that the SAR government has called time on the amendment bill, it can turn its attention to the most important mat

ters at hand — economic development and improving people’s livelihoods. Those who really want the bes上海千花网品茶微信

t for Hong Kong should be willing to work with the SAR government to tackle the deep-seated problems the SAR faces.

上海千花网Taiwan leader Tsai Ing-wen and other secessionists on the island ma

y feel exhilarated about the US State Department on Monday approving the pot

ential sale to Taiwan of $2.2 billion in arms, considering the move to be a sign that they will be able to count on the U上海千花网品茶微信

nited States for help should there be a military confrontation with the Chinese mainland.

And for those in the US who consider Taiwan as a pawn the US can use上海千花网

in its competition with China, the sale of arms represents not only a profitable deal, but also

a hedge to maintain the status quo in which they can regard Taiwan as an independent entity.上海千花网品茶微信

Tsai and her followers should know that their exhilaration is nothing but whistling past the

graveyard. The more arms the island buys from the US, the less safe the island becomes as efforts to bu上海千花网

ild up the island’s military capabilities only serve to send a clear message of secessionism to the mainland.

Tsai and her followers should not underestimate the mainland’s resolve to defend the nation’s sovereignty and territ

orial integrity. The farther the island moves away from the possible peaceful reunion w

ith its motherland, the more resolute the mainland will become to take the island back by force.

By building up its military defense, Tsai is playing a game of brinkmanship.

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ability essential for Hon上海千花网’s well-beinina Dai

To bring an end to the protests sparked by the proposed amendments to the special administrative region’s extradit

ion law, Hong Kong’s Chief Executive Carrie Lam Cheng Yuet-ngor announced on Tuesday her ad上海千花网

ministration’s decision not to restart the suspended legislative process for the amendments, saying the “bill is dead”.

上海千花网女神会所The demonstrations, some of them violent, have threatened the health of the city’s economy and thus the well-being of its resi

dents, and Lam also unveiled a raft of practical initiatives aimed at strengthening communication between th

e SAR government and the public, with the ultimate objective of improving governance in the SAR.上海千花网女神会所

It might be demanding too much of those leading the protests to have the kind of vision and political courage exhibited by the chief exec

上海千花网utive in her willingness to make compromises in policymaking in the face of public opposition. But they sh

ould have the wisdom to realize that persistent political conflict and unrest do not bode well for the city and residents, es

pecially at a time when the local economy is still licking its wounds from the ongoing Sino-US trade row.上海千花网女神会所

Hong Kong’s economy has slowed significantly over recent months, with the yea

上海千花网r-on-year GDP growth having eased to 0.6 percent in the first quarter of this year — the

slowest expansion in a decade — as both foreign trade and domestic consumption have been hard hit by the tra

de conflict between the Chinese mainland and the United States, the city’s two largest trading partners. Any es上海千花网女神会所

calation of the social conflict witnessed recently will only further harm Hong Kong’s economy and people’s livelihoods.

上海千花网Yet, the organizers of some of the mass rallies have said they will announce

more protests in the coming days until the bill is officially withdrawn from the legi

slative agenda. But more social unrest will only hinder efforts to tackle the fundamental problems that have a ta上海千花网

ngible effect on the lives of Hong Kong residents, particularly the younger generation — such as the severe housing s上海千花网女神会所

hortage, lack of social upward mobility and the widening wealth gap, which have fueled the social discontent.

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Shanghai strengthens 上海千花网tionsuangzhou’s Tianhe a

Making use of Guangdong-Hong Kong-Macao Greater Bay Area to become a hub

With its modern industrial system, Tianhe district in Guangzhou, South China’s Guangdong province, is seizing the oppo上海千花网品茶微信

rtunities brought about by the construction of the Guangdong-Hong Kong-Macao Greater Bay Area to become an

international first-class central business district, an international core area for innovation in science and t

上海千花网echnology, and a demonstration zone for Guangdong-Hong Kong-Macao cooperation.

Its solid industrial foundation and favorable business environment, as well as the gove

rnment’s strong policy support, attract large numbers of enterprises to the district.上海千花网品茶微信

By the end of November, 162 out of the Fortune Global 500 enterprises had invested in 228 proj

上海千花网ects in finance, science and technology, trade and commercial services in Tianhe. It is the city

‘s center for headquarters, with 104, or 29 percent of the total across Guangzhou, making Tianhe’s business dis

trict one of the three largest world-class central business districts in China. Among these, 95 percent of the h上海千花网

eadquarters in Tianhe are in the service sector and 25 headquarters are foreign-funded ventures.

上海千花网In the first three quarters of 2017, Tianhe’s GDP hit 304 billion yuan ($46 billion), up 9.5 percen

t year-on-year. Its GDP has been the highest among all the districts in Guangzhou for 10 years consecutively.

More importantly, experts said innovation, high-tech and service上海千花网

sectors have become the driving force of the district’s economic growth. The district go

上海千花网品茶微信vernment focuses more on quality rather than quantity when it comes to the economy.

With 53 innovation platforms and 51 startup incubators above city level, the district government is carrying out what it c

alls its “super incubator” strategy. It is making use of old industrial parks, factory workshops and public sites co上海千花网品茶微信

llectively owned by villagers to provide a platform for startups and to foster local economic growth. So far, Tianhe has cr

eated 29 of this kind of incubators for startups and innovation, covering a total area of 1.11 million square meters. The di

strict is also implementing a convenient “five-in-one” new business registration system.上海千花网品茶微信

As a center of finance and technology industries, Tianhe has 215 registered financial agencie

s and 33 enterprises listed on the stock market. It boasts 378 research and development institutes set u

p by enterprises, 86 institutes affiliated to universities and governments, and 239 engineering technology research centers.上海千花网品茶微信

Last year, 4,312 patent applications were submitted in Tianhe, 32 percent

of the city’s total and a rise of 45 percent year-on-year. Among these 1,158 patents were granted.

By the end of last year, Tianhe had 1,403 high and new-technology ent

erprises, as well as more than 50,000 science and technology enterprises.

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Apple said in a state上海千花网c Pro ise said in a s desig

signed and engi上海千花网neered in California and includes components from several countries in

cluding the United States”, and “final assembly is only one part of the manufacturing process”.上海千花网

Apple has been expanding its R&D push in China, one of the world’s largest consumer

上海千花网electronics markets. Since 2017, it has established four R&D centers in the country – one each in Beijing, Sh

enzhen, Shanghai, and Suzhou – entailing a combined investment of 3.5 billion yuan ($509 million) and em

ployment for over 1,000 people dedicated to innovation in hardware, software and services.上海千花网

More efforts are needed from Chinese companies to explore the potential of massive data as mounting firms globally own “d

上海千花网女神会所ark data” and very few know how to use it, an industry insider said during the three-day Annual Meeting of the New Ch

ampions 2019, also known as Summer Davos, which ended Wednesday in Dalian, Liaoning province.

“Many companies or organizations didn’t fully realize the potential of “da

rk data”, which refers to all the unknown and untapped data generated by an org上海千花网女神会所

anization’s systems, devices and interactions”, said Song Haiyan, senior vice-president and general manager of se

上海千花网curity markets of Splunk, a US company leveraging software to search and analyze data.

“The chaos of being unable to deal with such data creates tremendous opportu

nities for motivated companies to learn, as well as for Splunk to empower them to use it,” she said.上海千花网女神会所

Another challenge for companies using data is that they tend to simply collect d

ata but do not use it to predict something that they don’t even know, she added.

上海千花网女神会所In the wake of such problems, Song said Splunk has integrated some premium solutions, including artificial int

elligence, across the platform to help companies better use “dark data”, as well as predict future outcomes.

Splunk, founded in 2003, is a Nasdaq-listed company. Its total revenues hit $425 mil上海千花网女神会所

lion for its fiscal first quarter ending April 30 this year, which was a 36 percent increase year-on-year.

“I am glad to see that here in China, companies are putting the use of AI into a higher-than-ever role in their b

usinesses,” she said, adding that she was confident about business growth in the country.

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Liu Xiangdong, a rese上海千花网the China Center for Int

ternational Economic Exchanges, said besides the policies launched to further stimulate c

上海千花网onsumption upgrade, the authorities needed to regulate the consumption environment in elderly car

e, healthcare and information while easing market entry in the healthcare, education and elderly care industries.

上海千花网Foreign companies are also showing a positive attitude toward the Chinese market.

“The implementation of more opening-up policies in the field of consumption is contributing to the shift of China’s econom

ic growth model from investment orientation to consumption orientation, which is more sustainable,” said St上海千花网品茶微信

phane Rinderknech, CEO of L’Oreal China, one of the world’s leading beauty products makers.

“Today, we are more confident than ever in developing and seizing opp上海千花网

ortunities in China. With a continuously improving business environment, consumers’ trust and

our great China dream team, we are confident in making China the number one market for L’Oreal Group in the near fut

上海千花网品茶微信ure,” he said. “We hope the joint efforts between the Chinese government an

d companies will further stimulate China’s domestic consumption and benefit consumers.”

Faced with trade friction with the United States, experts believe consumption will play a major

role in offsetting the negative impact on trade and putting economic growth on a firm footing.上海千花网品茶微信

“China is a market with a population of 1.4 billion and 400 million middle-income earners, and there is a strong dem

and for consumption upgrade,” said Wang Bin, an official at the Ministry of Commerce. “The domestic consumption ma

rket is full of potential and it is China’s biggest advantage to maintain long-term stable development.”

Rural areas offer more consumption potential, according to experts.

“The country’s exports in the first five months (of 2019) had been increasing but at a slower pace… in the future, the trade surp

lus will inevitably narrow,” said Xu Hongcai, deputy chief economist at the China Center for International Economic E

xchanges, arguing that the degree of dependence on foreign trade will decrease.

He said the country needed to turn to domestic demand to power ec

onomic growth, and the country’s ongoing urbanization offered large potential.

www.shangzili.cn

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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Stephen Roach, a 上海千花网品茶微信t Yale University a

 and a former ch上海千花网品茶微信airman of Morgan Stanley Asia, warned that if the US and China, wh

ich have accounted for fully 44 percent of world GDP growth since 2008, opt for a superficial res

olution or fail to come to terms on their trade conflict, the global economy could well falter.

Bipartisan political support for China bashing in the savings-shor

t US threatens to turn a trade war into a protracted and destructive economic cold war, Roach said.

“Now, more than ever, a fragile world is in desperate need of political will and wisdom,” he said.

Xiong Aizong, assistant researcher at the Chinese Academy of Social Sciences’ Institute of World Economics and Pol

itics, agreed that multilateral mechanisms are the best solution to tackle global issues.

changhaisheng.cn

The West Texas Interme上海千花网女神会所very climbe

US dollars to se上海千花网女神会所ttle at 56.65 dollars a barrel on the New York Mercantile Exchange, while Brent crude for A

ugust delivery jumped 2.63 dollars to close at 64.45 dollars a barrel on the London ICE Futures Exchange.

Oil prices also got some support after the latest data showed a larger-than-expected decline in US crude inventories.

Meanwhile, traders are awaiting a decision by the Organization o

f the Petroleum Exporting Countries and its allies on whether to extend a pact on cutt

ing 1.2 million barrels per day of production that expires this month.Beijing Jiaotong University; the Un

iversity of Science&Technology Beijing; the Beijing University of Posts and Tele

communications; the Beijing Forestry University and the Beijing University of Chemical Technology held a joint

press conference on Jun 18 on providing information about this year’s college entrance exam.

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Pacts mulled in president’s visit to Central Asia

Trip will includ上海千花网女神会所e bilateral talks with leaders of nations at regional organization’s meeting

China will sign an array of cooperation agreements with Kyrgyzstan and Tajikistan during President Xi Jinping’s state visits to the

two Central Asian countries to further strengthen their ties, a senior diplomat said on Monday.

As an important outcome of Xi’s visits, Beijing will also sign a joint statement with each country on furthering their com

prehensive strategic partnerships, Vice-Foreign Minister Zhang Hanhui said at a news briefing.

Xi will also attend the 19th meeting of the Council of Heads of State of the Shanghai Cooperation Organization in Bishkek, the Kyrgyz

capital, during his stay from Wednesday to Friday, as well as the fifth summit of the Conference on Interaction and

Confidence Building Measures in Asia in the Tajik capital of Dushanbe during his visit from Friday to Sunday.

www.lanqiaowangluo.cn