bilateral trade is expected to further increase provided that

Bysh419aa Posted Feb 20, 2019

bilateral trade is expected to further increase provided that

there is a relatively stable world economy. The high-technology sector and e-commerce can be

especially fast-growing given their rapid development in both countries, Li Xin, director of the Ru

ssian Center for Central Asian Studies at the Shanghai Institute of International Studies, told the Global Times on Thursday.

Li added that some traditional industries, such as energy, could witness a decrease in total trade as international fuel prices decline.

The expansion in China-Russia trade in 2018 was largely due to stable international economic growth and a closer

bilateral relationship, rather than a consequence of the China-US trade dispute, Li said.

Both countries have introduced policies encouraging trade cooperation, and these policies have clearly borne fruit, Li said.

However, the US-China trade conflict, which is hitting global confidence, could potentially play hav

oc with the world economy including trade between China and Russia if it escalates further in 2019, according to Li.

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Bysh419aa Posted Feb 19, 2019

Germany claims the crown for record gathering of smurfs

group of German friends claimed a world record on Saturday for the highest

number of smurfs gathered in one place.

Fans of the blue elf-like creatures created in a Belgian comic strip during

the 1950s, managed to gather

2,762 people dressed and painted blue in regulation smurf attire – curly hats and all.

The gathering took place at the town of Lauchringen, near the German border

with Switzerland, the organizers reported on Facebook.

Their record came three years after their first attempt failed to beat the record

held by Welsh students who managed to unite 2,510 regulation smurfs in Swansea back in 2009.

The German‘s first effort failed, with only 2,149 turning up.

The rules of the game are strict: The only people counted as the genuine article are

those with any bare skin painted blue and the rest of the body clothed in smurf attire.

The group of friends made their second, victorious attempt on Saturday with the

backing of the mayor of Lauchringen, they said.

The smurfs, small, impish creatures who live in a village, were created by the

Belgian cartoonist Pierre Culliford, known as Peyo.

They became so popular that the stories eventually spilled over into cartoons and

even live-action films.

sh419bb.com

Bysh419aa Posted Feb 18, 2019

Moreover, the number of Chinese who go abroad is closely

residents’ disposable income levels and income growth. Data from the National Bureau of Statistics (NBS) showed that in 2017, the per ca

pita disposable income of the high-income group reached 64,934 yuan ($9,604.71). For most of the residents in the high-inco

me group, overseas tours remain as a kind of luxury spending, thus the per capita disposable income for residents that traveled abroad

should be raised to at least 120,000 yuan a year. Yet this group probably numbers less than 100 mil

lion residents. In other words, the number of people who can afford the average cost of going abroad is theoretically less than 100 million.

Although many research institutions are optimistic about the development pr

ospects for Chinese people’s overseas tourism, the growth rate of private outbound trip

s was only 5.7 percent in 2017, compared to 22 percent in 2010 and 10.6 percent in 2015, showing a do

wnward trend. This may actually reflect the decline in the growth rate of disposable income.

I don’t agree with the so-called “consumption downgrade,” as the Engel coefficient – the propor

tion of money spent on food in household expenses – fell to 28.4 in 2018. Yet, the slowdown in consumption growth, increased leverage r

atio in home purchases and other factors have all impeded the pace of the consumption upgrade.

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Bysh419aa Posted Feb 18, 2019

Vice premier urges bolder, more effective measures imp

Chinese Vice Premier Han Zheng on Friday stressed to take bolder and more

effective measures to implement the proactive fiscal policy.

Han, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Co

mmittee, made the remarks when presiding over a meeting after an inspection of the Ministry of Finance (MOF).

At the meeting, Han studied major issues, including the launch of another round of tax cu

ts and fighting the “three critical battles” against risks, poverty and pollution.

The MOF should stick to the basic tone of seeking progress while maintaining stability, promote

high-quality development and take coordinated steps to ensure steady growth, advance reform, m

ake structural adjustments, improve living standards and guard against risks, Han stressed.

He said that larger tax cuts will be helpful in improving the co

untry’s income distribution system and the tax structure and better serve China’s current macro policy.

The MOF should relieve the social insurance payment burden of firms, strengthen the manag

ement of the fiscal revenue and expenditure and create a sound policy environment for fair competition, Han said.

Han underlined that measures should be in place to effectively prevent and handle financial risks, reinforce the

monitoring of the local government debt risk and deploy more funds to facilitate winning the battles against poverty and pollution.

shl419.com

Bysh419aa Posted Feb 17, 2019

The amount of new loans more than doubled from 1.08 tr

The M2, a broad measure of money supply that covers cash in circulation and all deposits, ro

se 8.4 percent year-on-year to 186.59 trillion yuan at the end of January, according to the PBOC.

The M2 growth was 0.3 percentage points up from the level at the end of December.

The narrow measure of the money supply (M1), which covers cash in circulation plus demand

deposits, rose 0.4 percent year-on-year to 54.56 trillion yuan by the end of last month.

New yuan loans made to households reached 989.8 billion yuan last month, while t

hose to non-financial enterprises and government institutions totaled 2.58 trillion yuan.

Newly-added social financing, a measurement of funds that individuals and non-fina

ncial firms get from the financial system, stood at 4.64 trillion yuan in January, up 1.56 trillion yuan year-on-year.

China will keep its prudent monetary policy “neither too tight nor too

loose” while maintaining market liquidity at a reasonably ample level in 2019, ac

cording to the annual Central Economic Work Conference held in December last year.

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Bysh419aa Posted Feb 16, 2019

education authorities monitor Zhai Tianlin probeorities in B

Education authorities in Beijing have launched an investigation into actor Zhai Tianlin, who has received high-profile plagiarism allegations.

The Education Work Committee of the CPC Beijing Municipal Committee and Beijing Education Commission have sent an investigative team to the Beijing Film Acad

emy, where Zhai obtained a Ph.D., to look into the case, the university said in a statement on Thursday.

Zhai, 32, is also a postdoctoral candidate at Peking University. He found himself in hot water on social media after a Sina Weibo blogger accused him of plagiarism last week.

The university launched its own investigation on Monday. It has finished prelim

inary evidence collection and notified Zhai about the investigation, the statement said.

The university has zero tolerance for academic misconduct and will look into other matters uncovered by netizens.

Zhai raised a flurry of chatter online in August when he said in a live video appearance he did not know what the China National Knowledge Infrastructure w

as. CNKI is the largest and most widely used online academic library in China for university students writing theses and dissertations.

The post by the Sina Weibo blogger claimed one of Zhai’s papers published in an acade

mic journal was uploaded to CNKI and the similarity score for the 2,783-word article was 40.4 percent.

sh419ss.com

Bysh419aa Posted Feb 15, 2019

more C919 jets to make maiden test flights this yearakes its mai

Another three prototypes for China’s first homegrown large passenger jet, the C919, will conduct their maiden flights this year, follow

ing the success of a third one on Dec 28, 2018, according to the Commercial Aircraft Corporation of China Ltd (COMAC), the maker of the jet.

The 104 prototype test aircraft of the China-made C919 has entered its final assembly stage, the 10

5 is undergoing the assembly of major components, and the main components of the 106 are in pro

duction. The maiden test flights for all three new prototype jets are expected to take place before the end of 2019.

The addition of these three would bring the total number of C919 prototype test aircraft to six.

To date, domestic and overseas buyers have placed orders for 815 of the China-m

ade C919 aircraft.Chinese communities around the world welcomed the Year of th

e Pig on Feb 5, ushering in Lunar New Year with prayers, family feasts and shopping sprees.

Celebrations took place across the globe, ranging from Southeast Asia’s centuries-old Chi

nese communities to the more recently established Chinatowns of Sydney, London, Vancouver, Los Angeles and beyond.

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Bysh419aa Posted Feb 15, 2019

old Hunan art form sees revival during Lunar New Year

Deng Xia, a fan of Huagu (“flowery drum”) Opera, a local art form of Yueyang in

Central China’s Hunan province, barely misses such shows at the One Yuan Theater.

“It has enriched the cultural life of residents like me,” Deng, 35, says.

“In the past, we could appreciate the Huagu Opera, mostly during important festivals such as Lunar New Year, but now we can watch it often.”

The One Yuan Theater, located in Rongjiawan town of Yueyang, has staged 30 to 50 Huag

u Opera shows annually since 2012, with the audience numbers for each show sometimes touching 1,000.

“Some people bring along stools or are even willing to stand through a show of two or three hours,” says Deng of the theater that has a seating capacity of 800.

To enjoy a show, each viewer has to pay only 1 yuan ($0.15) as admission fee to the theater, as the prog

rams are covered by government funding. The initiative to provide regular and nearly-free shows to lo

cal residents has been successful in bringing the once-dead cultural heritage back to life.

www.gzbbnet.com

Bysh419aa Posted Feb 15, 2019

Yueyang Huagu Opera originated more than 200 years ago. It is

mainly popular in a dozen counties and cities in not just Hunan, but also in the adjacent Hubei province and the eastern Jiangxi province.

In its long development process, the opera has widely absorbed features of Yueyang folk tunes and artistic factors of other opera types t

o form its own style. Traditionally, Huagu Opera had no full-time performing troupes, and was only pe

rformed by amateur artists, most of whom were local farmers, during slack farming seasons on temporary stages.

In 2007, Yueyang Huagu Opera was recognized by the State Council, China’s Cabinet, as

a national intangible cultural heritage for its cultural, historical and artistic significance.

In recent years, measures have been taken by the local government to promote the art form.

The One Yuan Theater, which aims to cultivate more audience, has been a successfu

l attempt, says Yi Wen, an expert of Huagu Opera, who works at a local cultural center in Yueyang.

“Traditional culture still means a lot to the local people. Even some younger residents have shown their interest in the opera,” Yi says.

gzbbnet.com

Bysh419aa Posted Feb 13, 2019

Environment protection campaign revitalizes China’s Hong

WUHAN – Chen Yuxiang lived on Honghu Lake in Central China’s Hubei province f

or 40 years since his birth. He now works as a machine operator at a shoe factory.

“I used to live on Honghu Lake and made a living as a fisherman, but the water became heavily pollut

ed and we had to find another way to earn money since there were hardly any fish in the lake,” Said Chen, 41.

Now, after a string of environment protection campaigns, all the fishermen have left the waters and now live and w

ork onshore with the help of government, restoring Honghu Lake’s charm and beauty.

Honghu Lake, the seventh biggest freshwater lake in China, was “a place b

etter than paradise,” as a popular song goes, with abundant fish, lotus and ducks.

In the 1980s, a crowd of fishermen from the east of China rushed in and settled down on Honghu Lake due to its rich natural resources.

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