As time goes on, the global 上海后花园女神会所market will tilt

t toward the Asi上海后花园女神会所region, where India’s market size ranking will rise to the third spot from seventh in the world and Indonesia’s to fifth from tenth, s

aid Hou Kan, regional director of airport, passenger, cargo and security of IATA North Asia.

In the next 20 years, half the growth in the global aviation market will come from the Asia-Pacific region, which will accou

nt for 55 percent, while growth from China will account for 28 percent in the Asia-Pacific region, Hou said.

The fast-growing aviation market will add pressure to airport infrastructure.

Among the world’s top 100 largest airports, only four have the infrastr

ucture to satisfy the passenger volume growth in next five years, according to Hou.

Moreover, the traditional airline carriers will also be challenged by some nonavi

ation companies such as internet tech firms and logistics companies, according to Hou.

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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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With all expressway lanes capable of offering ETC servic

vice by October, an increase in the number of China’s ETC users will make the 90 percent passage via ETC

a reality by year-end, the action plan said.

Starting from July 1, 2019, the country will strictly implement the poli

cy of granting a discount of no less than 5 percent off expressway tolls for ETC use

rs. By the end of the year, the number of ETC users is expected to top 180 million, the action plan said.

The plan calls for increased investment in building the ETC infrast

ucture to increase the proportion of ETC lanes, which should be no less than 70 percent by

the end of October for big and medium-sized cities, new towns and sites near scenic spots.

Given that some vehicles may not have installed ETC devices by yea

r-end, expressways will still offer some manned lanes, accepting mobile payment.

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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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The strong earthquake was also felt in parts of Ecuador

 FTSE Russell, a leading global multi-asset index, data and analytics provider, said Satur

day that it will add Chinese A shares to its widely-tracked global benchmarks next month.

The addition will be officially effective after the close of share markets on June 24.

According to the plan of FTSE Russell, this move marks the first stage of incorporatin

g Chinese shares into its indexes. In this stage, 1,097 Chinese stocks, or 20 percent of A shares, will be bro

ught into the indexes, drawing an expected $10 billion from passive investors.

FTSE Russell will add 40 percent of A shares to its indexes in September, and another 40 percent in March next year.

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From the beginning until the last game of the Asian Cup

we never doubted him, despite all the ups and downs.”

What players will be chosen by Lippi remains uncertain, but seeking younger talent will be a priority. Lippi led the oldest

team at the Asian Cup this year, with an average age of 30.2 years, and many veterans will retire before the next World Cup.

Lippi’s best shot now is Espanyol striker Wu Lei, who joined La Liga

immediately after the Asian Cup and became the first Chinese player to score in the league.

Government in Nanyang city, Central China’s Henan province, has denied reports that vehic

les driven by water-hydrogen engines have been produced, according to a Beijing News report on Friday.

A Nanyang Daily report on Thursday said that such a vehicle has been produced, saying that the vehic

le consumes water in its engine, and with the help of special catalyst then produces hydrogen to fuel the vehicle.

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ic importance to Huawei. “TSMC produces most of H

uawei’s chips. Only with its cooperation is it possible for Huawei to have a Plan B in stocking

in-house processors in order to offset fallout from the US ban on its access to US chips,” Xiang said.

He said the move by Panasonic also showcases that the Japanes

e tech company is not willing to surrender to political pressure from Washington, after ear

lier reports that it had stopped shipments of certain components to Huawei. The firm bought $6.3 billion wort

h of products including batteries and electronic components from Panasonic in 2018, according to Nikkei Asian Review.

United Kingdom-based mobile operator EE said on We

dnesday that its 5G network in the UK would rely on equipment made by Huawei.

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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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producers or US-based designers. For example, China ma

akes less than $9 from each iPhone. The total price of a phone is ridiculously counted as a Chinese export to the US.

It’s a good thing that China is no longer a low-wage country. Most Chinese are much better off than they were even 10 ye

ars ago. But it does mean that these low-skilled, labor-intensive industries will be moving to less-developed nations. US t

ariffs on such products will only serve to hasten the transition to higher value-added industries that China has to make anyway.

Roughly 20 years ago, when China’s admission to the World Trade Organiz

ation was being negotiated, China’s economy was tiny as a portion of world GDP. It was clearly a poor, less-deve

loped country that, except in a few areas, was not able to compete with Western companies in high-value-added products.

As Alexander Hamilton, the first US Treasury secretary, argued, a dev

eloping country may need to protect its “infant industries” from already established foreign

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