He added Zurich has str上海楼凤rest in the IAB progr

ram put forward by the local government, covering information technology, artificial intelligence and biological medicine.

“Information technology has high risk and cyber security is what the nation pays close attention to,” he said.上海楼凤

上海楼凤”Zurich is experienced in cyber attack insurance. We are convinced that there will

be plenty of opportunities for business with the information technology industry.”上海楼凤

The cultural and creative industry in Tianhe district in Guangzhou has made huge gains

上海楼凤品茶微信on the back of supportive policies, culture exchange platforms and a cluster of leading companies, experts said.

Broadly speaking, the cultural and creative economy comprises advertising, architecture, art, crafts, design, fashion, film, mu

sic, performing arts, publishing, research and development, software, toys and games, TV and radio, and video games.上海楼凤

“Tianhe district enjoys unparalleled advantages with its economic and cultural foundation and creative talent pool,” said Zha

o Haizhou, vice-president of Kugou Music, a major online music provider based in Guangzhou.上海楼凤

“So, it is the optimal location for the cultural and creative industry,”

In addition to Kugou Music, the district has gathered many other le上海楼凤品茶微信

ading cultural companies including Fangsuo Commune, NetEase and UC Browser.

上海楼凤In 2016, the value added of Tianhe district’s cultural and cr

eative industry hit 28.35 billion yuan ($4.29 billion), 11.1 percent higher than 2015.

It accounts for 7.46 percent of the district’s GDP and 29.7 percent of the total value added上海楼凤

of Guangzhou’s cultural and creative industry, ranking it No 1 in that sector in Guangzhou.

Mao Jihong, founder of Fangsuo, a creative bookstore which entered Guangzhou in 2011, said he was glad to have settled there.上海楼凤品茶微信

Four hundred cultural exchange activities and 60 art exhibitions have been held the

re in the past six years. The number of visitors to the district is expected to hit 10 million in 2017, Mao said.上海楼凤品茶微信

In 2017, Tianhe district issued a series of supportive policies to boost cultural and technological innovation there.

Every year, a specialized fund is used to support key cultural fields, including digital cont

ent and creative design as well as cultural and arts services, according to the local government.

The cultural and creative companies can get stipends of up to 500,000 yuan, it said.

“Tianhe district is open and inclusive enough to develop the cultural and creative industry,” Mao said.

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The guideline emphasi上海楼凤品茶微信tion and a crac

ckdown on bre上海楼凤品茶微信aches by listed firms, which is conducive to boosting investor confidence for the STAR Market,” he said.

For instance, the guideline calls for stricter criminal liability for issuers and intermediaries tha

t engage in fraudulent floats, and identifies the civil liability of brokerages in reviewing investors’ su

itability to shield those unable to deal with the risks of investing in high-tech companies.

According to Liu, it is of great importance to strengthen the protection of investors in the new board.

“It’s not only because inadequate investor protection has been a bane of the whole A-share market, but also becau

se innovations on the new board could induce risks that could be prevented by a sound judicial system.”

exdkjp.cn

After a half-month visit to China, a team from the IM

led by Asia and Pacific Department Deputy Director Kenneth Kang, summarized that “China can play an impor

tant role and would benefit from further opening up and other structural reforms that enhance competition.”

The previously issued policy is sufficient to stabilize growth by 2020, despite the rec

ent US tariff hike, according to the fund’s report. “No additional policy easing is ne

eded, provided there are no further increases in tariffs or a significant slowdown in growth.”

Only if the trade tensions further escalate and threaten economic and financial stability, a

dditional policy easing, such as fiscal expansion, could be used to stabilize the economy, it said.

www.ypcxf.cn

White paper: US backtracks on its pledgesington’s dema

The United States should take responsibility for the setback in economic and tra

de consultations with China, a government white paper said, warning that “red lines” cannot be crossed.

The US government has backtracked on its commitments three times in the trade negotiations with

China and should bear sole responsibility for the stalled progress, the paper said on Sunday.

The white paper, “China’s Position on the China-US Economic and Trade Consultations”, was

released by the State Council Information Office. It came amid ongoing tension between the world’s two largest economies.

Speaking at a news conference on Sunday, Vice-Minister of Commerce Wang Shouw

en said China is willing to work together with the US to find solutions concerning differences on the eco

nomic and trade fronts, and to reach a mutually beneficial and win-win agreement.

ypidv.cn

hina’s revised civil servant law takes effect

China’s civil servant law, newly revised in December 2018, took effect Saturday.

The revised law clarifies systems of civil servant promotion and asses

sment, and includes statutes to improve rewards and benefits such as pension schemes.

It also tightens supervision over civil servants, keeping its statutes in

line with the supervision law and disciplinary rules of the Communist Party of China.

The revised law bans civil servants from working as leaders of industry regulators or administrati

ve departments in charge of supervising businesses run by their spouses, children or in-laws.

The civil servant law first took effect in 2006.

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“It’s quite unusual for FedEx to reroute all four par

cels by mistake. If they did, they will be held responsible for contract infringement,” sai

d Yin Shaocheng, an associate professor of law at Capital University of Economics and Business.

Huawei was among the Chinese tech companies recently entered on

to the US’ Entity List which bans US companies from selling components and software to them.

Vice-Minister of Commerce Wang Shouwen said there is no need to over-interpret the cas

e, since “foreign companies will be investigated when possible violations occur in accordance with Ch

inese laws”. Wang said China always protects the legitimate interests of foreign investors.

The strength of China’s economy is propelling its cities toward

s greater prominence on the global stage, a report has shown.

China is gaining ground on both Europe and North America as its impro

vement in performance and potential outpace those of Western cities, accordin

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Wuxi officials punished over kindergarten ‘gang’ question

Three officials in Wuxi, East China’s Jiangsu province, have been gi

ven Party and administrative punishments on Thursday over an inappropriate question about

whether kindergarten children were involved in gangs, the local government said on its official Wechat account.

According to the government of Wuxi’s Xishan district, Feng Dongyan, director and Party chief

of the Xishan Education Bureau, has been given the punishment of warning within the Party.

Wang Zhaoyu, director of the educational bureau’s general office, has been given a serious warni

ng within the Party and removed from office. Lu Zhongxian, director of the bureau’s educational equi

pment and student aid management center, was also given a serious warning and dismissed.

ax142.cn

To achieve the government target of bringing down the

the percentage of adult smokers to 20 percent by 2030, we have a lot of work to do,” he said.

The biggest obstacle to tobacco control in China is the powerful toba

cco industry, which is one of the biggest tax contributors to the government, he said.

Despite an increasing number of cities having local regulations on tobacco control,

national legislation is still lacking, due to causes including influence from the industry, he said.

“Only a few big cities, such as Beijing, Shanghai and Shenzhen h

ave strict tobacco control regulations and law enforcement, but in most areas in China suc

h regulations are absent,” he said. “The prevalence of tobacco has caused serious health conseque

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Trade between the two countries “made a major breakthr

rough” and exceeded $100 billion in 2018, and the two permanent members of the United Na

tions Security Council have been coordinating closely on major international issues, Ruan said.

This year marks the 70th anniversary of the establishment of bilateral ties, which are said to have reached their best level in history.

Also, the attendance of the two countries’ leaders at each other’s intern

ational forums shows both sides’ support for an open global economy, Ruan added.

Addressing the plenary session of the Fourth Eastern Economic Foru

m in Vladivostok, Russia, in September, Xi called for regional members to actively alig

n their development strategies and work together for an open regional economy.

12xe6.cn

At present, 5G has become the driving force to boost Ch

hina’s innovative and high-quality development,” Sui Zhenjiang, vice-mayor of Beijing, said on Wedne

sday during a 5G industrial development and investment summit held in Yizhuang, in southeastern Beijing.

“Beijing is actively transforming itself as a national scientific and tech

nological innovation center. With advantages in complete telecom infrastructure, abunda

nt talent and strong research and development capabilities, we have the resolve to accelerate the push for making brea

kthroughs in 5G technologies and build an independent and innovative 5G industrial system,” Sui said.

As of May 24, the three major telecom operators-China Mobile, Chin

a Telecom and China Unicom-have established 4,700 5G base stations in Beijing, acc

ording to Wang Gang, head of the Beijing Municipal Bureau of Economy and Information Technology.

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