protection has become上海会所y in the integrated devel

opment strategy of the Yangtze River Delta. The general offices of intellectual property joint committee of Zhejiang, Anhui, Jiangsu provinces and Shanghai signe

d a framework agreement on the integrated intellectual property development of the Yangtze River Delta region in Shanghai in April 2018, stre

ngthening cooperation in areas such as regional intellectual property development, joint development, p上海会所

rotection and governance, service sharing and people-to-people and cultural cooperation.A 2019 intellectual pro

perty publicity week summit and intellectual property service industry supporting policy briefings took place in Xuhui district.上海会所品茶微信

Changning district carried on trainings themed on basic knowledge and key points of enterprises’ intellectual pr

operty work, as well as quizzes on intellectual property.Putuo district organized a companies’ i

ntellectual property management salon and other lectures on patent application and protection.上海会所品茶微信

Yangpu district held a symposium on intellectual property protection for enterprise innovation and

development, infringement case sharing session and on-site consultation on information network infringement.

Baoshan district also carried on an on-site consultation receiv

ing more than 120 enterprises and distributing over 800 copies of promotional materials. A symposiu

m themed on “strengthening IPR protection and creating a first-class business environment” also took place in the district.上海会所品茶微信

Jiading district organized an intellectual property public forum for the science and innovation c

上海会所品茶微信ore functional area, and nine district government departments rolled out IPR protection activities.

Minhang district established an intellectual property rights protection expert advisory group as its contribution to this year’s intellec

tual property publicity events. The 2019 internet audio-visual copyright forum kicked off in the district, which also held an enterprise int上海会所

ellectual property strategy seminar and training for enterprise intellectual property management system auditors.

上海会所品茶微信To celebrate World Intellectual Property Day on April 26, all districts in Shanghai organized various forms of intellectual prop

erty publicity events, including seminars, policy briefings, symposiums, training, forums and roadshows.

Pudong New Area released the White Paper on the Intellectual Property Development in Pudong in the Year 2018 an

d held seminars on frontier and hot issues of intellectual property in the IC (integrated circuit) industry.

Huangpu district held a seminar on trademark practices for white-collared workers上海会所品茶微信

and carried out patent practice trainings in the Jiangnan Zhizao creative industrial park.

Relevant departments have also organized efforts to crack down on

IPR infringement, including manufacture and sale of counterfeit and shoddy goods.

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On the other hand,上海会所he past, the Fed now has t

to take the delayed effect of balance sheet reduction conducted earlier into its consideration of rate cuts. The current phase-out of balanc

上海会所e sheet reduction already has some easing effect, and only after the balance sheet reduction ends in September, can its impact become clearer.

By incorporating that impact into consideration, the Fed can draw up a better rate cut plan that maximizes effects of the policy mix.上海会所

Thirdly, the market may have overestimated how much the Fed will cut the rates. There may be no more than three rate cuts by the end of 2020.

St. Louis Fed President James Bullard – the major advocate of this

round of rate cut – has suggested the use of the modern-day Taylor rule, which fairly well explains th上海会所

e Fed’s interest rate decisions. Even based on this model adopted by dovish Fed officials, we found that the degree of rate cuts may be weaker than m

上海会所arket expectation for quite some time going forward: at most one cut by the end of this year and likely two or three cuts by the end of 2020.

By contrast, before the June FOMC meeting, the market expected a higher-than-85-percent chance of more than one rate cut by the

end of this year as well as an about 60-percent chance of more than three cuts by the end of 2020, according to Bloomberg data.上海会所品茶微信

In conclusion, we think as economic downside pressure gradually emerges, the Fed will have to kick off the rate cut cycle. But the rate cut si上海会所品茶微信

gnal, timing and degree may not measure up to the market expectation. Therefore, two future developments appear possible:

First, investor sentiment can reverse drastically if the Fed’s action fails to meet market expec上海会所品茶微信

tation. Considering the market has fully priced in the unrealistic expectation of rate cuts sinc

e early June, any reversal of expectation can lead to short-term fluctuations of key price signals such as the US Treasury yield cu

rve, the US Dollar Index, and the gold price, which may pose extensive spillover shocks to asset portfolios.

Second, the long-term trend of rate cuts will continue even if the market expectation reverses. In the long

run, the Fed is expected to proceed with rate cuts in a fairly slow and smooth way. This will enlarge the monetary policy room of ot

her major economies and expedite the shift toward an easing global monetary environment, which may in turn lift the sen

timent of global stock markets and ease any currency risk of emerging markets gradually.

Cheng Shi is the managing director, head of research and chief economist of ICBC Interna

tional Holdings Ltd.Qian Zhijun is a senior economist of ICBC International Holdings Ltd.

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More than 60 buyers encompassing building materials,

, mining machinery, pesticides, furniture, home appliances, consumer electronics

上海会所品茶微信clothing, and other industries in 16 countries, including Burkina Faso, Ethiopia, and Zambia, conducted one-on-one negotia

tions with more than 90 Guangxi enterprises in seven major industries s

panning construction machinery, building materials, food and medicine, daily house上海会所

holds, pesticide agricultural machinery, electronic equipment, as well as medical equipment.

In addition, the fair also carried out the exhibition and sales of Guangxi specialty products. Hundreds of Nanning enterprise representatives and professional visitors conducted on-site procurement negotiations.上海会所

 globally important fair taking place in southern China is playing an ever greater role in the small and medium-enterprises sector internationally, as it capitalizes on China’s successful multilateral cooperation programs.

上海会所品茶微信The 14th China International Small and Medium Enterprises Fair being held on Oct 10-13 in Guangzhou, capital of Guangdong province, is expected to have greater influence within the international community, according to the event’s organizers.

The organizing committee of the fair, also known as CISMEF, said that a total of 31 countries and regions will send business delegations to the event.

More than 2,000 Chinese SMEs, as well as over 500 SMEs from nations such as Malaysia, Thailand and Russia, have confirmed their participation.上海会所品茶微信

The fair will provide 6,000 stands for participants in an exhibition area covering 150,000 square meters.

Major activities during the main course of the exhibition include a summit for Chinese SMEs and a seminar to upgrade financing among Asia-Europe SMEs.

A promotional convention to popularize new information technology will also be highlighted during the annual event.上海会所品茶微信

On its first day, CISMEF will have a China Small and Medium Enterprises Summit.

In it, Chinese and foreign government officials, well-known economists and representatives of outstanding entrepre

neurs, will exchange policies and measures as well as practical achievements in supporting the development of SMEs.

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Lieutenant General Shao Yuanming, deputy chief of

f the Joint Staff Department of China’s Central Military Commission, said in an afternoon media briefing on behalf of the Chinese delegation that the People’s Lib

eration Army appreciates the US’ willingness to communicate and maintain a stable China-US military relationship.

However, Shao said Shanahan also made some inaccurate claims on China’s military d

evelopment and strategic intentions in his speech, “and the PLA resolutely opposes these accusations”.

Regarding the Taiwan question, the US side has reiterated its

military support to the island based on the so-called Taiwan Relation Act.

“I must stress that Taiwan is an inseparable part of China, and the one-China p

rinciple is the foundation of China-US relations and an international consensus,” Shao said.

ecimy.cn


hina Eastern asks Boeing for 737 MAX compensation

hina Eastern Airlines confirmed to news outlet The Paper on Tuesday it has

officially lodged claims with Boeing for losses cause

d by the 737 MAX’s grounding and late delivery, adding the two companies will stay in communication over the issue.

The move makes China Eastern Airlines the first airline in China to ask Boeing for compensation, as the 737 M

AX suffered worldwide suspensions after two deadly crashes which took more than 300 lives in six months.

Fourteen Boeing 737 MAX jets under China Eastern Airlines have been grounded since March 11.

Boeing stressed that it refused to talk about any communications with its clients.

Bloomberg cited people with knowledge of the matter last Wednesday, saying

www.gzche.org


More nurses sought to treat elderly population

Health authorities will redouble their efforts to train nurses in eldercare as the

proportion of older people in the popula

tion expands and tens of millions of

people struggle with disabilities, a senior health official said on Wednesday.

Jiao Yahui, deputy chief of medical administration and supervision at the Nation

al Health Commission, said there are not

enough nurses to cope with the growing needs of the country’s elderly.

A regulation on the training of healthcare workers and standards of service is being drafted.

It is expected to boost the number of nurse’s aides, Jiao said ahead of

International Nurses Day on Sunday.

The nurse’s aides will complement the work of full-fledged nurses to meet the demand for services for the elderly, she said.

www.ypqsr.cn


In the 1980s, the share of the US in the world econ

omy was more than 20 percent; in the past four decades, it has steadily

declined to 15 percent. At the same time, China’s share (in purchasing powe

r parity terms) has soared from 5 percent to about 20 percent. While the PPP indicators inflate the

pace of progress, the trend lines do herald a coming structural shift in the world economy.

China can foster the share of developing nations

In the future, the well-being of the advanced economies will de

pend on the rising living standards in less-wealthy nati

ons. And just as US leadership supported the role of the advanced countries in the 20th century world, Ch

ina has the potential to foster the share of emerging and developing countries in the 21st century.

In particular, the China-proposed Belt and Road Initiative can redirect domestic overcapacity and ca

pital for regional infrastructure development to improve trade and relations with Southeast and So

uth Asia, Central Asia, the Middle East and Europe-even across the Americas and Sub-Saharan Africa.

zaddw.cn


tional order that was founded by the UN and that br

ught about more than 70 years of general peace and rapid development after World War II. We mus

t oppose a Cold War mentality and competitive rivalry, which go against the tide. We must firmly pro

mote economic globalization, and prompt it to develop in a more inclusive, mutually beneficial, equitable and rat

ional direction so as to realize a common prosperity and progress of humanity.

Third, we should be disseminators of Chinese civilization. Many pun

dits in the contemporary world think that China’s traditional culture contains important an

swers to resolving difficult problems of today’s world. A nation’s most profound spir

itual pursuits are deposited in its culture. China’s development path is rooted in its civilization and traditions.

www.qianpadag.com


It is welcome news to hear that the National People’s

Congress has already taken steps to lay the groundwork” for implementing the new Fo

reign Investment Law, said Gupta, who brought up the possibility of China establishing “an ombudsperson’s desk” in

related government agencies to address foreign businesses’ legal concerns.

Gupta said China’s Foreign Investment Law could be a model for others looking to liberalize their foreign investment regi

mes, as China’s BRI is already delivering capital and know-how to other developing countries.

Overholt said that China’s past opening-up has been “extremely positive” gl

obally, and the BRI is a “very positive” vision that is good for China and the world.

“The key will be the implementation,” he said. “If the implementation is improved, it would be good for everyone.”

jvuau.cn


Oh Ei Sun, a senior fellow at the Singapore Institut

e of International Affairs, noted Xi’s emphasis on high-quality development, free t

rade and people-to-people bonds, “all of which are sorely needed around the world”.

“The shift toward high-quality development is a natural extension of what China has been doing for the past few ye

ars. Now that the BRI is five years old, it’s about time to upgrade quality joint development,” he said.

“China is trying to address the concerns that have been raised sinc

e the last Belt and Road Forum two years ago. One of these concerns is the need for infr

astructure projects to be more responsive to the local circumstances of BRI member countries.”

Duncan Freeman, a research fellow at the EU-China Research Centre at t

he College of Europe in Bruges, Belgium, said infrastructure is important for economic gro

wth, so building infrastructure and building connectivity and efficient infrastructure are important.

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