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摩根大通:新兴市场股票跑赢发达市场的时代结束了

2019-09-21 19:02 来源:放心医苑

  摩根大通:新兴市场股票跑赢发达市场的时代结束了

  Anaerialviewoftheworld’sfirstphotovoltaicexpresswayduringconstructioninJinan,EastChina,Shandongprovince,sometrafficnoisesthreelayers:transparentconcreteontop,lasphalthighwayandcanalsogenerate1millionkilowatt-hoursofelectricityeachyear,,isshifttowardgreenervehiclesandmoreenvironmentallyfocusedintellectualproperty,,,000yuan($470)persquaremetertobuild—,thisprojectandotherdevelopmentshighlightChinaswideandever-increasingcapacity,andambition,,domesticc,inhiskeynotespeechattheBoaoForumforAsia,PresidentXiJinpingemphasizedthattherewouldbegreaterprotectionofIPR."tion,anditwouldprovidethebiggestboosttothecompetitivenessoftheChineseeconomy,",thefounderandCEOofmobilepaymentserviceQFPay,believesanincreaseinregulations,includingstrongerIPRprotection,"Besidesprotectingintellectualproperty,italsohelpsanyindustrytomaintainsafetyandqualitystandards,"Leesays."Thoughthelackofrestrictionsisgreatforinnovationstoinitiallyemerge,regulationsdohelptolighttheirpathgoingforward."AsXisaidinhisBoaospeech,itwillalsoserveto"increaseChinaseconomiccompetitiveness".Thisisgoodnewsfordomesticcompanies,,177RDresearcherspermillionofitspopulation—threetimesthenumberofresearch,321researcherspermillionofitspopulation,n,accordingtotheUnitedNationsEducational,,,thecountrycameinjustbehindtheUS,whichproduced600,sdrivetobecomeanadvancedmanufacturinghub,thenumberofinnovationsfromthecountryislikelytosoar."Whatwewanttograduallyreleasetotheworldareupgraded,middle-tohigh-endproducts,"",forexample,Igthroughtheirphonesthere,"saysQuekSiuRui,co-founderandCEOofSingapore-basede-commerceplatformCarousell."TherestoftheworldneedstocatchupwithChina,"ceinChina,memberbusinessesweredividedontheirviewsofChina,chairmanofthechamber,recentlyissuedastatementsayingthatitsmembership"wantsalevelplayingfieldandreciprocaltreatmenttoimprovemarketaccessinChina".Chineseauthoritieshavebeenhardatworktocombatthesourceofsuchworries."China,"Vice-PremierWangYangsaidduringaChina-USJointCommissiononCommerceandTradeinWashington,DC,,Chinahasinvestigatedandhandledmorethan1millioninfringementandcounterfeitingcriminalcasesandsentencedmorethan70,,ShanghaiandGuangdong.AmanstandsatEmersonsnewMeasurementTechnologyCenterinBeijing,whichopenedlastNovembertoserveitsautomationsolutionsbusinessinChinaandacrossAsia.[Photo/ChinaNewsService]EditorsNote:Thisyearmarksthe40thanniversaryofChinaaniesfortheirviewsonthecountrystothegrowthofChinasenergyindustryPleaseusethreewordstodescribeChina,formandopening-uppolicy40yearsagoThe40yearsofreformandopening-uphavemadeChinamoremodern,moreinternationalizedandmoredeveloped,ssecond-largesteconomyanditsimageasoneoftheworldaandfortheChinesepeople,qualitydevelopment,fromatraditionallow-costlabormanufacturingcountrytoamoreinnovation-based,talent-oriented,sthebiggestchallengeChinafacestodayandhowcanthecountryovercomeitNowthatChinahasenteredaphaseofslowergrowth,oneofthemainchallengeswillbetomaintainitssuccessfultransitiontoaconsumer-oriented,,includingthe13thFive-YearPlan(2016-20),,thegovernmentsdevelopmentstrategytoincreaseregionaltradeandencouragebroaderglobaleconomiccooperation,iscreatingenormousbusinessopportunitiesthroughoutAsia,nologyinnovation,infrastructure,education,finance,senvironmentalanddevelopmentchallenges,Emersonisworkingwithindustryandgovernmentagenciestopromotetheefficientuseofenergy,includingimprovedenergyefficiencystandards,developingtechnologiesandsolutionstoboostcleanerenergyproduction,late1970s,Emersonwasoneofsixglobalcompaniesinvited,Emersonwastheonlycompanythatwaswillingtoenteralicensingdealtosupplytec,wearecommittedt,000employfter40yearsofreformandopening-up,Chineseenterpriseshaveundergonetransformationsintermsofsize,structure,ness,,wecompletedastrategicportfoliorealignmentprogram,whichenablesustofocusonourtwocorebusinesses-automationsolutions,andcommercialandresidentialsolutions-tobuildonourstrengthsandleadership,tinuousresearchanddevelopmentandinnovation,andasroleintheworldtodayOverthepast40years,Chinahastransformedfromanundevelopednationtoar,ChinasnatssustainedeconomicgrowthhastranslatedintoincreasingvisibilityontheworldstageandPrsdevelopmentoverthisperiodhasnotonlymadeitapowerfulengineofworldeconomicgrowth,butalsocontributedtotherecover,Chinaactivelypromotesthelinkingofdevelopmentstrategiesofallnationsacrosstheregionandbeyond,anditishelpingtoboostlocalemploymentande,itisalsoimportanttoenforceintellectualpropertyrightsande,intellectualpropertyrightsp,wearealsointerestedinChinasreformanddevelopmentactivitiesinkeyareassuchasconservationofenergy,reductionofcarbonemissions,improvementofairquality,sustainablefoodwastemanagement,sexperiencesandpracticesbeusedtosolveglobalproblemsThegovernments13thFive-YearPlanlaysdownthestrategyandpathwayforChina,urbanizationandsocialwelfare,environmentalprotectionandtalentdevelo,Chinahassetitsownambitiousdevelopmentgoals,governmentistakingconcertedactionstsnewgreenp,wefeelthatifanenterprisecanwininChina,,Chinaisoneofourmostimportantmarketsandmanyofourkeyproductsare,,,withitsnewterminal,,Ihavewitnessedthespeedofthenationstransformation,,whatprogressinotherfieldshaveyouwitnessedinChinainthepast40yearsOneexamplethathasbeenextremelyimpressiveisChina,dams,,thelengthofChinashighwaysandhigh-speedrailmileagearerankedNo1intheworldandthenationalhigh-speedrailway,whichdidnotexist10yearsago,isnowmoreextensivethantheEuropeanUnionstransportationisindeedthespeedofChina!

(left)andaphotoofFuGuiat10postedbyhimselfonthesamesite.[]Iassumedtheavatarofatechnologyreporterthreeyearsago,whenGoogles"Dontbeevil",technologygiantsproductsandservicesareomnipresent,,like,say,Facebooksrecentdatabreachscandal,,asIdeepenedmyunderstandingofthetechindustry,Idiscernedthatforward-lookingcompaniesdon,theybelieveabetteroptionistomakeuseofcutting-edgetechnologieslikefacialr,itcouldbringabou,that:,orBabyComeHome,,whattooktheirreunionsolongwasthattheinformationtheypostedonlinewashugelydifferent,spostsaidhewasborninApril1986andwent"missing",,thefathersaidFuwasborninNovember1984andwentmissingin1990fromavillageinChongqing,about1,,againstallodds,A,thesystemcrunchedallthatdsjustoneexampleofhowfacialrecognitionisbeingusedacrossChispublicsecuritybureaus,moreandmorefamiliesthathadlostallhopeoffindingtheirlostlovedones,,000,usingfacialrecognitionandothertechnologies,officialshavehelpedabout95percentofsuchpeopletofindtheirlostorseparatedfamilymembersorreachtheirhometowns,,sperhapsneedlesstosaythen:ifproperlyusedandprivacyiswellprotected,newtechnologiescanmakeapositivedifferencetopeople,,some1,370seniorpeoplegomissingeverydayonaverage,accordingtoa2016rep,fromtechnologycompaniesstandpoint,,whichincludesthepublicsecuritybureaus,isnowoneprofitsThisvasegatheringdustinaloftturnedouttobeahugely-importantChinesevasewhichhassoldafteratenseauctionroombattle.[Photo/VCG]UnsuspectingownersbroughtthetreasureinashoeboxforvaluationAlong-forgottenandrareChineseim($19million)atSothebyhevase-decoratedwithdeerandcranes-at500,ssaidthevaseisofexceptionalrarityandtheonlyknownexampleofitskind,bearingamarkfromthereignoftheQianlongEmperor(1736-95).The18thcenturyporcelainvasewasfoundbychanceamongdozensofotherpiecesofChinoiseriesinanatticbyitsunsuspectingowners,,SothebysAsianartsexpert,openedtheboxtoexaminethevase,hewasimmediatelystruckbyitsquality."Thisisamajorworkofart,itisasifwehadjustdiscoveredaCaravaggio,"uncleandappearsa,"tookthetrain,thenthemetroandwalkedonfootthroughthedoorsofSothebysandintomyofficewiththevaseinashoeboxprotectedbynewspaper".Headded:"Whensheputtheboxonmydeskandweopeneditwewereallstunnedbythebeautyofthepiece."However,theexactprovenanceoftheitembefore1947cannotbetraced.

  AreportbytheprofessionalnetworkingwebsiteLinkedInfoundatalentdeficiencyinthecoretechnologiesofautonomousdrivinginChinaandsuggestedlocalenterpris,thereportshowedthatlastyeartheC++programlanguageandMatlabtoppedtherankingsinareasrelatedtotheneedformoretalentinautonomousdrivinginChina,butth,theincreaseinthetalentsupplyincoretechnologies,includingdeeplearning,computerscienceandmachinelearning,intheUSwasfaraheadofChina,a,vice-presidentofglobalrecruitmentatByton,aJiangsuprovince-basedelectriccarstartupfoundedbyformerBMWexecutives,echoedthereportfindings,andsaidthatwasoneofthemainreasonsthatmanyChineseenterprises,includingByton,setupanofficeorconductedrecruitingatSiliconValley."Talentavailabilityisoneofthefactorsforustodecideourgloballocations,",Germany,n,Zhusaid."ForSiliconValley,itistophigh-techandadvancedengineering;forMunich,itissupremedesign;andforChina,itisautomotiveandindustrialmanufacturing,engineering,salesandmarketinginadditionaltohigh-tech,",suchasSuzhou,NanjingandHangzhou,formedacompetitivegroupinappealingtotalentinnewenergyandintelligentautomobileswhile70percentofsuchtalentinthecountrygatheredinShanghai,Beijing,,thehighestforthenation,yinSuzhou,along-establishedindustrialbase,andthoseneighboringcities,suchasShanghai,hometoleadinginstitutionsincludingShanghaiJiaoTongUniversityandTongjiUniversity,areimportantcontributingfactors.Chinese100yuanbanknotesareseeninacountingmachinewhileaclerkcountsthematabankinBeijing,March30,2016.[Photo/Agencies]Aftermorethan10yearsofwildexpansion,willChinascredit,($)byFebruaryintermsoftotalsocialfinancing,betamedbyanewlyformedregulatoryframeworkfortheassetmanagementsegmentAbout8millionfinancialpractitionersintheChineseassetmanagementsegmentmaystartthinkingabouttheirfuturejobs,ortaketheearliestopportunitytochangecareers,beforewhattheyseeastheregulatoryhurricane,whoisworkingwithalargesecuritiescompanyandleadsitsassetmanagementteam,saidthatthoseworkinginthesectorworrytheymightlosejobswhenthenewrulestakeeffect."Themostprofitablebutriskybusinesseswillbestoppedwhentheregulatorssetleverageceilingsonassetmanagementproducts,",thetotalassetsofanopen-endedpublicofferingproductshouldnotexceed140percentoftheproductsnetassets,whilethetotalassetsofaclosed-endpubl,especiallypeoplewho,theyareafraidthatthe"safe"produc,stocksorelsewhere,searchingforhigherreturnsifthesafeinvestmentcannotbeguaranteedanymore,,couldthissetoftightenedregulationsbecomeacagetocontrolfinancialrisksorevolveintoanearthquakeshakingtheveryfoundationoftheChinesefinancialsystemInthewakeofthe2008globalfinancialcrisis,chaswealthmanagementandtrustproducts,,thisalsobooste,10yearsaftertheGFC,thecountrystopfinancialregulatorsaresettoreinintheside-effectsofthefinancialstimulus,championingthecauseofdeleveraging,"newera",rapidcreditgrowthwasmainlydrivenscommercialbanks,whichdominatethedomesticfinancialsector,mayseektocreatemorecomplexandnon-transparentinstruments,orinformalfinancingchannels,,whetheractivity-basedorentity-based,couldbeexpectedsoon,,however,isanart,notafinancialtechnique,ontrol,someindustryobserversfear.

  ChineseinvestorsremainenthusiasticaboutinvestingintheAfricanmarketdespitefrustrationsandchallengescomingfromunexpectedrestrictions,,Chineseenterprises,bothmajorState-ownedonesandprivatelyownedsmallones,havebeenfindingtheirwayontotheAfricancon,000ChineseenterprisesoperatinginAfrica,with90percentbeingprivatelyowned,accordingtoWeiJianguo,,therearemorethan300Chineseenterprises,investingatotalof$13billioninfinance,electronics,telecommunications,,theBeltandRoadInitiativecertainlyservesasabigboosttoChineseinvestorsioninJohannesburglastmonthrevealedthatencouragedbytheinitiative,almo,forinstance,isspeedinguptheconstructionofitsmanufacturingplantinPortElizabeth,SouthAfrica,togetherwi,LiXingxing,executivevice-presidentofBAICInternationalDevelopment,promisedthattheplantwillgointooperationaccordingtotheoriginalschedule."Theequipmentfortheassemblylineworthabout$50millionhasbeenmanufacturedbackhomeandisreadytobeshippedtotheplantnowunderconstruction,andtheplantwillgointooperationwithoutanydelay,"Lisaidinhisofficemerelyafewhundredmetersawayfromtheconstructionsiteofthenewplant,neighb($843million)projectisnotonlyBAICsfirstoverseasmanufacturingplantbutalsoSouthAfrica,alocalchamberofcommerceclaimedthattheprojectwasfivemonthbehindschedule,thatproblemsinvolvingprocurementandlanguagedifferenceswerehinderingcommunicationbetweenthepartnersandthatco,althoughth,TongRenTang,theleadingtraditionalChinesemedicineproducer,istryingtopersuaderelatedSouthAfricanauthoritiestograntvisasandworkpermitstoTCMwhoaretakingalikingtoChinesemedicineandacupuncture,panyfindsitdifficulttoobtainworkpermitsforT,manyTCMdoctorsgainedexperiencean,however,maynotmeettherequirementso,applicationsbygooddoctorsareturneddown,frustratin,forinstance,isopenbuthasnodoctors."Wehavetoborrowdoctorsfromotherclinics,andthatmeansotherclinicshavetobeclosedduringtheirabsence,"saidZhongPeng,presidentofTongRenTang,15ofwhomwerelocalhires,andisintalkswithlocaluniversitiestoprovideacupuncturecourses."WehaveplanstosetupmoreclinicsandpharmaciesinotherAfricancountriesinthenextthreeyears,",projectdirectoroftheZanzibarairportterminalinTanzania,ontheotherhand,hashisheadaches."Hopefully,wecanrestartourprojectandhandoverthekeytoourpartnerbeforethefirsthalfof2019,"rminalinuse,Chengsaidthepro,theterminalinvolvesaninvestmentof$,theterminalsroofandglasscurtainwallshavebeencompleted,nspectionanditslikelythatnewfundswi,onlybygoinglocalandbenefitingAfricanpeoplecantheyensureitssustainabledevelopment,,Chineseenterprisesareemployingmorethan24,000localpeople,accordingtoSACETAplantisfullyoperational."IncomingtoinvestinAfrica,oneshouldhaveathoroughunderstandingofthelocallaborandemploymentpolicies,"saidLi,ketandstrictlyabidingbythelocallawsandregulations."Thebiggestthingliesinhowwe,theChinese,,"Lisaid.ZhangjiajieGrandCanyonGlassBridge.[Photo/ChinaNewsService](ECNS)-ZhangjiajieGrandCanyonGlassBridge,designedbyChinaRailwayMajorBridgeReconnaissanceDesignInstitute(BRDI),haswontheArthurGHaydenMedalinthe35thInternationalBridgeConference(IBC),thepre-eminentarenafortheworld,withsevenawardsinhonorofdistinguishedengineerswhohavengineeringdemonstratinginnovationinspecialusebridgessuchaspedestrian,people-mover,ornon-traditionalstructures,sHunanprovince,,,alsoresponsibleforthebridgesmaintenance,successfullysolvedthetechnicalchallengesincablesystemdesign,glassbridgesurfacestress,windresistance,human-inducedvibration,,BRDIschiefdesignerforthebridge,saidthebridgeusheredintheeraofcustomized,multifunctionalsuspensionstructuresinChina,XuGongyi,deputychiefengineerofBRDI,,erforover50bigbridgesinChina,winninganumberofdomesticandinternationalawards.

BEIJING-TheStateCouncil,Chinascabinet,onWednesdaydemandedmoreairpo,thecountryshould"furthermarkedlyreducethedensityoffineparticulatematterandthenumberofdaysofheavyairpollutionwithinthreeyears,"saidastatementreleaseda"mainbattlefields"of"thewartodefendtheblueskies"includetheBeijing-Tianjin-Hebeiregionandneighboringareas,andtheYangtzeRiverDeltaregion,,nonewproductioncapacityforsteel,coking,andelectrolyticaluminumwillbeallowed,ragetheeliminationofinlandrivervesselsthathavebeeninuseformorethan20years,dallaroundthecountrystartinginJan1,ekeyareasforairpollutioncontrol,andeliminatecoal-burningpower-generationunitsthatdonervision,andgeteveryoneinvolvedtoprotecttheblueskies,thestatementread.

  HARBIN-ArchaeologistshaveconfirmedthatarockpaintingdiscoveredintheLesserKhinganMountainsinnortheastChinasHeilongjiangProvincedatesback12,,researcherwiththeprovincialinstituteofarcheology,saidthats,whichmeanstherockpaintingsweremadebeforetheextinctionofthemammoth,oratleast12,,archaeologistsbelievethatthepaintingsweremadebyusingfingers,notbrushes,andwithpaintssuchasochre.",whichhashelpedtheartworksurvivethousandsofyears,",deputyheadoftheinstitute,saidthediscoveryisimportantinthestudiesonlifeintheLesserKhinganMountainsduringthePalaeolithicperiod,andcanprovideinfo

  BEIJING--Chinawillconductasix-monthsurveyofconservationlandtoprotecttheenvironment,anofficialwiththeStateForestryandGrasslandAdministration(SFGA),theconditionofprotectedlandwillbeexaminedtoaidpreventionandcontainmentofdegradation,LiChunliang,,,Chinahasatleast10,000conservationareas,about18percentofthetotallandarea,consistingofawiderangeoflandscapessuchasforest,grassland,,aplanonthenationalparksystem,gavethestrictestprotectiontoparksandplacingthemwithin"redlines,"akeyg,Chinaaimstohaveaunifiedmanagementsystemfornationalparks.Aself-drivingtruckondisplayduringanindustryexpoheldinTianjin.[PhotobyJiaChenglong/ForChinaDaily]AutonomoustruckingiscomingfasterthanexpectedinChinaasChinesedriverlesstruckstartupFabuTechnologysaidonTuesdaythatitsdriverlesstruckshadalreadytakenpartinopenroadtestsanditplanstoachieveintercitycargotransportationthisyear,whichisexpectedtoreshaperadicallythenationsfreighttransportationmarket."Ourself-drivingtruckisexpectedtoachieveinter-citycargotransportationthisyear,within-cityfreightdeliveryby2019andinter-provincedeliveryby2020,"saidHeXiaofei,founderandCEOofFabu,whowasalsoformerseniordeputypresidensself-drivingtruckisabletorunautomaticallyonroads24hoursadayan,ChinaslargestUber-likefreightserviceprovider,isjumpingonthebandwagontodevelopautomationtechnolo,Chinahasbecometheworldsbiggestroadtransportationmarketandthenation,HeleftDidiandfoundedthecompanyinJulylastyearandhasraisedanundisclosedsumofmoneyfromSinovationVentures,aleadingearlystageventurecapitalfirm."Comparedwithdriverlesspassengervehicles,commercialvehiclesincludingunmannedtrucksfollowafixedroute,forexample,fromonewarehousetoanother,andruninarelativelysimpleroadcondition,"saidHe,addingthatitsalsooneofthereasonswhycommercia,hesaidthatdevelopingdriverlesstrucksfacesanumberofobstaclesincludingstabilityandmaneuverability,,CaoYu,co-founderofFabu,saidthatthecompanywilldevelopindependentlydedicatedchipsandwillintegratealgorithmwithchipstoimprovethereactionspeedandpowerconsumption."Whilet,respectively,,whichisevenfasterthanthatofF1racingdrivers,"headded.

  AChevroletBoltEVself-drivingtestcarisdisplayedatGMsheadquartersinDetroit,Michigan.[PhotobyRebeccaCook/ForChinaDaily]InvestmentputsweightbehindautonomousunitsfutureDETROIT-JapansSoft-BankGroupCorpwillinvest$sautonomousvehicleunitCruise,thecompaniessaidonThursday,adealthatvalidatesthevenerableDetroitautomakers$100billionVisionFundisoneofthehighestprofile,largestinvestmentstodateinself-drivingtechnology,anindustrythatcouldrevolutionizetransportationbutfacesengineering,safetyandregulatorychallenges,,suchasrideservicesproviderUberTechnologiesInc,,"otheropportunities"withsomeofthecompaniesthatSoftBankhasfunded,includingUber,ChinasDidi,IndiasOlaandSoutheastAsia$,afigureexceedingsomeanalysttargetsandatriumphforGM,whichwascriticizedforoverpayinganestimated$slsWaymoareoftendescribedasleadingthepackoftechnologyandautocompaniescompetin,whichplanstolauncharobo-taxiservicelaterthisyear,underscoreditsownambitionsonThursday,announcingadealtobuyupto62,;TeslaInchastalkedaboutcreatinganetworkofself-drivingcarsandUbersaysitisstickingwithadevelopmenteffortkstouseWaymotechnologyontheUbernetwork,asignofhowalliancesandpartnershipsarestillbeingformed.ReasontoownGMGMsinitialpurchaseofCruisewasmetwi,itignitedadealfrenzyinSiliconValleyandhikedself-drivingstartupvaluations,,althoughCruiseCEOKyleVogtlastyeartoldaFortuneeventthatitwas"notsmoothsailing"atfirst."Ittookusprobablysixmonthstoayeartoreallyfigureouthowtoworkwelltogetherandtoachievewhatwehavenow,whichismutualrespect,"$ngridehailing."GMhasameaningfulseatatthetable,""areasontoownthestockagain".GMwillalsoinvest$,,andwillholdoneofsixseatsonthecompany$900millionandafurther$,

  [Photo/VCG]ChinesesmartphonevendorVivoistestingthelimitsoftechnologywithitslatestmodelNex,whichfeaturesabezel-lessdesign,,releasedinShanghaionTuesdaynight,isVivoslatesteffortto,,theVivoNexdoesnothaveanotchontopofitsdisplay,afeaturefirstu,,seniorvicepresidentofVivo,saidthecompanyisrampingupitsresearchanddevelopmentcapabilities,withastringofartificialintelligencelabsandRDcentersbuiltinChinaandoverseas."Nexistheresultofourconsistenteffortstomakesmartphonesthatcanreallystandoutinthefiercemarket,",988yuan($780)inChina,Nexisequippedwithanextendiblefrontcamera,retractsautomaticall,Vivosaidthecamera,whichcomeswithan8-megapixelsensor,canberaisedandloweredmorethan50,,,thepremiumversionofNexistheQualcommSnapdragon845processor,,researchdirectoratmarketresearchcompanyCounterpoint,saidVivoisputtingresourcesintotechnologiesthatconsumerscaneasilyrelatetoandappreciate."Thepublicdonotnecessarilyunderstandhow3Dcamerascanempowertheirphones,sattitudetowardinnovationisverydown-to-earth,",,,,datafromCounterpointshow.AnemployeeattachespaperworktothewindshieldofavehicleinthegeneralassemblyshopattheSAIC-GM-WulingAutomobileCoBaojunplant,ajointventurebetweenSAICMotorCorp,GeneralMotorsCoandLiuzhouWulingAutomobileIndustryCo,inLiuzhou,Guangxiprovince,May23,2018.[Photo/VCG]SHANGHAI-UScarmakerGeneralMotorshasinauguratedabatteryassemblyplantinShanghaithatwillsupportthecompany,operatedbySAIC-GMjointventure,isthesecondGMbatteryassemblyplant."WewillcontinuetogrowourelectricvehicleportfolioinChinawithdiversesolutionsthatencompassvariouselectricrangesandbodystyles,"MattTsien,presidentofGMChina,,en2016and2020,andthenumberofnewenergyvehicleswouldbedoubledby2023,asChinawasplaying"anessentialrole"evyingforshareinChina,,accountingformorethanhalfoftheworld,seekingatimetablefortheeliminationofvehiclesusinggasolineanddiesel.

  AmanstandsatEmersonsnewMeasurementTechnologyCenterinBeijing,whichopenedlastNovembertoserveitsautomationsolutionsbusinessinChinaandacrossAsia.[Photo/ChinaNewsService]EditorsNote:Thisyearmarksthe40thanniversaryofChinaaniesfortheirviewsonthecountrystothegrowthofChinasenergyindustryPleaseusethreewordstodescribeChina,formandopening-uppolicy40yearsagoThe40yearsofreformandopening-uphavemadeChinamoremodern,moreinternationalizedandmoredeveloped,ssecond-largesteconomyanditsimageasoneoftheworldaandfortheChinesepeople,qualitydevelopment,fromatraditionallow-costlabormanufacturingcountrytoamoreinnovation-based,talent-oriented,sthebiggestchallengeChinafacestodayandhowcanthecountryovercomeitNowthatChinahasenteredaphaseofslowergrowth,oneofthemainchallengeswillbetomaintainitssuccessfultransitiontoaconsumer-oriented,,includingthe13thFive-YearPlan(2016-20),,thegovernmentsdevelopmentstrategytoincreaseregionaltradeandencouragebroaderglobaleconomiccooperation,iscreatingenormousbusinessopportunitiesthroughoutAsia,nologyinnovation,infrastructure,education,finance,senvironmentalanddevelopmentchallenges,Emersonisworkingwithindustryandgovernmentagenciestopromotetheefficientuseofenergy,includingimprovedenergyefficiencystandards,developingtechnologiesandsolutionstoboostcleanerenergyproduction,late1970s,Emersonwasoneofsixglobalcompaniesinvited,Emersonwastheonlycompanythatwaswillingtoenteralicensingdealtosupplytec,wearecommittedt,000employfter40yearsofreformandopening-up,Chineseenterpriseshaveundergonetransformationsintermsofsize,structure,ness,,wecompletedastrategicportfoliorealignmentprogram,whichenablesustofocusonourtwocorebusinesses-automationsolutions,andcommercialandresidentialsolutions-tobuildonourstrengthsandleadership,tinuousresearchanddevelopmentandinnovation,andasroleintheworldtodayOverthepast40years,Chinahastransformedfromanundevelopednationtoar,ChinasnatssustainedeconomicgrowthhastranslatedintoincreasingvisibilityontheworldstageandPrsdevelopmentoverthisperiodhasnotonlymadeitapowerfulengineofworldeconomicgrowth,butalsocontributedtotherecover,Chinaactivelypromotesthelinkingofdevelopmentstrategiesofallnationsacrosstheregionandbeyond,anditishelpingtoboostlocalemploymentande,itisalsoimportanttoenforceintellectualpropertyrightsande,intellectualpropertyrightsp,wearealsointerestedinChinasreformanddevelopmentactivitiesinkeyareassuchasconservationofenergy,reductionofcarbonemissions,improvementofairquality,sustainablefoodwastemanagement,sexperiencesandpracticesbeusedtosolveglobalproblemsThegovernments13thFive-YearPlanlaysdownthestrategyandpathwayforChina,urbanizationandsocialwelfare,environmentalprotectionandtalentdevelo,Chinahassetitsownambitiousdevelopmentgoals,governmentistakingconcertedactionstsnewgreenp,wefeelthatifanenterprisecanwininChina,,Chinaisoneofourmostimportantmarketsandmanyofourkeyproductsare,,,withitsnewterminal,,Ihavewitnessedthespeedofthenationstransformation,,whatprogressinotherfieldshaveyouwitnessedinChinainthepast40yearsOneexamplethathasbeenextremelyimpressiveisChina,dams,,thelengthofChinashighwaysandhigh-speedrailmileagearerankedNo1intheworldandthenationalhigh-speedrailway,whichdidnotexist10yearsago,isnowmoreextensivethantheEuropeanUnionstransportationisindeedthespeedofChina!

  ChineseinvestorsremainenthusiasticaboutinvestingintheAfricanmarketdespitefrustrationsandchallengescomingfromunexpectedrestrictions,,Chineseenterprises,bothmajorState-ownedonesandprivatelyownedsmallones,havebeenfindingtheirwayontotheAfricancon,000ChineseenterprisesoperatinginAfrica,with90percentbeingprivatelyowned,accordingtoWeiJianguo,,therearemorethan300Chineseenterprises,investingatotalof$13billioninfinance,electronics,telecommunications,,theBeltandRoadInitiativecertainlyservesasabigboosttoChineseinvestorsioninJohannesburglastmonthrevealedthatencouragedbytheinitiative,almo,forinstance,isspeedinguptheconstructionofitsmanufacturingplantinPortElizabeth,SouthAfrica,togetherwi,LiXingxing,executivevice-presidentofBAICInternationalDevelopment,promisedthattheplantwillgointooperationaccordingtotheoriginalschedule."Theequipmentfortheassemblylineworthabout$50millionhasbeenmanufacturedbackhomeandisreadytobeshippedtotheplantnowunderconstruction,andtheplantwillgointooperationwithoutanydelay,"Lisaidinhisofficemerelyafewhundredmetersawayfromtheconstructionsiteofthenewplant,neighb($843million)projectisnotonlyBAICsfirstoverseasmanufacturingplantbutalsoSouthAfrica,alocalchamberofcommerceclaimedthattheprojectwasfivemonthbehindschedule,thatproblemsinvolvingprocurementandlanguagedifferenceswerehinderingcommunicationbetweenthepartnersandthatco,althoughth,TongRenTang,theleadingtraditionalChinesemedicineproducer,istryingtopersuaderelatedSouthAfricanauthoritiestograntvisasandworkpermitstoTCMwhoaretakingalikingtoChinesemedicineandacupuncture,panyfindsitdifficulttoobtainworkpermitsforT,manyTCMdoctorsgainedexperiencean,however,maynotmeettherequirementso,applicationsbygooddoctorsareturneddown,frustratin,forinstance,isopenbuthasnodoctors."Wehavetoborrowdoctorsfromotherclinics,andthatmeansotherclinicshavetobeclosedduringtheirabsence,"saidZhongPeng,presidentofTongRenTang,15ofwhomwerelocalhires,andisintalkswithlocaluniversitiestoprovideacupuncturecourses."WehaveplanstosetupmoreclinicsandpharmaciesinotherAfricancountriesinthenextthreeyears,",projectdirectoroftheZanzibarairportterminalinTanzania,ontheotherhand,hashisheadaches."Hopefully,wecanrestartourprojectandhandoverthekeytoourpartnerbeforethefirsthalfof2019,"rminalinuse,Chengsaidthepro,theterminalinvolvesaninvestmentof$,theterminalsroofandglasscurtainwallshavebeencompleted,nspectionanditslikelythatnewfundswi,onlybygoinglocalandbenefitingAfricanpeoplecantheyensureitssustainabledevelopment,,Chineseenterprisesareemployingmorethan24,000localpeople,accordingtoSACETAplantisfullyoperational."IncomingtoinvestinAfrica,oneshouldhaveathoroughunderstandingofthelocallaborandemploymentpolicies,"saidLi,ketandstrictlyabidingbythelocallawsandregulations."Thebiggestthingliesinhowwe,theChinese,,"Lisaid.

  ThelogoforDouyin,picturedonMay25,2018.[Photo/VCG]Chinasshort-videoplatformDouyinreleaseditsuservolumeforthefirsttimeonTuesday,withmorethaasdifferentfromthreemonthsago,whenareportissuedbytheinternetconsultancyAnalysysshowedthatDouyinsarchrivalKuaishouheldasafeleaduptoFebruarywith108milliondailyactiveusers,evenmorethanthecombinedvolumeoftheotherthreevideoapps—Douyin,sofficialWeChataccount,theplatformhasincreasedby80milliondailyactiveusersinthespanofthreemonths,sdailyuserpoolwentthroughasignificantexpansionfromlessthan40milliontonearly70millionduringtheSpringFestivalholiday,,seniordirectorwithDouyin,sayingthatduringSpringFestivalthemobilityofexistingusers,mainlyspreadamongfirstorsecond-tiercities,,Douyinhassinceexpandeditsreachtovariousothercategories,suchasgourmetfood,exercise,travelandculture,,morethan40percentoftheusersonDouyinareaged24-30,compared,Douyinhasalsoattractedmorethan500governmentbodiesandmediaorganizationstoopenanaccountonitsplatform,includingtheState-ownedAssetsS,,withAllWeatherTMTquotingdatafromtheshort-videoapplicationownedbyBeijingByteDanceTechnology,,founderandCEOofBytedance,saidinMar,anoverseasiterationofDouyin,,avideosocialnetworkpurchasedbyToutiaoinNovember,haveprovidedservicesinmorethan150countriesandregions,enjoyingthefastestgrowthintheworldamongmobileapps.AGeelyEmgrandEV300isondisplayatanautoexhibitioninFuzhou,EastChinasFujianprovince,June19,2017.[Photo/VCG]LONDON-GeelyAutoGroupandShellsignedaglobalstrategiccooperationagreementbroadeningtheircooperationbeyondjustlubricants,asthe"Challenge100Degrees-GeelyGoesGlobal,PoweredbyShell"EuropeanTourcametoaco,thefleetofanonMay4th,theteamdroveover18,000kmacrossAsiaandEurope,passingthro,executivevice-presidentofGlobalCommercialatRoyalDutchShell,saidtheepictourshowcasedthepowerofco-engetweentwocompaniesintheareasofresearchanddevelopment,newmarketentriesandgrowth,andjointbrandedopportunitiesacrossmotorsportsandcorporatesocialresponsibility."Inaddition,GeelyandShellwillcollaborateonnewdigitalopportunitiesandopportunitiestoworktogetherthroughouttheenergytransition,",presidentandCEOofGeelyAutoGroup,said:"GeelyAutoGrouphascooperatedwithShellforthepast11years,throughoutwhichwehaveexploredsharedsynergiesthathaveallowedGeelytoexpandaggressively."Thisyear,GeelyplanstosetupanewdesignstudioinBritaintosupportLotusaswellasanewRDcentreinEurope,,Geelyemploysover15,000researchstaffglobally.

  

  摩根大通:新兴市场股票跑赢发达市场的时代结束了

 
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昆明等4州市旅游监管不力被通报 Anaerialviewoftheworld’sfirstphotovoltaicexpresswayduringconstructioninJinan,EastChina,Shandongprovince,sometrafficnoisesthreelayers:transparentconcreteontop,lasphalthighwayandcanalsogenerate1millionkilowatt-hoursofelectricityeachyear,,isshifttowardgreenervehiclesandmoreenvironmentallyfocusedintellectualproperty,,,000yuan($470)persquaremetertobuild—,thisprojectandotherdevelopmentshighlightChinaswideandever-increasingcapacity,andambition,,domesticc,inhiskeynotespeechattheBoaoForumforAsia,PresidentXiJinpingemphasizedthattherewouldbegreaterprotectionofIPR."tion,anditwouldprovidethebiggestboosttothecompetitivenessoftheChineseeconomy,",thefounderandCEOofmobilepaymentserviceQFPay,believesanincreaseinregulations,includingstrongerIPRprotection,"Besidesprotectingintellectualproperty,italsohelpsanyindustrytomaintainsafetyandqualitystandards,"Leesays."Thoughthelackofrestrictionsisgreatforinnovationstoinitiallyemerge,regulationsdohelptolighttheirpathgoingforward."AsXisaidinhisBoaospeech,itwillalsoserveto"increaseChinaseconomiccompetitiveness".Thisisgoodnewsfordomesticcompanies,,177RDresearcherspermillionofitspopulation—threetimesthenumberofresearch,321researcherspermillionofitspopulation,n,accordingtotheUnitedNationsEducational,,,thecountrycameinjustbehindtheUS,whichproduced600,sdrivetobecomeanadvancedmanufacturinghub,thenumberofinnovationsfromthecountryislikelytosoar."Whatwewanttograduallyreleasetotheworldareupgraded,middle-tohigh-endproducts,"",forexample,Igthroughtheirphonesthere,"saysQuekSiuRui,co-founderandCEOofSingapore-basede-commerceplatformCarousell."TherestoftheworldneedstocatchupwithChina,"ceinChina,memberbusinessesweredividedontheirviewsofChina,chairmanofthechamber,recentlyissuedastatementsayingthatitsmembership"wantsalevelplayingfieldandreciprocaltreatmenttoimprovemarketaccessinChina".Chineseauthoritieshavebeenhardatworktocombatthesourceofsuchworries."China,"Vice-PremierWangYangsaidduringaChina-USJointCommissiononCommerceandTradeinWashington,DC,,Chinahasinvestigatedandhandledmorethan1millioninfringementandcounterfeitingcriminalcasesandsentencedmorethan70,,ShanghaiandGuangdong.

通报要求排名靠后的昆明丽江大理保山4州市要向省政府做出书面检查,并深刻汲取教训,按照省委、省政府的统一部署,坚持问题导向,深入分析原因,认真制定整改方案,切实抓好整改落实。

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