It is also important to 上海4190 framework so it can

 better address the global economic problems. The G20, for insta

上海419nce, should strengthen its position as the core platform for global economic go

vernance. Established in the wake of the 2008 global financial crisis, it has become a vital platform promoting global eco上海419品茶微信

nomic governance, and played an important role in the reform of the global economic governance system.

上海419For example, the G20 helped the IMF and the World Bank transform themselves after th

e global financial crisis, so they could deal with the mid-to long-term global economic problems.

But this year the G20 faces more severe challenges. Although the G20 has provided a platfo上海419品茶微信

rm for major countries such as China and the United States to negotiate trade issues, some economies

might not see the group in the same light. The G20 should therefore help the major econo

上海419mies coordinate their trade policies, in order to strengthen global economic governance. The G20 should also

focus on devising rules that would help the major economies avoid conflicts and reach acceptable agreements.

The changing profile of the G20, however, is seen as not only上海419品茶微信

an opportunity but also a challenge for the major economies. While the G20 can help coo

rdinate the trade policies of the world’s 20 largest economies, it should further enhance its authority by working ou

上海419品茶微信t a global economic governance agenda, and suggesting possible ways to resolve burning economic issues.

Thanks to China’s unprecedented economic development and increa

sing contributions to global economic growth and governance, the international co

mmunity expects it to also help improve global economic governance so the world economy can achieve su上海419

stainable, healthy and vibrant growth. And despite rising trade protectionism and unilateralism, China remains c

上海419品茶微信mmitted to expediting reform and opening-up so as to promote economic globalization and help improve global ec

onomic governance.The author is director of global governance research division of Institute of World Economics a

nd Politics, Chinese Academy of Social Sciences. The views don’t necessarily represent those of China Daily.

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As the country enters a 上海乌托邦socialism with Chine

se characteristics, the less than optimal structure and allocation of functions among Party and State instituti

 上海乌托邦ons have created problems leading to low efficiency, which have made institutional ref

orms imperative. But given the complexity and risks involved and the possible profound influence of the ref

orm, the CPC Central Committee has adopted a cautious but proactive approach to the issue. 上海乌托邦女神会所

Coordinating the reform of Party and State institutions

 上海乌托邦The Third Plenary Session of the 18th CPC Central Committee in November 2013 pu

t forward the task of “coordinating the Party and State institutions’ reform and straightening ou

t departments’ responsibilities and relationships”, while Xi, also China’s president, asked the Central Leading Gr 上海乌托邦女神会所

oup for Deepening Overall Reform to intensify research on the reform of Party and State institutions in 2015.

 上海乌托邦The Third Plenary Session of the 19th CPC Central Committee passed the Decisio

n of the CPC Central Committee on Deepening the Reform of the Party and State Institutions and the Plan on De

epening the Reform of the Party and State Institutions in February 2018, which has propelled the comprehensive im 上海乌托邦女神会所

plementation of the reform. After one and a half years of strenuous efforts, the framework of a system for Party and State

 上海乌托邦institutions’ functions which meets the requirements of the new era was basically established.

First, the national governance system and capacity have been comprehen

sively strengthened thanks to the emphasis on a systematic and holistic approach to 上海乌托邦女神会所

strategic reforms. This round of reform is aimed at promoting various reforms in central-and provincial-level institutions

 上海乌托邦女神会所and restructuring the leadership, governance, military and mass work syste

ms, as well as strengthening the leadership of the Party, enhancing governments’ executive

powers, the armed forces’ fighting capability, and the vitality of mass organizations.

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The government has set上海千花网f doubling GDP per

er capita from 2010 to 2020 and clearly will reach that goal.

上海千花网女神会所Nicholas Lardy, an often-cited Washington-based expert on the Chinese economy, argues i

n his recent book The State Strikes Back: The End of Economic Reform in China that China could have co

上海千花网ntinued to grow at 10 percent per year throughout this decade if not for policy mistakes.

His core argument is that Japan and South Korea continued high growth r

ates until they reached GDP per capita equal to 60 to 70 percent of the US, so why can’t China?上海千花网

With all due respect, I think this is a silly argument. The early growth in both Japan and South Korea was based on for

上海千花网eign demand for exports. In South Korea, these exports were manufactured largely by state-led companies.

China is a much larger economy. There is not enough potential import demand in the worl

d to continue as a main driver of the economy’s growth. It takes longer to grow organically from domestic demand.

上海千花网女神会所Japan saw very fast economic growth from the 1950s to the 1970s based on technological c

atch-up and on fast export growth to the US. The export industries of Japan – mostly cars and electronics –

are extremely competitive. But, much of the domestic economy is protected and inefficient.上海千花网

A series of trade disputes with the US in the 1970s and 1980s culminat

上海千花网女神会所ed in the Plaza Accords in 1985 that limited Japanese exports to the US and forced Jap

an to roughly double the value of the yen. So, export-led growth was no-longer an option.

Instead of opening-up and reforming its domestic economy, Japan first chose to use monetary stimulus in the late 1980s, which上海千花网

resulted in an immense real-estate bubble and led to the real-estate and stock market collapses in 1990 to 1992.

Through the 1990s and 2000s, Japan then tried to use very large infrastructure investm上海千花网女神会所

ents to stimulate the economy. This just resulted in negligible growth, ecological damage and a government-d

ebt-to-GDP ratio of more than 200 percent – by far the highest in the world. In contrast, China’s strategy of str

uctural reform, opening up, and increasing domestic competition will lead to more sustainable GDP growth.

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Last year, the 上海龙凤ccepted registration applicat

tions for 222 domestically developed Class-1 new innovative drugs, while the figure

上海龙凤品茶微信s for 2017 were 402 and 181. Class-1 new drugs refer to drugs that have never been mark

eted in China or overseas, and innovative drugs means drugs with independent intellectual property rights.上海龙凤品茶微信

Among all the applications in 2018, 403 applications were for 198 drugs’ clinical trial approv

als, and 45 were for market approval for 24 drugs, while in 2017, 379 applications were for clinical trial appro

vals, involving 171 drugs, and 23 applications were for market approval, involving 10 drugs.

上海龙凤In 2018, 323 applications were for 115 chemical drugs, and 123 were for 106 biologics, while

in 2017, 324 applications were for 112 chemical drugs and 76 applications were for 68 biologics.

上海龙凤品茶微信Song Ruilin, executive president of the China Pharmaceutical Innovatio

n and Research Development Association, said Chinese pharmaceutical companies have ma

上海龙凤de remarkable progress in innovative drug research and development in the past few years,

especially in the area of biologics, thanks to their focus on innovation and homegrown R&D.

“In terms of pharmaceutical innovation, where we are now is completely different from where we were 15 years ago,” he said.上海龙凤

“Chinese companies used to focus on generics, but now they have been buil

ding up R&D capabilities and many invest generously in innovative drugs.”

上海龙凤品茶微信From 1949 to 2008, less than five domestically developed drugs were approved by Chine

se authorities, while from 2008 to 2018, the number increased by about 10 times to about 40, according to Song.上海龙凤

In 2018, nine Class-1 new drugs developed by domestic pharmaceutical companies wer

上海龙凤品茶微信e approved in China, figures from the National Medical Products Administration showed.

Most of the nine new drugs are treatments for cancer or rare diseases, or anti-virus therapies tha

t are urgently needed in medical practice, according to the National Medical Products Administration.

www.qianhuaeu.com

hina’s courier sector c上海贵族宝贝expand r puts a parcel

China’s courier sector keeps steady expansion in the firs

上海贵族宝贝女神会所t half of the year (H1), according to the State Post Bureau (SPB) Thursday.

The combined revenue of the sector in domestic marke

t hit 213.8 billion yuan ($31.08 billion), up 18.3 percent year on year, SPB data showed.上海贵族宝贝

A total of 27.13 billion parcels were handled during the period, up 25.8 percent from

上海贵族宝贝女神会所a year ago, and June alone saw 5.4 billion parcels delivered, according to the SPB.

Cross-border courier services rebounded fast thanks to the cou

ntry’s preferential policies, booming online retail sales and higher clearance efficiency.上海贵族宝贝女神会所

The business revenue of the cross-border service increased 16.9 percent to 33.86 billion yua

上海贵族宝贝n in H1 compared with a year ago, with 630 million parcels delivered during the period.

China plans to extend the courier network and improve computer systems, services and in

ternational connections by 2020, when the target annual revenue of the courier sector will hit 800 billion yuan.上海贵族宝贝女神会所

Firms ramping up innovation efforts in new sectors like high-quality drugs and biologics

上海贵族宝贝As China moves forward from being the world’s manufacturing powerhouse t

o an innovation-driven economy focusing on high-quality development, the innovation capa

bilities of Chinese pharmaceutical companies have been growing steadily, reflected by t上海贵族宝贝女神会所

he rapid development of domestic biologics and innovative medicine sector, industry people said.

上海贵族宝贝According to the Center for Drug Evaluation under China’s Natio

nal Medical Products Administration, it granted approvals for 91 drugs with prio

rity review status in the first half of this year, among which, 65 were domestic drugs while 26 were imported.上海贵族宝贝女神会所

In fact, clinical trial and market approval application

s for high-quality biologics and innovative drugs have been increasing in China.

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We have given priori上海龙凤1314mprovement of industr

rial structure, aiming to move from an agricultural province to a provin

上海龙凤1314品茶微信ce with strong industrial competitiveness,” said Du Jiahao, Party secretary of Hunan.

“A modern industrial system dominated by manufacturing and related services is taking shap

e in the province,” said Du, at a recent news briefing held by the State Council Information Office.上海龙凤1314

According to him, the total industrial output grew at an annual growth rate of 12.1 percen

上海龙凤1314t to hit 1.19 trillion yuan ($173 billion) in 2018, with a string of emerging sectors witnessing robust growth.

The industrial output of 11 emerging sectors including machin

ery, electronics, information and pharmaceuticals exceeded 100 billion yuan last year, he added.上海龙凤1314

With some of the nation’s leading equipment manufacturers based in the province, Hunan has c

上海龙凤1314品茶微信alled for accelerated efforts to make key areas of manufacturing more intelligent. One of t

he province’s major goals in near future is to become a strong manufacturing power.

By the end of 2018, a total of 27 enterprises in Changsha, capit上海龙凤1314

al of Hunan, had received recognition as national pilot models of intelligent man

ufacturing, the most among all provincial capitals, according to a local government work report.

上海龙凤1314品茶微信Such efforts have become a new driver of economic growth for the province. With a gross

domestic product of 3.64 trillion yuan last year, Hunan was ranked as one of the Top 10 regions in terms of GDP.

Major machinery equipment makers headquartered in the province also reported strong revenue growth. Sany Heavy In上海龙凤1314品茶微信

dustry predicted its net profit attributable to shareholders in the first half could reach between 6.5 billion yuan a

nd 7 billion yuan, which would be an increase of 92 percent to 107 percent year-on-year.

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A number of on-campus 上海会所ookstores that display

y the unique characteristics of different universities will be established across the country by the end of 2020, the guideline said.

 上海会所Universities should explore how to turn a traditional bookstore into an integrated cultural activities center, where book clubs, aca

demic salons, exhibitions and leisure-time gatherings could be held. University libraries and publishing house 上海会所品茶微信

s should help bookstores keep up with students‘ needs by sharing information and resources, according to the guideline.

 上海会所The guideline also supports campus bookstores recycling and selling second-hand books to help save and reuse resour

ces and build a greener campus. Branded bookstore chains are welcome to open outlets on university campuses.

Physical bookstores in universities are encouraged to play a part in work-study and entrepreneurship programs, according to the document. Cam 上海会所品茶微信

pus bookstores can offer work-study jobs to students. It also encourages university graduates to run such bookstores as a startup business.

 上海会所Phuntsok Yangdron, a 16-year-old Tibetan girl, received help from experts at Wuhan Asia Heart Hospital seven years ago.

In 2012, she was diagnosed with leakage in her left atrium and right heart crown. La

ter, she was transferred to Wuhan to receive heart surgery, and Tao was her surgeon.

The two met again this year when the hospital’s expert team revisit 上海会所

ed Yangdron’s hometown in Naidong county, Shannan, Tibet autonomous reg

 上海会所品茶微信ion. The teenage girl was excited to see Tao, she said. “I still remember how frightened I was when I went to Wuhan. I wa

s 9 years old, alone and far away from home, and was about to receive my first ever heart surgery.” 上海会所

But Yangdron was lucky. “The doctors at the hospital were very kind to me,” she said. “T

 上海会所品茶微信hey comforted me, took care of me. They gave me the courage to do the surgery without too many worries.”

After undergoing the minimally invasive surgery, Yangdron recovered quickly and the operation was a total success.

Experts from Wuhan Asia Heart Hospital in Central China’s Hubei province h 上海会所品茶微信

ave travelled thousands of kilometers across the nation to conduct examinations on child

ren with congenital heart diseases and carry out surgeries free of charge, Chutian Metropolis Daily reported.

Ever since the hospital was founded in 1999, the team of medical experts led by Tao Lia

ng, head of the hospital’s cardiothoracic surgery department, has paid visits to a number of poverty-stric

ken regions, old revolutionary base areas and remote mountainous areas. In the past eight years, they have visited Tib

et autonomous region five times, bringing professional medical assistance to local residents.

shangwuhua.cn

On June Kim and Tru上海千花坊to resume workin

ng-level talks on denuclearization as the two leaders met at the peninsular border village of Panmunjom.

上海千花坊It is a common aspiration of the international community for the two sides to resume talks as soon as possible, Hua said.

All parties involved should cherish the hard won momentum for dialogue, show goodwill and work together for the p上海千花坊品茶微信

eninsula’s denuclearization and a political resolution of the peninsula issue, Hua said.

上海千花坊Analysts said Pyongyang’s latest missile launches may have a negative impact on prospects for future talks.

Li Chengri, a researcher at the Chinese Academy of Social Sciences, said the aims of Thursday’s missile launches are t上海千花坊

wofold. “First, the calibrated move is a protest of the planned US-ROK military exercises next month. Second, it also a

上海千花坊品茶微信dds to Pyongyang’s bargaining power ahead of possible nuclear talks with Washington.”

Li added that launching short-range missiles is a vital negotiation tactic of Pyongyang when dealing with Washi

ngton as it believes it can pressure the US to come up with proposals that are closer to Pyongyang’s demands.上海千花坊

Lee Jung-nam, a professor at the Asiatic Research Institute at Korea University in Seoul, said the impact on future DPRK-US

上海千花坊品茶微信talks will be “limited” because Pyongyang does not wish to turn away from dialogue.

“It is in a way a diplomatic gesture from Pyongyang calling on Washington to lower the hurdles, which is to e

ase the terms of denuclearization if they want the wo上海千花坊rking-level talks to proceed,” Lee said.

The central government’s foreign affairs office in Hong Kong “sternly denounced” on Thursday

上海千花坊品茶微信the remarks of a United States senator for his “double standards” in justifying violence in Hong Kong.

The Office of the Commissioner of the Ministry of Foreign Affairs in the

Hong Kong Special Administrative Region responded after Senator Marco Rubio, on上海千花坊品茶微信

his Twitter account on Tuesday, accused China of violating its promises on Hong Kong aff

上海千花坊airs amid the city’s recent protests against the now-suspended extradition bill.

Rubio has applied double standards on violence and freedoms, the spokesman said.

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spokesman of the Stat上海会所cil Information Office sho

on-compulsory education for persons with disabilities has also made steady progress. In 2018, China had 133 sec

上海会所ondary vocational schools or classes with an enrollment of 19,475 students with disabilities.

From 2012 to 2018, a total of 62,200 students with disabilities were enrolled in regular institutions of higher education.上海会所品茶微信

“It’s a good start, and we believe we will be able to send more children with disabilities to schools and even colleges,” Zhang said.

上海会所The white paper noted that the development of the programs of persons with disabilities are still unbalanced and inadeq

uate, and there is still a big gap between the lives these people lead and lives to which they aspire.上海会所品茶微信

“China will continue to improve the mechanisms for ensuring their rights and interests — elimin

上海会所ating discrimination, fully respecting and guaranteeing their human rights, improving their wellbeing,

enhancing their ability to improve their situation, and ensuring that they are able to par上海会所

By April 2018, more than 80 laws and 50 administrative regulations had been passed con

上海会所品茶微信cerning the protection of the rights and interests of persons with disabilities, according to the document.

The programs of persons with disabilities have received increasing financial support in the past decades, said the white paper.

Disabled persons’ federations across the nation spent 57.36 billion yuan (8.35 billion U.S. dollars) o上海会所品茶微信

n their programs during the 11th Five-year Plan period (2006-2010), and the figure grew to 145

.12 billion yuan during the 12th Five-year Plan period (2011-2015), an increase of 153 percent.

上海会所The investment was 41.67 billion yuan in 2016, the first year of the 13th Five-year Plan period (2016-2020), an i

ncrease of 24.15 billion, or 138 percent, compared with the first year (2011) during the 12th Five-year Plan period.

From 2013 to 2017, the fiscal allocations from all levels of the government for persons上海会所品茶微信

with disabilities added up to over 180 billion yuan, up 123 percent over the prior five years.

The CDPF, as a legitimate organization approved by the State Council, represents and safeguards the legitimate rights and inte

上海会所rests of persons with disabilities. By 2018, a total of 42,000 disabled persons’ federations had been set up across the nation.

Led by the CDPF, there are associations for persons with specific disabiliti

上海会所品茶微信es, such as visual, hearing and physical disabilities. By 2018, a total of 16,000 bra

nches of these associations at provincial, prefectural (municipal) and county levels were in place.

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In China there are opp上海乌托邦s for skilled candidate

 across a wide range of fintech businesses, including banking, insurance, wealth management and payme

nt services,” said Simon Lance, managing director of Hays China, adding the industry risks losing valuable mom上海乌托邦品茶微信

entum given the shortage of skills and the overwhelming demand for experienced professionals.

上海乌托邦”For those already in the fintech industry, China offers great potent

ial. And for those in banking and financial services – or with relevant technology skill

s – now is a good time to consider what your career could be in the fintech industry,” Lance said.上海乌托邦品茶微信

According to Hays, large-scale commercial banks are accelerating the establishment of fintech subsidiaries across

上海乌托邦the country. It said the roles in demand in the banking sector include data security, data scientists, user experi

ence and user interface engineers, and full stack developers for mobile and web applications.

“Fintech offers career opportunities to people with experience in almost every area of ba上海乌托邦品茶微信

nking and financial services, as well as experts in artificial intelligence, biometrics, cloud and big data,” Lance said.

上海乌托邦Global fintech funding rose to $111.8 billion in 2018, up 120 percent from $50.8 billion in 2017, fueled by mega mergers

and acquisitions and buyout deals, according to a report from global auditing and consulting firm KPMG.

“China is at the cutting edge of the fintech industry and will provide a robust and exciting career for many years to come,” Lanc上海乌托邦品茶微信

e said. “Fintech also provides opportunities for those in related technology fields.”

上海乌托邦There is high demand from fintech startups for high-caliber talents with expertise in digita

l payment systems, digital asset management, blockchain and cryptocurrency, said the 2019 Hays Asia

Salary Guide. Hays expected qualified fintech candidates to command higher salaries in 2019.上海乌托邦品茶微信

Fintech is already a fast-growing industry in China. Statistics from Beijing-ba

上海乌托邦sed market consultancy Analysys showed the market scale of China’s fintech industry rea

ched 115 trillion yuan ($16.7 trillion) in 2018.This figure is expected to surpass 157 trillion yuan in 2020.

“Compared with the traditional financial sector, fintech talents should上海乌托邦

上海乌托邦品茶微信have not only solid financial professional background, but also flexible and inn

ovative thinking,” said Zheng Xia, assistant general manager of Ping An Securities.

fangzhenjiang.cn