Under the trade pressure, the world’s second-largest econo

onomy is accelerating restructuring reform and shifting from an export-dominated growth model to a more services-driven model, they added.

“The United States escalated trade tensions, but it cannot solve any problem. This causes volatility and sluggishness in global financial markets an

d hurts the global economy,” said Guo Shuqing, the People’s Bank of China’s Party secretary and also head of the China Banking and In

surance Regulatory Commission. His keynote speech was delivered by a commission spokesman at a forum on Saturday.

Impact on the Chinese economy will be very limited, said Guo. “Chinese fi

nancial markets, although they were excessively affected by trade tensions last year, are un

likely to be hit more dramatically going forward, as financial resilience is strengthening.”

The huge domestic consumer market in China will digest most of the un

salable exports, and many of China’s exports will also shift to other foreign markets. The US will con

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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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Market-oriented reform and opening-up will improve pr

roductivity in the service sector, which is an important thing that China is focusing on to stabilize economic growth,” Zhu said.

Chen Yulu, a vice-governor of the PBOC, also supported a “full-scale” opening of the financial sector. In the future, foreign invest

ors are welcome to conduct all forms of financial business in China, excepting those being named on a neg

ative list, and authorities are researching a new regulatory system, Chen said at the forum on Saturday.

Li Daokui, director of the Academic Center for Chinese Economic Practice and Thinking at Tsing

hua University, said China “should be more confident” in accelerating opening-up of its financial sec

tor, which will help global investors seize numerous opportunities in the Chinese market.

Domestic financial institutions are now capable of engaging in fiercer competition with global peers as their serv

ice abilities in many aspects, such as banking and insurance, have improved a lot over the past years, Li said.

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mers eat at a hotpot restaurant in Wuhan, capital of Hubei

In addition, a thread on Weibo, China’s Twitter-like comments platfor

m, titled “eating alone” contains 226,000 posts and has garnered 290 million hits.

In 2017, WithEating Magazine, a Chinese foodie journal, started its Eati

ng Alone channel on Bilibili, a popular video-sharing website. To date, the channel, wh

ich has 52 episodes explaining how to prepare meals for one, has attracted more than 200 million hits.

In February, the magazine published a book of the same name, listing 65 recipes for dishes ranging fr

om desserts to foreign cuisine, such as roasted ribs, the Korean favorite bibimbap and seafood curry.

To many people’s surprise, it became a best-seller. “We didn’t expect the book to sell so we

ll. We didn’t print enough copies initially,” the magazine said on its Weibo account last month.

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Moreover, China’s economic development in the past three de

 decades has prompted a huge rise in urbanization, which has see

n large numbers of unattached young people from rural areas move to large cities in sea

rch of work. Their work-dominated lifestyles mean few have friends to share meals with.

To feed this massive market, catering companies have started providi

ng more options tailored to single customers. Meituan-Dianping, a popular food del

ivery company, told the Financial Times that 65 percent of its orders come from unmarried customers.

On food delivery platforms, many restaurants offer meal deals specifically for singletons. Pizza Hut provides 15-centimeter, o

ne-person bases, while stir-fry restaurants offer reduced portions or meal deals consisting of just one or two dishe

s and a bowl of rice, compared with traditional meals that must contain at least three main dishes plus a soup.

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As a result of China’s economic development, urban people are

 more stressed and anxious, so they want to be consoled. Food is a very good way to console oneself

and feel pleasure. When you are in a bad mood, you can quickly get a satisfying feeling by eating,” she said.

“It is on this basis that eating alone can relax one’s mind. When you eat, you can focus on the

eating process itself and you don’t have to think about other things. This is the best kind of rest.”

She said she has noticed that more young people are willing to step into the kitchen and

start cooking for themselves, despite the emergence of a wider range of eating options outside.

“The solo dining concept is not about ‘I’m single and I eat alone’, but more about people beginning

to pay attention to how to eat well, healthily and safely. This is not a trend about being single or eating al

one, but of paying attention to one’s diet and starting to pursue an individualistic lifestyle,” she said.

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The two countries should make further contributions t

 to promoting a new type of international relationship and building a community with a shared future for mankind, Xi said.

Mourao extended President Bolsonaro’s greetings and best wishes, and delivered a letter from the Brazilian president to Xi.

The new Brazilian administration led by Bolsonaro attaches great importance to relations with China, Mourao said.

Brazil speaks highly of China’s important contributions to promot

ing global economic growth and considers China to be a reliable and stable partner, he said.

Brazil would like to connect the country’s investment partners plans

with the Belt and Road Initiative and expand cooperation with China in areas incl

uding trade, technology and innovation, he said, adding that Brazil welcomes investment from China.

Mourao expressed gratitude for China’s support for Brazil’s hosting of the meeting of BRICS leaders. Brazil would like

to enhance coordination with China under multilateral frameworks including BRICS, the WTO and the G20 to maintain multilateralism and t

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He said China firmly opposes this and hopes that the US w

Reportedly, the United States administration is considering extending its attacks on

Chinese companies by blacklisting China’s largest surveillance equipment manufacturer Hikvision.

If so, Hikvision — which has about 20 percent of the global market share and has been the

leading player in the industry for seven consecutive years — will become the fourth Chinese company Wa

shington has targeted after the telecommunications companies ZTE and Huawei, and drone maker DJI.

Unlike the previous three companies, which the US administrat

ion has justified the attacks on with the excuse 2019/05/22/shangjianxiachuicn-3/it is protecting national security, the premise for

setting its sights on Hikvision, which serves customers in more than 150 countries, including the US, is t

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improved markedly. Their population has grown fro

rom about 2 million in the 1950s to about 13 million, and their religious rights and practices are protected by the law.

Nor would it adopt a double standard and criticize China’s efforts to counter terrorism and extremism. Last year, tourists fr

om home and abroad paid more than 150 million trips to Xinjiang, thanks to the improved security situation in

the region. That Xinjiang has not witnessed any violent or terrorist incidents in recent years proves the effect

iveness of the joint efforts of the government and local people in maintaining regional peace and stability.

Xinjiang is undoubtedly in its best development stage in histo

ry. Facts speak louder than words, but still they cannot wake up persons pretending to be asleep.

The targeting of Hikvision is just par for the course for the curren

t US administration, which is obsessed with impeding China’s development.

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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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