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market could deter爱上海同城对对碰mine the RMB exchange rate, but if extreme situations arise, the central bank
can exercise some intervention to prevent spillover effects of exchange rate volatilities on neighboring countries.
Yi, the PBOC governor, said the current fiscal policy package is strong enough to counter headwinds, even if
the situation gets a little worse, and “a discussion” could be opened if the scenario turns “tremendously worse”.
Looking forward, the unemployment rate, rather than the GDP growth rate, should receive more atte
ntion. “The Chinese economy is presently doing reasonably well, and I don’t worry too mu
ch about the unemployment problem. So long as people still have jobs, it’s not a concern if growth slows slightly. But this ma
tter deserves to be very closely watched, particularly as now trade tensions escalate rapidly,” Huang said.
If trade tensions start to have “bigger impacts” on the economy, he said
nd force low-end manufacturers to move out more rapidly, it might increase the pres
sure on unemployment. So supporting domestic consumption and encouraging the development of the servi
ces sector, especially labor-intensive services, could help mitigate the pressure, he said.
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
ties brought by the BRI, which by some estimates could be worth 1.8 billion pounds ($2.33 billion) annually to the British economy.
As a financial hub for international infrastructure investmen
t, British firms and international companies based in the UK stand ready to provide many of the ser
vices required along the Belt and Road, especially as it becomes more of a shared venture, she said.
They can also provide private financing required by the project and support thro
ugh green finance, consultancy, rule of law and foreign exchange, McGuinness added.
Seventy years after the founding of the People’s Republic of China, ties between China and UK h
ave gone from strength to strength, with bilateral trade now worth nearly 70 billion pounds, McGuinness said.
“I look forward to celebrating this long, fruitful relationship with our Chinese counterp
arts, and to marking the next chapter of our partnership in the Belt and Road,” she added.
President says gathering sets stage for more Belt and Road progress, cooperation
More than $64 billion in deals were signed during the Second Belt a
nd Road Forum for International Cooperation, President Xi Jinping told members of the me
dia from home and abroad in Beijing after the three-day event concluded on Saturday.
In addition, Xi said, during the preparation and holding of the fo
rum, parties reached 283 pragmatic outcomes, including intergovernmental cooperation agre
ements, cooperative projects and the launch of multilateral cooperation platforms.
The outcomes fully demonstrate that joint building of the Belt and Road conforms to the trend of the times, wi
nning the hearts of the people, improving livelihoods and benefiting the whole world, he said.
According to Chilean Ambassador Luis Schmidt, the two countries on Wednesday secured a deal to open the Chinese market to Chilean pears.
He said he is expecting the first pear exports to China to take place soon.
Zhou Jin contributed to this story.
Liu Cailin, a Hebei Academy of Fine Arts graduate, is a member of the Tujia ethnic group.
At school Liu interned at design companies during summer and winter vacations. It wa
s then that he fell in love with jewelry design. Several months after he graduated, Liu opened his own workshop.
For lovers, every gift is special. Liu once received a message: a girl received a leaf from her boyfriend, and wanted to preserve it in some
way. Liu decided to make a silver piece of jewelry for her, one of more than 2,000 stories he’s turned into works of art.
Liu now has more than 1.2 million fans and monthly sales of 150,000 yuan ($22,283), a figure that could top 350,000 yuan.