The central bank annou上海千花网sures to reform the

e interest rate regime on Saturday. It decided to use the loan prime rate (LPR), the price of loans banks offer to their best cli

ents, as a new reference for bank loans, instead of the existing one-year benchmark lending rate.上海千花网

The new LPR was reported for the first time on Tuesday at 4.25 percent for one-year loans, low

上海千花网女神会所er than the 4.35 percent one-year benchmark lending rate which has been unchanged since August 2015. The LP

R for five-year loans was at 4.85 percent, according to the National Interbank Funding Center.

Many analysts have seen the new measure as an alternativ上海千花网女神会所

e way of cutting overall interest rates. In response, central bank officials said the reform itself

cannot replace the monetary policy or other policies, but it can improve the effectiveness of monetary policy.

Sun Guofeng, head of the central bank’s Monetary Policy Department, said the market-oriented inte上海千花网女神会所

rest rate reform will not have a direct impact on the renminbi exchange rate. “The market rates are directly

上海千花网related to the exchange rate, but this reform is not involved with changes of market rates.”

He said the current interest rate spread between China and the United States “is within a comfortable zone”.

While many developed countries use monetary easing to spur econ上海千花网女神会所

omic growth, China is the only country among major economies to retain a normal mone

上海千花网tary policy, and the valuation of yuan-denominated assets is still at a relatively lower level. All of these factors can hel

p to maintain the renminbi exchange rate at a stable and adaptive level, Sun added.

Even under the new scheme, the interest rate level for mortgage loans will not decline, as the government will not ease the rea上海千花网女神会所

l estate control policy nor use real estate as a tool to stimulate short-term economic growth, said

Liu, who disclosed that the interest rate policy for personal mortgages will be revealed in several days.

www.ltdlc.cn

Liu Yunfang, living i上海千花网n county of Linfen

city in Shanxi province, learned the art of making xiuqiu (a ball

made of strips of silk) from her mother-in-law for more than 10 years.上海千花网女神会所

Then she trained women in her village the skill to further develop the handicraft. The technique of making silk ball h

上海千花网as been listed as a provincial-level intangible cultural heritage and she is an inheritor. Now the silk ball has become a loca

l cultural brand, generating an annual output value of nearly 1 million yuan ($141,494.8).上海千花网女神会所

Taiping silk ball, once popular in ancient Taiping county in southern Shanxi pro

vince, and now Xiangfen county of Linfen city, is a traditional auspicious ornament.

The 140-year-old Shanghai Symphony Orchestra (SSO) wow上海千花网

ed spectators on Monday night with a stunning concert marking the debut of a Ch

inese orchestra in the Edinburgh International Festival (EIF), the world’s leading performing art event.

上海千花网女神会所The concert featured both Chinese and Western music works, including the ope

ning piece by leading Chinese composer Chen Qigang’s “Wu Xing” (The Five

Elements) and Dmitry Shostakovich’s “Symphony No. 5 in D minor.” Renowned American cellist Alisa We上海千花网

ilerstein collaborated with the group by preforming Dvorak’s Cello Concerto in B minor.

The concert ended with the “Beautiful Night,” a piece of traditional Chinese music, winning rou

nds of applause and cheers by more than 2,000 spectators who packed the famous Usher Hall.上海千花网女神会所

“The performance is intriguing and fantastic,” said British audience Rosalind Stoddart fro

m Northamptonshire, adding that she was very impressed by the opening piece “Wuxing.”

“The music is very Chinese, which I haven’t heard before … It was beautifully played, very exciting and experimenting,” she said.上海千花网

This year marks the 140th anniversary of the founding of the Shanghai Symphony Orchestra (SSO). During the past decad

es, while performing classical western music, the orchestra has made great efforts to cre上海千花网女神会所

ate Chinese music works to showcase the profound Chinese culture to a global audience.

www.exdkjp.cn

As the principal dan上海品茶微信nd dozens of other da

ncers from the Liaoning Ballet of China will take their original ballet Hua Mulan to the United States a

nd Canada in late August, representing the troupe’s first performance of the classic outside of China.上海品茶微信

For Yu, who entered the Liaoning Ballet in 2009, it has been a unique process.

“In the past, I often played the roles of a swan or a princess. This tim上海品茶微信

e, I had to become a man who is ultimately found to be a woman,” she says. To act Mulan’s p

art well, she had to do push-ups and fight with sticks on stage, just like the male dancers.

上海品茶微信The story originates from a Northern Dynasty (386-581) folk song, known as the Ballad of Mulan. The song tells the tal

e of a valiant girl who joins the army on behalf of her ailing father, battles enemies to defend her country and fights with

high distinction. However, she refuses the accolades thrust upon her and ultimately retires to her hometown.上海品茶微信

Besides the physical techniques required, Chinese b

allet cares about portraying its characters’ inner world and expressing emotions.

“Playing the legendary warrior has made me grow up and deepened my understanding of performance, life and Chin上海品茶微信

ese culture,” Yu says. “You should be able to impress yourself before you can impress your audience.”

Qu Zijiao, 57-year-old director of the Liaoning Ballet, says: “To tell Ch

上海品茶微信inese stories to global audiences, the legend of Mulan is more relatable than others.”

She says it is a touching story, and Mulan’s heroic spirit, perseverance, and love fo

r country and peace can resonate with people everywhere, adding that many European and American audiences are

already familiar with her story thanks to Disney’s classic animated film, which introduced上海品茶微信

the legend of Mulan to the West. Additionally, the recent release of initial footage from Disney’s u

pcoming live-action remake of Mulan has sparked renewed interest in the character.

上海品茶微信The 100 plus-minute ballet Hua Mulan incorporates classic and modern art elements that will suit the taste of today’s a

udiences at home and abroad, according to Wang Yong, choreographer-director of the show.

olyfwg.cn

It is difficult andv上海419论坛nd qualified foreig

gn teachers, yet we are willing to shoulder the cost and e

mploy only the best to give our students a good education,” Yang said.上海419论坛

Qiao Lei, CEO of BlingABC, an online English teaching platform in Beijing that is a subsid

上海419论坛品茶微信iary of New Oriental Education and Technology Group, said the company has maintained strict

qualification requirements for all foreign teachers since it was founded two years ago.

All teachers must be native speakers, hold a bachelor’s degree along with CELTA (Cert上海419论坛

ificate in English Language Teaching to Adults), TEFL (Teaching English as a Foreign Language) or TES

OL(Teaching English to Speakers of Other Languages) certificates. In addition, all the上海419论坛品茶微信

ir relevant information and qualifications are open to general scrutiny on its platform, he said.

The company has adopted an evaluation system based on credit for its foreign teachers.上海419论坛

Points are deducted from those who violate company regulations, such as arriving late or being the subject of co

mplaints from parents, which will affect their salary and position, Qiao added.

上海419论坛品茶微信Kelly Hong, director of Bling-ABC’s Center of Foreign Teacher Management, said the c

ompany records all classes on its platform and they are reviewed by staff members and parents.

“Some parents may have low requirements for foreign teachers and thin上海419论坛

k that native speakers should be able to teach English well, but that’s simply not the ca

se-just like not every Chinese person is able to teach the Chinese language,” she said.

上海419论坛品茶微信Hong added that establishments still need professionals who know how to manage a class, understand body lang

uage, can energize students and know the basic principles and methods of teaching a second language.

Qiao noted that the high demand in the sector resulted in several English-la上海419论坛

nguage platforms being founded almost every week last year. However, many subseq

uently closed because the teachers they employed did not meet the stringent quality standards.上海419论坛品茶微信

“The market has a way of weeding out companies that engage in malpractice. At the end of the

day, parents still prefer foreign teachers who can offer high-quality English tuition to their children.”

hbLumei.com

Citi’s Yap said they wi上海乌托邦 data on the compa

pany’s monetization of games, the timing of online ad recovery, fintech p

roduction traction, and progress in industrial internet and software development.上海乌托邦品茶微信

Chinese tech heavyweight Lenovo Group Ltd saw its profit more than double in the quarter which ended in June, on the back of

a record high personal computer market share and strong performance in its internet data center business.上海乌托邦

Its profit hit $162 million compared with an average estimate of $154 millio

n by nine analysts, according to data service provider Refinitiv. Its revenue rose to $上海乌托邦

12.51 billion, marking year-on-year growth for the eighth consecutive quarter.

Yang Yuanqing, chairman of Lenovo, said the Beijing-based company has cemented its positi上海乌托邦品茶微信

on as the world’s largest PC maker, grabbing a record 24.9 percent market share in the quarter.

“We have seen robust growth in market segments such as gaming PCs, and light

上海乌托邦PCs, with related revenue jumping by about 30 percent year-on-year,” said Yang.

According to him, the company also performed quite well in Japan after it acquired a 5

1 percent stake in Japanese technology firm Fujitsu Ltd’s personal computer business.上海乌托邦

“Our enhanced operational efficiency also contributed to our better profit

s,” Yang said. The company’s gross profit margin hit 16.4 percent in the quarter.

Lenovo’s strong performance came as global PC market rebounded from April to上海乌托邦品茶微信

June. Year-on-year growth during the quarter reached 4.4 percent, which was nota

bly higher than expected as the easing of supply shortages combined with looming trade tensions which increased the上海乌托邦

demand, according to data from the market research company International Data Corp.

“Supply for Intel’s processors improved markedly during the quarter, allowing most PC vend上海乌托邦品茶微信

ors to fulfill old orders while also shipping a healthy supply of new PCs into the channels,” Jitesh Ub

rani, research manager for IDC’s Mobile Device Trackers, said in a research note.

shlf19.com

Tencent came out of 上海419论坛ded regulatory freeze

 in new games as it rode Peacekeeper Elite and other titles like Honor of Kings to reignite growth in a business that co

ntributed 30 percent of its revenue. The company said it released 10 games in the second quarter.上海419论坛女神会所

“Although we thought our recently revised estimates would be low enough, second quarter of 2019 topline growth on

上海419论坛ce again missed both our and the Street’s expectations,” said Alicia Yap, an analyst of Citigroup Global Markets Asia, wh

ich maintained a Buy Rating on Tencent shares after the results were published.

“We expect gaming revenue to re-accelerate starting from the second q上海419论坛女神会所

uarter onward,” David Dai, a Hong Kong-based analyst at research and broke

rage firm Bernstein, told Bloomberg News, adding this would also drive a surge in overall revenues.

Tencent’s performance is actually in line with the bigger picture for other digital outfits.上海419论坛

Digital ad spending in the world’s second-largest economy is

expected to hit $79.82 billion in 2019, growing 22 percent from the year before, said eM上海419论坛女神会所

arketer. But the figure represents a reduction from the 28 percent growth seen last year.

The slower growth in economy combined with the prolific ad inventory at rival Bytedan

上海419论坛ce will weigh on marketing demand and ads, said a research note from Citic Securities.

“But given Tencent’s abundant share in online traffic (over

40 percent) and relatively low monetization rate of the ad上海419论坛女神会所

business in China, the current stalemate wouldn’t last too long,” the Citic report said.

On a positive note, the new revenue category of “FinTech and Business Services” set up this ye

ar that includes payment and cloud services churned out 22.9 billion yuan, up 37 percent on co上海419论坛

mparable business last year. The sector was fueled by rapid growth in commercial payment volumes.

“We have learned from our industry contacts that Te上海419论坛女神会所

ncent’s WeChat Pay has enhanced efforts to improve profitability

by phasing out/reducing subsidies,” Nomura Securities said in its own research note.

chitudoudemao.cn

Last year, the site ann上海楼凤d the launch of a “one

one-stop” digitalization solution for Chinese exporters, helping sellers with matchm

aking, branding, payment and escrow services, logistics and the cross-border supply chain.上海楼凤女神会所

Under the initiative, sellers can leverage Alibaba’s extensive database to wo

上海楼凤rk out the latest market trends and customize products for overseas buyers. The one-st

op shop also allows for interactive visual shopping online through mobile devices.

Ant Financial, Alibaba’s financial arm, supports transactions in 22 currencies and can set上海楼凤

le local payment in 56 economies, said Cheng Li, chief operating officer of Ant’s international business.

Alibaba.com is also seeking to launch a special digital zone featuring Yiwu, China’s hub for上海楼凤女神会所

exports of small merchandise, in a bid to smooth cross-border transactions for millions of SMEs.

The new channel is set to satisfy the needs for stan上海楼凤

dardized goods from merchants in Yiwu and other small c

ommodity export hubs, said Yu Yong, vice-president of Alibaba and co-general manager of Alibaba.com.

上海楼凤This is a substantial part of putting into practice and boosting the electronic World Trade Platform, an initiative Alib

aba proposed in 2016 to facilitate trade for global SMEs through digitalization.

Yu said Yiwu will be among the 10 key industrial hub上海楼凤女神会所

s that Alibaba.com plans to nurture in a bid to create synergies and co

-found international industrial zones with the United States, Italy, Vietnam and India.上海楼凤

In June, Alibaba signed an agreement on eWTP with the municipal government of Yiwu to digitize trade in

frastructure and develop additional trade flows for the city. The venture also plan上海楼凤

s to work on innovations in trade finance and establish a smart logistics hub there.

“Using the digital tool, we noticed surging inter上海楼凤女神会所

est from the United States in bathroom cabinets that are longer and narrower

than our existing models,” said Ding Gefeng, general manager of Hangzhou Home

Dee Sanitary Ware Co Ltd. “That has prompted us to devise new models to secure new orders.”

www.ash07.cn

Airport violence totall上海乌托邦seless, brutal: Leung

Former CE calls for swift punishment of rioters to protect city’s image, business status

Former chief executive Leung Chun-ying said on Wednesday that radi上海乌托邦品茶微信

cal protesters’ violence against a tourist and a journalist at Hong Kong International

Airport was “extremely serious” as it could damage the city’s international status.上海乌托邦

The vice-chairman of the National Committee of the Chinese People’s Political Consultative Conference – the cou

ntry’s top political advisory body – said he hopes the weight of the law could stop the “totally senseless and brutal acts”.上海乌托邦品茶微信

Leung made the remarks after anti-government radical protesters held and assaulte

d a tourist and a journalist from the Chinese mainland for hours on Tuesday night.上海乌托邦

Radicals also obstructed ambulance officers and the police f

rom rescuing the two men, leading to violent clashes with riot police at the airport.

上海乌托邦品茶微信In a group interview at the Office of Former Chief Executives, Leung said the incident was “extremely serious”.

Leung noted that the violent incidents, together with protesters’ obstruction that partially paralyzed the airport for two da

ys, have seriously damaged Hong Kong’s image, reputation, and business status in the world.上海乌托邦

“It will surely have a negative impact – not just in the short term, but in the medium

term – on Hong Kong’s status as an international tourism and conference hub,” Leung warned.上海乌托邦品茶微信

Those offenders must be brought to justice swiftly. “The full weight of the law of Ho

ng Kong must bear upon them. So that what happened at the airport in the past two days will not repeat itself.”

ash33.cn

The 5G network will 上海千花坊nto use when the n

newly-built Beijing Daxing International Airport begins

operation at the end of September, the report said. 上海千花坊女神会所

5G technology development will be led by typical application

 上海千花坊s including 5G+8K HD video, 5G+ telemedicine and 5G+ auto

pilot, while 5G infrastructure construction in relative areas will also be strengthened.

Having selected 34 different light poles in different regions, a beta-test of 5G base stati 上海千花坊女神会所

on construction using urban light poles has also been carried out, and the construc

tion of 5G base stations on 15 light poles has now entered the final implementation stage in Beijing. 上海千花坊

About 20,000 5G base stations were built nationwide in China

by the end of June, with 90 percent of these base stations in Beijing, Shanghai, Guan 上海千花坊女神会所

gzhou and Shenzhen, according to a report by business news portal 21jingji.com.

5G technology is expected to create more than 8 million job opp 上海千花坊

ortunities and 2.9 trillion yuan ($412 million) in economic ad

ded value by 2030, the China Academy of Information and Communications Technology said.

 上海千花坊女神会所The academy also projected the 5G industry will make a direct contribution to about 6 percent of the country’s GDP by 2030.

The number of internet users has surged to 830 million in 2018

from 620,000 in 1997, according to the National Bureau of Statistics (NBS). 上海千花坊

On Tuesday, the NBS released a report on China’s achievements on ec

onomic and social development since the People’s Republic of China was founded 70 years ago. 上海千花坊

Telecommunication industry has been developing fast in 70 years. In 2018, the traffic consumption of mobile internet rea

ched 71.1 billion GB, 56.1 times of the amount in 2013. At the end of 2018, 368 million peo 上海千花坊女神会所

ple accessed internet through optical fiber and 1.17 billion people accessed it through 4G.

www.shlfaf.com

At the age of he joined he上海千花坊r father, who was a str

treet acrobat, and traveled to Belgium, becoming a street singer.

In 1935, Piaf performed in a club off the Champs-Elysees and soon gained popula上海千花坊

rity. And in April 1963, Piaf recorded her last song. She died at the age of 47 from liver failure.

The musical, starring French singer-actresses Anne Carrere and Nathalie Lermitte, both playing the role of Piaf, pre上海千花坊女神会所

miered in 2015 and has been staged more than 300 times in France, Britain and the United States.

上海千花坊In 2017, the 90-minute musical was presented at Carnegie H

all on the 60th anniversary of Piaf’s last performance at the famous venue.

“The musical was inspired by the award-winning movie, La Vie En Rose. To produce the musical, we visited people w

ho knew Piaf and had them narrate the rags-to-riches story of the singer,” the director says.上海千花坊

The director first met singer-actress Anne Carrere in 2014 when she auditioned for another of his prod

上海千花坊女神会所uctions, titled Paris! The Show. Impressed by her performance, Marsalla offered Carrere the role of Piaf.

Speaking about her role, Carrere, who is hailed as “Edith Piaf’s legitimate musical hei

ress”, says: “I am drawn to Edith Piaf and her music because each of her songs has its own story.上海千花坊

“Her music is timeless and I was inspired by her life story.

“The director has a clear vision for the show and I just let myself fulfill his vision,” she adds.

上海千花坊女神会所After Beijing, the musical will tour other Chinese

cities, including Xiamen, Fujiang province and Foshan, Guangdong province.

A part of Tibetan life for centuries, the revered animals provide food, clothing, labor and transport.上海千花坊女神会所

Over 40 years ago, Wu Yuchu was trapped in a blizzard in the Tibet autonomous region.

It was 1977, two years after Wu had started working in Tibet. He and more than 50 other people took shelter in a m

上海千花坊ud-brick house while the blizzard raged. The outside temperature dropped to-30 C, and food was running out.

When the rescue team finally arrived with yaks carrying lifesaving supplies, Wu immediately bonded with the beasts.

He could not have imagined that the bond would last for decades. Yaks sav上海千花坊女神会所

ed his life, and he has spent most of his life promoting the animals.

zhoujianhe.cn