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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China and the US started tit-for-tat tariff exchanges in July,

 when the first round of tariffs on $34 billion worth of Chinese goods

took effect. There has been strong opposition to the tariff measures from the US side.

Joe Biden, a Democratic candidate for US president, said on Monda

y, “The only people paying the price are farmers and working people right now”.

“Raising tariffs will hurt both the US and China economies, plus more importantly, they will hurt US farmers, co

nsumers and businesses,” tweeted Republican Senator Chuck Grassley of Iowa, a major soybean-producing state.

The world’s two largest economies have intensified their consultations to iron out differe

nces on existing trade issues. An 11th round of high-level talks was held in Washington on Thursday and Friday.

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One standard goal is to create a “level playing field” so

 that foreign companies can compete against domestic companies in each country.

In the past several months, China has announced and started to implement a “negative list” program

that allows foreign companies to have 100 percent ownership in investments in all areas of the ec

onomy, except for a small number of areas, such as telecoms and defense, that are explicitly prohibited.

Also, foreign investment has been simplified by creating a

one-stop regulatory shop and a single application process.

These new policies will lead to greater competition within China, forcing Chi

na’s companies to become more efficient and to produce higher quality products.

The Chinese government has also recently announced tax cuts and financial regulation

s designed to help private companies. This will hasten the ongoing transition to a market-driven economy.

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launched early last year, has contributed 257 milli

n yuan ($38 million) in sales of more than 780 types of products with the Winter Games logo as of the first quarter this year.

The Organizing Committee on Friday also unveiled its plans for volunteer recruitment and training. International recruit

ment, which will be launched in December through an online system, aims to select 27,000 volunteers to di

rectly serve the Games’ operation, while another 80,000 or so will work as city volunteers.

The Games’ official mascot will be unveiled in the second half of this year.

The Ministry of Education (MOE) of China has issued a statement

warning the country’s middle and primary schools against unauthorized selections and rankings.

The statement, made public on Thursday, was based on several lists of so-called “top

100 middle and primary schools in China” recently released by some institutions.

The MOE has never authorized any organizations or institutions to carry out such selections or rankings, according to the statement.

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Instead of the traditional way where a voice artist records

 lines alone, this collaborative approach allows the voice-over performer to see the emotional cha

nges acted by others, prompting a natural reaction from an individual performer, according to Date.

“I heard that some foreign fans are learning Japanese so that they can understand the original version. We’re very proud of that,” says Date.

He adds that he hopes Chinese animators will continue to take inspiration from th

eir own culture and similarly encourage overseas audiences to learn Chinese.

Currently codirecting the anime series Magmell of the Sea Blue, a Sino-Japanese animated ser

es adapted from a Chinese comic book story of the same title, Date says he still marvels at the story’s so

phisticated narrative, which centers around the adventures of a rescuer of explorers on a newly formed continent.

Interestingly, more and more foreign animation filmmakers are seeking inspiration from China.

Marsden reveals that Sony is partnering with Base Animation in Xiamen, East China’s Fujian province, to produce the animated feature Wish Dragon.

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There is some merit to raising capital,” said Chief Exec

cutive Elon Musk on a call discussing the results. “It’s probably about the right time.”

He also said he would prefer Tesla to be private but “that ship has sailed.”

The company which is ramping up production of its Model 3 electric sedan, the vehicle Tesla sees as the key to future succ

ess, stood by its 2019 delivery forecast of 360,000 to 400,000 vehicles and said it may produce as many as 50

0,000 vehicles if its factory in Shanghai reaches volume production in the fourth quarter.

Tesla said it would make a loss in its second quarter but predicted a return to profit in the third.

Musk said that global deliveries were “the most difficult logistics problem” he had ever seen.

Haris Anwar, senior analyst a financial markets platform Investing.com, called guida

nce for the second quarter “bleak”. “I continue to see a very volatile 2019 for Tesla and its shares,” Anwar said.

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The Shanghai Pilot FTZ will be the first to lift forei

ign ownership limits on banks and financial asset management firms and strive for the first l

anding of new financial business licenses for licensed financial institutions, Shanghai Securities News reported.

With 3.85 percent of the country’s land, the Yangtze River Delta region produced nearly one-fourth

of China’s GDP and one-third of its tax revenue. With the building of a new FTZ in the region, mega-city clusters will be an important condui

t for high-quality development, according to a report from RMB To Global, a reminbi trade and research institute.

Tsinghua University made an announcement Wednesday that it will strictly p

unish academic dishonesty in serious cases, to further enforce academic integrity.

The announcement made by the prestigious university, a top institution in China, detaile

d the revised punishments, ranging from warnings and demerits to probation and expulsion.

According to the new rules, those involved in plagiarism, fabrication of data and research conclusions, gho

stwriting and peer-review manipulation shall be given a demerit or more severe punishments.

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China’s forex reserves continue to grow in March

China’s foreign exchange reserves rose to $3.0988 trillion by the end of March, official data showed Sunday.

The amount increased by $8.6 billion, or 0.3 percent from the end of February, according to the State Administration of Foreign Exchange.

China’s peer-to-peer (P2P) lending industry will continue to shrink and cons

olidate due to tighter regulation and weak investor sentiment, Fitch Ratings said in a report.

The number of P2P investors and platforms declined steeply last year after regulators tightened supervision, and Fitch exp

ect more platforms to close or consolidate this year as reforms continue to take effect, leading to a smaller, less fragmented market.

Stronger regulation of P2P companies will be positive over the lo

nger term for a sector that has yet to be tested through economic cycles, the report said.

New regulations will also require many platforms to reduce their

reliance on retail investors, leading to a shift toward wholesale or institutional funding sources.

Lenders with more robust business models, established risk-management capabil

ities and more stable access to funding are likely to gain market share, according to Fitch.

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Shen was followed by Gan Jianping, managing partn

tner of Qiming Venture Partners, Xu Xin, founding partner of Capital Today, and Tong Sh

ihao, managing partner of GGV Capital. They ranked fifth, sixth and seventh respectively.

The list was ranked by investors’ portfolio companies that have gone public or been acquired for at least $200 million over

the past five years, or that have raised additional funding at a valuation of $400 million or more.

“A record number of international investors, pa

rticularly from China, and women investors are gradually changing the image of the Sil

icon Valley venture capitalist,” said Alex Konrad, associate editor at Forbes, in an editor’s pick.

He noted that after years of Midas dominance, the reign of Facebook and Twitt

er is over, as those deals and their well-known investors make way for a new generation.

“The increasing presence of Chinese investors in the Midas List is a solid reflection of the scal

e and vigor of the Chinese economy,” said Zhou Xuan, director of and a professor with the priva

te investment funds institute of the University of International Business and Economics in Beijing.

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UK lawmakers reject government’s divorce deal for third time

UK lawmakers on Friday rejected the government’s divorce deal with the European Union for a third time, leaving Brita

in just two weeks to decide between a long delay to Brexit and an abrupt no-deal departure from the bloc.

Lawmakers in Britain’s House of Commons voted 286-344 against the withdrawal ag

reement struck between Prime Minister Theresa May and the EU, rebuffing her plea to “put aside self and pa

rty” and “accept the responsibility given to us by the British people” to deliver Brexit.

A visibly frustrated May said the vote had “grave” implications.

“The legal default now is that the United Kingdom is due to leave the European Union o

n 12 April — in just 14 days’ time,” she said. “This is not enough time to agree, legislate for and ratify a deal, and yet t

he House has been clear it will not permit leaving without a deal. And so we will have to agree an alternative way forward.”

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