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inopec establish joint venture with Russian companie

hina Petrole上海会所品茶微信um and Chemical Corp, the world’s larg

est refiner by volume, has agreed to establish a joint venture with Russia’s Novatek and Gazp

rombank to market natural and liquefied natural gas (LNG) in China, Sinopec said on Thursday.

The agreement, which aims to sell LNG produced by Novatek in the Arctic, was signed fo

llowing talks in Moscow between Russian President, Vladimir Putin, and Chinese President, Xi Jinping.

The agreement will be of considerable economic and social benefit an

d will further diversify China’s natural gas imports, while meeting ever-increasing ga

s demand in the country, said Dai Houliang, China Petrochemical Corp president.

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Another crucial step is to encourage more talent to sta

 in 上海千花坊女神会所the region, and local authorities must create an enabling environment for starting and doing business in the Northeast, he said.

The three provinces in the Northeast-Liaoning, Jilin and Heilongjiang-saw GDP growt

h of 5.7, 4.5 and 4.7 percent last year, which is below the national average of 6.6 percent.

Meanwhile, the three provinces have also seen a continuous outflow of working-age citizens. In Liaoning, the number of peo

ple aged between 16 and 59 was down by 492,000 last year, according to the Liaoning Bureau of Statistics.he United Sta

tes’ trade deficit with China is not a matter of simple, objective truth. It has been brought on by actions of the US i

tself — a combination of export controls, market restrictions, competition, trade policies, currency dominance and other f

actors — officials and experts said in response to a report from the Ministry of Commerce on Thursday.

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Low travel costs may stimulate college students to trave

el more frequently, and enable them to have higher budgets for spending on accommodati

on and destination entertainments,” said Sun Peiming, director of e-commerce at Sichuan Airlines.

Last year, along with graduate students, there were 37 million enrolled college students in the country,

according to the National Bureau of Statistics. In 2018, students registered on Qunar flew 4.4 time

s annually on average, higher than the average of 3.45 times nationwide, according to the company.

“Low prices have a decisive impact on their choices. Compani

es that provide cheaper options will attract more students and gain the initiative in seizing tho

se future backbone consumers,” said Liu Simin, a researcher at the Beijing Foreign Studies University.

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“It’s quite unusual for FedEx to reroute all four par

cels by mistake. If they did, they will be held responsible for contract infringement,” sai

d Yin Shaocheng, an associate professor of law at Capital University of Economics and Business.

Huawei was among the Chinese tech companies recently entered on

to the US’ Entity List which bans US companies from selling components and software to them.

Vice-Minister of Commerce Wang Shouwen said there is no need to over-interpret the cas

e, since “foreign companies will be investigated when possible violations occur in accordance with Ch

inese laws”. Wang said China always protects the legitimate interests of foreign investors.

The strength of China’s economy is propelling its cities toward

s greater prominence on the global stage, a report has shown.

China is gaining ground on both Europe and North America as its impro

vement in performance and potential outpace those of Western cities, accordin

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Good trade ties vital at state level in US trade relatio

US states continue to value trade relations with China, despite ongoing tensions at the i

nternational level, and they hope tensions will be resolved through negotiations.

“I’m very optimistic on the China-US trade relationship,” Cyrus Habib, lieutenant governor of Washington, said in an inter

view with China Daily as he was attending the Fifth China-US Governors Forum in Lexington, Kentucky, last week.

China is the state of Washington’s top trading partner, with more than 20 percent of the state’s expor

ts going to China, and around 30 percent of its imports came from China in 2018, according to the US Census Bureau.

“It’s truly something that touches every part of our state,” said Habib. “And that went from the i

nformation communication technology sector and manufacturing sector all the way to the agricultural industry and tourism.”

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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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From the beginning until the last game of the Asian Cup

we never doubted him, despite all the ups and downs.”

What players will be chosen by Lippi remains uncertain, but seeking younger talent will be a priority. Lippi led the oldest

team at the Asian Cup this year, with an average age of 30.2 years, and many veterans will retire before the next World Cup.

Lippi’s best shot now is Espanyol striker Wu Lei, who joined La Liga

immediately after the Asian Cup and became the first Chinese player to score in the league.

Government in Nanyang city, Central China’s Henan province, has denied reports that vehic

les driven by water-hydrogen engines have been produced, according to a Beijing News report on Friday.

A Nanyang Daily report on Thursday said that such a vehicle has been produced, saying that the vehic

le consumes water in its engine, and with the help of special catalyst then produces hydrogen to fuel the vehicle.

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Huawei’s workers tell their stories of resilience, solidarity

A public letter titled “We, the Huawei people” from telecom giant Huawei detailing its employee

s’ personal stories of solidarity and resilience amid restrictions from the United States, went viral on Chinese social media on Friday.

The letter was published by Xinsheng Shequ, Huawei’s official employee community platform, on i

ts Sina Weibo account on Thursday. As of Friday afternoon, the letter has received more than 190 million reads.

Chinese netizens have flooded the comment sections of Huawei’s social media platf

orms as well as news outlets that have reported on the letter, many leaving the message: “Huawei, fight on.”

The letter is a collection of short stories submitted by anonymous

Huawei employees depicting how their lives have subtly changed after the US last week put H

uawei and its affiliates on an “Entity List”, which restricts the sale or transfer of US technologies to the company.

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ic importance to Huawei. “TSMC produces most of H

uawei’s chips. Only with its cooperation is it possible for Huawei to have a Plan B in stocking

in-house processors in order to offset fallout from the US ban on its access to US chips,” Xiang said.

He said the move by Panasonic also showcases that the Japanes

e tech company is not willing to surrender to political pressure from Washington, after ear

lier reports that it had stopped shipments of certain components to Huawei. The firm bought $6.3 billion wort

h of products including batteries and electronic components from Panasonic in 2018, according to Nikkei Asian Review.

United Kingdom-based mobile operator EE said on We

dnesday that its 5G network in the UK would rely on equipment made by Huawei.

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Qingdao debuts high-speed maglev train prototype

hina rolled off the production line a prototype magnetic-levitation train with a designed maxim

um speed of 600 kilometers per hour in Qingdao on Thursday, filling the gap in travel speed bet

ween aviation and high-speed rail passenger transport in the country, according to its manufacturer.

Launched in July 2016, the train is designed and manufactured in CRRC Qingdao Sifan

g Co Ltd in the eastern coastal city of Qingdao, Shandong province. The company is a wholly owned su

bsidiary of Beijing-headquartered China Railway Rolling Stock Corp, the largest rolling stock manufacturer in the world.

The debut of the country’s first high-speed maglev train testing protot

ype marks a major breakthrough for the nation in the high-speed maglev transit system.

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