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www.sbrand988.com_集团(中国城)

文章来源:SEO    发布时间:2019-10-19 15:18:22  【字号:      】

www.sbrand988.com_集团(中国城)Chinawitnessedasurgeinthenumberofapplicationsforexit-entrypermitsonMonday,thefirstdayanewregulationtostreamlinerelatedapplicationprocedurestookeffect.About77,000exit-entrypermitapplicationsfromcitizenswithhouseholdregistrationfromelsewherewerehandledonMonday,including22,000forpassports,figuresfromtheNationalImmigrationAdministrationshow.Therewerealso24,000applicationsfortravelpassesforHongKongandMacaospecialadministrativeregionsaswellasTaiwanand31,000forgrouptourendorsementsforthethreeregions.Accordingtothenewregulation,Chinesecitizensonthemainland,regardlessofwheretheywerebornorlive,areabletoapplyfortheaforementionedtraveldocumentsatanyimmigrationadministrationsacrossthecountry.Citizensarenolongerrequiredtoreturntotheirhouseholdregistrationplacetoapplyforexit-entrypermits.Special:TheZhuhaisectionoftheHongKong-Zhuhai-MacaoBridgeinGuangdongProvince.(PhotobyZhangYouqiong/ForChinaDaily)The"OutlineDevelopmentPlan"forGuangdong-HongKong-MacaoGreaterBayArea,releasedrecently,aimstomaketheGBAaworldclassscienceandtechnologyinnovationcenter.ButhowcanGuangdongprovince,andtheHongKongandMacaospecialadministrativeregions,whichhavedifferentpoliticalsystemsand,toacertainextent,cultures,collaborateseamlesslytocreatesuchaninnovationcenterWebelievethatwhilethemarketwillbeakeydrivingforcefortheGBA'sdevelopment,thegovernmenthastoplaythekeyroleofcoordinatorandadministrativeguide.Themarketdoesplayavitalroleineconomicdevelopment,butavisionaryanddeterminedgovernmentisneededtosupplementthemarketandensurecoordinateddevelopment.First,agovernment-coordinatedplanwillpreventtheduplicationofinfrastructurefacilitiesandcut-throatcompetitionintheneighboringcities.Andmutualleveragingandinter-citycollaborationwillcreateadditionalvalueforallthethreeregionsgiventhenatureoftheirrespectiveeconomies.TheTokyoBayArea,too,facedasimilarchallenge,whichtheJapanesegovernmenttackledthroughacoordinatedplan.ThesameistruefortheSanFranciscoBayArea.Butinthelatter'scase,NGOssuchastheBayAreaCouncil,ratherthantheUnitedStatesfederalgovernment,helpedcoordinatecross-countyinfrastructureprojectssuchasrailwaysandportswiththesupportofthecountygovernments.Second,technologyandinnovationarevitalareasthegovernmentsofGuangdong,HongKongandMacaoshouldplayanimportantrolein.Theyshouldfundresearchinhighereducation,withoutwhichbuddingtalentscannotbetapped.Andsincetechnologicalinnovationprojectscarrygreatfinancialrisks,thegovernmentsshouldshoulderamajorpartofthoserisksbyactingasdefactoinsurers.Helpingentrepreneurstogetloansandprovidingthemwithfruitfuladvicearetwoareasinwhichthegovernmentsshouldplayacriticalrole.Bysodoing,theycanactasacatalystfortheGBA'seconomicgrowth.Financeisthebloodofanymodernenterprise,moresoforstart-ups.Butundertheexistingsystem,banksandfinancialinstitutionsintheGBAmaynotprovideloanstostart-upsbecausestart-upsareusually"lightinassets".Ofcourse,start-upscanreceivefundingfromventurecapitalcompanies.Butventurecapitalcompaniesusuallylookforveryhighreturnwithinafixedperiodoftime,whichnotallstart-upscanguarantee.Also,somejointventurecompaniesmaydemandequityinstart-upseitherintheformofconvertibleloansordirectequityinvestment,whichmanystart-upsmaynotagreetoforfearoflosingcontroloftheirbusinesses.Toovercomethesedifficulties,thegovernmentsofGuangdong,HongKongandMacaoshouldsupplementtheirsupportmodelssuchasgrants,incubationandindustryparksandtaxincentivesbyestablishingaplatformforfinancingwherethegovernmentshoulderssomeoftheriskandprovidesco-investment.Theycouldbeginbyprofessionallyassessingthedevelopmentopportunitiesandmarketpotentialofthecompanies,whichwillnotonlyhelpthestart-upstoovercometheirfinancialchallenges,butalsoinvestinemergingindustriesintheregion.Thegovernmentsshouldalsotreatcarefullywhenitcomestotakingmeasurestobridgetheoldindustrieswiththenewonesandprovideguidanceandincentivesforthetwotoworktogether.AttheendofthedaythegovernmentsandthemarketshouldnotberegardedastwoideologicallyopposingforcesfortheGBA.InarecentarticleinTheNewYorkTimes,JamalleBouiehaswritten:"Theinstitutionswhichprovidehealth,educationandwelfareservicesarewhollyexemptfromthemarket.Therighttoparticipateindirectmanagementoftheworkunitsoperatinginthemarketisderivedfromlabor.Therighttoparticipateindirectmanagementoftheworkunitsexemptwhollyorpartlyfromthemarketisderivedproportionallyfromlabor,ownership,andconsumptionoftheprovidedservicesandutilities."Theonlycomponent"whollyexemptfromthemarket"intheGBA'sinitialphaseshouldbegovernmentplanning,withoutwhichtheGBAcannotdevelopintoascienceandtechnologyinnovativecenter.WitmanHungisamemberoftheacademiccommitteeofChinaSilkRoadiValleyResearchInstitute;andLiangHaimingisthedeanofHainanUniversityBeltandRoadResearchInstituteandchairmanoftheChinaSilkRoadiValleyResearchInstitute.Theviewsdon'tnecessarilyrepresentthoseofChinaDaily.ForeigncapitalflowstoChinaareexpectedtorisefromMondayafteraportionofthenation'snearly-trillionofonshorebondswereincludedinakeyglobalindex.OnMonday,China'srenminbi-denominatedgovernmentandpolicybanksecuritieswereincludedintheBloombergBarclaysGlobalAggregateIndex,aglobalfixed-incomeinvestmentbenchmark,whichcouldtriggermorecapitalinflowsintothecountryandprovidestabilitytocurrencyandfundborrowers.GlobalbankshavepredictedthattheBloombergBarclaysindexinclusionwillattract0billionto0billionofoverseasfundsforthenextfiveyears.Morethan67percentofthemarketparticipantsinAsiaarelikelytoincreasetheirinvestmentinChineseonshorebondsthisyear,drivenlargelybytheindexinclusion,saidarecentsurveyfromBloomberg,theUS-basedfinancialinformationprovider.TheStateAdministrationofForeignExchangesaidonFridaythatimprovingconvertibilityofthecapitalaccountwouldbeoneofthekeytasksthisyearsoastograduallyachievefreecross-bordercapitalflowsandfurtheropenthebondmarket.BloombergChairmanPeterGrauertoldChinaDailyinanexclusiveinterviewaweekagothattheindexinclusionwillmaketheChinesebondmarketmoreattractivetoglobalinvestorsandbringinmoreliquidity.Heexpectsmorepolicymeasurestobetakeninthesubsequentyears.ThesemeasuresincludeimprovingChina'screditratingssystemandcorporatedisclosurelevels,launchingnewindexproducts,suchasbondexchange-tradedfunds,andexpandinghedgingtoolstomanageforeignexchangeandinterestrisks,saidGrauer.Aftera20-monthprocess,therenminbi-denominatedgovernmentandpolicybankbondswillrepresentabout6to7percentoftheindex'scomponents,hesaid.Accordingtothecentralbank,China'sonshorebondmarketworthwas88trillionyuan(.12trillion)bytheendofFebruary."InternationalinvestorswanttoparticipateinthegrowthoftheChineseeconomy.Onewaytheycandothatisbyinvestinginfixed-incomeinstruments,"hesaid.Besides,theindexwillallowglobalinvestorstocompareperformancewiththeoverallsituation,akeyglobalbenchmark.Currently,China's10-yeartreasuryyieldsarehigherthanthatintheUnitedStates,GermanyandJapan,andtheirreturnsarehigherthanothereconomieswithsimilarcreditratings.Thatcoulddriveinvestordemandandprovidediversificationopportunitiestoglobalinvestors,accordingtoGrauer.InvestorsintheUnitedStateshaveconfidenceintheChinesefinancialmarket,hesaid."Ifyouwanttoplayontheglobalstage,youshouldhaveastakeonthegroundinChinaandbeagoodcorporatecitizenwithalong-termviewaboutSino-USrelations."IbelievetheopeningofChina'sfinancialmarketmaybeoneofthebiggestchangesinthehistoryofglobalcapitalmarkets,andoneofthemostexciting."TheinclusionofChinesedomesticdebtintheindexcouldpotentiallyleadtoabouttrillionoffundinflowsintotheChineseonshorebondmarket,accordingtoIvanChung,associatemanagingdirectorofMoody'sInvestorsService,aglobalratingscompany.BytheendofJanuary,foreignholdingsofChinesedomesticbondstotaled1.75trillionyuan,whichwasequivalentto2percentoftotaloutstandingonshorebonds,accordingtoMoody'sdata."AsinvestorsparticipateincreasinglyinandunderstandbettertheChineseonshorebondmarket,theywillfeelmorecomfortableincreasingtheirrenminbi-denominatedassetallocations,andexpandingtheirinvestmentstoothercreditbondslikemunicipalbonds,corporatebondsandasset-backedsecurities,"saidChung.Theamountofgovernmentandpolicybankbondsincustodyaccountstotaled47.86trillionyuanbytheendofFebruary,accordingtodatafromtheState-ownedclearinghouseChinaCentralDepositoryandClearing.Comparedwithtreasuriesandpolicybankbonds,Chinesecorporatebondsarenotsoattractivesofarfortheforeigninvestor,giventhecurrentlevelofcorporatedisclosureandgovernancequality.Concernsonpotentialdefaultrisksmighthavediscouragedthemtoincreaseholdingsinassetallocations.ZhouXiaochuan,formercentralbankgovernor,saidattheBoaoForumforAsiathatasChinaisfurtheropeningthetrilliononshorebondmarket,foreigninstitutionswillparticipatemoreintheChinesebondmarket,andtheywillincreaseinterestinunderwritingcorporatebonds.Theforeignexchangeregulatorshowedthatin2018,thenetinflowsofforeigncapitalintotheonshorebondmarketstoodat.7billion,upby1.4timesfromthelevelseenin2017."It(theinclusion)indicatestheorderlyopening-upoftheChinesecapitalmarket,andtheimprovementoffinancialmarketinfrastructure,"saidtheSAFE2018annualinternationalbalancereportreleasedonFriday.

ForeigncapitalflowstoChinaareexpectedtorisefromMondayafteraportionofthenation'snearly-trillionofonshorebondswereincludedinakeyglobalindex.OnMonday,China'srenminbi-denominatedgovernmentandpolicybanksecuritieswereincludedintheBloombergBarclaysGlobalAggregateIndex,aglobalfixed-incomeinvestmentbenchmark,whichcouldtriggermorecapitalinflowsintothecountryandprovidestabilitytocurrencyandfundborrowers.GlobalbankshavepredictedthattheBloombergBarclaysindexinclusionwillattract0billionto0billionofoverseasfundsforthenextfiveyears.Morethan67percentofthemarketparticipantsinAsiaarelikelytoincreasetheirinvestmentinChineseonshorebondsthisyear,drivenlargelybytheindexinclusion,saidarecentsurveyfromBloomberg,theUS-basedfinancialinformationprovider.TheStateAdministrationofForeignExchangesaidonFridaythatimprovingconvertibilityofthecapitalaccountwouldbeoneofthekeytasksthisyearsoastograduallyachievefreecross-bordercapitalflowsandfurtheropenthebondmarket.BloombergChairmanPeterGrauertoldChinaDailyinanexclusiveinterviewaweekagothattheindexinclusionwillmaketheChinesebondmarketmoreattractivetoglobalinvestorsandbringinmoreliquidity.Heexpectsmorepolicymeasurestobetakeninthesubsequentyears.ThesemeasuresincludeimprovingChina'screditratingssystemandcorporatedisclosurelevels,launchingnewindexproducts,suchasbondexchange-tradedfunds,andexpandinghedgingtoolstomanageforeignexchangeandinterestrisks,saidGrauer.Aftera20-monthprocess,therenminbi-denominatedgovernmentandpolicybankbondswillrepresentabout6to7percentoftheindex'scomponents,hesaid.Accordingtothecentralbank,China'sonshorebondmarketworthwas88trillionyuan(.12trillion)bytheendofFebruary."InternationalinvestorswanttoparticipateinthegrowthoftheChineseeconomy.Onewaytheycandothatisbyinvestinginfixed-incomeinstruments,"hesaid.Besides,theindexwillallowglobalinvestorstocompareperformancewiththeoverallsituation,akeyglobalbenchmark.Currently,China's10-yeartreasuryyieldsarehigherthanthatintheUnitedStates,GermanyandJapan,andtheirreturnsarehigherthanothereconomieswithsimilarcreditratings.Thatcoulddriveinvestordemandandprovidediversificationopportunitiestoglobalinvestors,accordingtoGrauer.InvestorsintheUnitedStateshaveconfidenceintheChinesefinancialmarket,hesaid."Ifyouwanttoplayontheglobalstage,youshouldhaveastakeonthegroundinChinaandbeagoodcorporatecitizenwithalong-termviewaboutSino-USrelations."IbelievetheopeningofChina'sfinancialmarketmaybeoneofthebiggestchangesinthehistoryofglobalcapitalmarkets,andoneofthemostexciting."TheinclusionofChinesedomesticdebtintheindexcouldpotentiallyleadtoabouttrillionoffundinflowsintotheChineseonshorebondmarket,accordingtoIvanChung,associatemanagingdirectorofMoody'sInvestorsService,aglobalratingscompany.BytheendofJanuary,foreignholdingsofChinesedomesticbondstotaled1.75trillionyuan,whichwasequivalentto2percentoftotaloutstandingonshorebonds,accordingtoMoody'sdata."AsinvestorsparticipateincreasinglyinandunderstandbettertheChineseonshorebondmarket,theywillfeelmorecomfortableincreasingtheirrenminbi-denominatedassetallocations,andexpandingtheirinvestmentstoothercreditbondslikemunicipalbonds,corporatebondsandasset-backedsecurities,"saidChung.Theamountofgovernmentandpolicybankbondsincustodyaccountstotaled47.86trillionyuanbytheendofFebruary,accordingtodatafromtheState-ownedclearinghouseChinaCentralDepositoryandClearing.Comparedwithtreasuriesandpolicybankbonds,Chinesecorporatebondsarenotsoattractivesofarfortheforeigninvestor,giventhecurrentlevelofcorporatedisclosureandgovernancequality.Concernsonpotentialdefaultrisksmighthavediscouragedthemtoincreaseholdingsinassetallocations.ZhouXiaochuan,formercentralbankgovernor,saidattheBoaoForumforAsiathatasChinaisfurtheropeningthetrilliononshorebondmarket,foreigninstitutionswillparticipatemoreintheChinesebondmarket,andtheywillincreaseinterestinunderwritingcorporatebonds.Theforeignexchangeregulatorshowedthatin2018,thenetinflowsofforeigncapitalintotheonshorebondmarketstoodat.7billion,upby1.4timesfromthelevelseenin2017."It(theinclusion)indicatestheorderlyopening-upoftheChinesecapitalmarket,andtheimprovementoffinancialmarketinfrastructure,"saidtheSAFE2018annualinternationalbalancereportreleasedonFriday.AChinaPostcourierdeliversparcelsonamotorcycleinNakarzecounty,Tibetautonomousregion.(Photo/Xinhua)Highaltitude,bitingcoldmakeitoneofthemosthostiletransportroutesonearthStartingfromthecityofGolmudinnorthwesternChina'sQinghaiprovince,theQinghai-TibetHighwaywindssouththroughthemightyKunlunMountainsandbesidetheChumarandTuotuorivers.Everyweek,GeJun,acourierforState-ownedChinaPost'sGolmudbranch,drivesagreenvancarryingparcelsalongtheroutebetweenGolmudandthetownofDangla,alsoinQinghai,Thedeliveryroute,launchedin2009,crossesavastlandscapeofice,snow,mountainsandriversinanareawithanaveragealtitudeof4,500meters."Oneroundtripontherouteisabout900kilometers,andsofarIhavecoveredabout450,000km,"the43-year-oldsaid."ThedistancebetweenEarthandthemoonis380,000km,whichmeansIhavealreadylandedonthemooninthatsense!"Special:TheZhuhaisectionoftheHongKong-Zhuhai-MacaoBridgeinGuangdongProvince.(PhotobyZhangYouqiong/ForChinaDaily)The"OutlineDevelopmentPlan"forGuangdong-HongKong-MacaoGreaterBayArea,releasedrecently,aimstomaketheGBAaworldclassscienceandtechnologyinnovationcenter.ButhowcanGuangdongprovince,andtheHongKongandMacaospecialadministrativeregions,whichhavedifferentpoliticalsystemsand,toacertainextent,cultures,collaborateseamlesslytocreatesuchaninnovationcenterWebelievethatwhilethemarketwillbeakeydrivingforcefortheGBA'sdevelopment,thegovernmenthastoplaythekeyroleofcoordinatorandadministrativeguide.Themarketdoesplayavitalroleineconomicdevelopment,butavisionaryanddeterminedgovernmentisneededtosupplementthemarketandensurecoordinateddevelopment.First,agovernment-coordinatedplanwillpreventtheduplicationofinfrastructurefacilitiesandcut-throatcompetitionintheneighboringcities.Andmutualleveragingandinter-citycollaborationwillcreateadditionalvalueforallthethreeregionsgiventhenatureoftheirrespectiveeconomies.TheTokyoBayArea,too,facedasimilarchallenge,whichtheJapanesegovernmenttackledthroughacoordinatedplan.ThesameistruefortheSanFranciscoBayArea.Butinthelatter'scase,NGOssuchastheBayAreaCouncil,ratherthantheUnitedStatesfederalgovernment,helpedcoordinatecross-countyinfrastructureprojectssuchasrailwaysandportswiththesupportofthecountygovernments.Second,technologyandinnovationarevitalareasthegovernmentsofGuangdong,HongKongandMacaoshouldplayanimportantrolein.Theyshouldfundresearchinhighereducation,withoutwhichbuddingtalentscannotbetapped.Andsincetechnologicalinnovationprojectscarrygreatfinancialrisks,thegovernmentsshouldshoulderamajorpartofthoserisksbyactingasdefactoinsurers.Helpingentrepreneurstogetloansandprovidingthemwithfruitfuladvicearetwoareasinwhichthegovernmentsshouldplayacriticalrole.Bysodoing,theycanactasacatalystfortheGBA'seconomicgrowth.Financeisthebloodofanymodernenterprise,moresoforstart-ups.Butundertheexistingsystem,banksandfinancialinstitutionsintheGBAmaynotprovideloanstostart-upsbecausestart-upsareusually"lightinassets".Ofcourse,start-upscanreceivefundingfromventurecapitalcompanies.Butventurecapitalcompaniesusuallylookforveryhighreturnwithinafixedperiodoftime,whichnotallstart-upscanguarantee.Also,somejointventurecompaniesmaydemandequityinstart-upseitherintheformofconvertibleloansordirectequityinvestment,whichmanystart-upsmaynotagreetoforfearoflosingcontroloftheirbusinesses.Toovercomethesedifficulties,thegovernmentsofGuangdong,HongKongandMacaoshouldsupplementtheirsupportmodelssuchasgrants,incubationandindustryparksandtaxincentivesbyestablishingaplatformforfinancingwherethegovernmentshoulderssomeoftheriskandprovidesco-investment.Theycouldbeginbyprofessionallyassessingthedevelopmentopportunitiesandmarketpotentialofthecompanies,whichwillnotonlyhelpthestart-upstoovercometheirfinancialchallenges,butalsoinvestinemergingindustriesintheregion.Thegovernmentsshouldalsotreatcarefullywhenitcomestotakingmeasurestobridgetheoldindustrieswiththenewonesandprovideguidanceandincentivesforthetwotoworktogether.AttheendofthedaythegovernmentsandthemarketshouldnotberegardedastwoideologicallyopposingforcesfortheGBA.InarecentarticleinTheNewYorkTimes,JamalleBouiehaswritten:"Theinstitutionswhichprovidehealth,educationandwelfareservicesarewhollyexemptfromthemarket.Therighttoparticipateindirectmanagementoftheworkunitsoperatinginthemarketisderivedfromlabor.Therighttoparticipateindirectmanagementoftheworkunitsexemptwhollyorpartlyfromthemarketisderivedproportionallyfromlabor,ownership,andconsumptionoftheprovidedservicesandutilities."Theonlycomponent"whollyexemptfromthemarket"intheGBA'sinitialphaseshouldbegovernmentplanning,withoutwhichtheGBAcannotdevelopintoascienceandtechnologyinnovativecenter.WitmanHungisamemberoftheacademiccommitteeofChinaSilkRoadiValleyResearchInstitute;andLiangHaimingisthedeanofHainanUniversityBeltandRoadResearchInstituteandchairmanoftheChinaSilkRoadiValleyResearchInstitute.Theviewsdon'tnecessarilyrepresentthoseofChinaDaily.AChinaPostcourierdeliversparcelsonamotorcycleinNakarzecounty,Tibetautonomousregion.(Photo/Xinhua)Highaltitude,bitingcoldmakeitoneofthemosthostiletransportroutesonearthStartingfromthecityofGolmudinnorthwesternChina'sQinghaiprovince,theQinghai-TibetHighwaywindssouththroughthemightyKunlunMountainsandbesidetheChumarandTuotuorivers.Everyweek,GeJun,acourierforState-ownedChinaPost'sGolmudbranch,drivesagreenvancarryingparcelsalongtheroutebetweenGolmudandthetownofDangla,alsoinQinghai,Thedeliveryroute,launchedin2009,crossesavastlandscapeofice,snow,mountainsandriversinanareawithanaveragealtitudeof4,500meters."Oneroundtripontherouteisabout900kilometers,andsofarIhavecoveredabout450,000km,"the43-year-oldsaid."ThedistancebetweenEarthandthemoonis380,000km,whichmeansIhavealreadylandedonthemooninthatsense!"

AChinaPostcourierdeliversparcelsonamotorcycleinNakarzecounty,Tibetautonomousregion.(Photo/Xinhua)Highaltitude,bitingcoldmakeitoneofthemosthostiletransportroutesonearthStartingfromthecityofGolmudinnorthwesternChina'sQinghaiprovince,theQinghai-TibetHighwaywindssouththroughthemightyKunlunMountainsandbesidetheChumarandTuotuorivers.Everyweek,GeJun,acourierforState-ownedChinaPost'sGolmudbranch,drivesagreenvancarryingparcelsalongtheroutebetweenGolmudandthetownofDangla,alsoinQinghai,Thedeliveryroute,launchedin2009,crossesavastlandscapeofice,snow,mountainsandriversinanareawithanaveragealtitudeof4,500meters."Oneroundtripontherouteisabout900kilometers,andsofarIhavecoveredabout450,000km,"the43-year-oldsaid."ThedistancebetweenEarthandthemoonis380,000km,whichmeansIhavealreadylandedonthemooninthatsense!"AChinaPostcourierdeliversparcelsonamotorcycleinNakarzecounty,Tibetautonomousregion.(Photo/Xinhua)Highaltitude,bitingcoldmakeitoneofthemosthostiletransportroutesonearthStartingfromthecityofGolmudinnorthwesternChina'sQinghaiprovince,theQinghai-TibetHighwaywindssouththroughthemightyKunlunMountainsandbesidetheChumarandTuotuorivers.Everyweek,GeJun,acourierforState-ownedChinaPost'sGolmudbranch,drivesagreenvancarryingparcelsalongtheroutebetweenGolmudandthetownofDangla,alsoinQinghai,Thedeliveryroute,launchedin2009,crossesavastlandscapeofice,snow,mountainsandriversinanareawithanaveragealtitudeof4,500meters."Oneroundtripontherouteisabout900kilometers,andsofarIhavecoveredabout450,000km,"the43-year-oldsaid."ThedistancebetweenEarthandthemoonis380,000km,whichmeansIhavealreadylandedonthemooninthatsense!"AChinaPostcourierdeliversparcelsonamotorcycleinNakarzecounty,Tibetautonomousregion.(Photo/Xinhua)Highaltitude,bitingcoldmakeitoneofthemosthostiletransportroutesonearthStartingfromthecityofGolmudinnorthwesternChina'sQinghaiprovince,theQinghai-TibetHighwaywindssouththroughthemightyKunlunMountainsandbesidetheChumarandTuotuorivers.Everyweek,GeJun,acourierforState-ownedChinaPost'sGolmudbranch,drivesagreenvancarryingparcelsalongtheroutebetweenGolmudandthetownofDangla,alsoinQinghai,Thedeliveryroute,launchedin2009,crossesavastlandscapeofice,snow,mountainsandriversinanareawithanaveragealtitudeof4,500meters."Oneroundtripontherouteisabout900kilometers,andsofarIhavecoveredabout450,000km,"the43-year-oldsaid."ThedistancebetweenEarthandthemoonis380,000km,whichmeansIhavealreadylandedonthemooninthatsense!"

ForeigncapitalflowstoChinaareexpectedtorisefromMondayafteraportionofthenation'snearly-trillionofonshorebondswereincludedinakeyglobalindex.OnMonday,China'srenminbi-denominatedgovernmentandpolicybanksecuritieswereincludedintheBloombergBarclaysGlobalAggregateIndex,aglobalfixed-incomeinvestmentbenchmark,whichcouldtriggermorecapitalinflowsintothecountryandprovidestabilitytocurrencyandfundborrowers.GlobalbankshavepredictedthattheBloombergBarclaysindexinclusionwillattract0billionto0billionofoverseasfundsforthenextfiveyears.Morethan67percentofthemarketparticipantsinAsiaarelikelytoincreasetheirinvestmentinChineseonshorebondsthisyear,drivenlargelybytheindexinclusion,saidarecentsurveyfromBloomberg,theUS-basedfinancialinformationprovider.TheStateAdministrationofForeignExchangesaidonFridaythatimprovingconvertibilityofthecapitalaccountwouldbeoneofthekeytasksthisyearsoastograduallyachievefreecross-bordercapitalflowsandfurtheropenthebondmarket.BloombergChairmanPeterGrauertoldChinaDailyinanexclusiveinterviewaweekagothattheindexinclusionwillmaketheChinesebondmarketmoreattractivetoglobalinvestorsandbringinmoreliquidity.Heexpectsmorepolicymeasurestobetakeninthesubsequentyears.ThesemeasuresincludeimprovingChina'screditratingssystemandcorporatedisclosurelevels,launchingnewindexproducts,suchasbondexchange-tradedfunds,andexpandinghedgingtoolstomanageforeignexchangeandinterestrisks,saidGrauer.Aftera20-monthprocess,therenminbi-denominatedgovernmentandpolicybankbondswillrepresentabout6to7percentoftheindex'scomponents,hesaid.Accordingtothecentralbank,China'sonshorebondmarketworthwas88trillionyuan(.12trillion)bytheendofFebruary."InternationalinvestorswanttoparticipateinthegrowthoftheChineseeconomy.Onewaytheycandothatisbyinvestinginfixed-incomeinstruments,"hesaid.Besides,theindexwillallowglobalinvestorstocompareperformancewiththeoverallsituation,akeyglobalbenchmark.Currently,China's10-yeartreasuryyieldsarehigherthanthatintheUnitedStates,GermanyandJapan,andtheirreturnsarehigherthanothereconomieswithsimilarcreditratings.Thatcoulddriveinvestordemandandprovidediversificationopportunitiestoglobalinvestors,accordingtoGrauer.InvestorsintheUnitedStateshaveconfidenceintheChinesefinancialmarket,hesaid."Ifyouwanttoplayontheglobalstage,youshouldhaveastakeonthegroundinChinaandbeagoodcorporatecitizenwithalong-termviewaboutSino-USrelations."IbelievetheopeningofChina'sfinancialmarketmaybeoneofthebiggestchangesinthehistoryofglobalcapitalmarkets,andoneofthemostexciting."TheinclusionofChinesedomesticdebtintheindexcouldpotentiallyleadtoabouttrillionoffundinflowsintotheChineseonshorebondmarket,accordingtoIvanChung,associatemanagingdirectorofMoody'sInvestorsService,aglobalratingscompany.BytheendofJanuary,foreignholdingsofChinesedomesticbondstotaled1.75trillionyuan,whichwasequivalentto2percentoftotaloutstandingonshorebonds,accordingtoMoody'sdata."AsinvestorsparticipateincreasinglyinandunderstandbettertheChineseonshorebondmarket,theywillfeelmorecomfortableincreasingtheirrenminbi-denominatedassetallocations,andexpandingtheirinvestmentstoothercreditbondslikemunicipalbonds,corporatebondsandasset-backedsecurities,"saidChung.Theamountofgovernmentandpolicybankbondsincustodyaccountstotaled47.86trillionyuanbytheendofFebruary,accordingtodatafromtheState-ownedclearinghouseChinaCentralDepositoryandClearing.Comparedwithtreasuriesandpolicybankbonds,Chinesecorporatebondsarenotsoattractivesofarfortheforeigninvestor,giventhecurrentlevelofcorporatedisclosureandgovernancequality.Concernsonpotentialdefaultrisksmighthavediscouragedthemtoincreaseholdingsinassetallocations.ZhouXiaochuan,formercentralbankgovernor,saidattheBoaoForumforAsiathatasChinaisfurtheropeningthetrilliononshorebondmarket,foreigninstitutionswillparticipatemoreintheChinesebondmarket,andtheywillincreaseinterestinunderwritingcorporatebonds.Theforeignexchangeregulatorshowedthatin2018,thenetinflowsofforeigncapitalintotheonshorebondmarketstoodat.7billion,upby1.4timesfromthelevelseenin2017."It(theinclusion)indicatestheorderlyopening-upoftheChinesecapitalmarket,andtheimprovementoffinancialmarketinfrastructure,"saidtheSAFE2018annualinternationalbalancereportreleasedonFriday.Chinawitnessedasurgeinthenumberofapplicationsforexit-entrypermitsonMonday,thefirstdayanewregulationtostreamlinerelatedapplicationprocedurestookeffect.About77,000exit-entrypermitapplicationsfromcitizenswithhouseholdregistrationfromelsewherewerehandledonMonday,including22,000forpassports,figuresfromtheNationalImmigrationAdministrationshow.Therewerealso24,000applicationsfortravelpassesforHongKongandMacaospecialadministrativeregionsaswellasTaiwanand31,000forgrouptourendorsementsforthethreeregions.Accordingtothenewregulation,Chinesecitizensonthemainland,regardlessofwheretheywerebornorlive,areabletoapplyfortheaforementionedtraveldocumentsatanyimmigrationadministrationsacrossthecountry.Citizensarenolongerrequiredtoreturntotheirhouseholdregistrationplacetoapplyforexit-entrypermits.Special:TheZhuhaisectionoftheHongKong-Zhuhai-MacaoBridgeinGuangdongProvince.(PhotobyZhangYouqiong/ForChinaDaily)The"OutlineDevelopmentPlan"forGuangdong-HongKong-MacaoGreaterBayArea,releasedrecently,aimstomaketheGBAaworldclassscienceandtechnologyinnovationcenter.ButhowcanGuangdongprovince,andtheHongKongandMacaospecialadministrativeregions,whichhavedifferentpoliticalsystemsand,toacertainextent,cultures,collaborateseamlesslytocreatesuchaninnovationcenterWebelievethatwhilethemarketwillbeakeydrivingforcefortheGBA'sdevelopment,thegovernmenthastoplaythekeyroleofcoordinatorandadministrativeguide.Themarketdoesplayavitalroleineconomicdevelopment,butavisionaryanddeterminedgovernmentisneededtosupplementthemarketandensurecoordinateddevelopment.First,agovernment-coordinatedplanwillpreventtheduplicationofinfrastructurefacilitiesandcut-throatcompetitionintheneighboringcities.Andmutualleveragingandinter-citycollaborationwillcreateadditionalvalueforallthethreeregionsgiventhenatureoftheirrespectiveeconomies.TheTokyoBayArea,too,facedasimilarchallenge,whichtheJapanesegovernmenttackledthroughacoordinatedplan.ThesameistruefortheSanFranciscoBayArea.Butinthelatter'scase,NGOssuchastheBayAreaCouncil,ratherthantheUnitedStatesfederalgovernment,helpedcoordinatecross-countyinfrastructureprojectssuchasrailwaysandportswiththesupportofthecountygovernments.Second,technologyandinnovationarevitalareasthegovernmentsofGuangdong,HongKongandMacaoshouldplayanimportantrolein.Theyshouldfundresearchinhighereducation,withoutwhichbuddingtalentscannotbetapped.Andsincetechnologicalinnovationprojectscarrygreatfinancialrisks,thegovernmentsshouldshoulderamajorpartofthoserisksbyactingasdefactoinsurers.Helpingentrepreneurstogetloansandprovidingthemwithfruitfuladvicearetwoareasinwhichthegovernmentsshouldplayacriticalrole.Bysodoing,theycanactasacatalystfortheGBA'seconomicgrowth.Financeisthebloodofanymodernenterprise,moresoforstart-ups.Butundertheexistingsystem,banksandfinancialinstitutionsintheGBAmaynotprovideloanstostart-upsbecausestart-upsareusually"lightinassets".Ofcourse,start-upscanreceivefundingfromventurecapitalcompanies.Butventurecapitalcompaniesusuallylookforveryhighreturnwithinafixedperiodoftime,whichnotallstart-upscanguarantee.Also,somejointventurecompaniesmaydemandequityinstart-upseitherintheformofconvertibleloansordirectequityinvestment,whichmanystart-upsmaynotagreetoforfearoflosingcontroloftheirbusinesses.Toovercomethesedifficulties,thegovernmentsofGuangdong,HongKongandMacaoshouldsupplementtheirsupportmodelssuchasgrants,incubationandindustryparksandtaxincentivesbyestablishingaplatformforfinancingwherethegovernmentshoulderssomeoftheriskandprovidesco-investment.Theycouldbeginbyprofessionallyassessingthedevelopmentopportunitiesandmarketpotentialofthecompanies,whichwillnotonlyhelpthestart-upstoovercometheirfinancialchallenges,butalsoinvestinemergingindustriesintheregion.Thegovernmentsshouldalsotreatcarefullywhenitcomestotakingmeasurestobridgetheoldindustrieswiththenewonesandprovideguidanceandincentivesforthetwotoworktogether.AttheendofthedaythegovernmentsandthemarketshouldnotberegardedastwoideologicallyopposingforcesfortheGBA.InarecentarticleinTheNewYorkTimes,JamalleBouiehaswritten:"Theinstitutionswhichprovidehealth,educationandwelfareservicesarewhollyexemptfromthemarket.Therighttoparticipateindirectmanagementoftheworkunitsoperatinginthemarketisderivedfromlabor.Therighttoparticipateindirectmanagementoftheworkunitsexemptwhollyorpartlyfromthemarketisderivedproportionallyfromlabor,ownership,andconsumptionoftheprovidedservicesandutilities."Theonlycomponent"whollyexemptfromthemarket"intheGBA'sinitialphaseshouldbegovernmentplanning,withoutwhichtheGBAcannotdevelopintoascienceandtechnologyinnovativecenter.WitmanHungisamemberoftheacademiccommitteeofChinaSilkRoadiValleyResearchInstitute;andLiangHaimingisthedeanofHainanUniversityBeltandRoadResearchInstituteandchairmanoftheChinaSilkRoadiValleyResearchInstitute.Theviewsdon'tnecessarilyrepresentthoseofChinaDaily.

江鲜大会让十万人涌入杭州富阳古村 美丽乡村颜值产值齐飞#标题分割#  浙江在线10月5日讯(浙江在线记者王逸群叶临风通讯员李潇鹏)乡村特色活动的吸引力有多大?这两天,一场富春江江鲜大会,点燃了杭州市富阳区场口镇东梓关村这个面积不到3平方公里的古村落。仅是10月1日一天,就有10万游客涌入。从来没见过这么多人到村里。村民潘开平说,1日当天,他的江鲜馆收入达1.8万元。  有颜值,还要有产值。浙江乡村的环境美化后,如何实现产业振兴?两年前因杭派民居走红的东梓关村,通过发挥渔村特色,以美食美景引爆美丽经济的做法,正是富阳实施乡村振兴战略的一个缩影。  去年以来,富阳开展美丽乡村、美丽城镇、美丽经济三美建设,边美化边找特色。今年上半年,富阳24个乡镇(街道)因地制宜,构建一镇一业美丽经济业态体系,各自明确了一批全域景区化、乡村美丽化、美丽产业化、产业经济化的项目。  各具特色的美丽项目,让乡村和城镇放飞想象。3日,位于富阳区新桐乡桐洲岛的亚联飞行营地里,一场嘉年华正在上演。这里不仅有飞行特技表演、电音节、森林艺术集市等,游客还能坐上动力伞、热气球,亲身体验一把空中飞行的乐趣。这是我来中国后,第一次参加这么嗨的艺术节!来自巴西的留学生安娜说。这场别开生面的嘉年华,现场气氛火爆,短短3天已吸引了千余名游客。新桐乡党委委员徐国林说,桐洲岛风景如画,除了飞行营地,还有皮划艇活动中心、户外拓展、樱桃采摘等项目,这些已成为新桐乡美丽经济的拳头产品。  一场场特色活动和一二三产融合项目,为富阳打造现代版富春山居图注入活力。植入乡土与历史元素,第一届富春山居乡村百花大会的主场地龙门古镇吸引游客16.3万人次,迅速带火了景区内各类业态商户。洞桥镇查口村,农事体验项目让80多名农民变身教官,在家门口就业。场口镇、龙门镇等依托旅游资源,打造全域景区;永昌镇、上官乡等产业特色鲜明,大力发展产业富民项目;东洲街道则依托农创客小镇,打造全省农业领域创新创业高地……  坚持以全域景区化为目标,整合资源,发挥优势,推动美丽经济高质量发展。富阳区委主要负责人表示,未来,富阳将以美丽经济业态体系助推乡村产业兴旺,同时加快推进江南区块、三铁三高三快速交通网络等建设,打造宜居宜游的新城区。编辑:吴越浙江在线地方中心出品江鲜大会让十万人涌入杭州富阳古村 美丽乡村颜值产值齐飞#标题分割#  浙江在线10月5日讯(浙江在线记者王逸群叶临风通讯员李潇鹏)乡村特色活动的吸引力有多大?这两天,一场富春江江鲜大会,点燃了杭州市富阳区场口镇东梓关村这个面积不到3平方公里的古村落。仅是10月1日一天,就有10万游客涌入。从来没见过这么多人到村里。村民潘开平说,1日当天,他的江鲜馆收入达1.8万元。  有颜值,还要有产值。浙江乡村的环境美化后,如何实现产业振兴?两年前因杭派民居走红的东梓关村,通过发挥渔村特色,以美食美景引爆美丽经济的做法,正是富阳实施乡村振兴战略的一个缩影。  去年以来,富阳开展美丽乡村、美丽城镇、美丽经济三美建设,边美化边找特色。今年上半年,富阳24个乡镇(街道)因地制宜,构建一镇一业美丽经济业态体系,各自明确了一批全域景区化、乡村美丽化、美丽产业化、产业经济化的项目。  各具特色的美丽项目,让乡村和城镇放飞想象。3日,位于富阳区新桐乡桐洲岛的亚联飞行营地里,一场嘉年华正在上演。这里不仅有飞行特技表演、电音节、森林艺术集市等,游客还能坐上动力伞、热气球,亲身体验一把空中飞行的乐趣。这是我来中国后,第一次参加这么嗨的艺术节!来自巴西的留学生安娜说。这场别开生面的嘉年华,现场气氛火爆,短短3天已吸引了千余名游客。新桐乡党委委员徐国林说,桐洲岛风景如画,除了飞行营地,还有皮划艇活动中心、户外拓展、樱桃采摘等项目,这些已成为新桐乡美丽经济的拳头产品。  一场场特色活动和一二三产融合项目,为富阳打造现代版富春山居图注入活力。植入乡土与历史元素,第一届富春山居乡村百花大会的主场地龙门古镇吸引游客16.3万人次,迅速带火了景区内各类业态商户。洞桥镇查口村,农事体验项目让80多名农民变身教官,在家门口就业。场口镇、龙门镇等依托旅游资源,打造全域景区;永昌镇、上官乡等产业特色鲜明,大力发展产业富民项目;东洲街道则依托农创客小镇,打造全省农业领域创新创业高地……  坚持以全域景区化为目标,整合资源,发挥优势,推动美丽经济高质量发展。富阳区委主要负责人表示,未来,富阳将以美丽经济业态体系助推乡村产业兴旺,同时加快推进江南区块、三铁三高三快速交通网络等建设,打造宜居宜游的新城区。编辑:吴越浙江在线地方中心出品




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