t is set on virtual maps 阿拉爱上海mland in poverty-stricke

n Yongsheng county in Yunnan province, Pingjiang county in Hunan province and Fenxi county in Shanxi province.

Players can earn credits through selling the virtual produ 阿拉爱上海

cts they have grown or by viewing advertisements embedded in the game.

Those credits can then be used as discount coupons in the market section of the game to pu

 阿拉爱上海rchase real goods, such as rice and fruits, produced by local farmers in those counties.

All of the advertising revenue and the income from selling products

through the outlet will be used to support poverty alleviation work in these counties. 阿拉爱上海

All of the virtual products in the game represent real local specialties produced in

 阿拉爱上海the pilot counties. Photos and descriptions for these products are also available.

Players can share the link to these local specialties with three friends a

nd form a group to purchase these products and help poor farmers. Players can also view a real-ti 阿拉爱上海

me report about how much they have contributed to help these counties fight poverty. 阿拉爱上海

As China’s fight against poverty enters a new phase that focuses on targeted, precise solut

ions, the government has been seeking innovative ways to make the efforts more effective. 阿拉爱上海

In 2018, China lifted 13.8 million people in rural areas out of poverty, with the number of impov

erished rural residents dropping from 98.9 million in late 2012 to 16.6 million by the end of last year. 阿拉爱上海

China has vowed to eradicate absolute poverty by the end of 2020.

Pork prices to continue rising in latter half of year as swine fever woes persist

The supply of meat can satisfy domestic demand in the latt 阿拉爱上海

er half of the year as the decrease in pork production continues due to A

frican swine fever outbreaks, the Ministry of Agriculture and Rural Affairs said on Wednesday.

 阿拉爱上海Tang Ke, chief of the market and economic information department at the ministry, said at a new

s conference that pork prices in China have kept rising since March, and at an accelerated pace recently.

The average wholesale price of pork-the most commonly consumed meat in C

hina-reached 21.6 yuan a kilogram ($3.10) in June, an increase of 4.7 percent compare

d with that in May and a rise of nearly 30 percent compared with June last year, he said.

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hina began to impl阿拉爱上海品茶微信nd opening-up i

 in 1978, and sh阿拉爱上海品茶微信ifted its focus toward building its economy.

Data from the National Bureau of Statistics (NBS) shows the count

ry’s GDP increased 33.5 times in constant prices from 1978 to 2017, with average annual gr

owth at 9.5 percent, far exceeding the global average of 2.9 percent in the same period.

During 40 years of reform and opening-up, China’s economic aggregate increased significantly.

GDP stood at 364.5 billion yuan in 1978, before jumping to 1 trillion yuan in 1986, 2 trill

ion yuan in 1991, over 10 trillion in 2001, 30 trillion yuan in 2006, and over 80 trillion yuan 2017.

The country’s worldwide economic aggregate ranking is also rising, from 11th spot in 1978 to second in 2010.

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Fortunately, a growing number of Chinese high net wort

th investors have started to realize the importance of not putting all their eggs in one basket, said Zi Yu

an, head of investment platforms and solutions at UBS Securities. One solution is to hold dif

ferent currencies to avoid the possible risk of the exchange rate fluctuation of one single currency.

“They are looking at more overseas markets. Different markets sometimes are litt

le connected. For example, the Chinese stock market was really disheartening last year. But if an investor all

ocated his assets in the US stock market or other markets with high yield bonds, the loss in the Chinese stock m

arket will be offset and the stability of the entire investment portfolio will be further consolidated,” he said.

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The Guangdong government will optimize the autom

obile consumption environment. Automobile plate lotteries and bidding indicators in Guan

gzhou and Shenzhen will be broadened, and no other cities in Guangdong province may introd

uce automobile purchase restriction regulations. The government will strengthen the supervision of automobile sales, the maintenance and acc

essories industry, and establish a public notice system for automobile sales. Meanwhile, the used car consumer mar

ket will be improved and procedures for used car transactions will be simplified.

The Implementation Plan clearly states its aim to stabilize housing co

nsumption. The province will expand the supply of rental housing and the coverage of perma

nent residents in public rental housing, and housing provident fund systems.

The province will promote the upgrading of rural consumption in building rural tourism brands and improving infrastru

cture such as rural networks, communications, h

ydropower, logistics and highways. It will also vigorously encourage new modes of cons

umption, including accelerating the development of new information consumer products such as 5G-base

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Share planning with Braziloffice office partnership

China would like to have a shared planning process with Brazil to achieve coordinated development, President Xi Jin

ping said on Friday during a meeting with Brazilian Vice-President Hamilton Mourao at the Great Hall of the People in Beijing.

Calling the two countries highly complementary, Xi said China welcomes Brazil’s participation in the building of the Belt and Road.

He said China supports the prosperity and development of B

razil and believes that China-Brazil cooperation will produce great outcomes.

Xi asked Mourao to extend his sincere greetings to Brazil’s P

resident Jair Bolsonaro, who took office in January. Ch

ina appreciates the efforts made by the new government to promote the comprehensive strategic partnership, he said.

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Wang Peng, deputy head of think tank China Center for

 Information Industry Development, said Huawei’s chip making arm HiSilicon can help Huawei ensure the s

ustainability of its business to some extent, and its chip stocks “are expected to provide a buffer of six months to a year”.

Huawei said it procured around $70 billion worth of components and services from i

ts 13,000 suppliers worldwide last year, with roughly $11 billion coming from US suppliers.

The US has been voicing the “national security threat” of using Huawei products.

French President Emmanuel Macron said on Thursday that France will allow Huawe

i to build its 5G network infrastructure while preserving national security, according to Xinhua News Agency.

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China announces new tariffs on US goodsday that it wil

China said late on Monday that it will increase tariffs on the bulk of $60 billion of US imports to three categories of rates between 10% and 25%.

For the rest of the $60 billion US imports, the duty rate will remains at 5 percent.

The tariffs will hit around 5,000 products and will take effect on June 1.

It is China’s latest response to the additional US tariffs on $200 billion of Chinese goods, which were implemented on Friday morning.

The move fully demonstrates Beijing’s firm determination to defend its due interest

s and legitimate rights in international trade and economic cooperation, according to analysts.

Guanxi, compadrazgo and bapakism. Three words from China, the Philip

pines and Indonesia that encapsulate the same values of the vast continent through the a

ges-a shared belief in the importance of the family and the community over the individual.

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Govt should accelerate tax cuts to invigorate economy, pre

Premier Li Keqiang urged government departments to speed up the implement

ation of tax reductions to invigorate the country’s economy, amid rising uncertainties about growth on Friday.

Li was speaking with entrepreneurs from the manufacturing, constructio

n and service sectors at the Zhongnanhai leadership compound in Beijing.

The businesspeople said they have received benefits from the tax reduction measures in t

he past months, after the measures were introduced by Li in the Government Work Report in March. Th

ey also offered advice on how to further ease the tax burden on businesses.

After hearing their opinions, Li called tax reduction a great decision

made by the Communist Party of China Central Committee and the State Council. It has boosted

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China’s determination to expand opening-up and the ong

going reform measures have made its financial market increasingly appealing to overse

as investors,” the administration said on Monday in a statement on its website.

“The administration will continue to support the opening-up of financ

ial markets, meet demand from overseas investors to expand investment in the ma

rkets and attract global long-term capital to enter China’s financial markets,” it said.

Given the stable performance of the yuan and expectations of balanced capital flows, China’s fore

ign exchange reserves remained stable in April, reaching $3.095 trillion by the end of last month, co

mpared with $3.099 trillion by March, according to data released by the administration on Tuesday.

China is willing to see the accelerated development of the onshore capital market, said analysts, allowing direct fi

nancing to play a more significant role in allocating savings and investment, and better serve the economy.

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Other commonly used disaggregated growth meas

ures are consistent with the top-line measured GDP growth number. For example, production and

supply of electricity, thermal power, gas and water increased by 7.1 percent in the quarter. Pl

us, value-added index of transport, storage and post increased by 7.3 percent.

A closer look at the highest growth sectors shows that the economy is moving toward the long-term goal of shif

ting away from a development strategy based on heavy investment in industry and

infrastructure to one based on services and domestic consumption. Also, more productive industries that tur

n out higher-value added goods are growing at a much faster rate than traditional heavy industry.

Among large companies, State-owned enterprises grew 4.5 percent yea

r-on-year while shareholding enterprises grew almost twice as fast, at 7.8 percent. So, stro

ng progress is being made toward the goal of promoting private enterprise, which was re

inforced by many policies announced at last month’s meeting of the National People’s Congress.

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