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Those earnings mark a s 上海品茶微信th China’s lower-tha

-than-expected box office market. The National Radio and Television Administration said box

-office revenue hit 31.17 billion yuan in the first half of 2019 in China, down 2.7 percent year-on-year. 上海品茶微信女神会所

To Athanasopoulos, Chinese audiences’ increasing demand for blockbusters and higher-re

 上海品茶微信solution screens is part of the reason why premium film screenings are welcome.

“We saw strong demand in blockbusters, not only those (from) Hollywood but also Ch

inese-language films, which are increasingly welcomed by Chinese audiences.” 上海品茶微信女神会所

Athanasopoulos was talking about the science-fiction hit The Wandering Earth during the Spring Festiv

 上海品茶微信al holiday. IMAX China’s bet on the film garnered earnings of over 300 million yuan from the box office.

“We see that continuing to happen in the future … and that’s part of the

reason why we made an expansion plan to tap China’s fast-growing premium film scree 上海品茶微信

ning market, which we think is taking up a larger share of China’s overall box office market,” he added.

 上海品茶微信女神会所IMAX China’s move to expand came amid growing concerns China is tempering demand for films.

Chen Shaofeng, a professor in culture and entertainment at Peking University, sa

id although IMAX China set an expansion plan, the amount of new cinema 上海品茶微信

s (40) still seems to be modest. “The overall market performance might be an influence,” he added.

“The lower-than-expected box office performance this y 上海品茶微信女神会所ear is partly because of a drop in cin

ema visits, particularly in third-and lower-tier cities where demand is weakening,” Chen said.

A rough industry estimate from entertainment analysi

 上海品茶微信s website Dengta under online ticketing platform Taopiaopiao show

s cinema visits slumped by nearly 100 million to around 807 million in the first half of this year.

“On one hand, rising ticket prices prevent many people from visiting cinema 上海品茶微信女神会所

s, as cinemas stopped selling cheap tickets at 9.9 yuan or 19.9 yuan,” Chen said.

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Last month, the central government issued a guideline on

promoting the application of e-buses, by supporting technology innovation, improving fiscal

and taxation policies, enhancing infrastructure construction, as well as reinforcing fund supervision.

“It is estimated that in the future, China’s e-bus market will transform to a more market-driven pattern, instead of policy-driv

en. The market will shift from an incremental market to a stock market, maintaining steady growth,” he said.

Bloomberg New Energy Finance estimates that EVs will attain price parity by the mid 2020s, as lithium battery pric

es have been falling. From 2010 to 2018, lithium battery prices dropped by over 85 percent, with an annual average decl

ine rate of 20 percent. And the decline, with the same rate, is estimated to continue for the next few years.

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Responding to a question on China’s considerations behin

 behind sending Wei to this year’s Shangri-La Dialogue, Wu said that China chooses the head of its delegation in accordance with the situation.

He added that China and the United States are in active talks on whether Wei will meet Patrick M. Sha

nahan, acting US secretary of defense, during the event and information on that will be published later.

Wei has been in Singapore since Tuesday and has met with leaders of the Singaporea

n government as part of his visit to the Southeast Asian nation, Singapore media reported.

Zhao Xiaozhuo, a senior researcher of international military relatio

ns at the PLA Academy of Military Science, said that the attendance of Wei, as the second part

icipation of a Chinese defense minister to the Shangri-La Dialogue, shows that China plac

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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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Weaker economic growth puts at risk essential invest

ments in areas such as education, health, climate change adaptation and sustainable infrastructure.

The growth outlook in all major developed economies and most developin

g regions has weakened due to a confluence of both domestic and external factors, the report said.

Following an expansion of 3 percent in 2018, world gross product growth is now projected to moderat

e to 2.7 percent in 2019 and 2.9 percent in 2020, reflecting a downward revision from the forecasts released in January.

The report identifies several downside risks that could trigger a sharper or more prolonged growth slowdown, potentially infl

icting significant damage on development progress. Those risks include a further escalation in trade te

nsions, a sudden deterioration in financial conditions, and the accelerating effects of climate change.

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On behalf of our hundreds of millions of footwear cons

sumers and hundreds of thousands of employees, we ask that you im

mediately stop this action to increase their tax burden,” the group said.

The group’s reasoning echoes an earlier comment from David French,

senior vice-president for government relations at the Nat

ional Retail Federation, who said, “Saying that China is paying these tariffs doesn’t hold water.”

About 99 percent of all shoes sold in the US are imported. Last year alo

ne, it imported 2.5 billion pairs, nearly 70 percent of which came from China, ma

king the Asian country the largest source for US shoe imports, according to statistics provided by the FDRA.

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I cannot believe this could happen during the world cha

championships,” said Guan, also President of the Chinese Taekwondo Federation. “This is the first time I have seen such kind of thing.”

Zheng, who had beaten Walkden three times in a row, took a dominant lead of 20-10 in the closin

g stages of the women’s over 73km category final, but the referee disqualified Zheng alleging she had committed 10 fouls during the bout.

Wakden then secured her third successive world taekwondo title by the referee’s punitive declaration.

“Our athlete has worked very hard for this gold medal and it was taken away so easily by the referee. This is very dirty.”

Guan said that the Chinese team will launch an appeal to the World Taekw

ondo, the sport’s world governing body, and the International Olympic Committee (IOC).

“We will definitely appeal to the decision,” he said. “And this refe

ree’s qualification should be stripped of. This scandal is a serious damage to our sport.”

cn-yongan.com

Mired in Brexit deadlock and forced to delay Britain’s M

 March 29 exit from the EU, May’s Conservatives suffered major losses in local election

s this month and are trailing in opinion polls before May 23 European Parliament elections.

With Labour and Brexit-supporting rebels in the Conservatives p

lanning to vote against her deal, it is unlikely to be approved as things stand.

Pro-Brexit Conservative lawmakers were unimpressed with May’s failure to set a firm date to quit. One, who declined to be na

med, described it as “yet further procrastination which is causing appalling damage to the Conservative Party.”

Another, Andrew Bridgen, said May was “an increasingly beleaguered and isolated prim

e minister who is desperate to salvage something from her premiership and is prepared to drive thro

ugh an agreement that would fatally hamstring any future prime minister in negotiations with the EU.”

www.9319888.org.cn

They will also increase the number of personnel exchan

anges to improve the experience and effectiveness of customs officers, Jin said.

China will continue to conduct joint law enforcement operations with other countries targeti

ng IPR violations, including Russia and the US. Customs officials of the EU, Japan and South Kore

a have responded positively to China’s proposal for law enforcement operations, he said.

“We have been encouraging domestic and overseas enterprises to conduct exchanges on t

echnology and protecting the lawful intellectual property rights of overseas enterprises in China,” Jin said. “We a

lso want other countries to intensify IPR protections for Chinese enterprises on their soil.”

Jin made the comments at a news conference organized by the State Council Infor

mation Office in Beijing for the release of an IPR protection report by the Chinese government.

www.chuangxiangjie.cn

Now that it has reached middle-income status, China’s eco

nomic strategy will focus on creating a highly competitive domestic market that forces com

panies to produce high-value goods so they can pay high wages to highly skilled people.

Because of its long experience in manufacturing, much of tha

t push will be focused on higher value-added production, using the new technologies of r

obotics, artificial intelligence, the internet of things and 5G. This is the only way to avoid the middle-income trap.

The reform and opening-up policies are exactly the kinds of market-driven reforms

needed to make this happen. The Chinese government is investing heavily in research and development, but it sho

uld be noted that the R&D spending as a percentage of GDP is still lower than that of the US.

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