The Institute for Fiscal Studies warned that his plans wou

The foreign secretary, Hunt, has proposed reducing the rate of corporation tax paid b

上海会所y companies to 12.5 percent, matching the rate in Ireland among the lowest of any major economy.

The institute disputed the claims of some low-tax advocates that the policy would pay for itself by d

riving up company investment and encouraging overseas companies to locate in Britain.上海会所

More than 1,000 items of military equipment including some of the most advanced weapons and concepts are being exhibited at the Army-2019 Military an

d Technical Forum this week in Kubinka, Russia, a city about 60 kilometers west of Moscow.上海会所品茶微信

More than 1,500 enterprises and organizations are in attendance at the show, which features nearly 27,000 products and technologies. It will last until Sunday.

“This year we’ve invited delegations from over 100 countries to take part in ARMY-2019. Official meetings will be held with 70 of them on the sidelines of the forum. … The level o

上海会所品茶微信f representation of partner countries is quite high this year: Over 30 of them are headed by defense ministers, their deputies and chiefs of the general st

aff,” said Sergey Chemezov, CEO of Rostec, Russia’s state-owned company that specializes in the defenses and military high-tech industries.

Paul Johnson, director of the IFS, said cutting corporation tax, and another promise made by H上海会所品茶微信

unt to raise defense spending, would “leave no scope to relieve the pressure on other areas of pub上海会所

lic spending without tax rises, or a fiscal stance which risked putting debt on a rising path”.

Both Conservative leadership contenders announced this week they will bring down the barriers to talented overseas workers.

Johnson said he would make the UK “much more open” to high-skilled migrants such as scientists, while Hunt prom

ised to scrap the immigration target of keeping net migration below 100,000, which has never been met.

Hunt said: “We’re not going to be a country that changes from Little Britain int

o Little England and pulls down the shutters and says ‘Foreigners not welcome’.”

www.chanquanjiaoyi.cn

These high net worth individuals each possess inve

Meanwhile, 79 percent of the Chinese high net worth individuals polled said they are optimistic about their inves

tment returns for the next six months, while the average number was 62 percent in the North Asian markets.

Despite the fact that the benchmark Shanghai Composite Index sh

ed nearly 24 percent in 2018, 67 percent of Chinese participants said they will increase their inv

estments in the stock market in the next six months, much higher than the 51 percent registered in North Asia on average.

UBS found that cash still makes up about 30 percent of the investmen

t portfolios of Chinese high net worth individuals, which is the lowest among all surveyed Asi

a-Pacific markets, and even lower than the global average of 32 percent. Although China’s number is relatively lo

w, it is comparatively one of the most significant parts of the investment portfolios of high net worth individuals.

www.vnynui.cn

This topic has gone viral among Chinese netizens, an

d turned into a red-hot search item on Sina Weibo, China’s equivalent to Twitter.

The gross output value of the Chinese snack industry has reached 2.22 trill

ion yuan, according to a report released in December by the Circulation Industry Pro

motion Center, which is affiliated with the Ministry of Commerce.

Online e-commerce has accelerated the market penetration rate of snack food, cultivating and promoting purchasing habits of

customers, the report said, adding that snacks accounted for nearly 30 percent of the total online food sales.

A total of 15 tons of mahua (fried dough twists) and 10,769 pieces of subing (crispy cookies) sold out

in just four days. An 8-year-old snack company predicted its revenue would top 10 billion yuan this yea

r. All these have shown China’s snack industry is developing at an unprecedented speed.

qianpadag.com

letter receives high praise from primary school students in

Students from a Macao primary school hailed President Xi Jinping’s reply letter

delivered to them before International Chil

dren’s Day, and they pledged to live up to

Xi’s expectations by passing on the traditions of loving Macao and the country.

In the library of the Hou Kong Premier School Affiliated to Hou Kong Middle

School in Macao, students clapped after hearing Xi’s letter.

Hou Kong Middle School, established in

1932, was the first to raise a national flag in Macao on Oct 1, 1949.

“I am so excited to receive a reply,” said fifth-grader Dang Wingzi, one of the stude

nts who wrote the initial letter to Xi. “I will study hard to be able to better serve the country.”

shlfsm.com

President’s Russia visit eyes global stabilitys talks with his

President Xi Jinping’s upcoming visit to Russia reflects close cooperation between China and Russia,

which is important to maintain the stability of the international community amid rising uncertainties, analysts said.

Xi will make a state visit to Russia from June 5 to 7 and attend the 23rd St. Petersburg

International Economic Forum, Foreign Ministry spokesman Lu Kang announced on Wednesday.

The trip is part of the annual exchange of visits between the two countries’

heads of state, after Russian President Vladimir Putin attended the Second Belt and Road Fo

rum for International Cooperation in Beijing in April and had talks with Xi on the sidelines.

sh419ae.com

At present, more than 20 provincial-level regions have

 completed 5G call tests and more than 500,000 commercial 5G base stations are expected to be

built in South China’s Guangdong, North China’s Hebei, East China‘s Zhejiang and Jiangxi, and Central Chi

na’s Hubei provinces and the cities of Shanghai, Harbin, Tianjin, Chongqing and Wuhan in the future, the report said.

“With technologies and products related to the 5G network maturing, the main parts of the 5G ind

ustrial chain, including systems, chips and terminals, are ready for commercial use,” Wen Ku, a

spokesman for the Ministry of Industry and Information Technology, said on Tuesday.

The report said the ministry, having made a general plan fo

r 5G application, is estimated to formally issue 5G licenses at some point this year.

www.gutvxt.cn

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.

www.shlf1134.com

underlines legacy of Long Marchnping visits a museum mark

President Xi Jinping encouraged the Chinese people to be prepared for a new Long March to

ward national rejuvenation during a visit to a revolutionary base in Jiangxi province on Monday.

“We came here to the starting point of the Long March to exper

ience the situation of the Red Army’s departure during those years. Now there is a new Long

March, and we should make a new start,” Xi said at a memorial park in Yudu county, Ganzhou.

The Long March covered over 12,500 kilometers from October 1934 to October 1936. It was a military

maneuver carried out by the Red Army and led by the Communist Party of China to combat the Ku

omintang regime. The expedition, beginning in Yudu, laid the foundation for the Party’s victory.

chitudoudemao.cn

It currently plays a leading role in the network. All the oth

her telescopes have diameters of 20 meters at most. Tianma can receive more signals than all of them combined,” Shen said.

Tianma has also played an indispensable role in determining orbits for China’s moon an

d deep space explorations. It will also determine orbits for the country’s first Mars exploration in 2020, Shen said.

The government is tackling illegal disposal of lead-acid fuel cells, w

hich has resulted in pollution and higher health risks. Hou Liqiang reports from Pizhou, Jiangsu.

China is the world’s largest manufacturer of lead-acid batteries, which are widely us

ed to power electric bikes and supply the ignition spark for conventional automobiles.

However, spent batteries, which are officially designated as hazardous waste, are often dispose

d of illegally, squandering large amounts of valuable lead and causing pollution that is costly to remedy.

www.happla.cn

He said those who are interested in doing business with

Chinese partners in countries involved the Belt and Road Initiative should work together to create a

n ecosystem of a “one-stop shop”, providing diversified services to share in China’s prosperity along the Belt and Road.

President Xi Jinping asked countries to create conditions for other civilizations to develop while keep

ing their own vibrant. His keynote speech at the opening ceremony of the Conference on Dialo

gue of Asian Civilizations on Wednesday has aroused global interest. Here’s what some experts think.

As you know, I work for UNESCO and the general feelin

g I had after President Xi Jinping’s speech was that there were convergences on

many levels between his comments and the work UNESCO does in the world of dialogue among civilizations thro

ughout the world and also the work that we do specifically in relation to the ancient and modern Silk Road.

moefantasy.cn