Trade talks resum 上海419论坛 wellNew York Stoc

US markets rallied and closed in positive territory Monday on news that Chinese President Xi Ji

 上海419论坛nping and his US counterpart Donald Trump will resume negotiations to resolve the ongoing trade dispute.

Trump said talks are “back on track” and held off on his threat to impose tariffs on an additional $300 billion of Chinese goods. Trump 上海419论坛

said China will buy “a tremendous amount” of US food and agriculture exports while bilateral negotiations are ongoing.

The S&P 500 reached 2,977.86 in midday trading, all all-time high, bef

ore closing at 2964.33, up 22.57 points. Nevertheless, the long-term outlook for the market rema 上海419论坛

ins unclear as US manufacturing dipped close to a three-year low in June amid a worldwide economic slowdown.

“The devil is always in the details,” Usha Haley, professor of manageme

nt at Wichita State University, told China Daily. “I don’t know if Trump is the great m

 上海419论坛品茶微信ediator. But everyone gave a huge sigh of relief that talks have resumed between the US and China.”

Trump eased export sanctions on Huawei Technologies Co Ltd, boosting semiconductor stocks, including Micron Tech

nology, Skyworks Solutions, Qualcomm and Broadcom — and sparking the possibility of a revolt among some Republicans.

South Carolina Senator Lindsey Graham, a strong Trump supporter, told NBC’s Face the Nation on Sund 上海419论坛品茶微信

ay that he’s reviewing Trump’s action and noted, “It’s clearly a concession. There’ll be a lot of pu

shback if this is a major concession. If it’s a minor concession, I think it’s part of the overall deal.”

Neither side sai 上海419论坛品茶微信d when negotiations would resume or established a schedule for completing a deal.

Goldman Sachs called Trump’s decision to ease export sanctions on Huawei a “potential unexpected market friendly outcome”。

Asked at the G20 meeting in Japan if he had removed Huawei from the Entity List that controls the export of technology th

at could compromise US national security, Trump said, “No, not at all” and “We are talking about that” before telling re

porters, “I don’t want to talk about it now, we are looking at it very carefully. Huawei is very much in play.”

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The connect, a two-w上海419论坛女神会所 receipt mechani

ism that brings t上海419论坛女神会所ogether two of the world’s largest capital markets, brings together one of the world’s la

rgest domestic capital markets – the Shanghai Stock Exchange – with the world’s leading international market, the London Stock Exchange.

The Shanghai-London Stock Connect will allow global investors to bene

fit from China’s stable economic growth and ongoing reforms through London, while Lon

don Stock Exchange listed companies will be able to access Chinese investors directly through the stock connect.

It is the first time any foreign companies will be able to list in the Chinese mainland and the first time S

SE-listed companies will be able to raise capital abroad through instruments fungible with their domestic shares.

In tandem with the Shanghai-Hong Kong Stock Connect, which was launched in 2014, inter

national investors will now be able to access China A-shares through international trading and settlement practices.

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The West Texas Interme上海千花网女神会所very climbe

US dollars to se上海千花网女神会所ttle at 56.65 dollars a barrel on the New York Mercantile Exchange, while Brent crude for A

ugust delivery jumped 2.63 dollars to close at 64.45 dollars a barrel on the London ICE Futures Exchange.

Oil prices also got some support after the latest data showed a larger-than-expected decline in US crude inventories.

Meanwhile, traders are awaiting a decision by the Organization o

f the Petroleum Exporting Countries and its allies on whether to extend a pact on cutt

ing 1.2 million barrels per day of production that expires this month.Beijing Jiaotong University; the Un

iversity of Science&Technology Beijing; the Beijing University of Posts and Tele

communications; the Beijing Forestry University and the Beijing University of Chemical Technology held a joint

press conference on Jun 18 on providing information about this year’s college entrance exam.

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aking, and the political se上海419论坛女神会所sue has encounte

tered a hard-won上海419论坛女神会所 historical opportunity and has been universally

acclaimed by the international community and also has met its expectations.

Advancing the political settlement process and safeguarding the peace and stability of the penin

sula conforms to the development needs of both countries and the common interests of the two peoples, Xi said.

Saying Beijing supports dialogue to address Pyongyang’s legitimate conc

erns, the president stated China stands ready to strengthen communication and coordin

ation with the DPRK and other parties concerned and jointly push for progress in the consultations about the pe

ninsula issue to make positive contributions to regional peace, stability and prosperity.

The visit comes as China and the DPRK embrace the 70th anniversary of their diplomatic ties this year.

Xi said that, at this historic moment, his visit to the DPRK aims to carry

on the traditional friendship and usher in a new chapter of bilateral ties.

www.gutvxt.cn

Buildings at Tesla’s Sh上海千花网女神会所 nearly complete

Construction on 上海千花网女神会所the buildings at Tesla’s Shanghai plant has almost completed and the production equ

ipment is being prepared for installation, the auto news website Eelectrek reported on Sunday.

However, a representative at Tesla’s China branch said the plant is not yet finished, and these details are the same as th

e news released at the Tesla shareholders’ meeting, according to National Business Daily.

With an investment of over 50 billion yuan ($7.22 billion), the Shanghai plant, or Gigafactory 3, is the co

mpany’s first manufacturing facility outside the US and the first wholly foreign-funded automotive production project in China.

China is the world’s largest new energy automobile market, so

having manufacturing capacity in the country will help Tesla avoid increasingly unce

rtain import tariffs because of the trade tension between China and the US, said the new website.

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called on the countrie上海千花坊品茶微信nt the outcome

f the Second Belt上海千花坊品茶微信 and Road Forum for International Cooper

ation, make full use of their special advantages and promote connections bet

ween the Belt and Road Initiative and other regional cooperation platforms such as the Eurasian Economic Union.

Xi proposed promoting the connection of railways, roads and natural gas

pipelines among SCO members to build an interconnective system.

Xi said SCO members should make joint efforts to make the organization a model of unity and mutual trust.

The SCO has maintained good development momentum in rec

ent years and become an important force promoting regional safety, stability, dev

elopment and prosperity, he said, adding that mutual trust is the key to SCO development.

Xi said that faced with threats of terrorism and extremism, SCO m

embers should take effective measures to ensure the region’s safety and stability.

They should improve their laws to enhance security cooperation

and improve the organization’s capability to deal with complicated situations, he said.

sdnxs.org

General Wei is scheduled to give a speech on China’s se

ecurity cooperation with the international community and will meet heads of several

foreign delegations, Wu said at a news conference in Beijing on Thursday afternoon.

hina’s tech giant Huawei Technologies Co maintained its ranking as the w

orld’s No 2 smartphone vendor, continuing to narr

ow the gap with Samsung, the first on the list, market research company Gartner Inc reported.

With 71.62 million in smartphone sales, the world’s top vendor Sam

sung saw its market share reduce from 20.5 percent to 19.2 percent in the first quarter of this year.

Huawei sold 58.4 million units of smartphones in the same p

eriod, up 44.5 percent year-on-year, the highest growth among the world’s top five.

www.ax142.cn

ale Zhang, managing director of Shanghai-based con

nsultancy Automotive Foresight, said SEAT’s smaller cars will help its parent company to reach custo

mers in China’s smaller cities, where electric cars built on Volkswagen’s own platforms would be less affordable.

Volkswagen, as well as its subsidiaries from Audi to Porsche, plan to deliver aro

und 1.5 million electrified vehicles, most of them pure electric cars, in China by 2025.

It also expects global sales of electrified vehicles will total 22 million by 2028, and half of them will be produced in China.

China overtook the United States as the largest producer and market of new energy vehicles in 2015.

The China Association of Automobile Manufacturers expected sales of su

ch vehicles to reach at least 1.6 million this year, up from 1.2 million in 2018.

qianpadaf.com

China’s rural areas have become bright spots in the countr

ry’s e-commerce growth. Rural online retail sales reached 357 billion yuan (51.6 billion US dollars) in

the first three months of this year, up 19.5 percent year on year and faster than the national average growth.

As tours to Xinjiang Uygur autonomous region have become increasingly popular among tourists from home

and abroad, local authorities have announced a plan recently to launch as many as 100 special trains for tourists from May to October.

The local railway authorities will step up cooperation with other parts of the country to boost

Xinjiang’s tourism development, according to Huang Tingfaen, deputy general manager of Xi

njiang Railway Tourism Development Group.The trains will provide easier access to both the southern and northern par

ts of Xinjiang, said Huang. It will also be more convenient for Xinjiang residents to travel to other parts of the country.

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Pompeo said in an interview with CNBC that, “We’ve been

working at the State Department to make sure that everyone understands the risks.”

“Recently, some US politicians have repeatedly made rumors about Huawei but canno

t provide any evidence that other countries have requested,” Lu told a daily news conference.

He noted that the US public is having more and more doubts over the market turbulen

ce and undermined industrial cooperation caused by the trade war and technology war initiated by the US.

“So some US politicians have continually created rumors, tr

ying to mislead the public and stir up ideological opposition, which is illogical,” Lu said.

Ideological differences do not necessarily impede tra

de, industrial and technological cooperation between countries, he said.

daochuwan.cn