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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Nowadays, when I a上海品茶微信usiness meeting

on’t even bring clothes. I would simply have the rental platform deliver the garments to my hotel befo

re the trip. I’d then return them without having to go through all the hassle of doing laundry,” she says.上海品茶微信女神会所

“I think women just need different clothes instead of new clothes. I don’t need a closet that is larger than necessary to p

上海品茶微信rove myself. My professional achievements are my most glittering accessories,” she adds.

She is so proud of adopting this approach that she openly admits to her friends that she rents cloth

es instead of buying them. She has even recommended clothing rental services to many of her peers.上海品茶微信女神会所

Consumers like Shen, who are open to renting fashion items, are driving the sharing econo

上海品茶微信my within the fashion industry, which has been slow to jump on the bandwagon, says Clement Tang, CEO of Le To

e China, an online clothing rental company that originated in San Francisco in 2012.

According to the State Information Center, China’s sharing economy was worth 2.94 trilli上海品茶微信女神会所

on yuan by 2018, an increase of 41 percent year-on-year, and more than 760 mill

ion Chinese-over half the country’s population-have paid for shared services or products.

上海品茶微信The center also estimated that the annual growth rate in the sharing economy in China would remain steady at around 30 percent over the next three years.

A consumer survey by consultancy firm Mintel found that transportation remains the most popular上海品茶微信女神会所

segment in the sharing economy. Among the 3,000 consumers polled by the consultancy, 91 percent said the

y have paid to share car rides or bicycles. In contrast, clothing is the second least popular category, above mothe上海品茶微信

r care and baby products, with only 9 percent of the interviewees saying they pay for such services.

Rachel Botsman, the author of What’s Mine is Yours: The Rise of Collaborative Consumption, noted in o上海品茶微信女神会所

ne of her TED talks that the rise of the sharing economy in other fields has provided a basis for the deva

luation of ownership in fashion, where there has long been “a stigma behind rental”.上海品茶微信

According to its website, TED is “a nonpartisan nonprofit (organi

zation) devoted to spreading ideas, usually in the form of short, powerful talks”.上海品茶微信女神会所

“Clothing rental could be the next big revolution for the fashion industry, after the rise of fast fashion and e-commerce,” says Tang.

stgongchen.cn

hinese consumers to drive future global growth

One of Britain’s leading economists said Chinese consumer 上海品茶微信s will be the driving force of future global economic growth.

Jim O’Neill, chair of the international think tank Chatham House and former chief econom

i 上海品茶微信st at Goldman Sachs, made the remarks in a speech on Wednesday at the celebration of the 70th anniversary of th

e founding of the People’s Republic of China and the second China-UK Economic and Trade Forum in London.

“What happens to the Chinese consumers is more important to China’s future,” O’Neill said.

“If China continues with 8 percent nominal GDP gr 上海品茶微信owth, which I believe is 5 percent real (GDP growth), and 3 percent pri

ces (meaning inflation), and if the Chinese consumers become the 50 percent of that total, the change from the next

year to the next decade is somewhere between $11 to $12 trillion, which is equivalent to create another China,” he said.上海品茶微信

O’Neill i 上海品茶微信s known for coining the term BRIC, the group term for Brazil, Russia, India and China, in 2001, to describe the four rapidly-developing nations that symbolized the shifting balance in the global economy.

South Africa was added to the group nine years later, making it BRICS.

“China remains the only one of the BRICS countries that aft上海品茶微信er 17 years has actually done exactly what we had expected it would achieve,” he said.

His opinion is that the ongoing trade dispute with the Un

ited States is not the most important challenge the country currently faces.

To continue its success, O’Neill said, China ne

上海品茶微信女神会所eds to address aspects of its aging population, which is a key contr

ibutor to the economic growth slowdown, and tackle environmental issues and population control in urban areas.

O’Neill is a former British commercial secretary to the Treasury. He said the Belt and Road Initiative, or BRI, initiated six ye

ars ago, will play a “hugely important” role in global trade, which has been buffeted by rising protectionism and unilateralism.

The BRI aims to build the Silk Road Economic Belt and the 21st Century Maritime Silk Road and deliver policies, infra

structure, trade, financial and people-to-people c上海品茶微信女神会所onnectivity via a new platform for a brighter future.

“If it can be implemented collectively, it can transform the trade pattern in Asia, p

articularly between China and India, two of the major BRICS countries,” he added.

www.chuangxiangjie.cn

Schools must provide more opportunities for students exp

experience tr上海品茶微信ansformative technologies. Only then will they be able to tackle the challenges of the ‘Intelligent Age’.”

A futuristic vibe permeates the entire campus. One can witness Xi

aoyi, a teaching aid program, answer students’ questions, while Xiaohuang, a self-dr

iving cart, delivers packages to teachers, and Wukong, a service robot, attends to visitors’ needs.

AI has also been integrated into 36 classes, from classical Chinese literature to biology. Li said the classes are meant to s

toke the students’ curiosity and familiarize them with AI technologies and equipment.

The school also provides intermediate classes on programming languages and web

and上海品茶微信 app design, and advanced lessons in robotics and self-driving technology.

Song Yan, director of the school’s information center, said there a

re plans to have 30 percent of students take part in AI-related courses.

“We want our students and teachers to have ample time to freely explore and innovate with AI,” he said.

www.ezgpui191.cn

he Malaysian king said his country is happy to see the

fruitful bilateral ties over the past 45 years, as well as the deepened friendship between the two peoples. Malaysia looks forward to

sustained prosperity and development of the countries’ relations to benefit the two peoples, he said.

Premier Li Keqiang and Malaysian Prime Minister Mahathir Mohamad also exchanged con

gratulations on the Friday anniversary. They vowed to expand practical cooperation.Beijing opened its first

bicycle-only road at 7 am Friday morning, and our reporter Cao Zinan became one of the first cyclists to try it out.

Follow Cao in this video, and get a glimpse of the 6.5-kilometer-long bikeway in northern Beijing.

nqlbn.cn

Foreign investors believe that China has enough policy

icy tools to offset short-term downside pressure, while the financial risks are under control as the country’s debt level has shown signs of stabilizing, Zhang said.

China’s overall debt-to-GDP ratio had dropped to 249.4 percent

by the end of 2018, 1.5 percentage points lower than a year earlier, according to the PBOC.

If trade tensions escalate further, more opening-up policies in the sectors of medical

care and education will help boost global investors’ confidence in the Chinese economy, Zhang added.

By hiking the tariffs on $200 billion of Chinese goods from 10 percent t

o 25 percent just when it seemed the China-US trade talks would achieve a bre

akthrough, the United States has not only intensified the trade dispute but also ensured both sides take a knock.

ex079.cn

ietnam surpassed India to become the largest buyer of Chin

a’s photovoltaic products. Export value to Vietnam rose 239 times to $739 million in the fi

rst quarter, taking up 16.8 percent of China’s total photovoltaic export value.

With the European Union ending its anti-dumping and anti-subsidy meas

ures, photovoltaic exports from China to Europe also saw large increase in Q1.

The country’s photovoltaic products export volume to the Netherlands and Spain increased 1,049.6 percent and 158.3 perc

ent, respectively, in the first quarter, said the report. It predicted that the emerging markets, such as Mexico, Aus

tralia, Turkey, and the United Arab Emirates will further boost the export of China’s photovoltaic modules.

The export of China’s photovoltaic products to the United States dropped 28.9 pe

rcent to just 0.01 GW in the first quarter, the report said. The Section 201, Section 3

www.fanxgq.cn

HiSilicon, which was founded in 2004, has designed chip

ipsets like Kirin, which has been used in Huawei’s high-end smartphones. In addition to server chips, th

e company has also developed chips for base stations, basebands and chipsets powered by artificial intelligence.

“From chips to its self-developed operating system, Huawei has

long been preparing for independent research and development in core technologies. It has the abil

ity to adjust to changes in the global market,” said Xiang Ligang, director-general of the Information Consumption Alliance.

Huawei has also made preparations with core chipsets. Existing s

tocks are thought to provide the company with a buffer of six months to a year, he said.

shanghaidianbaobao.cn

The traditional family model of the man bringing hom

the bacon and the woman looking after the family doesn’t seem to have changed much eve

n today. As a result, Chinese mothers still shoulder most of the responsibilities of raising kids.

In the absence of fathers, mothers are more likely to pay greater attention to their kids and their

education. This could not only prevent the children from learning life skills, but also make them bur

dens for their mothers. And the greater the burden they become, the more their mothers would be stressed out.

Yet such anxiety could be easily shared by, if not transferred to, other family members. A highly emotional yet anxious moth

er is more likely to make a wrong decision about her child’s education, which in turn could have a negative imp

act not only on the child’s healthy growth but also the health of the mother and the husband-wife relationship.

www.chinacctm.cn

More nurses sought to treat elderly populationetition at a tra

Health authorities will redouble their efforts to train nurses in eldercare as the proportion of older people in the pop

ulation expands and tens of millions of people struggle with disabilities, a senior health official said on Wednesday.

Jiao Yahui, deputy chief of medical administration and supervision at the National He

alth Commission, said there are not enough nurses to cope with the growing needs of the country’s elderly.

A regulation on the training of healthcare workers and standards of service is being drafted. It i

s expected to boost the number of nurse’s aides, Jiao said ahead of International Nurses Day on Sunday.

The nurse’s aides will complement the work of full-fledged nurses to meet the demand for services for the elderly, she said.

The number of registered nurses in China topped 4 million as of the end of last year. Nearly 70 perc

ent held a junior college degree or above, accounting for almost half of all healthcare professionals, she said.

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