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The first phase for Gigafact上海龙凤品茶微信p this sum

s summer, and pr上海龙凤品茶微信oduction will begin on Model 3 by the end of this year, according to Tesla’s CEO Elon Musk.

Gigafactory 3 will combine research and development, manufacturing, sales and an electric vehicle innovation center in one

facility, and it is expected to see an annual output of 500,000 electric vehicles in the next two to three years.

Musk expected that the Shanghai plant could produce 3,000 Model 3 vehicles per week by the end of this year.

In the future, Tesla’s Model 3 and Model Y will be made in the Shanghai plant.

In Fremont, the automaker is currently trying to stabilize production at 7,000 units per week for a

total of 10,000 Model 3 vehicles weekly by the end of the year, according to Eelectrek.

Tesla’s Shanghai-made Model 3 vehicle, priced from 328,000 yuan to 522,000 yuan, will be delivered to customers in six to 10 months.

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And given that the other major economies are using fre

e trade zones上海千花网品茶微信j as a strategic means to play geopolitical and geo-economic games, China should accelerate the b

uilding of free trade zones with other countries under the bilateral or multilateral investment ag

reement framework for a diametrically opposite purpose: boosting global economic cooperation.

The focus of international trade policy has shifted from tariffs and licensing to convenient inves

tment and trade facilitation policies, and creating of a business-friendly climate. So while ope

ning up the domestic market and helping improve the utilization of foreign capital, China should also work out de

tailed rules on the foreign investment law, take steps to remove the obstacles to outbound Chinese investments, promote th

e free flow of global and domestic production factors, and expand its economic development space.

Important to reform global governance system

To stabilize the economy and prevent risks, China should seek more govern

ment-funded infrastructure investment projects in fields such as 5G networks, intellig

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It is one of the oldest festivals, not only in China but also

hroughout th上海龙凤品茶微信e world, with a history of more than 2,000 years. In 2006, the traditional festival was listed as part of China’s

national intangible cultural heritage. In 2008, it was recognized as a public holiday in the Chinese mainland.

The Dragon Boat Festival commemorates the death of Qu Yuan, a Chu state

official and poet who lived during the Warring States Period (475-221 BC) before the reu

nification of China under the Qin Dynasty (221-206 BC). He was exiled after opposing his king’s decision to ally wit

h the neighboring state of Qin, and when Chu was finally conquered by Qin, he

committed suicide by drowning in the Miluo River on the fifth day of the fifth lunar month.

The Chu people, who admired Qu Yuan for his loyalty and integrity, th

rew rice dumplings into the river to feed the fish so they would not eat the body of their po

et hero. People then started dragon boat racing to scare off the fish.

Since then, the fifth day of the fifth month on the lunar calendar is cel

brated as the Dragon Boat Festival. The following are some customs for the festival.

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Growing economic dynamism will also serve as an impo

portant stabilizing factor, he said. China’s research and development spending ranks se

cond in the world, accounting for around 2.18 percent of its GDP, while emerging strategic industries, the

sharing economy and other new growth engines are also seeing continuous expansion.

The strong leadership of the Communist Party of China and the solid material and technological foundation built through decad

es of rapid development in the era of reform and opening-up will also help shore up economic growth, he said.

He added that China also has enormous resilience, potential and flexibility in developm

ent, deep experience in macroeconomic regulation and ample space for policy adjustments.

weishow.com.cn

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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efits and collaborative innovations – like the launch of

 the Global Innovation Exchange project in 2017 brought together by M

icrosoft, China’s Tsinghua University and the University of Washington, he said.

Habib said relations with China have also benefited Boeing, another major company in Washington.

“There’s no question that China is the most significant destinati

on for aerospace,” said Habib, as China “has the biggest middle class and it’s growing. Alon

g with that comes a tremendous increase in demand for both passenger travel and freight mobility.”

Habib also applauded China’s interest in Washington’s agricultural products

such as apples and cherries, and specifically mentioned tourists and students from China.

With the current trade disputes between China and the US, however, Habib is seeing some frustration in his state.

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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.

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RMB’s value determined by market forcesce forex rese

Beijing will not sacrifice forex reserves to defend its currency, analysts say

China would rather rely on market-oriented forces to determine the renminbi’s value than defend its currency by d

ipping into its $3 trillion foreign exchange reserves amid trade disagreements, analysts said.

The United States Treasury announced on Wednesday that it could not label China a

s a “currency manipulator” after Washington monitored the recent performance of the RMB.

No evidence was found to show Chinese monetary authority intervention in foreign exchange markets over the past sev

eral months, according to the US Treasury’s semiannual foreign-exchange report to Congress.

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So far EU ministers have only agreed a modest mandat

 to discuss reductions in tariffs in industrial goods and to seek agreement on conformity assessments. EU Trade Commissioner Cecilia Malmstrom is opp

osed to any quota agreement on cars and has lambasted the national security excuse put forward by the White House.

The most prominent supporter of free trade is the center-right European People’s Party which lost sea

ts largely to right-wing parties opposed to free trade, and to the Greens which want tougher conditions attached to trade deals.

The center-left Socialists are also broadly in support of free trade but lo

st seats, while the pro-trade Liberals (the Alliance of Liberals and Democrats for Europe) gai

ned seats. But the Liberals are now aligned with French President Emmanuel Macron’s En Ma

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Technology teams from Shanghai universities start business

t businesses in Suzhou, Zhejiang province. Things like this happen a lot now,” Wang said.

“And plans to build data infrastructure, such as cloud computing and data centers, have been made in the integrated development of the region.”

The report also surveyed AI education in China, which has started at all levels. More than 30 univers

ities have opened schools on AI, and 75 established AI majors or interdisciplinary majors with AI.

China’s first high school textbook on AI was published by East China Normal University last

year, and 40 high schools nationwide have participated in a pilot program on teaching AI to their students.

The release of the report was part of the Pujiang Innovation Forum, a ma

jor annual event in Shanghai for exchanges on science and technology innovation betw

een China and the rest of the world. Nearly 150 guest speakers from 23 countries and regions wil

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