Archive June 2019

Boeing may reimburse airlines for 737 MAX grounding

Boeing CEO Dennis Muilenburg said on Wednesday that the aircraft manufacturer

上海千花坊is having “ongoing conversations” with airlines about possible reimbursements following the worldwide grounding of 737 MAX jets.

The airlines haven’t disclosed how much they are seeking from Boeing, but some analysts peg industrywide losses at about $1 billion. In an interview with Axios, Muilenb上海千花坊

urg didn’t say how Boeing would compensate airlines, but it could be cash, a discount on future orders or additional pilot training and services.

Airlines seeking compensation include Air China, China Eastern Airlines, China Southern Airlines, Norwegian Air, Turkish Air, Ryanair, Flydubai and United Airlines.上海千花坊品茶微信

“Reimbursement isn’t a technical problem,” John Cochran, president of Eaglemark, an aviation con

sulting firm and professor emeritus of Aerospace Engineering at Auburn University, told China Daily USA. “It’s a matter of first imp

ression. Some of what Boeing proposes to do may be contractual and it’s certainly sound public relations. Boeing wants to keep its customers happy.”上海千花坊

The 10,000-member pilots union for Southwest Airlines said this month it will ask B

oeing  for compensation to cover legal costs and lost income for pilots due to the 737 MAX grounding.

上海千花坊品茶微信The union hasn’t said how much pilots have lost, but it could be as much as $9 million a month, the Dallas Morning News reported.

Southwest has 34 MAX jets in its fleet. The airline said it plans to resume MAX flights on Sept

2, but the union said “there is no accurate estimate of when the MAX will return to service.”

上海千花坊品茶微信Airlines have used other planes when possible to replace grounded MAX jets, but some flights have been canceled. The airlines appa

rently seek compensation for lost revenue as well as storage and the cost of preparing the MAX to return to c

ommercial service when the US Federal Aviation Administration and other regulators say it’s safe to fly.

Boeing MAX jets were grounded worldwide following crashes March 10 in Ethiopi

a and October 29, 2018, in Indonesia that killed a total of 346 passengers and crew.

Preliminary investigations suggest the aircraft’s Maneuvering Characteristics Augmentation System (MCAS), an automated anti-stall device, apparently fo

rced the noses of Lion Air and Ethiopian Airlines flights down and into a fatal plunge when it erroneously deter

mined the planes were about to stall. To avoid a stall, MCAS points the nose of the plane down to gain air speed.

www.shlfapp.cn

Electric carmaker NIO will replace the power battery pack

with an improved version for vehicles within the scope of the recall for free to eliminate safety hazards.

上海419品茶微信At least three NIO ES8 vehicles had self-ignition accidents in the past three months and the State Administration for Market Regulation has started investigating the vehicles in these incidents.

Apart from recalling vehicles with safety hazards, the company has also established a transdepartmental 上海419

investigation team to optimize the quality management system of their products in cooperation with supply chain partners.

上海419品茶微信By May this year, NIO had delivered over 170,000 ES8 vehicles, and the 70 kilowatt-hour battery packs produced after Oct 20, 2018, have been equipped with modules of the specification model NEV-P102, which has no safety hazards, the company said.

A senior lawyer said he is “very optimistic” about the future of China’s business envi

ronment, as the country is determined to develop an advanced intellectual property protection legal regime.上海419

“We are very optimistic about the future of China’s business environment,” said Eric Liu, managing

partner of Zhao Sheng Law Firm. The office is the British law firm Linklaters’ joint operating partner in China.上海419品茶微信

Despite the uncertainty caused by the trade conflict, which has put investment and consumption on hold, Liu said he believes “Chin

a will continue opening its economy up to international trade and cross-border inbound and outbound direct investment.”

“China has become increasingly innovative, and is determined to develop an advanced legal regime for IP prot

ection, and new protection mechanisms have already taken shape in the country,” he said in a written reply.

He believes China will step up its efforts in protecting the intellectual prope

rty rights of foreign investors, following the promulgation of the Foreign Investment Law.

Asked about his take on the China-US trade dispute, Liu said: “Although we have seen many uncertainties concerning the tra

de dynamics between China and the US, we still believe in the potential and vitality of trade and investment markets.”

shl419.com

She also said that 96 percent of Polish companies are

e small and medium-sized enterprises, many of which are family businesses and contribute the greater part of the country’s GDP.

“上海千花网Poland is known worldwide for the quality of its food, such as apples and milk, which are already available on the Chinese m

arket. We believe that Chinese consumers will be more open for new tastes of Polish food in the near future,” Skoczek said.

He said the CISMEF is an international event which features the highest level, largest scale and most wid

e-ranging influence in the Asia-Pacific region and specially serves SMEs. Over the past 13 years, 16 countries and international organizations in Asia, Europe, Oceania, America (North上海千花网

America and South America) and Africa have been invited to host the exhibition, with its international influence growing year by year.

The 14th CISMEF will feature South Africa and the United Nations Industrial Development Organization (UNI

DO). With an exhibition area of more than 1,000 square meters, South Africa will appear with more than 70 characteristic enterpris上海千花网女神会所

es in industries such as agriculture, and services, to promote and present distinctive local products, industrial investment environment and cultural customs. UNIDO will set up

a special promotion area in the International Hall to popularize the knowledge of industry, and provide technical support and projects needed by SMEs.上海千花网

Currently, 31 countries, regions and organizations have confirmed their participation and booked 1,028 booths, including South Africa,

UNIDO, Egypt (first time), Malaysia, Thailand, Cambodia, Myanmar, Greece, the UAE, the United Nations Office for South-South Cooperation, Japan, Poland, Sri Lanka, Russia, Sou

th Korea, Vietnam, Bulgaria, Iran, Nigeria, Germany, Indonesia, the USA, Spain, Australia, Qatar, Brazil, New Zealand, Israel, Taiwan, Hong Kong and Macao.

上海千花网女神会所Responding to the national strategy of opening up, the fair will host several international pavilions featuring the Belt and R

oad; China-Africa Cooperation Mechanism and the Guangdong-Hong Kong-Macao Greater Bay Area; Africa pavilion; Central and Eastern Euro

pe pavilion; Middle East pavilion and Hong Kong; and the Macao & Taiwan pavilion will be set up to present distinctive products and 上海千花网女神会所quality services.

A wide range of practical events, such as the second Asia-Europe SME Financing Seminar, SME Cross-border M

atchmaking Seminar and Business Promotion of Overseas Exhibition Groups and Purchase Presentation, will be held conc

urrently to build a capital, technology and intelligence networking platform for Chinese and foreign SMEs.

With 6,000 standard booths and an exhibition area of 150,000 square meters, the 14th CISMEF is hosted by the Ministry of Industry and Info

rmation Technology of the People's Republic of China, the State Administration for Industry & Commerce, the People

's Government of Guangdong Province, the Department of Small Business Development of South Africa and UNIDO.

www.shlf20.cn

Last year, Moutai achieved whole-year sales revenu

ue of 75 billion yuan, up 23 percent year-on-year. Its net profit totaled 34 billion yuan, jumping 25 percent over the previous year, its earnings report said.

上海千花网This year, Moutai aims to achieve sales revenue of 100 billion yuan, growing 14 p

ercent year-on-year, and reaching a net profit of 45 billion yuan. The company said it is strong and confident enough to drive further growth.

上海千花网”The stock market now shows a prominent problem of polarization. Leading

上海千花网上海品茶white-horse stocks have seen continued steady growth. The climbing share price of Mout

ai definitely gave a boost to many white-horse stocks, with the prices of several stocks reaching their new high, while some ot上海千花网

her themed stocks are being marginalized,” said Yang Delong, chief economist at the Shenzhen-based First Seafront Fund.

Market demand for liquor products will likely remain strong, and major spirit makers a

上海千花网上海品茶re expected to witness more steady and structural growth and continue to remain competitive, Zhongtai Securities said in its report.

As the sun sets and the temperatures begin to cool, the evening heats up as night markets start to boom, especially during holidays and festivals.上海千花网上海品茶

The nighttime economy means people can dine, shop and enjoy entertainment at night.上海千花网

Some cities including Beijing, Shanghai, and Jinan have published policies to support and promote the nighttime economy.

China’s electric car startup NIO recalled 4,803 ES8 vehicles, about one-third of the company’s first batch for delivery, Beijing Youth Daily reported on Friday.

The company also promised to compensate all property losses caused by accidents due to battery quality上海千花网上海品茶 according to law, the report said.

Starting from June 27, the company recalled the 4,803 ES8 electric vehicles with power battery packs manufactured between April 2, 2018, and Oct 19, 2018, a上海千花网上海品茶ccording to a notice from the State Administration for Market Regulation.

The power battery pack used in the vehicle within this recall range is equipped with a module of the specification model NEV-P50, which has the voltage sampling harness in an improper position, where it could cause a fire.

In 2018 the trade volume for food service at night increased 47 percent year-on-year,上海千花网上海品茶

which is 2 percentage points faster than the growth rate for food consumption during the day, accordin

g to statistics jointly issued by the China Tourism Academy and online consumption service provider Meituan Dianping.

www.ezgpui191.cn

ion yuan in reducing tax and fee burdens, the figure in

As China’s measures to cut taxes and fees have been running on all cylinders, the coun

try has sla上海会所shed 893 billion yuan ($129.96 billion) in fiscal revenue from January to May, w

ith 109 million people’s salaries free from taxation, datafrom the State Taxation Administration showed on Thursday.上海会所

Compared with the annual target of 2 trillion yuan in reducing tax and fee burdens, the figure in the first five months ind

上海会所女神会所icated the task was 44 percent complete, said Zhang Yiqun, an expert in finance and taxation, adding China fare

s well in large-scale tax cuts and fee reductions and will definitely attain its goal in the end, according to Securities Daily.上海会所

Specifically, the newly issued tax-cut policies this year whittled down 351.1 billion yuan. Of the figure, 221.8 billion yuan boiled down t

o the deepening reform on value-added tax and 91.7 billion to inclusive policies for small and micro

上海会所 enterprises and special expense deductions for individual income tax. Meanwhile, 460.4 billion yuan were attributed to carryover effects of tax-reduction policies implemented since last year.

 new round of reductions in value-added tax rates started to take effect from April 1. A pullback of 221.8 billion yuan in overall taxation was accomplished between Ap上海会所ri

l and May, involving all industries, according to the official data, which also revealed manufacturing saved the most from the tax policy during the period, totaling 97 billion yuan, while the wholesale and retail industry achieved 80.8 billion yuan.上海会所女神会所

Privately and individually owned businesses are the biggest beneficiaries of inclusive policies targeting small and micro

enterprises, accounting for 83.4 percent in the total cuts of 66.8 billion yuan, achieved through implementing relevant policies.

Increasing the pre-tax deduction ratio for research and d上海会所女神会所evelopment expenses added a tax reduction of 87.8 billion yuan.

www.qiuLuhuang.cn

After its 18th National上海品茶微信女神会所ctivities were undert

ertaken to brin上海品茶微信女神会所g the Party closer to the people and officials were urged to maintain discipline and moral integrity.

The Party also required its members to have a solid understanding of the Party’s Constitution,

Party regulations and major policy addresses, as well as to adhere to Party standards of behavior.

All the measures aim to help the CPC curb undesirable practices such as complacency, formality and bureaucracy.

He Yiting, vice-president of the Party School of the CPC Central C

ommittee, said the courage to carry out self-reform is a big advantage of the CPC.

“It is easier to launch a revolution against others than against oneself,” he said.

During the group study session, Xi also urged Party members and le

ading officials to keep studying and improve themselves, strengthen innovation in theo

ry, practice and culture, and enhance political integrity so as to comprehensively improve governance ability.

www.youhuileyuan.cn

After its 18th National上海品茶微信女神会所ctivities were undert

ertaken to brin上海品茶微信女神会所g the Party closer to the people and officials were urged to maintain discipline and moral integrity.

The Party also required its members to have a solid understanding of the Party’s Constitution,

Party regulations and major policy addresses, as well as to adhere to Party standards of behavior.

All the measures aim to help the CPC curb undesirable practices such as complacency, formality and bureaucracy.

He Yiting, vice-president of the Party School of the CPC Central C

ommittee, said the courage to carry out self-reform is a big advantage of the CPC.

“It is easier to launch a revolution against others than against oneself,” he said.

During the group study session, Xi also urged Party members and le

ading officials to keep studying and improve themselves, strengthen innovation in theo

ry, practice and culture, and enhance political integrity so as to comprehensively improve governance ability.

www.youhuileyuan.cn

The ministry has ca上海千花网品茶微信n to revive soyb

ybean productio上海千花网品茶微信n since the beginning of this year, aiming to increase domestic

production to reduce the growing gap between supply and demand for the product in recent years, he said.

With the implementation of the plan, it is expected soybean crops in China will increase t

o 9.3 million hectares by the end of next year, and the production of soybeans per hectare will also increase.

With increasing domestic demand for protein and edible oil, demand for soybeans has been increasing in China in rece

nt years. Soybeans are a major agricultural product import, with most soybeans consumed in China imported.

Key study session focuses on staying true to original aspiration, better serving the people

Xi Jinping, general secretary of the Communist Party of China Central Committee, has underlined the need for the whole Party to stay true to it

whcoding.cn

Summer tea set for a爱上海同城对对碰ngarltonFinan

he Ritz-Carlton B爱上海同城对对碰eijing, Financial Street is introducing a Chinese court-style afternoon tea set from June 16 to Sept 15.

Joining forces with The Palace Gift, the jewelry brand authorized by the Palace Museum Cultural Products and Services, the hot

el has injected elements of the most illustrious cultural treasures in the Forbidden City into the themed aft

ernoon tea, offering a delightful experience for those who love Chinese culture.

Presented on silver trays decked with patterns of auspicious clo

uds, the afternoon tea set features four customized desserts, all paired harm

oniously with The Palace Gift jewelry, making it a sophisticated afternoon affair in Chinese royal style.

Highlights of the tea set include a caramel cappuccino cream mousse cake with

a cuddly butterfly at the top and a picture of a lady in the imperial palace on the chocolate tile.

www.ypqsr.cn

Yiwu joins Hangzh上海夜网品茶微信d Chinese city to

be part of the in上海夜网品茶微信itiative that also has global counterpart hubs in Malaysia, Belgium and Rwanda. The mechani

sm was included in the communique of the G20 Summit in Hangzhou. Rwanda joined eWTP on Oct 31.

Rwanda President Paul Kagame touted the platform in opening new frontiers in e-comm

erce, tourism and boosting the capacity and competitiveness of the country’s entrepreneurs and business people.

Selling directly to a much larger set of customers while bypassing co

stly intermediarieThe People’s Bank of China recently issued a set of gold and silve

r commemorative coins themed on the Ancient City of Pingyao, a UNESCO World Heritage Site — the first time it has com

memorated the city since the People’s Republic of China was founded in 1949. s will “improve productivity and pro

fitability”, Kagame said. “There are really no downsides to doing business on a global scale.”

www.koryoung.com.cn