mitable spirit of the Chinese people and their attachment to the homeland. The audienc
e will also feel the profound historical friendship between the Chinese and Kazakh people,” s
ays Wang Zhi, deputy secretary-general of the festival’s organizing committee.
Jonathan Shen, the producer of The Composer, reveals that the crew spent five months shooting scenes in China, Russ
ia and Kazakhstan, and how the team used many special effects to re-create the wartime sequences.
Saturday, the festival’s opening day, marks the 80th anniversary of the debut performance of Yellow River
Cantata in Yan’an, the headquarters of the Red Army after the Long March which lasted from 1934 to 1936.
“We hope the film will comfort the soul of Xian,” says Shen, who is also the founder and CEO of Beijing-based Shinework Pictures.
Shen says he hopes The Composer, which was jointly financed by Kazakhst
an, will become a commercial success and encourage more foreign studios to produ
ce films with China. The film is scheduled to go on general release in China and Kazakhstan in May.
-border online shopping in China grew by 20.6 percent year-on-year to 7.6 trillion yuan ($1.1 trillion) in sales in 2017.
The nation is encouraging cross-border e-commerce transactions by easing the annual cap
on cross-border online purchases and adding categories of imports to the duty-free list, according to the Ministry of Finance.
Starting from this year, the annual duty-free quota for cross-borde
r e-commerce purchases for individual buyers will be lifted to 26,000 yuan from the current 20,000 yuan.
“The livestreaming form, as a new operation model for online marketplaces, could settle
the problem of information asymmetry,” said Chen Tao, an analyst with internet consultancy Analysys in Beijing.
Both Alibaba Group Holding Ltd’s Taobao and its rival J
D, two of China’s biggest online shopping sites, have launched their own livestreaming platforms.
Shop owners hire livestreamers with large fan bases to help promote their products, and meanwhile, a link to the purchasing page hovers on the streaming screen.
Monica Zhang, who lives in France with her husband, opened an online store on Taobao. She became a livestreamer last year.
short delay to Brexit is possible, but will be conditional on the House of Commons passing the Withdrawal Agreement.
“The question remains open as to the duration of such an extension,” Tusk, the President of the European Council, said.
Tusk said he spoke to Theresa May on the phone earlier this afternoon.
“May’s proposal of the 30 June, which has its merits, creates a series of questions of a leg
al and political nature,” he added. “Leaders will discuss this tomorrow.”1 hr agoDona
ld Tusk speaking nowThe President of the European Council, Donald Tusk, is giving a press conference in Brussels.
1 hr 9 min ago
MPs surprised by “downright reckless” strategy, Starmer says
dow Brexit Secretary Keir Starmer has opened the emergency debate into the Brexit delay by quoting Ther
esa May’s de facto deputy David Lidington, who said last week that if May’s divorce deal was not passed by parl
iament, seeking “a short and, critically, one-off extension would be downright reckless.”
Starmer says those statements led MPs to believe that May would reques
t a long extension if she hadn’t passed her plan — but May has asked for a delay only until June 30.
He adds that the confusion is symptomatic of May’s Brexit strategy to date — to “put parliament as far away as possible from the process.”
percent of the national GDP at the end of 2018, a little higher than the
36.2 percent for 2017, but still much lower than the globally accepted warning level of 60 percent.
Given that the ratio is more than 200 percent for Japan and aro
und 100 percent for other major economies such as the United States and France, it is hard to un
derstand why China, with a much higher economic growth rate, is so often identified as cause for concern.
Some might point to China’s growth-obsessed local governments, which have long been criticized for their opaque ways
of raising funds to invest in massive infrastructure projects, often using financing institutions known as “local gove
rnment financing vehicles”. Much of the so-called hidden debts have been raised through such vehicles.
Yet thanks to deleveraging, the curbing of irregularities and the st
andardizing of government financing, among other measures that have been taken to rein in the hi
dden debts and prevent systemic debt risks, China’s local government debts are under control.