Zhao added that the new consumption trend of this

year’s holiday is also an epitome of the overall consumption trend in the country this year.

“The growth has been driven by the surge in disposable incomes and the middle-income population,” she added.

Guideline calls for 80 percent of related shipping to use cleaner means by 2025

China plans to achieve ultralow emissions at most steel plants by 2025, with 80 percent of raw m

aterials and final products shipped by cleaner methods including railways, ships and pipelines, rather than trucks.

Experts believe the ambitious goal, if reached, will contribute signi

ficantly to reducing bad air in the country, as the steel industry currently pollutes more than any other.

The holiday period also triggered demand for travel-related pro

ducts. Suning reported that sales of sunblock products and sunscreen clothes grew 74 perc

ent and 107 percent year-on-year. Travel packages rose by 128 percent during the period.

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Ultralow emissions will be realized at all steel manufa

cturers in key regions, and in 80 percent of the sector nationwide by the end of 2025, under a guideline pub

lished by the Ministry of Ecology and Environment on Sunday. The guideline was drafted by the ministry and four other central gove

rnment bodies, including the National Development and Reform Commission, the country’s economic planner.

The guideline sets different limits for various procedures in steel produ

ction. The hourly density of particulate matter in emissions should be below 10 mill

igrams per cubic meter in all procedures. As for sulfur dioxide and nitric oxide discharges, the limit can dif

fer. The hourly concentration of sulfur dioxide, for example, should be below 35 mg/cu m in emissions generated by core pr

ocesses, such as pellet roasting, but the standard is relaxed to 50 mg/cu m for other processes.

At least 80 percent of raw materials and products should be transported v

ia railway, ship and pipeline rather than road transportation, the guideline said.

China is the largest steel-maker in the world. The country produced 928 million metri

c tons of crude steel in 2018, representing 51.3 percent of the world’s output, the ministry said.

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The group also made up for over one-third of the tot

tal tourism consumption during the holidays in Fliggy, the online tourism platform of e-commerce giant Alibaba Gr

oup. Purchase of tourism products on Fliggy by people born after 2000 rose 500 percent on an annualized basis, it said.

Online hotel orders from younger parents, with children un

der the age of three, soared by 77 percent from a year ago during the four-day vacation.

“The younger generation, especially those born after 1990 and 1995, are m

ore used to ‘fingertip’ consumption and are fast becoming disrupters in the e-com

merce sector,” said Yang Qin, a business analyst from market consultancy CBNData.

According to a report from CBNData, people born in the 1990s and 1995s surpassed those bor

n in the 1980s to become the biggest spenders in the vertical industry of e-commerce consumption.

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Baidu came under fire in 2016 when Wei Zexi, a 21-year

old student from Xidian University in Shaanxi province, died from a rare cancer of the soft tissue. Wei was re

searching the disease on Baidu and came across an advertisement for treatments that proved ineffective.

After Wei’s death, Baidu announced a sweeping restructuring and optimization of its medical business, especially regardi

ng its paid listing practices. It also tightened regulations on medical promotion and enforced clear labeling rul

es that differentiate advertisements from credible medical information, according to media reports.

However, medical advertising remains one of the key sources of income for Baidu, and some are still trying to exploit the s

ystem. In April, the police in Shenzhen, Guangdong province, detained a team of medical fraudsters who drove up r

ankings on Baidu’s research results to promote faulty hospitals to patients, local authorities said.

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The amount of new loans more than doubled from 1.08 tr

The M2, a broad measure of money supply that covers cash in circulation and all deposits, ro

se 8.4 percent year-on-year to 186.59 trillion yuan at the end of January, according to the PBOC.

The M2 growth was 0.3 percentage points up from the level at the end of December.

The narrow measure of the money supply (M1), which covers cash in circulation plus demand

deposits, rose 0.4 percent year-on-year to 54.56 trillion yuan by the end of last month.

New yuan loans made to households reached 989.8 billion yuan last month, while t

hose to non-financial enterprises and government institutions totaled 2.58 trillion yuan.

Newly-added social financing, a measurement of funds that individuals and non-fina

ncial firms get from the financial system, stood at 4.64 trillion yuan in January, up 1.56 trillion yuan year-on-year.

China will keep its prudent monetary policy “neither too tight nor too

loose” while maintaining market liquidity at a reasonably ample level in 2019, ac

cording to the annual Central Economic Work Conference held in December last year.

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Organizations and individuals involved in the abnorma

will be publicized on the CNIPA website and China Intellectual Property News, a Beijing-base

d newspaper, and face other punishments administered by related authorities, according to the draft.

They will also be blacklisted and exposed via a national credibility information sharing system.

Trademarks achieved by this means will be declared void, the draft says.

“The long-awaited regulations draft came as no surprise,” Li said. “Such regulations are necessary, especially amid continuous growth in IP filings in China.”

The number of trademark applications from the country has topped the world for ye

ars, according to statistics from the World Intellectual Property Organization.

Data from the CNIPA show that the inventory of valid domestic trademarks had surpassed 18 million by the end of 2018.

China has improved in IP filings and protection by leaps and bounds, yet insufficien

t enforcement has come under fire and the discordance between quantity and quality has yet to be tackled, Li said.

Growing awareness of the issues and the reconfiguration of IP administrative organs contributed to the rollout of the draft, he added.

“The draft does not merely address the chronic problem of abnormal applica

tions but provides an approach to balancing the quantity and quality, ” he noted. “It is just a start.”

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ert pressure on Beijing. Without the restraints of the treaty, the

  If the treaty is abolished, security risks will be reassessed and major powers will redefin

e what “security” is. Overall international relations will be implicated. Such a scenario is unfav

orable to an end to the nuclear crisis on the Korean Peninsula and runs the risk of a rise in conflicts in other regions.

  As far as China is concerned, the US intends to make the INF treaty a multilateral agreement, which may become an

excuse for Washington to exert pressure on Beijing. Without the restraints of the treaty,

the US may intensify its deployment of offensive miss

iles and anti-missile systems around China, further increasing China’s strategic security challenges.

  Beijing will never accept the treaty becoming a multilateral agreement. It mu

st reject any request from the US on the issue. Instead of relying too much on land-bas

ed missiles for national security, China must diversify its strategic nuclear deterrence. It’s an urgent task.

Local governments at provincial levels can lift tax relief by 30 percent at most according to local conditions.

The tax deduction mainly covers value-added tax, urban maintenance and construction

tax, educational surcharge and individual income tax and will be effective from Jan. 1, 2019 to Dec. 31, 2021.

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hat do you think the Belt and Road Initiative has brought

 The Belt and Road Initiative has promoted prosperity, peace and security not only in China but throughout the regions. I invited some scientists and university pr

ofessors in Iran to study the initiative. Their report will increase Iranians’ understanding of it through the media.

Many projects are currently being carried out in Iran under the initiative, including energy, infrastr

ucture and railway projects. Iranian people, the government and the Supreme Leader are willing to strengthen

relations with China and support cooperation between the two countries in various fields. All the projects

that China plans to carry out in Iran will be welcomed by us. One of my priorities is to promote these projects.

The second Belt and Road Forum for international C

ooperation will be held this year. Will Iran send an official delegation to the event?

We will not refuse any invitation from China. Iran attends most of the forums and meetings held in China. The Belt and Ro

ad Forum is an important event which will be attended by high-level Iranian officials.

With China’s rise in the last few years, it has become more involved in Middle East affairs includin

g making mediation efforts. China also played a role in the Iran nuclear deal talks. How do you e

valuate China’s efforts in Middle East affairs? What role do you think China can play in the region?

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Apple will consider repricing cut some overseas marke

Today, apple released the first quarter of fiscal 2019 earnings.Subsequently, the apple CEO cook attende

d the conference call, and finally admitted that the apple high price hinder users to upgrade.And in

response to an analyst, cook, also announced the news of the price of apples will be cut in some overseas markets.

Cook said, compared with the previous year, apple’s pricing s

trategy in the United States, the difference is not big, bu

t because of the currency issue, the iPhone price difference be amplified in other countries.

Cook said apple has focused on the problem, and began to reflect on.Every c

ountry will be in accordance with the local currency situation up a price for the iPh

one.This means that after apple in overseas markets, especially China usher in a new wave of price cuts.

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What happened to the cooperation between Apple?

What happened to the cooperation between Apple and Samsung? What made the former “enemies” shake hands and make peace?

What’s the specific reason? According to CNBC, on January 7, Apple and Samsung announced their cooperation before the start of CES in Las

Vegas. Soon, Samsung smart TV users will be able to access iTunes movies and TV content.

Airplay 2 will also support iPhone and iPad users to send content from their phones to televisions.

It’s the first time Apple’s iTunes has been built into third-party devices.

Eddy Cue, Senior Vice President of Apple’s Internet Software and Services, announced the

partnership: “We look forward to getting more users around the world to adopt it.

Samsung smart TV experience iTunes and AirPlay 2, and iPhone, iPad and Mac users have another

way to enjoy playing their favorite content on the big screen at home. As we all know, Apple and Samsung fought in court for many years.

There are also many patent wars between the two sides. From hurting each other to working together, what is Apple’s intention? Industry

insiders believe that with the decline in sales of Apple’s devices such as the iPhone, Apple can only turn to software services, diluting the hardware priority strategy.

It can be predicted that Apple will not launch smart TV and other hardware devices in the past two

years, but focus on the development of services, including video streaming services. So working with Samsung is good for Apple.

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