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Liquor firm Kweichow Moutai’s shares break through

Kweichow Moutai Co Ltd, China’s iconic high-end spirit maker, saw its share price exceed 1,000上海会所

上海会所yuan ($145) per share during Thursday trading, making a historical breakthrough and becoming the

most expensive stock in the A-share market, aided by continuously growing demand and its good earnings.上海会所

上海会所Most investors are not surprised by the robust performance of Moutai. Earlier this year, many investment firms, incl

上海会所uding Goldman Sachs and China International Capital Corp Ltd, were bullish on the growth potential of the stock.

They set the target price of Moutai at more than 1,000 yuan per share, attri

buting it to China’s sustained supply-side reforms and consumption upgrade, which have boosted investor sentiment toward such consumer stocks.

上海会所Moutai, a distiller from Maotai town in southwestern China’s Guizhou province, has made substantial gains this year. On Jan 1, it

closed at 598.98 yuan per share. On Thursday, it closed at 996.35 yuan per share, and its share price has surged 66 per上海会所

cent so far this year. Its performance has been better than 90 percent of the A-share listed companies.上海会所品茶微信

Now, its market value stands at 1.24 trillion yuan. Previously, it became the first consumer st

ock with a market value exceeding 1 trillion yuan. Last year, the overall GDP of Guizhou province reached 1.4上海会所

上海会所品茶微信8 trillion yuan, meaning the market value of Moutai accounts for nearly 85 percent of provincial GDP.

Moutai became the first stock that exceeded 1,000 yuan per share after 27 years. More than tw

o decades ago, there was a stock-now named INESA Holding Group-which once exceeded 1,000 yuan pe

r share. The company has experienced multiple structural 上海会所品茶微信changes and now its market value is less than 10 billion yuan.

Other major上海会所 liquor makers are reporting solid sales and also saw outsta

nding performance during Thursday trading. They include Sichuan province-based W

uliangye Yibin Co Ltd and LuzhouLaojiao Group, which led the advance of the spirits and consumer sector.

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Ye Ning, vice-presi上海后花园品茶微信s Media Grou

oup, says an e上海后花园品茶微信xcellent film should resonate with the audience, evoke emotions and create a new world in the viewer’s mind.

he “Shandong Day” event kicked off on June 20 at the ongoing International Horticultural Exhibition in

Beijing, showcasing the picturesque landscapes and abundant cultural resources of East China’s Shandong province.

The three-day event, themed under “Building dreams in the new era, displaying a b

eautiful and new Shandong,” is designed to present the province’s natural environment, tra

ditional culture, arts, and horticultural achievements through a series of activities.

The Shandong Garden, which covers an area of 3,000 square meters, is designed using elements of the maj

estic Mount Tai, traditional Shandong culture, and classical Chinese gardens, all presenting the unique style of Shandong province.

Traditional handicrafts such as Shandong embroidery, Yantai paper-cuts, and egg carvings are also displayed in the garden.

The Beijing horticultural expo, themed “Live Green, Live Better

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Zhang was sentenced to death at first instance and apologized

In a fight 22 years ago, Zhang Duan’s mother in Hanzhong, Shaanxi Province, was injured and killed by the Wang family.

Wang Zhengjun, the third son of the Wang family, was sentenced to seven years’imprisonment for

intentional injury to death. The total compensation for Zhangjia was 9639.3 yuan. On the day before the Lunar New Year in 2018, suspect Zhang Jianku killed three of Wang’s father and son in public, which resulted in the t

ragedy of revenge on New Year’s Eve. On the afternoon of January 8, 2019, the Shaanxi Han Intermediate Court sentenced Zhang to

During the trial, Zhang claimed that he never gave up the idea of revenge for his mother, but he was “

a little impulsive” when committing the crime. At the vestibular meeting, the defender had made a num

ber of appeals, which were rejected. These include the defender’s request for psychiatric appraisal of Zhang Deduction.

According to prosecution charges, on August 27, 1996, Zhang’s mother, Wang Xiuping, was injured and killed by Wang Zhengjun, then 17, in

a neighborhood dispute. On 5 December 1996, Wang Zhengjun was sentenced to seven years’imprisonment.

On the eve of the Spring Festival in 2018, Zhang Bunku, 35, discovered that Wang Zhengjun was at home for the Spring Festival. He bought hats, masks and other tools in order to get revenge. On February 15, 2018 (Ne

w Year’s Eve), Zhang Bunku saw Wang Zhengjun and his brother Wang Xuejun and his relatives

go up to the mountains to worship their ancestors. He put on his hat and mask to camo

uflage. He carried a single-edged knife, toy gun and other people to follow Wang Zhengjun. When walking to the village road, Z、

ang Bunku first stabbed Wang Zhengjun with a single-edged knife. When Wang Xuejun and others ran out of the scene in panic, Zh

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It’s important we have both of the visions. One is the visi

on to look into the future amid urban life, and the other is to look back

on rural history – it’s our past,” he says, adding that this contradiction – resisting urban

ization while at the same time embracing progress – has driven the emergence of modern thought and di

scourse, which has become the internal motivation for change in art, literature and philosophy.

Ethnic Tibetan writer A Lai, famous for his novel Settling Dust, which was also published und

er the title Red Poppies, says many of the writers today still depict rural life as they imagine it, rather than ob

serving and reflecting on it by honestly facing the challenges posed by globalization.

“We should be aware that many of the problems facing Chinese farmers and villagers today are universal,” he says.

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for Modi, apart from his first priority of stressing the advan

s of working together to tackle impending oil crisis, he may also seek Xi’s endorsement for his anti-terrorism po

licy, which was Modi’s winning narrative during Indian’s recently held 17th general elections.

he World Bank maintained its prediction for Chinese economic growth at 6.2 percent in 2019, despite increasing global unce

rtainties, because the world’s second-largest economy has remained resilient, an updated report said on Friday.

“In an external environment that has become less

favorable due to slowing global growth and risin

g trade tensions, China’s economy will need to rely increasingly on domestic demand to susta

in rapid growth,” according to the May’s edition of the World Bank’s China Economic Update.

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The NDRC said in the recent media interview that Chin

na will adhere to the principle of fair and free trade in its management of rare-earth ex

ports, but “the Chinese people will be unhappy” if the country’s exported rare-earth metals are used against China.

Since the start of the China-US trade friction more than a year ago, Washington has taken many measures, includin

g taking advantage of its edge in high-end chip making, to stymie Chinese high-tech firms, the NDRC said.

The NDRC added that in its latest move to dampen China’s industrial development, the US governme

nt has used an executive order to effectively ban products of Chinese tech giant Huawei from being use

d in the US, which has been widely seen as unreasonable and unfair. Having been increasingly used in high-tech ind

ustries, rare-earth metals are critical in making products from advanced weaponry to chips and hybrid cars.

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The US administration’s “America first” policy, repres

ented by its unilateral and protectionist moves, has harmed both countries’ economic interests an

d proved to be a drag on the global economy, as the recent turmoil in the international capital market shows.

Simulation tests of large general equilibrium models show that

both countries’ economic indicators would suffer due to the US tariff hike on $200 billio

n of Chinese goods two weeks ago. For example, China’s GDP could decline by 0.657 percent, manufacturing jobs by 1.02

8 percent, exports by 3.359 percent, and imports by 1.384 percent, while the decrease in the US’ GDP would be 0.004 per

cent, manufacturing jobs 0.652 percent, exports 1.876 percent, and imports 3.883 percent. And global GDP, ma

nufacturing jobs and trade could reduce by 0.123 percent, 0.28 percent and 0.79 percent.

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Gas leak in cargo ship kills 8 in East Chinavided no

Eight people died after carbon dioxide leaked in a cargo ship at Longyan Port in East China’s Shandong province Saturday afternoon.

Local authorities of the city of Rongcheng said the accident hap

pened around 4 pm in a Fujian-registered ship. The cause is under investigation.

talian soccer wizard Marcello Lippi has returned as head coach of China’s national soccer team. But wi

ll the magic come with him? Will he bring what’s needed to take Team China into the 2022 World Cup? The challenge is daunting.

The Chinese Football Association’s announcement on Friday provided no details of Li

ppi’s contract. But according to Beijing Youth Daily, his new deal will be similar to his first contract, when he w

as reportedly paid an annual salary of 20 million euros ($22 million). It said he will start in June.

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protections made noticeable progress in China last yea

 because of multiple measures, including improved legislation, intensified law enforcement and more international coopera

tion, according to the Report on the Latest Development in IPR Protection and Business Environment in China.

Law enforcement authorities in China handled 215,000 cases involvin

g counterfeit products last year, including 77,000 cases involving patent infr

ingement, said Gan Lin, vice-minister of the State Administration for Market Regulation.

Courts across China concluded nearly 320,000 IPR cases of various type

s last year, an increase of 41.6 percent over the prev

ious year. More than 5,600 criminal suspects involved in IPR infringement were arrested last year, Jin said.

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The area previously had about 1,000 monitoring stations.

China is the only country that lists forecasting earthquakes as a government responsibility.

Considering our limited knowledge about earthquakes, the forecasting work has to be based on observatio

n. However, the weak signals from underground are often disrupted by electromagnetic interference, he said.

He said that in cooperation with the government of Shenzhen, Guangdong province, his admini

stration has established a research institute to accelerate the development of new app

aratuses for underground detection that could reduce interference from human activity.

“We will also explore carrying out observational experiments in wel

ls from hundred of meters to 1,000 meters deep, and through scientific drilling that will penetr

ate active earthquake faults to gain more information about underground structures,” he said.

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