Chinese e-commerce platform JD released its financial results for the second quarter ende
d June 30 on Tuesday, announcing both its income and profit hit a record high for the same period.上海乌托邦女神会所
“JD delivered robust growth in the second quarter across our key metrics of revenue, profitabili
上海乌托邦ty, cash flow and customer base,” Sidney Huang Xuande, chief financial officer of JD, said during a conference call.
The Nasdaq–listed company’s net revenue for the Q2 reached 150.3 billion yuan ($21.9 billion), increasing by 22.9 pe
cent from the same period last year, which created a new quarterly record, according to the company’s financial report.上海乌托邦女神会所
It achieved a net service revenue of 16.8 billion yuan in Q2, a rise of 42 percent from the same period last year.
上海乌托邦The company’s ordinary shareholders enjoyed a net income of 618.8 million yuan i
n Q2, while they suffered a net loss of 2,212.5 million yuan for the same period last year.
It reported 14 consecutive profitable quarters as the non-GAAP net income attributable to ordinary shareholders climbed上海乌托邦女神会所
to 3,558.9 million yuan in Q2, a 644 percent jump from 478.1 million yuan in Q2 of last year.
上海乌托邦Its operating cash flow for the 12 months ended June 30 gr
ew to 31.8 billion yuan from 16.4 billion yuan for the 12 months ended June 30, 2018.
In addition, the company’s annual active customer accounts increased to 321.3 million in the 12 months ended June 30.上海乌托邦女神会所
Many of JD’s businesses have begun to meet the break-even or even profit in the past few years, Rich
ard Liu Qiangdong, chairman and CEO of JD, said during a conference call, highlighting JD Logistics began to br
eak even after suffering a loss of 2.8 billion yuan last year, according to report by Paper.cn.
of the leisure economy and industry, along with Zhoushan and Zhuhai cities.
Longtime hot tourism destinations such as Beijing, Shanghai, Guilin an上海乌托邦
d Dalian remain people’s top choices for spending leisure time, according to the report.
ech companies such as Huawei, Alibaba and Tencent released their campus recr上海乌托邦女神会所
uitment plans for 2020’s new graduates, according to a report by 21st Century Business Herald.
Shenzhen-headquartered Tencent, which recruited 3,100 new graduates last
year, plans to hire a total of 3,000 to 3,500 new graduates this year and allocate them in上海乌托邦
to five categories of posts, including technical, product, design, market, and functional.
上海乌托邦女神会所Technical post accounts for 65 percent of all offers, the highest among all categories.
These jobs are based in cities, including Shenzhen, Beijing, Shanghai, Guangzhou, Wuhan and Chengdu.
Huawei offers 87 job positions in domestic and foreign cities, such as S
henzhen, Dongguan, Beijing, Shanghai, Hangzhou, Paris and Moscow, for new gradua上海乌托邦女神会所
es in 2020, of which 53 are based in the city of Shenzhen where the company is headquartered.
上海乌托邦The company lately announced it will offer a maximum annual salary of 2 million yuan for some top graduates of 2019.
An email from Huawei’s executive office showed the company is committed to us
ing top challenges and salaries to attract top talents, according to the report.上海乌托邦女神会所
According to incomplete statistics, Huawei recruited more than 4,600 new college stude
nts last year from 23 top-ranking universities, including Tsinghua University, Peking University, Zhejiang Uni上海乌托邦
versity, Xi’an Jiaotong University, Xidian University and Southeast University, the report said.
Hangzhou-headquartered Alibaba released 52 job positions in six categories上海乌托邦女神会所
including technical, design, product, operation, game and others, for its campus recruitment.
growing market in the Greater Bay Area requires an airport cluster to meet the incre
asing demands on traveling, business, leisure amenities and so on,” said Che 上海乌托邦品茶微信
ung-kwok Law, director of Aviation Policy and Research Center of the Chinese University of Hong Kong.
上海乌托邦A collective economic powerhouse in the making, the Greater Bay Area currently has a population of 70 million and a co
mbined GDP of 1.6 trillion U.S. dollars. Under the Outline Development Plan, five main airport
s and a batch of feeder airports in the Greater Bay Area constitute the airport cluster. 上海乌托邦品茶微信
Last year, Hong Kong International Airport and its counterpa
rt in Guangzhou, Shenzhen, Zhuhai and the Macao SAR handled more than 200 milli
上海乌托邦on passengers and over 8.3 million tonnes of cargo and air mail. In the next few years, the passenger growth rate in the G
reater Bay Area is expected to reach 7 percent, twice as many as that of the global average rate, Law forecast.
According to statistics, the Hong Kong International Airport connects to more than 220 destina 上海乌托邦品茶微信
ions by over 120 airlines. Known as the third busiest airport in terms of passenger, cargo and airc
上海乌托邦品茶微信raft movements in the Chinese mainland, Guangzhou Baiyun International Airport serves more than 75 a
irlines flying to around 210 destinations worldwide. Shenzhen International Airport, Macao Inter
national Airport and Zhuhai Airport are also developing rapidly for expansion and routes exploration. 上海乌托邦
Apart from the rich market as a key factor, the Greater Bay Area also see other adv
上海乌托邦品茶微信antages, diversified routes covering China and the world, completed infrastructure, well-run airlines such as C
hina Southern Airlines and Hong Kong’s flagship carrier Cathay Pacific, superior
services in the Greater Bay Area are all ready to serve a fast-growing appetite for aviation development, said Law. 上海乌托邦
Different development, positive interaction
To develop a world-class airport cluster, airports are require 上海乌托邦品茶微信
d to pursue differential development and positive interaction in the Greater Bay Area.
Have you ever been bitten by the nostalgia bug and tried to look up your favorite childhood
TV dramas and watch them? Often it’s the case that you soon find the fuzzy images and the awkward co上海乌托邦
lor so unbearable that you drop the show after watching it for no more than three minutes.
上海乌托邦女神会所However, recently a special film viewing marathon was held by Youku, a video streaming site owned by Alibaba, at a cinema in B
eijing. The event featured nonstop episodes of a digitally-restored version of the 2006 hit TV dra
a Soldiers Sortie, and attracted a large crowd of diehard fans, many born after 1995.上海乌托邦
Although the intensive viewing was quite a test of physical strength, much to everyone’s s
urprise, the greatly-enhanced definition of the restored version stood the test of the big screen.
上海乌托邦女神会所With the advent of the Ultra HD era characterized by enhanced set-top boxes, ever-evolving virtual reality technologies, and
display devices nearly all with an aspect ratio of 16:9 – when many of the original classical TV and film pro
ductions made with the 4:3 aspect ratio – they now look like “running mosaics” on today’s much wider screens.上海乌托邦
To top it all, due to multiple transfers of the original video file over the ye
上海乌托邦女神会所ars, the edges of picture have become serrated. Plus, stored for decades, negatives of tho
se classic shows have all been subject to severe color shift that calls for correction.
he good news is that digital restoration of classical TV dramas spearhea上海乌托邦
ded by China’s top video streaming websites, like Youku and iQiyi, is now in full swing.
Protecting and restoring old films has always been under way, but previously the job was mainly funded by the gove
rnment. By the end of 2011, as much as 265 million yuan ($38.6 million) had been appropriated for digital restoration wo上海乌托邦女神会所
rk, giving a new shine to a total of 4,810 old films, said Luo Jianhui from Chi
na Netcasting Services Association at the 7th China Internet Audio-visual Conference held in May.
Known as the Chicago of China and located alongside the Yangtze River, Wuhan, capital
of Central China’s Hubei province, has been a business hub throughout the nation’s modern history. 上海乌托邦女神会所
In recent years, the city’s Hankoubei area has represented the “Wuhan model”, showing th
上海乌托邦e world how China’s inland regions have found innovative ways to develop their economies.
Since the start of the Age of Exploration in the early 15th century, global
trade has been focused on oceans, and the coastal regions in eastern China have emerged rap 上海乌托邦女神会所
idly over the past century. However, the vast inland regions of China were left behind because of their geographic di
上海乌托邦sadvantages, and lack of transportation and communications channels and platforms.
This situation has been changing in recent years, as the nation is shifting its attention t
o its inland regions, to open them up and integrate them into the world economy. 上海乌托邦女神会所
With the proposal of the Belt and Road Initiative, China’s international trade is entering an “inland age”.
Hankoubei’s Wuhan model shows how inland regions can open up 上海乌托邦
The local government of Wuhan is making efforts to build the Hankoubei area into the nation’s biggest domestic trade center.
上海乌托邦女神会所The area is located between the largest railway station in Asia, the largest airport in Central China and the largest deep-water port in Central China.
In September 2016, the Hankoubei International Commodity Trade Center was listed as a national pilot market for fore
ign trade by on-the-scene purchasing, the only such market in Central and western China. 上海乌托邦女神会所
During the first Wuhan International Commodity Fair of Friendship City, taking place from Nov 14
-16, more than 100 overseas mayors, officials and entrepreneurs visited Hankoubei, where hun 上海乌托邦
dreds of kinds of goods from more than 20 countries and regions around the world were exhibited. More than 100 i
nternational buyers were attracted to the event, and about 40 agreements were reached.
上海乌托邦女神会所Since its opening-up in 2009, the area has aimed to become a commodity distribution center
for not only Chinese inland regions but the outside world. The Hankoubei wholesale market has gener
ated an annual trade volume of more than 150 billion yuan ($22.9 billion) over the last three years.
With the summer vacation fast approaching, a number of coming-of-age dramas are fl
ooding to TV channels and streaming sites in a bid to grab youngsters’ attention.上海乌托邦品茶微信
So far, the biggest hits include Unrequited Love, a 24-episode series about an ordinary girl who has a secret crush on a top student.
上海乌托邦Adapted from the namesake best-selling novel written by Liu Wanhui, perhaps better known by her pseu
donym, Bayue Chang’an, Unrequited Love has garnered a score of 8.6 points out of 10 on the streaming site Tencent Video.
Put Your Head on My Shoulder is another example that reflects the rising popularity of youth-oriented romance dramas.上海乌托邦品茶微信
Adapted from a best-selling novel written by Zhao Qianqian, the heartwarming story chronicles the chaos caused when a bumbl
上海乌托邦ing young graduate confused about her future and a genius physics student end up accidentally living together.
The drama has recently obtained an 8 points out of 10 score on Douban, making it the highest-ranked in its genre on the site.
series Blowing in the Wind about a university mountaineering club has just been released on livestreaming site Youku.
Thai actor Chanon Santinatornkul, 23, who is known for the 2017 Thai film Bad Genius, leads the cast of the TV series.上海乌托邦品茶微信
Santinatornkul showed up at a fan meeting in Beijing on July 2
, sharing his stories of filmingBlowing in the Wind, together with director Li Bingqiang.
Li says that the young actors are all trained to climb mountains before shooting.上海乌托邦品茶微信
“And even though the temperature was nearly 40 C when we f
ilmed, all the actors worked very hard to overcome the hot weather,” says Li.
a national television station in Thailand, is broadcasting Romance of the Three Kingdoms, a 1994 hit historical drama, on i
ts 2HD channel in prime time. The 84-episode show, which started on Monday, will run on weekdays this summer.
The rerun is part of the celebrations on the Thailand side to mark
the 44th anniversary of the establishment of China-Thailand diplomatic ties.
The 1994 show, dubbed into Thai by MVTV 25 years ago, was a runaway success in the country and many chara
cters in the show, like Liu Bei, Cao Cao and Zhuge Liang, have become household names in Thailand.
consider the timing and degree of rate cuts after trade friction uncertainties are eased after the G20 summit, which ended last week.
Internally, US economic data that will be released in the middle of this month may cement the Fed’s determination to cut rates.上海乌托邦
Since 2011, whenever the actual US GDP growth rate exceeded the endogenous growth rate
by more than 1.5 percent, the actual figure underperformed the theoretical figure in th上海乌托邦
e next quarter. That’s because a significant departure from endogenous growth can hardly sustain.
上海乌托邦女神会所In the first quarter of this year, the actual growth rate outpaced the theoretical rate by 2.09 percent, the highest level since the fourth quarter
of 2011. If the historical pattern still works, this strong economic data could mean a sharp plunge in the second quarter.
上海乌托邦As the Fed said it will closely monitor the implications of incoming information for the economic outlo
ok, disappointing economic data to be released later this month may become the last straw for the Fed t
o act. Therefore, a clear rate cut sign and path may emerge at the FOMC meeting at the end of this month after the Fed digests the data.
Secondly, the market may have forecast the timing of rate cuts earlier than the Fed’s actual plan. The rate cut window is expected to open as late as in the fourth quarter.上海乌托邦女神会所
Before the latest FOMC meeting, traders saw a more than 70-percent chance that the first rate cut will take p
lace this month, as well as a 96-percent chance that at least one rate cut will take place by the end of September.
However, this estimation may excessively go ahead of the Fed’s actual moves. We expect that the上海乌托邦女神会所
rate cut window will open in the fourth quarter, with the first cut likely to come in December or January.
Looking back in history, the average time the Fed took to switch their rate policy – or the time interval between las上海乌托邦女神会所
t rate hike and first rate cut and vice versa – has been 11.7 months since 2000, even excluding the post-2008 prolonged low-rat
e period. Based on this pattern, the rate cut is unlikely to come this month but more likely to come after September.
Besides the historical pattern that probably continues, two new factors will also delay the timing of the first rate cut.
On the one hand, the current US policy rate is the lowest among those in all the periods when the
Fed planned to start a round of rate cuts, indicating the limited room for rate cut. This makes it nec
essary to use the limited rate cut capacity at an appropriate timing, which may occur later than the market expects as
the US growth pressure will not peak this year but in 2020, according to IMF estimates.
vancing Life Education Group, a provider of after-school上海乌托邦女神会所 tutoring services, said AI is also teaching children basic English
in regions where foreign teachers are scarce and local teachers may not have the best pronunciation.
Use of new technologies in online education is breaking boundaries for the nation’s students
Yang Ming, a 33-year-old immobile and partially sighted man from Ch
engde, Hebei province, never imagined he could become his family’s “financial adviser”.
However, in late April, he noticed trouble brewing in the financial statem
ents of a company whose stock was owned by his relatives, so he advised selling the shares.
Although they were reluctant at first, his relatives sold the shares at a
slight loss, but kept most of their 4,000 yuan ($578) investment intact.
A short time later, the company’s stock went into free fall when the Shanghai Stock Exchange plunged as a result of ri
sing uncertainty over trade negotiations between China and the United States.