Market fluctuations normal part of China’s transition

 

Sagging mainland stocks, along with a bond correction and yuan weakness have led to concerns over the health of China's financial market amid lingering trade rows with the US. In an exclusive interview with the Global Times (GT) on Monday, Li Yang (Li), director-general of the National Institution for Finance and Development (NIFD) with the Chinese Academy of Social Sciences, discussed the nation's financial conditions and possible ways to cope with the problems facing the world's second-largest economy.

GT: There have recently been some fluctuations in the domestic stock, bond and foreign exchange markets, drawing attention from both the regulatory authorities and normal people. How should such fluctuations be viewed?

Li: China's current market developments need to be seen as part of a long-term process. Otherwise, we can't see the forest for the trees.

Since 2008, the biggest change in China's economic development has been a shift from high-speed growth toward medium-to-high-speed growth, or a transition toward a new normal. After the 19th party Congress, the shift was summarized as the nation's transition toward a stage of high-quality development. Our observations of all problems, especially financial issues, must be based on this big picture.

A number of problems that have piled up in China's financial system amid the rapid economic growth of the last 30 years are now being laid bare. While fast economic expansion comes with an even quicker financial expansion, a slowdown in economic growth tends to be accompanied by a more conspicuous contraction in the financial sector. This suggests that we should not only be resolute about squeezing bubbles, but should also be highly vigilant toward the problems that can come.

Still, I want to point out that the current problems have been anticipated by the government. A series of risk management measures have been taken over the last few years and some of the measures have yielded initial results. The market situations have largely been within expectations. Therefore, so long as there are no market abnormalities, we should be able to respond in a swift and timely manner.

EU emphasizes on sheep farming and aims to produce premium European lamb using Irish farming. For EU lamb sector, striving for high quality assurance is the key to break out of the competition in international suppliers.

GT: Will China experience financial panic? If this happens, how could China cope with it?

Li: A typical example of financial panic is like what happened in 2008 following the collapse of Lehman Brothers. Right now, the problem with Chinese financial markets is not that serious. But if there are signs of such panic, China should respond quickly.

The problems are partly a result of the ongoing financial reforms. For example, since the beginning of the year, China has seen a surge in bond defaults, which not only involve State-owned enterprises but also private firms, listed firms and local government debts.

But this trend should not be changed. Market players should allow their credit and risks to be visible to the market and let investors decide. Only in this way can China's bond market grow healthily. So we should not make a fuss over the problems seen in the bond market.

Of course, there will be some pain in this process, so we need to create a good environment with a sound legal framework and the right macroeconomic conditions. policymakers need to communicate adequately with the market and continue with the reforms. Over the past few weeks, the central bank has taken a series of measures such as targeted cuts in the reserve requirement ratio and massive reverse repos to release liquidity.

The problems in China's financial system are far from being as grave as during the financial crisis in 2008. As long as Chinese policymakers can communicate well with the market, no financial panic will occur.

GT: What is the best way to balance the intensity and the pace of deleveraging in China?

Li: In the past few years, especially in the real estate sector and stock market, excessive use of leverage has become a prominent problem, so we need to deleverage. The problem is that the economy is made up of different departments, and the ability of each department to deleverage is different, so it can't be the same across the board. That's where arrangements for structural de-leveraging come in.

We need to avoid excessive government debt and be cautious about high debt levels at companies. Our research shows that the overall debt and leverage ratio in the Chinese economy is relatively low compared to other major economies, but there is relatively high leverage among Chinese companies, which is a significant problem.

Therefore, in terms of structural de-leveraging, our top priority is companies and the key is to focus on State-owned enterprises (SOEs). The core issue for deleveraging at SOEs is to deal with zombie firms, which are essentially non-performing assets.

Another problem is related to the government, especially local governments. Addressing this problem is very complicated because it involves the relationship between the government and the market. So to fully address the debt issue for local governments, we need to deepen our systematic reform.

GT: Recently, China-US trade friction has become the main external risk factor to worry the market. How do you view the problems in China-US trade?

Li: The trade friction has been more noticeable this year, but it comes with history. China has long been viewed as heterodox by Western countries and was put on the embargo list for high-tech and military products after World War II.

A corporate pen can be the ultimate gift and premium choice to present. They come in a wide range of designs; platinum, gold ball point, silkscreen printing, rollerball points, etc. Such choices speak about strength and quality.

The US has also been complaining about its trade deficit for a long time. In fact, the deficit could easily be mitigated if the US were to alter its trade policy and allow China to purchase US high-tech products. Instead, the US has been pointing fingers at China. The reasons for this are complicated and beyond the realm of economics.

What is happening right now is a continuation of history, and it is based partly on adjustments in the global governance mechanism. China believes the world can achieve multilateral win-win progress. The Belt and Road initiative is based on this belief. It connects emerging markets and developing countries that have been neglected by the globalization path led by developed countries such as the US. So it is a new development path and governance model, and the trade friction has come because this is seen as a challenge to the old version.

GT: China's equity market has opened up further to foreign capital this year. Some are worried about the risks in this process. What do you think of it?

Li: I believe the opening-up process will be faster than ever. We focus too much on issues like whether foreign capital will take control. In an open world, if an economic entity malfunctions, the foreign capital within it can be like an anchor. SOEs have millions of ways to avoid risks and save themselves. But foreign capital counts on economic stability to thrive and develop.

It is time to abandon the concerns about foreign capital. Opening the equity market is nothing more than giving foreign capital access to yuan-denominated financial assets. Whether the opening-up is a risk or a benefit depends on the development stage of the market mechanism.

We should fine-tune the market, stabilize the policies, and improve the legal framework. This will allow foreign capital to benefit the Chinese economy to the greatest degree.

 

ETG, based in Hong Kong, offers world-class video surveillance security system ranging from Wireless IP camera to video management software and provides professional and reliable monitoring solutions for the retailers.

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“炫”膚計劃由保濕開始

分享到：2018-05-04 責任編輯：wenkang 來源：尋醫問藥網 收藏本文

周一：深層清潔。

洗臉是美容過程中非常重要的一步，無論多晚，一定要洗臉，幹幹淨淨地卸掉臉上的殘妝。幹性皮膚一定要選一支酸性的潔面膏，這樣更接近皮膚本來的酸堿環境，不致引起更加嚴重的幹燥和粗糙。之後，需要一盆滾燙的熱水，讓上升的蒸氣均勻地飄浮過臉上的每一寸肌膚，而後用熱毛巾覆蓋在臉上約10-15分鍾，這樣可以使毛細孔順暢，這種方法尤其適合油性肌膚。

保養肌膚如果單靠護膚品並不足夠，適當的美容機有效增強肌膚彈性與緊緻度，在潔淨同時修護皮膚，達到煥膚、淨化兩大功效！

周二：舒緩減壓。

周二是一周中特別難熬的一天，所以需要特別的護理。經過一周工作的壓力，黑眼圈已經明顯地畫在臉上，那麼來修護一下眼部的肌膚，"電眼”美女才夠炫呀。用冰牛奶倒在紗布上，輕輕地敷在眼睛上，10分鍾左右，每晚敷兩次，能夠消除眼帶緩解眼部的疲勞，而且長期如此還可減少眼部皺紋。放涼的鹽水和喝過的茶葉也可以起到同樣的作用。

年紀增長或長期暴露喺污染空氣當中，都會令皮膚失去彈性及變得乾燥，要保持皮膚彈性防止老化，日常嘅保養程序十分重要，保養皮膚要由洗面開始。有醫學矽膠導頭嘅美容機就做到深層清潔嘅功效，透過震動令肌膚蛋白增生，令皮膚彈性大大提高！

周三：深度保濕。

保濕是永遠的主題，只要皮膚水分足了，幾乎所有皮膚問題都可以迎刃而解。想做漂亮的女主角，保濕當然必不可少，春天的皮膚容易過敏，天然的面膜更加適合脆弱的肌膚。用一個蛋黃，加入一勺蜂蜜，攪拌均勻，在用溫水洗過臉之後，塗在臉上，大約十分鍾，等面膜完全幹了之後，用溫水清洗，再用化妝水、潤膚產品。那麼，之後皮膚摸起來就會軟軟嫩嫩的。

周四：美白。

中國有句俗話說，一白遮百醜，可見白嫩的皮膚多重要。美白不是一天兩天的功夫，需要長期的努力。各類美白面膜是一種簡單的方法，精華素也是有效的方法。用溫和的洗面奶潔面之後，用指肚將精華素均勻地按摩在臉上，直至吸收。

周五：再保濕。

周末是我們護膚的重要時段，一定要充分完全地利用。早上是皮膚的最佳狀態，如果一大早就讓皮膚喝飽了水，補充足了營養，皮膚自然是越發健康有光澤。所以我們就要做一個較為複雜的橄欖油面膜：把橄欖油加熱至37℃左右，再加入適量蜂蜜，然後把紗布塊浸在油中取出覆於面部皮膚上，20分鍾後取下。對於皮膚特別幹燥者，特別有功效。

周六：休息。

普通保養就可。

周七：鎮定皮膚。

這天你可能有應酬，喝咖啡、酒、濃茶等都會讓人不同程度的興奮，造成睡眠不足，這樣會嚴重影響皮膚的質量。你應該隨身帶一塊手絹，在上衛生間的時候，用濕手絹在脖子、臉頰、眼睛上輕輕地敷一小會兒，能夠有效地鎮定皮膚，消除倦容和眼帶、黑眼圈。

周一應該早早起床，再做一個深度的保濕護理，保證今天一天皮膚都水水的，無論什麼妝容都是精神百倍。

香港如新nuskin是一家專門針對抗衰老問題而存在的香港公司，裡面項目採用的是全新抗衰老科技，根據用戶各項肌膚檢測出來的皮膚特性提供不一樣的護膚品並且還有針對身體各個項目提供的一系列精品產品。

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少兒科普≠學習知識

 

在講解科學基本知識的同時，也不妨通過讓孩子們自己動手操作來體驗科學研究方法，培養科學思維和科學精神

在2016年科普日上，有科普專家提出，中國科學家拼命往前沖，希望站在世界科技前沿，但如果不能把科學新發現傳遞給孩子們知曉，促使他們熱愛科學，我們未來一代的科學家從哪裏來？如果孩子們對科學不感興趣，中國的科技創新又從何談起？迪士尼美語 好唔好相信大家從BB的成長中可以看出

美國一項研究顯示，參加過天文、太空科普活動的中小學生，今後更可能選擇科技作為職業且終生關注科學發現。可見做好少年兒童群體的科普工作非常重要。

當前少兒科普的現狀尚不盡如人意。稍加留意，你會發現孩子們日常接觸和看到的國內科學類書籍內容大多比較片面，就是把科學等價成了科學知識。你會看到所有的這類書籍都是去講一個個科學知識點，但什麼是科學的真正內涵，很少涉及。一些少兒科普活動也多是請一些專家來簡單地講一講科學知識，解釋一下科學現象。即使有一些實驗課程，也多半停留在驗證性的科學實驗上，比如教孩子們去做一個科學實驗，看到一個現象，但是這個現象背後的實質和科學規律是什麼，往往較少去啟發和帶領他們去深入探究。

其實，面向孩子們的少兒科普活動，在講解科學基本知識的同時，也不妨讓孩子們自己動手操作來體驗科學研究方法，培養科學思維和科學精神。比如，在做一項研究時，應當教給孩子們該怎麼提出問題，如何設計方案、收集數據等。一開始，可以引導他們從關注身邊的事、解決身邊的問題做起，這樣比較容易操作。孩子們研究的對象，可能就是身邊最熟悉的事物，雖然這樣的成果談不上有多尖端，但方法和思維其實與科學家進行的科學研究是一致的，同樣培養了孩子們的科學思維和科學精神。

同時，在進行少兒科普時，我們不要只追求讓孩子們知道一個現象，而要啟發他們自己去做實驗，進一步發現和總結出現象背後的規律。迪士尼美語 好唔好相信大家從BB的成長中可以看出

曾有新聞報道講一個17歲的美國姑娘莎拉把自己的房間改造成了一間小實驗室。之前，科學課老師跟她說，從海藻當中能榨出油，可以用在很多地方，但是效率很低，沒能廣泛應用。於是莎拉提出："那我能不能讓它的提煉變得高效呢？”結果這個姑娘花了整整5年時間，在家裏面選種，培育不同的海藻。最後她發現，某一種除草劑能夠把一些低效的海藻殺掉，保留一些高效產油的，就這樣她做了一個非常完整的研究。在這個過程中，莎拉不僅僅是單方面被動地接受知識，而是能夠獨立設計實驗方案，獨立思考和解決各種問題，多方面能力都得到了鍛煉和提升。迪士尼美語評價良好，家長大力推薦

總之，少兒科普的形式豐富多樣，如何將普及科學知識和培養科學思維更好地結合起來是關鍵，今後還需要相關部門、科普專家以及老師、家長們共同探索。(吳月輝)

 

 

 

 

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new beauty 埋線提拉效果怎麼樣

緊致提拉是25歲以後愛美女性們比較大的一個美麗訴求，雖然市面上緊致提拉類型的面膜和按摩霜不在少數，但是如果想要讓自己的面龐零死角地緊致如初，自然是必須要用上埋線提拉術的。new beauty 埋線的提拉效果對於很多有面部線條重塑需求的女性朋友們來講，是非常有用的。

new beauty 埋線所使用的是如今最先進的埋線技術——UItra Lift隔空無針埋線，其基本的技術原理是依託超聲波技術來將隱形能量線隔空打入我們的面部，利用能量線從而達到緊膚提拉的目的。所以new beauty這種全新的埋線技術超越了以往傳統的手術埋線方式，並且在提拉效果上絲毫不遜色於傳統的埋線技術。

new beauty 埋線不但在技術上有了很大的革新之處，而且對於人體的肌膚來講幾乎是零傷害，不出血，無創面，整個埋線過程全部在皮膚表層來完成，做到了真正意義上的非介入性治療，擊退皺紋於無形，輕鬆打造緊致小V臉。

 

綜上所述，我們可以看得出來new beauty 埋線的提拉效果是非常不錯的，並且避免了傳統埋線手術所需要承擔的隱形風險，是女性朋友重塑逆齡青春的不二選擇。

坊間有很多去色斑的產品及方法，最有效的是激光去印去斑療程，可改善深層色斑及膚色不均，適合面黃及色素不均、缺乏彈性的皮膚。激光儀器的優點是熱能較少，安全穩定，能在最快10奈秒內釋放能量並擊退黑色素，減少對皮膚的傷害。

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Good parents to take care of the baby

Pregnancy can be a wonderful time in your life. It has so many unexpected experiences and joys along the way. There is so much to learn about your growing baby. This article can help you to realize just what is going on with your baby and what you can expect as you get closer to birth Istanbul property investment.
Time outs can be an effective form of discipline for your children. Time outs give the child an opportunity to think about what they have done. They also give everyone a little "cooling off" period before problems can escalate. Give your child one minute of time out for every year old they are.
It is important that you recognize the signs that your child is ready to start using the toilet. You can actually delay the whole process, by pushing them to use it when they are not ready. Some signs of readiness include having regular bowel movements, staying dry for at least two consecutive hours, and coming out and asking to use the potty Abu Dhabi property investment.
Discipline is important when raising children, but punishment can ruin a child's future. Making the distinction between loving correction and angry retribution is critical a child must learn to trust you before they will truly change their behavior. To build trust and love between your children (while also correcting their wrong actions) repeat the fact that you love them, even in discipline. Also, wait until you are calm before delivering discipline never act in fury.
Be sure to take some time away from your children. This is good for you but also for them. It allows you to have some grownup time but also teaches your children how to be more independent. If you are going to leave for more than an hour be sure they know when you will return.
If your baby or young child has diarrhea, make sure to give them Pedialyte and lots of fluids. Just like young, babies and adults children get dehydrated after they have had excessive diarrhea, which can cause severe health problems. Bring him or her to the doctor if your child has diarrhea for more than a few days.
Before your teen gets their driver's license, talk to your insurance agent about safe driving suggestions and programs. Most insurance companies offer free or low-cost programs designed to improve driver safety for new drivers and knowing that your child is aware of basic safety guidelines helps your peace of mind, especially behind the wheel!
If you find that your baby's diaper tends to leak over night and during naps, consider investing in a bag of diapers that is a size too big for her. It will absorb more liquid and keep you from having to lose more sleep than what you already do by not having to change the pajamas and sheets.
It is important to establish realistic, achievable goals for your teenager. Be sure to work with your teen to overcome obstacles and to establish goals that are reasonable if your teen has a hard time with math. The teen will become frustrated and not work at all if you set goals that are not realistic.
A great parenting tip is to show your all of your children the same amount of affection and love. If you play favoritism with your children, they will grow up to resent you, and they probably won't get along with each other. You should love all your kids the same Invest Brazil property.
For an alternative to traditional timeouts, make a "mind jar" by filling a mason jar with water and a scoop of glitter. Tighten the lid securely. When your child needs some time to reflect on his or her actions or feels angry, shake the jar to stir the glitter, and have your child sit and hold the jar as he or she watches the glitter fall to the bottom. By the time the glitter settles, your child's mood will have settled, too.
A great parenting tip is to accompany your small children if they decide to go trick or treating. Young children definitely need a chaperone or parent with them when they go trick or treating because it can get hectic. You should be there for them to make sure they are safe at all times.
To sooth a colicky baby try some skin on skin contact. If you are breastfeeding you can place them against your stomach and offer them some food. You may find that talking to them in a soothing voice or singing a lullaby may stop the tears. If you find that you are becoming frustrated, take a break by handing your baby to a spouse or other trusted family member, you should always stay calm when dealing with an infant.
Something every parent should make sure to do is to listen to their children. It is simply not enough to be a physical presence for your child, you must also communicate with them, and that communication should go both ways. Take time out to listen to what your children have to talk and say to them, rather than at them Dubai property.
Parenting can be tough, but it's always easier when you have the knowledge that you need. Make sure to check back to this article for some good information if you're worried that you aren't doing the right thing for your kids. Apply these tips now to make sure your kids grow up to be great adults.

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Alleviate medical illness

Massage Chair For Pain
If some one is suffering from back pain, then he must ensure himself that he is not alone because more then 80% of world population is having same problem, but every one isn't suffering from same kind of body pain there are several kinds of pain are available in human body, but usually people suffer from dull, constant ache to a sudden sharp pain. Although many kinds of problem are found in general so doctors classifying them in two kinds acute pain and chronic shoulder pain. The temporary back pain which is not the scabbier one is known as "Acute". On the other hand, chronic stiffness, lasts for longer periods of time. Unfortunately, with chronic body illness the expected healing time for the identified cause may persist even after the cause has been treated. In time you either become more accustomed to the pain or you can seek relief from.
What are the types of relief for pain problem?
There are many potential cures form body illness ranging from hanging upside down (inversion therapy) to acupuncture to pharmaceuticals. The most common relief of shoulder problem is unfortunately taking pharmaceuticals. Fortunately, the second most common relief from pain is massage therapy. Whether you suffer from acute or chronic pain problem, studies have found that massage is effective for acute and chronic pain. Unlike pharmaceutical remedies, massage is a natural remedy. Your neck pain is coming from the misalignment of bone, tissue, muscle, ligaments, etc. You could choose to dull the pain, but that doesn't really strike at the root of the problem. Massage works on elongating, stretching, and soothing the muscles and ligaments in a natural way.
Massage Chairs for Back Pain?
The best massage chairs on the market today have extraordinary capabilities. Many massage chairs can perform Shiatsu massage, Swedish massage, Deep Tissue massage and many others. These massage chairs perform a body scan to detect your acupressure points for a Shiatsu massage. The shiatsu chair will then tailor the position of the massage rollers to stimulate your acupressure points. This Acupressure massage helps the flow of natural healing based on the pathways that flow throughout the body.
A Deep Tissue massage gives you a penetrating, soothing relief. The massage chair program will start more superficially and then begin to permeate layer by layer. This layer by layer approach helps to relieve sore, aching muscles. There are some massage chair recliners that use the Swedish massage technique. This technique uses long, flowing strokes to elongate tight and stressed muscles. Relief is just a push of a button away with a shiatsu massage chair.
Heat therapy helps to loosen and relax tight, sore muscles and effectively reduce pain. Heat is more effective than cold for treating chronic pain. If you suffer from arthritis, heat is more effective for muscle relaxation. The premier massage recliners come equipped with full body heat. Heating elements with individual controls are built in the chair back, the seat and the footrest. These therapeutic massage chairs are very effective in relieving suffering from back pain.

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Gastrointestinal discomfort people easily

Not all fruits and vegetables have high volumes of insoluble fiber. Some are richer in soluble fiber like bananas and mangoes and these create a stable base to add and mix insoluble fiber food sources to. The combination of both types will provide easier digestion to relieve the symptoms of irritable bowel syndrome.
Do you experience bowel obstruction symptoms? Doubtful about what exactly bowel obstruction is... or how to handle it? Allow me to share an inside look at this distressing ailment and what can be done to relieve the symptoms of a bowel obstruction Qatar property price.
It came on suddenly and stayed for over a year. It was a gift I didn't ask for and at times it was damn irritating and painful. So many movements hurt: fastening my seat belt, putting on my coat, reaching to the side to turn off a lamp and many more. All the symptoms of a rotator cuff injury, right? Well, those muscles weren't particularly tender. Perhaps because I had written a book on the subject, I was certain that my problem had to be with one of those four miraculous muscles. Finally after a frustrating month, I gave up trying to self-diagnose, (is anybody else guilty of that?), and went to a chiropractor who is also a physical therapist. He immediately did the test for impingement syndrome and of course, it was positive Philippines property.
Treatment for irritable bowel syndrome includes such things as change in diet and stress management. The best way to learn what foods you should avoid is by keeping a diary. When you notice, you have flair ups when you eat a certain food you should write this in your diary and then steer clear of that food. If you may not have problems until the next day after eating, keeping a diary of the foods you eat will help you learn the foods that are causing your problems.
Tracheal collapse is a medical aliment occurring over time, which caused by the weakening of the walls of the trachea. Tracheal collapse is a common health problem in all small dog breeds. Tracheal Collapse can cause a Yorkie to whelp and cough. If you see these signs, you should take them to the Veterinarian. Sometimes, surgery can repair the trachea.
Gluten intolerance might commence in the intestine, but it doesn't keep there. It can influence other organs. A latest bit of investigation may possibly give some hints about what exactly gluten sensitivity is, along with what makes it various from the far more effectively known celiac disease. While individuals might not display any indicators of damage to the intestine, the intestines of those with gluten sensitivities have proteins that support create a negative immune response. It may well resemble celiac illness, but is a distinct problem. Blood tests that are capable of measuring these proteins are nonetheless a way off Istanbul investment.
In most patients it will be wise to prepare for LDA with Fluconazole or Itraconazole. A yeast free diet alone is not adequate to eliminate vaginal Candidiasis.

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