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    黄百鸣电影全集国语

    发布时间:2019-08-19 14:12:26 来源:fryee性欧美18 19

      黄百鸣电影全集国语Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.  GlobaleffortaimstofinddiseasevectorsthatcanjumpfromanimalstohumansChinawillhelpleadaprojecttoidentifyunknownvirusesfromwildlifetobetterpreparehumansformajorepidemics-ifnotglobalpandemics.Theprojectistobelaunchedthisyear,accordingtooneofthecountry'stophealthofficials.TheGlobalViromeProjectwillstartinChinaandThailandwithfieldworktocollectsamplesfromwildanimalsandanalyzethevirusesdetected,saidGaoFu,headoftheChineseCenterforDiseaseControlandPrevention."Scientistswillcollectvirussamplesfromanimalssuchasbatsandratsforstudyusingtechniqueslikenextgeneration(DNA)sequencingtofindwhethernewvirusesexist,"hesaid.Theproject,estimatedtocostupto$1.2billion,isexpectedtotake10yearsandinvolvesmanycountriesincludingtheUnitedStates,BrazilandNigeria.Throughmoreintensiveandextensivestudyofvirusesfromanimalsthatcouldinfecthumans,itmaybepossibletodealwithvirusesusingpreemptivecontrolsandpreventioninsteadofpassive,reactivemeasures,Gaosaid."Weallknowtherearealmostcertainlynewvirusesthatcouldcausethenextglobalpandemic,butbasedontheexistingearlywarningcapacityfordiseases,wedonotknow,forexample,whichviruswillcauseanepidemic,"Gaosaid."Wearesurethatnewvirusstrainswillappearinthefuturealongwithchangesinourecology,environmentandhumanbehaviors."Forinstance,humans'abuseofantibioticshasleadtothepotentialdevelopmentofsuperbugs."Therearemanyviruseslivinginwildanimals,sowecanidentifyvirusesandthoroughlystudythosethatcouldpasstohumans,"Gaosaid."Ideallywecandevelopvaccinesandadiagnosisforsuchvirusesevenbeforetheycausehumanepidemics."Itisknownthat263virusescaninfecthumans,butscientistsestimatetheremaybemorethanhalfamillionvirusesthatliveinbirdsandmammalsandthatareunknowntohumansthatmaybecapableofinfectinghumans,andtheyaretheprimarysubjectoftheproject'sresearch,Gaosaid.Evenifalargenumberofsuchunknownvirusesareidentified,itispossiblethatjustasmallfractionofthemhavetheabilitytocausemajorepidemicsthatcausehumandeaths,hesaid.However,consideringthehugecostofamajorepidemiclikeSARStohumanhealthandeconomies,thefindingsoftheprojectstillhavethepotentialtogreatlyreducelossesthroughimprovedearlydiagnosisandidentificationofhostsvulnerabletoanewvirusafteranoutbreak,accordingtoGao.AsimilarprojectcarriedoutbytheUSAgencyforInternationalDevelopmentprovedthefeasibilityoftheGlobalViromeProjectandprovideshelpfulexperience,hesaid.TheUSAIDproject,knownasPredictandlaunchedin2009,withChinaaparticipant,ledtofindingsofmorethan1,000virusespreviouslyunknowntohumans.Theprojectcostwasover$170million,hesaid.SomeofthetechnologiesusedforthatprojecthaveprovedreliableandeconomicallyaffordableandcanbeusedfortheGlobalViromeProject,Gaosaid.  

      Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.  Iran'sForeignMinistryonMondayrejectedtheU.S.SecretaryofStateMikePompeo'sthreateningremarksas"absurdandinterventionist."Inastatement,theForeignMinistrySpokesmanBahramQasemisaidthattheUnitedStatesseekstodistracttheglobalattentionfromits"illegalmoves"concerningIran'snucleardealbythreateningandinsultingtheIraniannation.DespitetheUnitedStates,Iranhasbeenboundtoitsinternationalobligations,thestatementsaid.TheexistingproblemsinIraq,Syria,Yemen,PalestineandAfghanistanaretheresultsoftheU.S.policiesintheregion,therefore,"theAmericansarenotentitledtoinfluenceIran'spoliciesinitsownregion.""Overthepastfourdecades,theIslamicrepublichasresistedtheU.S.anditsallies'plotsandhasturnedoutvictorious,"hesaid,addingthatlikewise,theIslamicrepublicwillaborttheU.S.hostilepoliciesinthefutureaswell.IranpreservestherighttolegallysuetheUnitedStatesoveritsillegalmeasuresandthreats,hestressed.PompeosaidonMondayherethatIranwillsufferthetoughestsanctionsinhistoryfromtheUnitedStatesifitdoesnotchangethecurrentcourse.PompeourgedTehrantoreporttotheInternationalAtomicEnergyAgencyaboutitsnuclearprogram,endproliferationofitsmissiles,andstopsupporting"terroristgroups"intheMiddleEast.  

      Beijinghasunveiledathree-yearactionplantofurtherreformandexpandthecity'sserviceindustry,themunicipalcommercebureausaidThursday.Theplancameupwith190specificmeasurestoopenwiderineightfieldsintheservicesector,includingscienceandtechnology,internetinformation,finance,education,culturaltourism,healthcareandprofessionalservices.Newmeasureswillbetakenintheprofessionalservicefieldtostrengtheninternationalcooperationofprofessionalserviceorganizationssuchaslawfirms.Byeasingrestrictionsandallowingwidermarketaccessforoverseasinvestors,Beijinghasseenagrowingnumberofnewforeignbusinessessettled,includingToyotaFinancialServicesandBMW'snewsubsidiaryfordigitalsolutions,saidYanLigang,headofthebureau.Thecity'sactualuseofforeigncapitalwas8.59billionU.S.dollarsinthefirsthalfof2019,with755foreign-fundedenterprisessetup.Theaddedvalueoftheserviceindustrymadeup82.8percentofthecity'sGDP.Iran'sForeignMinistryonMondayrejectedtheU.S.SecretaryofStateMikePompeo'sthreateningremarksas"absurdandinterventionist."Inastatement,theForeignMinistrySpokesmanBahramQasemisaidthattheUnitedStatesseekstodistracttheglobalattentionfromits"illegalmoves"concerningIran'snucleardealbythreateningandinsultingtheIraniannation.DespitetheUnitedStates,Iranhasbeenboundtoitsinternationalobligations,thestatementsaid.TheexistingproblemsinIraq,Syria,Yemen,PalestineandAfghanistanaretheresultsoftheU.S.policiesintheregion,therefore,"theAmericansarenotentitledtoinfluenceIran'spoliciesinitsownregion.""Overthepastfourdecades,theIslamicrepublichasresistedtheU.S.anditsallies'plotsandhasturnedoutvictorious,"hesaid,addingthatlikewise,theIslamicrepublicwillaborttheU.S.hostilepoliciesinthefutureaswell.IranpreservestherighttolegallysuetheUnitedStatesoveritsillegalmeasuresandthreats,hestressed.PompeosaidonMondayherethatIranwillsufferthetoughestsanctionsinhistoryfromtheUnitedStatesifitdoesnotchangethecurrentcourse.PompeourgedTehrantoreporttotheInternationalAtomicEnergyAgencyaboutitsnuclearprogram,endproliferationofitsmissiles,andstopsupporting"terroristgroups"intheMiddleEast.  

      (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.Iran'sForeignMinistryonMondayrejectedtheU.S.SecretaryofStateMikePompeo'sthreateningremarksas"absurdandinterventionist."Inastatement,theForeignMinistrySpokesmanBahramQasemisaidthattheUnitedStatesseekstodistracttheglobalattentionfromits"illegalmoves"concerningIran'snucleardealbythreateningandinsultingtheIraniannation.DespitetheUnitedStates,Iranhasbeenboundtoitsinternationalobligations,thestatementsaid.TheexistingproblemsinIraq,Syria,Yemen,PalestineandAfghanistanaretheresultsoftheU.S.policiesintheregion,therefore,"theAmericansarenotentitledtoinfluenceIran'spoliciesinitsownregion.""Overthepastfourdecades,theIslamicrepublichasresistedtheU.S.anditsallies'plotsandhasturnedoutvictorious,"hesaid,addingthatlikewise,theIslamicrepublicwillaborttheU.S.hostilepoliciesinthefutureaswell.IranpreservestherighttolegallysuetheUnitedStatesoveritsillegalmeasuresandthreats,hestressed.PompeosaidonMondayherethatIranwillsufferthetoughestsanctionsinhistoryfromtheUnitedStatesifitdoesnotchangethecurrentcourse.PompeourgedTehrantoreporttotheInternationalAtomicEnergyAgencyaboutitsnuclearprogram,endproliferationofitsmissiles,andstopsupporting"terroristgroups"intheMiddleEast.  

      Beijinghasunveiledathree-yearactionplantofurtherreformandexpandthecity'sserviceindustry,themunicipalcommercebureausaidThursday.Theplancameupwith190specificmeasurestoopenwiderineightfieldsintheservicesector,includingscienceandtechnology,internetinformation,finance,education,culturaltourism,healthcareandprofessionalservices.Newmeasureswillbetakenintheprofessionalservicefieldtostrengtheninternationalcooperationofprofessionalserviceorganizationssuchaslawfirms.Byeasingrestrictionsandallowingwidermarketaccessforoverseasinvestors,Beijinghasseenagrowingnumberofnewforeignbusinessessettled,includingToyotaFinancialServicesandBMW'snewsubsidiaryfordigitalsolutions,saidYanLigang,headofthebureau.Thecity'sactualuseofforeigncapitalwas8.59billionU.S.dollarsinthefirsthalfof2019,with755foreign-fundedenterprisessetup.Theaddedvalueoftheserviceindustrymadeup82.8percentofthecity'sGDP.今天北风劲吹,公众出行请避开高大树木、广告牌等物体,注意安全。

      (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.(Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.

      (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.  今晨,天气转晴,大风蓝色预警信号仍在生效中。

      (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.  

      今晨,北京天空碧蓝,白云相伴。Beijinghasunveiledathree-yearactionplantofurtherreformandexpandthecity'sserviceindustry,themunicipalcommercebureausaidThursday.Theplancameupwith190specificmeasurestoopenwiderineightfieldsintheservicesector,includingscienceandtechnology,internetinformation,finance,education,culturaltourism,healthcareandprofessionalservices.Newmeasureswillbetakenintheprofessionalservicefieldtostrengtheninternationalcooperationofprofessionalserviceorganizationssuchaslawfirms.Byeasingrestrictionsandallowingwidermarketaccessforoverseasinvestors,Beijinghasseenagrowingnumberofnewforeignbusinessessettled,includingToyotaFinancialServicesandBMW'snewsubsidiaryfordigitalsolutions,saidYanLigang,headofthebureau.Thecity'sactualuseofforeigncapitalwas8.59billionU.S.dollarsinthefirsthalfof2019,with755foreign-fundedenterprisessetup.Theaddedvalueoftheserviceindustrymadeup82.8percentofthecity'sGDP.

      (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.  

      (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.Beijinghasunveiledathree-yearactionplantofurtherreformandexpandthecity'sserviceindustry,themunicipalcommercebureausaidThursday.Theplancameupwith190specificmeasurestoopenwiderineightfieldsintheservicesector,includingscienceandtechnology,internetinformation,finance,education,culturaltourism,healthcareandprofessionalservices.Newmeasureswillbetakenintheprofessionalservicefieldtostrengtheninternationalcooperationofprofessionalserviceorganizationssuchaslawfirms.Byeasingrestrictionsandallowingwidermarketaccessforoverseasinvestors,Beijinghasseenagrowingnumberofnewforeignbusinessessettled,includingToyotaFinancialServicesandBMW'snewsubsidiaryfordigitalsolutions,saidYanLigang,headofthebureau.Thecity'sactualuseofforeigncapitalwas8.59billionU.S.dollarsinthefirsthalfof2019,with755foreign-fundedenterprisessetup.Theaddedvalueoftheserviceindustrymadeup82.8percentofthecity'sGDP.

      (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.Iran'sForeignMinistryonMondayrejectedtheU.S.SecretaryofStateMikePompeo'sthreateningremarksas"absurdandinterventionist."Inastatement,theForeignMinistrySpokesmanBahramQasemisaidthattheUnitedStatesseekstodistracttheglobalattentionfromits"illegalmoves"concerningIran'snucleardealbythreateningandinsultingtheIraniannation.DespitetheUnitedStates,Iranhasbeenboundtoitsinternationalobligations,thestatementsaid.TheexistingproblemsinIraq,Syria,Yemen,PalestineandAfghanistanaretheresultsoftheU.S.policiesintheregion,therefore,"theAmericansarenotentitledtoinfluenceIran'spoliciesinitsownregion.""Overthepastfourdecades,theIslamicrepublichasresistedtheU.S.anditsallies'plotsandhasturnedoutvictorious,"hesaid,addingthatlikewise,theIslamicrepublicwillaborttheU.S.hostilepoliciesinthefutureaswell.IranpreservestherighttolegallysuetheUnitedStatesoveritsillegalmeasuresandthreats,hestressed.PompeosaidonMondayherethatIranwillsufferthetoughestsanctionsinhistoryfromtheUnitedStatesifitdoesnotchangethecurrentcourse.PompeourgedTehrantoreporttotheInternationalAtomicEnergyAgencyaboutitsnuclearprogram,endproliferationofitsmissiles,andstopsupporting"terroristgroups"intheMiddleEast.  

      Beijinghasunveiledathree-yearactionplantofurtherreformandexpandthecity'sserviceindustry,themunicipalcommercebureausaidThursday.Theplancameupwith190specificmeasurestoopenwiderineightfieldsintheservicesector,includingscienceandtechnology,internetinformation,finance,education,culturaltourism,healthcareandprofessionalservices.Newmeasureswillbetakenintheprofessionalservicefieldtostrengtheninternationalcooperationofprofessionalserviceorganizationssuchaslawfirms.Byeasingrestrictionsandallowingwidermarketaccessforoverseasinvestors,Beijinghasseenagrowingnumberofnewforeignbusinessessettled,includingToyotaFinancialServicesandBMW'snewsubsidiaryfordigitalsolutions,saidYanLigang,headofthebureau.Thecity'sactualuseofforeigncapitalwas8.59billionU.S.dollarsinthefirsthalfof2019,with755foreign-fundedenterprisessetup.Theaddedvalueoftheserviceindustrymadeup82.8percentofthecity'sGDP.Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.  

      Iran'sForeignMinistryonMondayrejectedtheU.S.SecretaryofStateMikePompeo'sthreateningremarksas"absurdandinterventionist."Inastatement,theForeignMinistrySpokesmanBahramQasemisaidthattheUnitedStatesseekstodistracttheglobalattentionfromits"illegalmoves"concerningIran'snucleardealbythreateningandinsultingtheIraniannation.DespitetheUnitedStates,Iranhasbeenboundtoitsinternationalobligations,thestatementsaid.TheexistingproblemsinIraq,Syria,Yemen,PalestineandAfghanistanaretheresultsoftheU.S.policiesintheregion,therefore,"theAmericansarenotentitledtoinfluenceIran'spoliciesinitsownregion.""Overthepastfourdecades,theIslamicrepublichasresistedtheU.S.anditsallies'plotsandhasturnedoutvictorious,"hesaid,addingthatlikewise,theIslamicrepublicwillaborttheU.S.hostilepoliciesinthefutureaswell.IranpreservestherighttolegallysuetheUnitedStatesoveritsillegalmeasuresandthreats,hestressed.PompeosaidonMondayherethatIranwillsufferthetoughestsanctionsinhistoryfromtheUnitedStatesifitdoesnotchangethecurrentcourse.PompeourgedTehrantoreporttotheInternationalAtomicEnergyAgencyaboutitsnuclearprogram,endproliferationofitsmissiles,andstopsupporting"terroristgroups"intheMiddleEast.  今晨,北京天空碧蓝,白云相伴。

      Beijinghasunveiledathree-yearactionplantofurtherreformandexpandthecity'sserviceindustry,themunicipalcommercebureausaidThursday.Theplancameupwith190specificmeasurestoopenwiderineightfieldsintheservicesector,includingscienceandtechnology,internetinformation,finance,education,culturaltourism,healthcareandprofessionalservices.Newmeasureswillbetakenintheprofessionalservicefieldtostrengtheninternationalcooperationofprofessionalserviceorganizationssuchaslawfirms.Byeasingrestrictionsandallowingwidermarketaccessforoverseasinvestors,Beijinghasseenagrowingnumberofnewforeignbusinessessettled,includingToyotaFinancialServicesandBMW'snewsubsidiaryfordigitalsolutions,saidYanLigang,headofthebureau.Thecity'sactualuseofforeigncapitalwas8.59billionU.S.dollarsinthefirsthalfof2019,with755foreign-fundedenterprisessetup.Theaddedvalueoftheserviceindustrymadeup82.8percentofthecity'sGDP.Beijinghasunveiledathree-yearactionplantofurtherreformandexpandthecity'sserviceindustry,themunicipalcommercebureausaidThursday.Theplancameupwith190specificmeasurestoopenwiderineightfieldsintheservicesector,includingscienceandtechnology,internetinformation,finance,education,culturaltourism,healthcareandprofessionalservices.Newmeasureswillbetakenintheprofessionalservicefieldtostrengtheninternationalcooperationofprofessionalserviceorganizationssuchaslawfirms.Byeasingrestrictionsandallowingwidermarketaccessforoverseasinvestors,Beijinghasseenagrowingnumberofnewforeignbusinessessettled,includingToyotaFinancialServicesandBMW'snewsubsidiaryfordigitalsolutions,saidYanLigang,headofthebureau.Thecity'sactualuseofforeigncapitalwas8.59billionU.S.dollarsinthefirsthalfof2019,with755foreign-fundedenterprisessetup.Theaddedvalueoftheserviceindustrymadeup82.8percentofthecity'sGDP.

      (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.Beijinghasunveiledathree-yearactionplantofurtherreformandexpandthecity'sserviceindustry,themunicipalcommercebureausaidThursday.Theplancameupwith190specificmeasurestoopenwiderineightfieldsintheservicesector,includingscienceandtechnology,internetinformation,finance,education,culturaltourism,healthcareandprofessionalservices.Newmeasureswillbetakenintheprofessionalservicefieldtostrengtheninternationalcooperationofprofessionalserviceorganizationssuchaslawfirms.Byeasingrestrictionsandallowingwidermarketaccessforoverseasinvestors,Beijinghasseenagrowingnumberofnewforeignbusinessessettled,includingToyotaFinancialServicesandBMW'snewsubsidiaryfordigitalsolutions,saidYanLigang,headofthebureau.Thecity'sactualuseofforeigncapitalwas8.59billionU.S.dollarsinthefirsthalfof2019,with755foreign-fundedenterprisessetup.Theaddedvalueoftheserviceindustrymadeup82.8percentofthecity'sGDP.

      Iran'sForeignMinistryonMondayrejectedtheU.S.SecretaryofStateMikePompeo'sthreateningremarksas"absurdandinterventionist."Inastatement,theForeignMinistrySpokesmanBahramQasemisaidthattheUnitedStatesseekstodistracttheglobalattentionfromits"illegalmoves"concerningIran'snucleardealbythreateningandinsultingtheIraniannation.DespitetheUnitedStates,Iranhasbeenboundtoitsinternationalobligations,thestatementsaid.TheexistingproblemsinIraq,Syria,Yemen,PalestineandAfghanistanaretheresultsoftheU.S.policiesintheregion,therefore,"theAmericansarenotentitledtoinfluenceIran'spoliciesinitsownregion.""Overthepastfourdecades,theIslamicrepublichasresistedtheU.S.anditsallies'plotsandhasturnedoutvictorious,"hesaid,addingthatlikewise,theIslamicrepublicwillaborttheU.S.hostilepoliciesinthefutureaswell.IranpreservestherighttolegallysuetheUnitedStatesoveritsillegalmeasuresandthreats,hestressed.PompeosaidonMondayherethatIranwillsufferthetoughestsanctionsinhistoryfromtheUnitedStatesifitdoesnotchangethecurrentcourse.PompeourgedTehrantoreporttotheInternationalAtomicEnergyAgencyaboutitsnuclearprogram,endproliferationofitsmissiles,andstopsupporting"terroristgroups"intheMiddleEast.  Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.  

      (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.今晨,北京天空碧蓝,白云相伴。

      (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.今天北风劲吹,公众出行请避开高大树木、广告牌等物体,注意安全。

      (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.GlobaleffortaimstofinddiseasevectorsthatcanjumpfromanimalstohumansChinawillhelpleadaprojecttoidentifyunknownvirusesfromwildlifetobetterpreparehumansformajorepidemics-ifnotglobalpandemics.Theprojectistobelaunchedthisyear,accordingtooneofthecountry'stophealthofficials.TheGlobalViromeProjectwillstartinChinaandThailandwithfieldworktocollectsamplesfromwildanimalsandanalyzethevirusesdetected,saidGaoFu,headoftheChineseCenterforDiseaseControlandPrevention."Scientistswillcollectvirussamplesfromanimalssuchasbatsandratsforstudyusingtechniqueslikenextgeneration(DNA)sequencingtofindwhethernewvirusesexist,"hesaid.Theproject,estimatedtocostupto$1.2billion,isexpectedtotake10yearsandinvolvesmanycountriesincludingtheUnitedStates,BrazilandNigeria.Throughmoreintensiveandextensivestudyofvirusesfromanimalsthatcouldinfecthumans,itmaybepossibletodealwithvirusesusingpreemptivecontrolsandpreventioninsteadofpassive,reactivemeasures,Gaosaid."Weallknowtherearealmostcertainlynewvirusesthatcouldcausethenextglobalpandemic,butbasedontheexistingearlywarningcapacityfordiseases,wedonotknow,forexample,whichviruswillcauseanepidemic,"Gaosaid."Wearesurethatnewvirusstrainswillappearinthefuturealongwithchangesinourecology,environmentandhumanbehaviors."Forinstance,humans'abuseofantibioticshasleadtothepotentialdevelopmentofsuperbugs."Therearemanyviruseslivinginwildanimals,sowecanidentifyvirusesandthoroughlystudythosethatcouldpasstohumans,"Gaosaid."Ideallywecandevelopvaccinesandadiagnosisforsuchvirusesevenbeforetheycausehumanepidemics."Itisknownthat263virusescaninfecthumans,butscientistsestimatetheremaybemorethanhalfamillionvirusesthatliveinbirdsandmammalsandthatareunknowntohumansthatmaybecapableofinfectinghumans,andtheyaretheprimarysubjectoftheproject'sresearch,Gaosaid.Evenifalargenumberofsuchunknownvirusesareidentified,itispossiblethatjustasmallfractionofthemhavetheabilitytocausemajorepidemicsthatcausehumandeaths,hesaid.However,consideringthehugecostofamajorepidemiclikeSARStohumanhealthandeconomies,thefindingsoftheprojectstillhavethepotentialtogreatlyreducelossesthroughimprovedearlydiagnosisandidentificationofhostsvulnerabletoanewvirusafteranoutbreak,accordingtoGao.AsimilarprojectcarriedoutbytheUSAgencyforInternationalDevelopmentprovedthefeasibilityoftheGlobalViromeProjectandprovideshelpfulexperience,hesaid.TheUSAIDproject,knownasPredictandlaunchedin2009,withChinaaparticipant,ledtofindingsofmorethan1,000virusespreviouslyunknowntohumans.Theprojectcostwasover$170million,hesaid.SomeofthetechnologiesusedforthatprojecthaveprovedreliableandeconomicallyaffordableandcanbeusedfortheGlobalViromeProject,Gaosaid.  

      Iran'sForeignMinistryonMondayrejectedtheU.S.SecretaryofStateMikePompeo'sthreateningremarksas"absurdandinterventionist."Inastatement,theForeignMinistrySpokesmanBahramQasemisaidthattheUnitedStatesseekstodistracttheglobalattentionfromits"illegalmoves"concerningIran'snucleardealbythreateningandinsultingtheIraniannation.DespitetheUnitedStates,Iranhasbeenboundtoitsinternationalobligations,thestatementsaid.TheexistingproblemsinIraq,Syria,Yemen,PalestineandAfghanistanaretheresultsoftheU.S.policiesintheregion,therefore,"theAmericansarenotentitledtoinfluenceIran'spoliciesinitsownregion.""Overthepastfourdecades,theIslamicrepublichasresistedtheU.S.anditsallies'plotsandhasturnedoutvictorious,"hesaid,addingthatlikewise,theIslamicrepublicwillaborttheU.S.hostilepoliciesinthefutureaswell.IranpreservestherighttolegallysuetheUnitedStatesoveritsillegalmeasuresandthreats,hestressed.PompeosaidonMondayherethatIranwillsufferthetoughestsanctionsinhistoryfromtheUnitedStatesifitdoesnotchangethecurrentcourse.PompeourgedTehrantoreporttotheInternationalAtomicEnergyAgencyaboutitsnuclearprogram,endproliferationofitsmissiles,andstopsupporting"terroristgroups"intheMiddleEast.  (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.

      (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.  

      Beijinghasunveiledathree-yearactionplantofurtherreformandexpandthecity'sserviceindustry,themunicipalcommercebureausaidThursday.Theplancameupwith190specificmeasurestoopenwiderineightfieldsintheservicesector,includingscienceandtechnology,internetinformation,finance,education,culturaltourism,healthcareandprofessionalservices.Newmeasureswillbetakenintheprofessionalservicefieldtostrengtheninternationalcooperationofprofessionalserviceorganizationssuchaslawfirms.Byeasingrestrictionsandallowingwidermarketaccessforoverseasinvestors,Beijinghasseenagrowingnumberofnewforeignbusinessessettled,includingToyotaFinancialServicesandBMW'snewsubsidiaryfordigitalsolutions,saidYanLigang,headofthebureau.Thecity'sactualuseofforeigncapitalwas8.59billionU.S.dollarsinthefirsthalfof2019,with755foreign-fundedenterprisessetup.Theaddedvalueoftheserviceindustrymadeup82.8percentofthecity'sGDP.(Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.

      (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.Beijinghasunveiledathree-yearactionplantofurtherreformandexpandthecity'sserviceindustry,themunicipalcommercebureausaidThursday.Theplancameupwith190specificmeasurestoopenwiderineightfieldsintheservicesector,includingscienceandtechnology,internetinformation,finance,education,culturaltourism,healthcareandprofessionalservices.Newmeasureswillbetakenintheprofessionalservicefieldtostrengtheninternationalcooperationofprofessionalserviceorganizationssuchaslawfirms.Byeasingrestrictionsandallowingwidermarketaccessforoverseasinvestors,Beijinghasseenagrowingnumberofnewforeignbusinessessettled,includingToyotaFinancialServicesandBMW'snewsubsidiaryfordigitalsolutions,saidYanLigang,headofthebureau.Thecity'sactualuseofforeigncapitalwas8.59billionU.S.dollarsinthefirsthalfof2019,with755foreign-fundedenterprisessetup.Theaddedvalueoftheserviceindustrymadeup82.8percentofthecity'sGDP.

      Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.  (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.

      Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.  Iran'sForeignMinistryonMondayrejectedtheU.S.SecretaryofStateMikePompeo'sthreateningremarksas"absurdandinterventionist."Inastatement,theForeignMinistrySpokesmanBahramQasemisaidthattheUnitedStatesseekstodistracttheglobalattentionfromits"illegalmoves"concerningIran'snucleardealbythreateningandinsultingtheIraniannation.DespitetheUnitedStates,Iranhasbeenboundtoitsinternationalobligations,thestatementsaid.TheexistingproblemsinIraq,Syria,Yemen,PalestineandAfghanistanaretheresultsoftheU.S.policiesintheregion,therefore,"theAmericansarenotentitledtoinfluenceIran'spoliciesinitsownregion.""Overthepastfourdecades,theIslamicrepublichasresistedtheU.S.anditsallies'plotsandhasturnedoutvictorious,"hesaid,addingthatlikewise,theIslamicrepublicwillaborttheU.S.hostilepoliciesinthefutureaswell.IranpreservestherighttolegallysuetheUnitedStatesoveritsillegalmeasuresandthreats,hestressed.PompeosaidonMondayherethatIranwillsufferthetoughestsanctionsinhistoryfromtheUnitedStatesifitdoesnotchangethecurrentcourse.PompeourgedTehrantoreporttotheInternationalAtomicEnergyAgencyaboutitsnuclearprogram,endproliferationofitsmissiles,andstopsupporting"terroristgroups"intheMiddleEast.  

      GlobaleffortaimstofinddiseasevectorsthatcanjumpfromanimalstohumansChinawillhelpleadaprojecttoidentifyunknownvirusesfromwildlifetobetterpreparehumansformajorepidemics-ifnotglobalpandemics.Theprojectistobelaunchedthisyear,accordingtooneofthecountry'stophealthofficials.TheGlobalViromeProjectwillstartinChinaandThailandwithfieldworktocollectsamplesfromwildanimalsandanalyzethevirusesdetected,saidGaoFu,headoftheChineseCenterforDiseaseControlandPrevention."Scientistswillcollectvirussamplesfromanimalssuchasbatsandratsforstudyusingtechniqueslikenextgeneration(DNA)sequencingtofindwhethernewvirusesexist,"hesaid.Theproject,estimatedtocostupto$1.2billion,isexpectedtotake10yearsandinvolvesmanycountriesincludingtheUnitedStates,BrazilandNigeria.Throughmoreintensiveandextensivestudyofvirusesfromanimalsthatcouldinfecthumans,itmaybepossibletodealwithvirusesusingpreemptivecontrolsandpreventioninsteadofpassive,reactivemeasures,Gaosaid."Weallknowtherearealmostcertainlynewvirusesthatcouldcausethenextglobalpandemic,butbasedontheexistingearlywarningcapacityfordiseases,wedonotknow,forexample,whichviruswillcauseanepidemic,"Gaosaid."Wearesurethatnewvirusstrainswillappearinthefuturealongwithchangesinourecology,environmentandhumanbehaviors."Forinstance,humans'abuseofantibioticshasleadtothepotentialdevelopmentofsuperbugs."Therearemanyviruseslivinginwildanimals,sowecanidentifyvirusesandthoroughlystudythosethatcouldpasstohumans,"Gaosaid."Ideallywecandevelopvaccinesandadiagnosisforsuchvirusesevenbeforetheycausehumanepidemics."Itisknownthat263virusescaninfecthumans,butscientistsestimatetheremaybemorethanhalfamillionvirusesthatliveinbirdsandmammalsandthatareunknowntohumansthatmaybecapableofinfectinghumans,andtheyaretheprimarysubjectoftheproject'sresearch,Gaosaid.Evenifalargenumberofsuchunknownvirusesareidentified,itispossiblethatjustasmallfractionofthemhavetheabilitytocausemajorepidemicsthatcausehumandeaths,hesaid.However,consideringthehugecostofamajorepidemiclikeSARStohumanhealthandeconomies,thefindingsoftheprojectstillhavethepotentialtogreatlyreducelossesthroughimprovedearlydiagnosisandidentificationofhostsvulnerabletoanewvirusafteranoutbreak,accordingtoGao.AsimilarprojectcarriedoutbytheUSAgencyforInternationalDevelopmentprovedthefeasibilityoftheGlobalViromeProjectandprovideshelpfulexperience,hesaid.TheUSAIDproject,knownasPredictandlaunchedin2009,withChinaaparticipant,ledtofindingsofmorethan1,000virusespreviouslyunknowntohumans.Theprojectcostwasover$170million,hesaid.SomeofthetechnologiesusedforthatprojecthaveprovedreliableandeconomicallyaffordableandcanbeusedfortheGlobalViromeProject,Gaosaid.  Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.  

      (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.(Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.

      Beijinghasunveiledathree-yearactionplantofurtherreformandexpandthecity'sserviceindustry,themunicipalcommercebureausaidThursday.Theplancameupwith190specificmeasurestoopenwiderineightfieldsintheservicesector,includingscienceandtechnology,internetinformation,finance,education,culturaltourism,healthcareandprofessionalservices.Newmeasureswillbetakenintheprofessionalservicefieldtostrengtheninternationalcooperationofprofessionalserviceorganizationssuchaslawfirms.Byeasingrestrictionsandallowingwidermarketaccessforoverseasinvestors,Beijinghasseenagrowingnumberofnewforeignbusinessessettled,includingToyotaFinancialServicesandBMW'snewsubsidiaryfordigitalsolutions,saidYanLigang,headofthebureau.Thecity'sactualuseofforeigncapitalwas8.59billionU.S.dollarsinthefirsthalfof2019,with755foreign-fundedenterprisessetup.Theaddedvalueoftheserviceindustrymadeup82.8percentofthecity'sGDP.Iran'sForeignMinistryonMondayrejectedtheU.S.SecretaryofStateMikePompeo'sthreateningremarksas"absurdandinterventionist."Inastatement,theForeignMinistrySpokesmanBahramQasemisaidthattheUnitedStatesseekstodistracttheglobalattentionfromits"illegalmoves"concerningIran'snucleardealbythreateningandinsultingtheIraniannation.DespitetheUnitedStates,Iranhasbeenboundtoitsinternationalobligations,thestatementsaid.TheexistingproblemsinIraq,Syria,Yemen,PalestineandAfghanistanaretheresultsoftheU.S.policiesintheregion,therefore,"theAmericansarenotentitledtoinfluenceIran'spoliciesinitsownregion.""Overthepastfourdecades,theIslamicrepublichasresistedtheU.S.anditsallies'plotsandhasturnedoutvictorious,"hesaid,addingthatlikewise,theIslamicrepublicwillaborttheU.S.hostilepoliciesinthefutureaswell.IranpreservestherighttolegallysuetheUnitedStatesoveritsillegalmeasuresandthreats,hestressed.PompeosaidonMondayherethatIranwillsufferthetoughestsanctionsinhistoryfromtheUnitedStatesifitdoesnotchangethecurrentcourse.PompeourgedTehrantoreporttotheInternationalAtomicEnergyAgencyaboutitsnuclearprogram,endproliferationofitsmissiles,andstopsupporting"terroristgroups"intheMiddleEast.  

      Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.  (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.

      今晨,北京天空碧蓝,白云相伴。Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.  

      今晨,北京天空碧蓝,白云相伴。今晨,北京天空碧蓝,白云相伴。

      今晨,北京天空碧蓝,白云相伴。(Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.

      (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.  

      Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.  (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.

      (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.(Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.

      Iran'sForeignMinistryonMondayrejectedtheU.S.SecretaryofStateMikePompeo'sthreateningremarksas"absurdandinterventionist."Inastatement,theForeignMinistrySpokesmanBahramQasemisaidthattheUnitedStatesseekstodistracttheglobalattentionfromits"illegalmoves"concerningIran'snucleardealbythreateningandinsultingtheIraniannation.DespitetheUnitedStates,Iranhasbeenboundtoitsinternationalobligations,thestatementsaid.TheexistingproblemsinIraq,Syria,Yemen,PalestineandAfghanistanaretheresultsoftheU.S.policiesintheregion,therefore,"theAmericansarenotentitledtoinfluenceIran'spoliciesinitsownregion.""Overthepastfourdecades,theIslamicrepublichasresistedtheU.S.anditsallies'plotsandhasturnedoutvictorious,"hesaid,addingthatlikewise,theIslamicrepublicwillaborttheU.S.hostilepoliciesinthefutureaswell.IranpreservestherighttolegallysuetheUnitedStatesoveritsillegalmeasuresandthreats,hestressed.PompeosaidonMondayherethatIranwillsufferthetoughestsanctionsinhistoryfromtheUnitedStatesifitdoesnotchangethecurrentcourse.PompeourgedTehrantoreporttotheInternationalAtomicEnergyAgencyaboutitsnuclearprogram,endproliferationofitsmissiles,andstopsupporting"terroristgroups"intheMiddleEast.  Beijinghasunveiledathree-yearactionplantofurtherreformandexpandthecity'sserviceindustry,themunicipalcommercebureausaidThursday.Theplancameupwith190specificmeasurestoopenwiderineightfieldsintheservicesector,includingscienceandtechnology,internetinformation,finance,education,culturaltourism,healthcareandprofessionalservices.Newmeasureswillbetakenintheprofessionalservicefieldtostrengtheninternationalcooperationofprofessionalserviceorganizationssuchaslawfirms.Byeasingrestrictionsandallowingwidermarketaccessforoverseasinvestors,Beijinghasseenagrowingnumberofnewforeignbusinessessettled,includingToyotaFinancialServicesandBMW'snewsubsidiaryfordigitalsolutions,saidYanLigang,headofthebureau.Thecity'sactualuseofforeigncapitalwas8.59billionU.S.dollarsinthefirsthalfof2019,with755foreign-fundedenterprisessetup.Theaddedvalueoftheserviceindustrymadeup82.8percentofthecity'sGDP.

      Beijinghasunveiledathree-yearactionplantofurtherreformandexpandthecity'sserviceindustry,themunicipalcommercebureausaidThursday.Theplancameupwith190specificmeasurestoopenwiderineightfieldsintheservicesector,includingscienceandtechnology,internetinformation,finance,education,culturaltourism,healthcareandprofessionalservices.Newmeasureswillbetakenintheprofessionalservicefieldtostrengtheninternationalcooperationofprofessionalserviceorganizationssuchaslawfirms.Byeasingrestrictionsandallowingwidermarketaccessforoverseasinvestors,Beijinghasseenagrowingnumberofnewforeignbusinessessettled,includingToyotaFinancialServicesandBMW'snewsubsidiaryfordigitalsolutions,saidYanLigang,headofthebureau.Thecity'sactualuseofforeigncapitalwas8.59billionU.S.dollarsinthefirsthalfof2019,with755foreign-fundedenterprisessetup.Theaddedvalueoftheserviceindustrymadeup82.8percentofthecity'sGDP.Beijinghasunveiledathree-yearactionplantofurtherreformandexpandthecity'sserviceindustry,themunicipalcommercebureausaidThursday.Theplancameupwith190specificmeasurestoopenwiderineightfieldsintheservicesector,includingscienceandtechnology,internetinformation,finance,education,culturaltourism,healthcareandprofessionalservices.Newmeasureswillbetakenintheprofessionalservicefieldtostrengtheninternationalcooperationofprofessionalserviceorganizationssuchaslawfirms.Byeasingrestrictionsandallowingwidermarketaccessforoverseasinvestors,Beijinghasseenagrowingnumberofnewforeignbusinessessettled,includingToyotaFinancialServicesandBMW'snewsubsidiaryfordigitalsolutions,saidYanLigang,headofthebureau.Thecity'sactualuseofforeigncapitalwas8.59billionU.S.dollarsinthefirsthalfof2019,with755foreign-fundedenterprisessetup.Theaddedvalueoftheserviceindustrymadeup82.8percentofthecity'sGDP.

      Beijinghasunveiledathree-yearactionplantofurtherreformandexpandthecity'sserviceindustry,themunicipalcommercebureausaidThursday.Theplancameupwith190specificmeasurestoopenwiderineightfieldsintheservicesector,includingscienceandtechnology,internetinformation,finance,education,culturaltourism,healthcareandprofessionalservices.Newmeasureswillbetakenintheprofessionalservicefieldtostrengtheninternationalcooperationofprofessionalserviceorganizationssuchaslawfirms.Byeasingrestrictionsandallowingwidermarketaccessforoverseasinvestors,Beijinghasseenagrowingnumberofnewforeignbusinessessettled,includingToyotaFinancialServicesandBMW'snewsubsidiaryfordigitalsolutions,saidYanLigang,headofthebureau.Thecity'sactualuseofforeigncapitalwas8.59billionU.S.dollarsinthefirsthalfof2019,with755foreign-fundedenterprisessetup.Theaddedvalueoftheserviceindustrymadeup82.8percentofthecity'sGDP.Technologycompaniesdominatedthisyear'sFortune500listreleasedonMonday,withApple,Amazon,Alphabet,Microsoft,andIBM,amongothers,allinthetop50.Appledroppedfromlastyear'sNo.3tothefourthplacedespitea6percentgaininannualsales,butitledthewayinprofitswithmorethan48billionU.S.dollarsinnetincome,accordingtothelist.Amazoncrackedthetop10forthefirsttime,continuingitsremarkablegrowthrun:Saleshavejumpedsome70billiondollarsintwoyears.Amazon'senormitystemsfromitsroleasthelargestU.S.digitalretailer,thefastest-growingpartofthemarket.Sharesofthecompanyrose0.35percenttotradeat1,579.91dollarsapieceinearlytradingonMonday.Apple,Alphabet,Microsoft,andAmazonwerethetopfourinmarketvalueasofMarch29thisyear,accordingtothelist.TheyarefollowedbyBerkshireHathaway,Facebook,andJPMorganChase.Fortunerankstheworld'stopcompaniesbyrevenueeachyearand2018marksthe64thrunningofthelist.Thisyear'sFortune500companiesrepresenttwo-thirdsoftheU.S.GDPwith12.8trilliondollarsinrevenues,1.0trilliondollarsinprofits,21.6trilliondollarsinmarketvalue,andemploy28.2millionpeopleworldwide.Walmart,ExxonMobil,BerkshireHathaway,Apple,UnitedHealthGroup,McKesson,CVSHealth,Amazon,ATT,andGeneralMotorsmadethetop10thisyear.Amongthem,ExxonMobilandGeneralMotorshavebeenonthelisteveryyearsinceitstartedin1955.  

      (Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.GlobaleffortaimstofinddiseasevectorsthatcanjumpfromanimalstohumansChinawillhelpleadaprojecttoidentifyunknownvirusesfromwildlifetobetterpreparehumansformajorepidemics-ifnotglobalpandemics.Theprojectistobelaunchedthisyear,accordingtooneofthecountry'stophealthofficials.TheGlobalViromeProjectwillstartinChinaandThailandwithfieldworktocollectsamplesfromwildanimalsandanalyzethevirusesdetected,saidGaoFu,headoftheChineseCenterforDiseaseControlandPrevention."Scientistswillcollectvirussamplesfromanimalssuchasbatsandratsforstudyusingtechniqueslikenextgeneration(DNA)sequencingtofindwhethernewvirusesexist,"hesaid.Theproject,estimatedtocostupto$1.2billion,isexpectedtotake10yearsandinvolvesmanycountriesincludingtheUnitedStates,BrazilandNigeria.Throughmoreintensiveandextensivestudyofvirusesfromanimalsthatcouldinfecthumans,itmaybepossibletodealwithvirusesusingpreemptivecontrolsandpreventioninsteadofpassive,reactivemeasures,Gaosaid."Weallknowtherearealmostcertainlynewvirusesthatcouldcausethenextglobalpandemic,butbasedontheexistingearlywarningcapacityfordiseases,wedonotknow,forexample,whichviruswillcauseanepidemic,"Gaosaid."Wearesurethatnewvirusstrainswillappearinthefuturealongwithchangesinourecology,environmentandhumanbehaviors."Forinstance,humans'abuseofantibioticshasleadtothepotentialdevelopmentofsuperbugs."Therearemanyviruseslivinginwildanimals,sowecanidentifyvirusesandthoroughlystudythosethatcouldpasstohumans,"Gaosaid."Ideallywecandevelopvaccinesandadiagnosisforsuchvirusesevenbeforetheycausehumanepidemics."Itisknownthat263virusescaninfecthumans,butscientistsestimatetheremaybemorethanhalfamillionvirusesthatliveinbirdsandmammalsandthatareunknowntohumansthatmaybecapableofinfectinghumans,andtheyaretheprimarysubjectoftheproject'sresearch,Gaosaid.Evenifalargenumberofsuchunknownvirusesareidentified,itispossiblethatjustasmallfractionofthemhavetheabilitytocausemajorepidemicsthatcausehumandeaths,hesaid.However,consideringthehugecostofamajorepidemiclikeSARStohumanhealthandeconomies,thefindingsoftheprojectstillhavethepotentialtogreatlyreducelossesthroughimprovedearlydiagnosisandidentificationofhostsvulnerabletoanewvirusafteranoutbreak,accordingtoGao.AsimilarprojectcarriedoutbytheUSAgencyforInternationalDevelopmentprovedthefeasibilityoftheGlobalViromeProjectandprovideshelpfulexperience,hesaid.TheUSAIDproject,knownasPredictandlaunchedin2009,withChinaaparticipant,ledtofindingsofmorethan1,000virusespreviouslyunknowntohumans.Theprojectcostwasover$170million,hesaid.SomeofthetechnologiesusedforthatprojecthaveprovedreliableandeconomicallyaffordableandcanbeusedfortheGlobalViromeProject,Gaosaid.  

      Beijinghasunveiledathree-yearactionplantofurtherreformandexpandthecity'sserviceindustry,themunicipalcommercebureausaidThursday.Theplancameupwith190specificmeasurestoopenwiderineightfieldsintheservicesector,includingscienceandtechnology,internetinformation,finance,education,culturaltourism,healthcareandprofessionalservices.Newmeasureswillbetakenintheprofessionalservicefieldtostrengtheninternationalcooperationofprofessionalserviceorganizationssuchaslawfirms.Byeasingrestrictionsandallowingwidermarketaccessforoverseasinvestors,Beijinghasseenagrowingnumberofnewforeignbusinessessettled,includingToyotaFinancialServicesandBMW'snewsubsidiaryfordigitalsolutions,saidYanLigang,headofthebureau.Thecity'sactualuseofforeigncapitalwas8.59billionU.S.dollarsinthefirsthalfof2019,with755foreign-fundedenterprisessetup.Theaddedvalueoftheserviceindustrymadeup82.8percentofthecity'sGDP.(Photo/CGTN)BasedonHongKong'scurrentsituationandoutlook,theeconomicsituationinHongKongwillstillbegrimduringtherestoftheyear,saidPaulChan,theHongKongSpecialAdministrativeRegion(HKSAR)'sfinancialsecretary,inapressconferenceonThursday.TosavetheAsianfinancialcenter'seconomy,TheHKSARgovernmentannounced14reliefmeasuresthatwillcostabout19.1billionHongKongdollars(2.44billionU.S.dollars),helpingcompaniesandindividuals.StimuluspackagetorelivecompaniesandindividualsStudents,low-incomefamilies,andsmall-andmedium-sizedenterpriseswillbenefitthemostfromthestimuluspackage.Salarytax,taxunderpersonalassessmentandprofitstaxfor2018-19willbereducedbyupto100percent,comparedtotheplanned75percentpreviouslyannouncedforthisyear'sbudget.Thetaxcutwillbenefit1.43milliontaxpayersandwillcosttheHKSARgovernment1.84billionHongKongdollars,Chanestimated.About1.33millionofthemwillnotneedtopaytaxesanymore.Also,27typesoffeesandchargeswillbewaivedtobenefitsmall-andmedium-sizedenterprises.Chanexpressedbeliefthattheslewofeconomicstimulusmeasureswillleadtoa0.3percenteconomicgrowth.PooreconomicoutlookputspressureonHongKongTheHongKongSpecialAdministrativeRegion(HKSAR)governmenthasloweredtheGDPgrowthforecastfor2019to0-1percentyearonyear.Atthebeginningofthisyear,theHKSARgovernmentpredictedthattheannualGDPgrowthratewouldbe2-3percent.However,theGDPgrowthrateofthefirsttwoquarterswere0.5and0.6percentrespectively.Eventhoughthesecondquarter'sGDPgrowthrateseemsfirm,butitislessthanexpectedandaseasonaladjustmenthasmadethefigurelookbetterthanitactuallyis."Itseemssimilartothefigureofthefirstquarter,"saidChan,"Butthinkaboutit,ifweconsiderseasonaladjustment,therealgrowthisactuallyminus0.3percent."EconomydownamidprotestsReadmore:HongKongsharesslumpalongsideotherAsianstocksamidcity-widestrikes"SinceJune9,theviolencehasescalatedandtakenaheavytollonthesociety.HongKongisfacingthemostserioussituationsinceitsreturntothemotherland,"saidZhangXiaoming,directoroftheStateCouncil'sHongKongandMacaoAffairsOffice.AccordingtoHongKong'sLandRegistry,monthlyresidentialbuildingunitsalesfellinJunebymorethan43percentto4,627,downtoafour-monthlow,whilefirst-handresidentialsalesslippedto1,111units.AccordingtoIHSMarkit,HongKong'sJulywholeeconomypurchasingmanagers'indexplungedfrom47.9thepreviousmonthto43.8,thelowestsinceMarch2009,asbothoutputandnewordersfell.TheHangSengIndex,themainindicatoroftheoverallmarketperformanceinHongKong,hasalsodroppedmorethan3,000pointssincethebeginningofJuly.

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