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17 мая 2018 г. 10:22

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BEIJING Alvaro Morata Jersey , Feb. 5 (Xinhua) -- China's only rural policy bank plans to lend about 100 billion yuan (15.9 billion U.S. dollars) by 2020 to support the maritime economy.

 

The financing will mainly go to modern fisheries, strategic and emerging maritime sectors such as maritime medicine and renewable energy, as well as infrastructure and public services, according to guidelines issued by the State Oceanic Administration and the Agricultural Development Bank of China.

 

The rural policy bank's announcement came about 10 days after the country's central bank and other government agencies decided to strengthen financial support for China's maritime economy by increasing bank loans and diversifying financing channels.

 

The gross output of China's maritime industry grew by 7.5 percent annually on average over the past five years, accounting for nearly 10 percent of the country's GDP. The sector generated 7.8 trillion yuan last year.

 

China expects the maritime industry to be worth 10 trillion yuan by 2020 and account for around 15 percent of GDP by 2035.

 

 

An electronic screen displaying trading data is seen at the New York Stock Exchange in New York, the United States, on Feb. 5 Real Madrid Shirts , 2018. U.S. stocks closed sharply lower on Monday, with the Dow plummeting 4.60 percent, as the market took a heavy hit from panic sales. (XinhuaWang Ying)

NEW YORK, Feb. 5 (Xinhua) -- U.S. stocks closed sharply lower on Monday, with the Dow plummeting 4.60 percent, as the market took a heavy hit from panic sales.

 

The Dow Jones Industrial Average dropped 1,175.21 points Customized Real Madrid Jersey , or 4.60 percent, to 24,345.75. The S&P 500 slumped 113.19 points, or 4.10 percent, to 2,648.94. The Nasdaq Composite Index sank 273.42 points, or 3.78 percent Cheap Real Madrid Jersey , to 6,967.53.

 

Monday's rout extended a steep sell-off from the previous session. On Friday, U.S. stocks plunged, with the Dow slumping over 650 points, as investors worried that the Federal Reserve may hike rates on a faster pace after an upbeat jobs report.

 

U.S. total nonfarm payroll employment increased by 200,000 in January, beating market consensus Toni Kroos Real Madrid Jersey , and the unemployment rate stayed unchanged at 4.1 percent, the Labor Department reported Friday.

 

Analysts said the market is now thinking about the possibility of the Fed raising interest rates four times this year, after the central bank in December suggested three more increases in 2018.

 

Investor sentiment was also dampened by a global rout in stock markets. Most European and Asian equity markets finished sharply lower Monday, with Japanese stocks suffering their biggest one-day drop since Nov. 9, 2016.

 

On the economic front, the ISM Non-Manufacturing Index registered 59.9 percent in January, 3.9 percentage points higher than the seasonally adjusted December reading and beating market consensus of 56.2 Theo Hernandez Real Madrid Jersey , the Institute for Supply Management (ISM) said Monday.

 

Meanwhile, the seasonally adjusted final IHS Markit U.S. Services Business Activity Index registered 53.3 in January, in line with market expectations.

 

 

" Photo taken on Aug. 27, 2017 shows the performance during the opening ceremony of the 13th Chinese National Games in north China's Tianjin Municipality. (XinhuaZhao Ge)

By Sportswriter Ma Xiangfei

 

TIANJIN, Aug. 27 (Xinhua) -- The Chinese version of the Olympic Games, known as the National Games, is interwoven with the larger story of Chinese sports. The 13th National Games opened in Tianjin is destined to be a historic installment. It is held at a moment when the world's second largest economy is undertaking a wide-ranging reform push in the area of sports Sergio Ramos Real Madrid Jersey , in a bid to help its people enjoy healthier and happier lives.

 

""National Games for a Healthy China"" is the slogan of Tianjin 2017. It illustrates a shift in China's focus away from an all-or-nothing pursuit of Olympic and World championship gold medals and toward a more balanced attitude about the fundatmental function of sports in wider society.

 

One major change will see the National Games open its doors to amateur athletes for the first time in 30 years, drawing over 8,000 amateur finalists to compete in 19 popular events such as taichi, chess, roller skating, marathon and rock climbing. This is in addition to the over 10,000 professional athletes entering in the Olympic events.

 

The move has served a dual purpose: it has made Tianjin 2017 the most well-attended National Games in history Ruben Yanez Real Madrid Jersey , but more importantly, it also underlines the country's determination to be both wealthy and healthy, or what is known in Chinese as a ""xiao kang"" society. While this Chinese phrase translates to ""well off"" in English, the word ""kang"" literally means ""good health"".

 

The country will continue to adore its Olympic heroes as always, which has been the case from the moment that China began its Olympic journey in search of national pride and confidence when it returned to the Olympic family in 1979, all the way to the present day, as China prepares to host its second Olympics in 2022 after Beijing 2008. Now the country regularly wins gold medals on the world stage Raphael Varane Real Madrid Jersey , filling its people with pride, uniting them under one purpose: making the most out of all the beautiful things that sports has to offer to people.

 

The National Games will likely keep functioning as a link in the state-sponsored sports system, which mobilizes resources all over China to scout, train and select sports talents and elevates the very best to the national teams.

 

However it is impossible to ignore the fact that the whole sporting system has previously come under criticism: several scandals have stemmed from the extreme focus on gold medals, which had the effect of distancing sports from the general public.

 

The changes did not happen overnight. But when they did occur, they began to put the country on a stron. NHL Jerseys From China   Sports Jerseys Cheap   Hockey Jerseys From China   MLB Baseball Jerseys From China   Authentic Jerseys Wholsale   Authentic Jerseys Wholesale   Football Jerseys Wholesale   College Baseball Jerseys Cheap   Replica Jerseys China   Basketball Jerseys Free Shipping 

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