on’t even bring clothes. I would simply have the rental platform deliver the garments to my hotel befo

re the trip. I’d then return them without having to go through all the hassle of doing laundry,” she says.上海品茶微信女神会所

“I think women just need different clothes instead of new clothes. I don’t need a closet that is larger than necessary to p

上海品茶微信rove myself. My professional achievements are my most glittering accessories,” she adds.

She is so proud of adopting this approach that she openly admits to her friends that she rents cloth

es instead of buying them. She has even recommended clothing rental services to many of her peers.上海品茶微信女神会所

Consumers like Shen, who are open to renting fashion items, are driving the sharing econo

上海品茶微信my within the fashion industry, which has been slow to jump on the bandwagon, says Clement Tang, CEO of Le To

e China, an online clothing rental company that originated in San Francisco in 2012.

According to the State Information Center, China’s sharing economy was worth 2.94 trilli上海品茶微信女神会所

on yuan by 2018, an increase of 41 percent year-on-year, and more than 760 mill

ion Chinese-over half the country’s population-have paid for shared services or products.

上海品茶微信The center also estimated that the annual growth rate in the sharing economy in China would remain steady at around 30 percent over the next three years.

A consumer survey by consultancy firm Mintel found that transportation remains the most popular上海品茶微信女神会所

segment in the sharing economy. Among the 3,000 consumers polled by the consultancy, 91 percent said the

y have paid to share car rides or bicycles. In contrast, clothing is the second least popular category, above mothe上海品茶微信

r care and baby products, with only 9 percent of the interviewees saying they pay for such services.

Rachel Botsman, the author of What’s Mine is Yours: The Rise of Collaborative Consumption, noted in o上海品茶微信女神会所

ne of her TED talks that the rise of the sharing economy in other fields has provided a basis for the deva

luation of ownership in fashion, where there has long been “a stigma behind rental”.上海品茶微信

According to its website, TED is “a nonpartisan nonprofit (organi

zation) devoted to spreading ideas, usually in the form of short, powerful talks”.上海品茶微信女神会所

“Clothing rental could be the next big revolution for the fashion industry, after the rise of fast fashion and e-commerce,” says Tang.

stgongchen.cn

The “Shandong上海品茶微信女神会所 Day” event at the International Horticultural Exhibition in Beijing starts on June 20. iqilu.com]The opening ceremony for the “Shan

dong Day” event is held on June 20 at the ongoing International Horticultural Exhibition in Beijinbroad attend

the opening ceremony of the “Shandong Day” event, which offers an effective platform to showcase the pro

vince’s beautiful landscapes and rich culture to the whole world. qilu.comPerformers from Shandong prov

ince stage the province’s unique dances and songs at the opening ceremony of the “Shandong Day” event in Beij

inilu.com]Folk artists from Shandong province showcase the province’s traditional handicrafts at the “Sha

ndong Day” event during the ongoing International Horticultural Exhibition in Beijing. qilu.com]Artists fr

om Shandong province stage traditional Chinese folk music performance at the Shandong Garden to ce

lebrate the “Shandong Day” event of the International Horticultural Exhibition in Bei

www.trwater.com.cn

s out of ou上海品茶微信女神会所r expectations, and it was maintained because of countercyclical policies,” said Zhang Xiaojing, a senior economist with the CASS.

But the deleveraging process should continue, and more measures will be introduced to ease the debt burden, especially

for the private sector, said Lian Weiliang, deputy head of the National Development and Reform Commission.

One of the key measures is to further promote the debt-to-equity s

wap program, to inject more social funds into indebted companies through holding the co

mpanies’ shares, the NDRC official said. “We will choose more qualified private companies to join this program.”

By the end of April, the total value of debt-to-equity swap reached 2.3 trillion yuan ($332.8

billion). More than 20 percent was for the centra上海品茶微信女神会所l State-owned enterprises, inclu

ding China Baowu Steel Group Co Ltd, State Power Investment Co Ltd, and China Shipbuilding Industry Corp, acc

ording to data from the State-owned Assets Supervision and Administration Commission.

www.pldyjo.cn

fruitful bilateral ties over the past 45 years, as well as the deepened friendship between the two peoples. Malaysia looks forward to

sustained prosperity and development of the countries’ relations to benefit the two peoples, he said.

Premier Li Keqiang and Malaysian Prime Minister Mahathir Mohamad also exchanged con

gratulations on the Friday anniversary. They vowed to expand practical cooperation.Beijing opened its first

bicycle-only road at 7 am Friday morning, and our reporter Cao Zinan became one of the first cyclists to try it out.

Follow Cao in this video, and get a glimpse of the 6.5-kilometer-long bikeway in northern Beijing.

nqlbn.cn

counting for about 80 percent of global supply. However, the country’s rare-earth industry is faced with such pro

blems as rapidly decreasing inventory, inefficient production and environmental pollution.

Analysts also said that the low prices of China’s exports have failed to reflect the real value of the precious resource.

The division of labor of the global rare-earth industry should be coo

rdinated in accordance with the principle of opening-up and sharing, the NDRC said.

While the country prioritizes the domestic use of rare-earth meta

ls, it is willing to see its exports help drive the development of global industries, it said.

www.gzbbcl.com

a’s photovoltaic products. Export value to Vietnam rose 239 times to $739 million in the fi

rst quarter, taking up 16.8 percent of China’s total photovoltaic export value.

With the European Union ending its anti-dumping and anti-subsidy meas

ures, photovoltaic exports from China to Europe also saw large increase in Q1.

The country’s photovoltaic products export volume to the Netherlands and Spain increased 1,049.6 percent and 158.3 perc

ent, respectively, in the first quarter, said the report. It predicted that the emerging markets, such as Mexico, Aus

tralia, Turkey, and the United Arab Emirates will further boost the export of China’s photovoltaic modules.

The export of China’s photovoltaic products to the United States dropped 28.9 pe

rcent to just 0.01 GW in the first quarter, the report said. The Section 201, Section 3

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sumers and hundreds of thousands of employees, we ask that you im

mediately stop this action to increase their tax burden,” the group said.

The group’s reasoning echoes an earlier comment from David French,

senior vice-president for government relations at the Nat

ional Retail Federation, who said, “Saying that China is paying these tariffs doesn’t hold water.”

About 99 percent of all shoes sold in the US are imported. Last year alo

ne, it imported 2.5 billion pairs, nearly 70 percent of which came from China, ma

king the Asian country the largest source for US shoe imports, according to statistics provided by the FDRA.

tsinghuagxbedu.cn

ipsets like Kirin, which has been used in Huawei’s high-end smartphones. In addition to server chips, th

e company has also developed chips for base stations, basebands and chipsets powered by artificial intelligence.

“From chips to its self-developed operating system, Huawei has

long been preparing for independent research and development in core technologies. It has the abil

ity to adjust to changes in the global market,” said Xiang Ligang, director-general of the Information Consumption Alliance.

Huawei has also made preparations with core chipsets. Existing s

tocks are thought to provide the company with a buffer of six months to a year, he said.

shanghaidianbaobao.cn

Health authorities will redouble their efforts to train nurses in eldercare as the proportion of older people in the pop

ulation expands and tens of millions of people struggle with disabilities, a senior health official said on Wednesday.

Jiao Yahui, deputy chief of medical administration and supervision at the National He

alth Commission, said there are not enough nurses to cope with the growing needs of the country’s elderly.

A regulation on the training of healthcare workers and standards of service is being drafted. It i

s expected to boost the number of nurse’s aides, Jiao said ahead of International Nurses Day on Sunday.

The nurse’s aides will complement the work of full-fledged nurses to meet the demand for services for the elderly, she said.

The number of registered nurses in China topped 4 million as of the end of last year. Nearly 70 perc

ent held a junior college degree or above, accounting for almost half of all healthcare professionals, she said.

asrunde.cn

 between long-term structural factors and actual economic performance, it is also unclear how long those factors would take to constrain GDP growth to a part

cular level. In fact, 20 years ago, the same long-term factors were used to warn of a possible fall in Chinese GDP growth.

Because of the complexity of China’s growth trajectory, many economists seem to base their assessments of potenti

al on performance. After every drop in China’s GDP growth since the second quarter of 2012-when growth fell be

low 8 percent-economists have emerged to declare that performance was in line with potential.

Difficult to determine potential growth rate

To be sure, there are various estimates of China’s potential growth rate, ranging from 5 perc

ent to 8 percent. But it is difficult to determine which is reliable. For one thing, there is reason to believe that

most estimates fail to discount cyclical factors adequately when calculating the long-term trend.

www.koryoung.com.cn