hina’s economic growth will remain stable in the first quarter, and is expected to land at 6.3 percent or even higher year-on-year when it is released this week, e
conomists said after some economic indicators for March surprised the market on the upside.
“Downside pressure began to ease in the first quarter, as signaled by the r
ather substantial recovery in various economic indicators in March,” said Yao Jingyuan, form
er chief economist at the National Bureau of Statistics and a researcher for the Counselors’ Office of the State Council.
Chinese banks’ lending in yuan, a leading indicator for the real economy
, surged in March by 1.69 trillion yuan ($252 billion), up 52 percent from a year earli
er, according to the People’s Bank of China, the central bank. The manufacturing purchasing managers inde
x for March, which was back into expansion territory, may be a sign of accelerating industrial activities.
Exports in March also picked up, rising 14.2 percent in US dollar ter
ms from a year ago, versus 0.1 percent for the January-February period, customs data showed.
rd phases, with 1,000 booths booked by 650 enterprises from 38 countries and regions.
The first phase of the import exhibition has 616 booths displaying electronics and home appliances, build
ing materials and hardware and mechanical equipment. There will be 384 booths in the third phase, m
ainly displaying food and beverage products, household goods, fabrics and home textiles.
Xu Bing, a spokesperson for the Canton Fair, said on Sunday that the 124t
h fair received exhibitors from ten countries and regions. According to Xu, a chamber of com
merce from Istanbul said the fair had helped many Turkish enterprises explore the global market.
“Design for trade” will be a highlight at the upcoming fair. About 100 design companies and institut
ions from 15 countries and regions, including the United States, Germany, France, Italy, Austr
alia, the Republic of Korea and Japan, have registered to participate in the design exhibition at the fair.
o eye with his fan.”I buy a lot of albums, and it is the design of the covers that catches my eye first,” Yang
tells the fan. “Apart from the quality of the sound on the record, these things are pieces of art.”
In the two-hour meeting, they listen to the new vinyl and talk about their affection for physical records.
“I recall the summer of 1993 when I was 20 years old,” Yang says. “I bou
ght cassette tapes of the Chinese rock band Tang Dynasty and the rock singer-songwriter
Cui Jian. The songs coming from these spinning tapes stunned me and I wanted to make music like them. That’s wh
y I still stock and support the physical format. It’s something for me to keep and something to hand down to my kids.”
For Wang Zhuohui, owner of Free Sound, Yang’s arrival is one of a series of events to celebrate Record Store Day.
Wang’s shop does its bit for Record Store Day by staging live performances, fan meetings and ex
clusive releases. Record Store Day is a way to help keep a dying industry alive, Wang says. For him one big attra
ction of record stores is that unlike social media where everything is delivered at the push of a button, they offer a p
“I want us to be able to leave the European Union in a smooth and orderly way as soon as possible,” she told reporters.
Her EU peers, however, are sceptical about her ability to break the dead
lock soon. They are exasperated with May’s handling of a tortuous and costly divorce that is a di
straction from ensuring the bloc can hold its own against global economic challenges.
Across from the summit venue, the EU executive celebrated its part in funding a global project that produced the first p
icture of a black hole, prompting no shortage of ironic comments on social media about the juxtaposition.
Blogger Eliot Higgins tweeted: “We’re now more certain about what black holes look like than what Brexit looks like.”
One of the country’s major movie events, the 9th Beijing International Film Festival, will o
pen with a Sino-Kazakh production about late composer Xian Xinghai, Xu Fan reports.
The Composer, the first Sino-Kazakh production depicting the final years of Chinese
musician Xian Xinghai, is set to open the 9th Beijing International Film Festival on Saturday.
yped, Stigmatized, and Ignored said at the same time, people start to see the positive aspe
cts of living single, such as being free to pursue their passions, enjoying solitude an
d putting the people they care most about at the center of their lives, instead of a romantic partner.
Other factors contributing to the rise of one-person househol
ds include high levels of divorce, increased education that leads to more employment and be
tter-paying career opportunities, and increased longevity and improved health at older ages.
As of 2017, the average age of a first marriage for women was about 27.5, while it was
29.5 for men. Demographers estimate that about 80 percent of Americans will marry at some point in their lives.
That’s a lot lower than the 95 percent who married in the 1950s and 1960s, and it may drop somewhat more, according to Steph
anie Coontz, a marriage historian and author of Marriage, a History: How Love Conquered Marriage.