Archive June 2019

Boeing may reimburse airlines for 737 MAX grounding

Boeing CEO Dennis Muilenburg said on Wednesday that the aircraft manufacturer

上海千花坊is having “ongoing conversations” with airlines about possible reimbursements following the worldwide grounding of 737 MAX jets.

The airlines haven’t disclosed how much they are seeking from Boeing, but some analysts peg industrywide losses at about $1 billion. In an interview with Axios, Muilenb上海千花坊

urg didn’t say how Boeing would compensate airlines, but it could be cash, a discount on future orders or additional pilot training and services.

Airlines seeking compensation include Air China, China Eastern Airlines, China Southern Airlines, Norwegian Air, Turkish Air, Ryanair, Flydubai and United Airlines.上海千花坊品茶微信

“Reimbursement isn’t a technical problem,” John Cochran, president of Eaglemark, an aviation con

sulting firm and professor emeritus of Aerospace Engineering at Auburn University, told China Daily USA. “It’s a matter of first imp

ression. Some of what Boeing proposes to do may be contractual and it’s certainly sound public relations. Boeing wants to keep its customers happy.”上海千花坊

The 10,000-member pilots union for Southwest Airlines said this month it will ask B

oeing  for compensation to cover legal costs and lost income for pilots due to the 737 MAX grounding.

上海千花坊品茶微信The union hasn’t said how much pilots have lost, but it could be as much as $9 million a month, the Dallas Morning News reported.

Southwest has 34 MAX jets in its fleet. The airline said it plans to resume MAX flights on Sept

2, but the union said “there is no accurate estimate of when the MAX will return to service.”

上海千花坊品茶微信Airlines have used other planes when possible to replace grounded MAX jets, but some flights have been canceled. The airlines appa

rently seek compensation for lost revenue as well as storage and the cost of preparing the MAX to return to c

ommercial service when the US Federal Aviation Administration and other regulators say it’s safe to fly.

Boeing MAX jets were grounded worldwide following crashes March 10 in Ethiopi

a and October 29, 2018, in Indonesia that killed a total of 346 passengers and crew.

Preliminary investigations suggest the aircraft’s Maneuvering Characteristics Augmentation System (MCAS), an automated anti-stall device, apparently fo

rced the noses of Lion Air and Ethiopian Airlines flights down and into a fatal plunge when it erroneously deter

mined the planes were about to stall. To avoid a stall, MCAS points the nose of the plane down to gain air speed.

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Meanwhile, the law imposes heavier fines on produce

cers and sellers of defective vaccines. Those prod

ucing or selling fake vaccines shall face a fine of 15 to 50 times the value of the illicit product上海千花坊女神会所

s, while substandard vaccine makers or sellers face a fine of 10 to 30 times the value.

上海千花坊It also raises the threshold for fines, by stipulating that fake or substandard vaccines worth less than 500,000 yuan ($72,908) shall be calculated as 500,000 yuan.

Production and business operation will be suspended for rectification, and drug registration certificates or even pharmaceutical production licenses can be revoked, it said.上海千花坊女神会所

The tough punishments will exert positive impacts on the whole-process supervision of vaccines, said Jiao Hong, head of the National Medical Products Administration.

It will further enhance the quality of the country’s vaccines and boost the public’s confide上海千花坊

nce on vaccine safety, Jiao said at a press conference held after the five-day legislative session closed.

An autopsy will be carried out to help determine the reason behind the death of a 3-year-old girl from Lianyungang, Jiang

上海千花坊女神会所su province, who died after receiving a rabies vaccine, the local government was quoted as saying on Tuesday.

The girl, surnamed Zhang, was scratched by the pet dog of her classmate on April 26. After about 23 hours, she received a freeze-dried rabies vaccine at a local hosp

ital. But early April 28, the girl suffered a febrile convulsion and was rushed to hospital for emergency treatment. She died later that day.

The case has attracted attention from netizens who wondered whether the death could be caused by disqualified vaccines.上海千花坊女神会所

According to The Paper, a preliminary investigation by local health authorities showed

no recipients had adverse reactions after getting vaccines from the same batch between March 11 and April 30.

The investigation also showed the hospital where she was vaccinated and the doctor involv

ed are qualified, the vaccine used was within its validity period and there is no problem found in its

cold-chain transportation. As required by the girl’s family, the hospital has kept a vaccine of the same batch as a sample to check.

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According to Yang Yonghong, head of China Railway Uru

umqi Group’s Alataw Pass Station, the rapid inspection and clearan

c上海会所品茶微信e services for China Railway Express freight trains have led to a rise in imports.

He was speaking at an indoor transfer station where containers from a train that had arrived fr

om Poland (via Kazakhstan) were being loaded onto a train bound for Chongqing. T

he change was necessary because the track gauge in Kazakhstan is wider than in China.上海会所

According to Yang, the indoor transfer station, the largest in Asia, can handle 15 train

s a day. Because more trains are expected to pass through the port in the future, the company plans上海会所品茶微信

to transform an outdoor transfer station into an indoor facility so the procedure won’t be affected by strong winds. The 80 Porsche cars were just one of the cargoes being transferred that day.

“When the China Railway Express was launched, the trains were heavily loaded on their outbound journeys, but most of the containers were empty when they returned. Now, about 70 percent of trains returning to China are also heavily loaded. The change is very obvious,” he said.上海会所

According to the Alataw Pass Customs, from January to May, only about 30 percent of the containers on China Railway Expre

ss trains returning from Europe were empty, a fall of more than 9 percent year-on-year.

上海会所品茶微信Yang said, “As many companies have benefited from the cheaper, but more efficient, service p

rovided by the China Railway Express service, I believe more and more containers will be filled on the trains’ return journeys.”

The development of the Alataw Pass has also boosted the development of Alashankou, which is home to just 14,000 residents.

“Many businesses have noted the potential of the land port and the city, so they have set up branches and factories here. It’s h上海会所

ard to imagine that before 1992 the Alataw Pass was nothing but the Gobi Desert and strong winds,” Di, the Party chief, said.

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The matchmaking events have caught the attention

of representatives from Russia, Malaysia, Bulgaria, South Korea as well as the Hong Kong special administrative region and Taiwan.

 上海千花坊The involved parties will hold a total of eight matches in the exhibition hall.

“Since the beginning of the fair, CISMEF has been committed to popularizing the general economic policies made by our State,” He said.

“Topics have been based on the reform of supply-side structures, innovation as an engine, the Belt and Road Initiative and the construction of a new model for an opening economy,” He added.

“The fair has been helping SMEs to better know about economic development, giving solutions to enterprises for solving difficulties 上海千花坊

in their expansion and transformation, providing new perspectives on  上海千花坊女神会所innovation and expanding their horizons in innovation and healthy development.”

In addition to e-commerce, emerging industries – such as smart manufacturing, ener

gy-saving, environmental protection and the electronic information sectors – will also be highlights of the fair.

 上海千花坊女神会所On Sept 21, the media briefing on forums and events for the 14th China International Small and Medium Enterprises Fair (CISMEF) was held in Guangzhou.

Guests present at the briefing included He Zuoxian, deputy director-general of the Guangdong SME Bureau, as well as representatives of forum and event organizers.

As an international service platform for Chinese and foreign SMEs to attract capital, technologies an 上海千花坊

d intelligence, CISMEF will deliver a wide variety of events rich in content and with actual effe

cts, including six key forums and events (China SME Summit, SME Cross-border Matchmaking Activity, 2017 “Maker in China” Innovation & Entre

 上海千花坊女神会所preneurship Competition, the second Asia-Europe Seminar on SME Financing , 2017 Specific Action of the “Belt and Road” Guangdong Tour – Wak

ing into Africa Activities and SME Informatization Application Promotion Activity and Informatization Forum). Mo

re than 40 specialized and supporting forums and events, as well as eight overseas exhibition groups promotion events, he noted.

www.shlf2020.cn

senior official Xie Bohua said that Asian and Euro

pean countries faced increased challenges over financing after the international financial crisis.

上海乌托邦女神会所”However, Asian and European SMEs have their own advantages and are complementary,” Xie said.

“European countries have a relatively mature financial system, developed financial mar

kets and advanced technology and management, while Asian countries have big market potential and growing innovative capabilities.”上海乌托邦

Liu Qiang, vice-president of the Bank of China, said that it had created a services model for SMEs and c

ross-border SMEs and a special credit approval process responding to the risks and financing characteristics of SMEs.上海乌托邦

Laura Egoli, consul-general of Italy in Guangzhou, said her government had set up increased funding for SMEs, especially th

ose established by women and young entrepreneurs. In 2017, the government provided 45 million euros ($53.4 million) to support SMEs.

上海乌托邦女神会所Ma Xianghui, director general of the SME bureau under the Ministry of Industry and Information Technology, said that to relieve the difficulties involved in SME financing, China would improve the laws governing SME development, promote cooperation between industry and finance, and promote the construction of a credit guarantee system for SMEs.

A total of 28 guests from China, Italy, Croatia, the Philippines, Thailand, Egypt, France, Indonesia and Malaysia shared their opinions at the summit.

上海乌托邦女神会所More than 300 officials from 23 countries and representatives from financial institutions attended the seminar.

The China SME Summit is another highlight of the fair. Its aim is to organize and mobilize society to support micro, small and medium enterprises.上海乌托邦女神会所

With the theme “new thinking, new motivation and new manufacturing,” the summit invited Chinese and South Africa officials, leading economists and representatives of entrepreneurs to exchange views on measures and achievements in supporting SME development.

Small and medium-sized enterprise fair draws eager participation of overseas players

South Africa’s Minister of Small Business Development, Lindiwe Zulu, said: “Many SMEs have pointed out that their growth and sustainability is hampered by a lack of access to markets in South Africa.

“We have made a commitment to facilitate market access for small businesses. Our participation at this year’s (fair) indicates our practical effort to take this commitment forward.”

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Boeing MAX jets were grounded worldwide follow

lowing crashes March 10 in Ethiopia and October 29, 2018, in Indonesia that killed a total of 346 passengers and crew.

上海龙凤Preliminary investigations suggest the aircraft’s Maneuvering Characteristics Augmentation System (MCAS), an autom

ated anti-stall device, apparently forced the noses of Lion Air and Ethiopian Airlines flights down and into a fat

al plunge when it erroneously determined the planes were about to stall. To avoid a stall, MCAS points the nose of the plane down to gain air speed.上海龙凤

There are about 400 MAX jets in service worldwide, including about 97 in China. Wall Street analysts expect Boeing to spend abo

上海龙凤ut $1 billion to update and install new software worldwide to prevent the MCAS system from rep

eatedly pointing the nose of the plane down and to prevent the system from being activated by only one of two exterior sensors.上海龙凤品茶微信

In the interview with the news website Axios, Muilenburg refused to上海龙凤

say the MCAS system was a “red flag” during the MAX’s six-year development and cer

tification process. He said there were a “number of factors” involved in the fatal crashes.上海龙凤品茶微信

Earlier this month, Muilenburg said he expected some MAX jets to return to commercial service by

上海龙凤the end of the summer, but it could be months before the worldwide fleet returns to the air. Boe

上海龙凤品茶微信ing said it has completed the software update for the MCAS system and has tested it on 207 flights totaling 360 hours. The

US Federal Aviation Administration has not said when its review of the updated software will be completed.

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Debate moderators are expected to raise such topics a

topics as economy, healthcare, education, immigration, climate change, and forei

gn policy, similar to those for the first group of partic上海楼凤ipants on Wednesday night.

上海楼凤According to debate rules, each candidate will have 60 seconds to answer questions and 30 se

conds for rebuttals. There are no opening statements, but each candidate will have one minute for a closing statement.

Wednesday’s debate was attended by Senator Elizabeth Warren of Massachusetts上海楼凤

, another top-tier contender, along with former Congressman Beto O’Rourke of Texas, Senator

上海楼凤Cory Booker of New Jersey, New York Mayor Bill de Blasio, Washington Governor Jay Inslee, and five others.

Together, 20 candidates qualified for the first primary debate for either scoring at least 1 perce

nt support in three qualifying polls or receiving donations from at least 65,000 unique donors.

The two-night debate, hosted by NBC News, MSNBC and Telemundo at Miami’s Adrienne Arsht Cen上海楼凤

er for the Performing Arts, was the first of a dozen that the Democratic National Committee had planned for the party’s primary.

The second debate is scheduled for July 30-31 in Detroit, Michigan.

WASHINGTON – The US House of Representatives on Thursday passed the Senate’s version of t

上海楼凤he emergency border funding bill after House Speaker Nancy Pelosi reversed course amid pressure from

上海楼凤品茶微信moderate Democrats to tackle the migrant surge along the US-Mexico border immediately.

The Democrat-controlled House voted 305 to 102. Senate Maj

ority Leader Mitch McConnell said President Donald Trump supports the Senate bill.

“In order to get resources to the children fastest, we will reluct上海楼凤品茶微信

antly pass the Senate bill,” Pelosi wrote in a statement before the Thursday voting.

“The children come first,” Pelosi said. “At the end of the day, we

have to make sure that the resources needed to protect the children are available.”

上海楼凤品茶微信The sudden setback for Pelosi came amid heavy pressure from moderate Democ

ratic lawmakers who are seen as most vulnerable at the 2020 U.S. general elections, local analysts said.

House Representative Josh Gottheimer, a Democratic leader of the bipartisan Problem Solvers Caucus, told Pelosi Thur

sday morning that he had rallied enough moderate 上海楼凤品茶微信Democrats to take down the rule on the amended House bill.

Recent media reports of horrific conditions facing children at border det

上海楼凤品茶微信ention centers and the release of a photograph depicting a father and daughter drowned face-down in the Rio Gra

nde River near Brownsville, Texas, also created new urgency for Congress to act before the July 4 recess.

zhoujianhe.cn

ion yuan in reducing tax and fee burdens, the figure in

As China’s measures to cut taxes and fees have been running on all cylinders, the coun

try has sla上海会所shed 893 billion yuan ($129.96 billion) in fiscal revenue from January to May, w

ith 109 million people’s salaries free from taxation, datafrom the State Taxation Administration showed on Thursday.上海会所

Compared with the annual target of 2 trillion yuan in reducing tax and fee burdens, the figure in the first five months ind

上海会所女神会所icated the task was 44 percent complete, said Zhang Yiqun, an expert in finance and taxation, adding China fare

s well in large-scale tax cuts and fee reductions and will definitely attain its goal in the end, according to Securities Daily.上海会所

Specifically, the newly issued tax-cut policies this year whittled down 351.1 billion yuan. Of the figure, 221.8 billion yuan boiled down t

o the deepening reform on value-added tax and 91.7 billion to inclusive policies for small and micro

上海会所 enterprises and special expense deductions for individual income tax. Meanwhile, 460.4 billion yuan were attributed to carryover effects of tax-reduction policies implemented since last year.

 new round of reductions in value-added tax rates started to take effect from April 1. A pullback of 221.8 billion yuan in overall taxation was accomplished between Ap上海会所ri

l and May, involving all industries, according to the official data, which also revealed manufacturing saved the most from the tax policy during the period, totaling 97 billion yuan, while the wholesale and retail industry achieved 80.8 billion yuan.上海会所女神会所

Privately and individually owned businesses are the biggest beneficiaries of inclusive policies targeting small and micro

enterprises, accounting for 83.4 percent in the total cuts of 66.8 billion yuan, achieved through implementing relevant policies.

Increasing the pre-tax deduction ratio for research and d上海会所女神会所evelopment expenses added a tax reduction of 87.8 billion yuan.

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g private capital fo上海会所品茶微信t urged more effo

orts to attract p上海会所品茶微信rivate capital to sustainable infrastructure, and called on multilateral de

velopment banks to contribute more toward improving project preparation and country policy fra

meworks and maintaining supportive conditions by, for instance, providing better information for market players.

Stern said the G20 nations can promote sustainable economic growth and development, reduce poverty and improve living standards across the world.

“But they must move quickly and on scale,” he said. “The climate crisis is real and now; delay will be profoundly dangerous.”

Kevin Gallagher, director of the Global Development Policy Center at Boston University, and Richard Kozul-Wright, director of the Division

on Globalization and Development Strategies at the United Nations Conference on Trade and Development, have appealed t

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China will channel 上海会所品茶微信s from the Belt and

d Road Initiati上海会所品茶微信ve to Africa, he said, adding that both partners should respect market pri

nciples and ensure economic and social benefits to improve the continent’s capacity for sustainable development.

Wang said more than 880 cooperation projects will be carried out in the next three years.

In a news conference on Tuesday afternoon, Vice-Minister of Com

merce Qian Keming said that in their next step, China and Africa will carry out capacity-buil

ding cooperation and promote infrastructure, trade and investment cooperation. China will increase imports fro

m Africa to ensure the continent shares in the huge Chinese market, he added.

Ugandan President Yoweri Museveni said the eight major initiatives have helped address the de

velopment challenges facing African countries and will help guide their cooperation in the right direction.

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