This year marks the 上海千花坊品茶微信orld stamp exh

exhibition offere上海千花坊品茶微信d a section for people with disabilities.

Ten years ago when the 2009 World Stamp Exhibition took place in Luoyang, Henan province, Li Shaohua, a fellow of the Al

l-China Philatelic Federation who has mobility impairment, founded the China Disabled Persons Stamp Collecting Association.

According to Li, currently president of the association, the association now has more than 1,000 mem

bers. Over 200 members from the association attended the world stamp exhibition on the first day, bringing 124 sets of stamps.

“Establishing a section for people with disabilities is groundbreaking. It fulfills the wish

of many disabled philatelists across China and shows the care devoted to the disabled,” he says.

As for Li, he brought his own collection entitled Disability and Recovery, int

ending to raise awareness for the disabled and motivate them on their road to recovery.

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As the state was look上海龙凤品茶微信tive ways to tackle

 the Asian carp 上海龙凤品茶微信problem, Kentucky awarded Yu its first-ever fish house contract in fall last year. Under the deal, Yu’s Kentucky Fish

Center will buy Asian carp at a guaranteed price, with part of this coming from a government subsidy.

All fish at the center will be sold by auction to buyers in the US or overseas. S

ales will be overseen by the Kentucky Department of Fish and Wildlife Resources.

Kentucky provided a secured $734,000 fixed-assets loan to help the center begin oper

ating. Additional incentives will be awarded every year based on performance.

The center needs to reach certain goals: to remove 2.26 million kg of Asian

carp from Kentucky waters this year and increase that amount gradually to just ov

er 9 million kg annually by 2024. If those goals are met, the loan will be waived.

The entire program will cost Kentucky about $4 million.

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I’m glad to know that上海千花坊品茶微信our opportunity

 to pursue furthe上海千花坊品茶微信r study while also training hard and promoti

ng sports,” Xi said in his reply to a letter written jointly by the students in April.

Xi said he had watched a number of their competitions and hailed the athletes for “fighti

ng hard to achieve excellent results and win glory for our country at major international competitions.”

“I hope you maintain your efforts, continue to build China into a l

eading sporting nation and bring more positive energy to Chinese society,” Xi added.

Established in 2003, the champions’ program is available only to world champion-caliber student athletes who hav

e won Olympic gold medals or world championship titles and their coaches. It helps them advance their academic stu

dies so they will be able to pursue a master’s degree in athletic training theories.

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Regulator warns four cities to keep property pricescheck

hina’s housing r上海龙凤1314品茶微信egulator has warned four Chine

se cities over price rises in the past three months, the Economic Observer reported.

Local governments of Foshan, Suzhou, Dalian and Nanning were urged by the Ministry of Housing and Urban-Rural Dev

elopment to stabilize land and housing prices as well as market expectations.

This came a month after six other cities were also warned over similar reasons on April 19.

Zhang Dawei, chief analyst with Centaline Property, said the main reason behind this is the real estate market in some

cities is at risk of going out of control, and the land market shows signs of overheating.

China’s house prices continued to stabilize despite slight increases

in April, according to the National Bureau of Statistics. Sixty-seven out of the 70 major Chine

se cities saw an increase in the number of newly built homes that were sold in April.

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Companies are also introducing low-price options to

 attract the young consumer group. In late May, Qunar teamed up with 33 domestic and foreign carriers, including Air China, Chi

na Eastern Airlines, China Southern Airlines, Hainan Airlines, United Airlines and All Nippon Airways, to l

aunch discounted prices for students on more than 3,000 routes, along with the concept of student flight tickets.

Students who have registered successfully with their identific

tion documents on the platform will be able to book cheaper tickets. For instance, a one-way

flight ticket from Guangzhou to Beijing can be as cheap as 460 yuan ($66.7), which is about half of the price tag – 8

62 yuan – for a second-class seat on a high-speed train. Qunar said such low-price flight tickets compared with high-spee

d trains may change the travel habits of college students and create user stickiness.

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Ministry: Foreign firms won’t disregard own interests

Enterprises in any country will not disregard their own interests and blindly follow other cou

ntries’ “political command”, Foreign Ministry spokesman Lu Kang said on Thursday, after comp

anies confirmed cooperation with Chinese telecommunications equipment maker Huawei will continue.

Panasonic made a “solemn statement” on Thursday that it is supplying Huawei normally, rebukin

g reports that it will cut parts of the component supply. British Telecom, parent group of telecom oper

ator EE, said on Wednesday Huawei will continue to supply their 5G radio network infrastructure, Xinhua reported.

China hopes that the US can take a serious attitude about going back to the negotiating table and ensure that negotiations are meaningful, said Lu.

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urged to avoid more damage to China tiesonly

Beijing urged Washington on Saturday “not to go too far” in harming China’s interest

s, and called for it to change course to avoid further damaging bilateral ties.

China firmly opposes the United States’ recent remarks and actions that harmed China’s interests, in

cluding its resorting to political means to suppress normal operations of Chinese companies, State Coun

cilor and Foreign Minister Wang Yi said in a phone call with US Secretary of State Mike Pompeo.

History and reality show that China and the US both benefit f

rom cooperating with each other, while both suffer from bilate

ral conflicts, and cooperation is the only proper choice for the two major countries, Wang said.

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China has also recently announced a strengthened reg

gime of intellectual property rights protection. Again, this is what foreign negotiat

ors are seeking, but also is important for China’s own economy as it transitions to being a technology leader.

Trade agreements can affect the types of goods being traded and they can redirect trade toward one c

ountry, away from others. They cannot directly affect any country’s worldwide current account bal

ance. A country that saves less than it invests will have to borrow foreign funds to import foreign goods to make up that difference.

There are two ways to reduce the US trade deficit. A serious recession would reduce investme

nt, but nobody advocates that as a strategy. The only other path is to change the US financial and gov

ernment system to encourage increased savings. China has almost nothing to do with it.

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by US-China trade worries. Moreover, smaller rival Lyft Inc’s s

hares plunged this week after its first earnings as a public company.

Uber was the biggest of a group of Silicon Valley startups that have spent ye

ars raising money in private rounds at record prices. Many of these companies are

now looking to follow with their own IPO. Some, like Uber and Lyft, are unprofitable.

Workplace messaging company Slack Technologies Inc plans to hold an investor presentation on Monday in adv

ance of its direct listing next month. Grocery and food delivery platform Postmates, WeWork owner The We Co

mpany and online mattress retailer Casper Sleep are among startups seeking to launch IPOs this year.

“If a venture capital investor wants to burn cash they can do that as long as they want, but on

ce you get to the public markets you have to show profitability or a path to it,” said Jordan Stuart, a por

tfolio manager at Federated Kaufmann who often purchases companies’ shares during an IPO.

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Rich Chinese parents also caught up in college admissions scandal

Paying millions of dollars to secure their children a spot at an elite college may

sound absurd to many parents, but some are willing to do this.

Nicole Shen, the Chinese mother of a high school student in Palo Alto, California, said she would be wi

lling to pay a pretty penny upfront to get her daughter admitted to a top-tier university if she could afford it. “As long as eve

rything is legal,” she added.Zhao, 52, was introduced to William “Rick” Singer, a college consultant in California and the mast

ermind behind the scandal, by Michael Wu, who worked as an adviser at the Los Angeles area branch of in

vestment bank Morgan Stanley, according to the Los Angeles Times. Wu has since been fired.

Two wealthy Chinese families have recently been in the spotlight and t

he subject of widespread discussion after media reports showed they paid huge am

ounts in a high-profile college admissions scandal. The sums they paid dwarfed the typical amount footed by US parents.

The highest-known payoff to date is the $6.5 million by billionaire Zhao Tao, president and co-founder of Shandong Buchang Pharmaceuticals Co.

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