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growing market in the Greater Bay Area requires an airport cluster to meet the incre
asing demands on traveling, business, leisure amenities and so on,” said Che 上海乌托邦品茶微信
ung-kwok Law, director of Aviation Policy and Research Center of the Chinese University of Hong Kong.
上海乌托邦A collective economic powerhouse in the making, the Greater Bay Area currently has a population of 70 million and a co
mbined GDP of 1.6 trillion U.S. dollars. Under the Outline Development Plan, five main airport
s and a batch of feeder airports in the Greater Bay Area constitute the airport cluster. 上海乌托邦品茶微信
Last year, Hong Kong International Airport and its counterpa
rt in Guangzhou, Shenzhen, Zhuhai and the Macao SAR handled more than 200 milli
上海乌托邦on passengers and over 8.3 million tonnes of cargo and air mail. In the next few years, the passenger growth rate in the G
reater Bay Area is expected to reach 7 percent, twice as many as that of the global average rate, Law forecast.
According to statistics, the Hong Kong International Airport connects to more than 220 destina 上海乌托邦品茶微信
ions by over 120 airlines. Known as the third busiest airport in terms of passenger, cargo and airc
上海乌托邦品茶微信raft movements in the Chinese mainland, Guangzhou Baiyun International Airport serves more than 75 a
irlines flying to around 210 destinations worldwide. Shenzhen International Airport, Macao Inter
national Airport and Zhuhai Airport are also developing rapidly for expansion and routes exploration. 上海乌托邦
Apart from the rich market as a key factor, the Greater Bay Area also see other adv
上海乌托邦品茶微信antages, diversified routes covering China and the world, completed infrastructure, well-run airlines such as C
hina Southern Airlines and Hong Kong’s flagship carrier Cathay Pacific, superior
services in the Greater Bay Area are all ready to serve a fast-growing appetite for aviation development, said Law. 上海乌托邦
Different development, positive interaction
To develop a world-class airport cluster, airports are require 上海乌托邦品茶微信
d to pursue differential development and positive interaction in the Greater Bay Area.
vancing Life Education Group, a provider of after-school上海乌托邦女神会所 tutoring services, said AI is also teaching children basic English
in regions where foreign teachers are scarce and local teachers may not have the best pronunciation.
Use of new technologies in online education is breaking boundaries for the nation’s students
Yang Ming, a 33-year-old immobile and partially sighted man from Ch
engde, Hebei province, never imagined he could become his family’s “financial adviser”.
However, in late April, he noticed trouble brewing in the financial statem
ents of a company whose stock was owned by his relatives, so he advised selling the shares.
Although they were reluctant at first, his relatives sold the shares at a
slight loss, but kept most of their 4,000 yuan ($578) investment intact.
A short time later, the company’s stock went into free fall when the Shanghai Stock Exchange plunged as a result of ri
sing uncertainty over trade negotiations between China and the United States.
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.
et forces, and China has never taken any measures to deliberately devalue the currency to make its exports more at
tractive, said Guo, who is also head of the China Banking and Insurance Regulatory Commission.
According to Guo, the short-term fluctuation of the RMB exchan
ge rate was normal, and the depreciation will not last long given the stable economic growth base.
“Any speculative activities to short the RMB will suffer huge losses,” he warned.
The RMB’s daily trading reference, or the central parity for onshore trading, has been stabilized arou
nd 6.89 per dollar for eight days from May 20, and market watchers said market-oriented depreciation pressure was losing steam.
Yi Gang, the central bank governor, has said several times that the PBOC has ceased
direct intervention in foreign exchange markets, and the performance of RMB is address
d to bear the brunt of the tariff hike, because the tariffs will raise t
he prices of consumer goods. Besides, the higher tariffs will deal a blow to many US industries.
China’s countermeasure will have intended effect
The results of a quantitative simulation analysis show China’s counterm
easure of imposing tariffs on $60 billion of US goo
ds will have the intended effect, as the US’ losses are set to mount. According to the simulation analysis, China’s GDP, man
ufacturing jobs, exports and imports could reduce by 0.622 percent, 1.046 percent, 3.402 percent and 1.945 percent, w
hile that of the US could dip by 0.067 percent, 0.907 percent, 2.611 percent and 3.936 percent.
aditional snacks, visitors can take in a parade involving 28 teams from Asian countries at the main venue, Xu said.
The parade, with singing and dancing, is held twice a day. Members of the public who want
to experience the food festival and parade at the main venue need to register online in advance at www.damai.cn.
During Asian Civilization Week, the public can attend several cu
ltural performances, films or exhibitions with Asian features at lower prices or free.
For example, an Asian arts exhibition will be held at the Beijing 798 Art Zone n
ext week, said Wang Xiuqin, an official from the China Arts and Entertainment Group.
“Our aim is to help more people understand Asian culture and attend related activities,” he said.