DAILY DAILY| |HONG KONG EDITION EDITION Friday, December 7, 2018 ANNOUNCEMENTTuesday, July 23, 2019 || 15A1 BUSINESS Sportswear firms bet big on basketball Product designs inspired by personalities and life stories of famous players prove a hit with young Chinese consumers

By WANG ZHUOQIONG Zhang Yi, CEO of iimedia [email protected] Research, said domestic sportswear brands’ investment in basketball is Young consumers At the newly renovated retail an investment in young people’s store of Anta Sports Co Ltd in Yuyu­ immense consumption potential. love the players and an Garden, Shanghai’s oldest shop­ Xiamen­based Anta Sports made they have an ping and tourism site, the latest Klay its basketball unit its first sports cat­ Thompson shoes were sold out egory to run independently within emotional connection hours after their launch on July 13. the Anta brand since 2014. with what the player The limited­edition East Bay It means the basketball unit is Times­themed shoes got their name responsible for all sectors of busi­ wears. They are from the NBA basketball player’s ness — from planning, design and willing to pay for good habit of reading the newspaper and manufacturing to marketing, retail­ are decorated with clippings. ing and supply chain. design and products About 10,000 pairs — each priced The objectives of operating by cat­ that are worth A customer gets a pair of Anta limited edition basketball sneakers minutes after their launch at a store at 999 yuan ($145) — were sold out at egory are to give power and control in Shanghai on July 13. PROVIDED TO CHINA DAILY Anta’s 66 stores nationwide in a day. to each category so that they can competing for.” In the United States, where only focus on the consumer groups with Cai Zhiben, head of 200 pairs of Thompson’s KT4 news­ most potential, said Christina Li, Anta’s basketball unit said Cai. “They are willing to pay for Last year, Anta’s collaboration outlet offering affordable products paper­inspired shoes were available, vice­president of Anta Group. But good design and products that are with NASA led to sales of 10,000 to those who focus on function and about 200 people lined up at the innovation takes painstaking effort. worth competing for.” pairs of shoes. This year, Anta has are more price sensitive. Oaklandish store on Broadway in “We have to motivate and mobilize In 2018, Anta sold 4 million pairs joined hands with leading brands Liu Chong, deputy director of the Oakland on July 7. all resources from different depart­ 4 million of basketball shoes, ranking No 1 in including Marvel, Coca­Cola, and Anta retail center, said communi­ They sold out quickly and were ments to work collectively for our pairs the market. This year sales of KT the Palace Museum, resulting in a cating with young consumers is key soon being offered on the secondary basketball category,” said Cai Zhiben, basketball shoes Anta sold in shoes are expected to reach 1 million strong sales performance. to store layout and design. For market for $2,500, about $2,300 head of Anta’s basketball unit. 2018, ranking No 1 in the market pairs. First half financial reports show example, the KT shoe display sec­ more than they originally cost. The company has expanded its In addition to the KT series, Anta the retail revenue of Anta­branded tion has become an attraction for The shoes are the fourth genera­ Anta branded network and custom­ basketball has rolled out a continu­ products has grown 10 to 20 percent young consumers to visit, take pho­ tion of Anta’s collaboration with er base by being positioned as an $2,500 ous product portfolio including and its other brands have increased tos and order personalized designs. Thompson and are proof of how the affordable brand. Cai said after products featuring rising basketball 60 to 65 percent compared with the Anta Sports’ rise came after a company’s strategy change has ele­ intensive research, they decided to price offered in the secondary player Gordon Hayward of the Bos­ same period last year. series of mergers and acquisitions of vated Anta’s basketball section. focus on young college students. market for Thompson’s KT4 ton Celtics. Hayward is expected to To attract younger consumers, leading international sports brands. newspaper­inspired shoes in For many domestic sportswear “Once we know to whom we are tour with Anta in several cities next the United States, $2,300 more Anta has renovated its retail stores A consortium led by Anta Sports companies, dominating the basket­ selling, everything becomes easier than they originally cost month. to include screens, multiple floors completed the purchase of Finnish ball segment means dominating the and more focused,” he said. Seeing the success of the basket­ and localized content. sporting goods company Amer whole market. In June, 361 degrees, Cai said concentrating on a cer­ ball unit, since the end of last year, The first floor of the three­story, Sports on April 11, making Anta the a leading domestic sportswear com­ tain age group has strengthened range and product type that Anta Anta has restructured to create 3,000­square­meter flagship store world’s third­largest sportswear pany, released a branding plan to penetration, made marketing more had never tried previously. independent training, running and in Yuyuan Garden is dedicated to maker by market value after Adidas focus on basketball. In the next precise, and pricing more accurate, Cai said product designs were sports life units. limited­edition brands and local­ and Nike. three years, 361 degrees plans to resulting in more visible financial inspired by the personalities and life The initiative has shown Anta’s ized content or collaborations with The group itself owns a wide operate 1,000 basketball courts in returns. stories of players. determination to help brands be renowned designers. range of world­leading brands first­ and second­tier cities to build One of the biggest innovations of “Young consumers love the play­ more flexible and respond more The second floor hosts AntapluS, through frequent acquisitions, brand awareness among young con­ the basketball unit is to develop lim­ ers and they have an emotional con­ quickly to consumer and market a high­end lifestyle yoga brand and including Arc’teryx, Fila, Descente sumers in these areas. ited­edition products — a price nection with what the player wears,” needs, said Li. Anta Kids. The top floor serves as an and Sprandi.

NOTICE OF CREDITORS’ MEETING NOTICE OF CREDITORS’ MEETING NOTICE OF IN THE HIGH COURT OF THE IN THE HIGH COURT OF THE HONG KONG SPECIAL HONG KONG SPECIAL APPLICATION FOR ADMINISTRATIVE REGION ADMINISTRATIVE REGION COURT OF FIRST INSTANCE COURT OF FIRST INSTANCE PLANNING APPLICATION IN BANKRUPTCY PROCEEDINGS IN BANKRUPTCY PROCEEDINGS INTERIM ORDER APPLICATION NO. INTERIM ORDER APPLICATION NO. HCBI 291 OF 2019 HCBI 277 OF 2019 Notice is hereby given to the Individual Voluntary Arrangement Individual Voluntary Arrangement owner of Lot 769RP(Part) in Re: MOK YIU KONG Re: KWAN HOI SHING NOTICE is hereby given that the Creditors’ NOTICE is hereby given that the Creditors’ DD 99, San Tin, Yuen Long, Meeting summoned by interim order made on Meeting summoned by interim order made on New Territories that we intend 19th July 2019 to consider the proposal for a 19th July 2019 to consider the proposal for a voluntary arrangement of the above-named voluntary arrangement of the above-named to apply for planning permission debtor will be held at the office of Alex Chung debtor will be held at the office of Alex Chung & Company, Certified Public Accountants, of & Company, Certified Public Accountants, of under section 16 of the Town Unit 05, 18/F., Telford House, 16 Wang Hoi Unit 05, 18/F., Telford House, 16 Wang Hoi Road, Kowloon Bay, Kowloon, Hong Kong on Road, Kowloon Bay, Kowloon, Hong Kong on Planning Ordinance for a 9th August 2019 at 3:00 p.m. 9th August 2019 at 3:00 p.m. Temporary Container and Goods Creditors can obtain a copy of (i) the Debtor’s Creditors can obtain a copy of (i) the Debtor’s proposal, (ii) the summary of statement of proposal, (ii) the summary of statement of Vehicle Park with Ancillary Site affairs, (iii) the nominee’s comments on the affairs, (iii) the nominee’s comments on the proposal, (iv) a form of proxy, (v) a notice proposal, (iv) a form of proxy, (v) a notice Office, Vehicle Repair Area, of claim form and (vi) the important notes to of claim form and (vi) the important notes to Staff Canteen and Storage Uses the notice from the office of Alex Chung & the notice from the office of Alex Chung & Company, Certified Public Accountants, of Company, Certified Public Accountants, of for a period of three years. Unit 05, 18/F., Telford House, 16 Wang Hoi Unit 05, 18/F., Telford House, 16 Wang Hoi Road, Kowloon Bay, Kowloon, Hong Kong. Road, Kowloon Bay, Kowloon, Hong Kong. Most Rich Investment Limited Dated this 23rd July 2019 Dated this 23rd July 2019 Chung Cheuk Ming Chung Cheuk Ming Nominee Nominee July 23, 2019

NOTICE OF CREDITORS’ MEETING NOTICE OF CREDITORS’ MEETING NOTICE OF CREDITORS’ MEETING IN THE HIGH COURT OF THE IN THE HIGH COURT OF THE ------HONG KONG SPECIAL HONG KONG SPECIAL IN THE HIGH COURT OF THE ADMINISTRATIVE REGION ADMINISTRATIVE REGION HONG KONG SPECIAL COURT OF FIRST INSTANCE COURT OF FIRST INSTANCE ADMINISTRATIVE REGION IN BANKRUPTCY PROCEEDINGS IN BANKRUPTCY PROCEEDINGS COURT OF FIRST INSTANCE INTERIM ORDER APPLICATION NO. INTERIM ORDER APPLICATION NO. HCBI 293 OF 2019 HCBI 278 OF 2019 BANKRUPTCY ORDINANCE Individual Voluntary Arrangement Individual Voluntary Arrangement INTERIM ORDER APPLICATION Re: CHAN HOI LEE Re: WONG KEI CHUN HCBI NO. 246 OF 2019 NOTICE is hereby given that the Creditors’ NOTICE is hereby given that the Creditors’ Re: LIU, TAK MING the Debtor Meeting summoned by interim order made on Meeting summoned by interim order made on (Hong Kong Identity Card No. 19th July 2019 to consider the proposal for a 19th July 2019 to consider the proposal for a K280XXX(X)) voluntary arrangement of the above-named voluntary arrangement of the above-named NOTICE is hereby given that the Creditors’ debtor will be held at the office of Alex Chung debtor will be held at the office of Alex Chung Meeting summoned by interim order made & Company, Certified Public Accountants, of & Company, Certified Public Accountants, of Unit 05, 18/F., Telford House, 16 Wang Hoi Unit 05, 18/F., Telford House, 16 Wang Hoi on 5 July 2019 to consider the proposal Road, Kowloon Bay, Kowloon, Hong Kong on Road, Kowloon Bay, Kowloon, Hong Kong on for a voluntary arrangement of the above- 9th August 2019 at 3:00 p.m. 15th August 2019 at 3:00 p.m. named debtor will be held at the office of the Nominee at Wing United CPA Limited, Creditors can obtain a copy of (i) the Debtor’s Creditors can obtain a copy of (i) the Debtor’s proposal, (ii) the summary of statement of proposal, (ii) the summary of statement of Suite 2302, 23/F., Seaview Commercial affairs, (iii) the nominee’s comments on the affairs, (iii) the nominee’s comments on the Building, 21 Connaught Road West, proposal, (iv) a form of proxy, (v) a notice proposal, (iv) a form of proxy, (v) a notice Sheung Wan, Hong Kong on 1 August 2019 of claim form and (vi) the important notes to of claim form and (vi) the important notes to at 2:30 p.m. the notice from the office of Alex Chung & the notice from the office of Alex Chung & A copy of (i) the Debtor’s Proposal, (ii) Company, Certified Public Accountants, of Company, Certified Public Accountants, of the statement of affairs, (iii) the nominee’s Unit 05, 18/F., Telford House, 16 Wang Hoi Unit 05, 18/F., Telford House, 16 Wang Hoi Road, Kowloon Bay, Kowloon, Hong Kong. Road, Kowloon Bay, Kowloon, Hong Kong. comments on the proposal, (iv) a form of proxy, (v) a notice of claim form and (vi) Dated this 23rd July 2019 Dated this 23rd July 2019 the important notes to the notice can be Chung Cheuk Ming Chung Cheuk Ming obtained from the Nominee’s office as Giving program lift Call of the wild AVIC subsidiary welcomes pilots, Nature photographer uses work to advocate for crews to customer service center Nominee Nominee stated above (Ref: AHC/IVA/2019/006). preservation of endangered animals PEOPLE, PAGE 10 IMAGE, PAGE 12 CHINADAILY Dated this the 23rd day of July 2019 FRIDAY, May 3, 2019 www.chinadailyhk.com HK $8 Diving in with both feet Sino­US talks on trade seen Cheung Hok Hin, Alan as productive

Negotiators from two sides aim to meet next week in Washington to continue NOTICE OF CREDITORS’ MEETING By ZHONG NAN, REN XIAOJIN a professor of international trade NOTICE OF CREDITORS’ MEETING Nominee and JING SHUIYU at the University of International Hong Kong Business and Economics in Bei­ Vice­Premier Liu He, US Trade jing. Representative Robert Lighthizer James Collins, CEO of Corteva and Treasury Secretary Steven Mnu­ Agriscience, the agricultural divi­ chin met in Beijing from Tuesday to sion of US­based DowDuPont, said Wednesday for the 10th round of he hopes the two countries will IN THE HIGH COURT OF THE trade talks between China and the reach a positive resolution, to bene­ United States. fit both countries and the rest of the IN THE HIGH COURT OF THE The two sides are working on put­ world. Collins said his firm was “not ting bilateral trade on a stronger so much affected” in the short term footing, and the latest meetings by China­US trade tensions. were productive, Mnuchin wrote on The company will consider add­ Inside News Awards his Twitter account, without giving ing employees, research and field details. development resources to expand in Hong Kong tackles Tourists visit an underwater attraction in Qinhuangdao, Hebei province, on Thursday during the May Day holiday. CAO JIANXIONG / FOR CHINA DAILY A Chinese team is scheduled to the Chinese market over the coming high cost of living HONG KONG SPECIAL visit Washington next week for years, he said. SPOTLIGHT, PAGE 16-17 HONG KONG SPECIAL another round of talks, Xinhua Ministry of Commerce spokes­ Chinese fashion News Agency reported. man Gao Feng said last month that Liu is also a member of the Politi­ the two countries’ negotiating designers enter cal Bureau of the Communist Party teams are hashing out the text of a CHINADAILY world stage GLOBAL WEEKLY Communication key to shared future for mankind of China Central Committee and deal, including an enforcement APRIL 19-25, 2019 LIFE, PAGE 28 chief of the Chinese side of the Chi­ mechanism, based on mutual By ZHOU SHUCHUN published by the Qiushi journal on Inside cators should further play up their na­US comprehensive economic respect and benefit. Both coun­ ADMINISTRATIVE REGION May 1, Xi wrote that “civilization special role in advancing under­ dialogue. tries, the world’s two biggest econ­ The Conference on Dialogue of becomes colorful because of standing, deepening friendship China and the US have been expe­ omies, have been intensifying ADMINISTRATIVE REGION See more, page 2 WORLD WATCH Asian Civilizations, which will be exchanges, and abundant because and expanding cooperation in the diting their economic and trade their consultations and aiming to held later this month following the of mutual learning”. He urged fast­changing world. They should consultations, with a goal of imple­ break the deadlock in a timely By XxxxxXie Fuzhan xxxxx proposal of President Xi Jinping, nations to “seek wisdom, absorb future for mankind illuminate the push world progress in the right menting the consensuses President manner. demonstrates China’s deep think­ nutrition from different civiliza­ world. historical direction while promot­ Xi Jinping and US President Donald In the ninth round of trade con­ ing and responsibility for promot­ tions, provide the people with spiri­ The world, which is going ing exchanges among civilizations Trump reached in December, said sultations, negotiators discussed ing the tual support and comfort for their through a phase of adjustment that and mutual learning. Xue Rongjiu, deputy director of the technology transfers, protection of COURT OF FIRST INSTANCE development of soul, and join hands to resolve com­ features huge development and First, we should act as promoters China Society for WTO Studies in intellectual property rights, non­tar­ China plays civilization in mon challenges of various kinds fundamental changes, faces great of exchanges among human civili­ Beijing. iff measures, the service sector, agri­ COURT OF FIRST INSTANCE Asia and the confronting human beings”. and unfamiliar turbulent situa­ zations. The mutual dependence, China has made various moves culture, trade imbalances and world. The con­ Apart from proposing to build a tions — the overall trends of peace exchanges and learning of different recently to expand the new round enforcement mechanisms. key role in ference will have community of shared future for and development are irreversible, civilizations give shape to the abun­ of reform and opening­up — such Trade between China and the US great and far­ mankind in his speech at the head­ while instability and uncertainty dant and colorful world today. As as the approval of the Foreign amounted to 815.86 billion yuan reaching signifi­ quarters of the United Nations in are prominent. Some problems and the UNESCO Universal Declaration Investment Law in March and fur­ ($121.7 billion) in the first quarter of open global cance to the September 2015, and in his report challenges are unprecedented, and on Cultural Diversity points out, ther facilitating trade connectivity the year, an 11 percent year­on­year construction of a community of for the 19th National Congress of the international community faces cultural diversity “is the common under the Belt and Road Initiative. decline, according to the General IN BANKRUPTCY PROCEEDINGS shared future for mankind. the Communist Party of China in crucial choices concerning the heritage of humanity”. The diversity It will continue opening its market Administration of Customs. In economy IN BANKRUPTCY PROCEEDINGS The history of humanity is one of October 2017, Xi has pledged on dif­ future of the world and the fate of of human civilizations is a basic in a proactive, steady and orderly March, Sino­US trade climbed 0.1 the coexistence and joint develop­ ferent occasions to build a peaceful, humanity. characteristic of the world, as well manner, in accordance with its percent to 291.35 billion yuan, Last month, President Xi Jin- ment of multiple civilizations. In safe, prosperous, open, inclusive, As an important power promot­ as a source of the progress of own development needs and its according to the administration. ping successfully concluded his his article on exchanges among civ­ clean and beautiful world to let the ing human development and own pace and timetable, to benefit state visits to Italy, Monaco and ilizations and mutual learning, sunshine of a community of shared progress, international communi­ See Shared future, page 2 Chinese and global consumers Contact the writers at zhong­ France, which gave strong impe- across the world, said Tu Xinquan, [email protected] tus to the development of the China-EU relationship. At a new INTERIM ORDER APPLICATION NO. starting point in the development of this relationship, it is impor- INTERIM ORDER APPLICATION NO. National anthem clip in center stage on social media tant to look at China-EU ties and the international order. Since the global financial crisis By LUIS LIU and TOMMY YUEN eo on their websites and social national anthem — March of the Vol­ Also starring in the video were of 2008, the international order in Hong Kong media accounts. unteers. Born in Germany and Canto­pop stars Alan Tam Wing­ has entered a period of deep The video came as the city’s Legis­ raised in Canada, Zeman became a lun and Cally Kwong Mei­wan; adjustment and transforma- A video of Hong Kong elites and lative Council is deliberating over a naturalized citizen of China after Wong Yuk­shan and Stanley Ng tion. The rise of a large number young students alike singing the national anthem bill, with a desig­ renouncing his Canadian citizen­ Chau­pei, Hong Kong deputies to of emerging markets and devel- HCBI 297 OF 2019 national anthem grabbed the spot­ nated bills committee scrutinizing ship in 2008, having been in Hong the National People’s Congress; oping countries has accelerated HCBI 292 OF 2019 light on the city’s social the proposal. Kong since the 1970s. and former secretary for food and the development of a multipolar media on Thursday. More than 200 dignitaries, includ­ “Singing the national anthem in health, Ko Wing­man. world and changes in the global The three­minute clip, ing military veterans, scholars, and Chinese, I felt very, very patriotic. I Students also participated, and landscape and balance of power. featuring people from all heavyweights in politics, business, felt very, very good,” Zeman said. local educators spoke highly of the Now emerging markets and Scan to walks of life at a flag­rais­ sports and entertainment, joined Fok Kai­kong, CYA chairman and event. “When children have a coun­ developing countries contribute watch ing ceremony at the land­ the event set as a “flash mob”. a member of the National Commit­ try and a home where they belong, more than 78 percent to world economic growth. These coun- the video mark Golden Bauhinia Among the participants was star tee of the Chinese People’s Political they can find a sense of belonging. Individual Voluntary Arrangement Square in Wan Chai, was actor Jackie Chan, who said after the Consultative Conference, also joined They can learn about love and tries also account for more than 40 percent of the world’s total part of a project by the Committee ceremony that he was excited to be a the chorus, together with his wife Individual Voluntary Arrangement faith,” said Lee Ming­chu, principal economic output. of Youth Activities to mark the 70th part. “I feel very proud to be Chi­ Guo Jingjing, former Olympic diver of local kindergarten Yau Yat Chuen Today’s world has witnessed anniversary of the founding of the nese,” he said. and four­time gold medalist. School. Vice­Premier Liu He (center) meets with US Trade Representative conflicts and hot spot issues. People’s Republic of China. Allan Zeman, Hong Kong busi­ The national anthem brings back Robert Lighthizer (right) and Treasury Secretary Steven Mnuchin in Nontraditional security threats Almost all mainstream media nessman and renowned founder of memories of a proud endeavor every Contact the writers at Beijing during the 10th round of high­level economic and trade con­ like climate change, cybersecu- outlets in Hong Kong posted the vid­ Lan Kwai Fong, also sang the time one listens to it, Fok said. [email protected] sultations, which took place from Tuesday to Wednesday. XINHUA rity, refugee crises and terrorism continue to spread and harm the Re: WONG CHAK LAM CHALMERS international community. Protectionism and unilateral- Re: FONG SZE WUN INSIDE ism are prevalent in some coun- CHINESE SKIERS HIT THE SLOPES IN EUROPE tries. Fragmentation of interna- As more ◆ tional mechanisms and rules has Successful Winter Olympics bid spurs sports industry hampered the multilateral trad- Chinese ing system and proved to be an travel, pets impediment to an open world By WANG MINGJIE in London from 9.6 million in 2015, a rise of 37.5 tain Tourism, said the skiing industry Even a small number of Chinese ski­ economy. live it up in [email protected] percent, according to the latest China is growing rapidly in China, driven ing fans making their way to Europe The global governance system Ski Industry White Paper. by strong support from the govern­ could have a major positive econom­ has found it hard to address these

the lap of eijing’s successful bid to host The white paper shows the num­ ment. “At this stage, the market ic impact on resorts. DAILY CHEN / CHINA SONG global challenges. luxury the 2022 Winter Olympics ber of ski resorts in China has grown potential remains mostly untapped,” St. Anton am Arlberg, a popular Even as the trend toward NOTICE is hereby given that the Creditors’ a multipolar world, economic has been the catalyst for the by 81 percent over the past five years, he said. ski resort in the Tyrolean Alps in Aus­ BizLife, page 14 B globalization, information tech- NOTICE is hereby given that the Creditors’ rapid growth of winter sports in Chi­ to 742 nationwide. In Europe, most markets have a tria and the gateway to the Arlberg na. The central government aims to mature profile and face the challen­ skiing region, has found a way to nology application and cultural It has also seen European ski raise the number of winter sports ges of an ageing society, meaning court the Chinese market. diversity evolves further, the resorts raise their game after stagnat­ participants in China to 300 million lower returns from their customer Known as the “cradle of alpine ski­ future of the world has never been as closely linked as it is ing because of an ageing baby­boom­ by 2022, and estimates the value of base and of worldwide competition, ing”, the resort invited the Chinese © 2019 China Daily , All Rights Reserved , Vol.23 — No. 6863 Tax reductions in By ANDREW MOODY rior Design and Construction, Shu Wenbin, is today. er generation and a wider range of the winter sports industry will reach with holidaymakers having more national skiing team to train on its [email protected] one of them and said he believes the 2 trillion While a new international alternative leisure pursuits. 1 trillion yuan ($149 billion) by 2025. choice of winter activities. slopes during the winter season. the private sector yuan ($298.8 billion) in tax cuts and fees, order is being built, hegemonism A member of the Meeting summoned by interim order made on The number of skiers in China Laurent Vanat, author of the Inter­ Ski operators in Europe are look­ illions of private business entre- mostly targeted at small and micro-businesses and power politics still exist, and Asia News Network set to boost China’s Meeting summoned by interim order made on reached 13.2 million last year, up national Report on Snow and Moun­ ing east to tap the potential market. See Skiing, page 3 preneurs in China are set to in the Government Work Report on March 5, protectionism and unilateralism small businesses benefit from large-scale tax cuts, will give his company a major boost. are still prevalent. which take effect this month.

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19th July 2019 to consider the proposal for a page the winter season.

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gateway to the Arlberg

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voluntary arrangement of the above-named resorts.

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making their way to Europe

of Chinese ski­

number Global Weekly Vol. 1 — No. 15 AUD4, BND2, BWP7, CHF3, EUR3, GBP2, HKD6, IDR8,500, INR20, JPY400, KHR4,000, KRW2,000, LSL10, MWK500, MYR2, MZN40, NAD10, SGD3, SZL10, USD3, ZAR10, ZMW8, ZWD250

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small businesses

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protectionism and unilateralism in the Government Work Report on March 5, preneurs in China are set to set to boost China’s

and power politics still exist, and mostly targeted at small and micro-businesses illions of private business entre-

order is being built, hegemonism the private sector yuan ($298.8 billion) in tax cuts and fees, sultations, which took place from Tuesday to Wednesday. XINHUA

While a new international one of them and said he believes the 2 trillion [email protected]

Beijing during the 10th round of high­level economic and trade con­

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today.

rior Design and Construction, Shu Wenbin, is By ANDREW MOODY By Hong Kong Edition has been awarded Robert Lighthizer (right) and Treasury Secretary Steven Mnuchin in

been as closely linked as it is

Vice­Premier Liu He (center) meets with US Trade Representative

& Company, Certified Public Accountants, of future of the world has never

& Company, Certified Public Accountants, of diversity evolves further, the

nology application and cultural

globalization, information tech-

a multipolar world, economic

Even as the trend toward

SONG CHEN / CHINA DAILY global challenges.

has found it hard to address these

The global governance system

Unit 05, 18/F., Telford House, 16 Wang Hoi economy.

Unit 05, 18/F., Telford House, 16 Wang Hoi impediment to an open world

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hampered the multilateral trad-

tional mechanisms and rules has

tries. Fragmentation of interna-

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Protectionism and unilateral-

international community.

Road, Kowloon Bay, Kowloon, Hong Kong on continue to spread and harm the

Road, Kowloon Bay, Kowloon, Hong Kong on rity, refugee crises and terrorism

like climate change, cybersecu-

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Today’s world has witnessed

economic output. prizes

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9th August 2019 at 3:00 p.m. more than 78 percent to world

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12 world and changes in the global

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adjustment and transforma-

at Hong Kong News Awards has entered a period of deep

Creditors can obtain a copy of (i) the Debtor’s of 2008, the international order Creditors can obtain a copy of (i) the Debtor’s Since the global financial crisis

the international order. consecutively since 2010 from the tant to look at China-EU ties and

of this relationship, it is impor- starting point in the development proposal, (ii) the summary of statement of China-EU relationship. At a new proposal, (ii) the summary of statement of Hong Kong News Awards, organized by affairs, (iii) the nominee’s comments on the affairs, (iii) the nominee’s comments on the proposal, (iv) a form of proxy, (v) a notice proposal, (iv) a form of proxy, (v) a notice the Newspaper Society of Hong Kong. of claim form and (vi) the important notes to of claim form and (vi) the important notes to the notice from the office of Alex Chung & the notice from the office of Alex Chung & Company, Certified Public Accountants, of Company, Certified Public Accountants, of Unit 05, 18/F., Telford House, 16 Wang Hoi Unit 05, 18/F., Telford House, 16 Wang Hoi Road, Kowloon Bay, Kowloon, Hong Kong. Road, Kowloon Bay, Kowloon, Hong Kong. NEWSLETTER Dated this 23rd July 2019 Dated this 23rd July 2019 The best of China Daily news delivered right into your email box absolutely free Chung Cheuk Ming Chung Cheuk Ming < Subscribe now Nominee Nominee