Gates Foundation commits 8M to new 4-year effort to reduce U.S. poverty
Global gross domestic product (GDP) growth in 2019 was downgraded to a "weaker-than-expected" 2.6 percent, 0.3 percentage point below previous estimate in January, the report said. Global growth is projected to inch up to 2.7 percent in 2020.
Global insurance giant Allianz announced it recently expanded its entertainment insurance business to the Chinese mainland and Hong Kong due to the region's great potential in film and performance industry.The insurer, with more than 100 years of experience in the entertainment field, released two new products in the area last Friday - film and television production insurance and event cancellation insurance.The former covers extra expenses for actors, equipment, decorations, costumes and property damage, the company said.And the latter provides guaranteed coverage for accidents that may happen at events such as a live performance, concerts, sports events and exhibitions, it said."Asia shows a great demand for entertainment insurance due to the growing number of live events and growing interest of Chinese investors in Hollywood," said Michael Furtschegger, who leads global entertainment business of AGCS.Chinese conglomerate Dalian Wanda Group, for example, acquired US-based movie making company Legendary Pictures in 2016. Domestic internet giant Alibaba Group also announced it will cooperate with Steven Spielberg in film production, circulation and investment. In 2017, China invested more than billion in Hollywood. Following only the United States, the country has become the second largest film market, who contributed about 8 percent to films' production worldwide, industrial statistics showed.Allianz, in this case, expects to seize the chance to become a market leader in Asia in three to five years, Furtschegger said.According to accounting company PwC, the annual growth rate of the media and entertainment industry expects to reach 8 percent in China in the following five years, higher than the global level of 5 percent.Income for live music performances in China reached 2 million in 2011, which is expected to reach 4 million in 2020, it said. With more Chinese audiences participating in live events, related risk will become more complicated, and may drive organizers to ask for guaranteed coverage from insurance services, experts said.
Geraci said it is difficult to balance short-term tactical measures with long-term growth. He called for dialogue among different nations to enhance mutual understanding.
Generation Opportunity’s scrutiny of Amazon’s preference for incentives shows just how?contentious that aspect of its HQ2 contest has become. Liberals and conservatives have criticized?the call for taxpayer dollars?from cities eager?to land?the 50,000 high-paying jobs Amazon promises.
Given the significantly greater speed -- up to 10 gigabits per second -- that 5G offers, the next-generation ultra-fast networks will see ways of life change more than in the 4G era, in virtually everything from how we "interact" with our cars to how we use the products in our homes.
伊宁市那个医院妇科好
Giant panda Mao Er feeds herself at the Chengdu Research Base of Giant Panda Breeding in Chengdu, Southwest China's Sichuan province, May 4, 2017. A pair of giant pandas, male He Xing and female Mao Er, will head to Copenhagen for collaborative research between China and Denmark. They will live in Copenhagen Zoo for 15 years, according to the agreement signed between the Chinese Association of Zoological Gardens and the zoo. [Photo/Xinhua]
Given the high degree of interconnectivity of the world, the importance of the HCCH will only continue to rise: A changing global environment, due to new technologies and digitization and advanced by accelerating globalization, requires strong frameworks to accommodate differences between jurisdictions that otherwise would be significant obstacles to trade, commerce, investment and mobility.
Given these common goals, China and the EU can develop a partnership to safeguard and reform the international political and economic order. Sino-EU relations are of great significance not only to both sides, but also to global development in the context of the uncertainties triggered by the US.
Gezahegn Abate, Public and International Relations Director at Ethiopia Ministry of Culture and Tourism (MoCT), said despite a steady increase in Chinese tourist numbers over the last several years, insufficient food and accommodation facilities are hampering even more growth.