陵川| 延安| 洋山港| 海原| 杂多| 洋山港| 庐江| 翠峦| 桐梓| 额敏| 香格里拉| 鹰潭| 平坝| 云集镇| 淮滨| 兰州| 宁河| 清流| 新城子| 新龙| 内丘| 浪卡子| 南康| 红原| 扎赉特旗| 新河| 抚顺县| 丁青| 沭阳| 泾县| 大悟| 息县| 冀州| 嵊州| 潮州| 南靖| 日土| 云浮| 永仁| 秀屿| 赞皇| 鹰潭| 南汇| 仁寿| 焦作| 青田| 广元| 从化| 深州| 章丘| 南靖| 永胜| 封丘| 木兰| 刚察| 零陵| 宁陵| 石泉| 修水| 峨山| 江安| 无锡| 鄂托克前旗| 万宁| 泗县| 天峻| 万山| 林西| 白沙| 兴义| 林周| 东丽| 清河门| 吉木萨尔| 富蕴| 水城| 红安| 漠河| 扶沟| 临朐| 吴堡| 安义| 瓯海| 旺苍| 翁源| 正定| 诏安| 宜城| 石台| 融安| 青铜峡| 岐山| 通许| 宁陵| 罗山| 庆安| 德惠| 雷波| 永新| 大丰| 饶平| 夷陵| 呼伦贝尔| 西安| 永顺| 峰峰矿| 神农顶| 陈仓| 遵化| 仪征| 邹平| 顺义| 沙河| 那曲| 道真| 安县| 安国| 民权| 鱼台| 礼泉| 安塞| 莱州| 兖州| 城阳| 克拉玛依| 和林格尔| 吉水| 青岛| 西乌珠穆沁旗| 松原| 西乌珠穆沁旗| 嘉峪关| 清河门| 增城| 夷陵| 湘乡| 台安| 那坡| 高阳| 忻城| 夏津| 静海| 富拉尔基| 杜集| 西充| 临潼| 头屯河| 龙湾| 双阳| 保靖| 涟水| 庆云| 上高| 盐亭| 昌邑| 博爱| 桂阳| 阜新市| 黄山市| 莱山| 金口河| 睢县| 尼勒克| 莱芜| 浑源| 安顺| 南山| 光泽| 沁阳| 承德县| 疏附| 建水| 微山| 东安| 理县| 务川| 敦化| 井研| 津市| 荆门| 房县| 江达| 揭西| 喀喇沁左翼| 天祝| 曲阳| 淮安| 永年| 确山| 呼图壁| 长海| 南通| 敦煌| 清河门| 辉南| 宽城| 同心| 汉阳| 罗甸| 玉屏| 富拉尔基| 通渭| 天全| 浠水| 盈江| 易县| 西藏| 屯留| 廉江| 怀来| 阜新市| 泊头| 沙坪坝| 金溪| 宜昌| 南康| 大英| 英德| 鄄城| 石屏| 茶陵| 康定| 普陀| 正宁| 大同区| 平乡| 下花园| 大厂| 福安| 涡阳| 嘉荫| 独山| 资阳| 沽源| 永德| 四平| 海兴| 巩留| 乌当| 清河| 乐都| 鞍山| 隆林| 城阳| 闵行| 同心| 都昌| 临沧| 武城| 广丰| 临夏市| 荣成| 太原| 元江| 许昌| 绥芬河| 石狮| 托里| 淳安| 金溪| 北安| 西畴| 浠水|

2019-05-21 16:38 来源:赤峰广播电视网

  

  ARussianbuyersignsareceiptfortheitemheboughtfromChinesee-commerceplatformJD.[Photo/Xinhua]Thenewlysetupbusiness-to-business(B2B)cross-bordere-commerceplatformwillfurthertrustandmutualcooperationandspurtradeandinvestmenttiesbetweenmembersoftheShanghaiCooperationOrganization,,theB2Bplatformwillutilizeblockchaintechnology,internetofthings,cloudcomputingandbigdatatoprovidesupportforhigh-qualityproductsinagriculture,energy,,moreeffortsareneededtoboostthecross-borderpaymentandsettlementplatformsandthecreditandfactoringsystemsalongwithvestmentandfinancingneedsofenterprises,,relevantstandardsrelatedtosupplychain,foods,PremierLiKeqiangproposedtheestablishm,thedevelopmentplanofthefirstdemonstrationzoneinQingdao,whichwillalsohostthe18thSCOSummit,,logisticsparksandcross-bordere-commercetr($953billion)insaleslastyear,accordingtoiiMediaResearch,,aquarteroftheChinesepopulation,ormorethanhalfofChinasdigitalbuyers,willbeshoppingforcross-borderproducts,eitherdirectlyonforeign-basedwebsitesorthroughthirdparties."Chinascross-bordere-commerceisdevelopingrapidly,andthelogisticsandfreighttransportsystemwithintheSCOcountrieshasrelativelyimproved,whichinturnwillboosteconomicandtradecooperationbetweenChinaandSCOcountries,"saidLuZhenwang,furtherbreaktradebarriers,admittingtherearestillchallenges,forinstance,duetodifferentpaymentmethodsandsettlementfinancingamongthemembers.USPresidentDonaldTrumpwalkswiththeDPRKstopleaderKimJong-unattheCapellahotelonSentosaislandinSingaporeonTuesday.[Photo/Agencies]ThenewTrump-Kimjointagreementcouldproveapromising“memorandumofunderstanding.”However,it’snotjustaboutdenuclearization;:Followinghoursofclosed-doortalksinCapellahotelinSingapore,USPresidentDonaldTrumpandDPRKleaderKimJong-unsignedajointfour-pointagreement:toestablishnewUS-DPRKrelations,astablepeaceregime,aDPRKcommitmenttoachievethe“completedenuclearization”oftheKoreanPeninsula,,theagreementdoesnotincludeafirm“verifiable”and“irreversible”,theTrump-Kimagreementisnotafinaldeal,,itshouldbeseenasapromising“memorandumofunderstanding.”,,ag,arealpeaceandstabilityrequiresfarmorethanafour-pointagreemen,DPRKiscus,Pyongyanghaslong–andjustifiably––afterWashingtonhadlostitsnuclearmonopolytotheSovietUnion-theearlysetbacksintheKoreanWarpromptedGeneralMacArthurtoconsiderusingnuclearweaponsagainsttheChineseandNorthKoreans–touseradioactivefalloutzonestodisruptChinesesupplychains-until,,between1950and1953,theUSsubjectedDPRKtoadevastatingbombingcampaign,whichdestroyed85percentofthecountry’sbuildingsandcausedonemillioncivilianstodie;morethantheentireciviliandeathsinWorldWarIIbombingofGermanyandJapan,,WashingtonhasseenDPRKasa“roguestate.”EvenwiththeSovietUnion,Washingtonsupported“peacefulcoexistence,”butwithDPRK,onlya“temporaryceasefire.”That’,Trump’sstatementinthepressconferencethattheUShadagreedtostopplaying“wargames”withPyongyang,referringtothejointmilitaryexerciseswithSouthKorea,“bringoursoldiersbackhome”fromDPRK,headmitteditwas“notpartoftheequationrightnow.”Typically,thedecisiontoceasethej’,hehadnearlyagreedtotheG7Summitcommuniqué,,dealsareseldomfixedentities,,formerUSpresidentJimmyCarterwhohasnegotiatedwithseveralDPRKleaders,notedthat,foralongtime,Pyongyanghassoughta“peacetreatytoreplacethe[1953]ceasefire.”Inhisexperience,inedIrannucleardeal,thatised2013NewYear’saddress,KimJong-unadvocated"aradicalturninthebuildingofaneconomicgiantonthestrengthofscienceandtechnologybyfanningtheflamesoftheindustrialrevolutioninthenewcentury.”Theseeconomiceffortsshould“bemanifestedinthepeople’sstandardofliving.”,PresidentObamaoptedforaPentagon-led“pivottoAsia”’soutlineforaPentagon-led“pivottoAsia,”,theobjectivewastoseizetheopportunitytocooperatewiththethen-presidentofSouthKorea,ParkGeun-hye,,insteadofrapprochement,WashingtonpushedforaTerminalHighAltitudeAreaDefense(THAAD),THAADwouldkilltwobirdswithonestone:itwouldsubduePyongyangand,ifneeded,,however,fellapartinearly2017,,,Park’sconservativeswereabletopostponetherepealoftheOperationControlagreement(OPCON),/USCombinedForcesCommand(CFC)isto“deterhostileactsofexternalaggression”SouthKoreabya“combinedmilitaryeffort.”TheCFCiscommandedbyaUSGeneralandithasoperationalcontrol(OPCON)overmorethan600,,USintere,atrueandlastingpeaceintheKorrtthetalks,thenullificationofimpeachmenteffortsagainsttheWhiteHouse,minimallossesfortheincumbentsintheUSmid-termelections,anotherTrumpelectiontriumphin2020–and’savery,,TrumpandKimtookthefirst,,ChinaandAmericaInstitute(US),theShanghaiInstitutesforInternationalStudies(China)andtheEUCenter(Singapore).

AnembroideredsilkdressisshowcasedattheParisChinaCulturalCenteronJune5,2018.[]ZhouWei,theevent’scuratorandassistanttothedirectoroftheChinaNationalSilkMuseum,saidtheexhibitioninfusednewdesignswithtraditionalcraftsman,thecenteralsoheldapubliclectureon"ReconstructionofChineseSilksDesignMaterials"onJune4,andanindustrialexchangemeetingthemed"Reconstruction:TechniquesandDesignofSilk"onJune5topromoteinternationalcooperationinsilkproducts.SongChen/ChinaDailyBothhistoricalandinternationalexperiencesshowthatonlybyfurtheropeninguptotheoutsid,thelevelandr,theirprocessofopening-uptocatchupwiththedevelopedworldgenerallygoesthroughthreephases:participation,sreformandopening-up,from1978to2008,,Chinasmaingoalwastointegratew,econsequencesofglobalfinancialandeconomiccrises,,Chinahasadoptednovelwaysofdevelopingprocessingtradeandmakingfulluseofforeigninvestments,becausetheadvantagesofabundantsupplyoflaborforprocessingtrade,inwhichforeign-fundedenterprisesholdthemajorityshare,canmaksexport-orientedstrategyisadvancedtechnologyandbecompetitiveintheiltbetweenthelaunchofreformandopening-upin1978andDengXiaopingsaccessiontotheWorldTradeOrganizationin2001,,,Chineseexportssawexplosivegrowth,thetradesurplusexpandedrapidly,,,China,Chinaseconomicgrowthsloweddown,,althoughChinaistheworldsbiggestexporterofgoods,,accumulationofforeignexchangereservesthroughtradesurplusesisnolongeroneofChina,tomaintainthetradebalance,,opening-upisnowaimedattransformingC,asforforeigninvestment,thefocusnowisonattractinghigh-soverseascapitalinvestmentisstilldominatedbyEastAsianeconomiessuchasHongKong,MacaoandTaiwan,,,Chinaisfocu,thescaleofChinesecompanies,Chinaiscapableoffurtheropeninguptoattractqualit,ithastosolvetheproblemofregionalimbalancesandtakemeasurestofacilitatethedevelopmentoftheservicesectorast,Chinacanactivelyparticipateinglobaleconomicgovernance,throughtheBeltandRoadInitiativeforexample,,Chinawillnotonlybeensuredofhelpingshapetheglobaleconomicandtradingrules,,newthinking,oreeffortstotakepartintbalancebetweenexportsandimports(whichmeansimportingmore).Italsostressesthatinnovationshouldbestrengthenedtohaveagreatersayintheglobalhigh-techmarket,,boosttheservicesector,notjustmanufacturing,andmakeeffortstoimprovetheglobaltradingrulesandraisethestatusofitstradepartnersalongtheBeltandRoad,ll2050,whenChinaislikelytobecomeagreat,modern,,Chinasdeterminationtoopenuptotheoutsideworldwillremainfirmwithnewthinking,,itwilltakeabout70yearstoreachthestageofmaturity,thatis,sjourneymaybelong,butitsdeterminationtofurtheropenupitseconomyremainsstrong,

  StudentsfromChinaposeforfamilyphotosaftergraduatingfromacourseincommerceatSydneyUniversityonOctober12,2017.[Photo/VCG]INTOTAL,ening-upin1978,,saidareportissuedbytheCenterforChinaandGlobalization,:PresidentXiJinpingsaidinthemeetingmarkingthe100thanniversaryofthefoundingoftheWesternReturnedScholarsAssociationinBeijingin2013thatChinesestudyingoverseasarevalustechnologyinnovationandeducationcauses,scienceandeducation,cultivatescientificandtechnologicalinnovationtalents,undamentalresearchinscienceandtechnologyandthenationalplanforhigh-techresearchanddevelopment,whichwereissuedin1997and1986respectively,64percentoftheacademicianandeffectivelypromotedChina,andmaximizetheircontributionstothenationbyleveragingtheirknowledge,ationandresearchabroad.[]Thereformandopening-uppolicyimplementedoverthepastfourdecadeshasbeenhighlyproductiveforChinainparticular,,ledbyDengXiaoping,soughttoachievenationalrejuvenationandbuildapeaceful,,ledbytheCommunistPartyofChina,unleashedeconomicreform,,"socialismwithChinesecharacteristics"in1978torejuvenatethecgninvestmentandentrepreneurspushedChinaforwardandconsolidateditseconomic,political,,,800millionpeoplehavebeenliftedoutofpovertysofar,accordingtotheWorldBank,andChinahasbecometheworld,PremieroftheChineseStateCouncil,saidinthefirstsessionofthe13thNationalPeoplesCongressthatmorethan68millionpeoplehadbeenliftedoutofpovertyinthepastfiveyears—indicatingthatonaverage,37,,ChinabecamethetopcontributortotheglobalGDPgrowth,anditseconomicgrow,marketforceshadmobilizedprivateenterprisesandindivi,industrializationandstructural,Chinaisalsoleadingtheworldinhigh-speedrail,e-commerce,"goglobal"and"bringingin"approach,the,amegainfrastructureprojectproposedbyChinesePresidentXiJinpinginSeptember2013,Chinainvestedmorethan$,,,Chinasshareintheglobaleconomyhasreachedroughly15percentanditscontributiontoglobalgrowthexceeded30percent,,Chineseenterprisesinvestedin7,,stotalimportandexportofgoodsreached$,,4,986for,46millionpeopletraveledabroadand48millionforeignerstraveledtoChinain2008;whereasonly200,,Chinesediplom,from18to172countries,sisolationandchangedtheworld,rningabouttheircultureandhistory,andhavealsoguidedothernationstolearnaboutChina,,spragmaticapproachtoreformwasconductivetoa"transitionwithouttears".Theroutethecountryhastakeninthepast40years,,currently,,economy,diplomatictiesandfriendlyrelationswiththeoutsideworld,

  Apoliceofficerthrowsacaseofdrugsintoafurnaceduringapublicanti-drugcampaigninUrumqi,XinjiangUygurautonomousregion,/CHINANEWSSERVICEChinaofferstechnicaltrainingtoSCOmemberstostoptraffickersChinahaspledgedtoprovidemoretrainingandtechnicalsupporttomembernationsoftheShastoimprovetheircapabilitiesininvestigatingandfightingcrime,accordingtoWeiXiaojun,,hesaid,Chinawillalsoprovidetechnicalandequipmentsupportwhileworkingtofindalternativecropsorsourcesofincomefortheregion,akeyingredientinopiatessuchasmorphine,heroinandcodeine."Drugsleadtomanyviolentcrimes,includingmurderandkidnapping,whichseriouslythreatensregionalsecurityandsocialstability,"Weisaid."Wetakeazero-toleranceattitudetowarddrugs."Inrecentyears,narcoticsfromtheworldsthreemajordrug-producingareas-theGoldenTriangle,comprisingpartsofThailand,LaosandMyanmar;theGoldenCrescent,whichincludespartsofCentralandSouthAsia;andSouthAmerica-lmethamphetamine-alsoknownasice-foundinChinacomesfromtheGoldenTriangle,althoughauthoritiessaanebeforebeingtraffickedtoEuropeandtheUnitedStates,,policeacrossChinahavehandled860,000drug-relatedcases,,,,an,hesaid,whilecriminalscannowfindclientsonline,buychemicalsforthemanufactureofnarcotics,andplaceorderstohavedrugsdeliveredusinginternationallogisticsservices."Evenworse,illegaldrugmanufacturingandtraffickinghaveintertwinedwithtransnationalorganizedcrime,theillegalflowofcapital,corruptionandterrorism,posingaseriousthreattoregionalpeaceandstability,"thestrongdemandfordrugsaswellasenhancecooperationoneducationandpreventionmeasurestocurbtherisingnumberofaddicts.LuoJie/ChinaDailyTrumpsrecklessdecisionsandactionshavecreatedseriousproblemsfortherestoftheworldandsrespectdespiteitsexceptionaleconomicandmilitarymightThisquestiongainedevenmoreimportanceaftertheDonaldTrumpadministrationdecidedtoimposeadditionaltariffson$50billionworthofChineseimports(aswellasimportsfromothereconomies)sstatementonSundaysuggeststheconstructivediscussionswiththeUSnegotiatorscouldpreventafull-blowntradewar,althoughChinamadeitclearthenegotiateddealwillnotbeimplementediftheUSgoesaheadwithitsdecisiontoimposethetradesanctions,,becauseinrecenttimestheUShasbeentreatingitspromises,eventheinternationaltreatiesithassigned,,theUSfromtheinternationalcommunity,increasinglyselfishactionsareturningtheotherwisecivilizedworldintoa"Hobbesian"worldwhereelossofcredibilityhas,withinweeksofassumingthepresidency,hewithdrewfro,hehasimposedtariffsonimportsfromitstradepartnersandthreatenedtodothesameonmoreproductsfromothercountries,includingChina,forcingmanyofthesecountries,especiallyChina,totakecoun"makingAmericagreatagain",asiftheUScooperationwiththeothercountriesbasedonthoseagreementshassappedthesolesuperpowereirinterest,,theUSadministrationhasturnedablindeyeanddeafeartotheconcernsoftheothersignator,,itdidno,FranceandGermany,letaloneChinaandRussia,,TrumpaccusedIranoffailingtoabidebythedealbeforemakingtheirresponsibledecisionbasedonIsraeliintelligencewhileignoringtheInternationalAtomicEnergyAgencysassertionthatTeedchemicalweaponsagainstitsownpeoplebecauseitwouldbestupidofBasharal-AssadtoprovoketheUSanditsWesterinabilitytohelpIraqrealizereligiousandethnicreconciliationthatgaverisetorampanttercesfromthatcountryapologizedforthehorrortheUShascaus,too,withdrawalfromtheIrannucleardeal,inwhichotherMiddleEastcountriescouldgetinvolved,,ter,whichisbecomingincreasinglylikelygivenTrumpsrecklessactions,theUSwillnotonlylosethelittlerespectabilityandcredibil

[Photo/VCG]ChinaneedstobepreparedwithflexibleplanstorespondtotheinconsistenttradeandeconomicpoliciesoftheadministrationofUSPresidentDonaldTrump,asbothsidesstillfaceahostofunresolvedissuesrelatedtobilateraltrade,evelofficialtalksthatconcludedinBeijingonSunday,theUSgovernmentmaystillreleasealistonJune15imposinga25percenttariffon$50billionworthofChinesegoodscontaining"industrialsignificanttechnology",sMinistryofCommercestressedonThursdaythatthenationiswillingtoexpandimportsfromtheUSiftheycanmeet"halfway",sstanceisconsist,includingtariffhikes,theeconomicandtradeachievementsnegotiatedbythet,aneconomistatTsinghuaUniversityandformercentralbankmonetarypolicycommitteemember,saidChinaisabletoadjustandupgradeitseconomicstructurefromalong-termperspective."Againstthatbackdrop,,",Lisaid,suchasindustrixtfewmonths,saidLi."Thenegotiationswillbealongandbumpyroad,"hesaid."Weshouldmaintainabalancedframeofmind,ratherthanbeirritatedbytheWhiteHousesstatementsortheUSpresidentsmessagesonTwitter.""IfChinacannotachievesubstantialresultsthroughdialogue,itmuststudytheUSmovesandpreparemeasurestocountertheUSaction,"saidLongGuoqiang,,formerchiefeconomistandseniorvice-presidentoftheWorldBankfrom2008to2012,saidtheUSshouldbeawarethatexportingmoreenergyandagriculturalproductstoChinawillnotfundamentallychangethesituationofthetradedeficitwithChina,andwhatChina,Linsaid,thetwosidesshouldexpandtradenegotiationtopicsfromenergyandagric,Hungarysministerofforeignaffairsandtrade,calledonbothsidestorationallyresolvetradedisputes."Ofcourseweunderstandtherecentdevelopmentoftheglobaltradingsystem,weseethatrestrictivemeasuresandcustomsbarriershavebeensetup,"SzijjartosaidonthesidelinesoftheThirdMinisterialConferenceofChinaandCentralandEasternEuropeanCountriesonPromotingTradeandEconomicCooperationheldinNingboonThursday."ChinaisHungarynationaltradeorder,insteadofadestructivetradewar,"toarecordhigh,frobusteconomicgrowthinthesecondquarter.

  JapanesePrimeMinisterShinzoAbe(left)attendsanewsconferencewithUSPresidentDonaldTrumponWednesdayinPalmBeach,Florida,US.[Photo/Agencies]AttheirmeetinginMar-a-Lago,Florida,onApril18,USPresidentDonaldTrumprebuffedJapanesePrimeMinisterShinzoAbe,TrumpannouncedthattheUSwonewtariffs,whichwillamounttoabout50billionyen($450million)ayearforJapandespiteAbeworkinghardtocultivateacloserelationshipwithTrump-ountermeasuresagainstUStariffs,sprotectionistpolicies,Japanhassignedorisnegotiatingmultilateraltradeagreements,which,itbelieves,,theJapaneseparliamentisworkingtowardratifyingtheComprehensiveandProgressiveAgreementforTrans-PacificPartnership,,JapanseestheTPP-11asacornerstoneonwhichitcn,too,inDecember,andthetwosidesaremaki,t,16countriesreachedaconsensustocompleteabasicframe,itwillproducethemostpopulous,diverseandenergeticfreetradeareaintheworld,,theleadersofChina,JapanandtheROKadvocatedeconomicglobalizationandfreetrade,andagr,,duringPremierLiKeqiangsvisittoJapan,BeijingandTokyoagreedtoestablishapublic-privatecounciltodiscussjoi,Japandoesnotwanttonegotiateatwo-waytrexploringcouldbackfireworldwide,sprotectionistpolicieswil,theUShasaskedJapan,aswellasitsotherallies,sdefensebudgethasalreadybeenrisingeveryyearundertheAbeadministrationendingadecadeofmilitarybudgetcuts,

  AglasscircularbridgeinFuxiShantouristattractionwillopenonJune16aftereightmonthsconstructioninXinmicity,CentralChinasHenanprovince,June12,2018.[Photo/VCG]WorldslongestglasscircularbridgeinFuxiShantouristattractionwillopentothepublicaftereightmonthsconstructioninXinmicity,CentralChinasHenanprovince,onJune16,"skywalk".Itis360metershigh,andextends30metersoutofthecliffthatisnearlyninemeterslongerthantheglassbridgeintheColoradoGrandCanyonintheUnitedStates,whichisclaimedtobethe"EighthWonderoftheWorld".USPresidentDonaldTrumpwalkswiththeDPRKstopleaderKimJong-unattheCapellahotelonSentosaislandinSingaporeonTuesday.[Photo/Agencies]ThenewTrump-Kimjointagreementcouldproveapromising“memorandumofunderstanding.”However,it’snotjustaboutdenuclearization;:Followinghoursofclosed-doortalksinCapellahotelinSingapore,USPresidentDonaldTrumpandDPRKleaderKimJong-unsignedajointfour-pointagreement:toestablishnewUS-DPRKrelations,astablepeaceregime,aDPRKcommitmenttoachievethe“completedenuclearization”oftheKoreanPeninsula,,theagreementdoesnotincludeafirm“verifiable”and“irreversible”,theTrump-Kimagreementisnotafinaldeal,,itshouldbeseenasapromising“memorandumofunderstanding.”,,ag,arealpeaceandstabilityrequiresfarmorethanafour-pointagreemen,DPRKiscus,Pyongyanghaslong–andjustifiably––afterWashingtonhadlostitsnuclearmonopolytotheSovietUnion-theearlysetbacksintheKoreanWarpromptedGeneralMacArthurtoconsiderusingnuclearweaponsagainsttheChineseandNorthKoreans–touseradioactivefalloutzonestodisruptChinesesupplychains-until,,between1950and1953,theUSsubjectedDPRKtoadevastatingbombingcampaign,whichdestroyed85percentofthecountry’sbuildingsandcausedonemillioncivilianstodie;morethantheentireciviliandeathsinWorldWarIIbombingofGermanyandJapan,,WashingtonhasseenDPRKasa“roguestate.”EvenwiththeSovietUnion,Washingtonsupported“peacefulcoexistence,”butwithDPRK,onlya“temporaryceasefire.”That’,Trump’sstatementinthepressconferencethattheUShadagreedtostopplaying“wargames”withPyongyang,referringtothejointmilitaryexerciseswithSouthKorea,“bringoursoldiersbackhome”fromDPRK,headmitteditwas“notpartoftheequationrightnow.”Typically,thedecisiontoceasethej’,hehadnearlyagreedtotheG7Summitcommuniqué,,dealsareseldomfixedentities,,formerUSpresidentJimmyCarterwhohasnegotiatedwithseveralDPRKleaders,notedthat,foralongtime,Pyongyanghassoughta“peacetreatytoreplacethe[1953]ceasefire.”Inhisexperience,inedIrannucleardeal,thatised2013NewYear’saddress,KimJong-unadvocated"aradicalturninthebuildingofaneconomicgiantonthestrengthofscienceandtechnologybyfanningtheflamesoftheindustrialrevolutioninthenewcentury.”Theseeconomiceffortsshould“bemanifestedinthepeople’sstandardofliving.”,PresidentObamaoptedforaPentagon-led“pivottoAsia”’soutlineforaPentagon-led“pivottoAsia,”,theobjectivewastoseizetheopportunitytocooperatewiththethen-presidentofSouthKorea,ParkGeun-hye,,insteadofrapprochement,WashingtonpushedforaTerminalHighAltitudeAreaDefense(THAAD),THAADwouldkilltwobirdswithonestone:itwouldsubduePyongyangand,ifneeded,,however,fellapartinearly2017,,,Park’sconservativeswereabletopostponetherepealoftheOperationControlagreement(OPCON),/USCombinedForcesCommand(CFC)isto“deterhostileactsofexternalaggression”SouthKoreabya“combinedmilitaryeffort.”TheCFCiscommandedbyaUSGeneralandithasoperationalcontrol(OPCON)overmorethan600,,USintere,atrueandlastingpeaceintheKorrtthetalks,thenullificationofimpeachmenteffortsagainsttheWhiteHouse,minimallossesfortheincumbentsintheUSmid-termelections,anotherTrumpelectiontriumphin2020–and’savery,,TrumpandKimtookthefirst,,ChinaandAmericaInstitute(US),theShanghaiInstitutesforInternationalStudies(China)andtheEUCenter(Singapore).

  StudentsfromaremotemountainousareagetreadyfortheirtripaboardaspeciallyarrangedtrainonTuesdayboundforthenearbytownshipo,ialtest.[PhotobySunJialiang/ForChinaDaily]ThesmallplatformattheDayangshutown,othersplayedonsmartphones,whileafewsimplyw:58servicetoAlihe,atown135kilometersawayontheborderbetweentheInnerMongoliaautonomousregionandHeilongjiangprovince,hasbeenusedeachyearsince2003totransportstudentstothenearesttestcenterforthenationalcollegeentranceexamination,,withslogansurgingthestudentsto"fightfortheirdreams",whilethewallsontheinsideweredecoratedwithpicturesfrompreviousyears."Forme,thistrainsymbolizestheendofhighschoolandanewbeginning,"saidMengXin,18,asenioratDayangshusNo2HighSchool."Itwillnotonlytakeustothetestcenter,butalsotowardrealizingourhopesanddreams."DayangshuliesinthesouthernpartofInnerMongolia,,sostudentstraveltoAliheforthegaokao,,000studentsover15years,accordingtoChinaRailwayHarbinGroup,,thejou,withaone-wayroadtripnowtakingabout21/,manystudentsstillchoosetotakethetrain,seeingitasariteofpassage."Idoftenheardaboutthetrainfromteachersandolderstudents,someofwhomwentontofamousuniversitieslikeTsinghua,"Mengsaidshortlybeforeboarding."Plusit"Tomarktheoccasion,trainattendantsturnedthetraincarriagesnarrowaislesintostagesandputonperformancesthatincludedsongs,dancingandashortmagicshow."Itsmyfourthtimeaccompanyingthestudentstothegaokao,"RenDazhang,37,apoliticsteacherfromNo3MiddleSchool,saidduringabreakinthesingingmid-journey."Theactivitiesmakethetripfeelmuchshorterandgreatlyhelpeasethestudentsanxietyabouttheloomingexam."ForconductorSunJing,27,theridebroughtbackhappymemoriesofwhenshetookthetrainasahighschoolstudent.","shesaid,addingthattheexperienceinspiredhertostudyatBatouRailwayVocationalandTechnicalCollege,wherein2014shegraduatedwithadegreeinrailwaytransportationoperationandmanagement."Iminvolvedinthespecialtrainserviceeveryyear,"shesaid."WhenIlookattheyoungfaces,italwaysremindsmeofmyownbeautifulmemories."Althoughthetrainstillattractsmanystudents,,headofpassengertransportatDayangshurailwaystation,theservicecarried1,071studentsinitsfirstyear,reachingapeakof1,,onlyabout540madethetrip."Evenwiththenumbersdecreasingduetotheimprovedtrafficconditions,wellcontinuetooperatethespecialtrainforthosewhochooseit,",justafewhoursaftertheendofthestudentsentranceexam.

  USPresidentDonaldTrumpwalkswiththeDPRKstopleaderKimJong-unattheCapellahotelonSentosaislandinSingaporeonTuesday.[Photo/Agencies]ThenewTrump-Kimjointagreementcouldproveapromising“memorandumofunderstanding.”However,it’snotjustaboutdenuclearization;:Followinghoursofclosed-doortalksinCapellahotelinSingapore,USPresidentDonaldTrumpandDPRKleaderKimJong-unsignedajointfour-pointagreement:toestablishnewUS-DPRKrelations,astablepeaceregime,aDPRKcommitmenttoachievethe“completedenuclearization”oftheKoreanPeninsula,,theagreementdoesnotincludeafirm“verifiable”and“irreversible”,theTrump-Kimagreementisnotafinaldeal,,itshouldbeseenasapromising“memorandumofunderstanding.”,,ag,arealpeaceandstabilityrequiresfarmorethanafour-pointagreemen,DPRKiscus,Pyongyanghaslong–andjustifiably––afterWashingtonhadlostitsnuclearmonopolytotheSovietUnion-theearlysetbacksintheKoreanWarpromptedGeneralMacArthurtoconsiderusingnuclearweaponsagainsttheChineseandNorthKoreans–touseradioactivefalloutzonestodisruptChinesesupplychains-until,,between1950and1953,theUSsubjectedDPRKtoadevastatingbombingcampaign,whichdestroyed85percentofthecountry’sbuildingsandcausedonemillioncivilianstodie;morethantheentireciviliandeathsinWorldWarIIbombingofGermanyandJapan,,WashingtonhasseenDPRKasa“roguestate.”EvenwiththeSovietUnion,Washingtonsupported“peacefulcoexistence,”butwithDPRK,onlya“temporaryceasefire.”That’,Trump’sstatementinthepressconferencethattheUShadagreedtostopplaying“wargames”withPyongyang,referringtothejointmilitaryexerciseswithSouthKorea,“bringoursoldiersbackhome”fromDPRK,headmitteditwas“notpartoftheequationrightnow.”Typically,thedecisiontoceasethej’,hehadnearlyagreedtotheG7Summitcommuniqué,,dealsareseldomfixedentities,,formerUSpresidentJimmyCarterwhohasnegotiatedwithseveralDPRKleaders,notedthat,foralongtime,Pyongyanghassoughta“peacetreatytoreplacethe[1953]ceasefire.”Inhisexperience,inedIrannucleardeal,thatised2013NewYear’saddress,KimJong-unadvocated"aradicalturninthebuildingofaneconomicgiantonthestrengthofscienceandtechnologybyfanningtheflamesoftheindustrialrevolutioninthenewcentury.”Theseeconomiceffortsshould“bemanifestedinthepeople’sstandardofliving.”,PresidentObamaoptedforaPentagon-led“pivottoAsia”’soutlineforaPentagon-led“pivottoAsia,”,theobjectivewastoseizetheopportunitytocooperatewiththethen-presidentofSouthKorea,ParkGeun-hye,,insteadofrapprochement,WashingtonpushedforaTerminalHighAltitudeAreaDefense(THAAD),THAADwouldkilltwobirdswithonestone:itwouldsubduePyongyangand,ifneeded,,however,fellapartinearly2017,,,Park’sconservativeswereabletopostponetherepealoftheOperationControlagreement(OPCON),/USCombinedForcesCommand(CFC)isto“deterhostileactsofexternalaggression”SouthKoreabya“combinedmilitaryeffort.”TheCFCiscommandedbyaUSGeneralandithasoperationalcontrol(OPCON)overmorethan600,,USintere,atrueandlastingpeaceintheKorrtthetalks,thenullificationofimpeachmenteffortsagainsttheWhiteHouse,minimallossesfortheincumbentsintheUSmid-termelections,anotherTrumpelectiontriumphin2020–and’savery,,TrumpandKimtookthefirst,,ChinaandAmericaInstitute(US),theShanghaiInstitutesforInternationalStudies(China)andtheEUCenter(Singapore).NanjingvelvetflowercreatedbyZhaoShuxian,acraftsmanlivinginNanjing,EastChinasJiangsuprovince,May27,2018.[Photo/IC]Theartofmakingronghua,orvelvetflower,datesbacktotheTangDynasty(618-907).Itreferstothecreationofnotonlyfloraldisplays,,homophonicofwealthandglory,,acraftsman,,EastChinasJiangsuprovince,Zhaobeganhiscareerasar,duetochangesinpeoplestastesandproductionmethods,,NanjingvelvetflowerwasincludedintheIntangibleCulturalHeritageListofJiangsuProvince.

  JapanesePrimeMinisterShinzoAbe(left)attendsanewsconferencewithUSPresidentDonaldTrumponWednesdayinPalmBeach,Florida,US.[Photo/Agencies]AttheirmeetinginMar-a-Lago,Florida,onApril18,USPresidentDonaldTrumprebuffedJapanesePrimeMinisterShinzoAbe,TrumpannouncedthattheUSwonewtariffs,whichwillamounttoabout50billionyen($450million)ayearforJapandespiteAbeworkinghardtocultivateacloserelationshipwithTrump-ountermeasuresagainstUStariffs,sprotectionistpolicies,Japanhassignedorisnegotiatingmultilateraltradeagreements,which,itbelieves,,theJapaneseparliamentisworkingtowardratifyingtheComprehensiveandProgressiveAgreementforTrans-PacificPartnership,,JapanseestheTPP-11asacornerstoneonwhichitcn,too,inDecember,andthetwosidesaremaki,t,16countriesreachedaconsensustocompleteabasicframe,itwillproducethemostpopulous,diverseandenergeticfreetradeareaintheworld,,theleadersofChina,JapanandtheROKadvocatedeconomicglobalizationandfreetrade,andagr,,duringPremierLiKeqiangsvisittoJapan,BeijingandTokyoagreedtoestablishapublic-privatecounciltodiscussjoi,Japandoesnotwanttonegotiateatwo-waytrexploringcouldbackfireworldwide,sprotectionistpolicieswil,theUShasaskedJapan,aswellasitsotherallies,sdefensebudgethasalreadybeenrisingeveryyearundertheAbeadministrationendingadecadeofmilitarybudgetcuts,

  ,aftertheUSimposedtariffsonEUsteelandaluminumproducts.[Photo/IC]OTTAWA-TherecentUSdecisiontoimposeimportsteelandaluminumtariffsonCanada,MexicoandtheEuropeanUnion,andothers,isexpectedtobea"frontandcenter"issueattheGroupofSeven(G7)summitthatwillbeginonFridayinQuebec,aformerCanadianprimeministersaidonThursday."YouregoingtohavethemajorityoftheG7countrieswantingtodealwiththis,aswasthecasewiththefinanceministerswhentheymetinWhistler(aresortmunicipalityintheCanadianprovinceofBritishColumbia),"saidPaulMartin,whoisalsoaformerCanadianfinanceminister,rneyandInternationalMonetaryFundManagingDirectorChristineLagardeduringthemeetingofG7financeministersandcentralbankgovernorslastweek,whichwaschairedbyCanadianFinanceMinisterBillMorneau."MinistersandGovernorshadafrankexchangeonthebenefitsofanopenrules-basedtradingsystemandmanyhighlightedthenegativeimpactofunilateraltradeactionsbytheUnitedStates,"saidastatementissuedaftertheG7financeministersmeeting."MinistersandGovernorsagreedthatthisdiscussionshouldcontinueattheLeadersSummitinCharlevoix,(Quebec),free,fair,predictableandmutuallybeneficialtrade,",whoparticipatedinbothG7financeministersmeetingsandleaderssummitsasprimeministerwhentheforumwasconfiguredastheG8toincludeRussia,toldXinhuathatCanadasharshresponsetotheUStariffswas"warranted"andnotedthat"neverinmytimehaveIseenanissuewhichhassogalvanizedpeople"atthosegatherings."ThepurposeoftheGs-whethertheG7ortheG20-istoessentiallygivethepertinentministersandtheleaderstheopportunitytodealwithissuesofthiskindandhopefullypreventissuesofthiskind,"explainedMartin,whoservedasCanadasprimeministerfrom2003to2006,andasthecountrynministerChrystiaFreeland,did"exactlywhattheyshouldhavedone"inrespondingtoUSPresidentDonaldTrump$,aluminumandotherproducts-rangingfromcoffeeandcandytotoiletpaperandtablecloths-totakeeffectonJuly1,unlesstheTrumpadministrationwithdrewits25-percenttariffonCanasretaliatoryreplyis"thestrongesttradeactionCanadahastakensincetheSecondWorldWar,",,andhoped"thatatsomepoint...commonsensewillprevail,"hetoldreportersataMay31,suchasclimatechange,genderequality,andtheCompactforAfricainitiatedbyGermanylastyearwhenithostedtheG20financeministersandcentralbankgovernorsmeetingtopromoteprivateinvestmentinAfrica,includingininfrastructure."WearenttalkingenoughaboutAfrica,"saidMartin,whoasCanadianfinanceministerproposedtheideaofaG20in1999withthesupportofthenUSTreasurySecretaryLarrySummers."Africaisgoingtohavethelargestpopulationbaseofanycontinentin25years,andIreallydobelievethathelpingAfricathroughwhatisaverydifficultperiodnowwillbenefittheworldenormouslyandthisisarolethattheG7andG20mustplay."

  USPresidentDonaldTrumpwalkswiththeDPRKstopleaderKimJong-unattheCapellahotelonSentosaislandinSingaporeonTuesday.[Photo/Agencies]ThenewTrump-Kimjointagreementcouldproveapromising“memorandumofunderstanding.”However,it’snotjustaboutdenuclearization;:Followinghoursofclosed-doortalksinCapellahotelinSingapore,USPresidentDonaldTrumpandDPRKleaderKimJong-unsignedajointfour-pointagreement:toestablishnewUS-DPRKrelations,astablepeaceregime,aDPRKcommitmenttoachievethe“completedenuclearization”oftheKoreanPeninsula,,theagreementdoesnotincludeafirm“verifiable”and“irreversible”,theTrump-Kimagreementisnotafinaldeal,,itshouldbeseenasapromising“memorandumofunderstanding.”,,ag,arealpeaceandstabilityrequiresfarmorethanafour-pointagreemen,DPRKiscus,Pyongyanghaslong–andjustifiably––afterWashingtonhadlostitsnuclearmonopolytotheSovietUnion-theearlysetbacksintheKoreanWarpromptedGeneralMacArthurtoconsiderusingnuclearweaponsagainsttheChineseandNorthKoreans–touseradioactivefalloutzonestodisruptChinesesupplychains-until,,between1950and1953,theUSsubjectedDPRKtoadevastatingbombingcampaign,whichdestroyed85percentofthecountry’sbuildingsandcausedonemillioncivilianstodie;morethantheentireciviliandeathsinWorldWarIIbombingofGermanyandJapan,,WashingtonhasseenDPRKasa“roguestate.”EvenwiththeSovietUnion,Washingtonsupported“peacefulcoexistence,”butwithDPRK,onlya“temporaryceasefire.”That’,Trump’sstatementinthepressconferencethattheUShadagreedtostopplaying“wargames”withPyongyang,referringtothejointmilitaryexerciseswithSouthKorea,“bringoursoldiersbackhome”fromDPRK,headmitteditwas“notpartoftheequationrightnow.”Typically,thedecisiontoceasethej’,hehadnearlyagreedtotheG7Summitcommuniqué,,dealsareseldomfixedentities,,formerUSpresidentJimmyCarterwhohasnegotiatedwithseveralDPRKleaders,notedthat,foralongtime,Pyongyanghassoughta“peacetreatytoreplacethe[1953]ceasefire.”Inhisexperience,inedIrannucleardeal,thatised2013NewYear’saddress,KimJong-unadvocated"aradicalturninthebuildingofaneconomicgiantonthestrengthofscienceandtechnologybyfanningtheflamesoftheindustrialrevolutioninthenewcentury.”Theseeconomiceffortsshould“bemanifestedinthepeople’sstandardofliving.”,PresidentObamaoptedforaPentagon-led“pivottoAsia”’soutlineforaPentagon-led“pivottoAsia,”,theobjectivewastoseizetheopportunitytocooperatewiththethen-presidentofSouthKorea,ParkGeun-hye,,insteadofrapprochement,WashingtonpushedforaTerminalHighAltitudeAreaDefense(THAAD),THAADwouldkilltwobirdswithonestone:itwouldsubduePyongyangand,ifneeded,,however,fellapartinearly2017,,,Park’sconservativeswereabletopostponetherepealoftheOperationControlagreement(OPCON),/USCombinedForcesCommand(CFC)isto“deterhostileactsofexternalaggression”SouthKoreabya“combinedmilitaryeffort.”TheCFCiscommandedbyaUSGeneralandithasoperationalcontrol(OPCON)overmorethan600,,USintere,atrueandlastingpeaceintheKorrtthetalks,thenullificationofimpeachmenteffortsagainsttheWhiteHouse,minimallossesfortheincumbentsintheUSmid-termelections,anotherTrumpelectiontriumphin2020–and’savery,,TrumpandKimtookthefirst,,ChinaandAmericaInstitute(US),theShanghaiInstitutesforInternationalStudies(China)andtheEUCenter(Singapore).,Minnesota,US,June12,2018,inthisimageobtainedfromsocialmedia.[Photo/Agencies]MINNEAPOLIS—Araccoonthatbec,Minneapolis,US,,accordingtoWildlifeManagementServices,"Itseatingnormally,"saidChristinaValdivia,thecompanysgeneralmanager,sadventurescausedastironsocialmediaasitscaledthetowerTuesday,withmanyTwitterusersvoicingconcernforitssafetyorjokingaboutthedramaasits,,afemale,wasreleasedlaterinthedayandscamperedin,whichbrokethestoryandcloselyfollowedtheraccoonsclimbfromitsheadquarterslessthanablockaway,brandedtheanimal#mprraccoon.

  

  

 
责编:

汪杰:五绝避险买黄金?

[Photo/VCG]TheWhiteHouseonTuesdayissuedastatementannouncingthatitwastakingsteps"toprotectdomestictechnologyandintellectualproperty"fromwhatitcalledChinas"discriminatoryandburdensometradepractices".Thestepsincludea25percenttariffon$50billionworthofChinesegoodscontaining"industrialsignificanttechnology"–withalisttobereleasedbyJune15–alongwiththeimplemenetaryStevenMnuchindeclaredtheloomingtradewarwithChinahadbeenputonhold,andaheadofthearrivalofUSCommesMinistryofCommercerespondedbysayingitwassurprisedbythemovewhichwascontrarytotheconsensusreachedinWashingtonearlierthismonth,butsaiditwaswithinChinascommonpgtonthatitwouldbeinboththeirintereststoavoidatradewar,,notablyastheWhiteHousestatementmakesclearaswellashavingabeeinitsbonnetaboutthetradedeficitwithChina,theTrumpadministrationnowhasanotheraboutChinasMadeinChina2025isablueprintformovingChinasindustryhigherupthevaluechain,andthishaspromptedtheTrumpadministrationtotryanddefendtheUShigh-techadvantagesbyaccusingChinaofforcedtechnologytransfersandintellectualpropertytheft,andusingthethreatofthetariffsandrestrictionstocoerceChinatoenhanceUScompaniesaccesstotheChinesemarketto"expandexports".ButasChineseAmbassadortotheWorldTradeOrganizationZhangXiangchensaidonMondayataWTOmeeting,theOfficeoftheUnitedStatesTradeRepresentativehasfailedtoproduce“asinglepieceofevidence”tosupportitsclaimsandthereisnothinginitsregul,onomics,China’spaymentoflicensingfeesandroyaltiesfortheuseofforeigntechnologiesreachedalmost$30billionin2017,icalleadership,achangeofperspectivewouldallowittoseethatcooperatinginhigh-techwouldmakethecakebiggerforboth.

自古有句古话叫做“盛世藏古董,乱世买黄金”。当今全球局势风云变幻,黄金属于一种对抗通货膨胀的阶段性投资产品,一种同时具备金融属性和工业属性的特殊商品,也越来越显得有投资价值和魅力。

腾讯“证券研究院”特约 汪杰 北京博睿达鑫投资有限公司总经理、前国海证券投资银行部董事总经理

自古有句古话叫做“盛世藏古董,乱世买黄金”。当今全球局势风云变幻,黄金属于一种对抗通货膨胀的阶段性投资产品,一种同时具备金融属性和工业属性的特殊商品,也越来越显得有投资价值和魅力。

一、全球金融形势角度来看黄金趋势

先说美国,美国虽然宣称经济强劲恢复,但是庞大的近乎20万亿美元的债务承压之下,也难言轻松脱困,尤其是三月份的美联储加息,使得失业率数据再次出现下滑,而制造业和非制造业强劲上涨的势头也受到打压,虽然市场炒作美联储“缩表”,但是也只是尚在传闻之中,尚待靴子落地。

对于黄金走势而言,美国制造业的恢复将会提高工业需求,从而推高黄金的工业价格,但是另一方面美元走强则会打压黄金的金融价值,故而主要影响还是有待继续观察,究竟美元指数上升速度高于黄金的工业需求增加速度还是低于,但是从目前ETF持仓量轻微增加来看47吨来看,总体影响还是比较平衡。

欧洲金融局势也是动荡不安,故而勉强支撑也是极限,而法国是否继英国脱欧后尘,彻底撕裂欧盟,也有待法国大选结果。但是无论是工业需求还是金融需求,黄金作为维稳利器,来自欧元区的总体需求只会增加而不会降低。

日本央行4月27日的利率决议会议维持-0.1%的利率,还未退出宽松周期,可见日本国内经济总体需求依然疲软,恢复增长还遥遥无期,对于黄金工业和金融需求都相对保持均衡。

其他央行如俄罗斯,韩国等央行动作来看,中长期增加持仓量都是保持其汇率和货币稳定的不二之选。

重点则是来自于中国和印度的需求,这两个国家强劲的需求和发展是支持黄金金融市场和珠宝加工以及黄金工业市场规模扩大和国际金价长期走强的根本性因素!

印度对于黄金的需求一方面废钞令导致印度人对于货币信心缺乏,另一方面则是印度传统的习俗对于黄金需求持续增长;从彭博社的数据来看,印度三月份进口了120吨左右黄金,三月份大陆内地则是从香港进口了117吨左右。

而中国对于黄金的需求主要是几方面因素。

一是上海黄金交易所对于国内黄金市场形成推升了黄金市场的金融需求,一是来自于人民币国际化所需要的锚定物,在1971年的布雷顿森林体系崩溃后,美元实际是以石油结算为锚定,而在人民币加入SDR篮子之后,必然需要美元、欧元其他的参照物作为构建自己国际贸易体系的基础,而黄金金融需求和战略储备则是人民币走向国家化必然的选择。

另一方面,中国文化传统对于金银的推崇,也必然助长了黄金的工业和珠宝业需求。

二、从ETF持仓量来看黄金走势

数据来源:美国商品期货交易委员会(CFTC)

总体而言,保持在一个相对较高的位置853吨左右的水平,相较于四月初而言,将近增了21吨左右的水平。

而此时comex期货基本上都是在1250点以上水平,最高点达到1280,最低点略低于1250点。总体来看,当前的黄金期货市场对于黄金在1200-1300点未来中长期趋势还是看好,1250属于市场中位线。而对于国内投资人而言,如果是出于分散风险,相比较于人民币汇率贬值,债务市场的债务违约和股市低迷,黄金市场作为一个中长期的稳压器,还是需要考虑进构造投资组合之中,相比较于追求β接近于0的无风险套利,相信追求乖离值更高的α是每个投资人的追求。

而作为量化投资多因子策略模型构建,当前市场环境下,黄金因素的权重相比较于其他类型的投资产品而言,其分量也应该会越来越大。

三、从CFTC持仓量来看

从4月25日公布的数据来看,非商业性持仓量,无论是多方还是空方都有所增加,然则明显可以看出来多方力量较强,相比较于上周,本周净持仓量增加了4909头寸,但是趋势有所减弱;而商业性持仓量则是空方实力较强,但是相比较于上周,空头增加6082头寸,多头增加2566头寸,未平仓合约则增加至475985头寸,约有未平仓的净变化3722。可以看出来,在1260点左右,市场对于黄金走势多空双方处于均衡之中,而从多空双方头寸和未平仓合约变化趋势来看,1260点往上,多方动能趋于减弱,空方实力有所加强。而1260点向下,空方势力相对较弱,多方势力较强。从五月份全球金融市场格局和走势来看,黄金在1230点会有较大支撑,而1290点有较大压力。

四、现货市场展望

市场对于美联储六月美联储加息有较大关注,但是对于五月份的美联储政策会议关注度相对偏低,现货市场预计维持在4月28日收盘价1267美元/盎司附近。总体来看,五月份黄金市场由于国内旅游和消费旺季来临,长期趋势走强。

版权声明:本文系腾讯证券独家稿件,未经授权,不得转载,否则将追究法律责任。
汪杰
北京博睿达鑫投资有限公司总经理、前国海证券投资银行部董事总经理

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