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The traditional Chinese minds

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TALLINN http://www.cheapmlbroyalsshop.com/ , June 30 (Xinhua) -- President of the European Commission Jean-Claude Juncker Friday highlighted the digital future and cybersecurity to make Europe more generally a safe and secure place for people.

Speaking at a joint press conference with Estonian Prime Minister Juri Ratas on the first ever Estonian Presidency of the Council of the European Union from July 1 until Dec. 31 this year, Juncker said,"Digital is the DNA of your country and it needs to become part of the European DNA. We are counting on your leadership, on your e-expertise to make progress".

"Under the guidance of the Estonian Vice-President of the Commission, Andrus Ansip, we have made some real progress towards completing the Digital Single Market http://www.cheapmlbroyalsshop.com/Michael-Saunders/ ," he noted, hailing Estonia's efforts, together with the upcoming Bulgarian and Austrian Presidencies, to set the goal to reach an agreement on the issue by the end of next year.

"Reaching that agreement is important if we want to see high-speed internet rolled out across the European Union or see 5G be commercially available in at least one major city in each EU Member State by 2020, like it will be in Tallinn by next year,"Juncker noted.

Successful deployment of 5G could bring 146 billion euros (about 166 billion U.S. dollars) worth benefits a year and is likely to create 2.4 million jobs in the European Union http://www.cheapmlbroyalsshop.com/Ryan-Goins/ , he added.

However, Juncker stressed that the success of the Digital Single Market will also depend on the confidence of Europeans, valuing Estonia's experience on cybersecurity.

He also expected the motto of the Estonia Presidency "united through balance" can become the reality on the reform of the Common European Asylum System over the course of the next six months.

For his part, Ratas said, "the free movement of data is a precondition for the Digital Single Market," and that trust and security need to be increased with focus on cybersecurity issues.

Earlier at the Estonian Prime Minister office http://www.cheapmlbroyalsshop.com/Wily-Peralta/ , Ratas met separately with Juncker and President of the European Council Donald Tusk to discuss the Estonian presidency's work plan, social and defence policy issues, as well as security, peace and stability in the neighbourhood of the EU.

After the Brexit vote in 2016 and Britain's subsequent relinquishment of its scheduled presidency in the Council of the European Union, Estonia takes over the Britain's six-month slot instead for the second half of this year.

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BEIJING, Jan. 18 (Xinhua) -- Property prices in China ended 2013 still red hot despite repeated government efforts to cool the sector, but the rises are expected to soften this year as more targeted curbs come into place.

Of a statistical pool of 70 major Chinese cities, 65 saw a month-on-month rise in new home prices and 64 reported price gains in existing and second-hand homes in December last year, the National Bureau of Statistics (NBS) announced online on Saturday.

More cities saw price growth ease in December, a result the senior NBS statistician Liu Jianwei attributed to a raft of government efforts to stabilize market expectations http://www.cheapmlbroyalsshop.com/Joakim-Soria/ , including more controls and increasing the affordable housing supply.

Monthly price gains retreated 0.1 percentage point in Beijing, Shanghai and Guangzhou and 0.4 percentage point in Shenzhen from those seen a month earlier.

On a yearly basis, all the cities except Wenzhou reported gains in new home prices.

First-tier cities continued to lead rises last month, with the prices of new homes in Beijing and Shanghai surging over 20 percent from a year ago, but Liu said the trend has been losing momentum.

"Property controls will extend the stance last year, but with more focus on region-specific approaches http://www.cheapmlbroyalsshop.com/Danny-Duffy/ ," noted Kuang Xianming, head of the economic research center at Hainan's China Institute for Reform and Development.

After years of increases more or less everywhere, price movements have become more diversified in recent months, with megacity still facing upward pressures while smaller cities in a more balanced state, prompting local authorities to adopt differentiated measures to steady the market.

Rather than new property curbs, the key central economic work conference last month stressed the need for affordable housing and a plentiful supply of land http://www.cheapmlbroyalsshop.com/Jason-Hammel/ , a new mindset among the leadership determined to rely more on market forces.

The increasingly clear policy direction will steer the property sector onto a healthier track, said a report by the China Index Academy.

In the context of stable economic and monetary growth, the academy forecast slower rises in both home sales and prices this year, and a steady increase in new property investment.

The average prices of residential housing will rise by 7 percent to 7.6 percent in 2014, the academy predicted.

Driven by rapid urbanization and speculation, China's property market has taken off in recent years and become a major headache for the authorities as more people are priced out of the market.

The traditional Chinese mindset of viewing home ownership as a precondition for forming a family http://www.cheapmlbroyalsshop.com/Brandon-Moss/ , along with limited investment channels , meant demands would keep rising.

Over the years, in response to public complaints, the central government has tried to rein in prices with purchase controls and experimental property taxes, resulting in short term cooling of the market. After a while, prices have generally rebounded.

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