SHANGHAI michael kors handbags australia online , Nov. 24 (Xinhua) -- Chinese consumers are more confident and savvy with regard to their choice of brands and products, according to a report released by global management consulting firm McKinsey and Company.


The report was based on a survey of 10,000 consumers aged 18 to 65 across 44 cities and seven rural villages and towns in the country.


Around 80 percent of the respondents were confident that their household incomes will increase markedly in the coming five years.


The "post-90s" generation is emerging as the next engine of consumption in China, according to the report, and this consumer cohort will account for more than 20 percent of total consumption growth, higher than any other demographic segment.


The report also noted the "post-90s" showed better confidence in China's macro-economy and tended to have strong awareness and preferences about brands.


Lan Luan michael kors handbags australia , an associate partner in McKinsey China's Consumer and Retail practice, said the "post-90s" generation represents a promising group of consumers that will heavily influence how brands perform in China.




by Justice Lee Adoboe


ACCRA, Sept. 23 (Xinhua) -- Tullow Oil Limited operating two of Ghana's producing oil fields will start engagements with the government of Ghana on further developing its Tweneboa-Enyenra-Ntomme (TEN) field, a release by the Britain-based explorer said here on Saturday.


It said with the ruling of the International Tribunal on the Law of the Sea (ITLOS) out of the way, drilling will resume around the end of the year, which will allow production from the TEN fields to start to increase toward a floating production storage and offloading (FPSO) design capacity of 80 michael kors australia online ,000 barrels of oil per day (80,000 bpd).


"The new maritime boundary as determined by the tribunal does not affect the TEN fields as per the map," the release said. "Tullow will now work with the government of Ghana to put in place the necessary permits to allow the restart of development drilling in the TEN fields."


In its final ruling in the three-year-old case, ITLOS ordered a re-demarcation of the maritime boundary between Ghana and its western neighbor, Cote d'Ivoire, setting out new coordinates for the re-demarcation.


Experts see this ruling as more favorable to Ghana since the tribunal upheld Ghana's argument of adoption of equidistance method of delimitation of maritime boundary between it and Cote d'Ivoire while rejecting Cote d'Ivoire's bisector line method of delimitation.


"Tullow looks forward to continuing to work constructively with the governments of both Ghana and C?te d'Ivoire following the conclusion of this process michael kors australia , Tullow CEO Paul McDade said. "While the TEN fields have performed well during the period of the drilling moratorium, we can now restart work on the additional drilling planned as part of the TEN fields' plan of development and take the fields towards their full potential."


The tribunal also rejected the Ivorian claim that Ghana had infringed its sovereign boundary in oil exploration within the disputed zone.


Meanwhile, in a joint statement issued soon after the ruling, both countries agreed to abide by the decision, state-run Ghana News Agency reported.


At a joint press conference, the attorney general of Ghana michael kors miranda leather wallet , Gloria Afua Akuffo, and Cote d'Ivoire's Minister of Petroleum, Energy and Development Thierry Tanoh read out the joint release in English and French respectively.


"On the joint behalf of the Presidents and the Peoples of the Republic of Cote d'Ivoire and the Republic of Ghana, we would like to express our gratitude to the Special Chamber of the International Tribunal for the Law of the Sea for the courteous attention with which the proceedings were conducted," the officials said.


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UNITED NATIONS, Sept. 21 (Xinhua) -- Chinese Foreign Minister Wang Yi said on Thursday that China is firmly committed to the de-nuclearization of the Korean Peninsula during his speech at the General Debate of the 72nd session of the UN General Assembly.

　　Chinese FM speaks at the General Debate of the 72nd session of the UN General Assembly on Sept.21,2017.

Wang touched upon the situation on the Korean Peninsula, Syria, Palestine, terrorism michael kors fulton wallet brown , climate change, migration, global governance and globalization.


On the nuclear issue of the Korean Peninsula, Wang said China is always a force for peace and has made unremitting efforts toward the peaceful settlement of the issue.


"Whatever changes may take place, no matter how long it will take, and whatever difficulties we may face michael kors bedford wallet black , China will stay firmly committed to the de-nuclearization of the peninsula," said Wang.


China will stick to the direction of dialogue and negotiation, and will firmly safeguard regional peace, he said.


On China's global role, Wang said his country will bring more dividends of peace, of development and of governance to the world.


China is a stabilizer for world peace michael kors selma tote medium , an engine for development and a propeller for multilateralism, he said.


China has always linked its dream with the common dream of the whole world, and helps with common development, Wang said, adding China is willing to work with other countries to build a better future for mankind.


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