Chinese stocks extended gains for the seventh successive trading day to close at a new seven-year high led by military equipment stocks.

CEW Editorial

P02| It is more important to introduce framework rather than capital for PPP

Opinion

P15| Chinese economy in the second half of 2015 will be better

P16| The choice of RMB internationalization

P18| Analysis framework of E-finance with 9 perspectives

P21| large-denomination certificates of deposit rates open， a key step forward in interest rate liberalization.

P22| How will China manufacturing beyond U.S.， Germany and Japan？

Cover Story

P24 | China’s military stocks booming

Special Report

P32| The investigation of manufacturing sector in Zhu Jiang delta region in 2015

Picture

P38| The college entrance examination is coming！

Macro & Policy

P48| National Bureau of Statistics of China released average wage of employed persons in urban units

Region & City

P51 | China’s Millionaires Favor More Economic Reform

P54| The rebuilding of ancient Lou Lan

Finance&Capital

P56| The three chaos of P2P platforms

Industry&Company

P58| China reduces tariffs on skin care products

P60| Doctor groups appear on the China’ market

P64| The trend of Chinese telecoms operators

P66| Rural Commercial Bank of Yiyang services for agriculture

People

P68| Cui Dianguo： the new chairman of CRRC

P70| Peter Thiel’s experience in investing

International

P72| China-South Korea FTA expected to boost Chinese GDP

P76| What does the International Committee of the Red Cross purchase in China？

Reading

P78| Flywheel： becoming a data-driven enterprise

Collection

P80| New situation of Sotheby’s spring auction

Peoplearts

P82| Wen Guozhang： the sculpture builder of Tajik nationality

Column

P84| The idea of currency war does more harm than good

P86| Yu Minhong： being confident can make you stronger