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新闻纵贯线 The Beijing Hour updated 08:00 2014/07/28

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The Beijing Hour
 
Morning Edition
 
It's Paul James with you on this Monday, July 28, 2014.
Welcome to the Beijing Hour, coming to you live from the Chinese capital.
Coming up on our program this morning...
French military forces have now secured the site of a crashed Algerian airliner in northern Mali.
Foreign diplomatic staff are being moved out of the Libyan capital amid a new uptick in fighting over Tripoli's main airport.
A lingering drought in central China has left tens-of-thousands short of drinking water.
In Business.... a new anti-monopoly probe is leading to price-cuts for Audi auto parts.
In Sports... an Italian has taken this year's Tour de France.
In Entertainment... a blogger's directorial debut has taken the top spot on the Chinese box office.
First, let's check in with what's happening with the weather....
 
 
Weather
 
 
Beijing will be sunny today with a high of 35 degree Celsius. Overnight temperatures should drop down to around 24.
Shanghai will see moderate rain during the daytime with a high of 32.
Overnight, it will see slight rain with a low of 27.
In Chongqing, it will be cloudy with a high of 38.
Overnight lows are expected to be around 29.
Elsewhere in the world, staying here in Asia.
Islamabad will have heavy rain with a high of 34.
Kabul will be cloudy with a high of 33.
Over to North America.
New York will be cloudy today with a high of 30 degrees.
Washington will be cloudy with a high of 30 degrees.
Honolulu, cloudy, 27.
Toronto, Canada, will be cloudy with a high of 24 degrees.
Finally, on to South America,
Buenos Aires will be cloudy with a high of 14.
And Rio de Janeiro will have moderate rain with a high of 20 degrees Celsius.
 
 
Top News
 
 
French forces secure crash site of Algeria flight
 
French forces have secured the site of the Air Algerie plane crash in Mali.
More than 200 French, Malian and Dutch troops from the United Nations force in Mali have secured the site ahead of the investigators' arrival.
French Lieutenant Aldo.
"The area where we are is very much as we found it. Since we arrived, we have secured the area and we have made sure that nobody comes or stays here tonight, because the investigation is about to get underway."
French and Malian aviation investigating units are now arriving at the site.
The Air Algerie flight crashed in northern Mali early Thursday, killing all 118 passengers and crew, nearly half of whom are French.
The plane's black boxes have been recovered.
Initial indications are the plane mave have gone down in bad weather.
 
 
MH17: Dutch government rules out military mission to secure crash site
 
The Dutch government is ruling out any military intervention in securing the crash site of Malaysia Airlines Flight 17.
Dutch Prime Minister Mark Rutte.
"The option we looked at was a military option in which you could secure the area so you can work in a stable environment. We simply had to determine that the option would be such a provocation to the separatists that it could destabilize the situation."
Rutte's comment comes amid an uptick in fighting between Ukrainian government forces and the rebels which control the region where the crash took place.
There are still plans for Australia and the Netherlands to deploy 50 unarmed police officers around the crash site.
This follows a deal struck by Malaysian authorities with the rebels to allow international forces at the site.
Australian Prime Minister Tony Abbott.
"Our intention, under the auspices of local people, is to take over the site, to ensure that the recovery of remains can go ahead as swiftly and as effectively as possible."
11 days after the downing of the jetliner, the crash site has yet to be fully cleared of body parts.
Malaysia Airlines Flight 17 was brought down in eastern Ukraine on July 17th, killing all 298 people on board.
 
 
China to conduct military drill in SE coastal areas
 
The Chinese military has announced that it will conduct an exercise in the southeast coastal areas starting Tuesday, July 29, but the military is stressing that the exercises are not the major factor behind the recent massive flight delays.
The Ministry of National Defense says the maneuver is important for testing combat capability and improving real-combat training levels and military preparation.
It says both military and civil aviation management authorities have taken measures to minimize the exercise's impact on civil flights by opening temporary air routes, allocating protection airspace, and setting down alternative deviation plans.
It says recent flight delays were mainly the result of meteorological conditions.
Massive flight delays have been affecting Shanghai and other cities.
Dozens of flights have been canceled and over 20 delayed at both Shanghai's Pudong and Hongqiao airports.
Yan Shuming is an airline shift supervisor at Hongqiao.
"As a large number of passengers have been affected, the company is trying to operate as many flights as possible. But the long delays will affect the later flights, so we have to cancel some of them."
China's Civil Aviation Administration is continuing to issue an orange alert for flight delays for this Monday in Shanghai.
 
 
Drought Causing Water Shortages in Henan
 
A drought in the central part of China has been affecting tens of thousands of people living in Henan.
The drought has damaged over 900-thousand hectares of fall grain crops, and is also causing drinking water shortages.
Shi Haibo is with Henan's Flood Control and Drought Relief Office.
"About 910,000 hectares of autumn grain crops across the province have been affected. About 140,000 hectares are in serious condition. The water supply to towns and cities in Henan is being ensured. But 185,000 people living in the mountains are being impacted, along with 46,000 heads of livestock."
The drought is also causing power outages in the provincial capital, Zhengzhou, along with the city of Pingdingshan.
Forecasters are suggesting the drought is going to continue in Henan for at least the next week.
 
 
How far is a Long-term Ceasefire?
 
Anchor
A new round of fighting is underway between Israel and Hamas, despite initially agreeing to a temporary humanitarian ceasefire over the weekend.
CRI's Qizhi has more.
Reporter
After initially rejecting an Israeli offer Saturday for a 24-hour truce, Hamas announced Sunday that it has agreed to hold its fire ahead of the Eid al-Fitr holiday marking the end of Ramadan.
But as Israel's Cabinet met to discuss the offer, rockets began raining down on southern Israel.
Israeli strikes could be also be heard in Gaza.
The latest developments have further undermined hopes that Saturday's humanitarian truce observed by both sides could be extended.
Both sides are blaming one-another for scuttling the efforts for peace.
Israeli Prime Minister Benjamin Netanyahu.
"Israel is taking action to neutralize the threat. We hope we can get a sustainable quiet as soon as possible. I think the only path to do that is by adopting the Egyptian initiative."
The Israeli military's offensive into Gaza is approaching its 3rd week, with no end in sight.
The death toll from the incursion into the Palestinian territory has surpassed a thousand, with more than 6-thousand injured.
Over 40 have been killed on the Israel side.
Mohammad Shtayyeh, a senior adviser to Palestinian President Mahmoud Abbas, is calling for an end to the violence.
"All this aggression is totally unjustified. Eighty percent of those who have been killed in Gaza are civilians, women, children, old men. And they are claiming that they are sending messages to them. And these people have no place to go. Even a U.N. school was bombarded by the Israeli army."
Israel and Hamas have set their own conditions for a potential ceasefire, though the odds of it working seem unlikely at this point.
Hamas wants an end to the Israeli blockade of Gaza.
Israel has signaled it could make concessions toward that end, but only if Gaza's militant groups are stripped of their weapons.
For CRI, I'm Qizhi.
 
 
Fighting at Libyan airport continues, foreigners evacuate
 
The violent struggle for control the main airport in the Libyan capital, Tripoli, has seen a new offensive launched by a militia from the western city of Zintan against the Islamic militias which currently control the airport.
The new offensive has prompted the US, Turkish and French governments to move their diplomatic staff out of the country into neighboring Tunisia.
Salah Qadrah is a security worker at the Mitiga airport.
"This crisis has caused security confusion; a large group of foreigners have left. Most of the embassies here left through this airport."
At least one airliner has been destroyed in the fighting.
The battles over the airport have already prompted a week-long closure of gas stations and government offices in Tripoli.
Local banks have also been shut down following reports of armed men ambushing armored vehicles carrying cash from the Libyan central bank.
 
 
Syrian army says recaptured gas field from militants
 
The Syrian army says it has recaptured a gas field near the central city of Homs which had been under the control of Sunni militant group "The Islamic State" since last month.
The Syrian military has made the announcement via state television.
"Military units from the armed forces, in cooperation with civil defence units, seized full control over the Sha'ar Mountain and gas fields in the eastern province of Homs following a unique and elaborate military operation, during which they managed to kill a large number of terrorists from the movement that calls itself the Islamic State."
The footage shows soldiers taking control of a vast desert area which is said to be the Sha'ar gas field.
However, a source from the Islamic State claims their fighters pulled out after destroying the field's equipment and capturing various weapons.
Islamic State, previously known as the Islamic State in Iraq and Levant, has been making advancements in Syria.
The group also controls much of northern Iraq.
 
 
Railway Project Ups Turkey-China Economic Ties
 
Turkish Prime Minister Recep Tayyip Erdogan has inaugurated the first high-speed train linking Ankara and Istanbul.
The project is the first Chinese-produced high speed rail-line to be completed in a foreign country.
"This railway has been built in the most complex geographical regions. I thank you for your work and contribution, as well as that from our friends and governments in China and Spain. "
The rail link itself has cut the travel time from Ankara to Istanbul by half.
"If I am going to Istanbul, I want to take the high speed train, since it costs less money and takes less time compared to taking a coach."
The collaboration on the rail link is part of the Chinese government's "go global" strategy.
 
 
RIMPAC exercise to boost China-US military relations
 
Anchor
The annual Rim of the Pacific, or RIMPAC, multinational naval exercise is nearing a conclusion, with the Chinese fleet taking part in the event for the first time, saying its achieved its goals.
CRI's Tu Yun has more.
Reporter
Chinese missile destroyer Haikou and missile frigate Yueyang are set to wrap up their exercises, following target practice in the waters around Hawaii.
Zhao Xiaogang, commander of the Chinese fleet, says they have been working closely with the United States as part of the drills.
"After arriving at Harbor Bay, we had a lot of contact with the U.S. navy, as well as navies of other participating countries. Generally speaking, I think the host of the exercise is excited about the Chinese navy's participation. They have been treating us very well."
Rear Admiral Patrick Hall, a commander of the US Navy, says China's participation is good for mutual understanding.
"This is just a great opportunity to be able to work together and understand how they do business, and for them to understand how we do business also. So I think it's going to be a great event. I think at the end of the day we'll find out this really paid a lot of dividends, and ensuring that we understood what each other is doing when we're out on the open ocean."
Former U.S. Ambassador to China, J. Stapleton Roy, says the drills are a good opportunity for the two countries to learn from one-another.
"I think the military-to-military aspect of U.S.-China relations is the least well developed. And now for the last year and half we've been trying rapidly to expand military-to-military contacts. And I think that China's decision to participate in the RIMPAC exercise this year is a very significant further step forward in improving U.S.-China military-to-military contacts,"
RIMPAC first began as a United States naval initiative in 1971.
More than 50 naval vessels, 245 aircraft and 25-thousand personnel from 22 different nations are participating in this year's event.
For CRI, I'm Tu Yun.
 
 
Animation-Comic-Game convention underway in Hong Kong
 
Anchor
The annual Animation-Comic-Game convention has opened in Hong Kong, with part of the focus this year on creating a new crop of talent.
CRI's Hong Kong correspondent Li Jing has more.
Reporter
The Ani-Com show in Hong Kong is one of the biggest of its kind in Asia and is packed with teenagers. Some die-hard fans have even queued for three days to be first to buy limited edition toys and figures
"I am so excited. I have registered online but I didn't expect that I could get it. I was the first in line so I got it. It's worth the time I spent."
Hong Kong is the world's third biggest comic market after Japan and the US. Local comic artist Ma Wing-shing says the market is maturing as changes take place.
"Many publishers have various products and games derivative from comics. The industrial chain is no longer limited to cartoons."
But the fact is that local animation is still not in the mainstream at the convention, which is dominated by Japanese manga.
Comic Weekly featuring Hong Kong local works started its first edition earlier this year, but the sales are sluggish. The magazine CEO Fung Man-him says he is thinking of taking advantage of the internet to interact more with readers.
"We can publish the first ten chapters of a comic story online for free, and see if readers like it or not. The online feedback is helpful for publishers to decide which artists they are going to invest in."
At the same time, Kadokawa International Edutainment from Japan, a country known as the kingdom of comics and animation, is set to open vocational schools in Hong Kong next year to teach anime and comic production.
The company director Tetsuya Koga says Hong Kong artists can make unique stories as Hong Kong is not only a key financial hub in the region, but also boasts a unique culture.
"The declining sales of manga books and magazines are not only seen in Hong Kong, but no matter how the works fare in the market, artists should always be in the first place. So what we do is to cultivate the talents for better products."
Also at the exhibition, Sony is showcasing the Playstation 4 and much-anticipated racing game, 'Driveclub' while US rival Microsoft is promoting its Xbox One console.
The console is on sale in Hong Kong now and is set to launch in the Chinese mainland and Japan in September.
The exhibition is expected to draw some 700-thousand visitors before it closes on Tuesday.
For CRI, this is Li Jing in Hong Kong.
 
 
Biz Reports
 
 
Anchor
First let's get a preview of what we can expect on the markets this week.
Here's Su Yi.
Reporter
Big week for the US economy.
Wednesday's U.S. GDP reading and jobs data on Friday will help markets judge the strength of the economy's rebound and the likely speed of the Fed's return to a more conventional monetary policy.
The Fed will meet on Tuesday and Wednesday to decide whether it will further pare its bond purchases.
Recent housing and capital spending data, plus a mixed bag of second-quarter earnings, have raised the risk that even a moderate GDP bounce may fall short of expectations.
Friday's disappointing report on durable goods orders in June have spurred JPMorgan and Goldman Sachs to shave their second-quarter outlook to 2.6 percent and 3 percent respectively.
The International Monetary Fund is predicting US growth may accelerate to a pace of 3 to 3.5 percent through the rest of this year.
The US economy contracted nearly 3-percent in the first quarter, dragged down by a weak housing market, a slower pace of restocking by businesses and lower exports, on top of unseasonable weather.
Here in China, the government's full month PMI reading for June, as well as the final reading of HSBC's June stats are due out on Friday.
Most observers expect the stats will show China's economy has picked up through this month.
 
 
Audi cuts spare-part prices in China amid anti-monopoly probe
 
Audi has announced it's going to cut its spare-part prices here in China connected to the anti-monopoly probe in the automobile industry currently underway.
The National Development and Reform Commission is investigating the industry amid complaints that foreign carmakers are overcharging Chinese customers on products and spare parts.
As part of the move, Audi says it's going to reduce the total cost of spare parts for an Audi A6L by about 30 percent.
The specific details haven't been revealed.
The announcement comes on the heels of Jaguar-Land Rover cutting prices on three of its models in China in response to the Commission's probe.
 
 
Scandal-hit food firm in Shanghai withdraw all products
 
The American holding company of a scandal-hit food supplier in Shanghai says it is withdrawing all products made by its subsidiary.
Shanghai Husi is at the center of a major food safety scandal, which has spread from the mainland to Hong Kong and Japan, amid allegations it reprocessed expired meat with its fresh materials.
The scandal has dragged in global food brands including McDonald's and KFC-parent Yum Brands Inc.
Chicago-based OSI Group says it is "withdrawing from the marketplace" all products made by Shanghai Husi.
OSI Group also says it is carrying out an internal investigation into current and former senior management at its Shanghai branch.
The group also promised to fully cooperate with authorities in Shanghai to look into the case.
Five people have already been detained as part of the investigation.
 
 
Administrative reforms help stabilize economic growth: Chinese Premier
 
Chinese Premier Li Keqiang says the government's efforts to reduce administrative approval procedures and delegate power to lower levels have helped economic growth.
Li Keqiang's comments have come at a symposium involving small and micro-sized business owners in Shandong's provincial capital, Jinan.
Speaking at the event, the Chinese premier says the government is committed to continuing to reduce administrative procedures for small businesses.
Close to 1.7 million new businesses have been registered in China this year.
All but 100-thousand of them are private-sector firm.
 
 
Banks accused of rigging silver price
 
A lawsuit filed in the US is accusing Deutsche Bank, HSBC and Canada's Bank of Nova Scotia of attempting to rig the price of silver.
The plaintiff is alleging the banks, which set the price of silver each day, have abused their position in the market.
Deutsche Bank and HSBC have not commented on the filing.
Bank of Nova Scotia has issued a statment, saying it will "vigorously defend" itself.
Previous investigations by US regulators have found no wrongdoing in the silver market.
The lawsuit follows similar filings connected to the gold market.
 
 
Goldman mortgage deal with federal agency could reach $1.25 billion: source
 
A deal to resolve a U.S. regulator's claims against Goldman Sachs over mortgage-backed securities sold to Fannie Mae and Freddie Mac could cost the bank between 800 million and 1.2 billion dollars.
Goldman sold debt-laden mortgage backed securities in the lead-up to the financial crisis in 2008.
A person familiar with the matter says Goldman is discussing a settlement with the Federal Housing Finance Agency, which has 18 different lawsuits pending against Goldman and other banks.
The US housing authority has already recovered some 16 billion in agreements with other banks.
 
 
World's largest amphibious aircraft starts trial production in China
 
China is now test-producing the world's largest amphibious aircraft designed for firefighting and air-sea rescues.
With a maximum takeoff weight of over 50 tons, the TA600 is larger than a Boeing 737.
Executives with the China Aviation Industry General Aircraft Corporation says the TA600's maiden flight is expected by the end of next year.
The TA600 is going to become the world's largest amphibious aircraft, replacing the Japanese-produced ShinMaywa US-2.
 
 
Headline News
 
 
French forces secure crash site of Algeria flight
 
French forces have secured the site of the Air Algerie plane crash in Mali.
More than 200 French, Malian and Dutch troops from the United Nations force in Mali have secured the site ahead of the investigators' arrival.
French and Malian aviation investigating units are now arriving at the site.
The Air Algerie flight crashed in northern Mali early Thursday, killing all 118 passengers and crew, nearly half of whom are French.
The plane's black boxes have been recovered.
Initial indications are the plane mave have gone down in bad weather.
 
 
Lavrov, Kerry urge for ceasefire, negotiation in Ukraine
 
The top diplomats of Russia and the United States are calling for immediate ceasefire in Ukraine's conflict zone as well as negotiations between the conflicting parties.
Russian Foreign Minister Sergei Lavrov had a phone conversation with U.S. Secretary of State John Kerry over the weekend.
They urged relevant sides of the Ukraine crisis to facilitate and cooperate in the ongoing international investigation of the downing of Malaysian Airlines Fight MH17.
Meanwhile, the Dutch government is ruling out any military intervention in securing the crash site of the Malaysian passenger jet, as fighting between Ukrainian forces and rebels has intensified in the area.
 
 
Ceasefire in Gaza stalls as conflict continues
 
A 24-hour ceasefire in Gaza has collapsed, with both Palestinian militants and Israel re-launching offensives.
Both sides observed a 12-hour humanitarian ceasefire on Saturday, people living in Gaza to gather supplies and retrieve bodies buried under the rubble.
However, a 24-hour truce set for yesterday collapsed, with both sides accusing the other of breaking it.
Over a thousand Palestinians, mostly civilians, have been killed in the nearly 3-week Israeli offensive.
Over 40 Israelis have been killed in the fighting.
 
 
China to conduct military exercise
 
The Chinese military has announced that it will conduct an exercise in the southeast coastal areas starting Tuesday, but the military is stressing that the exercises are not the major factor behind the recent massive flight delays.
The Ministry of National Defense says both military and civil aviation management authorities have taken measures to minimize the exercise's impact on civil flights by opening temporary air routes, allocating protection airspace, and setting down alternative deviation plans.
It says recent flight delays were mainly the result of meteorological conditions.
Massive flight delays from bad weather have been affecting Shanghai and other cities.
 
 
Former Georgian president summoned for questioning
 
The Chief Prosecutor in Georgia has summoned the country's former president Mikheil Saakashvili for questioning.
This is the second time in four months Mikhail Saakashvili has been summoned.
Saakashvili has been summoned to help with investigations into criminal cases involving high-profile officials of his administration.
The full details of the investigation have not been revealed.
 
 
Italy's sunken ship Concordia reaches Genoa, its final destination for scrapping
 
The final journey of the stricken Italian cruise liner Costa Concordia has come to an end on Sunday at the port of Genoa in northern Italy.
The ship is now being scrapped.
Concordia was towed from where it capsized to Genoa, which is more than 200 nautical miles.
The stricken ship hit rocks and capsized 30-months ago, leaving 32 people dead.
 
 
Newspaper Picks
 
 
BEIJING MORNING POST
Headline
Killing of Chinese student
Summary
The Chinese Consulate General in Los Angeles is condemning the killing of a Chinese graduate student at the University of Southern California.
24-year-old Ji Xinran was assaulted near the USC campus while walking back to his apartment.
The motive behind the attack remains unclear.
The consulate is warning other Chinese students to be more alert.
GLOBALTIMES
Headline
Harsh restrictions on China's defaulters
Summary
This country's highest court says around one-fifth of all those who hadn't paid their court fines have now done-so.
This follows the implementation of new rules back in October which impose restrictions on travel and employment to those who don't pay their court fines.
CHINA DAILY
Headline
North China drought
Summary
Local authorities say a lingering drought in Inner Mongolia has left around 300-thousand people short of drinking water.
Drinking water has been scarce in Inner Mongolia since April.
Compounding the problem, forecasters are warning temperatures are going to top 35 degrees this week.
THE BEIJING NEWS
Headline
Roads to Crops
Summary
Twenty new asphalted roads that had yet to be opened to traffic have been converted into crops in Jiangsu.
Authorities have launched an investigation into how this all took place.
SHANGHHAI DAILY
Headline
GM rice widely sold
Summary
A new investigation has found genetically-modified rice is widely on sale around the province in Hubei.
Three out of five bags of rice randomly purchased in supermarkets in the provincial capital Wuhan have been found to contain GM varieties.
Genetically-modified rice production or import has never been approved here in China.
PEOPLE' S DAILY
Headline
Wuhan flights to Moscow
Summary
Authorities in charge of the main airport in Hubei's capital have announced a direct air route is being opened between Wuhan and Moscow on Wednesday.
The trip will take about 9 hours.
The flights will run every Wednesday, Friday and Sunday.
 
 
Special Reports
 
 
Suggestions on Chinese Children's Film Development
 
Anchor
A forum recently held here in China has been discussing the need for more children-oriented films to be made in this country.
CRI's Xu Fei has more.
Reporter
Today, if children are asked to name several of their favorite movies, they would easily answer with foreign blockbusters, like Kung Fu Panda and The Croods.
However, few children know the movie "In the Blue" despite being widely recognized as a good movie for children as well as its all star cast which includes famous actress Zhang Jingchu, singer Na Ying and renowned comedian Jiang Kun.
Director Yuan Weidong thinks making movies for children is a meaningful pursuit that he should adhere to and that's why he embarked on shooting "In the Blue".
"The first time I shot children's film I worked as a director. When working together with those children actors, I found that I really need to do something meaningful for our kids, so I have been upholding this pursuit. In 2005, we invited more than 20 stars from the Chinese mainland, Hong Kong and Taiwan, and none of them asked any pay for their roles in my film, which made me feel encouraged."
However, there aren't too many filmmakers who shared Yuan's persistency in light of the fact that Chinese children show little interest in local movies.
Answer Marketing Consulting, a company that is dedicated to children's market research, conducted a survey on 300 children aged between seven and 16 in ten Chinese cities. The survey shows Chinese urban children consumed little and talked even less about Chinese films from 2012 to 2013.
Li Luling, president of the company, thinks the children's movie market is inactive because parents failed to perform a guiding role.
"Children's film market in China is not fully developed yet. I think parents have no such concept as choosing Chinese children's movies for their children. Film is a product that's made for children to enjoy but parents pay bills. So children films' makers are faced with the problem of how they could arouse the interest of both parents and children and make these contents into their film production."
According to a senior expert on financing film and TV products with the Chinese Ministry of Culture, the country has produced more than 300 films for 300 million young children.
Liu Zhenmin, however, voiced concern over a short supply of indigenous, genre films, particularly those movies portrayed by real actors instead of cartoons.
He also thinks the development of children's films rely on good scripts as well as funds for film production. The current slow progress in children's films is largely related to a shortage of funding, as Liu explains.
"It is still very rare for financial institutions to be involved in the film industry, including children's films. Although the Chinese government has many preferential policies to support film production, like offering a loan for film production, the money often arrived in place very late. There is lack of government support for investments ahead of film production. Even worse, children's films stay at a much weaker place in the entire film industry."
The forum, which has been held in Beijing recently, is not only for promoting collaboration for children's filmmaking, but more importantly exploring ways to raise investment in Chinese children's movies particularly when the film projects are short of funds. Liu Zhenmin explains on his suggestions.
"Why can't we have forward-thinking? At present, some newly emerging Internet financial instruments have provided us with opportunities. If we are determined to produce a children's film, we may initiate a fundraising program on the Internet with a good script and creative team of staffs. Small things together may make something bigger. The investment could be as small as several hundred yuan or tens of hundreds of yuan, so that investors care their own support for children's films more than the return of their investments. Filmmakers need to make the whole process transparent to investors, who are equivalent to a film's shareholders."
The forum gathered approximately 200 elite professionals from China's culture industry, financial enterprises as well as children's market researchers, sharing insight on the topics ranging from film content innovation to marketing of children's film properly.
BACK ANCHOR: CRI's Xu Fei reporting. 
 
 
Sports
 
 
Liverpool Sign Croatian Defender Lovren
 
In European football news,
Croatian international defender Dejan Lovren has signed a long-term deal with Liverpool in a transfer from Southampton.
The deal is reported worth around 20 million pounds.
Dejan becomes the third player to switch from Southampton to Liverpool, following striker Rickie Lambert and midfielder Adam Lallana.
----
Real Madrid coach Carlo Ancelotti says he expects Angel Di Maria to return for pre-season training on next week.
But at the same time, he's also not commenting on the Argentinian winger's possible transfer to French side Paris St Germain.
It's being reported Di Maria is going to sign with PSG in a deal worth an estimated 55 million pounds in the coming days.
Di Maria has also been talked about in a potential move to Manchester United.
 
 
Chinese Super League 16th Round Results
 
Action this weekend from the Chinese Super League,
It was Harbin Yiteng blanking Shandong Luneng 2-0.
The win is Harbin's second in a row.
In other action, Shanghai SIPG was held to a 3-3 draw with Liaoning.
Guangzhou Evergrande got past Henan Jianye 1-0.
With the victory, Guangzhou Evergrande now tops the league rankings with 39 points.
Beijing Guoan sits in 2nd with 32 points.
 
 
Italy's Vincenzo Nibali Wins Tour de France
 
Italian cyclist Vincenzo Nibali has won this year's Tour de France.
Nibali beat runner-up Jean-Christophe Peraud by 7 minutes 37 seconds to take this year's title.
With the win Nibali became the sixth man to win all three of cycling's main events.
Germany's Marcel Kittel took the final stage of the Tour.
Chinese cyclist Cheng Ji, the first Chinese national to compete in the event, finished in 164th.
----
On the women's side,
Dutch cyclist Mariane Vos has emerged victorious at the inaugural edition of women's cycling's La Course in Paris.
Vos' compatriot Kirsten Wild came in second and Leah Kirchman of Canada came in third.
 
 
Golf Roundup
 
In golf,
South African Tim Clark has rallied to win the Canadian Open by one stroke over two-time champion Jim Furyk.
Clark carded a five-under-par-65 in his final round to finish at 17-under to claim his second career PGA Tour victory.
Jim Furyk finished in second, one-back after a final-round 69.
--
On the European Tour,
England's David Horsey overcame Ireland's Damien McGrane in a play-off to win the Russian Open.
The victory is Horsey's first European Tour title in three years.
Scotland's Scott Jamieson took third.
----
On the women's side,
Spain has taken this year's International Crown event.
All of Spain's women won their singles matchs on the last day of the tournament, giving Spain a total of 17-points, three ahead of 2nd place Sweden.
--
France's Julie Greciet has claimed a first Ladies European Tour victory at the Sberbank Golf Masters in Prague.
Greciet has finished two strokes ahead of South African Lee-Anne Pace at 17-under-par.
----
On the Senior's tour,
German veteran Bernhard Langer has gone wire-to-wire, sealing record-breaking victory in the Senior British Open by 13 strokes, finishing his weekend in Wales at 18-under.
Langer hit six birdies in his final round to best Colin Montgomerie, who finished well behind in second at minus-5.
 
 
Tennis Roundup
 
In tennis,
Top-seeded John Isner has successfully defended his Atlanta Open title by overpowering Israeli player Dudi Sela 6-3, 6-4 in the final.
Isner has won two of his nine career titles in Atlanta.
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At ATP's Swiss Open,
Spain's Pablo Andujar has won his first title in more than two years, beating Juan Monaco of Argentina 6-3, 7-5 in the final.
It is Andujar's third career title.
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At ATP's Croatia Open,
Uruguayan qualifier Pablo Cuevas upset defending champion Tommy Robredo of Spain 6-3, 6-4 to win the title.
He is the second qualifier to win an ATP World Tour tournament this year after Slovakia's Martin Klizan at Munich in May.
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In women's competition,
Elena Svitolina of Ukraine has successfully defended her title at the Baku Cup, defeating 2012 champion Bojana Jovanovski of Serbia in the final 6-1, 7-6.
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And at the WTA's Nanchang Open,
China's Peng Shuai has clamed the title after beating compatriot Liu Fangzhou 6-2, 3-6, 6-3 in the final.
 
 
Red Bull's Daniel Ricciardo Wins F1 Hungarian Grand Prix
 
In Formula One,
Australian Daniel Ricciardo has won this year's Hungarian Grand Prix for Red Bull.
The victory is the Red Bull driver's second win of the season, following a win at the Canadian Grand Prix in June.
"It feels as good as the first, it really does. I don't know, the safety car at the beginning played to our advantage and then I thought when the second one came out it didn't really help, us but we managed to pull it off at the end and had to pass our way through and that was a lot of fun the last few laps."
Ferrari's Fernando Alonso finished second.
Lewis Hamilton came in 3rd.
Drivers's championship leader Nico Rosberg finished fourth, cutting his lead over Hamilton in the driver's standings from 14 points down to 11.
F1 now has a few weeks off.
Next on the Formula One calendar is the Belgian Grand Prix on August 24th.
 
 
Byron Scott Says He Will be LA Lakers' New Coach
 
In off-season NBA news,
Byron Scott has reportedly reached a deal with the Los Angeles Lakers to be their new head coach.
However, the Lakers are insisting they've not yet finalized a deal.
Former Lakers' bench-boss Mike D'Antoni was ousted after the end of the regular season.
Scott coached in New Jersey, New Orleans and Cleveland.
Byron Scott also just happened to be Kobe Bryant's teammate during his rookie year with the Lakers in 1996.
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News out of Ohio is suggesting LeBron James will go back to wearing jersey Number 23 in his return to Cleveland.
James wore No. 6 in has four seasons with Miami.
LeBron wore number-23 in high school and during his seven seasons in Cleveland.
 
 
Entertainment
 
 
"The Continent" Runs Over "Tiny Times 3" for Top Spot at Box Office
 
"The Continent" knocked "Tiny Times 3" off its short-lived peak to take top spot at the Chinese box office on its opening weekend.
(The Continent" trailer)
The nostalgia-laden road trip movie brought in more than 74 million yuan, or around 12 million U.S. dollars, on its first day, putting the film on track for a weekend gross of more than 50 million U.S. dollars.
In the film, three childhood friends go on a road trip to rediscover themselves. Along the way, the trio meets an assortment of characters and go through experiences that will change their lives forever.
"The Continent" is author and racecar driver Han Han's directorial debut. Prospects for the film looked promising even back in May, when the trailer for the film was downloaded over 5 million times.
 
 
'AVENGERS' STAR CAST UNVEIL 1ST GLIMPSE OF SEQUEL AT COMIC-CON
 
Several members of "The Avengers" have descended on Comic-Con to debut the first footage from the upcoming superhero sequel.
"Iron Man" star Robert Downey Jr. and other members of the star-studded cast for "The Avengers: Age of Ultron" were on hand over the weekend in the U.S. city of San Diego.
The team unveiled the first glimpse of their next on-screen adventure to the 6,500-plus attendees at the Con.
Downey Jr. promised a perhaps darker take on the superheroes than in the blockbuster first team-up.
"The first one is about can we get these folks together. This one is can we keep them together given the immensity of the challenge. And I think it also goes a little deeper into their fractures in their psyches."
The teaser footage ended with a bleak scene of all the Avengers fallen with a haunting close up of Captain America's shield split down the middle.
The presentation ended with a brief appearance by actor Josh Brolin, who voices the alien villain Thanos in both "Age of Ultron," which is set for release next May, as well as "Guardians of the Galaxy," the cosmic Marvel romp that comes out in the U.S. on Friday.
 
 
China Looking to Produce Own Version of "Avatar"
 
China is producing a 3D fantasy movie with aims to make it an epic on par with the U.S. blockbuster, "Avatar."
"Bainiaoyi" is expected to start shooting in May of 2015 in the Guangxi Zhuang Autonomous Region and debut in the regional capital of Nanning at the end of 2016, according to an announcement at the film's opening ceremony.
The movie is based on a story from the Zhuang ethnic minority in which a young man named Guka goes on a journey to find the "bainiaoyi," a type of magical clothing, to defeat an evil dragon that terrorizes the Zhuang people.
The production team includes special effects directors from "Avatar" and "Pirates of the Caribbean," as well as a scriptwriter from "Terminator 2" and "How to Train Your Dragon." The Beijing Chinese Century Media Company is producing the film.
 
 
Former Talk Show Host Cui Yongyuan to Enter Film Industry
 
The Guangzhou Daily reported over the weekend that former talk show host Cui Yongyuan intends to join China-based Ruyi Film Company to become a movie producer.
Cui says in intends to help launch the careers of China's up-and-coming filmmakers.
Ruyi Film Co. has produced many well-known Chinese big-screen features, including the recent comedy "Old Boys: The Way of The Dragon" and the hit 2013 drama, "So Young."
Cui made the statement during an interview with the paper shortly after a screening of "Old Boys," where the former host booked an entire theatre room and invited his online fans to attend, free-of-charge.
The ex talk show host credited the movie with redefining his meaning of success.
Last week, lawsuit was filed against Cui by anti-fraud campaigner Fang Zhouzi for defamation of character concerning their genetically-modified food debate, which took place on social media last September.
 
 
 
That’s it for this edition of the Beijing Hour.
A quick recap of headlines before we go.
French military forces have now secured the site of a crashed Algerian airliner in northern Mali.
Foreign diplomatic staff are being moved out of the Libyan capital amid a new uptick in fighting over Tripoli's main airport.
A lingering drought in central China has left tens-of-thousands short of drinking water.
In Business.... a new anti-monopoly probe is leading to price-cuts for Audi auto parts.
On behalf of the Beijing Hour staffers, this is Paul James in Beijing hoping you'll join us for our next edition of the Beijing Hour to open a window to the world together.

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