vice by October, an increase in the number of China’s ETC users will make the 90 percent passage via ETC
a reality by year-end, the action plan said.
Starting from July 1, 2019, the country will strictly implement the poli
cy of granting a discount of no less than 5 percent off expressway tolls for ETC use
rs. By the end of the year, the number of ETC users is expected to top 180 million, the action plan said.
The plan calls for increased investment in building the ETC infrast
ucture to increase the proportion of ETC lanes, which should be no less than 70 percent by
the end of October for big and medium-sized cities, new towns and sites near scenic spots.
Given that some vehicles may not have installed ETC devices by yea
r-end, expressways will still offer some manned lanes, accepting mobile payment.
and research institutes from home and abroad, including the Bench Coun
cil, Chinese Academy of Sciences, China Software Testing Center under the Mini
stry of Industry and Information Technology, Alibaba and Cambricon.
It can simulate the verification environment for future smart devices, said Feng Shengzhong, head of the center.
As a part of the Bench Council’s 2019 International Symposium on Intelligent Computers, an interna
tional AI competition started Friday in Shenzhen, which has made the new testbed the venue.
Feng said the center had taken charge of the operation and maintenance manage
ment together with the Beijing Academy of Frontier Sciences and Technology.
stration of China, also called for more efforts to develop the homegrown big data sector and
highlighted that stepping up research and development is key to mastering core technologies.
Paul Romer, co-recipient of the 2018 Nobel Prize in economics and p
rofessor of economics at New York University, said he is impressed by China’s proposal in cyb
er sovereignty which he understands as: Each nation must be able to write and enforce its own laws that regu
late cyberspace, and ensure that cyberspace works to the benefit of everyone in the nation.
“China’s articulation and implementation of cyber sovereignty means it is
a chance for the world to see a different kind of organization for cyberspace, and a cha
nce to see that with the right structure, we can get tons of benefits,” Romer added.
Lu Yong, vice-president of Huawei Technologies Co, said China’s digi
tal economy has thrived on the basis that China has built the world’s largest 4G network.
maintain its monetary hegemony and thus ensure its financial sector offers higher pay and retur
n on investment compared with the real economy sectors, which helps it to maintain its advantage in at
tracting talents and capital. This in turn prompts the authorities to introduce more favorable policies and regulations for
the enterprises based in the US, which is essentially a combination of representative democracy and market eco
nomy. Under such circumstances, how can the US promote sustainable reindustrialization?
Besides, reindustrialization is not possible without rebuilding or strengthening infrastructure facilities. And
although the US leader has been claiming to implement a trillion-dollar infrastructure plan－and even made it on
e of the pillars of his “Make America Great Again” campaign－not much has come of it.
The emerging service sector also grew very fast, Meng said.
In April, the information transmission industry, along with software and inform
ation technology services, grew 25 percent year-on-year, 17.6 percentage points higher than the national index of services.
Online retail sales amounted to 3.04 trillion yuan ($440.2 billion) in the first four m
onths, a year-on-year increase of 17.8 percent. Around 17.07 billion parcels were delivered, up 24.8 percent over last year.
She said the transformation of traditional industries is speeding up as they combine with information technology.
“Through implementing national big data and internet plus strategies, internet, big da
ta, and artificial intelligence technologies have been widely used in China’s real economy,” she said
ernational Science Organizations, a group created to connect the scientific communities of BRI participants.
Bai Chunli, president of the academy, said in the conference’s opening ceremony on Saturday that areas along the Silk Road are
prone to various natural disasters that have resulted in massive loss of life and economic damage.
“As a result, it is paramount to use new technologies and international cooperation to jointly tackle these nat
ural disaster risks, protect ecological security and achieve sustainable development,” Bai said.
The academy will continue to collaborate with foreign partners to create new platfor
ms and mechanisms to improve disaster management and ecological protection, he added.
Mami Mizutori, head of the UN Office for Disaste
r Risk Reduction, said in a video speech that the scale and reach of the world’s largest infrastructure initiative will impact billi
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Premier Li Keqiang urged government departments to speed up the implementation
of tax reductions to invigorate the country’s economy, amid rising uncertainties about growth on Friday.
Li was speaking with entrepreneurs from the manufacturi
ng, construction and service sectors at the Zhongnanhai leadership compound in Beijing.
The businesspeople said they have received benefits from the tax reduction measu
res in the past months, after the measures were introduced by Li in the Government Work Report in March. They
also offered advice on how to further ease the tax burden on businesses.
After hearing their opinions, Li called tax reduction a great decision made by the Communist Party of China Central Comm
ittee and the State Council. It has boosted market confidence in outstanding ways and promoted the stable
growth of the economy, he said, adding that the positive factors for economic growth are increasing.
American Soybean Association President Davie Stephens said on Tuesday.
President Donald Trump threatened in a tweet on Sunday to increase tariffs.
Stephens, a grower from Clinton, Kentucky, said that US farmers are in a tough situation, and with depressed prices
and unsold stocks forecast to double before the 2019 harvest begins in September, farmers urgently need the China market.
“We need a positive resolution of this ongoing tariff dispute, not further escalation of tensions,” he said in a release posted on the ASA web site.
Nicole Kaeding, vice-president of federal and special projects at the Washington-based Tax Foun
dation, said that if the Trump administration follows through on the president’s threat, it’s US taxp
ayers, not Chinese taxpayers, who will pay the price — thanks to higher prices and fewer job opportunities.
sustained sense of security, Xi said.Beijing blasts US Congress for Taiwan defense bill
Xi called for reforms in public security work and said big data should be used as a major engine to promote innovation in the sector. More
measures for higher-quality services should be implemented to give the public a substantial sense of fulfillment, he added.
While demanding that high discipline be exercised within the public security forc
es, Xi said there will be zero tolerance for violations of laws and Party discipline.
He also urged Party committees at all levels to suppo
Beijing resolutely opposes the United States House of Representatives for passing a bill on Tues
day to bolster Taiwan’s defense capability, calling it “boorish interference” in China’s domestic affairs.
Foreign Ministry spokesman Geng Shuang made the comment on Wedn
esday after the House voted to pass a nonbinding resolution reaffirming the US commitment to Taiwan. It also backed the
so-called Taiwan Assurance Act of 2019, which supports Taiwan increasing its defense spending.
rt public security staff in exercising power and fulfilling their responsibilities in accordance with the law.
Chinese President Xi Jinping congratulated Thai King