oao Forum for Asia, that China will grant 5G licenses this year, but didn’t disclose a specific date.
“5G, industrial internet and the internet of vehicles are among the country’s top development priorities
in the telecommunications industry,” Zhang Feng, chief engineer of the Ministry of Industry and Information Technology, sa
id on Friday during the World Telecommunication and Information Society Day.
Zhang called for accelerated efforts to set standards in key areas, including 5G, to expedite the com
mercialization of this forefront technology and bolster the nation’s core competitiveness.
Major Chinese smartphone maker Huawei Technologies Co has already unveiled its first 5G chip and first 5G fold
able smartphone, the Mate X, which is expected to hit the market in June, despite challenges involving the United States.
ong the country’s top development priorities in the telecommuni
cations industry,” Zhang Feng, chief engineer of the Ministry of Industry and Information Te
chnology, said on Friday during the World Telecommunication and Information Society Day.
Zhang called for accelerated efforts to set standards in key areas, including 5G, to expedit
e the commercialization of this forefront technology and bolster the nation’s core competitiveness.
Major Chinese smartphone maker Huawei Technologies Co has a
lready unveiled its first 5G chip and first 5G foldable smartphone, the Mate X, which is
expected to hit the market in June, despite challenges involving the United States.
Also on Friday, shortly after the US said it would ban Huawei from buying US t
echnology without special approval, Huawei’s chipmaking arm, HiSilicon, said
to sell chips to ZTE, a Chinese multinational telecommunications equipment and
systems company, even after imposing huge fines on the company. By so doing, the US has act
ually encouraged China to increase investment in its high-tech sector. So, even if China and the US were to strike a de
al, China would be prompted to import lower volumes of energy and agricultural products from the US.
In macroeconomic terms, the China-US trade dispute has added h
uge uncertainties to the US economy and raised the likelihood of recession. Which cou
ld thwart the US president’s chances of being re-elected in 2020. And the trade dispute c
ould prevent the US from taking the measures it intends to in order to consolidate its national power.
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
The root cause for the repeated twists and turns in the China-US trade talks lies, to a grea
t extent, in the United States’ serious deviation from, and disdain for, the objective laws of econ
omics. The fact that China will never accept its unreasonable demands further complicates the matters for the US.
The US administration’s often competing and clashing objectives－though m
any of them are understandable－cannot be realized simultaneously. For instance, the U
S hopes to revive its industries and boost its real economy while maintaining the huge bubble in its financial market.
A dream called sustainable reindustrialization
Yet the US expends huge amounts of its resources just to maintain its mo
netary hegemony and thus ensure its financial sector offers higher pay and return on inv
estment compared with the real economy sectors, which helps it to maintain its advantage in
erprises in China. Last year, intellectual property authorities punished violators in more
than 6,000 cases of infringing on rights of trademark registrants from overseas, with a t
otal value of 151 million yuan ($22 million), an increase of 50.1 percent over the previous year, the report said.
An agreement to support young scholars’ research into the Silk Road was signed between China and UNESCO during a ses
sion of the Conference on Dialogue of Asian Civilizations in Beijing on Wednesday.
Under the agreement, an international academic program will be launched with funding of $1 mill
ion from the Chinese government to scholars under 35 years of age from around the world.
Hosted by the Ministry of Education and UNESCO, the session – entitled “Safeguardin
g the Diversity of Asian Civilizations” – focused on cultural interactions among Asian people and disc
ussed challenges in terms of revitalizing the multiple cultures of Asian countries and regions.
government on Tuesday to consider the costs it would bear through raising tariffs.
He reiterated that China will never capitulate under any external pressure and hopes the US meets China halfway.
The US has no need to “worry about” China’s affairs, Geng said at a daily news conference. The country has made progress i
improving its foreign investment environment and has become a popular investment destination, he sa
id, citing the expansion of US-based Exxon Mobil Corp and Tesla Inc in the market last year.
Geng stressed that China welcomes foreign companies to increase investment in the market and will co
ntinue to establish a more stable, fair, transparent and predictable investment and business environment.
April, despite the continuing downward trend of the automotive market, Securities Daily reported on Wednesday.
From January to April, the country’s NEVs market experienced strong gro
wth of sales and production, recording a year-on-year increase of 59.8 percent and 58.5 p
ercent, respectively, according to China Association of Automobile Manufacturers (CAAM).
China sold 97,000 NEVs last month, an increase of 18.1 percent year-on
-year, while the output reached 102,000, up 25 percent compared with a year earlier.
Pure electric vehicles saw a rise in both sales and output by 9.6 percent and 28.2 percent, respectively, to 71,000 units and 82,000 u
nits in April. Besides, about 26,000 plug-in hybrid vehicles were sold during the same period, surging by 50.9 p
ercent from a year earlier, and the output increased 13.6 percent to 20,000 units.
s higher than men in new media operators and data analysts among the five professions, illustrating that burgeoning career opportunities and skill requ
irements are presenting an unprecedented advantage for women. That’s a change from the past, when women
normally had more household duties, especially in the era of universal two-child policy, he said.
Lu also said that the number of people engaged in human-centered job positions was growing faster than other rules.
“It implied that jobs requiring insights into people’s preferences and habits, such a
s marketing and human resources, are irreplaceable by machine intelligence so far,” Lu said.
A survey jointly conducted by research firm Trustdata and LinkedIn in April found career starters w
ere establishing their career goals earlier than past generations, exhibiting a stronger self-driven momentum.
To encourage them to move, Guizhou authorities have used a better schooling for their children as bait,” said Zhang Qing of Guizhou’s provincial Education Department.