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.
Guan said that the Chinese team will launch an appeal to the World Taekwo
ndo, the sport’s world governing body, and the International Olympic Committee (IOC).
“We will definitely appeal to the decision,” he said. “And th
is referee’s qualification should be stripped of. This scandal is a serious damage to our sport.”
Booing drowned out any cheers from British fans as Walkden was announced as the winner and Zheng refused to ack
nowledge the Briton’s victory before sensationally collapsing on the podium and leaving the competition area in tears.
“I have been doing this sport for 16 years, but this is the first time I have realized that a taekwondo match could be played like this.
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.
started to implement a “negative list” program that allows foreign co
mpanies to have 100 percent ownership in investments in all areas of the economy, excep
t for a small number of areas, such as telecoms and defense, that are explicitly prohibited.
Also, foreign investment has been simplified by creating a one-stop regulatory shop and a single application process.
These new policies will lead to greater competition within China, forcing C
hina’s companies to become more efficient and to produce higher quality products.
The Chinese government has also recently announced tax cuts and financial regulations desi
gned to help private companies. This will hasten the ongoing transition to a market-driven economy.
Most Chinese State-owned enterprises are not relevant to trade negotiations. Many are in non-tradable sectors such as p
roperty development, infrastructure, or concrete. Others are basically public utilities in telecoms or power.
nomic strategy will focus on creating a highly competitive domestic market that forces com
panies to produce high-value goods so they can pay high wages to highly skilled people.
Because of its long experience in manufacturing, much of tha
t push will be focused on higher value-added production, using the new technologies of r
obotics, artificial intelligence, the internet of things and 5G. This is the only way to avoid the middle-income trap.
The reform and opening-up policies are exactly the kinds of market-driven reforms
needed to make this happen. The Chinese government is investing heavily in research and development, but it sho
uld be noted that the R&D spending as a percentage of GDP is still lower than that of the US.
e hospital was ordered to solve management problems rela
ting to the case, check on the condition of the surviving babies and console the parents.
A deputy director of the health bureau of the Shunde district of F
oshan, Guangdong, was also fired, and others deemed responsible were punished.
No new case has been reported in the hospitals that have treated the affected babies.
The provincial health commission has ordered all t
he medical institutions in the province to check their infection-control procedures.
The viral strain that affected the infants was identified by the commission as Echo 11. It is an intestinal virus to which child
ren, especially infants, are susceptible. It is closely related to a respiratory infection.
ups that have spent years raising money in private rounds at record prices. Many of these com
panies are now looking to follow with their own IPO. Some, like Uber and Lyft, are unprofitable.
Workplace messaging company Slack Technologies Inc plans to hold an investor presentation on Monday in adv
ance of its direct listing next month. Grocery and food delivery platform Postmates, WeWork owner The We Co
mpany and online mattress retailer Casper Sleep are among startups seeking to launch IPOs this year.
“If a venture capital investor wants to burn cash they can do that as long as they want, bu
t once you get to the public markets you have to show profitability or a path to it,” said Jordan Stuart, a po
rtfolio manager at Federated Kaufmann who often purchases companies’ shares during an IPO.
“The country has always adhered to international treaties, such as the Charter of the United Nations, the United Natio
ns Convention on the Law of the Sea, and the Spitsbergen Treaty, as well as other international laws and upheld the p
rinciple of respect, cooperation and common winning and sustainability when actively participating in Arctic affa
irs and contributing Chinese wisdom and power in the sustainable development of the Arctic region,” he said.
The annual Arctic Circle Forum, established in 2013 and initi
ated by Iceland’s then-president Olafur Ragnar Grimsson, is a platform to help the inter
national community care for, understand and protect the Arctic and discuss Arctic governance.
services will aim precisely at those most in need,” she said.Shan Jixiang, former director and curator of the Palace Muse