to see that with the right structure, we can get tons of be

Lu Yong, vice-president of Huawei Technologies Co, said China’s d igital economy has thrived on the basis that China has built the world’s largest 4G network. “5G is not just a faster 4G. It will fundamentally reshape how enterprises run busine sses and overhaul a wide range of industries by using data to create more value,” Lu said. Foreign Ministry […]

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Pompeo said in an interview with CNBC that, “We’ve been

working at the State Department to make sure that everyone understands the risks.” “Recently, some US politicians have repeatedly made rumors about Huawei but canno t provide any evidence that other countries have requested,” Lu told a daily news conference. He noted that the US public is having more and more doubts over the market turbulen ce and undermined industrial […]

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China will further open the financial market to welcom

e more overseas investors in. The cross-border trade and investment will be more free and convenient, said Pan. He called China’s economy stable, as the major economic indicators were within a reasonable range. In April, the National Bureau of Statistics said the purchasing ma nagers’ index for the manufacturing sector stood at 50.1, indicating expansion as the reading was above […]

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“Learning to work together in an orderly, high trust

level, and supported by diverse interest groups will prevent conflicts among stakeholders in the South China Sea,” Santarita said. Scientists from China and other countries involved in the Belt and Road Initiative will work together to enhance scientifi c and technological cooperation in disaster prevention and mitigation, according to a joint declaration. He said Asia’s emphasis on “respect for authority, […]

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Henrik Slotte, a senior disaster management expert fro

m the UN Environment Program, said poorly managed infrastructure projects can damage the ecosystem. He said it is key for scientists to communicate with government officials to create better planning and new solut ions, and more interdisciplinary research into natural disasters and risk management is also helpful. Guanxi, compadrazgo and bapakism. Three words from China, the Philip pines and Indonesia […]

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he premier attached great importance to such measur

asures as reducing the rate of the value-added tax, increasing the tax exemption for research costs and reforming individual income tax. The measures should not only ease the tax burden for manufacturing com panies but also reduce taxes for construction enterprises, which provide a great num ber of jobs, Li said, adding that all industries should be covered by the […]

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ent Xi Jinping speaks at the opening ceremony of the

hina will increase imports of goods and services on a larger scale. China will further lower its tariff rates. China not to adopt beggar-thy-neighbor currency devaluation China will continue to improve the exchange rate formation mechanism of its curren cy, the renminbi, and keep the exchange rate generally stable on a reasonable and balanced level. China establishes mechanism for fulfilling […]

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Xi added that the two countries should jointly prom

mote the building of the Asia-Pacific free trade zone and maintain the multilateral trading system. He said China and Latin American countries should support each other, make full use of their complementary advantages and achieve win-win cooperation. The two sides should pursue comm on development and jointly build a community with a shared future for China and Latin America, Xi […]

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Provincial growth tops expectationsroducts at a mach

Figures show faster Q1 development, signaling a healthy start for industries Most provinces in China achieved faster-than-expected growth in the first quarter of 2019, reflect ing the resilience of the country’s sprawling industrial economy, the country’s top industry regulator said on Tuesday. Huang Libin, a spokesman for the Ministry of Industry and Information Technology, said at a news conference that […]

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Employees have been working according to the che

edule in some companies, including some well-known internet enterprises. Earlier this year, Youzan, an e-commerce compa ny based in Hangzhou, Zhejiang province, triggered controversy by introducing the “996” schedule in its annua l meeting. The move even prompted the labor authorities to conduct an investigation against Youzan. Workers have been working overtime in many industries for yea rs. But now, […]

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