ate interests, heed its people’s will and safeguard the basic

The two countries should follow the direction set by their heads of state, manage d

ifferences on the basis of mutual respect and expand cooperation on the basis of mutual benefit, he added.

Ren Zhengfei, founder and CEO of Huawei, told the Nikkei Asian Review on Satu

rday that the company has not done anything that violates the law, and the ban will have a limited impact on its business.

However, Xiang Ligang, director-general of the telecom industry association Informat

ion Consumption Alliance, said the US ban will disrupt the global electronics industry, given the size of Hu

awei as the world’s largest telecom equipment maker and the second-largest smartphone vendor.

www.qianhuaes.com

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Huawei launched its 5G smartphone in London on Thu

rsday as mobile network operators prepare to switch on 5G network in parts of the United Kingdom, Xinhua reported.

Also in Saturday’s call, Wang Yi urged the US to observe the one-China policy and the three joi

nt communiques between the two countries, and handle Taiwan-related issues carefully and properly.

The US House of Representatives passed a resolution reaffirmin

g the US commitment to Taiwan and the Taiwan Assurance Act of 2019 earlier this month.

Wang noted that China has expressed its firm opposition to the US recent negative remarks and actions related to Taiwan.

galerialamanai.cn

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

it its lowest level since November. Trade talks betw

ween China and the United States recently faltered and a large amount of additional tariffs are expected to be imposed on imports from both sides.

China will take necessary measures, in response to foreign exchange market flu

ctuations, including using a strengthened risk management system, said Pan.

He also stressed that authorities would crack down on illegal activities in foreign exchange trading.

“China has sufficient policy tools,” said Pan, who is also director of th

e State Administration of Foreign Exchange, the country’s foreign exchange regulator.

The PBOC vice-governor also confirmed on Sunday that China will continually implement

opening-up policies and improve the environment for overseas investors and protect the legal rights of foreign investors.

www.galerialamanai.cn

Tags: , , , , , , , , , , , , , ,

The China-US trade disputes have significantly influe

enced the renminbi’s performance, said Wang Shengzu, co-head of Investment Strategy Group Asia Goldman Sachs.

But the currency is unlikely to slip out of a reasonable range, assuming there is no big shock from the trade talks, Wang said.

As a sound base for a stable renminbi, “the Chinese economy has shown sig

ns of bouncing up, shown by the faster-than-expected growth of industrial output, ret

ail sales, and credit in the first quarter, and this means that economic activity is improving with supportive pol

icies”, said Wang.Liu Shiyu, China’s former top securities regulator, was under investigation for alleged violations of

the law, according to a statement Sunday from the Central Commission for Discipline Inspection.

www.njlongflt.com

Tags: , , , , , , , , , , , , , , , , , ,

Zhang Dawei, chief analyst with Centaline Property, sai

id the main reason behind this is the real estate market in some cities is at risk of going out of control, and the land market shows signs of overheating.

China’s house prices continued to stabilize despite slight increa

ses in April, according to the National Bureau of Statistics. Sixty-seven out of the 70 major Chi

nese cities saw an increase in the number of newly built homes that were sold in April.

On a month-on-month basis, new home prices in Dalian and Nanning rose 0.7 percent and 0.9 percent, re

spectively. On a year-on-year basis, new house prices in these cities grew 13.2 percent and 11.5 percent, respectively.

Although excluded from the 70 major Chinese cities surveyed by the N

ational Bureau of Statistics, Foshan and Suzhou also saw a surge in home prices in April.

njlongflt.com

Tags: , , , , , , , , , , , , , , , , , ,

Telecom carriers, chipmakers and smartphone vendors

 in China are ready to commercialize 5G. China will directly grant 5G licenses, instead of the prev

ious plan to give several key cities interim 5G licenses, to better time the rollout,” said a source clo

sed to the telecom industry regulator who asked to remain anonymous because public statements are not authorized.

Michael Gao Wenhao, deputy general manager of the 5G industrial products line at ZTE, disclosed at a 5G conference in

Hong Kong on Thursday that “China is likely to start commercial use of 5G nationwide on Oct 1”.

He told China Daily that he got the information from the country’s major telecom operators.

China said earlier that it was considering a pre-commercial launch of 5G this year, follo

wed by large-scale commercialization in 2020. Miao Wei, minister of industry an

www.njlfb.com

Tags: , , , , , , , , , , , , , , , , , , , ,

Also on Friday, shortly after the US said it would ban Hu

awei from buying US technology without special approval, Huawei’s chipmaking arm, HiSilicon, said it has long been prepar

ed for the “extreme scenario” of the US blocking access to some components and technologies.

“We have been developing backup products for years in anticipa

tion. … Such efforts can ensure the strategic safety of most of the company’s products and

a continuous supply of most products,” said HiSilicon President He Tingbo in an internal letter.

Foreign Ministry spokesman Lu Kang said at a news conference on F

riday that the development and utilization of 5G depends on global cooperation, and int

erference by the US undermines the principle of fair competition and shows a lack of respect for other countries.

njlfb.com

Tags: , , , , , , , , , , , , , , , , , , , , , , , , ,

This facial recognition app tells one panda from another

Having trouble discerning one furry panda from another? A facial recognition app will make it easy for you.

The app is developed by the China Conservation and Research Center for Giant Pand

as along with researchers in Singapore Nanyang Technological university and Sichuan Normal University.

The image analysis research kicked off in 2017. A database now contains about 120,000 images and 10,000 video clips of giant pandas.

Close to 10,000 panda pictures have been analyzed, marked and annotated.

Using the database, researchers are able to carry out automa

tic facial recognition on panda faces to tell one animal from another, the center said.

www.njlfwk.com

Tags: , , , , , , , , , , , , , , , , , , , , ,

The number of captive pandas was 548 globally as of No

All outdoor activities are banned on Monday at all middle and

primary schools, kindergartens and middle voc

ational schools in Beijing, Beijing Municipal Education Commission said via Sina Weibo on Monday.

The move was taken after at least four people died in strong winds a day earlier.

Such activities include flag-raising ceremony, morning exercises and outdoor social practices.

At least four people were killed, more than 50 flights were diverted to other airports and two trains arrived late in Beij

ing on Sunday when strong gales flattened walls, knocked down trees and damaged farms.

njlfwk.com

Tags: , , , , , , , , , , , , , , , , , , , , , , , , ,

By 5 pm, out of 1,561 flights scheduled for that day flew

More than one million people have visited the Beijing International Horticultura

l Exhibition since it opened on April 29, the Beijing International Horticultural Exhibition Coordination Bureau said.

At 11 am May 17, Yan Shuchen from Zhangjiakou of Hebei province became the one-millionth

visitor to the expo. When his family of three entered the Gate No 1, two officials of the bureau w

alked toward them and after congratulating them, presented them a gift, a pair of mascots for the expo.

Yan said he drove his wife and daughter fromtech companies began to freeze the supply o

f components and software to Huawei Technologies after the US trade blacklist, acco Zhangjiakou to the expo.

Visitors could get a 10 percent off the price if they book their tickets two days ahead online.

njlfhsw.com

Tags: , , , , , , , , , , , , , , , , , , , , , ,