Both the digital industry and digitalization of other indu

 industries develop fast, and new sectors have been emerging, such as unmanned warehousing, facial recognition payments and new online-to-offline groceries.”

Meng also said that a new version of the nationally unified negative list for market access will be rolled out w

ithin the year. Illegal or implicit entry barriers and locally issued negative lists will be canceled, she said.

The Chinese authorities will also establish and refine mechanisms for adjusting the annually released

list when necessary, she said, adding that the list will better cope with the reforms to delegate power, streamline ad

ministration and optimize government services, and will better meet the needs of market entities for broader access.

Wang Yuanhong, deputy head of the Department of Economic Forecas

ting at the State Information Center, said the fast growth of high-tech industries and the

service sector reflects the ongoing upgrading of traditional industries and the optimization of C

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attracting talents and capital. This in turn prompts the autho

rities to introduce more favorable policies and regulations for the enterprises bas

ed in the US, which is essentially a combination of representative democracy and market econ

omy. Under such circumstances, how can the US promote sustainable reindustrialization?

Besides, reindustrialization is not possible without rebuilding or strengthen

ing infrastructure facilities. And although the US leader has been claiming to implement a trillion-dollar infrastructure

plan-and even made it one of the pillars of his “Make America Great Again” campaign-not much has come of it.

Another major problem is that the return on equity in the infrastructure sector is a mere 3 percent w

hile that in the US capital market is about 12 percent. So how can the US attract more private cap

ital to the infrastructure sector without guaranteeing a return on equity equal to that in the capital market?

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Telecom carriers, chipmakers and smartphone vendors

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

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

ed 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

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developed chips for base stations, basebands and chipsets

powered by artificial intelligence.Services will be provided based on the results of a survey of 81 countries

China will offer customized data services for disaster prevention thr

ough its Fengyun meteorological satellites for more countries along the Belt and Road, said a

senior official of the China Meteorological Administration’s National Satellite Meteorological Center.

The services will be provided based on the results of a survey of 81 countries. By the end

of April, 22 countries, including Afghanistan, Pakistan, Iran, Russia, Libya and Sudan, had responded to the survey.

“From chips to its self-developed operating system, Huawei has long been preparing for in

dependent research and development in core technologies. It has the ability to adjust to changes in the glo

bal market,” said Xiang Ligang, director-general of the Information Consumption Alliance.

Huawei has also made preparations with core chipsets. Existing stocks

are thought to provide the company with a buffer of six months to a year, he said.

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I’m afraid sometimes, without cooperation, what comeso

ut is confrontation,” said Solana, who is currently president of the ESADE Center for Global Economy and Geopolitics of Spain.

The senior politician and diplomat expressed concerns over the trade frictions between China and the United States, w

hich have conducted 11 rounds of trade negotiations, but have yet to reach an agreement.

The world’s two largest economies should engage in dialogue on an equal footing, Solana said.

“If they fail to resolve their trade problems, the global economy will start to suffer from this crisis,” he said.

In a global situation where protectionism and unilatera

lism are on the rise, a multilateral approach has to be maintained, he said.

Solana praised China’s hosting of the Conference on Dialog

ue of Asian Civilizations, and said this type of event could boost cooperation among different countr

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Luckin, a Starbucks rival in China, rises in US stock debut

Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20 percent in their US stock market debut Friday.

The Chinese company, which opened its first store in Beijing less than two years ago, has 2,370

locations and plans to surpass the 3,700 stores Starbucks has in China by the end of the year.

But unlike Starbucks, Luckin is losing money.

It brought in $125 million in revenue last year, but spent much more than

that on coffee beans, store rent and other costs. Last year, it lost $475 million.

Most of Luckin’s stores are small, have few seats and are used mainly as a place to pick up mobile orders.

It also offers delivery in 30 minutes and promises a refund for delays or spilled drinks.

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Zheng, competing in her fifth world championships

 said on hearing the British national anthem playing, she felt too weak to stand on the podium.

“I felt very guilty for not winning the gold for my coach, my teammates and my country. We have

been working so hard for this world championships. It is the biggest event before the Tokyo Olympic Games.”

“Many fans came up to console me and some of them are British. I know most people know what is fair play,” Zheng said.

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 Pan

das 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.

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International Museum Day celebrated at Palace M

Wang Xudong, director of the Palace Museum, says it’s a duty for museums to provide a platfo

rm for scholars to exchange their academic findings, for artists from different cultural back

grounds to show their work and boost mutual respect, and for children to pass traditions into the future.

The latest figures from the National Cultural Heritage Administration show China had 5,354 mu

seums by the end of 2018, and museums across the country held some 26,000 exhibitions in 2018 and

received 1.126 billion people, an increase of 30 percent and 16 percent, respectively.

The International Council of Museums organized the annual Inte

rnational Museum Day in 1977 to address the changing roles of museums.

Museums across the world are reinventing their roles to become more interact

ive, audience focused and active in delivering creativity and knowledge to their communities.

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School students and adult visitors learn about making print

In celebration of this year’s International Museum Day, the Palace Museum in Beijing turned itself into a dynamic stage on Saturd

ay and offered a variety of activities to echo this year’s theme, “Museums as Cultural Hubs: The Future of Tradition”.

Students and adult visitors were invited to the museum to learn about making prints and carving stamp seals and to learn about

the appreciation of and technological methods being used in the conservation of the age-old buildings at the Palace Museum.

The Chinese Musicians Association’s choir gave an outdoor performance. An exhibitio

n opened showing dozens of lithographs by artists from countries involved in the Belt and Road Initiative.

Wang Xudong, director of the Palace Museum, says it’s a duty for museums to provide a plat

form for scholars to exchange their academic findings, for artists from different cultural bac

kgrounds to show their work and boost mutual respect, and for children to pass traditions into the future.

www.sh419cz.com

Luckin, a Starbucks rival in China, rises in US stock debut

Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20 percent in their US stock market debut Friday.

The Chinese company, which opened its first store in Beijing less than two years ago, has

2,370 locations and plans to surpass the 3,700 stores Starbucks has in China by the end of the year.

But unlike Starbucks, Luckin is losing money.

It brought in $125 million in revenue last year, but spent much more th

an that on coffee beans, store rent and other costs. Last year, it lost $475 million.

Most of Luckin’s stores are small, have few seats and are used mainly as a place to pick up mobile orders.

It also offers delivery in 30 minutes and promises a refund for delays or spilled drinks.

shlfcm.com