High-speed 5G technology is expected to revolutioni

nize th上海楼品茶微信凤e tech world in the near future as it will be able to transmit data at least 10 times faster than 4G technology.

In the 5G era, higher reliability and lower latency can be realized, making the internet of things more

effective and enabling tasks that are impossible in the 4G era, such as overseeing self-driving vehicles.

Telecom equipment maker Huawei Technologies Co said in a state

ment on Thursday that it is ready to help China accelerate commercial use of 5G.

Huawei’s global pioneering capabilities offering 5G solutions can support Chinese telecom carriers to build a sound n

etwork. China will lead the world in commercializing the superfast wireless technology, the company said.

Huawei has invested about $2 billion in total into the research and development of 5G since 2009.

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inping before their talks at the Kremlin in Moscow, Ru

In a written statement released after his arrival in Moscow for the three-

day visit to Russia, Xi said China and Russia have created a role model of peaceful coex

istence and win-win cooperation between neighboring countries as well as between major world powers.

In a joint interview with the TASS Russian News Agency a

nd the Rossiyskaya Gazeta newspaper ahead of the visit, Xi said the two countries have alw

ays firmly supported each other on issues regarding their respective core interests and major concerns.

The president called on the two countries to enhance support for each other, seek greater synergy between their dev

elopment strategies, expand areas of cooperation, and play a more constructive role in international aff

airs.resident Xi Jinping and his Russian counterpart Vladimir Putin head for the venue of their talks in Mosc

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of Huawei and its affiliates can participate as peer re

eviewers and editors in its publication process. All IEEE members, regardless of employer, can continue to participate in all of the activities of the IEEE.

On May 16, the US Department of Commerce applied exp

ort control restrictions to Huawei Technology Ltd and 68 of its affiliates. IEEE issued a state

ment regarding compliance and stated if the US government clarified the application of the US Export Ad

ministration Regulations with respect to peer review IEEE would provide an update to the IEEE community.

In a latest IEEE statement, it said it has received the required clarification, so all IEEE

members, regardless of employer, can continue to participate in all of the activities of the IEEE.

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hina to issue white paper on China-US economic, trade

 China will issue a white paper about its stance on economic and trade talks with the United States Sunday morning.

The white paper, titled China’s Position on the China-US Economic and Trade Consultat

ions, will be released at 10 am on June 2 by the State Council Information Office, which will also hold a press conference.

China has raised additional tariffs to a maximum 25 percent on part of the $60 billion worth of US pr

oducts, effective June 1, according to a statement by the Customs Tariff Commission of the State Council.

The rates of additional tariffs on some of the products will be increased to 25 percent, 20 percent, and 10 percent, re

spectively. The 5 percent additional tariffs applied to some products remained unchanged.

The move came after the US’ latest tax increase on $200 billion worth of Chinese goods from 10 percent to 25 percent.

 

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letter receives high praise from primary school students in

Students from a Macao primary school hailed President Xi Jinping’s reply letter delivered to them before International Chil

dren’s Day, and they pledged to live up to Xi’s expectations by passing on the traditions of loving Macao and the country.

In the library of the Hou Kong Premier School Affiliated to Hou Kong Middle School in Macao, students clapped after hearing Xi’s letter.

Hou Kong Middle School, established in 1932, was the first to raise a national flag in Macao on Oct 1, 1949.

“I am so excited to receive a reply,” said fifth-grader Dang Wingzi, one of the stude

nts who wrote the initial letter to Xi. “I will study hard to be able to better serve the country.”

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The escalation in trade tensions between China and the

he United States, may lead to weaker business confidence and slower

global trade growth, which is expected to weigh on investment and exports in 2020. But in the n

ear term, as China shows positive surprise in GDP growth in the first quarter, and the macroeconomic policies hav

e taken effects on stabilizing the growth, the GDP growth rate is likely to stay at 6.2 percent, the report said.

“In response to the growth moderation and less favorable external conditions, the government in

troduced a fiscal stimulus emphasizing tax incentives,” said Martin Raiser, World Bank Country director for China.

“While the central government has fiscal space to further increase spending, if necessary, the additional stimulus should be ap

propriately funded either directly at the central level or through additional fiscal transfers to the provinces. Highe

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Zhang underlined the important role of head-of-state d

 diplomacy in Sino-Russian relations, saying the two presidents have had 28 meetings

on various occasions since 2013. Their last meeting took place in Beijing in April.

Oleg Timofeev, an associate professor of China studies at Peoples’ Friendship University of Russia, said the frequent meetings b

etween the two presidents demonstrate the good political relations between China and Russia. Thanks to their

personal relationship, the countries’ ties are best they have ever been, he said.

Natalia Pecheritsa, a professor and director of the Center for Asian and Pacific Countr

ies at Russian New University said Xi’s visit will have a positive effect on bilateral cooperation in variou

s fields, not only in political and economic fields, but in cultural and educational areas as well.

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No evidence was found to show Chinese monetary

 authority intervention in foreign exchange markets over the past se

veral months, according to the US Treasury’s semiannual foreign-exchange report to Congress.

The May report summarized that China’s growth appears to be stabilizing on the back of recently enhanced supportive measures.

The report expanded the number of countries it scrutinizes for curre

ncy manipulation to 21 from 12. Countries with a current account surplus with the US

equivalent to 2 percent of GDP were put on the watch list, compared with 3 percent of GDP before.

China didn’t meet the “currency manipulator” criteria listed by the US Treasury, but Washington will continue asse

ssing the RMB’s performance given China’s large trade surplus with the US, the report said.

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f rice and fertilizer futures, guiding more compan

anies and fund managers entering the market, and assisting in formulating the Futures Law.

“As prices of bulk commodities fluctuated frequently and shar

ply in recent years, the real economy has a huge demand for risk management,” Lu said, str

essing the importance of accelerating the development of the futures market amid uncertainties.

China stepped up efforts to open up the commodity futures mar

ket last year, making three futures contracts available to f

oreign investors so far, including crude oil, iron ore and purified ter

ephthalic acid (PTA), a raw material for making plastics.

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Issoufou congratulated Xi on the 70th anniversary of the f

 founding of the People’s Republic of China and the great achievements that Chinese people have made under

the leadership of the Communist Party of China. Noting that China’s development has made important contributions to m

ankind, Issoufou said that China’s inclusive economic growth has lifted a huge number of people out of poverty.

Niger supports the goal of building a community with a shared future for mankind, and the BR

I put forward by Xi will bring benefits for the whole world, he said, adding that Niger would like to pro

actively participate in the Belt and Road. While meeting with Issoufou on Tuesday, Premier Li Keqiang said that Chi

na would like to offer a hand to Niger for the country’s economic development and the improvement of people’s lives.

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