hat the ban will be an alarm bell for China, and the Chinese government and domestic comp
anies will accelerate the push for developing core industries, including in chips manufacturing.
“As the division of the telecom industrial chain has become globalized, the US ban will also affect US chipmakers’ income,” the report
said. “Huawei lists 33 US companies among core suppliers, accounting for 36 percent of its total key suppliers.”
A strong 7.5 magnitude earthquake struck Peru on Sunday morning, the Geophysical Institute of Peru (IGP) said.
No casualties or material damages have so far been reported.
The IGP first reported the quake measured 7.2 magnitude. It was recorded at 02:41
am local time (0741 GMT) in the province of Alto Amazonas in northern area of the Loreto region.
Hernando Tavera, head of the IGP, told local media: “The quake has been percei
ved with a fairly large radius, including Lima, Junin, Pasco and Iquitos, where there has been a power cut.”
icts appear to have a religious or ethnic basis, some scholars believe their root cause may be economic, with ethnic divisio
s serving as a way to exclude other groups from access to scarce resources and opportunities. Whatever its so
urce, inequality of opportunity has a highly disruptive effect on governance and hence growth.
But these obstacles are not insurmountable. For one th
ing, developing countries now have huge potential export markets in middle-inc
ome countries, and no longer depend entirely on advanced economies for access to global markets.
There is also a renewed awareness of the importance of infrastructure in e
nabling growth. In addition to roads, railways and ports, electricity and digital conn
ectivity are crucial. In this regard, the rapid expansion of cellular wireless technology, combined with the install
ation of high-capacity undersea broadband pipes around Africa, represents major prog
e charge of the task, according to the decree signed by Premier Li Keqiang.
All government services, unless otherwise specified by laws and regulations or involving state secrets, shall
be processed online in line with the procedures determined by the State Council, the decree noted.
Government service providers must not require enterprises or ind
ividuals to submit information that is already acces
sible through information sharing. Neither are they allo
wed to put the submitted information to other uses.
The decree also confirms the legal validity of electronic signatures, seals, certificates and archives.
The decree came into effect the day it was made public.