Wang Peng, deputy head of think tank China Center for

 Information Industry Development, said Huawei’s chip making arm HiSilicon can help Huawei ensure the s

ustainability of its business to some extent, and its chip stocks “are expected to provide a buffer of six months to a year”.

Huawei said it procured around $70 billion worth of components and services from i

ts 13,000 suppliers worldwide last year, with roughly $11 billion coming from US suppliers.

The US has been voicing the “national security threat” of using Huawei products.

French President Emmanuel Macron said on Thursday that France will allow Huawe

i to build its 5G network infrastructure while preserving national security, according to Xinhua News Agency.

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Liu, who turned himself in, stepped down in Janua

ary as chairman of the China Securities Regulatory Commission, a position he kept for three years before being replaced by Yi Huiman.

The central commission said in the statement that Liu is cooperating with the probe.

hina’s housing regulator has warned four Chinese cities over price rises in the past three months, the Economic Observer reported.

Local governments of Foshan, Suzhou, Dalian and Nanning were urged by the Ministr

y of Housing and Urban-Rural Development to stabilize land and housing prices as well as market expectations.

This came a month after six other cities were also warned over similar reasons on April 19.

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the middle of this century, digital villages will be compl

pletely built nationwide to advance rural revitalization.

To fulfill such targets, the country will accelerate the construction of IT infr

astructures in rural areas, upgrading rural internet facilities and information services.

More efforts will be made to boost the rural digital economy, with wider use of digital technolo

gies in agriculture and the development of e-commerce and various emerging creative industries in rural regions.

While providing more support for rural technological innovation, the co

untry will strengthen ecological protection in rural areas with digital technologies.

Moreover, the guideline stressed the significance of improving internet access in rural areas in poverty alleviation and ca

lled for enhanced information sharing to promote urban-rural integrated development.

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Over the years, many people have been calling for hotels

 not to provide disposable daily necessities. But some customers say not providing the items would cause them inconvenience.

A latest survey by Ctrip.com shows that more than 80 percent of clients back hotels not providing disposable daily necessities.

Beijing’s Yanqing district plans to help more than 20,000 primary and secondary scho

ol students master skiing and skating skills over the next three years, a move designed to spur enth

usiasm among the district’s residents for the Beijing 2022 Winter Olympic Games and beyond.

Set to run from Feb 4 to 20 in 2022, the Winter Olympics will be held in Beijin

g and co-host city Zhangjiakou in adjacent Hebei province in less than 1,000 days.

Yanqing, 74 kilometers northwest of central Beijing, will host several events, including Alpine skiing, bobsled, skeleton and luge.

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China announces new tariffs on US goodsday that it wil

China said late on Monday that it will increase tariffs on the bulk of $60 billion of US imports to three categories of rates between 10% and 25%.

For the rest of the $60 billion US imports, the duty rate will remains at 5 percent.

The tariffs will hit around 5,000 products and will take effect on June 1.

It is China’s latest response to the additional US tariffs on $200 billion of Chinese goods, which were implemented on Friday morning.

The move fully demonstrates Beijing’s firm determination to defend its due interest

s and legitimate rights in international trade and economic cooperation, according to analysts.

Guanxi, compadrazgo and bapakism. Three words from China, the Philip

pines and Indonesia that encapsulate the same values of the vast continent through the a

ges-a shared belief in the importance of the family and the community over the individual.

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While early-stage Uber investors such as Benchmark, Men

 Ventures, First Round Capital and Lowercase Capital made a killing in the IPO, some late-stage backers did not fare as well.

Japan’s SoftBank Group Corp <9984.T >, for example, invested in Uber in early 2018 at $48.

77 per share. It also bought shares at a much lower price in a large secondary transaction.

To be sure, other IPOs have traded well so far in 2019, including online scrapbook company Pinterest Inc, vegan burger

maker Beyond Meat Inc and video-conferencing startup Zoom Video Communications Inc. But these were mu

ch smaller startups than Uber that did not execute as many frothy fundraising rounds.

Uber Chief Executive Dara Khosrowshahi, who was on the NYSE trading floor to mark the debut, tried to cal

m investors by pointing to the company’s growth prospects and expansion plans.

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He says that he collected 39 different versions of Beethov

So far, the pianist has performed all of the 32 Beethoven sonatas more than 50 times.

During the China tour, Buchbinder will also be the conductor besides his role as a soloist.

Founded by Prince Elector Moritz von Sachsen in 1548, the Staat

skapelle Dresden is one of the oldest orchestras in the world and steeped in tradition.

In 2018, Staatskapelle Dresden, which celebrated its 470th anniver

sary, toured China, and it was the seventh cooperation betw

een the orchestra and Wu Promotion, China’s leading music tour promoter, since 2011.

Presenting pieces of German composer, Robert Schumann, the tour attracted nearly 7,000 music fans.

“China has great audiences who are passionate about classical music. There ar

e also many great symphony orchestras in the country, some of which are over 100 years old,” says Buchbinder.

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He underlined the importance of properly mitigating

various social conflicts, and said efforts must be made to address legitimate and lawful concerns to safeguard public int

erests, and also guide the public in voicing their concerns in a law-based manner to maintain social order.

Strong pressure must be maintained to crack down on crimes such as organized gang activity, violent and terroristic cri

mes, as well as those related to fraud, robbery, food and drug safety, and environmental protection, Xi said.

Calling social fairness and justice a lifeline for judicial and law enforcement work, Xi called for improving the mec

hanism of the use of power in law enforcement as well as the supervision over such powers.

Efforts should be made to help the public feel fairness and justice in every case, Xi said.

He also urged public security staff to improve their work so that human rights can be guarant

eed while crime is fought, and fairness can be ensured while efficiency of law enforcement is pursued.

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Six Chinese killed in Sri Lanka bombingsside the Grand Mos

The Chinese Embassy in Colombo confirmed the death of four Chinese scientists in the Easter

explosions in Sri Lanka on Tuesday night, raising the number of Chinese killed in the attacks to six.

The embassy said in a statement that the four Chinese scientists were from the Chinese Academy of Sciences and the First

Institute of Oceanopgraphy under the Ministry of Natural Resources of China, who arrived in Sri Lanka in the mi

d of April for research purposes. Their bodies had been found and identified by family members.

The embassy said another five people from the Chinese Academy of Sciences were a

lso injured during the explosions, all of whom already went back to China for further treatments.

In the statement, the Chinese Embassy strongly condemned the terror acts, offered

deep condolences over the death of the four scientists, and thanked the Sri Lankan government for its assistance.

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Chinese firms ideal partners on Belt and Road Initiative

Firms from China and the UK are ideal partners in many countries along t

he Belt and Road Initiative, a China-Britain Business Council official said in Beijing.

“The UK has taken a very positive view on seizing these opportunit

ies for UK businesses, particularly our banks, our large consultancy firms and our infr

astructure companies,” said Jeff Astle, managing director of China operations at the council.

British expertise in areas of financial services, banking, legal services, consulting services around engineering pro

vides a broad range of opportunities for UK firms to collaborate with Chinese firms in other countries, Astle said.

“We benefit from many English legal jurisdictions in many

of these countries, the English language and our businesses have long history and experiences in these coun

tries. That means we are a great ideal partner for Chinese firms in many of these Belt and Road counties,” said Astle.

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