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 … Read moreWang Peng, deputy head of think tank China Center for

The phone call took place days after the US Commerce Dep

artment announced on Wednesday it will add telecommunications eq uipment maker Huawei and its affiliates to the Entity List on Wednesday. Being on the list bars the company from buying US technology without government approval due to security concerns. On the same day, US President Donald Trump signed an executive order that bars US companies … Read moreThe phone call took place days after the US Commerce Dep

The supply of high-end talent, government investmen

t in culture and education, attractiveness for foreign investment and consumption scale are also indicators under consideration. Shanghai has the highest infrastructure and cultural environment indexes, and the financi al hub’s talent, technological innovation and financing indexes are in the top three of the country. Although Beijing’s soft environment index ranked first among all Chinese … Read moreThe supply of high-end talent, government investmen

Xi calls for co-existence of various civilizationselivered a key

President Xi Jinping delivered a keynote speech at the opening of the Conference on Dialogue of Asia n Civilizations. With the theme of “Exchanges and mutual learning among Asian civilizations and a com munity with a shared future,” the conference aims to deepen cooperation among Asian countries. Here are the highlights: Humanity needs cultural strength … Read moreXi calls for co-existence of various civilizationselivered a key

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 … Read moreChina announces new tariffs on US goodsday that it wil

Disaster-proofing the world’s largest infrastructure ini

nitiative is a challenge, but achievable,” she said, adding that at the heart of this challenge lies great potenti al for innovation and creativity, such as new disaster risk prediction and analysis, and disaster-resilient infrastructures. Huang Runqiu, vice-minister of the Ministry of Ecology and Environment, said dis aster risk reduction of natural hazards along the … Read moreDisaster-proofing the world’s largest infrastructure ini

Austrian pianist set to showcase Beethoveno showcase Bee

Austrian pianist Rudolf Buchbinder, one of the best Beethoven interpreters of all time, will perform all five Ludwig van Beethoven’s piano concertos during his upcoming China tour with the German orch estra, Staatskapelle Dresden, which kicks off on May 15 at the Guangzhou Xinghai Concert Hall. He will also perform with the German orchestra in … Read moreAustrian pianist set to showcase Beethoveno showcase Bee

Govt should accelerate tax cuts to invigorate economy, pre

Premier Li Keqiang urged government departments to speed up the implement ation of tax reductions to invigorate the country’s economy, amid rising uncertainties about growth on Friday. Li was speaking with entrepreneurs from the manufacturing, constructio n and service sectors at the Zhongnanhai leadership compound in Beijing. The businesspeople said they have received benefits from … Read moreGovt should accelerate tax cuts to invigorate economy, pre

Balancing growth with structural reformting perform

After a disappointing performance in 2018, China’s economy appears to be stabiliz ing. In the first quarter of 2019, GDP growth, at 6.4 percent year-on-year, matched that of the previous quarter. But grow th in industrial production exceeded expectations, expanding by 6.5 percent year-on-year (and by 8.5 percent in Mar ch). Even exports growth was … Read moreBalancing growth with structural reformting perform

Faster checks for inbound pets in placegs, cats to got

No need for dogs, cats to go through quarantine if they meet set conditions Pets owners no longer need to be separated from their beloved dogs or cats when they ar rive in China from overseas if they meet certain conditions, under a regulation that took effect on May 1. Dogs or cats with valid … Read moreFaster checks for inbound pets in placegs, cats to got