Academy of International Trade and Economic Coopera

The US no longer accounts for such a significant market share as

it did in the old days,” Mei said. “And the major market share is taken by the domestic mar

ket, Europe, Japan and other emerging overseas markets. The US move will gradually later affect its own market.”

Mei said the US ban on Chinese tech titan Huawei and rumored imposition of restrict

ions on Chinese surveillance giant Hikvision will not hamper the growth of China’s tech sector.

The US accounts for only a small part of Hikvision’s overseas ma

rkets, and Hikvision is not heavily reliant on US components for production, Mei said.

“Huawei’s chip arm HiSilicon has produced 70 percent of global surveillance chips. In past years, Ja

panese companies were Hikvision’s main chip suppliers, and now the major supplier is HiSilicon.” Mei added.

shlftv.com

Last week, two central government authorities on Hong

 Kong affairs, the Hong Kong and Macao Affairs Office of the State Counc

il, and the Liaison Office of the Central People’s Government in the Hong Kong SAR, have also

expressed their support for the proposed amendments to Hong Kong’s extradition law.

A new United Nations report concludes that high trade tensions

and policy uncertainty are damaging global economic growth prospects.

A further escalation of the trade dispute between the US and China threatens both short- and mediu

m-term global growth prospects, according to the United Nations World Economic Situation and Pro

spects (WESP) mid-2019 report released Tuesday at UN headquarters in New York.

The report said that global merchandise trade-volume growth has slo

wed more sharply than expected, particularly in late 2018 and early

www.shlfcl.com

There are signs that the central government will not cha

ange its resolution to control house prices, Zhang said, adding that in the future the real estate market will continue to crack down on speculation.

On May 11, Suzhou tightened housing policies further, China Daily ea

rlier reported. The down payment ratio for a family’s first home purchase has been rais

ed from 20 percent to 30 percent.China may grant official 5G licenses, instead of the interim licenses prev

iously planned, to telecom carriers this year and is likely to start commercial use of the superfast wireless technology nat

ionwide in the near future, possibly as soon as October, according to people familiar with the matter.

Newly built property in certain parts of the city cannot

be traded for a three-year period after purchase, and for five years in the case of pre-owned property.

shangjianxiachui.cn

The idea of setting up such a museum came to Kang wh

en he visited a museum of broken relationships in Chengdu, capita

l of Southwest China’s Sichuan province, with two friends in January. They tho

ught it would be a good thing for Taiyuan to have a place for people to bury souvenirs from a failed relationship.

They acted fast and opened the museum after three months’ preparation.

The world’s first museum of broken relationships was founded in Croatia in 2006 by two artists, who

ended their four-year relationship and got the idea of setting up a museum to house their leftover personal items.

China has several museums of broken relationships now, in Nanjing, Chen

gdu, Xi’an, Wuhan, Beijing, Chongqing, Jinan, Harbin, Changsha, Guangzhou and Changchun.

ezgpui191.cn

In the past several months, China has announced and

started to implement a “negative list” program that allows foreign co

mpanies to have 100 percent ownership in investments in all areas of the economy, excep

t for a small number of areas, such as telecoms and defense, that are explicitly prohibited.

Also, foreign investment has been simplified by creating a one-stop regulatory shop and a single application process.

These new policies will lead to greater competition within China, forcing C

hina’s companies to become more efficient and to produce higher quality products.

The Chinese government has also recently announced tax cuts and financial regulations desi

gned to help private companies. This will hasten the ongoing transition to a market-driven economy.

Most Chinese State-owned enterprises are not relevant to trade negotiations. Many are in non-tradable sectors such as p

roperty development, infrastructure, or concrete. Others are basically public utilities in telecoms or power.

aishedesac.com

The Portuguese president is in Beijing on a state visit.

He also attended the Second Belt and Road Forum for International Cooperation, which concluded on Saturday.

Bilateral trade reached over $6 billion last year, a year-on-year increase of 7.4 percent, according to the Ministry of Commerce.

Rebelo de Sousa said the two countries should translate their long-term friends

hip into future-oriented partnership, adding that he is fully confident of the prospects of the ties between them.

He said his attendance at the forum demonstrates his country’s

resolute support for the initiative. Portugal wants to build even closer links with China in trade, i

nvestment, science and technologies and culture, and develop the third-party market cooperation, he said.

Portugal supports intensification of European Union-China partner

ship and jointly safeguarding multilateralism and promoting free trade, he added.

www.xshp118.cn

Having watched and researched the Belt and Road

tiative for a very long time, Astle has identified many opportunities provided by the BRI and

some great projects are already successfully being implemented with Chinese partners.

The world’s only medicine treating spinal muscular atrophy (SMA) is entering the Chinese market, it was announced Sunday.

The drug is registered under the name Spinraza in the United States and European Union.

Available in more than 40 countries and regions, Spinraza is expected to bring new

hope for those who living with SMA, a genetic disorder that affects muscle control, in China.

SMA affects between one in 6,000 and one in 10,000 in China, a

nd about 95 percent of the patients die 18 months after birth, doctors said.

ax148.cn

Xi said China’s moves to boost opening-up follow from

 an independent choice based on the objective need of the country’s reform and development.

This is helpful in promoting high-quality growth, meeting the people’s need

s for a better life and promoting peace, stability and development of the world, he said.

China also hopes that other countries will create a good investment environment, treat Chinese enterpris

es, students and scholars equally and create a friendly environment for their normal international exchange activities, Xi said.

Xi pledged to take stronger measures to promote international cooperation in protecting intellectual pro

perty, which he said is not only crucial to protecting the legal rights of companies but also to promoting high-quality growth.

China will enhance policy coordination with the world’s major economic entities and j

ointly promote the robust, sustainable, balanced and inclusive growth of the global economy, he said

www.gzbbcl.com

President calls on think tanks to boost teamwork, Belt, Roa

President Xi Jinping called on Wednesday for exchanges and cooperation between Chinese and foreign think

tanks for more high-quality research results to push Belt and Road construction to a higher level.

Xi made the remark in a congratulatory letter to the i

naugural meeting of the Belt and Road Studies Network held in Beijing on Wednesday.

The launch of the think tank network took place ahead of the Second Belt and Road Fo

rum for International Cooperation being held from Thursday to Saturday in the capital.

Xi said in the letter that the development of history, the prosper

ity of civilizations and the progress of mankind are closely connected with the guidance of advanced thought.

www.sh419as.com

Fixed-asset investment growth was 6.3 percent in the first

 quarter, compared with 6.1 percent in the first two months, the National Bureau of Statistics reported.

As favorable policies are implemented at all levels of government in the sec

ond quarter, manufacturers will start seeing concrete financial benefits and industrial out

put is expected to at least maintain a steady expansion from April to June, said Qin H

ailin, a senior industrial economy researcher at the China Center for Information Industry Development.

At the news conference, ministry officials also denied market rumors that China’s telecom carrie

rs are slowing down their investments in 5G, the fifth-generation mobile communication technology.

They said 5G is recognized as a fundamental digital infrastructu

re for societal and economic development, but it will take time to build a nationwide 5G netw

ork. China’s plan is to roll out the superfast technology step by step, the officials said.

www.shlftv.com