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ong the country’s top development priorities in the telecommuni
cations industry,” Zhang Feng, chief engineer of the Ministry of Industry and Information Te
chnology, said on Friday during the World Telecommunication and Information Society Day.
Zhang called for accelerated efforts to set standards in key areas, including 5G, to expedit
e the commercialization of this forefront technology and bolster the nation’s core competitiveness.
Major Chinese smartphone maker Huawei Technologies Co has a
lready unveiled its first 5G chip and first 5G foldable smartphone, the Mate X, which is
expected to hit the market in June, despite challenges involving the United States.
Also on Friday, shortly after the US said it would ban Huawei from buying US t
echnology without special approval, Huawei’s chipmaking arm, HiSilicon, said
ciple. So every country has important principles, and we absolutely c
annot make concessions on such issues of principle,” the vice-premier said.
Liu, however, added that he hoped both sides would exhibit flexibility in the talks.
He refuted the criticism of the US side that China reneged on its promises in the draft trade text.
“We believe that it is only natural to have changes before a final deal; it is something that surely occurs in the process, so we
don’t think the Chinese side has back-walked,” he said, adding that he disagreed with the wording of “renege”.
“We just had differing views on how to phrase some things in t
he text, and we hope to resolve it, so it’s unnecessary to overreact to the issue,” he said.
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.
Under a pilot scheme, the first group of six provinces and cities sold 6.8 billion yuan in bonds
at commercial bank counters to individual buyers between March 22 and early April.
The coupon rates are between 3.01 percent and 3.33 percent, higher than treasury b
onds issued by the central government as well as bank deposits with the same maturity.
Gross local bond issuances hit 1.18 trillion yuan in the first qua
rter, compared with only 219.5 billion yuan in the same period last year.
The total quota for 2019 local government bond issuances is 3.08 trillion yuan, according to the Ministry of Finance.
“About 60 percent of the bonds were issued for ongoing construction, especially
for shantytown renovation projects, railways and roads,” said Hao Lei, head of the ministry’s Budget Department.
While debt financing continues to grow, the government is experiencing sharp declin
es in fiscal revenue growth, especially from tax and land sales, official data showed.
Chinese President Xi Jinping has urged civil affairs authorities to focus on poverty alleviation, special groups and issues of public concern to better fulfill their duties.
Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commis
sion, made the statement in an instruction read at a national civil affairs conference held in Beijing Tuesday.
Editor’s Note: While Boeing struggles with the crisis following the crash of two 737 Max aircraft in
less than half a year, European aerospace heavyweight Airbus inked a record deal during President Xi Jinpin
g’s recent visit to France to sell 300 aircraft to China. Will Boeing‘s struggles prove to be a boon for Chinese airplane manu
facturers, as some media outlets claim? Two experts share their views on the issue with China Daily’s Liu Jianna. Excerpts follow:
A very long way to go for China
Ning Zhenbo, lead consultant for the Center of Information Technology, Aviation Industry Corporation of China, Ltd.
Boeing’s loss does not mean Chinese aircraft manufacturers’ gain, simply because China la
gs far behind the West in the aerospace industry. The fierce competition between Boeing and Airbus, the t
wo aerospace heavyweights, will not have any impact, positive or negative, on China because it is not a player in the field.