ipsets like Kirin, which has been used in Huawei’s high-end smartphones. In addition to server chips, th e company has also developed chips for base stations, basebands and chipsets powered by artificial intelligence. “From chips to its self-developed operating system, Huawei has long been preparing for independent research and development in core technologies. It has the abil ity to adjust to changes in the global market,” said Xiang Ligang, director-general of the Information Consumption Alliance. Huawei has also made preparations with core chipsets. Existing s tocks are thought to provide the company with a buffer of six months to a year, he said. shanghaidianbaobao.cnRead More →

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. www.shangjianxiachui.cnRead More →

stration show China had 5,354 museums by the end of 2018, and museums across the country held some 2 6,000 exhibitions in 2018 and received 1.126 billion people, an increase of 30 percent and 16 percent, respectively. The International Council of Museums organized the annual I nternational Museum Day in 1977 to address the changing roles of museums. Museums across the world are reinventing their roles to become more interacti ve, audience focused and active in delivering creativity and knowledge to their communities.School students and adult visitors learn about making prints and carving stamp seals and learn about the appreciation of and technological me thodsRead More →

 March 29 exit from the EU, May’s Conservatives suffered major losses in local election s this month and are trailing in opinion polls before May 23 European Parliament elections. With Labour and Brexit-supporting rebels in the Conservatives p lanning to vote against her deal, it is unlikely to be approved as things stand. Pro-Brexit Conservative lawmakers were unimpressed with May’s failure to set a firm date to quit. One, who declined to be na med, described it as “yet further procrastination which is causing appalling damage to the Conservative Party.” Another, Andrew Bridgen, said May was “an increasingly beleaguered and isolated prim e minister whoRead More →

nt with countries that commit to its equipment. And this may po nt to a reasonable solution as it offers a way out for international partners in the West, which h ave been caught in the middle of the US-waged campaign against Huawei, to cooperate with the Chinese company. The security of 5G networks is a technical issue, and it should be addressed as such. Security prin ciples should be based on verifiable facts and technical data rather than ideology or a vendor’s country of origin. However, judging by its ill treatment of Huawei since last year, t he US will continue with its persecutionRead More →

tablish a policy framework for applying a fairly low RRR for small and medium-sized banks in a bid to lower financing costs for MSEs. Home prices in 70 major Chinese cities continued to stabilize despite slight increases in April, official data showed Thursday. New home prices in four first-tier cities — Beijing, Shanghai, Shenzhen and Guangzhou — increased 0.6 percent month on month in April, up from the 0.2-percent increase in March, said the National Bureau of Statistics (NBS) in a statement. New home prices climbed 0.8 percent in 31 second-tier cities, and rose 0.5 percent in 35 third-tier cities. As for resold homes, pricesRead More →

le in driving China’s economic and social development. “We need to upgrade our internet services. This is a key measure t o boost consumption and meet the needs of our massive cellphone users,” Premier Li said. Participants at the meeting agreed that upgrading and expanding the cap acity of internet infrastructure should be an important area in boosting effective inves tment. By the end of this year, fiber-to-the-home (FTTH) ports relative to all broadband ports will be raised to more th an 90 percent, 1,000M broadband will be extended to more than 300 cities, and base stations for mobile internet will be upg raded withRead More →

China officially launched the “no-waste city” pilot program in 16 area s on Monday as it steps up efforts to recycle its increasing waste stockpile. The pilot program covers the entirety of 11 cities, including Shenzhen, Guangdong pr ovince, and Weihai, Shandong province, and sections of the other five cities. The central government has made arrangements to offer support to the pilot areas in policy, technology and funding, said Zhuang Guotai, vice-mi nister of ecology and environment, at the launch ceremony in Shenzhen on Monday. He said an expert committee has been established to guide the pilot program and evaluate progress, and seven groups haveRead More →

China’s paper-making, gunpowder, printing, compass, calendar, philosophy and people-oriented view have exerted profound i nfluence in the world and greatly promoted the development process of human civilization. Chinese civilization is an open system formed during constant exchanges and mutual learning with other civilizations. In the future, China will surely embrace the world with a more open p osture and contribute more dynamic civilization achievements to the world. Confidence of civilization urged Asia should enhance confidence of civilization. We should keep exchanges and mutual learning with other civilization s in the world, and strive to continue writing new brilliant chapters of Asian civilizations. We should consolidateRead More →

merging jobs related to the digital economy have been and are expected to continue gro wing quickly in China as digital technology is applied in more fields, said a senior executive from LinkedIn. New media operators, front-end development engineers, algori thm engineers, user interface designers, and data analysts were the top five profes sions with the fastest growing number of practitioners in China on the US-based professional networking site fro m 2013 to 2017, said Lu Jian, president of LinkedIn China in an exclusive interview with China Daily. “Digital economy, which has become part of the national strategy, is just unfolding in the country. ItRead More →