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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industrial internet and the internet of vehicles are am

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

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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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teps aimed at helping further develop countryside opt

hina will undertake key measures to further integrate the country’s rural and urban areas

and encourage the transfer and free flow of people and resources throughout the nation.

Measures include relaxing hukou (household registration) barri

ers, reforming zoning regulations for rural and residential land, marketing collective land

in rural areas for development purposes and increasing infrastructure spending in the countryside.

Experts said the new plan, announced by the Communist Party of China Ce

ntral Committee and the State Council late on Sunday, is aimed at helping realize steady progr

ess in rural revitalization, driving up the process of urbanization and further boosting the economy.

China has a three-step plan. First, it will initially build a framework an

d mechanism for integrated development of urban and rural areas, and gradually rem

ove limits on hukou registration in cities by 2022. Second, it will bring about an improved framewo

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wei Technologies Co posted 179.7 billion yuan in reve

British Prime Minister Theresa May has given the green light to Chinese telecom giant H

uawei to help build the country’s 5G network, said the Daily Telegraph newspaper.

UK’s National Security Council, which is chaired by May, agree

d on Tuesday to allow Huawei limited access to help build parts

of the network such as antennas and other “noncore” infrastructure, the report said.

Huawei is already present in Britain’s existing noncore mobile network, said a Reuters report.

Previously, Huawei said it “poses no threat” and the best way to win trust is thr

ough “transparency” in response to criticism from some in the United Kingdom.

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The bond pricing mechanism will be further improv

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.

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Customs makes its biggest tusk bustuangpu Customs Distri

China’s customs officers have seized 2,748 ivory tusks weighing a combined 7.48 metric tons after cracking a major smuggling case.

It was the biggest haul of tusks ever recorded in an anti-smuggling bust conducted in

dependently by customs officers, the General Administration of Customs said on Monday.

The case was solved in March after a combined operation of differ

ent customs offices lasting three months. A total of 238 custo

ms officers took part from cities around the country, including Hefei, Nanjing, Beijing, Fuzhou and Qingdao.

Twenty suspects were detained for further investigation, accor

ding to Sun Zhijie, director of the administration’s anti-smuggling bureau.

Sun said the tusks, illegally shipped from African countries, were imported into China labeled as wood.

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Irish Prime Minister Leo Varadkar said Saturday that it w

was “extremely unlikely” any of the 27 countries would veto a delay.

AP”If one country was to veto an extension and, as a result, impose hardship on us, real problems for the Dutch and Belgians

and French as neighboring countries (to the UK)…they wouldn’t be forgiven for it,” he told Ireland’s RTE radio.

magnitude earthquake at a depth of 17 kilometers was detected at 1:25 pm on Sund

ay in Beijing’s Haidian district, according to the China Earthquake Networks Center.

Two earthquake experts said the minor quake was a normal activity in the earth’s crust caused by chan

ges in crustal stress, and there is no need for the public to panic, according to a report on huanqiu.com.

“It is a normal and isolated event,” said Guo Xun, dean of the Civil Engineering School at the Institute of Disaster Prevention.

“As Beijing is at the junction of the earthquake zones of Shanxi province, the Hebei Plain

and Yanshan Mountain, the city will experience one to two earthquakes at around magnitude-3 degree ev

ery year, according to past experience,” Sun Shihong, a researcher at the China Earthquake Networks Center, added.

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I want to go to school in another province. That way, I won’t

feel like an orphan,” he wrote in the letter, referring to special classes established for Tibetan students in schools

outside the region that allow them to share equal teaching resources with their “inland” counterparts.

“All my classmates would be separated from their parents, so I wouldn’t want to have parents.”

Nyima Gyaltsan rarely shares his feelings, fearing that he may be mocked and treated differently, but Qian, who arrived from

affluent Jiangsu province five years ago, is an exception, even though he only began teaching the boy last semester.

“When Teacher Qian learned I was an orphan, he tried to ease my mental stress and help me

study,” Nyima Gyaltsan said, adding that he has spoken privately with Qian several times.

As the boy has no family members to help with his school work, Qian told him to high

light anything he didn’t understand in any subject and he would find teachers to help him.

“Teacher Qian told me I can always turn to him, or talk with him every Wednesday at noon if I come across any difficulties or stress,” he said.

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hina will continue to suspend extra tariffs on

The State Council said on Sunday that China would continue to suspend additional tariffs on US

vehicles and auto parts after April 1, in a goodwill gesture following a US decision to delay tariff hikes on Chinese imports.

In December, China said it would suspend additional 25 percent tariffs on US-made vehi

cles and auto parts for three months, following a truce in a trade war between the world’s two largest economies.

The State Council, or China’s cabinet, said the move was aimed at “continuing to create a good atmosphere for the ongoing trade negotiations between both sides”.

elt and Road Initiative serves to promote multilateral cooperation: China Daily editorial

t is natural for such a big international project as China’s Belt and Road Initiative to be ta

ken by some with a grain of salt. But the fact that 129 countries and 29 international organizations

have so far signed cooperation documents with China on the initiative shows that such views are in the minority.

The most common charges laid at China’s door are the Belt and Road is a debt trap and it is all about Chi

na’s strategic objectives. It has also been called a “scheme to split European Union”. And other labels will certainly appear.

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