Comments Off on 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.
Comments Off on nd information technology, had confirmed at the Boao Fo
oao Forum for Asia, that China will grant 5G licenses this year, but didn’t disclose a specific date.
“5G, industrial internet and the internet of vehicles are among the country’s top development priorities
in the telecommunications industry,” Zhang Feng, chief engineer of the Ministry of Industry and Information Technology, sa
id on Friday during the World Telecommunication and Information Society Day.
Zhang called for accelerated efforts to set standards in key areas, including 5G, to expedite the com
mercialization of this forefront technology and bolster the nation’s core competitiveness.
Major Chinese smartphone maker Huawei Technologies Co has already unveiled its first 5G chip and first 5G fold
able smartphone, the Mate X, which is expected to hit the market in June, despite challenges involving the United States.
Comments Off on The capital issued blue alert for strong winds on Sunda
with five suburban districts of Tongzhou, Yanqing, Changping, Huairou and Shunyi upgrading it to yello
w alert later. These areas were hit with strong winds as high as 8-9 grades, with gales reaching 10 grade
at some places. According to forecast, the wind could still be as high as 7-8 grades on Monday.
The gale toppled a wall near Dongzhimen Bridge in downtown Beijing, hitting three pedestrians,
two males and one female. Two of them died at the scene and one at hospital, Dongcheng District said via Sina Weibo.
Food delivery service Meituan said one of its deliverymen was hit and killed by a fallen tree when delivering food.
The speed of wind reached 10-15 meters per second at the Capital International Airport starting from 10 a
m Sunday, with gales as fast as 20-25 meters per second, the airport said. Due to the strong wind, th
e operational ability of the airport dropped and remained low until 7 pm Sunday.
Comments Off on President Xi inspects high-tech companyL MAG Rare-Earth
President Xi Jinping inspected a company that manufactures high-tech magnetic m
aterials as he kicked off an inspection trip to East China’s Jiangxi province on Monday.
Xi learned about the business operations of the JL MAG Rare-Earth Co Ltd, based in Ganzhou, which speciali
zes in rare earth permanent magnetic materials, as well as the development of the rare earth sector in the city.
Ren Zhengfei, founder and CEO of Huawei, said on Tuesday that the US governm
ent’s 90-day extension “doesn’t mean much”, adding that the company was ready to deal with the ban.
Ren’s comments came after the US Commerce Department said on Monday that it gave Hu
awei a 90-day license to purchase US technologies to maintain existing networks and provide software upd
ates to existing Huawei handsets. That marks a delay of the ban on US technology exports to Huawei.
Comments Off on Yet the US expends huge amounts of its resources just to m
maintain its monetary hegemony and thus ensure its financial sector offers higher pay and retur
n on investment compared with the real economy sectors, which helps it to maintain its advantage in at
tracting talents and capital. This in turn prompts the authorities to introduce more favorable policies and regulations for
the enterprises based in the US, which is essentially a combination of representative democracy and market eco
nomy. Under such circumstances, how can the US promote sustainable reindustrialization?
Besides, reindustrialization is not possible without rebuilding or strengthening infrastructure facilities. And
although the US leader has been claiming to implement a trillion-dollar infrastructure plan－and even made it on
e of the pillars of his “Make America Great Again” campaign－not much has come of it.
Comments Off on 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 fr
om using telecom equipment from manufacturers considered a national security risk, without mentioning Huawei by name.
Such moves, as well as the increase of tariffs on $200 billion worth of Chinese goods earlier this m
onth, complicated the prospect of continuing the bilateral trade talks that have been ongoing for more than a year.
China has always believed in and hoped to solve trade differences thr
ough talks, but such talks should be equal, Wang said. In any talks, China must protect its legitim
Comments Off on Liu, who turned himself in, stepped down in Janua
Comments Off on Top regulator says economy set for growthand
Transformation of traditional industries speeding up, riding wave of high tech
The Chinese economy is poised for more vigorous growth after gathering new strength through upgrad
es in traditional industries and accelerating the growth of high-tech industries and emerging sectors.
The country will further expand market access with a nationally unified, annually released and timely adjusted negative list for m
ore market vitality, according to the National Development and Reform Commission, China’s top economic regulator.
Meng Wei, spokeswoman of the commission, said at a media conference on Fri
day that China has made steady progress in cultivating new momentum and promoting t
Comments Off on information technology, had confirmed at the Boao Foru
um for Asia, that China will grant 5G licenses this year, but didn’t disclose a specific date.
“5G, industrial internet and the internet of vehicles are among the country’s top development priorities in the teleco
mmunications industry,” Zhang Feng, chief engineer of the Ministry of Industry and Information Technology, sa
id on Friday during the World Telecommunication and Information Society Day.
Zhang called for accelerated efforts to set standards in key areas, including 5G, to expedite th
e commercialization of this forefront technology and bolster the nation’s core competitiveness.
Major Chinese smartphone maker Huawei Technologies Co has already unveiled its first 5G chip and first 5G fol
dable smartphone, the Mate X, which is expected to hit the market in June, despite challenges involving the United States.
Comments Off on n 2018, the handling capacity of the Port of Dunkerqu
reached 51.6 million tons, with ore and container freight volumes breaking records. Aut
horities said that the port’s investment budget for 2019 would reach 48 million euros.
Situated at the heart of a triangle between Brussels, London, and P
aris, the Port of Dunkerque is the third largest port in France after Port Le Havre and Port Marseille.
The port has 18 professional terminals and a logistics park with storage facilities for food, hydrocarbons, chemicals and cereals.
Public security authorities have destroyed over 200 cross-re
gional criminal networks and more than 400 peer-to-peer lending platforms suspected of i
llegal fundraising between the beginning of 2018 and the first quarter of 2019, according to the Ministry of Public Security.
They have also filed 19,000 illegal fundraising cases involving 410 billion yuan ($59 billion), the ministry said in a news release.