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ong the country’s top development priorities in the telecommuni
cations industry,” Zhang Feng, chief engine
er of the Ministry of Industry and Information Te chnology, said on Friday during the World Telecommunication and Information Society Day.
lled 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
veiled 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 F
riday, 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 Chin
a 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
k the Chinese side has back-walked,” he said, adding that he disagreed with the wording of “renege”. “We just h
ad 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
s 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
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 u
rged 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.
going reform measures have made its financial market increasingly appealing to overse
as investors,” the administration said on Monday
in a statement on its website. “The administration will continue to support the opening-up of financ
ial markets, meet demand from overseas investors t
o expand investment in the ma rkets and attract global long-term capital to enter China’s financial markets,” it said.
Given the stable performance of the yuan and expectations of balanced capital flows, China’s fore
ange reserves remained stable in April, reaching $3.095 trillion by the end of last month, co mpared with $3.099 trillion by March, according to data released by the administration on Tuesday.
willing to see the accelerated development of the onshore capital market, said analysts, allowing direct fi nancing to play a more significant role in allocating savings and investment, and better serve the economy.