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Central bank vice-governor voices confidence amid currency volatility
The monetary authority vowed to stabilize
the renminbi amid escala ted trade tensions, while continuing to push forward financial opening-up and pr
otecting overseas investors’ legal rights, said a se
nior official from the central bank on Sunday. “We have the foundation, confidence and capacity to maintain a stable foreign exchange ma
rket in China, and keep the renminbi excha
nge rate at a reasonably stable equilibrium,” said Pan Gongsheng, vi ce-governor of the People’s Bank of China, the central bank, said in a statement on its website.
is pledge, the onshore renminbi rate depreciated to 6.9182 per do llar at Friday’s close, the weakest level since December, and the offshore renminbi rate h
peration in AI governance including laws and regulations, ethical norms and international rules,” Wang said.
The State Council issued a plan in 2017 that set b
enchmarks for China’s AI sector, with the value of core AI indu stries predicted to exceed 1 trillion yuan ($145 billion) and make the country the global leader of AI innovation by 2030.
mber, Tianjin unveiled a three-year plan to boost the innovative development of seven AI-related indust rial chains including independent and controllabl
e information systems, smart security, big data, advanced co mmun
ications, intelligent connected vehicles, industrial robots and intelligent terminals. According to the plan, the government will build Tianjin into an AI in
novation center and a hub of AI industries and innovative applications by 2020.
American Soybean Association President Davie Stephens said on Tuesday.
Donald Trump threatened in a tweet on Sunday to increase tariffs. Stephens, a grower from Clinton, Kentucky, said that US farmers are in a tough situation, and with depressed prices
old stocks forecast to double before the 2019 harvest begins in September, farmers urgently need the China market. “We need a positive resolution of this ongoing tariff dispute, not further escalation of tensions,” he said in a release p
osted on the ASA web site. Nicole Kaeding, vice-president of federal and special projects at the Washington-based Tax Foun
dation, said that if the Trump administr
ation follows through on the president’s threat, it’s US taxp ayers, not Chinese taxpayers, who will pay the price — thanks to higher prices and fewer job opportunities.
iang Uygur autonomous region in April, he realized that education is still weak in the region and good teachers are in short supply.
To help ch
ange the situation, he applied to volunteer as a teacher at a middle school in a Xinjiang town after graduation in July.
t hope for the next year is that more students in my class will a chieve better results, enter high school and grow up as contributors to society,” Zhang said.
Yi Zhihao, a doctoral student at the School of
Biological Science and Medical Engineering of Beihang University in Beiji ng, is also a Beihang Lunar Palace 1 volunteer.A gathering marking the centen
ary of the May Fourth Movement is h eld at the Great Hall of the People in Beijing, capital of China, April 30, 2019. Chinese lea
ders Xi Jinping, Li Keqiang, Li Zhanshu, Wang Yang, Wang Huning, Zhao Leji, Han Zheng and Wang Qishan were pr