Measures to stimulate consumption in Guangdong province

Guangdong Provincial Government issued the Implementation Plan for the Improvement of the Consump

tion System in Guangdong Province, which proposes 29 specific measures in nine aspects in response to the current outs

tanding problems of restricting consumption. The Implementation Plan aims to improve consumer expectations, creat

e a good consumer environment, and promote the formation of a strong unified market.

According to the plan, the optimization and upgrading of automobile consumption will be promoted. The provin

ce will focus on promoting the application of new energy vehicles, speeding up the construction of charging site

s and replacing infrastructure, and making clear requirements for the construction of charging facilities in the pr

ovince’s expressway service areas, urban new public parking lots, and communities.

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Yang Xiaowei, deputy head of the Cyberspace Administra

stration of China, also called for more efforts to develop the homegrown big data sector and

highlighted that stepping up research and development is key to mastering core technologies.

Paul Romer, co-recipient of the 2018 Nobel Prize in economics and p

rofessor of economics at New York University, said he is impressed by China’s proposal in cyb

er sovereignty which he understands as: Each nation must be able to write and enforce its own laws that regu

late cyberspace, and ensure that cyberspace works to the benefit of everyone in the nation.

“China’s articulation and implementation of cyber sovereignty means it is

a chance for the world to see a different kind of organization for cyberspace, and a cha

nce to see that with the right structure, we can get tons of benefits,” Romer added.

Lu Yong, vice-president of Huawei Technologies Co, said China’s digi

tal economy has thrived on the basis that China has built the world’s largest 4G network.

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Ren said Europe maintains close communications wit

th Huawei and some features of 5G are very suitable for the rollout of the superfast techn

ology in Europe. For instance, 5G capacity is 20 times that of 4G, and its power consumption 10 times l

ess. “We also use materials that will not corrode for decades, and these characteristics are very suitable for Europe.”

Ren said the US technologies are still worth learning in both their depth and width. Many small US companies have super-precision products.

“But in our business (5G), Huawei is at the forefront, though when

it comes to comparison between countries, we are still far behind the United States,”Ren added.

“We will not go through an extreme shortage of supplies. We have made sound preparati

ons,” Ren said, adding that the company’s employees are working overtime to prepare for such situations.

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Renminbi to remain stable, regulator saysknotes at a ba

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 senior 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 exchange 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.

Before his 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

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In particular, we need to strengthen international coop

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 benchmarks 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.

In December, Tianjin unveiled a three-year plan to boost the innovative development of seven AI-related indust

rial chains including independent and controllable information systems, smart security, big data, advanced co

mmunications, 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.

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The report was based on an experimental survey condu

cted by the China Consumer Association from December to March, which included mor

e than 1,700 students from elementary, junior high and senior high school.

According to the report, most elementary school students were first exposed t

o the internet in third grade, and these 9-year-old students accounted for 32.2 percent of th

e total. For junior high school students, most had their first online experience at the age of 12 years in grade six, a

nd these students comprised 21.7 percent. Among high school students, the peak period to access the internet fell duri

ng their first year in junior high school, with these 13-year-olds representing 19.4 percent.

The report shows over 90 percent of teenagers use electronic devices for study or playing game

s every week. What deserves attention is that the percentage of inevitable exposure to electronic devi

ces among elementary school students is significantly higher than that of the other two groups.

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market confidence in outstanding ways and promoted the stab

le growth of the economy, he said, adding that the positive factors for economic growth are increasing.

Noting that the uncertainties in the global economic environment are also rising and there remai

n downward pressures on the domestic economy, Li called for both attention and confidence from the entrepreneurs.

Related departments should follow the guidance of Xi Jinping Though

t on Socialism with Chinese Characteristics for a New Era, invigorate the market thro

ugh deepening reform and opening-up and ensure the stable growth of the economy, Li said.

He said that tax reduction is the key to improving the business environm

ent and invigorating the market, which will not only stabilize growth and employment bu

t also encourage companies to invest more in innovation for long-term development.

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This is a predicament for soy growers,” American

American Soybean Association President Davie Stephens said on Tuesday.

President 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

and unsold 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 posted 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 administration 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.

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The aircraft, a Sukhoi Superjet 100 from Aeroflot Russ

sian Airlines, was bound from Moscow for Murmansk in Russia’s far north.

It made an emergency landing at the airport shortly after takeoff with 73 passengers and five crew members aboard.

The aircraft circled before making a hard landing back at the airport after the crew issued a mayday alert.

As seen in CCTV footage, the plane touched down hard and skidded along the runway, spewing out plumes of black smok

e and nearly completely afire. The plane’s undercarriage collapsed as it slowed to a halt on the tarmac.

Yelena Markovskaya, spokeswoman for the Moscow interregional tr

ansport investigation department of the Investigative Committee of the Russian Fed

eration, said on Monday that 37 people survived, including four crew members.

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During a trip Zhang made to Northwest China’s Xinji

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 change the situation, he applied to volunteer as a

teacher at a middle school in a Xinjiang town after graduation in July.

“My biggest 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 centenary 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

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