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High-speed 5G technology is expected to revolutioni

nize th上海楼品茶微信凤e tech world in the near future as it will be able to transmit data at least 10 times faster than 4G technology.

In the 5G era, higher reliability and lower latency can be realized, making the internet of things more

effective and enabling tasks that are impossible in the 4G era, such as overseeing self-driving vehicles.

Telecom equipment maker Huawei Technologies Co said in a state

ment on Thursday that it is ready to help China accelerate commercial use of 5G.

Huawei’s global pioneering capabilities offering 5G solutions can support Chinese telecom carriers to build a sound n

etwork. China will lead the world in commercializing the superfast wireless technology, the company said.

Huawei has invested about $2 billion in total into the research and development of 5G since 2009.

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The Guangdong government will optimize the autom

obile consumption environment. Automobile plate lotteries and bidding indicators in Guan

gzhou and Shenzhen will be broadened, and no other cities in Guangdong province may introd

uce automobile purchase restriction regulations. The government will strengthen the supervision of automobile sales, the maintenance and acc

essories industry, and establish a public notice system for automobile sales. Meanwhile, the used car consumer mar

ket will be improved and procedures for used car transactions will be simplified.

The Implementation Plan clearly states its aim to stabilize housing co

nsumption. The province will expand the supply of rental housing and the coverage of perma

nent residents in public rental housing, and housing provident fund systems.

The province will promote the upgrading of rural consumption in building rural tourism brands and improving infrastru

cture such as rural networks, communications, h

ydropower, logistics and highways. It will also vigorously encourage new modes of cons

umption, including accelerating the development of new information consumer products such as 5G-base

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Share planning with Braziloffice office partnership

China would like to have a shared planning process with Brazil to achieve coordinated development, President Xi Jin

ping said on Friday during a meeting with Brazilian Vice-President Hamilton Mourao at the Great Hall of the People in Beijing.

Calling the two countries highly complementary, Xi said China welcomes Brazil’s participation in the building of the Belt and Road.

He said China supports the prosperity and development of B

razil and believes that China-Brazil cooperation will produce great outcomes.

Xi asked Mourao to extend his sincere greetings to Brazil’s P

resident Jair Bolsonaro, who took office in January. Ch

ina appreciates the efforts made by the new government to promote the comprehensive strategic partnership, he said.

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According to the latest information from the Tibet Himal

alaya Expedition Co, by Thursday morning, 12 climbers from the company and 21 mou

ntaineering guides successfully reached the summit of the mountain from the northern slope.

Tsering Samdrub, general manger of the company, said with significa

nt training long for 43 days, 12 Chinese climbers made it to the summit.

“The weather on Thursday was so nice. Thanks to this, the climbers were all in very good

condition,” said Tsering Samdrub, commander-in-chief of ongoing spring climbing.

“Hampered by weather factors this year, the final climbing period to the summit was later than the previous year, and clim

bers from different countries all take this opportunity to complete their climbing,” said Samdrub.

Samdrub also said more than 200 climbers are huddled together, which has led to one-two hour postponements of climbing times.

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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.

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The budgetary restrictions over government investm

ent funds will be further tightened, and government-funded programs m

ust not be constructed with capital advances from contractors, the regulation said.

The regulation, to take effect in July, came after heightened efforts

by the central government to rein in debts raise

d by local authorities, which are estimated to have reached 18.4 trillion yuan ($2.7 trillion) by the end of 2018.

Minister of Finance Liu Kun said in this year’s legislative session in March th

at China will adopt stringent measures to prevent new illegal borrowing by local authorities.

He said there has been action by local authorities to use financi

ng platforms to raise debts in violation of laws and regu

lations, and the ministry will block the way for such illegal debt-raising behavior in the future.

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Xi congratulates Thai king on coronationorn is crowned

Chinese President Xi Jinping congratulated Thai King

Maha Vajiralongkorn on being crowned officially on Saturday.

On behalf of the Chinese government and people, and in his own name, Xi express

ed in a message sincere congratulations and good wishes to the king and the Thai people.

The king is an old friend of the Chinese people and has been attending to and supp

orting the cause of friendship between the two countries for long, Xi said in the message.

“I attach great importance to the development of China-Thailand rel

ations and stand ready to make joint efforts with you to carry forward the traditional C

hina-Thailand friendship, deepen cooperation in building the Belt and Road jointly, and push forward the comp

rehensive strategic cooperative partnership between the two countries to make bigger headway,” Xi said.

The Chinese president wished the Kingdom of Thailand flourishing and prosperity, and the people happiness and good health.

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Sino-US talks on trade seen as productiveets with US Trade

Negotiators from two sides aim to meet next week in Washington to continue

Vice-Premier Liu He, US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin met in

Beijing from Tuesday to Wednesday for the 10th round of trade talks between China and the United States.

The two sides are working on putting bilateral trade on a stronger footing, and the lat

est meetings were productive, Mnuchin wrote on his Twitter account, without giving details.

A Chinese team is scheduled to visit Washington next week for another round of talks, Xinhua News Agency reported.

Liu is also a member of the Political Bureau of the Communist Party of China Central Co

mmittee and chief of the Chinese side of the China-US comprehensive economic dialogue.

China and the US have been expediting their economic and trade consultations, with a goal of

implementing the consensuses President Xi Jinping and US President Donald Trump reached in D

ecember, said Xue Rongjiu, deputy director of the China Society for WTO Studies in Beijing.

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Investment high on Sino-Swiss agendalcoming cerem

China and Switzerland should make joint building of the Belt and Road into a new highlight of bilateral cooperation and firm

ly safeguard economic globalization and trade liberalization, President Xi Jinping said on Monday.

Xi spoke during a meeting with Swiss Confederation President U

eli Maurer, who is to conclude his eight-day state visit to China on Tuesday.

Noting that China’s establishment of a bilateral innovative strategic pa

rtnership in 2016 with Switzerland was the first ever created with another country, Xi said

that China is ready to work with the European country to further strategic cooperation.

Xi also underscored the importance of following a pioneering spirit, recalling that Swiss busines

ses began to explore the Chinese market soon after the country’s reform and opening-up began.

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Detailed information on the foundation and the laurea

Peng Yuxing, vice-governor of Southwest China’s Sichuan province, is under disciplinary and supe

rvisory investigation for suspected severe violations of disciplines and laws, an official statement said Sunday.

The investigation is being conducted by the Communist Party of China Central Co

mmission for Discipline Inspection and the National Supervisory Commission.

Peng, a Sichuan native, was born in 1962. He graduated from Sichuan University with a master’s degree in 1985 and in July 1992 r

eceived his science doctorate from Pierre and Marie Curie University in Paris, specializing in polymers and materials.

He pursued a postdoctoral degree at ExxonMobil Chemical France from July 1992 to December 1993.

Peng then served in leadership positions at the Chengdu Institute of Organic Chemistry under the Chinese Academy of Sciences from 1997 to 2009.

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