The root cause for the repeated twists and turns in the China-US trade talks lies, to a grea
t extent, in the United States’ serious deviation from, and disdain for, the objective laws of econ
omics. The fact that China will never accept its unreasonable demands further complicates the matters for the US.
The US administration’s often competing and clashing objectives－though m
any of them are understandable－cannot be realized simultaneously. For instance, the U
S hopes to revive its industries and boost its real economy while maintaining the huge bubble in its financial market.
A dream called sustainable reindustrialization
Yet the US expends huge amounts of its resources just to maintain its mo
netary hegemony and thus ensure its financial sector offers higher pay and return on inv
estment compared with the real economy sectors, which helps it to maintain its advantage in
Given that the US economy is driven by domestic demand, consumption in particular, instead of exports, a high rate of eco
nomic growth will widen the trade deficit, as it would have to import more products than it exports. In such a situa
tion, the implementation of large-scale infrastructure construction projects would further increase the trade deficit.
To make up for the increasing savings gap, the US needs to introduce and use more foreign ca
pital, which will further enlarge the trade deficit. Therefore, the US cannot simultaneously maintain a high g
rowth rate, invest massively in infrastructure, reduce the trade deficit and restrict the inflow of foreign capital.
What is really questionable is that, despite its contempt for over-regulation of the economy, the US administration has been tryi
ng to impose regulations on international trade, even for its trade partners’ domestic economic management.
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.
Solana hailed the development of relations between China and the Europea
n Union, saying they could work together to uphold the existing international system.
“I think cooperation between China and the European Union is very impor
tant. And fortunately, that relationship now is in a good direction,” said Solana, who se
rved as the EU’s high representative for common foreign and security policy between 1999 and 2009.
He expected China to play a bigger role in the upcoming Group of 20 summit in Osa
ka, Japan, saying that leaders of major powers should sit down and have productive talks.
He hailed the Belt and Road Initiative, and said it is a good platform for international cooperation.
Using the database, researchers are able to carry out automatic facial recognition on panda faces to tell one animal from another, the center said.
Panda researchers hope algorithms and AI technology will help them analyze data on pandas both in captivity and the wild.
The app and database will help us gather more precise and well-rounded data on the population, distributi
on, ages, gender ratio, birth and deaths of wild pandas, who live in deep mountains and are hard to track,” said Chen Peng, a researcher w
ith the base who co-authored a paper on “Giant Panda Face Recognition Using Small Database.”
“It will definitely help us improve efficiency and effectiveness in conservation and management of the animals,” Chen said.
China has carried out four scientific field research project of giant pandas in the wild.
The giant panda was scientifically discovered 150 years ago and named in the city of Ya’an, Sichuan. It remains one of the world’s most endangered species.
hina attaches great importance to innovative development, and it
considers new generation artificial intelligence as the driving force for scientific and technolo
gical development, industrial optimization and upgrading as well as major productivity improvements while it s
trives to achieve high-quality development, President Xi Jinping said on Thursday.
Xi made the remark in a congratulatory letter to the World Intelligence Congress, which opened in Tianjin.
The president noted that AI is having a significant and far-reaching impact on economic development, social progress and gl
obal governance. He expressed hope that participants at this third congress strengthen exchanges, enhance con
sensus and step up cooperation to promote the healthy development of new-generation AI.
said it would be adding Huawei and its 70 affiliates to an Entity List, which will ban the compan
y from buying parts and components of US companies without prior government approval.
Gao Feng, spokesman for the Ministry of Commerce, said at a briefing that the con
cept of national security “should not be used as a tool for trade protectionism”.
“China strongly opposes other countries imposing unilateral sanctions on Chinese entities,” Gao said.
He called on the US to stop its wrongful behavior and make more efforts to create conditions for normal international trade cooperation.
Huawei has been increasing its 5G commercial contracts worldwide, with more countries giving the com
pany a vote of confidence. But it is facing security allegations from the US, which Huawei has said are unfounded.
companies, Lu said that as for foreign enterprises operating in Chi
na, there is no need for them to worry as long as their businesses are law-abiding.
S President Donald Trump issued an executive order on Wednesd
ay in which he declared a national economic emergency and banned the technology and
services of “foreign adversaries” deemed to pose “unacceptable risks” to US national security.
The US intention is so obvious that media outlets around the world have without exception interpr
eted this as targeting Huawei, by excluding the Chinese telecommunications giant from US networks.
Washington has repeatedly claimed that Huawei’s equipment poses a security threat, but for all the sound and fury, it sign
ifies nothing, as it has never produced any credible evidence, indeed any evidence at all.
nt with countries that commit to its equipment. And this may po
nt to a reasonable solution as it offers a way out for international partners in the West, which h
ave been caught in the middle of the US-waged campaign against Huawei, to cooperate with the Chinese company.
The security of 5G networks is a technical issue, and it should be addressed as such. Security prin
ciples should be based on verifiable facts and technical data rather than ideology or a vendor’s country of origin.
However, judging by its ill treatment of Huawei since last year, t
he US will continue with its persecution and has no intention of changing its ways.
The victimization of Huawei shows the world’s largest economy no longer wants to uphold the core values that govern free trade
and fair market competition. And it is willing to use its superpower status, so that, by hook or by crook, it can obstruct co
mpetitors that might challenge its competitive edge in science and technology.
n, who came to the main venue of the festival on Thursday with four friends.