Guangzhou all w阿拉爱上海女神会所ill build subways covering more than 1,000 k
ilometers, and Shenzhen, Wuhan and Chengdu plan to reach 800 kilometers.
However, the financial situation in operating these urban rail networks was not satisfactory. While
over 600 billion yuan ($86.69 billion) invested into the sector in more than 30 cities last year, o
nly a few cities managed to break even, according to the 21st Century Business Herald.
Data from 28 cities showed that the ratio of revenue and expenditure stood at 78 percent in
2018 after increasing 8 percentage points from the previous year. Only four cities — Hangzhou, Qin
gdao, Shenzhen and Beijing — achieved balance last year, and the rest of 24 cities operated at loss.
th investors have started to realize the importance of not putting all their eggs in one basket, said Zi Yu
an, head of investment platforms and solutions at UBS Securities. One solution is to hold dif
ferent currencies to avoid the possible risk of the exchange rate fluctuation of one single currency.
“They are looking at more overseas markets. Different markets sometimes are litt
le connected. For example, the Chinese stock market was really disheartening last year. But if an investor all
ocated his assets in the US stock market or other markets with high yield bonds, the loss in the Chinese stock m
arket will be offset and the stability of the entire investment portfolio will be further consolidated,” he said.
China and Niger should enhance Belt and Road cooperation and implemen
t major projects in areas such as infrastructure, energy and agriculture, President Xi Jinp
ing said on Tuesday. Xi made the remark while meeting with Niger’s President Mahamadou Issoufou at the Gre
at Hall of the People in Beijing. Issoufou is paying a state visit to China from Sunday to Thursday.
Witnessed by the two leaders, China and Niger signed a number of cooperation documents after their talks. Xi appre
ciated Issoufou’s efforts in promoting the China-Niger and China-Africa friendship over the past few years. Not
ing that China and Niger are good friends, partners and brothers, Xi said that the two countries have enhanced mu
tual political trust and have achieved fruitful outcomes in practical cooperation in several areas.
China would like to work with Niger to jointly implement the outcomes of the Beijing Summit of the Forum on China-Afri
ca Cooperation, strengthen strategic cooperation and bring more benefits to the people of both countries.
Meeting in Nanchang eyes achieving new advances in development of country’s central region
President Xi Jinping stressed the significance of owning indep
endent intellectual property rights and core technology while visiting a producer of rare
earth, which he hailed as an “important strategic resource”, in Ganzhou, Jiangxi province, on Monday.
Xi, also general secretary of the Communist Party of Chin
a Central Committee and chairman of the Central Military Commission, visited the JL MAG Ra
re-Earth Co immediately after he arrived in Jiangxi for the three-day inspection tour.
At the company, Xi learned about its production and operation, the r
are earth industry’s development in Ganzhou, the development and application of the co
President Xi Jinping inspected a company that manufactures high-tech magnetic m
aterials as he kicked off an inspection trip to East China’s Jiangxi province on Monday.
Xi learned about the business operations of the JL MAG Rare-Earth Co Ltd, based in Ganzhou, which speciali
zes in rare earth permanent magnetic materials, as well as the development of the rare earth sector in the city.
Ren Zhengfei, founder and CEO of Huawei, said on Tuesday that the US governm
ent’s 90-day extension “doesn’t mean much”, adding that the company was ready to deal with the ban.
Ren’s comments came after the US Commerce Department said on Monday that it gave Hu
awei a 90-day license to purchase US technologies to maintain existing networks and provide software upd
ates to existing Huawei handsets. That marks a delay of the ban on US technology exports to Huawei.
Information Industry Development, said Huawei’s chip making arm HiSilicon can help Huawei ensure the s
ustainability of its business to some extent, and its chip stocks “are expected to provide a buffer of six months to a year”.
Huawei said it procured around $70 billion worth of components and services from i
ts 13,000 suppliers worldwide last year, with roughly $11 billion coming from US suppliers.
The US has been voicing the “national security threat” of using Huawei products.
French President Emmanuel Macron said on Thursday that France will allow Huawe
i to build its 5G network infrastructure while preserving national security, according to Xinhua News Agency.
Transformation of traditional industries speeding up, riding wave of high tech
The Chinese economy is poised for more vigorous growth after gathering new strength through upgrad
es in traditional industries and accelerating the growth of high-tech industries and emerging sectors.
The country will further expand market access with a nationally unified, annually released and timely adjusted negative list for m
ore market vitality, according to the National Development and Reform Commission, China’s top economic regulator.
Meng Wei, spokeswoman of the commission, said at a media conference on Fri
day that China has made steady progress in cultivating new momentum and promoting t
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.
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
mes, as 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
hanism 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 urged 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