Mei said that although the ban will have certain impac

Mei said that although the ban will have certain impac

mpacts on Huawei, the Chinese telecom company has already prepared options to deal with the problem.

A recent report by Dongxing Securities said the US ban on Huawei will foster dem

and for manufacturing independent and controllable semiconductor components in China.

“We see remarkable room for growth in the next-generation 5G and consumer electronics products in the future,” the report sa

id. “As the US has imposed restrictions on Huawei’s purchases of US technology, some major domestic chi

pmakers will step in to offer the supply. As their market share grows in the future, they will gradually be able to g

ain core capabilities and increase their presence globally amid the fierce competition.”

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na photovoltaic modules export jumps 77% in nels in Dingh

na photovoltaic modules export jumps 77% in nels in Dingh

Thanks to huge demand in the emerging markets, China’s export of photovoltaic modules jumped 77.63 percent to 16.78 GW in

the first quarter, with exports value rising 31.89 percent to $4.39 billion, news portal Jiemian reported.

The report, citing newly released Import and Export Analysis Report of China’s Photovoltaic Prod

ucts in Q1 2019 by the China Chamber of Commerce for Import and Export of Machinery and Electronic Pr

ducts, said the cut in prices of China’s photovoltaic modules boosted purchase of overseas buyers.

The top five export destinations of China’s photovoltaic products

in the first quarter were Vietnam, the Netherlands, India, Japan, and Australia, the report said.

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Also on Friday, shortly after the US said it would ban Hu

Also on Friday, shortly after the US said it would ban Hu

awei from buying US technology without special approval, Huawei’s chipmaking arm, HiSilicon, said it has long been prepar

ed for the “extreme scenario” of the US blocking access to some components and technologies.

“We have been developing backup products for years in anticipa

tion. … Such efforts can ensure the strategic safety of most of the company’s products and

a continuous supply of most products,” said HiSilicon President He Tingbo in an internal letter.

Foreign Ministry spokesman Lu Kang said at a news conference on F

riday that the development and utilization of 5G depends on global cooperation, and int

erference by the US undermines the principle of fair competition and shows a lack of respect for other countries.

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Britain’s May to agree departure after latest Brexit deal bid

Britain’s May to agree departure after latest Brexit deal bid

 British Prime Minister Theresa May will set out a timetable for her departure in early June after the latest attempt to get her Br

exit deal approved by parliament, the chairman of a powerful Conservative committee said on Thursday.

Three years after Britain voted to leave the European Union, there is littl

e clarity over when, how and even whether Brexit will happen, prompting some in her party to c

all for a new approach to the country’s biggest policy shift in more than 40 years.

May has promised to step down after her Brexit deal is approved by lawma

kers. But many in her party want her to set out clearly when she will quit if the agr

eement is rejected for a fourth time, and others are demanding her immediate departure.

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Lee Byong-hyun, chairman of the executive board of UNE

Lee Byong-hyun, chairman of the executive board of UNE

said at the session’s opening ceremony that multilateral cooperation is crucial in tackling local, regional and global issues.

“My experience has taught me that the key for the success of international cooperation is dialog

ue,” he said. “This requires being curious about others, willing to open up and ready to listen with real engagement.”

Chen Baosheng, minister of education, said civilizations are enriched by exchanges, in which people learn from each other.

“To promote the world’s peaceful development, we need to see more and think more in light of protecting diverse Asian civiliza

tions. It’s encouraging to hold a more inclusive and modest attitude about equal dialogue among Asian civilizations.

“We need to keep the principle of amity, sincerity, mutual benefits and inclusive

ness in mind to make the dialogue among Asian civilizations an inspiration to the world an

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competitors. This was the policy followed by the US in the

competitors. This was the policy followed by the US in the

 in the 19th century and by Western Europe, Japan, and South Korea in the years after World War II.

China is no longer a poor country. It can no longer compete by using l

ow-wage labor. Fortunately, it has now developed world-class companies that are incr

easingly developing new products and services that can compete successfully in many foreign markets.

Now that it has reached middle-income status, China’s economic strategy will focus on creating a highly competitive dom

estic market that forces companies to produce high-value goods so they can pay high wages to highly skilled people.

Because of its long experience in manufacturing, much of th

at push will be focused on higher value-added production, using the new technologies of rob

otics, artificial intelligence, the internet of things and 5G. This is the only way to avoid the middle-income trap.

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The rise in both pet ownership and travel is increasin

The rise in both pet ownership and travel is increasin

The rise in both pet ownership and travel is inIn 2018, the pet market was w

orth 172.2 billion yuan, more than triple that of 2013,” said Neil Wang, president of con

sultancy Frost & Sullivan. “Of which, the dog market was 98.5 billion yuan and for cats it was 60.2 billion yuan.”

According to Frost & Sullivan’s research, services counted for about 15 percent of the pet dog and cat market, totaling 24.1 billion yuan.

As pet hotel services are in hot demand, the industry has been upgrading to assure pet owners

of the safety of their four-legged friends. And some business owners such as Li have taken things a step

further, making sure that it’s not only the owners who are happy, but the pets, as well.

Li said many pet owners worry that there is no comfortable place for their best friends to stay.

“Traditional pet centers can harm pets by keeping them in spaces that are too small, especially big breeds, which can’t even tu

rn around,” she said. “Pets can also see guests going in and out of the facility, and that can frighten them, as well.creasin

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Shanghai alone generated 509.2 billion yuan in touris

Shanghai alone generated 509.2 billion yuan in touris

m revenue last year, up 13.5 percent year-on-year. Out of it, 447.7 billion yuan was contributed by 340 million passenger trips by domestic travelers.

Shanghai’s abundant cultural and tourism resources, its high lev

el of internationalization, convenient public transportation, fine public service, rapi

dly improving level of intelligent urban infrastructure are attracting travelers from home and abroad, said He.

Last year, 135 products sought official recognition to be sold as city souvenirs. Only 43 made

it to the shortlist, out of which 24 were eventually selected as they featured distinctive Shanghai elements.

Many of the products are made by time-honored brands including White Rabbit creamy candy, Park Hotel’s butterfly cooki

es, local patisserie Xing Hua Lou’s sweetened bean paste moon cake, Bee & Flower sandalwood soap, Liushen Fl

orida Water, as well as Shanghai Museum’s creative jewelry box, silk scarves, teacup sets and table flags.

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Akihito walks for a ritual called Taiirei-Toashikodokoro

Akihito walks for a ritual called Taiirei-Toashikodokoro

Earlier in the day, Akihito reported his abdication in sanctuaries i

nside the Imperial Palace, including one honouring the sun goddess Amaterasu Omikami, from

whom mythology says the imperial line is descended, and two others for departed emperors and Shinto gods.

Video aired on NHK public television showed Akihito, wearing a dark orange traditional robe and black headdress, wal

king slowly into the first sanctuary as a courtier in a white robe walked behind holding the train and another carried a sword.

Era names, or “gengo” as they are known in Japanese, are used in Japan for the length of a monarch’s reign.

The new era name, Reiwa, meaning beautiful harmony, was announced by the government on April 1.

New era names are usually announced after the accession of the new monarch, but the

government decided to announce the new name in advance of the accession of the new emperor.

Crown Prince Naruhito conducted a similar ceremony, NHK said.

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ledges at forum draw overseas experts’ praise

ledges at forum draw overseas experts’ praise

The international community has hailed President Xi Jinping’s call on Friday to ease mar

ket access for foreign capital and increase imports so that opening-up reaches a higher level.

Xi said in his keynote speech at the opening ceremony of the

Second Belt and Road Forum for International Cooperation in Beijing that the purpose of bu

ilding the Belt and Road is to achieve win-win cooperation and common development.

China will increase its imports of goods and services and will further lower its tariff rates, Xi said.

Francis Chua, chairman emeritus of the Philippine Chamber of Comm

erce and Industry, noted Xi’s emphasis on quality imports and state-of-the-art products.

“China will keep its commitments,” said Chua, who was attending the forum as a member of the Philippine business delegation.

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