5G is not just a faster 4G. It will fundamentally reshape

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5G is not just a faster 4G. It will fundamentally reshape

 how enterprises run businesses and overhaul a wide range of industries by using data to create more value,” Lu said.

Greater access to China’s financial sector will encourage global investors and dispel the gloom clouding the global econo

my amid Beijing’s trade tensions with Washington, according to senior officials and economists.

Chinese financial regulators are preparing a comprehensive opening-up, with more new measures in the pipeline. Forei

gn institutions with advanced performance in risk management, credit rating, consumer finance, endowments an

d health insurance are especially welcome, senior officials stressed over the weekend.

The opening measures will offset part of the negative impacts of trade friction on economic

recovery, and enable China to reach its GDP growth target of above 6 percent this year, they said.

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The report said 12 countries announced their nationa

onal strategies on AI in 2018, including the US, Germany and the United Kingdo

m, and another 11 countries are in the process of drawing up their national AI strategies.

The report pointed out that the weakness of AI research in China lies in the insuffi

cient collaboration between universities and industries, while Israel and the US are ahead in this respect.

“AI research in China is largely limited within universities, result

ing in a low rate of technology transfer from research to commercial products,” Li said.

Wang Yingchun, director of Shanghai Science and Technology Development Res

earch Center, said technology diffusion has been taking places in the Yangtze River Delta.

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hinese scientists may have found effective and safe imm

hinese scientists have developed two possible vaccines for the A

frican swine fever virus, the Chinese Academy of Agricultural Sciences announced on Friday.

The research was led by Harbin Veterinary Research Insti

tute, in Harbin, Heilongjiang province, which is affiliated to the academy.

Researchers have determined the minimum amount required to produce adequate immunization, and have proved they are

safe when used in large quantity and repetitively, the academy said, adding more research and tests are ne

eded before the vaccines can be submitted to authorities for inspection and approval.

Currently there is no effective vaccine for African swine fever, althoug

h research and development of potential vaccines is underway in some countries.

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Capital International Airport by 12 pm Sunday had canc

nceled 111 out of 436 scheduled flights, while a China Southern Airlines flight scheduled to arrive in Beijing at noon fro

m Guangzhou in Guangdong province found cracks on its windshield due to hail upon landing.

The flight arrived safely with no injuries onboard, said China Southern Airlines.

Railway departments said Sunday afternoon that they had ad

opted measures limiting the speeds of some intercity trains between Beijing and T

ianjin, while also canceling a number of services due to strong winds and significant rainfall.

The heavy rainfall and thunderstorms will last until 8 pm Sunday, according to the N

ational Meteorological Center, which issued a blue alert for severe weather on Saturday.

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ers help the stranded Australian climber to a safe locati

Tibetan alpine rescuers successfully rescued an Australian climber experienci

ng critical health problems at an altitude of 7,500 meters on the northern slop

e of Mount Qomolangma – known as Everest in the West – according to the Tibet Mountaineering Association.

The stranded climber was discovered Wednesday at 7 pm by a four-person mountai

neering crew from the Tibet Himalaya Expedition Co on their way back from repair work.

On their journey they found the climber in a state of physical exhaustion, out of consciousness, and in critical condition.

The team reported the situation to Qomolangma Base Camp, and the liaison offic

er ordered the team to assist the climber’s descent, also directing six other mountaineers to facilitate the rescue.

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News of Lippi’s hiring triggered a wave of chatter on Chin

nese social media. An hour after the announcement, related topics had been viewed more than 5 million times. While many b

asked in the coach’s return, others expressed concern about the current status of the national team.

The last major appearance of Team China was at the 2019 China Cup in

Nanning, Guangxi Zhuang autonomous region, in March, when the squad lost both its gam

es. Lippi’s successor, Fabio Cannavaro, who coached both China and Evergrande, resigned a month later.

Lippi will now guide the team through the qualifying rounds

of the 2022 World Cup. China is looking to secure a place in the

World Cup again after making its one, and so far only, appearance in the finals in 2002.

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The IMF report warned that the additional impact of the r

 recent and future tariffs will cut about 0.3 percent of global GDP in the short ter

m, with half stemming from negative effects on business and market confidence.

Failure to resolve the trade differences and further escalation in other areas, such as the auto

industry, which would cover several countries, “could further dent business and financial market se

ntiment, negatively impact emerging market bond spreads and currencies, and slow investment and trade“, the research said.

Experts urged the US government to stop its protectionism and proposed options for a resolution between the two countries.

Chen Wenling, chief economist of the China Center for International Economic Exchanges, said the US needs to correct moves that have

already added pressure to global economic prospects. Otherwise, it will “pay the price” for its protectionist behavior, she said.

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noted that China and Brazil are the biggest developin

oping countries in the Eastern and Western hemispheres, and both are important emergi

ng markets. The two countries have a common wish and great potential for development, he said, ad

ding that both countries are important forces for promoting a multilateral world.

Since the establishment of diplomatic ties 45 years ago, relations between China and Brazil have achieved fruitful outcomes, Xi said.

The president said it is a critical period for the two countries, and they s

hould forge ahead, and each side should deem the other as a partner for development.

Xi called on the two countries to respect, trust and support each other in making the China-Brazil relationship a model for de

veloping countries’ cooperation and an important force in promoting world peace and progress.

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ntry’s rare earth resources, and the environmental pro

ironmental protection measures the company takes in production.

Only when a company has independent intellectual property rights and core technology

will it make competitive products and succeed amid fierce competition, Xi said.

Noting that technological innovation is the lifeblood of enterprises, Xi encourag

ed the company to focus on technological innovation and master more core technologies.

Rare earth is a non-renewable important strategic resource, Xi said, addin

g that more efforts are needed to upgrade the technology for its exploitation and applic

ation, increase its added value, and protect the environment, to achieve green and sustainable development.

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tariffs by the US on solar imports, as well as the country’s anti

dumping and anti-subsidy measures, have largely reduced China’s export to the country.

Photovoltaic modules export to India also slumped 24.4 percent to 1.81 GW in the first quarter, as the Indian government ordere

d that all photovoltaic modules for government and central public utilities projects should be 100 percent India-made.

China’s top five photovoltaic modules exporters in value in the first quarter were Jinko Solar, J

A Solar, Trina Solar, Canadian Solar, and Longi, taking up 12.8, 8.6, 8.3, 7.4, and 6.7 percent, resp

ectively, of total export value. Export volume of the top 12 exporters took up 65 percent of total export, added the report.

The report projected that China’s photovoltaic modules capacity will furth

er expand 8.5 percent to 83 GW this year, with nearly 50 GW exported to the overseas market.

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