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Huawei CEO addresses US ban, 5G and users’ rights

Ren said in an interview with Chinese media in Shenzhen on Tuesday that “We are very grateful to the

US companies. They have made a lot of contributions to us. Many of our consultants are from American companies such as IBM.

“We can make chips as good as those made by US companies, but it does not mean that we will not buy chips from them,” Ren added.

He said the company will not exclude US chips. “Instead, we should grow together. But if there is a

supply shortage, we have a backup. In the “peace period”, half of our chips are from the US companies and half

from Huawei. We cannot be isolated from the world.”Ren also highlighted that Huawei’s 5G plan will not be affected by

the US ban. “Others will definitely not be able to catch up with Huawei in 5G technologies for two or three years,” he said.

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urged to avoid more damage to China tiesonly

Beijing urged Washington on Saturday “not to go too far” in harming China’s interest

s, and called for it to change course to avoid further damaging bilateral ties.

China firmly opposes the United States’ recent remarks and actions that harmed China’s interests, in

cluding its resorting to political means to suppress normal operations of Chinese companies, State Coun

cilor and Foreign Minister Wang Yi said in a phone call with US Secretary of State Mike Pompeo.

History and reality show that China and the US both benefit f

rom cooperating with each other, while both suffer from bilate

ral conflicts, and cooperation is the only proper choice for the two major countries, Wang said.

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Another major problem is that the return on equity in the

infrastructure sector is a mere 3 percent while that in the US capital market is about 12 percent. So how can the US attract more private capital to the infr

astructure sector without guaranteeing a return on equity equal to that in the capital market?

US suffering from a financial Dutch disease

The US’ monetary hegemony is itself a big impediment to the reindustria

lization process, which could be viewed as a sort of financial Dutch disease-the apparent causal

relationship between the increase in the economic development of a specific sector and a decline in other sectors. The mor

e heated the US stock market gets, the more serious the Dutch disease will become. And, ironically, the US leader is k

een on strengthening the stock market to showcase his political and economic track record.

Besides, the US administration cannot launch large-scale infrastructure construction projects, significantly redu

ce the trade deficit with China and deny Chinese investors access to its market all at the same time.

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hina plans to boost rural development via digital technologies

hina plans to promote the applications of digital technologies in rural areas to boost local development.

As a step towards rural modernization and transformation, digital rural development plays a

crucial role in rural revitalization and building a digital China, according to the guideline jointly issue

d by the general offices of the Communist Party of China Central Committee and the State Council.

The country has vowed to achieve initial development of building di

gital villages by 2020, with 4G internet accessible to more than 98 percent of the ad

ministrative villages and the digital economy growing rapidly in rural regions, the guideline said.

With the upgrading of internet technology, 2025 will see a n

otable narrowing of the urban-rural digital gap, the establishment of various ent

repreneurial and innovation centers in rural areas, and an intellectual rural logistics system.

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Moreover, the guideline stressed the significance of impr

oving internet access in rural areas in poverty alleviation and called for enhanced inform

ation sharing to promote urban-rural integrated development.The Port of Dunkerque in Fra

nce would seize the opportunities presented by China’s Belt and Road Initiative to boost trade between the two nati

ons, authorities said on the Seventh Dunkerque Port Night on May 16 in Shanghai.

Held by the Dunkerque Port Authority of France at the St Regis Jingan in Shangha

i, about 400 delegates attended the event to discuss the port’s performance in 2018 and its future development.

Officials said during the event that bilateral trade volume bet

ween China and France grew 15.5 percent year-on-year to reach $62.9 billio

n (434.5 billion yuan) in 2018, the highest level in the history, and believed that trade exchanges between the two countries wo

uld become more frequent under the Belt and Road Initiative and with the support of the port.

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The US administration’s more often than not conflicti

conflicting goals have resulted in the trade conflicts with China an

d other countries. For instance, China’s exports to the US grew 11.3 percent

and its trade surplus with the US increased to $323 billion in 2018, up 17.3 percent year-on-year.

Moreover, Washington has forbidden US companies to sell chips to ZTE, a Chinese multinational telecommunications equip

ment and systems company, even after imposing huge fines on the company. By so doing, the US has act

ually encouraged China to increase investment in its high-tech sector. So, even if China and the US

were to strike a deal, China would be prompted to import lower volumes of energy and agricultural products from the US.

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

 Huawei from buying US technology without special approval, Huawei’s chipmaking arm, HiSilico

n, said it has long been prepared for the “extreme scenario” of the US blocking access to some components and technologies.

“We have been developing backup products for years in anticipation. … 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 Friday that the development and utilization of 5G depends on global cooperation, and i

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

HiSilicon, which was founded in 2004, has designed chipsets like Kirin, which has b

een used in Huawei’s high-end smartphones. In addition to server chips, the company has also

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developed chips for base stations, basebands and chipsets

powered by artificial intelligence.Services will be provided based on the results of a survey of 81 countries

China will offer customized data services for disaster prevention thr

ough its Fengyun meteorological satellites for more countries along the Belt and Road, said a

senior official of the China Meteorological Administration’s National Satellite Meteorological Center.

The services will be provided based on the results of a survey of 81 countries. By the end

of April, 22 countries, including Afghanistan, Pakistan, Iran, Russia, Libya and Sudan, had responded to the survey.

“From chips to its self-developed operating system, Huawei has long been preparing for in

dependent research and development in core technologies. It has the ability to adjust to changes in the glo

bal market,” said Xiang Ligang, director-general of the Information Consumption Alliance.

Huawei has also made preparations with core chipsets. Existing stocks

are thought to provide the company with a buffer of six months to a year, he said.

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one right now. It’s the source of a lot of discussion in

Museums are not only there for enjoyment; they are education, and as such should be free.

While I can appreciate the enormous costs involved in maintainin

g and obtaining collections, let the wealthiest 1 percent of the country pay for it.

The Met in NYC is technically free; they ask you to give what you can afford. But the ide

a of a person or child interested in art not being able to view it because of cost is morally wrong.

Free entrance does not attract people, nor does it encourage them to appreciate it.

Sure, there are exceptions to this, but by and large human beings tend to look up to things that are difficult or costly to access.

A better option is to charge fees for regular visitors but provide free ti

ckets as prizes for high-achieving students and others who are likely to appreciate the reward.

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Museums need lot of stuff such as vending machines and au

These kinds of machines are very complicated and benefit customers.

Most of all, students can gain a variety of scientific knowledge and principles through them.

I think art exhibits should be free to the public. I do, however, think twice

a year the museums should host a fundraising event to help pay for the cost of upkeep.

They do it all the time. Wealthy buyers pay $100 for a plate and the proceeds are given to the muse

um. If you decide you want to buy the art, the proceeds should go to the artist, with a fee going to the museum.

That’s why people need to pay admisson fees with regular prices.

However, they can’t run and develop these kinds of things without more budgets.

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